ALL NEWS RELEASES

  • Osisko Mining Announces $25 Million Bought Deal Flow-Through Equity Financing

    MONTREAL, QUEBEC--(Marketwired - June 27, 2016) - This document corrects and replaces the press release that was sent today, June 27, 2016 at 8:03 AM. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led, by Canaccord Genuity Read More

  • Anfield Resources Inc. Reports Positive Preliminary Economic Assessment on Velvet-Wood Uranium Project in Utah

    VANCOUVER, BRITISH COLUMBIA / TheNewsire / June 27, 2016 -- Anfield Resources Inc. (TSX.V: ARY) (FRANKFURT: 0AD)("Anfield" or "the Company"), is pleased to report the results of its Preliminary Economic Assessment ("PEA") with regard to the Velvet-Wood Uranium Project ("Velvet-Wood"). The independent PEA was prepared in accordance with National Instrument 43-101 standards of disclosure for mineral properties. Velvet-Wood, as discussed herein, consists of two mine areas, located in Lisbon Read More

  • Centerra Gold Reports Kumtor Mine Receives 2016 Mine Plan Approval

    TORONTO, ON--(Marketwired - June 27, 2016) - Centerra Gold Inc. (TSX: CG) reports that its Kumtor operation, located in the Kyrgyz Republic, has received the necessary approvals of Kumtor's 2016 annual mine plan. Today, the Kyrgyz Republic State Agency for Environmental Protection and Forestry ("SAEPF") issued its official environmental expertise (approval) on Kumtor's 2016 mine plan. Together with the approvals earlier this year of the industrial safety and Read More

  • Endeavour Silver Outlines Several Prospective New Silver-Gold Veins on the Terronera Property in Jalisco State, Mexico

    VANCOUVER, BC--(Marketwired - June 27, 2016) - Endeavour Silver Corp. (TSX: EDR) (NYSE: EXK) announces that its surface exploration program has outlined several prospective new silver-gold veins on the Terronera property in Jalisco State, Mexico. To date, mapping has extended the Terronera vein system over a 7 kilometre (km) by 7 km area and identified nine additional veins in the northern half of the property (view map). Sampling Read More

  • Newmarket Gold Reports Drill Results from Underground Delineation Drilling on the Harrier South Gold System at the Fosterville Gold Mine

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Newmarket Gold ("Newmarket" or the "Company") (TSX:NMI)(OTCQX:NMKTF) is pleased to report positive drill results from 57 underground holes, totaling 14,417 meters (m) from the Harrier South gold system at the Fosterville Gold Mine. Underground resource definition drilling, targeting down plunge extensions to the Harrier and Osprey gold system commenced in January, 2016. Drilling was targeted to further define previously identified Read More

  • Pilot Gold-RC/Core Drill Results, Goldstrike Oxide Gold Project-Utah

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce additional drill results from 6 Reverse Circulation (RC) and 4 diamond core holes at the 100% controlled Goldstrike Oxide Gold Project in southwestern Utah. The primary target is Carlin-style shallow, oxide gold mineralization on the 7 km long, 2 km wide "Historic Mine Trend", between and down-dip Read More

  • Golden Predator Announces $7,300,000 Investment By Eric Sprott As Part Of Larger Offering

    Vancouver, B.C. (FSCwire) - Golden Predator Mining Corp. (TSX.V: GPY) (the “Company”) is pleased to announce a private placement in the Company by Eric Sprott for gross proceeds of C$7,300,000 through the issuance of 10,000,000 Non-Flow Through Units (“Non-Flow Through Unit”) at a price of $0.73 per unit. The Company also announces an additional financing of up to 6,500,000 Flow-Through Units (the “Flow Through Units” and collectively Read More

  • Guyana Goldfields Inc. Announces Increase to Previously Announced Bought Deal Financing to $130 Million Offering of Common Shares

    TORONTO, ONTARIO--(Marketwired - June 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") has announced today that, due to strong demand, it has increased the size of its previously announced public offering to $130 million. The Company has entered an agreement with a syndicate of underwriters led by BMO Capital Markets, Scotiabank Read More

  • Contango ORE, Inc. Announces the 2016 Phase II Budget for its Joint Venture

    HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB:CTGO) is pleased to announce that the Management Committee of Peak Gold, LLC, (“Peak Gold”) managed by Royal Alaska, LLC, a wholly owned subsidiary of Royal Gold, Inc. (“Royal Gold”) has approved the 2016 Phase II budget of $6.8 million for the second half of the calendar year. This is in addition to the $4.2 million previously approved Read More

