ALL NEWS RELEASES

  • NGEx Resources and Filo Mining Announce TSX Venture Exchange Approval and Listing of Filo Mining Common Shares

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - NGEx Resources Inc. (TSX:NGQ)(OMX:NGQ) ("NGEx") and Filo Mining Corp. (TSX VENTURE:FIL) ("Filo Mining") are pleased to announce that Filo Mining has received confirmation from the TSX Venture Exchange (the "TSXV") that the conditions for listing have been satisfied and the TSXV has issued its Final Exchange Bulletin on August 25, 2016 confirming the approval of the listing of the common Read More

  • Osisko Mining Makes Equity Investment Into Kilo Goldmines

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko") announced today that it has filed an early warning report in respect of its holdings in Kilo Goldmines Ltd. ("Kilo"). Osisko subscribed by way of a non-brokered private placement offering (the "Private Placement") for 5,000,000 equity units ("Units") of Kilo. Under the Private Placement, the Units were offered and sold at a price of $0.10 per Read More

  • Lithium Americas Provides an Update on the Cauchari-Olaroz Lithium Project in Argentina

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Lithium Americas Corp. (the "Company" or "LAC") (TSX:LAC)(OTCQX:LACDF) is pleased to provide an update on the Cauchari-Olaroz Lithium Project ("Cauchari") joint venture with Sociedad Química y Minera de Chile S.A. ("SQM") in Jujuy province, Argentina. The Board of the joint venture company, Minera Exar S.A. ("Minera Exar"), has recently been authorized to proceed with development planning for 50,000 tonnes per Read More

  • Scorpio Gold Reports Financial Results for Second Quarter of 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) is pleased to announce its financial results for the second quarter ended June 30, 2016 ("Q2"). This press release should be read in conjunction with the Company's condensed interim consolidated financial statements for Q2 and Management Discussion & Analysis for the same period, available on the Company's website at www.scorpiogold.com Read More

  • Anaconda Mining sells 16,023 ounces and generates $7.0M of EBITDA at the Point Rousse Project in fiscal 2016

    TORONTO, Aug. 26, 2016 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX:ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2016. The Company sold 16,023 ounces of gold in fiscal 2016 resulting in $24,361,471 in revenue at an average sales price of $1,520 (USD$1,151) per ounce. Cash cost per ounce sold at the Point Rousse Project for Read More

  • Homestake Shareholders Approve Acquisition by Auryn Resources

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Auryn Resources Inc. (TSX VENTURE:AUG) (OTCQX:GGTCF) ("Auryn") is pleased to announce that the plan of arrangement (the "Arrangement"), pursuant to which Auryn will acquire all of the issued and outstanding common shares of Homestake Resource Corporation ("Homestake") was approved by Homestake shareholders at the special meeting of Homestake shareholders held on August 25, 2016. At the meeting, approximately 98.2% of Read More

  • Tango Closes Additional Interest in Kwena Group and Conversion of Secured Loan Notes

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that further to its news release dated 18 August 2016, it has closed the acquisition of an additional 23% interest in the issued and outstanding shares of the Kwena Group, increasing Tango's total interest to 74%. The Kwena Group have four thermal coal, metallurgical and processing plant Read More

  • West African Resources Repays US$5 Million Loan Facility

    Scarborough , Australia (FSCwire) - West African Resources (ASX, TSXV: WAF) is pleased to announce it has repaid the US$5m loan facility to the Metals & Energy Capital Division of Macquarie Bank Limited (Macquarie) ahead of its maturity date on 30 September 2016. The repayment was made following the completion of the A$21 million capital raising announced on 10 August 2016. The company’s cash balance is currently A$23 Read More

  • NV Gold Increases Private Placement to CDN$550,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. NV Gold Corporation (TSX VENTURE:NVX) (the "Company") announced today that it is increasing its non-brokered private placement of units of the Company originally announced on August 11, 2016 due to over-subscriptions. The Company now proposes to raise gross proceeds of a maximum of CDN$550,000 and a Read More

