ALL NEWS RELEASES

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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: http://bit.ly/28MsIis. 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

    Vancouver, British Columbia--(Newsfile Corp. - June 23, 2016) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTC Pink: CORMF) ("Coronet" or the Company") is pleased to provide an update on the work program ("the Program") on its 100% owned White Caps Gold Mining Project ("White Caps" or "the Project"). The Program involve continued independent metallurgical analysis to verify recoveries of the estimated 250,000 tonnes of gold bearing tailings Read More

  • Voting Results of the Annual Meeting of the Shareholders of Gran Colombia and 2016 Production Update

    TORONTO, ON--(Marketwired - June 23, 2016) - Gran Colombia Gold Corp.'s (TSX: GCM) (OTC PINK: TPRFF) Annual Meeting of Shareholders was held on Thursday, June 23, 2016. The detailed results of the votes for each matter to be acted upon are set out below: Item No. Description of matter Outcome of vote Voted Voted (%) 1. Fixing the number of directors at ten. Approved 84,811,905 For 98.63% 1,173,881 Against Read More

  • Redhill Resources Corp.: Name Change to Millennial Lithium Corp.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 23, 2016) - Redhill Resources Corp. (TSX VENTURE:RHR) ("Redhill" or the "Company") is pleased to announce that, effective at 12:01am on June 24, 2016, it has completed its name change to Millennial Lithium Corp. The name change was first announced on May 31, 2016. As a result, effective at the opening on Friday, June 24, 2016, the common shares of Millennial Lithium Corp. Read More

  • Bacanora Announces Proposed Re-Domicile to the UK

    CALGARY, ALBERTA--(Marketwired - June 23, 2016) - BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN) (AIM:BCN), the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that it plans to re-domicile its governing corporate jurisdiction from Canada to the UK. The Board of Bacanora has made its decision to re-domicile in consideration of the success of the Company's AIM listing and the Read More

  • Alabama Graphite Corp. Announces Shipment of American Sourced and Manufactured CSPG Samples to United States Department of Defense (DoD) Lithium-ion Battery Solutions Provider

    TORONTO, ONTARIO--(Marketwired - June 23, 2016) - Alabama Graphite Corp. ("AGC" or the "Company") (TSX VENTURE:ALP)(OTCQX:ABGPF)(FRANKFURT:1AG) is very pleased to announce that it has manufactured and shipped two specifications of its coated spherical graphite ("CSPG") to a U.S.-based innovator in Lithium-ion ("Li-ion") batteries for numerous and varied military applications for the United States Department of Defense ("DoD"). AGC conveyed fine- and coarse-sized CSPG made from the Company's Coosa Read More

  • Lydian Reports Voting Results from Annual General Meeting

    TORONTO, ONTARIO--(Marketwired - June 23, 2016) - Lydian International Limited (TSX:LYD) ("Lydian" or the "Company") is providing a summary of the voting results from its 2016 Annual General Meeting of shareholders (the "Meeting") held on Thursday June 23, 2016 in Toronto, Ontario. Results of the Meeting A summary of the voting results is as follows: Total shares voted: 456,208,459 Total shares issued: 665,949,253 Total percentage of shares voted: Read More

  • Dominion Diamond Corporation Provides Update on Incident at the Ekati Diamond Mine

    YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company”) can confirm that at approximately 7:00 am on June 23, 2016, an incident occurred at the Ekati mine site. A fire broke out during a planned outage in the Process Plant. The Incident Management Team was activated to respond to the situation and the Emergency Response Team (ERT) was called to the scene and the fire Read More

  • Commander Acquires Exploration Assets from Bearing Resources

    Vancouver, British Columbia--(Newsfile Corp. - June 23, 2016) - Commander Resources Ltd. (TSXV: CMD) ("Commander") is pleased to announce that has concluded an asset purchase agreement with Bearing Resources Ltd. ("Bearing") wherein Commander will acquire four exploration stage properties; one in the Yukon, two in British Columbia and one in Durango, Mexico in addition to three royalties. One of these royalties includes a production-defined royalty on a portion Read More

  • Carpathian Gold Strengthens Engineering Team and Provides Corporate Update

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White Rock, British Columbia (FSCwire) - Renaissance Gold Inc. (TSX: REN) (“RenGold” or the “Company”) reports financial results for the three months ended September 30, 2015.  Details of the Company’s financial results are described in the unaudited condensed consolidated interim financial statements (the “Financial Report”) and corresponding management discussion and analysis for the same period.  These and further details on each of RenGold’s projects and activities can be found on the Company’s website at www.rengold.com and on the Company’s profile on www.sedar.com.  All amounts presented are in Canadian dollars unless otherwise stated.

On November 6, 2015, the Company announced it had received final approval to list its common shares on the TSX Venture Exchange (the “TSX-V”).   RenGold’s common shares will continue to trade under the symbol “REN” and will be listed and posted for trading at the opening of the TSX-V on Monday, November 23, 2015.  The Company’s common shares will be delisted from the Toronto Stock Exchange at end of trading on Friday, November 20, 2015.  The Board of Directors of the Company feel that as the majority of the Company’s peers trade on the TSX-V it is a better fit for the Company at this stage of its development.

