Turquoise Hill Provides Oyu Tolgoi Update and Releases 2015 Guidance

Turquoise Hill Provides Oyu   Tolgoi Update and Releases 2015 Guidance

VANCOUVER, BC--(Marketwired - December 18, 2014) - Turquoise Hill Resources (NYSE: TRQ) (NASDAQ: TRQ) (TSX: TRQ) today provided an update on the status of production at Oyu Tolgoi following the recent concentrator fire and production and financial guidance for 2015.Operations at the concentrator recommenced after three days on December 6, 2014 with both SAG mills and... Read more

Kilo Goldmines Announces Grant of Stock Options

Kilo Goldmines Announces Grant of Stock Options

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that, subject to regulatory approval, it has granted stock options to acquire an aggregate of 1,460,000 common shares to directors, officers, consultants and contractors of Kilo and its DRC subsidiaries under its... Read more

Sherritt Announces the Award of Two New Production-Sharing Contracts in Its Oil and Gas Business

Sherritt Announces the Award of Two New Production-Sharing Contracts in Its Oil and Gas Business

TORONTO, ON--(Marketwired - December 18, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESSherritt International Corporation (Sherritt) (TSX: S) announced today that it has signed two new Production Sharing Contracts (PSCs) with the Government of Cuba. The new blocks, 8A and 10, are located in Central and North... Read more

Suparna Gold Announces Results of Annual and Special General Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Suparna Gold Corp. (the "Company" or "Suparna") (TSX VENTURE:SUG) is pleased to announce that at its Annual and Special General Meeting held December 18, 2014, Michelle Gahagan, Wayne Tisdale, Garry Clark, Jamie Newall and Jim Welykochy were re-elected to the Board of Directors. Suparna's shareh... Read more

Alacer Gold increases heap leach pad capacity by 14% at its Çöpler Gold Mine

Alacer Gold increases heap leach pad capacity by 14% at its Çöpler Gold Mine

TORONTO, Dec. 18, 2014 /CNW/ - Alacer Gold Corp. ("Alacer" or the "Corporation") is pleased to announce the results of the heap leach pad expansion study which has resulted in a 14% increase in ultimate capacity to 56 million tonnes. The total cost of the expansion is estimated to be $30M which combines the previously planned heap leach phase four expans... Read more

Scorpio Mining Corporation and U.S. Silver & Gold Inc. receive shareholder approval for business combination

Scorpio Mining Corporation and U.S. Silver & Gold Inc. receive shareholder approval for business combination

TORONTO, Dec. 18, 2014 /CNW/ - Scorpio Mining Corporation ("Scorpio Mining") (TSX: SPM) and U.S. Silver & Gold Inc. ("U.S. Silver & Gold") (TSX: USA)(OTCQX: USGIF) are pleased to announce that their respective shareholders have approved the previously announced plan of arrangement to complete a merger of equals that will combine their respective businesses (the "Transact... Read more

Astur Gold Announces Annual General Meeting Results and New Board Appointment

Astur Gold Announces Annual General Meeting Results and New Board Appointment

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the "Company") is pleased to announce the re-election of Dr. Ignacio García Matos, Cary Pinkowski, and Dr. Patrick Moore to the Board of Directors. Mr. Sean Roosen did not stand for re-election as Director and will stay on a... Read more

Golden Star Resources Announces Filing of PEA for Prestea Mine

Golden Star Resources Announces Filing of PEA for Prestea Mine

TORONTO, Dec. 18, 2014 /CNW/ - Golden Star today announces that it has filed a technical report, prepared in accordance with National Instrument 43-101, ("NI 43-101") regarding a Preliminary Economic Assessment ("PEA") on the development of non-mechanized operation at its Prestea mine in Ghana.  This technical report can be accessed under the Company's profile at www.sedar.c... Read more

Darnley Bay Closes Additional Tranche of Private Placement and Announces Debt Settlement

Darnley Bay Closes Additional Tranche of Private Placement and Announces Debt Settlement

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Darnley Bay Resources Limited (TSX VENTURE:DBL) ("DBL") is pleased to announce that it has closed an additional tranche of its previously announced non-brokered private placement (the "Offering") of special warrants and flow-through special warrants. The additional tranche generated aggregate gross proceed... Read more

