ALL NEWS RELEASES

  • Goldcorp Reports Second Quarter 2016 Results; Expansions Approved at Peñasquito and Musselwhite

    VANCOUVER, July 27, 2016 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) today reported its second quarter 2016 results and a decision to proceed with expansions at both its Peñasquito and Musselwhite mines.  Second Quarter 2016 Highlights Gold production(1) of 613,400 ounces at all-in sustaining costs(1)(3) ("AISC") of $1,067 per ounce, compared to 908,000 ounces at AISC of $853 per ounce in 2015. Lower gold production was Read More

  • Agnico Eagle Reports Q2 2016 Operating and Financial Results; Production Guidance Raised and Dividend Increased by 25%

    TORONTO, July 27, 2016 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM, TSX:AEM) ("Agnico Eagle" or the "Company") today reported quarterly net income of $19.0 million, or net income of $0.09 per share for the second quarter of 2016 (on an undiluted basis).  This result includes a non-cash foreign currency translation loss on deferred tax liabilities of $7.0 million ($0.03 per share), various mark-to-market and other adjustment losses Read More

  • Hudbay Minerals Announces Second Quarter 2016 Results

    TORONTO, ON--(Marketwired - July 27, 2016) - HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM) (NYSE: HBM) today released its second quarter 2016 financial results. All amounts are in US dollars, unless otherwise noted. Summary: Increased production in both Peru and Manitoba across all metals compared to the second quarter of 2015 Cost efficiencies and economies of scale resulted in consolidated cash cost, net of by-product credits, Read More

  • Lundin Mining Reports Second Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(OMX:LUMI) today reported cash flows of $153.2 million generated from operations in the quarter, not including the Company's attributable cash flows from Tenke Fungurume. A net loss attributable to Lundin shareholders of $791.2 million ($1.10 per share) for the quarter ended June 30, 2016, included an asset impairment on the Company's interest in Read More

  • Barrick Gold Reports Second Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) All amounts expressed in US dollars Barrick reported net earnings of $138 million ($0.12 per share), and adjusted net earnings1 of $158 million ($0.14 per share) for the second quarter. Second quarter EBITDA2 was $881 million. The company reported revenues of $2.01 billion in the second quarter, and net cash provided by operating activities ("operating cash flow") Read More

  • Kinross Gold Reports 2016 Second-Quarter Results

    TORONTO, ON--(Marketwired - July 27, 2016) - Kinross Gold Corporation (TSX: K) (NYSE: KGC) today announced its results for the second quarter ended June 30, 2016. (This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refer to the risks and assumptions set out in our Cautionary Statement on Forward-Looking Information located on page 17 of this release. All Read More

  • First Quantum Minerals Reports Second Quarter 2016 Results

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - (In United States dollars, except where noted otherwise) First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM) today announced comparative earnings1 of $38 million ($0.06 per share) and cash flows from continuing operating activities2 of $304 million ($0.44 per share1) for the three months ended June 30, 2016. SECOND QUARTER 2016 HIGHLIGHTS2 • Set new quarterly records for copper production and Read More

  • New Gold Delivers Higher 2016 Q2 Cash Flow and Significantly Lowers Full-Year Cost Guidance

    TORONTO, July 27, 2016 /CNW/ - New Gold Inc. ("New Gold") (TSX:NGD) (NYSE MKT:NGD) today announces its 2016 second quarter results and provides an update on the construction of the company's Rainy River project. 2016 SECOND QUARTER HIGHLIGHTS Gold production of 99,423 ounces increased by 15% relative to 2015 and copper production of 25.7 million pounds increased by 9%   All-in sustaining costs(1) decreased to $717 per ounce, Read More

  • Coeur Mining Reports Second Quarter 2016 Results

    CHICAGO--(BUSINESS WIRE)--Coeur Mining, Inc. (the “Company” or “Coeur”) (NYSE: CDE) reported second quarter 2016 revenue of $182.0 million, net income of $14.5 million, or $0.09 per share, and adjusted net income1 of $17.3 million, or $0.11 per share. Continued cost reductions resulted in a 16% decline in costs applicable to sales ("CAS") per silver equivalent ounce1 ("AgEqOz"), a 21% decrease in CAS per gold equivalent ounce1 Read More

