• Richmont Increases Mineral Reserves by 187% and Island Gold Mine Increases Mineral Reserves by 206%, With a 29% Increase in Reserve Grade

    TORONTO, Feb. 9, 2016 /CNW/ - Richmont Mines Inc. (TSX - NYSE MKT: RIC) ("Richmont" or the "Corporation"), announces updated Mineral Reserves and Resources as of December 31, 2015, including a 206% increase in Mineral Reserves at the cornerstone Island Gold Mine to 561,700 gold ounces (net of depletion) at a Mineral Reserve grade of 8.26 g/t. The Beaufor Mine reported a 95% increase in Mineral Reserves to Read More

  • Excelsior Releases Updated Prefeasibility Study; Post-Tax NPV of $829 Million and Initial Capital Costs Reduced by 84% to $45.9 Million

    VANCOUVER, BC--(Marketwired - February 09, 2016) - Excelsior Mining Corp. (TSX VENTURE: MIN) (FRANKFURT: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce the results of a comprehensive Updated Prefeasibility Study ("Updated PFS") on the North Star Deposit of the Gunnison Copper Project, located in Cochise County, southeastern Arizona. The project is designed as a copper in-situ recovery ("ISR") mine using solvent extraction-electrowinning ("SX-EW"). The Updated Read More

  • Platinum Group Metals Reports Completed Hot Commissioning Test for the Maseve (WBJV Project 1) Platinum Mine

    VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwired - Feb. 9, 2016) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group" or the "Company") reports the Maseve (formerly WBJV Project 1) Platinum Mine has successfully completed its 72 hour run test during Hot Commissioning of its concentrator facility. The mine has produced its first concentrate for delivery to the Anglo Platinum Waterval smelter 40 kms to the south of Read More

  • Denison Announces Intersection of High-Grade Uranium Mineralization Near the Gryphon Deposit

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE MKT:DNN) is pleased to announce the discovery of a new high-grade uranium intersection near the Gryphon deposit on Denison's 60% owned Wheeler River property in Northern Saskatchewan. Drill hole WR-633D1, located approximately 100 metres north of the Gryphon deposit, intersected approximately 11 metres of basement-hosted uranium mineralization including intervals of 5.7% eU3O8 over Read More

  • Sierra Metals Reports 2015 Production and Announces 2016 Production Outlook

    TORONTO, Feb. 9, 2016 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") reports fourth quarter production results including an increase in copper equivalent production and record throughput at its Bolivar Mine, and an increase in silver equivalent production at its Cusi Mine, while the restructuring process at its Yauricocha Mine continued to temporarily depress throughput and grades resulting in lower production Read More

  • NexGen Drills Most Intense Mineralization to Date at Arrow

    VANCOUVER, Feb. 9, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSXV:NXE, OTCQX:NXGEF) is pleased to announce further results from our on-going six rig 30,000 m winter 2016 drill program on our 100% owned Rook I Property, Athabasca Basin, Saskatchewan. Hole AR-16-63c2 has drilled the most significant accumulations of massive pitchblende ever encountered at the Arrow zone. The mineralization, which was intersected 19 m up-dip Read More

  • Horizonte expands land position with four new concession areas at Araguaia nickel project, Brazil

    LONDON, Feb. 9, 2016 /CNW/ - Horizonte Minerals Plc, (AIM: HZM, TSX: HZM) ('Horizonte' or 'the Company') the nickel development company focused in Brazil, is pleased to announce the award of four new concession areas adjacent to its Araguaia nickel project ('Araguaia') which is being developed as the next major nickel project in Brazil. Highlights Two new southern concessions, totalling 15,674 hectares, are located in a prospective Read More

  • Commerce Resources Corp. Confirms Benefits from Flowsheet Simplification

    Vancouver, British Columbia (FSCwire) - Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the “Company” or “Commerce”) is pleased to announce that a reduction in flowsheet processing steps has been confirmed at the pilot scale for the Company’s 100% owned Ashram Rare Earth Deposit. The leach stage pilot plant work completed in 2015 was based upon a “double-leach” process that operated well, resulting in a >99% Read More

