• NGEx Resources and Filo Mining Announce TSX Venture Exchange Approval and Listing of Filo Mining Common Shares

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - NGEx Resources Inc. (TSX:NGQ)(OMX:NGQ) ("NGEx") and Filo Mining Corp. (TSX VENTURE:FIL) ("Filo Mining") are pleased to announce that Filo Mining has received confirmation from the TSX Venture Exchange (the "TSXV") that the conditions for listing have been satisfied and the TSXV has issued its Final Exchange Bulletin on August 25, 2016 confirming the approval of the listing of the common Read More

  • Osisko Mining Makes Equity Investment Into Kilo Goldmines

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko") announced today that it has filed an early warning report in respect of its holdings in Kilo Goldmines Ltd. ("Kilo"). Osisko subscribed by way of a non-brokered private placement offering (the "Private Placement") for 5,000,000 equity units ("Units") of Kilo. Under the Private Placement, the Units were offered and sold at a price of $0.10 per Read More

  • Northern Shield Resources Mobilizes Crew To Huckleberry Ni-Cu-PGE Project To Drill EM Anomalies

    OTTAWA, Aug. 26, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is pleased to announce that a drill crew has been mobilized to the Huckleberry Ni-Cu-PGE project in northern Quebec. The drilling program is being executed under the terms of the Option Agreement with South32 announced on June 7th, 2016. Four to five drill-holes totaling 2000 metres are planned for the Read More

  • Lithium Americas Provides an Update on the Cauchari-Olaroz Lithium Project in Argentina

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Lithium Americas Corp. (the "Company" or "LAC") (TSX:LAC)(OTCQX:LACDF) is pleased to provide an update on the Cauchari-Olaroz Lithium Project ("Cauchari") joint venture with Sociedad Química y Minera de Chile S.A. ("SQM") in Jujuy province, Argentina. The Board of the joint venture company, Minera Exar S.A. ("Minera Exar"), has recently been authorized to proceed with development planning for 50,000 tonnes per Read More

  • Scorpio Gold Reports Financial Results for Second Quarter of 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) is pleased to announce its financial results for the second quarter ended June 30, 2016 ("Q2"). This press release should be read in conjunction with the Company's condensed interim consolidated financial statements for Q2 and Management Discussion & Analysis for the same period, available on the Company's website at Read More

  • Anaconda Mining sells 16,023 ounces and generates $7.0M of EBITDA at the Point Rousse Project in fiscal 2016

    TORONTO, Aug. 26, 2016 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX:ANX) is pleased to report its financial and operating results for the fiscal year ended May 31, 2016. The Company sold 16,023 ounces of gold in fiscal 2016 resulting in $24,361,471 in revenue at an average sales price of $1,520 (USD$1,151) per ounce. Cash cost per ounce sold at the Point Rousse Project for Read More

  • Majestic Gold Reports Third Quarter 2016 Results

    Vancouver, British Columbia (FSCwire) - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) reports its financial and operational results for the third quarter ended June 30, 2016.  This release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements and associated management discussion and analysis for the same period that are available on SEDAR ( and  The following financial Read More

  • Ely Gold Increases Size of Previously Announced Private Placement to $1,400,000

    VANCOUVER, Aug. 26, 2016 /CNW/ - Ely Gold & Minerals Inc. ("Ely Gold" or the "Company") (TSX-V: ELY, OTC: ELYGF) is pleased to announce that further to the Company's news release dated August 19, 2016, the Company has increased the size of the non-brokered private placement of units (the "Units") from 8,000,000 Units to 10,000,000 Units at a price of $0.14 per Unit, for gross proceeds of Read More

  • Colt Resources Closes $1.428 Million Private Placement

    Montreal, Quebec / TheNewswire / Colt Resources Inc. ("Colt" or the "Company") (TSXV: GTP) (FRA: P01) (OTCQX: COLTF) has completed an initial private placement of 20,400,000 Units for gross proceeds of $1,428,000 to the Company. Each Unit is comprised of one common share at $0.07 and one share purchase warrant. Each warrant will be exercisable at a price of $0.10 during a period of 24 months from the Read More

  • Silvercorp announces Ontario Court of Appeal upholds ruling dismissing proposed securities class action lawsuit

    VANCOUVER, Aug. 26, 2016 /CNW/ - Silvercorp Metals Inc. (TSX: SVM) ("Silvercorp" or the "Company") announces that the Ontario Court of Appeal has dismissed the plaintiff's appeal brought on behalf of shareholders seeking to certify a securities class action originally filed in May 2013 against the Company, its Chairman and Chief Financial Officer at the time. In October 2015, the Ontario Superior Court of Justice dismissed the Read More

