• UEX Corporation: High Grade Uranium Zone Extended at Christie Lake

    VANCOUVER, BC--(Marketwired - June 24, 2016) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce the radiometric results of drill hole CB-092-1 at the Christie Lake Project (the "Project"), where UEX has a $2.75 million drill program which recommenced in mid-June. The Project is owned 10% by UEX and 90% by JCU (Canada) Exploration Company Limited ("JCU"). UEX holds an option to earn up Read More

  • Primero Closes C$51.75 Million Bought Deal Offering

    TORONTO, ON--(Marketwired - June 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATES Primero Mining Corp. ("Primero" or the "Company") (TSX: P)(NYSE: PPP) is pleased to announce that it has closed its previously announced bought deal financing with a syndicate of underwriters led by BMO Capital Markets and including Scotiabank, TD Securities Inc., RBC Capital Markets and Paradigm Capital Read More

  • Independence Gold Closes Private Placement; Goldcorp Acquires 19.9%

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - NEWS RELEASE NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Independence Gold Corp. (TSX VENTURE:IGO) ("Independence" or "the Company") is pleased to announce that, further to the news release dated June 20, 2016, it has closed its private placement for total gross proceeds of C$1,959,278 from the sale of 10,884,880 flow through shares Read More

  • RNC Announces Closing of Over-Allotment Option in Connection With Bought Deal Financing

    TORONTO, June 24, 2016 /CNW/ - Royal Nickel Corporation ("RNC" or the "Company") (TSX: RNX) announced today that the over-allotment option granted by RNC in connection with the bought deal financing of 17,060,000 common shares (the "Common Shares") issued on May 26, 2016 at a price of $0.51 per Common Share (the "Issue Price") has been partially exercised, and an additional 1,000,000 Common Shares were issued on Read More

  • Alexandria to Re-Start Drill Program on Its 100% Owned Triangle Too Targets, Val d'Or Quebec

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) ("AZX" or the "Company") is pleased to announce that it will re-commence drilling its Triangle Too targets, located directly south of Integra Gold's Triangle Zone, on its 100% owned Airport property in Val d'Or, Quebec. The Company has identified 8 targets spread over the Airport property, based on Alexandria drilling, geophysics and historical drill hole data. Read More

  • Talon Metals Announces Results of AGM

    ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - June 24, 2016) - Talon Metals Corp. ("Talon" or the "Company") (TSX: TLO) is pleased to announce the results of its annual and special meeting of shareholders ("AGM") held today in St. Michael, Barbados. All of the nominee directors listed in Talon's management information circular dated May 26, 2016 were elected as directors. The results of the shares voted in respect of Read More

  • Red Pine Expands Sampling of Gold Zones in the Hornblende Shear Zone and Closes Non Brokered Private Placement

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") has received updated drill results for holes HS-15-29 and HS-15-30 based on the analysis of an additional 13 samples as part of the Company's expanded sampling program of gold zones in the hornblende shear zone. The original drill results were press released on December 18, 2015. The updated composites gold Read More

  • Alacer Gold Continues to De-Risk Sulfide Project With Execution of Hedging Program

    TORONTO, June 24, 2016 (GLOBE NEWSWIRE) -- Alacer Gold Corp. (“Alacer” or the “Corporation”) (TSX:ASR) and (ASX:AQG) as previously announced the Corporation has been pursuing a hedging program for a portion of its oxide gold production as part of it’s de-risking efforts. The Corporation has sold 160,000 ounces of forward gold contracts at $1,273 per ounce for the period from July 2016 to September 2018. Hedging a Read More

  • Chalice Gold Mines: Appointment of Morgan Ball as a Non-executive Director

    PERTH, Western Australia, June 23, 2016 /CNW/ - Chalice Gold Mines Limited (ASX: CHN) (TSX: CXN) ("Chalice" or "the Company") is pleased to advise the appointment of experienced and highly-regarded Australian mining executive Mr Morgan Ball as a non-executive director of the Company. Mr Ball – who is a Chartered Accountant with more than 25 years of Australian and international experience in the resources, logistics and finance industries Read More

  • Sherritt Announces Acceleration of Ambatovy JV Shutdown

    TORONTO, ON--(Marketwired - June 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Sherritt International Corporation ("Sherritt") (TSX: S) today announced the commencement of a 14 day shutdown at the Ambatovy Joint Venture, bringing forward activity originally intended to be performed in August. A blockage in the tailings pipe was the main driver in the decision to accelerate the Read More

