ALL NEWS RELEASES

  • Minera IRL Limited: Appointment of Non-Executive Chairman to the Board of Directors

    LIMA, PERU--(Marketwired - Sept. 3, 2015) - Minera IRL Limited ("Minera IRL", or the "Company") (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) is pleased to confirm that, further to the announcement on 27 August 2015, Mr. Jaime A. Pinto has been appointed to the board of directors. The board has also appointed Mr. Pinto as the Non-Executive Chairman of the board of directors. Mr. Pinto has been practicing law since 1982 and is currently Read More

  • Rambler and Thundermin Enter Into a Letter of Intent Outlining the Terms of a Proposed Merger

    LONDON, UNITED KINGDOM and BAIE VERTE, NL--(Marketwired - Sep 3, 2015) - Rambler Metals and Mining plc, a Canadian copper and gold producer, explorer and developer (TSX VENTURE: RAB) (AIM: RMM) ("Rambler" or the "Company") today reports that on 1 September 2015 they have signed a nonbinding Letter of Intent ('LOI') with Thundermin Resources Inc. ('Thundermin') (TSX VENTURE: THR) which sets out the principal terms upon which Thundermin Read More

  • Dalradian Announces Cost Saving Corporate Reorganization

    TORONTO, ONTARIO--(Marketwired - Sept. 3, 2015) - Dalradian Resources Inc. (TSX:DNA)(TSX:DNA.WT)(AIM:DALR) ("Dalradian" or the "Company") announced a downsizing and restructuring of the Company's management team and corporate office relocation. These changes are expected to result in annual savings of nearly 20% to the Company's general and administrative costs. Tim Warman, President and Ruth Ives, VP Project Management, have left Dalradian, effective immediately. Their responsibilities have been assumed by Read More

  • Sona Becomes Tier 2 Issuer

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - Sona Resources Corp. ("the Company" or "Sona") (TSX VENTURE:SYS)(FRANKFURT:QS7) announces that it has been reclassified as a Tier 2 Issuer by the TSX Venture Exchange, effective September 3, 2015, as a result of the Company failing to meet the Continued Listing Requirements as outlined in Exchange Policy 2.5. In accordance with Exchange Policy 2.5, the Company must remain as a Read More

  • Rambler Metals and Mining Plc and Thundermin Resources Inc. Enter Into Letter of Intent Regarding Proposed Merger

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - Rambler Metals and Mining Plc ("Rambler") (TSX VENTURE:RAB) (AIM:RMM) and Thundermin Resources Inc. ("Thundermin") (TSX VENTURE:THR) announce that on September 1, 2015 they signed a non-binding letter of intent (the "LOI") which sets out the principal terms upon which Thundermin will amalgamate with a wholly-owned subsidiary of Rambler (the "Merger"). The Merger will be effected on the basis that the holders Read More

  • GoviEx Uranium and Toshiba Agree to Two-Year Bond Extension

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - GoviEx Uranium Inc. (CSE:GXU) announced today that its strategic partner, Toshiba Corporation - one of the world's largest nuclear reactor vendors - has agreed to a two-year extension of an early redemption right of Toshiba's uranium loan (B Bond), to December 31, 2017. "By agreeing to this extension, GoviEx and its strategic partner Toshiba reaffirm our commitment to the commercial development of Read More

  • Ministry of Labour and Ontario Provincial Police Investigate Employee Death at Detour Lake Mine

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - Detour Gold Corporation (TSX:DGC) ("Detour Gold" or the "Company") reports that on September 1, 2015, representatives from the Ministry of Labour were at the Detour Lake mine to obtain additional information related to the death of a Detour Gold employee that occurred at the mine on June 3, 2015. The Company participated in the original investigation by the Ministry of Labour Read More

  • Potash Ridge Closes Previously Announced Acquisition of Valleyfield Fertilizer Corporation

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - Potash Ridge Corporation ("Potash Ridge" or the "Corporation") (TSX:PRK)(OTCQX:POTRF) today announced that it has closed the previously announced transaction pursuant to which Potash Ridge has acquired all of the issued and outstanding common shares of Valleyfield Fertilizer Corporation ("Valleyfield"), a privately owned corporation registered in Quebec. Over the last two years under the leadership of Mr. Jay Hussey, Valleyfield has advanced Read More