  • Homestake Shareholders Approve Acquisition by Auryn Resources

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Auryn Resources Inc. (TSX VENTURE:AUG) (OTCQX:GGTCF) ("Auryn") is pleased to announce that the plan of arrangement (the "Arrangement"), pursuant to which Auryn will acquire all of the issued and outstanding common shares of Homestake Resource Corporation ("Homestake") was approved by Homestake shareholders at the special meeting of Homestake shareholders held on August 25, 2016. At the meeting, approximately 98.2% of Read More

  • Tango Closes Additional Interest in Kwena Group and Conversion of Secured Loan Notes

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) is pleased to announce that further to its news release dated 18 August 2016, it has closed the acquisition of an additional 23% interest in the issued and outstanding shares of the Kwena Group, increasing Tango's total interest to 74%. The Kwena Group have four thermal coal, metallurgical and processing plant Read More

  • West African Resources Repays US$5 Million Loan Facility

    Scarborough , Australia (FSCwire) - West African Resources (ASX, TSXV: WAF) is pleased to announce it has repaid the US$5m loan facility to the Metals & Energy Capital Division of Macquarie Bank Limited (Macquarie) ahead of its maturity date on 30 September 2016. The repayment was made following the completion of the A$21 million capital raising announced on 10 August 2016. The company’s cash balance is currently A$23 Read More

  • NV Gold Increases Private Placement to CDN$550,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. NV Gold Corporation (TSX VENTURE:NVX) (the "Company") announced today that it is increasing its non-brokered private placement of units of the Company originally announced on August 11, 2016 due to over-subscriptions. The Company now proposes to raise gross proceeds of a maximum of CDN$550,000 and a Read More

  • Augyva Mining Resources Announces Results of Shareholders' Meeting

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Augyva Mining Resources Inc. (TSX VENTURE:AUV) ("Augyva" or the "Company") is pleased to announce the results from its annual general and special meeting of shareholders held August 25, 2016 (the "Meeting"). At the Meeting, shareholders overwhelmingly elected the following nominees to serve as directors of the Company for the ensuing year: Farhad Abasov, Kuldeep Billan, Curtis Johansson and Kail Ross. Mr. Read More

  • Centenera Mining Closes $387,000 Private Placement

    Vancouver, British Columbia / TheNewswire / August 26 2016 - Centenera Mining Corporation. (the "Company" or "Centenera") - (TSXV: CT, OTC: ATHCF), announces that it has closed the private placement previously announced on August 12, 2016. The Company has issued 1,548,000 shares at a price of $0.25 per common share for gross proceeds of $387,000. The Company paid cash finder's fees of $5,250. All securities issued pursuant to the private Read More

  • Odin Mining and Exploration Announces Results of AGM

    VANCOUVER, BC--(Marketwired - August 25, 2016) - Odin Mining and Exploration Ltd. ("Odin") (TSX VENTURE: ODN) announces the results of its annual general and special meeting of shareholders held on August 25, 2016 in Vancouver. At the meeting, shareholders voted in favour of electing each of Marshall Koval, Lyle Braaten, Donald Shumka, Michael Steinmann and Stephen W.C. Stow as directors of Odin to hold office for the ensuing Read More

  • Group Ten Metals Retains Bellefleur as Interim CFO

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Group Ten Metals Inc. (TSX VENTURE:PGE)(FRANKFURT:5D31) (the "Company" or "Group Ten") announces that Jody Bellefleur has rescinded her resignation as announced August 12, 2016 in order to assist the Company as interim CFO. About Group Ten Metals Inc. Group Ten Metals Inc. is a mineral exploration company focused on exploration for deposits of gold, platinum group metals (PGM), nickel, and Read More

  • KWG Resources Releases All-Weather Road Study

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") has posted on its website an all-weather road study that was previously prepared for it by Green Forest Management Inc. The report estimated that an all-weather gravel road starting in the west at the Northern Ontario Resource Trail Road northeast of Pickle Lake, projecting eastward to the Ring of Fire area over a distance of approximately Read More

  • Anfield Gold Appoints Andrew Storrie as President and Chief Operating Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Anfield Gold Corp. ("Anfield") (TSX VENTURE:ANF) announces that Andrew Storrie has been appointed President, Chief Operating Officer of Anfield and General Manager of Chapleau Exploração Mineral LTDA. He will report to Marshall Koval, Anfield's Chief Executive Officer and be responsible for management of ongoing operations at Anfield's Coringa Gold Project in Para State, Brazil. Mr. Storrie has 25 years of Read More