Amerix Announces Closing of Second Tranche Private Placement and Provides Further Information in Respect of the Proposed Merger With Eagle Graphite Corporation

Amerix Announces Closing of Second Tranche Private Placement and Provides Further Information in Respect of the Proposed Merger With Eagle Graphite Corporation

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Amerix Precious Metals Corporation (TSX VENTURE:APM) ("Amerix" or the "Company") and Eagle Graphite Corporation ("Eagle") are pleased to announce that they have closed the second tranche of pr... Read more

Wolfden announces closing of $2.2 million non-brokered flow-through private placement

Wolfden announces closing of $2.2 million non-brokered flow-through private placement

THUNDER BAY, ON, Dec. 18, 2014 /CNW/ - Wolfden Resources Corporation (WLF:TSX-V) ("Wolfden" or the "Company") is pleased to announce that it has completed a previously announced non-brokered private placement (the "Offering") of 10,219,000 flow-through units (the "Flow-Through Units") at a price of $0.22 per Flow-Through Unit for gross proceeds of $2,248,180.  Each Flow-Through... Read more

Alphamin Announces Completion of $15.95 Million Private Placement / Grant of Stock Options

Alphamin Announces Completion of $15.95 Million Private Placement / Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Alphamin Resources Corp. (TSX VENTURE:AFM) ("Alphamin" or the "Company") is pleased to announce that it has completed its previously announced non-brokered private placement of equity units ("Units... Read more

Avrupa Posts Detailed Assay Results for SLV004

Avrupa Posts Detailed Assay Results for SLV004

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) announces that further to the information released on December 17, 2014 regarding the assay results from the Slivovo JV Project in Kosovo, detailed sample by sample assay results have now been posted at www.avrupaminerals.com under the section on Pr... Read more

Miocene Metals Announces Share Consolidation and Offering of Flow-Through and Common Shares

Miocene Metals Announces Share Consolidation and Offering of Flow-Through and Common Shares

Toronto, Ontario--(Newsfile Corp. - December 18, 2014) - Miocene Metals Limited (TSXV: MII) ("Miocene") is pleased to announce that on December 11, 2014 it completed the consolidation of its shares on a 10:1 basis as approved by its shareholders at the Special Meeting of shareholders held on June 23, 2014 and, upon the consolidation, Miocene's name was cha... Read more

Kapuskasing Gold Samples Up to 7.69 g/t Gold and Makes a New Gold Zone Discovery in the Borden Lake Gold District

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Kapuskasing Gold Corp. (TSX VENTURE:KAP) (the "Company" or "Kapuskasing") is pleased to announce that several significant gold values of up to 7.69 g/t (see table below) gold were returned from a recent prospecting and sampling program conducted on its Rollo and Borden Lake Gold Properties. Seve... Read more

Maudore Announces Appointment of a Receiver for Aurbec Mines Inc.

Maudore Announces Appointment of a Receiver for Aurbec Mines Inc.

VAL-D'OR, QUÉBEC--(Marketwired - Dec. 18, 2014) - Maudore Minerals Ltd. ("Maudore" or the "Corporation") - (TSX VENTURE:MAO)(OTCBB:MAOMF)(FRANKFURT:M6L) - announces that pursuant to an application brought by its principal secured creditor, FBC Holdings S.a.r.l, under section 243 of the Bankruptcy and Insolvency Act (Canada), Samson Belair/Deloitte &a... Read more

Romarco announces closing of C$32 million non-brokered private placement

Romarco announces closing of C$32 million non-brokered private placement

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES                                   TORONTO, Dec. 18, 2014 /CNW/ - ROMARCO MINERALS INC. (TSX: R) ("Romarco" or the "Company") is pleased to announce that it has closed its previously announced non-b... Read more

Dajin Ships Samples for Lithium Assay from Teels Marsh

Vancouver, BC / TheNewswire / December 18, 2014 / Dajin Resources Corp. ("Dajin") (TSX-V: DJI) is pleased to announce that the company's wholly owned subsidiary, Dajin Resources (US) Corp. has delivered to its assay labs in Reno, Nevada, the first batch of brine and solids samples from a shallow auger exploration program on Dajin's 100% owned Teels Mars... Read more

