Resource Sector Headlines

Solvista drills 456 meters of 1.40 g/t AuEq at Caramanta Project in Colombia

Solvista drills 456 meters of 1.40 g/t AuEq at Caramanta Project in Colombia

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

Aureus Mining announces optimized DFS on New Liberty Gold Project

Aureus Mining announces optimized DFS on New Liberty Gold Project

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

GoldQuest shares jump on new drill results from Romero zone at Las Tres Palmas

GoldQuest shares jump on new drill results from Romero zone at Las Tres Palmas

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

Argonaut Gold posts strong Q1 2013 earnings and outlines aggressive growth strategy

Argonaut Gold posts strong Q1 2013 earnings and outlines aggressive growth strategy

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

Mid-tier producers release earnings- once again mixed bag of results

Mid-tier producers release earnings- once again mixed bag of results

May 11, 2013

It was another busy week on Bay Street as mid-tier producers took turns reporting first quarter results for the 2013 year. And much like JMN reported on the majors last week, earnings remained mixed as escalating operating costs and depressed commodity prices continue to take their toll... Read more

Latest News Releases

Bayfield Drills 16.0m of 10.47 g/t Gold and 34.68 g/t Silver on Intrepid Zone in Rainy River, NW Ontario

Bayfield Drills 16.0m of 10.47 g/t Gold and 34.68 g/t Silver on Intrepid Zone in Rainy River, NW Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2013) - Bayfield Ventures Corp. (TSX VENTURE:BYV)(PINKSHEETS:BYVVF)(FRANKFURT:B4N) is pleased to announce additional assays from the continuing exploration of its 100% owned Burns Block gold-silver project located in the Rainy River District of north... Read more

New Millennium Announces New 7.63 Billion Tonnes Resources at Howells Lake - Howells River North Deposit

New Millennium Announces New 7.63 Billion Tonnes Resources at Howells Lake - Howells River North Deposit

CALGARY, ALBERTA--(Marketwired - May 23, 2013) - New Millennium Iron Corp. (TSX:NML) (OTCQX:NWLNF) today announced a resource estimate for its 80% (1) owned Howells River North and 100% owned Howells Lake properties in Newfoundland and Labrador. Data collected from its 2011 drilling campaign (101.0 m ... Read more

EMED Mining Public Limited - Permitting Update

NICOSIA, CYPRUS--(Marketwired - May 23, 2013) - EMED Mining Public Limited (AIM: EMED) (TSX: EMD) AIM: EMED TSX: EMD 23 May 2013 EMED Mining Public Limited ("EMED Mining" or the "Company") Perm... Read more

Primero Announces Closing of Cerro Del Gallo Acquisition

Primero Announces Closing of Cerro Del Gallo Acquisition

TORONTO, ONTARIO--(Marketwired - May 22, 2013) - Primero Mining Corp. ("Primero" or the "Company") (TSX:P) (NYSE:PPP) is pleased to announce the successful completion of the previously announced scheme of arrangement ("Arrangement") under the Australian Corporations Act 2001, whereby Primero has acqui... Read more

Goldeye Sets New Meeting Date to Update By-laws, Adopt New Stock Option Plan, and Re-Affirm Shareholder Rights Plan

Goldeye Sets New Meeting Date to Update By-laws, Adopt New Stock Option Plan, and Re-Affirm Shareholder Rights Plan

TORONTO, ONTARIO--(Marketwired - May 22, 2013) - Goldeye Explorations Limited (TSX VENTURE:GGY) ("Goldeye" or the "Company") wishes to announce that it has changed the date of its annual and special meeting to July 25, 2013 (the "Meeting") to enable it to present to shareholders the following special ... Read more

Ivanhoe Australia Limited: Proposed Company Name Change to Inova Resources Limited

Ivanhoe Australia Limited: Proposed Company Name Change to Inova Resources Limited

MELBOURNE, AUSTRALIA--(Marketwired - May 22, 2013) - Ivanhoe Australia Limited (TSX:IVA)(ASX:IVA) will propose a special resolution at its Annual General Meeting on 28 May 2013 to change the company's name to Inova Resources Limited. The re-naming of the company underlines the significant changes that have occurred over the past year, including Board renewal, the appointment of a ... Read more