  • Wesdome Gold Mines Announces Appointment of Duncan Middlemiss as President and CEO

    TORONTO, July 27, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO) ("Wesdome" or the "Company") is pleased to announce the appointment of Duncan Middlemiss as President and Chief Executive Officer effective August 15, 2016. Rolly Uloth who has held the position for the past three years, will continue as a director of the Company as part of a planned succession resulting from his retirement. Mr. Charles Read More

  • Nevada Zinc Intersects 12.38% Zinc+Lead Over 12.19 Metres (40 Feet) Extending High Grade Shallow Zinc-Lead Mineralization

    TORONTO, July 26, 2016 (GLOBE NEWSWIRE) -- Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX-V:NZN) is pleased to report assay results from six reverse circulation drill holes recently completed on the Company’s Mountain View Mine which constitutes a small portion of the Company’s Lone Mountain zinc project (“the Project”) located near Eureka, Nevada. The holes all tested for the presence of shallow non-sulfide zinc-lead mineralization in Read More

  • Buenaventura Announces Q2 and H1 2016 Results

    LIMA, Peru--(BUSINESS WIRE)--Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE:BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, announced today results for the second quarter (2Q16) and six-month (6M16) periods ended June 30, 2016. All figures have been prepared in accordance with IFRS (International Financial Reporting Standards) on a non GAAP basis and are stated in U.S. dollars (US$). Second Quarter Read More

  • Columbus Gold Granted Permits Covering Potential Extensions of the Montagne d'Or Gold Deposit, French Guiana

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Columbus Gold Corp. (TSX:CGT)(OTCQX:CBGDF) ("Columbus") is pleased to announce that two Exclusive Exploration Permits ("PER") on strike of the east and west extensions of Columbus Gold's Montagne d'Or gold deposit, were granted on July 6th, 2016, by decree of the French Minister of Economy, and published in the Journal officiel de la République française on July 13th (JORF n°0162). The Read More

  • Era Resources Announces Initial Results from 2016 Drill Program at Yandera Project, PNG

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Era Resources Inc. ("Era" or the "Company") (TSX VENTURE:ERX) is pleased to announce the first results from the 2016 Infill and Proximal Drill Campaign at the Yandera Project, which is advancing a large porphyry copper system in the highlands of Papua New Guinea. Yandera Drilling Update Read More

  • NexGen Discovers New High-Grade A5 Shear Zone at Arrow

    VANCOUVER, July 27, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE) is pleased to report assay results for one hole from our recently completed winter 2016 drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. Assay results have established that hole AR-16-81c2 has discovered a new zone of high-grade uranium mineralization in what has been named the A5 shear.  The A5 Read More

  • Orvana Announces US$ 12.5 million Prepayment Financing with Samsung C&T

    TORONTO, July 27, 2016 /CNW/ - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") is pleased to announce that it has entered into a $12.5 million copper concentrates and gold doré prepayment agreement (the "Facility") with Samsung C&T U.K. Ltd. ("Samsung C&T"). All dollar figures are in US unless otherwise expressed. Jeff Hillis, Interim Chief Executive Officer, said, "We are very pleased to announce this commercial and Read More

  • Americas Silver Provides Second Quarter Operating Results and Corporate Update

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) ("Americas Silver" or "the Company") today announced production and operating cost results for the second quarter of 2016 for its Cosalá Operations and Galena Complex. All figures are in U.S. dollars unless otherwise indicated. Highlights Consolidated silver production for the quarter was approximately 556,000 silver ounces and 1.1 million silver equivalent1 ounces, representing decreases of 16% and Read More

  • Hecla Mining Provides Update for Its Dolly Varden Investment

    COEUR D’ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (“Hecla”) is providing an update regarding its investment in common shares (“Shares”) and warrants of Dolly Varden Silver Corporation (the “Issuer”). On July 26, 2016, Hecla’s indirect wholly owned subsidiary 1080980 B.C. Ltd. (the “Offeror”), formally terminated its take-over offer (the “Offer”) commenced on July 8, 2016, for all of the issued and outstanding Shares not already owned by Hecla Read More