  • North American Nickel Inc.: Spotty Hill Zone Extended and New Nickel-Copper Mineralization Intersected at P-059

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - North American Nickel Inc. (TSX VENTURE:NAN) (OTCBB:WSCRF) (CUSIP:65704T 108) (the "Company" or "NAN") is pleased to report that first assays have been received from the diamond drilling program that commenced in late June at their 100% owned Maniitsoq nickel-copper-cobalt-PGM sulphide project in southwest Greenland. A total of 4,981 metres have been completed in twenty-seven holes to the end of August. Read More

  • BCM Resources Corporation: Clarification of News Release Announcing Finalization of Thompson Knolls Agreement & Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - BCM Resources Corporation (TSX VENTURE:B), in its most recent news release issued September 2, 2015, the "Company" announced that it finalized terms of an Agreement with Inland Explorations Ltd., a private BC company ("Inland"), for an option to acquire up to 60% interest in the drill-ready Thompson Knolls Property ("TK Property") located in central Utah's Great Basin, one of the Read More

  • Kivalliq Energy Appoints Jonathan Singh as Corporate Secretary

    VANCOUVER, BC--(Marketwired - September 02, 2015) - Kivalliq Energy Corporation (TSX VENTURE: KIV) ("Kivalliq") today announced the appointment of Mr. Jonathan Singh as Interim Corporate Secretary, effective immediately. As Corporate Secretary, Mr. Singh will be responsible for legal and regulatory compliance activities and assisting with equity financings, joint ventures and general corporate and commercial work. Mr. Singh currently holds the role of Chief Financial Officer for Kivalliq, Kaminak Read More

  • Energy Fuels to Present on September 9 at the 17th Annual Rodman & Renshaw Global Investment Conference; Live Webcast Available

    LAKEWOOD, COLORADO--(Marketwired - Sept. 2, 2015) - Energy Fuels Inc. (NYSE MKT:UUUU)(TSX:EFR) ("Energy Fuels" or the "Company"), a leading integrated conventional and in situ recovery ("ISR") uranium producer that operates in the United States, invites you to watch Curtis H. Moore, Vice President of Marketing and Corporate Development, present at 17th Annual Rodman & Renshaw Global Investment Conference being held at the St. Regis Hotel in New York Read More

  • NewCastle Gold Amends Payment Terms With Sprott Resource

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - NewCastle Gold Ltd. ("NewCastle" or the "Company") (TSX VENTURE:NCA)(OTCQX:CTMQF) is pleased to announce that the Company and Sprott Resource Lending Corp. ("Sprott") have amended the future property payment terms under the share purchase agreement dated September 6, 2012, pursuant to which NewCastle acquired the Castle Mountain Venture. NewCastle and Sprott have agreed to amend the payment terms as follows: The second Read More

  • Orsu Metals Corporation: Grant of Options

    LONDON, UNITED KINGDOM--(Marketwired - Sept. 2, 2015) - Orsu Metals Corporation (the "Company") (TSX:OSU)(AIM:OSU), the London-based precious and base metals exploration and development company, announces the grant of 13,000,000 options to purchase common shares of no par value in the Company (each an "Option") to the Directors and senior management of the Company as follows: Name No. of Options granted No. of Options held after the grant Directors Read More

  • MAG Copper Consolidates Shares

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - Mag Copper Limited ("MAG" or the "Company") (CSE:QUE), announces that it has filed articles of amendment giving effect to the consolidation (the "Consolidation") of its issued and outstanding common shares ("Common Shares"), on a one (1) for five (5) basis. The Consolidation was approved by shareholders at the annual and special meeting held on June 11, 2015. Subject to final confirmation Read More

  • Canada Rare Earth Acquires Additional Capabilities, Expertise and Relationships to Process Rare Earths

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - Canada Rare Earth Corp. ("Canada Rare Earth" or the "Company") (TSX VENTURE:LL) is pleased to announce that it has entered into an agreement dated September 1, 2015 (the "Acquisition Agreement") to acquire the assets of CEC Rare Earth Corp. ("REC"), an affiliated private British Columbia company (the "Acquisition"). Peter Shearing is a director of both the Company and REC and Read More

  • Handa Copper Corporation Announces Results from Annual General Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - Handa Copper Corporation ("Handa Copper" or the "Company") (TSX VENTURE:HEC) is pleased to announce the results of the Annual General Meeting (the "Meeting") of its shareholders which was held on August 28, 2015. All resolutions presented to the Company's shareholders at the Meeting, including resolutions approving the board membership, appointment of auditors, confirmation of the Company's stock option plan, were Read More

