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Press ReleasesText

Cougar Oil and Gas Canada Inc. Provides Manning Heavy Oil Project Update

Calgary, Alberta, June 8, 2011 – Cougar Oil and Gas Canada Inc. (“Cougar” or the “Corporation”) (OTCBB: COUGF) is very pleased to provide a project update for the Corporation’s two Manning Area heavy oil farm-ins including an updated Prospective Resource report and Feasibility Study.

On February 14, 2011 Cougar successfully completed negotiations on a two section heavy oil farm-in with a private company in the Manning area of north western Alberta. The farm-in includes a commitment for Cougar to drill one well in order to earn a 100% working interest. Upon completion of the work commitments the private company retains a 3% royalty interest on the two sections.

by NationTalk on June 9, 2011551 Views

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Benjamin Moore announces support for community and heritage groups across Canada

(Ottawa, ON) June 9, 2011 – The Benjamin Moore Community Restoration Program today announced grants and donations of paint to help 21 agencies across Canada improve significant community services or historic buildings in their communities.

A partnership between Benjamin Moore and Community Foundations of Canada, the program supports a wide range of renovation and heritage restoration projects, including this year: an emergency shelter for Aboriginal women and children fleeing violence, a community heritage museum, a palliative care hospice, and the ‘green’ renovation of an historic home for affordable housing.

by NationTalk on June 9, 2011554 Views

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Mega Provides Update on Canadian Exploration

-Commences Drilling at Mustang Lake, Labrador and Greenwich, Ontario
– Discovery of REE Mineralization at Byron Bay, Labrador
– Enters Into New Agreement in Athabasca Basin, Saskatchewan

Toronto, Ontario – March 8, 2011 – Mega Uranium Ltd. (TSX:MGA) (“Mega”) is pleased to provide an update on its Canadian exploration. These activities represent a reinvigoration of its exploration work through drilling on two properties, acquiring an interest in a uranium property and planning further drilling on uranium properties in 2011.

by NationTalk on June 9, 2011583 Views

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Uranium North Mobilizes Drill to the Amer Lake Property

Vancouver, BC, June 8, 2011 – Uranium North Resource Corp. (“Uranium North” or the “Company”) (TSX-V: UNR) reports that the drill is being mobilized for the 2011 drill program on the Company’s 100% owned Amer Lake uranium project in Nunavut. The program will attempt to increase the 19.3 million pound uranium resource*. Drilling is expected to begin around the second week of June.

by NationTalk on June 9, 2011453 Views

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Harry Winston Diamond Corporation Reports Fiscal 2012 First Quarter Results

Toronto, June 8, 2011 —

Harry Winston Diamond Corporation (TSX: HW) (NYSE:HWD) (the “Company”) today announced its first quarter Fiscal 2012 results for the quarter ending April 30, 2011.

Robert Gannicott, Chairman and Chief Executive Officer stated, “This quarter’s results reflect improving rough diamond prices combined with increasing sales and profit for the luxury brand segment. Both sides of our diamond business are performing well as we continue to achieve premium rough diamond prices and execute our luxury brand strategy. Our recently announced relationship with Diamond Asset Advisors in the creation of a polished diamond acquisition fund represents an innovative way for the Company to support its luxury brand growth objectives.”

by NationTalk on June 9, 2011589 Views

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Cultural Vision Quest at Spirit Ridge Vineyard Resort & Spa

For Immediate Release

Cultural Vision Quest at Spirit Ridge Vineyard Resort & Spa
Empowering corporate team-building program launches at Osoyoos, BC Resort

Osoyoos, BC: (June 8, 2011) Spirit Ridge Vineyard Resort & Spa, the Okanagan’s leading destination resort, is pleased to launch Cultural Vision Quest, the most unique and culturally rich team-building activity in Canada. Leading resort management and development company Bellstar Hotels & Resorts is thrilled to welcome corporate retreats and conferences to its luxurious property in Osoyoos, BC.

by NationTalk on June 8, 20111095 Views

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NML Announces Signing of an Impact and Benefit Agreement With the Nation Innu Matimekush-Lac John for Its DSO Project and the Start of Mobilization to Commence Construction During This Summer

