• Goldcorp announces work stoppage at its Cerro Negro mine

    VANCOUVER, Oct. 2, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) announced today a work stoppage by miners represented by the Asociacion Obrera Minera Argentina, Province of Santa Cruz delegation at the Cerro Negro mine. A comprehensive contingency plan is in place during this shutdown of operations that will enable mining and processing to be restarted immediately following the return of the workforce. Our focus is on personnel Read More

  • Kinross Addresses Regulatory Review of West Africa Operations

    TORONTO, ON--(Marketwired - October 02, 2015) - In response to media inquiries, Kinross Gold Corporation (TSX: K) (NYSE: KGC) wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations.In August 2013, Kinross received information regarding allegations of improper payments made to government officials and certain internal control deficiencies at its West Africa mining operations. Kinross takes such allegations very seriously Read More

  • MGX Minerals Receives Permit to Conduct Archaeological Impact Assessment on Driftwood Creek Magnesium Project

    VANCOUVER, BRITISH COLUMBIA / October 2, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) reports that the necessary permits have been received from the Archaeology Branch of the British Columbia Ministry of Forests, Lands and Natural Resource Operations to conduct an Archaeological Impact Assessment (AIA) on the Company’s flagship Driftwood Creek magnesium project (“Driftwood Creek”). As announced by MGX in late July (see press Read More

  • Northern Vertex Amends Warrant Expiry Date

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") announces that it has, subject to regulatory approval, amended the expiry date of an aggregate total of 1,321,500 unexercised share purchase warrants from October 4, 2015, by a further six months to April 4, 2016. Pursuant to the non-brokered unit private placement that closed on April 4, 2011, a total of 1,571,500 Read More

  • Hudson Signs Exploitation License and Impact Benefit Agreement in Greenland and Provides Update on Pre-Construction Activities

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - HUDSON RESOURCES INC. (the "Company") - (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce that the Government of Greenland, the Qeqqata Municipality and Hudson Resources have now signed the recently approved 30-year exploitation (mining) license and the Impact Benefit Agreement for the White Mountain anorthosite project (see release NR2015-08). The signing ceremony was held on September 24th at the Greenland School of Minerals Read More

  • Timmins Gold Reports Small Tear In New Leach Pads

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - This week mine staff of Timmins Gold (TSX:TMM)(NYSE MKT:TGD) spotted a 2m tear in the liner of the new leach pads at its San Francisco open pit, heap leach gold mine in Sonora, Mexico. The area adjacent to the tear had just been placed under leach and a small amount of the leach fluids flowed over the area of the Read More

  • Drill Permit Approved by Saskatchewan for Patterson Uranium Drilling

    Vancouver, BC / TheNewswire / October 2 2015 - Makena Resources Inc. (the "Company" or "Makena") (TSX-V: MKN) is pleased to announce that the drill permit for the Patterson Uranium Prospect has been approved by the Saskatchewan government. Negar Adam, President of Makena states, "This is a very positive step forward. We anticipate the drill program to commence shortly. The Athabasca Basin is in one of the foremost Uranium Read More

  • Uranium Participation Corporation Reports Net Asset Value at September 30, 2015

    TORONTO, ONTARIO--(Marketwired - Oct. 2, 2015) - 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 September 30, 2015 was CAD$725.7 million or CAD$6.23 per share. As at September 30, 2015, UPC's investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts) Quantity Read More

  • Anglo Pacific Group PLC: Company Share Option Plan & Notification of PDMR

    LONDON, UNITED KINGDOM--(Marketwired - Oct 2, 2015) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF) - Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that on October 1, 2015 it granted to employees a total of 84,414 options to buy ordinary shares of 2 pence each in the Company at an exercise price of £0.77 per share under the Anglo Pacific Group Company Share Option Read More

  • EnerGulf Completes Acquisition of Columbus Copper

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - EnerGulf Resources Inc. (TSX VENTURE:ENG)(FRANKFURT:EKS) ("EnerGulf") is pleased to announce that it has completed the acquisition of Columbus Copper Corporation ("Columbus Copper") by way of a previously announced plan of arrangement. Columbus Copper is now a wholly-owned subsidiary of EnerGulf. The arrangement was approved by the shareholders of Columbus Copper at its meeting held on September 25, 2015. A final Read More

  • Revised: Barisan Gold Secures Local Indonesian Partner to Advance Indonesian Projects to Production

