ALL NEWS RELEASES

  • Cypress Reports 95% Recovery of Lithium From Leach Test of Surface Claystones at Clayton Valley Project, Nevada Using a Weak Acid Assay Method

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 25, 2016) - Cypress Development Corp. (TSX VENTURE:CYP)(OTCBB:CYDVF)(FRANKFURT:C1Z1) ("Cypress" or the "Company") is pleased to announce, further to its news release of April 12th, the Company has received assay results showing the feasibility of extracting lithium directly from the surface claystones without the need for roasting or other costly and complex treatments at the Company's 1520 acre Clayton Valley Project located in Esmeralda Read More

  • Sulliden announces updated mineral resource estimate for the Troilus gold project

    TORONTO, May 25, 2016 /CNW/ - Sulliden Mining Capital Inc. ("Sulliden" or the "Company") (TSX: SMC) is pleased to announce the completion of a mineral resource estimate for the past-producing Troilus Mine, located in the Abitibi mining region of Quebec, Canada. The mineral resource estimate, completed by Roscoe Postle Associates Inc. ("RPA"), is based on high quality historical drill data and was generated with a focus on Read More

  • Wallbridge Mining Enters Into Agreement to Acquire Fenelon Gold Project in Quebec

    TORONTO, May 25, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") is pleased to announce that it has entered into a binding Letter of Intent ("LOI") dated May 24, 2016 (the "Agreement Date") to acquire 100% of the Fenelon Gold Property ("Fenelon Mine Property") from Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) ("Balmoral") for a purchase price of $3.6 M. The Fenelon Mine Property is Read More

  • Dynacor Completes Construction of its New US$ 15-Million Ore Processing Plant and Begins the Commissioning Process

    MONTREAL, QUEBEC--(Marketwired - May 25, 2016) - Dynacor Gold Mines Inc. (TSX:DNG)(OTC:DNGDF) (Dynacor or the Corporation) is pleased to announce that it has completed the construction of its new 300-tpd Veta Dorada ore processing plant and has begun the commissioning process. The Veta Dorada plant is located in Chala (southern Peru) in the heart of a major gold producing region of Peru. The commissioning process will involve the Read More

  • Balmoral Enters Into Agreement to Receive Minimum $3.6 Million Through Sale of Non-Core Asset

    VANCOUVER, BC--(Marketwired - May 25, 2016) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR) (OTCQX: BALMF) today reported the Company has entered into a Letter of Intent (the "LOI") to sell its interest in the Discovery Zone Property (the "Property"), a 10.5 square kilometre subdivision of the current, larger Fenelon Property, to Wallbridge Mining Company Limited ("Wallbridge") (TSX: WM). The Fenelon Property forms part of Balmoral's Read More

  • Avalon continues to advance metallurgical work on the Separation Rapids Lithium Project, Kenora, Ontario

    Toronto, Ontario--(Newsfile Corp. - May 25, 2016) - Avalon Advance Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to provide an update on the 2016 work program on its 100% owned Separation Rapids Lithium Project, near Kenora, Ontario. Since the last update (provided in the News Release dated April 5, 2016), the Company has initiated its lithium hydrometallurgical process development work at the facilities Read More

  • Purepoint Uranium Group Inc. Hook Lake JV Partners Budget for Additional Drilling

    TORONTO, ONTARIO--(Marketwired - May 25, 2016) - Purepoint Uranium Group Inc. (TSX:PTU) today announced that the Hook Lake JV partners have reallocated funds for continued drilling at the Spitfire Zone this year. The Hook Lake JV project is owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). Current uranium exploration is targeting the Patterson Lake Corridor, the same conductive trend Read More

  • Avarone Completes Initial 20 Hole Work Program on its Moab Lithium Brine Project

    Vancouver, B.C. / TheNewswire / MAY 25, 2016 - Avarone Metals Inc. (CSE: AVM) (Frankfurt: W2U1; WKN: A14SVX) (the "Company" or "Avarone") is pleased to announce that it has successfully completed an initial subsurface short auger hole program to test brine sediments on its 100% owned Moab lithium project in the Big Smoky Valley, Nevada. The geological team conducted a sediment-sampling program, which was completed by hand to test Read More

  • Northern Vertex Announces Convertible Debenture Non-Brokered Private Placement Financing of $7.5 Million