Calibre Mining Corp. Announces Results of Annual General and Special Meeting

Calibre Mining Corp. Announces Results of Annual General and Special Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 22, 2013) - Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased to announce that its shareholders have approved all ordinary and special resolutions presented to them at the annual general and special meeting of the Company hel... Read more

Bacanora Finalizes Lithium Farm-in Deal With Rare Earth Minerals Plc on El Sauz and Fleur Lithium Concessions and Commences Diamond Drilling

Bacanora Finalizes Lithium Farm-in Deal With Rare Earth Minerals Plc on El Sauz and Fleur Lithium Concessions and Commences Diamond Drilling

CALGARY, ALBERTA--(Marketwired - May 22, 2013) - BACANORA MINERALS LTD. ("Bacanora" or the "Company") (TSX VENTURE:BCN) is pleased to announce that it has executed formal agreements with Rare Earth Minerals Plc ("REM"), a London Stock Exchange listed company (AIM: REM), pursuant to which it has grante... Read more

Canadian Orebodies Announces Adoption of Advance Notice By-Law

Canadian Orebodies Announces Adoption of Advance Notice By-Law

TORONTO, ONTARIO--(Marketwired - May 22, 2013) - Canadian Orebodies Inc. (TSX VENTURE:CO) ("Canadian Orebodies" or the "Company") is pleased to announce the approval by its board of directors (the "Board") of By-law No. 2, a by-law relating to the nomination of directors (the "Advance Notice By-law").... Read more

vulcan-minerals-inc-acquires-tasisuak-lake-nickel-copper-pge-property-interest

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - Feb. 14, 2013) - Vulcan Minerals Inc. ("the Company" - "Vulcan")(TSX VENTURE:VUL) is pleased to announce it has entered into a letter agreement with Nortec Minerals Corp (Nortec) to acquire Nortec's 51% working interest in the Tasisuak Lake Nickel/Copper/PGE property in northern Labrador. The consideration for the acquisition is 1,000,000 common shares of the Company. Nortec will retain a 1% Net Smelter Return Royalty subject to certain buyout provisions. A formal acquisition agreement is expected to be finalized shortly. Combined with the Company's current 49% working interest in the property, the Company will own a 100% working interest as a result of the acquisition.

The Tasisuak Lake Nickel/Copper/PGE property is situated approximately 50 km northwest of the Voisey's Bay Nickel/Copper mine. Previous work on the property included shallow drilling with encouraging results of up to 14 metres of 1.02% Nickel, 0.51% Copper, 0.03% Cobalt, 0.12% Chromium and 0.35 g/t Platinum Group Elements plus Gold. Many geophysical targets and surface showings remain untested. The mineralization occurs in noritic intrusive rocks within the Tasiyuak gnesis marginal to the Nain Plutonic Suite. The Company plans to commence a detailed compilation and integration of all previous work towards soliciting a joint venture partner and formulating a priority set of drilling targets. The proposed acquisition is subject to TSX Venture Exchange approval.

The Company also announces that it has issued 2,325,000 stock options to Directors, Officers and Employees exercisable at $0.10 for a period of 5 years and vesting over a 2 year period. Shareholders are advised that a Letter to Shareholders has been posted on the Company website www.vulcanminerals.ca and on www.sedar.com. It addresses the current strategy for the Company. The Company is a well capitalized junior explorer with approximately $5 million in cash (inclusive of its subsidiary Red Moon Potash Inc.) and no debt.

Vulcan is a diversified junior exploration company with petroleum and mineral exploration interests in Newfoundland and in Labrador.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. There can be no assurance that forward-looking information will prove to be accurate. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from any conclusions, forecasts or projections described in the forward-looking information. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward- looking information, whether as a result of new information, future events or otherwise.

Shares Issued: 57,526,129

Patrick J. Laracy
President
(709) 754-3186

Gerri A. MacNeil
Business Manager, Investor Relations
(709) 754-3186
This email address is being protected from spambots. You need JavaScript enabled to view it.
www.vulcanminerals.ca

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JMN Exclusive

Ring of Fire activity heating up- Too hot to handle or just what junior resource sector needs?

Ring of Fire activity heating up- Too hot to handle or just what junior resource sector needs?

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

Featured Junior Miner

Golden Queen Mining Ltd.

Exchange/Ticker: TSX/GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California

Golden Queen Mining Ltd. is a mineral development company focused on advancing its 100% owned Soledad Mountain Project. Soledad has a long history of past production that dates back to the early 1900's... Read more