ALL NEWS RELEASES

  • Monument Enters Earn-In and JV Agreement on Matala Gold Project in DRC

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 7, 2016) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) ("Monument" or the "Company") announces that it has entered into an "Earn-In and Shareholders Agreement" (the "JV Agreement" with Afrimines Resources S.A.R.L ("Afrimines") and its wholly owned subsidiary, Regal Sud Kivu S.A.R.L ("Regal") to earn up to 90% joint venture interest in the Matala Gold Project ("Matala Project" or "Matala"). Afrimines and Regal are both Read More

  • Lucara Diamond Press Conference

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 6, 2016) - (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX Stockholm:LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to report that it will be holding a press conference at which William Lamb, President and CEO of Lucara, will be announcing the name of the 1,100+ carat gem quality Type IIa stone recovered at the Karowe Mine in Botswana in November of last year. This beautiful diamond Read More

  • Imperial Reports Huckleberry Mines Ltd. Provides Notice to Suspend Operations

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2016) - Imperial Metals Corporation ("Imperial" or the "Company") (TSX:III) reports that Huckleberry Mines Ltd. ("HML") has notified employees at the Huckleberry mine ("Mine") that operations will be suspended once the stockpiles have been milled. It is anticipated milling of the stockpiles will be completed by about the end of August 2016, and at that time the Mine will be temporarily placed Read More

  • Timmins Gold Reports 2015 Q4 and Year End Operating Results

    HERMOSILLO, MEXICO--(Marketwired - Feb. 5, 2016) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) ("Timmins" or the "Company") reports its preliminary production results for the Company's fourth quarter and year ended December 31, 2015. The Company achieved production of 22,943 gold equivalent ounces for the quarter and 93,353 gold equivalent ounces for the fiscal year and by doing so slightly beating its revised guidance. Three Months Ended December 31, 2015: Read More

  • Cameco Reports Fourth Quarter and 2015 Financial Results

    SASKATOON, SASKATCHEWAN--(Marketwired - Feb. 5, 2016) - delivered on annual guidance amid weak market conditions solid uranium segment results, record annual revenue and average realized price owing to a weaker Canadian dollar record annual uranium production on the back of strong results at Cigar Lake write-down of $210 million in the fourth quarter related to our Rabbit Lake operation Cameco (TSX:CCO) (NYSE:CCJ) today reported its consolidated financial and Read More

  • Silvercorp Reports Q3 Fiscal 2016 Financial and Operating Results and Fiscal 2017 Guidance Issued

    VANCOUVER, Feb. 5, 2016 /CNW/ -Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) reported its financial and operating results for the third quarter ended December 31, 2015 ("Q3 Fiscal 2016"). All amounts are expressed in US Dollars. THIRD QUARTER HIGHLIGHTS Cash flows from operations of $9.6 million, or $0.06 per share; Repurchased 684,700 common shares of the Company; Ended the quarter with $66.8 million in Read More

  • Fission Responds to Limited Technical Disclosure Review by BCSC

    KELOWNA, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2016) - FISSION URANIUM CORP. (the "Company" or "Fission") (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) is issuing this news release to clarify certain of its disclosure. Non-compliant disclosure of Preliminary Economic Assessment ("PEA") (February 5, 2016) - The Company disclosed the results of the PEA of its Patterson Lake South Property ("PLS") in its January 27, 2016 Corporate Presentation ("Presentation") and in its September 17, 2015 CEO Corner Read More

  • Lake Shore Gold Comments on Trading Activity

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Lake Shore Gold Corp. (TSX:LSG) (NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") is issuing this press release in response to a request by market regulation services to comment on recent trading activity in its stock. The Company has also become aware of speculation concerning a potential transaction involving the Company. As a general policy, the Company does not publicly comment Read More

  • Marlin Gold Mining Ltd. Announces Grant of Stock Options and Cancellation of Previously Granted Restricted Share Units

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Marlin Gold Mining Ltd. (TSX VENTURE:MLN) ("Marlin" or the "Company") announces that it has granted an aggregate of 6,000,000 incentive stock options (the "Options") today to certain directors and/or officers of the Company pursuant Read More

