• Cyprium Mining Calls Special Debenture Holders Meeting for September 21, 2016

    Montreal, Quebec - (August 31st, 2016) Cyprium Mining Corporation (“Cyprium” or the “Company”) (TSX-V: CUG) is pleased to announce that it has called a special meeting of certain debenture holders for September 21st, 2016 (the “Meeting”). The Corporation was authorized under a debenture indenture dated February 28, 2014 (the "Indenture") to issue up to $750,000 in principal amount of unsecured, non-convertible debentures bearing interest at 12% per annum Read More

  • Premier Gold Mines extends high grade mineralization at McCoy-Cove

    THUNDER BAY, ON, Aug. 31, 2016 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) ("Premier", "the Company") is pleased to announce results from five additional step-out holes within the CSD Gap, located between the Helen Zone and historic Cove South Deep (CSD) underground deposit, has confirmed the extension of high-grade mineralization across substantial widths at the Company's 100%-owned McCoy-Cove Gold Project, situated along the Battle Mountain-Eureka Trend in Read More

  • Roxgold Announces Positive Results from Definition Program at Zone 55

    TORONTO, Aug. 31, 2016 /CNW/ - Roxgold Inc. ("Roxgold" or "the Company") (TSX.V: ROG) is pleased to announce results from its definition drilling program at Zone 55. Highlights: 44.4 grams per tonne ("gpt") gold over 6.3 metres ("m") (4.9 m true width ("TW")) including 362.0 gpt gold over 0.7 m (0.5 m TW) in diamond drill hole YRM-16-DD-412 39.2 gpt gold over 6.2 m (5.5 m TW) Read More

  • Barkerville Gold Mines Intersects 10.02 G/T (0.29 Oz/T) Au Over 22.20 Metres Including 13.01 G/T (0.38 Oz/T) Au Over 11.50 Metres In Cow Mountain Phase I Drilling

    Vancouver, BC / TheNewswire / August 31, 2016 - Barkerville Gold Mines Ltd. (TSXV: BGM) (the "Company" or "BGM") is pleased to announce results from the ongoing Phase I exploration and category conversion drilling program on Cow Mountain at the Company's flagship Cariboo Gold Project (CGP). The results of these drillholes are presented in Table 1. A drillhole location plan map and longitudinal section are attached hereto. Drilling Highlights: Read More

  • Osisko Mining Intersects 15.4 g/t Au Over 6.4 Metres at Windfall Expands New Wolf Zone Discovery

    MONTREAL, QUEBEC--(Marketwired - Aug. 31, 2016) - Osisko Mining Inc. (TSX:OSK) ("Osisko" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Urban Township, Québec. The current 100,000 metre drill program combines definition drilling above the Red Dog intrusion ('Red Dog'), expansion drilling above and below Red Dog and exploration drilling on the Read More

  • Pilot Gold Provides RC Drill Results & Land Acquisition Update on Goldstrike Oxide Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 31, 2016) - Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to announce additional drill results from 7 Reverse Circulation (RC) drill holes in the Main Zone of 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

  • Dalradian Resources Announces Positive Grade Reconciliation Study

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") announces that an internal grade reconciliation study (the "Study") shows an increase of 12% in grade and 16% in ounces contained within a portion of the V-75 vein, which is currently undergoing test stoping, at the Company's high grade Curraghinalt Gold Deposit in Northern Ireland. The Study reconciles estimates of contained gold from Read More

  • Teck Resources Announces Acquisition of Securities of Jet Gold

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that it acquired 8,333,333 common shares, and a $389,117 principal amount convertible debenture of Jet Gold Corp. ("Jet Gold"). Jet Gold issued the securities in satisfaction of $889,117 of indebtedness owing to a Teck subsidiary. Jet Gold had assumed the indebtedness in connection with its indirect acquisition of Read More

  • Dunnedin Ventures Begins Field Program at Kahuna and Provides Permitting Update

    August 31, 2016 / TheNewswire / Vancouver, BC, Canada. - Dunnedin Ventures Inc. (the "Company" or "Dunnedin") (TSX-V: DVI) is pleased to announce the start of field investigations and to provide permitting updates for its Kahuna project, located near Rankin Inlet, Nunavut. Field crews are currently collecting approximately 1,000 till samples across the Kahuna property. This is ten times the number of samples collected during Dunnedin's 2015 program, which Read More

