ALL NEWS RELEASES

  • Yamana Gold Announces First Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or "the Company") is herein reporting its financial and operational results for the first quarter 2016, including net earnings of $38.4 million or $0.04 per share, adjusted earnings(1) of $28.8 million or $0.03 per share, and net free cash flow(1,2) of $56.0 million. Additional highlights are provided as follows: OPERATIONAL HIGHLIGHTS Total gold production of 308,061 Read More

  • Franco-Nevada Reports Strong Q1 2016 Results and Increases Quarterly Dividend

    TORONTO, May 4, 2016 /CNW/ - Franco-Nevada Corporation (TSX: FNV; NYSE: FNV) is pleased to report its financial results for the first quarter of 2016. All figures are in U.S. dollars unless noted and highlights include: Record 106,621 Gold Equivalent Ounces(1) ("GEOs"), a 25% increase over Q1 2015; Record $132.0 million in revenue, a 21% increase; Net Income of $30.0 million, or $0.18 per share; Adjusted Net Read More

  • Osisko Reports First Quarter 2016 Results

    MONTREAL, QUEBEC--(Marketwired - May 4, 2016) - Osisko Gold Royalties Ltd (the "Company" or "Osisko") (TSX:OR) reports today first quarter adjusted earnings of $8.7 million ($0.09 per basic share). First Quarter 2016 Highlights 9,404 gold ounces earned and 9,417 ounces sold (Q1 2015 - 6,985 ounces earned and sold); 8,092 silver ounces earned and 8,100 ounces sold (Q1 2015 - 7,825 ounces earned and sold); Revenues of $15.6 million (Q1 Read More

  • Denison Reports Results From Active Q1 2016, Including Positive Economics for Wheeler River and Sale of African Assets

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE MKT:DNN) today filed its Consolidated Financial Statements and Management's Discussion & Analysis ("MD&A") for the period ended March 31, 2016. Both documents can be found on the Company's website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at www.sec.gov/edgar.shtml). The highlights provided below are derived from these documents and should be read Read More

  • Thompson Creek Reports First Quarter 2016 Financial Results

    DENVER, May 4, 2016 /CNW/ - Thompson Creek Metals Company Inc. (TSX: TCM) (OTCQX: TCPTF) (the "Company" or "Thompson Creek"), a North American mining company, announced today financial results for the three months ended March 31, 2016, prepared in accordance with United States generally accepted accounting principles ("US GAAP"). All dollar amounts are in United States ("US") dollars unless otherwise indicated. Jacques Perron, President and Chief Executive Read More

  • Dundee Precious Metals Announces 2016 First Quarter Results

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - (All monetary figures are expressed in U.S. dollars unless otherwise stated) Dundee Precious Metals Inc. (TSX:DPM) - Q1 2016 Financial and Operating Highlights: Metals production from continuing and discontinued (Kapan) operations - Achieved gold and copper production of 52,024 ounces and 11.2 million pounds, respectively, including pyrite concentrate, in line with 2016 guidance; All-in sustaining cost per ounce of gold from continuing operations Read More

  • Agnico Eagle Provides a Progress Update on the Barsele Au-VMS Project, indicating expansion of the mineralized zone

    VANCOUVER, May 4, 2016 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report to its shareholders recently-released operational progress on the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden (the "Barsele Project") contained in Agnico Eagle Mines Limited's – (TSX, NYSE: AEM) ("Agnico Eagle") press release announcing its first quarter 2016 results. The exploration program at the Barsele Project Read More

  • Primero Reports First Quarter 2016 Financial Results; San Dimas Production Rates Returned to Plan in April

    TORONTO, ON--(Marketwired - May 04, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) today reported financial results for the first quarter ended March 31, 2016. Highlights: Creating and Sustaining a Safety-First Culture: As reported on April 18, 2016, Primero's principal focus during the first quarter of 2016 was to create and sustain a safety-first culture at its operations. As a result of the Read More

  • Pure Gold Reports Additional Near Surface, High Grade Gold at Russet South, Madsen Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Pure Gold Mining Inc. (TSX VENTURE:PGM) ("Pure Gold" or the "Company") is pleased to announce additional results from drilling at Russet South located on the Company's 100% owned Madsen Gold Project ("Madsen"). Results reported herein from the Beta and Kappa targets intersected high grade, near surface gold mineralization within close proximity to the existing mining infrastructure. "Our winter drill program Read More

