HALIFAX, NOVA SCOTIA — (Marketwire) — 10/19/11 — Linear Metals Corporation (TSX: LRM) is pleased to announce that it intends to complete a non-brokered private placement ("Private Placement") of up to four million units ("Units") at a price of $0.25 per Unit for aggregate gross proceeds of up to $1,000,000. Each Unit will consist of one (1) common share of the Company ("Common Share") and one half (1/2) of one Common Share purchase warrant of the Company ("
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Empire Mining Corporation (TSX VENTURE: EPC) ("Empire") is pleased to provide an update on its acquisition of a 100% interest in the Bursa Licences, which cover the Demirtepe and Karapinar projects in Turkey; originally announced in July.Empire and Alacer Gold Corp. ("Alacer") have further amended their purchase and sale agreement such that the parties have agreed to use best efforts to complete the transactions the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Colombia Crest Gold Corp. (TSX VENTURE: CLB)(PINK SHEETS: ECRTF)(FRANKFURT: EAT) ("Colombia Crest"; the "Company") is pleased to announce that recent rock chip sampling and mapping at the Arabia target, which lies partially on the Venecia Project and partially on the Fredonia Project, has resulted in the discovery of potassic-altered diorite porphyry rocks in outcrop. Porphyry-style potassic-altered outcrops have be
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Fjordland Exploration Inc. (TSX VENTURE: FEX) reports that on October 21st, it plans to commence a 4-hole, 1000-m diamond drilling program on its road-accessible Red Lobster Property, located approximately 25 kilometres west of the historic Sullivan Mine in southeastern British Columbia. A drill location map may be viewed at . The principal targets for drilling are sedimentary exhalative zinc-lead-silver deposits, similar to those mine
-Intersected 8 Metres Grading 1.02% V2O5 Including 3.5 Metres Grading 1.21% V2O5 on the Gulcari "A" North Zone -Intersected 9 Metres Grading 1.08% V2O5 Including 6 Metres Grading 1.25% V2O5 on the Sao Jose West Zone
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — BonTerra Resources Inc. (TSX VENTURE: BTR) (FRANKFURT: 9BR) (the "Company", "BonTerra") has received assays for holes 27, 28, 30 & 31 on the Eastern Extension property (the "Property") in Quebec. The highlight of these drill holes was BA-11-31 which assayed as high as 25.70 grams / tonne gold. The Property is situated 170km northeast of the gold mining city of Val d-Or, Quebec in the Abitibi Greenstone
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX VENTURE: OMN)(OTCQX: OMCCF) is pleased to announce additional assay drill results at the Corporation-s Oracle Ridge Copper Mine in southern Arizona.Of the 10 holes being reported today, seven holes intersected high-grade copper mineralization in areas extending beyond the previously known mineralization.Highlights include 24 feet of 3.09% copper in Dril
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/19/11 — Kenai Resources Ltd. ("Kenai") (TSX VENTURE: KAI) is pleased to provide a further update on drilling at the Sao Chico gold project in north central Brazil. The drilling program currently underway at Sao Chico from core holes 11-SC-001 to 11-SC-005 has demonstrated that it is drilling into deeper zones which may be the source of the multiple parallel veins mined on the Sao Chico garimpo. Surface mining by garimpeiros was estim
TORONTO, ONTARIO — (Marketwire) — 10/18/11 — United Hunter Oil & Gas Corp. (TSX VENTURE: UHO) (the "Corporation") has granted 350,000 options to a consultant. The options have an exercise price of $0.15 per common share, will expire and vest 1/3 per year for 3 years with the first 1/3 vesting on the date of grant. All option grants are subject to regulatory approval.United Hunter Oil & Gas Corp. is a Canadian based corporation with management experienced in the oil and gas
Receives unanimous community support for mining permit applications Submits all required mining application documentation