  • TerraX Completes Drilling at Mispickel and Begins Drilling at Sam Otto Target, Yellowknife City Gold Project

    YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwired - Feb. 9, 2016) - TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(OTC PINK:TRXXF) has completed its planned drill program on the Mispickel Target on the Walsh Lake property, Yellowknife City Gold project ("YCG"). Drilling totaled 383 meters in 4 holes on two parallel sections approximately 50 meters apart. The two holes on each section were designed to hit mineralization approximately 20-25 and 40-50 meters below surface trenches Read More

  • Coro Announces Equity Closing and Operational Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 9, 2016) - Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce that its 65% owned subsidiary, SCM Berta ("SCMB") has been notified by SERNAGEOMIN, the Chilean Mining Authority that all of the requirements needed to lift the suspension order on its Nora SXEW plant have been met. The formal documentation confirming this is expected shortly. Greenstone Equity Financing The Read More

  • Pasinex Resources Doubles Production to 60 tpd With Latest Lot Sale of 38% Zinc Mineral Product From Pinargozu Mine

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - Pasinex Resources Limited (CSE:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced the completion of another lot sale of 1,556 tonnes wet weight (1,463 tonnes dry weight) of high grade zinc mineral material (at approximately 38% Zn) from the Pinargozu zinc mine in Adana province, Turkey. This lot represents a doubling of tonnage produced and over 1,200,000 lbs of contained zinc metal. The Read More

  • Zgounder Silver Mine Produces Monthly Record of 52,086 ounces Ag in January 2016

    BLAINVILLE, QUÉBEC--(Marketwired - Feb. 9, 2016) - Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) is pleased to report production of 52,086 ounces (1620 Kg) during the month of January 2016 at its Zgounder silver mine in Morocco. This represents the second consecutive monthly production record at Zgounder, an increase of more than 9% from December's previous record output of 47,676 ounces. January 2016 Operational Read More

  • Americas Silver Corporation Begins Trading Under New Symbols on TSX and OTCQX

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) ("Americas Silver" or the "Company") is pleased to announce that it has changed its TSX trading symbol from "SPM" to "USA" effective February 8, 2016. The Company has also changed its trading symbol on the OTCQX, from "SMNPF" to "USAPF" effective February 9, 2016. About Americas Silver Corporation Americas Silver is a silver mining company focused on Read More

  • Lucara Names 1,111 Carat Diamond Lesedi La Rona

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 9, 2016) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce the winning name for the 1,111 carat gem quality diamond recovered in November, 2015. The diamond has been named "Lesedi La Rona" which means Our Light. The winner of the competition is Thembani Moitlhobogi who will receive a prize of 25,000 Pula. On January 18, 2016 Read More

  • SIRIOS: New Auriferous Lithology Intersected by Drill Hole at Cheechoo

    MONTREAL, QUEBEC--(Marketwired - Feb. 9, 2016) - Editors Note: There are four maps associated with this press release. Management of SIRIOS (TSX VENTURE:SOI) announces a new geological gold unit has been intersected in the Cheechoo property, Eeyoun Istchee James Bay. This unit was intersected in hole #40 at a depth of 296 m. It is an altered and mineralized biotite schist with 1 to 3% of pyrrhotite and Read More

  • Great Quest Increases Cost Saving and Issues Shares to Pay Debt at $0.30

    VANCOUVER, BC--(Marketwired - February 09, 2016) - Great Quest Fertilizer Ltd (TSX VENTURE: GQ) (FRANKFURT: GQM) ("the Company") announces that, in order to preserve its cash for furthering its project, it intends to satisfy certain indebtedness to certain members of its Board of Directors and management team through the issuance of common shares. The Company's directors and management have agreed to accept common shares in satisfaction of indebtedness Read More