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Barisan Gold Corporation (TSX VENTURE:BG) is pleased to announce that it has entered into a preliminary agreement with PT Insignia Adimulia, a prominent Indonesian group, to jointly advance Barisan's Indonesian properties. Under the terms of the agreement, the Indonesian group will take an 80% equity interest in both of Barisan's Indonesian subsidiaries, with Barisan Gold maintaining a 20% equity interest. Read More

  • Durango Acquires Ground in Labrador Adjacent to Equitas Resources (EQT) with Historic Drill Results of 12.9m Of 0.24% Nickel

    Vancouver, BC / TheNewswire / October 2, 2015 - Durango Resources Inc. (the "Company" or "Durango") is pleased to announce it has acquired a 100% interest in 3 claim blocks adjacent to, and near, Equitas Resources Corporations' (TSX.V-EQT) Labrador Ni/Cu project. One claim block is located adjacent to, and to the northwest of, anomaly D of the Equitas Garland property which is located approximately 30km southeast of Vale's Voisey's Read More

  • Northisle Announces Closing of Private Placement and Filing of Early Warning Report

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Northisle Copper and Gold Inc. (TSX VENTURE:NCX) ("Northisle" or the "Company") announces that it has closed a $159,990 private placement (as originally announced on September 4, 2015 as a private placement of up to $150,000). The private placement consisted of the sale by Northisle of 5,333,000 common shares at a price of $0.03 per share. All of the securities issued Read More

  • Eastmain Appoints Dr. Laurence Curtis Director and Chairman of the Board

    TORONTO, ONTARIO--(Marketwired - Oct. 2, 2015) - Eastmain Resources Inc. ("Eastmain")(TSX:ER) is pleased to announce that the Board of Directors has appointed Dr. Laurence (Laurie) Curtis as director and non-executive Chairman of the Board. With 40 years of experience in the mining industry and capital markets, Dr. Curtis brings a strong proven track record in corporate development, mine development and project financing to Eastmain. Together with Eastmain's Board Read More

  • Eldorado Gold Announces Q3 2015 Financial and Operational Results Release Date and Conference Call

    VANCOUVER, Oct. 2, 2015 /CNW/ - Eldorado Gold Corporation will release its Q3 2015 Financial Results before the market opens on Friday October 30, 2015.  Paul Wright, Chief Executive Officer of the Company, will host a conference call that same morning at 8:00 AM ET (5:00 AM PT).  The call will be webcast and can be accessed at Eldorado Gold's website: Conference Call Details Replay (available Read More

  • Highbank Closes First Tranche of Private Placement and Updates Pacific Northwest News

    VANCOUVER, BC--(Marketwired - October 02, 2015) - Highbank Resources Ltd. (TSX VENTURE: HBK) (FRANKFURT: V7O), (the "Company"). Financing: Further to our news release of September 17, 2015 whereby the Company proposed a private placement of 7.0 million shares at a price of $0.08 per share with 7.0 million warrants attached at a price of $0.15 per share if exercised within the first year and at a price of Read More

  • Alderon Announces Voluntary Delisting from NYSE MKT

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Alderon Iron Ore Corp. (TSX:ADV)(NYSE MKT:AXX) ("Alderon" or the "Company") announces its intention to file a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934 (the "1934 Act")) with the U.S. Securities and Exchange Commission (the "SEC") to voluntarily withdraw its common shares from listing on the NYSE MKT. Alderon Read More

  • Richmond Minerals Announces Proposed Shares-for-Debt Settlement and Option Grants

    TORONTO, Oct. 2, 2015 /CNW/ - Richmond Minerals Inc. (TSX-V: RMD) ("Richmond" or the "Company") is pleased to announce in regards to the Memorandum of Understanding signed in February of this year with three First Nations communities that sets out commitments to training, communication and business development, the Company has also agreed to the issuance of common shares of the Company to each of the three First Read More

  • Redstar Gold Corp. Is Pleased to Announce That It Will Present at the Red Cloud Fall Mining Showcase & Oktoberfest Social - Toronto

    Toronto, Ontario--(Newsfile Corp. - October 2, 2015) - Redstar Gold Corp. (TSXV: RGC) will be a featured presenter at this year’s Red Cloud Fall Mining Showcase & Oktoberfest Social at the Trump International Hotel and Tower in Toronto. Thursday, October 8, 2015 Trump International Hotel and Tower 325 Bay Street, Toronto Ken Booth, President and Jacques Vaillancourt, Executive Chairman, will provide an update on Redstar Gold and its Read More