    VANCOUVER, May 25, 2016 /CNW/ - Northern Vertex Mining Corp. (TSX.V: NEE) (the "Company") is pleased to announce a Non-Brokered Private Placement (the "Private Placement") of unsecured convertible debentures ("Debenture") for gross proceeds of up to Cdn$7,500,000. The proceeds from the Debenture issuance will be used for the advancement of the Company's Moss Mine Gold-Silver property located in Mohave County, NW Arizona, USA and general corporate purposes. Read More

  • Redhawk Provides Update on Copper Creek Joint Venture

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 25, 2016) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX:RDK)(FRANKFURT:QF7) is pleased to provide an update on the Copper Creek joint venture with Anglo American (the "Joint Venture"). The Joint Venture currently funded by Anglo American is approximately half way through the US$4,000,000 (CDN$5,125,000) work program for 2016. The work completed included one exploration drill hole to the northwest of the American Read More

  • Pasinex Resources Announces Non-Brokered Private Placement; Appoints John Barry as Qualified Person

    TORONTO, ONTARIO--(Marketwired - May 25, 2016) - Pasinex Resources Ltd. (CSE:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced a non-brokered private placement (the "Private Placement") of up to 6,000,000 units (the "Units") at a subscription price of $0.05 per Unit to eligible subscribers for gross proceeds of approximately $300,000. Pasinex also announced the appointment of John Barry, EurGeol & P.Geo as the Qualified Person effective immediately. Each Unit consists Read More

  • Jaguar Files NI-43-101 Technical Report for Turmalina Mine, Brazil

    TORONTO, May 25, 2016 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") (TSX-V: JAG) reports that it has filed on SEDAR (www.sedar.com), an independent National Instrument 43-101 ("NI 43-101") "Technical Report on the Turmalina Mine, Minas Gerais State, Brazil" (the "Technical Report"). The Technical Report supports the Company's updated Mineral Reserves and Mineral Resources announced in a news release dated April 6, 2016. The Technical Report Read More

  • Rambler Metals & Mining PLC: Third Quarter FY2016 Production Results

    BAIE VERTE, NEWFOUNDLAND--(Marketwired - May 25, 2016) - Rambler Metals & Mining PLC (TSX VENTURE: RAB) (LSE: RMM) London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today provides an operational update for its third quarter ended 30 April 2016 ('Q3/16'). The quarter showed Read More

  • New Millennium Iron Corp. Announces Appointment of New Chair of the Board

    CALGARY, ALBERTA--(Marketwired - May 25, 2016) - New Millennium Iron Corp. ("NML" or the "Company") (TSX:NML) announced today the appointment Mr. Howard Lutley as Non-Executive Chair of the Board of Directors, effective immediately. Mr. Lutley joined NML's Board in November 2015 and succeeds Mr. Lee C. G. Nichols, a co-founder of NML, Director and Chair since August 2003. Mr. Nichols will remain as a Director while NML continues Read More

  • Integra Gold Announces Exercise of All Outstanding Warrants

    VANCOUVER, BC--(Marketwired - May 25, 2016) - Integra Gold Corp. (TSX VENTURE: ICG) (OTCQX: ICGQF), ("Integra" or the "Company") is pleased to announce that as of May 24, 2016 all outstanding warrants have been exercised. A total of 39,939,799 warrants were exercised at prices ranging from $0.26 to $0.30, representing total cash proceeds to the Company of $11,833,368. Of this total, 37,396,538 warrants, representing total cash proceeds of Read More

  • GobiMin Announces First Quarter 2016 Results

    TORONTO, May 25, 2016 /CNW/ - (TSXV: GMN) GobiMin Inc. ("GobiMin" or the "Company") reports its financial and operating results for the first quarter of 2016. The unaudited interim consolidated financial statements along with management's discussion and analysis have been filed with SEDAR (www.sedar.com) and are also available at the website of the Company (www.gobimin.com). Financial Highlights 3 months ended March 31 12 months ended 2016 2015 Read More

  • Asiamet Strengthens Finances and Initiates BKM Feasibility Study

    Vancouver, British Columbia (FSCwire) - Asiamet Resources Limited ("ARS" or the “Company”) is pleased to announce that it has commenced a Resource definition drilling program at the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia as part of the BKM Feasibility Studies. The Company plans to drill approximately 110 diamond drill holes totaling 9,000 meters to significantly enhance Resource confidence and upgrade a majority of Read More

