ALL NEWS RELEASES

  • SouthGobi Resources Announces Extension of Delisting Review by TSX Until September 30, 2015

    HONG KONG, CHINA--(Marketwired - Aug. 30, 2015) - SouthGobi Resources Ltd. (TSX:SGQ) (HKSE:1878) ("SouthGobi" or the "Company") today announces confirmation of the extension to the Toronto Stock Exchange (the "TSX") delisting review until September 30, 2015. As announced by the Company on July 29, 2015, a meeting of the Continued Listing Committee of TSX (the "Committee") was scheduled on August 25, 2015 and their decision was expected no Read More

  • Discovery Harbour Resources Corp: Company Receives Partial Results From Phase Two Drilling

    Vancouver, British Columbia--(Newsfile Corp. - August 28, 2015) - Discovery Harbour Resources Corp. (TSXV: DHR) has completed its second drilling program at its 100-per-cent-owned 2BAR project in Nevada and has received partial assay results. This press release is published in conjunction with the Company's release of its MD&A and prior to the receipt of all final assaying results. The Company is concerned that the results (ICP and Cu-SCR21- Read More

  • Perseus Mining Limited Achieves A$92.2 Million Profit For FY2015

    PERTH, WESTERN AUSTRALIA--(Marketwired - Aug. 28, 2015) - Perseus Mining Limited ("Perseus" or the "Company") (TSX:PRU)(ASX:PRU) is pleased to announce a record profit after tax ("PAT") of A$92.2 million, or 16.7 cents per share, for the 2015 Financial Year ("FY2015"). This PAT represents an increase of A$124.2m, or 288%, on the FY2014 result. Highlights of the 2015 Financial Year results include: 26% increase in revenue 10% decrease in Read More

  • Great Panther Board Completes Review of Director Election Status

    VANCOUVER, Aug. 28, 2015 /CNW/ - GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE MKT: GPL) ("Great Panther", the "Company") announces that its board of directors (the "Board") has determined that it is not in the best interests of the Company to accept the resignation submitted by Jeffrey Mason, who was elected at the Company's Annual General Meeting of Shareholders held on June 4, 2015.  Mr. Mason did Read More

  • Pasinex Resources Announces Provisional Acquisition of New Zinc Exploration Properties in Southern Turkey

    Toronto, Ontario--(Newsfile Corp. - August 28, 2015) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") today announced the provisional acquisition of eight new properties for zinc / lead exploration in the province of Adana, Turkey. The properties were acquired through a staking process for the joint venture company Horzum A.S. (a 50 / 50 joint venture between Pasinex Turkey and Turkish mining house Akmetal A.S.). Steve Read More

  • Treasury Metals Announces Updated Resource Estimate at Goliath Gold Project: "Measured" and "Indicated" Resources Totals 1,165,800 Gold and Gold Equivalent Silver Ounces (AuEq)

    TORONTO, Aug. 28, 2015 /CNW/ - Treasury Metals Inc. ("Treasury" or the "Company") (TSX:TML) is pleased to provide an updated National Instrument 43-101 Mineral Resource Estimate (the "2015 Resource Estimate") on its 100% owned Goliath Gold Project located 20 kilometres east of Dryden, Ontario. The Resource Estimate was completed by independent consultant, P&E Mining Consultants Inc. ("P&E"). The "2015 Resource Estimate" is an update to the NI Read More

  • Platinum Group Metals Files WBJV Project 1 Technical Report

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group Metals" or the "Company") reports that further to its news release dated July 15, 2015 announcing an updated mineral resource and reserve estimate on the Company's 82.9% owned WBJV Project 1 Platinum Mine located near Rustenburg, South Africa, it has today filed the associated National Instrument 43-101 technical report. The report, entitled Read More

  • Oroco Receives 16.5 Million Shares of Goldgroup Mining Inc.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Oroco Resource Corp. (TSX VENTURE:OCO) ("Oroco" or "the Company") announces that it has received 16,500,000 common shares (the "Goldgroup Shares") of Goldgroup Mining Inc. ("Goldgroup") in settlement of the US$4,125,000 promissory note (the "Note") issued to the Company by Goldgroup pursuant to the terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Under Read More

