VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/12/14 — SouthGobi Resources Ltd. (TSX: SGQ)(HKSE: 1878) ("SouthGobi" or the "Company") today announces the retirement of its Chair Ms. Kay Priestly, effective December 1, 2014. Current independent Director Mr. Gordon Lancaster has been appointed Interim Chair and Mr. Jeff Tygesen will join the Board as Director effective December 1, 2014.Ms. Priestly said "It has been a privilege to serve SouthGobi–s shareholders and
– Estimated pre-tax NPV7% of $382M ($263M after-tax) & 22% IRR (19% after-tax) – The PEA contemplates a 5,000 tonne per day underground mine and concentrator with a 14 year mine life; estimated costs and design are in-line with existing mining operations in the region – The Deposit is open to depth, with potential to increase mine life – Pre-production CapEx of $249M & sustaining capital of $150M (including a 20% contingency) – Average annual production of 58.9 Mlbs of payable zinc, 37.6
CALGARY, ALBERTA — (Marketwired) — 11/12/14 — New Millennium Iron Corp. ("NML" or the "Corporation") (TSX: NML) (OTCQX: NWLNF) today announced its financial results for the third quarter ended September 30, 2014.The following review of the Company–s financial performance is based on the unaudited Condensed Interim Consolidated Financial Statements ("Financial Statements") and Management–s Discussion and Analysis ("MD&A"), which have been filed o
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/12/14 — Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) ("Klondex" or the "Company") today announces that it has filed its Management Discussion and Analysis ("MD&A") and its unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2014 which are available on the Company–s web site at and are posted on SEDAR, at . The financial statements were prepared in
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/12/14 — Geologix Explorations Inc. (TSX: GIX)(FRANKFURT: GF6)(BERLIN: GF6)(STUT: GF6)(MUN: GF6) ("Geologix" or "the Company") is pleased to announce the following updates on its affairs.Geologix has received four environmental permit approvals from SEMARNAT (Secretaria de Medio Ambiente y Recursos Naturales) in Mexico in addition to its existing approved primary environmental permit (MIA). The Company–s Tepal project in M
CALGARY, ALBERTA — (Marketwired) — 11/12/14 — New Millennium Iron Corp. ("NML" or the "Corporation") (TSX: NML)(OTCQX: NWLNF) today announced the commencement of rail haulage on Genesee & Wyoming–s newly built KeRail spur line that services the DSO Project owned and operated by Tata Steel Minerals Canada ("TSMC"), in which NML has a 20% interest. Shiploading of crushed and screened products from the DSO Project will resume in the coming weeks.With final pe
TORONTO, ONTARIO — (Marketwired) — 11/12/14 — Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER) is pleased to announce that it has entered into two agreements (collectively, the "Agreements"), pursuant to which the Company has agreed to sell its interest in its Larder Lake Project for aggregate proceeds of approximately CDN$11 Million.Pursuant to the terms of the first Agreement the Company has agreed to sell its Kerr Addison Property, McGarry Mine Property
TORONTO, CANADA — (Marketwired) — 11/12/14 — Century Iron Mines Corporation ("Century" or the "Company") (TSX: FER) is pleased to announce positive assay results for the first two batches of samples from its 2014 drilling program (the "Drilling Program") at the Sunny Lake Properties, which are located about 50 kilometres northwest of Schefferville, Quebec. The Drilling Program ran from late August to the end of October 2014 and concentrated on Direct Shipping O
TORONTO, ONTARIO — (Marketwired) — 11/12/14 — Pinetree Capital Ltd. ("Pinetree") (TSX: PNP) today announces its unaudited interim consolidated financial results for the three and nine months ended September 30, 2014.For the three months ended September 30, 2014, Pinetree had a net loss of $27 million, as compared to a net profit of $13 million for the same quarter last year. Net loss for the three months ended September 30, 2014 was primarily the result of net investment loss of $
TORONTO, ONTARIO — (Marketwired) — 11/12/14 — New Klondike Exploration Ltd. (TSX VENTURE: NK) ("New Klondike" or the "Company") is pleased to announce that it has completed the debt settlements with two creditors previously disclosed in the Company–s press release dated October 23, 2014. The creditors received a total of 792,700 common shares of New Klondike with a deemed value of $0.05 per share in settlement of current liabilities totaling $39,635 for their profession