Calgary Alberta – June 8, 2011 –

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

New Millennium Capital Corp. (“NML” or the “Corporation”) (TSX VENTURE:NML) announced today the signing of an Impact and Benefit Agreement (IBA) between Tata Steel Minerals Canada (TSMC), a joint venture between NML and Tata Steel, and Nation Innu Matimekush-Lac John (NIMLJ). The “life of mine” agreement promotes and governs a mutually beneficial development of New Millennium’s direct shipping iron ore (DSO) project located in western Labrador and north eastern Quebec, near Schefferville, Quebec. NML also announces the start of mobilization to commence construction during this summer.

by NationTalk on June 8, 2011656 Views

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The First Nation of Nacho Nyak Dun and Victoria Extend Exploration Agreement at Dublin Gulch, Eagle Gold Deposit, Yukon

Toronto, Ontario – June 7, 2011 – Victoria Gold Corporation (TSX VENTURE:VIT) (“Victoria” or “the Company”) is pleased to announce a one year extension of an Exploration Agreement between the First Nation of Nacho Nyak Dun and Victoria.

Victoria and the First Nation of Nacho Nyak Dun have been actively engaged in negotiating a Comprehensive Cooperation Benefits Agreement (“CBA”) on the Eagle Gold Deposit and are making significant progress. In the interim both parties have agreed to extend the existing Exploration Agreement for an additional one year. Upon completion the CBA will supersede the Exploration Agreement.

by NationTalk on June 8, 2011541 Views

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Encanto Potash Trades On The OTCQX, Provides Further Information On Off-Reserve Meetings, Land Designation Vote And Preliminary Economic Assessment

TRADING SYMBOL: TSX.V : EPO

Vancouver, June 8, 2011- Encanto Potash Corp. (“Encanto” or the “Company”) (TSXV: EPO) (OTCQX: ENCTF) is pleased to announce that it has qualified for trading on the OTCQX and that its shares have begun trading effective June 7, 2011 under the symbol ENCTF. The Company will continue to trade on the TSX Venture Exchange under the symbol EPO.

by NationTalk on June 8, 2011485 Views

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Neskonlith Demands Consultation Over Smartcentres Development

Wednesday, 08 June 2011

Expert Says Flooding Risk Not Properly Studied

The Neskonlith Indian Band is demanding that the City of Salmon Arm immediately engage in proper consultation regarding the proposed Smart Centres development. Neskonlith just submitted a report to City Council by Professor Michael Church, a leading expert in flood hazard and risk assessment, in which he concluded that the developer has not properly assessed the potential flood hazard of the development. Neskonlith Indian Band Chief Judy Wilson stressed:

by NationTalk on June 8, 2011599 Views

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Hydro One receives Canadian Electricity Association’s Sustainable Electricity Social Responsibility Award

Toronto, June 8, 2011 – Hydro One has received the Canadian Electricity Association’s (CEA) 2010 Sustainable Electricity Social Responsibility Award in recognition of its leadership in engaging its stakeholders.

The annual CEA Sustainable Electricity Program rewards exceptional sustainable development performance of CEA member companies. Many members invest in innovative and cutting-edge projects that have lasting benefits to the communities in which they operate. The Sustainable Electricity awards program recognizes those companies that reduce adverse impacts and contribute to environmental, social, or economic sustainability and the long-term success of the electricity industry. Awards submissions are evaluated by the Sustainable Electricity program’s Public Advisory Panel.

by NationTalk on June 8, 2011527 Views

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Government Assistance Plan for Inuit Communities Advancing Oil Tank Repair and Replacement

Labrador and Aboriginal Affairs

June 8, 2011

A schedule of pre-inspections for the Inuit communities of Nain, Hopedale, Postville, Makkovik and Rigolet is moving a comprehensive Government Assistance Plan for oil tank repair and replacement closer to completion.

by NationTalk on June 8, 2011534 Views

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BC Recognizes Ontarians for Being Prepared

Toronto, June 7, 2011- Insurance Bureau of Canada (IBC) is pleased to present awards to the Ontario communities with the highest participation rates per capita in the Emergency Preparedness Challenge presented by Emergency Management Ontario (EMO).