  • Rye Patch Gold Grants Stock Options

    VANCOUVER, Aug. 28, 2015 /CNW/ - Rye Patch Gold Corp (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") announces that the Company has granted stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 1,000,000 common shares of the Company. The stock options are exercisable for a term of ten years at an exercise price of $0.16 per common share. Vesting Read More

  • Goldgroup Issues 16.5 million Common Shares to Oroco Resource Corp. and Promissory Note Update

    VANCOUVER, Aug. 28, 2015 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has issued 16,500,000 common shares to Oroco Resource Corp. ("Oroco") with respect to the acquisition of the Cerro Prieto project purchased in 2013 (see news release dated September 3, 2013). As part of the purchase agreement, the Company committed to issue 16,500,000 of its common shares or, at its option, Read More

  • Heatherdale Corporate Update

    VANCOUVER, Aug. 28, 2015 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) announces that it has issued shares as part of the payment obligations of a convertible debenture with Sino Canada Natural Resources Fund I. A total of 302,466 shares have been issued in settlement of interest payments for May 1 to July 31, 2015 as per the amended agreement, announced in the Company's December Read More

  • Catalyst Copper Closes Private Placement

    VANCOUVER, Aug. 28, 2015 /CNW/ - Catalyst Copper Corporation (TSX-V: CCY) ("Catalyst" or "the Company") announces that further to its press release of August 18, 2015 it has closed the non-brokered private placement of 3,300,000 units at a price of $0.10 per unit (increased by 300,000 units) for gross proceeds of $330,000. Each unit consists of one common share and one common share purchase warrant. Each common Read More

  • Nouveau Monde Announces Third and Final Closing of Private Placements for a Proceed of $ 1,580,525

    GATINEAU, QUÉBEC--(Marketwired - Aug. 28, 2015) - NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES. Nouveau Monde Mining Enterprises Inc. ("Nouveau Monde" or the "Corporation") (TSX VENTURE:NOU) announces the closing of the last tranche of two non-brokered private placements, the first one of a total of 7,750,167 units, at a price of $ 0.15 per Unit, for an aggregate proceeds Read More

  • Minco Gold Provides Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM)(NYSE MKT:MGH)(FRANKFURT:MI5) is pleased to announce the appointment of Mr. David Li, MBA, CPA (Illinois) as Chief Financial Officer of the Company. Mr. Li has over 20 years of international project and financial management and corporate development experience. He worked as Vice President, Asia Pacific Affairs with Alderon Iron Ore Corp. and Read More

  • Perseus Mining Limited: Response to Ghanaian News Reports

    PERTH, WESTERN AUSTRALIA--(Marketwired - Aug. 28, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Perseus Mining Limited ("Perseus" or the "Company") (TSX:PRU)(ASX:PRU) wishes to clarify some recent Ghanaian media reports involving illegal miners (locally referred to as "galamsey") and Ghana's national security forces at Ayanfuri, a town near Perseus's Edikan Gold Mine in Ghana ("Edikan"). An incident occurred when Read More

  • Almadex Minerals Limited Grants Stock Options

    VANCOUVER, BC--(Marketwired - August 28, 2015) - Almadex Minerals Limited ("Almadex" or the "Company") (TSX VENTURE: AMZ) announces that, pursuant to its Stock Option Plan, it has granted stock options to certain officers, directors, employees and consultants of the Company to purchase an aggregate 845,000 common shares in the capital of the Company at an exercise price of $0.16 per share for a period of three years.About AlmadexAlmadex Read More

  • Euromax Announces Project Manager Appointment and Related Award of Stock Options

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Euromax Resources Ltd. (TSX VENTURE:EOX)(OTC PINK:EOXFF) ("Euromax" or the "Company"), is pleased to announce that it has appointed Alan Baker as Vice President, Project & Construction Manager for its Ilovica Project in Macedonia. Alan brings over 35 years of experience in the mining sector and has a proven track record in successful project management and construction. He will take responsibility Read More

