VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — North Arrow Minerals Inc. (TSX VENTURE: NAR) ("North Arrow" or the "Company") is pleased to announce that kimberlite has been intersected in the first hole of a drilling program currently underway at the Company-s Pikoo diamond project, located approximately 140 km east of La Ronge, Saskatchewan. The 2,000 m drilling program is being funded by North Arrow as part of an option agreement with Stornoway Diamond Corpor
(All dollars are reported in US dollars, unless otherwise specified)
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Guerrero Exploration Inc. ("Guerrero" or the "Company") (TSX VENTURE: GEX)(FRANKFURT: 2GU) has received the title certificates for its 100% owned Cibola and Coatepec concessions, and expects the Olinala concession to be granted in the coming months.Collectively, the three concessions overlap a combined surface area of 137,546 Hectares in the Mixteca Terrane of eastern Guerrero State, Mexico. The Mixteca Terrane hos
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Moly Mines Limited (TSX: MOL)(ASX: MOL) is pleased to provide the following update.Following the approval of the Company-s shareholders obtained at today-s General Meeting, the mine gate sale agreement for iron ore produced at the Company-s Spinifex Ridge Iron Ore Mine with Mineral Resources Limited (ASX: MIN) (MRL) (Transaction), has become unconditional. The Company and MRL have agreed that the Transaction will take effect from 1 July 2013.Und
ANCHORAGE, AK — (Marketwired) — 06/26/13 — (the "Company" or "Miller") (NYSE: MILL) provided an update today on its Sword #1 well. The Company-s wholly owned Alaskan subsidiary, Cook Inlet Energy ("CIE"), has begun drilling operations on its Sword # 1 well located near the Company-s West McArthur River Field (WMR). Management expects to report initial drill results in about two months.The Sword # 1 well is planned as an extended reach well intended to be drille
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — International Northair Mines Ltd. (TSX VENTURE: INM) (the "Company" or "Northair") is pleased to announce that exploration at its La Cigarra silver project (the "Property") located in north central Mexico, has identified a potentially significant mineralized zone known as La Navidad.The La Navidad Zone was discovered as part of a broad geological mapping and sampling program carried out on its 32,000 hect
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") is pleased to announce that field exploration has begun at its 100%-owned Mich nickel-iron alloy property in the Yukon. The Company-s overall 2013 exploration program is budgeted at $1 million and will also include exploration work at the 100%-held Orca and Wale properties in northern British Columbia, as well as continued reconnaissance explora
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or "the Company") ("Formation" or "the Company") announced today that it has advised certain entities that are associated or affiliated with Waterton Global Resource Management, Inc. ("Waterton") that the agreement (the "Letter Agreement") outlined in the Company-s news release of June 6, 2013 regarding the potential sale of its S
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — Allana Potash Corp. (TSX: AAA)(OTCQX: ALLRF) ("Allana" or the "Company") is pleased to announce that it has received an updated mineral resource estimate prepared in accordance with National Instrument 43-101 ("NI 43-101") from ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau ("ERCOSPLAN") on its Danakhil Potash Project in Ethiopia.The measured and indicated mineral resource estimate totals 2,481.3 M
TORONTO, ONTARIO — (Marketwired) — 06/26/13 — HudBay Minerals Inc. ("Hudbay") (TSX: HBM)(NYSE: HBM) today announced that it has received a deposit payment of US$125 million from Silver Wheaton Corp. pursuant to the previously announced US$750 million precious metals stream transaction. Hudbay received the initial US$500 million deposit payment in September 2012 and will receive the final US$125 million deposit payment once it has incurred and paid US$1 billion in capital expenditu