  • Victoria Gold Completes $28,778,750 Bought Deal Financing

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Victoria Gold Corp. (TSX VENTURE:VIT) ("Victoria" or the "Company") is pleased to announce that it has closed its previously announced short form prospectus offering, including the exercise in full of the underwriters' over-allotment option. A total of 44,275,000 common shares were issued pursuant to the offering at Read More

  • Alexandria Minerals Completes Phase 1 of Triangle Too Drill Program and Commences Drilling on Orenada High-Grade Gold Program

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) ("AZX" or the "Company") is pleased to announce that it has completed Phase 1 of its Triangle Too exploration drilling program on its Airport property, and is now commencing a new drilling program on the nearby Orenada High-Grade Gold targets. The recently completed first-round Triangle Too drill program was testing for high-grade, Triangle Zone-like gold veins. Read More

  • Inca One Gold announces appointment of Bruce Bragagnolo as Chairman and Director

    VANCOUVER, Aug. 31, 2016 /CNW/ - INCA ONE GOLD CORP. (TSX.V: IO) ("Inca One" or the "Company") is pleased to announce the appointment of Mr. Bruce Bragagnolo, LLB as the Chairman of its Board of Directors effective immediately. Mr. Bragagnolo is the co-founder and former Chief Executive Officer of Timmins Gold Corp. an emerging intermediate, Mexican-focused gold producer. Mr. Bragagnolo is also the co-founder and the former CEO of Silvermex Read More

  • Golden Hope Mines Appoints Morgan Good as VP Business Development

    Vancouver, BC / TheNewswire / August 31, 2016 - Golden Hope Mines Limited is pleased to announce the appointment of Morgan Good as VP Business Development. Mr. Good is a venture capitalist with more than 12 years of experience as a stock market professional focusing in areas of corporate development, finance and investor relations. He founded Patriot Capital Corporation in early 2013 to invest in both private and public Read More

  • Nevada Energy Metals Announces Encouraging Lithium Results from Big Smokey Valley, Nevada

    August 31, 2016 / TheNewswire / Vancouver, British Columbia- Nevada Energy Metals Inc. "the Company" (TSX-V: BFF; OTCQB: SSMLF; Frankfurt: A2AFBV) ) is pleased to announce encouraging results have been received from the latest sampling program at the Company's 100% owned Big Smokey Valley (North) project. The geochemical sampling program was designed to test for lithium values in surface soils and/or playa evaporates. Samples were obtained on a grid Read More

  • Atlantic Gold Provides Construction Update at the MRC Gold Project, Nova Scotia, Canada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 31, 2016) - Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to provide a construction progress update for its Moose River Consolidated Project ("MRC Project"), one of Canada's few construction stage, permitted, financed, open pit gold projects. A feasibility study released in early July of 2015 demonstrated that the MRC project will produce 87,000 oz. gold / year on average for Read More

  • Azarga Uranium to Raise $2.0 Million Through Private Placement

    GREENWOOD VILLAGE, COLORADO--(Marketwired - Aug. 31, 2016) - AZARGA URANIUM CORP. (TSX:AZZ)(FRANKFURT:P8AA)(OTC PINK:PWURF) ("Azarga Uranium" or the "Company") announces that it intends to issue 8,333,334 units (each, a "Unit") at a price of $0.24 per Unit to raise proceeds of $2.0 million through a non-brokered private placement ("the Financing"). The Company intends to use the proceeds of the Financing for continuation of the permitting process at the Dewey Read More

  • Noram Ventures Completes Water Source Study On Lithium Brine/Clay Project In Nevada’s Clayton Valley

    Vancouver, British Columbia (FSCwire) - Noram Ventures Inc. (TSX-V: NRM Frankfurt: N7R) ("Noram" or the "Company") is pleased to announce the completion of an intial water resources study on its lithium brine/clay project in Nevada’s Clayton Valley (see Figure 1). The Study identified various water sources and delivery methods for use during exploration through to full project development scenarios. The Study includes a breakdown of the existing ownership of Read More