  • Augyva Mining Resources Announces Results of Shareholders' Meeting

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva" or the "Company") is pleased to announce the results from its annual general and special meeting of shareholders held August 25, 2016 (the "Meeting"). At the Meeting, shareholders overwhelmingly elected the following nominees to serve as directors of the Company for the ensuing year: Farhad Abasov, Kuldeep Billan, Curtis Johansson and Kail Ross. Mr. Read More

  • Odin Mining and Exploration Announces Results of AGM

    VANCOUVER, BC--(Marketwired - August 25, 2016) - Odin Mining and Exploration Ltd. ("Odin") (TSX VENTURE: ODN) announces the results of its annual general and special meeting of shareholders held on August 25, 2016 in Vancouver. At the meeting, shareholders voted in favour of electing each of Marshall Koval, Lyle Braaten, Donald Shumka, Michael Steinmann and Stephen W.C. Stow as directors of Odin to hold office for the ensuing Read More

  • Group Ten Metals Retains Bellefleur as Interim CFO

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Group Ten Metals Inc. (TSX VENTURE:PGE)(FRANKFURT:5D31) (the "Company" or "Group Ten") announces that Jody Bellefleur has rescinded her resignation as announced August 12, 2016 in order to assist the Company as interim CFO. About Group Ten Metals Inc. Group Ten Metals Inc. is a mineral exploration company focused on exploration for deposits of gold, platinum group metals (PGM), nickel, and Read More

  • KWG Resources Releases All-Weather Road Study

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has posted on its website an all-weather road study that was previously prepared for it by Green Forest Management Inc. The report estimated that an all-weather gravel road starting in the west at the Northern Ontario Resource Trail Road northeast of Pickle Lake, projecting eastward to the Ring of Fire area over a distance of approximately Read More

  • Anfield Gold Appoints Andrew Storrie as President and Chief Operating Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Anfield Gold Corp. ("Anfield") (TSX VENTURE:ANF) announces that Andrew Storrie has been appointed President, Chief Operating Officer of Anfield and General Manager of Chapleau Exploração Mineral LTDA. He will report to Marshall Koval, Anfield's Chief Executive Officer and be responsible for management of ongoing operations at Anfield's Coringa Gold Project in Para State, Brazil. Mr. Storrie has 25 years of Read More

  • Sphinx Resources Provides Corporate Update

    MONTREAL, QUEBEC--(Marketwired - Aug. 26, 2016) - Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX VENTURE:SFX) announces that the Annual General and Special Meeting will now be held on October 6 in Montreal. The record date is July 29, 2016. Stock option plan Sphinx announces that it has amended its stock option plan (the "Stock Option Plan"). The amendment increases the maximum number of shares issuable upon exercise Read More

  • IDM Mining Retains O&M Partners, LLC and Investor Relations Consultant

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) is pleased to announce that it has engaged O&M Partners, LLC ("O&M") to assist in targeting non-deal institutional and independent money managers throughout the United States including financial centres often overlooked. In addition, the Company is pleased to announce that it has retained the part-time investor relations consulting services of Nigel "Alex" Horsley. The marketing Read More

  • Iberian Minerals Reports on Details of the Annual and Special Meeting

    EDMONTON, ALBERTA--(Marketwired - Aug. 26, 2016) - Iberian Minerals Ltd. (the "Company" or "Iberian") (TSX VENTURE:IML)(OTCQB:SLDRF) announced that it held its Annual and Special Meeting on August 25, 2016. All of the resolutions proposed to the shareholders detailed in the Notice of Annual General Meeting of Iberian Minerals Ltd. dated July 29, 2016 were duly passed. Resolutions which were passed included: The following six (6) incumbent directors were Read More

  • Kinross Gold Announces Operational Updates at Bald Mountain, Tasiast and Maricunga

    TORONTO, ON--(Marketwired - August 25, 2016) - Kinross Gold (TSX: K) (NYSE: KGC) announced today operational updates at its Bald Mountain mine in Nevada, Tasiast mine in Mauritania and Maricunga mine in Chile. Bald Mountain At Bald Mountain, the Company has received a record of decision from the U.S. Bureau of Land Management to allow for increased exploration activities and the mine's potential expansion. The decision allows the Read More

