Latest News Releases

Premier Gold identifies prospective open pit targets near Hardrock

Premier Gold identifies prospective open pit targets near Hardrock

Shares Issued: 151,496,475 THUNDER BAY, ON, April 23, 2014 /CNW/ - PREMIER GOLD MINES LIMITED (TSX:PG) is pleased to announce that it will begin exploration to test the Bankfield West and Viper target areas, two highly prospective open pit target areas along strike from the Company's 100%-owned Hardrock Project that is host to the multi-million ounce Hardrock ope... Read more

Red Eagle Mining Continues to Advance the San Ramon Gold Deposit During 2013

Red Eagle Mining Continues to Advance the San Ramon Gold Deposit During 2013

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 23, 2014) - Red Eagle Mining Corporation (TSX VENTURE:RD)(OTCQX:RDEMF) is pleased to announce financial results for the year ending December 31, 2013 and business highlights to date, including advancements at Red Eagle Mining's San Ramon Gold Deposit in Antioquia, Colombia. 2014 work pro... Read more

Troy Secures A$100 Million Facility From Investec to Complete Funding Requirements for the Karouni Gold Project in Guyana

Troy Secures A$100 Million Facility From Investec to Complete Funding Requirements for the Karouni Gold Project in Guyana

PERTH, WESTERN AUSTRALIA--(Marketwired - April 23, 2014) - NOT FOR RELEASE TO UNITED STATES NEWSWIRE SERVICES Gold producer Troy Resources Limited (TSX:TRY)(ASX:TRY) (Troy or Company) is pleased to announce that it has signed a Mandate Letter and Term Sheet with Investec Bank (Investec) for the provision of a Revolving Corporate... Read more

Newcrest Mining Limited - Quarterly Report for the three months ending 31 March 2014

Newcrest Mining Limited - Quarterly Report for the three months ending 31 March 2014

MELBOURNE, Australia, April 23, 2014 /CNW/ - Newcrest Mining Limited (ASX: NCM) - Quarterly Report for the three months ending 31 March 2014 (these figures are unaudited) Key Points Quarterly gold production of 551,590 ounces Quarterly copper production of 21,012  tonnes Average realised gold price for the quarter of A$1,450/oz Group All-In Sustaining Cos... Read more

Newcrest Mining Limited - Managing Director and Chief Executive Officer's Transition Timing

Newcrest Mining Limited - Managing Director and Chief Executive Officer's Transition Timing

MELBOURNE, Australia, April 23, 2014 /CNW/ - Newcrest Mining Limited (ASX: NCM) ("Newcrest") today announced the appointment of Sandeep Biswas as Managing Director and Chief Executive Officer, which will take effect on 4 July 2014. As previously announced, Mr Biswas commenced with Newcrest on 1 January 2014 as Chief Operating Officer and as an Executive Director... Read more

Madison Minerals Receives TSX Venture Exchange Conditional Approval for Reverse Takeover Acquisition of Battle Mountain Gold Inc.

Madison Minerals Receives TSX Venture Exchange Conditional Approval for Reverse Takeover Acquisition of Battle Mountain Gold Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2014) - Madison Minerals Inc. ("Madison" or the "Company") (TSX VENTURE:MMR)(OTCQB:MMRSF) is pleased to announce that the TSX Venture Exchange (the "Exchange") has granted conditional acceptance ("Exchange Conditional Approval") to Madison for the proposed reverse takeover transaction with Ba... Read more

Cangold Re-Prices Non-Brokered Financing

Cangold Re-Prices Non-Brokered Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 22, 2014) - CANGOLD LIMITED (TSX VENTURE:CLD) (the "Company") announces that it is amending the pricing of the non-brokered private placement announced on February 24, 2014. Due to softening market conditions, the financing will now consist of up to 7,500,000 units at a price of $0.10 per unit wi... Read more