Selected financial data

The following selected financial data is derived from the Financial Report as prepared in accordance with International Financial Reporting Standards.

The consolidated net loss for the three months ended September 30, 2015 was $331,845 (2014 - $550,184).

Cash at September 30, 2015, was $1,557,036.  This amount includes $194,833 of cash advances received from funding partners which is disclosed as amounts due to funding partners. 

Total assets at September 30, 2015 are $2,136,788 of which $1,795,310 are current assets and $341,478 are exploration and evaluation assets, equipment, investment in private corporation and reclamation bonds.

Operations

RenGold is an exploration stage business engaged in the acquisition and exploration of mineral properties located in Nevada and Utah.  RenGold’s business model is to identify and secure mineral resource properties for which it seeks suitable joint venture partners. Once partners are found, an exploration and option to earn-in agreement is entered into on the property enabling the earn-in partner to obtain an interest by conducting and funding exploration on that property.

The level of the Company’s exploration expenditures is largely determined by the strength of the resource capital and commodity markets and its ability to obtain funding partners and investor support for its projects.  The Company anticipates there will be less capital available for exploration joint ventures in the immediate future. RenGold is therefore concentrating activities in Nevada and Utah to upgrade current projects and identify targets with significant growth potential.

Exploration and evaluation expenditures on RenGold projects for the three months ended September 30, 2015, totaled $785,148 (2014 - $624,754).   Of this amount partners funded $582,532 (2014 - $402,091) and RenGold funded the balance of $202,616 (2014 - $222,663).  In addition to the exploration and evaluation expenditures recorded in RenGold’s accounts, funding partners also conducted additional exploration programs directly on RenGold’s projects as required under the particular exploration earn-in agreements.

Overall Performance

The highlights of activity by RenGold and its funding partners on its exploration properties during the three months ended September 30, 2015 and to the date of this press release follow in alphabetical order.

Nevada properties being prepared for joint venture

Buffalo Canyon: RenGold is advancing permitting for the Everson Deposit on the Buffalo Canyon project in northern Nye County. New drilling at the Everson Deposit will test for extensions to gold mineralization intersected in 25 of 40 historical reverse circulation drill holes. The gold intersections lie within a 400 x 600 m area that is part of a pyrrhotitic halo 1.5 by 1.0 km in size that appears to be related to a complex of reduced intrusions. Most of this prospective halo remains untested. This mineralized area is expected to grow substantially by drilling parts of the halo containing robust surface rock chips and soil anomalies. The drill plan will include holes that will drill below previous holes that reached total depth in mineralization and attempt to test the carapace (margins) of an inferred source intrusion. The maximum depth of drilling to-date is only 525 feet. RenGold is in discussions with a financial group that would supply initial drilling funds for equity in the project.

Fireball Ridge: Detailed structural analysis at the Fireball Ridge property located in NW Churchill County, Nevada has resulted in an important new exploration model. The East Graben target is recognized as being controlled by a cymoid loop (as is the case at the Fire Creek and Midas gold deposits), but previous drilling did not penetrate this zone. Significant drill results in the past (up to half ounce Au) can be greatly enhanced by a drill program utilizing this new model.

Gilbert South: RenGold’s new Gilbert South property contains a large gold-bearing epithermal system located in the Monte Cristo Range west of Tonopah in Esmeralda County, Nevada. The property is located directly south of the Gilbert Property being explored by Hecla Mining and west of the Eastside Project drilled in 2015 by Columbus Gold. Shallow drilling in one area was done in the 1980's by Atlas Gold as they attempted to define a shallow open pit target. Historic data and preliminary field work has located many large multi-veined zones with historic multi-gram gold that have not been sufficiently tested.

Maggie Creek: The Maggie Creek property, acquired in August 2015, is located east of Gold Quarry on the Carlin Trend in Eureka County, Nevada. RenGold has modeled 241 historic drill holes, carried out field reconnaissance and is developing several drill targets. Much of the past drilling and mapping was completed prior to 1993, with 60 of the 241 holes drilled to less than 100 feet (30.48 meters). The overwhelming number of these shallow vertical reverse circulation holes did not penetrate primary mineralized structures which occur throughout the property.

Secret Canyon: At Secret Canyon RenGold has developed a significant re-interpretation of a high-grade epithermal target located south of Winnemucca, Nevada and west of the evolving Kinross Gold Banks Project. A large recessive zone that was discovered by regional BLEG analysis brought Renaissance into the area. Recognition of this geologic setting has led to a series of high value targets that are shallow and easy to test. The property is being prepared to be drill ready with detailed geology, geochemistry, and geophysics.

In addition to the above, work has continued on data compilation and target definition at the Company’s other projects being prepared for joint venture. These properties include the Bunce, Whistler and Wood Hills South projects.