  • Thompson Creek Metals Company Announces Election of Directors and Approval of Other Proposals

    DENVER, June 24, 2016 /CNW/ - Thompson Creek Metals Company Inc. (TSX: TCM) (OTCQX: TCPTF) (the "Company" or "Thompson Creek"), a North American mining company, announced that, at the Company's 2016 Annual and Special Meeting of Shareholders held earlier today (the "Annual Meeting"), each of the director nominees named in the proxy statement for the Annual Meeting was elected to serve until the next annual meeting of Read More

  • East Africa Announces Voting Results From Annual Meeting

    VANCOUVER, BC--(Marketwired - June 24, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. A total of 46.2 million common shares, representing approximately 44.96% of the Company's issued and outstanding common shares, were voted in connection with the meeting. East Africa shareholders voted overwhelmingly in favour of all items Read More

  • Jaguar Announces Changes to the Board of Directors and Management

    TORONTO, June 24, 2016 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX-V: JAG) is pleased to announce the appointments of John Ellis and Robert Getz to its Board of Directors as independent, non-executive directors, while Jared Hardner has stepped down as Director on the Board, effective today. Additionally, the Company is pleased to announce the appointment of Hashim Ahmed as Chief Financial Officer, who was Read More

  • Premier Gold Announces the Results of its 2016 Meeting of Shareholders

    THUNDER BAY, ON, June 24, 2016 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce the results of its 2016 annual and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on June 23, 2016. At the Meeting, all director nominees listed in the Company's management information circular dated May 17, 2016 were elected as directors of the Company on a vote held by Read More

  • Rugby Mining Announces CAD$2 Million Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE:RUG) announces that its board of directors have approved a proposed private placement offering of up to 6,666,667 units (the "Units") at a price of $0.30 per Unit for gross proceeds of up Read More

  • TriMetals Mining Inc. Confirms Start of Trenching on the Thor Vein Targets Within the Gold Springs Project

    VANCOUVER, BC--(Marketwired - June 24, 2016) - TriMetals Mining Inc. (TSX: TMI) (TSX: TMI.B) (OTCQX: TMIAF) (OTCQX: TMIBF) (the "Company"), is pleased to announce that trenching at the Thor vein system started on June 20 as planned, following the required bird survey. First results should be available by late July. As noted in the previous press release, the trenches are designed to expose the vein systems in the Read More

  • Peruvian Initiates Work at Igor Mine, Announces Private Placement

    Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company" or “Peruvian”) is pleased to announce that Proyectos La Patagonia S.A.C. (PLP), the mining contractor responsible for developing the Igor underground mine and conducting the test mining and bulk sampling program on the Callanquitas structure, has begun the process of mobilizing workers, material and equipment to the Igor project site. PLP will take over responsibility for Read More

  • Everton Announces the Closing of the 1st Tranche Of Its Non-Brokered Private Placement of $464,000

    OTTAWA, ONTARIO--(Marketwired - June 24, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Everton Resources Inc. ("Everton" or the "Corporation") (TSX VENTURE:EVR) announces the closing of the 1st tranche of its non-brokered private placement by issuing 8,070,000 units of the Corporation for gross proceeds of $403,500. Each Unit consisted Read More

  • Ascot Announces Closing of First Tranche of Offering

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION VIA US NEWSWIRE SERVICES Ascot Resources Ltd. (TSX VENTURE:AOT) (the "Company") is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for 2,347,400 units (the "Units") at a price of $1.25 per Unit for gross proceeds of $2,934,250.00 (the "Offering"). Each Unit Read More

  • Sarama Resources Closes First Tranche of Financing

    VANCOUVER, BC--(Marketwired - June 24, 2016) - Not for Distribution to a United States Newswire or for Dissemination in the United States Sarama Resources Ltd. (the "Company" or "Sarama") is pleased to announce that on June 24, 2016 it closed the first tranche (the "First Tranche") of its non-brokered private placement (the "Private Placement") for up to C$2.25 million, which was announced June 8, 2016. The second tranche Read More

  • Great Lakes Graphite Completes Private Placement

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) wishes to announce that it has closed on its non-brokered private placement, initially announced on April 4, 2016 (the "Offering") and amended as announced, first on June 1, 2016 and again on June 21, 2016. The second and final tranche of the Financing was completed by issuing 3,130,000 units (the Read More