  • Margaux Resources Announces Private Placement Offering, Engagement of PBG Geoscience for Lead-Zinc Exploration on Jersey-Emerald Property and Granting Of Stock Options

    CALGARY, ALBERTA--(Marketwired - May 25, 2016) - Not for distribution to U.S. newswire services or for dissemination in the United States of America. Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux" or the "Company") is pleased to announce that, subject to regulatory approvals, it intends to issue up to 625,000 units ("Units") of the Company at a price of $0.20 per Unit for aggregate gross proceeds of up to $125,000 Read More

  • Great Lakes Graphite Reports Progress on Sales, Marketing and Operations

    TORONTO, ONTARIO--(Marketwired - May 25, 2016) - Great Lakes Graphite Inc. ("GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) today announces that the Company has recently completed end-to-end commercial transactions from order to delivery with two local customers, marking completion of a key initial step in the transition of the company towards becoming a commercial enterprise. Each of the customers has ordered and received material that will be used Read More

  • Nemaska Lithium Receives First $5M Tranche from Ressources Quebec Inc. for Phase 1 Lithium Hydroxide Plant

    QUÉBEC CITY, QUÉBEC--(Marketwired - May 24, 2016) - Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it has received the first $5M tranche from Ressources Québec Inc., a subsidiary of Investissement Québec,, acting as a mandatary for the government of Québec. The private placement with Ressources Québec totalling $10M was announced on March 11, 2016 and was held in escrow until the Read More

  • Highest Grade Hole at Christie Lake Project -- 9.3% U3O8 over 9.8 m

    VANCOUVER, BC--(Marketwired - May 24, 2016) - UEX Corporation (TSX: UEX) (OTC PINK: UEXCF) (FRANKFURT: UXO) ("UEX" or the "Company") is pleased to report the chemical assay results of the first three drill holes of 2016 completed this winter on the Christie Lake Project (the "Project") (see Figure 1) where a $2.75 million drill program is scheduled to recommence in the first week of June. The Project is Read More

  • American Lithium Acquires 7,110 Acres over 2 Projects - Increases Nevada Lithium Brine Portfolio to over 20,000 Acres

    VANCOUVER, May 24, 2016 /CNW/ - American Lithium Corp. (TSXV: Li) ("American Lithium" or the "Company"), is pleased to announce that it has entered into an agreement to acquire all of the outstanding share capital of 1067323 B.C. Ltd. ("1067323"), an arm's-length privately-held British Columbia based mineral exploration company. At the closing of the acquisition, the Company's total Nevada lithium brine portfolio will increase to 20,790 acres Read More

  • AQM Copper Releases Positive Results From Preliminary Feasibility Study of the Zafranal Copper Project in Peru

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - AQM Copper Inc. (TSX VENTURE:AQM)(BVL:AQM) ("AQM" or the "Company") is pleased to announce the completion of a positive, independent Preliminary Feasibility Study ("PFS") of the Company's Zafranal Project ("Project") located in the southern Peru porphyry copper belt. The Zafranal Copper Project is owned by Compañia Minera Zafranal S.A.C. ("CMZ"), a joint venture company that is beneficially owned by AQM, Teck Read More

  • Seabridge Gold’s 2016 Drill Program Targets Further Deep Kerr Expansion

    TORONTO, May 24, 2016 (GLOBE NEWSWIRE) -- Seabridge Gold (TSX:SEA) (NYSE:SA) today outlined its 2016 exploration plans at its 100%-owned KSM Project in northwestern British Columbia. The program calls for 10,000 meters of core drilling designed to expand by as much as 800 meters the block cave shapes that confine the current resource estimate. Drilling is planned to begin by mid-June following a winter of relatively light Read More

  • Royal Gold Announces Third Quarter Dividend

    DENVER--(BUSINESS WIRE)--Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (“Royal Gold” or the “Company”), today announced that its Board of Directors has declared its third quarter dividend of US$0.23 per share of common stock. The dividend is payable on July 15, 2016, to shareholders of record at the close of business on July 1, 2016. Royal Gold is a precious metals royalty and stream company engaged in Read More

  • Sierra Metals Provides Exploration Update for the Esperanza Zone, Yauricocha mine Peru - Mineralized Zone Extended to the South and at Depth

