Posts by Market Wire:

Sienna Gold confirms bonanza gold and silver intercepts

Sienna Gold Inc. announce on Tuesday that it has completed the current drill program at Callanquitas on the Igor project, La Libertad, Peru. This consisted of eight diamond drill holes for a total of 4236.9 meters (m). The last two drill holes, CA-10-7 and CA-11-08, were drilled to 520.2 and 512.5 m respectively. Three mineralized structures were cut in each. CA-11-8 returned the most significant results: 35.05 m with an average grade of 1.609 grams/tonne (g/t) gold and 243.1 g/t silver; including 3.85 m with an average grade of 13.139 g/t gold and 2112.7 g/t (2.1 kg/t) silver.

Colombia Crest Gold discovers new porphyry-gold style target on its Venecia and Fredonia projects in Colombia

Colombia Crest Gold Corp. (TSX VENTURE:CLB)(PINK SHEETS:ECRTF)(FRANKFURT:EAT) is pleased to announce the discovery of porphyry gold-style alteration in the first of nine target zones being explored on the Fredonia and Venecia properties (see news release dated April 12, 2011). Alteration mapping of the highest-priority target, now named "Arabia", has delineated an area of quartz-sericite-pyrite alteration with dimensions 700 meters east-west by 900 meters north-south which is surrounded by a halo of propylitic alteration. Image by Colombia Crest Gold Corp.

Barrick completes sale of $4bn of debt for Equinox buy

Barrick Gold Corporation and its wholly-owned subsidiary, Barrick North America Finance LLC, announced Wednesday the completion of the sale of $4.0 billion in debt securities to be used to finance a portion of the acquisition of Equinox Minerals Limited.

Thelon Signs Lease Agreement to Double Production Royalties on Jellico Coal Project

Thelon Capital Ltd. (TSX VENTURE:THC)(FRANKFURT:TFHC) is pleased to announce that it has, through its wholly-owned subsidiary, Clear Fork Mining, signed a second lease agreement with a private contractor to mine a second 600-acre section of its Jellico Coal Project, known as Miller Mt. It is scheduled to start production in calendar 2012. This mine site is projected to produce an average of 20,000 tons per month for approximately 7-10 years. Under the terms of the lease, Thelon Capital Ltd. will receive the greater of $7 per ton royalty or ~9% of gross sales price of the Coal. Thermal Coal is currently selling for $90 per ton and Blue Gem Coal is currently selling for $185 per ton.

Bard begins drilling on Lone Pine molybdenum-copper-silver project

Bard Ventures Ltd. (TSX VENTURE:CBS)(FRANKFURT:BVU) is pleased to announce that the drill program on its Lone Pine Property has commenced. The property is located 15 kilometers north-northwest of Houston, BC and is situated in the Omineca Mining Division. The drill program is planned to further evaluate exceptional drill hole results received from all three zones on the property, being the Alaskite Zone, the Quartz Breccia Zone and the 61 Zone.

U.K. promises 50% cut in CO2 emissions by 2027

The U.K. has committed to halving its carbon emissions before 2027 following the publication of its ambitious fourth carbon budget. The rollout and development of renewable energy technologies, as well as the construction of new nuclear power plants, will play a key part in reducing the country's carbon emissions 50% when compared to 1990 levels. This will mean that net emissions for 2023-27 should not exceed 1.95 billion tonnes of carbon dioxide equivalent.