  • Scorpio Gold Reports Final Results from 2016 Exploration Drilling on the NW Brodie Trend, Mineral Ridge Project, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) reports final results from 2016 exploration drilling on the NW Brodie trend at its 70% owned Mineral Ridge project, located in Nevada. The NW Brodie trend extends over a 500 meter strike length between the Brodie and Bluelite deposits. Exploration drilling in 2014-2015 on the NW Brodie trend was based Read More

  • Orezone Announces Increase to Previously Announced Bought Deal Financing

    OTTAWA, ONTARIO--(Marketwired - June 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Orezone Gold Corporation (TSX VENTURE:ORE) (Orezone or the Company) is pleased to announce that, due to strong demand, the Company has increased the size of its previously announced offering to 23,000,000 common shares Read More

  • Orla Mining Announces Expected C$6 Million Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE OR DISSEMINATION TO THE UNITED STATES Orla Mining Ltd. ("Orla Mining" or the "Company") (TSX VENTURE:OLA) announces a non-brokered private placement financing of up to 12,000,000 units (the "Units") at a price of $0.50 per Unit for gross proceeds of Read More

  • Unigold Resumes Exploration Drill Program Targeting High Grade Systems at the Candelones Extension Deposit

    TORONTO, ONTARIO--(Marketwired - June 27, 2016) - Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE:UGD) is pleased to announce that exploration drilling at the Candelones Extension deposit in the Dominican Republic, will resume in July 2016 and continue through to December 2016. The Company's Board of Directors has approved an 8,000 metre drill program to follow up on the favourable results reported earlier this year: Target A (UGD Read More

  • Goldcorp releases 2015 Sustainability Report

    VANCOUVER, June 27, 2016 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) has published its latest Sustainability Report, which provides a detailed insight into the company's economic, environmental, and social performance, as well as its commitment to responsible mining and sustainability excellence. The report is independently assured, and follows the requirements of the G4 Global Reporting Initiative, the United Nations Global Compact, and the International Council on Read More

  • RTG Announces Execution of Agreement to Sell its Interest in the Segilola Gold Project for up to US$8.5m

    Subiaco, Western Australia (FSCwire) - RTG Mining Inc. (“RTG”, “the Company”) (TSX Code: RTG, ASX Code: RTG) is pleased to announce that Thor Explorations Ltd (“Thor”), a TSX-V listed company, has agreed to acquire RTG's interest in the Segilola Gold Project for total consideration of up to US$8.5m, including US$3m of consideration upfront. The consideration comprises the following components: US$1.5m in cash on completion; US$1.5m worth of Read More

  • Balmoral Launches Summer 2016 Drill Program

    VANCOUVER, BC--(Marketwired - June 27, 2016) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) reports that drilling has resumed on the Company's Detour Trend Project in Quebec. Two drills are currently active on the Company's Martiniere Property where their initial focus will be the on-going delineation and near surface expansion of the southern portion of the Bug Lake Gold Trend. The winter drill program Read More

  • Diamcor Provides Final Update on Rough Diamond Tenders for First Fiscal Quarter

    KELOWNA, BC, June 27, 2016 /CNW/ - Diamcor Mining Inc. (TSX-V.DMI / OTCQX-DMIFF), (the "Company") is pleased to announce the final results of rough diamonds delivered, tendered, and sold in the Company's first fiscal quarter ending June 30, 2016 from its Krone-Endora at Venetia project in South Africa (the "Project"). As previously announced on June 2, 2016, the Company completed the tender and sales of 3,031.95 carats of Read More

  • Orex Awards a Contract for Metallurgical Testing on the Sandra Escobar Silver Project in Durango, Mexico

    VANCOUVER, June 27, 2016 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that the analytical firm SGS Minerals Services has been awarded a contract to conduct the initial metallurgical testing on the Sandra Escobar Project in Durango, Mexico. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil"). A flat-lying unit of strataform, Read More

  • Tinka Commences Property-Wide Airborne Geophysics at Ayawilca

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Tinka Resources Limited ("Tinka" or the "Company") (TSX VENTURE:TK)(OTC PINK:TKRFF)(FRANKFURT:TLD) is pleased to provide an update of its exploration activities at the Company's 100%-owned Ayawilca project in central Peru. A helicopter-borne magnetic geophysical survey has now commenced, to cover the full 150 km2 of contiguous mineral claims owned by Tinka, with the purpose of identifying new areas prospective for base Read More