  • Comstock Appoints Ehsan Dana as President and CEO

    VANCOUVER, BC--(Marketwired - February 09, 2016) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("CSL" or the "Company") is pleased to announce the appointment of Ehsan Dana as President, CEO and Director of the Company effective February 22nd, 2016. Mr. Dana will replace Rasool Mohammad who will assume the role of Chairman of the Board and will continue to help advance the Company's flagship gold project in the Yukon Read More

  • Canada Strategic TSXV: CJC and Lomiko TSXV: LMR Report 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes of 3.75% Inferred Flake Graphite Resource With 1.5% Cut-Off

    MONTREAL, QUEBEC and VANCOUVER, BRITISH-COLUMBIA--(Marketwired - Feb. 9, 2016) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) and Lomiko Metals Inc. (TSX VENTURE:LMR)(OTC:LMRMF)(FRANKFURT:DH8B) are pleased to announce a Resource for the La Loutre Flake Graphite Property of 18.4 M Tonnes of 3.19% Indicated and 16.7 M Tonnes at 3.75% Flake Graphite Inferred with a cut-off of 1.5%. The sensitivity table also features 4.1 Read More

  • Crystal Peak Minerals Inc. Announces the Appointment of Dean Pekeski as Vice President of Project Development

    TORONTO, ONTARIO--(Marketwired - Feb. 9, 2016) - Crystal Peak Minerals Inc. ("Crystal Peak") (TSX VENTURE:CPM)(OTCQX:CPMMF) is pleased to announce that Dean Pekeski has joined the Crystal Peak team, assuming the role of Vice President of Project Development with responsibility for managing ongoing development of Crystal Peak's premium specialty fertilizer project on the Sevier Playa in southwestern Utah, U.S.A. ("Sevier Playa Project"). "Dean brings a wealth of potassium project Read More

  • I-Minerals Ultra Hallopure Halloysite to Be Tested in a New Wound Treatment Material at the Institute of Diabetes Karlsburg, Germany

    VANCOUVER, BC--(Marketwired - February 09, 2016) - I-Minerals Inc. (TSX VENTURE: IMA) (OTCQX: IMAHF) (the "Company") announces its UltraHallopure halloysite has been a key ingredient in the development of a new wound treatment material by Institute of Diabetes "Gerhardt Katsch" Karlsburg ("IDK"). The new wound treatment material utilizes a new impregnation technology developed by DURTEC GmbH of Neubrandenburg, Germany ("DURTEC") wherein halloysite nanotubes ("HNTs") can be "loaded" and Read More

  • Goldstrike/Petro One Business Combination Receives Shareholder Approval

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 9, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR) and Petro One Energy Corp. (TSX VENTURE:POP) are pleased to announce that the acquisition by Goldstrike of all issued and outstanding shares of Petro One has been overwhelmingly approved by the shareholders of Petro One. A special resolution approving the statutory arrangement involving Goldstrike, Petro One and the shareholders of Petro One (the "Arrangement") was Read More

  • Tri Origin Announces $500,000 Non-Brokered Private Placement

    Aurora, Ontario / TheNewswire / February 9, 2016 - Tri Origin Exploration Ltd. (TSX-V: TOE) (the "Company") is pleased to announce that it intends to complete a non-brokered private placement financing of up to 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of up to $500,000 (the "Offering"). Each Unit will consist of one common share in the capital stock of the Company Read More

  • Taseko Expects to Receive Power Cost Deferral for Gibraltar Mine

    VANCOUVER, Feb. 9, 2016 /CNW/ - Taseko (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") announces that its Gibraltar mine expects to benefit from a five-year power rate deferral program announced by the government of British Columbia. "Electricity is one of Gibraltar's most significant expenses, accounting for nearly 10% of the mine's total operating costs," said Russell Hallbauer, President and CEO of Taseko. "This cost deferral Read More