  • Osisko Mining Completes $25 Million Private Placement of "Flow-Through" Shares

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce, further to its announcements on June 27, 2016, that the Corporation has completed a "bought deal" private placement financing of 7,570,000 flow-through common shares of the Corporation (the "Flow-Through Shares), at an average price Read More

  • Belo Sun Mining closes C$75 million bought deal financing

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 27, 2016 /CNW/ - Belo Sun Mining Corp. (TSX:BSX) (the "Company") has closed its previously announced bought deal financing with a syndicate of underwriters co-led by TD Securities Inc. and Canaccord Genuity, and including BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc., Dundee Securities Ltd., and Read More

  • Pershing Gold Announces Start of 2016 Drilling Program

    LAKEWOOD, Colo., July 27, 2016 /CNW/ -- Pershing Gold Corporation (NASDAQ: PGLC) (FWB:7PG1) ("Pershing Gold" or the "Company"), the emerging Nevada gold producer advancing the Relief Canyon Mine, today announces the start of its 2016 Drilling Program (the "Program"). The 2016 Drilling Program is currently planned to have two phases.  Phase 1 is focused on increasing the resource at Relief Canyon and continuing to upgrade the project's Read More

  • MGX Minerals Announces Rights Offering

    Vancouver, British Columbia / TheNewswire / July 27, 2016 - MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) is pleased to announce that it will be offering rights to shareholders of its common shares at the close of business on the record date of August 12, 2016, on the basis of one right for each common share held. Four rights will entitle the holder to subscribe Read More

  • Kilo Goldmines Announces Private Placement and Closing of First Tranche

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kilo Goldmines Ltd. ("Kilo" or the "Company") (TSX VENTURE:KGL) (FRANKFURT:02K) announced today that it is proceeding with a non-brokered private placement of equity units ("Units") to raise up to $7,500,000 (the "Offering") of which it has completed a first tranche raising gross proceeds of $930,000. The Read More

  • Rupert Resources Announces Private Placement of Convertible Debentures Worth Up to $8 Million

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - (NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA) Rupert Resources Ltd. ("Rupert" or the "Company") (TSX VENTURE:RUP), announces that it intends to complete a non-brokered private placement of convertible debentures ("Convertible Debentures") for gross proceeds of up to $8 million (the "Private Placement"). The Convertible Debentures will have a maturity date of 36 months from the closing date of the Read More

  • Angkor Gold Completes Oversubscribed Private Placement

    GRANDE PRAIRIE, AB--(Marketwired - July 27, 2016) - ANGKOR GOLD CORP. (TSX VENTURE: ANK) ("ANGKOR") announces that it has completed its non-brokered private placement, as previously announced (the "Private Placement"). The previously announced $1,200,000 Private Placement was oversubscribed and the Company raised total gross proceeds of $1,250,400 through the issuance of 3,126,000 units (the "Units") at a price of $0.40 per each unit consists of one common share Read More

  • Anaconda Mining completes $2.03 million brokered flow through private placement

    /NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ TORONTO, July 27, 2016 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (ANX: TSX) is pleased to announce that it has issued 29,103,787 flow through units of the Company (the "Units") at a price of $0.07 per Unit for aggregate gross proceeds of $2,037,265.09 pursuant to its previously announced private placement Read More

  • Gold Resource Corporation Declares July Monthly Dividend

    COLORADO SPRINGS, CO--(Marketwired - Jul 27, 2016) -  Gold Resource Corporation (NYSE MKT: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for July 2016 payable on August 23, 2016 to shareholders of record as of August 11, 2016. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.  The Company has returned Read More

  • Telson Resources Secures C$10.5 Million Line of Credit

    VANCOUVER, BRITISH COLUMBIA / TheNewswire / July 27, 2016 - Telson Resources Inc. (TSX Venture - TSN) ("Telson" or the "Company") is pleased to announce that its 99% owned Mexican Subsidiary has entered into an agreement (the "LOC Agreement") with the Company's largest shareholder, Estrategica Corporativa en Finanzas, S.A.P.I. de C.V. (the "Lender") that provides Telson access to a line of credit over a period of five years commencing on Read More

