Cream Minerals Ltd. is pleased to announce a new discovery at Nuevo Milenio. Drill hole VT 07-11, an exploration drill hole, oriented NE from the higher grade Veta Tomas vein, intercepted three previously unknown quartz zones with the widest being 4.46 metres. These quartz veins are within a broader intercept of approximately 72 metres.
Golden Goliath is pleased to report that preparatory work is underway for exploration programs to be conducted on two of the Company’s properties, in addition to the ongoing exploration program on Nopalera. All properties are 100% owned by the Company.
Wealth Minerals Ltd. is pleased to report, the acquisition of an option to acquire the Valsequillo Silver project, southern Chihuahua state, Mexico. The property is located approximately 40 kilometres southeast of the city of Hidalgo Del Parral within the pre-eminent Altiplano Polymetallic Belt of north-central Mexico. Initial reconnaissance work has identified two significant northwest trending structural corridors characterized by extensive artisanal workings, en echelon and segmented precious and base metal bearing vuggy quartz-sulphide (pyrite, galena, sphalerite and chalcopyrite) veins and a broad colour anomaly (gossan). The mineral-alteration system(s) identified to date remain open for expansion in all directions.
Bell Copper Corporation is pleased to announce a brokered private placement by D&D Securities Inc. to raise up to $2,000,000 on a best efforts basis. Pursuant to the Financing, the Company will offer for sale through the Agent up to 25 million units at a price of $0.08 per Unit, with each Unit consisting of one common share and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.12 for a period of 18 months from the closing date of the Financing.
ALBUQUERQUE, N.M., Feb 09, 2012 (BUSINESS WIRE) — Santa Fe Gold Corporation is pleased to announce the financial results for its 2012 fiscal first half ending December 31, 2011.
First Point Minerals Corp. is pleased to announce that it has received conditional approval for its common shares to be listed on the Toronto Stock Exchange subject to customary deliverables. First Point’s common shares will commence trading on the TSX, once final approval is received, under the symbol “FPX”.
ista Gold Corp. is pleased to announce that it has entered into an Earn-in Right Agreement with Mexico-based Invecture Group, S.A. de C.V. with respect to Vista’s Concordia gold project in Baja California Sur, Mexico. Invecture is the owner of Frontera Copper Corporation, which owns and operates the Piedras Verdes Copper Mine in the Mexican State of Sonora. A conference call with management to discuss this transaction is scheduled for Monday, February 13, 2012 at 11:00 a.m. MST.
Corex Gold Corp. is pleased to announce a non-brokered private placement of up to 8,333,333 units at a price of $0.18 per unit, for aggregate gross proceeds of up to CDN $1,500,000. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will be exercisable by the holder to acquire one additional common share at a price of $0.30 for 24 months from Closing. The Warrants are subject to an accelerated expiry which comes into effect once the shares trade above a weighted average price of $0.50 for any twenty consecutive trading-day period, subsequent to four months from Closing. In the event of an accelerated expiry, the expiry date will be the earlier of the regular 24 month expiry date and 30 days from the date the Company advises the placees of the accelerated expiry.
Levon Resources Ltd. is pleased to announce that its common shares have been approved for listing on the Toronto Stock Exchange where they will continue to trade under the symbol “LVN”.
On January 26, 2012, three dissident directors of Argonaut Exploration Inc. (“the Company” or “Argonaut”; ‘AGA’ TSX-Venture exchange) delivered to shareholders an information circular, accompanied by a cover letter dated January 24, 2012 (“the Dissident Materials”), representing the views of the Dissident Directors, being Ray Cook, Brad Bakuska and Tell Stephen.
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