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Spotlight Venture: Trueclaim Exploration Inc.: Mag Survey Extends Geophysical Copper-Silver-Gold Magnetic Anomoly to Over 600 Meters

Authored by editor April 26, 2012 at 7:35 pm CT

LONDON, ONTARIO– April 26, 2012 – Trueclaim Exploration Inc. (TSX VENTURE:TRM)(OTCQX:TRMNF) (“Trueclaim”) has been actively exploring the Richmond Basin Silver Claims over the last several months. In March Trueclaim started a ground magnetometer survey. Zonge Engineering of Tucson, Arizona has been contracted to coordinate, layout the survey and interpret magnetometer results. The initial focus of [...]

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Spotlight TSX: Eco Oro Minerals Announces Appointment of Joao Carrelo as President and Chief Executive Officer

Authored by editor April 26, 2012 at 7:16 pm CT

VANCOUVER, BRITISH COLUMBIA– April 26, 2012 – Eco Oro Minerals Corp. (TSX:EOM) (the “Company” or “Eco Oro”) is pleased to announce that its board of directors has appointed João Carrêlo as the Company’s President and Chief Executive Officer effective July 1, 2012. He was appointed earlier this year as a non-executive director on the Eco [...]

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Spotlight TSX: Barrick Announces Sale of its Shareholding in Highland Gold Mining

Authored by editor April 26, 2012 at 6:55 pm CT

TORONTO, ONTARIO– April 26, 2012 – All amounts expressed in US dollars unless otherwise indicated Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (“Barrick”) today announced the sale of its entire shareholding of approximately 20.4% in Highland Gold Mining Limited (“Highland”), the AIM-quoted Russian gold producer, consisting of approximately 66.2 million ordinary shares at a price of 120 pence [...]

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Spotlight TSX: First Nickel Provides Update on Ministry of Labour Order

Authored by editor April 26, 2012 at 6:43 pm CT

TORONTO, ONTARIO– April 26, 2012 – First Nickel Inc. (“First Nickel”, “FNI” or the “Company”) (TSX:FNI) reports that it has completed an assessment of the No. 2 shaft and established a plan to address the deficiencies raised in the Ministry of Labour order issued on April 23rd, which relate primarily to the manway. Based on [...]

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Spotlight TSX: Petrominerales Provides Exploration and Operations Update Highlighted by Bromelia-1 Well Encountering Over 200 Feet of Net Reservoir

Authored by editor April 26, 2012 at 6:31 pm CT

CALGARY, ALBERTA– April 26, 2012 – Petrominerales Ltd. (“Petrominerales” or the “Company”) (TSX:PMG) (BVC:PMGC) is pleased to provide the following exploration and operations update. Foothills Blocks (Block 25, 31, 59 and 15), Deep Llanos Basin, Colombia At Bromelia on Block 25, we have reached our third intermediate casing point of 18,015 feet measured depth after [...]

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Spotlight TSX: Guide Exploration Ltd. Announces Renewal of $250 Million Credit Facilities and Provides First Quarter 2012 Operational Update

Authored by editor April 25, 2012 at 9:46 pm CT

CALGARY, ALBERTA– April 25, 2012 – Guide Exploration Ltd. (“Guide” or the “Corporation”) (TSX:GO) announces the renewal of its $250 million credit facilities. The credit facilities consist of a $225 million extendible 366 day revolving term facility to May 28, 2013 and a $25 million non-revolving facility. The $25 million non-revolving facility is available subject [...]

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Spotlight TSX: NiMin Energy Announces Completion of Strategic Review Process

Authored by editor April 25, 2012 at 9:40 pm CT

Company Enters Into Definitive Agreement for Sale of Wyoming Assets Will Seek Shareholder Approval for Orderly Sale of Assets and Winding up of the Company CARPINTERIA, CALIFORNIA– April 25, 2012 – NiMin Energy Corp. (TSX:NNN)(OTCBB:NEYYF)(OTCQX:NEYYF) (the “Company” or “NiMin“) today announced that its Board of Directors (the “Board“) has concluded its review of strategic alternatives [...]

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Spotlight TSX: Russel Metals’ 6.375% Senior Notes Due March 1, 2014 to be Redeemed on May 25, 2012

Authored by editor April 25, 2012 at 9:30 pm CT

TORONTO, ONTARIO–(Marketwire – April 25, 2012) – Russel Metals Inc. (TSX:RUS) announced today that an irrevocable notice of redemption has been sent to the holders of its U.S. dollar denominated 6.375% Senior Notes due March 1, 2014. The Senior Notes will be redeemed on May 25, 2012 at a price equal to the principal amount [...]

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Spotlight Venture: Paramax Completes Share Consolidation

Authored by editor April 25, 2012 at 8:03 pm CT

CALGARY, ALBERTA– April 25, 2012 – Paramax Resources Ltd. (“Paramax” or the “Corporation”) (TSX VENTURE:PXM) nnounces that it has completed a consolidation of its common shares on the basis of one (1) new post-consolidation common share for every ten (10) pre-consolidated common shares. Paramax’s common shares are expected to begin trading on a post-consolidation basis [...]

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Spotlight Venture: Channel Resources to Commence 2,000 Metre Core Drilling Program On High-Grade Mankarga 1 Target at Tanlouka Gold Project, Burkina Faso

Authored by editor April 25, 2012 at 7:49 pm CT

VANCOUVER, BRITISH COLUMBIA– April 25, 2012 – Channel Resources Ltd. (“Channel” or the “Company”) (TSX VENTURE:CHU) is pleased to announce that it will shortly commence a 2,000 metre core-drilling program focused on the Mankarga 1 target area at the Tanlouka Gold Project (“Tanlouka”). Full coverage of CHU: http://stockgurucanada.com/?s=chu Join in the Discussion of CHU at: [...]

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