Category: Investor’s Corner

Quaterra Closes C$2.48 Million Financing With Goldcorp

VANCOUVER, BRITISH COLUMBIA, Apr 12, 2012 (MARKETWIRE via COMTEX) — Quaterra Resources Inc. today announced that the NYSE Amex and TSX Venture exchanges have approved the purchase of 4,000,000 common shares of the Company at a price of C$0.62 per share by Goldcorp Inc., raising a total of C$2.48 million.

Mammoth Appoints New CEO

Mammoth Resources Corp. is pleased to announce the appointment of Mr. Thomas Atkins as President and Chief Executive Officer of the Company effective immediately. Mr. Atkins is an accomplished mining executive who has successfully lead exploration and development projects throughout the Americas over the past 28 years. He has an extensive background in mineral exploration, investment banking, investor relations, executive management and corporate governance. Mr. Atkins was formerly the CEO of such companies as Rockex Ltd. (now Rockex Mining, a TSX listed iron ore exploration company), Castle Gold Corp. (a Mexican and Guatemalan gold producing company acquired in 2010 by Argonaut Gold Inc. (a TSX listed gold producer)) and Crowflight Minerals Inc. (a TSX listed nickel mining company).

Capstone 2012 First Quarter Production Results

Capstone Mining Corp. today announced its operating results for the three months ended March 31, 2012 for its two operating mines, Cozamin and Minto. Combined production totalled 18.6 million pounds of copper in concentrates with additional by-products of lead, zinc, silver and gold.

Yale Reports on AGM

Yale Resources Ltd. (TSX-V – YLL and Frankfurt – YAB) is pleased to report that all resolutions were passed at its Annual General Meeting held on April 10, 2012. The Board of Directors and management would like to thank all shareholders for their support and confidence.

Mercator Minerals Reports First Quarter 2012 Production Results

Mercator Minerals Ltd. is pleased to announce the production results for the three months ended March 31, 2012 from its wholly-owned Mineral Park Mine in Arizona. Production for the quarter totalled 20.1 million pounds of copper equivalent(i), which consisted of 9.9 million pounds of copper in concentrates and cathode copper, 2.3 million pounds of molybdenum and 211,431 ounces of silver.

Quaterra Provides Corporate Update

VANCOUVER, BRITISH COLUMBIA, Apr 10, 2012 (MARKETWIRE via COMTEX) — Quaterra Resources today provided a corporate update including anticipated timing for the completion of work on projects listed below.

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