Precious Metal

Silvore Fox Updates Progress on Winston Lake and Coxheath

Silvore Fox is pleased to announce that they have received the results of the Geotech Ltd VTEM survey over their 9600 ha claim holdings in the Winston – Pick Lake area north of Schreiber in Northern Ontario. The 1,061 line kilometer helicopter survey covered the area for the most part at 100 meter line spacing recording both VTEM and magnetic... 

Goldcorp Supports Acquisition Of Primero Mining Corp By Northgate Minerals Corporation

GOLDCORP INC. today agreed to support the proposed transaction by which Northgate Minerals Corporation will acquire all of the issued and outstanding shares of Primero Mining Corp. The transaction will be effected through a plan of arrangement under the British Columbia Business Corporations Act. Goldcorp controls 35.5% of the outstanding shares of... 

Spanish Mountain Announces Closing of $20 Million Financing

Spanish Mountain Gold Ltd. announce that it has closed its private placement offering (the “Offering”), previously announced on June 30, 2011. Pursuant to the Offering, 33,333,328 units (the “Units”) have been placed at a price of $0.60 per unit for total gross proceeds of approximately CAD$20,000,000. Due to stronger than expected... 

Sandstorm Gold Acquires a Gold Stream on the Xstrata Operated Bracemac-McLeod Property

Sandstorm Gold Ltd. announce the completion of a gold purchase agreement (the “Agreement”) with Donner Metals Ltd. (“Donner”) (TSX-V:DON – News) (via a back-to-back agreement with Sandstorm Metals & Energy Ltd. (“Sandstorm Metals & Energy”) to acquire an amount of gold and gold equivalent based on... 

Condor Discovers New Epithermal Gold-Silver Occurrence in Peru

Condor Resources Inc. announce that its ongoing generative regional exploration program in South America has resulted in the discovery and staking of a new precious metals occurrence in northern Peru in the same prolific volcanic belt that is host to Barrick Gold Corporation’s Pierina and Alto Chicama gold mines. Located 45 km south of the Peirina... 

Texas Business Prospers Off Unique Approach to Gold & Silver Buying

As analysts predict gold prices will continue to climb, customers of Gold & Silver Buyers, the largest purchaser of gold and silver in the state of Texas, are taking advantage of the company’s larger than usual payouts. Gold & Silver Buyers credits the fact that because it owns its own gold and silver refinery, there is no middleman,... 

Aura Minerals Awards Feasibility Study on Serrote Deposit to SNC-Lavalin Inc.

Aura Minerals Inc. announce that SNC-Lavalin Inc. and its Brazilian subsidiary, SNC-Lavalin Minerconsult Engenharia Ltda., have been awarded the definitive feasibility study on the advanced-stage Serrote da Laje deposit (“Serrote Deposit”) at its wholly-owned copper-gold-iron ore Arapiraca Project in Alagoas State, Brazil. The feasibility... 

Exit Only, Inc. Acquires Bayport Corporation and Begins Gold Production

Exit Only, Inc. announced that it has acquired Bayport Corporation, a Nevada corporation. With this acquisition, Bayport Corporation has obtained the controlling interest in the company. James L. Porter will serve as the President while Louis Porter will serve as the CEO of the surviving company. The new name of the company will be filed with FINRA... 

Pele Mountain Commences Trading in the United States on OTCQX International

Pele Mountain Resources Inc. (TSX Venture: GEM; OTCQX:GOLDF) announced today that its shares have commenced trading in the United States on the OTC market’s prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com. Pele’s U.S.... 

Red Metal Completes Acquisition of Two Mining Claims in Chile Region III

Red Metal Resources Ltd., a mineral exploration company with copper-gold assets in Chile, today announced that it has completed the purchase of the Che I & Che II mining claims for approximately USD$20,000. These claims cover 76 hectares within Red Metal’s existing Mateo copper-silver-gold project in the Candelaria Iron Oxide Copper-Gold...