    TORONTO, May 24, 2016 /CNW/ - Sierra Metals Inc. (TSX: SMT) (BVL: SMT) ("Sierra Metals" or "the Company") today announced the release of drill results for the Esperanza zone at its Yauricocha mine in Peru (drill results from January 1, 2016 to May 19, 2016). This news release is a follow-up to the initial news release dated January 28, 2016 which announced the discovery of the "Esperanza" Read More

  • Hecla Mining to Acquire Mines Management

    COEUR D’ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) (Hecla) and Mines Management, Inc. (NYSE MKT:MGN, TSX: MGT) (Mines Management) today announced a merger agreement with Hecla acquiring Mines Management. In the proposed merger, each outstanding common share1 of Mines Management will be exchanged for 0.2218 of a common share of Hecla. This represents a 41% premium to Mines Management, using both companies’ 10 day VWAP (Volume Weighted Read More

  • Kirkland Lake Gold Reports Exploration Results From Underground Drilling on the SMC and Initial Results Testing a New Zone on the '04 Break

    TORONTO, ONTARIO--(Marketwired - May 24, 2016) - Kirkland Lake Gold Inc., ("Kirkland Lake Gold" or the "Company") (TSX:KGI), an intermediate gold producer with operations in Ontario, Canada, is pleased to report results from underground exploration drilling programs on the South Mine Complex ("SMC") and the '04 Break. The SMC drilling was focused on the South Claims (formerly a part of the Queenston Mining Joint Venture property) which are Read More

  • Victoria Confirms High Grade Mineralization Between the Olive and Shamrock Zones Including 26.5m at 2.1 g/t Gold

    TORONTO, ON--(Marketwired - May 24, 2016) - Victoria Gold Corp. (TSX VENTURE: VIT) "Victoria" or the "Company" is pleased to announce the 3rd set of results from the 2016 Olive-Shamrock diamond drilling program. The results from the latest assays received confirm the continuation of gold mineralization between Olive and Shamrock and validate the exploration model currently testing the near surface, high grade material in the Olive-Shamrock Shear Zone. Read More

  • Pilot Gold - RC/Core Drill Results, Goldstrike Oxide Gold Project - Utah

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce additional drill results from six Reverse Circulation (RC) and one diamond core hole at the 100% controlled Goldstrike Oxide Gold Project in southwestern Utah. The primary target is Carlin-style shallow, oxide gold mineralization on the 7 km long, 2 km-wide "Historic Mine Trend", between and down-dip to Read More

  • Rio Tinto Senior management changes

    Rio Tinto has appointed Stephen McIntosh as the acting Group executive, Technology & Innovation to succeed Greg Lilleyman, who will leave the company after 25 years of service. Stephen has been with Rio Tinto for almost 30 years working on projects in more than 45 countries spanning the A-Z of minerals and metals. Most recently, he was head of Exploration, leading a 450-strong global team of Read More

  • Boliden Signs EUR 1,390 Million Credit Agreements

    BOLIDEN, Sweden--(BUSINESS WIRE)--Regulatory News: Boliden (STO:BOL) (TSX:BLS), in partnership with 11 banks, has signed a syndicated revolving credit facility agreement of EUR 770 million. The agreement comprises two facilities: one of EUR 362 million with a term of 3 years which replaces an existing facility of EUR 400 million that matures in 2017, and one of EUR 408 million with a term of 5 years which Read More

  • Sarama Resources Acquires the Bondi Gold Deposit in Burkina Faso From Orezone Gold

    VANCOUVER, BC--(Marketwired - May 24, 2016) - Sarama Resources Ltd. ("Sarama" or the "Company") (TSX VENTURE: SWA) is pleased to announce that it has signed a binding Heads of Agreement with Orezone Gold Corporation ("Orezone") for the Company to acquire the Bondi gold deposit ("Bondi"). Bondi is 100% owned by Orezone and is located immediately adjacent to Sarama's South Houndé Project in south-western Burkina Faso. The deposit has Read More

  • Erdene Continues to Intersect Significant Gold Mineralization at Bayan Khundii With 7 Metres of 4.7 g/t Gold Within a 70 Metre Zone of 1.1 g/t Gold