  • Focus Graphite Announces Non Brokered Offering and Closes First Tranche

    OTTAWA, ONTARIO--(Marketwired - Aug. 28, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") announces the closing of the first tranche of a non-brokered private placement (the "Offering") for gross proceeds of $429,829. The Company has issued 3,306,381 units (the "Units") at a price of $0.13 per Unit, each Unit being Read More

  • Eloro Resources Announces Financing and Proposed Shares-for-Debt Transaction

    TORONTO, ONTARIO--(Marketwired - Aug. 28, 2015) - Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro" or the "Corporation") is pleased to announce it has arranged a non-brokered private placement (the "Private Placement") of up to 1,250,000 units of Eloro at a price of $0.12 per unit ("Units") for proceeds of up to $150,000. Each Unit will consist of one common share ("Common Share") and one half of one Common Share Read More

  • Bacanora Provides Clarification Statement

    CALGARY, ALBERTA--(Marketwired - Aug. 28, 2015) - BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN)(AIM:BCN) - At the request of the Investment Industry Regulatory Organization of Canada, Bacanora is providing this clarification statement in connection with its press release dated August 27, 2015 wherein it announced the entering into of a supply agreement among Bacanora, Rare Earth Minerals plc ("REM") (AIM:REM) and, Tesla Motors, Inc. ("Tesla"), the maker Read More

  • Golden Band Resources Reports Results For The Fourth Quarter and Year Ended April 30, 2015

    SASKATOON, Aug. 28, 2015 /CNW/ - Golden Band Resources Inc. ("Golden Band" or the "Company") (TSXV: GBN) has reported results for the fourth quarter 2015 and year ended April 30, 2015. The Company incurred a net loss before the impairment provision on mine, plant and equipment in amount of $12,817,607 in 2015 compared to a loss of $36,626,706 in 2014. The management reassessed the expected cash flows Read More

  • Uracan Announces Change to Board of Directors

    VANCOUVER, Aug. 28, 2015 /CNW/ - Uracan Resources Ltd. ("Uracan" or the "Company") (TSX.V:URC) announces the resignation of Gregg Sedun as a director of the Company.  The Board would like to thank Mr. Sedun for his contributions over the past 9 years as a director, officer, as well as his co-founding role with the Company and wish him well in the future.  Mr. Sedun has advised he Read More

  • New Klondike Trading Halt

    TORONTO, ON--(Marketwired - August 28, 2015) - New Klondike Exploration Ltd. (TSX VENTURE: NK) ("New Klondike" or the "Company") is issuing this press release at the request of the TSX Venture Exchange Inc. (the "Exchange"). The Company has contravened Exchange Requirements and its previous undertaking to the Exchange, as set out in a press release dated November 8, 2013, to hold a shareholder meeting within the prescribed time. Read More

  • Evolving Gold Restates Year End Financial Statements

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Evolving Gold Corp. (CSE:EVG)(OTCQB:EVOGF)(FRANKFURT:EV7) (the "Company") announces that subsequent to the release of its financial statements for the year ending March 31st, 2015, management discovered that during the audit process, one of its vendors provided incorrect information with respect to balances owing from the Company. Accordingly, the Company has had to amend and restate its March 31st, 2015 financial statements Read More

  • Ascot Resources Intersects 1009.5 G/T Gold Over 0.90 Meter at Premier

    SURREY, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - Ascot Resources Ltd. (TSX VENTURE:AOT) - The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag. Highlights of Release: • Hole P15-843, in the "Lunchroom subzone" reported several multi-ounce intersections resulting in an uncut average of Read More

  • Major Drilling to Release First Quarter Results

    MONCTON, NEW BRUNSWICK--(Marketwired - Aug. 28, 2015) - Major Drilling Group International Inc. (TSX:MDI) (the "Company") today reported that it will release its first quarter results, ended July 31, 2015, on Thursday, September 10, 2015 after the close of the markets. Webcast/Conference Call Details Francis McGuire, President & Chief Executive Officer, and Denis Larocque, Chief Financial Officer, invite you to participate in a webcast/conference call on Friday, September Read More