  • Sphinx Resources Provides Corporate Update

    MONTREAL, QUEBEC--(Marketwired - Aug. 26, 2016) - Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX VENTURE:SFX) announces that the Annual General and Special Meeting will now be held on October 6 in Montreal. The record date is July 29, 2016. Stock option plan Sphinx announces that it has amended its stock option plan (the "Stock Option Plan"). The amendment increases the maximum number of shares issuable upon exercise Read More

  • IDM Mining Retains O&M Partners, LLC and Investor Relations Consultant

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) is pleased to announce that it has engaged O&M Partners, LLC ("O&M") to assist in targeting non-deal institutional and independent money managers throughout the United States including financial centres often overlooked. In addition, the Company is pleased to announce that it has retained the part-time investor relations consulting services of Nigel "Alex" Horsley. The marketing Read More

  • Falcon Closes $533,000 First Tranche of Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - August 26, 2016) - FALCON GOLD CORP. (TSXV: FG), ("Falcon" or the "Company") is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement and issued 9,697,273 Units priced at $0.055 for total gross proceeds of $533,350. Each Unit consists of one common share and one 2 year common share purchase warrant. Each warrant will be Read More

  • Corazon Gold Arranges Non-Brokered Private Placement of Up to $1,000,000

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - Corazon Gold Corp. (TSX VENTURE:CGW) ("Corazon" or the "Company") is pleased to announce that it has arranged a non-brokered, non flow-through private placement (the "Financing") of up to 5,000,000 units (each, a "Unit") at a price of $0.20, for total proceeds of $1,000,000. Each Unit will consist of one common share (each, a "Share") and one-half of one warrant (each, Read More

  • InZinc Mining Announces Approval of Warrant Extension

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2016) - InZinc Mining Ltd. (TSX VENTURE:IZN) ("InZinc" or the "Company") announces that on August 25, 2016 it received approval from the TSX Venture Exchange to extend the exercise period of an aggregate of 4,513,700 outstanding common share purchase warrants that were issued in two separate non-brokered private placements in 2014. The exercise period of 1,666,700 outstanding share purchase warrants, which were Read More

  • Dolly Varden Silver Appoints New Director

    Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (“Dolly Varden”) reports the appointment of Darren Devine to the board of directors.  Mr. Devine is a principal of CDM Capital Partners that provides corporate finance advisory services to private and public companies. In this role, Mr. Devine acts as founder, board member and management advisor with respect to public and private financings, corporate Read More

  • Iberian Minerals Reports on Details of the Annual and Special Meeting

    EDMONTON, ALBERTA--(Marketwired - Aug. 26, 2016) - Iberian Minerals Ltd. (the "Company" or "Iberian") (TSX VENTURE:IML)(OTCQB:SLDRF) announced that it held its Annual and Special Meeting on August 25, 2016. All of the resolutions proposed to the shareholders detailed in the Notice of Annual General Meeting of Iberian Minerals Ltd. dated July 29, 2016 were duly passed. Resolutions which were passed included: The following six (6) incumbent directors were Read More

  • Wildcat Exploration Ltd. Announces Upgrade to OTCQB(tm) Venture Marketplace

    August 26, 2016 / TheNewswre / Vancouver, British Columbia: Wildcat Exploration Ltd, ("the Company or Wildcat"), (TSX-V: WEL; OTCQB: WCTXF) is pleased to announce it has been approved to upgrade its common stock from the Pink(R) Open Market to the OTCQB(R) Venture Market under the trading symbol "WCTXF", effective today, August 26, 2016. CEO Harry Barr commented, "Upgrading to the OTCQB represents our continued commitment to our shareholders, Read More

  • Heatherdale Issues Shares to Sino Canada Natural Resources Fund I

    VANCOUVER, Aug. 26, 2016 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV: HTR) announces that it has issued shares as part of the payment obligations of a convertible debenture with Sino Canada Natural Resources Fund I.  A total of 302,639 shares have been issued in payment of interest payments for the period May 1, 2016 to July 31, 2016 as per the amended agreement, announced Read More

  • Canadian International Minerals Clarifies Technical Disclosure and Retracts Mineral Resource Estimate for Leduc Project