Saint Jean Carbon Closes Acquisition on the Miller East and the Page Graphite Properties

Saint Jean Carbon Closes Acquisition on the Miller East and the Page Graphite Properties

OAKVILLE, ONTARIO--(Marketwired - Dec. 18, 2014) - Saint Jean Carbon Inc. ("Saint Jean", the "Company" or "We") (TSX VENTURE:SJL) is pleased to announce is pleased to announce that it has closed an arm's length transaction to acquire the 100% interest in two properties ("Transaction"), the Miller East and Page Properties. On closing, the Company i... Read more

Karnalyte Resources Inc. receives requisition for meeting of shareholders

Karnalyte Resources Inc. receives requisition for meeting of shareholders

CALGARY, Dec. 18, 2014 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the "Corporation") (TSX: KRN) today announces that it has received a requisition for a meeting of shareholders from Robin L. Phinney, former President, CEO and director of Karnalyte.  The requisition requests that the Board of Directors call a special meeting of Karnalyte's shareholders to consider removing ... Read more

Braveheart Resources Inc. (Formerly Rainbow Resources Inc.) Provides Update on Bulk Sampling Program and Announces Financing

Braveheart Resources Inc. (Formerly Rainbow Resources Inc.) Provides Update on Bulk Sampling Program and Announces Financing

Toronto, Ontario--(Newsfile Corp. - December 18, 2014) - Braveheart Resources Inc. (TSXV: BHT) (“Braveheart” or, the “Company”) is pleased to announce the progress on its Bulk Sampling project on its Referendum gold property in southeastern British Columbia. Mr. David W Johnston, President, reports that two hundred and fifty (250 tons)... Read more

Pan American Fertilizer (TSX.V: PFE, Frankfurt: 6GF) Provides an Update on its Operations and Audit Filings and Announces Transfer to NEX

Vancouver, B.C., Canada / TheNewswire / December 18, 2014 / Pan American Fertilizer Corp. (TSX.V: PFE, Frankfurt: 6GF) (the "Company" or "Pan American") Operational Update Because of delays in production of agricultural gypsum due to heavy rains in Argentina, the Company's customers have deferred or significantly reduced their purchas... Read more

Pan American Fertilizer (TSX.V: PFE, Frankfurt: 6GF) Provides an Update on its Operations and Audit Filings and Announces Transfer to NEX

Vancouver, B.C., Canada / TheNewswire / December 18, 2014 / Pan American Fertilizer Corp. (TSX.V: PFE, Frankfurt: 6GF) (the "Company" or "Pan American") Operational Update Because of delays in production of agricultural gypsum due to heavy rains in Argentina, the Company's customers have deferred or significantly reduced their purchas... Read more

Samco Gold Provides Further Information on the Dino Property in Central Peru

Samco Gold Provides Further Information on the Dino Property in Central Peru

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Samco Gold Limited (TSX VENTURE:SGA) ("Samco Gold" or the "Company") is pleased to provide additional information on the Dino Property in Central Peru further to its announcement on the proposed acquisition of SAMCO Minerals S.A. and Cia Dorita MA S.A.C. ("SMCD"). OVERVIEW Samco Minerals S... Read more

Caledonia Mining Corporation: Share purchase

Caledonia Mining Corporation: Share purchase

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Caledonia Mining Corporation ("Caledonia") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) announces that Mark Learmonth, Chief Financial Officer of the Company, has today purchased 27,500 ordinary shares in Caledonia at 36p per share. Following this transaction, Mr Learmonth's total beneficial holding ... Read more

Orsu Metals Corporation: Assay Results for Kogodai Licence Area

Orsu Metals Corporation: Assay Results for Kogodai Licence Area

LONDON, UNITED KINGDOM--(Marketwired - Dec. 18, 2014) - Orsu Metals Corporation (TSX:OSU)(AIM:OSU) Highlights Orsu reports all assay results for its initial 457 m scout drilling programme at the Kogodai license area in Kazakhstan, demonstrating encouraging results with high grade copper sulphide mineralisation. The individual inte... Read more