  • Ashburton Assessing Lithium Claims in Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 28, 2015) - ASHBURTON VENTURES INC. (TSX VENTURE:ABR)(FRANKFURT:ARB) ("Ashburton" or the "Company") announces that it is in the process of evaluating prospective lithium claims in the state of Nevada. The Company has determined to focus its efforts in the growing lithium space in an effort to boost shareholder value. CEO Mike England states, "We now have one quality lithium prospect in Canada with Read More

  • Mukuba Resources Limited Announces Change of Management and Completion of Debt Settlement

    TORONTO, ONTARIO--(Marketwired - Aug. 28, 2015) - Mukuba Resources Limited ("Mukuba" or the "Company") (TSX VENTURE:MKU) announces changes today to its board of directors and executive management team. Incoming management includes Daniel Crandall, who joins Mukuba as Chief Executive Officer, Chief Financial Officer, and Marie-Josée Audet, who joins as Secretary. The incoming board of directors will include Mr. Crandall, Ms. Audet, and Shaun Drake. The new board and Read More

  • Atlatsa Resources Corporation - Update on delay in filing of unaudited interim financial statements

    JOHANNESBURG, Aug. 28, 2015 /CNW/ - Atlatsa Resources Corporation ("Atlatsa" or the "Company") (TSX: ATL; JSE: ATL) announced on August 14, 2015 that due to the uncertainties surrounding its operations, financial condition and the state of commodity markets, it was not in a position to file its unaudited interim financial statements for the three and six months ended June 30, 2015 ("Financial Statements") and the related management's Read More

  • Americas Silver Corporation Announces Completed Private Placement

    TORONTO, ONTARIO--(Marketwired - Aug. 28, 2015) - Americas Silver Corporation (TSX:SPM)(OTCQX:SMNPF) ("Americas Silver" or the "Company") is pleased to announce that it has closed its previously announced private placement offering and completed a change of auditors. Completed Private Placement The aggregate gross proceeds of the private placement were approximately CDN $2 million and were received prior to closing. The Company issued 11,027,555 units ("Units") at a price of Read More

  • Mr. Francois Biron Joins the Board of Directors

    MONTREAL, QUEBEC--(Marketwired - Aug. 28, 2015) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) is pleased to announce that François Biron, senior professional mining engineer has joined its Board of Directors as an independent director. Mr. François Biron is a senior professional mining engineer with 40 years of experience in the mining industry. His extensive experience in mining operations has been developed through acting in several Read More

  • Cerro Grande Mining Corporation Announces its Third Fiscal Quarter Ended June 30, 2015 Results Compared to the Comparable Period in 2014 and for the Nine Months Fiscal Period Ended June 30, 2015 Compared to the Comparable Nine Months Period in 2014

    TORONTO, Aug. 28, 2015 /CNW/ - Cerro Grande Mining Corporation (the "Company" or "CEG") (CSE:CEG)(OTCQB:CEGMF) reported its unaudited results for its third fiscal quarter ended June 30, 2015 compared to the same quarter in 2014 and results for the nine months fiscal period ended June 30, 2015 compared to the same nine months period in 2014. These financial statements and MD&A have been filed on SEDAR and the Read More

  • Berkwood Resources Ltd. Announces AGM Results

    Vancouver, B.C. / TheNewswire / August 28,2015 - Berkwood Resources Ltd. (TSX-V: BKR) ("Berkwood" or "the Company") held its Annual General Meeting on August 27, 2015, in Vancouver and is pleased to report that all resolutions proposed in the Management Proxy Circular were approved. At the AGM, shareholders voted to re-elect Shiraz (Raz) Hussein, George Gorzynski and Brian Hall as directors for the ensuing year. About Berkwood Resources: Berkwood's Read More