    August 26, 2016 / TheNewswire / Vancouver British Columbia. - Canadian International Minerals Inc. (the "Company") (TSX.V:CIN) announces that as a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing this news release to clarify the Company's previous disclosures regarding the Leduc project. The Company is expanding on its news release of July 27, 2016 which announced that its report entitled "Technical report, Read More

  • Platinex Completes Private Placement

    TORONTO, ONTARIO--(Marketwired - Aug. 26, 2016) - Platinex Inc. (TSX VENTURE:PTX) (the "Company") has completed the second and final closing of its previously announced non-brokered private placement (the "Private Placement"), issuing an additional 4,720,000 units ("Units") on August 25, 2016 for aggregate gross proceeds of $118,000. 8,000,000 Units were issued on June 28, 2016 for aggregate gross proceeds of $200,000 (the "Initial Closing"), resulting in a total of Read More

  • Kinross Gold Announces Operational Updates at Bald Mountain, Tasiast and Maricunga

    TORONTO, ON--(Marketwired - August 25, 2016) - Kinross Gold (TSX: K) (NYSE: KGC) announced today operational updates at its Bald Mountain mine in Nevada, Tasiast mine in Mauritania and Maricunga mine in Chile. Bald Mountain At Bald Mountain, the Company has received a record of decision from the U.S. Bureau of Land Management to allow for increased exploration activities and the mine's potential expansion. The decision allows the Read More

  • Osisko Mining Discovers Significant New Mineralization at Windfall- Drills 11.8 g/t Au Over 6.7 Metres

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Urban Township, Québec. The current 100,000 metre drill program combines definition drilling above the Red Dog intrusion ('Red Dog'), expansion drilling above and below Red Dog and exploration drilling on the Read More

  • Ivanhoe Mines Announces Drilling Results From Kakula Discovery- Drills 8.75 Metres of 9.84% Copper and 18.78 Metres of 5.32% Copper

    KOLWEZI, DEMOCRATIC REPUBLIC OF CONGO--(Marketwired - Aug. 25, 2016) - Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX:IVN), and Lars-Eric Johansson, Chief Executive Officer, today announced assay results from another twelve holes of the ongoing 2016 drilling campaign at the Kakula Discovery on the company's Tier One Kamoa Copper Project, near the mining centre of Kolwezi in the Democratic Republic of Congo (DRC). The Kamoa Project is a Read More

  • Marathon Gold Reports High Metallurgical Recoveries of up to 98.1% for the Marathon Deposit

    TORONTO, ON--(Marketwired - August 25, 2016) - Marathon Gold Corporation ("Marathon" or the "Company") (TSX: MOZ) today announced very positive results from its 2016 metallurgical test program, which yielded high gold recoveries from the Marathon Deposit, Valentine Gold Camp using a combination of conventional gold preconcentration and leaching technologies. The costs of this program are being underwritten in part by the Research and Development Corporation of Newfoundland and Read More

  • Copper Fox Announces Corporate Update of Shaft Creek and Van Dyke Projects

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX VENTURE:CUU)(OTC PINK:CPFXF) is pleased to provide its shareholders with an update of corporate activities. Elmer B. Stewart, President and CEO of Copper Fox, stated, "In 2016 Copper Fox has exposure to approximately $2.2 million in expenditures on the Schaft Creek and Eaglehead projects located in British Columbia. Work on the Read More

  • Iconic Minerals Intercepts High Conductivity Zone at Bonnie Claire Lithium Property, Nevada

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Iconic Minerals Ltd. (TSXV: ICM) (OTC Pink: BVTEF) (FSE: YQGB) (the "Company" or "Iconic") is pleased to announce that it has penetrated a higher conductivity zone believed to be the brine horizon in phase 1 drilling at the Company's Bonnie Claire Lithium Project in Nevada, U.S.A.  Drill hole BC 1601 has been completed to a depth of 1560 feet Read More

  • Canarc Options FG Gold Property in Central BC from Eureka Resources

    Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) (the “Company”) announces the signing of an agreement with Eureka Resources Inc. (TSX-V: EUK) (“Eureka”) which grants Canarc an exclusive option (the “Option”) to acquire up to a 75% interest in the FG Gold Property (the “Property”) located approximately 100 kilometres east of Williams Lake in central British Columbia. The Agreement The Option Read More

  • Serengeti Announces Completion of Drilling Program at Kwanika and Initiation of Resource Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Serengeti Resources Inc. (TSX VENTURE:SIR) reports that the summer drilling program at its Kwanika copper-gold resource-stage project located in Quesnel Trough of British Columbia, has recently been completed. In addition, an independent resource estimate update study is underway which will focus on the higher grade copper-gold domain of the Central Zone on the property. This program is being fully funded Read More