  • Osisko Mining Discovers Significant New Mineralization at Windfall- Drills 11.8 g/t Au Over 6.7 Metres

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Urban Township, Québec. The current 100,000 metre drill program combines definition drilling above the Red Dog intrusion ('Red Dog'), expansion drilling above and below Red Dog and exploration drilling on the Read More

  • Ivanhoe Mines Announces Drilling Results From Kakula Discovery- Drills 8.75 Metres of 9.84% Copper and 18.78 Metres of 5.32% Copper

    KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO--(Marketwired - Aug. 25, 2016) - Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN), and Lars-Eric Johansson, Chief Executive Officer, today announced assay results from another twelve holes of the ongoing 2016 drilling campaign at the Kakula Discovery on the company's Tier One Kamoa Copper Project, near the mining centre of Kolwezi in the Democratic Republic of Congo (DRC). The Kamoa Project is a Read More

  • Marathon Gold Reports High Metallurgical Recoveries of up to 98.1% for the Marathon Deposit

    TORONTO, ON--(Marketwired - August 25, 2016) - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) today announced very positive results from its 2016 metallurgical test program, which yielded high gold recoveries from the Marathon Deposit, Valentine Gold Camp using a combination of conventional gold preconcentration and leaching technologies. The costs of this program are being underwritten in part by the Research and Development Corporation of Newfoundland and Read More

  • Copper Fox Announces Corporate Update of Shaft Creek and Van Dyke Projects

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU)(OTC PINK:CPFXF) is pleased to provide its shareholders with an update of corporate activities. Elmer B. Stewart, President and CEO of Copper Fox, stated, "In 2016 Copper Fox has exposure to approximately $2.2 million in expenditures on the Schaft Creek and Eaglehead projects located in British Columbia. Work on the Read More

  • Iconic Minerals Intercepts High Conductivity Zone at Bonnie Claire Lithium Property, Nevada

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (the "Company" or "Iconic") is pleased to announce that it has penetrated a higher conductivity zone believed to be the brine horizon in phase 1 drilling at the Company's Bonnie Claire Lithium Project in Nevada, U.S.A.  Drill hole BC 1601 has been completed to a depth of 1560 feet Read More

  • Canarc Options FG Gold Property in Central BC from Eureka Resources

    Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (the “Company”) announces the signing of an agreement with Eureka Resources Inc. (TSX-V: EUK) (“Eureka”) which grants Canarc an exclusive option (the “Option”) to acquire up to a 75% interest in the FG Gold Property (the “Property”) located approximately 100 kilometres east of Williams Lake in central British Columbia. The Agreement The Option Read More

  • Serengeti Announces Completion of Drilling Program at Kwanika and Initiation of Resource Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Serengeti Resources Inc. (TSX VENTURE:SIR) reports that the summer drilling program at its Kwanika copper-gold resource-stage project located in Quesnel Trough of British Columbia, has recently been completed. In addition, an independent resource estimate update study is underway which will focus on the higher grade copper-gold domain of the Central Zone on the property. This program is being fully funded Read More

  • Noram Ventures Completes Selection of Lithium Targets on its South Block Claims in Nevada’s Clayton Valley

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce it has selected 55 initial core drilling targets on its South Block lithium claims in Nevada’s Clayton Valley (see Figure 1). The exploration and core drilling plan has been submitted to the U.S. Department of the Interior Bureau of Land Management, Nevada State Office Division of Minerals Read More

  • Alix Resources Acquires Cross Lake Lithium Property, Manitoba

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - ALIX RESOURCES CORP. (TSXV: AIX) (FSE: 37N) ("Alix" or the "Company") is pleased to announce the acquisition of a 100% interest in the Cross Lake Lithium property ("Cross Lake Property") located about 528 km north of Winnipeg, Manitoba. The Cross Lake Property comprises one Mineral Exploration Licence (MEL 1050A) encompassing 5,040 hectares and is located about 4 km southwest Read More

  • Contango ORE Announces Earnings and Updated Operations For the Year Ended June 30, 2016

    HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO) announced today that it filed its Form 10-K for the year ended June 30, 2016 with the Securities and Exchange Commission. The Company reported a net loss of $1.2 million or $0.31 per basic and diluted share for the year ended June 30, 2016 compared to a loss of $3.6 million or $0.94 per basic and diluted share Read More

  • Flinders and Tasman Announce Closing of the Arrangement; Name Change to Leading Edge Materials

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Tasman Metals Ltd. ("Tasman") (TSX VENTURE:TSM)(FRANKFURT:T61)(OTCQB:TASIF) and Flinders Resources Limited (TSX VENTURE:FDR) ("Flinders") announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which Flinders has acquired all of the issued and outstanding shares of Tasman effective on Thursday, August 25, 2016 (the "Effective Date"). The Arrangement was approved by Tasman shareholders on August 18, 2016 Read More

  • Matamec Reports JV Drill Results at Sakami Gold Property- Intersects 1.62 g/t Au Over 64.50 Metres, Including 2.21 g/t Au Over 43.30 Metres

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce the results from the first of nine holes drilled in the northwest extension of zone 25 (main zone), located in the La Pointe sector of the Sakami property. Drill hole PT-16-91 intersected 1.62g/t Au over 64.50 metres including 2.21 g/t Au Read More

  • Kerr Mines Announces Additional Debt Restructuring Transactions and a C$2 Million Long Term Debt Facility

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to announce that it has entered into a series of agreements with various creditors in an effort to improve the Company's financial position. The agreements are consistent with the Company's previously disclosed strategy to enter into negotiations to reduce and restructure amounts owing and to address working capital deficiency. "With the Read More

  • Canamex Announces Financing for Gross Proceeds up to $6,000,000

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Canamex Resources Corp. (TSXV: CSQ) (OTCQX: CNMXF) (FSE: CX6) ("Canamex" or the "Company") is pleased to announce that it intends to complete two non-brokered private placements for gross proceeds of up $6,000,000 (the "Offerings") on terms described below, subject to acceptance by the TSX Venture Exchange ("TSX-V"). All figures are in Canadian dollars unless otherwise noted. Financing of Secured Read More

  • Goldsource Mines Revises 2016 Production Guidance

    VANCOUVER, Aug. 25, 2016 /CNW/ - Goldsource Mines Inc. ("Goldsource" or the "Company") today announced that throughput and production from the Eagle Mountain Gold Project ("Eagle Mountain") in Guyana have been affected in July and August, primarily as a result of weather related issues, a delay in the shipment of a 40-tonne truck to site and the low grade of available material. Processing operations were suspended on Read More

  • Northern Vertex Announces Two Key Contracts for the Construction of the Moss Mine Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") is pleased to announce the appointment of M3 Engineering & Technology Corp. ("M3") of Tucson, Arizona, as the Engineering, Procurement and Construction Management ("EPCM") provider for the Company's Moss Mine Project near Bullhead City, Western Arizona. M3 will be responsible for the detailed design, procurement of the necessary equipment and supplies and Read More

  • IDM Mining Files Updated NI 43-101 Preliminary Economic Assessment for the Red Mountain Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) today announced the completion and filing of the updated NI43-101 Preliminary Economic Assessment Technical Report for the Company's Red Mountain Gold Project, BC, Canada. The Independent Technical Report was prepared by JDS Energy & Mining Inc., ARSENEAU Consulting Services Ltd and Knight Piesold Ltd., following the guidelines of the Canadian Securities Administrators National Instrument 43-101 Read More

  • Nevada Energy Metals Pays Full Annual BLM Fees for Seven Nevada Lithium Projects

    VANCOUVER, British Columbia, August 25, 2016 /PRNewswire/ -- Nevada Energy Metals Inc. "the Company"  (TSX-V: BFF) (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has paid in full all annual Bureau of Land Management (BLM) maintenance fees for the Company's seven Lithium projects located in Nevada.  The annual maintenance fees, totaling USD $ 212,350 (CAD $274,550), are now paid to Sept 1st 2017.   Nevada Energy Read More

