Posts by Marketwire - Mining and Metals:

Almaden expands Ixtaca and Ixtaca North Zone, Intersects 16.85 m of 1.58 g/t Au and 212.2 g/t Ag (5.8 g/t Aueq)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2011) - Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM)(NYSE Amex:AAU) is pleased to announce results from the on-going drilling at the Ixtaca Zone with holes TU-11-43, 44, 46, 47, 48, 49, 50 and 52 and CA-11-04. Holes TU-11-47, 48 and 52 were drilled 180 degrees away from the known Ixtaca veining (at a 330 azimuth) and intersected a zone of mineralisation now referred to as Ixtaca North, the orientation of which is currently poorly understood.

Taku samples up to 0.6 grams per tonne gold in soil on sulphur property in Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 28, 2011) - Taku Gold Corp. (the "Company") (TSX VENTURE:TAK) is pleased to announce results from detailed deep auger-type soil sampling completed over a number of grids established throughout the Sulphur property. The 536-claim (11,095-hectare) property is located approximately 45km due south of Dawson City in the Klondike gold camp of Yukon. The detailed grid sampling was completed over prospective areas identified by "ridge and spur" sampling completed in May and June 2011. The grid sampling was done at 50m sample stations on lines spaced 100m apart.

CaNickel announces $20 million in committed equity

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2011) - CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX:CML) is pleased to announce that it has entered into an equity financing agreement with Haverstock Master Fund, Ltd. ("Haverstock"), a fund managed by Haverstock Manager, LLC., to secure access to funds on an as-needed basis for up to $20 million through a Committed Equity Facility ("CEF"). The issue and sale of common shares of the Company (the "Common Shares") under the facility is subject to regulatory approval.

Choice Gold finds visible gold at its Sugarloaf Peak gold project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 27, 2011) - Choice Gold Corp. (CNSX:CHF) ("Choice Gold" or the "Company") is pleased to announce that visible gold has been found in the most recent drill hole (SLP-11-06) of its Phase 1 drilling campaign on the Sugarloaf Peak Gold Project ("Sugarloaf Peak" or the "Project") in western Arizona. The gold occurs within quartz-fluorite-pyrite veinlets crosscutting a slightly sericitized felsic crystal tuff. This tuff interval is also injected by multiple generations of veins of diverse composition. In addition to the fluorite-quartz-pyrite veinlets, sphalerite-chalcopyrite, quartz-pyrite and late quartz-calcite veinlets have also been observed.

Gold Resource Corporation announces $20 million stock repurchase program

COLORADO SPRINGS, CO--(Marketwire - Sep 27, 2011) - Gold Resource Corporation (NYSE Amex: GORO) today announced that its Board of Directors has approved a $20 million stock repurchase program. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $25 million to shareholders in monthly dividends since declaring commercial production July 1, 2010.

Queenston closes $25,000,000 financing

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2011) - QUEENSTON MINING INC. (TSX:QMI)(FRANKFURT:QMI) ("the Company" or "Queenston") is pleased to announce that it has completed its previously announced private placement financing of 3,333,333 flow-through common shares at a price of $7.50 per share for aggregate gross proceeds of approximately $25 million, which included the exercise in full of the over-allotment option.

Excellon announces the discovery of rare earth elements at Platosa

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2011) - Excellon Resources Inc. (TSX:EXN) is pleased to announce the discovery of anomalous Rare Earth Element (REE) values in four drill holes located six kilometres north-northwest of the Platosa Mine. Values of Total Rare Earth Element Oxides (TREEO), the manner in which REE content is normally reported, range from 1,308 ppm (0.131%) TREEO over a 36.25 m core width in hole EX06-JVN03 to 2,136 ppm (0.214%) TREEO over a 281.25 m core width in hole EX06-JVN04. The TREEO amounts are comprised of Cerium, Dysprosium, Lanthanum, Neodymium, Praseodymium, Samarium and Yttrium oxides. Values of other REE oxides have been encountered but are not included in the reported results. Not enough is known about the occurrence to enable Company geologists to estimate true widths at this time. Assays for the four holes are shown in the table below.

Latin American Minerals delineates new rare earth elements targets at its Chirigueloniobium/REE project in Paraguay

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2011) - Latin American Minerals Inc. (TSX VENTURE:LAT) (the "Company") announces selected interim results from 2011 ground exploration program at the Chiriguelo Project, located in northern Paraguay near the border with Brazil. Recentrock and soil samples have detected a second Rare Earth Element (REE) target. Previous exploration at the project had delineated a significant niobium (Nb) target and the original Chiriguelo Rare Earth Element target. Carbonatites similar to Chiriguelo include the world's largest niobium deposits, the Araxá and Catalão mines in Brazil, and also large rare earth deposits such as Mountain Pass in California and Mount Weld in Australia.

Paramount Gold reports new high grade drill intercepts at its San Miguel project in Mexico

WINNEMUCCA, NEVADA--(Marketwire - Sept. 27, 2011) - Paramount Gold and Silver Corp. (NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ)("Paramount Gold") announced today new high grade assay results from 10 core holes drilled on its 100% owned San Miguel Project in northwestern Mexico. Four holes drilled on the San Miguel Vein returned multiple high-grade gold and silver intercepts including 9.2 meters grading 5.56 g/T of gold and 120.14 g/T of silver and 21.95 meters grading 2.79 g/T of gold and 325.07 g/T of silver. These results are expected to upgrade inferred resources to higher categories and improve the average grade of the resource in this area.

Viking Minerals Inc.: China intensifies purchases of copper

Chinese companies and investors are stepping up their purchases of industrial commodities such as copper, in a show of confidence in the global economy that stands in contrast to the turmoil in western markets. The wave of buying is providing support for metals and minerals prices after commodities prices fell this month at worries about a double-dip. Senior executives at trading houses, mining companies and banks said Chinese consumers had used the recent drop in prices to rebuild stocks.