  • Noram Ventures Completes Selection of Lithium Targets on its South Block Claims in Nevada’s Clayton Valley

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce it has selected 55 initial core drilling targets on its South Block lithium claims in Nevada’s Clayton Valley (see Figure 1). The exploration and core drilling plan has been submitted to the U.S. Department of the Interior Bureau of Land Management, Nevada State Office Division of Minerals Read More

  • Alix Resources Acquires Cross Lake Lithium Property, Manitoba

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - ALIX RESOURCES CORP. (TSXV: AIX) (FSE: 37N) ("Alix" or the "Company") is pleased to announce the acquisition of a 100% interest in the Cross Lake Lithium property ("Cross Lake Property") located about 528 km north of Winnipeg, Manitoba. The Cross Lake Property comprises one Mineral Exploration Licence (MEL 1050A) encompassing 5,040 hectares and is located about 4 km southwest Read More

  • Contango ORE Announces Earnings and Updated Operations For the Year Ended June 30, 2016

    HOUSTON--(BUSINESS WIRE)--Contango ORE, Inc. (“CORE” or the “Company”) (OTCQB: CTGO) announced today that it filed its Form 10-K for the year ended June 30, 2016 with the Securities and Exchange Commission. The Company reported a net loss of $1.2 million or $0.31 per basic and diluted share for the year ended June 30, 2016 compared to a loss of $3.6 million or $0.94 per basic and diluted share Read More

  • Flinders and Tasman Announce Closing of the Arrangement; Name Change to Leading Edge Materials

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Tasman Metals Ltd. ("Tasman") (TSX VENTURE:TSM)(FRANKFURT:T61)(OTCQB:TASIF) and Flinders Resources Limited (TSX VENTURE:FDR) ("Flinders") announce the closing of the previously announced plan of arrangement (the "Arrangement") pursuant to which Flinders has acquired all of the issued and outstanding shares of Tasman effective on Thursday, August 25, 2016 (the "Effective Date"). The Arrangement was approved by Tasman shareholders on August 18, 2016 Read More

  • Matamec Reports JV Drill Results at Sakami Gold Property- Intersects 1.62 g/t Au Over 64.50 Metres, Including 2.21 g/t Au Over 43.30 Metres

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Canada Strategic Metals ("CSM") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF) are pleased to announce the results from the first of nine holes drilled in the northwest extension of zone 25 (main zone), located in the La Pointe sector of the Sakami property. Drill hole PT-16-91 intersected 1.62g/t Au over 64.50 metres including 2.21 g/t Au Read More

  • Kerr Mines Announces Additional Debt Restructuring Transactions and a C$2 Million Long Term Debt Facility

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Kerr Mines Inc. ("Kerr" or the "Company") (TSX:KER) is pleased to announce that it has entered into a series of agreements with various creditors in an effort to improve the Company's financial position. The agreements are consistent with the Company's previously disclosed strategy to enter into negotiations to reduce and restructure amounts owing and to address working capital deficiency. "With the Read More

  • Canamex Announces Financing for Gross Proceeds up to $6,000,000

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Canamex Resources Corp. (TSXV: CSQ) (OTCQX: CNMXF) (FSE: CX6) ("Canamex" or the "Company") is pleased to announce that it intends to complete two non-brokered private placements for gross proceeds of up $6,000,000 (the "Offerings") on terms described below, subject to acceptance by the TSX Venture Exchange ("TSX-V"). All figures are in Canadian dollars unless otherwise noted. Financing of Secured Read More

  • Goldsource Mines Revises 2016 Production Guidance

    VANCOUVER, Aug. 25, 2016 /CNW/ - Goldsource Mines Inc. ("Goldsource" or the "Company") today announced that throughput and production from the Eagle Mountain Gold Project ("Eagle Mountain") in Guyana have been affected in July and August, primarily as a result of weather related issues, a delay in the shipment of a 40-tonne truck to site and the low grade of available material. Processing operations were suspended on Read More

  • Northern Vertex Announces Two Key Contracts for the Construction of the Moss Mine Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") is pleased to announce the appointment of M3 Engineering & Technology Corp. ("M3") of Tucson, Arizona, as the Engineering, Procurement and Construction Management ("EPCM") provider for the Company's Moss Mine Project near Bullhead City, Western Arizona. M3 will be responsible for the detailed design, procurement of the necessary equipment and supplies and Read More