  • Osisko-Barkerville Close Royalty Financing and Private Placement

    MONTREAL, QUEBEC and TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Osisko Gold Royalties Ltd (the "Corporation" or "Osisko") (TSX:OR) and Barkerville Gold Mines Ltd. ("Barkerville") (TSX VENTURE:BGM) (collectively the "Companies") are pleased to announce that they have closed their previously announced royalty financing and private placement. Sean Roosen, Chairman and Chief Executive Officer of Osisko commented on the transaction: "This is an important milestone in respect to our Read More

  • Amerigo Announces Q4-2015 and Full Year Production Results

    VANCOUVER, BC--(Marketwired - February 05, 2016) - Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") announced today production results for the fourth quarter of 2015 from Minera Valle Central ("MVC"), the Company's operations located near Rancagua, Chile. MVC produced 10.860 million pounds of copper, including copper produced pursuant to MVC's tolling contract with Minera Maricunga during the three months ended December 31, 2015. Production for the full Read More

  • Rapier Gold Inc. Announces Completion of Expenditure Requirement of Rio Tinto Share Purchase Agreement, Extension of Private Placement, Advance Notice Provisions

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 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 confirm that, with the completion of the recent drill program on the Fox Outcrop of the Talc Mine Area, we have fulfilled the expenditure requirement on Pen Gold North of $1,500,000 under the share Read More

  • Century Announces Filing of Third Quarter Results and Completion of Continuation to the Cayman Islands

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Century Global Commodities Corporation (TSX:CNT), formerly Century Iron Mines Corporation (TSX-FER) ("Century" or the "Company"), is pleased to announce that it has filed its condensed consolidated interim financial statements for the third fiscal quarter ended December 31, 2015 and the related management's discussion and analysis ("MD&A") on SEDAR. Copies of these documents will also be posted on Century's website at www.centuryglobal.ca. Read More

  • Alexandria Minerals Announces TSX Venture Approval of Normal Course Issuer Bid

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D)(OTC PINK:ALXDF) ("Alexandria" or the "Company") announces that it has received approval from the TSX Venture Exchange (the "Exchange") for the Company's intention to make a normal course issuer bid (the "Issuer Bid"). Under the terms of the Issuer Bid, the Company may acquire or repurchase for cancellation up to 13,404,967 issued common shares of the Company Read More

  • Axmin Receiving 1.5% of Net Smelter Returns

    Vancouver, British Columbia / The Newswire / February 5, 2016 - AXMIN Inc. (TSX VENTURE: XM) ("AXMIN" or the "Company") is pleased to announce the receipts of 1.5% net smelter returns from the Gora deposit. The first royalty income was delivered to the Company on January 22, 2016. The royalty is applied to the production of gold from the Gora deposit, located in the Senegal Republic. The Gora deposit Read More

  • Tartisan Resources Corp. Announces the Closing of the Private Placement and Increases Offering

    Toronto, Ontario (FSCwire) - Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce the closing of its previously announced Private Placement and wishes to announce that the Company has increased the Offering by up to four million units. Private Placement Tartisan Resources Corp. is seeking to raise an additional $CDN 100,000 via non-brokered private-placement. The Company intends to issue an additional 4 million Read More

  • Starcore Status With the SEC

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2016) - Further to its news release of December 22, 2015, Starcore International Mines Ltd. (TSX:SAM) (the "Company" or "Starcore") wishes to clarify that, on August 31, 2004, the Company (then known as Starcore International Ventures Ltd.) had filed a registration statement with the Securities and Exchange Commission (the "SEC") on Form 20-F under the United States Securities Exchange Act of 1934, Read More

  • ExGen Resources Inc. Appoints New Auditor

    VANCOUVER, BC--(Marketwired - February 05, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ExGen Resources Inc. (TSX VENTURE: EXG) (OTC PINK: BXXRF) (the "Company", or "ExGen") announced today that it has appointed Wolrige Mahon LLP as auditor of ExGen effective February 4, 2016. The resignation of ExGen's former auditor, Kenway Mack Slusarchuk Stewart LLP, was accepted by the Company Read More

  • Pele Mountain Announces Closing of Private Placement

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF)("Pele" or the "Company") announced that it has closed a non-brokered private placement offering (the "Offering") comprised of 4,155,000 flow-through units (the "FT Units") at a purchase price of $0.05 per FT Unit for aggregate gross proceeds of $207,750 and 6,049,000 units (the "Units") at a price of $0.05 each for aggregate gross proceeds of $302,450. Read More