  • Austin Resources Announces No Material Change

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Austin Resources Ltd. ("Austin" or the "Company") (TSX VENTURE:AUT) is issuing this press release in response to a request by the Investment Industry Regulatory Organization of Canada ("IIROC") to comment on recent trading activity in its stock. The Company announces that it is not aware of any material, undisclosed corporate developments and has no material change to report at this time. Read More

  • Bellhaven Announces Closing of Oversubscribed Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - Bellhaven Copper & Gold Inc. (TSX VENTURE:BHV) ("Bellhaven" or the "Company") wishes to announce that its original non-brokered private placement offering of $500,000 announced on May 18, 2016 (the "Offering"), which was subsequently increased to $620,000 as a result of higher-than-anticipated investor demand (see news releases of May 25 and June 6, 2016), is now closed. As a result, the Read More

  • Quaterra Announces AGM Results

    VANCOUVER, BC--(Marketwired - June 24, 2016) - Quaterra Resources Inc. ("Quaterra" or "the Company") (TSX VENTURE: QTA) (OTCQX: QTRRF) today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on June 23, 2016. Smythe Ratcliffe, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company's 2016 10% rolling stock Read More

  • Otis Clarifies Technical Disclosures

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - Otis Gold Corp. ("Otis" or the "Company") (TSX VENTURE:OOO)(OTC PINK:OGLDF) announces that as a result of a review by the British Columbia Securities Commission, we are issuing this release to clarify certain technical disclosures. The Company has engaged Mr. Paul D. Gray, PGeo (APEGBC #29833) as its independent Qualified Person ("QP") within the meaning of National Instrument 43-101 ("NI 43-101"), Read More

  • Uragold Annual Shareholder meeting results

    June 24, 2016 / TheNewswire / Montreal, Quebec, Canada - Uragold (TSX Venture: UBR) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, were approved at the Annual General and Special Meeting of the shareholders held on Wednesday June 22, 2016 in Montreal (the "AGM"). Over 52,599,348 shares representing 42.31% of the 124,318,662 Read More

  • Encanto announces issuance of shares in settlement of liabilities

    VANCOUVER, June 24, 2016 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO) is pleased to announce that it has settled liabilities in the aggregate amount of $294,654 which arose from the failure to incur qualifying expenses in connection with a previous issuance of flow-through shares by the issuance of an aggregate of 2,806,230 common shares at a price of $0.105 per share. The shares Read More

  • Giyani Gold Announces Private Placement and Options Grant

    OAKVILLE, ONTARIO--(Marketwired - June 24, 2016) - Giyani Gold Corp. (TSX VENTURE:WDG) ("Giyani" or the "Company") announces that it is arranging a non-brokered private placement of up to 3,000,000 common shares of Giyani at a price of $0.10 per share for total gross proceeds of up to $300,000 (the "Private Placement"). Management, directors, and insiders of Giyani intend on participating in the Private Placement, the net proceeds of Read More

  • Hard Creek Nickel Corporation Reports Voting Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - Hard Creek Nickel Corporation (TSX VENTURE:HNC) - Pursuant to Section 11.3 of National Instrument 51-102, the following matters were put to vote at the Annual General Special Meeting of Hard Creek Nickel Corporation (the "Issuer") held on June 22, 2016: 1. Number of Directors By vote of proxy (For: 13,836,310 Shares, Against: 5,171 Shares), the number of directors was set at Read More

  • Honey Badger Announces Results of Annual Meeting

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Honey Badger Exploration Inc. (TSX VENTURE:TUF) (the "Company" or "Honey Badger") announces the results of the Annual and Special Meeting of Shareholders (the "Meeting") held in Toronto, Ontario, Canada on June 24, 2016. All resolutions were passed with the required majorities. The shareholders elected the following persons (with the corresponding voting percentages of the votes cast as provided below) to serve Read More

  • Confederation Announces Share Consolidation

    Vancouver, British Columbia, Canada / TheNewswire / June 24, 2016 - Confederation Minerals Ltd. (TSX-V: CFM) ("Confederation" or the "Company") announces that its Board of Directors have resolved to proceed with a consolidation of the Company's issued and outstanding common shares on the basis of ten (10) pre consolidation common shares for one (1) post-consolidated common share (the "Consolidation"). The Consolidation will provide the Company with a better capital Read More

