Posts by Marketwire - Mining and Metals:

Goldstrike discovers intrusive related gold mineralization in Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINK SHEETS:ADRAF)(FRANKFURT:KCG1) is pleased to report that initial rock samples from outcrop have returned up to 4.003 grams per tonne gold on its road-accessible OLIVER property located in the Yukon's 7.6 million ounce Red Mountain-Dublin Gulch Gold District. This rock sample was also strongly anomalous in numerous other elements, including 6,560 ppm Cu, 1,247 ppm Pb, 1,744 ppm Zn, >100 ppm Ag, 102.1 ppm Ni, >2,000 ppm Co, >10,000 ppm As, 35.7 ppm Cd, 86.9 ppm Sb, >2,000 ppm Bi, >100 ppm Se, and >100 ppm W. The sample shows a strong intrusive signature and was taken in an area where a high-level stock of Cretaceous granite has formed tourmaline-matrix breccias, veins, and skarns in Hyland Group metasedimentary rocks.

Copper-gold-silver mineralization at Empire Mining’s Demirtepe project in Turkey is hosted in high-value Wollastonite mineralization

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to report that initial studies that it commissioned on the wollastonite mineralization in the Main Zone of the Demirtepe deposit, which is the exclusive host of the copper-gold-silver mineralization, indicate that it is potentially of significant economic importance and can therefore possibly considerably benefit the feasibility of a future copper-gold mine development at Demirtepe.

Oceanic Iron Ore Corp.: assay results return 39.9% Fe total over 36 metres and 39.4% over 46 metres

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company") is pleased to announce the fourth set of assay results from its 2011 resource verification program. The results of the new assays continue to correlate well to those reported historically. The latest results from twinned holes in Castle Mountain and Zones 2 and 4 are set out below. The Company remains on track to release a resource estimate and preliminary economic assessment in respect of the Hopes Advance project area by October of this year. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company") is pleased to announce the fourth set of assay results from its 2011 resource verification...

Orsu completes infill drilling programme in connection with ongoing definitive feasibility study at its Karchiga project

LONDON, UNITED KINGDOM--(Marketwire - Sept. 1, 2011) - Orsu Metals Corporation ("Orsu" or the "Company") (TSX:OSU)(AIM:OSU), the London-based precious and base metals exploration and development company, is pleased to announce the on-schedule completion of 1,786m (46 holes) infill drilling of the central oxide ("Karchiga Central Oxide") and an additional 2,278m (26 holes) infill drilling of the North East sulphide ("Karchiga North East Sulphide") as part of the ongoing definitive feasibility study ("DFS") at its Karchiga volcanogenic massive sulphide copper deposit in Eastern Kazakhstan (the "Karchiga Project").

U3O8 Corp. reports results of infill drilling at Aricheng C in the Kurupung project, Guyana

TORONTO, ONTARIO--(Marketwire - Sept. 1, 2011) - U3O8 Corp. (TSX VENTURE:UWE), a Canadian-based company focused on uranium exploration and resource expansion in South America, reports results from the infill drilling program completed on the Aricheng C area in the Kurupung Batholith in Guyana (Figure 1). Resource estimation has started on data from Aricheng C, while infill drilling is progressing well on the next mineralized zone –Aricheng West – towards the goal of increasing the current National Instrument 43-101 ("NI 43-101") uranium resource1 on the Kurupung Project.

Timmins Gold intersects 36.58 metres grading 0.816 grams per tonne gold at La Chicharra open pit

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 1, 2011) - Timmins Gold Corp. (TSX:TMM) is pleased to announce results for drilling completed during the months of June and July, 2011 at the existing La Chicharra open pit located 2 kilometres west of the San Francisco open pit, in the state of Sonora, Mexico. The most significant results were obtained along the projection of the La Chicharra mineral trend located 500 meters to the south of the San Francisco mine and 1,200 meters to the southeast of the La Chicharra pit along what appears to be a parallel mineral system to the San Francisco deposit.

Atacama narrows loss on strong iodine prices

Atacama Minerals Corp. (TSX VENTURE:AAM) ("Atacama" or "the Company") is pleased to provide the following report on the financial and operating highlights for the second quarter period ended June 30, 2011. The Company recorded significantly higher gross profits of $1.9 million for the quarter representing a 64% increase over the same period last year. Enjoying a 19% increase in iodine prices and a 15% increase in iodine sales volume, the Company's net loss was narrowed to $117,000 compared to $650,000 in the second quarter of 2010.

North American Energy Partners announces $127 million oil sands contract

CALGARY, ALBERTA--(Marketwire - Aug. 30, 2011) - North American Energy Partners Inc. ("NAEP" or "the Company") (TSX:NOA) (NYSE:NOA) today announced it has been awarded a $127 million heavy civil construction contract with Fluor Canada Limited at Syncrude Canada Ltd's (Syncrude) Base Mine and provided an update on the progress of discussions with Canadian Natural Resources Limited (Canadian Natural).

Nautilus Minerals to raise $100 million for PNG seafloor project

Nautilus Minerals (TSX:NUS)(AIM:NUS) is to raise approximately US$100 million (C$98.1 million*) through a private placement of common shares to fund the development of its first project, Solwara 1, in the Bismarck Sea of Papua New Guinea. The placing will involve the issue of approximately 39 million shares to a number of investors at a price of CAD$2.52 (US$2.58) per share. Nautilus President and CEO Steve Rogers said the private placement would provide funds for the construction of the seafloor resource production system, which initially will be deployed at Solwara 1 – the company's first deepwater copper and gold project.

Augen Gold Files NI 43-101 Compliant Technical Report for the Jerome Mine Project

TORONTO, ONTARIO--(Marketwire - Aug. 31, 2011) - Augen Gold Corp. (the "Company" or "Augen Gold") (TSX VENTURE:GLD) is pleased to announce that it has filed a National Instrument 43-101 compliant technical report entitled "Technical Report on a Resource Estimate of the Jerome Mine Property", dated effective July 18, 2011 (the "Jerome Report") in connection with the NI 43-101 compliant Mineral Resource Estimate for the Company's Jerome Mine previously announced on July 18, 2011.

Silver Spruce reports continued significant REE results Pope’s Hill MP trend, Trans Labrador Highway, NL

BRIDGEWATER, NOVA SCOTIA--(Marketwire - Aug. 31, 2011) - Silver Spruce Resources Inc. (TSX VENTURE:SSE)(FRANKFURT;S6Q) - Silver Spruce Resources Inc. is pleased to announce continued significant results from prospecting on the road accessible Pope's Hill (PH) rare earth element (REE) property, along the paved Trans Labrador Highway (TLH) approximately 100 km to the west of Happy Valley-Goose Bay in south central Labrador. Results were previously released on July 21 and August 9, 2011. A total of 153 samples have been submitted for analyses from the 100% owned PH property including 17 from regional exploration. Results are reported for the 136 samples along the MP trend on the original PH property. The regional results remain pending.