  • Amerigo's MVC Receives Chile's National Mining Award

    Vancouver, British Columbia--(Newsfile Corp. - August 31, 2016) - Amerigo Resources Ltd. (TSX: ARG) ("Amerigo" or the "Company") is pleased to announce that Minera Valle Central ("MVC"), the Company's 100% owned operation located near Rancagua Chile, has been awarded the prestigious Premio Nacional de Minería 2016 (2016 National Mining Award) by Chile's SONAMI (National Mining Society), in the category of Mid-Size Producers. The award is for introducing an Read More

  • Lydian Inernational Extends Availability Period for Second Stream Deposit

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") announced today it has extended the availability period for the second deposit under the stream agreement with Orion Mine Finance ("Orion") and Resource Capital Fund VI L.P. ("RCF") by one month to September 30, 2016. "Our treasury remains strong with more than $125 million on hand, and all work at Amulsar is proceeding Read More

  • U3O8 Corp. Announces $1,000,000 Non-Brokered Private Placement

    TORONTO, Aug. 31, 2016 /CNW/ - U3O8 Corp. (TSX: UWE; OTCQX: UWEFF; SSE: UWECL) announces that it is undertaking a best efforts non-brokered private placement of up to 33,333,334 units ("Units") at a price of $0.03 per Unit, for gross proceeds of approximately $1 million (the "Offering").  Each Unit shall consist of one common share of U3O8 Corp. ("Share") and one Share purchase warrant ("Warrant").  Each Warrant Read More

  • Anconia Resources Identifies New Gold Occurrence on Batchawana Greenstone Belt Property

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it has identified a new gold occurrence on its property in the eastern portion of the Batchawana Greenstone Belt in the Sault Ste. Marie area. Anconia entered into an option agreement (dated July 18th 2016) to acquire a large (approximately 65 square kilometres) group of claims in the under-explored eastern Read More

  • Mkango Releases Financial Statements and Management's Discussion and Analysis for the Period Ending June 30, 2016

    CALGARY, ALBERTA--(Marketwired - Aug. 31, 2016) - Mkango Resources Ltd. (TSX VENTURE:MKA)(AIM:MKA) (the "Company" or "Mkango"), is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending June 30,2016. The reports are now available on the Company's website via the following link:, and will also be made available under the Company's profile on SEDAR. William Dawes, Chief Executive Read More

  • Khan Announces Conversion of Funds from US$ to C$

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Khan Resources Inc. ("Khan" or the "Company") (CSE:KRI) announces that the majority of US$ funds received from the Government of Mongolia in settlement of an international arbitration award have now been converted to Cdn$ at the average rate of 1.3050. The Company restates that the rate used to convert US$ cash balances to Cdn$ for the financial statements as at June Read More

  • Nexus Gold Announces OTC Markets Group Listing

    Vancouver, Canada / TheNewswire / August 31, 2016 - Nexus Gold Corp. ("Nexus" or the "Company") (TSX-V: NXS) is pleased to announce that effective immediately its common shares have commenced trading in the United States under the ticker symbol "NXXGF". The listing coincides with the Company's ongoing efforts to support its existing US shareholder base, and to facilitate trading in the OTC markets. "This listing increases our access to, Read More

  • Macarthur Minerals Reports Annual General Meeting Results

    VANCOUVER, BC--(Marketwired - August 31, 2016) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Macarthur Minerals Limited (TSX VENTURE: MMS) (the "Company" or "Macarthur Minerals") pleased to announce that all resolutions were passed at the Annual General Meeting of the Company held today in Brisbane, Australia. Macarthur Minerals' Chairman, Cameron McCall commented that, "Macarthur takes this opportunity Read More

  • Great Lakes Graphite Announces Repeat Purchase Orders From U.S. Industrial

    TORONTO, ONTARIO--(Marketwired - Aug. 31, 2016) - Great Lakes Graphite Inc. ("Great Lakes", "GLK" or the "Company") (TSX VENTURE:GLK)(OTC PINK:GLKIF)(FRANKFURT:8GL) today announces that five repeat purchase orders have been received from the large, Texas-based industrial company who placed two purchase orders for micronized synthetic graphite products earlier this year. Each purchase order specifies twenty tonnes of material and takes the number of orders that Great Lakes has now Read More