  • European Uranium – Forte Agreement Terminated

    Vancouver, British Columbia (FSCwire) - European Uranium Resources Ltd. ("EUU" or the “Company”) (TSXV: EUU) reports that the July 31, 2014, partnership agreement between the Company and Forte Energy NL has been terminated and Forte has voluntarily forfeited its 50% beneficial interest in Ludovika Energy s.r.o and in Ludovika Mining s.r.o. to the Company.  Forte has no outstanding obligations under the agreement. EUROPEAN URANIUM RESOURCES LTD. "Dusty Read More

  • Tango Operational Overview

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) provides an operational overview of its South African operations. Operational Overview Coal - Metallurgical and Mining Projects - Kwena Group Kwena Mining Projects (Pty) Ltd, Kwena Mining and Metallurgical Services (Pty) Ltd and Kwena Springlake Projects (Pty) Ltd., (collectively the "Kwena Group"), are 51% owned subsidiaries of Tango, and operate four thermal coal, Read More

  • Focus Graphite Closes Second and Final Tranche of Non Brokered Offering

    OTTAWA, ONTARIO--(Marketwired - Oct. 2, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") announces the closing of the second and final tranche of a non brokered private placement (the "Offering") for gross proceeds of approximately $487,324. The Company has issued 3,748,646 units (the "Units") at a price of $0.13 per Read More

  • Avrupa Minerals Featured on BNN

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) is pleased to announce that the Company will be featured on BNN on Sunday October 4, 2015 on its National TV, BTV-Business Television. In the short presentation, Paul Kuhn, President and CEO of Avrupa, discusses the recent discovery at the Slivovo project in Kosovo and the Company's successful "Prospect Generator" business model. BTV, a half-hour Read More

  • Golden Predator Announces Stock Option Grant

    Vancouver, British Columbia (FSCwire) - Golden Predator Mining Corp. (TSX.V: GPY) (the “Company” or “Golden Predator”) today announces that, pursuant to the terms and conditions of the Company’s stock option plan, it has granted stock options for the purchase of up to 345,000 Class A Common shares in the capital of the Company, at a price of $0.14 per share, expiring three years from the date of Read More

  • Glen Eagle Closes Private Placement

    MONTREAL, QUEBEC--(Marketwired - Oct. 2, 2015) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce the closing of a non-brokered private placement at a price of $0.05 cents per Unit, each Unit being comprised of one (1) common share and one half (1/2) common share purchase warrant at an exercise price of $0.10 per warrant share valid for a period of Read More

  • Asian Mineral Resources Issuance of Shares and Grant of Options

    TORONTO, ONTARIO--(Marketwired - Oct. 2, 2015) - Asian Mineral Resources Limited ("AMR" or the "Company") (TSX VENTURE:ASN) announces that it has entered into share compensation agreements (the "Compensation Agreements") with each of Evan Spencer, its CEO, and Sean Duffy, its CFO, to receive payment of each officer's 2015 annual performance bonus in the form of common shares of AMR ("Shares") in lieu of cash payment. The annual bonus Read More

  • Benton Capital Terminates Letter of Intent to Acquire Gross Overriding Royalty From Great Lakes Graphite

    THUNDER BAY, ONTARIO--(Marketwired - Oct. 2, 2015) - Benton Capital Corp. (TSX VENTURE:BTC) ("Benton" or "the Company") announces that it has elected to terminate its previously announced Letter of Intent ("LOI") with Great Lakes Graphite Inc. ("GLK") to acquire a 10% Gross Overriding Royalty on GLK's Graphite Micronization facility located in Matheson, Ontario (see Benton PR dated July 30, 2015). The Board and Management of Benton would like Read More

  • Great Lakes Graphite and Benton Capital Group Conclude Financing Discussions

    TORONTO, ONTARIO--(Marketwired - Oct. 2, 2015) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) announced today that GLK and Benton Capital Group have mutually agreed to terminate financing discussions. About Great Lakes Graphite: Great Lakes Graphite Inc. is an industrial minerals company focussed on bringing value-added carbon products to a well-defined market. The Company's Innovation Division has entered into long-term agreements for use of Read More