  • Asante Gold: Ned Goodman Appointed Chairman of the Board

    VANCOUVER, British Columbia, June 27, 2016 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE) (FRANKFURT:1A9) (the "Company") is pleased to announce that Ned Goodman has been appointed as the Chairman of the Board of Directors of the Company. Mr. Goodman is a geologist and an investment manager and has been active at the leading edge of the Canadian gold exploration, development and investment sectors for many decades. He Read More

  • Flinders Permitting for Expansion and High Purity Graphite Production

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Flinders Resources Limited ("Flinders" or the "Company") (TSX VENTURE:FDR) As previously announced by the Company on 02 March 2016, battery grade spherical graphite has recently been manufactured using graphite concentrate from Flinders' Woxna project in Sweden. Due to the ongoing success of the high purity graphite research, and the widely reported anticipated increase in demand for battery grade graphite, the Read More

  • Silver Bull to Complete CDN$464,100 Third Tranche of Private Placement, for Cumulative Gross Proceeds of CDN$1,464,100

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Silver Bull Resources, Inc., (TSX:SVB)(OTCQB:SVBL) ("Silver Bull" or the "Company") is pleased to announce its intention to complete the third tranche of the non-brokered private placement (the "Private Placement") of units (the "Units") of the Company announced on May 12, 2016. The Units will be issued Read More

  • Chibougamau Independent Mines Inc. Completes $1 Million Non-Brokered Private Placement

    ROUYN-NORANDA, QUÉBEC--(Marketwired - June 27, 2016) - Chibougamau Independent Mines Inc. (TSX VENTURE:CBG) (STUT:CLL) is pleased to announce that it has completed a previously-announced non-brokered private placement in an amount of $1,034,500 by issuing 15,690,000 units at a price of $0.05 per unit for proceeds of $784,500 and 5 million "flow-through" shares at a price of $0.05 per share for proceeds of $250,000. Each of the units consists Read More

  • Lydian Strengthens Management Team for Amulsar Construction

    TORONTO, ONTARIO--(Marketwired - June 27, 2016) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce the appointments of Joseph Phillips as Chief Operating Officer and Robert Carreau as Vice President of Sustainability, effective July 1, 2016. Mr. Phillips brings 43 years of senior experience in international mine development and operations. He was most recently the Chief Restructuring Officer for Carpathian Gold and Senior Vice Read More

  • Goldgroup Provides An Update On San José de Gracia Project

    VANCOUVER, June 27, 2016 /CNW/ - Goldgroup Mining Inc. ("Goldgroup" or the "Company") (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) has read a news article ("Article") dated June 26, 2016, published by Noroeste, a major newspaper based in the state of Sinaloa, in regards to a reported mandatory shutdown ("Shutdown") of the San José de Gracia ("SJG Project") mining operations by the State Government. While Goldgroup believes the article to Read More

  • Atlantic Gold Completes Final Tranche of Gold Price Hedging Contracts

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - All figures presented in Canadian Dollars, unless specified otherwise. Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to announce that pursuant to the terms of its hedging facility of up to 215,000 ounces, the Company has entered into gold price hedging contracts (the "Contracts") covering the remaining 35,000 ounces of production from the Company's Moose River Consolidated Read More

  • Coral Gold Seeks Shareholder Approval for the Sale of the Robertson Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) (the "Company" or "Coral"): The Company announces that the Notice and Information Circular and related proxy materials of its annual and special shareholders' meeting have been mailed to shareholders to provide them with information on the sale of the Robertson Property. On June 20, 2016, Coral entered into a purchase and sale agreement with Read More

  • Rock Tech Amends Private Placement Due to Oversubscription

    Vancouver, BC, Canada / TheNewswire / June 27, 2016 - Rock Tech Lithium Inc. (the "Company" or "Rock Tech") (TSX-V: RCK; Frankfurt: RJIB) announces that, due to higher than anticipated demand, it has amended the non-brokered private placement announced on May 16, 2016. The Company has increased the number of units on offer from 2,000,000 units to 3,940,000 units for gross proceeds of $1,182,000 (the "Offering"). The pricing, $0.30 Read More