  • Seabridge Gold Drill Results Expanding Prospective Deep Kerr Mine Plan

    TORONTO, Aug. 30, 2016 (GLOBE NEWSWIRE) -- Seabridge Gold (TSX:SEA) (NYSE:SA) today announced that results from the first two core holes drilled this year into the Deep Kerr deposit are, as planned, likely to allow for an increase in the potential mining rate from the proposed block cave shapes designed to exploit the deposit cost-effectively from underground. The new holes are expected to expand the known resource Read More

  • Lithium X Energy Upgrades Mineral Resource Estimate for Sal de los Angeles Project

    VANCOUVER, Aug. 30, 2016 /CNW/ - Lithium X Energy Corp. ("Lithium X" or the "Company") (TSX-V: LIX) (OTCQB: LIXXF), is pleased to report the filing of a National Instrument 43-101 technical report prepared by FloSolutions (Chile), dated August 30, 2016 and entitled Resource Estimate for Lithium & Potassium, Sal de los Angeles Project, Salta (Argentina) containing its first independent lithium ("Li"), potassium ("K") and boron ("B") resource Read More

  • Gold Standard Intersects 8.5m of 11.16 g Au/t Within 65.6m of 3.17 g Au/t at the North Bullion Deposit, Railroad District, Carlin Trend, Nevada(i)

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Gold Standard Ventures Corp. (TSX VENTURE:GSV) (NYSE MKT:GSV) ("Gold Standard" or the "Company) is pleased to announce assay results from two core holes at the North Bullion deposit on its 100%-owned/controlled Railroad-Pinion Project in Nevada's Carlin Trend. Both holes returned significant intercepts that expand the gold mineralization to the northwest and north. Results from RR16-01 are highlighted by 65.6m of Read More

  • Columbus Gold Completes 2016 Drill Program and Commences Metallurgical Testing at Eastside Gold Project, Nevada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Columbus Gold Corp. (TSX:CGT)(OTCQX:CBGDF) is pleased to announce the conclusion of its 2016 drilling program at its 100% owned Eastside gold project in Nevada. Columbus completed 17,500 meters (57,413 feet) of drilling during the 2016 program - 12,663 meters (41,544 feet) of reverse circulation rotary drilling and 4,837 meters (15,869 feet) of diamond core drilling. To present, a total of 37,311 Read More

  • Midland Signs Definitive Joint-Venture Agreement Near Eleonore Mine and Cheechoo Gold Discovery and Provides an Update on Exploration Work

    MONTREAL, QUEBEC--(Marketwired - Aug. 30, 2016) - Midland Exploration Inc. ("Midland") (TSX VENTURE:MD) is pleased to announce the signing of a definitive joint-venture agreement (50%-50%) with Osisko Exploration -James Bay Inc. ("Osisko"), whereby Midland and Osisko will collaborate and combine their efforts to explore geological settings favourable for gold deposits in the vicinity of the Éléonore gold mine and the recent gold discovery at Cheechoo (see Midland press Read More

  • Angkor Gold Receives CDC Approval for Phum Syrung Gold Mine

    GRANDE PRAIRIE, AB--(Marketwired - August 30, 2016) - ANGKOR GOLD CORP. (TSX VENTURE: ANK) (OTC PINK: ANKOF) ("ANGKOR") is pleased to announce that the Council for the Development of Cambodia (CDC) has granted approval for the certificate of registration on Mesco's Phum Syrung mine. The council consists of all 26 Ministries in Cambodia and is chaired by the Prime Minister. As this process has been formalized and endorsed Read More

  • Barrick Gold Announces Appointment of Mark Hill as Chief Investment Officer

    TORONTO, ONTARIO--(Marketwired - Aug. 30, 2016) - Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "company") today announced the appointment of Mark Hill as Chief Investment Officer, effective September 12. In this newly-created position, Mr. Hill will chair Barrick's Investment Committee, and will ensure a high degree of consistency and rigor is applied to all capital allocation decisions at the company-whether at existing operations, development projects, exploration (both near-mine Read More

