ALL NEWS RELEASES

  • Newmarket Gold Reports Strong Q2 Results; Increases 2016 Production Guidance on Record Quarterly Production of 61,191 Oz

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2016) - Newmarket Gold Inc. ("Newmarket Gold" or the "Company") (TSX:NMI)(OTCQX:NMKTF) is pleased to announce financial results for the three and six months ended June 30, 2016. Full Financial Statements and Management Discussion & Analysis documents can be found at www.sedar.com and the Company's website, www.newmarketgoldinc.com. All figures are in United States ("U.S") dollars, unless otherwise stated. Second Quarter 2016 Highlights 2016 Read More

  • Eldorado Gold Reports Second Quarter 2016 Results

    VANCOUVER, July 28, 2016 /CNW/ - Eldorado Gold Corporation, ("Eldorado" or "the Company") is pleased to announce the Company's financial and operational results for the second quarter ended June 30, 2016.  Eldorado reported gold production of 124,110 ounces (2015: 181,160 oz) at an average cash operating cost of $607 per ounce (2015: $569/oz).  Adjusted net earnings for the quarter was $11.7 million ($0.01 per share) compared to Read More

  • Yamana Gold Announces Second Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or "the Company") is herein reporting its financial and operational results for the second quarter 2016, including total gold production of 313,086 ounces, revenue of $466.5 million, net earnings(1) of $32.9 million or $0.03 per share, and adjusted earnings(1,2) of $5.4 million or $0.01 per share. Additional highlights are provided below. In addition, the Company is Read More

  • Dundee Precious Metals Reports 2016 Second Quarter Results

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Dundee Precious Metals Inc. (TSX:DPM) - (All monetary figures are expressed in U.S. dollars unless otherwise stated) Q2 2016 Financial and Operating Highlights: Metals production from continuing operations - Achieved gold and copper production, including gold in pyrite concentrate, of 38,092 ounces and 9.6 million pounds, respectively, in line with 2016 guidance; All-in sustaining cost per ounce of gold from continuing operations - Achieved Read More

  • Nevsun Resources Exceeds H1 2016 Production Guidance and Beats Cash Cost Guidance

    VANCOUVER, July 28, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU)(NYSE MKT:NSU) ("Nevsun" or the "Company") is pleased to report its financial and operating results for the three and six months ended June 30, 2016.  Unless otherwise noted, with the exception of earnings per share and realized price and cost per pound figures, all financial results are in millions of US dollars. Second quarter 2016 highlights Continued first Read More

  • Endeavour Reports Second Quarter 2016 Results; On-Track to Meet Full-Year Guidance

    GEORGE TOWN, Grand Cayman, July 28, 2016 (GLOBE NEWSWIRE) -- Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) is pleased to announce its financial and operating results for the quarter ended June 30, 2016, with highlights provided in the table below. Table  1: Key Operational and Financial Highlights (in US$) Quarter ended,   Six months ended, Q2-2016 Q1-2016 Q2-2015   June 30, 2016 June 30, 2015 Variance Gold Production, oz* 138,487 Read More

  • Argonaut Gold Receives Favourable Ruling In Federal Lawsuit Relating to San Antonio Permit

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Argonaut Gold Inc. (TSX:AR) (the "Company", "Argonaut Gold" or "Argonaut") announces that the federal court of appeals has issued a favourable ruling regarding its Federal lawsuit arising from the denial of the Environmental Impact Assessment (Manifiesto de Impacto or MIA) for its San Antonio project in Baja California Sur, Mexico. On August 2, 2012, the Company was denied its Environmental Impact Read More

  • Premier Gold Mines Limited Signs Definitive Agreement to Purchase Mercedes Mine from Yamana Gold

    THUNDER BAY, ON, July 28, 2016 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier") (TSX:PG) is pleased to announce that it has entered into a definitive share purchase agreement (the "Share Purchase Agreement") with Yamana Gold Inc. ("Yamana") pursuant to which Premier has agreed to acquire (the "Acquisition") Yamana's Mercedes mine and exploration properties located in the state of Sonora, northwest Mexico, within the Cucurpe municipality (collectively, the Read More