  • TerraX Drills New Gold Zone at Homer Lake, Yellowknife City Gold; Results Include 15.91 m @ 1.78 g/t Au and 14.9 g/t Ag, Including 2.70 m @ 5.51 g/t Au and 53.6 g/t Ag

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - TerraX Minerals Inc. (TSX VENTURE:TXR)(FRANKFURT:TX0)(OTC PINK:TRXXF) has received assay results from a six hole drill program totalling 1,147 meters at Homer Lake on the Yellowknife City Gold Project ("YCG"), immediately north of Yellowknife in the Northwest Territories. Two holes (THL16-008 and 009) tested a north striking quartz vein and sulphide gold zone that crosses the Homer Lake base metal structure. Read More

  • Cypress Adds Additional Lithium Claims to Its Clayton Valley Lithium Project in Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Cypress Development Corp. (TSX-VENTURE:CYP)(OTCBB:CYDVF)(FRANKFURT:C1Z1) ("Cypress" or the "Company") is pleased to announce that the Company has acquired, via staking, an additional 12 placer claims as a compliment to Cypress' existing land package located in the heart of the Clayton Valley, Nevada lithium brine exploration area. Cypress Clayton Valley Lithium Project, Nevada location map: Cypress' 1520 acre Clayton Valley Project is Read More

  • High Grade Gold Identified at Snow Lake Project Summer Exploration Program to Commence

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE:RCU) is pleased to announce high gold grades from surface grab samples at its Dickstone North Property as part of its ongoing regional exploration program on its Snow Lake Project ("Project") located in central Manitoba. Grab sample results ranging from trace to as high as 21.2g/t gold were identified within a mineralized quartz Read More

  • Kapuskasing Gold Signs 2nd MOU with First Nations and Appoints New Director & Officer

    Vancouver, British Columbia (FSCwire) - Kapuskasing Gold Corp. (TSX-V: KAP) (the “Company” or “KAP”) is pleased to announce the signing of a memorandum of understanding (the “MOU”) with Flying Post and Mattagami First Nations (the “First Nations”) with respect to KAP’s recently acquired West Keefer Property located in Northern Ontario, near the town of Timmins. The MOU establishes the desire for First Nations and KAP to work Read More

  • Katanga Mining announces first quarter 2016 production results and date for release of Q1 2016 financial results

    BAAR, Switzerland, May 3, 2016 /CNW/ - Katanga Mining Limited (TSX: KAT) ("Katanga" or the "Company") today announces first quarter 2016 production results and date for release of Q1 2016 financial results. Highlights during the three months ended March 31, 2016, and Outlook Three months ended Mar 31, Dec 31, Mar 31, 2016 2015 2015 Mining Waste mined tonnes 1,142,672 9,781,277 6,391,114 Ore mined tonnes 0 202,559 Read More

  • IDM Mining Announces 2016 Red Mountain Work Program and Welcomes Premier Gold as a Shareholder

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) ("IDM" or the "Company") is pleased to announce the 2016 drilling program, along with engineering and environmental studies planned for the Red Mountain Gold Project ("Red Mountain" or the "Project"), located in northwest British Columbia near the town of Stewart. Additionally, IDM wishes to announce that Premier Gold Mines Limited (TSX:PG), a leading North America-focused Read More

  • Riverside Expands Exploration Targets at the Glor Gold Project in Sonora, Mexico

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99), is pleased to provide an exploration update on recent exploration work at the Company's Glor Gold Project (the "Project"), located approximately 8 km west of Alamos Gold's El Chanate Gold Mine in Sonora, Mexico. Several large scale target areas have been identified over an area covering approximately 25 square kilometres, Read More

  • Pele Mountain Provides Update on Development Plans and Progress in Elliot Lake

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today provided an update regarding development plans and progress for its Rare Earth Processing Centre and Solar Energy Power projects at and near its Eco Ridge property ("Eco Ridge" or the "Property") in the City of Elliot Lake, Ontario (the "City"). In 2015, Pele renamed its main operating subsidiary "Eco Ridge Read More

