• Fission Uranium Hits >9000 cps 30m West of R840W; Drills New Area Beneath Triple R

    KELOWNA, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce results from the summer drill program for the final 11 exploration drill holes (7 core holes and 4 Reverse Circulation (RC) holes) at its PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. Three results are of particular importance: Approximately 600m west on strike Read More

  • Noront Resources Completes MacDonald Mines Acquisition and Provides Exploration Update

    TORONTO, ON--(Marketwired - August 24, 2016) - Noront Resources Ltd. ("Noront" or the "Company") (TSX VENTURE: NOT) is pleased to confirm the closing of the previously announced MacDonald Mines property acquisition, and provide an update about its ongoing exploration program. MacDonald Mines AcquisitionAs previously announced, Noront recently acquired the highly prospective Butler and Sanderson properties from Macdonald Mines increasing the Company's claim blocks in the Ring of Fire Read More

  • Pure Energy Minerals Options 1,520-acre Property in Clayton Valley from Cypress Development

    Vancouver, British Columbia--(Newsfile Corp. - August 24, 2016) - Pure Energy Minerals Limited (TSXV: PE) (FRANKFURT: A111EG) (OTCQB: PEMIF) (the "Company" or "Pure Energy") is pleased to announce that it has executed a definitive option agreement governing Cypress Development Corporation's ("Cypress") Clayton Valley Project ("Cypress Property" or "the Property"), subject to TSX Venture Exchange (the "Exchange") acceptance. The new option agreement grants Pure Energy the right to acquire Read More

  • IDM Mining Discovers High Grade Zone at Lost Valley; 33 Meter Long Trench Averages 18.7 g/t Au

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) ("IDM" or the "Company") is pleased to announce that surface trenching has discovered a strongly mineralized structure at its Red Mountain Gold Project ("Red Mountain" or the "Property"). Named the Anda'adala'a Lo'op zone (Nisga'a Nation language for "money rock"), this structure is part of a series of stacked, high-grade structures overprinting vertical sets of porphyry-style Read More

  • Probe Metals and SOQUEM Drill 17.5 g/t Au Over 1 Metre Along Lower Detour Gold Trend and Commence Drilling on Phase II Program

    TORONTO, ONTARIO--(Marketwired - Aug. 24, 2016) - Probe Metals Inc. (TSX VENTURE:PRB) ("Probe" or the "Company"), in partnership with SOQUEM Inc. ("SOQUEM"), is pleased to announce the discovery of a new gold zone along the Lower Detour Gold Trend (LDGT) on its Detour Quebec project (the "Project") under option by SOQUEM. The new zone, grading 5.3 g/t Au over 3.4 metres, including 17.5 g/t Au over 1-metre, was Read More

  • Pacific Ridge Exploration Announces Acquisition of Poker Brown Gold-Silver Project in Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Pacific Ridge Exploration Ltd. (TSX VENTURE:PEX) ("Pacific Ridge" or the "Company") reports that it has acquired an option to earn a 100% interest in the Poker Brown gold-silver project, Nevada. Poker Brown is road accessible and located 190 km from Reno, in Pershing County, Nevada. The target is a large, bulk tonnage, heap leachable gold deposit. Numerous gold mines and Read More

  • Radisson Intersects 16.15 g/t Gold Over 3.0 m in Lateral Extension of Current Mineral Resource of the O'Brien Gold Project

    ROUYN-NORANDA, QUEBEC--(Marketwired - Aug. 24, 2016) - Note to editors: There is a graph associated with this press release. Radisson Mining Resources Inc. (TSX VENTURE:RDS) ("Radisson or the Company") is pleased to announce assay results from first three holes of the Phase II (Figure 1) drill program where 12 drill holes were completed for a total of 5,616 metres at the O'Brien gold project located 8km west of Read More

  • Miranda Gold and Prism Resources Begin Drilling Epithermal System at the Cerro Oro Project, Colombia

    Vancouver, BC (FSCwire) - Miranda Gold Corp. ("Miranda") (TSX-V: MAD) and Prism Resources Inc. (“Prism”) (TSX-V: PRS) are pleased to announce drilling is underway on their Cerro Oro Project in Colombia.  Prism is the funding partner and Miranda is the operator of the joint venture.  The previously announced (April 27, 2016) commencement of the drill program was delayed while waiting for onsite inspections by the Caldas Department Read More

  • Apex Resources Acquires Three Properties in BC's Golden Triangle

    Vancouver, BC / TheNewswire / August 24, 2016: Apex Resources Inc. (TSX-V: APX; "the Company, "Apex") is pleased to announce it has entered into an option agreement (the "Agreement") with Mr. Richard Billingsley and Mrs. Gaye Richards (the "Vendors") of Surrey, British Columbia, to acquire 100% of the rights, title and interest in and to three exploration properties located in British Columbia's Golden Triangle area approximately 50 km Read More

  • Medgold Resources: Drilling Commences at Boticas Gold Project, Portugal

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Medgold Resources Corp. (TSX VENTURE:MED) (the "Company" or "Medgold") is pleased to announce that drilling has started at the Boticas Gold Project in Portugal. Medgold is planning a 15 hole 2,500m diamond drilling program, targeting a medium-grade sheeted vein system. The first drill hole is designed to test grade continuity below a contiguous Medgold channel-chip result of 3.98 g/t Au Read More