  • Bacanora Announces Sonora Lithium Project Signing Lithium Supply Contract

    CALGARY, ALBERTA--(Marketwired - Aug. 27, 2015) - BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN)(AIM:BCN) and Rare Earth Minerals plc ("REM") (AIM:REM), the owners of the Sonora Lithium Project(1) in Northern Mexico (Bacanora and REM are collectively referred to as the "Sonora Lithium Project Partners"), have finalised a conditional long-term lithium hydroxide supply agreement with Tesla Motors, Inc. ("Tesla"), the maker of electric vehicles and energy storage Read More

  • Freeport-McMoRan Statement Regarding Carl Icahn Filing

    PHOENIX--(BUSINESS WIRE)--After the close of the market on August 27, 2015, Carl Icahn filed a Schedule 13D regarding the acquisition of interests in Freeport-McMoRan Inc. (NYSE: FCX). FCX maintains an open dialogue with our shareholders and welcomes constructive input toward our common goal of enhancing shareholder value. Earlier today, FCX announced revised capital and operating plans in response to the recent decline in commodity prices resulting Read More

  • New Gold Announces Sale of El Morro Interest for $90 Million Cash and a 4% Gold Stream

    TORONTO, Aug. 27, 2015 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX:NGD) (NYSE MKT:NGD) today announces that the company has entered into an agreement with Goldcorp Inc. ("Goldcorp") to sell New Gold's 30% interest in the El Morro project to Goldcorp in exchange for $90 million in cash, a 4% stream on gold production from the El Morro property and the cancellation of New Gold's $93 million Read More

  • Matamec Grants Stock Options

    MONTREAL, QUEBEC--(Marketwired - Aug. 27, 2015) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) is pleased to announce that the Board decided to grant 1,275,000 stock option Company's to directors, officers and employees. All stock options, totalling 1,275,000, were granted at an exercise price of $0.10 per share, for a period of five years. These options, as well as the terms and conditions of their exercise, Read More

  • Goldcorp acquires New Gold's 30% interest in the El Morro project in Chile; Creates 50/50 joint venture with Teck's Relincho project

    VANCOUVER, Aug. 27, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to announce it has entered into an agreement to purchase New Gold Inc.'s ("New Gold") (TSX: NGD, NYSE: NGD) 30% interest in the El Morro copper-gold project in Chile.   Following the acquisition, Goldcorp will own 100% of the project.  Under the terms of the agreement, Goldcorp will pay New Gold $90 million in Read More

  • Goldcorp and Teck Combine El Morro and Relincho Projects in Chile

    SANTIAGO, CHILE--(Marketwired - Aug. 27, 2015) - GOLDCORP INC. ("Goldcorp") (TSX: G, NYSE: GG) and Teck Resources Limited ("Teck") (TSX: TCK.A & TCK.B, NYSE: TCK) today announced an agreement to combine their respective El Morro and Relincho projects, located approximately 40 kilometres apart in the Huasco Province in the Atacama region of Chile, into a single project. Teck and Goldcorp will contribute their respective project interests into a Read More

  • Turquoise Hill Resources Ltd.: Oyu Tolgoi Files Revised Schedules for 2015 Feasibility Study With Mongolian Minerals Council

    VANCOUVER, BC--(Marketwired - August 27, 2015) - Turquoise Hill Resources today announced that Oyu Tolgoi has filed revised schedules for the 2015 Oyu Tolgoi Feasibility Study (OTFS 2015) with the Mongolian Minerals Council (MMC). The filing also aligned OTFS 2015 with the Oyu Tolgoi Underground Mine Development and Financing Plan (Underground Plan), which was signed in May 2015. The MMC has already tentatively accepted OTFS 2015, originally filed Read More

  • Balmoral Updates Expansion and Delineation Programs on H3 Nickel and Bug Lake Gold Zones

    VANCOUVER, BC--(Marketwired - August 27, 2015) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) today updated its ongoing resource delineation/expansion and exploration activities on the Company's Detour Trend Project in Quebec. The summer/fall exploration program has focused on further expansion and delineation of the H3 Ni-Cu-PGE Zone and high-grade Bug Lake Gold Zones. Drilling continues on the H3 Zone and on exploration targets through Read More