  • Wealth Minerals Signs LOI to Acquire Quisco Project, Salar de Quisquiro, Chile

    VANCOUVER, July 29, 2016 /CNW/ - Wealth Minerals Ltd. (the "Company" or "Wealth") - (TSXV: WML; OTCQB: WMLLF; SSE: WMLCL; Frankfurt: EJZ), announces that it has executed a Letter of Intent (the "LOI") to enter into an option agreement giving it the right to acquire a 100% royalty-free interest in the Quisco 1 to 9 exploration concessions (the "Property") located in the Quisquiro Salar in Region II of Read More

  • Tango Announces Extension for Acquisition of BK11 Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2016) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that Firestone Diamonds Limited ("Firestone"), has agreed to extend the date by when all conditions for the Company's acquisition of Firestone's past producing BK11 Kimberlite Diamond Mine ("BK11 Mine"), Botswana (the "Acquisition") must be satisfied. As announced on 9 July 2015, the Company entered into a Sale Read More

  • Macarthur Minerals Raises $892,080 Through Warrant Exercises

    VANCOUVER, BC --(Marketwired - July 29, 2016) - Macarthur Minerals Limited (TSX VENTURE: MMS) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Macarthur Minerals Limited (TSX VENTURE: MMS) (the "Company" or "Macarthur Minerals") is pleased to announce that it has received gross proceeds of $892,080 from the exercise of 17,841,591 five cent warrants issued in Tranche 1 and Read More

  • EnGold Arranges $640,000 Private Placement Offering

    Vancouver, British Columbia--(Newsfile Corp. - July 29, 2016) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold," www.engold.ca, formerly GWR Resources Inc.) reports that EnGold has arranged a non-brokered private placement offering (the "Offering") consisting of 7,000,000 flow-through ("FT") units at $0.07 per FT unit and 3,000,000 non flow-through units at $0.05 per non FT unit for expected gross proceeds of $640,000. The FT Read More

  • Kincora Closes Private Placement and Converts Debt

    VANCOUVER, July 28, 2016 /CNW/ - Kincora Copper Limited (TSX.V: KCC) ("Kincora" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement for gross proceeds of $1,053,060 through the issuance of 3,510,200 shares at a price of C$0.30 per share (the "Offering"), subject to TSX-V approval. Concurrent with, and on the same terms of, closing the non-brokered price placement 6,666,667 Read More

  • Euromax Announces Results of Annual General Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2016) - Euromax Resources Ltd. (TSX:EOX) ("Euromax" or the "Company") is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 23 June 2016, were duly passed at its Annual General Meeting held in Skopje, Macedonia on Thursday, 28 July 2016. The Board & Management wishes to express its thanks to all shareholders for their support. Read More

  • Western Uranium Corporation Provides Results of Annual General and Special Meeting

    TORONTO, ONTARIO and NUCLA, COLORADO--(Marketwired - July 29, 2016) - Western Uranium Corporation (CSE:WUC)(OTCQX:WSTRF) ("Western" or the "Company") is pleased to announce the results of the Company's Annual General and Special Meeting ("Meeting") held on July 25, 2016 in Toronto, Ontario. All resolutions were passed by shareholders. Proxy votes were cast for a total of 11,286,559 common shares, representing 67% of outstanding shares as at the record date Read More

  • Southern Arc Appoints New CFO

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2016) - Southern Arc Minerals (TSX VENTURE:SA) ("Southern Arc" or the "Company") is pleased to announce that Vincent Boon, currently the Company's Controller, will succeed Danny Lee as Chief Financial Officer. "I would like to thank Danny for his contribution to the Company over the last three years, and wish him great success in his future endeavors," said John Proust, Chairman & Read More

  • Murchison Minerals Announces Share Consolidation

    Toronto, Ontario (FSCwire) - Murchison Minerals Ltd. (“Murchison” or the “Company”) (CSE: MUR) announces that it intends to consolidate its current issued and outstanding share capital on a 10 old for 1 new basis (the “Consolidation”) as previously announced.  The record date for the Consolidation is August 12, 2016. At an annual and special meeting of the shareholders of the Company held on April 6, 2016, shareholders Read More

  • Yamana Gold Makes Decision to Move Forward With C1 Santa Luz Recomissioning

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or "the Company") is pleased to announce a positive decision to recommission its C1 Santa Luz project ("C1 Santa Luz"), located in Bahia, Brazil. This decision follows the completion of the financial and technical analyses relating to recommissioning which have been ongoing since the project was placed on care and maintenance in 2014 pending further clarification Read More