  • Eskay Announces Grant of Options

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Eskay Mining Corp. ("Eskay" or the "Company") (TSX VENTURE:ESK) an aggregate of 600,000 options to purchase common shares of Eskay at $0.105 per share for five years have been granted to three (3) directors of Eskay to replace options recently exercised by the directors. The grant is subject to acceptance by the TSX Venture Exchange. About Eskay Mining Corp: Eskay Mining Read More

  • Tasman Commences Trading on the OTCQB

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 5, 2016) - Tasman Metals Ltd. ("Tasman" or the "Company") (TSX VENTURE:TSM)(FRANKFURT:T61)(OTCQB:TASIF) Tasman announces that its common shares commenced trading on the OTCQB under the symbol "TASIF" effective at the market open on Friday, February 5, 2016. Tasman's common shares continue to trade on the TSX Venture Exchange under the symbol "TSM". Tasman's shares were delisted from the NYSE MKT prior to the Read More

  • Barsele grants stock options

    VANCOUVER, Feb. 5, 2016 /CNW/ - Barsele Minerals Corp. – (BME: TSX-V) ("Barsele" ) announces that it has granted an aggregate of 3,200,000 incentive stock options to directors, officers and consultants to purchase up to 3,200,000 common shares in the capital of Barsele. The incentive stock options have an exercise price of $0.10 per share, expire five years from the date of grant and vest immediately. As a result Read More

  • Heatherdale Corporate Update

    VANCOUVER, Feb. 5, 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 302,187 shares have been issued in settlement of interest payments for the period November 1, 2015 to January 31, 2016 as per the amended agreement, announced Read More

  • Randgold Resources Limited: Holding(s) in Company

    JERSEY, CHANNEL ISLANDS--(Marketwired - Feb 5, 2016) - Randgold Resources (LSE: RRS) (NASDAQ: GOLD) RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") Jersey, Channel Islands, DRC, 5 February 2016     TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which Read More

  • Randgold Resources: Directorate Change

    JERSEY, CHANNEL ISLANDS--(Marketwired - Feb 5, 2016) -  Randgold Resources (LSE: RRS) (NASDAQ: GOLD) RANDGOLD RESOURCES LIMITED Incorporated in Jersey, Channel Islands Reg. No. 62686 LSE Trading Symbol: RRS NASDAQ Trading Symbol: GOLD ("Randgold Resources" or the "Company") CHANGES TO THE BOARD: RETIREMENT OF A NON-EXECUTIVE DIRECTOR AND APPOINTMENT OF A NEW MEMBER OF THE AUDIT COMMITTEE Kibali, DRC, 5 February 2016 - Randgold Resources announces that as he Read More

  • Abitibi Royalties "Royalty Search" & Financial Update: Additional 1% NSR Purchased on the Menderes Project Surrounding Eldorado Gold's Efemcukuru Mine

    VAL-D'OR, QUÉBEC--(Marketwired - Feb. 5, 2016) - Abitibi Royalties Inc. (TSX VENTURE:RZZ) ("Abitibi Royalties" or the "Company") is pleased to announce that it has entered into a binding Letter of Intent with Frontline Gold Corp. ("Frontline") to acquire an additional 1% net smelter royalty ("NSR") on its Menderes Gold Project, increasing the Company's NSR interest to 2%. The Menderes Gold Project surrounds Eldorado Gold Corporation's Efemcukuru gold mine Read More

  • Mega Uranium Ltd. Announces New By-Law

    TORONTO, ONTARIO--(Marketwired - Feb. 5, 2016) - Mega Uranium Ltd. (TSX:MGA) announces that its board of directors has approved a new by-law establishing a framework for advance notice of nominations of directors by the company's shareholders. The by-law reflects current corporate governance practices and is similar to the advance notice by-laws adopted by many Canadian public companies. The new by-law contains advance notice provisions for nominations of directors Read More

  • Nevada Energy Metals Inc. Information to be Available through S&P Capital IQ Corporation Records Program (Blue Sky Listings)

    Vancouver, British Columbia / TheNewswire / February 5, 2016 - Nevada Energy Metals Inc. TSX-V: BFF (OTC Pink: SSMLF) announces that its company information will be made available via S&P Capital IQ Corporation Records Listing Program. As part of the program, a full description of Nevada Energy Metals will be published in the Daily News Section of Standard & Poor's Corporation Records, a recognized securities manual for secondary trading Read More

