• Goldcorp Reports Fatality at its Musselwhite Mine

    VANCOUVER, Nov. 26, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) today reported a fatal accident at its Musselwhite mine in Northern Ontario. Early Wednesday morning a scoop operator was working underground when an unexpected fall-of-rock occurred. The company immediately dispatched first responders and initiated search and rescue operations, however, the scoop was completely covered with material, which led to the fatal injury. "We are all Read More

  • Talon Metals Secures All Funding Required to Earn an Interest in the Tamarack Project

    ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - Nov. 26, 2015) - Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO) is pleased to announce that it has entered into definitive agreements with Resource Capital Fund VI L.P. ("RCF") and an amending agreement and debt settlement agreement with Kennecott Exploration Company ("Kennecott"), a subsidiary of the Rio Tinto Group, whereby Talon will receive US$15 million from RCF to be used by Read More

  • Atalaya Mining plc Operations Update and Quarterly Financial Statements

    NICOSIA, CYPRUS--(Marketwired - Nov 26, 2015) - Atalaya Mining plc (AIM: ATYM) (TSX: AYM), the Europe-based minerals development and exploration company, is pleased to provide an operations update and to announce its unaudited quarterly results for the three and nine months ended 30 September 2015, together with the unaudited, condensed interim consolidated Financial Statements. Having received the final permitting component required to initiate mining activities at the Riotinto Read More

  • Lake Shore Gold Issues 6,900,000 Flow-Through Common Shares Priced at $1.45 Per Share

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Lake Shore Gold Corp. (TSX:LSG) (NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced the completion of a non-brokered private placement of 6,900,000 flow-through common shares ("Flow-Through Shares") sold at a price of $1.45 per Flow-Through Share for gross proceeds of $10,005,000. The funds raised from Read More

  • Macarthur Minerals' Shareholders Approve the Sale of Western Australian Iron Ore Projects

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Macarthur Minerals Limited (TSX VENTURE:MMS)(OTCQX:MMSDF) (the "Company" or "Macarthur") is pleased to announce that its shareholders have resolved to sell Macarthur Iron Ore Pty Ltd, the Company's wholly owned subsidiary that owns the Western Australian iron ore projects, for A$6 million, at an Extraordinary General Meeting of the Company held today in Australia. Macarthur Minerals' Chairman, Earl Evans commented that, Read More

  • Great Atlantic Confirms Additional Tungsten Anomalies at the South Quarry Tungsten Project Newfoundland Canada

    Vancouver, British Columbia (FSCwire) - GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received analyses for soil samples collected during the summer at its South Quarry Tungsten Project, located in east-central Newfoundland. The South Quarry Project covers an area of approximately 3160 hectares. During the work program conducted in August 2015, 490 soil samples were collected throughout the property. Read More

  • Merrex Gold - IAMGOLD Corporation Shareholding in Merrex Increased to 25.20%

    HALIFAX, NOVA SCOTIA / TheNewswire / November 25, 2015 - Greg Isenor, President and CEO of Merrex Gold Inc., ("Merrex" or the "Company") (TSX Venture: MXI) is pleased to announce that IAMGOLD Corporation ("IAMGOLD") has increased its equity position in the Company to 25.20%. Share Placement with IAMGOLD CorporationMerrex has concluded a shares-for-debt settlement with the Siribaya Joint Venture project operator IAMGOLD Corporation and issued 21,473,838 shares at $0.154 Read More

  • Pasinex Resources Announce Next Lot Sale of 1478 Tonnes of 38% Zinc Mineral Product from Pinargozu Mine

    Toronto, Ontario--(Newsfile Corp. - November 26, 2015) - Pasinex Resources Limited (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") today announced that Horzum A.S., a 50 / 50 joint venture company between Pasinex and Turkish mining house Akmetal A.S., has completed another lot sale of 1478 tonnes wet weight (1402 tonnes dry weight) of high grade zinc mineral material (at approximately 38% Zn) from its Pinargozu zinc mine in Read More

  • Golden Hope Mines to Advance Geological, Environmental and Engineering Work at Bellechasse-Timmins Gold Project