  • Bellhaven Announces Paul Zweng as CEO and Chairman of the Board

    VANCOUVER, Aug. 24, 2016 /CNW/ - Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") is pleased to announce the immediate appointment of Dr. Paul Zweng to the position of Chief Executive Officer and Chairman of the Board. Bellhaven also is pleased to announce that Ms. Milagros "Millie" Paredes will assume the role of Chief Operating Officer and President effective immediately. Ms. Millie Paredes, Bellhaven's Read More

  • Mountain Boy Minerals - Surface Sampling on the Surprise Creek Claims Indicates Large Silver-Zinc-Lead Zone

    STEWART, BC, Aug. 24, 2016 /CNW/ - Mountain Boy Minerals Ltd. ("Mountain Boy") reports that it has transferred 50 % of the BA claims in the "Golden Triangle" area to its JV partner, Great Bear Resources Ltd ("Great Bear") as outlined in a 2010 option agreement. Under terms of this agreement, Great Bear has transferred a 50 % ownership in the Surprise Creek claims to Mountain Boy. The 2 Read More

  • Edgewater Exploration Announces Private Placement and Share Consolidation

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Edgewater Exploration Ltd. ("Edgewater" or the "Company") (TSX VENTURE:EDW) is pleased to announce a non-brokered private placement financing of 20,000,000 units (the "Units") at a price of $0.025 per Unit to raise gross proceeds of $500,000 (the "Private Placement"). Each Unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to Read More

  • Mawson Resources continues drilling at the Rajapalot Gold Project in Finland

    VANCOUVER, Aug. 24, 2016 /CNW/ - Mawson Resources Limited ("Mawson") or (the "Company") (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces an update on the summer exploration drill programs at the 100% owned Rompas-Rajapalot gold project in Northern Finland. Key Points: A 225 base-of-till ("BOT") drill hole program is now underway at Raja, located east of Palokas; All permits have been received for hand-portable diamond drilling at the Palokas gold prospect. Read More

  • Great Bear Resources Begins Summer Field Program in Golden Triangle

    August 24, 2016 / TheNewswire / Vancouver, BC, Canada. - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today announces the commencement of field investigations at the Company's 50 percent owned BA and Surprise Creek projects in the Golden Triangle district of British Columbia. Figure 1: BA and Surprise Creek claim blocks owned 50% by Great Bear Click Image To View Full Size Great Bear's exploration Read More

  • Nexus Gold Closes $1.25 Million Private Placement

    Vancouver, Canada / TheNewswire / August 24, 2016 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to announce that it has completed a non-brokered private placement of 25,100,000 units (each, a "Unit") in the capital of the Company at a price of $0.05 per Unit for gross proceeds of $1,255,000. Each Unit consists of one (1) common share in the capital of the Company and Read More

  • Galantas Reports Results for the Three and Six Months Ended June 30, 2016

    TORONTO, ONTARIO--(Marketwired - Aug. 24, 2016) - Galantas Gold Corporation (the 'Company') (TSX VENTURE:GAL)(AIM:GAL) is pleased to announce its financial results for the three and six months ended June 30, 2016. Financial Highlights Highlights of the 2016 second quarter's and first six months results, which are expressed in Canadian Dollars, are summarized below: All figures denominated in Canadian Dollars (CDN$) Second Quarter Ended June 30   Six Months Read More

  • Tower Resources Announces Non-Brokered Private Placement

    VANCOUVER, B.C. / August 24 2016 / TheNewswire - Tower Resources Ltd. (the "Company")(TSXV: TWR) announces that it has arranged, subject to regulatory approval, a non-brokered private placement of up to 8,750,000 units of the Company at a price of $0.08 per unit for gross proceeds of up to $700,000. Each unit is to consist of one common share and one non-transferable common share purchase warrant exercisable at $0.15 Read More

  • Anfield Resources Announces Strategic Financing

    VANCOUVER, BRITISH COLUMBIA / TheNewswire / August 24, 2016 - Anfield Resources Inc. (TSX.V: ARY) (OTCQB: ANLDF) (FRANKFURT: 0AD) ("Anfield" or "the Company"), is pleased to announce a strategic financing, offering 4,347,826 Units at $0.23, for total proceeds of $1 million. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable at $0.40 for a two-year term. Finders' fees may be paid in Read More

  • Angel Gold Secures Application for the Southerly Continuation of Iguanacito Silver-Gold Prospect

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Angel Gold Corp. (TSX VENTURE:ANG) ("Angel" or the "Company") is pleased to announce that as of August 8, 2016, an application was made for newly available ground on trend with the southerly continuation of Angel's Iguanacito silver-gold prospect. The application was successfully made without any known competition from applications by other parties having been submitted. "We are very pleased to Read More

  • Sunvest Minerals Aquires the Roy Cobalt-Silver Property

    Vancouver, British Columbia--(Newsfile Corp. - August 24, 2016) - Sunvest Minerals Corp. (TSXV: SSS) ("Sunvest" or the "Company") is pleased to announce the acquisition of the past producing "Roy Mine Cobalt-Silver property" ("Roy Mine Property"), located about 11 km northwest of Elk Lake. The Roy Mine Property is a former producer of silver, cobalt, and copper with mineralization contained in north trending calcite veins. It was discovered in Read More