  • ISS and Glass Lewis Recommend Voting 'FOR' Taseko AGM Resolutions

    VANCOUVER, June 27, 2016 /CNW/ - Taseko Mines Limited (TSX: TKO; NYSE MKT: TGB) ("Taseko" or the "Company") is pleased to announce that Institutional Shareholder Services ("ISS"), and Glass Lewis & Co ("Glass Lewis"), two leading independent proxy advisory firms, have both recommended that shareholders vote 'FOR' all items of business to be considered at the Company's Annual General Meeting which is scheduled for July 12, 2016. Read More

  • Great Thunder Retains Theberge to Design Nemaska Lake Lithium Exploration Program

    Victoria, B.C. (FSCwire) - Great Thunder Gold Corp. (TSXV: GTG) is pleased to announce that it has retained Mr. Donald Théberge, P.Eng., MBA of Solumines to design an exploration program for Great Thunder’s Nemaska Lake lithium property. The Nemaska Lake property is made up of four map designated cells covering 213 hectares. Geological mapping by Nemaska Lithium geologists on behalf of Tucana Lithium in 2011 revealed the Read More

  • Eureka Announces Drill Targets Identified at Gemini

    VANCOUVER, June 27, 2016 /CNW/ - Eureka Resources Inc. ("Eureka" or the "Company") (TSXV: EUK) is pleased to announce that the interpretation of recent geophysical surveys has identified conductive zones interpreted as lithium bearing brine targets at its Gemini Lithium Project ("Gemini"). Gemini is located in Esmeralda County in the western Lida Valley of south central Nevada, approximately 40 kilometres (26 miles) from North America's only producing Read More

  • Happy Creek samples 5.89% WO3 at South Grid and makes plans for Fox tungsten property

    June 27, 2016 / TheNewswire / Vancouver, British Columbia. Happy Creek Minerals Ltd. (TSXV: HPY) (the "Company") is providing an update on exploration results and plans for 2016 from its 100% owned Fox tungsten property. Between May 23-26th and May 30th-June 1st 2016 a reconnaissance and initial geological survey of the road accessible South Grid target was performed. The South Grid target was identified in late 2015 and Read More

  • Guyana Goldfields Inc. Announces C$110 Million Bought Deal Financing

    TORONTO, ONTARIO--(Marketwired - June 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Guyana Goldfields Inc. (TSX:GUY) ("GGI" or the "Company") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, Scotiabank and RBC Capital Markets, as joint bookrunners, under which the underwriters have agreed to buy on a bought Read More

  • Coronet Provides Update on White Caps Development Plan

    Vancouver, British Columbia--(Newsfile Corp. - June 27, 2016) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTC Pink: CORMF) ("Coronet" or the Company") is pleased to provide an update on its various initiatives moving the White Caps White Caps Gold Mining Project ("White Caps" or "the Project") forward. The Manhattan Mining District is located within the southern part of the Toquima Mountain Range in south central Nevada. The Read More

  • NexGen Announces Appointment of Technical and Development Personnel

    VANCOUVER, June 27, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSXV:NXE, OTCQX:NXGEF) is pleased to announce the appointment of Troy Boisjoli as Senior Project and Operations Manager – Arrow, Rook I, Rob Maciak as Senior Projects Manager – Permitting and Development, and Matthew Batty as Senior Geologist – Arrow Resource Development. Mr. Boisjoli has mine operating experience in uranium geology in the Athabasca Basin. Most recently, Mr. Read More

  • St. Augustine Announces Results of its Annual General Meeting

    HONG KONG, June 27, 2016 /CNW/ - St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") announced that shareholders have approved all resolutions brought before them at the Annual General Meeting of Shareholders held on June 24, 2016. The director nominees listed in the Company's 2016 management information circular filed on SEDAR were elected as follows: Name of Nominee Votes for Percentage Manuel Read More

  • Dominion Diamond Corporation Provides Further Update on Process Plant Fire at Ekati Diamond Mine

    YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company” or “Dominion”) reports that the fire which occurred in the process plant at the Ekati Diamond Mine on June 23rd was successfully extinguished on the same day, all personnel were safely evacuated from the plant and no injuries have been reported. The initial assessment of the process plant confirms damages were limited to a small area, Read More

  • Durango Identifies Pegmatite Outcrops In Nemaska Whabouchi South Property and Provides Corporate Update

    Vancouver, BC / TheNewswire / June 27, 2016 - Durango Resources Inc. (TSX.V-DGO), (the "Company" or "Durango") announces that further to the news release of June 23, 2016, Mr. Donald Theberge, P.Eng., M.B.A has identified pegmatite outcrops via satellite imagery which will help to direct the upcoming work program for Durango's Nemaska Whabouchi area properties. During Mr. Theberge's compilation of information on Durango's ground adjacent to and near the Read More

