RENO, NEVADA — (Marketwire) — 08/18/11 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports that as part of its on-going 10,500 meter (approx. 20 hole) drilling program on its Red Hill Prospect it has commenced drilling on the Coal Canyon.The target for the first Coal Canyon drill hole (RHCC11-001 is planned for a depth of 500 meters) is a follow-up on a historic hole that contained 10 feet of 0.39 grams gold. It is within a much broader zone of silica cemented breccia containing the favor
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/11 — Sinchao Metals Corp. ("Sinchao Metals" or the "Company") (TSX VENTURE: SMZ) announces that it has reached a settlement arrangement with Andean American Gold Corp. ("AAG") in relation to certain outstanding debt owed by the Company to AAG.The Company has agreed to issue to AAG a total of 8,888,889 common shares at a deemed price of $0.09 per share in settlement of $800,000 of indebtedness owing by the Compa
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/11 — UC Resources Ltd. (TSX VENTURE: UC) ("UC") has granted, pursuant to UC-s incentive stock option plan, a total of 700,000 options to a director and officer at a price of $0.10 per share. The options entitle the optionee to acquire one common share of UC. The options are exercisable over a five-year period expiring August 16, 2016.On behalf of the Board of Directors,Jim Voisin, President & COOUC Resources Ltd.We seek safe h
LONDON, ONTARIO — (Marketwire) — 08/17/11 — Trueclaim Exploration Inc. (TSX VENTURE: TRM)(PINK SHEETS: TRMNF)(OTCQX: TRMNF) (the "Company"), an explorer and developer of precious and base metals projects, is pleased to announce that it has signed two option agreements with Frank Tagliamonte (the "Optionor") to acquire a 100% working interest in two groups of mineral claims in the Province of Quebec.BERRY-DESBOUES TOWNSHIPS: The Berry-Desboues property consists of 15 cont
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/11 — Galore Resources Inc. (TSX VENTURE: GRI) (the "Company") is granted acceptance by the TSX Venture Exchange (the "Exchange") to extend warrants issued in connection with a non-brokered private placement completed in August 2009. The warrants will be extended by one (1) year from the expiry date.As a result of the Exchange acceptance, the Company will extend the expiry date of 2,479,412 share purchase warrants to Augu
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/11 — CAPELLA RESOURCES LTD. (TSX VENTURE: KPS)(PINK SHEETS: CPSJF) ("Capella" or the "Company") ") is pleased to announce an updated National Instrument 43-101 Report (the "Report") for the Company-s Lajitas Gold Project in Chile (the "Lajitas Project"). The Report dated effective August 17, 2011 has been prepared for the Company by Brian L. Cole, P. Geo., who is a Qualified Person under National
TORONTO, ONTARIO — (Marketwire) — 08/17/11 — Manicouagan Minerals Inc. (TSX VENTURE: MAM) (the "Company") announces that 100,000 options to purchase common shares of the Company are being granted to an officer at an exercise price of $0.16 per share, expiring on August 17, 2016. The grant is subject to regulatory acceptance.About ManicouaganManicouagan Minerals Inc. is a Canadian based exploration company focused on advancing its gold projects in the Pickle Lake Gold Belt, Ontario
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/11 — Anfield Nickel Corp. (TSX VENTURE: ANF) ("Anfield") is pleased to announce that it has appointed John Youle as Vice President, Corporate Affairs effective August 17, 2011.In addition, Anfield announces that, pursuant to its Stock Option Plan, it has granted incentive stock options to certain directors, officers, employees and consultants of the Company to purchase up to an aggregate of 615,000 common shares in the capital sto
TORONTO, ONTARIO — (Marketwire) — 08/17/11 — Breakwater Resources Ltd. ("Breakwater") (TSX: BWR)(TSX: BWR.WT.A) has today announced that, in order to comply with stock exchange requirements, it has fixed the record date for the payment of the Breakwater Special Dividend previously announced in Breakwater-s June 15, 2011 and June 23, 2011 news release in connection with the offer (the "Offer") by Nyrstar NV, through its direct wholly-owned subsidiary, Nyrstar Resources Ca
MEDELLIN, COLOMBIA — (Marketwire) — 08/17/11 — Tao Minerals Ltd. (TAO) (OTCQB: TAON)(PINK SHEETS: TAON) is pleased to provide an update on the upcoming geological work to be carried out on the Las Aquadas and Mutata properties. Tao geologists will be undertaking detailed stream sedimentary and geochemical work on the Mutata project that will further define prime targets. The Mutata property has multiple mineral targets with previous and current work showing platinum, gold, nickel and copper