  • Detour Gold Announces Second Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports its operational and financial results for the second quarter of 2016. This release should be read in conjunction with the Company's second quarter 2016 Financial Statements and MD&A on the Company's website or on SEDAR. All amounts are in U.S. dollars unless otherwise indicated. In this news release, the Company uses Read More

  • Cameco Reports Second Quarter Financial Results

    SASKATOON, SASKATCHEWAN--(Marketwired - July 28, 2016) - ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED) Maintaining annual delivery and cost of sales guidance Signed an agreement with Kazatomprom to restructure and enhance JV Inkai Continued focus on controlling costs amid difficult market conditions Cameco (TSX:CCO)(NYSE:CCJ) today reported its consolidated financial and operating results for the second quarter ended June 30, 2016 in accordance with International Financial Reporting Standards Read More

  • OceanaGold Reports Q2 2016 Operational and Financial Results

    MELBOURNE, July 28, 2016 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) (the "Company") is pleased to release its financial and operational results for the quarter and half year ended 30 June 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 Continued to advance the construction of the Haile Gold Mine which remains on Read More

  • Marathon Gold Drills 2.19 g/t Au Over 39 Meters (TT) and 1.48 g/t Au Over 45.5 Meters (TT) at Valentine Gold Camp

    TORONTO, ON--(Marketwired - July 28, 2016) - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) is pleased to announce positive results from new drilling at the Marathon Deposit, Valentine Gold Camp. Drill hole MA-16-101 and extended drill hole MA-15-032 intercepted wide intervals of gold mineralization for up to 150 meters down-dip of previous drilling on the Marathon Deposit (Figures 1 and 2). This deeper drilling confirms that Read More

  • Teck Resources Reports Second Quarter 2016 Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - All dollar amounts expressed in this news release are in Canadian dollars unless otherwise noted. Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") reported profit attributable to shareholders of $15 million ($0.03 per share) compared with $63 million ($0.11 per share) a year ago. Adjusted profit attributable to shareholders was $3 million, or $0.01 per share, compared with Read More

  • Lithium X Energy to Commence Drilling at Clayton Valley North, Nevada

    VANCOUVER, July 28, 2016 /CNW/ - Lithium X Energy Corp. ("Lithium X", or the "Company") (TSX-V: LIX) (OTCQB: LIXXF)  is pleased to announce it has mobilized a drill rig to commence the Phase 1 exploration program at its Clayton Valley North Lithium Project (the "Project") in Nevada. Clayton Valley is home to Albemarle's Silver Peak mine, the only lithium production facility in North America. Lithium X controls Read More

  • Teranga Gold Sets New Production Records for Second Quarter and First Six Months

    Teranga Gold Corporation ("Teranga" or the "Company") (TSX:TGZ)(ASX:TGZ) is pleased to report its financial and operating results for the second quarter ended June 30, 2016. Second Quarter 2016 Financial & Operating Highlights Surpasses more than 10 million hours worked without a lost time incident at the Company's Sabodala gold operation Best ever production(1) record of 52,540 ounces for second quarter and 123,267 ounces for first half Read More

  • Caledonia Mining Announces Resource Update at Blanket Mine, Zimbabwe

    SAINT HELIER, CHANNEL ISLANDS--(Marketwired - July 28, 2016) - Caledonia Mining Corporation Plc ("Caledonia" or the "Company") (TSX:CAL)(OTCQX:CALVF)(AIM:CMCL) is pleased to announce an increase and upgrade to the resource base at its 49% owned subsidiary, the Blanket Mine in Zimbabwe. Based on the diamond core drilling that has been done at depth below the Blanket Section over the past half year, 343,000 tonnes have been upgraded from the Read More

  • Detour Gold Reports Positive Drilling Results from Lower Detour

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports positive results from its 2016 winter drilling program at Lower Detour, which targeted Zone 58N located approximately six kilometres south of its flagship Detour Lake gold mine (refer to Table 1). During the 2016 winter drilling program, the Company completed 36,830 metres of infill drilling in 119 holes at a 25 Read More

  • PotashCorp Reports Second-Quarter Earnings of $0.14 per Share

    Key Highlights Second-quarter earnings of $0.14 per share1, including: Share of Canpotex's2 Prince Rupert project exit costs of $0.02 per share Unfavorable discount rate adjustment to asset retirement obligations of $0.01 per share Impairment of investment in Sinofert Holdings Limited (Sinofert) of $0.01 per share Intend to reduce quarterly dividend by 60 percent to $0.10 per share Full-year 2016 earnings guidance lowered to $0.40-$0.55 per share, Read More