Yorbeau Intersects 14.0 g/t Au Over 2.0 Metres at Rouyn Property

Yorbeau Intersects 14.0 g/t Au Over 2.0 Metres at Rouyn Property

MONTRÉAL, QUÉBEC--(Marketwired - Dec. 18, 2014) - Yorbeau Resources Inc. (the "Company" or "Yorbeau") (TSX:YRB.A) is pleased to provide an update on the recent drilling program at the Rouyn project. The drilling program totaled 3,070 metres in seven holes. Drilling was focused on a 2 kilometre long stretch of the Cadillac break and Pich&... Read more

Axe Exploration Acquires a New Property Adjacent to the Fayolle Project

Axe Exploration Acquires a New Property Adjacent to the Fayolle Project

LAVAL, CANADA--(Marketwired - Dec. 18, 2014) - Axe Exploration Inc. (TSX VENTURE:AXQ) (the "Corporation") is pleased to announce that it has acquired, by map designation, a new gold property. This new property 100%-owned by Axe Exploration is called Unique and comprises 12 mining claims covering a surface of approximately 449.54 hectares (4.5 km2). It is ... Read more

Great Lakes Graphite Continues Lochaber Winter Drill Program

Great Lakes Graphite Continues Lochaber Winter Drill Program

Toronto, Ontario--(Newsfile Corp. - December 18, 2014) - Great Lakes Graphite Inc. (TSXV: GLK) ("Great Lakes" or the "Company"), is pleased to provide the following update on the 2014 Lochaber Winter Drill Program. Mr. Kyle Loney, President of Wolf Mountain Drilling, the contractor conducting the Lochaber drill program, reports that three of the six 100 m h... Read more

Great Quest Announces Positive Engineering Study for Pilot facility

Great Quest Announces Positive Engineering Study for Pilot facility

VANCOUVER, BC--(Marketwired - December 18, 2014) - Great Quest Fertilizer Ltd (TSX VENTURE: GQ) (FRANKFURT: GQM) ("the Company") is pleased to announce the result from the Engineering study of the Company's planned pilot scale phosphate manufacturing facility. The proposed plant would be located in Dogofry, the Ségou agricultural region of Mali, 340 km north-east of ... Read more

Temex Announces Resignation of Director

Temex Announces Resignation of Director

TORONTO, Dec. 18, 2014 /CNW/ - Temex Resources Corp. (TSX-V: TME, FWB: TQ1) ("Temex" or "the Company" or "the Corporation") announces today that Mr. Gregory Gibson has resigned as a Director of the Board of Directors of the Corporation so that he may focus his efforts on his duties as CEO and a Director of San Gold Corporation, President, CEO and Director of Kerr Mines and as a... Read more

Alpha Approves Winter Drill Program at Middle Lake Project, Cluff Lake Area, Athabasca Basin, Saskatchewan

Alpha Approves Winter Drill Program at Middle Lake Project, Cluff Lake Area, Athabasca Basin, Saskatchewan

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2014) - ALPHA EXPLORATION INC. (TSXV: AEX) ("Alpha" or the “Company”) has approved a program and budget for the upcoming winter season at its Middle Lake Property (“Middle Lake” or the “Property”) located adjacent to the former Cluff Lake uranium mine in the west... Read more

Trevali Provides Caribou Zinc Mine Re-Start Update

Trevali Provides Caribou Zinc Mine Re-Start Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Trevali Mining Corporation ("Trevali" or the "Company") (TSX:TV)(LMA:TV)(OTCQX:TREVF)(FRANKFURT:4TI) provides a status update on construction and mine re-start activities at its wholly-owned Caribou polymetallic mine and mill complex located in the Bathurst Mining Camp of northeastern New Brunsw... Read more

Bowmore Signs a Letter of Intent to Acquire A 50% Interest in the Amherst Silica Property and 100% of Potential Production of High Grade Silica

Bowmore Signs a Letter of Intent to Acquire A 50% Interest in the Amherst Silica Property and 100% of Potential Production of High Grade Silica

MONTREAL, QUEBEC--(Marketwired - Dec. 18, 2014) - Bowmore Exploration Ltd. (the "Company" or "Bowmore") (TSX VENTURE:BOW)(FRANKFURT:0B5) is pleased to announce that it has signed a Letter of Intent (the "LOI") to acquire 100% of potential high grade silica production and a 50% interest in the Amherst property (the "Property") located in the township of Am... Read more