  • Coronet Metals Announces Private Placement Offering

    Vancouver, British Columbia--(Newsfile Corp. - August 24, 2016) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTC Pink: CORMF) ("Coronet" or "the Company") is pleased to announce a non-brokered private placement offering (the "Private Placement") of up to 1,500,000 units ("Units") at a price of $0.29 per Unit to raise aggregate gross proceeds of up to $435,000. Each Unit will be comprised of one common share and one Read More

  • Paladin Energy Limited: Financial Report for the Year Ended 30 June 2016 and Outlook

    PERTH, WESTERN AUSTRALIA--(Marketwired - August 24, 2016) - Paladin Energy Ltd ("Paladin" or "the Company") (ASX: PDN) (TSX: PDN) announces the release of its Consolidated Financial Report for the year ended 30 June 2016. HIGHLIGHTS Operations Langer Heinrich Mine (LHM) produced(1) 4.763Mlb U3O8 for the year ended 30 June 2016, down 5% from 2015. C1 unit cost of production(2) for the year ended 30 June 2016 was a record Read More

  • Elcora Release Anode Test Results

    Halifax, Nova Scotia--(Newsfile Corp. - August 24, 2016) - Troy Grant, President and CEO of ELCORA ADVANCED MATERIALS CORP. (TSXV: ERA) (OTCQB: ECORF) (Frankfurt: ELM) (the "Company" or "Elcora"), is pleased to present the successful initial test results of Elcora's proprietary graphite processes for lithium ion battery anodes. The purpose of the tests was to validate Elcora's processes using grade, size analysis, BET surface area, calendar density and Read More

  • Nevada Exploration Inc. Establishes Geologic Context for Gold in Groundwater at the South Grass Valley Project and Stakes Additional Claims

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Nevada Exploration Inc. ("NGE" or the "Company") (TSX VENTURE:NGE)(OTCQX:NVDEF) is pleased to announce that it has completed mapping, range front sampling and geophysical data reduction on its wholly-owned South Grass Valley Project establishing a favorable geologic context for its previously announced gold in groundwater chemistry anomaly and has added another 232 new claims covering 19.4 km2 (7.5 mi2) to its Read More

  • Plato Gold Reports on Second Quarter Results

    TORONTO, ONTARIO--(Marketwired - Aug. 24, 2016) - Plato Gold Corp. (TSX VENTURE:PGC) ("Plato" or the "Company"), an exploration company with a portfolio of properties in significant gold mining camps in Santa Cruz, Argentina and Northern Ontario is pleased to report the six and three months financial results for fiscal 2016 and 2015, as summarized below:   Six Months Ended (Unaudited) Three Months Ended(Unaudited)   June 30, 2016 June Read More

  • Millennial Lithium Provides Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Millennial Lithium Corp. (TSX VENTURE:ML) ("Millennial" or the "Company") reports on activities that occurred during the recent trading halt. On July 19, 2016, Millennial announced entering into a binding property purchase agreement to 100% of the Pastos Grandes lithium project in Salta Province, Argentina (the "Acquisition"). The Salta Province of Argentina is a well known, favorable mining jurisdiction which hosts Read More

  • Cypress Options 1,520-Acre Lithium Property in Clayton Valley, Nevada to Pure Energy Minerals

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 24, 2016) - Cypress Development Corp. (TSX VENTURE:CYP)(OTCBB:CYDVF)(FRANKFURT:C1Z1) ("Cypress" or the "Company") ") is pleased to announce that it has executed a definitive Option Agreement governing the Company's Clayton Valley, Nevada Project ("Cypress Property" or "the Property"), subject to TSX Venture Exchange (the "Exchange") acceptance. The new Option Agreement grants Pure Energy Minerals the right to acquire up to 70% undivided interest in the Read More

  • Aura Minerals Announces Rights Offering

    TORONTO, ON--(Marketwired - August 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Aura Minerals Inc. (the "Company") (TSX: ORA) announces that it will be offering rights to holders of its common shares at the close of business on August 31, 2016 (the "Record Date"), on the basis of one right for each common share held. Each eight (8) Read More

  • Golden Share Announces Share for Debt Transaction

    Toronto, Ontario--(Newsfile Corp. - August 24, 2016) - Golden Share Mining Corporation (TSXV: GSH) (the "Company" or "Golden Share"), announces the payment of two of its service providers with the issuance of an aggregate of 28,000 Common Shares (deemed price of C$0.25 per share), representing an aggregate of $7,000.00 (the "Settlement") and previously outstanding as an accounts payable. The Company has also settled accounts payable to certain insiders Read More

  • Toachi Mining Announces Appointment of Directors

    Toronto, Ontario / TheNewswire / August 24, 2016 - Toachi Mining Inc. ("Toachi" or the "Company") (TSX-V: TIM) is pleased to announce that Peter Nixon and Carolina Vargas have been appointed to the Company's Board of Directors, effective immediately. Both Mr. Nixon and Ms. Vargas are independent directors and expand Toachi's board to five directors. "Peter and Carolina's years of experience across important industry sectors will add a valuable Read More

