Azure Minerals (ASX: AZS) has elected to withdraw from the acquisition of the San Francisco Manganese Project to focus on advancing its Promontorio Copper Project in Mexico.
Timmins Gold Corp. announces that improvements have been realized in gold recoveries for the months of October and November, 2011. Gold placed on the heap leach pads for October was 11,966 ounces (464,007 tonnes at a grade of 0.802 grams per tonne) and 6,618 ounces were extracted from the leach pads. Gold placed on the heap leach pads for November was 9,972 ounces (413,165 tonnes at a grade of 0.751 grams per tonne) and 6,990 ounces were extracted from the leach pads.
Dec 01, 2011 (ACCESSWIRE-TNW via COMTEX) — Minaurum Gold Inc. (“Minaurum”) is pleased to announce that it has appointed Sunny Pannu to the position of Investor Relations Manager to provide investor and broker liaison and to increase awareness of Minaurum within the investment community. In the last four years Mr. Pannu has twice been shortlisted as a top 3 finalist for “Best IR by a TSX Venture-listed company” by the Investor Relations Magazine Canada Awards.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 1, 2011) – El Tigre Silver Corp. (the “Company” or “El Tigre”) (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to announce it has retained the Florida-based firm of Michael Baybak and Company, Inc. (“MBC”) to conduct institutionally-oriented investor relations programs on behalf of the Company. Headed by Mr. Michael Baybak, MBC is a long-term institutional and media investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences.
Mercator Minerals Ltd., an operator of an Arizona mine, may wait for copper prices to rise before securing financing to build its El Pilar project.
TORONTO, ONTARIO, Nov 30, 2011 (MARKETWIRE via COMTEX) — Dia Bras Exploration Inc. (“Dia Bras” or the “Company”) is pleased to present the Company’s third quarter 2011 Financial Statements and Management’s Discussion & Analysis as well as the beginning of commercial production at Bolivar. All currency in this release is in thousands of Canadian dollars unless otherwise indicated. The Company’s financial statements are prepared in accordance with International Financial Reporting Standards (“IFRS”). For a full explanation of results and mining statistics, please visit the Company’s website at www.diabras.com or on SEDAR at www.sedar.com .
VANCOUVER, Nov. 29, 2011 /CNW/ – Elgin Mining Inc. (“Elgin Mining”) (TSX-V: ELG) is pleased to advise the completion of the previously announced flow-through private placement (see News Release No . 2011-12 dated November 7, 2011). The Company has issued 6,428,571 flow-through common shares (the “Flow-Through Shares”) at a price of $1.40 per Flow-Through Share for aggregate gross proceeds of $9 million (the “Offering”).
Toronto, Ontario, Canada. Red Tiger Mining Inc., (TSXV:RMN), (the “Company” or “Red Tiger”) today reported that the quarterly unaudited Consolidated Financial Statements and Management’s Discussion and Analysis report for the nine and three months ended September 30, 2011 have been filed on SEDAR, The Company’s new website is currently under construction.
SilverCrest Mines Inc. is pleased to announce strong positive cash flow, earnings and operating results for its third quarter ended September 30, 2011, being the second quarter of commercial production at its Santa Elena Mine in Sonora, Mexico. This press release should be read in conjunction with the Company’s Management Discussion & Analysis, Condensed Consolidated Interim Financial Statements and Notes to Financial Statements for the nine month period ended September 30, 2011, available on the Company’s website at www.silvercrestmines.com and on SEDAR at www.sedar.com . All monetary figures are expressed in United States dollars unless otherwise specified.
Aurcana Corporation (“Aurcana” or the “Company”) is pleased to announce that, further to the press release of November 15, 2011, it has completed its private placement financing. The private placement offering (the “Offering”) of units (“Units”) was conducted through a syndicate of agents led by RBC Capital Markets and included, BMO Capital Markets, Dundee Securities Ltd. and Stonecap Securities Inc. (the “Agents”). Pursuant to the Offering, Aurcana sold an aggregate 52,853,000 Units at a price of $0.65 per Unit for aggregate gross proceeds of approximately C$34.4 million.
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