  • Centerra Gold Reports on Mongolian Parliamentary Resolution on Gatsuurt

    TORONTO, ON--(Marketwired - February 04, 2016) - Centerra Gold Inc. (TSX: CG) announced that the Mongolian Parliament has passed a resolution setting the state ownership interest in the Gatsuurt Project at 34% and authorizing the government to complete negotiations with Centerra on the terms of such ownership. In October 2015, the Company and the Government agreed to a 3% special royalty in place of the state 34% ownership Read More

  • Lake Shore Gold Confirms and Expands Shallow, High-Grade Gold Mineralization at Whitney Project

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - Drilling of 110 Zone to south of Hallnor shaft: Confirms and expands mineralization to west (Intercepts: 29.42gpt/12.0m, 8.45gpt/9.5m and 6.45gpt/9.2m) Extends Zone to depth (Intercepts: 4.62gpt/3.1m and 3.02gpt/10.7m) Drilling in north volcanics indicates potential to extend near-surface resources to north and to depth (Intercepts: 3.20gpt/7.2m, 1.21gpt/15.0m and 2.24gpt/8.5m) 30,000 metre exploration program continuing with two surface drills. Lake Shore Gold Corp. Read More

  • Continental Gold Extracts High-Grade Gold by Mechanized Long-Hole Mining at Buritica, Colombia

    TORONTO, ON--(Marketwired - February 04, 2016) - Continental Gold Inc. (TSX: CNL) (OTCQX: CGOOF) ("Continental" or the "Company") is pleased to announce channel sampling results from a new sublevel drift located below two trial stopes that the Company has extracted using long-hole mining in the Yaraguá vein system at the Company's 100%-owned Buriticá project in Antioquia, Colombia. JDS Energy & Mining Inc. was retained to plan and oversee Read More

  • Primero Receives Legal Claim Filed by Mexican Tax Authorities

    TORONTO, ON--(Marketwired - February 03, 2016) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) (NYSE: PPP) announced today that its Mexican subsidiary, Primero Empresa Minera, S.A. de C.V. ("PEM"), has received a legal claim from the Mexican tax authorities, Servicio de Administración Tributaria ("SAT"), seeking to nullify the Advance Pricing Agreement ("APA") issued by SAT in 2012. The APA confirmed the Company's basis for paying taxes Read More

  • Cameco Approves Dividend

    SASKATOON, SASKATCHEWAN--(Marketwired - Feb. 4, 2016) - Currency: Cdn (unless noted) Cameco (TSX:CCO)(NYSE:CCJ) announced today that its board of directors has approved a quarterly cash dividend of $0.10 per common share, payable on April 15, 2016 to shareholders of record at the close of business on March 31, 2016. Profile Cameco is one of the world's largest uranium producers, a significant supplier of conversion services and one of Read More

  • Noble Announces Extension of Private Placement

    Toronto, Ontario / TheNewswire / February 4, 2016 - Noble Mineral Exploration Inc. ("Noble" or the "Company") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) announces that the deadline for closing its previously announced non-brokered private placement has been extended. As announced by the Company in its news releases of December 7 & 8, 2015, the TSX Venture Exchange (the "TSXV") has authorized a private placement seeking to raise up to Cdn$300,000 through Read More

  • Uranium Resources Secures up to $10.8 Million of Additional Funding from Aspire Capital

    CENTENNIAL, Colo.--(BUSINESS WIRE)--Uranium Resources, Inc. (NASDAQ:URRE; ASX: URI), a leading exploration, development, and uranium production company, announced that today it has entered into a stock purchase agreement with Aspire Capital Fund, LLC, selling 3,560,000 shares of its common stock in a registered direct offering for an aggregate purchase price of US $838,000.00. There were no underwriting discounts or placement agent fees. The Company intends to use Read More

  • Golden Star Announces Results of F Shoot Drilling at Wassa Underground

    TORONTO, Feb. 4, 2016 /CNW/ - Golden Star today provided an update on exploration activities at its Wassa gold mine in Ghana. Full drill results, plans, and sections are available on the Company's website at www.gsr.com/Operations/Wassa.asp. Highlights of Drill Program FSDD010 – 22.0 meters ("m") grading 3.5 grams per tonne ("g/t") gold FSSDD011 – 8.4 m grading 5.6 g/t The Wassa Underground has advanced significantly since development began in Read More