  • Goldstrike Resources Ltd. Announces Accelerated Expiry of Warrants

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - Goldstrike Resources Ltd. (the "Company" or "Goldstrike") (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) reports that the period during which certain outstanding share purchase warrants of the Company may be exercised has been shortened from October 7, 2016 to July 26, 2016 as a result of the recent increase in the trading price of the Company's shares, in accordance with the policies of the Read More

  • Ivanhoe Mines files NI 43-101 Technical Report for the Updated Mineral Resource Estimate at the Platreef Platinum-Group Metals, Gold, Nickel and Copper Project in South Africa

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - Ivanhoe Mines (TSX:IVN) today announced that, further to its news release dated May 11, 2016, the company has filed a National Instrument 43-101 technical report on the updated Mineral Resource estimate for the Platreef platinum-group metals, gold, nickel and copper project in Limpopo Province, South Africa. The Platreef 2016 Resource Technical Report was prepared for Ivanhoe Mines by OreWin Pty Read More

  • Imperial Metals: Mount Polley Mine Receives Authorization for Return to Normal Operations

    VANCOUVER, BC--(Marketwired - June 23, 2016) - Imperial Metals Corporation ("Imperial" or "Company") (TSX: III) reports that the Ministry of Energy and Mines and the Ministry of Environment have issued the necessary authorizations to allow Mount Polley Mine ("Mount Polley") to return to normal operations making use of its repaired and buttressed Tailings Storage Facility ("TSF"). Over the past two years the management and staff at Mount Polley Read More

  • Lundin Gold Announces Election of Directors

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2016) - Lundin Gold Inc. ("Lundin Gold" or the "Company") (TSX:LUG)(OMX:LUG) announced that the nominees listed in the management proxy circular for the 2016 Annual Meeting of Shareholders ("Annual Meeting") were elected as directors of the Company. Detailed results of the vote for the election of directors held at the Annual Meeting earlier today in Vancouver are set out below. Nominee Votes Read More

  • Premier extends high grade mineralization at McCoy-Cove

    THUNDER BAY, ON, June 23, 2016 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) ("Premier", "the Company") is pleased to announce that step-out drilling within the 400m Gap (CSD Gap) between the Helen Zone and historic Cove South Deep (CSD) underground deposit continues to confirm the extension of high-grade mineralization across substantial widths at the Company's 100%-owned McCoy-Cove Gold Project, located along the Battle Mountain-Eureka Trend in Nevada. Read More

  • Pasinex Diamond Drilling Extends the High Grade Zinc Mineralization Zone at the Pinargozu Zinc Mine in Turkey

    TORONTO, ONTARIO--(Marketwired - June 23, 2016) - Pasinex Resources Limited (CSE:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") cuts 36 metres grading 25% zinc as drilling extends the mineralized zone to the north at its 50% - owned Pinargozu zinc mine. The Pinargozu zinc mine is in the Adana region of south-central Turkey. A project location map Figure 1 is available by following the link provided here: Table 1: Summary Highlights Read More

  • NioCorp Successfully Completes Whole Ore Pre-Leach Pilot Plant for the Elk Creek Superalloy Materials Project Feasibility Study

    CENTENNIAL, Colo., June 23, 2016 (GLOBE NEWSWIRE) -- NioCorp Developments Ltd. (“NioCorp” or the "Company”) (TSX:NB) (OTCQX:NIOBF) (FSE:BR3) announces the successful completion of a Whole Ore Pre-Leach Pilot Plant (WPL) as part of its Elk Creek Superalloy Materials Feasibility Study. The WPL validated results from earlier bench-scale testing and paves the way for the remaining Feasibility Study pilot plants to commence at the SGS Lakefield metallurgical testing Read More

  • Nevsun Resources Closes Reservoir Acquisition Creating A Diversified Mid-Tier Base Metal Company

    VANCOUVER, June 23, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT: NSU) ("Nevsun" or the "Company") today announced that it has closed the acquisition of Reservoir Minerals Inc. ("Reservoir"), creating a leading diversified mid-tier base metals company. The acquisition provides Nevsun with the following: High quality asset: The Timok Project Upper Zone is a high grade copper-gold development project in a historic mining jurisdiction with excellent Read More

