• Premier Gold Mines Celebrates First Gold Pour at South Arturo

    THUNDER BAY, ON, Aug. 29, 2016 /CNW/ - PREMIER GOLD MINES LIMITED ("Premier" or "The Company") (TSX:PG) is pleased to provide an update of ongoing development and mining activities at the Company's 40%-owned South Arturo Mine located in the Carlin Trend, Nevada. The South Arturo Mine is a joint venture between Premier and Barrick Gold Corporation's wholly-owned subsidiary Barrick Gold Exploration Inc. ("Barrick").  Barrick as the operator, Read More

  • TMAC Resources Meets Critical Milestone on Path to Production -- Processing Plant Safely Offloaded at Hope Bay Project

    TORONTO, ON--(Marketwired - August 29, 2016) - TMAC Resources Inc. (TSX: TMR) ("TMAC" or the "Company") announces that the processing plant fabricated by Gekko Systems Pty of Ballarat, Australia ("Gekko") has been safely offloaded at the Hope Bay Project in Nunavut, Canada. Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, "We remain on track to advance the Hope Bay Project towards commercial production in early 2017. As Read More

  • Lion One Announces $41.4 Million Non-Brokered Private Placement

    NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Lion One Metals Limited (TSX VENTURE:LIO )(ASX:LLO)(OTCQX:LOMLF)(FRANKFURT:LY1) (the "Company") is pleased to announce it has arranged, subject to the approval of the TSX Venture Exchange, a non-brokered private placement (the "Private Placement") of up to 45,000,000 units (the "Units") at a price of $0.92 per Unit for total gross proceeds of up to $41,400,000. Each Unit consists of one Read More

  • Osisko Mining Makes New Gold Discovery in Urban Township

    MONTREAL, QUEBEC--(Marketwired - Aug. 29, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce a new discovery from the ongoing exploration drill program on its 100% owned Urban-Barry Project located in Urban Township, Québec. The exploration drill program currently involves one drill and is part of the ongoing 100,000 metre drill program at Osisko's Windfall Lake gold project. The discovery was made in Read More

  • Rye Patch Gold Breaks Ground on New Heap Leach Facility at Florida Canyon Mine

    VANCOUVER, Aug. 29, 2016 /CNW/ - Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the "Company" or "Rye Patch") is pleased to announce that construction of the new South Heap Leach facility has started at the Florida Canyon mine located in Pershing County, Nevada.  The Company completed the acquisition of the Florida Canyon mine on July 28, 2016.  Since the purchase, the Florida Canyon mine has Read More

  • Balmoral Resources Reports Gold Recoveries of 99.5% and 96.3% From Initial Metallurgical Test Work at Northshore Property, Ontario

    VANCOUVER, BC--(Marketwired - August 29, 2016) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) has received, from joint venture partner GTA Resources and Mining Inc. (TSX VENTURE: GTA), the results from preliminary metallurgical testing of two composite samples from the Northshore Property, in Ontario. Results from standard bottle roll tests for the two samples, one from the core of the Afric Zone and one Read More

  • Ivanhoe Mines Seeks Strategic Advice in Response to Unsolicited Interest in its Projects

    VANCOUVER, CANADA--(Marketwired - Aug. 29, 2016) - Ivanhoe Mines (TSX:IVN) announced today that its board of directors has authorized the company to seek strategic advice at the project and corporate levels to help address unsolicited interest that the company and its projects have received in recent months. Executive Chairman Robert Friedland said, "The mining industry has taken notice of our company. Our remarkable Kakula Discovery on the Central Read More

  • Golden Dawn Minerals Executes Definitive Funding Agreement for up to USD$5 Million

    Vancouver, British Columbia--(Newsfile Corp. - August 29, 2016) - Wolf Wiese, CEO of Golden Dawn Minerals Inc. (TSXV: GOM) (FRANKFURT: 3G8A) (the "Company" or "Golden Dawn") announces it has executed a definitive agreement and has received conditional approval from the TSX Venture Exchange (the "Exchange") for the issue of a Convertible Security with a face value of US$2,400,000 (the "Investment") from Lind Asset Management VI, LLC, managed by Read More

