ALL NEWS RELEASES

  • Cameco Reports First Quarter Financial Results

    SASKATOON, SASKATCHEWAN--(Marketwired - April 29, 2016) - ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED) Results reflective of quiet market during the first quarter Maintaining annual delivery and cost of sales guidance Undertook restructuring activities to support the long-term health and sustainability of the company Continued success ramping up Cigar Lake Lower uranium production guidance due to operational changes at Rabbit Lake, US ISR and McArthur River/Key Lake Read More

  • Buenaventura Announces First Quarter 2016 Results

    LIMA, Peru--(BUSINESS WIRE)--Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE:BVN; Lima Stock Exchange:BUE.LM), Peru’s largest publicly-traded precious metals mining company, announced today results for the first quarter (“1Q16”) period ended March 31, 2016. All figures have been prepared in accordance with IFRS (International Financial Reporting Standards) on a non GAAP basis and are stated in U.S. dollars (US$). First Quarter 2016 Highlights: In 1Q16, Read More

  • Newmarket Gold Reports Strong First Quarter 2016 Financial Results; Essentially Debt-Free; Fosterville Delivers Record Production and Low AISC of US$723

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 29, 2016) - Newmarket Gold Inc. ("Newmarket" or the "Company") (TSX:NMI)(OTCQX:NMKTF) is pleased to announce financial results for the three months ended March 31, 2016. All figures are in United States ("U.S.") dollars, unless otherwise stated. Full Financial Statements and Management Discussion & Analysis documents can be found at www.sedar.com and the Company's website, www.newmarketgoldinc.com. First Quarter 2016 Highlights Strong Financial Position: Cash Read More

  • Columbus Gold Drills 35.1 Meters of 4.1 g/t Gold, Including 19.8 Meters of 6.91 g/t Gold and 97.3 g/t Silver, at Eastside, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 29, 2016) - Columbus Gold Corp. (TSX:CGT)(OTCQX:CBGDF) ("Columbus") is pleased to report results of the first ten 2016 drill holes and of new geological work completed at its 100% owned Eastside gold project in Nevada. Highlights of the 2016 drilling include: ES-96 with 35.1 m of 4.1 g/t gold (including 19.8 m of 6.91 g/t gold and 97.3 g/t silver) ES-90 with 13.4 Read More

  • Seabridge Gold Announces Closing of C$8.7 Million Cross-Border Public Offering of Common Shares

    TORONTO, April 29, 2016 (GLOBE NEWSWIRE) -- Seabridge Gold Inc. (TSX:SEA)(NYSE:SA) (the “Company” or “Seabridge”) announced today that it has closed its previously announced cross-border public offering (the “Public Offering”) of common shares of the Company (the “Common Shares”). The Public Offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp. and including National Bank Financial Inc. and Paradigm Capital Inc. (together, the “Underwriters”) Read More

  • Golden Minerals Reports First Quarter 2016 Results

    GOLDEN, Colo., April 29, 2016 /PRNewswire/ -- Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE MKT: AUMN and TSX: AUM) announces results for the first quarter ended March 31, 2016. First Quarter Summary Revenue of (US)$1.5 million in the first quarter 2016 compared to $2.3 million in the first quarter 2015 Loss from operations of $2.3 million compared to a loss of $5.0 million in the Read More

  • Cascabel Exploration Update - Hole 16 Results Extend Alpala Central High Grade Mineralization

    OTTAWA, ONTARIO--(Marketwired - April 29, 2016) - Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study. SolGold Plc is funding 100% of the exploration at Cascabel and is the operator of the project. HIGHLIGHTS: Read More

  • Boliden’s Acquisition of Kevitsa Mine Approved by Competition Authorities

    BOLIDEN, Sweden--(BUSINESS WIRE)--Relevant competition authorities have approved Boliden’s acquisition of the nickel- and copper mine Kevitsa in Finland. With the approval from the competition authorities in Sweden, Finland and Germany, all external approvals required for closing the deal have been received. Boliden continues to work on the remaining details and the plan is to close the deal around 1 June 2016. “This acquisition is in line Read More

