Posts by Marketwire - Mining and Metals:

Balmoral Acquires New Neighbour in Detour Gold Belt as Osisko Mining Options Adjacent Property

Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE:BAR.V - News) advises its shareholders that Midland Exploration Inc. ("Midland") today announced that is has granted Osisko Mining Corporation ("Osisko") an option to earn up to a 75% interest in its Casault Property. The Casault Property is located between Balmoral's Detour East and Martiniere Gold Projects along the Detour Gold Trend in central Quebec.

Magma to spin-out its West Australian gold projects

Magma Metals Limited (TSX:MMW)(ASX:MMW) ("Magma" or the "Company") is pleased to advise that it intends to spin-out its West Australian gold projects in a new gold focused exploration company, to be named Greenstone Metals Limited ("Greenstone"), subject to completion of commercial and legal agreements and relevant approvals.

Mindoro Arranges Private Placement to Raise up to C$4 million for Gold Program

Mindoro Resources Ltd (TSX VENTURE:MIO) (ASX:MDO.AX - News) (FRANKFURT:WKN 906167) today announced it is undertaking a capital raising through the sale of up to 33,400,000 Common Shares and CDIs on a private placement basis to qualified investors at a price of C$0.12 per share in Canada and A$0.115 per CDI in Australia for gross proceeds of up to the equivalent of C$4 million ("Private Placement").

Fancamp Exploration Ltd.: Fermont-Fire Lake North-Preliminary Economic Assessment

Fancamp Exploration Ltd. (TSX VENTURE:FNC.V -News) is pleased to announce that Champion Minerals Inc. (the Operator) has released results of the updated preliminary economic assessment (PEA) study on the 17.5% owned Fire Lake North project that was performed by BBA Inc. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 21, 2011) - Fancamp Exploration Ltd. (TSX VENTURE:FNC) is pleased to announce that Champion Minerals Inc. (the Operator) has released results of the updated preliminary economic assessment (P...

White Tiger Receives Authorization to Begin Construction of Phase II of the Savkino Mine

White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announced today, that subsequent to having submitted for consideration a report on exploration works completed during the period of 2010-2011, "TEO Constant exploration Parameters and Reserve Estimation for Savkino Gold Mine as of 01.01.2011," the Territorial Committee of Reserves ("TCR") of Chita granted permission to commence the final design, construction and development of Phase II of Savkino mine, as part of the Ildikan license.

MetalCorp Announces Proposed Non-Brokered Private Placement of Units and Flow-Through Shares

MetalCorp Limited ("MetalCorp") (TSX VENTURE:MTC) is pleased to announce a proposed non-brokered private placement of up to 15,000,000 units (each, a "Unit") at a price of $0.05 per Unit and up to 20,000,000 flow-through shares (each, a "Flow-Through Share") at a price of $0.05 per Flow-Through Share, or such other combination of Units and Flow-Through Shares as MetalCorp may determine, for aggregate gross proceeds of up to $1,750,000 (the "Offering"). THUNDER BAY, ONTARIO--(Marketwire - Nov. 18, 2011) -