MONTREAL, QUEBEC — (Marketwire) — 07/14/11 — Majescor Resources Inc. (TSX VENTURE: MJX) ("Majescor" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") of up to 15,000,000 units (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $3,000,000. Each Unit will consist of one common share (a "Share") in the capital of Majescor and one-half of a common share purchase warrant (a "Warran
RENO, NEVADA — (Marketwire) — 07/14/11 — Western Lithium USA Corporation (TSX: WLC)(OTCQX: WLCDF) ("Western Lithium" or the "Company") is pleased to announce that the 2010 and 2011 drill program has resulted in a significant increase to the project-s resource size. The resource for Stage I is now defined by approximately 200 drill holes that have all intersected lithium bearing clays. It is expected that the new resource will provide for increased feedstock grade to the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Rogue Resources Inc. (TSX VENTURE: RRS) (the "Company") announces it has signed a drill contract with Orbit Garant Drilling Inc. (TSX: OGD) for a minimum of 10,000 meters of drilling on the Company-s flagship Radio Hill Iron Ore property, located 85 km southwest of Timmins, Ontario. Drilling is expected to be completed in 2011 and will culminate with an updated resource estimate on the Radio Hill historical resource(i). The c
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Sandstorm Gold Ltd. ("Sandstorm") (TSX VENTURE: SSL) is pleased to announce the commencement of commercial production at SilverCrest Mines Inc.-s ("SilverCrest") (TSX VENTURE: SVL) Santa Elena Mine ("Santa Elena"), located in Sonora, Mexico. Under the Gold Purchase Agreement with SilverCrest, Sandstorm is entitled to purchase 20% of the life of mine gold produced from Santa Elena at a per ounce price equal
Silver Sales Up 52 Percent; Fertilizer Sales Up 4 Percent; Auric Project Increasing in Scope
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Prospero Silver Corp. (TSX VENTURE: PSL) ("Prospero" or the "Company") announced today the results of a Z-TEM (z-Axis Tipper Electromagnetic System) and magnetic helicopter airborne geophysical survey recently completed at its Campana and San Luis del Cordero projects in central Durango State, Mexico. The survey, which covered 192 square kilometres, revealed three large high-resistivity anomalies and several minor a
TORONTO, ONTARIO — (Marketwire) — 07/14/11 — David Huberman, Chairman of Ivanhoe Mines, (TSX: IVN)(NYSE: IVN)(NASDAQ: IVN) announced today that Dan Larsen, Rio Tinto-s Controller and Global Head of Planning and Reporting, has been appointed to the Ivanhoe Mines Board of Directors.Rio Tinto-s nomination of Mr. Larsen increases to seven the number of Rio Tinto appointees presently on the 14-member Ivanhoe Mines board.Under terms of the October 2006 private placement agreement between Rio Tint
TORONTO, ONTARIO — (Marketwire) — 07/14/11 — Romios Gold Resources Inc. (TSX VENTURE: RG)(OTCBB: RMIOF)(FRANKFURT: D4R) ("Romios" or the "Company") is pleased to announce that it has added a third drill to its drilling program in the Galore Creek area of northwestern British Columbia.The drill, which arrived on site yesterday, will accelerate and expand the current 2011 summer exploration program on the Company-s Trek, Dirk and Newmont Lake properties. The current progra
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Silvercorp Metals Inc. (TSX: SVM)(NYSE: SVM) ("Silvercorp" or the "Company") is pleased to report today it has achieved record silver production and record sales for the first quarter of fiscal 2012.HIGHLIGHTSYing Mining Camp, Henan Province, ChinaFrom the four mines at the Ying Mining Camp, a record 1.6 million ounces of silver were produced and sold in this quarter, well on track for the fiscal year 2012 Productio
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/14/11 — Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR) announced today that as a result of the recent discovery of a new gold system on its wholly owned Grasset Property, it has further expanded its property position along the Detour Gold Trend ("DGT") in central Quebec. Balmoral has acquired, by staking, an additional 243 claim units covering a further 12 kilometres of the Detour/Sunday