  • Merrex Gold Provides Diakha 2016 Drill Program Update

    HALIFAX, NOVA SCOTIA / TheNewswire / July 27, 2016 - Greg Isenor, President and CEO of Merrex Gold Inc., ("Merrex" or the "Company") (TSX Venture: MXI) announces: 2016 Drill Program Update The 2016 drill program had three objectives. The first objective was to further evaluate the geological model and controls on gold mineralization within the current Diakha resource area using core ("DD") drilling. The DD component of the 2016 Read More

  • Agnico Eagle Mines Mid-Year 2016 Exploration Update: Expansion of Whale Tail and V Zones at Amaruq; Initial Results Reported from the Odyssey Zone; New Zones of Mineralization Outlined at Madrono and El Barqueno in Mexico; Sisar Zone Continues to Expand a

    TORONTO, July 27, 2016 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM, TSX:AEM) ("Agnico Eagle" or the "Company") is pleased to provide an update on its 2016 exploration activities at the Amaruq project in Nunavut, the Sisar Zone at Kittila, the Barsele project in Sweden, the 50% owned Odyssey prospect adjoining the Canadian Malartic mine, the Madrono prospect adjoining the Pinos Altos and Creston Mascota operations and Read More

  • First Quantum Minerals Declares an Interim Dividend of CDN $0.005 per Share

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX:FM) will pay an interim dividend of CDN $0.005 per share in respect of the financial year ending December 31, 2016. The dividend will be paid on September 19, 2016 to shareholders of record on August 26, 2016. The ex-dividend date is August 24, 2016. The Company has established a Dividend Reinvestment Read More

  • Rainmaker Reports Major Expansion of Its Sarcobatus Flats, Nevada, Lithium Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Rainmaker Resources Ltd. (TSX VENTURE:RIR) ("Rainmaker") is pleased to announce a substantial increase to its land holdings at its Sarcobatus Flats, NV lithium property. The staking of an additional 186 placer claims, expanding the total land holdings to 234 claims (4680 acres, 1967 ha), represents a nearly five-fold increase. "We have added this land as a result of our belief Read More

  • Equitas Resources Announces Non-Brokered Private Placement - Oversubscribed

    Vancouver, BC (FSCwire) - Equitas Resources Corp. (“Equitas” or the “Company”) (TSXV: EQT) (US: EQTRF) (Frankfurt: T6UN) is pleased to announce that the non-brokered private placement that was announced on July 22, 2016 has been oversubscribed. Subject to acceptance of the TSX Venture Exchange, the Company will close on 6,610,000 units (“Units”) at $0.10 per Unit for proceeds of $661,000 and 1,818,181 Flow-Through Units (“FT Unit”) at Read More

  • Copper Lake Announces Voting Results of Annual General and Special Meeting of Shareholders

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Copper Lake Resources Ltd. (TSX VENTURE:CPL)(FRANKFURT:W0I) ("Copper Lake" or the "Company") is pleased to announce the voting results from its 2016 Annual General and Special Meeting of Shareholders held in Toronto, Ontario on July 26, 2016. The number of Directors was set at five, and the nominees listed in to the Information Circular were elected as Directors. Shareholders also approved the Read More

  • Regulus Closes $14.4 Million Financing

    CALGARY, ALBERTA--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Regulus Resources Inc. ("Regulus" or the "Company") (TSX VENTURE:REG) announces that it has closed its previously announced brokered unit private placement offering (the "Offering"). An aggregate of 11,537,500 units (the "Units") were sold under the Offering at a price of $1.20 per Unit (the "Issue Price") for Read More

  • Battle Mountain Gold Announces Geophysical Results from Lewis Gold-Silver Project in Nevada; Increases Planned Drilling Program to More Than 5,000 Meters

    Vancouver, BC / TheNewswire / July 27 2016 - Battle Mountain Gold Inc. (the "Company") (TSX-V: BMG) is pleased to announce recent exploration activities and plans for future work in the Lewis gold-silver property, which lies near the town of Battle Mountain in Nevada. Highlights: -Processing and imaging completed for recently conducted helicopter-borne magnetic and radiometric survey and ground-based gravity survey over the Lewis claim group and surrounding areas. Read More

  • Northern Shield Defines More Copper Mineralization at Huckleberry- Identifies 15 VTEM Conductors of Interest