  • Typhoon Exploration Announces Annual General Meeting Results

    LAVAL, CANADA--(Marketwired - Aug. 24, 2016) - Typhoon Exploration Inc. (TSX VENTURE:TYP) («Typhoon») announces the results of its Annual General Meeting, held August 23rd, 2016, in Laval, Quebec. At the meeting, the shareholders of the Company voted for the election as director of each of the 4 nominees listed in the Information Circular as well as for the appointment of Dallaire & Lapointe as Auditors of the Company. Read More

  • NexGen Energy Drilling 180 Meters Southwest of Arrow Returns 10.0 Meters of 10.33% U3O8

    VANCOUVER, Aug. 23, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for ten holes from our recently completed winter 2016 drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Highlights: 180 m Southwest of Arrow Assays have confirmed that multiple drill holes at the new area 180 m southwest of Arrow have intersected significant Read More

  • Pure Gold Accelerates Exploration at the Madsen Gold Project, Adds Fourth Drill Rig and Moves to Re-Open Existing Portal

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Pure Gold Mining Inc. (TSX VENTURE:PGM) ("Pure Gold" or the "Company") is pleased to announce the addition of a fourth diamond drill rig at the Company's 100% owned Madsen Gold Project ("Madsen"), as well as an update on the re-opening of the existing McVeigh Portal. Additional Drill Rig Added to Test Russet South and Other Satellite Targets The addition of Read More

  • Gold Resource Corp. Reports Additional High-Grade Drill Intercepts at Switchback; Including 8.19 Meters of 9.07 G/T Gold

    COLORADO SPRINGS, CO--(Marketwired - Aug 23, 2016) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") today announced additional Switchback drill results from its Arista Mine at the Aguila Project. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned $108 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders Read More

  • Redstar Gold Announces $3.0M Investment by Eric Sprott

    August 22, 2016 / TheNewswire / Redstar Gold Corp. (TSX.V: RGC, US: RGCTF, FRA: RGG) ("Redstar" or the "Company") is pleased to announce that Eric Sprott has agreed to acquire 30.0 million common shares of Redstar Gold in part through a private placement ("the Financing") of up to 41.0 million shares at $0.10. Redstar Gold has filed for the Financing of up to 41.0 million common shares at Read More

  • IMPACT Silver Announces Q2 2016 Financial and Production Results

    VANCOUVER, Aug. 23, 2016 /CNW/ - IMPACT Silver Corp. ("IMPACT" or the "Company") is pleased to announce its financial results for the six months ended June 30, 2016. Fred Davidson, President and CEO, stated, "The increase in silver prices has had a positive impact on the Company's financial performance.  For the fourth consecutive quarter the Company's EBITDA1 is positive at $0.6 million for Q2 2016 compared to Read More

  • Kivalliq Energy Announces FALCON Airborne Gravity Gradiometer Survey Targets Genesis Property, Saskatchewan

    VANCOUVER, BC--(Marketwired - August 23, 2016) - Kivalliq Energy Corporation (TSX VENTURE: KIV) ("Kivalliq") today announced results of an integrated analysis of fixed-wing Falcon Airborne Gravity Gradiometer ("AGG") and total field magnetic surveys undertaken over select areas of interest at the Genesis Property uranium project in northeast Saskatchewan. The analysis work was undertaken by Condor Consulting Inc. ("Condor"), recognized experts in the field of integrated exploration. A total Read More

  • Alset Energy Channel Samples Return High Grade Graphitic Carbon at Champion Property

    THUNDER BAY, ONTARIO--(Marketwired - Aug. 23, 2016) - Alset Energy Corp. (TSXV:ION) ("Alset" or "the Company") is pleased to announce the results of the surface channel sampling program completed on their 100%-owned Champion graphite property located near Kenora, Ontario. A total of 5 trenches were completed intermittently over a distance of approximately 1km, ranged from 9m to 94m long and 2m wide and were excavated perpendicular to the Read More

  • Eastmain Resources Announces New Hires to Exploration Team and Exploration Program Update

    TORONTO, ONTARIO--(Marketwired - Aug. 23, 2016) - Eastmain Resources Inc. (TSX:ER) ("Eastmain" or the "Company") today announces the appointment of Carl Corriveau, P.Geo, SEG, and Michel Leblanc (Géo) as Exploration Manager and Clearwater Senior Project Geoscientist, respectively. At the Clearwater Project, the three rig drill program is beginning this week. Meanwhile, at Eastmain Mine, two drills will be mobilized and ready to begin drilling in mid-September. Both the Read More

  • Lucara Diamond Expands Innovative XRT Technology

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) ("Lucara" or the "Company") is pleased to announce that the Company will be installing more of the highly successful XRT technology to process finer size fractions at its Karowe mine in Botswana. The project, through the installation of four new XRT diamond recovery units and the associated conveying and screening infrastructure, will target the Read More

  • Caza Gold Completes Phase 1 Prospecting Program on El Diamante Project and Identifies Gold-bearing Quartz-Sulfide Veins

    Vancouver, British Columbia (FSCwire) - Brian Arkell, President and CEO of Caza Gold Corp. is pleased to provide an update on exploration results at the El Diamante Project in Nicaragua. The Caza Gold exploration team recently completed the first phase of fieldwork at El Diamante outlining a large area of altered lithocap and quartz-sulfide veins with gold values as high as 0.16 g/t Au and silver up Read More