  • Metanor Completes the Last Payment on Ressource Quebec Loan, and Announces Management Change

    VAL-D'OR, QUEBEC--(Marketwired - Sept. 2, 2015) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to announce that on August 31st, it completed the last payment on a loan of $7,000,000 from Ressources Québec. Ghislain Morin declares: « By completing this last payment, we cross another important milestone in improving our balance sheet. We wish to thank the team at Ressources Québec for their financial support during the Read More

  • Golden Dawn Minerals Inc. Upgrades Its Current Frankfurt Listing to the Global Xetra Electronic System on the Frankfurt Exchange in Germany

    Vancouver, British Columbia--(Newsfile Corp. - September 2, 2015) - Wolf Wiese, CEO of Golden Dawn Minerals Inc., (TSXV: GOM) (FSE: 3G8N) (the "Company" or "Golden Dawn") announces that the Company has entered into an agreement with TREMMEL WERTPAPIER HANDELSBANK GmbH to list its equity presently trading in Frankfurt on the OTC markets, on the Frankfurt XETRA ELCTRONIC SYSTEM. TREMMEL WERTPAPIER HANDELSBANK GmbH will act as designated sponsor for Read More

  • Temex Resources Corp. Announces Leading Independent Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote FOR the Proposed Plan of Arrangement with Lake Shore Gold Corp.

    TORONTO, Sept. 2, 2015 /CNW/ - Temex Resources Corp. ("Temex" or the "Company") (TSX-V: TME, FWB: TQ1) is pleased to announce that it has been advised that both of the leading independent proxy advisory firms, Institutional Shareholder Services Inc. ("ISS") and Glass, Lewis & Co., LLC ("Glass Lewis") have recommended that shareholders support Temex's proposed plan of arrangement (the "Arrangement") at the annual and special meeting of Read More

  • Rambler Metals & Mining PLC: Purchase Agreement With Off-Take Partner

    BAIE VERTE, NL--(Marketwired - Sep 2, 2015) -  Rambler Metals and Mining plc (TSX VENTURE: RAB) (LSE: RMM) 2 September 2015 TSX-V: RAB; LSE: RMM Rambler Enters Into Purchase Agreement with its Off-take Partner Transamine Trading S.A. London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc, a Canadian copper and gold producer, explorer and developer (TSXV: RAB; LSE: RMM) ("Rambler" or the "Company") Read More

  • Canada Zinc Metals Intersects High Grade Zinc Mineralisation including 17.06% Zn+Pb over 12.98 Metres in First Hole of the 2015 Drill Program

    Vancouver, British Columbia (FSCwire) - Canada Zinc Metals Corp. (TSX Venture Exchange: CZX) is pleased to announce that assays results have been received from the first two drill holes of the 2015 Akie drill program. The Company previously announced plans for 5,000 metres of large-diameter HQ diamond drilling on the property focused on resource expansion down-dip of the current indicated resource and expansion of the robust and Read More

  • BCM Resources Corporation Finalizes Thompson Knolls Agreement & Announces Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - BCM Resources Corporation (TSX VENTURE:B), the "Company", is pleased to announce that it has finalized terms of an Agreement with Inland Explorations Ltd., a private BC company ("Inland"), for an option to acquire up to 60% interest in Inland's drill-ready Thompson Knolls Property ("TK Property") located in central Utah's Great Basin, one of the premier metallogenic provinces in the world. Read More

  • Sirios: Beginning of Fieldworks on the Cheechoo Gold Property

    MONTREAL, QUEBEC--(Marketwired - Sept. 2, 2015) - SIRIOS (TSX VENTURE:SOI) announces the beginning of the fieldworks on the Cheechoo gold property in compliance with its three-year plan announced on last June which comprised of four tasks for the first year. The first step, currently underway, includes stripping and trenching as well as complementary geochemical sampling of soil and till. These samplings will allow to validate and to confirm Read More

  • Corvus Gold Announces Closing of CAD $2M Non-Brokered Private Placement

    VANCOUVER, Sept. 2, 2015 /CNW/ - Corvus Gold Inc. ("Corvus" or the "Company") - (TSX: KOR, OTCQX: CORVF) announces the closing of a CAD $2,000,000 non-brokered private placement priced at market based on the 5-day volume weighted average price ending August 28, 2015 of CAD $0.47. Under the terms of the agreement, the Company issued 4,255,320 common shares with no warrant and with a 6-month hold period to Read More