  • Sabina Gold & Silver Reports Kitikmeot Inuit Association and Government of Nunavut Ask Federal Minister to Send Back River Gold Project Back to NIRB for Further Consideration

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Sabina Gold & Silver Corp. (TSX:SBB) ("Sabina" or the "Company") provides a permitting update on its Back River Gold Project ("Back River" or the "Project") in Nunavut, Canada. On June 16, 2016, Sabina announced that the Nunavut Impact Review Board ("NIRB" or the "Board") in a Report, recommended to the Minister of Indigenous and Northern Affairs Canada (the "Minister" and Read More

  • Paramount Gold Nevada Commences a Pre-Feasibility Study at Its Recently Acquired Grassy Mountain Gold Project

    WINNEMUCCA, NEVADA--(Marketwired - Aug. 30, 2016) - Paramount Gold Nevada Corp. (NYSE MKT:PZG) ("Paramount" or the "Company") today announced its plans to fast-track a Pre-Feasibility Study ("PFS") for its Grassy Mountain Gold Project located on private land in Oregon. Glen Van Treek, Paramount's President and CEO, said that "the key to creating value for our shareholders in the short term is to complete a PFS in 2017 and Read More

  • Red Eagle Mining continues to advance construction of the San Ramon Gold Mine during Q2 2016

    VANCOUVER, Aug. 30, 2016 /CNW/ - Red Eagle Mining Corporation (TSX-V: RD, OTCQX: RDEMF, SSE-V: RDCL) is pleased to announce financial results for the three and six months ended June 30, 2016 and business highlights to date, including advancements at Red Eagle Mining's San Ramon Gold Mine in Antioquia, Colombia.  Highlights include: Completed private placements of common shares for approximately $20,000,000 (news releases dated April 21, 2016 Read More

  • Santacruz Silver Reports Second Quarter Financial Results

    VANCOUVER, Aug. 30, 2016 /CNW/ - Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the "Company" or "Santacruz") reports on its financial and operating results for the second quarter of 2016 ("Q2").  The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at or on SEDAR at  All financial information is prepared in accordance with IFRS and all Read More

  • Merrex Gold Reports Diakha Diamond Drilling Results including 19 metres averaging 9.28g/t Au at Siribaya Gold Project, Mali

    HALIFAX, NOVA SCOTIA / TheNewswire / August 30, 2016 - Greg Isenor, President and CEO of Merrex Gold Inc., ("Merrex" or the "Company") (TSX Venture: MXI) announces: Highlights 19 holes totaling 6,414 metres completed All completed drill holes intersected gold mineralization Hole 185 - 19 metres of 9.28g/t Au Hole 189 - 18 metres of 6.73g/t Au Hole 179 - 38 Metres of 2.37g/t Au Mineralization extended along strike and down dip Read More

  • Stratton Resources Closes $7 Million Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Stratton Resources Inc. (TSX VENTURE:SI) "Stratton" or the "Company"), is pleased to announce that it has closed its previously announced private placement (see News Release dated August 12, 2016) for $7.0 million by issuing 20,000,000 common shares at a price of $0.35 per share (the "Placement"). The Company intends to use the net proceeds for mineral property acquisitions and general Read More

  • Millrock Purchases Exploration Operations Facility in Stewart Golden Triangle, BC, Canada

    VANCOUVER, BC--(Marketwired - August 30, 2016) - Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") announces it has purchased a 100% interest in an exploration operations facility in the town of Stewart, British Columbia from J. Calder Resources Inc. and Geofine Exploration Consultants. The facility, which consists of a house / office, a large storage garage, and core cutting facility, is situated on eight real estate lots. The facility sits Read More

  • Dynasty Reports Financial Results for the Six and Three Months Ended June 30, 2016

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) announces that it has released its unaudited consolidated financial statements for the six and three months ended June 30, 2016 (the "Financial Statements"). The selected financial information presented herein is qualified in its entirety by, and should be read in conjunction with, the Financial Statements and the related notes thereto Read More

  • Royalty North Partners Increases Size of Previously Announced Private Placement to C$9.5 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES Royalty North Partners Ltd. (TSX VENTURE:RNP) ("RNP" or the "Company") is pleased to announce that it has increased the size of its previously announced private placement. On August 11, 2016, RNP announced that it intended to complete a non-brokered private placement (the "Private Placement") for minimum Read More