  • Monument Mining Reports Progress on Intec Sulphide Ore Treatment Test Work Program

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) "Monument" or the "Company" reports that an independent confirmation metallurgical testwork program has been recommended, designed and carried out by Orway Metallurgical Consultants ("Orway") after a review of the results from the second Intec pilot campaign. This is to ensure that the results achieved to date from all testwork programs undertaken by the Company at Read More

  • Silver Spruce Provides Pino de Plata Project Site Visit Update and Plans for Maiden Drill Program

    BRIDGEWATER, NOVA SCOTIA--(Marketwired - Aug. 29, 2016) - Silver Spruce Resources Inc. ("Silver Spruce" or the "Company") (TSX VENTURE:SSE)(FRANKFURT:S6Q) is pleased to announce that its field crew has completed a successful site visit to the Pino de Plata project. The 397 hectare (Ha) project is located in the Sierra Madre Occidental of Western Chihuahua State, Mexico, approximately 15 kilometres from Coeur Mining's Palmarejo silver project and approximately 12 Read More

  • Orex Minerals Drills 67 Metres Grading 192 g/t Silver at Sandra Escobar Project in Durango, Mexico, Including 2 Metres Grading 1,216 g/t Silver

    VANCOUVER, Aug. 29, 2016 /CNW/ - Orex Minerals Inc. – (TSX-V: REX – OTC: ORMNF) ("Orex"), is pleased to announce that the Phase-III diamond drilling program continues to intercept silver mineralization on the Sandra Escobar Project in Durango, Mexico. Assays for five more drill holes are now available. These include holes SA-16-039 to SA-16-043 in the southeastern region of the project. The Sandra Escobar Project is being advanced by Read More

  • Irving Resources Enters Into Mining Right Purchase Agreement in Japan

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Irving Resources Inc. (CSE:IRV) ("Irving" or the "Company") is pleased to announce that it has entered into an agreement to purchase a 100% interest in a mining right located in Japan. The total purchase price for the mining right is JPY40,000,000 cash (approximately CAD $514,000) and JPY10,000,000 (approximately CAD $128,500) worth of Irving common shares. The shares will be subject Read More

  • Nevada Energy Metals Lithium Exploration Program Underway at Black Rock Desert, Nevada

    August 29, 2016 / TheNewswire / Nevada Energy Metals Inc. "the Company" (TSX-V: BFF; OTCQB: SSMLF; Frankfurt: A2AFBV) is pleased to announce that a surface sampling program designed to test for lithium values in playa evaporates has been initiated at the Company's 100% owned Black Rock Desert Project. Geochemical sample points are being arranged on a grid pattern of 11 lines spaced 400 meters apart with stations every Read More

  • Eagle Plains Commences Airborne Geophysical Surveys Over Multiple Saskatchewan Gold Projects

    Cranbrook, British Columbia (FSCwire) - Eagle Plains Resources Ltd. (TSX-V: “EPL”) has contracted Precision GeoSurveys Inc. to carry out a 4000 line-km airborne magnetometer and radiometric geophysical survey over its 100%-owned Fisher, Truscott and Chico gold projects located approximately 125km east of LaRonge, Saskatchewan. The Fisher project is located adjacent to and directly south of Silver Standard Resources’ Seabee/Santoy mining operations. Field crews have recently completed Phase Read More

  • Toachi Mining Generates New Exploration Targets Reprocessed Historic Gravity Data from the La Plata High Grade VMS Project in Ecuador

    Toronto, Ontario / TheNewswire / August 29, 2016: Toachi Mining Inc., ("Toachi" or the "Company") (TSXV-TIM) is pleased to announce that a program to reprocess historic gravity data has generated several new, untested exploration targets at its La Plata high grade volcanogenic massive sulphide ("VMS") gold-copper-silver-zinc project in Ecuador. Historic Gravity Data Toachi's staff working with David McInnes, an Australian geophysicist and an authority on reprocessing and interpretation Read More