  • GoldQuest To Commence 10,000 Metre Drill Program at Tireo Property in August

    VANCOUVER, BC--(Marketwired - July 28, 2016) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") has signed a contract with Energold Drilling for a 10,000 metre diamond drilling program at the Company's 100%-owned Tireo Property in the Dominican Republic. All the holes will be targeting newly recognized zones of potential mineralization following the recently completed substantial ground induced polarization ("IP") survey. "We Read More

  • Nemaska Lithium Drilling Program at Whabouchi Lithium Project Progressing Well

    QUEBEC CITY, QUEBEC--(Marketwired - July 28, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX:NMX)(OTCQX:NMKEF) is pleased to provide an update on the previously announced definition drilling campaign for its Whabouchi lithium project (44 drill holes over 13,700 m). The drilling is progressing at a faster than expected rate, and to date Nemaska Lithium has drilled 22 holes totalling 5,935 metres. The drill hole are oriented Read More

  • Yamana Gold Declares Third Quarter Dividend

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or the "Company") declares a third quarter 2016 dividend of $0.005 per share. Shareholders of record at the close of business on September 30, 2016 will be entitled to receive payment of this dividend on October 14, 2016. The dividend is an "eligible dividend" for Canadian tax purposes. About Yamana Yamana is a Canadian-based gold producer Read More

  • Cliffs Natural Resources Reports Second-Quarter 2016 Results

    CLEVELAND, July 28, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported second-quarter results for the period ended June 30, 2016. Second-quarter 2016 consolidated revenues of $496 million were relatively flat compared to the prior year's second-quarter revenues of $498 million. Cost of goods sold decreased by 8 percent to $405 million compared to $441 million reported in the second quarter of 2015. For the Read More

  • Dominion Diamond Announces Establishment of Automatic Securities Purchase Plan under its Share Repurchase Program

    YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX: DDC, NYSE: DDC) (the “Company” or “Dominion”) announces that the Toronto Stock Exchange (“TSX”) has accepted its entry into an automatic securities purchase plan (“ASPP”) in order to facilitate repurchases of its common shares under the Company’s previously announced normal course issuer bid to purchase for cancellation up to 6,150,010 common shares, pursuant to the rules and regulations of Read More

  • Uranium Energy Corp Announces Results of Annual General Meeting

    CORPUS CHRISTI, TX, July 28, 2016 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company" or "UEC") is pleased to announce that, in conjunction with the holding of the Company's recent annual general meeting of stockholders on July 28, 2016, the following matters were duly ratified by the Company's stockholders and have now been implemented by the Board of Directors in the following manner: Amir Adnani, Read More

  • Yamana Gold Announces Sale of its Mercedes Mine in Mexico

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or "the Company") is pleased to announce that it has entered into a definitive Share Purchase Agreement (the "Agreement") to sell 100% of its interest in the Mercedes mine in Sonora, Mexico to Premier Gold Mines Limited ("Premier") (herein referred to as the "Transaction"). Pursuant to the Agreement, Yamana will receive consideration in the form of Read More

  • TerraX Minerals Commences Drilling at Mispickel Target, Yellowknife City Gold Project

    YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwired - July 28, 2016) - TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(OTC PINK:TRXXF) is pleased to announce that it has commenced a 27,000 metre drill program on its wholly-owned Yellowknife City Gold project ("YCG") in the Northwest Territories. Drilling is now underway on the Mispickel target, where drilling during the winter of 2016 returned discovery holes of 8.60 m @ 12.87 g/t Au and 7.30 m @ 23.60 g/t Read More

  • Strategic Metals Reports More High Grade Assays From Its Hartless Joe Property in Yukon Territory

    VANCOUVER, BC--(Marketwired - July 28, 2016) - Strategic Metals Ltd. (TSX VENTURE: SMD) ("Strategic") is pleased to announce results from Phase 1 exploration work on its Hartless Joe property, located 28 km east-northeast of Whitehorse in southern Yukon Territory. High grade results were obtained from three separate showings located in the north-central portion of the property. Highlights from continuous chip samples taken from bedrock exposed in hand trenches Read More