  • Commerce Resources Corp. Announces Filing of Preliminary Short Form Prospectus

    VANCOUVER, Sept. 2, 2015 /CNW/ - Commerce Resources Corp. (TSXv: CCE; FSE: D7H) (the "Company") has filed a preliminary short form prospectus with the securities regulatory authorities in the Provinces of British Columbia, Alberta and Ontario in connection with a best efforts offering of units (the "Units") of the Company at a price of $0.10 per Unit for gross proceeds of a minimum of $1 million and Read More

  • Capital and Operating Cost Reductions at Lydian's Amulsar Project Supported by Positive Metallurgical Test Results

    TORONTO, ONTARIO--(Marketwired - Sept. 2, 2015) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") reports that results to date of its continuing metallurgical testing program and a blast fragmentation study demonstrate potential to favorably reduce initial capital costs and future operating expenses at its 100% owned Amulsar Gold Project in Armenia. Based on the projected outcome from this year's metallurgical testwork program and assessment of the rock Read More

  • Rugby Mining Announces CAD$0.8 Million Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - This news release is not for distribution to United States newswire service or for dissemination in the United States Rugby Mining Limited ("Rugby" or the "Company") (TSX VENTURE: RUG) announces that its board of directors have approved a proposed private placement offering of up to 10,000,000 units (the "Units") at a price of $0.08 per Unit for gross proceeds of Read More

  • TerraX Appoints Elif Levesque to Board of Directors

    YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwired - Sept. 2, 2015) - TerraX Minerals Inc. (TSX VENTURE:TXR)(Frankfurt:TX0)(OTC PINK:TRXXF) is pleased to announce the appointment of Ms. Elif Lévesque as a director of the Company. Elif Lévesque has 18 years of experience in finance, treasury and strategic management, including 13 years in the mining industry (exploration, development/construction and operation stage). Since June 2014, she has served as Chief Financial Officer and Vice President Read More

  • Pasinex Announces Six Month 2015 Financial Results

    Toronto, Ontario--(Newsfile Corp. - September 2, 2015) - Pasinex Resources Ltd. (CSE: PSE) (FSE: PNX) (the "Company" or "Pasinex") announced financial results for the six months ended June 30, 2015. The Company's condensed interim consolidated financial statements and management discussion and analysis (MD&A) for the period have been filed with SEDAR and will be available at www.sedar.com and on the Company's website at www.pasinex.com. This news release should Read More

  • Star - Orion South Diamond Project Orion South Large Diameter Drilling Diamond Results Including 3.25, 1.15, 1.09 and 1.04 Carat Stones

    SASKATOON, Sept. 2, 2015 /CNW/ - George H. Read, P. Geo., Senior Vice President Exploration and Development of Shore Gold Inc. ("Shore" or the "Company") is pleased to announce the diamond results for the 12 hole Large Diameter Drilling ("LDD") program which was recently completed on the Orion South ("OS") Kimberlite and which are detailed and explained in Table 1. "We are very encouraged by these LDD Read More

  • Dajin Starts Teels Marsh Geoprobe Exploration

    Vancouver, BC / TheNewswire / September 2, 2015 - Dajin Resources Corp. ("Dajin") (TSX-V: DJI) (OTC: DJIFF) is pleased to report that the company's wholly owned subsidiary, Dajin Resources (US) Corp. has started its deep geoprobe program at Dajin's 100% owned Teels Marsh claims, located in Mineral County, Nevada. Dajin has retained Pediment Gold LLC., of Sparks, Nevada to carry out the exploration work on Teels Marsh. Pediment Gold Read More

  • Nevada Sunrise Agreement On Lithium Claims In Clayton Valley, Nevada

    VANCOUVER, Sept. 2, 2015 /CNW/ - Nevada Sunrise Gold Corporation ("Nevada Sunrise" or the "Company") (TSXV: NEV) is pleased to announce it has entered into a letter agreement for an option to purchase the Neptune property ("Neptune, or the "Property") located in the Clayton Valley, Esmeralda County, Nevada, USA. Neptune (formerly known as the Clayton Deep property) is located approximately 37 miles (55 kilometres) southwest of Tonopah, Read More