Rokmaster Identifies Potential Silver-Gold Properties for Acquisition

Rokmaster Identifies Potential Silver-Gold Properties for Acquisition

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Rokmaster Resources Corp. (TSX VENTURE:RKR)(LMA:RKR) ("Rokmaster" or the "Company") is pleased to announce its exploration team has made significant progress in narrowing its search for a silver-gold property having near term production potential. Our recent exploration initiative has culminated... Read more

China Wall First Target Of New Drilling Season

GRANDE PRAIRIE, AB / TheNewswire / December 18th 2014 / ANGKOR GOLD CORP. (TSXV: ANK) ("ANGKOR") is pleased to announce that they will commence diamond drilling shortly at China Wall prospect on Andong Meas tenement in Ratanakiri Province, Cambodia. China Wall has been the subject of an intensive exploration program, including detailed geologica... Read more

Chesapeake Provides Development Plan For Metates Updated Pre-Feasibility Study

Chesapeake Provides Development Plan For Metates Updated Pre-Feasibility Study

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Chesapeake Gold Corp. (TSX VENTURE:CKG) ("Chesapeake" or "Company") wishes to announce that the Company and M3 Engineering &Technology together with several industry leading international consultants are currently working towards the completion of an updated pre-feasibility study ("updated P... Read more

REPEAT - Fairmont Final Permit for Buttercup Project Received: Certificate of Authorization

REPEAT - Fairmont Final Permit for Buttercup Project Received: Certificate of Authorization

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Fairmont Resources Inc. (TSX VENTURE:FMR) ("Fairmont") is pleased to announce that it has received the Certificate of Authorization for the Buttercup Project. The application for the Certificate of Authorization began in March of 2014, less than six weeks after closing the acquisition of the But... Read more

CWN Mining Acquisition Corporation Announces Private Placement

CWN Mining Acquisition Corporation Announces Private Placement

TORONTO, Dec. 18, 2014 /CNW/ - CWN Mining Acquisition Corporation ("CWN") (TSXV: "CWN.P"), a capital pool company, is pleased to announce a proposed non-brokered private placement of up to 8,000,000 common shares (the "Shares") at a price of $0.50 per Share for aggregate proceeds of up to $4,000,000 (the "Private Placement"). All Shares issued pursuant to the Private Placement ... Read more

Batero Provides Corporate Update

Batero Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Batero Gold Corp. ("Batero", or the "Company") (TSX VENTURE:BAT) is pleased to provide an update regarding developments at the 100 % owned Batero-Quinchía deposit in Risaralda, Colombia. Recent work at the project includes initiation of a district scale structural study to help targ... Read more

Tinka provides update on drill programs at Ayawilca-Colquipucro, Peru

Tinka provides update on drill programs at Ayawilca-Colquipucro, Peru

VANCOUVER, Dec. 18, 2014 /CNW/ - Tinka Resources Limited ("Tinka" or the "Company") (TSXV: TK) (OTCPK: TKRFF) is pleased to provide an update of its exploration programs at its 100%-owned Ayawilca and Colquipucro projects in central Peru.  Dr. Graham Carman, Tinka's President and CEO, stated: "The Company has completed nearly 8,000 metres of core drilling at the Ayawilca zin... Read more

Silvercorp Appoints Dr. Rui Feng to CEO Position

Silvercorp Appoints Dr. Rui Feng to CEO Position

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) announced that its founder and Chairman, Dr. Rui Feng, is being re-appointed to the Chief Executive Officer position. The Board of Directors welcomes Dr. Feng's return to the Chief Executive Officer position, a role he he... Read more

Barrick to Suspend Operations at Lumwana Following Passage of New Mining Royalty

Barrick to Suspend Operations at Lumwana Following Passage of New Mining Royalty

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) today announced that the company will initiate procedures to suspend operations at the Lumwana copper mine in Zambia following the passage of legislation that raises the royalty rate on the country's open pit mining operations from six percent to 20 percent. ... Read more

Orbite Receives Two New Patents

Orbite Receives Two New Patents

MONTRÉAL, QUÉBEC--(Marketwired - Dec. 18, 2014) - Orbite Aluminae Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") is pleased to announce that the Canadian Intellectual Property Office has granted and issued two new patents to Orbite. The two patents are Canadian patent 2,829,049, titled Processes for Recovering Rare Earth Element... Read more

