Posts by Marketwire - Mining and Metals:

Cameco commences offer to acquire Hathor Exploration Limited

SASKATOON, SASKATCHEWAN--(Marketwire - Aug. 30, 2011) - ALL AMOUNTS ARE STATED IN CDN $ (UNLESS NOTED) Cameco (TSX:CCO) (NYSE:CCJ) today announced that it has commenced its offer to acquire all of the outstanding shares of Hathor Exploration Ltd. (TSX: HAT) for cash consideration of $3.75 per share in a transaction which values the fully diluted share capital of Hathor at approximately $520 million(1) (the "Offer").
Marketwire - Mining and Metals | August 30, 2011 | 1:00 pm
Turkey

Empire provides progress update on Demirtepe copper-gold project, Turkey

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to provide an update on the Demirtepe Project in western Turkey where drilling by Empire has consistently encountered significant grades and intervals of copper-gold-silver and molybdenum skarn mineralization in the Main Zone, including Discovery Hole DTH-001 which intersected2.02% copper, 0.96 g/t gold and 21.64 g/t silver over 47.35 m from 112.2 m to 159.55 m, including 8.0 m of 9.1% copper, 4.68 g/t gold and 95.3 g/t silver.
Marketwire - Mining and Metals | August 30, 2011 | 1:00 pm

Nortec (NVT) Signs Agreement for $20.5 Million Option of the LK Project, Finland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Further to the press release dated July 27, 2011, Nortec Minerals Corp. (TSX VENTURE:NVT)(PINK SHEETS:NMNZF)(FRANKFURT:WMQ) ("Nortec" or the "Company"), is pleased to announce that it has signed an Option and Joint Venture Agreement ("OA") with Otterburn Ventures Inc. (CSNX:OTB) ("Otterburn"). The OA gives Otterburn the option to earn up to an 80% interest in Nortec's Läntinen Koillismaa project, a 100 % owned palladium-platinum–gold–copper-nickel property ("LK Project"), located in north central Finland.
Marketwire - Mining and Metals | August 30, 2011 | 1:00 pm

ATAC Resources cuts 32.01 metres of 4.25 g/t gold at Osiris zone and trenches new high-grade discovery 550 m along strike of Osiris

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - ATAC Resources Ltd. (TSX VENTURE:ATC) is pleased to announce assay results for the first five diamond drill holes from the Osiris Zone as well as a new bedrock gold discovery, located within the Nadaleen Trend of the Company's wholly-owned 1,600 sq/km Rackla Gold Project in central Yukon. Assays results for all other drilled targets will be reported when results are received and compiled.
Marketwire - Mining and Metals | August 30, 2011 | 12:30 pm

Advanced Explorations Inc. reports 165 metre section of 34% iron at Tuktu project-includes 8 metres of 50% iron

TORONTO, ONTARIO--(Marketwire - Aug. 30, 2011) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to announce further drill results from its Tuktu Iron Ore Project located in Nunavut, Canada. Drill-hole 11TT011 intercepted 8 metres of high quality banded iron formation (BIF) grading 50.27% Fe within a broader 165.25 metre interval of BIF grading 33.61% Fe (see table below). The same broad interval also included 14 metres of 46.34% iron.
Marketwire - Mining and Metals | August 30, 2011 | 12:00 pm

Cornerstone reports 1.34% copper and 58.0 g/t silver over 19.5 m in trenching at La Fortuna copper-silver project, Chile

MOUNT PEARL, NEWFOUNDLAND--(Marketwire - Aug. 30, 2011) - Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (PINK SHEETS:CTNXF) announced today preliminary results for the ongoing exploration program at the La Fortuna copper-silver project located in the Valparaíso Region of central Chile, approximately 100 km north of Santiago.
Marketwire - Mining and Metals | August 30, 2011 | 12:00 pm

Cooper provides update on the thermal coal project in Pakistan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - Cooper Minerals Inc. (TSX VENTURE:CQ)(FRANKFURT:JM6) (the "Company" or "Cooper") would like to provide its shareholders with an update on its thermal coal project in Pakistan. Pursuant to the terms of the Option Agreement dated September 3, 2010 between Cooper and Mr. Gul Khan ("Gul"), Cooper and Gul have jointly formed a newly incorporated company, AJK Coal Mining Company (Private) Ltd. ("AJK"), in Pakistan for the exploration and production of coal.
Marketwire - Mining and Metals | August 30, 2011 | 12:00 pm

SilverCrest announces second quarter earnings of $790,000 and cash flow from operations of $3.1M

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - SilverCrest Mines Inc. (the "Company" or "SilverCrest") (TSX VENTURE:SVL)(FRANKFURT:CW5) is pleased to announce strong positive cash flow, earnings and operating results in line with budgeted projections for its first quarter of commercial production at its Santa Elena Mine in Sonora, Mexico. This press release should be read in conjunction with the Company's Manangement Discussion & Analysis, Condensed Consolidated Interim Financial Statements and Notes to Financial Statements for the six month period ended June 30, 2011, available on the Company's website at www.silvercrestmines.com and on SEDAR at www.sedar.com. All monetary figures are expressed in United States dollars unless otherwise specified.
Marketwire - Mining and Metals | August 30, 2011 | 12:00 pm

North American Nickel initiates exploration on its Maniitsoq project, southwest Greenland

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 30, 2011) - North American Nickel Inc. ("NAN") (TSX VENTURE:NAN)(OTCBB:WSCRF) (CUSIP: 65704T 108) is pleased to announce that it has commenced a field campaign to evaluate prospective areas within its 4,841 km2exclusive mineral exploration licence. Electromagnetic anomalies, identified from a recent re-interpretation of a 1995 GeoTEM fixed wing survey, along with other areas of interest derived from compilation of previous work and satellite imagery will be ground checked in order to prioritize areas for helicopter borne time domain electromagnetic (TEM) surveying planned for September and October.
Marketwire - Mining and Metals | August 30, 2011 | 10:30 am

KWG completes Debut Diamonds acquisition

MONTREAL, QUEBEC--(Marketwire - Aug. 29, 2011) - KWG Resources Inc. (TSX VENTURE:KWG) has completed the acquisition of 7 million treasury units of its subsidiary Debut Diamonds Inc. ("Debut") valued at $0.30 each in exchange for subscription receipts for 21 million KWG treasury units valued at $0.10 each. KWG's subsidiary Debut holds nine diamond exploration projects, three of which are presently undergoing assessment programs valued at almost $3 million.
Marketwire - Mining and Metals | August 29, 2011 | 8:19 pm

Condor Resources regains 100% interest in the Chavin Silver property, Peru

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 29, 2011) - Condor Resources Inc. - ("Condor" or the "Company") (TSX VENTURE:CN) is pleased to announce that it has regained a 100% interest in the Chavin silver project in Peru. Condor regained the project after its joint venture partner, Minera Silex Peru SRL (Silex), a subsidiary of Golden Minerals Company, advised it has opted to discontinue its option on Chavin.
Marketwire - Mining and Metals | August 29, 2011 | 8:16 pm