  • IDM Mining Files Updated NI 43-101 Preliminary Economic Assessment for the Red Mountain Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - IDM Mining Ltd. (TSX VENTURE:IDM) today announced the completion and filing of the updated NI43-101 Preliminary Economic Assessment Technical Report for the Company's Red Mountain Gold Project, BC, Canada. The Independent Technical Report was prepared by JDS Energy & Mining Inc., ARSENEAU Consulting Services Ltd and Knight Piesold Ltd., following the guidelines of the Canadian Securities Administrators National Instrument 43-101 Read More

  • Nevada Energy Metals Pays Full Annual BLM Fees for Seven Nevada Lithium Projects

    VANCOUVER, British Columbia, August 25, 2016 /PRNewswire/ -- Nevada Energy Metals Inc. "the Company"  (TSX-V: BFF) (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has paid in full all annual Bureau of Land Management (BLM) maintenance fees for the Company's seven Lithium projects located in Nevada.  The annual maintenance fees, totaling USD $ 212,350 (CAD $274,550), are now paid to Sept 1st 2017.   Nevada Energy Read More

  • Lupaka Gold Realigns Its Board Members

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - Lupaka Gold Corp (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or the "Company") is making changes to the composition of its Board of Directors (the "Board") to better reflect the production profile of its future mining operations. Consequently, the Company is pleased to announce the appointment of Lucio Pareja to its Board. Lucio brings to the Board his extensive experience Read More

  • Happy Creek Minerals Completes $1,191,560 Private Placement

    August 25, 2016 / TheNewswire / Vancouver, British Columbia - Happy Creek Minerals Ltd. (TSX-V:HPY, the "Company") announces the completion of its non-brokered financing announced July 13, 2016 and August 23, 2016. The Company has completed a non-brokered private placement with gross proceeds of $1,191,560 through the sale of 5,991,250 shares at a price of sixteen cents per share and 1,058,908 flow through shares at a price of twenty-two Read More

  • Bold Ventures Provides Lac Surprise Update

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Bold Ventures Inc. (TSX VENTURE:BOL)("Bold") and Northern Superior Resources Inc. (TSX VENTURE:SUP)("Northern Superior") are pleased to announce that Bold has met the second year optional commitment of spending $500,000 on exploration at the Lac Surprise Property and has made the second year payment of 100,000 shares in satisfaction of the second year earn-in requirement. Bold and Northern Superior are also pleased Read More

  • Mirasol Resources Appoints Patrick Evans Board of Directors

    VANCOUVER, Aug. 25, 2016 /CNW/ - Mirasol Resources Ltd (TSX-V: MRZ, OTCPK: MRZLF) ("Mirasol" or the "Company") is pleased to announce that Patrick Evans has been appointed to the board of directors of the Company effective August 20, 2016. Mr. Evans has over 20 years of experience in the mining industry and is the President and CEO of Mountain Province Diamonds Inc, which in conjunction with its Read More

  • CKR Acquires 100% Ownership of Montpellier Graphite Project, Quebec

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - CKR Carbon Corporation ("CKR" or the "Company") (TSX VENTURE:CKR)(FRANKFURT:CB8) is pleased to announce that it has renegotiated the terms of its option agreement to acquire 100% of the Montpellier graphite project in southern Quebec. The company will issue 400,000 common shares in the capital of the company (the "CKR Shares") to the optioner in lieu of the remaining work commitment Read More

  • Northern Vertex Extends Convertible Debenture Non-Brokered Private Placement Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 25, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") announces that it has obtained TSX Venture Exchange approval to extend the closing date on its non-brokered convertible debenture private placement (the "Private Placement") up to September 30, 2016 from September 2, 2016. Please see the Company's Read More

  • Kilo Goldmines Announces Completion of Private Placement

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL)(FRANKFURT:02K) announced today that it has completed the final tranche of its previously announced non-brokered private placement of equity units ("Units") raising additional gross proceeds of $9,070,000 (for $10.0 million in total proceeds from both tranches). An additional $2.5 million placement to the previously announced amount was added on the same terms due to Read More

  • Banyan Gold Receives Approval to Close $1.2 Million Financing

    Calgary, Alberta (FSCwire) - BANYAN GOLD CORP. (“Banyan” or “Banyan Gold” or the “Corporation”) is pleased to announce it has received TSX Venture approval to close its’ recently announced $1.2M non-brokered private placement (refer to the news releases of August 9th financing of up to $850k & August 11th    financing increased to $1.2M). Gross proceeds from the financing are $1,199,999.90 and a standard 4 month hold period Read More