  • Aton Begins Remote Sensing and Spectral Imaging Survey Over Its 40km Gold Mineralized Abu Marawat Concession to Further Define Its Multiple Exploration Sites in This Mining District

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Aton Resources Inc. (TSX VENTURE:AAN) ("the "Company") is very pleased to report that it has begun a regional remote sensing and spectral imaging survey covering the 40km gold mineralized trend at its Abu Marawat concession area in the Eastern Desert of Egypt. This trend runs between its Abu Marawat gold project in the east of the concession area to its Read More

  • Great Lakes Graphite Receives US$4 Million Financing Commitment from Global Corporate Finance LLC

    TORONTO, ONTARIO--(Marketwired - Aug. 29, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) is pleased to announce it has entered into an equity financing agreement with Global Corporate Finance LLC ("GCF") through which up to USD$4,000,000 is being made available to the Company over a two year period. The facility is intended to provide access to working capital to fund operations of the Read More

  • Aurvista Gold Announces Results of Recently Completed Airborne Geophysical Survey and Updates Detailed Targeting Program

    MONTREAL, QUEBEC--(Marketwired - Aug. 29, 2016) - Aurvista Gold Corporation ("Aurvista" or the "Company") (TSX VENTURE:AVA)(OTC PINK:ARVSF)(FRANKFURT:AV2) announces the completion of an Airborne Magnetic-Time Domain Electromagnetic-Radiometric Geophysical Survey (the "Survey") (refer to the Company news release dated June 14, 2016) and the release of Survey's result, in addition to an update of the Company's on-going Detailed Targeting Program at its 100% owned Douay Gold Project ("Douay") with drilling Read More

  • Nevada Sunrise Completes Transaction with Advantage Lithium Corp. on Nevada Lithium Properties

    VANCOUVER, Aug. 29, 2016 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce that it has completed its transaction with Advantage Lithium Corp. (TSXV: AAL.H) ("Advantage") whereby Advantage can earn working interests in five of the Company's lithium exploration projects located in Esmeralda County, Nevada.  Advantage will also be granted an option to acquire State of Nevada water right Read More

  • Aldridge Minerals Extends Maturity Date of Existing US$35 Million Secured Loan Facility with Orion Mine Finance

    TORONTO--(BUSINESS WIRE)--Aldridge Minerals Inc. (TSX-V: AGM) (“Aldridge” or the “Company”) announced that Orion Fund JV Limited, an affiliate of Orion Mine Finance (“Orion”), has agreed to extend the maturity date of the Company’s existing US$35,000,000 secured loan facility with Orion (the “Loan”) from August 29, 2016 to September 26, 2016. As previously announced, Aldridge is in advanced-stage discussions with Orion with respect to a potential transaction Read More

  • Thunderstruck Resources Announces Brien Lundin as Chairman of the Board, Closes $400,000 Financing and Obtains Reserve Bank of Fiji Approval

    Vancouver, British Columbia--(Newsfile Corp. - August 29, 2016) - Thunderstruck Resources Ltd. (TSXV: AWE) ("Thunderstruck") is pleased to announce that co-founding director and shareholder Brien Lundin has accepted the position as Chairman of the Board. CEO Bryce Bradley comments, "Brien has been a strong supporter of Thunderstruck and the prospectivity of our high grade zinc, gold and copper assets in Fiji. As the President of the New Orleans Read More

  • Canada Carbon Provides Update on Timelines

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB), (FRANKFURT:U7N1) is pleased to provide an update on its progress toward the permitting of the Miller Project for a marble quarry and a graphite mine. Canada Carbon's planning and development work continues to advance on multiple fronts, concurrently. Management realized that the production of a reclamation and mine closure plan for the Miller Read More

  • Gold Resource Corporation Declares August Monthly Dividend

    COLORADO SPRINGS, CO--(Marketwired - Aug 29, 2016) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") declares its monthly instituted dividend of 1/6 of a cent per common share for August 2016 payable on September 23, 2016 to shareholders of record as of September 12, 2016. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration and development properties in Nevada, USA. The Read More