  • Altius Minerals Corporation (TSX:ALS) Reports Annual Attributable Revenue of $33,085,000 and Adjusted EBITDA of $25,499,000; Declares Quarterly Dividend

    ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - June 23, 2016) - Altius Minerals Corporation ("Altius" or the "Corporation") (TSX:ALS) reports annual attributable revenue(1) of $33,085,000 or $0.83 per share and adjusted EBITDA(2) of $25,499,000 or $0.64 per share compared to attributable revenue of $28,808,000 or $0.90 per share and adjusted EBITDA of $22,881,000 or $0.71 per share for last year. The increases are largely attributable to growth in base Read More

  • Aura Minerals Announces the Completion of the Acquisition of Ernesto/Pau-a-Pique Project in Brazil and NI 43-101 Mineral Resource Estimates

    TORONTO, ON--(Marketwired - June 23, 2016) - Aura Minerals Inc. (TSX: ORA) ("Aura", the "Company") is pleased to announce that it has completed the previously announced acquisition and assumed operational control of the Ernesto/Pau-a-Pique Project (the "Project") located in the southwest of Mato Grosso state, near Pontes e Lacerda in Brazil. Highlights The Project consists of three deposits, two of which are underground and the third of which Read More

  • Potash Ridge Enters into Memorandum of Understanding with SNC-Lavalin for the Development of the Blawn Mountain Project

    TORONTO, ONTARIO--(Marketwired - June 23, 2016) - Potash Ridge Corporation (the "Corporation") (TSX:PRK), a near term producer of premium fertilizer in North America, is pleased to announce that that the Corporation has entered into a Memorandum of Understanding ("MOU") with SNC-Lavalin Inc. ("SNC") (TSX:SNC) which establishes a long-term relationship between the Corporation and SNC for the development of the Blawn Mountain Project in Utah. Under the terms of Read More

  • New Liberty Gold Mine: Update on the Recommencement of Processing Operations

    TORONTO, June 23, 2016 /CNW/ - Aureus Mining Inc. ("Aureus" or the "Company"), the TSX and AIM listed West African gold producer, is pleased to announce the approval by the Ministry of Lands, Mines and Energy ("MLME") for the plant start up process at the New Liberty Gold Mine in Liberia. Highlights: Approval granted by the MLME for the commencement of the plant start up process; A Read More

  • China Gold International Reports Results of its Annual General and Special Meeting of Shareholders

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2016) - China Gold International Resources Corp. Ltd. (TSX:CGG)(HKSE:2099) (the "Company" or "China Gold International Resources") is pleased to announce the results of its annual general and special meeting of shareholders (the "AGM") held on June 22, 2016. Each of the Company's nominees for election as directors were elected, and all resolutions submitted to shareholders at the meeting were approved. A total Read More

  • Entree Gold Announces Results of Annual General Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2016) - Entrée Gold Inc. (TSX:ETG)(NYSE MKT:EGI)(FRANKFURT:EKA) ("Entrée" or the "Company") provides the results of the Company's Annual General Meeting ("AGM") held on June 23, 2016. All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, both dated May 19, 2016, were approved by the requisite majority of votes cast Read More

  • Rathdowney Announces Private Placement of up to $6 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2016) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Rathdowney Resources Ltd. ("Rathdowney" or the "Company") (TSX VENTURE:RTH) announces that it plans to complete a brokered private placement of up to approximately 31,579,000 units ("Units") of the Company at a price of $0.19 per Unit (the "Issue Price") for Read More

  • SilverCrest Reports Results of AGM

    VANCOUVER, June 23, 2016 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce the results of its Annual General Meeting of Shareholders ("AGM") held yesterday in Vancouver, B.C. Holders of a total of 22,259,027 shares (55.28% of the outstanding shares as of the record date) were represented in person or by proxy at the meeting. Shareholders voted in favour of all items of Read More

  • Gold Reserve Updates on Status of Agreements with Venezuela

    SPOKANE, Wash.--(BUSINESS WIRE)--Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the “Company” or “Gold Reserve”) announces a further extension of the previously announced Memorandum of Understanding (“MOU”) with the Bolivarian Republic of Venezuela to July 15, 2016. The execution of the previously announced settlement and mixed company (joint venture) agreements have been delayed due to recent positive events in Venezuela, such as the formation of the new “Ministry of Read More

  • ALX Uranium Announces Second Tranche Close of Private Placements and Acquisition/Disposition of Certain Mineral Claims