  • Avnel Gold Receives Approval of ESIA for the Kalana Main Project

    ST. PETER PORT, GUERNSEY--(Marketwired - April 29, 2016) - Avnel Gold Mining Limited ("Avnel" or the "Company") (TSX:AVK) is pleased to announce that the Environmental and Social Impact Assessment ("ESIA") and the associated Environmental and Social Management Plan ("ESMP") for the development of the Kalana Main Project has been approved by the Malian authorities. Approval of the ESIA was the key government approval required to advance the Kalana Read More

  • Canadian Metals Announces Positive Preliminary Economic Assessment of Langis Project

    MONTRÉAL, QUÉBEC--(Marketwired - April 28, 2016) - Canadian Metals Inc. (The "Corporation") (CSE:CME) is pleased to announce the results of a positive PEA study that was completed by Viridis.iQ GmbH in collaboration with GeoLogic, GeoForbes and Biofilia, respectively responsible for metallurgy and mineral processing, resource estimate and environmental. The PEA study demonstrates that the Project has robust economics and potential to become a profitable producer of silicon metal. Read More

  • Wallbridge Announces Private Placement and Signing a Cooperation Agreement

    TORONTO, April 29, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge") is pleased to announce that it completed a non-brokered private placement of an aggregate of 11,700,000 units in the capital of Wallbridge (the "Units") at $0.05 (Canadian) per Unit raising aggregate proceeds of $585,000 (collectively, the "Offering"). The gross proceeds of the Units sold under the Offering will be used for general working Read More

  • Teck Reports Voting Results From Annual General Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 29, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held Wednesday April 27, 2016 in Vancouver, British Columbia. A total of 7,906,959 Class A common shares and 392,780,107 Class B subordinate voting shares were voted at the meeting, representing 78.8% of the Read More

  • UPDATED Q1 2016 Financial and Operational Results Release Date and Conference Call

    VANCOUVER, April 29, 2016 /CNW/ - Eldorado Gold Corporation will now release its Q1 2016 Financial Results after the market closes on Wednesday, May 11, 2016. Paul Wright, President and Chief Executive Officer of the Company, will host a conference call on Thursday, May 12, 2016 at 8:30 am PT (11:30 AM ET). The call will be webcast and can be accessed at Eldorado Gold's website: www.eldoradogold.com Read More

  • Wesdome closes C$17 million bought deal financing

    TORONTO, April 29, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX:WDO)("Wesdome" or the "Company") is pleased to announce that it has closed its previously announced public offering (the "Offering") of 10,465,000 common shares ("Common Shares") at a price of C$1.65 per Common Share, for total gross proceeds of C$17,267,250, including the exercise in full of the over-allotment option by the underwriters. The Common Shares were sold pursuant Read More

  • Probe Metals Acquires Ivanhoe Property, Ontario

    TORONTO, ONTARIO--(Marketwired - April 29, 2016) - Probe Metals Inc. (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that the Company has acquired 100% of the Ivanhoe property (the "Property") held by Larry Gervais and Glen Shalton (the "Vendors") and optioned by GTA Resources and Mining Inc. ("GTA") in April 2014. The Property represents a land package of approximately 130 square kilometres and is located proximal Read More

  • GTA Vends Ivanhoe Property to Probe Metals

    BURLINGTON, ONTARIO--(Marketwired - April 29, 2016) - THIS PRESS RELEASE IS NOT, AND IS NOT TO BE CONSTRUED IN ANY WAY AS, AN OFFER TO BUY OR SELL SECURITIES IN THE UNITED STATES. GTA Resources and Mining Inc. (TSX VENTURE:GTA) announces the sale of its entire interest in the Ivanhoe property in northern Ontario to Probe Metals Inc (TSX: "PRB"). GTA had held the property under option from Read More

  • Western Uranium Corporation Announces the Initial Closing of Non-Brokered Private Placement of Up to Cdn$500,000 With 50% Overallotment