  • Wallbridge Signs a Heads of Agreement for $2,500,000 Loan

    TORONTO, Aug. 23, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ("Wallbridge") is pleased to announce that it has entered into a Heads Of Agreement ("Loan Agreement") with William Day Holdings Limited ("William Day") to fund Wallbridge's acquisition of the Fenelon Mine Property from Balmoral Resources Ltd. and for general working capital towards the development of Fenelon Mine Property. Additionally, William Day agreed to participate Read More

  • Nicola Mining Announces Non-Brokered Private Placement

    VANCOUVER, B.C., / TheNewswire / August 23, 2016 - Nicola Mining Inc. (the "Company") (TSX.V: NIM) announces that, subject to regulatory approval, it has arranged a non-brokered private placement financing (the "Financing") of 18,337,665 units (each, a "Unit") at a price of $0.12 per Unit for gross proceeds of $2,200,519.80. Each Unit will consist of one Share and one share purchase warrant (each, a "Warrant"), with each Warrant entitling Read More

  • Midas Gold to Initiate Drill Program on Its Stibnite Gold Project

    VANCOUVER, BC--(Marketwired - August 23, 2016) - Midas Gold Corp. (TSX: MAX) (OTCQX: MDRPF) ("Midas Gold" or the "Company") today announced that its Board of Directors has approved a drill program for its Stibnite Gold Project (the "Project"), located in Idaho, USA. The Company's objective for the drill program is to improve, expand and de-risk the mineral resources defined in the December 2014 preliminary feasibility study (the "PFS") Read More

  • New Carolin Gold Begins Drill Program at Carolin Mine

    August 23, 2016 / TheNewswire / -- New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD - OTCBB LADFF) is pleased to announce that drilling has begun on the Carolin Mine Zone. The Phase 1 program will consist of approximately 2000 metres of diamond drilling in 10 holes drilled from surface into the Carolin Mine Zone. Phase 2 will follow after receipt of Phase 1 drill results. The Read More

  • Erdene Provides Update on Gold Projects in Mongolia

    HALIFAX, NOVA SCOTIA--(Marketwired - Aug. 23, 2016) - Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to provide an update on its 100%-owned Bayan Khundii Gold Project ("Bayan Khundii") and Altan Nar Gold-Polymetallic Project ("Altan Nar"). In advance of the resumption of drilling in September 2016, the Company has been carrying out extensive technical studies on the styles and controls of gold mineralization at both Bayan Read More

  • Montan Mining Secures Improved Purchase Terms And Removes Nsr From The Rey Salomon Mining Project

    Vancouver, BC / TheNewswire / August 23rd, 2016 - Montan Mining Corp. (TSXv: MNY | FSE: S5GM | SSE: MNYC) ("Montan" or the "Company") is pleased to announce that the Company has secured significantly improved terms between Cerro Dorado S.A.C. ("CD") and the underlying holders of the mineral title at the Rey Salomon gold mine that Montan is progressing to acquire from Chazel Capital Inc. (refer NR of July 14th, 2016). Read More

  • Defiance Silver Secures Surface Rights at San Acacio

    Vancouver, British Columbia--(Newsfile Corp. - August 23, 2016) - Defiance Silver Corp (TSXV: DEF) (OTC: DNCVF) ("Defiance") is pleased to announce that it has signed an agreement with the Fraccionamiento Rural Sauceda de la Borda that grants Defiance rights to carry out exploration within all of its mineral concessions underlying the Fraccionamiento lands. Defiance now controls surface rights covering both the 1.2km of vein strike length that hosts Read More

  • Excellon Resources Appoints Ben Pullinger as Vice-President Geology

    TORONTO, ON--(Marketwired - August 23, 2016) - Excellon Resources Inc. (TSX: EXN) (OTC: EXLLF) ("Excellon" or the "Company"), Mexico's highest grade silver producer, is pleased to announce the appointment of Ben Pullinger, P.Geo as Vice-President Geology effective in mid-September 2016, taking over from John Sullivan, P.Geo., who is stepping into a consulting role. "We are tremendously excited to have Mr. Pullinger join the team in the coming weeks," Read More

  • Telson Initiates Work at Tahuehueto - Collection of 2,000 Tonne Bulk Sample

    VANCOUVER, BRITISH COLUMBIA, August 23, 2016 - Telson Resources Inc. (TSX Venture - TSN) ("Telson" or the "Company") is pleased to announce that it has initiated the process of collecting a 2,000 tonne bulk sample from the El Creston area on its Tahuehueto Project. Portal construction on El Creston at level 10, 1,597 elevation was initiated August 22, 2016 and will be advanced northward a minimum of 100 Read More

  • TerraX Starts Second Drill on Yellowknife City Gold Project - Focus Is on Generating New Discoveries

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(OTC PINK:TRXXF) is pleased to announce that it has added a second drill to the 27,000 metre drill program now underway on its wholly-owned Yellowknife City Gold project ("YCG") in the Northwest Territories. The current drill program began in July on the Mispickel target, where drilling during the winter of 2016 returned discovery holes of 8.60 Read More

  • Dynasty Metals and Mining Provides an Operation and Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) wishes to provide a brief operations and corporate update. Operations Zaruma In mid-June of this year, with the participation of the Ecuador labour ministry, Dynasty entered into an agreement with the mine workers at its Zaruma mine in southern Ecuador such that the workers were permitted to extract ore from Read More