    HALIFAX, NOVA SCOTIA--(Marketwired - May 24, 2016) - Note to editors: There are three maps associated with this press release. Erdene Resource Development Corp. (TSX:ERD) ("Erdene" or "Company"), is pleased to announce additional results from follow-up drilling on the recent high-grade discovery at the Company's 100%-owned Bayan Khundii Gold Project ("Bayan Khundii") in southwest Mongolia. Today's results are for the second batch of drill results (9 holes; 835 Read More

  • Scorpio Gold Reports Results from 2016 Exploration Drilling at the Paris Target Area, Mineral Ridge Project, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) reports results from the 2016 exploration drilling program on the Paris target at its 70% owned Mineral Ridge project, located in Nevada. The Paris target is a previously undrilled area located NNW of the Solberry deposit. It was targeted as one of several possible northwest strike extensions of the Drinkwater Read More

  • Orex Continues to Hit Silver on the Sandra Escobar Project in Durango, Mexico, Including an Intercept of 46 Metres Grading 218 g/t Silver

    VANCOUVER, May 24, 2016 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that the Phase-II diamond drilling program continues to intercept silver mineralization on the Sandra Escobar Project in Durango, Mexico. Assays for eight more drill holes are now available. These include holes SA-16-023 to SA-16-030 in the southeastern region of the project. The Sandra Escobar Project is being advanced by Orex under Read More

  • Kinross Gold: Unionized Employees Strike at Tasiast Mine

    TORONTO, ON--(Marketwired - May 24, 2016) - Following a strike notice by Tasiast unions previously announced on May 10, 2016, unionized employees at Kinross Gold's Tasiast mine in Mauritania have today initiated strike action. The Company remains open to re-commencing negotiations on a new collective agreement and to resolve other outstanding items with union representatives. The Company does not expect the strike to affect development of the Tasiast Read More

  • Stria Lithium's Pontax Project Achieves Initial Results of 6.3% Li2O From Spodumene Concentrate With an 85% Overall Recovery After Metallurgical Testing

    OTTAWA, ONTARIO--(Marketwired - May 24, 2016) - Stria Lithium Inc. (TSX VENTURE:SRA) ("Stria" or the "Company") is pleased to report metallurgical test results from bulk samples extracted from its wholly owned Pontax lithium project in Northern Quebec. Stria President and Chief Operating Officer Iain Todd said the testing produced a surprisingly favourable result supporting the Company's decision to continue its investigation and exploration of the Pontax property. 'These Read More

  • Saint Jean Carbon Signs Definitive Agreement on Bell Graphite Mine

    OAKVILLE, ONTARIO--(Marketwired - May 24, 2016) - Saint Jean Carbon Inc. ("Saint Jean" or the "Company") (TSX VENTURE:SJL), a carbon science company engaged in the development of natural graphite properties and related carbon products, is pleased to announce that the Company has signed an arm's length definitive agreement to acquire the Bell hydrothermal lump/vein graphite mine. The property comprises of 13 claims for a total area of 781 Read More

  • Atico Reports Consolidated Financial Results for the First Quarter of 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Atico Mining Corporation (the "Company" or "Atico") (TSX VENTURE:ATY)(OTC PINK:ATCMF) today announced its financial results for the three months ended March 31, 2016, posting a net income of $1.97 million. Fernando E. Ganoza, CEO, commented, "We have had a strong beginning of the year with record production and positive financial results. In the first quarter we saw sustainable growth in Read More

  • Arianne Phosphate reports Q1 2016 financial results

    SAGUENAY, QC, May 24, 2016 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, reported its first quarter financial results for the three-month period ended March 31, 2016. All amounts are in Canadian dollars unless noted. Q1 Financial and Operational Highlights Appointed Jean Lamarre to the Read More

  • Namibia Rare Earths Announces Results from Shareholders Meeting

    HALIFAX, May 24, 2016 /CNW/ - Namibia Rare Earths Inc. ("Namibia Rare Earths" or the "Company") (TSX: NRE) is pleased to announce that the shareholders voted in favour of all items of business before the Annual Meeting of the Shareholders held in Halifax, Nova Scotia today. Shareholders holding 70.27% of the outstanding shares of the Company were present in person or by proxy at the meeting. Election Read More

  • Fjordland Options Athabasca Basin Claims With Potential Kimberlite Targets, from CanAlaska

