TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Carlisle Goldfields Ltd. (TSX: CGJ) is pleased to announce results from the first six surface diamond drill holes from its 2011 drill program at the MacLellan Mine deposit, located in Lynn Lake, Manitoba. Drilling to date has focused on expanding the defined resource at the MacLellan Mine site; and exploratory drilling in the western extension of the MacLellan area as a follow-up to the recently completed Induced Polarization survey. Significant
BURNABY, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Fancamp Exploration Ltd. (TSX VENTURE: FNC) – The following is an update on the Company-s current exploration activities:Magpie, QuebecDrilling with two machines has been underway at The Magpie Mines Inc. deposit since July 7, targeting the historic deposit #2 on which three drill holes were put down by the Company in 2008. Drilling is taking place on a series of 500 foot spaced sections originally laid out by Stratmat Inc. in 1961. Thes
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 4,250,000 units at a price of $0.28 per unit to raise gross proceeds of $1,190,000. Each unit consists of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant is exercisabl
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Woulfe Mining Corp. ("Woulfe" or the "Company") (TSX VENTURE: WOF)(OTCQX: WFEMF) is pleased to provide an updated capital cost estimate for the development of the Sangdong tungsten-molybdenum project in South Korea. The new capital cost estimate is US$135 million for construction of a 1.2 million tonne per annum ("Mta") operation. Woulfe is fast tracking the Sangdong project as previously announced. In ord
PHOENIX, AZ — (Marketwire) — 07/27/11 — Bonanza Goldfields Corp. (PINKSHEETS: BONZ) ("Bonanza" or the "Company") is pleased to announce the appointment of Mr. Peng-Mun (PM) Foo to the Advisory Board.Mr. PM Foo has over 17 years experience investing in and building businesses in Asia. PM holds a Singapore Fund Management Representative-s license, and is a licensed Private Equity Fund Manager. He has served as Director, Asia Pacific with International Alliance Associates L
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Augen Gold Corp. ("Augen Gold" or the "Company") (TSX VENTURE: GLD) today announced that its Board of Directors unanimously recommends that shareholders reject the unsolicited offer by Trelawney Mining and Exploration Inc. ("Trelawney") to acquire the common shares of Augen Gold. The Board determined that the Trelawney offer fails to provide full value for Augen Gold shares and is an attempt by Trelawney to acquire A
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF) ("Mesa") is pleased to announce that the company has commenced an exploration program on the Blawn Mountain and White Mountain potash projects in western Utah.The exploration program will involve a detailed, systematic ground geophysical survey, geological mapping and reconnaissance, with rock sampling at elevated radiometric readings and mineralization. The projec
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/27/11 — Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE: AOX)(OTCBB: AOVTF)(FRANKFURT: R2X), is pleased to announce the assay results from the first two drill holes of its 2011 drill program on the Sun Property located in the Ambler Mining District, Northwest, Alaska. Drill holes Sun11-23A and Sun11-24 were completed in June 2011 at depths of 316.4 and 157.3 meters, respectively.The 2011 drill core was split
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Victoria Gold Corp.(TSX VENTURE: VIT) ("Victoria" or the "Company") is pleased to announce that two highly qualified individuals, Mr. Edward Dowling and Mr. Christopher Hill, have been nominated to serve on the Company-s Board of Directors. Additionally, T. Sean Harvey, Hugh Agro, Leendert Krol, Michael McInnis and John McConnell are to stand for re-election to the company-s Board of Directors. The election will take place at