  • Lupaka Gold Realigns Its Board Members

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Lupaka Gold Corp (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") is making changes to the composition of its Board of Directors (the "Board") to better reflect the production profile of its future mining operations. Consequently, the Company is pleased to announce the appointment of Lucio Pareja to its Board. Lucio brings to the Board his extensive experience Read More

  • Happy Creek Minerals Completes $1,191,560 Private Placement

    August 25, 2016 / TheNewswire / Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the "Company") announces the completion of its non-brokered financing announced July 13, 2016 and August 23, 2016. The Company has completed a non-brokered private placement with gross proceeds of $1,191,560 through the sale of 5,991,250 shares at a price of sixteen cents per share and 1,058,908 flow through shares at a price of twenty-two Read More

  • Bold Ventures Provides Lac Surprise Update

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Bold Ventures Inc. (TSX VENTURE:BOL)("Bold") and Northern Superior Resources Inc. (TSX VENTURE:SUP)("Northern Superior") are pleased to announce that Bold has met the second year optional commitment of spending $500,000 on exploration at the Lac Surprise Property and has made the second year payment of 100,000 shares in satisfaction of the second year earn-in requirement. Bold and Northern Superior are also pleased Read More

  • Mirasol Resources Appoints Patrick Evans Board of Directors

    VANCOUVER, Aug. 25, 2016 /CNW/ - Mirasol Resources Ltd (TSX-V: MRZ, OTCPK: MRZLF) ("Mirasol" or the "Company") is pleased to announce that Patrick Evans has been appointed to the board of directors of the Company effective August 20, 2016. Mr. Evans has over 20 years of experience in the mining industry and is the President and CEO of Mountain Province Diamonds Inc, which in conjunction with its Read More

  • CKR Acquires 100% Ownership of Montpellier Graphite Project, Quebec

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - CKR Carbon Corporation ("CKR" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8) is pleased to announce that it has renegotiated the terms of its option agreement to acquire 100% of the Montpellier graphite project in southern Quebec. The company will issue 400,000 common shares in the capital of the company (the "CKR Shares") to the optioner in lieu of the remaining work commitment Read More

  • Northern Vertex Extends Convertible Debenture Non-Brokered Private Placement Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") announces that it has obtained TSX Venture Exchange approval to extend the closing date on its non-brokered convertible debenture private placement (the "Private Placement") up to September 30, 2016 from September 2, 2016. Please see the Company's Read More

  • Kilo Goldmines Announces Completion of Private Placement

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds of $9,070,000 (for $10.0 million in total proceeds from both tranches). An additional $2.5 million placement to the previously announced amount was added on the same terms due to Read More

  • Banyan Gold Receives Approval to Close $1.2 Million Financing

    Calgary, Alberta (FSCwire) - BANYAN GOLD CORP. (“Banyan” or “Banyan Gold” or the “Corporation”) is pleased to announce it has received TSX Venture approval to close its’ recently announced $1.2M non-brokered private placement (refer to the news releases of August 9th financing of up to $850k & August 11th    financing increased to $1.2M). Gross proceeds from the financing are $1,199,999.90 and a standard 4 month hold period Read More

  • Carube Copper Secures Promising Quebec Platinum Palladium Project

    Ottawa, Ontario--(Newsfile Corp. - August 25, 2016) - Carube Copper Corp. (TSXV: CUC), announced today that it has secured its right to acquire, subject to a 2% NSR, 100% of the Fiedmont Platinum Group Elements (PGE) Project ("Fiedmont") by making the first of four scheduled anniversary payments to the vendors. Fiedmont consists of 54 mining claims and covers 23 square kilometres. It is accessible by paved highway and Read More

  • Eureka Resources Announces Option Earn-in with Canarc on the FG Property and Private Placement

    VANCOUVER, Aug. 25, 2016 /CNW/ - Eureka Resources Inc. ("Eureka" or the "Company") (TSXV: EUK) is pleased to announce that it has entered into an option agreement dated August 24, 2016 (the "Agreement") with Canarc Resource Corp. ("Canarc") which provides Canarc the ability to earn up to a 75% interest in the Company's FG Property (the "Property"). The Agreement is subject to the approval of the TSX Venture Read More

