VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/30/13 — Belvedere Resources Limited (TSX VENTURE: BEL) ("The Company") is pleased to report financial and operating results for the quarter ending March 31, 2013.David Pym (CEO) comments, "Despite good performance at the mine in Q1, low nickel prices have subsequently forced the suspension of mining operations at Hitura. Management is closely monitoring the situation, and should nickel prices improve sufficiently during the lay
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Belvedere Resources Ltd. (TSX VENTURE: BEL) ("Belvedere") announces that in response to continuing low nickel prices, it is suspending mining operations at the Hitura Nickel Mine. Further to the January 28th News Release, when the Company started co-operation consultation with employee representatives, the Company has now initiated a 2 week notice period for the commencement of temporary lay-offs of up to 60 of the 69 person
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/30/13 — Belvedere Resources Limited (TSX VENTURE: BEL)("The Company") is pleased to report financial and operating results for the year ending December 31, 2012.David Pym (CEO) comments "Despite very challenging nickel markets, operations during 2012 have resulted in a net income of 1.3 million euros. The mining and exploration teams in Finland have performed well, with record ore tonnes processed at the Hitura nickel mine and
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/13 — Belvedere Resources Ltd. (TSX VENTURE: BEL)("Belvedere") is pleased to announce results from the reconnaissance drilling campaign on their 10 km2 Antikanpera gold property. This phase of drilling was aimed at investigating the possible strike extents to the Pontio gold discovery, announced in September 2012, along the M2 geophysical trend. Twelve new holes were drilled along a 2.5 km strike for a total of 1167 m. The drilling
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/12/13 — Belvedere Resources Limited (TSX VENTURE: BEL) ("The Company") announces that the issues identified by the BCSC involving the 2012 Progress Report as referred to in our news release dated February 8th, 2013, also apply to copies of the report distributed in print.About Belvedere: Belvedere Resources Limited is a mining Company incorporated in British Columbia with a primary focus on nickel, gold, cobalt and copper in Finland.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/08/13 — Belvedere Resources Limited (TSX VENTURE: BEL) ("The Company") announces as a result of a review by the British Columbia Securities Commission (BCSC), we are issuing the following news release to clarify our disclosure.The issues identified by the BCSC involve the 2012 progress report and the September 2012 Corporate Presentation titled Investor Update and the Company website as detailed below. The Company retracts this prese
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — Belvedere Resources Limited (TSX VENTURE: BEL) ("The Company") announces further cost cutting initiatives at the Hitura nickel mine as a response to continued permitting delays to the open pit cutback, in a difficult operational environment of low nickel prices, a stronger euro, and lower grades and recoveries at the mine.Cost cutting initiatives include: (1) the suspension of the underground development contractors. Developm
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/09/13 — Belvedere Resources Ltd. (TSX VENTURE: BEL) ("Belvedere") is pleased to announce that it has commenced a 2,000 metre diamond drill program on their 10 km(2) Antikanpera gold property to begin follow up on the Pontio gold discovery.The Pontio prospect is a blind discovery made in 2012. It sub-crops under shallow peat cover and shows significant size potential, with a true thickness estimated to be approximately 60 metres. Fiv
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/20/12 — Belvedere Resources Ltd. (TSX VENTURE: BEL) ("Belvedere") is pleased to announce that it has produced its annual Resource statement for the Hitura Mine as presented in the table below.David Pym (CEO) comments "Since the last resource update, the mines total mineral reserves have remained largely static as the development of new reserves keeps pace with mining. Total 2P reserves remain at approximately three years of prod