  • Tahoe Resources Declares Second Monthly Dividend For 2016

    VANCOUVER, British Columbia, Feb. 4, 2016 /CNW/ -- Tahoe Resources Inc. (TSX, BVL: THO, NYSE: TAHO) is pleased to declare its second monthly dividend for 2016 of USD$0.02 per common share. Shareholders of record at the close of business on Thursday, February 18, 2016 will be entitled to receive payment of this dividend on Thursday, February 25, 2016. This dividend qualifies as an "eligible dividend" for Canadian Read More

  • Osisko Gold Royalties Ltd.: Early Warning Report

    MONTREAL, QUEBEC--(Marketwired - Feb. 4, 2016) - Osisko Gold Royalties Ltd (TSX:OR) ("Osisko") announces today that it has subscribed for and received 800,000 subscription receipts ("Subscription Receipts") of Oban Mining Corporation (TSX:OBM) ("Oban") at a price of $1.20 per Subscription Receipt, in connection with the closing by Oban of its previously announced private placement (the "Private Placement"). The Private Placement was announced on January 11, 2016 concurrently with Read More

  • Golden Arrow Reports Additional Drill Results at Chinchillas Silver Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 4, 2016) - Golden Arrow Resources Corporation (TSX VENTURE:GRG)(FRANKFURT:GAC)(WKN:A0B6XQ) ("Golden Arrow") is pleased to announce the results of assaying of an additional 14 drill holes in the Phase V drilling program at the Chinchillas Silver Project in Jujuy Province, Argentina. Previous results from the program were reported in news releases dated December 2nd, 2015, December 16th, 2015, January 11th, and January 20th, 2016. Read More

  • Americas Silver Corporation Announces 2015 Production and Costs, 2016 Guidance and U.S. $2.9 Million Credit Facility

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - Americas Silver Corporation (TSX:SPM)(OTCQX:SMNPF) ("Americas Silver" or the "Company") has agreed in principle to terms for a U.S. $2.9 million subordinated credit facility with its two existing lenders and equity holders. Proceeds will be used for general corporate purposes, and to finance a restructuring and workforce reduction at the Company's two operating mines and its corporate office. Note: The Company will Read More

  • Otterburn Resources Corp.: K92 Completes Financing to Restart its Kainantu Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 4, 2016) - Not for distribution to United States newswire services or for release, publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States. Otterburn Resources Corp. ("Otterburn") (TSX VENTURE:OBN) is pleased to announce that K92 Holdings International Limited ("K92") has entered into financing agreements with CRH Funding II Pte. Ltd. ("CRH"), an affiliate of Read More

  • Eastmain's Clearwater Project: Successful 2015 Exploration Program

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) is pleased to provide an update on final assay results from the 2015 exploration program completed at its wholly-owned Clearwater Project, located in James Bay, Quebec. The 2015 program was successful in intersecting high-grade gold in drill intercepts lateral to the current resource. Infill core sampling of historical holes also provided positive results Read More

  • Lundin Mining to Release Fourth Quarter 2015 Results Thursday, February 18, 2016

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(OMX:LUMI) announces that the report for the fourth quarter period ended December 31, 2015 will be published after the close of the trading day in Toronto on Thursday, February 18, 2016. The Company will hold a telephone conference call and webcast at 08:00am ET, 14:00 CET on Friday, February 19, 2016. Conference call Read More

  • Dundee Precious Metals Announces the Filing of a Technical Report for the Chelopech Mine, Bulgaria

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - Dundee Precious Metals Inc. (TSX:DPM) ("DPM" or "the Company") advised that, following the announcement of a 15% increase to the Measured and Indicated Mineral Resource categories for its Chelopech mine on December 21, 2015, it has today filed a technical report entitled "NI 43-101 Technical Report - Mineral Resource Update, Chelopech Project, Chelopech, Bulgaria" dated February 4, 2016, prepared by CSA Global Read More

  • UPDATE: African Gold Group, Inc. Feasibility Study for Kobada Gold Project Generates a Robust After Tax Economic Outcome

    TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - African Gold Group, Inc. (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to announce the completion of the Feasibility Study for the Kobada Gold Project. The Study demonstrates the robust nature of the project, with an "All In Sustaining Costs" ("AISC") of US$788 per ounce and free cash flow of US$122 million net of all capital expenditure, operating costs, royalties and Read More

  • Bowmore Completes Drill Program on Its Recently Staked Southern Quebec Quartzite Property

    MONTREAL, QUEBEC--(Marketwired - Feb. 4, 2016) - Bowmore Explorations Ltd. (the "Company" or "Bowmore") (TSX VENTURE:BOW)(FRANKFURT:0B5) is pleased to announce the completion of a reconnaissance drill program on its Southern Quebec quartzite property. The main objective of the program was to enable preliminary testing of the quality of a near-surface horizontal quartzite formation that outcrops over several square kilometers by implementing a widely spaced shallow drill hole program. Read More

  • Top Quebec Geological Engineer Joins Secova; Morgan Good Named President

    VANCOUVER, BC--(Marketwired - February 04, 2016) - Secova Metals Corp. ("Secova" or the "Company") (TSX VENTURE: SEK) is pleased to announce the appointment of Pierre-Jean Lafleur, ingénieur géologue, to its Board of Directors and to manage the exploration program at its Duvay gold project in Amos, Quebec. Through his company PJ Lafleur Geo-conséil Inc. ("PJLGCI"), Mr. Lafleur brings access to some of the top geologists and technology in Read More

  • Golden Dawn Minerals Inc. Granted Stock Options

    Vancouver, British Columbia--(Newsfile Corp. - February 4, 2016) - Golden Dawn Minerals Inc. (TSXV: GOM) (FSE: 3G8A) (the "Company" or "Golden Dawn") announces that the Company has granted 3,350,000 stock options at an exercise price of $0.15 effective today. The options are exercisable for 5 years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the Company. The Company also Read More

  • Orvana Announces Results of Annual Shareholders' Meeting

    TORONTO, Feb. 4, 2016 /CNW/ - Orvana Minerals Corp. (TSX:ORV) (the "Company" or "Orvana") reports the results following the annual shareholders' meeting held on February 3, 2016 in Toronto (the "Meeting"). The following nominees were elected as directors of Orvana: Jacques McMullen; Gordon J. Bogden; Daniella Dimitrov; Juan Gavidia; Ed Guimaraes; Sara Magner; Gordon Pridham; and Audra Walsh. Mr. John Wilson has retired from the board of Read More

  • Golden Arrow Announces Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 4, 2016) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO OR THROUGH US NEWSWIRE SERVICES Golden Arrow Resources Corporation (TSX VENTURE:GRG)(FRANKFURT:GAC) (WKN:A0B6XQ) ("Golden Arrow" or the "Company") is pleased to announce a non-brokered private placement financing of 2,918,000 units at $0.40 per unit for gross proceeds of $1,167,200. Each unit will consist of one common share and one non-transferable Read More

  • Wildcat Exploration Announces Non-Brokered Private Placement

    WINNIPEG, MANITOBA--(Marketwired - Feb. 4, 2016) - Wildcat Exploration Ltd. (TSX VENTURE:WEL) ("Wildcat" or the "Company") announces a non-brokered private placement of up to 15,000,000 units ("Units") at a price of $0.035 per Unit for gross proceeds of up to $525,000 (the "Offering"). Each Unit will consist of one common share of the Company and one share purchase warrant ("Warrant") with each Warrant exercisable to purchase one common Read More

  • Thompson Creek Schedules 2015 Financial Results Conference Call/Webcast on February 25, 2016

    DENVER, Feb. 4, 2016 /CNW/ - Thompson Creek Metals Company Inc. (TSX: TCM) (OTCQX: TCPTF) (the "Company" or "Thompson Creek"), has scheduled a conference call/webcast for analysts and investors to discuss its 2015 financial results on Thursday, February 25, 2016 at 11:00 a.m. ET. A news release will be issued after markets close on Wednesday, February 24, 2016. To participate in the call, please dial 1 (647) Read More

  • Alphamin Announces Appointment of Chief Executive Officer

    GRAND BAIE, MAURITIUS--(Marketwired - Feb. 4, 2016) - Alphamin Resources Corp. (TSX VENTURE:AFM) ("Alphamin" or the "Company") is pleased to announce that Mr Boris Richard Kamstra has been appointed as the Chief Executive Officer ("CEO") of the Company. Mr Kamstra had, on 31 July 2015, accepted to act as the Interim CEO of the Company and was subsequently appointed as an executive director on 14 August 2015. Mr Read More