  • New Millennium Iron Corp. Issues Open Letter to Shareholders

    CALGARY, ALBERTA--(Marketwired - Sept. 2, 2015) - New Millennium Iron Corp. ("NML" or the "Company") (TSX:NML)(OTCQX:NWLNF) today announced the following open letter to all shareholders: September 2, 2015 AN OPEN LETTER TO THE SHAREHOLDERS OF NEW MILLENNIUM IRON CORP. Dear Shareholder: At our recent Annual General Meeting, New Millennium's ("NML") Board of Directors and senior management made a commitment to keeping you informed of our efforts aimed at Read More

  • Troymet Updates Projects Status

    NANAIMO, BRITISH COLUMBIA--(Marketwired - Sept. 2, 2015) - Troymet Exploration Corp. (TSX VENTURE:TYE) ("Troymet") or the ("Company" ) is pleased to review the current status of its on-going exploration activities and its plans going forward. Troymet is focused on advancing the Redhill copper-gold-zinc-silver volcanogenic massive sulphide ("VMS") project in British Columbia and the Wildcat gold-silver project located in the northern Drum Mountains of central Utah. Both are considered to Read More

  • Barkerville Gold Mines Enters into Settlement Agreement

    TORONTO, ON / TheNewswire / September 2, 2015 -Barkerville Gold Mines Ltd. (TSXV: BGM) ("BGM" or the "Company") announces that it has entered into a settlement agreement (the "Settlement Agreement") with Istana Investments Ltd. ("Istana"). Pursuant to an option agreement dated September 12, 2000, between Istana and Golden Cariboo Exploration Ltd. ("Golden Cariboo"), which agreement and the rights and obligations thereunder were assigned to the Company, Golden Cariboo Read More

  • Barkerville Gold Mines Enters into Settlement Agreement

    TORONTO, ON / TheNewswire / September 2, 2015 - Barkerville Gold Mines Ltd. (TSXV: BGM) ("BGM" or the "Company") announces that it has entered into a settlement agreement (the "Settlement Agreement") with Istana Investments Ltd. ("Istana"). Pursuant to an option agreement dated September 12, 2000, between Istana and Golden Cariboo Exploration Ltd. ("Golden Cariboo"), which agreement and the rights and obligations thereunder were assigned to the Company, Golden Cariboo Read More

  • Dolly Varden Silver Responds to Skeena’s Announcement

    Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) today responded to a press release from Skeena Resource Limited (“Skeena”)(TSX.V: SKE) dated August 31, 2015. On Thursday, August 27, Skeena delivered to the Company an unsolicited proposal to acquire Dolly Varden.  The proposal had a short-response deadline of 9:00 am on Monday, August 31, 2015.    The Board Read More

  • Uranium Energy Corp to Present at the 17th Annual Rodman & Renshaw Global Investment Conference in New York City September 8 - 10, 2015

    CORPUS CHRISTI, TX, Sept. 1, 2015 /CNW/ - Uranium Energy Corp (NYSE MKT: UEC, the "Company" or "UEC") is pleased to announce the Company will be featured as a presenting company at the 17th Annual Rodman & Renshaw Global Investment Conference, sponsored by H.C. Wainwright & Co., LLC.  The conference is being held September 8-10, 2015, at The St. Regis Hotel in New York City. President and CEO Read More

  • Peruvian Precious Metals Corp. Announces Shares for Debt Settlement

    Vancouver, British Columbia (FSCwire) - Peruvian Precious Metals Corp. (the "Company") is pleased to announce that it has entered into a settlement agreement with a former employee of the Company, which includes settling $25,117.94 in debt by the issuance of 251,179 common shares of the Company. The transaction is subject to the approval of the TSX Venture Exchange. On behalf of the Board of Directors Brian J. Read More

  • First Mining Announces Business Combination With Gold Canyon Resources Inc. and PC Gold Inc.

