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Falco Pacific Files NI 43-101 Technical Report on Horne 5 Deposit

Falco Pacific Files NI 43-101 Technical Report on Horne 5 Deposit

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) - Falco Pacific Resource Group Inc. ("Falco Pacific" or the "Company") (TSX VENTURE:FPC) is pleased to announce that it has filed a technical report in accordance with National Instrument 43-101, entitled, "Technical Report and Mineral Resource Estimate for the Horne 5 Deposit" (the "Te... Read more

Marlin Gold Files Amended and Restated Preliminary Prospectus for Equity Offering

Marlin Gold Files Amended and Restated Preliminary Prospectus for Equity Offering

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) Marlin Gold Mining Ltd. (TSX VENTURE:MLN) ("Marlin" or the "Company") announces that the Company has filed an amended and restated preliminary prospectus (the "Amended Prospectus") in all of the provinces of Canada (other than Québec), which amends the preliminary prospectus of the Company filed on April 2, 2014. The amendments include the proposed pricing of the common s... Read more

Anthem United Inc. (Formerly Turnberry Resources Ltd.) Completes Reverse Take-Over and $5 Million Financing

Anthem United Inc. (Formerly Turnberry Resources Ltd.) Completes Reverse Take-Over and $5 Million Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) - Anthem United Inc. (formerly Turnberry Resources Ltd.) (TSX VENTURE:TUR) ("Turnberry" or, the "Company"), is pleased to announce the closing of its previously announced reverse take-over transaction ("RTO") with a private company that was previously called Anthem United Inc. Pursuant to the RTO, the Company acquired all of the issued and outstanding securities of A... Read more

Northern Superior Responds to Government of Ontario's "Fresh as Amended" Statement of Defence

Northern Superior Responds to Government of Ontario's "Fresh as Amended" Statement of Defence

SUDBURY, ONTARIO--(Marketwired - April 17, 2014) - Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSX VENTURE:SUP) received on April 15, 2014 the Government of Ontario's ("Ontario") revised Statement of Defence in response to the Company's $110 million lawsuit against Ontario for failure to consult with First Nations. ... Read more

IEMR Announces Loans, Amendment to Outstanding Loan with Related Party and Convertible Note Financing with Related Party

IEMR Announces Loans, Amendment to Outstanding Loan with Related Party and Convertible Note Financing with Related Party

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) - Promissory Notes IEMR Resources Inc. (TSX VENTURE:IRI) ("IEMR" or the "Company") wishes to announce that it has issued two promissory notes (the "New Notes") in respect of loans (the "New Loans") made to the Company by International Energy and Mineral Resources Invest... Read more

Mediterranean Resources Ltd's. Status on Delay in Reporting of Annual Financial Results and Annual Information Form

Mediterranean Resources Ltd's. Status on Delay in Reporting of Annual Financial Results and Annual Information Form

VANCOUVER, April 17, 2014 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR) (Frankfurt: MHM1) ("MNR" or the "Company") wishes to advise that because of delays in completing its audited financial statements for the year ended December 31, 2013, its management's discussion and analysis relating to the financial statements, the CEO and CFO certificates and the Annual Inform... Read more

High North Resources Announces Updated Reserves Numbers From GLJ Petroleum Consultants

High North Resources Announces Updated Reserves Numbers From GLJ Petroleum Consultants

CALGARY, ALBERTA--(Marketwired - April 17, 2014) - High North Resources Ltd. (TSX VENTURE:HN) (the "Company" or "High North") is pleased to announce that GLJ Petroleum Consultants Ltd. ("GLJ") has completed a report dated April 7, 2014, on the reserves attributed to the Company's Girouxville property, located in north-west Alberta, Canada, effective March 31, 2014 (the "GLJ Report"). The GLJ Report was prepared in accordance ... Read more

Century Files NI 43-101 Technical Report for its Joyce Lake DSO Project

Century Files NI 43-101 Technical Report  for its Joyce Lake DSO Project

TORONTO, CANADA--(Marketwired - April 17, 2014) - Century Iron Mines Corporation ("Century" or "Century Iron" or the "Company") (TSX:FER) announced today that subsequent to its news release dated March 3, 2014, it has filed a National Instrument 43-101 Technical Report on SEDAR for its Joyce Lake DSO Project. This NI 43-101 report represents a 143% increase in the measured and indicated resource estimate for the Joyce Lake DS... Read more

