• Newmont Enters Agreement to Sell Interest in Indonesian Assets

    DENVER--(BUSINESS WIRE)--Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) has entered into a binding share sale and purchase agreement with PT Amman Mineral Internasional (PT AMI) to sell its interests in PT Newmont Nusa Tenggara (PTNNT), which operates the Batu Hijau copper and gold mine in Indonesia. The total consideration is $1.3 billion for Newmont’s 48.5 percent economic interest in PTNNT. This amount is comprised Read More

  • Vanstar Reports 10.34 Meters Grading 4.43 g/t Gold at Nelligan Project in Quebec

    LA PRAIRIE, QUEBEC--(Marketwired - June 30, 2016) - The management of Vanstar Mining Resources Inc. ("Vanstar") (TSX VENTURE:VSR) provides an update on the final drilling results from the 2016 winter drill program on the Nelligan project, located in the Chibougamau-Chapais area, in Northwestern Quebec, Canada. A first series of results were reported in April 5, 2016 press release and all results are now received for the 2016 winter Read More

  • Balmoral Announces Closing of $7.1 Million Bought Deal Private Placement of Flow-Through Common Shares

    VANCOUVER, BC--(Marketwired - June 30, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) ("Balmoral" or the "Company") announces that it has closed the previously announced (see NR16-11 dated June 13, 2016) flow-through private placement, including full exercise of the over-allotment option, with a syndicate of underwriters co-led by Canaccord Genuity Corp. and Read More

  • Nordgold Announces Expiry of Offer to Northquest Shareholders

    LONDON, UNITED KINGDOM--(Marketwired - June 30, 2016) - Nord Gold SE ("Nordgold" or the "Offeror") (LSE:NORD) (formerly Nord Gold N.V.), the internationally diversified low-cost gold producer, announces that its offer to purchase all of the common shares ("Northquest Shares") of Northquest Ltd. ("Northquest") it does not already own (as amended, the "Offer") expired at 5:00 P.M. (Toronto time) on June 29, 2016. Since Nordgold's initial take up of Read More

  • Osisko Gold Royalties: Early Warning Report

    MONTREAL, QUEBEC--(Marketwired - June 30, 2016) - Osisko Gold Royalties Ltd (the "Corporation" or "Osisko") (TSX:OR) announces that under the terms of a subscription agreement it acquired 4,000,000 units ("Units") of Strongbow Exploration Inc. ("Strongbow") for a price of $0.125 per Unit where each Unit is composed of one common share ("Common Share") and one common share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to acquire Read More

  • Paramount Gold Nevada Corp. Stockholders Approve the Issuance of Paramount Shares to Acquire Calico Resources Corp.

    WINNEMUCCA, NEVADA--(Marketwired - June 30, 2016) - Paramount Gold Nevada Corp. ("Paramount" or the "Company") (NYSE MKT:PZG) announces that at the special meeting of its stockholders held on June 29, 2016 (the "Meeting"), Paramount stockholders approved the issuance of 7,171,209 Paramount shares of common stock (the "Paramount Arrangement Shares") to shareholders of Calico Resources Corp. ("Calico") (TSX VENTURE:CKB) as consideration for the acquisition of all of the issued Read More

  • Gold Bullion Acquires Interest in High-Grade Gold Target Next to Past Producing Silver Mine

    June 30, 2016 / TheNewswire / Gold Bullion Development Corp. (TSXV: GBB) (OTCPINK: GBBFF) (the "Company" or "Gold Bullion") is pleased to announce that it's acquiring a 50% interest in a high-grade gold exploration target, the newly-named "Castle Golden Corridor Zone", that forms part of the Castle Silver Property owned by Takara Resources Inc. ("Takara") in the heart of a major past producing silver camp. Gold Bullion and Read More

  • Torex Announces Effective Date of Share Consolidation

    TORONTO, ONTARIO--(Marketwired - June 30, 2016) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) announced today that the previously announced consolidation (the "Consolidation") of the Company's issued and outstanding common shares ("Common Shares") on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares is effective June 30, 2016. The Common Shares are expected to begin trading on a consolidated basis on the Read More