  • Thor Explorations: Proposed Acquisition of Segilola Gold Project and Private Placement Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 27, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES Highlights Acquisition Transformational Acquisition - Thor to acquire 100% of Segilola Gold Project with an indicated mineral resource estimate of 555,000 ounces of gold at 3.8 g/t Considered the most advanced gold project in Nigeria Project has significant exploration upside potential and near term production potential Thor Read More

  • Canasil Reports Awarding of Metallurgical Testing Contract at the Sandra-Escobar Project in Durango State, Mexico

    VANCOUVER, June 27, 2016 /CNW/ - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, "Canasil" or the "Company") is pleased to announce that Orex Minerals Inc. (TSX-V: REX, "Orex") has awarded to SGS Minerals Services a contract for initial metallurgical testing on composite core samples from the recent drill programs in the southeastern region of the Sandra-Escobar project in Durango State, Mexico. The project is being advanced Read More

  • Orezone Announces $20 Million Bought Deal Financing

    OTTAWA, ONTARIO--(Marketwired - June 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES. Orezone Gold Corporation (TSX VENTURE:ORE) (Orezone or the Company) is pleased to announce that it has entered into an agreement with a syndicate of underwriters pursuant to which they have agreed to purchase, Read More

  • UEX Corporation: High Grade Uranium Zone Extended at Christie Lake

    VANCOUVER, BC--(Marketwired - June 24, 2016) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce the radiometric results of drill hole CB-092-1 at the Christie Lake Project (the "Project"), where UEX has a $2.75 million drill program which recommenced in mid-June. The Project is owned 10% by UEX and 90% by JCU (Canada) Exploration Company Limited ("JCU"). UEX holds an option to earn up Read More

  • Primero Closes C$51.75 Million Bought Deal Offering

    TORONTO, ON--(Marketwired - June 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION TO UNITED STATES Primero Mining Corp. ("Primero" or the "Company") (TSX: P)(NYSE: PPP) is pleased to announce that it has closed its previously announced bought deal financing with a syndicate of underwriters led by BMO Capital Markets and including Scotiabank, TD Securities Inc., RBC Capital Markets and Paradigm Capital Read More

  • Independence Gold Closes Private Placement; Goldcorp Acquires 19.9%

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - NEWS RELEASE NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Independence Gold Corp. (TSX VENTURE:IGO) ("Independence" or "the Company") is pleased to announce that, further to the news release dated June 20, 2016, it has closed its private placement for total gross proceeds of C$1,959,278 from the sale of 10,884,880 flow through shares Read More

  • RNC Announces Closing of Over-Allotment Option in Connection With Bought Deal Financing

    TORONTO, June 24, 2016 /CNW/ - Royal Nickel Corporation ("RNC" or the "Company") (TSX: RNX) announced today that the over-allotment option granted by RNC in connection with the bought deal financing of 17,060,000 common shares (the "Common Shares") issued on May 26, 2016 at a price of $0.51 per Common Share (the "Issue Price") has been partially exercised, and an additional 1,000,000 Common Shares were issued on Read More

  • Alexandria to Re-Start Drill Program on Its 100% Owned Triangle Too Targets, Val d'Or Quebec

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) ("AZX" or the "Company") is pleased to announce that it will re-commence drilling its Triangle Too targets, located directly south of Integra Gold's Triangle Zone, on its 100% owned Airport property in Val d'Or, Quebec. The Company has identified 8 targets spread over the Airport property, based on Alexandria drilling, geophysics and historical drill hole data. Read More

  • Talon Metals Announces Results of AGM

    ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - June 24, 2016) - Talon Metals Corp. ("Talon" or the "Company") (TSX: TLO) is pleased to announce the results of its annual and special meeting of shareholders ("AGM") held today in St. Michael, Barbados. All of the nominee directors listed in Talon's management information circular dated May 26, 2016 were elected as directors. The results of the shares voted in respect of Read More

  • Red Pine Expands Sampling of Gold Zones in the Hornblende Shear Zone and Closes Non Brokered Private Placement

    TORONTO, ONTARIO--(Marketwired - June 24, 2016) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") has received updated drill results for holes HS-15-29 and HS-15-30 based on the analysis of an additional 13 samples as part of the Company's expanded sampling program of gold zones in the hornblende shear zone. The original drill results were press released on December 18, 2015. The updated composites gold Read More

