May 23, 2013
Primero Mining Corp. (TSX: P) announced late Wednesday that the company has completed acquisition of the Cerro del Gallo Project from Cerro Resources NL in an all stock deal valued at $119 million. Cerro Resources NL holds a 69% interest in the Cerro del Gallo Project... Read more
May 22, 2013
Shares of Solvista Gold Corp. (TSX.V: SVV) are up 54% over the last two trading sessions after the company announced results Tuesday from its recently completed 8,000 meter core drill program. Investors took notice after Solvista reported that drilling intercepted 456 meters of 1.40 g/t gold... Read more
May 21, 2013
Aureus Mining Inc. (TSX: AUE) released an updated definitive feasibility study (DFS) Tuesday on its 100% owned and fully permitted New Liberty Gold Project located in the country of Liberia. The updated DFS increases average annual gold production during the first six years of operation to... Read more
May 17, 2013
Shares of the once high flying GoldQuest Mining Corp. (TSX.V: GQC) gained 25% on Thursday after the company released new drill results from its 100% owned Las Tres Palmas Project in the Dominican Republic. GoldQuest closed Thursday’s trading session up $0.08 to close at $0.38 per... Read more
May 15, 2013
Shares of Argonaut Gold Inc. (TSX: AR) jumped 6% Tuesday after the company reported strong Q1 2013 earnings. First quarter gold production totaled 28,900 ounces and the company generated revenue of $43.1 million on sales of 25,441 ounces of gold. Production output for the quarter represented... Read more
TORONTO, ON/MARSEILLE, France, May 23, 2013 /CNW/ - Foraco International SA (the "Company" or "Foraco"), a leading global provider of mineral drilling services, held its general shareholders' meeting yesterday in Marseille (France). The Shareholders' meeting of Foraco International SA, voted at a majority of 99.78% a ... Read more
MELBOURNE, Victoria, May 23, 2013 /CNW/ - Newcrest confirms that following a Land and Environment Court judgment of 17 May 2013, Newcrest's Exploration Licence (EL) 3856 in the Cadia district of NSW continues to have full effect and remains in Newcrest's ownership. EL 3856 is an exploration tenement that is separate fr... Read more
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2013) - Eagle Star Minerals Corp., (TSX VENTURE:EGE)(PINKSHEETS:ELGSF)(FRANKFURT:E6R) ("Eagle Star" or "the Company") is pleased to announce that its shareholders have approved all resolutions presented to them as part of the Company's Annual and Ext... Read more
OAKVILLE, ON, May 23, 2013 /CNW/ - Giyani Gold Corp. (TSXV: WDG) ("Giyani Gold") confirms that all necessary approvals relating to Prospecting Right LP306PR (Louis Moore) and Prospecting Right LP310PR (Klein Letaba-Frankie, Horseshoe and Birthday) have been received from the South African Department of Mineral Resources... Read more
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2013) - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE:PGK) is pleased to announce gold and silver assay results from 11 diamond drill holes from Imwauna Main Structure. Several holes in Table #2 were previously announced on March 12... Read more
VAL-D'OR, QUEBEC--(Marketwired - May 23, 2013) - Cartier Resources Inc. (TSX VENTURE:ECR) is pleased to announce the execution of a letter of agreement with Weststar Resources Corp. ("Weststar") regarding an option to earn up to a 80% undivided interest in the Diego property composed of 53 mining clai... Read more
Vancouver, British Columbia - May 23rd, 2013 - Pacific Potash Corporation (TSX-V: PP; OTCQX: PPOTF; FSE: P9P, "the Company") is pleased to announce that the Company has completed, subject to regulatory a... Read more
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2013) - El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE:ELS)(FRANKFURT:5RT)(OTCQX:EGRTF) is pleased to report that the final five drill hole assay results from the 2013 drilling program have been received. A total of 38 core holes we... Read more
LONGUEUIL, QUÉBEC--(Marketwired - May 23, 2013) - Bear Lake Gold Ltd. (the "Company") (TSX VENTURE:BLG) announces that between May 2012 and March 2013, Gold Fields Abitibi Exploration Corporation ("Gold Fields") spent just over $5 million in exploration on the Larder Lake Project, therefore satis... Read more
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA--(Marketwire - Feb. 14, 2013) - Platinum Group Metals Ltd. (TSX:PTM)(NYSE MKT:PLG) ("Platinum Group" or the "Company") reports that at the end of the business day today in South Africa it has received a Notice under Section 54 of the Mine Health and Safety Act (1996) requiring it to stop its operations and comply with various instructions, and as a result all work at the WBJV Project 1 (Maseve) site has stopped with immediate effect pending compliance with the instructions in the notice and upliftment of the notice by the principal inspector of mines.
The Company and its contractors are working diligently to satisfy the requirements of the Section 54 order so that work can resume.
Safety has been the number one priority of the Company since commencement of the construction of the WBJV Project 1 (Maseve) mine. A thorough investigation of the recent incident will be completed with the objectives of finding the causes of the incident and improving safety going forward.
About Platinum Group Metals Ltd.
Platinum Group is building the WBJV Project 1 Platinum mine in the Western Limb of the Bushveld Complex, South Africa. The Company owns 74% of the WBJV Project 1 Mine and 26% is owned by Wesizwe which is controlled by Jinchuan of China.
Platinum Group is listed as PLG on the NYSE MKT and PTM on the TSX in Toronto.
On behalf of the Board of Platinum Group Metals Ltd.
R. Michael Jones
This press release contains forward-looking information within the meaning of Canadian securities laws and forward-looking statements within the meaning of U.S. securities laws ("forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Although the Company believes the forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors including risk factors described in the Company's Form 40-F annual report, annual information form and other filings with the SEC and Canadian securities regulators, which may be viewed at www.sec.gov and www.sedar.com, respectively.
The Toronto Stock Exchange and the NYSE MKT have not reviewed and do not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.
112.28 (-0.88%) 9.31 (-0.99%)
When someone mentioned the term ‘Ring of Fire’ in the past it was typically associated with volcanic activity outlining the Pacific Ocean. Being that this area is home to roughly 75% of the world's active and dormant volcanoes, the name seemed fitting. Over the last decade however the term Ring of Fire has been given a new... Read more
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Exchange/Ticker: TSX.V/BAR Balmoral Resources Ltd. is a gold exploration and development company focused on creating shareholder value through the acquisition, aggressive exploration and development of gold projects in major districts of North America... Read more |