    Toronto, ON / TheNewswire / November 26, 2015 - Golden Hope Mines Limited - TSX VENTURE: GNH Pink Sheets: GOLHF Frankfurt: 6G01 (the "Company") announces the following with respect to its 100% owned Bellechasse-Timmins Gold Project (the "Project"). The Company is in discussions with geological, engineering and environmental experts, and expects to provide additional information in the coming weeks on the consultants and contractors selected by the Company to advance Read More

  • Iberian Minerals Relocates Corporate Head Office to Edmonton, Alberta

    CALGARY, ALBERTA--(Marketwired - Nov. 26, 2015) - Iberian Minerals Ltd. ("the Company") (TSX VENTURE:IML)(OTCQB:SLDRF) announced today it will be relocating its corporate head office to Edmonton, Alberta. Effective December 1, 2015 the new corporate head office will be: Iberian Minerals Ltd. 102, 1603 - 91 Street Edmonton, AB T6X 0W8 Phone - 780-800-0726 Email - About Iberian Minerals Iberian Minerals is a Canadian junior mining company focused in Spain. The Read More

  • Reservoir Capital Corp.: Corporate Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 26, 2015) - Reservoir Capital Corp. (TSX VENTURE:REO)(FRANKFURT:ROC)(BERLIN:ROC) ("Reservoir" or the "Company") announces the resignation of Christopher MacIntyre as Vice President, Corporate Development. The Company takes this opportunity to thank Mr. MacIntyre for his years of excellent service as a key member of the Company's management team and wishes him the very best in his future pursuits and endeavors. About Reservoir Reservoir is Read More

  • Nautilus Minerals: Board Visits Shipyard and Vessel Update

    TORONTO, ONTARIO--(Marketwired - Nov. 26, 2015) - Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF) (the "Company" or "Nautilus") announces that today its Board members were in attendance at the shipyard of Fujian Mawei Shipbuilding Ltd to see the progress that has been made on its Production Support Vessel (PSV). The PSV is to be chartered by Nautilus and its PNG partner, Eda Kopa (Solwara) Limited, from Marine Assets Corporation. It will Read More

  • Change of Company Name to Avenira Limited

    PERTH, WESTERN AUSTRALIA--(Marketwired - Nov. 26, 2015) - Minemakers Limited (ASX:MAK) ('Minemakers' or the 'Company') is pleased to announce that, following shareholder approval at the Company's recent Annual General Meeting and receipt of a new Certificate of Registration from ASIC, the Company has changed its name to Avenira Limited ('Avenira') with immediate effect. Managing Director Cliff Lawrenson commented: "The Company has undergone a significant transformation over the past Read More

  • Copper Fox Announces a Positive Preliminary Economic Assessment on the Van Dyke Copper Deposit

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - Copper Fox Metals Inc. ('Copper Fox' or the 'Company') (TSX VENTURE:CUU)(OTC PINK:CPFXF), through its wholly owned subsidiary Desert Fox Copper Inc., is pleased to announce the results of a positive Preliminary Economic Assessment ("PEA") on the Van Dyke copper project located in Miami, Arizona. The PEA was prepared under the direction of Moose Mountain Technical Services ("MMTS") and has an Read More

  • Fission Hits 26.03% U3O8 Over 6.0M in 11.02% U3O8 Over 25.5M; R600W and R780E Zones Expand

    KELOWNA, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce assays from the final seventeen resource expansion angled holes of the 2015 summer exploration program: thirteen holes drilled on the R600W zone and four on the R780E zone at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. Of key importance, the R600W Read More

  • Operational Update for the Barsele Au-VMS Project, Västerbottens Län, Sweden

    VANCOUVER, Nov. 25, 2015 /CNW/ - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele"), is pleased to report an operational update for the current exploration program on the Barsele Au-VMS Project in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited. – (TSX: AEM) ("Agnico Eagle"). Ownership in the project is 55% Agnico Eagle and 45% Barsele. Diamond drilling is initially Read More

  • THEMAC Announces Release of Draft Environmental Impact Statement

    VANCOUVER, BC--(Marketwired - November 25, 2015) - THEMAC Resources Group Limited (TSX VENTURE: MAC) ("THEMAC" or the "Company") is pleased to announce that the United States Department of Interior Bureau of Land Management ("BLM") has released the Draft Environmental Impact Statement ("EIS") for the Copper Flat Project, opening a 45-day public comment period.The BLM has prepared the Draft EIS in conjunction with its four Cooperating Agencies: the New Read More