  • East Africa Metals Announces SinoTech Elects to Exercise $805,000 in Warrants

    VANCOUVER, BC--(Marketwired - August 23, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report that long time shareholder SinoTech (Hong Kong) Corporation Limited ("SinoTech") has elected to exercise 3,500,000 warrants at a price of $0.23 realizing $805,000 CDN for the Company. The exercise will bring SinoTech's total holdings to 37,788,062 or 32.1% of the Company. SinoTech is a private Read More

  • Taku Gold Updates Exploration Activity in Yukon and Northern B.C.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Taku Gold Corp. (CSE:TAK) ("Taku" or the "Company") is pleased to provide an update of its exploration activities in Yukon and Northern B.C. Since July 6th Taku's exploration crew has completed work at the Wounded Moose and Bishop-Montana properties in the Dawson area of Yukon, the McQ property located in the Mayo area of Yukon, and the Tagish project located Read More

  • DuSolo Announces Resignation of Director Darren Bowden

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 22, 2016) - DuSolo Fertilizers Inc. (TSX VENTURE:DSF) ("DuSolo" or "the Company") announces the resignation of Mr. Darren Bowden from its Board of Directors. Giles Baynham, CEO of DuSolo noted "We would like to thank Darren for all his hard work as the Interim CEO and as a Director, and wish him well in his future endeavours." ABOUT DUSOLO DuSolo Fertilizers Inc. is Read More

  • Noram Completes Bulk Sampling On Its Clayton Valley Lithium Project For Lithium Separation Testing

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce the completion of bulk sampling  on its South Block (Zeus and Hades) lithium claim groups in Nevada’s Clayton Valley (see Figure 1). The lithium-rich claystone samples have been send to Membrane Development Specialists LLC (MDS) to test the viability of membrane separation of lithium from the claystone material Read More

  • Diamcor Mining Announces Private Placement

    KELOWNA, BC, Aug. 23, 2016 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI / OTCQX-DMIFF), (the "Company") announces it intends to complete a brokered private placement financing (the "Offering") of up to 4,545,455 units (the "Units") at a price of CDN$1.10 per Unit for gross proceeds of up to CDN$5,000,000 (the "Proceeds").  Each Unit will consist of one common share (a "Share") of the Company, and one-half of one common Read More

  • Adamera Minerals Starts Work Program on Lambert Creek Property

    Vancouver, British Columbia, / TheNewswire / August 23, 2016 - Adamera Minerals Corp. (TSX-V: ADZ) announces that the 2016 exploration program on its Lambert Creek property in Washington State has commenced. The Company is testing its new geological concepts and deposit model for the area. Currently underway is the collection of approximately 700 soil samples and re-evaluation of the property geology. Later in the season, the company is planning Read More

  • Sirios and Sphinx Generate the Cheechoo-Eleonore Trend Gold Project in the Region of Eeyou Istchee, James Bay

    MONTREAL, QUEBEC--(Marketwired - Aug. 23, 2016) - Management of SIRIOS (TSX VENTURE:SOI) is pleased to announce the signing of a binding letter of intent to form a 50-50% joint venture with Sphinx Resources Ltd. (« Sphinx ») to explore 551 claims currently pending in the names of Sirios and Sphinx. This new project is located along the north-west extension of the Cheechoo-Éléonore trend in the region of Eeyou Istchee James Read More

  • Tower Resources Amends Rabbit North Option Agreement

    Vancouver, B.C. / TheNewswire / August 23rd, 2016 - Tower Resources Ltd., (TSX.V: TWR) announces that the Company has signed an amendment to its Rabbit North Option Agreement with the underlying tenure holders. Pursuant to the original option agreement dated July 3, 2013, in order to exercise the Option, the Company was required to cumulatively spend $750,000 on exploration on or before the 3rd anniversary of the agreement. In Read More

  • TomaGold Announces First Closing of Convertible Debenture Financing and Stock Options

    MONTREAL, QUEBEC--(Marketwired - Aug. 23, 2016) - TomaGold Corporation (TSX VENTURE:LOT) ("TomaGold" or the "Corporation") is pleased to announce the first closing of a convertible secured debenture (the "Debenture") in the amount of $300,000 of a total of $2,000,000 (the "Offering"). The Debenture will bear interest at an annual rate of 10% and will have a maturity date of 24 months from the date of issue. The debenture Read More

  • Silver Range Acquires Projects Near Proposed Nunavut Road

    VANCOUVER, BC--(Marketwired - August 23, 2016) - Silver Range Resources Ltd. (TSX VENTURE: SNG) ("Silver Range") announces that it has acquired the Happy Thought and Grumpy targets near a new proposed road in western Nunavut. On July 10, 2016, the Nunavut Government and the Kitikmeot Inuit Association signed a Memorandum of Understanding (MOU) regarding the completion of a project proposal for the Grays Bay Road and Port Project Read More

  • Everton Resources Reports Assays Results From Blue Sky Jackpot Lithium Property, Ontario

    OTTAWA, ONTARIO--(Marketwired - Aug. 23, 2016) - Everton Resources Inc. ("Everton" or the "Company") (TSX VENTURE:EVR) is pleased to announce that it has received the assay results from the Blue Sky Jackpot Lithium Property in the Thunder Bay Mining District of Ontario approximately 150 kilometers northeast of Thunder Bay. Results ranged up to 7.08 % LiO2, the following table presents the distribution of lithium oxide assay results. Follow the Read More