  • Carube Copper Secures Promising Quebec Platinum Palladium Project

    Ottawa, Ontario--(Newsfile Corp. - August 25, 2016) - Carube Copper Corp. (TSXV: CUC), announced today that it has secured its right to acquire, subject to a 2% NSR, 100% of the Fiedmont Platinum Group Elements (PGE) Project ("Fiedmont") by making the first of four scheduled anniversary payments to the vendors. Fiedmont consists of 54 mining claims and covers 23 square kilometres. It is accessible by paved highway and Read More

  • Eureka Resources Announces Option Earn-in with Canarc on the FG Property and Private Placement

    VANCOUVER, Aug. 25, 2016 /CNW/ - Eureka Resources Inc. ("Eureka" or the "Company") (TSXV: EUK) is pleased to announce that it has entered into an option agreement dated August 24, 2016 (the "Agreement") with Canarc Resource Corp. ("Canarc") which provides Canarc the ability to earn up to a 75% interest in the Company's FG Property (the "Property"). The Agreement is subject to the approval of the TSX Venture Read More

  • Arianne Phosphate reports corporate and financial results for second quarter 2016

    SAGUENAY, QC, Aug. 25, 2016 /CNW Telbec/ - Arianne Phosphate (the "Company" or "Arianne") (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, reported its financial results for the three- and six-month periods ended June 30, 2016.  All amounts are in Canadian dollars unless noted. "The first six months of 2016 have proven to Read More

  • Nicola Mining Announces Closing of Non-Brokered Private Placement

    VANCOUVER, B.C. / TheNewswire / August 25, 2016 - Nicola Mining Inc. (the "Company") is pleased to announce that, on August 24, 2016, it completed a non-brokered private placement financing (the "Financing") as further described in its news release of August 23, 2016. In connection with the closing, the Company sold an aggregate of 18,337,665 units (each, a "Unit"), at a price of $0.12 per Unit, for gross proceeds Read More

  • Lamelee Iron Ore: Stephane Leblanc to File Early Warning Report

    MONTREAL, QUEBEC--(Marketwired - Aug. 24, 2016) - NOT FOR RELEASE OR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWSWIRE SERVICES. The Board of directors of Lamêlée Iron Ore Ltd. ("Lamêlée" or the "Company") (TSX VENTURE:LIR) today reports that Mr. Stéphane Leblanc ("Mr. Leblanc"), an insider of the Company, has acquired, during the period of August 2 to August 10, 2016, beneficial ownership of common shares Read More

  • Novo Resources To Purchase Previously-Optioned Projects From Talga Resources

    VANCOUVER, BC / TheNewswire / August 25, 2016 - Novo Resources Corp. (TSX-V: NVO; OTCQX: NSRPF) ("Novo" or the "Company") is pleased to announce that through its Australian subsidiary, Beatons Creek Gold Pty Ltd, it has entered into an agreement (the "Agreement") to purchase the Talga Talga, Warrawoona, and Mosquito Creek projects (each a "Talga Project" and, collectively, the "Talga Projects") from Talga Resources Ltd. ("Talga"), an Australian Stock Read More

  • Asiamet Resources Half-Year Results 2016

    White Rock, British Columbia (FSCwire) - The Asiamet Resources Limited (the "Company" or “ARS”) Financial Statements and Management Discussion & Analysis – Quarterly Highlights (“MD&A - QH”) for the six months ended June 30, 2016 are available for viewing on or The highlight of the half year to June 30, 2016 was the announcement on April 5, 2016, of the results of the independently prepared Preliminary Economic Read More

  • PJX Resources: Private Placement and Exploration Update

    Toronto, Ontario (FSCwire) - August 25, 2016 – PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce that it has modified and completed a Non-Brokered Private Placement (the “Offering”).  The Company’s recently announced private placement offering of up to four million units (see July 12, 2016 press release) was oversubscribed and increased to 6,879,951 Units with gross proceeds of $1,080,215.  The Company undertook an Offering of Read More

  • Stans Energy Announces MOU for Lithium Stockpile and Mill

    Toronto, Ontario (FSCwire) - Stans Energy Corp. ("Stans" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) for an option to acquire 100% of Pervomayskiy GOK LLC (“PGOK”), a Russian limited liability corporation, the owner of a Lithium Mineralization Stockpile  (the “stockpile”), the Zabaikalsky Mill (the “mill”) and supporting infrastructure. Under the terms of the MOU, Stans and Read More