  • Scorpio Gold Reports Financial Results for Second Quarter of 2015

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 27, 2015) - 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, 2015 ("Q2"). This press release should be read in conjunction with the Company's condensed consolidated interim financial statements for Q2 and Management Discussion & Analysis for the same period, available on the Company's website at www.scorpiogold.com Read More

  • First Majestic and SilverCrest Announce Receipt of Interim Order and Mailing of Meeting Materials

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 27, 2015) - First Majestic Silver Corp. ("First Majestic") (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) and SilverCrest Mines Inc. ("SilverCrest") (TSX:SVL)(NYSE MKT:SVLC)(FRANKFURT:CW5) are pleased to announce that SilverCrest has been granted an interim order from the Supreme Court of British Columbia authorizing various matters, including the holding of a special meeting of SilverCrest shareholders to consider the previously announced arrangement (the "Arrangement") among First Majestic, SilverCrest and SilverCrest Read More

  • GobiMin Announces Second Quarter 2015 Results

    TORONTO, Aug. 27, 2015 /CNW/ - (TSXV: GMN) GobiMin Inc. ("GobiMin" or the "Company") reports its financial and operating results for the second quarter of 2015.  The unaudited interim consolidated financial statements along with management's discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com).  Financial Highlights   3 months ended June 30 12 months ended   2015 Read More

  • Encanto Potash Corp. announces private placement

    VANCOUVER, Aug. 27, 2015 /CNW/ - Encanto Potash Corp. ("Encanto" or the "Company") (TSXV: EPO) announces a private placement of 8,333,333 common shares at a price of $0.12 per share for gross proceeds of $1,000,000.  The Company intends to use the proceeds for general working capital for the Company.  The shares are being purchased by Hamad M. Al-Wazzan, a director of the Company, who will also be Read More

  • Eco Oro Minerals closes non-brokered private placement

    VANCOUVER, Aug. 27, 2015 /CNW/ - Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: EOM) is pleased to announce that it has closed the non-brokered private placement first announced on August 17, 2015 (the "Offering"). The Offering consists of the sale of up to 7,677,674 common shares of the Company ("Common Shares") at a price of $0.43 per Common Share for gross aggregate proceeds to Read More

  • Almonty Announces the Filing of its Financial Statements and MD&A for the Three and Nine Month Periods Ended June 30, 2015

    TORONTO--(BUSINESS WIRE)--Almonty Industries Inc. (“Almonty” or the “Company”) (TSX-V: AII) today announced the filing of its unaudited interim condensed consolidated financial statements and management discussion & analysis (“MD&A”) for the three and nine month periods ended June 30, 2015. Unless otherwise indicated, all currency amounts contained in this news release are in thousands of Canadian dollars. The following financial information is for the periods from April Read More

  • Augyva Mining Resources Inc. Announces Results of Shareholders' Meeting

    MONTREAL, QUEBEC--(Marketwired - Aug. 27, 2015) - Augyva Mining Resources Inc. ("Augyva") (TSX VENTURE:AUV) is pleased to provide the results from its annual general and special meeting of shareholders held August 27, 2015 in Toronto (the "Meeting"). At the Meeting, shareholders elected the incumbent management nominees, Farhad Abasov, Kuldeep Billan, Sandy C.K. Chim, Louis De Jong, Curtis Johansson and Peter R. Jones to serve as directors of the Read More

  • Sarama Provides Third Update on Karankasso JV Drilling Campaign in Burkina Faso

    VANCOUVER, Aug.  27, 2015 /CNW/ - Sarama Resources Ltd. ("Sarama" or the "Company") is pleased to advise that Savary Gold Corp. ("Savary"), the operator of the Karankasso Project Joint Venture ("JV") between Sarama and Savary, provided an update on August 26, 2015 of recent drilling at the Kien East Zone. The Kien East Zone is situated in the northern-most area of a 47 kilometre long mineralised corridor Read More

  • Freeport-McMoRan Announces Further Spending Cuts in Response to Market Conditions

    PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX): Freeport-McMoRan Inc. (NYSE: FCX) announced today revised capital and operating plans in response to the recent decline in copper prices resulting in reduced capital expenditures, lower production levels and lower operating, administrative and exploration costs. These actions are the results of the previously announced review of operating plans for FCX’s mining business. 25% reduction ($700 million) in estimated 2016 Mining capital expenditures Read More

  • Oceanic Announces Change to Board of Directors

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 27, 2015) - Oceanic Iron Ore Corp. ("Oceanic", or the "Company") (TSX VENTURE:FEO) today announces the resignation of Gregg Sedun as a director of the Company. The Board would like to thank Mr. Sedun for his contributions over the past 5 years as a director, as well as his co-founding role with the Company and wish him well in the future. Mr. Sedun Read More

  • Khalkos: Results from the Annual and Special Meeting of Shareholders

    MONTREAL, QUEBEC--(Marketwired - Aug. 27, 2015) - EXPLORATION KHALKOS. ("Khalkos") (TSX VENTURE:KAS) announces that all the resolutions that were presented at the annual and special meeting on August 25, were approved by the shareholders. These resolutions include the nomination of the directors and the auditors as well as the Stock Option Plan. Shareholders elected Robert Gagnon, Jean-Paul Lacasse, Dominique Doucet, André Proulx and Nicolas Cantin to the Board Read More

  • Aviemore Mining Right

    TORONTO, ONTARIO--(Marketwired - Aug. 27, 2015) - Buffalo Coal Corp. (TSX:BUF)(JSE:BUC) ("Buffalo" or "the Company") advises shareholders that it has received a notice from the Minister of Mineral Resources in South Africa ("the Minister") withdrawing the Director-General's decision to grant Mining Right 301 ("MR301"), as well as withdrawal of the approval by the Regional Manager of the Environmental Management Plan ("EMP") in respect of that right. MR301, which Read More

  • Majestic Gold Corp. Reports 2015 Third Quarter Results

    Vancouver, British Columbia / TheNewswire / August 27, 2015 - Majestic Gold Corp. ("Majestic" or the "Company") (TSX.V: MJS, FSE: A0BK1D) reports its financial and operational results for the third quarter ended June 30, 2015. This release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and associated management discussion and analysis for the same period that are available on SEDAR (www.sedar.com) and www.majesticgold.com. Read More

  • Minera IRL Limited Reports AGM Voting Results and Appointment of New Director

    LIMA, PERU--(Marketwired - Aug. 27, 2015) - Minera IRL Limited ("Minera IRL", or the "Company") (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) announces the voting results from its annual general meeting, held on 27 August 2015 (the "Meeting"), as well as the appointment of a new director, Mr. Jaime A. Pinto. The Company put forward ten (10) resolutions to be voted on by shareholders at its annual general meeting held today. The resolutions were Read More

  • Western Lithium and Lithium Americas Remind Their Shareholders to Vote FOR the Merger

    VANCOUVER, BRITISH COLUMBIA and TORONTO, ONTARIO--(Marketwired - Aug. 27, 2015) - Western Lithium USA Corporation ("Western Lithium")(TSX:WLC)(OTCQX:WLCDF) and Lithium Americas Corp. ("Lithium Americas")(TSX:LAC) would like to remind the shareholders of Western Lithium to vote FOR the ordinary resolution approving the share issuance proposal and remind the shareholders of Lithium Americas to vote FOR the special resolution to approve the plan of arrangement (the "Arrangement") and vote FOR the Read More

  • Santacruz Silver Reports Second Quarter 2015 Financial Results

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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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Gold Royalties LLC

FEATURED JUNIOR

Balmoral Resources

Exchange/Ticker: TSX: BAR
Main Asset: Detour Gold Trend
Stage:
Exploration
Operating Region: Canada/Quebec
Profile: Balmoral Resources has assembled one of the largest portfolios of any junior mining company in the prolific Abitibi greenstone belt, where the Company controls over 700 square kilometers of prospective lands. Balmoral is exploring for high-grade gold deposits in the shadow of the head frame of Canada's largest gold mine... VIEW FULL PROFILE