MAPLE GROVE, MN — (Marketwired) — 08/16/13 — Affinity Gold Corp. (OTC PINK: AFYG) ("Affinity" or "the Company") is pleased to announce it has entered into a Letter of Intent with Colombia Crest Gold Corp. ("Colombia Crest") (TSX VENTURE: CLB) (OTC PINK: ECRTF) (FRANKFURT: EAT) giving Colombia Crest the right to earn a 30% interest in Affinity-s Peruvian gold-silver project, Machacala, in exchange for an investment of one million five hundred thousand dollars (US
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Argentex Mining Corporation ("Argentex" or the "Company") (TSX VENTURE: ATX)(OTCQB: AGXMF) is pleased to announce that on August 15, 2013, it converted US$550,000 of the outstanding principal amount of the US$2.3 million convertible debenture held by Austral Gold Argentina S.A. In the partial conversion, which was effected on August 15, 2013 at a conversion price of U.S. $0.274163 (CDN$0.2882) per Unit, Argentex is
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Colombia Crest Gold Corp. ("Colombia Crest"; the "Company") (TSX VENTURE: CLB)(PINKSHEETS: ECRTF)(FRANKFURT: EAT) is pleased to announce that it has signed a Letter of Intent with Affinity Gold Corp. (OTC: AFYG) to earn a 30% interest in its Peruvian gold-silver project, Machacala. Machacala is located in a mining-friendly area near Trujillo, Peru and the project has had extensive exploration and mining activity co
MONT-ST-HILAIRE, QUEBEC — (Marketwired) — 08/16/13 — Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE: ABI)(BERLIN: AML)(FRANKFURT: AML) (the "Company"), is pleased to announce that an Agreement was signed yesterday with Aurbec Mines Inc, a wholly-owned subsidiary of Maudore Minerals Ltd, to treat the Elder mineralized material at the Sleeping Giant mill owned by Aurbec. The Elder mine is located in Rouyn-Noranda, Quebec, and the mineralized material will
TORONTO, ONTARIO and STORRS, CONNECTICUT — (Marketwired) — 08/16/13 — POET Technologies Inc. (TSX VENTURE: PTK)(OTCQX: POETF) ("the Company") – developer of the proprietary planar-optoelectronic technology ("POET") platform for monolithic fabrication of integrated electronic and optical devices on a single semiconductor wafer – announced today that its Board of Directors have endorsed the next phases of the Company-s commercialization plan put forward by the Special Stra
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE: SGN) reports on the mineral resource study prepared by Telesto Nevada Inc. ("Telesto") on five satellite deposits at the 70% owned Mineral Ridge Project, located in Nevada.Mineral resource estimates were prepared on four of five deposits using drilling data available up to June 1, 2013. All of the deposits lie to the west and southwe
THUNDER BAY, ONTARIO — (Marketwired) — 08/16/13 — Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an option agreement (the "Agreement") with Platinum Group Metals Ltd. (TSX: PTM) ("PTM") on the Company-s recently acquired Mealy copper-nickel-platinum-palladium project (the "Project") in Labrador. The Agreement allows PTM to earn a 71% interest in the Project by paying the Compa
BRISBANE, AUSTRALIA — (Marketwired) — 08/16/13 — Intrepid Mines Limited ("Intrepid", the "Company") (TSX: IAU)(ASX: IAU) advises that it has become aware of comments in The Australian newspaper this morning (16 August 2013) stating that the Company had sought access to the data room of Finders Resources Limited.As advised in the Company Update issued on 8 August 2013, Intrepid is actively pursuing new investment opportunities. In this regard, the Company has signed and w
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Oroco Resource Corp. ("Oroco") (TSX VENTURE: OCO)(FRANKFURT: OR6) announces that they have agreed to extend the closing of Goldgroup Mining Inc.-s acquisition of the Cerro Prieto project (the "Cerro Prieto project") to August 30, 2013.Goldgroup has made a further deposit of US $40,000 to Oroco, in addition to the US $100,000 deposited on July 15, 2013, which will be applied against the US $4.5 million initial payme
TORONTO, ONTARIO — (Marketwired) — 08/16/13 — Lithium Americas Corp. (TSX: LAC) ("Lithium Americas" or the "Company") announces that, as previously filed on SEDAR on June 28, 2013, each of the 8 nominees in the Management Information Circular dated May 24, 2013 were elected as directors of the Company at the annual and special meeting of shareholders held on June 25, 2013.Based on the ballot conducted at the meeting, the following individuals were elected as directors of