  • TMAC Makes Important Permitting Step Forward: Minister Accepts Amendments to Doris North Project Certificate

    TORONTO, ON--(Marketwired - August 30, 2016) - TMAC Resources Inc. (TSX: TMR) ("TMAC" or the "Company") announces that the Honourable Dr. Caroline Bennett, Minister for Indigenous and Northern Affairs Canada, has accepted the recommendation of the Nunavut Impact Review Board ("NIRB") that TMAC's proposed amendments to the Doris North Project be allowed to proceed. This clears the way for the NIRB to finalize the amended project certificate. It Read More

  • TriMetals Mining Intersects Seven oz./t Gold Over 1.5 Metres at Depth and 4 g/t AuEq Over 6.1 Metres in Near-Surface Vein in Thor Vein System Within the Gold Springs Project

    VANCOUVER, BC--(Marketwired - August 30, 2016) - TriMetals Mining Inc. (TSX: TMI) (TSX: TMI.B) (OTCQX: TMIAF) (OTCQX: TMIBF), (the "Company"), is pleased to announce the drill results from 2 ½ holes on the patented Talisman claim located in Nevada close to the Utah border. The first hole intersected very high grade material within a vein system characterized by quartz veins with bladed and banded textures. The vein sits within Read More

  • Comstock Commences RAB Drilling Program on QV Gold Project, Yukon

    VANCOUVER, BC--(Marketwired - August 30, 2016) - Comstock Metals Ltd. (TSX VENTURE: CSL) ("Comstock" or the "Company") is pleased to announce that it has commenced a minimum 2,500 m rotary air blast (RAB) drilling program on its flagship 16,335 hectare QV Gold Project in the prolific White Gold district of the Yukon Territory. The RAB drilling program will focus on testing for extensions along strike to the east Read More

  • Kennady Diamonds Provides Update on North Summer Drill Program

    TORONTO, Aug. 30, 2016 /CNW/ - Kennady Diamonds Inc. ("Kennady Diamonds", the "Company") (TSX-V: KDI) is pleased to provide an update on the summer drilling program on the Kennady North Project. All but one of the latest drill holes completed since the last update dated August 11, 2016 have intersected kimberlite. In this latest round of drilling, Faraday 2 returned a 30.3m intersect of continuous kimberlite, with Read More

  • Lupaka Gold Reports Financial Highlights for the Period Ended June 30, 2016

    Vancouver, British Columbia--(Newsfile Corp. - August 30, 2016) - Lupaka Gold Corp. (TSXV: LPK) (FSE: LQP) ("Lupaka Gold" or "the Company") reports its financial results for the six months ended June 30, 2016. The following is taken from the Company's condensed consolidated interim Financial Statements and Management's Discussion and Analysis for the six months ended June 30, 2016, both of which are filed at under the Company's Read More

  • PotashCorp Confirms Discussions with Agrium Regarding Potential Merger of Equals

    SASKATOON, SK, Aug. 30, 2016 /CNW/ - Potash Corporation of Saskatchewan Inc. (PotashCorp) (TSX: POT) (NYSE: POT) today confirmed that it is in preliminary discussions with Agrium Inc. (TSX: AGU) (NYSE: AGU) regarding a potential merger of equals. No decision has been made as to whether to proceed with such a combination, no agreement has been reached, and there can be no assurance that any transaction will Read More

  • GB Minerals Ltd. Announces Rights Offering

    Vancouver, British Columbia--(Newsfile Corp. - August 30, 2016) - GB Minerals Ltd. (TSXV: GBL) (the "Company") is pleased to announce that is has filed a rights offering notice and a rights offering circular in respect of a rights offering (the "Rights Offering"), pursuant to which each eligible shareholder of the Company ("Shareholder") will receive, for each common share held as at 5:00 p.m. (Toronto time) on September 8, Read More