    OTTAWA, July 27, 2016 /CNW/ - Northern Shield Resources Inc. ("Northern Shield" or the "Company") [TSX-V: NRN] is very pleased to provide an update on exploration activities on the Company's Huckleberry property in the Labrador Trough. The programs were executed under the terms of the Option Agreement with South32 announced on June 7th, 2016. The first two phases of sampling and mapping have been completed at Huckleberry Read More

  • Comstock Metals Closes $1.06 Million Private Placement

    VANCOUVER, BC--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES Comstock Metals Ltd. (TSX VENTURE: CSL)("Comstock" or the "Company") is pleased to announce that it has completed its previously announced unit offering issuing a total of 4,240,000 units at a price of $0.25 per unit, raising gross proceeds of $1,060,000. Each Unit consists of one common share and one-half Read More

  • Chalice Gold Mines Provides June 2016 Quarterly Report

    PERTH, Western Australia, July 27, 2016 /CNW/ - Chalice Gold Mines Limited (ASX: CHN, TSX: CXN) ("Chalice" or the "Company") advises that advises that its Activity and Cash Flow Reports for the quarter ended June 30, 2016 have been issued today.  The full texts of these reports are available at the Company's website www.chalicegold.com and under the Company's profile at www.sedar.com. Quarterly Highlights: Forward Looking Statements Sale Read More

  • Rapier Gold Announces Private Placement, Closes First Tranche

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Rapier Gold Inc. (TSX VENTURE:RPR) (the "Company") is pleased to announce that it has arranged a non-brokered private placement of non-flow through units (the "NFT Units"). The NFT units will be offered at a price of $0.05 and include a non-transferable common share purchase Read More

  • Meadow Bay Gold Receives Shareholder Approval and Closes Private Placement; Results from Voting for the Election of Directors at AGM; Changes in Director and Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Meadow Bay Gold Corporation ("Meadow Bay Gold" or the "Company") (TSX:MAY)(OTCQB:MAYGF)(FRANKFURT:20M)(WKN A1C3DN) announces the closing of the non-brokered private placement financing (the "Private Placement") announced in the Company's news release dated June 29, 2016, consisting of the sale of 5,949,849 Units ("Units") at a price of $0.06 per Unit, raising gross proceeds of $356,990.94. Each Unit consisted of one common Read More

  • Scorpio Gold Reports Results of AGM

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) reports the re-election of Peter J. Hawley, Paul Parisotto, Brian Lock, Luc Pelchat, David W. Smalley, Andrew Lee Smith and Peter Brieger as Directors of the Company at Scorpio Gold's annual and special meeting of shareholders held July 25, 2016. At the meeting, the Company's shareholders also approved the renewal Read More

  • Altitude Resources Provides Palisades Project Update

    CALGARY, AB--(Marketwired - July 27, 2016) - Highlights: Altitude begins 2016 drill program at Palisades Coal Project near Hinton, Alberta Quarterly metallurgical coal prices increase to $92.50US in 2016 Q3 from $84US in Q2 Altitude Resources Inc. (TSX VENTURE: ALI) ("Altitude") is pleased to provide an update on the 2016 exploration program at the Palisades Project in west central Alberta, conducted with its joint venture partner, JOGMEC. On Read More

  • Unity Identifies Lithium Through Short-Hole Drilling at Miller's Crossing Lithium Project, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Unity Energy Corp. (TSX VENTURE:UTY)(FRANKFURT:UJN2) ("Unity" or the "Company") is pleased to announce that it has received chemical analysis from its first pass drilling and sampling program on its 100% owned Miller's Crossing Lithium Project in Esmeralda County, Nevada. The drilling was intended to follow up on positive surface sampling, which was carried out in April 2016 and confirmed presence Read More

  • Integra Gold Commences Development of Underground Exploration Ramp at Lamaque-South Gold Project, Awards Promec Mining Inc. With Contract

    VANCOUVER, BC--(Marketwired - July 27, 2016) - Press Release Highlights: Creation of more than 65 new jobs for the Val-d'Or region Ramp will expedite close-spaced and exploration drilling along with bulk sampling of gold mineralized material to reconcile against the resource estimate Extensive surface exploration campaign to continue alongside underground exploration Integra Gold Corp. (TSX VENTURE: ICG) (OTCQX: ICGQF) ("Integra" or the "Company") is pleased to announce that Read More