    TORONTO, ONTARIO and NUCLA, COLORADO--(Marketwired - April 29, 2016) - Western Uranium Corporation (CSE:WUC)(OTC PINK:WSTRF) ('Western' or the 'Company') is pleased to announce that further to its news release dated April 4, 2016, it has completed an initial Closing of Cdn.$680,760 of its non-brokered private placement (the "Offering") of 400,447 units (the "Units"), subject to final approval from the Canadian Securities Exchange. The Company issued 400,447 Units at Read More

  • Eastmain Resources Announces Management Changes

    TORONTO, ONTARIO--(Marketwired - April 29, 2016) - Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) announced today that further to its previously announced succession process, Mr. Claude Lemasson has been appointed as President and Chief Executive Officer (Interim) effective April 28, 2016. Mr. Lemasson, a highly skilled mining professional with nearly 30 years of mine development and operational experience, is the former General Manager Projects, Canada and U.S., Read More

  • Castle Resources Announces Closing of Debt Restructuring

    TORONTO, ONTARIO--(Marketwired - April 29, 2016) - Castle Resources Inc. (CSE:CRI) ("Castle" or the "Company") is pleased to announce that it has closed the comprehensive debt restructuring proposal regarding certain outstanding indebtedness of the Company on the terms as announced on March 16, 2016. The transaction was closed with Drake Private Investments, LLC ("Drake"), a "control person" of the Company, as such term is defined in the Securities Read More

  • Purepoint Uranium Group Inc. Closes Second Tranche of Private Placement

    Toronto, Ontario--(Newsfile Corp. - April 29, 2016) - Purepoint Uranium Group Inc. (TSXV: PTU) (the "Company") is pleased to announced the closing of the second tranche of the previously announced non-brokered private placement for gross proceeds of $1,139,800. The Company issued 10,984,000 common share units at a price of $0.075 per unit and 3,717,650 flow-through units at a price of $0.085 per unit. Each common share unit consists Read More

  • Cyprium Mining Corporation announces closing of private placement and other corporate transactions

    MONTREAL, April 28, 2016 /CNW/ - Cyprium Mining Corporation (TSXV: CUG) ("Cyprium" or the "Company") is pleased to announce that it has completed a second closing of its previously announced private placement of up to 8,000,000 units (the "Units") at a price of $0.065 per Unit for gross proceeds of up to $520,000 (the "Offering"). In this closing, Cyprium issued 2,300,000 Units for gross proceeds of $149,500 Read More

  • Silver Range Resources Ltd. Announces the Granting Of an Incentive Stock Option and the Surrender for Cancellation of Certain Previously Granted Incentive Stock Options

    Vancouver, British Columbia (FSCwire) - Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces that it has granted an incentive stock option to its new President and Chief Executive Officer Michael Power, P. Geo., entitling him to purchase up to a total of 450,000 common shares at a price of $0.13 for a period of five years, which option will vest on a quarterly basis commencing three months Read More

  • Meadow Bay Gold Closes Private Placement And Announces Increase In Size Of Private Placement Subject To Shareholder Approval

    Vancouver, BC / TheNewswire / April 29, 2016 Meadow Bay Gold Corporation ("Meadow Bay Gold" or the "Company") (TSX: MAY) (OTCQB: MAYGF) (Frankfurt: 20M, WKN A1C3DN) is pleased to announce the closing of a non-brokered private placement financing (the "Private Placement") consisting of the sale of 4,076,668 units ("Units") at a price of $0.06 per Unit, raising gross proceeds of $244,600.08. Each Unit consists of one common share Read More

  • King’s Bay Gold Corporation Announces Closing of Private Placement

    Vancouver, British Columbia (FSCwire) - Kings Bay Gold Corporation (TSXv: KBG) (“King’s Bay” or the “Company”) announces that it has closed a private placement of 153,834,320 shares at a price of $0.005 per share for proceeds of $771,671.60. The shares issued pursuant to the private placement are subject to a statutory hold period expiring four months and one day after August 27, 2016. Insiders of the Company Read More