  • Dunnedin Completes Private Placement, Raises $765,000

    February 9, 2016 / TheNewswire / Vancouver, BC, Canada. - Dunnedin Ventures Inc. (the "Company" or "Dunnedin") (TSX-V: DVI) announces that it has closed the final tranche of its private placement, announced on December 21, 2015, bringing gross proceeds of the placement to $764,640. Since November 2015, the Company has raised a total of $922,640, which will be used to fund ongoing diamond recovery and exploration activities at the Read More

  • Orsu Metals Corporation: Change of UK Registered Office

    LONDON, UNITED KINGDOM--(Marketwired - Feb. 9, 2016) - Orsu Metals Corporation ("Orsu" or the "Company"), the dual listed (TSX:OSU)(AIM:OSU) London-based base and precious metals exploration and development company, today announces that, with immediate effect, the Company's UK registered office will be Berkeley Square House, Berkeley Square, London W1J 6BD, United Kingdom. The change arises as a result of the end of the Company's lease for its former offices Read More

  • Mundoro Appoints New Director to the Board

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 9, 2016) - Mundoro Capital Inc. (TSX VENTURE:MUN) ( ("Mundoro" or the "Company") is pleased to announce the appointment of Mr. Graham Brown to the Board of Directors (the "Board") of the Company. Mr. Brown has 35 years' experience in mining and exploration as an independent consultant, senior executive and global leader of a highly successful discovery team. His broad experience base includes Read More

  • Savary Gold Adds Another 25 New Gold Occurrences and Identifies Two More New Gold Trends on The Karankasso JV Project, Burkina Faso

    PROSPECTING SAMPLES RETURN UP TO 53.2 GRAMS PER TONNE GOLD Toronto, Canada / TheNewswire / February 8, 2016 - Savary Gold Corp. (TSX-V: SCA) ("Savary") announces new grab sample assay results from a recently completed field mapping and prospecting program over the Karankasso JV Project in south western Burkina Faso which is currently 65% owned by Savary and 35% owned by Sarama Resources Limited ("Sarama"). A summary of new Read More

  • Osisko Announces $150 Million Bought Deal Financing

    MONTREAL, QUEBEC--(Marketwired - Feb. 8, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATES Osisko Gold Royalties Ltd. (the "Corporation" or "Osisko") (TSX:OR) today announces that it has entered into an agreement with a syndicate of underwriters, co-led by BMO Capital Markets and RBC Capital Markets, pursuant to which the underwriters have agreed to buy on a bought deal basis, Read More

  • Osisko Announces Letter of Intent From Investissement Quebec for $50 Million Financing

    MONTRÉAL, QUÉBEC--(Marketwired - Feb. 8, 2016) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR) is pleased to announce that it has accepted a letter of intent from Ressources Québec, a wholly-owned subsidiary of Investissement Québec, for a $50 million financing. Under the terms of the letter of intent, it is contemplated that Ressources Québec subscribe to a $50 million convertible debenture, which will mature in five Read More

  • Alabama Graphite Corp. Responds to Unsubstantiated Allegations in News Release

    TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - Alabama Graphite Corp. ("AGC" or the "Company") (TSX VENTURE:ALP)(OTCQX:ABGPF)(FRANKFURT:1AG) was disappointed earlier today by a press release that was issued by Northern Graphite Corporation ("NGC"), which made unsubstantiated and speculative allegations against AGC. AGC's management believes the press release was intended to bolster NGC's position within the graphite development industry and distract AGC from its objectives of commercializing its projects and Read More

  • Tahoe Resources and Lake Shore Gold Announce Business Combination

    VANCOUVER, British Columbia, Feb. 8, 2016 /CNW/ -- Tahoe Resources Inc. ("Tahoe") (TSX, BVL: THO, NYSE: TAHO) and Lake Shore Gold Corp. ("Lake Shore Gold") (TSX: LSG) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") whereby Tahoe will acquire all of the issued and outstanding shares of Lake Shore Gold (the "Transaction"). Under the terms of the Arrangement Agreement, all Read More