    Vancouver, British Columbia--(Newsfile Corp. - May 24, 2016) - Fjordland Exploration Inc. (TSXV: FEX) has executed an Option to Purchase Agreement ("Agreement") with CanAlaska Uranium Ltd. ("CanAlaska") whereby Fjordland has the option to purchase a 100% interest in two claim groups recently staked by CanAlaska in the Northwestern Athabasca Basin, Saskatchewan. See map at http://www.fjordlandex.com/galleries/westa1.html Under the terms of the Agreement and subject to TSX Venture Exchange approval, Read More

  • Graphite One Announces Conference Call to Discuss Spherical Graphite Coin Cell Test Results

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Graphite One Resources Inc. (TSX VENTURE:GPH)(OTCQX:GPHOF) ("Graphite One", "GPH" or the "Company") advises that the previously announced conference call for May 26th has been rescheduled for Wednesday June 1st at 1:30 PM PST (4:30PM EST). During the call, the Company along with TRU Group Inc., will discuss in detail the results from initial performance tests on coin cells manufactured with Read More

  • Eloro Resources Sells Royalty Interests in the Val d'Or Gold Mining Camp

    TORONTO, ONTARIO--(Marketwired - May 24, 2016) - Eloro Resources Ltd. (TSX VENTURE:ELO)(FRANKFURT:P2Q) ("Eloro") announces that it has sold its 1.5% NSR on Monarques Resources Inc.'s wholly-owned Simkar, Tex-Sol, Regcourt, Plator I, Plator II, Plator III, Plator IV and Plator V properties in addition to a 0.5% NSR on the Louvicourt Property (collectively, the "Royalties"), all located in the Val d'Or gold mining camp. The Royalties were sold to Read More

  • U.S. Silica Acquires Additional Reserves at Ottawa

    FREDERICK, Md., May 24, 2016 /PRNewswire/ -- U.S. Silica Holdings, Inc. (NYSE: SLCA) announced today that it has completed the purchase of a fully permitted, 327-acre parcel of land adjacent to its existing silica sand mine and plant in Ottawa, Illinois. The company plans to use the land for future mining operations and said it will add approximately 30 million tons of proven reserves. U.S. Silica purchased Read More

  • Ucore Separates Scandium at 99%+ Recovery via SuperLig®-One Pilot Plant

    HALIFAX, NOVA SCOTIA--(Marketwired - May 24, 2016) - Ucore Rare Metals, Inc. (TSX VENTURE:UCU)(OTCQX:UURAF) ("Ucore" or the "Company") is pleased to update on the continuing performance of the SuperLig®-One rare earth element ("REE") separation pilot plant (the "Plant" or "SuperLig®-One"). Pregnant leach solution ("PLS") derived from the Company's Bokan-Dotson Ridge project in Alaska has been treated by the SuperLig®-One Molecular Recognition Technology ("MRT") Plant, at the IBC Advanced Read More

  • Americas Silver Corporation Announces Concurrent Financing

    TORONTO, ONTARIO--(Marketwired - May 24, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Americas Silver Corporation (TSX:USA)(OTCQX:USAPF) (the "Company") is pleased to announce a supplementary, concurrent private placement of subscription receipts (the "Subscription Receipts") to satisfy the residual demand for the original private placement announced on May 20, 2016. The additional proceeds will address a large component of Read More

  • Cliffs Announces Agreements with Minnesota Power

    CLEVELAND, May 24, 2016 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that through its subsidiaries it has entered into multiple agreements with Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE). Cliffs will receive $31 million dollars in cash as part of a long-term purchased power arrangement for its Northshore operation with Minnesota Power through 2031. The agreements, pending potential regulatory approval of Read More

  • Revelo Defines New Copper Target on Its Block 2 Porphyry Copper Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Revelo Resources Corp. ("Revelo" or the "Company") (TSX VENTURE:RVL) is pleased to announce that it has defined a new drill target ("Los Morros") with potential for a porphyry copper discovery at its 100% owned Block 2 copper project, located 45 km northwest of the giant La Escondida copper mining district in northern Chile. Revelo recently completed detailed geological and hydrothermal Read More

  • Royal Road Minerals Announces Receipt of Drilling Permissions; La Golondrina Gold Project, Narino Province, Colombia

    Toronto, Ontario--(Newsfile Corp. - May 24, 2016) - Royal Road Minerals Limited (TSXV: RYR) (the "Company"), a gold focused mineral exploration and development company, is pleased to announce that pursuant to the approved work program ("PTO", approved by Colombia's Agencia Nacional de Minería) and environmental license (see Press Release April 27) for the La Golondrina gold mine, exploration drilling is now permitted at the project. An initial scout Read More