  • Primero Announces Election of Directors

    TORONTO, ON--(Marketwired - May 04, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announces that today, at its Annual General and Special Meeting of Shareholders (the "Meeting"), all Directors nominated as listed in the Management Information Circular dated March 22, 2016 were re-elected. The detailed results are as follows: Director Votes For % Withheld Votes % Wade Nesmith 109,208,954 98.06 2,160,202 1.94 Joseph Conway 109,731,083 Read More

  • Orvana Reports Second Quarter Fiscal Results and Provides Operational Update

    TORONTO, May 4, 2016 /CNW/ - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") announced today financial and operational results for the second quarter of fiscal 2016 ("Q2 2016"). The Company is also providing financial and operational results for its OroValle (El Valle Mine) operations in northern Spain and for its EMIPA (Don Mario Mine) operations in Bolivia. The unaudited condensed interim consolidated financial statements for Q2 Read More

  • Ely Gold closes acquisition of Nevada Mineral Properties - Files NI 43-101 on Weepah property

    VANCOUVER, May 4, 2016 /CNW/ - Ely Gold and Minerals Inc. ("Ely Gold" or the "Company") (TSX-V:ELY OTC:ELYGF) is pleased to announce that it has closed its acquisition of certain assets of Nevada Eagle LLC ("Nevada Eagle"), a private U.S. corporation, pursuant to a binding agreement (the "Agreement"), announced in a news release on February 26, 2016. The Agreement received notice of final acceptance from the TSX Read More

  • Tahoe Announces Election Of Directors

    VANCOUVER, British Columbia, May 4, 2016 /CNW/ -- Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) is pleased to announce the nine nominees for the board of directors as listed in the management information circular dated April 4, 2015, were elected. On Wednesday, May 4, 2016, at the Annual General Meeting ("AGM") of Shareholders in Toronto, Ontario, on a show of hands, Tahoe's Board Chair declared that each Read More

  • Nevsun Receives Strong Support from Shareholders at 2016 AGM

    VANCOUVER, May 4, 2016 /CNW/ - Nevsun Resources Ltd. (TSX:NSU) (NYSE MKT:NSU) (the "Company" or "Nevsun") is pleased to announce the results of voting at its annual general meeting of shareholders which was held on May 4, 2016, in Vancouver, British Columbia (the "Meeting"). A total of 75.98% of outstanding shares were voted at the Meeting which showed a high participation of shareholders and evidenced strong support Read More

  • Yamana Gold Declares Second Quarter Dividend

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - YAMANA GOLD INC. (TSX:YRI)(NYSE:AUY) ("Yamana" or the "Company") declares a second quarter 2016 dividend of $0.005 per share. Shareholders of record at the close of business on June 30, 2016 will be entitled to receive payment of this dividend on July 14, 2016. The dividend is an "eligible dividend" for Canadian tax purposes. About Yamana Yamana is a Canadian-based gold producer Read More

  • LeadFX Announces Details of Annual and Special Meeting of Shareholders and New Chairman

    TORONTO, ON--(Marketwired - May 04, 2016) - LeadFX Inc. (the "Company" or "LeadFX") (TSX: LFX) is pleased to announce its slate of nominees to the board of directors (the "Board") for election at the June 9, 2016 annual and special meeting of shareholders (the "Meeting"). The slate is comprised of six current directors. Messrs. J. Trevor Eyton, Wayne Richardson, David Ming Qi, Peter Robson, David Warner and Robert Read More

  • Gold Resource Corporation Reports First Quarter Results

    COLORADO SPRINGS, CO--(Marketwired - May 4, 2016) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") reported production results for the first quarter ended March 31, 2016 of 6,463 ounces of gold and 434,142 ounces of silver, which generated $17.4 million in net revenue for the quarter. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company Read More

  • Turquoise Hill Announces Results of Voting for the Election of Directors

    VANCOUVER, BC--(Marketwired - May 04, 2016) - Turquoise Hill Resources today announced that the nominees set forth in the company's management proxy circular dated March 15, 2016 were elected as directors of Turquoise Hill Resources. The detailed results of the vote for the election of directors held at the Annual Meeting of Shareholders, which took place on May 3, 2016 in Vancouver, are set out below. Election of Read More