  • Alianza Minerals Retains Yanac Copper Property and Announces Board Change

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Alianza Minerals Ltd. (TSX VENTURE:ANZ) ("Alianza" or the "Company") announces that partner, 50 King Capital ("50 King") has informed the Company that it will not pursue its option to earn an additional 20 percent interest (for a total of 70 percent) in the Yanac Copper Property, located in the Ica Department of southern Peru. Under the terms of the Yanac Read More

  • Rio Silver Announces Private Placement

    Toronto, Ontario (FSCwire) - Rio Silver Inc. (“Rio Silver” or the "Company") (TSX.V: RYO) is pleased to announce that, subject to final regulatory approval, further to its previous news releases on July 4, 2016 and July 22, 2016, the Company has closed the first of two financings contemplated in its transaction (the “Transaction”) with Magellan Gold Corporation (“Magellan”) (OTCQB – MAGE). The first financing consists of a non-brokered Read More

  • Select Sands Enters Agreement to Purchase Wet Processing Plant and Related Assets

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Select Sands Corp. ("Select Sands" or the "Company") (TSX VENTURE:SNS)(OTC:CLICF) is pleased to announce that it has entered into an asset purchase agreement (APA) whereby Select Sands will buy certain assets of Tutle Holdings. The assets to be acquired include a permitted and producing wet processing plant, equipment and related assets, all nearby its Sandtown silica sands deposit in Arkansas, Read More

  • GobiMin Announces Partial Disposition of Investment in Loco Hong Kong Holdings Limited

    TORONTO, Aug. 23, 2016 /CNW/ - (TSXV: GMN) GobiMin Inc. (the "Company" or "GobiMin") announces that it has sold the Company's investment in 113,000,000 shares, being its partial shareholding, of Loco Hong Kong Holdings Limited ("Loco HK") to third parties (the "Transaction") for gross proceeds of approximately US$10.62 million which will be received on August 26, 2016. The Transaction is an Arm's Length Transaction as defined in Read More

  • Sphinx Resources and Sirios Announce the Generation of the Chechoo-Eleonore Trend Project, Eeyou Istchee James Bay Region

    MONTREAL, QUEBEC--(Marketwired - Aug. 23, 2016) - Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX VENTURE:SFX) is pleased to announce the execution of a binding letter of agreement to form a 50-50% joint venture with Sirios Resources Inc. ("Sirios") to explore 551 claims that are presently under request (the "Project") by this consortium along the northwest extension of the Cheechoo-Éléonore trend, located in the Eeyou Istchee James Bay Read More

  • Tower Resources Appoints Stuart Averill to the Board of Directors

    Vancouver, B.C. / TheNewswire / August 23rd, 2016 - Tower Resources Ltd., (TSX.V: TWR) is pleased to announce the appointment of Mr. Stuart (Stu) Averill to the company's Board of Directors. Mr. Averill is Chairman of Overburden Drilling Management Limited (ODM), a company that he founded in 1974 to develop and apply indicator mineral methods for mineral exploration. He has progressively advanced this novel technology and is now recognized Read More

  • Great Lakes Graphite Appoints Michael Coscia as Senior Vice President of Sales

    TORONTO, ONTARIO--(Marketwired - Aug. 23, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK) (OTC PINK:GLKIF) (FRANKFURT:8GL) announces today that Michael Coscia has been appointed Senior Vice President of Sales. Michael has over 30 years' experience in the chemicals and minerals industries. He brings extensive experience in sales, marketing, technology and product development to Great Lakes Graphite. Prior to joining the Company, Michael has served Read More

  • Graphite One Successfully Completes $1.3 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES Graphite One Resources Inc. (TSX VENTURE:GPH)(OTCQX:GPHOF) ("Graphite One" or the "Company") is pleased to announce that it has completed its non-brokered private placement offering (the "Offering"). The Offering was originally announced in the July 15, 2016 press release with a goal of raising $1.0 million, was Read More

  • Troymet Exploration to Drill at Redhill

    NANAIMO, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet" or the Company") reports it has finalized its 2016 diamond drill program for the Redhill project copper-gold-zinc-silver volcanogenic massive sulphide project in British Columbia. The 1,000 metre drill program is expected to run from mid-September through October 2016. It will test a number of targets including: A newly recognized and undrilled target type (chargeability Read More

  • Knick Exploration Closes $300,000 Hard Cash Financing

    Val d'Or, Quebec, Canada, / TheNewswire / August 23, 2016 Knick Exploration Inc. ("Knick") (TSX- V: KNX) is pleased to announce the company has closed a $300,000 hard cash financing. (with a single individual ). The Units issued are part of a $500,000 offering (hard cash) and were offered by way of a Private Placement in all of the provinces of Canada, this private placement is available until the Read More

  • Tarku Renegotiates Terms for Tarku (Virgin River) Property, Saskatchewan

    CRANBROOK, BRITISH COLUMBIA--(Marketwired - Aug. 23, 2016) - Tarku Resources Ltd. (TSX VENTURE:TKU) (the "Company" or "Tarku") announces that it has amended the option agreement (the "Agreement") with Eagle Plains Resources Ltd. concerning the Tarku property (the "Property"), located in the province in Saskatchewan. Under the terms of the amendment, Tarku will acquire a 100% interest in the property and is not required to make further cash payments Read More

  • 1

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 24, 2015) - Candente Copper Corp. (TSX:DNT)(LMA:DNT) ("Candente Copper", or "Company") is pleased to announce that it has completed the Net Smelter Royalty Agreements (the "Royalty Agreements") between two of the Company's subsidiaries and Exploraciones Apolo Resources S.A.C. ("Apolo"), an affiliate of Entrée Gold Inc. (TSX:ETG) ("Entrée").