Golden Dawn Drops Tam O' Shanter Property

Golden Dawn Drops Tam O' Shanter Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) - Wolf Wiese CEO of Golden Dawn Minerals Inc. (the company) (TSX VENTURE:GOM)(FRANKFURT:3G8A) reports due to the lack of funding opportunities for low grade bulk tonnage Gold deposits, the company has made decision to relinquish its option agreement for the Tam O' Shanter property on it... Read more

Hecla Receives Reclamation Award

April 17, 2014 04:30 PM Eastern Daylight Time COEUR D’ALENE, Idaho--(BUSINESS WIRE)--Hecla Mining Company (NYSE:HL) is pleased to announce receiving the 2013 Excellence in Hard Rock Mine Reclamation Award from the Colorado Mine Land Reclamation Board. The award was presented at the 116th National Western Mining Conference ... Read more

Scorpio Gold Reports Fourth Quarter and Provides Year-End Financial Results for 2013

Scorpio Gold Reports Fourth Quarter and Provides Year-End Financial Results for 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 17, 2014) - Scorpio Gold Corporation ("Scorpio Gold" or the "Company") (TSX VENTURE:SGN) is pleased to announce its financial results for the fourth quarter ("Q4") and year ended December 31, 2013. This press release should be read in conjunction with the Company's consolidated financial statemen... Read more

Veris Gold Corp. (TSX: VG) and Klondex Mines Ltd. (TSX: KDX) jointly announced on Tuesday that both parties have entered into a mutually beneficial toll milling agreement.

Terms of the agreement call for Veris Gold to take delivery of non-refractory gold ore that will be direct shipped from Klondex Mine’s Fire Creek Gold Mine beginning in Q3 2013.

The Fire Creek Gold mine, which is 100% owned by Klondex Mines and located in Lander County, Nevada in the Battle Mountain gold trend, contains a National Instrument (NI) 43-101 mineral resource estimate of 1.6 million ounces of gold in the indicated category as well as 460,000 ounces in the inferred category.

Veris Gold, which operates the Jerritt Canyon Mine and Mill in Elko County, Nevada, has agreed to take delivery of ore from Klondex in exchange for a toll milling fee of $148.50 per short ton. Klondex has also agreed to provide an upfront payment, which will be credited against future fees, to assist Veris in refurbishing the wet mill circuit at Jerritt Canyon.

"The Nevada team delivers another important milestone for Klondex; the group has a reputation of consistently delivering and this is another great example, said Klondex President and CEO Paul Huet. “2013 is a pivotal year for us as we continue to de-risk the Fire Creek asset. The excavation of the secondary egress, necessary to begin our bulk sampling, is now 20% complete and is on-track to be commissioned mid-June, 2013. Now, through this milling agreement with Veris Gold, we have a place to process mineralized material from Fire Creek.”

Veris Gold COO Randy Reichert added: “This second toll milling agreement adds to our third party ore processing revenue stream and provides an excellent additional source of ore as the Klondex team ramps up their mining operations into 2014. This agreement will further reduce our costs by making use of the excess capacity at the Jerritt Canyon Mill when we begin processing the Fire Creek ore in the third quarter of 2013. We look forward to working with yet another gold producing neighbour in Nevada.”

The mineral processing operations at Jerritt Canyon are unique in that it is one of only three mills in Nevada that can effectively process high refractory ores, such as those that will be shipped from the Fire Creek mine.

Refractory material represents un-oxidized ores hat are not amenable to conventional cyanide extraction techniques. The mills at Jerritt Canyon utilize a roasting circuit process that effectively treats refractory ores so that the precious metals can be recovered.

Shares of Veris Gold gained 3% during Tuesday’s session to close at $1.71 per share while Klondex Mines slipped -8.7% to close at $1.05 per share.

Veris Gold is traded on the TSX under the ticker symbol VG. Veris has 107 million shares outstanding and a market cap of $184 million.

Klondex Mines is also traded on the TSX under the ticker symbol KDX. Klondex has 55 million shares outstanding and a market cap of $58 million.

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