Golden Reign resources announces private placement of up to $5 Million

Having entered into an agreement with a syndicate of agents, led by Stonecap Securities, 7,400,000 units are on sale at $0.67 per unit or gross proceeds of up to $5,000,000. Golden Reign is also granting agents an option to purchase an additional 15% for additional gross proceeds of up to $750,000.

Marketwire - Mining and Metals | June 6, 2012 | 8:48 pm

Tembo Gold warrants to begin trading June 7, 2012

Effective tomorrow, 6,000,000 shares of the company will begin trading on the TSX Venture Exchange

Marketwire - Mining and Metals | June 6, 2012 | 5:31 pm

Alturas Signs LOI for two gold projects in the Maricunga belt in northern Chile

Under the terms of the letters of agreement, Alturas has until June 30, 2012 to complete technical and legal due diligence, and to execute formal Option Agreements with Inversiones Gema to acquire 100% of the Marilin and Quispe properties.

Marketwire - Mining and Metals | June 6, 2012 | 12:00 pm

Gold and GemStone Mining Inc. to commence alluvial mining operations in the Nimikoro diamond and gold mining concession, Kono District, Sierra Leone

Project Nimikoro comprises of 125 acres of alluvial mining territory with historical data reporting the incidence of diamonds between 50 to 75 Carats per hundred tonnes and Gold at levels between 50 to 85 Grams per hundred tonnes.

Marketwire - Mining and Metals | June 5, 2012 | 8:10 pm

Continental Gold announces appointment of new director

Dr. Kenneth Thomas, with over 45 years of mining sector experience in operations, has been appointed to its Board of Directors, effective today.

Marketwire - Mining and Metals | June 5, 2012 | 7:30 pm

Frontline Gold submits application for operating license on the Menderes project; plans to complete further soil sampling

If accepted the license will allow the company to hold permits for a further 10 years and continue its exploration at the Menderes site in Turkey.

Marketwire - Mining and Metals | June 5, 2012 | 5:40 pm

Lion One Metals Limited: drilling commences at Tuvatu Gold project, Fiji

The project is expected to run for three months and consists of a combination of infill and step out holes, totaling 5,000 meters of diamond drilling near Nadi on the island of Viti Levu in Fiji.

Marketwire - Mining and Metals | June 5, 2012 | 2:17 pm

Canamex announces channel sampling results at the Bruner gold-silver project, Nye County, Nevada

After announcing sampling results at gold-silver project in Nye County, Nevada, Chairman and CEO Greg Hahn stated, "we believe we are poised to significantly increase shareholder value."

Marketwire - Mining and Metals | June 5, 2012 | 2:00 pm

Sienna Gold Inc. announces US$ 10 million financing

The company has undertaken, subject to regulatory approval, a private placement of up to 28,600,000 units at US$0.35 per unit for gross proceeds of $10,010,000.

Marketwire - Mining and Metals | June 5, 2012 | 1:00 pm

San Gold announces temporary interruption to milling operations

Due to failure of its ball mill pinion and related damage to the motor, milling has temporarily stopped at the Rice Lake Mining Complex. Repairs are underway and normal milling operations are estimated to resume within the next three weeks. Mining operations continue and ore stockpiles are being created in the interim.

Marketwire - Mining and Metals | June 4, 2012 | 11:00 pm

Silver Mountain announces new board member

Silver Mountain Mines Inc. announces the appointment of Mr. Terry Tucker, P. Geo. to the Company's Board of Directors.

Marketwire - Mining and Metals | June 4, 2012 | 5:34 pm

Rockhaven Resources Ltd. announces 2012 exploration plans at Klaza, Yukon

Rockhaven Resources Ltd. declares exploration plans for its wholly-owned and road accessible Klaza property, located in the Gold Belt of central Yukon Territory.

Marketwire - Mining and Metals | June 4, 2012 | 5:15 pm

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