  • Hudbay Announces First Quarter 2016 Results

    TORONTO, ON--(Marketwired - April 28, 2016) - HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM) (NYSE: HBM) today released its first quarter 2016 financial results. All amounts are in US dollars, unless otherwise noted. Summary: Over 150% growth in copper production compared to the first quarter of 2015 Continued ongoing cost reduction efforts and economies of scale resulting in consolidated cash cost, net of by-product credits, of Read More

  • First Quantum Minerals Reports First Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - April 28, 2016) - (In United States dollars, except where noted otherwise) First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM)(LSE:FQM) today announced comparative earnings1 of $63 million ($0.09 per share) and cash flows from continuing operating activities2 of $254 million ($0.37 per share1) for the three months ended March 31, 2016. FIRST QUARTER 2016 HIGHLIGHTS2 Achieved the highest quarterly copper production and sales Read More

  • Agnico Eagle Reports First Quarter 2016 Operating and Financial Results - Continued Strong Operational Performance - Amaruq, El Barqueno and Barsele Drill Programs Yield Positive Results

    TORONTO, April 28, 2016 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM, TSX:AEM) ("Agnico Eagle" or the "Company") today reported quarterly net income of $27.8 million, or $0.13 per share, for the first quarter of 2016. This result includes unrealized gains on financial instruments of $9.6 million ($0.04 per share), non-cash foreign currency translation gains on deferred tax liabilities of $8.0 million ($0.04 per share), non-cash foreign Read More

  • B2Gold Corp. Reports Quarterly Gold Production for First Quarter 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 27, 2016) - B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG)(NAMIBIAN:B2G) ("B2Gold" or the "Company") is pleased to announce its gold production and revenue for the first quarter of 2016. All dollar figures are in United States dollars unless otherwise indicated. 2016 First Quarter Highlights Consolidated gold production of 127,844 ounces; 10% greater than in the same period in 2015 and 8,966 ounces better than budget Gold Read More

  • OceanaGold achieves record quarterly gold production in the first quarter 2016

    MELBOURNE, April 28, 2016 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) (the "Company") is pleased to release its first quarter 2016 financial and operational results for the quarter ended 31 March 2016. Details of the consolidated financial statements and the Management Discussion and Analysis ("MD&A") are available on the Company's website at www.oceanagold.com Key Highlights Reduced the Total Recordable Injury Frequency Rate to 2.57 per million man hours Read More

  • Golden Star Resources Announces US$15 Million Bought Deal Financing

    TORONTO, ONTARIO--(Marketwired - April 28, 2016) - Golden Star Resources Ltd. (NYSE MKT:GSS)(TSX:GSC)(GHANA:GSR) ("Golden Star" or the "Company") has announced today that it has entered into an agreement with BMO Capital Markets (the "Underwriter"), under which BMO Capital Markets has agreed to buy on bought deal basis 22,750,000 common shares (the "Common Shares"), at a price of US$0.66 per Common Share for gross proceeds of approximately US$15 million Read More

  • NOVAGOLD Reports on Permitting Process at Donlin Gold

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - NOVAGOLD RESOURCES INC. (TSX:NG)(NYSE MKT:NG) is pleased to provide an update on its permitting activities regarding the Donlin Gold project. Permitting of the Donlin Gold project and associated key infrastructure commenced in 2012, a process well advanced into the expected time frame of approximately five years under the National Environmental Policy Act (NEPA). Donlin Gold continues to work closely with Read More

  • SilverCrest Announces Additional High Grade Underground Results At Las Chispas; Commencement of Surface Drilling Program

    VANCOUVER, April 28, 2016 /CNW/ - SilverCrest Metals Inc. ("SilverCrest" or the "Company") is pleased to announce additional results from the underground channel sampling program and the commencement of a surface drilling program at its Las Chispas Project ("Las Chispas") located in Sonora, Mexico, as previously announced on March 2, 2016. Las Chispas is in a prolific mining area with nearby precious metal producers. Historical reports indicate Read More