  • Arianne Phosphate reports corporate and financial results for second quarter 2016

    SAGUENAY, QC, Aug. 25, 2016 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne") (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, reported its financial results for the three- and six-month periods ended June 30, 2016.  All amounts are in Canadian dollars unless noted. "The first six months of 2016 have proven to Read More

  • Nicola Mining Announces Closing of Non-Brokered Private Placement

    VANCOUVER, B.C. / TheNewswire / August 25, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that, on August 24, 2016, it completed a non-brokered private placement financing (the "Financing") as further described in its news release of August 23, 2016. In connection with the closing, the Company sold an aggregate of 18,337,665 units (each, a "Unit"), at a price of $0.12 per Unit, for gross proceeds Read More

  • Lamelee Iron Ore: Stephane Leblanc to File Early Warning Report

    MONTREAL, QUEBEC--(Marketwired - Aug. 24, 2016) - NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWSWIRE SERVICES. The Board of directors of Lamêlée Iron Ore Ltd. ("Lamêlée" or the "Company") (TSX VENTURE:LIR) today reports that Mr. Stéphane Leblanc ("Mr. Leblanc"), an insider of the Company, has acquired, during the period of August 2 to August 10, 2016, beneficial ownership of common shares Read More

  • Novo Resources To Purchase Previously-Optioned Projects From Talga Resources

    VANCOUVER, BC / TheNewswire / August 25, 2016 - Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) ("Novo" or the "Company") is pleased to announce that through its Australian subsidiary, Beatons Creek Gold Pty Ltd, it has entered into an agreement (the "Agreement") to purchase the Talga Talga, Warrawoona, and Mosquito Creek projects (each a "Talga Project" and, collectively, the "Talga Projects") from Talga Resources Ltd. ("Talga"), an Australian Stock Read More

  • Asiamet Resources Half-Year Results 2016

    White Rock, British Columbia (FSCwire) - The Asiamet Resources Limited (the "Company" or “ARS”) Financial Statements and Management Discussion & Analysis – Quarterly Highlights (“MD&A - QH”) for the six months ended June 30, 2016 are available for viewing on www.sedar.com or www.asiametresources.com. The highlight of the half year to June 30, 2016 was the announcement on April 5, 2016, of the results of the independently prepared Preliminary Economic Read More

  • PJX Resources: Private Placement and Exploration Update

    Toronto, Ontario (FSCwire) - August 25, 2016 – PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce that it has modified and completed a Non-Brokered Private Placement (the “Offering”).  The Company’s recently announced private placement offering of up to four million units (see July 12, 2016 press release) was oversubscribed and increased to 6,879,951 Units with gross proceeds of $1,080,215.  The Company undertook an Offering of Read More

  • Stans Energy Announces MOU for Lithium Stockpile and Mill

    Toronto, Ontario (FSCwire) - Stans Energy Corp. ("Stans" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) for an option to acquire 100% of Pervomayskiy GOK LLC (“PGOK”), a Russian limited liability corporation, the owner of a Lithium Mineralization Stockpile  (the “stockpile”), the Zabaikalsky Mill (the “mill”) and supporting infrastructure. Under the terms of the MOU, Stans and Read More

  • GB Minerals Announces Extension of Maturity Date of Convertible Promissory Note

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - GB Minerals Ltd. (TSXV: GBL) (the "Company") is pleased to announce that is has entered into an agreement (the "Amendment Agreement") with A.B Aterra Resources Limited ("Aterra") to amend the terms of the convertible promissory note dated July 16, 2015 in the principal amount of C$1,000,000 (the "Principal Amount") originally payable on demand from January 31, 2017 (the "Promissory Read More

  • Glen Eagle Secures Two Additional Sources of Mineral Supplies

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has secured two more sources of mineral supplies following agreements signed between Cobra Oro and two newly added groups of small miners. Cobra Oro will pay approximately 30% of the gold content delivered on site which has averaged just over 10 grams gold per Read More