Pursuant to these agreements, the Company has granted a royalty for a 0.5% net smelter return ("NSR") on its wholly-owned Cañariaco Copper Project in Peru, in exchange for the aggregate sum of US$500,000.

The aggregate sum of US$500,000 was received from Entrée upon the successful registration of the Royalty Agreements in Peru. Funds will be used for general corporate purposes and activities at the Cañariaco Project including community related activites.

"Candente is very pleased to complete the Royalty Agreements that secure financing for the Company while minimizing dilution to share capital," commented Joanne Freeze, CEO of Candente. "Management continues to focus on minimizing expenditures during this extended period of low metal prices."

About Candente Copper

Candente Copper is a mineral exploration company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on its 100% owned Cañariaco Project, which includes the Feasibility stage Cañariaco Norte deposit as well as the Cañariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru.

At Cañariaco Norte 7.5 billion pounds of copper have been delineated in a Measured and Indicated* resource of 752.4 million tonnes grading 0.49% copper equivalent**. An Inferred Resource of 157.7 million tonnes at 0.44% copper equivalent has also been delineated in the Cañariaco Norte deposit.

A highly successful Phase I drilling program was carried out in 2013 on the Cañariaco Sur deposit. Future drilling is warranted for additional step-out holes at Cañariaco Sur as well as first phase drilling on the Quebrada Verde target.

In addition, Candente Copper holds several other base metal exploration projects in Peru. One of these, the Arikepay copper-gold porphyry, is being explored under a joint venture agreement with Zahena S.A.C. who is funding up to USD$5 million (M) in exploration expenditures and USD$4M in payments within 4 years.

Sean Waller, P.Eng., President and Joanne C. Freeze, P.Geo., CEO, are the Qualified Persons as defined by National Instrument 43-101 for the projects discussed above. They have reviewed and approved the contents of this release. *The 'Measured and Indicated Resource' listed above consists of Measured Resources of 338.1Mt at 0.48% Cu, 0.08 g/t Au, and 2.0/t Ag (0.52% Cu Eq.), plus Indicated Resources of 414.3Mt at 0.43% Cu, 0.06 g/t Au, and 1.8 g/t Ag (o.46% Cu Eq.). All resources quoted in this release are based on a 0.30% copper cut-off grade and 229 drill holes completed to the end of 2008. **Copper equivalent grade including gold and silver, metal recoveries (copper 90%, gold 55%; silver 50%) and smelter returns (copper 96.5%: gold 93%; silver 90%) applied. Copper grade equivalent calculation: Cu Eq% =(Cu % + ((Au grade x Au price x Au recovery x Au smelter return%)+(Ag grade x Ag price x Ag recovery x Ag smelter return%))/(22.0462 x Cu price x 31.0135 g/t x Cu recovery x Cu smelter return%). The metal prices used are: copper US$2.50/lb, gold US$1,035/oz and silver US$17.25/oz. Please refer to the pre-feasibility study progress report for the Cañariaco Norte Copper Project titled "Cañariaco Project, Lambayeque Department, Peru, NI 43-101 Technical Report on Pre-feasibility Study Progress Report" for further information.

About Entrée Gold

Entrée Gold Inc. is a Canadian based mineral exploration company balancing opportunity and risk with key assets in Nevada and Mongolia. Entrée has been advancing its Ann Mason Project in one of the world's most favourable mining jurisdictions, Nevada, and recently announced the results of an updated Preliminary Economic Assessment for this project.

Additionally, as a joint venture partner with a carried interest on a portion of the Oyu Tolgoi mining project in Mongolia, Entrée has a unique opportunity to participate in one of the world's largest copper-gold projects managed by one of the premier mining companies - Rio Tinto. Oyu Tolgoi, with its series of deposits containing copper, gold and molybdenum, has been under exploration and development since the late 1990s.

Sandstorm Gold, Rio Tinto and Turquoise Hill Resources are major shareholders of Entrée, holding approximately 12%, 11% and 9% of issued and outstanding shares, respectively.

On behalf of the Board of Candente Copper Corp.

Joanne C. Freeze, P.Geo., CEO, Director


Candente Copper Corp.
This email address is being protected from spambots. You need JavaScript enabled to view it.

Candente Copper Corp.
Walter Spagnuolo
Manager, Investor Relations
mobile: +1 (604) 306-8477
local: + 1 (604) 689-1957 ext 3

Candente Copper Corp.
Nataly Reategui
Investor Relations, Peru
(511) 715-2001 ext 107
This email address is being protected from spambots. You need JavaScript enabled to view it.


Receive Daily Newsletter With
All Morning Press Releases


Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California
Profile: Golden Queen Mining is producing gold and silver at the Soledad Mountain Project located 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 annually... VIEW FULL PROFILE