  • Gran Colombia Gold Announces Changes to Restructuring Proposal for the Gold-Linked and Silver-Linked Notes and New Date for Meetings

    TORONTO, ON--(Marketwired - November 25, 2015) - Gran Colombia Gold Corp. (the "Company") (TSX: GCM) (OTC PINK: TPRFF) announced today that, after further consultation with its Gold and Silver Notes holders, it has revised the terms for the comprehensive debt restructuring proposal that is to be implemented pursuant to a Plan of Arrangement (the "Revised Arrangement") under the Business Corporations Act (British Columbia) (the "BCA"). The Revised Arrangement Read More

  • North American Nickel Provides Maniitsoq Project Exploration Update and Highlights

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - North American Nickel Inc. (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP:65704T 108) (the "Company" or "NAN") is pleased to provide an exploration update and summary of significant results on its 100% owned Maniitsoq nickel-copper-cobalt-PGM project in Southwest Greenland. In 2015, the Company implemented an $8.3M exploration program consisting of 5,655m of diamond drilling in 30 holes, a 6,696 line km helicopter-borne geophysical survey, 61.7 Read More

  • McEwen Mining Provides Update on NYSE Listing

    TORONTO, Nov. 25, 2015 (GLOBE NEWSWIRE) -- McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) would like to update investors on our plans to regain compliance with the New York Stock Exchange (NYSE) minimum share price requirement. The NYSE stipulates that the average closing price of a listed company's stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was advised on July Read More

  • Drill Hole Assay Intervals Including 18.35% Zinc Over 108 Feet and 7.81% Zinc Over 70 Feet Found in Historic Data

    Toronto, Ontario--(Newsfile Corp. - November 25, 2015) - Nevada Zinc Corporation (TSXV: NZN) ("Nevada Zinc" or the "Company") is pleased to announce that it has secured significant exploration data from exploration and mining work carried out at its recently acquired Mountain View Mine ("MVM") and the surrounding area, in some cases dating back more than 70 years. The recently acquired data which came from two separate sources significantly Read More

  • Endeavour Silver Announces At-the-Market Offering of Up to US $16.5 Million

    VANCOUVER, BC--(Marketwired - November 25, 2015) - Endeavour Silver Corp. (NYSE: EXK) (TSX: EDR) (the "Company" or "Endeavour") is pleased to announce it has entered into a sales agreement dated November 25, 2015 (the "Sales Agreement") with Cowen and Company, LLC ("Cowen"), pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through Cowen, as agent or principal, Read More

  • Goldbelt Empires Limited Announces Airborne Survey Over South Morila Concession Area

    CALGARY, ALBERTA--(Marketwired - Nov. 25, 2015) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Goldbelt Empires Limited (TSX VENTURE:GBE) (the "Company" or "Goldbelt Empires") announced today it has commissioned an airborne survey over its flagship property, the South Morila gold concession in Mali, West Africa. New Resolution Geophysics ("NRG") will conduct the airborne magnetic and Read More

  • GobiMin Announces Third Quarter 2015 Results

    TORONTO, Nov. 25, 2015 /CNW/ - (TSXV: GMN) GobiMin Inc. ("GobiMin" or the "Company") reports its financial and operating results for the third quarter of 2015. The unaudited interim consolidated financial statements along with management's discussion and analysis have been filed with SEDAR ( and are also available at the website of the Company ( Financial Highlights 3 months ended September 30 12 months ended 2015 2014 Read More

  • KWG Resources Inc.: Ontario Court of Appeal Reserves Decision Following Hearing of Canada Chrome Corporation Appeal

    TORONTO, ONTARIO--(Marketwired - Nov. 25, 2015) - A three judge panel of the Ontario Court of Appeal has reserved its decision following arguments presented today by Noront Resources Ltd. and the Attorney General of Ontario to the appeal of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) ("KWG") subsidiary Canada Chrome Corporation. The Court of Appeal had previously on January 27, 2015 issued an Order granting leave to appeal the decision of Read More