Catalyst Copper Appoints New Director

Catalyst Copper Appoints New Director

Trading Symbol: CCY VANCOUVER, April 22, 2014 /CNW/ - Catalyst Copper Corp. ("Catalyst" or the "Company") (TSX VENTURE:CCY) announces that Matthew Lawson, CA has been appointed as a director of the Company. About Catalyst Copper: Catalyst Copper Corp. is a copper and base metal company with a focus on copper mining projects in Mexico. Our current focus is th... Read more

Marengo Appoints New Chief Executive Officer

Marengo Appoints New Chief Executive Officer

PERTH, WESTERN AUSTRALIA--(Marketwired - April 22, 2014) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Marengo Mining Limited ("Marengo" or the "Company") (TSX:MRN)(ASX:MMC)(POMSoX:MMC) is pleased to announce the appointment of current Director, Mr. Pieter Britz, as Chief E... Read more

Manado Closes Tranche 1 of Private Placement

Vancouver, BC /T NW-ACCESSWIRE / April 22, 2014 / Manado Gold Corp. ("Manado") (TSX-V: MDO) is pleased to announce that it has closed the first tranche of its previously announced private placement financing (see news release dated March 27, 2014) by issuing 1,500,000 units at a price of $0.05 per unit for gross proceeds of $75,000. Each... Read more

Lundin Mining to Release First Quarter 2014 Results Tuesday, April 29, 2014

Lundin Mining to Release First Quarter 2014 Results Tuesday, April 29, 2014

TORONTO, ONTARIO--(Marketwired - April 22, 2014) - Lundin Mining Corporation ("Lundin Mining" or the "Company") (TSX:LUN)(OMX:LUMI) announces that the report for the first quarter period ended March 31, 2014 will be published after the close of the trading day in Toronto on Tuesday, April 29, 2014. The Company will hold a telephone conf... Read more

Armistice Resources Corp. (TSX: AZ) and QMX Gold Corp. (TSX: QMX) jointly announced this morning that the companies have entered into a milling agreement.

Terms of the deal call for QMX to utilize its Aurbel Gold Mill facilities in the Val-d’-Or township of Quebec to process ore produced from Armistice’s McGarry Gold Mine operations in the Kirkland Lake district.

Armistice has begun preparing an initial shipment of 10,000 tonnes of ore and will subsequently deliver a minimum of 5,000 tonnes per month over the course of the next year.

“The custom milling agreement with QMX complements our plan to construct our own gold processing plant for the McGarry mine in the future by establishing a mutually beneficial arrangement to address our immediate and medium-term processing requirement,” said Armistice President and CEO Todd Morgan.

Added QMX President and CEO Francios Perron: “QMX has found a well-timed opportunity to partner with Armistice under this custom milling arrangement. In the last two years, the Mill has seen a number of improvements under the Lac Herbin Turnaround Plan but was still being underutilized. We are now able to supplement our own production with the ore delivered by Armistice to optimize our operations while also generating additional cash flow for the company.”

Armistice operates the McGarry Gold Mine within the Kirkland Lake district of Ontario. Project infrastructure consists of three compartment vertical shafts reaching a depth of 700 meters. The McGarry deposit contains a National Instrument (NI) 43-101 mineral resource estimate of 109,000 ounces of contained gold in the indicated category.

Meanwhile QMX (formerly Alexis Minerals) uses the Aurbel Gold Mill to process ore produced from its Lac Herbin mining operations. The company acquired the mill in 2009 as part of acquisition of Garson Gold Corp. and invested over $36 million in upgrades before re-opening the mill in March 2010.

Today’s announcement is a win-win for both sides as Armistice gains immediate access to a streamlined processing system without the need for a large capital investment and time requirement, while QMX can instantaneously fill excess capacity at its Aurbel Mill while generating additional revenues that will add directly to the bottom line.

Shares of Armistice and QMX are traded on the TSX under the ticker symbol AZ and QMX, respectively.

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