Miranda Gold Corp. is pleased to announce drill results from its Red Hill project within the Cortez Trend in Eureka County, Nevada. NuLegacy Gold Corporation (TSX-V: NUG), Miranda's funding partner on the project completed six reverse circulation holes for 6,685 ft (2,038 m) and one core hole for 2,640 ft (805 m).
Victory Resources Corp. is pleased to announce that it has entered into an agreement with GEM Global Yield Fund Limited ("GEM") for a $5.0 million CDN financing commitment. Funds raised through this facility will be used for the ongoing drill program and the subsequent engineering work to bring theReforma mine to feasibility. Funds will also be used for the development of the Company's recently optioned Boleo property in Mexico, the Toni property located near Merritt, B.C., as well as general working capital.
South American Gold Corp. today announces that it has staked an additional two unpatented mining claims at its GB-2 project.
Strongbow Exploration Inc. is pleased to announce it has completed initial sonic drilling programs at the Midway and Ridgeway gold projects, South Carolina. This work included an initial test of the Lloyd zone at Ridgeway where hole SDH-RS12-02 returned 28.96 m grading 0.97 g/t Au, 8.4 g/t Ag, and 1,840 ppm Mo, including 4.57 m grading 3.3 g/t Au, 42.0 g/t Ag and 6,960 ppm Mo.
Hondo Minerals Corporation today announced an updated report as it commences commercial scale production at its Old Tennessee Mine in Chloride, Arizona. The Company has completed initial construction of its first commercial scale extraction plant that will be used to process the estimated one million tons of tailings and dumps at the mine site. The Company intends to extract gold, silver, zinc, lead, and other metals that it believes to be present from the pile.
Athabasca Uranium Inc. is pleased to provide an update on the Keefe Lake Uranium Project in the Athabasca Basin, Saskatchewan. The Company has received the results of the lithogeochemical and PIMA/clay alteration samples and has conducted further analysis on Hole KEF-12-08, which was drilled to a depth of 553 metres (374 metres beyond the unconformity), as first reported on April 30, 2012.
Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes left the Port of Beira today, bound for an Indian steel mill.
PolyOne Corporation, a premier global provider of specialized polymer materials, services and solutions, today announced plans to open a new facility in South Africa.
In advance of a panel discussion on hydraulic fracturing regulations, Pennsylvania Department of Environmental Protection Secretary Mike Krancer today outlined in a letter to the Natural Resources Defense Council (NRDC) some perspectives that the organization missed in its May 2012 report, "In Fracking's Wake: New Rules are Needed to Protect Our Health and Environment from Contaminated Wastewater."
Magal Security Systems Ltd. today announced that it has received two orders totaling $3.4 million to supply PIDS (Perimeter Intrusion Detection System) products for a large oil company based in Latin America. Delivery is expected during the third quarter of this year.
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