Posts by Marketwire:

Passport Potash completes initial phase drill program on Twin Buttes: set to release first drill results next week

Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to announce the completion of the initial phase of drilling on the company's Twin Buttes land holdings in the Holbrook Basin. Since 2009, the company has completed 19 holes, including eight rotary holes and eleven core holes. Passport is currently drilling on its southern block of land holdings and has been permitted to drill on its east side holdings. When the current exploration program is complete the total number of holes drilled by Passport will be 34.
Marketwire | June 9, 2011 | 5:03 pm

LIM Signs Impact Benefits Agreement With Innu Matimekush-Lac John

Labrador Iron Mines Holdings announced that it has signed a landmark Impact Benefits Agreement with the Nation Innu Matimekush-Lac John of Schefferville, Quebec, with regard to LIM's Schefferville Area direct shipping iron ore mining projects in the Province of Newfoundland and Labrador and in the Province of Quebec.
Marketwire | June 9, 2011 | 4:57 pm

Northland and Kiruna Wagon to design a prototype for new railcars

Northland is a development-stage mining company with a portfolio of iron ore projects in northern Sweden and Finland. The Company's Kaunisvaara Project will exploit magnetite iron ore deposits, feeding a single, multi-line processing facility in Sweden. The process yields a very high-grade, high-quality magnetite iron concentrate. The Company is also preparing a Definitive Feasibility Study for the Hannukainen Iron Oxide Copper Gold Project in Kolari, northern Finland.
Marketwire | June 9, 2011 | 4:52 pm

Selwyn completes $12,784,500 special warrant offering

Selwyn Resources today announced that it has closed the third tranche of its Special Warrant offering through Paradigm Capital Inc. as lead agent on behalf of a syndicate including Canaccord Genuity Corp., raising an additional CAD$990,000 from the sale of 3,960,000 Special Warrants. With the closing of the third tranche Selwyn raised a total of CAD$12,784,500, and had earlier completed the acquisition of ScoZinc Limited.
Marketwire | June 8, 2011 | 3:24 pm

Dacha sells 30,000 kilograms of yttrium oxide

Dacha Strategic Metals announced today that it has sold 30,000 kilograms of Yttrium Oxide from its domestic supply in Shanghai at an average price of 230 Rmb per kg (including VAT) for gross proceeds of 6,900,000 Rmb(approximately US$1.1 million). Based on the original purchase price of 58 Rmb per kg and a total gross purchase price of 1,740,000 Rmb, the Company realized a pre-tax gain of 5,160,000 million Rmb
Marketwire | June 8, 2011 | 2:35 pm
british columbia mining

Molycor Gold Corp.: phase I drilling commences on the Beaverdell silver property

Edward Lee, President of Molycor Gold, reported that drilling has commenced on its 100% owned Beaverdell Silver property, located 4km southeast of Beaverdell, British Columbia. The exploration program will be focused on the North Kokomo – Tiger and Duncan Bounty vein areas where high grade rock chip samples were taken during an assessment program carried out during fall 2010 up to 61.98 oz/ton silver.
Marketwire | June 8, 2011 | 2:20 pm

Western Areas NL: 100,000 tonnes nickel concentrate exported from Esperance

The Board of Western Areas (TSX:WSA)(ASX:WSA) is pleased to announce an important milestone for the company. Since the first shipment ten months ago, Western Areas has exported over 100,000 tonnes of high grade nickel concentrate from Esperance Port to Jinchuan in China. This represents a gross value of over US$300 million based on average nickel prices since shipping commenced.
Marketwire | June 8, 2011 | 6:42 am

Zone Resources expands the known zone of iron mineralization at the Moore-Ross Mountain Property, Quebec

Zone Resources announces that it has expanded the known zone of mineralization at the Moore-Ross Mountain Property due to additional information gathered during a compilation of historical exploration data on its Labrador Trough Iron Properties in the Nunavik district of northern Quebec. On May 4th 2011, Zone announced a summary of a partial set of drill results for the Moore Iron Zone on the Company's 7,000-hectare Moore-Ross Mountain property. Additional information has now been compiled from reports of statutory work filed by Fenimore Iron Mines Ltd. in 1952.
Marketwire | June 7, 2011 | 4:45 pm