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 1, 2015) - First Mining Finance Corp. (TSX VENTURE:FF) ("First Mining"), Gold Canyon Resources Inc. (TSX VENTURE:GCU)(OTC PINK:GDCRF) ("Gold Canyon") and PC Gold Inc. (TSX VENTURE:PKL) ("PC Gold") are pleased to announce that the companies have entered into definitive agreements (the "Agreements") pursuant to which First Mining has agreed to acquire all of the issued and outstanding common shares of both Gold Canyon Read More

  • Talon Metals Update: Step-Out Drilling at Tamarack Intersects Further Massive Nickel-Copper-PGE Sulphide Mineralization

    ROAD TOWN, BRITISH VIRGIN ISLANDS--(Marketwired - Sept. 1, 2015) - Talon Metals Corp. ("Talon" or the "Company") (TSX:TLO) is pleased to provide an exploration update on the Tamarack North Nickel-Copper-PGE project ("Tamarack North Project"), located in Minnesota, USA. This update focuses on the results of the recent follow-up drilling in the newly discovered 221 Zone (see Annex A for the precise location of the 221 Zone) (also see Read More

  • Prophecy Announces $2,000,000 Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 1, 2015) - Prophecy Development Corp. ("Prophecy" or the "Company") (TSX:PCY)(OTCQX:PRPCF)(FRANKFURT:1P2) announces that it is undertaking a non-brokered private placement (the "Placement") involving the issuance of up to 40,000,000 units (each a "Unit") at a price of $0.05 per Unit. Each Unit will consist of one Common share in the capital of the Company (a "Share") and one Share purchase warrant (a "Warrant"). Read More

  • Cornerstone Capital Resources Inc.: Hole 12 Continues to Intersect High Grade Target at Cascabel (Alpala Central)

    MOUNT PEARL, NEWFOUNDLAND AND LABRADOR--(Marketwired - Sept. 1, 2015) - Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE:CGP)(FRANKFURT:GWN)(BERLIN:GWN)(OTCBB:CTNXF) announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study. SolGold Plc is funding 100% of the exploration and is the project operator. HIGHLIGHTS: CSD-15-012 Read More

  • Fission's Mineralized Trend Hits 2.31km; R600W Zone Grows East and West

    KELOWNA, BRITISH COLUMBIA--(Marketwired - Sept. 1, 2015) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce results from a further ten holes of the 20,000m 60-hole summer drill program at its PLS property in Canada's Athabasca Basin region: six holes drilled on the R600W zone and four drilled on the R780E zone. Importantly, the high-grade, central near-surface R600W zone has grown, east and west Read More

  • Pretium Resources Inc.: Brucejack Receives Environmental Management Act and Mines Act Permits

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 1, 2015) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to announce that it has been issued all of the major regulatory permits required to begin development work towards commercial production at the Brucejack Project located in northern British Columbia. The British Columbia Minister of Energy and Mines has issued a Mines Act Permit approving Pretivm's mine plan and reclamation Read More

  • OceanaGold Filed and Mailed Meeting Materials for Upcoming Special Meeting of Shareholders

    MELBOURNE, Sept 1, 2015 /CNW/ - OceanaGold Corporation (TSX/ASX/NZX: OGC) ("OceanaGold") is pleased to announce that it has completed the SEDAR filing and mailing of the shareholder meeting materials for the previously announced Plan of Arrangement (the "Arrangement") with Romarco Minerals Inc. ("Romarco"). As indicated by the respective OceanaGold and Romarco press releases dated 30 July 2015, the boards of directors for both companies unanimously recommend the friendly Read More

  • Integra Gold Intersects 12.86 g/t Au Over 6.0 metres in Triangle Zone Step-Out Drilling and Identifies New C5 Zone Below Existing Resources

    VANCOUVER, BC--(Marketwired - September 01, 2015) - Press Release Highlights: Results continue to provide confidence in the lateral continuity of the steeply dipping C4 mineralized structure at the Triangle Zone ("Triangle") with step-out drilling over 125 metres ("m") east of the existing resource limit intersecting 12.86 grams per tonne gold ("g/t Au") over 6.0 m in hole TM-15-22 Significant mineralization reported in the sub-parallel steeply dipping C2 structure Read More

  • Grizzly Provides Update on Non-Binding LOI With Kinross

    EDMONTON, ALBERTA--(Marketwired - Sept. 1, 2015) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to provide an update on its progress with Kinross Gold Corporation ("Kinross") on a non-binding Letter of Intent ("LOI") announced July 21, 2015, to grant Kinross or its affiliate KG Exploration (Canada) Inc. the sole and exclusive right and option to acquire an undivided 75% legal and beneficial interest in Read More