  • UEX Announces $4.0 Million "Flow-Through" Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - UEX Corporation (TSX:UEX) ("UEX" or the "Company") is pleased to announce that it has entered into an agreement with Primary Capital Inc. (the "Agent") under which the Agent has agreed to act as agent for the offering of 16,000,000 common shares of the Company which will qualify as "flow-through" shares pursuant to the Income Tax Act (Canada) (the "Offering") at Read More

  • Cliffs Natural Resources Inc. Reports First-Quarter 2016 Results

    CLEVELAND, April 28, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported first-quarter results for the period ended March 31, 2016. First-quarter 2016 consolidated revenues of $306 million decreased 32 percent from the prior year's first-quarter revenues of $446 million. Cost of goods sold decreased by 25 percent to $275 million compared to $365 million reported in the first quarter of 2015. For the first Read More

  • PotashCorp Reports First-Quarter Earnings of $0.09 per Share

    CEO Commentary"Lower prices for all nutrients weighed on our performance for the quarter and contributed to a more subdued outlook for the year," said PotashCorp President and Chief Executive Officer Jochen Tilk. "In potash, the deferral of new contracts in China led to cautious buying patterns in other regions, resulting in a weaker demand environment and lower prices." "Amidst this backdrop, we took meaningful steps during Read More

  • BonTerra Resources Receives Approval on Acquisition of Larder Lake Property from Kerr Mines Inc.

    Vancouver, BC / TheNewswire / April 28, 2016: BonTerra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the "Company" or "BonTerra") is pleased to announce that the Company has received TSX Venture Exchange ("Exchange") approval on its acquisition agreement for 100% interest in the Larder Lake Property (the "Property") from Kerr Mines Inc. ("Kerr Mines"), located in the McVittie and McGarry Townships of Ontario, Canada. "We are extremely Read More

  • First Mining Finance Completes Acquisition of the Pitt Gold Property From Brionor Resources Inc.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - First Mining Finance Corp. ("First Mining") (TSX VENTURE:FF)(OTCQB:FFMGF) and Brionor Resources Inc. ("Brionor") (TSX VENTURE:BNR) are pleased to announce the successful completion of the previously announced acquisition by First Mining of the "Pitt Gold Property" from Brionor (the "Pitt Gold Acquisition"). The total consideration paid by First Mining for the Pitt Gold Acquisition was CDN$1,250,000, of which CDN$250,000 was paid Read More

  • Cornerstone Signs LOI to Acquire Topley Property

    Vancouver, British Columbia--(Newsfile Corp. - April 28, 2016) - Cornerstone Metals Inc. (TSXV: CCC) ("Cornerstone" or the "Company") is pleased to announce that it has signed a non-binding Letter of Intent ("LOI") with private interests ("Owners") outlining the terms of a transaction. The Transaction is proposed to be implemented through an Option Agreement, pursuant to which the Owners will grant to CCC an option to acquire from them Read More

  • Coro Intersects Substantial Copper Mineralization in First 8 Holes of Marimaca Drilling

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce the results of the first 8 holes from a recently completed 16 hole, 2680m reverse circulation (RC) drilling program at its Marimaca copper project, located 22km E of the port of Mejillones in the II Region of Chile. (Fig. 1) The Marimaca property contains a number of N-S Read More

  • Excelsior Appoints New Chief Financial Officer

    VANCOUVER, BC--(Marketwired - April 28, 2016) - Excelsior Mining Corp. (TSX VENTURE: MIN) (FRANKFURT: 3XS) (OTCQX: EXMGF) ("Excelsior" or the "Company") is pleased to announce the appointment of Mr. Mark Distler as Chief Financial Officer. Mr. Distler has replaced Carlo Valente who had served as the Company's CFO since December, 2014. The Company thanks Mr. Valente for his invaluable contributions during his tenure. This change is part of Read More

  • Dundee Precious Metals Completes Sale of Kapan to Polymetal International

    TORONTO, ONTARIO--(Marketwired - April 28, 2016) - Dundee Precious Metals Inc. (TSX:DPM) ("DPM" or "the Company") is pleased to announce that it has completed the previously announced sale of the Kapan mine located in Armenia to Polymetal International Plc ("Polymetal"). "We are pleased to announce that the sale of the Kapan Mine to Polymetal has been completed," stated Rick Howes, President and CEO. "The proceeds from the sale Read More