  • Probe Metals Completes Sale of Certain Properties in the Casa-Cameron Project, Quebec

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Probe Metals Inc. (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that it has completed the previously announced agreement to sell three blocks of mining claims forming part of the Casa-Cameron Project, being the Vezza Extension Property, the Vezza North Property and the Bachelor Extension Property (each a "Property" and together, the "Properties") to GFK Resources Inc. (TSX VENTURE:GFK) Read More

  • Fortuna Announces Retirement of Director

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI) Mr. Simon Ridgway, Chairman of the Board, announces that Mr. Michael Iverson has retired from the Board of Directors. Mr. Iverson joined the board of the predecessor company of Fortuna back in 1998. Jorge A. Ganoza, President, CEO and Director of Fortuna, commented, "On behalf of Management and Board members of the company, I would Read More

  • Serengeti Begins Drilling at Kwanika Copper-Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 27, 2016) - Serengeti Resources Inc. (TSX VENTURE:SIR) reports that drilling has commenced at its Kwanika copper-gold resource-stage project located in Quesnel Trough of British Columbia. This program is being fully funded by Daewoo Minerals Canada, a subsidiary of Posco-Daewoo, one of South Korea's leading corporations. A 2200 metre minimum, deep drilling program started earlier this month, testing for possible extensions of the Read More

  • Cyprium Mining announces the appointment of Jonathan George to its board of directors

    MONTREAL, July 27, 2016 /CNW Telbec/ - Cyprium Mining Corporation ("Cyprium" or the "Company") (TSXV: CUG CUG.DB) is pleased to announce the appointment of Mr. Jonathan George as a director of the Company. Mr. George is a consulting geologist and entrepreneur who has been involved in international mineral exploration and development for over 35 years. He has raised more than $60 million for various projects around the world, Read More

  • Monarques Gold Receives $1,057,578 from the Exercise of Warrants

    MONTREAL, July 27, 2016 /CNW/ - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to report that as of July 19th, 2016, it had received a total of $1,057,578.28 from the exercise of warrants and options, in consideration of which it has issued 7,054,817 common shares to the warrant and option holders. "The fact that these warrants were exercised reflects the confidence investors Read More

  • Alexandria Minerals Identifies Prospective Targets on Its "Triangle Too" Drill Program

    TORONTO, ONTARIO--(Marketwired - July 27, 2016) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(OTC PINK:ALXDF)(FRANKFURT:A9D) ("AZX" or the "Company") is pleased to report on its exploration efforts searching for Triangle Zone-like gold-quartz veins on the western portion of its 35 kilometer long Cadillac Break Property package, with focus on its Airport property ("Triangle Too"). Four of the initial 8 targets in the planned first-round, 3,000 meter long, Triangle Too drill Read More

  • Strategic Metals Sells Lithium Property To Equitorial Exploration

    Vancouver, British Columbia (FSCwire) - Strategic Metals Ltd. (TSX-V: SMD) (“Strategic”) announces that it has sold 100% of its interest in the Li property to Equitorial Exploration Corp. (“Equitorial”).  The Li property hosts the Little Nahanni Pegmatite Group lithium-cesium-tantalum pegmatite dykes and is located in the western Northwest Territories, adjacent to the Yukon border. Under the terms of a property purchase agreement, Equitorial will issue 7,500,000 of Read More

  • Skeena Receives Drill Permits for Snip Gold Project

    VANCOUVER, BC--(Marketwired - July 27, 2016) - Skeena Resources Limited (TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce that exploration permits have been granted for the proposed diamond drill program on the Company's Snip gold project in the Golden Triangle of northwest British Columbia. As a result, crews are now mobilizing to site to prepare drill pads for the initial 6,000 metre drill program. It Read More

  • Sherritt Obtains Final Court Order Approving Maturity Extension

    TORONTO, ON--(Marketwired - July 27, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Sherritt International Corporation ("Sherritt" or the "Corporation") (TSX: S) is pleased to announce that it has obtained a final court order from the Ontario Superior Court of Justice approving the plan of arrangement (the "Plan of Arrangement") under the Canada Business Corporations Act pursuant to which Read More