  • Mawson drills 19.0 metres at 5.3 g/t gold at Palokas, Finland

    VANCOUVER, Sept. 1, 2015 /CNW/ - Mawson Resources Limited ("Mawson") or (the "Company") (TSX:MAW) (Frankfurt:MXR) (PINKSHEETS: MWSNF) announces the latest high-grade drill results from the 100% owned Palokas gold discovery in Northern Finland. Key Points: First drill hole of current program, PRAJ0109, returned: 19.0 metres @ 5.3 g/t gold from 38.7 metres; PRAJ0109 was drilled down-dip from recent drill results.  Immediate up dip results have included: 19.6 metres Read More

  • Northern Dynasty signs definitive agreement with Cannon Point

    VANCOUVER, Sept. 1, 2015 /CNW/ - Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE MKT: NAK) ("Northern Dynasty" or the "Company") announces, further to its press release of August 10, 2015, that it has entered into a definitive arrangement agreement (the "Agreement") with Cannon Point Resources Ltd. ("Cannon Point") with respect to the acquisition of 100% of the outstanding securities of Cannon Point. The transaction will be implemented Read More

  • Galane Gold Ltd. Releases Financial and Operating Results for Second Quarter 2015

    TORONTO, Aug. 31, 2015 /CNW/ - Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX-V: GG) is pleased to announce the release of its financial results for the three and six months ended June 30, 2015. All amounts are in United States dollars unless otherwise indicated. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2015 prepared Read More

  • Commerce Resources Corp. Intersects 2.44% TREO over 45 metres at the Ashram Rare Earth Deposit, Northern Quebec

    VANCOUVER, Sept. 1, 2015 /CNW/ - Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF) (the "Company") is pleased to announce results for an additional eleven drill holes from the recently completed winter/spring drill program at the Ashram Rare Earth Deposit located in northern Quebec.  Highlights are as follows: 199.11 metres (m) of 1.98% TREO(1), including  45.42 m of 2.44% TREO (EC15-129) 149.42 m of 1.88% TREO, Read More

  • Red Eagle Mining extends superior offer to acquire CB Gold

    VANCOUVER, Sept. 1, 2015 /CNW/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) has extended the expiry of its share exchange takeover bid (the "Offer") to acquire all of the issued and outstanding common shares ("Shares") of CB Gold Inc. ("CB Gold") from August 31, 2015 to September 14, 2015.  A notice of variation and extension has been filed and mailed to CB Gold Read More

  • Candente Copper Announces the Execution of Definitive Royalty Agreements on the Canariaco Project With Entree Gold Affiliate

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 1, 2015) - Candente Copper Corp. (TSX:DNT)(LMA:DNT) ("Candente Copper", or "Company") is pleased to announce the execution of definitive Royalty Agreements between two of the Company's subsidiaries and Exploraciones Apolo Resources S.A.C. ("Apolo"), an affiliate of Entrée Gold Inc. (TSX:ETG) ("Entrée"). Pursuant to these agreements, the Company has granted a royalty for a 0.5% net smelter return ("NSR") on its wholly-owned Cañariaco Copper Read More

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DENVER--()--Royal Gold, Inc. (NASDAQ: RGLD; TSX: RGL) (“Royal Gold” or the “Company”) provides an operational update for its streaming and royalty interests at Mount Milligan, Phoenix and Voisey’s Bay, as well as an update on the status of its streaming transaction with Golden Star Resources Ltd. (“Golden Star”) and its Peak Gold Joint Venture (“Peak Gold”).

Mount Milligan Mine

For the quarter ended June 30, 2015, the Company’s wholly owned subsidiary, RGLD Gold AG (“RGLD Gold”), purchased approximately 21,400 ounces of gold from the Mount Milligan mine at a cash price of $435 per ounce as part of its purchase and sale agreement with Thompson Creek Metals Company, Inc. (“Thompson Creek”), and sold approximately 23,000 ounces of gold related to Mount Milligan. In addition, RGLD Gold had approximately 5,300 ounces remaining in inventory as of June 30, 2015.

Phoenix Project

On June 24, 2015, Rubicon Minerals Corporation (“Rubicon”) announced its first gold pour at the Phoenix Gold Project of approximately 741 ounces. RGLD Gold will begin receiving deliveries in the current quarter related to initial commissioning activities and anticipates more substantial gold deliveries as the mine ramps up to design production.