  • Battle Mountain Gold Begins Drill Program on Schedule at Lewis Gold Project

    Vancouver, British Columbia / TheNewswire / August 30, 2016 - Battle Mountain Gold Inc. ("Battle Mountain" or the "Company") (TSX-V: BMG) advises that further to our news release of July 27, 2016, the Company's diamond drill program at the Lewis Gold Project in Nevada commenced on schedule on August 16, 2016. As of August 29th the first hole, V16C-01, of a planned 12-hole diamond drill-program has been completed to Read More

  • Rupert Resources Exercises Purchase Option on the Pahtavaara Gold Mine in Lapland, Finland

    TORONTO, ONTARIO--(Marketwired - Aug. 30, 2016) - Rupert Resources Ltd. ("Rupert" or the "Company") (TSX VENTURE:RUP), is pleased to announce that it has exercised its option to acquire the Pahtavaara gold mine, mill and exploration permits in Lapland, Finland. "We are very pleased to begin finalizing the purchase of the fully permitted Pahtavaara mine," said Brian Hinchcliffe, Rupert's President and CEO. "In addition to its solid mining infrastructure, Read More

  • Dynasty Metals & Mining Announces Reliance on Financial Hardship Exemption in Respect of Private Placement Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 30, 2016) - Further to its press release of August 16, 2016, Dynasty Metals & Mining Inc. ("Dynasty" or the "Company") (TSX:DMM)(OTCQX:DMMIF) would like to provide additional disclosure concerning elements of the proposed private placement (the "Private Placement") of common shares of the Company (each, a "Share") to Keith Piggott, Javier Reyes and Gregg Sedun (collectively, the "Lead Investors") as well as other Read More

  • Wallbridge Mining Announces Fully-Funded $4.0 Million Exploration Program on Sudbury Joint Ventures

    TORONTO, Aug. 30, 2016 /CNW/ - Wallbridge Mining Company Limited (TSX: WM, FWB: WC7) ("Wallbridge") announces that the Exploration Committees for the Lonmin funded joint ventures in Sudbury have approved programs totalling $3.958 million for approximately 20,000 metres of drilling and other work to start October 1, 2016. The approved programs of joint venture committees are subject to the usual final approval by Lonmin's board of directors. Read More

  • Search Minerals completes 2016 exploration program

    VANCOUVER, Aug. 30, 2016 /CNW/ - Search Minerals Inc. ("Search" or the "Company") (TSXV: SMY), and its wholly-owned subsidiary, Alterra Resources Inc. ("Alterra"), are very pleased to report on the 2016 exploration program on licenses held within the Port Hope Simpson CREE (Critical Rare Earth Element) District in SE Labrador.  Preliminary field results are available from the Fox Meadow REE prospect. HIGHLIGHTS OF FOX MEADOW FIELD PROGRAM Read More

  • TriStar Gold: Drilling for Preliminary Economic Assessment Begins at Castelo de Sonhos Project

    TheNewswire / August 30, 2016 - TriStar Gold Inc. (the "Company" or "TriStar") is pleased to announce the preliminary economic assessment (PEA) phase of drilling at its Castelo de Sonhos (CDS) gold project in Para State, Brazil. Two core drill rigs have been mobilized and are scheduled to arrive at CDS in the coming days, with drilling commencing shortly thereafter. This is the beginning of several months of Read More

  • Castle Peak Plans Drilling on Strong Sampling Results

    Vancouver, British Columbia--(Newsfile Corp. - August 30, 2016) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company"), is pleased to announce that based on the results of the recently completed sampling program at the Akorade Project the Directors of the Company support initial drill evaluation of three prospects. The prospects of interest are within the Akorade Project located in the southern Ashanti Belt, Ghana. The Read More

  • Silver Range Resources Options Up Town Gold Project to Rover Metals

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  • Everton Resources Begins a 1,180 Kilometres Airborne Survey on Its Detour Lake Gold Project, Quebec

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  • New Jersey Mining Company Completes Acquisition of GF&H and Provides Operations Update on Mining Activities at Golden Chest

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  • Western Pacific Announces Settlement of Debt

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  • China Minerals Announces Hearing Dates Set for Legal Action Against Province of BC

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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.


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

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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Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California
Profile: Golden Queen Mining is producing gold and silver at the Soledad Mountain Project located 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 annually... VIEW FULL PROFILE