  • Everton Reports on Hecla Quebec's Progress on the Opinaca B Gold Property, James Bay Region, Quebec

    OTTAWA, ONTARIO--(Marketwired - Nov. 25, 2015) - Everton Resources Inc. ("Everton" or the "Company") (TSX VENTURE:EVR)(FRANKFURT:ERV) is pleased to report that Hecla Quebec Inc. ("Hecla"), a wholly owned subsidiary of Hecla Mining Company, has renewed its option to earn up to 60% interest on the Opinaca B Property in the immediate vicinity of Goldcorp's Éléonore gold mine in the James Bay region. On the Opinaca B Property, Hecla Read More

  • Atna Resources Ltd. To Be Delisted From TSX

    GOLDEN, Colo., Nov. 25, 2015 /CNW/ -- Atna Resources Ltd. (TSX: ATN and OTCQB: ATNAF) (the "Company" or "Atna") today announces that as a result of the commencement of proceedings under chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Colorado ("the Bankruptcy Court"), and ancillary recognition proceedings in Canada pursuant to the Companies' Creditors Arrangement Act, it fails to Read More

  • Ground-Breaking of B2Gold Corp.'s Fekola Project, Mali

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - B2Gold Corp. (TSX:BTO)(NYSE MKT:BTG)(NAMIBIAN:B2G) ("B2Gold" or the "Company"), is pleased to report that the official ground-breaking of the Fekola Project took place at its Fekola site yesterday. The event was officiated by Robert Diarra, Chief of Staff of the Ministry of Mines, and well attended by national and regional government representatives as well as community leaders. Initial construction activities at Read More

  • Royal Road Minerals Announces Sale of Turkish Subsidiary and Resignation of Director

    Toronto, Ontario--(Newsfile Corp. - November 25, 2015) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company"), a gold focused mineral exploration and development company, announces that it has entered into an agreement (the "Purchase Agreement") with Ravello Investment Group Limited. ("RIG"), pursuant to which the Company agreed to sell and RIG agreed to purchase, all of the issued share capital of Tigris Eurasia Madencilik Read More

  • Falco Announces Election of Directors, Appointment of Lead Director and Granting of Stock Options

    MONTREAL, QC--(Marketwired - November 25, 2015) - Falco Resources Ltd. (TSX VENTURE: FPC) ("Falco" or the "Company") announces that the seven (7) nominees listed in the management information circular dated October 27, 2015, were elected as directors of Falco. Detailed results of the vote for the election of directors held at the annual meeting of shareholders on November 24, 2015 are set out below. Nominee Votes For % For Read More

  • Jaguar Reports Q3 2015 Operating and Financial Results including Cash Operating Costs of $497/oz at Turmalina

    TORONTO, Nov. 25, 2015 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (JAG:TSX-V) today announced its operational and financial results for the third quarter ended September 30, 2015. Q3 2015 FINANCIAL & OPERATING HIGHLIGHTS ($ thousands, except where indicated) For the three months endedSeptember 30, For the nine months endedSeptember 30, 2015 2014 2015 2014 Financial Data Revenue $ 28,126 $ 29,015 $ 79,692 $ 90,596 Cost of sales 21,146 30,040 Read More

  • Midland Announces Start of Ground Geophysics Near the Destor-Porcupine Fault on Patris Gold Project

    MONTREAL, QUEBEC--(Marketwired - Nov. 25, 2015) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the beginning of a ground geophysics program consisting of an induced polarization ("IP") and ground magnetic ("Mag") survey on the Patris gold project located along splays of the prolific Destor-Porcupine fault zone. The Patris gold property is wholly owned by Midland and is currently under option to Teck Resources Limited ("Teck") Read More

  • Erin Ventures Announces Additional Piskanja Boron Project Assay Results

    Victoria, British Columbia (FSCwire) - Erin Ventures Inc. [TSXV: EV] has received assay results for two additional drill holes (Hole # EV146 and EV147) from its Piskanja boron project in Serbia, with the results meeting management’s expectations. Piskanja is a high-grade boron deposit with a NI 43-101 compliant mineral resource of 5.6 million indicated tonnes (averaging 30.8% B2O3), and 6.2 million inferred tonnes (averaging 28.8% B2O3). Highlights of Read More