  • GB Minerals Announces Extension of Maturity Date of Convertible Promissory Note

    Vancouver, British Columbia--(Newsfile Corp. - August 25, 2016) - GB Minerals Ltd. (TSXV: GBL) (the "Company") is pleased to announce that is has entered into an agreement (the "Amendment Agreement") with A.B Aterra Resources Limited ("Aterra") to amend the terms of the convertible promissory note dated July 16, 2015 in the principal amount of C$1,000,000 (the "Principal Amount") originally payable on demand from January 31, 2017 (the "Promissory Read More

  • Glen Eagle Secures Two Additional Sources of Mineral Supplies

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Glen Eagle Resources Inc. (TSX VENTURE:GER) ("Glen Eagle" or the "Company") is pleased to announce that it has secured two more sources of mineral supplies following agreements signed between Cobra Oro and two newly added groups of small miners. Cobra Oro will pay approximately 30% of the gold content delivered on site which has averaged just over 10 grams gold per Read More

  • Knick Exploration Active at Triple Lake Gold and VMS Property

    Val-d'Or, Quebec / TheNewswire / August 25, 2016, - Knick Exploration Inc. (TSX-V: KNX) is pleased to report that Knick's field crew has submitted 18 rock grab samples and 24 "B" horizon soil samples from a claim on the Triple Lake Gold and VMS property in the Timmins mining camp, Ontario. A total of 22 historical old trenches/pits were located from (circa 2 periods of exploration, 1925 and 1959). Read More

  • Oceanic Iron Ore Announces Power China International Work Program

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Oceanic Iron Ore Corp. ("Oceanic" or the "Company") (TSX VENTURE:FEO) is pleased to announce the commencement of Power China International Group Limited's ("Power China Int'l") work program (the "Program") pursuant to the terms of the Pre Engineering Procurement and Construction ("EPC") Framework Agreement (the "Agreement"). Power China Int'l has started to mobilize its technical and management team to Quebec to complete Read More

  • Benton Resources Provides Company Update

    THUNDER BAY, ONTARIO--(Marketwired - Aug. 25, 2016) - Benton Resources Inc. (TSX VENTURE:BEX) ("Benton" or "the Company") is pleased to provide shareholders with an update on its ongoing exploration and plans. As previously announced, the Company and its joint venture partner Nordmin Engineering Ltd. ("Nordmin") have mobilized a drill to the Cape Ray project to commence a 5,000 metre drill program. The current drill program is designed to Read More

  • GobiMin Announces Second Quarter 2016 Results

    TORONTO, Aug. 25, 2016 /CNW/ - (TSXV: GMN) GobiMin Inc. ("GobiMin" or the "Company") reports its financial and operating results for the second quarter of 2016.  The unaudited condensed interim financial statements along with quarterly highlights of management's discussion and analysis have been filed with SEDAR ( and are also available at the website of the Company (  Financial Highlights   3 months ended June 30 12 months Read More

  • Canada Strategic Metals: Extension of Zone 25 to the Northwest at Sakami With Intersections of 1.62 g/t Au Over 64.50 Metres, Including 2.21 g/t Au Over 43.30 Metres and 3.46 g/t Au Over 11.50 Metres

    MONTREAL, QUEBEC--(Marketwired - Aug. 25, 2016) - Canada Strategic Metals Inc. ("Canada Strategic Metals" or "the Company") (TSX VENTURE:CJC)(FRANKFURT:YXEN)(OTCBB:CJCFF)and Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF) are pleased to report the results of the first of nine holes completed on the Northwest extension of Zone 25 (main zone) with an intersection of 1.62 g/t Au over 64.50 metres including 2.21 g/t Au over 43.30 metres and 3.46 g/t over 11.50 Read More

  • Samco Gold Releases Its Financial Statements and Management's Discussion & Analysis for the Three and Six Months Ended June 30, 2016

    TORONTO, ONTARIO--(Marketwired - Aug. 25, 2016) - Samco Gold Limited (TSX VENTURE:SGA) ("Samco Gold" or the "Company") today released its Unaudited Condensed Consolidated Interim Financial Statements and related Management's Discussion & Analysis ("MD&A") for the three and six months ended June 30, 2016. These Financial Statements and MD&A are available at the Company's website and at its profile on the SEDAR website at About Samco Gold Limited Read More

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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 in Kern County, California. The project is utilizing conventional open pit mining methods and cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. Production is projected to average 74,000 ounces of gold and 781,000 ounces of silver annually... VIEW FULL PROFILE