  • Coronet Metals Provides Corporate and Current Developments Update

    Vancouver, British Columbia--(Newsfile Corp. - July 27, 2016) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTC Pink: CORMF) ("Coronet" or "the Company"), is pleased to provide overview on its Corporate strategy and summary on current developments. Coronet's strategy is acquiring precious metals mining projects which have the potential for both near-term cash flow and exploration upside in safe, mining friendly, jurisdictions. The goal is to derive low Read More

  • Canadian International Minerals Retracts NI 43-101 Mineral Resource Estimate

    Vancouver, British Columbia / TheNewswire / July 27, 2016- Canadian International Minerals Inc. (the "Company") (CIN - TSX Venture) advises that pursuant to a review by the British Columbia Securities Commission, the report entitled "Technical Report, Sturgeon Lake Li-K-B-Br-Ca-Mg-Na Oilfield Brine Inferred Mineral Resource, Leduc Property, West-Central Alberta" dated January 22, 2016, as filed on SEDAR January 25, 2016 (the "Report"), does not comply with National Instrument 43-101. Additionally, Read More

  • Pacific Bay Shareholders Pass All Resolutions at AGM; Jade Update

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  • 1

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 26, 2016) - Newmarket Gold ("Newmarket" or the "Company") (TSX:NMI)(OTCQX:NMKTF) is pleased to announce that a total of 4,039,120 common share purchase warrants ("the Warrants") have been exercised at a price of C$1.63 per common share. Proceeds from the exercise of the Warrants were C$6.6M (approximately US$4.9M) and 4,039,120 common shares are to be issued from the Company's treasury. The additional cash will significantly strengthen the Company's balance sheet as it is on track to be essentially debt-free by the end of the first quarter of 2016.

Douglas Forster, President & CEO, Newmarket Gold commented: "The combination of proceeds from the warrant exercise of US$4.9 million, the cash on hand as of December 31, 2015 of US$36.5 million and the redemption of all outstanding convertible unsecured debentures by March 30, 2016, has provided Newmarket Gold with an exceptionally strong balance sheet to begin 2016."

The Warrants were issued in connection with the Company's public offering of units completed in February 2014, and were to expire on February 27, 2016. As of today, 95% of the outstanding Warrants were exercised.

The Company now has a total of 149,797,179 common shares issued and outstanding as of the close of business on February 25, 2016. In addition to the common shares issued on the exercise of the Warrants, total issued and outstanding common shares reflects the issuance of 9,388,795 common shares on the conversion of C$9.6 million in convertible debentures and the exercise of 423,660 stock options by non-insiders, since January 1, 2016.

ON BEHALF OF THE BOARD

Douglas Forster, M.Sc., P.Geo., President & Chief Executive Officer

About Newmarket Gold Inc.

Newmarket Gold is a Canadian-listed gold mining and exploration company with three 100% owned operating mines across Australia. The Company is focused on creating substantial shareholder value by maintaining a strong foundation of quality gold production, over 200,000 ounces annually, generating operating cash flow and maintaining a large resource base as it executes a clearly defined gold asset consolidation strategy. The Company is focused on sustainable operating performance, a disciplined approach to growth, and building gold reserves and resources while maintaining the high standards that the Newmarket Gold core values represent.

Cautionary Note Regarding Forward Looking Information

Certain information set forth in this news release contains "forward-looking statements", and "forward-looking information under applicable securities laws. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements, which include the Company's expectations about its business and operations, and are based on the Company's current internal expectations, estimates, projections, assumptions and beliefs, which may prove to be incorrect. Some of the forward-looking statements may be identified by words such as "will", "expects", "anticipates", "believes", "projects", "plans", and similar expressions. These statements are not guarantees of future performance or outcomes and undue reliance should not be placed on them. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake to update any forward-looking statements or forward-looking information that are included in this press release or incorporated by reference herein, except in accordance with applicable securities laws.

 
Newmarket Gold, Inc.
Laura Lepore
Director, Investor Relations
416.847.1847
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Newmarket Gold, Inc.
Ryan King
VP, Corporate Communications
604.559.8040
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www.newmarketgoldinc.com

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Exchange/Ticker: OTCQB: GRMC
Main Asset: Chandalar Gold District
Stage:
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