    Vancouver, B.C. (FSCwire) - ALX Uranium Corp. (“ALX” or the “Company) (TSXv: AL; FSE: 6LLN; OTCQX: ALXEF) is pleased to announce that the Company received shareholder approval at the Annual General and Special Meeting held on June 8th, 2016, to close the second tranche of a $750,000 private placement with Holystone Energy Company Limited (Holystone) announced on March 8th, 2016. The Company has issued an additional 7,200,000 Read More

  • TomaGold Acquires A 39.5% Interest in the Red Lake Sidace Lake Gold Project

    MONTREAL, QUEBEC--(Marketwired - June 23, 2016) - Highlights TomaGold (39.5%) partners with Goldcorp (60.5%) on the Red Lake Sidace Lake Project The Sidace Lake gold property has an NI 43-101 Indicated Resource of 1.37 million tonnes at 3.21 g/t Au and an Inferred Resource of 2.10 million tonnes at 3.24 g/t Au Potential to increase the resources both laterally and at depth Over 90,000 m of drilling done Read More

  • Novo Plans Aggressive Drilling Along The Blue Spec Shear Zone

    VANCOUVER, BC / TheNewswire / June 23, 2016 - Novo Resources Corp. ("Novo" or the "Company") (TSX-V: NVO; OTCQX: NSRPF) is pleased to announce plans for drilling of multiple high-grade gold targets along the Blue Spec shear zone, Western Australia. In the Company's news release dated May 10, 2016, Novo provided an overview of exploration potential on its newly consolidated land holdings in the Mosquito Creek basin ("MCB"). The Read More

  • Metals Creek Resources Corp. Continues to Intersect Gold Mineralization West of Thomas Ogden Zone

    TORONTO, ONTARIO--(Marketwired - June 23, 2016) - Metals Creek Resources Corp. (TSX VENTURE:MEK) (the "Company") is pleased to announce that drilling continues to intersect gold mineralization west of the Thomas Ogden Zone (TOG) on the Ogden Gold Project, Timmins, Ontario. The Property is held under a joint venture in which Metals Creek owns 50%, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Read More

  • Great Panther Silver reports fatality at Guanajuato

    VANCOUVER, June 22, 2016 /CNW/ - GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL; "Great Panther") regrets to report the fatality of a contract miner that occurred on Wednesday, June 22 due to an isolated rock fall at the Guanajuatito Mine, part of the Guanajuato Mine Complex ("GMC") in Mexico. "We feel great sadness over the loss of one of our colleagues, and we offer our Read More

  • Centerra Reports Kumtor Mine Receives 2016 Emissions and Discharge Permits

    TORONTO, ON--(Marketwired - June 23, 2016) - Centerra Gold Inc. (TSX: CG) reports that its Kumtor operation, located in the Kyrgyz Republic, has received its 2016 maximum allowable emissions ("MAE") permit from the Kyrgyz Republic State Agency for Environmental Protection and Forestry ("SAEPF"). The MAE permit is valid until December 31, 2016 and is the first new MAE permit issued by SAEPF to Kumtor since 2014. Prior to Read More

  • Western Copper and Gold Provides Casino Update and Announces AGM Results

    VANCOUVER, BC--(Marketwired - June 23, 2016) - Western Copper and Gold Corporation ("Western" or the "Company") (TSX: WRN) (NYSE MKT: WRN) is pleased to provide an update on its Casino Project and to announce the voting results from the Company's Annual General Meeting ("AGM") held in Vancouver, British Columbia, on June 22, 2016. ANNUAL GENERAL MEETING A total of 30,783,846 common shares were represented at the AGM, representing Read More

  • Midland and SOQUEM Identify New Targets on Casault and Resume Drilling

    MONTREAL, QUEBEC--(Marketwired - June 23, 2016) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to resume diamond drilling on its Casault gold project in partnership with SOQUEM Inc. ("SOQUEM") for a minimum of 2,700 metres over eight (8) holes. The Casault property covers the Sunday Lake Fault over more than 20 kilometres strike length and is located about 40 kilometres east of the Detour Lake mine. The Read More

  • Noram Commences Leach Testing Of Surface And Subsurface Sample Splits From its Clayton Valley Lithium Project