Nevada projects with funding partners

At the date of this press release, RenGold has six properties under exploration earn-in agreements:

 
Project Funding partner
Arabia Coeur Mining, Inc.
Fourth of July Summit Mining Exploration II, Inc., a US subsidiary of Sumitomo Corporation
Golden Shears Walmer Capital Corp.
Silicon Altius Minerals Corporation
Trinity Silver Liberty Silver Corp.
Wildcat Troymet USA LLC

Arabia: The Arabia project is located in Pershing County just west of the Humboldt Range and RenGold’s Fourth of July project. Field work, completed as a follow-up to detailed aeromagnetic and gravity surveys, helped to delineate areas of interest within the project. The Arabia project is funded by Coeur Mining, Inc. and includes a minimum work commitment of US$100,000 in the first year.

Fourth of July: The Fourth of July project is located in the northern Humboldt Range of Pershing County and just north of the evolving Spring Valley gold project, which is a joint venture between Barrick and Midway. The Fourth of July project is funded by Summit Mining Exploration II, Inc., (“Summit II”) a US subsidiary of Sumitomo Corporation.

In September 2015, RenGold started a drill program that includes 8 reverse circulation holes with a budget for 1,340 meters (4,400 feet). Careful execution of this program resulted in 16 holes totaling 2075 meters (6,805 feet) being drilled. This round of drilling has tested three target areas within this target-rich project that had multiple mines and was one of the largest silver-gold producers in Nevada prior to 1940. Results are expected to be released in late November.

Golden Shears: In March 2015, RenGold entered into an exploration earn-in agreement with Walmer Capital Corp. (“Walmer”) to earn a 70% interest in the property.  In October 2015, the Company extended the date of any payments to February 1, 2016 in consideration of $10,000 to be paid on closing of a financing by Walmer.

Walmer has commissioned a technical report from Mr. R. A. Lunceford, an independent Qualified Person reporting on the extensive work done by RenGold and the results of 8 audit rock samples collected by Mr. Lunceford from targets on the property.  The 8 samples were collected from areas and exposures Mr. Lunceford deemed to be important to validate the reported mineralized material.  Mr. Lunceford collected and transported the samples in his sole custody directly to the preparation facility of ALS in Reno, Nevada.

Silicon: RenGold's Silicon property is in the Bare Mountain Mining District of southern Nevada. The property consists of unburdened claims on federal BLM ground. RenGold is advancing the Silicon property with Altius Minerals Corporation funding a $140,000 work program in exchange for a 1.5% NSR royalty. Field work has commenced and will be followed by a gravity survey. Silicon is an epithermal project in a productive district. The property has been underexplored and holds large deposit potential. The ultimate objective is to do enough geoscience work on the project to attract a partner who will enter into a standard agreement by funding exploration to earn an interest in the project.

Trinity Silver:  In fiscal 2013, Liberty Silver Corp. (“Liberty”) completed their work commitment of US$5,000,000 on the Trinity Silver project located in Pershing County, Nevada.  In addition to the US$5,000,000 work commitment, Liberty must complete a bankable feasibility study by March 29, 2017 to earn an undivided 70% interest in the property.  Metallurgical studies are continuing in preparation of a preliminary economic assessment on the oxide deposit and this will be used to generate financing for development of the oxide deposit. Liberty reports that, pending funding, it next plans to do Preliminary Economic Assessment level work on the project. 

Utah projects with funding partners

Wildcat: Wildcat lies in the Detroit Mining District, an historic gold producing region in the northern Drum Mountains of central Utah. In February 2015, the Company entered into an exploration earn-in agreement with Troymet USA LLC. Ongoing field work by RenGold, on behalf of Troymet, is producing important results that are redefining the model of the mineralization and generating new targets.  Troymet is in the process of permitting trenches, drill roads and drill pads in the Core Main Target and Southeast Target areas.

Qualified Person

All technical data, as disclosed in this MD&A, has been verified by the Company’s qualified persons Richard L. Bedell, M.Sc. and Registered Member and Eric M. Struhsacker, M.Sc. and Certified Professional Geologist.

About Renaissance Gold Inc.

Renaissance Gold Inc. is a gold/silver exploration company that has a large portfolio of exploration projects in Nevada and Utah. Many of the projects are in exploration earn-in agreements with industry partners who provide exploration funding. RenGold applies the extensive exploration experience and high-end technical skills of its founders and team members to search for and acquire new precious metal exploration projects that are then offered for joint venture.

Renaissance Gold Inc.

By: Richard L. Bedell, President and CEO

For further information, contact:

Richard L. Bedell, 775-337-1545 or This email address is being protected from spambots. You need JavaScript enabled to view it. or Eric Struhsacker, 775-337-1545 or This email address is being protected from spambots. You need JavaScript enabled to view it.

This news release contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.  Although Renaissance Gold Inc. believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Renaissance Gold Inc’s management on the date the statements are made. Except as required by law, Renaissance Gold Inc. undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

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