  • Equitas Resources Corp. Reports Drilling Results from the Baldo Zone at the Cajueiro Project

    Vancouver, British Columbia (FSCwire) - Equitas Resources Corp. (“Equitas” or the “Company”) (TSXV: EQT) (US: EQTRF) (Frankfurt: T6UN) announces numerous mineralized intercepts from the recent drilling program at the Baldo Zone (“Baldo”) of its 100%-owned Cajueiro Gold Project (“Cajueiro”) in Central Brazil. Major Highlights Include: Assay results identify 33 intersections of gold mineralization in saprolite and bedrock, ranging from 0.95 g/t Au to 4.07 g/t Au; Combined Read More

  • Maya Gold & Silver Summarizes Activities of 2016

    BLAINVILLE, QUEBEC--(Marketwired - Aug. 29, 2016) - Maya Gold & Silver Inc. ("Maya" or the "Corporation") (TSX VENTURE:MYA) has released its unaudited condensed consolidated financial statements accompanied by the management's discussion and analysis ("MD&A") for the six-month period ending in June 30, 2016. The documents have been filed electronically with SEDAR and will be available on the Corporation's website: Corporation's 2016 Highlights 2016 - SIX MONTH PERIOD ENDING Read More

  • Eastmain Resources: Eleonore South JV Prospecting Returns High-Grade Gold Grab Samples; High-Grades Range from 11.6 g/t to 142.0 g/t Au

    TORONTO, ONTARIO--(Marketwired - Aug. 29, 2016) - Eastmain Resources Inc. (TSX:ER) ("Eastmain" or the "Company") is pleased to receive positive results from a recently completed surface prospecting program on the Éléonore South Joint Venture Property in the James Bay gold district, Québec. The program has delivered some of the best prospecting gold grades obtained to date in the Éléonore mining camp (see FIGURES 1, 2 and 4). Highlights: Read More

  • Orca Gold Reassembles Red Back Management Team to Advance Block 14 Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Orca Gold Inc. (TSX VENTURE:ORG) ("Orca" or the "Company") is pleased to announce key strategic changes to its Board of Directors and senior management team, effective immediately, and the granting of 500,000 incentive stock options. Changes to the Board and Senior Management Team With great pleasure, the Board of Directors has appointed Richard P. Clark as the new Chief Executive Read More

  • Perseus Mining Limited Announces Financial Results for Period Ended July 31, 2016

    PERTH, WESTERN AUSTRALIA--(Marketwired - Aug. 28, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Perseus Mining Limited ("Perseus" or the "Company") (TSX:PRU)(ASX:PRU) has released its Annual Financial Report for the twelve months ending June 30, 2016 ("FY2016"), announcing a loss for the year attributable to the owners of the parent entity (i.e. excluding minority interests) of A$35.6 million, or Read More

  • Northern Vertex Announces New Chief Financial Officer

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") announces the appointment of Christopher Park, CPA, CGA as its new Chief Financial Officer, effective September 1st. Mr. Park has several years' experience in senior financial positions in the mining industry, including Corporate Controller for a mid-tier producing mining company which recently completed a major mine project in British Columbia. He will Read More

  • Azimut Exploration: High-grade prospecting results enhance upcoming 5,000-metre drilling program at Eleonore South gold Property, James Bay region, Quebec

    LONGUEUIL, QC, Aug. 29, 2016 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or the "Company") (TSXV: AZM) is pleased to announce the results of a recently completed surface prospecting program on the Eleonore South Property in the James Bay region of Quebec. The program has delivered some of the best prospecting gold grades obtained to date in the Eleonore mining camp area. High-grade grab samples collected on the Property Read More

  • Northern Superior Resources: Ontario Superior Court of Justice Issues Adverse Cost Award

    SUDBURY, ONTARIO--(Marketwired - Aug. 29, 2016) - Northern Superior Resources Inc. (TSX VENTURE:SUP) ("Northern Superior" or the "Company") advises that Ontario Superior Court of Justice has ordered the Company to pay an aggregate of $440,569.89 in costs to the Province of Ontario in connection with the Company's recent lawsuit against the Province. Although the Company was unsuccessful at trial (see Press Release dated May 25, 2016) both the Read More