International Tower Hill Mines Announces Management Change

International Tower Hill Mines Announces Management Change

VANCOUVER, Dec. 18, 2014 /CNW/ - International Tower Hill Mines Ltd. (TSX: ITH, NYSE MKT: THM, Frankfurt: IW9) ("ITH" or the "Company") announces that Mr. Tom S. Q. Yip will resign as the Chief Financial Officer (CFO) of the Company, effective December 31, 2014, to pursue other interests. The Company will immediately begin to evaluate the most cost effective structure to ful... Read more

Claude Announces Brian Booth as Chair of the Board

Claude Announces Brian Booth as Chair of the Board

Trading Symbols: TSX: CRJ; OTCQB: CLGRF SASKATOON, Dec. 18, 2014 /CNW/ - Claude Resources Inc. ("Claude" and or the "Company") today announced that its Board of Directors (the "Board") has named Brian Booth, current Lead Director, as Chair of the Board effective January 1, 2015. The Company's current Chair, Mike Sylvestre, will step down as Chair effective December 31, 2014... Read more

Balmoral Continues to Expand Grasset Ni-Cu-PGE Discovery

Balmoral Continues to Expand Grasset Ni-Cu-PGE Discovery

VANCOUVER, BC--(Marketwired - December 18, 2014) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) reported the final results of the summer/fall drill program on the Company's wholly owned Grasset Property in Quebec. Drilling has now extended the Horizon 3 Ni-Cu-PGE Zone to a depth of 400 vertical metres, and confirmed 400 metres of st... Read more

Copper One Announces Termination of Troilus Purchase Agreement

Copper One Announces Termination of Troilus Purchase Agreement

TORONTO, Dec. 18, 2014 /CNW/ - Copper One Inc. (CUO-TSX:V) ("Copper One" or the "Company") and First Quantum Minerals Ltd. (as successor to FQM (Akubra) Inc.)("First Quantum") have terminated the purchase agreement whereby Copper One agreed to purchase from First Quantum a 100% interest in the Trolius mine. Scott Moore, President and Chief Executive Officer of Copper On... Read more

Lake Shore Gold Targets Continued Strong Production, Low Unit Costs and Aggressive Exploration in 2015

Lake Shore Gold Targets Continued Strong Production, Low Unit Costs and Aggressive Exploration in 2015

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Lake Shore Gold Corp. (TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced the Company's guidance for 2015. Production is targeted at 170,000 to 180,000 ounces of gold in 2015, similar to the record level of production anticipated for 2014. Cash operating costs(1) in 2015 are expect... Read more

Timmins Gold to Purchase Caballo Blanco Gold Project

Timmins Gold to Purchase Caballo Blanco Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 18, 2014) - Timmins Gold Corp.(TSX:TMM)(NYSE MKT:TGD) ("Timmins Gold" or the "Company") is pleased to announce that it has entered into an Asset Purchase Agreement (the "Agreement") with Goldgroup Mining Inc. (TSX: GGA) ("Goldgroup") to purchase 100% of the Caballo Blanco Gold Project, a gold development pr... Read more

Probe Mines Announces Grant of Options

Probe Mines Announces Grant of Options

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") announces that it has granted options to acquire a total of 900,000 common shares of the Company to employees, consultants, officers and directors at the exercise price of $2.85 per share for a period of five years, subject to vesting require... Read more

Goldgroup Enters into Agreement to Sell the Caballo Blanco Project for Approximate Total Consideration of up to US$30 Million

Goldgroup Enters into Agreement to Sell the Caballo Blanco Project for Approximate Total Consideration of up to US$30 Million

VANCOUVER, Dec. 18, 2014 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) is pleased to announce that it has entered into a definitive agreement (the "Agreement") to sell its 100% interest in the Caballo Blanco Project (the "Project") to Timmins Gold Corp. ("Timmins Gold") for approximate cash and share proceeds totaling up to U... Read more

Rubicon Begins Stockpiling Mill Feed for Projected Production Commencing Mid-2015

Rubicon Begins Stockpiling Mill Feed for Projected Production Commencing Mid-2015