  • Teranga Gold Strengthens Management Team with Appointment of Chief Operating Officer and Vice President, Exploration

    TORONTO, ONTARIO--(Marketwired - April 28, 2016) - Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to announce that it is strengthening its management team and increasing its focus on exploration with the appointments of Paul Chawrun to Chief Operating Officer and David Mallo to Vice President, Exploration. "These management changes underscore our commitment to achieving operational excellence and exploration success on our large and highly prospective Read More

  • Atlantic Gold Secures $25 Million in Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters for a bought deal private placement financing of $12.5 million (the "Brokered Offering") through the issuance of 20,833,400 common shares Read More

  • Titanium Corporation Reports Fiscal Year 2016 Second Quarter Results

    CALGARY, ALBERTA--(Marketwired - April 28, 2016) - Titanium Corporation Inc. (the "Company" or "Titanium") (TSX VENTURE:TIC) today released its results for the second quarter ended February 29, 2016. In recent months, the Alberta and Federal Governments have announced a series of programs and measures to address climate change, provide stimulus for the Alberta and Canadian economies and foster economic diversification. The announced programs are described in more detail Read More

  • New Gold Announces Results of Vote for Election of Board of Directors

    TORONTO, April 28, 2016 /CNW/ - New Gold Inc. ("New Gold") (TSX:NGD) (NYSE MKT:NGD) today announces the voting results from the election of its Board of Directors at New Gold's Annual General Meeting of Shareholders (the "Meeting") held on April 27, 2016 in Toronto, Ontario. The director nominees listed in the Management Information Circular dated March 4, 2016 were elected as directors of New Gold at the Read More

  • Capstone Mining Reports Annual General Meeting Voting Results

    VANCOUVER, April 28, 2016 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced the voting results from its 2016 Annual General Meeting held Wednesday, April 27, 2016 in Vancouver, British Columbia. A total of 246,256,131 common shares were voted at the meeting, representing 63.65% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, including Read More

  • THEMAC Enters Into Letter of Intent With Yunnan Haliliya

    VANCOUVER, BC--(Marketwired - April 28, 2016) - THEMAC Resources Group Limited (TSX VENTURE: MAC) ("THEMAC" or the "Company") announces that it has entered into a letter of intent effective as at 26 April, 2016 (the "LOI") with Yunnan Haliliya Nonferrous Metal Import and Export Co. Ltd. ("Yunnan Haliliya"). The LOI is the first step towards establishing a framework for investment by Yunnan Haliliya in the Company's wholly owned Read More

  • Brixton Metals Acquires the Past Producer Hudson Bay Silver Mine

    VANCOUVER, BC--(Marketwired - April 28, 2016) - Brixton Metals Corporation (TSX VENTURE: BBB) (the "Company" or "Brixton") is pleased to announce that it has acquired 100% control over the past producing Hudson Bay silver mine in the Cobalt mining camp of Ontario. Brixton acquired the remaining interest in the Hudson Bay property through the issuance of 27,300 common shares and a cash payment of $1,000 (as previously disclosed Read More

  • Silver Bear Announces Entering Into Non-Binding Term Sheet for Mangazeisky Silver Project Debt Funding Package

    TORONTO, ONTARIO--(Marketwired - April 28, 2016) - Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX:SBR) is pleased to announce that it has entered into a non-binding term sheet (the "Term Sheet") with the Company's major shareholders, Inflection Management Corporation Limited ("Inflection") and A.B. Aterra Resources Ltd. ("Aterra" and together with Inflection, the "Lenders"), for a comprehensive secured debt funding package (the "Debt Funding Package") for the Read More

  • Teck Reports 2015 Sustainability Performance

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck"), has released its 15th annual Sustainability Report, covering the company's performance in 2015 and progress towards its short- and long-term sustainability goals. "At Teck, we are committed to developing resources in a manner that is socially and environmentally responsible and makes a positive contribution to the communities where we operate," Read More