  • Discovery Harbour Resources Corp: First Phase of Drilling - Report of Error in Calculations

    Vancouver, British Columbia--(Newsfile Corp. - October 1, 2015) - Discovery Harbour Resources Corp (TSXV: DHR) ("DHR" or the "Company") announces that errors were made in the calculations for drill assay results in its press release dated January 26, 2015. That press release used weighted averages based on sample interval lengths and the sum of reported assay values for both coarse and fine sample fraction assays. This calculation process Read More

  • First Majestic Completes Acquisition of SilverCrest

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 1, 2015) - First Majestic Silver Corp. (TSX:FR)(NYSE:AG)(FRANKFURT:FMV)(BVM:AG) ("First Majestic") and SilverCrest Mines Inc. ("SilverCrest") are pleased to announce the completion of the plan of arrangement (the "Arrangement") previously announced in the joint news release of First Majestic and SilverCrest dated July 27, 2015. Under the arrangement, which took effect as of 12:01 am (Vancouver time) this morning, First Majestic has acquired all Read More

  • Royal Gold Announces Fiscal 2016 First Quarter Earnings Call

    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ:RGLD; TSX: RGL) today announced that its first quarter fiscal 2016 results will be released before the market opens for trading on Thursday, November 5, 2015, followed by a conference call that day at noon Eastern Standard Time (10:00 a.m. Mountain Standard Time). The call will be webcast and archived on the Company’s website for a limited time. Fiscal 2016 First Quarter Read More

  • GoldQuest Reports 43 Metres Grading 7.88 g/t Gold and 1.41% Copper from Pre-Feasibility Drilling at Romero Project

    VANCOUVER, BC--(Marketwired - October 01, 2015) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report the results of the first 3 drill holes of its recently completed 6 hole 2015 drill program on its 100% owned Romero gold/copper deposit in the Dominican Republic. The holes were designed to move inferred material to the measured and indicated categories that Read More

  • Uranium Participation Corporation Reports Financial Results for the Three Months Ended August 31, 2015

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Uranium Participation Corporation ("UPC" of the "Corporation") (TSX:U) reports results for the second quarter ended August 31, 2015. All amounts are in Canadian dollars unless otherwise noted. Total equity ("Net Asset Value") increased by $66.7 million in the three months ended August 31, Read More

  • McEwen Mining Announces Management Change

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) today announces that Perry Ing, VP & CFO, will be resigning on October 30, 2015. Internal and external candidates for this role are currently being considered. "We wish to thank Perry for his significant contribution our growth from an exploration company to a 150,000 ounce gold equivalent producer, and wish him well in his new endeavor," said Read More

  • McEwen Mining Announces Stock Repurchase Program

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) is pleased to announce its intention to commence a share repurchase program that authorizes the Company to purchase up to 15,000,000 shares of its common stock (the "Common Shares") over a twelve month period. Management and the Board of Directors believe that prevailing market conditions have resulted in McEwen Mining's shares being undervalued, and the stock repurchase Read More

  • MGX Minerals Closes First Tranche of Private Placement

    VANCOUVER, BRITISH COLUMBIA / October 1, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) announces the Company has closed the first tranche of its previously announced non-brokered Private Placement (the “Private Placement”) (see press release dated August 31, 2015) for total gross proceeds of CA$238,300. The Company issued an aggregate of 472,364 units in connection with the first tranche of the Private Placement. A Read More

  • PolyMet Receives $6 Million Secured Debenture Funding from Glencore

    ST. PAUL, MINNESOTA--(Marketwired - Oct. 1, 2015) - PolyMet Mining Corp. (TSX:POM) (NYSE MKT:PLM) - today reported that Glencore AG, a wholly owned subsidiary of Glencore plc, has funded on schedule the $6 million Tranche I secured debenture that is part of a previously-announced $30 million loan facility due on March 31, 2016. PolyMet now has approximately $10.3 million cash. President and CEO Jon Cherry stated, "funding of this Read More

  • Red Pine Results Support the Extension of High-Grade Gold Zones Well Beyond the Surluga Deposit; Channel Samples Returns 9.74 Grams Per Tonne Gold Over 2.88 Metres on Root Vein

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") has received the last round of assay results from the Company's Summer 2015 surface sampling program. These samples are covering gold zones located away from the immediate vicinity of the inferred resources of the Surluga Deposit (see Figure 1). To view Figure 1. Overview of Summer 2015 Surface Sampling Program, Read More