  • Aberdeen Completes Normal Course Issuer Bid

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) has successfully completed its normal course issuer bid ("NCIB") for the year as announced in the press release dated March 8th, 2016. Under the NCIB, Aberdeen was able to purchase for cancellation 10% of the common shares in the public float. Based on the 66,168,462 common shares in the public float as of Read More

  • Exeter Resource Corporation Announces Filing of Annual Report on Form 20-F

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - Exeter Resource Corporation (NYSE MKT:XRA)(TSX:XRC)(FRANKFURT:EXB) ("Exeter" or the "Company") announces that it has filed its 2015 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC"). Exeter's Form 20-F is available on its website at www.exeterresource.com under the heading "Form 20-F - For fiscal year ended December 31, 2015" and on the SEC's website at www.sec.gov. In Read More

  • Golden Star Reports First Quarter 2016 Results

    TORONTO, May 4, 2016 /CNW/ - Golden Star Resources Ltd. (NYSE MKT: GSS; TSX: GSC; GSE: GSR) ("Golden Star" or the "Company") today reports its financial and operational results for the first quarter ended March 31, 2016. Highlights include: 53,217 ounces of gold were produced during the quarter consistent with fourth quarter 2015 production levels Consolidated cash operating costs1 of $721 per ounce, a decline of 32% Read More

  • Osisko Declares Second Quarter Dividend

    MONTREAL, QUEBEC--(Marketwired - May 4, 2016) - Osisko Gold Royalties Ltd (TSX:OR) ("Osisko" or the "Corporation") is pleased to declare a second quarter 2016 dividend of $0.04 per share payable on July 15, 2016 to shareholders of record as of the close of business on June 30, 2016. This dividend is an "eligible dividend" as defined in the Income Tax Act (Canada). Sean Roosen, Chair and Chief Executive Read More

  • Minera Alamos Inc. Completes La Fortuna Gold Project Acquisition

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Minera Alamos Inc. (TSX VENTURE:MAI) (the "Company" or "Minera Alamos") is pleased to announce it has closed its acquisition of the La Fortuna Gold Project located in Durango Mexico from Argonaut Gold Inc. ("Argonaut") (see the Company's press release dated January 8, 2016). "This acquisition is consistent with the Company's objective of adding late stage development opportunities to our growing mineral Read More

  • Hunt Mining Closes $2 Million Financing

    LIBERTY LAKE, WASHINGTON--(Marketwired - May 4, 2016) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX) is pleased to announce a US$2.0 million financing on a loan basis from a related party, to be reviewed and renewed periodically. The funds will be used to further development and initiatives as discussed in previous news releases. About Hunt Mining Hunt Mining Corp. has continued to develop its properties as an active Read More

  • Auryn closes $15M bought deal offering

    VANCOUVER, May 4, 2016 /CNW/ - Auryn Resources Inc. (TSX-V: AUG, OTCQX: GGTCF "Auryn" or the "Company") is pleased to announce that it has completed its previously announced bought deal short form prospectus offering of 4,285,714 non-flow through shares (the "Common Shares"), which includes 559,006 Common Shares issued on exercise of the underwriters' full over-allotment option, at an issue price of CAD$1.40 per Common Share and 4,732,700 Read More

  • Colorado Announces Non-Brokered Financing for Up to $4M

    WEST KELOWNA, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") announces it is undertaking a non-brokered private placement for an aggregate of $4,032,000 of securities of Colorado (the "Offering"), comprised of 7,200,000 units of the Company (the "Units") at an issue price of $0.35 per Read More

  • Gold Reserve Closes First Tranche of Private Placement

    SPOKANE, Wash.--(BUSINESS WIRE)--Gold Reserve Inc. (TSX.V:GRZ) (OTCQB:GDRZF) (the “Company” or “Gold Reserve”) is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement (the “Private Placement”). To date, the Company has issued an aggregate of 5,210,000 Class A Common Shares of the Company (the “Shares”) at a price of US $4.00 per share for proceeds in the amount of US Read More

  • Altius (TSX:ALS) Completes Chapada Copper Purchase Agreement and Closes Debt Financing

    ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwired - May 4, 2016) - Altius Minerals Corporation (TSX:ALS) ("Altius") is pleased to report that it has successfully closed the previously announced copper purchase agreement related to the Chapada copper-gold mine located in central Brazil. A final payment of US$52 million and 400,000 common share purchase warrants of Altius has been made to a subsidiary of Yamana Gold Inc. ("Yamana"), which now completes Read More

  • Nevada Sunrise Signs Definitive Agreement with Resolve Ventures for Neptune Lithium Property

    VANCOUVER, May 4, 2016 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce it has entered into a definitive joint venture and option agreement (the "Definitive Agreement") with Resolve Ventures Inc. ("Resolve") (TSXV: RSV) of Vancouver, BC, Canada, for Resolve to earn up to a 50% working interest in the Neptune lithium property ("Neptune", or the "Property"). Neptune consists Read More

  • Arizona Mining closes acquisition: Now owns 100% of Hermosa Project

    VANCOUVER, May 4, 2016 /CNW/ - Arizona Mining Inc. (TSX: AZ) ("Arizona Mining" or the "Company") is pleased to announce it has closed the acquisition of the 20% interest in the common shares of Arizona Minerals Inc. it did not own on the terms previously disclosed. The Company now owns 100% of the Hermosa Project, which includes the Taylor Deposit. About Arizona Mining Arizona Mining Inc. is Read More

  • Bayhorse Silver Plans to Drill Bridging the Gap Project in Idaho's "Silver Valley", USA

    VANCOUVER, BC--(Marketwired - May 04, 2016) - Bayhorse Silver Inc. (TSX VENTURE: BHS) (the "Company") is planning to diamond drill 1,500 meters at the Bridging the Gap Project (BTG) in Idaho's highly prolific "Silver Valley", USA. Drilling will target a pair of major silver/lead/zinc structures, the Crown Point/Silver King Mines, historically mined at an average grade of 12 opt silver and 10% lead, and the Shea zone. The Read More

  • Stakeholder Plans Ballarat Project Exploration Program, Dawson Range, Yukon, 2016

    Toronto, Ontario--(Newsfile Corp. - May 4, 2016) - As previously announced on March 30, 2016, Stakeholder Gold Corp. (TSXV: SRC) ("Stakeholder" or the "Company") will be exploring the Ballarat gold project located in the White Gold District of the Yukon Territory. GroundTruth Exploration Inc. will conduct an exploration program on the Ballarat property's Northwest and Eastern zones. The Eastern zone gold-in-soils anomaly is located approximately 500 m from Read More

  • Callinex Increases Private Placement to $4.2 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 4, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES Callinex Mines Inc. (the "Company" or "Callinex") (TSX VENTURE:CNX)(OTCQX:CLLXF) is pleased announce that it has increased its previously announced non-brokered private placement financing (see news release dated April 25, 2016) to CAD $4.2 million (the "Offering"). The Offering will now consist of up to 7,000,000 flow-through shares at a Read More

  • Crown Mining Completes $207,939.96 Non-Brokered Private Placement

    Toronto, Ontario--(Newsfile Corp. - May 4, 2016) - Crown Mining Corp., (TSXV: CWM) ("Crown" or the "Company") is pleased to announce that it has received approval from the TSX Venture Exchange to complete its a non-brokered private placement previously announced on April 13, 2016 (the "Private Placement") for increased aggregate gross proceeds of $207,939.96. The Private placement will officially close in the next few days as the Company Read More

  • Coronet Announces British Columbia Securities Commission Technical Disclosure Review

    Vancouver, British Columbia--(Newsfile Corp. - May 4, 2016) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTC Pink: CORMF) ("Coronet" or the "Company") announces that as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to clarify some of its previous disclosures. In press releases issued on October, 10, 2012, October 31, 2012 and June 18, 2013 and in Read More

  • Forsys Announces Annual and General Meeting Voting Results

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - Forsys Metals Corp. (TSX:FSY)(FRANKFURT:F2T)(NAMIBIAN:FSY) ("Forsys" or the "Company") is pleased to announce that in connection with the annual and general meeting of the Company's shareholders held in Toronto on May 3, 2016 (the 'Meeting') and in accordance with section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following voting results were obtained. A total of 1,962,235 common shares representing 1.45% Read More