  • Rubicon Minerals Addresses Recent Trading Activity

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - At the request of the Investment Industry Regulatory Organization of Canada ("IIROC") on behalf of the Toronto Stock Exchange ("TSX"), Rubicon Minerals Corporation (TSX:RMX)(OTC PINK:RBYCF) ("Rubicon" or the "Company") is providing remarks on the recent trading activity of its common shares on the Toronto Stock Exchange and U.S. over-the-counter markets. It is the Company's policy to not comment on market speculation Read More

  • Aldridge Minerals Provides Financing Update

    TORONTO--(BUSINESS WIRE)--Aldridge Minerals Inc. (TSX-V: AGM) (“Aldridge” or the “Company”) announced that the Company is in advanced stage discussions with Orion Fund JV Limited, an affiliate of Orion Mine Finance (“Orion”), with respect to a potential silver stream transaction (the “Potential Transaction”) the proceeds of which would be used to repay outstanding indebtedness owing by the Company under its existing US$35,000,000 loan facility with Orion (the Read More

  • Goldstrike Raises $2,500,000 from Warrant Exercises

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(OTC PINK:APRAF)(FRANKFURT:KCG1) is pleased to announce that it received $2,331,450.60 from the exercise of 15,543,004 warrants at the price of $0.15 each prior to the expiry time for those warrants on July 26, 2015. In addition, the Company has received $160,000 from the exercise of 1,600,000 warrants at the price of $0.10 each and $26,400 from Read More

  • NQ Exploration Inc. Enters Into a LOI to Acquire a 15% Interest A&M Resource Colombia SAS' Colombian Coal Project

    LAVAL, QUEBEC--(Marketwired - July 28, 2016) - NQ Exploration Inc. ("NQ") (TSX VENTURE:NQE) announces the signing of an arm's length binding letter of intent (the "LOI") with A&M Resources USA LLC ("A&M"), a private company existing under the laws of Florida, pursuant to which NQ may acquire from A&M resource Colombia SAS, a wholly-owned subsidiary of A&M, a 15% undivided interest in a coal mine project encompassing a Read More

  • Dynasty Minerals Receives Forbearance Period on Vertex One Asset Management Inc. Notes

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) received the following letter from Vertex One, the organization which provided Dynasty US$4 million in Notes in April 2015: "We are the manager for each of Vertex Managed Value Portfolio and Vertex Enhanced Income Fund (together "the Purchasers") with respect to certain notes (the "Notes") purchased by the Purchasers from Read More

  • OceanaGold reports fatality at the Waihi Gold Mine in New Zealand

    /NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES./ MELBOURNE, July 29, 2016 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) (the "Company") regrets to inform that an underground mining operator was fatally injured following an incident in the early evening of Thursday July 28, 2016 local time. The accident is currently under investigation and the Company is fully cooperating with Read More

  • Nexus Gold to Complete Initial Work Program at Bouboulou Concession, Burkina Faso

    Vancouver, BC / TheNewswire / July 28, 2016 – Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to announce that it intends to complete an initial work program at the Bouboulou Gold Concession ("Bouboulou" or the "Property"), located in Burkina Faso, West Africa. Preliminary work on the Property will consist of reviewing legacy data, data compilation, geological mapping, drill hole mapping and selection, rock and core Read More

  • International Lithium and Pioneer Resources Plan $1 Million Exploration Budget at Mavis and Raleigh Lithium Pegmatite Projects

    Vancouver, British Columbia--(Newsfile Corp. - July 28, 2016) - International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") is pleased to announce that strategic partner Pioneer Resources Limited ("Pioneer") (ASX: PIO) is planning $1 million in exploration expenditures in 2016 on the Mavis and Raleigh lithium pegmatite projects east of Dryden, Ontario, Canada. "This brings the total amount budgeted for exploration to CAD$17 million across the Company's projects Read More

  • Northern Iron Signs Agreement to Acquire Lithium Projects in Nevada and Arizona

    Vancouver, British Columbia, Canada / TheNewswire / July 28, 2016 - Northern Iron Corp. ("Northern Iron" or the "Company") (TSX-V: NFE) (FRANKFURT: N8I) today announced the signing of an agreement to acquire three highly prospective lithium projects; two in Arizona and one in Nevada. Details of the agreement and properties follow below. Basil Botha, president, said: "Lithium demand is pressuring lithium prices and the forecasted demand is set to Read More