  • Alix Identifies Lithium-Bearing, Clay-Rich Sedimenatry Assemblage Over a 1.1 Km Distance At the Electra Project, Mexico

    Vancouver, British Columbia (FSCwire) - ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce the assay results of the recent round of sampling at the Electra Project in Sonora, Mexico, where values as high as 246.0 parts per million (ppm) lithium (Li) confirmed a target sedimentary assemblage with the potential of hosting economic lithium-bearing, clay-rich horizons. The Electra lithium project is contiguous to Read More

  • Colorado Resources Announces KSP- Inel Zone Drilling Progress

    WEST KELOWNA, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") announces the drilling progress on the Inel Zone at the KSP Property under option from SnipGold Corp. (see News Release dated December 20, 2013) which was recently acquired by Seabridge Gold Inc. on June 21, 2016. Adam Travis, President and CEO of Colorado, states: "We welcome Seabridge and look forward Read More

  • Lithium X announces private placement of $8.25 million

    VANCOUVER, June 30, 2016 /CNW/ - Lithium X Energy Corp. ("Lithium X", or the "Company") (TSX-V: LIX) (OTCQB: LIXXF) is pleased to announce a fully subscribed non-brokered private placement (the "Private Placement") of 5,000,000 shares at a price of $1.65 per share for gross proceeds of $8,250,000. A Finder's fee will be paid on the Private Placement. The Private Placement is subject to approval from the TSX Read More

  • Cascabel Exploration Update - Hole 15R Extends Alpala Deposit

    OTTAWA, ONTARIO--(Marketwired - June 30, 2016) - Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study. SolGold Plc is funding 100% of the exploration at Cascabel and is the operator of the project. Figures, Read More

  • Comstock Mining Announces Business Update

    VIRGINIA CITY, NV--(Marketwired - June 30, 2016) - (June 30, 2016) Comstock Mining Inc. (the "Company") (NYSE MKT: LODE) today announced selected business updates for the fiscal quarter ended June 30, 2016. Second Quarter 2016 Selected Operational and Financial Highlights Extended continuing revenue from leaching into the fourth quarter of 2016. Cost reduction activities for all non-mining costs, based on actions already taken to date, exceed the targeted Read More

  • Otis Announces $500,000 Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - Otis Gold Corp. (TSX VENTURE:OOO)(OTC PINK:OGLDF) ("Otis" or the "Company") is pleased to announce a straight equity non-brokered private placement of up to 2,941,176 common shares at a price of $0.17 per share, for aggregate gross proceeds of up to $500,000. All funds are in Canadian dollars. The proceeds from this private placement will be used for the continued advancement Read More

  • Alamos Gold Provides Notice of Second Quarter 2016 Results and Conference Call

    TORONTO, ONTARIO--(Marketwired - June 30, 2016) - Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) ("Alamos" or the "Company") plans to release its second quarter 2016 financial results before the start of trading on Wednesday, August 10, 2016. Senior management will host a conference call at 10:00 am ET on that day to discuss the results. Participants may join the conference call by dialling (416) 340-2218 or (866) 225-0198 for calls within Read More

  • Niocan Extends the Maturity Date of its $1.35 Million Secured Debenture

    MONTREAL, QUEBEC--(Marketwired - June 30, 2016) - Niocan Inc. ("Niocan" or the "Company") (TSX VENTURE:NIO) announces that it has amended its $1.35 million secured non-convertible debenture with Nio-Metals Holdings LLC ("Nio-Metals") dated February 19, 2013 to extend the maturity date from June 30, 2016 to September 30, 2016, subject to no other condition (the "Amended Secured Debenture"). Except for the maturity date, the other material terms and conditions Read More