  • Uranium Participation Corporation Reports Net Asset Value at April 30, 2016

    TORONTO, ONTARIO--(Marketwired - May 4, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at April 30, 2016 was CAD$519.0 million or CAD$4.49 per share. As at April 30, 2016, UPC's investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Read More

  • Goldstar Closes Second and Final Tranche of Offering of Flow-Through Units and Non-Flow-Through Units

    MONTRÉAL, QUÉBEC--(Marketwired - May 4, 2016) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES. Goldstar Minerals Inc. ("Goldstar" or the "Corporation") (TSX VENTURE:GDM) The Corporation is pleased to announce that the second tranche of the offering was completed for gross proceeds of $167,500, consisting of 5,650,000 flow-through shares and 2,725,000 non flow-through shares as well as an aggregate of 5,550,000 warrants. The Corporation Read More

  • Randgold Resources: First Quarter Results and Updates

    JERSEY, CHANNEL ISLANDS--(Marketwired - May 4, 2016) - Randgold Resources (LSE: RRS) (NASDAQ: GOLD) RANDGOLD RESOURCES LIMITEDIncorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD LOULO LEADS THE WAY IN CHALLENGING BUT PROFITABLE QUARTER London, Wednesday 4 May 2016 - Randgold Resources' flagship operation, the Loulo-Gounkoto complex in Mali, delivered a robust performance in the quarter to March when its Kibali and Read More

  • Santacruz Options Zacatecas District Claims from Golden Minerals Company

    VANCOUVER, May 4, 2016 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports that it has entered into an option agreement to acquire from Golden Minerals Company ("Golden Minerals") certain mineral claims located in the Zacatecas Mining District, Zacatecas, Mexico (the "Zacatecas Properties"). (Please refer to Figure 1 at end of the news release for location map) (Photo: http://photos.prnewswire.com/prnh/20160504/363449 ) The Zacatecas Mining District is Read More

  • Taseko: BC Supreme Court Adjourns Hearing on Dissidents' Claims

    VANCOUVER, May 4, 2016 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") announced that on May 3, 2016, after a day of proceedings, the British Columbia Supreme Court adjourned a hearing on claims by dissident Raging River Capital LP ("RRC") and another shareholder against Taseko and certain of its directors and officers. The hearing is scheduled to continue on June 27, Read More

  • TVI's 30.66% Owned TVIRD Receives Approval to Develop the Balabag Gold-Silver Project

    CALGARY, May 4, 2016 /CNW/ - TVI Pacific Inc. (TSX: TVI) (OTC Pink: TVIPF) ("TVI" or "the Company") is pleased to announce that TVI Resource Development (Phils.), Inc. ("TVIRD"), a company in which TVI has a 30.66% equity interest, has received approval for its Declaration of Mining Project Feasibility ("DMPF") from the Philippines' Department of Environment and Natural Resources ("DENR") at its 100% owned Balabag gold-silver project Read More

  • Atalaya Mining PLC: Update on plant re-start and commissioning

    NICOSIA, CYPRUS--(Marketwired - May 4, 2016) - Atalaya Mining PLC (AIM: ATYM) (TSX: AYM) AIM: ATYM; TSX: AYM 04 May 2016 Atalaya Mining plc ("Atalaya" or the "Company") Update on plant re-start and commissioning of the Expansion Project Atalaya Mining plc (AIM: ATYM, TSX: AYM), the European mining and development company, is pleased to report that the temporary tailings disposal suspension (as announced on 22 April 2016) has Read More

  • Rambler Metals & Mining PLC: Ming Mine Project Receives Safety Award

    BAIE VERTE, NL--(Marketwired - May 4, 2016) - Rambler Metals & Mining PLC (TSX VENTURE: RAB) (LSE: RMM) TSX-V: RAB; LSE: RMM 4 May 2016 Rambler's Ming Mine Project Receives the John T Ryan Safety Award from the CIM London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Read More

  • Paladin Energy Ltd: March Quarter 2016 Conference Call and Investor Update -- 11 May 2016