  • Fortuna Completes Acquisition of Goldrock Mines

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - Fortuna Silver Mines Inc. ("Fortuna" or the "Company") (TSX:FVI)(NYSE:FSM) and Goldrock Mines Corp. ("Goldrock") (TSX VENTURE:GRM) are pleased to report that Fortuna has completed its previously announced acquisition of all of the issued and outstanding shares of Goldrock ("Goldrock Shares") by way of plan of arrangement (the "Arrangement"). Goldrock is now a wholly-owned subsidiary of Fortuna. Pursuant to the Arrangement, Read More

  • U3O8 Corp. Announces Changes to its Board of Directors

    TORONTO, July 28, 2016 /CNW/ - U3O8 Corp. (TSX: UWE; OTCQX:  UWEFF; SSE:  UWECL) announces the appointment of Darin Milmeister to its Board of Directors and the resignation of John Ross as a director. Mr. Ross will continue in his management function as Chief Financial Officer of the Company.  Mr. Milmeister is the Founder and Managing Partner of Extract Capital, a fund focused on natural resources with Read More

  • Alix Resources: Initial Sample Results on the Preissac - La Corne Properties, Return up to 2.86 wt % Li2O

    Vancouver, British Columbia (FSCwire) - ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) International Lithium Property - Mineralization consists of spodumene-rich sub-horizontal, irregular dikes located in Figuery township (NTS 32D08). Surface samples were collected and returned an average of 2.41 % Li2O with above-limit tantalum concentrations (>100 ppm) as well. Historic drilling carried out by International Lithium Corp. in the 1950s, delineated a 3.7-metre-thick, 119 by 104 m Read More

  • Anconia Enters Into Earn-In Option Agreement

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it has entered into an option agreement (the "Agreement") with three individuals (the "Owners") whereby Anconia will have the option to acquire up to a 100% interest in certain claims in the Sault Ste. Marie area (the "Property"). Under the terms of the Agreement Anconia can acquire a 100% interest Read More

  • Anconia Announces Second Closing of Private Placement

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it is has closed the second tranche of its previously announced non-brokered private placement offering (the "Offering"). Anconia issued 4,300,000 units ("Units") Read More

  • Canadian Company Commences Due Diligence on Macarthur Minerals' Ravensthorpe Lithium Acreage

    VANCOUVER, BC--(Marketwired - July 28, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Macarthur Minerals Limited (TSX VENTURE: MMS) (the "Company" or "Macarthur Minerals") is pleased to announce that a Canadian lithium company has commenced due diligence for its farm-into Macarthur Minerals' lithium acreage at Ravensthorpe, Western Australia. Under the terms of the farm-in, the Canadian Read More

  • Orestone Mining Provides Exploration Update

    Vancouver, British Columbia--(Newsfile Corp. - July 28, 2016) - Orestone Mining Corp. (TSXV: ORS) is pleased to announce that the Company has initiated a geophysical survey over the Admiral target on the Company's 100 percent owned Captain copper-gold porphyry project in North Central British Columbia. The program, budgeted at CDN$25,000, will consist of eight line kilometers of IP/Resistivity and continuous detailed ground magnetics to be completed and analysed Read More

  • Wellgreen Platinum Announces Management Change

    VANCOUVER, July 28, 2016 /CNW/ - Wellgreen Platinum Ltd. (TSX: WG; OTC-QX: WGPLF) ("Wellgreen Platinum" or the "Company") announces that Jeffrey Mason, formerly Chief Financial Officer, is no longer with the Company, effective immediately. The Company has commenced a search for a new Chief Financial Officer. About Wellgreen Platinum Wellgreen Platinum is a Canadian mining exploration and development company focused on the active advancement of its 100% Read More

  • Evolving Gold Retains Jean-Philippe Paiement, P.Geo, M.Sc. From SGS Canada Inc. as QP for Lithium Lakes Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 28, 2016) - Evolving Gold Corp. (CSE:EVG)(FRANKFURT:EV7)(OTC PINK:EVOGF) (the "Company") is pleased to announce that it has retained Jean-Philippe Paiement, P. Geo, M.Sc. from SGS Canada Inc., an independent Qualified Person ("QP") as defined by National Instrument 43-101 guidelines, as the QP for Evolving Gold's Lithium Lakes Project in Quebec. Mr. Paiement graduated from Université of Québec in Montréal (2006) with a B.Sc. Read More