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-Venture: NRM and Frankfurt: N7R) (“Noram” or the “Company”) is pleased to report a number of sample splits from the Phase I and II Clayton Valley Sampling Programs will be re-assayed at ALS Chemex, in Reno and analyzed for mineral composition by X Ray Diffraction (XRD) and for solubility by dilute acid bench scale tests. The sample splits will Read More

  • Coronet Provides Update on White Caps Work Program

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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 23, 2015) - Copper North Mining Corp. ("Copper North" or the "Company") (TSX VENTURE:COL) is pleased to announce results from infill drilling at the Carmacks Cu-Au-Ag project, Yukon, Canada. Drill holes CN15-09 to CN15-22 were completed in Zone 13 located approximately 500 metres southeast of drilling in Zone 2000S (see September 8, 2015 news release).

The 13 drill holes, drilled over a length of 280 metres of Zone 13, have confirmed a thick near-surface zone of oxide copper, a transition zone with native copper and sulphide copper mineralization that remains open along strike and to depth. Copper North is pleased with the drill results and a resumption of definition drilling is under consideration.

Zone 13 Drilling Highlights

  • CN15-13: 31.3 metres of 0.80% Total Cu, 0.18 g/t Au, 2.57 g/t Ag
  • CN15-19: 102.1 metres of 0.37% Total Cu, 0.09 g/t Au, and 1.21 g/t Ag
  • CN15-20: 82.6 metres of 0.52% Total Cu, 0.14 g/t Au, and 1.85 g/t Ag
  • CN15 -21 119.6 metres of 0.35 % Total Cu, 0.08 g/t Au, and 0.98 g/t Ag

Carmacks Drilling

The Zone 13 area of drilling is located approximately 700 metres south-east from the edge of the proposed open-pit for Zones 1, 4, 7 and 7A. Zone 13 mineralization is not included in the Measured and Indicated resource of 11,980,000 tonnes grading 1.07 % total copper, 0.86% acid-soluble copper in Zones 1, 4, 7 and 7A (see Preliminary Economic Assessment filed on May 30, 2014). Copper North believes that it has completed sufficient definition drilling in Zone 13 to prepare a resource estimate in the drill area, potentially increasing the resources and the life of the proposed mine.

All mineralized intercepts from the 13 holes are within 120 metres of surface. Assays for oxide copper, native copper transition and sulphide copper mineralization are summarized in Table 1. Intercepted widths of over 100 metres demonstrate that Zone 13 is a wide zone of near-surface copper mineralization that has the potential to be mined with a low strip-ratio.

Estimated true widths vary but based on geological interpretation of cross-sections, true widths are estimated to be typically 80 to 90% of the intersected widths. The drill hole locations, dip angles and azimuths can be found, along with maps and cross sections on Copper North's website

Tonnage Potential

The estimated tonnage potential of mineralization along the approximate 280 metre strike length drilled in Zone 13 is between 7 and 9 million tonnes. This tonnage potential has been calculated by geometrical and 3D wireframe methods based on the volume of mineralized material interpreted between mineralized drill intercepts, using a density of 2.7 t/m3,and extending to depths of up to 150 m below surface.

Zone 13 is open to the north and south - exploratory drill holes and trenching in these areas show that near surface oxide copper mineralization is present over a total strike length of more than 700 metres, including the 280 metre section reported herein. The Company expects that with further infill drilling, the near-surface resource potential of Zone 13 could be significantly expanded.

Investors are cautioned that the tonnage potentials indicated here are not NI43-101 compliant resources or reserves. Tonnage potentials were calculated based on volumes of rock derived from the geological interpretation between drill intercepts that contain visible copper mineralization. No statement is made regarding the potential grade of the tonnage potentials.

Table 1: Drill results from Zone 13.

