Citation Resources Inc. (the "Company") is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp.
Alderon Iron Ore Corp. ("Alderon" or the "Company") is pleased to announce it, through The Kami Mine Limited Partnership, has entered into a definitive Engineering, Procurement and Construction Management Agreement (the "EPCM Agreement") with WorleyParsons Canada Services Ltd. ("WorleyParsons") who will be the engineering, procurement and construction management ("EPCM") contractor for the development of the Kami Iron Ore Project (the "Kami Project").
Castillian Resources Corp. ("Castillian") and Ridgemont Iron Ore Corp. ("Ridgemont") have signed a definitive arrangement agreement (the "Agreement") pursuant to which Castillian will acquire all of the outstanding shares of Ridgemont by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction").
Centerra Gold Inc. (TSX:CG) reports that a large section of Kumtor's principal waste-rock dump, the Davidov Valley Waste-rock Dump, is experiencing a greater than anticipated rate of movement.
Double Crown Resources, Inc. , a fully reporting company (hereinafter, "Double Crown"), would like to update shareholders on the status and latest developments with the company's 100% owned Bateman gold & mineral mining property located in the Shebandowan Greenstone Belt area of Thunder Bay, Ontario.
Portage Minerals Inc. ("Portage") today announced it has entered a non-binding letter of intent ("LOI") for the acquisition of Portage by Tri-Star Resources PLC ("Tri-Star"), a listed issuer on the AIM market of the London Stock Exchange under the symbol TSTR.
Nuinsco Resources Limited ("Nuinsco" or "the Company") today announced that its 50%-owned subsidiary CBay Minerals Inc. ("CBay") has enhanced its position in the Chibougamau mining camp by acquiring the Devlin copper project. Devlin is an advanced-stage, shallow, flat-lying, copper deposit located approximately 35 km southeast of the town of Chibougamau and easily accessible from the existing road network. Devlin has the potential to be a feed source for CBay's Copper Rand mill in the near term.
Serengeti Resources Inc. is pleased to announce that it has acquired through staking, a 100% interest in a 5675 Ha property ("Red Chris North Property") comprising two claim blocks located 8 to 10 km north of Colorado Resources recent high grade copper-gold discovery at North Rok in the Red Chris district of north-western British Columbia.
Soltoro Ltd. has received the first year anniversary option payment of US $125,000 from Gold Reserve Inc. who has the right to earn an undivided 51% interest in Soltoro's 100% owned La Tortuga property located in Jalisco State, Mexico.
VMS Ventures Inc. ("VMS Ventures" or the "Company") updates shareholders on the progress of its winter drill programs.
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