  • Taseko Announces Strong Third Quarter Production Results

    VANCOUVER, Oct. 1, 2015 /CNW/ - Taseko (TSX: TKO; NYSE MKT: TGB) (the "Company") announces third quarter 2015 production of 41 million pounds of copper, 16% higher than the 35.4 million pounds achieved in the third quarter 2014. Total sales for the third quarter were 41 million pounds of copper. Russell Hallbauer, President and CEO of Taseko, commented, "During the quarter, planned maintenance was performed on both Read More

  • Cameco Provides Dates for Q3 Results and Conference Call

    SASKATOON, SASKATCHEWAN--(Marketwired - Oct. 1, 2015) - Cameco (TSX:CCO)(NYSE:CCJ) will issue its third quarter results after markets close on Friday, October 30, 2015. Cameco invites investors and the media to join its third quarter conference call with the company's senior executives on Monday, November 2, 2015 at 11:00 a.m. Eastern. Cameco will discuss the financial results and company developments before opening the call to questions from investors and Read More

  • Stornoway Announces Funding of Second Tranche of Stream Financing

    LONGUEUIL, Quebec, Oct. 1, 2015 (GLOBE NEWSWIRE) -- Stornoway Diamond Corporation (TSX:SWY) the "Corporation" or "Stornoway") is pleased to announce that it has successfully completed the drawdown of the second US$80m tranche of diamond stream funding from Orion Mine Finance ("Orion"), the Caisse de dépôt et placement du Québec ("CDPQ") and Blackstone Tactical Opportunities ("Blackstone"). Under Stornoway's C$946 million1 project financing transaction, which closed on July 8th, Read More

  • Kennady Diamonds Closes First Tranche of C$48 million Non-Brokered Private Placement

    TORONTO, Oct. 1, 2015 /CNW/ - Kennady Diamonds Inc. ("Kennady Diamonds", the "Company") (TSX-V: KDI) is pleased to announce the closing of the first tranche of the previously announced non-brokered private placement ("Placement") for gross proceeds of approximately C$15 million. The Company has issued 3,672,773 common shares at a price of C$2.75 per share and 1,393,235 flow-through common shares at a price of C$3.40 per share. The Read More

  • Hecla Increases Interest in Dolly Varden Silver Corporation

    COEUR D’ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) (“Hecla”) announced today that a wholly owned subsidiary of Hecla (“Hecla Sub”) has entered into a credit agreement (the “Credit Agreement”) with Dolly Varden Silver Corporation (“Dolly Varden”) and another significant shareholder of Dolly Varden, Robert L. Gipson, as lenders (the “Lenders”) providing for a senior, non-revolving secured loan (the “Loan”) of CDN$1,500,000. Pursuant to the Credit Agreement, Hecla Read More

  • Athabasca Nuclear Corporation Announces 18,000 Acre Expansion of Garland Lake Property

    Vancouver, British Columbia (FSCwire) - Athabasca Nuclear Corporation (TSX-V: ASC) (“Athabasca Nuclear” or the “Corporation”) is pleased to report that it has significantly expanded its mineral tenure position in the Garland exploration district located in Labrador. As further described below, the expansion represents approximately 18,000 acres of additional tenure that will now become part of the Corporation’s Garland Lake Project. Athabasca Nuclear continues to hold the largest Read More

  • Silver Standard Signs Agreement with Golden Arrow for Chinchillas Project

    VANCOUVER, Oct. 1, 2015 /CNW/ - Silver Standard Resources Inc. (NASDAQ: SSRI) (TSX: SSO) ("Silver Standard") announces that it has entered into an agreement (the "Agreement") with Golden Arrow Resources Corporation (TSX-V: GRG) ("Golden Arrow") whereby Silver Standard will explore, evaluate and seek to develop the Chinchillas project ("Chinchillas") in Jujuy Province, Argentina. Highlights: Silver Standard acquires a right to evaluate Chinchillas that, upon election by Silver Read More

  • OceanaGold and Romarco announce completion of the plan of arrangement

    MELBOURNE and TORONTO, Oct, 1 2015 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) ("OceanaGold") and Romarco Minerals Inc. (TSX: R) ("Romarco") are pleased to announce that they have completed the Plan of Arrangement (the "Arrangement") initially announced on July 30, 2015, pursuant to which OceanaGold acquired all of the issued and outstanding common shares of Romarco. Romarco's flagship project is the fully permitted, in-construction, Haile Gold Mine located Read More

