WEST KELOWNA, BRITISH COLUMBIA — (Marketwire) — 01/19/12 — COLORADO RESOURCES LTD. (TSX VENTURE: CXO) ("Colorado" or the "Company") is pleased to announce it has received results from the 2011 exploration program completed on its 11,324 hectare Hit Property (the "Property") located approximately 27 km-s north of Princeton, B.C.The 2011 program consisted of a detailed compilation of all the historic and recent work completed on the Property, followed by a trench
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/19/12 — Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX: OMN)(OTCQX: OMCCF)(PINKSHEETS: OMCCF)(FRANKFURT: OMC) is pleased to announce that, subject to applicable regulatory approval, it intends to carry out a private placement (the "Private Placement") for up to 7,800,000 common shares (the "Shares") of the Corporation at a subscription price of $1.25 per Share, raising aggregate gross pr
TORONTO, ONTARIO — (Marketwire) — 01/19/12 — Detour Gold Corporation (TSX: DGC) ("Detour Gold" or the "Company") and the Metis Nation of Ontario ("MNO"), as represented by its President Gary Lipinski and the MNO-s Regional Consultation Committee for the James Bay-Abitibi/Temiscamingue areas are pleased to announce that they have finalized an Impact and Benefit Agreement ("IBA") with respect to the development and operation of the Company-s Detour Lake
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/19/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders held on January 13, 2012.For more information on the Company visit our website at .ON BEHALF OF STARCORE INTERNATIONAL MINES LTD.Robert Eadie, Executive Chairman, CEO and Interim PresidentThe Toronto Stock Exchange has not reviewed nor does it accept responsibility for the adequacy or a
TORONTO, ONTARIO — (Marketwire) — 01/19/12 — Unigold Inc. ("Unigold") (TSX VENTURE: UGD) has granted 75,000 options to an employee providing investor relations services to the Company. These options have been granted pursuant to Unigold-s Stock Option Plan, have a term of five years and are exercisable at a price of $0.32 cents per share. The options vest on a quarterly basis over a 12-month term.About Unigold Inc. – Discovering Gold in the CaribbeanUnigold is a growth-oriented ju
TORONTO, ONTARIO — (Marketwire) — 01/19/12 — Ferrum Americas Mining Inc., (TSX VENTURE: FEM) ("Ferrum" or the "Company") is pleased to announce the receipt of positive results from preliminary magnetic separation metallurgical test work on the Company-s Cerro Rojo iron ore project, located in eastern Bolivia, approximately 55 kilometres west of Puerto Suarez and the Hidrovia River system near Corumba, Brazil.Samples totalling 157 kilograms were collected from four surfac
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/19/12 — San Marco Resources Inc. (TSX VENTURE: SMN) has completed its non-brokered unit private placement announced December 16, 2011. The private placement was oversubscribed and a total of 5,176,250 units at $0.10 per unit were issued in two tranches for gross proceeds of $517,625. The shares, including any shares issued on exercise of the warrants and as finder-s fees, are subject to transfer restrictions until April 24, 2012 (first tranche
OTTAWA, ONTARIO — (Marketwire) — 01/19/12 — Focus Metals Inc. (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) (the "Company") is pleased to announce that it has filed on SEDAR a NI 43-101 compliant Technical Report on a mineral resource estimate at the Company-s 100% owned Lac Knife, Quebec Project near Fermont, Quebec. The graphite mineral resource estimate was prepared by Edward Lyons, P. Geo. and Guy Saucier, Eng., independent Qualified Persons of Roche Ltd. ("Roche"
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/19/12 — Galore Resources Inc. (TSX VENTURE: GRI) announces the acquisition of surface rights to 110 hectares of privately owned land known as Rancho Duraznillo that cover an important portion of the Dos Santos project Los Gemelos gold target.Galore-s Dos Santos project in Zacatecas, Mexico, now holds, through the wholly-owned Mexico subsidiary Minerales Galore S.A. de C.V., 15,143 hectares of mineral rights. For these mineral rights, there are
TORONTO — (Marketwire) — 01/19/12 — Titan Resources International Corp. (PINKSHEETS: TNRI) is pleased to announce that is has signed an LOI to expand its presence in a prolific British Colombia mine situated close to New Denver, BC.The Company has entered into an LOI to acquire up to 75% of several contiguous mining claims of a highly recognized property. Historically speaking, approximately 500,000 tonnes of ore have been extracted from this region over the last century. Our research in th