  • Lydian Receives Updated Approval for the Amulsar Mining Right

    TORONTO, ONTARIO--(Marketwired - May 24, 2016) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce it has received approval from the Republic of Armenia for amendments requested by the Company to the Mining Right for its 100% owned Amulsar Gold Project. This is a milestone event, re-affirming the Armenian government's support for Lydian to begin development at Amulsar this summer. The duration of the Read More

  • Fancamp Provides an Update on New Acquisitions in the Grenville Province, Quebec

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 24, 2016) - Fancamp Exploration Ltd. (TSX VENTURE:FNC) - The Company is pleased to announce the staking of a series of claim blocks targeting possible lithium, cesium, tantalum and rare earth element occurrences in pegmatites (LCT pegmatites, after Cerny,1991), 12 km east of the Romaine River and 100 km north of Havre St. Pierre on Quebec's North Shore. These targets are located in the Read More

  • Uracan Announces $1.5 Million Private Placement of Flow through and Non-Flow through Shares

    Vancouver, British Columbia (FSCwire) - Uracan Resources Ltd. (“Uracan” or the “Company”) announces a non-brokered private placement (subject to regulatory approval) of up to 20,000,000 flow through shares at a price of $0.05 per share for gross proceeds of $1,000,000. In addition, up to 10,000,000 non-flow through shares at a price of $0.05 per unit for gross proceeds of up to $500,000. Each non-flow through unit will Read More

  • Golden Share Announces the Strategic Partnership Agreement with Northwest Mining & Exploration Group

    Toronto, Ontario--(Newsfile Corp. - May 24, 2016) - Golden Share Mining Corporation (TSXV: GSH) ("Golden Share" or the "Company") is pleased to announce a Strategic Partnership Agreement (the "Agreement") between Northwest Mining & Exploration Group ("NWME") and Golden Share Mining Corporation. NWME is a Chinese state-owned mining and exploration company focused on gold and non-ferrous metals. Golden Share will act as the exclusive broker in the USA and Read More

  • Mkango Resources Raises GBP 1 m (C$ 1.9 m) in Oversubscribed Placing, Conditional on Admission to AIM

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Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that Miguel Fernando Arias Davila to its Board of Directors.  Mr. Arias is currently President of Peruana de Energía, a Peruvian hydro-energy company.  Mr. Arias has been a director Peruana de Energia since 1996.  In addition, Miguel is a director of Minera Andina de Exploraciones S. A. A., an exploration and development mining company, is an ex-director of Minera San Ramón, Cia. Minera Poderosa S.A. and ex-president and CEO of San Ignacio de Morococha S.A., both Peruvian mining companies. Mr. Arias is a graduate of Michigan Technological University with a degree in mining engineering.

The company also wishes to announce that Luis-Felipe Arizmendi has stepped down from his position as director of the Company.  The Company wishes to thank Luis-Felipe for his years of service to the Company and its shareholders and looks forward to Luis-Felipe’s continued support in the Peruvian investment community. With Mr. Arias’ appointment and Mr. Arizmendi’s departure, the number of Board members for the Company will remain at six. 

Mr. Brian J. Maher, President and CEO of Peruvian Precious Metals Commented: “The Company is excited to welcome Miguel to our Board of Directors.  Miguel’s considerable experience in the Peruvian mining industry and his business knowledge will be invaluable as we continue to advance our Igor Project.  We are saddened to have Luis-Felipe leave the Board and wish him all the best in his future endeavors.”

On behalf of the Board of Directors

Brian J. Maher

President and Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Peruvian Precious Metals Corp.

Kimberly Ann Arntson, CFO and Vice President - Corporate Development

Phone: 1-530-414-4400

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Website:  www.peruvianpmc.com

 

Cautionary Statement:

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.

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FEATURED JUNIOR

Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
Production
Operating Region: U.S./California
Profile: Golden Queen Mining is producing gold and silver at the Soledad Mountain Project located just outside the town of Mojave in Kern County, California. The project is utilizing conventional open pit mining methods and cyanide heap leach and Merrill-Crowe processes to recover gold and silver from crushed, agglomerated ore. Production is projected to average 74,000 ounces of gold and 781,000 ounces of silver... VIEW FULL PROFILE