  • Alacer Gold announces 2015 year-end operating and financial results

    TORONTO, Feb. 8, 2016 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Corporation") [TSX: ASR and ASX: AQG] announced today that it has filed its operating and financial results and related management's discussion and analysis ("MD&A") for the full-year ended December 31, 2015. The corresponding financial statements and MD&A are available on and on All currencies referenced herein are denominated in USD unless otherwise stated. Read More

  • Fission's New R840W Zone to Receive Expanded Drill Program

    KELOWNA, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) - FISSION URANIUM CORP. ("Fission" or "the Company") (TSX:FCU) (OTCQX:FCUUF) (FRANKFURT:2FU) is pleased to announce it will increase the size and budget of the winter drill program to account for additional drilling around the newly discovered R840W zone at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. An additional $740,000 budgeted for 1,200m in four Read More

  • Randgold Bucks Industry Trend to Deliver Record Production for 2015

    JERSEY, CHANNEL ISLANDS--(Marketwired - Feb 8, 2016) - Randgold Resources (LSE: RRS) (NASDAQ: GOLD) RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD RANDGOLD BUCKS INDUSTRY TREND TO DELIVER RECORD PRODUCTION FOR 2015 Cape Town, Monday 8 February 2016 - Randgold Resources chief executive Mark Bristow today described 2015 as one of the best years in the company's history Read More

  • Roxgold provides development update for the Yaramoko Gold Project

    TORONTO, Feb. 8, 2016 /CNW/ - Roxgold Inc. (the "Company" or "Roxgold ") (ROG.V) is pleased to provide a development update for the Yaramoko Gold Project (the "Project"). Development Highlights: Approximately US$64 million of the US$110.8 million capital estimate spent to date and the project remains on budget Project commissioning remains on target for Q2 2016 Overall construction program approximately 75% complete and on schedule Bulk earthworks complete Read More

  • Sarama Resources Increases Inferred Mineral Resources to 2.1 Million Ounces Gold at the South Hounde Project in Burkina Faso

    VANCOUVER, BC--(Marketwired - February 08, 2016) - Sarama Resources Ltd. (TSX VENTURE: SWA) ("Sarama" or the "Company") is pleased to announce an 87% increase1 in the oxide component of inferred mineral resources2 to 0.5 Moz3 of contained gold and a 40% increase4 in total inferred mineral resources to 2.1 Moz5 of contained gold at the South Houndé Project (the "Project") in south-west Burkina Faso. The revised mineral resource Read More

  • Cliffs Natural Resources Inc. to Settle Pending Class Action Lawsuit

    CLEVELAND, Feb. 7, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that the Company has reached agreements in principle to settle both the putative federal securities class action pending in the United States District Court for the Northern District of Ohio, and the combined shareholder derivative actions pending in the Court of Common Pleas of Cuyahoga County, Ohio. The lawsuits were brought against the Read More

  • RNC Provides Update on Salt Lake Mining Acquisition

    TORONTO, Feb. 8, 2016 /CNW/ - Royal Nickel Corporation ("RNC") (TSX: RNX) is pleased to announce that Salt Lake Mining Pty Ltd. ("SLM") has sold its non-core 100%-owned Widgiemooltha and Carr Boyd exploration projects for a cash payment of A$1.6 million plus a future contingent payment of A$0.6 million. On February 1, 2016 RNC announced it reached agreement to acquire 67% interest in SLM. The acquisition is Read More

  • OceanaGold Announces Increased Equity Position in Gold Standard Ventures

    MELBOURNE, Feb. 8, 2016 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) (the "Company") is pleased to announce that pursuant to its equity participation rights with Gold Standard Ventures ("GSV") (TSXV: GSV), it has elected to purchase 12,565,265 common shares of GSV ("Additional Shares") in order to extend its equity ownership in GSV from 15.2% to 19.9% immediately following the purchase of the Additional Shares. The Additional Shares will Read More