  • Gossan Resources Acquires Sturgeon Lake Property with Zinc-rich Polymetallic Potential

    Winnipeg, Manitoba--(Newsfile Corp. - July 28, 2016) - Gossan Resources Limited (GSS-TSX.V) (GSR-Frankfurt/Freiverkehr & Xetra) has acquired a new property in the zinc-rich polymetallic Sturgeon Lake Greenstone Belt in northwestern Ontario comprised of 15 claims totaling 3,344 hectares. The property is directly along strike and to the east of 6 Volcanogenic Massive Sulfide (VMS) deposits that were mined between 1970 and 1991. Approximately 18.7 million tonnes of ore was Read More

  • Adamera Minerals Receives $360,000 Warrants Exercise

    Vancouver, British Columbia / TheNewswire / July 28, 2016 - Adamera Minerals Corp. (TSX-V: ADZ) has raised an additional $360,000 through the exercise of warrants that expired on July 20th, 2016. Since May 2016, Adamera has raised more than $1,000,000. The cash will be used for exploration and administrative purposes. "This increase to our treasury and will provide a more significant exploration program on our Washington State properties" says Read More

  • Arena Minerals: Paciencia North Advances to Second Year of Agreement

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Arena Minerals Inc., (TSX VENTURE:AN.V) ("Arena" or the "Company") is pleased to announce that Teck Resources Chile Limitada ("Teck") has informed Arena that it will be proceeding through to the elective second year of exploration on the Paciencia North project ("Paciencia North"). Teck shall reduce its land position as per the option/joint venture agreement between Teck and Arena (please see press Read More

  • Orefinders Engages Mining Contractor and Metallurgical Consultants for Mirado Stockpile Project

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  • Globex Finalizes Acquisition of Francoeur and Arntfield Gold Mines

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  • Paul Matysek Joins Skyharbour’s Advisory Board

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  • West African hits 41m at 2.2 g/t Au including 8m at 5.7 g/t Au at M5

    Perth, Australia (FSCwire) - Gold developer West African Resources Limited (ASX, TSXV: WAF) is pleased to report further high-grade RC results from the M1 prospect, at its 100%-owned Tanlouka Gold Project, Burkina Faso. Highlights Strong results in M5 resource definition RC drilling 41m at 2.2 g/t Au including 8m at 5.7 g/t Au Step-out drilling at M1 North intercepts 8m at 2.71 g/t Au New results not Read More

  • Minfocus Exploration Announces TSXV Final Acceptance of Private Placement and the Initial Drilling Program at Coral Property

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  • Romios Closes Non-Brokered Offering

    TORONTO, ONTARIO--(Marketwired - July 28, 2016) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTC PINK:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company") is pleased to announce that the Company has closed the final tranche of its non-brokered private placement (the "Offering") with the sale of a further 1,128,572 flow-through units ("FT Units") at $0.07 per FT Unit for a gross proceeds of $79,000 and 2,887,917 working capital units ("WC Units") at $0.06 Read More

  • Dynacor Receives Water Usage Permit from Peruvian Water Authority for its Veta Dorada Ore Processing Plant

    MONTREAL, QUEBEC--(Marketwired - July 28, 2016) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to announce that the Peruvian Water Authority (ANA) has officially approved the water usage permit for Dynacor's Veta Dorada 300-tpd ore processing plant in Chala (Peru). The Corporation finished the construction of the Veta Dorada plant at the end of May 2016 (see Press release dated May 25, 2016) and Read More

  • Apex Resources Applies for Multi-Year Permit to Test High Grade Gold Mineralization at KGM Gold Deposit

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  • Hornby Bay Files Claim Against Copper Mountain

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  • Quest Announces Conclusion of Contribution Agreement With Sustainable Development Technology Canada (SDTC)

    MONTRÉAL, QUÉBEC--(Marketwired - July 28, 2016) - Quest Rare Minerals Ltd. (TSX:QRM) is pleased to announce that it has concluded a Contribution Agreement (the "Agreement") with Sustainable Development Technology Canada (SDTC). Under the terms of the Agreement, SDTC will commence disbursement of the $4.9 million grant in accordance with the milestones agreed with the Company. SDTC grant was awarded to support Quest's operation of a large pilot plant Read More