Hole From (m) To (m) Intercept width (m) Total Cu (%) Acid-soluble (oxide) Cu (%) Au (g/t) Ag (g/t) Style of mineralization
CN15-09 23.90 111.30 87.40 0.26 0.17 0.08 0.84 Oxide, Native
CN15-10 22.86 75.80 52.94 0.27 0.22 0.09 2.23 Oxide
CN15-11 16.00 50.50 34.50 0.28 0.23 0.21 0.79 Oxide
CN15-12 21.50 54.41 32.91 0.17 0.13 0.02 0.50 Oxide
CN15-12 63.00 96.02 33.02 0.27 0.14 0.09 0.98 Oxide, Native
CN15-13 22.00 57.53 35.53 0.35 0.27 0.08 1.32 Oxide
CN15-13 99.30 130.58 31.28 0.80 0.05 0.18 2.57 Sulphide
CN15-14 19.50 119.49 99.99 0.23 0.06 0.07 0.86 Oxide, Native, Sulphide
including 19.50 23.47 3.97 0.52 0.45 0.24 3.43 Oxide
and 81.00 86.70 5.70 0.33 0.04 0.07 1.28 Native, Sulphide
and 99.20 119.49 20.29 0.64 0.05 0.19 1.84 Native, Sulphide
CN15-15 13.80 104.12 90.32 0.29 0.08 0.07 0.81 Oxide, Native, Sulphide
including 75.76 104.12 28.36 0.61 0.06 0.16 1.73 Native, Sulphide
CN15-16 hole failed owing to poor ground conditions
CN15-17 19.81 48 28.19 0.55 0.48 0.16 2.35 Oxide
CN15-18 13.53 33.65 20.12 0.31 0.25 0.09 1.50 Oxide
CN15-19 34.00 136.1 102.10 0.37 0.14 0.09 1.21 Oxide, Native, Sulphide
including 54.00 95.64 41.64 0.57 0.25 0.14 1.77 Oxide, Native
and 126.52 136.1 9.58 0.65 0.07 0.19 2.50 Native, Sulphide
CN15-20 27.50 110.10 82.60 0.52 0.29 0.14 1.85 Oxide, Native, Sulphide
CN15-21 34.75 154.30 119.55 0.35 0.10 0.08 0.98 Oxide, Native, Sulphide
including 119.38 152.02 32.64 0.69 0.06 0.17 1.97 Sulphide
CN15-22 10.50 22.79 12.29 0.31 0.22 0.10 0.71 Oxide


Quality assurance and quality control procedures include the systematic insertion of duplicate and standard samples in to the sample stream. Drill core samples were sawn in half, labelled, placed in sealed bags and were shipped straight to the preparatory laboratory of ALS Minerals in Whitehorse. All geochemical analyses were performed by ALS Minerals in North Vancouver. Total copper assays were performed by four-acid digestion with an AAS finish. Soluble copper assays were carried out by sulphuric acid digestion with an AAS finish. Gold was analysed by a 30 g charge fire assay with an AAS finish. Silver was analyzed by four-acid digestion and ICP-AES finish.

Dr. Harlan Meade, P.Geo. is the Qualified Person responsible for the preparation of this news release.

On behalf of the Board of Directors:

Dr. Harlan Meade, President, CEO and Director

About Copper North

Copper North is a Canadian mineral exploration and development company. Copper North's assets include the Carmacks Project located in the Yukon, the Redstone Property located in the Northwest Territories, and the Thor Property in British Columbia. Copper North trades on the TSX Venture Exchange under the symbol COL.

This news release includes certain forward-looking information or forward-looking statements for the purposes of applicable securities laws. These statements include, among others, statements with respect to results from current and previous exploration on the Carmacks Project; proposed exploration plans, their timing, and results achieved from such activity; the potential for expanding the known mineral resources; development, engineering and permitting activities, and their timing; and future economic operating results. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements to differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations include, among others, the timing and success of current and future exploration and development activities; exploration and development risks; market prices; exploitation and exploration results; availability of capital and financing; general economic, market or business conditions; uninsured risks; regulatory changes; defects in title; availability of personnel, materials and equipment; unanticipated environmental impacts on operations; and other exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. In making the forward-looking statements, the Company has applied several material assumptions including, but not limited to, the current and proposed exploration and development of the Carmacks Project will proceed as planned; early exploration success will increase mineral resources; market fundamentals will result in sustained metals and mineral prices; and any additional financing needed will be available on reasonable terms. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copper North Mining Corp.
Dr. Harlan Meade
President and Chief Executive Officer
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Goldrich Mining Company

Exchange/Ticker: OTCQB: GRMC
Main Asset: Chandalar Gold District
Operating Region: U.S./Alaska
Profile: Goldrich Mining is a U.S. based resource company focused on developing the historic Chandalar gold district in the Ambler Schist belt of central Alaska. Goldrich controls a land package that covers over 22,000 acres of prospective targets and historic mines. The Company is building shareholder value by monetizing placer assets, generating non-dilutive funds, and conducting district-scale exploration... VIEW FULL PROFILE