  • Frontier Files NI 43-101 Technical Report for the Lurio Graphite Project

    TORONTO, ONTARIO--(Marketwired - June 30, 2016) - Frontier Rare Earths Limited ("Frontier" or the "Company") (OTCQX:FREFF) announces the filing on SEDAR of a Canadian National Instrument 43-101 compliant technical report incorporating a maiden mineral resource estimate for its 70% owned Lurio graphite project ("the Project") in Mozambique. The Project is located approximately 80 km southwest of the port city of Pemba in the Cabo Delgado Province and contains Read More

  • Nevada Clean Magnesium Announces 2016 Annual General Meeting Results and Interim CFO

    VANCOUVER, BRITISH COLUMBIA / TheNewswire / June 30, 2016 - Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The "Company") today announced the results from the Company's 2016 Annual General Meeting (AGM) which was held on June 24th, 2016 in Vancouver, BC. Shareholders voted in favour of all matters brought before them at the meeting, including the re-election of Edward Lee, James Sever, Steve Thorlakson, Robert Read More

  • Mariana Resources Ltd : Results of Annual General Meeting

    GUERNSEY, UK, June 30, 2016 (GLOBE NEWSWIRE) --Mariana Resources Ltd ('Mariana' or 'the Company'), the AIM listed exploration and development company with projects in Turkey and South America, announces that all resolutions put forward at its Annual General Meeting held earlier today, as set out in the Notice of Annual General Meeting dated 6 June 2016 were passed by shareholders. Following the passing of Resolution 8 Read More

  • Silver Bull Announces Closing of Third Tranche of Private Placement for Cumulative Gross Proceeds of CDN$1,477,100

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE 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 that it has completed the third and final tranche of the non-brokered private placement (the "Private Placement") of units (the "Units") of the Company announced on May 12, 2016. Under the Read More

  • Randgold Resources Limited: Report on Payments to Governments for Year 2015

    Jersey, Channel Islands, 30 June 2016 - Randgold Resources Limited today provides information in accordance with DTR 4.3A of the Disclosure and Transparency Rules of the United Kingdom's Financial Conduct Authority in respect of payments made to governments by Randgold Resources Limited and its subsidiary undertakings for the year ended 31 December 2015. This report is prepared in accordance with United Kingdom's Reports on Payments to Governments Read More

  • SouthGobi Resources Announces Retirement of Director

    HONG KONG, CHINA--(Marketwired - June 30, 2016) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces that Mr. Pierre Bruno Lebel, is retiring as Lead director and as an Independent non-executive director on June 30, 2016, the date originally scheduled for the Company's annual general meeting (the "AGM"). Effective upon his retirement, Mr. Lebel will cease to be a member of the Company's Audit, Nominating and Corporate Read More

  • Pershing Gold Appoints D. Scott Barr to Board of Directors

    LAKEWOOD, Colo., June 30, 2016 /CNW/ -- Pershing Gold Corporation (NASDAQ: PGLC) (FWB:7PG1) ("Pershing Gold" or the "Company"), an emerging gold producer, today announces the appointment of D. Scott Barr ("Barr") to its Board of Directors. Mr. Barr has more than 35 years of metallurgical and mine operations experience. He was formerly an executive at Newmont Mining Corporation ("Newmont") where he was most recently involved with independent Read More

  • Takara Accelerates Cobalt Strategy in Deal with Gold Bullion

    Vancouver, BC / June 30, 2016 / TheNewswire - Takara Resources Inc. (TSX.V: TKK) (the "Company" or "Takara") announces, as part of its cobalt strategy, that it has entered into a Letter of Intent with Gold Bullion Development Corp. ("Gold Bullion") (the "LOI") to advance the "Castle Golden Corridor Zone" discovered through surface sampling at the Company's 3,300 hectare Castle Silver Mine Property 75 km southwest of Kirkland Lake. Read More

  • Mundoro Reports on Annual General Meeting Results and Options Granted

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 30, 2016) - Mundoro Capital Inc. (TSX VENTURE:MUN) ( ("Mundoro" or the "Company"), is pleased to announce that 16,290,261 common shares representing 37% of the total number of shares issued and outstanding were voted at its Annual General Meeting held on June 28, 2016 (the "Meeting"). Resulting from the Meeting, the following nominees to the Board have been elected by the shareholders: Director Read More