  • SIRIOS Resources Inc.: Eleven Drill Holes Completed on Cheechoo

    MONTREAL, QUEBEC--(Marketwired - Oct. 1, 2015) - The first eleven 2015 diamond drill holes (2,000 meters) were completed on the Cheechoo gold property of Sirios (TSX VENTURE:SOI). Visible gold specks were observed in seven of these drill holes as in the previous ones. Next week, on October 8th, Sirios will show to the public a core section of the first hole of the present campaign at booth #415 Read More

  • Canada Zinc Metals Announces Completion of Successful Drill Program On Akie Property, Cardiac Creek Deposit

    Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce the Company has concluded its 5,000 metre 2015 drill  program on the 100% owned Akie property. The Company owns 100% of eleven, large, contiguous property blocks that comprise the Akie and Kechika Regional projects. The Company’s flagship Akie Project is host to the Cardiac Creek deposit. The Kechika Regional Project Read More

  • Global Cobalt Extends Drop Dead Date for Spin-Out of Global Energy Metals Corporation

    VANCOUVER, BC / THENEWSWIRE / OCTOBER 1st, 2015 / GLOBAL COBALT CORP. (TSXV:GCO, OTCBB:GLBCF, FRA:3P0) ("Global Cobalt," and/or the "Company") announced today that in relation to the arrangement agreement made as of July 27, 2015 (the "Arrangement Agreement") and amended August 4, 2015 and September 4, 2015, pursuant to which the parties agreed to the reorganization of Global Cobalt and transfer of certain assets and liabilities to Global Energy Read More

  • Manado Enters Letter Agreement with Mackie Research Capital Corporation

    Vancouver, BC / TheNewswire / October 1, 2015 - Manado Gold Corp. ("Manado") (TSX-V: MDO) announces that it has entered into a letter of engagement with Mackie Research Capital Corporation (the "Agent") whereby the Agent has agreed to act as lead agent on a commercially reasonable efforts basis for the brokered private placement offering (the "Brokered Private Placement") to be completed concurrently with closing of the proposed amalgamation with Read More

  • Commander Resources Announces Executive Appointment

    Vancouver, British Columbia--(Newsfile Corp. - October 1, 2015) - Commander Resources Ltd. (TSXV: CMD). Mr. Robert Cameron, Director reports that Commander Resources Ltd. (the "Company") has appointed Ms. Patricia Fong, CPA, CMA  as the Chief Financial Officer of the Company effective October 1, 2015. Ms. Fong has 20 years of experience in the mining, oil and gas industries. Prior to entering the resources industry, Ms. Fong held various Read More

  • Pele Mountain Provides an Update on Its Eco Ridge Monazite Processing Project

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") today provided an update on its Eco Ridge Monazite Processing Project in Elliot Lake, Ontario. On March 28, 2015, Pele signed a Memorandum of Understanding ("MOU") with Sheng Kang Ning (Shanghai) Mining Investment Co. Ltd., ("SKN"), a subsidiary of Shenghe Resources Holding Co. Ltd. (SH 600392) to work together exclusively toward Read More

  • Cliffs Natural Resources Inc. to Announce Third-Quarter 2015 Financial Results on October 29

    CLEVELAND, Oct. 1, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today said it intends to announce third-quarter 2015 financial results before the U.S.-market open on Thursday, October 29, 2015. The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results. When: Thursday, October 29, 2015, at 10 a.m. ET     Hosts: Lourenco Read More

  • Chieftain Metals Announces Amendment to Loan Facility with Teck

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Chieftain Metals Corp. ("Chieftain") (TSX VENTURE:CFB) announces that its wholly-owned subsidiary, Chieftain Metals Inc. (the "Company"), and Teck Resources Limited ("Teck") have agreed to amend the terms of the existing CDN$5,000,000 Loan Agreement entered into on November 15, 2010 ("the Loan Agreement"). The Loan Agreement provided funding to construct a water treatment facility. Under the amendment, the parties agree to defer Read More

  • Cadan Resources Announces Revocation of Cease Trade Order

    Vancouver, British Columbia / TheNewswire / October 1, 2015 - Cadan Resources Corporation (TSXV: CXD) (the "Company") is pleased to announce that the British Columbia Securities Commission ("BCSC") and Alberta Securities Commission have granted a full revocation of the cease trade order (the "CTO") previously issued against the Company in May of 2015. The CTO was imposed for the Company's failure to file its audited consolidated financial statement and Read More