  • Lake Shore Gold Announces Large Initial Resource at 144 Gap Deposit

    TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - Resource estimate includes: 301,700 ounces in Indicated category (1,734,000 tonnes at average grade of 5.41 gpt) 319,200 ounces in Inferred category (1,914,000 tonnes at average grade of 5.19 gpt) New drilling confirms existing results and highlights opportunities for resource expansion Significant intersections within defined resource (but not included in resource estimate) include 49.92 gpt/22.7 m, 31.27 gpt/18.5 m, 10.56 gpt/7.8 m, Read More

  • Monument Appoints Senior Geological Adviser Klaus Eckof for DRC

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) "Monument" or the "Company" is pleased to announce the appointment of Mr. Klaus Eckhof as an independent Senior Geological Adviser to the Company to acquire, develop and review potential gold property transactions within the Democratic Republic of Congo ("DRC") to build an inventory of significant gold resources within the country. Mr. Eckhof is a senior Read More

  • Lucara Announces Date for Its First Exceptional Stone Tender in 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce the dates for its first Exceptional Stone Tender ("EST") of 2016. Viewing will take place in Gaborone from April 4 through April 13, 2016 with the tender closing at 1.00 p.m. CAT. The tender will feature ten diamonds with a combined weight of 1,525 carats including Read More

  • Kootenay Silver and Northair Silver Sign Definitive Agreement

    VANCOUVER, Feb. 8, 2016 /CNW/ - Kootenay Silver Inc. (TSX-V: KTN) ("Kootenay") and Northair Silver Corp. (TSX-V: INM) ("Northair") are pleased to announce that the companies have entered into a definitive arrangement agreement (the "Agreement") pursuant to which Kootenay has agreed to acquire all of the issued and outstanding common shares of Northair (the "Transaction"). The Agreement replaces the binding letter agreement previously announced on January 13, Read More

  • Orezone Grants Stock Options

    OTTAWA, ONTARIO--(Marketwired - Feb. 8, 2016) - Orezone Gold Corporation (TSX VENTURE:ORE) announces that in accordance with its Stock Option Plan and its annual compensation review, the Company has granted employees, executives and directors stock options to purchase up to an aggregate of 1,980,000 common shares, exercisable on or before February 8, 2026 at a strike price of $0.30 per share. The Company's Stock Option Plan, must be Read More

  • Khalkos: 12.95 g/t Au Over 0.5 Metre in Drilling on Malartic Project

    MONTREAL, QUEBEC--(Marketwired - Feb. 8, 2016) - KHALKOS EXPLORATION ("Khalkos") (TSX VENTURE:KAS) The management of Khalkos is pleased to announce drill hole MA-15-05 undertaken on the Malartic property, has intersected a high gold grade zone with visible gold of 12.95 g/t Au over 0.5 m at a vertical depth of 250 metres. All other drill holes undertaken on the property have intersected the target shear zone, thus, validating Read More

  • NovaCopper Releases Year End Results and Continues to Focus on Adding Long Term Value

    VANCOUVER, Feb. 8, 2016 /CNW/ - NovaCopper Inc. (TSX, NYSE-MKT: NCQ) ("NovaCopper" or "the Company") announces its financial results for the year and fourth quarter ended November 30, 2015 and provides a review on its activities during 2015. Details of the Company's financial results are contained in the audited consolidated financial statements and Management's Discussion and Analysis which will be available on the Company's website at, Read More

  • Brionor Resources Default Status Update

    TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Brionor Resources Inc. (the "Company") (TSX VENTURE:BNR) today is pleased to report that it has been notified by the Autorite Des Marches Financiers that the Management Cease Trade Order imposed on December 29, 2015 has now been rescinded, as the company is now up to date Read More

  • Randgold Resources : Notification of Major Interest in Shares

    JERSEY, CHANNEL ISLANDS--(Marketwired - Feb 8, 2016) - (LSE: RRS) (NASDAQ: GOLD) RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:ii Randgold Resources Limited 2. Reason for the Read More