  • Augustine Ventures Files Updated NI 43-101 Technical Report for the Wawa Gold Project

    Augustine Ventures Inc. (CSE: WAW) ("Augustine" or the "Company") today announced that the Company has filed an updated National Instrument 43-101 Technical Report for the Wawa Gold Project near Wawa, Ontario. The updated technical report was independently prepared jointly by Elisabeth Ronacher, PhD, P.Geo and Jenna McKenzie, P.Geo (Ronacher McKenzie Geoscience), and Sebastien Bernier, P.Geo (SRK Consulting (Canada) Inc.). The NI 43-101 Technical Report for the Read More

  • RCG Announces Shares for Debt Transaction

    VANCOUVER, June 29, 2016 /CNW/ - Resource Capital Gold Corp., TSXV: RCG ("RCG" or the "Company") announces today that it has entered into an agreement to settle CAD$383,750 of debt with ACT2 Pty Ltd. ("ACT2"), the Company's largest shareholder. Pursuant to the agreement, the Company will issue ACT2 7,675,000 common shares at a deemed price of $0.05 per share. After this transaction, ACT2 will own and control Read More

  • Comstock Announces Shares for Debt Transactions

    VANCOUVER, BC--(Marketwired - June 30, 2016) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or the "Company") is pleased to announce that it has entered into certain shares for debt arrangements, pursuant to which it will issue an aggregate of 363,064 common shares in satisfaction of Cdn$57,612.91 of indebtedness. Of this indebtedness $50,000 is owing to the optionor of the Company's QV Property for the 2015 and 2016 Read More

  • Lundin Mining Announces Eagle East Mineral Resource, PEA Results and Project Commencement

    Toronto, June 29, 2016 (TSX: LUN; OMX: LUMI) Lundin Mining Corporation (“Lundin” or the “Company”) is pleased to announce an initial Mineral Resource estimate on the Eagle East mineralization, the results of a Preliminary Economic Assessment (“PEA”) and the commencement of access ramp development towards the Eagle East high grade nickel/copper deposit. Highlights A maiden Eagle East Inferred Mineral Resource estimate of 1.18 million metric tonnes Read More

  • Rubicon Minerals Announces Results of its 2016 Meeting of Shareholders

    TORONTO, ONTARIO--(Marketwired - June 29, 2016) - Rubicon Minerals Corporation (TSX:RMX)(OTC PINK:RBYCF) ("Rubicon" or the "Company") announces that all resolutions were passed at the Annual Meeting of Shareholders (the "Meeting") held on Wednesday, June 29, 2016 in Toronto, Ontario. The voting at the Meeting was conducted by a show of hands and all resolutions were approved. Had a poll been taken, the detailed results of the votes cast Read More

  • Odin Announces USD$1,000,000 Loan from Ross J. Beaty

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Odin Mining and Exploration Ltd. (TSX VENTURE:ODN) (the "Company") announced that it has received a loan in the aggregate amount of USD$1,000,000 from Ross J. Beaty (the "Lender"). The loan accrues interest at a rate of 12% per annum, and will be compounded yearly and not in advance. The loan will be repayable on or before the earlier of June Read More

  • Pretium Resources Inc.: Brucejack Project Construction Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to report on the progress of site construction activities at its high-grade gold Brucejack Project located in northwestern British Columbia. Construction and development continues on schedule for commissioning of the underground mine in mid-2017. Mill Facility Construction of the mill building continues to progress with the pouring of concrete foundations Read More

  • B2Gold 2016 Exploration Update: West Africa

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG)(NAMIBIAN:B2G) ("B2Gold" or the "Company") is pleased to announce an exploration update for its Fekola and Kiaka projects in West Africa (Mali and Burkina Faso, respectively). All dollar figures are in United States dollars unless otherwise indicated. Highlights of the new drill results include 15.50 metres at 8.49 g/t (grams per tonne) gold from a diamond drill Read More