  • Wesdome Announces Changes to Board of Directors

    TORONTO, Feb. 4, 2016 /CNW/ - Wesdome Gold Mines Ltd. (TSX: WDO)("Wesdome" or the "Company") today announces changes to its Board of Directors. Mr. Charles Page has been appointed as Chairman of the Board. Mr. Barry Smith will continue his directorship as an independent board member. In addition, Mr. Hemdat Sawh, having accepted the position of Chief Financial Officer of the Company in September 2015, has resigned Read More

  • Pacific Booker Minerals Inc. Announces Response Submitted

    Vancouver, British Columbia--(Newsfile Corp. - February 4, 2016) - Pacific Booker Minerals Inc. (TSXV: BKM) (NYSE MKT: PBM) has responded to the July 2015 decision by the Minister of Environment and Minister of Energy and Mines that the Morrison Project undergo further assessment. On December 23, 2015, the Company submitted a response document. The document has been acknowledged as received by Kevin Jardine, Associate Deputy Minister, Environmental Assessment Read More

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Montreal, Quebec / TheNewswire / September 18 2015 - Uragold Bay Resources Inc. ("Uragold") (TSX Venture: UBR) would like to inform its shareholders that Uragold has notified Golden Hope Mines ("GNH") that delays in the completion of the recommended work defined in the Option Agreement described in its September 4, 2015 press release were the results of GNH's inappropriate or missing data, the Government and unexpected conditions beyond the control of Uragold, which require additional work and an extension to complete the work.

The present situation emanates from GNH delays in submitting requested data to Uragold technical team, missing or incomplete data sets required to complete a 3D geological model of a surface gold shell were mining activities are supposed to be undertaken and no available data that would allow the validation by Uragold technical staff of the Whittle-optimized pit shell referred to in the GNH June 18 2012 Technical Report.

Furthermore, unexpected regulatory changes implemented after the signing of the Option Agreement have resulted in a major change in the scope and the depth of the work required by Uragold to attain the stated goal of the Agreement, as stipulated therein.

Under the terms of the Option Agreement, Uragold needed to complete a Preliminary Economic Assessment (PEA), and this in order to obtain the required mining lease to start a small scale mining operation based on the Whittle-optimized pit shell referred to in GNH June 18 2012 Technical Report. Further to the passing of Quebec's Bill 70 that amended the Mining Act, the subsequent regulations that emanated from the government now required that a NI43-101 compliant Feasibility Study (FS) be submitted before any Mining Leases can be issued.

Pursuant to this new requirement, a review and analysis of available technical data by Uragold Technical staff revealed that current Golden Hope data was insufficient to complete a NI43-101 report that would meet the minimum requirement needed to complete a FS. In fact, Uragold's attempt to build a 3D geological model revealed that the database furnished included numerous boreholes for which data is not available.

The end result of these issues is that Uragold has the right to an extension of at least 18 months to complete the required additional work needed to generate the new data.

Uragold has fully met its monetary obligation stemming from the Option Agreement, including cash payments to Golden Hope, claim renewal fees for the next two years, paid the property municipal taxes and submitted a revised work program schedule to GNH.

In its September 4, 2015 press release, Golden Hope stated that on or about October 10 2015, it intends to serve notice to Uragold that they are in breach of the terms of the Option Agreement, and that the Option will be terminated. Uragold will contest any such termination and any notice to that effect, at all levels.

About Uragold

Uragold Bay Resources is a TSX-V listed Gold and High Purity Quartz exploration junior focused on generating free cash flow from mining operations. Our business model is centered on developing mining projects suited for smaller-scale start-up and that could potentially generate high yield returns. Uragold will reach these goals by developing Quebec's first placer mine in 50 years, the Beauce Placer Project and, in partnership with Golden Hope Mines, the Bellechasse-Timmins Gold Deposit.

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

For further information contact

Bernard J. Tourillon, Chairman and CEO
Patrick Levasseur, President and COO

Tel: (514) 846-3271
www.uragold.com

Copyright (c) 2015 TheNewswire - All rights reserved.

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