NovaGold Appoints Gerry McConnell as Chairman of the Board Vancouver, British Columbia - (MetalsNews.com, September 1, 2010) - NovaGold Resources Inc. (NYSE-AMEX: NG, TSX: NG) today announced that Gerry McConnell has been appointed Chairman of the company's Board of Directors. Rick Van Nieuwenhuyse continues as President and Chief Executive Officer of the company and will remain on the Board as a Director. |
LEVON CLOSES BOUGHT DEAL AND NON-BROKERED FINANCINGS FOR GROSS PROCEEDS OF $11,100,000 Vancouer, BC -(MetalsNews.com - August, 31, 2010) - Levon Resources Ltd. (“Levon” or the “Company") announced the closing of its bought deal private placement with Canaccord Genuity Corp. (the “Underwriter”) previously announced on August 17, 2010 of 13,334,000 Units (the “Units”) at a price of CDN$0.75 per Unit for aggregate gross proceeds of CDN$10,000,500 (the “Offering”). |
Premier - Drilling Continues to Expand Near-Surface Gold Zones at Hardrock Vancouver, BC. - (MetalsNews.com, August 25, 2010) - PREMIER GOLD MINES LIMITED (TSX:PG) is announced that ongoing drilling continues to delineate significant near-surface gold mineralization in multiple zones at the Hardrock Project in Northwestern Ontario. Current drilling is focused on expanding and defining near-surface, open pit style, mineralization in addition to defining multiple zones of higher grade mineralization that are expected to comprise resources amenable to underground mining methods. |
Kaminak Gold Drill Hole CFD-28 Intersects 15.9 g/t Au over 5m Vancouver, B.C. - (MetalsNews.com, August 24, 2010) - Kaminak Gold Corporation (KAM:TSX-V) today announced assay results for drill hole CFD-28 from the Double Double Zone. This hole was drilled on the same section as CFD-27, which previously intersected 6.3 grams per tonne gold (g/t Au) over 35m (see Kaminak news release dated August 11th, 2010). Cross-section analysis aided by oriented core data suggests these two intercepts represent separate and parallel zones of mineralization that remain open in all directions. |
Banro Restructures its Executive Management Group and Completes The Staffing of its Project Development Team Toronto, ON - (MetalsNews.com, August 23, 2010) - Banro Corporation ("Banro" or the "Company") (NYSE AMEX - "BAA"; TSX - "BAA") announces that the Company has completed the restructuring of its executive management group and has fully staffed the mine development team responsible for constructing the Company's wholly-owned Twangiza "Phase I" gold mine in the Democratic Republic of the Congo (the "DRC"). |
New Pacific Offer for Tagish Lake Gold Corp. - Update VANCOUVER, BRITISH COLUMBIA - (MetalsNews.com, August 23, 2010) - New Pacific Metals Corp. (TSX-V: NUX) today provided an update on the take-over bid by New Pacific (the "New Pacific Offer") to acquire all of the shares ("Shares") and the offer to acquire all proven secured and unsecured debt ("Debt") of Tagish Lake Gold Corp. (TSX-V: TLG) ("Tagish"). |
Scorpio Gold Awards Crushing Contract for Re-Stacking of Leach Pad Vancouver, BC. - (MetalsNews.com, August 20, 2010) - Scorpio Gold Corporation (TSX-V: SGN) announced that its 70% owned joint venture subsidiary, Mineral Ridge Gold, LLC, has awarded a US$3 million contract to Canyon Construction Company of Elko, Nevada pertaining to the re-stacking of material on the leach pad at its Mineral Ridge project in Esmeralda County, Nevada. |
Centerra Gold Appoints New Directors Toronto, ON – (MetalsNews.com, August 19, 2010) – Centerra Gold Inc. (TSX: CG) announced the appointment of Mr. Amandgeldy Muraliev, Mr. Karybek Ibraev, and Mr. Raphael Girard to its Board of Directors. Centerra also announces the resignation of Mr. William Braithwaite from its Board of Directors. Following these changes to the Board of Directors, Centerra’s Board will be comprised of eleven members.
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