  • Barkerville Gold Mines Intersects 30.98 G/T (0.90 Oz/T) Au Over 6.80 Metres in Cow Mountain Phase I Drilling - New Gold Extension Discovered

    VANCOUVER, BC / TheNewswire / June 29, 2016 - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "BGM") is pleased to announce results from the Phase I drilling program on Cow Mountain at the Company's Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and a longitudinal section are offered at the end of this release. Drilling Highlights: Read More

  • Lithium X Appoints Eduardo Morales as Chief Operating Officer

    VANCOUVER, June 29, 2016 /CNW/ - Lithium X Energy Corp. ("Lithium X", or the "Company") (TSX-V: LIX) (OTCQB: LIXXF) is pleased to announce that Mr. Eduardo Morales has been appointed Chief Operating Officer of the Company, effective June 28, 2016. Mr. Morales is a chemical engineer with 36 years of experience who formerly built and operated one of the world's largest lithium brine operations. As President of Read More

  • Noram Ventures Amasses Largest Land Package in Nevada’s Clayton Valley with Acquisition of Additional Lithium Claims Latest aquisiton increases Noram’s land

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM) (“Noram” or the “Company”) is pleased to announce it has entered into an arms-length binding agreement to acquire 150 mineral claims comprising 3,000 acres, in Nevada’s Clayton Valley. This latest acquisition makes Noram the largest direct holder of lithium claims in the Clayton Valley. The new claims are contiguous with the eastern boundary of the Zeus Group Read More

  • East Africa Metals Initiates Mine Permitting for Terakimti Oxide Gold Project, Ethiopia

    VANCOUVER, BC--(Marketwired - June 29, 2016) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to announce the Company has initiated the mine permitting process for the Terakimti Oxide Gold Project at the Company's 70% owned Harvest Project located in the Tigray region of Ethiopia. The recent metallurgical test work results combined with previously disclosed technical information (see News Releases dated June Read More

  • Wellgreen Platinum Announces Participation by Resource Capital Fund VI L.P. in Private Placement

    VANCOUVER, June 29, 2016 /CNW/ - Wellgreen Platinum Ltd. (TSX: WG; OTC-QX: WGPLF) ("Wellgreen Platinum" or the "Company") is pleased to announce that Resource Capital Fund VI L.P. ("RCF") has indicated that it intends to participate in the Company's previously announced private placement of common shares at a price of C$0.30 per common share (the "Private Placement"). RCF, which has a pro rata right pursuant to the Read More

  • Camino Minerals signs a letter of intent to option the Los Chapitos project, Peru

    VANCOUVER, June 29, 2016 /CNW/ - Camino Minerals Corporation ("Camino" or the "Company") (COR: TSX-V), is pleased to announce the signing of a Letter of Intent (LOI) with Minas Andinas SA (the "Vendor"), pursuant to which it can acquire through a wholly owned subsidiary, Camino Resources SAC, a 100% interest in the Los Chapitos project. The property consists of 7 claims, totaling 3,200 hectares (7,900 acres), and Read More

  • Riverside Samples Up to 7.24 g/t Gold at the 100% Owned La Silla Gold Project in Sinaloa, Mexico

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE:RRI)(OTC PINK:RVSDF)(FRANKFURT:R99) is pleased to announce results from initial rock chip sampling at the recently acquired La Silla Gold Project in Sinaloa, Mexico. Riverside geologists collected 74 rock chip samples with assay results ranging from <0.05 up to 7.24 g/t gold and <0.05 up to 148.4 g/t silver. Ten of the samples Read More

  • Kinross Nevada Tour Highlights Growth Potential at Bald Mountain and Round Mountain

    TORONTO, ON--(Marketwired - June 29, 2016) - In advance of an analyst tour of its Bald Mountain and Round Mountain mines in Nevada on June 29 and 30, Kinross Gold (TSX: K) (NYSE: KGC) provided an update on development plans and exploration activities at both operations. Highlights: Bald Mountain Kinross believes it can substantially increase the site's current mineral reserve estimate and extend estimated life of mine by Read More

