Day: August 7, 2012

Oro Mining Ltd. : Oro Mining Board Reminds Shareholders of its Recommendation to Reject Wexford’s Opportunistic “Lowball” Offer

Oro Mining Ltd is reminding shareholders of its recommendation to reject the opportunistic “lowball” offer by Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, private hedge funds managed and controlled by Wexford Capital LP, to acquire any and all common shares of Oro at a price of $0.11 per common share, which offer is currently set to expire at 5:00 p.m. (Eastern time) on Thursday, August 9, 2012.

Almaden Hits 188.70 Meters 3.3 g/t AuEq (1.32 g/t Au and 97.8 g/t Ag) on Main Ixtaca Zone, Traces Northeast Extension 400 Meters Down Dip

Almaden Minerals Ltd. is pleased to announce further results from the on-going exploration drill program on the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-159, 162, 164, 166 and 168. Holes TU-12-164 and 168 were drilled on section 10+425E into the Main Ixtaca Zone. Holes TU-12-159, 162 and 166 were drilled at 070 degrees on section 50+000N into the Northeast Extension Zone, which trends perpendicular to the Main Ixtaca Zone. The intercepts in holes TU-12-159, 162 and 166, together with previously reported holes on this section show the Northeast Extension to be continuously mineralised over 400 meters downdip. Holes TU-12-164 and 168 on section 10+425E show the presence of variability and high grades in this part of the Main Ixtaca Zone. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Timmins Gold Provides Notice of Q2 2012 Financial Results on August 14, 2012

Timmins Gold Corp. announces that its second quarter financial statements will be released prior to market open on August 14, 2012, followed by a conference call to discuss the results at 11:15 am (EST). Participants may join the call by dialing toll free 1-888-789-9572 (Canada and U.S.) or 1-416-695-7806 (International) with the passcode 5608657. A replay of the call will be available after the call until August 21, 2012, by dialing 1-800-408-3053 (Canada and U.S.) or 1-905-694-9451 (International) with the passcode 4258434. A live and archived audio webcast will also be available at www.timminsgold.com.

Levon Files Updated NI 43-101 Report on SEDAR and Provides Corporate Update

Levon Resources Ltd, is pleased to report that further to the news release of June 19, 2012, it has filed the updated NI 43-101 compliant resource report on Sedar for the Cordero Project in Chihuahua State, Mexico. The resource update was completed by Independent Mining Consultants in collaboration with M3 Engineering and Technology of Tucson, AZ.

All News