Posts by Marketwire - Mining and Metals:

Mercator Minerals announces $20 million non brokered financing

Mercator Minerals Ltd. ("Mercator" or the "Company") today announced that it has arranged a non-brokered private placement with purchasers to purchase 11,428,572 units ("Units") at a purchase price of $1.75 per Unit (the "Issue Price") for aggregate gross proceeds of $20 million (the "Offering"). The sale of the Units under the Offering has been fully allocated to a limited number of accredited purchasers, and is subject to necessary regulatory approvals and the execution and delivery of customary documentation.

Andover more than doubles land position at the Sun property located in the Ambler District, Alaska

Andover Ventures Inc. ("Andover" or the "Company") (TSX VENTURE:AOX)(OTCBB:AOVTF)(FRANKFURT:R2X) is pleased to announce that the Company has more than doubled its land position at the Sun Property located in the Ambler Mining District, Northwest, Alaska. The Ambler district hosts one of the richest known volcanogenic-massive-sulphide (VMS) copper-zinc-lead-gold-silver deposits in the world. Andover previously held 112 State of Alaska claims, each representing a quarter section, or 160 acres. The Company has increased the number of state claims by staking an additional 118 claims for a total of 230 claims, representing a new land position of 36,800 acres.

Maya Gold & Silver Filed a NI 43-101 Report

Maya Gold & Silver Inc. ("Maya" or the "Corporation) (TSX-V: MYA.V - News) has filed with the Canadian securities regulators, a NI43-101 Technical Report dated November 7, 2011 (the "Report") to support the pre-production work program at the Amizmiz Property. MONTREAL, QUEBEC--(Marketwire - Nov. 17, 2011) - Maya Gold & Silver Inc. ("Maya" or the "Corporation) (TSX VENTURE:MYA) has filed with the Canadian securities regulators, a NI43-101 Technical Report dated November 7, 2011 (the "Re...

Prophecy Platinum closes $10 million private placement

Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) is pleased to announce the closing of the non-brokered private placement previously announced on November 1, 2011 and increased on November 3, 2011. The Company has issued 3,709,489 common shares for total gross proceeds of $10,015,620.30.

Twin Glacier shareholders approve amalgamation with Dolly Varden Silver Ltd.

Twin Glacier Resources Ltd. (CNSX:TEL) ("Twin" or the "Company") announces that, at the Company's Annual General and Special Meeting held on November 15, 2011 its shareholders voted in favour of approving the amalgamation (the "Amalgamation") of the Company with Dolly Varden Silver Ltd. ("Dolly") pursuant to an amalgamation agreement dated October 19, 2011 (the "Amalgamation Agreement").

Solitaire Minerals acquires platinum-group property in Northwest Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) is pleased to announce that the company has signed an option to acquire a 100% interest in a Platinum-Group Element (PGE) property north of Thunder Bay, Ontario. Previous exploration has located 14 mineral occurrences on the property with analytical results up to 2.2 grams per tonne of total precious metals ("TPM") or platinum + palladium + gold. A diamond drilling program is planned to test five conductors defined by a 2010 airborne VTEM® survey.

Rare Earth Metals completes in-fill Drilling on its two Tom deposit in the Red Wine Belt, Labrador

THUNDER BAY, ONTARIO--(Marketwire - Nov. 16, 2011) - Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINK SHEETS: RAREF)(OTCQX: RAREF) is pleased to report results from the final ten drill holes completed on the Two Tom Mineralized Zone at the Red Wine property, located approximately 110 kilometers northeast of Churchill Falls in west central Labrador. A total of 23 holes have now been drilled on the Two Tom REE/Beryllium/Niobium Zone. This total includes ten holes completed in 2010 and thirteen holes completed between June and September, 2011. All holes intersected the tabular zone. Of particular note is hole TT-15b which intersected 1.68% TREO, 0.21% Nb2O5 and 0.19% BeO over 175.5 meters including a higher grade intersection of 2.15% TREO, 0.27% Nb2O5 and 0.24% BeO over 120.0 meters.

Bralorne Gold Mines Ltd. joins OTCQX

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Bralorne Gold Mines Ltd. ("Bralorne") begins trading today on the OTC Markets highest tier, OTCQX International (TSX VENTURE:BPM)(OTCQX:BPMSF)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANK...