Condor Gold shares jump as Nicaragua project grows again

Consolidated Thompson Iron Mines announced that Cliffs Natural Resources has received approval under the Investment Canada Act for completion of the plan of arrangement pursuant to which Cliffs will acquire all the outstanding common shares of CLM. The closing of the Arrangement remains subject to certain other customary conditions, including obtaining approval of the MOFCOM filing with the Anti-Monopoly Bureau of the Ministry of Commerce of the People's Republic of China.

Maudore Minerals Ltd. (TSX-V:MAO) reported the highest drilling intercept ever obtained on the Comtois property, along with several other new high-grade gold assays and more broad near surface intervals from ongoing exploration and definition drilling on the property, located north of Val-d’Or, Quebec, Canada.

Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that drill hole DK-11-13 intersected significant potash mineralization including one metre of 47.81% KCl. Hole DK-11-13 intersected two robust potash zones which appear to correlate with the Sylvinite Zone and Kainitite Zone. The Sylvinite Zone returned 2.8 metres of sylvinite which graded 45.86 % KCl and includes a one metre interval that returned 47.81% KCl. Further down the hole, 8.7 metres of kainitite was intersected which returned 22.91% KCl.

Exploration Orbite (TSX VENTURE:ORT.A) is pleased to announce the presence of high-value by-products such as scandium, gallium and other important rare earth elements in its Grande-Vallée deposit, all of which offer strong economic potential for the company and for Canada. The Company is also pleased to announce its filing of a provisional U.S. patent application that extends protection for its existing patented technology to the extraction of scandium, gallium and other rare earth elements from aluminous clay.

Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that employees at its Elkview operation in southeast British Columbia have ratified a new five-year agreement, replacing an agreement which expired on October 31, 2010. Production at the mine will resume effective Friday, April 8 following a temporary suspension due to strike action taken by Local 9346 of the United Steelworkers of America on January 30, 2011.

Toronto-listed Premier Gold Mines has nearly tripled gold resources at its 70%-owned Hardrock Project in northwestern Ontario, Canada. An updated NI 43-101 report by Micon International Limited shows a 269% increase in measured and indicated resources to 2.5 million ounces, and a 164% increase in inferred resources to 1.1 million ounces.

Nunavut is attracting the attention of the world's miners like never before, says Scotiabank commodities analyst Patricia Mohr, speaking at a mining summit in the mineral-rich Canadian northern territory. Nunatsiaq Online reports: Pushed by the developing world’s growing hunger for consumer items, civil unrest in many countries, and “random” events like the recent tsunami, earthquake and nuclear power plant disaster in Japan, mining companies around the world are eying Nunavut with far more interest than before.

Silver Quest Resources (TSX.V: SQI) (“Silver Quest” or “the Company”) is pleased to report the discovery of a significant gold-in-soil anomaly, referred […]

Selwyn Resources Ltd. (TSX VENTURE:SWN) (“Selwyn”) is pleased to announce a NI 43-101 compliant mineral resource estimate for the Scotia mine (formerly […]