– Receipt of Authorization to Begin Development at Siou for Anticipated Production in Second Quarter of 2014 – Net Income from Continuing Operations Attributable to Equity Shareholders of $1.7 million – Cash Flow from Operating Activities of $15.6 Million
LONDON, UNITED KINGDOM — (Marketwired) — 11/13/13 — Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE: HBY) is pleased to announce the results of the 2013 soil sampling program at Puma Prospect, Sela Creek (Figure 1). The results display significant gold exploration potential over a strike length of greater than 3 kilometers (Figures 2 and 3).The 2013 soil sampling program at Puma was designed to follow-up and infill a gold in soil anomaly identified from the 2011 soil sampling
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/13/13 — Pistol Bay Mining Inc. (TSX VENTURE: PST) ("the Company") is pleased to report that a 3D IP Inversion Model has been completed on its 100% owned Summit B property, located in northwestern British Columbia. The property is under option to Revolver Resources Inc., operator of the project, who has an option to earn a 60% interest in the property by completing $2,500,000 in exploration expenditures on the property, making $500,00
CALGARY, ALBERTA — (Marketwired) — 11/13/13 — Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE: TRA)(OTCQX: TRARF) is pleased to announce that assay results have been received for the first deep core hole along with five reverse circulation drill holes completed in the northeast project area at the Cahuilla gold-silver project in Imperial County, California. This drill campaign represents the first phase of our current reverse circulation and deep core progra
TORONTO, ONTARIO — (Marketwired) — 11/13/13 — Pitchblack Resources Ltd. (TSX VENTURE: PIT) ("Pitchblack" or the "Company") has mutually agreed with Crocodile Gold Corp. to terminate the option agreement whereby Pitchblack would have acquired a 90% interest in mineral tenements located in the Northern Territory of Australia. The option agreement provided for cash payments on closing and substantial spending over the next 24 months that the Company does not believe would b
ST. JOHN-S, NEWFOUNDLAND — (Marketwired) — 11/13/13 — Canada Fluorspar Inc. (TSX VENTURE: CFI) (OTC: CNDFF)("CFI" or the "Company") is pleased to announce the 11th set of assay results under the Company-s Phase 3 diamond drilling program from three drill holes on its AGS Vein property (formerly Grebes Nest). One drill hole, GS-13-42, located 100 metres northwest of previously reported drill holes GS-13-21 (press release dated August 20, 2013), GS-13-22 (press release dat
Adjusted EBITDA of $26.8 million increased 19.9% over last year
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/13/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) reports additional results from its 2013 satellite deposit drilling program at the 70% owned Mineral Ridge project, located in Nevada. The Brodie deposit lies southwest of the currently producing Drinkwater and Mary pits and is immediately adjacent to the leach pad.The 2013 satellite drilling program is designed to upgrade and potentially
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/13/13 — Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX: RIO)(LMA: RIO)(NYSE: RIOM)(DB Frankfurt: MS2) announces that its net income was $15.9 million or $0.09 per share for the quarter ended September 30, 2013. Cash provided by operations for the quarter amounted to $35.5 million. Adjusted production cost was $569 per ounce for the quarter.Highlights for the quarter included:Management is reducing La Arena-s 20
TORONTO, ONTARIO — (Marketwired) — 11/13/13 — Honey Badger Exploration, Inc. (TSX VENTURE: TUF) ("Honey Badger" or the "Company") is pleased to announce the appointment of Jean-Philippe Desrochers, Ph.D., P.Geo. to the Board of Honey Badger. We are very fortunate to have Dr. Desrochers join our board as he further strengthens our geological team at both the management and board level.Honey Badger UpdateThe Company is currently reviewing potential acquisition targets with