  • Sabina Gold & Silver Corp Completes $2.2 Million Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Sabina Gold & Silver Corp. (TSX:SBB) ("Sabina") announced today the completion of the previously announced non-brokered private placement. The placement was for 2,857,142 flow-through common shares at $0.77 per share for gross proceeds of approximately $2.2 million. "We are excited about the results of this Read More

  • Avrupa Reports Final Slivovo Results for 2015

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - Avrupa Minerals Ltd. (TSX VENTURE:AVU) (FRANKFURT:8AM) is pleased to report results from the last of the Phase 3 drill holes for 2015 on the Slivovo Project in Kosovo. The project is operated by Avrupa, and funded by partner, Byrnecut International Ltd. (BIL). BIL has now spent EUR 2 million (approximately C$ 2.8 million) at Slivovo and has completed 75% earn-in Read More

  • Panoro Minerals Announces Interim CFO

    VANCOUVER, British Columbia, Nov. 25, 2015 (GLOBE NEWSWIRE) -- Panoro Minerals Ltd. (TSXV:PML) (Lima:PML) (Frankfurt:PZM) ("Panoro", the "Company") announces that Mr. William Boden, CPA, CA, Chairman of the Board, will take over as interim CFO until a permanent replacement can be hired. Mr. Boden will work with Panoro's accounting and financial staff in Vancouver and Lima. Ms. Kathryn Johnson will be leaving to pursue other opportunities. The Read More

  • Emerita Provides Update on the Aznalcollar Project Public Tender

    TORONTO, ONTARIO--(Marketwired - Nov. 25, 2015) - Emerita Resources Corp. (TSX VENTURE:EMO) (the "Company" or "Emerita") announces that the Court of Seville has issued a resolution to the recent investigation regarding the public tender process to award the mining rights to the Aznalcollar mine. Judge Patricia Fernandez has stated that although there is not sufficient evidence to prove beyond a doubt the existence of a criminal act, the Read More

  • Indico Announces Results of 2015 Annual General and Special Meeting of Shareholders

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE:IDI) is pleased to announce that all formal business as set out in the Company's information circular of its annual general and special meeting held on November 24, 2015 (the "Meeting") was tabled and approved. All of the proposed nominees were re-elected as directors of Indico to serve until the next annual Read More

  • Noble Announces Results of 2015 AGM

    Toronto, Ontario / TheNewswire / November 25, 2015 - Noble Mineral Exploration Inc. (the "Company", "Noble" or "NOB") (TSX-V:NOB, FRANKFURT: NB7, OTC.PK:NLPXF) is pleased to announce the results of the 2015 Annual General and Special Meeting of shareholders held on October 30, 2015 in Toronto. At that meeting, the shareholders approved: 1.the election of the directors proposed by management of the Company, namely J. Birks Bovaird, Yvan Champagne, Gordon Read More

  • Erin Ventures Announces Proposed Private Placement

    Victoria, British Columbia (FSCwire) - Erin Ventures Inc. ("Erin") [TSXV: EV] announces that, subject to the approval of the TSX Venture Exchange (the “TSXV”), it intends to complete a non-brokered private placement offering of up to 8,500,000 units (“Units”) at a price of $0.06 per Unit for gross proceeds of up to $510,000 (the “Private Placement”). Each Unit is comprised of one (1) common share (“Common Share”) Read More

  • Focus Graphite Reports Zero Loss in Lithium-Ion Battery Capacity in Long-term Cycling Performance Testing of its Lac Knife High Purity Coated Spherical Flake Graphite

    OTTAWA, ONTARIO--(Marketwired - Nov. 25, 2015) - Focus Graphite Inc. (TSX VENTURE:FMS) (OTCQX:FCSMF) (FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce excellent results from independent laboratory tests conducted to compare the long term cycling performance of Lac Knife surface coated spherical crystalline fine flake graphite with two commercial grades of coated crystalline flake graphite in the anodes of CR2016 coin cells. The results presented are a follow Read More