  • Alacer Gold Continues to De-Risk Sulfide Project With Execution of Hedging Program

    TORONTO, June 24, 2016 (GLOBE NEWSWIRE) -- Alacer Gold Corp. (“Alacer” or the “Corporation”) (TSX:ASR) and (ASX:AQG) as previously announced the Corporation has been pursuing a hedging program for a portion of its oxide gold production as part of it’s de-risking efforts. The Corporation has sold 160,000 ounces of forward gold contracts at $1,273 per ounce for the period from July 2016 to September 2018. Hedging a Read More

  • Chalice Gold Mines: Appointment of Morgan Ball as a Non-executive Director

    PERTH, Western Australia, June 23, 2016 /CNW/ - Chalice Gold Mines Limited (ASX: CHN) (TSX: CXN) ("Chalice" or "the Company") is pleased to advise the appointment of experienced and highly-regarded Australian mining executive Mr Morgan Ball as a non-executive director of the Company. Mr Ball – who is a Chartered Accountant with more than 25 years of Australian and international experience in the resources, logistics and finance industries Read More

  • Sherritt Announces Acceleration of Ambatovy JV Shutdown

    TORONTO, ON--(Marketwired - June 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Sherritt International Corporation ("Sherritt") (TSX: S) today announced the commencement of a 14 day shutdown at the Ambatovy Joint Venture, bringing forward activity originally intended to be performed in August. A blockage in the tailings pipe was the main driver in the decision to accelerate the Read More

  • Thompson Creek Metals Company Announces Election of Directors and Approval of Other Proposals

    DENVER, June 24, 2016 /CNW/ - Thompson Creek Metals Company Inc. (TSX: TCM) (OTCQX: TCPTF) (the "Company" or "Thompson Creek"), a North American mining company, announced that, at the Company's 2016 Annual and Special Meeting of Shareholders held earlier today (the "Annual Meeting"), each of the director nominees named in the proxy statement for the Annual Meeting was elected to serve until the next annual meeting of Read More

  • East Africa Announces Voting Results From Annual Meeting

    VANCOUVER, BC--(Marketwired - June 24, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") announces voting results from its Annual Meeting of Shareholders held today in Vancouver, BC. A total of 46.2 million common shares, representing approximately 44.96% of the Company's issued and outstanding common shares, were voted in connection with the meeting. East Africa shareholders voted overwhelmingly in favour of all items Read More

  • Jaguar Announces Changes to the Board of Directors and Management

    TORONTO, June 24, 2016 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX-V: JAG) is pleased to announce the appointments of John Ellis and Robert Getz to its Board of Directors as independent, non-executive directors, while Jared Hardner has stepped down as Director on the Board, effective today. Additionally, the Company is pleased to announce the appointment of Hashim Ahmed as Chief Financial Officer, who was Read More

  • Premier Gold Announces the Results of its 2016 Meeting of Shareholders

    THUNDER BAY, ON, June 24, 2016 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce the results of its 2016 annual and special meeting of shareholders (the "Meeting") held in Toronto, Ontario on June 23, 2016. At the Meeting, all director nominees listed in the Company's management information circular dated May 17, 2016 were elected as directors of the Company on a vote held by Read More

  • Rugby Mining Announces CAD$2 Million Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 24, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE:RUG) announces that its board of directors have approved a proposed private placement offering of up to 6,666,667 units (the "Units") at a price of $0.30 per Unit for gross proceeds of up Read More

  • TriMetals Mining Inc. Confirms Start of Trenching on the Thor Vein Targets Within the Gold Springs Project

    VANCOUVER, BC--(Marketwired - June 24, 2016) - TriMetals Mining Inc. (TSX: TMI) (TSX: TMI.B) (OTCQX: TMIAF) (OTCQX: TMIBF) (the "Company"), is pleased to announce that trenching at the Thor vein system started on June 20 as planned, following the required bird survey. First results should be available by late July. As noted in the previous press release, the trenches are designed to expose the vein systems in the Read More

  • Peruvian Initiates Work at Igor Mine, Announces Private Placement

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    OTTAWA, ONTARIO--(Marketwired - June 24, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN Everton Resources Inc. ("Everton" or the "Corporation") (TSX VENTURE:EVR) announces the closing of the 1st tranche of its non-brokered private placement by issuing 8,070,000 units of the Corporation for gross proceeds of $403,500. Each Unit consisted Read More

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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

Golden Queen Mining Co. Ltd.

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