  • Primero to Release Third Quarter 2015 Results on November 3, 2015

    TORONTO, ON--(Marketwired - October 01, 2015) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that it plans to release its third quarter 2015 operating and financial results before the market opens on Tuesday, November 3, 2015. A conference call will also be held on the same day at 10:00 am ET to discuss third quarter operating and financial results.Participants may join the Read More

  • Lakeside Provides Corporate Update

    TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Lakeside Minerals Inc. (TSX VENTURE:LAK) (the "Company") wishes to provide a corporate update. Due to poor resource market conditions, Peter Cashin and the Company have mutually agreed to let the Misery Lake property acquisition agreement (as announced in the press release dated May 2, 2015) lapse. The Company will continue to focus on its Launay project and will continue to look Read More

  • Evolving Gold Changes Auditor

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  • 1

VANCOUVER, Aug. 11, 2015 /CNW/ - Kootenay Silver Inc. ("Kootenay" or the "Company") (TSX Venture: KTN.V) is pleased to announce that, further to its press release dated July 16, 2015, it has closed the initial tranche of its non-brokered private placement (the "Private Placement") and issued an aggregate of 3,586,500 units (each a "Unit") at a purchase price of $0.30 per Unit raising gross proceeds to the Company of $1,075,950. The Company anticipates closing the balance of the Private Placement shortly and will provide an update in due course. 

Each Unit consists of one common share ("Common Share") and one transferable share purchase warrant ("Warrant") of Kootenay. Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.55 until August 10, 2017.   Upon approval by the TSX Venture Exchange, cash finder's fees to arm's length parties totaling $7,110 and the issuance of 96,000 finders units (the "Finders Units"), have been paid on this portion of the Private Placement.  The Finders Units consist of one Common Share and one non-transferable common share purchase Warrant. All securities issued in connection with the Private Placement are subject to a hold period which expires on December 11, 2015.

The net proceeds from the Private Placement will be used to finance additional work on Kootenay's Promontorio property, which includes the new La Negra Breccia discovery, its other properties and for general working capital.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

La Negra Silver Discovery

The La Negra Breccia prospect is situated approx. 6.5 kms north of Kootenay's Promontorio silver mineral resource property in Sonora, Mexico and is contained within a 25 x 15 km mineralized corridor, the 'Promontorio Mineral Belt.' Initial exploration on La Negra included a successful trenching and surface sampling program that confirmed extensive silver mineralization over a large 100 to 200 meters by 500 meters area on surface. (See news releases from May 28th and June 5th, 2014 for more details). A follow up Phase I drill program on La Negra returned significant and consistent intervals of high grade, widespread silver mineralization extending from surface to depth, confirming a substantial new silver discovery.

Results from a recent Phase II drilling program on La Negra have further confirmed the continuity of silver grades and the consistency of silver mineralization to depth within the core of the diatreme breccia. (See news releases from March 31st, April 30th and May 20th, 2015 for more details). This has set the stage for the advanced future development of La Negra and reinforces its future potential as a low-cost, open pittable silver resource. At present, drill results from the program are being compiled and collated in a 3D model showing the geologic controls and assay results. This compilation will be used to design the next drill phase, which is expected to be announced in the near future.

To view full results of the sampling and drill program on the La Negra property, visit:

The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.


Kootenay Silver Inc. is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Its flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. Kootenay's objective is to develop near term discoveries and long-term sustainable growth. Its management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.

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

Forward-Looking Statements: The information in this news release has been prepared as at August 10, 2015.  Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws.  These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based. More particularly, this release contains statements concerning the closing of the balance of the Private Placement and the commencement of the next phase of a drilling program on the La Negra property. Accordingly, there is a risk that the Private Placement will not be completely sold, completed within the anticipated time or at all, and that the drilling program will not be commenced or completed as currently contemplated.. 

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, the completion of the Private Placement, the proposed use of the proceeds of the Private Placement, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

This press release uses the terms "Measured", "Indicated", and "Inferred" resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable.

SOURCE Kootenay Silver Inc.


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Condor Gold

Exchange/Ticker: LON: CNR
Main Asset: La India Gold District
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 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... VIEW FULL PROFILE