  • Crystal Closes Diamond Projects Acquisiton

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - CRYSTAL EXPLORATION INC. (the "Company" and "Crystal") (TSX VENTURE:CEI) is pleased to announce closing of the diamond projects acquisition announced on May 6, 2015. The Property(s) specific to diamonds are within the highly prospective northern portion of the Slave Structural Province of the Canadian Shield. Historical work over the Prospecting Permits contain: (1) diamond bearing kimberlites and kimberlite dykes; (2) Read More

  • Coronet Metals Announces Proposed Shares-For-Debt Transactions and Share Consolidation

    Vancouver, British Columbia--(Newsfile Corp. - November 25, 2015) - Coronet Metals Inc. (TSXV: CRF) (FWB: 2CM) (OTCQX: CORMF) ("Coronet" or the "Company") wishes to announce that the TSX Venture Exchange (the "Exchange") has approved the Company's application for a consolidation of its issued and outstanding common shares on the basis of one new common share for every three common shares currently issued and outstanding (the "Consolidation"), as approved Read More

  • Buffalo Coal Corp.: Proposed Capital Raising Transactions

    TORONTO, ONTARIO--(Marketwired - Nov. 25, 2015) - 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 Buffalo Coal Corp. (TSX:BUF)(JSE:BUC) ("Buffalo" or "the Company") advises shareholders that the Company proposes to secure additional funding from Investec Bank Limited ("Investec") and Resource Capital Fund V L.P. ("RCF"). As shareholders Read More

  • Westwood mine to reopen level 104 mining block

    TORONTO, Nov. 25, 2015 /CNW/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") confirms that following the conclusions of expert assessments of the seismic event on May 26, 2015, the Commission de la Santé et de la Sécurité au travail (CSST), which is Quebec's occupational health and safety commission, has authorized the start of remediation and recovery work in the level 104 mining block. Five experts in rock Read More

  • X-Terra completes a private placement

    ROUYN-NORANDA, QC, Nov. 25, 2015 /CNW Telbec/ - X-Terra Resources Inc. (TSXV: XTT) is pleased to announces that it has completed a non-brokered private placement by issuing 3,400,000 units at a price of $0.05 per unit for gross proceeds to X-Terra Resources of $170,000. Each of the 3,400,000 units is comprised of one common share and one half of a common share purchase warrant. Each whole warrant Read More

  • Altiplano Announces Change in Fiscal Year End

    Vancouver, British Columbia--(Newsfile Corp. - November 25, 2015) - Altiplano Minerals Ltd. (TSXV: APN) ("APN" or the "Company") announces that its board of directors has resolved to change the Company's fiscal year end from September 30 to December 31 effective immediately, to facilitate efficiencies in the administration, accounting and production of the annual audited financial statements. For details regarding the length and ending dates of the financial periods, Read More

  • enCore Energy Corp. Enters Definitive Agreement with Energy Fuels Inc.

    Vancouver, British Columbia (FSCwire) - enCore Energy Corp. (TSX-V: EU) (“enCore” or the “Company”) is pleased to announce that on November 20th, 2015 it entered into a comprehensive asset purchase agreement (“Agreement”) with Energy Fuels Inc. and its subsidiaries ("Energy Fuels"), (NYSE MKT:UUUU)(TSX:EFR) to acquire a Toll Milling processing right and 100% interest in the Marquez and Nose Rock projects in New Mexico, the Moonshine Springs project Read More

  • Energy Fuels Sells Non-Core Uranium Assets to enCore Energy

    LAKEWOOD, CO, Nov. 25, 2015 /CNW/ - Energy Fuels Inc. (NYSE MKT:UUUU; TSX:EFR) ("Energy Fuels" or the "Company") is pleased to announce that it has entered into a definitive agreement to sell a package of non-core uranium assets to enCore Energy Corp. (TSX.V:UE) ("enCore") and Tigris Uranium U.S. Corp., including unpatented mining claims and leases known as the Marquez and Nose Rock projects in New Mexico, the Read More

  • Lydian International Files NI 43-101 Technical Report for Amulsar Value Engineering and Optimization Study Demonstrating Initial Capital and Operating Cost Reductions