  • Marlin Gold Mining Ltd. Enters Into New Mining Contract to Double Mining Rate

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Marlin Gold Mining Ltd. (TSX VENTURE:MLN) ("Marlin") is pleased to announce that it has executed a new mining contract that will nearly double the Company's mining rate at its La Trinidad mine in Sinaloa, Read More

  • Oban and NioGold File Joint Circular Seeking Shareholder Approval of Business Combination

    TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - Oban Mining Corporation (TSX:OBM) ("Oban") and NioGold Mining Corp. (TSX VENTURE:NOX) ("NioGold") are pleased to announce that they have filed a joint management information circular (the "Circular") and related proxy materials in advance of their respective special shareholders' meetings seeking approval of, among other things, the Arrangement (as defined herein). The Circular is now being mailed to the shareholders of Oban Read More

  • Honey Badger Exploration Announces Resignation of Director

    TORONTO, ONTARIO--(Marketwired - Feb. 8, 2016) - Honey Badger Exploration Inc. (TSX VENTURE:TUF) announces that Peter Liabotis has resigned from the Board of Directors effective February 5, 2016. About Honey Badger Exploration Inc. Honey Badger Exploration is a diamond exploration company headquartered in Toronto, Ontario, Canada with properties in Québec and British Columbia. The company's common shares trade on the TSX Venture Exchange under the symbol "TUF". Neither Read More

  • A six-month extension of the custom milling agreement was signed by Abcourt and Richmont Mines Inc

    Mont-St-Hilaire, Quebec, Canada / February 8, 2016 / TheNewswire / Mr. Renaud Hinse, President and Chief Executive Officer of Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) ("Abcourt"") is pleased to announce that an extension of the custom milling of the Elder gold mineralized material at Usine Camflo Inc, a fully-owned subsidiary of Richmont Mines Inc, was signed on the first day of February last. Read More

  • Northern Graphite Advances Purification Technology

    OTTAWA, ONTARIO--(Marketwired - Feb. 8, 2016) - NORTHERN GRAPHITE CORPORATION (TSX VENTURE:NGC) (the "Company" or "Northern") announces that a major international engineering company has completed a fatal flaw analysis and scoping study with respect to the Company's proprietary purification process. It was concluded that Northern's process does not present any major technical challenges, can be carried out using relatively standard processing equipment and will not generate any harmful Read More

  • OceanaGold Exercises Right to Increase Ownership Interest in Gold Standard to 19.9%

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 8, 2016) - Gold Standard Ventures Corp. (TSX VENTURE:GSV) (NYSE MKT:GSV) ("Gold Standard" or the "Company") is pleased to announce that further to its news release of February 1, 2016 a wholly owned subsidiary of OceanaGold Corporation (TSX/ASX/NZX:OGC) ("OceanaGold") has agreed to purchase approximately 12,565,265 common shares (the "Common Shares") of the Company at a price of C$1.00 per Common Share for gross Read More

  • Quaterra Releases Results of Third Drill Hole at Bear Copper Deposit, Yerington, Nevada

    VANCOUVER, BC--(Marketwired - February 08, 2016) - Quaterra Resources Inc. ("Quaterra" or the "Company") (TSX VENTURE: QTA) (OTCQX: QTRRF) and its subsidiary Singatse Peak Services LLC ("SPS") today announced results from Hole B-050, the third core hole of a drill program to explore and further define the Bear deposit, a large porphyry copper system on the Company's 52-square mile property in the historic Yerington Copper District of Nevada. Read More

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Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California
Profile: Golden Queen Mining is developing a gold-silver, open pit, heap leach operation on its fully-permitted 50%-owned Soledad Mountain property, located just outside the town of Mojave in Kern County in southern California. The Project will use the cyanide heap leach and Merrill-Crowe processes. Constructions is fully funded and well underway, with mine commissioning scheduled for early 2016... VIEW FULL PROFILE