  • Knick Exploration Active at Triple Lake Gold and VMS Property

    Val-d'Or, Quebec / TheNewswire / August 25, 2016, - Knick Exploration Inc. (TSX-V: KNX) is pleased to report that Knick's field crew has submitted 18 rock grab samples and 24 "B" horizon soil samples from a claim on the Triple Lake Gold and VMS property in the Timmins mining camp, Ontario. A total of 22 historical old trenches/pits were located from (circa 2 periods of exploration, 1925 and 1959). Read More

  • Oceanic Iron Ore Announces Power China International Work Program

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  • 1

TORONTO, July 8, 2015 /CNW/ - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) announced today that it has closed the second and final tranche of its non-brokered private placement announced on June 23, 2015.  In total, Marathon issued a total of 3,175,000 flow through shares at a price of $0.30 per share and 9,725,000 units at a price of $0.25 per unit, for aggregate gross proceeds of $3,383,750.  The net proceeds from this financing will be used for exploration work on Marathon's Valentine Gold Camp, including resource expansion drilling at the recently discovered Marathon Deposit area, drill testing new targets, and general corporate purposes.  More particularly, the proceeds from the sale of flow through shares will be expended on qualifying Canadian Exploration Expenses ("CEE") on Marathon's mineral projects before December 31, 2015.

All of the shares issued pursuant to this financing will be subject to a statutory hold period of four months and one day from the closing date.

"The response to our financing has been very strong and has given us a strong treasury to move forward. The majority of the money raised will be used carefully over the remainder of 2015 in advancing the Valentine Gold Camp. The summer program of prospecting, followed by stripping and trenching of the better prospects, is underway in the Marathon and Sprite areas. The first three drill holes have been completed; two on the southwestern extension of the Marathon Deposit and an additional hole that is testing one of the drill targets to the north east of the Marathon Deposit. Both holes in the Marathon Deposit intercepted quartz pyrite tourmaline veins and are awaiting assay results. Drilling will continue to the northeast testing areas of surface gold veining before returning to the Marathon Deposit," said Phillip Walford, President and CEO of Marathon.

About Marathon Gold Corporation

Marathon is a Toronto based gold resource company focused on its 100% owned Valentine Gold Camp located in central Newfoundland. The Valentine Gold Camp currently hosts four near-surface, mainly pit-shell constrained, gold resources totaling 1,060,100 oz. gold at 2.20 g/t (Measured & Indicated) and 200,000 oz. gold at 2.83 g/t (Inferred), (April 2015). These resources, open along strike and to depth, cover less than 6% of the total length of the highly prospective Valentine Lake Thrust Fault and associated splay faults which host the majority of the gold mineralization within the property.

Certain of Marathon's exploration expenditures at its mineral properties in Newfoundland are funded by the Government of Newfoundland and Labrador through its Junior Exploration Assistance program. For more information please visit www.marathon-gold.com

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Except for statements of historical fact relating to Marathon Gold Corporation, certain information contained herein constitutes "forward-looking statements". Forward-looking statements include statements that are predictive in nature, depend upon or refer to future events or conditions, or include words such as "expects", "anticipates", "plans", "believes", "considers", "intends", "targets", or negative versions thereof and other similar expressions, or future or conditional verbs such as "may", "will", "should", "would" and "could". We provide forward-looking statements for the purpose of conveying information about our current expectations and plans relating to the future and readers are cautioned that such statements may not be appropriate for other purposes.  By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. These risks and uncertainties include but are not limited to those identified and reported in Marathon Gold Corporation's public filings, which may be accessed at www.sedar.com.  Other than as specifically required by law, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made, or to reflect the occurrence of unanticipated events, whether as a result of new information, future events, results or otherwise.

SOURCE Marathon Gold Corporation

For further information: Christopher Haldane, Investor Relations Manager, Tel: 1-416-987-0714, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.; Phillip Walford, President and Chief Executive Officer, Tel: 1-416-987-0711, E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Goldrich Mining Company

Exchange/Ticker: OTCQB: GRMC
Main Asset: Chandalar Gold District
Stage:
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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