    PERTH, WESTERN AUSTRALIA--(Marketwired - May 04, 2016) - Paladin Energy Ltd (ASX: PDN) (TSX: PDN) ("Company") announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 07:30 Perth, 07:30 Hong Kong and 0:30 London on 11 May 2016 and 19:30 Toronto on 10 May 2016, to give an update on the Company's activities. Paladin Update Date: 11 May 2016 Time: 07:30 Read More

  • Uragold Provides Update to Purevap™ Process, Roncevaux Program, Beauce Gold Spinout, Name Change and Upcoming AGM

    MONTREAL, QUEBEC--(Marketwired - May 4, 2016) - Uragold (TSX VENTURE:UBR)(FRANKFURT:UGE)(OTC PINK:URAGD) would like to inform its shareholders that PyroGenesis Canada Inc. ("PyroGenesis") has advised Uragold that the PUREVAP™ Quartz Vaporization Reactor (QVR) validation program, now in its beneficiation stage, will take slightly longer than originally anticipated. The reason for the delay is not significant and was due to the failure of an off-the-shelf electrode. PyroGenesis has already redesigned Read More

  • American Lithium raises $2 million

    VANCOUVER, May 3, 2016 /CNW/ - American Lithium Corp. ("American Lithium" or the "Company") (TSXV: LI) is pleased to announce that it has completed a private placement of 3,333,333 units (each, a "Unit"), at a price of $0.60 per unit, for gross proceeds of $2,000,000. Each Unit consists of one common share of the Company, and one-half-of-one common share purchase warrant (each whole warrant, a "Warrant"). Each Read More

  • Intact Gold announces CFO

    VANCOUVER, May 4, 2016 /CNW/ - Intact Gold Corp. (TSX-V: ITG) (FSE: 1A5) (the "Company" or "Intact Gold"), is pleased to announce that it has appointed Konstantin Lichtenwald as the Company's CFO. Mr. Konstantin Lichtenwald specializes in providing corporate finance, valuation, taxation, financial reporting, consulting and other accounting services to both small businesses as well as public commodity resource companies. Konstantin also assists in many aspects of Read More

  • Ned Goodman Appointed President and CEO

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  • 1

MONTREAL, QUEBEC--(Marketwired - Dec. 14, 2015) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") wishes to give an update of its ongoing activities related to developing the Authier Lithium property which has a measured and indicated resource of 7.7 million tonnes grading 0.96% Lithium Oxide at 0.50% cut off. The project has a ten year mine life based on processing 2,200 tonnes per day. The data was retrieved from Glen Eagle's Preliminary Economic Assessment Study done by SGS Canada. The Authier Property Technical Report shows a core resource with 3.7 million tonnes grading 0.94% at a strip ratio of 2:1. Canada Lithium, located near Authier, has a Feasibility Study showing proven and probable reserves of 17.1 million tonnes grading 0.94% Lithium Oxide at 0.60% cut off with a strip ratio of 5.4:1 in addition of having a Lithium Carbonate plant recently built at a cost of $291.3 million. The plant is currently on care and maintenance due to bankruptcy filings.

In order to maximize regional resource development and the potential of the Authier Lithium property, Glen Eagle has proposed a consolidation through a Joint Venture of its Authier Lithium asset with that of Canada Lithium to achieve a potential restart of Canada Lithium operations. Glen Eagle has commissioned a detailed business plan from experienced operators, engineers and managers to support its proposal which has been presented to potential European product Off Takers, strategic funding partners and current parties involved in the liquidation of Canada Lithium including Investissement Quebec. Should the Company be successful in its endeavor, Glen Eagle would have no funding responsibility other than transferring its asset into the Newco and play an active role in the financial engineering and structuring of the Newco. The proposal also made clear to all participants that a restart of Canada Lithium operations in the area has a better chance to succeed with the contribution of Authier by bringing to the Canada Lithium project a more favorable strip ratio and a longer mine life.

This News Release does not imply that a Transaction will take place under the current proposal but was rather issued to disclose ongoing information under the TSX Venture regulations regarding continuous disclosure.

Gilles Laverdiere, P.Geo., a qualified person under NI 43-101 has approved the technical content presented herein.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 
Glen Eagle Resources Inc.
Jean Labrecque
450-229-4488
www.gleneagleresources.com

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FEATURED JUNIOR

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