  • Valterra Receives Extension for Previously Announced Private Placements

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 29, 2016) - Valterra Resource Corporation ("Valterra") (TSX VENTURE:VQA) reported today that it has received approval from the TSX.Venture Exchange for a 30 day extension to close the previously announced Private Placements. (July 14/2016) The Company plans to issue up to 25,000,000 units in two non-brokered private placements for total gross proceeds of $1,250,000. Valterra will issue up to 10,000,000 units in a Read More

  • Canasil Resources Drills 67 Metres of 192 g/t Silver, Including 2 Metres of 1,216 g/t Silver, at Sandra-Escobar Project in Durango State, Mexico

    VANCOUVER, Aug. 29, 2016 /CNW/ - Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, "Canasil" or the "Company") is pleased to announce that Orex Minerals Inc. (TSX-V: REX, "Orex") has reported additional silver mineralized intercepts from the initial 5 drill holes of the Phase-3 core drilling program in the southeastern region of the Sandra-Escobar project in Durango State, Mexico. Results from drill holes SA-16-039 to SA-16-043 are Read More

  • GTA Reports Gold Recoveries of 99.5% and 96.3% from Initial Metallurgical Test Work at Northshore

    Burlington, Ontario--(Newsfile Corp. - August 29, 2016) - GTA Mining and Resources Inc. (TSXV: GTA) ("GTA" or the "Company") reports preliminary metallurgical testing from the Northshore Property. Results from two composites, one from core of the Afric Zone and one from core of the high-grade Audney vein system, returned peak gold recoveries of 96.3% and 99.5% respectively. The Company recently reported the results of 36 drill holes from Read More

  • 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

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  • 1

TORONTO, ONTARIO--(Marketwired - Oct. 1, 2015) - Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE:UGD) today announced that Mr. Ruben Padilla has been appointed to the Board of Unigold Inc.

Mr. Padilla has 25 years experience working on target generation, project evaluations, mining geology, and management of exploration programs with various companies mostly focused on the Americas. He holds a geological engineering degree from the University of Chihuahua in Mexico and a Master and PhD degrees from the University of Arizona. Currently a chief geologist of Talisker Exploration Services Inc., an Ontario based mining and exploration services company co-founded by Mr. Padilla in 2010, whose principal clients are Osisko Gold Royalties and their associated companies. Mr. Padilla worked and completed important research at La Escondida deposit in Chile where he identified a blind target related with a younger porphyry event today known as the Escondida Este deposit. With AngloGold Ashanti he acted as exploration country manager in Peru and in Colombia and as Chief Geologist for the Americas exploration group. He was part of the team that discovered the Colosa and Gramalote deposits in Colombia.

"We are excited to make this addition to the Board," said Mr. Joseph Del Campo, Interim President and CEO. "Ruben will be a valuable resource as Unigold resumes its exploration program this fall."

Unigold also announces that the Board of Directors have granted in aggregate 1,550,000 stock options to members of the Board, consultants and management. The options have an exercise price of $0.10, have a term of five years and vest immediately.

About Unigold Inc.

Unigold is a Canadian based mineral exploration company traded on the TSX Venture Exchange under the symbol UGD, focused primarily on exploring and developing its gold assets in the Dominican Republic.

For Further Information please visit

Unigold Inc.
Mr. John Green
Chief Financial Officer
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Unigold Inc.
Mr. Joseph Del Campo
Interim President and CEO
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Condor Gold

Exchange/Ticker: LON: CNR
Main Asset: La India Gold District
Operating Region: Nicaragua
Profile: Condor Gold is revitalizing the historic La India gold mining district of Nicaragua. To date the company has delineated a global N.I. 43-101 mineral resource estimate of 2.33 million ounces of gold and a positive Preliminary Economic Assessment that boasted production at all-in sustaining cash costs under $700 per ounce. In 2015 Condor is de-risking the project by applying for mining permits and optimizing... VIEW FULL PROFILE