Rubicon will deliver 6.30% of the gold from the Phoenix mine until 135,000 ounces have been delivered, then 3.15% thereafter. RGLD Gold will pay 25% of the spot price at the time of delivery.

Voisey’s Bay Mine

We received the first quarterly royalty payment relating to processing Voisey’s Bay nickel concentrates at Vale’s new Long Harbour hydrometallurgical plant. In response to questions concerning Vale’s determination of the Long Harbour smelter and refining charges deducted from actual proceeds to calculate the net smelter return royalty payable, Vale recently stated that the charges included “the cost of product sold, pre-operating costs, depreciation and cost of capital.” Royal Gold strongly disagrees with Vale’s determination that these charges are permissible deductions pursuant to the royalty agreement and is requesting further clarification of the basis for these charges while aggressively pursuing its legal remedies.

Golden Star Transaction

On May 7, 2015, the Company announced that RGLD Gold entered into a streaming agreement with Golden Star Resources Limited (“Golden Star”). The transaction is expected to close soon, upon satisfaction of remaining closing conditions, with RGLD Gold making an initial upfront payment at closing of $40 million to Golden Star. Royal Gold will simultaneously fund a $20 million dollar term loan as part of the transaction. RGLD Gold expects to make further advance payments totaling $90 million over the next five quarters. Once the initial upfront payment has been made, RGLD Gold expects to receive stream deliveries from Golden Star in the current quarter related to production from and after April 1, 2015.

Golden Star will deliver to RGLD Gold 8.5% of gold produced from Wassa, Bogoso and Prestea until 185,000 ounces have been delivered, 5.0% until an additional 22,500 ounces have been delivered, and 3.0% thereafter. RGLD Gold will pay Golden Star 20% of the spot price at the time of delivery until 207,500 ounces have been delivered, and 30% of the spot price thereafter.

Peak Gold

As described on the Company’s fiscal third quarter conference call, Royal Gold incurred certain costs associated with the summer exploration program at Peak Gold. The Company estimates approximately $2 million in expenditures will be reported in its financial results ended June 30, 2015.

CORPORATE PROFILE

Royal Gold, Inc. is a precious metals royalty and stream company engaged in the acquisition and management of precious metal royalties, streams, and similar production based interests. The Company owns interests on 196 properties on six continents, including interests on 37 producing mines and 24 development stage projects. Royal Gold, Inc. is publicly traded on the NASDAQ Global Select Market under the symbol “RGLD,” and on the Toronto Stock Exchange under the symbol “RGL.” The Company’s website is located at www.royalgold.com.

Cautionary “Safe Harbor” Statement Under the Private Securities Litigation Reform Act of 1995: With the exception of historical matters, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from projections or estimates contained herein. Such forward-looking statements include statements about the Company’s receipt of gold from Thompson Creek, Rubicon, and Golden Star in periods after June 30, 2015, its upfront payment to Golden Star, and the Company’s receipt of royalty payments from Vale in periods after June 30, 2015. Factors that could cause actual results to differ materially from the projections include, among others, the timing of shipments, disagreements on assays, losses in transport, performance of and production at Mount Milligan, the Phoenix Gold Project, Golden Star’s Wassa, Bogoso and Prestea operations and Voisey’s Bay; decisions and activities of Thompson Creek, Rubicon, Golden Star and Vale; changes in project parameters and timelines as plans continue to be refined; economic and market conditions; unanticipated grade, geological, metallurgical, processing, regulatory and legal or other problems that Thompson Creek, Rubicon, Golden Star and Vale may encounter; changes in operators’ mining and processing techniques or royalty or stream calculation methodologies; errors or disputes in calculating royalty payments or stream deliveries, or payments or deliveries not made in accordance with royalty and streaming agreements; resolution of legal proceedings (including with Vale regarding Voisey’s Bay); and other subsequent events, as well as other factors described in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. Most of these factors are beyond the Company’s ability to predict or control. The Company disclaims any obligation to update any forward-looking statement made herein. Readers are cautioned not to put undue reliance on forward-looking statements. 

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Gold Royalties LLC

FEATURED JUNIOR

Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
Development
Operating Region: U.S./California
Profile: Golden Queen Mining is bringing the Soledad Mountain gold and silver deposit into commercial production. The project is fully permitted and funded with construction underway and mine commissioning scheduled for late 2015. The Company is led by a team of experienced mine builders and deep pocketed partners... VIEW FULL PROFILE