Latest News Releases

Hornby Bay Appoints James M. Brady as Interim President and Chief Executive Officer

Hornby Bay Appoints James M. Brady as Interim President and Chief Executive Officer

TORONTO, ONTARIO--(Marketwired - April 23, 2014) - Hornby Bay Mineral Exploration Ltd. (the "Company") (TSX VENTURE:HBE) announces that, due to other time commitments, Maurice Colson has resigned as President and Chief Executive Officer of the Company effective immediately. Mr. Colson is also a member of the board of directors of the Company, an... Read more

Abitibi Royalties Announces Drill Results on Odyssey North Obtained by Osisko of 2.85 g/t Au Over 110 Metres

Abitibi Royalties Announces Drill Results on Odyssey North Obtained by Osisko of 2.85 g/t Au Over 110 Metres

VAL-D'OR, QUEBEC--(Marketwired - April 23, 2014) - Abitibi Royalties Inc. (TSX VENTURE:RZZ) (the "Company" or "Abitibi") and Golden Valley Mines Ltd. (TSX VENTURE:GZZ) are pleased to announce that Abitibi's joint venture partner, Osisko Mining Corporation ("Osisko") today announced the results of its first drill intersection into the Odyssey Nor... Read more

Mediterranean Resources Announces Change to Board of Directors

Mediterranean Resources Announces Change to Board of Directors

VANCOUVER, April 23, 2014 /CNW/ - Mediterranean Resources Ltd. (TSX: MNR; Frankfurt: MHM1) ("MNR" or the "Company") wishes to advise that Alex Gostevskikh has resigned as a director of the Company. The Board would like to thank Mr. Gostevskikh for his services to the Company since 2011 and wishes him well for the future. David Taylor has been appointed as a Directo... Read more

SIRIOS Resources Inc.: Four New Sectors for Prospecting Localized by Geophysics on the Cheechoo Gold Property

SIRIOS Resources Inc.: Four New Sectors for Prospecting Localized by Geophysics on the Cheechoo Gold Property

MONTREAL, QUEBEC--(Marketwired - April 23, 2014) - SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces that the detailed helicopter-borne magnetometric survey declared in February has been completed on the Cheechoo gold property in James Bay, Quebec. The survey allowed the localization of four distinct sectors having similar geophysical characteri... Read more

West Kirkland Completes Acquisition of Hasbrouck and Three Hills Properties from Allied Nevada

West Kirkland Completes Acquisition of Hasbrouck and Three Hills Properties from Allied Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 23, 2014) - Further to its press release of January 27, 2014, West Kirkland Mining Inc. (TSX VENTURE:WKM) ("West Kirkland", "WKM" or the "Company") is pleased to announce that its subsidiary, WK Mining (USA) Ltd. ("WK Mining (USA)"), has completed its acquisition of an initial 75% interest in the... Read more

Cordoba Minerals to File for TSX-V Approval of a 2:1 Share Consolidation

Cordoba Minerals to File for TSX-V Approval of a 2:1 Share Consolidation

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 23, 2014) - Cordoba Minerals Corp. (TSX VENTURE:CDB) ("Cordoba" or the "Company") reports that it will immediately be seeking TSX Venture Exchange approval of the consolidation of the Company's issued and outstanding share capital. The currently outstanding common shares of Cordoba (the "Common S... Read more

Heatherdale closes $1.1 million non-brokered financing

Heatherdale closes $1.1 million non-brokered financing

VANCOUVER, April 23, 2014 /CNW/ - Heatherdale Resources Ltd. ("Heatherdale" or the "Company") (TSXV:HTR) announces that it has completed a private placement of approximately 16 million units in its capital at a price of $0.07 per unit for gross proceeds of approximately $1.1 million. Each unit consists of one common share and one warrant, with each warrant exerci... Read more

St. Elias Mines Ltd. - Private Placement

Vancouver, B.C. / TNW-ACCESSWIRE / April 23, 2014 / St. Elias Mines Ltd. (SLI-TSX-V) announces a non-brokered private placement of up to 5,000,000 units at a price of $0.05 per unit, for total proceeds of up to $250,000. Each unit will consist of one common share of the Company and one non-transferable share purchase warrant. Each warrant will en... Read more

Superior Copper Announces $3,250,000 Best Efforts Non-Brokered Private Placement

Superior Copper Announces $3,250,000 Best Efforts Non-Brokered Private Placement

TORONTO, ONTARIO--(Marketwired - April 23, 2014) - Superior Copper Corporation ("Superior Copper" or "the Company") (TSX VENTURE:SPC) is pleased to announce that it intends to complete a best efforts non-brokered private placement financing of hard dollar units ("HD Units") at a price of $0.10 per HD Unit, and flow-through common shares ("FT Sha... Read more

Jaguar Mining Announces Implementation of Plan of Compromise and Arrangement

Jaguar Mining Announces Implementation of Plan of Compromise and Arrangement

TSX:JAG TORONTO, April 23, 2014 /CNW/ - Jaguar Mining Inc. ("Jaguar" or the "Company") is pleased to announce today that it has successfully implemented its amended and restated plan of compromise and arrangement pursuant to the Companies' Creditors Arrangement Act (Canada) ("CCAA") dated February 5, 2014 (as amended, the "Plan") with an implementation date of Apr... Read more

Trinity Appoints New Director

Trinity Appoints New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 23, 2014) - Trinity Valley Energy Corp. (TSX VENTURE:TE) (The "Company") is pleased to announce the appointment of Mr. Jerry A. Minni, CGA, to its board of directors. Mr Minni is a Certified General Accountant and has been CEO of the Mcorp Investment Group since 1992. The Mcorp Investment... Read more

Red Eagle Mining Corp. (TSX.V: RD) announced results Tuesday from its ongoing drill program at the company’s 100% owned Santa Rosa Gold Project in the Antioquia Department of Colombia.

The current drill campaign at Santa Rosa is focused on the San Ramon deposit and will span over 22,000 meters in length once completed later this month.

Highlighted intercepts from the 14 additional holes released yesterday included 24 meters of 9.03 g/t gold in SR-215, including 0.70 meters of 109.20 g/t gold, and 6 meters of 9.83 g/t gold in SR-219, which included 1.4 meters of 36 g/t gold.

“Our infill drilling programme to 250m depth is now complete and has confirmed continuity of strong gold mineralisation within the extent of a potential open pit at San Ramon," said Red Eagle Vice President of Exploration Jeff Toohey.

Current National Instrument (NI) 43-101 resource estimates at San Ramon include 322,000 ounces of gold in the indicated category and 456,000 ounces of gold in the inferred category.

Red Eagle expects to incorporate data from the current drill program and release an updated NI 43-101 mineral resource estimate in July.  Because drilling is being done on 50-meter centers, it’s likely the inferred resource will be upgraded to the indicated category in the upcoming resource estimate.

Additional assay data from the 22,000 meters of drill core is also likely to increase the overall tonnage and grade of the deposit.

The Santa Rosa Project is 30 kilometers west of AngloGold Ashanti’s (NYSE: AU) 3.6 million ounce Gramalote gold deposit and 40 kilometers east of Continental Gold’s (TSX: CNL) 5.4 million ounce Buritica gold deposit.

Red Eagle has focused on fast tracking the deposit towards production. The company is pushing to announce results of both a preliminary economic assessment (PEA) and environmental impact assessment (EIA) by Q4 2013.

Shares of the company are traded on the TSX Venture under the ticker symbol RD. Red Eagle has 58 million shares outstanding and cash equivalents of $12 million. Shares of the company are down sharply year-to-date and market cap now stands at just under $18 million.

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