TORONTO, ONTARIO--(Marketwired - Dec. 18, 2014) - Rubicon Minerals Corporation (TSX:RMX)(NYSE MKT:RBY) ("Rubicon" or the "Company") is pleased to announce that the construction of the Phoenix Gold Project ("Project") in Red Lake, Ontario, Canada continues on schedule for projected initial production in mid-2015 and remains well-funded to completion. Under... Read more

Lupaka Gold Corp.: Mine Plan Approved and Permits Received to Start Development Activities at the Invicta Gold Project

Lupaka Gold Corp.: Mine Plan Approved and Permits Received to Start Development Activities at the Invicta Gold Project

VANCOUVER, BC--(Marketwired - December 18, 2014) - Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSX: LPK) (LMA: LPK) (FRANKFURT: LQP) has been granted the permits and licenses necessary to commence mine preparation and development work at the Invicta Gold Project. These licenses and permits were granted as a result of the regulatory acceptance of the Compan... Read more

Vena Announces Positive High-Grade Results from Ongoing Drill Program at Esquilache Polymetallic Property

Vena Announces Positive High-Grade Results from Ongoing Drill Program at Esquilache Polymetallic Property

TORONTO, Dec. 18, 2014 /CNW/ - Vena Resources Inc. ("Vena" or the "Company") (TSX: VEM, Peru: VEM, Germany: V1RA, USA: VNARF) is pleased to announce the initial results of drilling at the 100% owned, silver-rich polymetallic Esquilache project located in Puno Department approximately 850 kilometres southeast of Lima, Peru.  To date, Vena has completed nine drill holes totaling ... Read more

Battle Mountain Gold Inc. Announces Closing of Private Placement

Battle Mountain Gold Inc. Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2014) - Battle Mountain Gold Inc. (the "Company") (TSX VENTURE:BMG)(OTCQB:BMTNF) is pleased to announce it has closed the non-brokered private placement (the "Private Placement") previously announced on December 5, 2014. The Private Placement comprised 2,000,000 units ("Units") at a price of $0... Read more

Ecuador Gold Announces Closing of US$840,000 Debenture Offering

Ecuador Gold Announces Closing of US$840,000 Debenture Offering

Toronto, Ontario--(Newsfile Corp. - December 17, 2014) - Ecuador Gold & Copper Corp. (TSXV: EGX) (the “Company”), is pleased to announce that it has closed a non-brokered private placement debenture offering (the “Debenture Offering“) raising aggregate gross proceeds of US$840,000 through the issuance of senior secured convertible... Read more

Select Sands Announces the Sale of the Assets of Canfrac Sands Ltd.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 17, 2014) - Select Sands Corp. ("Select Sands" or the "Company") (TSX VENTURE:SNS) reports that a special meeting of shareholders of CanFrac Sands Ltd. ("the Corporation") was held on December 16, 2014 at the offices of Davis LLP, Suite 1000, Livingston Place, West Tower 250 - 2nd Street S.W. Calgary, Alber... Read more

Rupert Resources Completes Non-Brokered Private Placement

Rupert Resources Completes Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) - Rupert Resources Ltd. ("Rupert" or "the Company") (TSX VENTURE:RUP) announces that it has closed its previously announced non-brokered private placement financing (the "Financing") (see news release December 9, 2014) of 1,699,999 Units at a price of $0.06 per Unit for proceeds of $102,000. Each Un... Read more

Timberline Resources Commences Drilling at Eureka

Timberline Resources Commences Drilling at Eureka

COEUR D'ALENE, IDAHO--(Marketwired - Dec. 17, 2014) - Timberline Resources Corporation (NYSE MKT:TLR)(TSX VENTURE:TBR) ("Timberline" or the "Company") today announced that exploration drilling has resumed at its Eureka property in Nevada. The program includes approximately 12,000 feet of reverse circulation drilling to target (a) higher-grade mineralizati... Read more

 

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Balmoral Resources Ltd.

Exchange/Ticker: TSX: BAR
Main Asset: Detour Gold Trend
Operating Region: Canada/Quebec

Balmoral Resources is a gold exploration and development company focused on creating shareholder value through the acquisition, aggressive exploration and development of gold projects in major districts of North America... Read more