  • Zadar Commences Due Diligence on Ravensthorpe Lithium Project in South Western Austrailia

    VANCOUVER, BC--(Marketwired - July 28, 2016) - Zadar Ventures Ltd. (TSX VENTURE: ZAD) (FRANKFURT: ZAV) (OTCQB: ZADDF) (the "Company") is pleased to announce that it has initiated due diligence on the previously announced MOU with Macarthur Minerals Limited, (See Company News Release dated July 12, 2016) on the Ravensthorpe Lithium Project, in the Ravensthorpe region of South Western Australia. RAVENSTHORPE LITHIUM PROJECT ACREAGE The Ravensthorpe acreage comprises of Read More

  • Kincora Closes Private Placement and Converts Debt

    VANCOUVER, July 28, 2016 /CNW/ - Kincora Copper Limited (TSX.V: KCC) ("Kincora" or the "Company") is pleased to announce that it has closed the previously announced non-brokered private placement for gross proceeds of $1,053,060 through the issuance of 3,510,200 shares at a price of C$0.30 per share (the "Offering"), subject to TSX-V approval. Concurrent with, and on the same terms of, closing the non-brokered price placement 6,666,667 Read More

  • Kootenay Announces Closing of $6 million in Financings

    VANCOUVER, July 28, 2016 /CNW/ - Kootenay Silver Inc. (TSXV:KTN) ("Kootenay" or the "Company") is pleased to announce that it has closed its previously announced brokered private placement (the "Offering") with Haywood Securities Inc. (the "Agent").  An aggregate of 12,937,500 units (the "Units"), including 675,000 Units issued as a result of the exercise in full of the Agents' over-allotment option, were sold under the Offering at a Read More

  • NEVADO Announces the Results of Its Annual and Special Meeting of Shareholders

    MONTREAL, QUEBEC--(Marketwired - July 28, 2016) - NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) ("NEVADO" or the "Corporation") is pleased to announce the results of its annual and special meeting of the shareholders of the Corporation that was held on July 14, 2016. During the meeting, the shareholders approved, by a majority of votes, the appointment of PricewaterhouseCoopers LLP as auditors of the Corporation as well as the election of Read More

  • Explor Resources Increases East Bay Property

    ROUYN-NORANDA, QUÉBEC--(Marketwired - July 28, 2016) - Explor Resources Inc. ("Explor" or "the Corporation") (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of 63 mineral claims located in the Duparquet, Destor Townships and in the Rouyn-Noranda and Rapide-Danseur Municipalities, in the Rouyn-Noranda Mining Division, Province of Quebec for a total of 1,856.07 hectares. These claims are contiguous to the East Bay Property. Explor will issue 75,000 shares to Read More

  • Quinto Real Reports the Results of its Annual and Special Shareholders' Meeting

    MONTREAL, QUEBEC--(Marketwired - July 28, 2016) - Quinto Real Capital Corporation (TSX VENTURE:QIT) ("Quinto" or the "Company") announces the results of its annual and special meeting of shareholders held on July 26, 2016 in Montreal, Quebec. At the meeting, the shareholders of the Company voted at the majority in favour of all the resolutions set out in the management proxy circular, including the re-election of members of the Read More

  • Silver Range Samples 64.3 g/t Gold at Newly Acquired Uist Property Near Back River

    Vancouver, British Columbia (FSCwire) - Silver Range Resources Ltd. (TSX-V:SNG) (“Silver Range”) announces that it has staked and completed an initial examination of the Uist Property near the Back River Gold Project in Nunavut. Iron-formation-hosted gold mineralization at Uist was discovered by Echo Bay Mines Ltd. in 1990 and the property was explored by Echo Bay and Gerle Gold Ltd. until 1994.  Sulphide iron formation was mapped Read More

  • 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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Condor Gold

Exchange/Ticker: LON: CNR
Main Asset: La India Gold District
Stage:
Exploration
Operating Region: Nicaragua
Profile: Condor Gold is revitalizing the historic La India gold mining district of Nicaragua. To date the company has delineated a global N.I. 43-101 mineral resource estimate of 2.33 million ounces of gold and a positive Preliminary Economic Assessment that boasted production at all-in sustaining cash costs under $700 per ounce. In 2015 Condor is de-risking the project by applying for mining permits and optimizing... VIEW FULL PROFILE