Posts by Marketwire - Mining and Metals:

Ridgemont intercepts 43% iron over 49 metres at Redford

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2011) - Ridgemont Iron Ore Corp. (TSX VENTURE:RDG)(OTCQX:RIOOF)(PINK SHEETS:RIOOF) ("Ridgemont") is pleased to announce additional assay results from the ongoing drill program on the Redford Iron Ore Property located on Vancouver Island, British Columbia. To date, Ridgemont has completed and received assay results for 43 diamond drill holes, totalling 7,570 metres.
Marketwire - Mining and Metals | November 8, 2011 | 1:30 pm

Rare Earth Metals Inc. outlines a number of heavy rare earth targets on Its Dory Pond area, Red Wine Property

THUNDER BAY, ONTARIO, Nov 08, 2011 (MARKETWIRE via COMTEX) -- Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") CA:RA +12.50%RAREF +5.83% (otcqx:RAREF) is pleased to report that final results have been received from its summer exploration program on the B3N/Dory Pond area of the Company's Red Wine Property in Central Labrador. Final results have now been received for the Dory Pond area drilling, prospecting and soil geochemistry surveys. The bulk of the Red Wine work was carried out on the Two Tom Deposit, located 30 km east of Dory Pond, where a 43-101 compliant resource is expected to be calculated by year end once the final drill assays are received.
Marketwire - Mining and Metals | November 8, 2011 | 1:30 pm

Robex Resources Inc./Nampala: feasibility study reveals a pre-tax net present value (NPV) of $113.6 million at $1,250 gold price per ounce, and an internal rate of return (IRR) of 46.45%

QUEBEC CITY, QUEBEC--(Marketwire - Nov. 8, 2011) - Robex Resources inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to announce the excellent results of the feasibility study for its 100%-owned Nampala project located on the Mininko permit in Mali. The feasibility study was prepared by a consortium of prominent internationally renowned mining industry consultants lead by the engineering consulting firm Bumigeme assisted by engineering firm Met-Chem Canada (Met-Chem) and Mr. Jacques Marchand, independent engineer and qualified person (QP) for mineral resource estimation as defined by NI 43-101.
Marketwire - Mining and Metals | November 8, 2011 | 1:00 pm

Noranda Income Fund reports third quarter earnings before interest and income taxes of $20.5 million

Noranda Income Fund (the "Fund") (TSX:NIF.UN) reported earnings before interest and income taxes of $20.5 million for the third quarter of 2011, compared to $5.7 million in the same quarter a year ago. The $14.8 million increase was mainly due to higher byproduct revenues, processing fee and premiums partially offset by a stronger Canadian dollar.
Marketwire - Mining and Metals | November 8, 2011 | 1:00 pm

Osisko now says Hammond Reef hosts over 10 million ounces

Osisko Mining Corporation (TSX: OSK.TO - News)(Frankfurt: EWX.F - News) is pleased to provide an updated inferred resource estimate for its 100%-owned Hammond Reef gold project, located near Atikokan, Ontario. New drilling by Osisko and Brett Resources from January 2010 to July 2011 (approximately 300,000 metres) has significantly increased the size of the deposit. This update reports both global and in-pit resources in the inferred category. Additional drilling subsequent to July 2011 is anticipated to allow for the upgrade of the entire in-pit deposit to Measured and Indicated category by Q1 2012.
Marketwire - Mining and Metals | November 8, 2011 | 3:15 am