  • Dominion Diamond Corporation Completes Assessment of the Process Plant Fire at the Ekati Diamond Mine

    YELLOWKNIFE, Northwest Territories--(BUSINESS WIRE)--Dominion Diamond Corporation (TSX:DDC, NYSE:DDC) (the “Company” or “Dominion”) reports that it has completed an assessment of the damage from the fire that occurred in the process plant at the Ekati Diamond Mine on June 23rd. Dominion can confirm that the damage was limited to a small area, with no damage to the main structural components. The repairs to the plant are expected Read More

  • Almaden Announces Results of Annual General Meeting

    VANCOUVER, BC--(Marketwired - June 29, 2016) - Almaden Minerals Ltd. ("Almaden" or the "Company") (TSX: AMM) (NYSE MKT: AAU) is pleased to provide the results of its Annual General Meeting held on June 29, 2016. All of the matters submitted to the shareholders for approval as set out in the Company's Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the Read More

  • Banro Announces Election of Directors

    TORONTO, CANADA--(Marketwired - June 29, 2016) - Banro Corporation ("Banro" or the "Company") (NYSE MKT:BAA)(TSX:BAA) announces that the seven nominees listed in the Company's management information circular for the annual meeting of shareholders of the Company (the "Meeting") held on Wednesday, June 29, 2016 were elected at the Meeting as directors of Banro. The vote was conducted by a show of hands. The detailed results of the votes Read More

  • Silver Pursuit Completes Staking Of 19 Properties in Nevada

    Vancouver, BC (FSCwire) - Silver Pursuit Resources Ltd. (SPF - TSX.V) is pleased to provide an update on the acquisition by staking of 19 distinct mineral claim blocks located in 7 different counties in Nevada. The staking program is a result of a prospecting, data mining, geological mapping and sampling program that has been underway since March, 2016. The Company has focused efforts towards building a database identifying Read More

  • Klondex Provides Exploration Update at True North; Now Expects Production Decision in Third Quarter

    VANCOUVER, BC--(Marketwired - June 29, 2016) - Klondex Mines Ltd. (TSX: KDX) (NYSE MKT: KLDX)("Klondex" or the "Company") is pleased to announce partial results of its initial drill program at its True North Gold Mine ("True North") in Manitoba, Canada. Additionally, based on historic drilling and the positive results of this initial drill program, the Company now expects to be in position to make a production decision in Read More

  • Canadian Zinc Announces Filing of Final Prospectus for $9,000,000 Financing

    VANCOUVER, June 29, 2016 /CNW/ - Canadian Zinc Corporation (TSX: CZN; OTCQB: CZICF) (the "Company" or "Canadian Zinc") is pleased to report that it has filed a final short form prospectus (the "Prospectus") in each of the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and New Brunswick, and obtained a receipt from the British Columbia Securities Commission. The Prospectus qualifies the distribution of 32,000,000 common shares Read More

  • Jaguar Mining Receives Conditional Approval to List Shares and Debentures on TSX

    TORONTO, June 29, 2016 /CNW/ - Jaguar Mining Inc. (TSX-V: JAG) ("Jaguar" or the "Company"), is pleased to announce it has received conditional approval from the Toronto Stock Exchange (the "TSX") to graduate from the TSX Venture Exchange ("TSX-V") and list its common shares ("Shares") and its 12.00% convertible senior secured debentures ("Debentures") on the TSX. Rodney Lamond, President and Chief Executive Officer of Jaguar commented, "Graduating Read More

  • Nemaska Lithium Receives Second Installment of $2.12 Million from Sustainable Development Technology Canada for Phase 1 Lithium Hydroxide Plant

    QUEBEC, QUEBEC--(Marketwired - June 29, 2016) - Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") (TSX VENTURE:NMX) (OTCQX:NMKEF) has received its second $2.12M installment from Sustainable Development Technology Canada (SDTC) for the development of the Phase 1 Lithium Hydroxide Plant. "To date, the Corporation has received a total of approximately $21M, representing about 55% of the total $38M Phase 1 Plant budget", commented Steve Nadeau, Chief Financial Officer Read More

  • Pure Energy Minerals Exceeds Target Depth in New Well

    VANCOUVER, BC--(Marketwired - Jun 29, 2016) - Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: A111EG) (OTCQB: HMGLF) (the "Company" or "Pure Energy") is pleased to announce that exploration borehole CV-3 has been successfully drilled to a total depth of 2,000 feet below ground level (610 metres) at its Clayton Valley South ("CVS") Lithium Brine Project, located near Silver Peak, Nevada (the "Project"). The original target depth for Read More

  • MGX Minerals Retains ChemCognition LLC to Provide Lithium Marketing and Product Development Services

    VANCOUVER, BRITISH COLUMBIA / TheNewswire / June 29, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce the Company has retained ChemCognition LLC ("ChemCo") of Huntersville, North Carolina to provide strategic marketing and product development services for MGX's Alberta lithium properties. Chemco is spearheaded by Mr. Claudio Manissero who holds over 40 years of global experience in the chemical industry, including Read More

  • Copper Fox Announces 2016 Second Quarter Financial Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU)(OTC PINK:CPFXF) is pleased to deliver its second quarter unaudited interim condensed consolidated operating and financial results. All of the Company's material subsidiaries are wholly owned except for Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM), of which the Company owned 65.4% of the common shares outstanding as at April 30, 2016. Read More

  • Nighthawk Completes $6 Million Non-Brokered Private Placement

    TORONTO, ONTARIO--(Marketwired - June 29, 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. Nighthawk Gold Corp. ("Nighthawk" or the "Company") (TSX VENTURE:NHK) is pleased to announce that it has completed its previously announced non-brokered private placement (the "Offering"), pursuant to which the Company issued 4,444,444 common Read More

  • Largo Resources Announces Graduation to TSX

    TORONTO, June 29, 2016 /CNW/ - Largo Resources Ltd. ("Largo" or the "Company") is very pleased to announce that it has received approval for the listing of its common shares (the "Common Shares") on the Toronto Stock Exchange (the "TSX"). The Common Shares will commence trading on the TSX effective July 4, 2016 and will continue trading under the symbol "LGO". As a result of the graduation Read More

  • Eagle Plains Completes Geological Compilation at Fisher Gold Project - Identifies High-Priority Targets for 2016 Exploration

    Cranbrook, British Columbia (FSCwire) - Eagle Plains Resources Ltd. (TSX-V: “EPL”) has completed a comprehensive geological compilation of all available data for its’ 100%-owned 30,000+ ha Fisher Gold Project, located 125km east of LaRonge, Saskatchewan. The Fisher project is located adjacent to and directly south of Silver Standard Resources’ Seabee/Santoy mining operations, which were recently acquired by Silver Standard from Claude Resources Ltd. for total consideration of Read More

  • Coro Announces Election of Directors and Results from Annual General and Special Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Coro Mining Corp. (TSX:COP) ("Coro", the "Company") is pleased to report that all of the nominees listed in its information circular dated May 30, 2016 were re-elected as directors of Coro at the Company's annual general and special meeting of shareholders held in Vancouver, Wednesday, June 29, 2016 (the "Meeting"). The detailed results of the votes received by proxy and Read More

  • Teck's Q2 2016 Financial Results and Investors' Conference Call July 28, 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 29, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") will release its second quarter 2016 earnings results on Thursday, July 28, 2016 before market open. The company will hold an investor conference call to discuss the second quarter 2016 earnings results at 11:00 a.m. Eastern time / 8:00 a.m. Pacific time on Thursday, July 28, 2016. The conference call dial-in Read More

  • Saint Jean Carbon Acquires the Whabouchi Lithium Project

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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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Golden Queen Mining Co. Ltd.

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