  • Centerra Gold Reports Search of Kumtor Gold Company's Bishkek Office

    TORONTO, ON--(Marketwired - April 28, 2016) - Centerra Gold Inc. (TSX: CG) ("Centerra" or the "Company") reports that the Kyrgyz Republic General Prosecutor's Office ("GPO") and other state law enforcement agencies conducted a search at the Bishkek offices of Kumtor Gold Company ("KGC"), Centerra's wholly-owned, Kyrgyz Republic subsidiary, on the afternoon of Thursday, April 28. According to a news release issued by the GPO, the purpose of the Read More

  • Durango Joint Ventures NMX East Lithium & Buckshot Graphite Projects

    Vancouver, BC / TheNewswire / April 28, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") is pleased to announce that it has entered into a joint venture agreement with BC Anthracite Inc. ("BCA"), in relation to the Company's NMX East Lithium Project ("NMX East") and Buckshot Graphite Project ("Buckshot"). The NMX East Project is approximately 700 hectares and is contiguous with Nemaska Lithium Corp.'s (TSX.V-NMX) proposed Whabouchi Read More

  • Nicola Mining Increases Land Package with the Acquisition of the Montwest Claim

    VANCOUVER, B.C., / TheNewswire / April 28, 2016 - Nicola Mining Inc. (the "Company" or "Nicola") is pleased to announce that it has recently added an additional mineral tenure, approximately 1280 hectares, to its Thule mineral claim package. Referred to as the Montwest claim, it is situated to the west of the southern extension of the north-south trending Lornex Fault. The claim is situated within the Lower Cretaceous Spences Read More

  • Nikos Stakes Additional Claims Increases Area of Borden Lake Extension Property to 55 Square Kilometres

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - Nikos Explorations Ltd. (TSX VENTURE:NIK) ("Nikos" or the "Company") is pleased to announce that it has staked an additional nine claims covering an area of 1,872 hectares at its Borden Lake Extension property near Chapleau, Ontario. The new claims tie on to the south of the Company's existing claims and increase the area of the property to approximately 55 square Read More

  • Alix Completes Sampling Program at Jackpot Lithium Property, Ontario

    Vancouver, British Columbia (FSCwire) - ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) announces it has completed an initial sampling program at its Jackpot Lithium property (“Jackpot Property”) located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario. Approximately 90 kg of spodumene-bearing pegmatite rocks were collected from the surface and will be sent to the laboratory for assaying. At the request of Read More

  • Ashburton to Commence Work at Whabouchi South Lithium Project

    Vancouver, British Columbia (FSCwire) - ASHBURTON VENTURES INC. (ABR-TSX:V) (ARB-FRANKFURT) (“Ashburton” or the "Company”) is pleased to announce an initial ground based geo-physical program is set to commence in the coming week at its Whabouchi South Lithium Project adjoining Nemaska Lithium Inc’s (NMX-TSX:V) Whabouchi Project. Ashburton’s Whabouchi South Lithium borders Nemaska Lithium Inc.’s Whabouchi project to the south and is less than 1.2 km south of Nemaska’s Read More

  • Atlantic Gold Secures Buyout Option for Touquoy Deposit

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - All figures presented in Canadian Dollars, unless specified otherwise Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to announce that its wholly owned subsidiary, DDV Gold Limited ("DDV"), has secured an option to purchase the interest of its partner Moose River Resources Inc. ("MRRI") in the Touquoy deposit. DDV has been granted an option to purchase MRRI's Read More

  • Critical Elements and Lomiko to Explore Bourier Lithium Property in Quebec for Electric Vehicle Market

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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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Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
Production
Operating Region: U.S./California
Profile: Golden Queen Mining is producing gold and silver at the Soledad Mountain Project located just outside the town of Mojave in Kern County, California. The project is utilizing conventional open pit mining methods and cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. Production is projected to average 74,000 ounces of gold and 781,000 ounces of silver... VIEW FULL PROFILE