Northern Superior Announces Board Appointments and the Release of Financial and Operating Results

Northern Superior Resources Inc. announced the appointment of Arnold Klassen and Roland Horst to the Company’s Board of Directors and the release of its financial and operating results for the first six months and second quarter of 2008, with the Company’s management’s discussion and... Read more..

Probe Mines Intersects Peridotite on McFauld’s West

The Directors of PROBE MINES LIMITED announced that a total of eight holes have been completed during first-phase drilling on the Company’s 100%-owned McFauld’s West property in the James Bay Lowlands. Ultramafic intrusive rock was intersected in three of the eight holes, and represent three... Read more..

High River Gold Announces Strategic Investment Transaction With Alfa Group

High River Gold Mines Ltd. announced that it has entered into an arms-length strategic investment agreement with Veromart Securities Inc., an indirect wholly-owned subsidiary of the Alfa Group Consortium (the “Alfa Group”) which is one of Russia’s largest privately-owned financial/industrial... Read more..

Sage Exploration Update: Beardmore Geraldton Gold Camp

Sage Gold Inc is pleased to provide an update on its exploration activities in the Beardmore – Geraldton Gold Camp (BGGC) in Ontario. The BGGC near Thunder Bay in northern Ontario has historically produced over four million ounces of gold. Sage is one of the most active exploration companies in... Read more..

Royal Gold to Acquire Barrick Gold’s Royalty Portfolio

ROYAL GOLD, INC., the leading precious metals royalty company, announced that it has entered into a definitive agreement to acquire a portfolio of royalties from Barrick Gold Corporation (”Barrick”) for net cash consideration of $150 million and a restructuring of certain Royal Gold royalty... Read more..

Mechel Announces Continuation of Emergency Operations at Its Southern Kuzbass OAO Subsidiary’s Lenin Mine

Mechel OAO, one of the leading Russian mining and metals companies, announces that emergency works are being continued at its Lenin Mine, part of Mechel’s Southern Kuzbass OAO subsidiary. As previously announced, the alarm on the flash of methane in the face 0-6-1-13 of the mine’s section... Read more..

Crowflight Finalizes Metals Price Protection Requirements for Debt Facility

CROWFLIGHT MINERALS INC. announced that it has begun drawing down on the $45 million Final Tranche Loan of its debt facility being used to fund development of the Bucko Lake Nickel Project near Wabowden, Manitoba. Of the $45 million, $15.3 million will be used to pay the $15 million bridge facility plus... Read more..

Nuinsco Resources Limited Completes $1.09 Million Flow-Through Financing

Nuinsco Resources Limited announces that it has completed a $1.09 million non-brokered private placement financing. Gross proceeds of $1.09 million were received in consideration of the issuance of 3,633,333 common shares of the Company issued on a “flow-through basis” (each, a “Flow-Through... Read more..

Rockcliff’s Drill Program Commences at the Snow Lake VMS Project

Rockcliff Resources Inc. is pleased to announce that a 15,000m drill program is underway on its Snow Lake VMS Project located in central Manitoba. The second phase of drilling on the project has commenced at the Rail Property. Rockcliff’s initial drilling and geophysical programs at Rail identified... Read more..

Metals Creek Resources Corp. Provides an Update on Its Newfoundland Properties

Metals Creek Resources Corp. is pleased to provide the following update on its Newfoundland properties. Staghorn Option: Assay results were received from recent prospecting on the Corporation’s optioned Staghorn Property located in the Wood Lake area in west central Newfoundland. As previously... Read more..