    TORONTO, ONTARIO--(Marketwired - Nov. 25, 2015) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that a National Instrument 43-101 Technical Report (the "Q4 2015 Technical Report") for its 100%-owned Amulsar Gold Project in south-central Armenia has been filed on SEDAR ( Results of the study demonstrate that initial capital costs will be reduced to $370 million. Operating cost improvements will also be realized, Read More

  • Azimut reports on Hecla Quebec's progress on the Opinaca B gold property, James Bay region

    LONGUEUIL, QC, Nov. 25, 2015 /CNW Telbec/ - Azimut Exploration Inc. ("Azimut" or "the Company") (TSXV: AZM) is pleased to report that Hecla Quebec Inc. ("Hecla"), a wholly owned subsidiary of Hecla Mining Company (NYSE-HL), has renewed its option to earn up to 60% interest on the Opinaca B Property in the immediate vicinity of Goldcorp's Éléonore gold mine in the James Bay region. On the Opinaca Read More

  • Magellan Closes $355,000 Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 25, 2015) - Magellan Minerals Ltd. (TSX VENTURE:MNM) ("Magellan") is pleased to announce that it has completed a non-brokered private placement financing of 7,100,000 units (the "Units") of the Company at a price of $0.05 per Unit, for gross proceeds of $355,000. Each Unit consists of one common share and one non-transferable share purchase warrant. Each warrant is exercisable into one additional common Read More

  • Capstone Mining to Attend Upcoming Investor Conferences

    VANCOUVER, Nov. 25, 2015 /CNW/ - Capstone Mining Corp. ("Capstone") (TSX: CS) today announced that management will attend the following investor conferences: Scotiabank Mining Conference in Toronto, Ontario. Darren Pylot, President and CEO will be speaking on Wednesday, December 2, 2015 at 1:50 p.m. EST. Desjardins Securities Materials Conference in Montreal, Quebec. Jim Slattery, Senior Vice President and CFO will be attending on Wednesday, December 9, 2015. Read More

  • Algold Provides an Update on Mauritania Exploration

    Montreal, Canada / TheNewswire / November 25, 2015 - ALGOLD RESOURCES LTD. (ALG: TSXV - the "Corporation") provides an update on its Q3-Q4 2015 exploration program currently underway on both the Kneivissat and Legouessi properties in Mauritania. Algold has just completed its 72 line kilometer IP geophysical survey as well as a 75 line kilometer ground magnetic survey over parts of its Legouessi and Kneivissat properties. Concurrently with the geophysical Read More

  • Thermal Fragmentation: Nippon ratifies exclusive licensing agreement to include Canada

    Brossard (Quebec) / TheNewswire / November 25, 2015 - Nippon Dragon Resources Inc. (the "Corporation" or "Nippon") (TSX-V Symbol: NIP), is pleased to announce that it has ratified its exclusive agreement with mining contractor, Don Bourgeois and Sons Inc. for usage and distribution of Nippon's exclusive and patented thermal fragmentation mining method. The agreement has been ratified and now includes all of Canada Both parties will have similar responsibilities Read More

  • Global Cobalt Obtains Final Order for Plan of Arrangement & Spin-Out of Global Energy Metals

    VANCOUVER, BC / THE NEWSWIRE / NOVEMBER 25, 2015 / GLOBAL COBALT CORP. (TSXV:GCO, OTCBB:GLBCF, FRA:3P0) ("Global Cobalt" and/or the "Company") is pleased to announce that the Supreme Court of British Columbia has granted a final order (the "Final Order") approving the previously announced plan of arrangement (the "Arrangement") involving Global Cobalt, Imperial Mining Holding Ltd., and Global Energy Metals. The granting of the Final Order was a condition Read More

  • New Carolin Gold Clarifies Dsiclosure

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  • 1

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

Copyright (c) 2015 TheNewswire - All rights reserved.


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Goldrich Mining Company

Exchange/Ticker: OTCQB: GRMC
Main Asset: Chandalar Gold District
Operating Region: U.S./Alaska
Profile: Goldrich Mining is a U.S. based resource company focused on developing the historic Chandalar gold district in the Ambler Schist belt of central Alaska. Goldrich controls a land package that covers over 22,000 acres of prospective targets and historic mines. The Company is building shareholder value by monetizing placer assets, generating non-dilutive funds, and conducting district-scale exploration... VIEW FULL PROFILE