Posts by Marketwire - Mining and Metals:

Oracle Mining completes $9.75 million private placement

Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX:OMN)(OTCQX:OMCCF)(PINKSHEETS:OMCCF)(FRANKFURT:OMC) is pleased to announce that it has completed its previously announced non-brokered private placement (the "Private Placement") of 7,800,000 common shares ("Common Shares") to RichStone Mining Investment (Hong Kong) Limited ("RichStone"), for aggregate gross proceeds of $9,750,000.

Goldstrike corporate update

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(FRANKFURT:KCG1)is pleased to announce that Terrence (Terry) King has been appointed President of the Company, and will hereafter sit as President, Chief Executive Officer and Chairman of the Company. Mr. King is a principal of the Vancouver law firm Holmes & King, and has a background in corporate finance and securities.

Westhaven to Acquire 100% of B.C. gold exploration property

Westhaven Ventures Inc. (CVE:WHN) is pleased to announce that it has signed an option agreement with a private vendor to acquire 100% of the BEN gold exploration property, located in central B.C. Listwanite (carbonaceously altered ultramafic rock) associated gold occurs along a major shear zone, and there is also evidence for epithermal and Carlin-style gold mineralization.

New Carolin Gold Corp. announces adoption of shareholder rights plan

New Carolin Gold Corp. ("New Carolin" or the "Corporation") (TSX VENTURE:LAD) is pleased to announce that its Board of Directors has adopted a shareholder rights plan (the "Rights Plan"). The objectives of the Rights Plan are to ensure, to the extent possible, that all shareholders of the Corporation are treated equally and fairly in connection with any possible take-over bid for the Corporation.

Archean Star Encounters 28 Meters of Mineralization in Hole TB008 at Gnaweeda

Archean Star Resources Inc. (TSX VENTURE:ASP) (the "Company" or "Archean") announces multiple gold intersections contained within a 41 meter interval in diamond drill hole TB006 that has recently been completed during its ongoing drill program at the Turnberry gold prospect at its Gnaweeda Gold Project approximately 35 km northeast of Meekatharra, Western Australia.

Oremex Silver enters into disposition agreement for Cerro del Oro Gold Project

Oremex Silver Inc. ("Oremex Silver" or the "Company") (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) reports that its wholly-owned Mexican subsidiary, Minera Mantos S. de R.L. de C.V.("Minera Mantos"), entered into an agreement with Oremex Gold Inc. ("Oremex Gold") to dispose of the Cerro del Oro (Golden Hill) project comprising of two concessions totaling 78.9 hectares in the Melchor Ocampo district, Zacatecas state, Mexico.

Greenland Minerals and Energy Limited: Kvanefjeld Project-Major Technical Breakthrough: Atmospheric Leaching Extracts 90-95% of Uranium and Heavy Rare Earths

Greenland Minerals and Energy Limited (ASX:GGG) ("GMEL" or "the Company") is pleased to provide an update on metallurgical developments that continue to enhance the Kvanefjeld multi-element project ( uranium rare earth elements, zinc). Kvanefjeld is recognised as one of the world's largest resources of rare earth elements and uranium, and is favourably located near existing infrastructure in southern Greenland. PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 23, 2012) -