“We are pleased to recognize those communities with residents who have taken steps to be better prepared for disaster,” said Ralph Palumbo, Vice-President, Ontario, IBC. “Our industry has seen first-hand the devastating impact that disasters can have on individuals, families and communities. Especially with many recent examples of disasters around the world – fires, tornadoes, flooding and more – the time to get prepared is now.”

by NationTalk on June 7, 2011518 Views

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Mining Association Of Canada (MAC) Applauds Federal Budget 2011

Ottawa, June 7, 2011- “The mining industry is an engine of economic growth in Canada”, said Pierre Gratton, President and CEO of the Mining Association of Canada “and we applaud those measures in the budget that support and enhance that growth”. Particular measures include:

• reductions in Canada’s corporate tax rate
• support for enhanced flow-through shares

by NationTalk on June 7, 2011557 Views

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Probe Mines Announces Assay Results for its Borden Lake Gold Project near Chapleau, Ontario; Gold Zone Extended to 1.2 km Strike Length

Toronto, June 7, 2011 — PROBE MINES LIMITED (TSX-V: PRB) (“Probe” or the “Company”) is pleased to announce that it has received further assays from the ongoing drilling program at the Company’s Borden Lake Gold Project near Chapleau, Ontario. Results for diamond drill holes BL11-29 to BL11-36 were received and have successfully extended the Borden Lake gold zone mineralization to approximately 1.2 kilometres in strike length. The mineralized zone remains open in both directions along strike and to depth. The Company is very encouraged by these results and the open-pit size potential of the Borden Lake Gold Zone and has contracted a second drill to increase drill capacity on the project in order to prepare for the initiation of an NI 43-101-compliant resource estimate report, which is expected to commence this summer.

by NationTalk on June 7, 2011525 Views

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Nemaska Announces Updated Resource Estimate on Whabouchi

25 MT Measured and Indicated In-Pit Resource

Quebec City, Quebec – June 7, 2011 –

NOT FOR DISTRIBUTION IN UNITED STATES.

Nemaska Exploration Inc. (“Nemaska” or the “Corporation”) (TSX VENTURE:NMX)(OTCBB:NMKEF)(FRANKFURT:NOT) is pleased to announce that an updated National Instrument (NI) 43-101 compliant mineral resource estimate has been completed by André Laferrière , M.Sc. P.Geo., of SGS Canada Inc. – Geostat (“SGS Geostat”). The mineral resource was estimated inside an optimized pit shell with the software Whittle using all the categories of resources. The interpolated blocks of the block model located below the optimised pit shell are not included in the mineral resources.

by NationTalk on June 7, 2011508 Views

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Advanced Explorations Inc. Completes Phase 1 Geotechnical Drilling for Port Development Study on Roche Bay Iron Project

Toronto, Ontario – June 7, 2011 – Advanced Explorations Inc. (TSX VENTURE:AXI)(FRANKFURT:AE6) (the “Company” or “AEI”) is pleased to announce it has completed the first round of geotechnical drilling for the port development study at the Roche Bay iron project located on the coast of the Melville Peninsula in Nunavut, Canada. The geotechnical program is an instrumental part of the ongoing feasibility study at Roche Bay and involved the drilling of two potential port area alternatives in the Roche Bay, which is a natural deep water harbour within a few kilometres of the project’s ore body.

by NationTalk on June 7, 2011546 Views

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Retransmission: Diamonds North Acquires Property with High Gold Grades in Multiple Drill Holes

Vancouver, British Columbia – June 6, 2011 -Diamonds North Resources Ltd. (TSX VENTURE:DDN) has acquired 100% interest in the Esker gold property in Nunavut. The Esker claim covers several kilometres of gold bearing stratigraphy. Drill intercepts of gold mineralization are as high as 8.2 g/T gold over 13 metres, including 17.7 g/T gold over 5.7 metres; and, 2.4 g/T gold over 71 metres which includes several high grade zones (see table below). For a video presentation on this project visit our website www.diamondsnorth.com.

by NationTalk on June 7, 2011452 Views

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Zone Resources Inc. Expands the Known Zone of Iron Mineralization at the Moore-Ross Mountain Property, Quebec

Vancouver, British Columbia – June 6, 2011 – Zone Resources Inc. (Zone) (TSX VENTURE:ZNR) announces that it has expanded the known zone of mineralization at the Moore-Ross Mountain Property due to additional information gathered during a compilation of historical exploration data on its Labrador Trough Iron Properties in the Nunavik district of northern Quebec.

On May 4th 2011, Zone announced a summary of a partial set of drill results for the Moore Iron Zone on the Company’s 7,000-hectare Moore-Ross Mountain property. Additional information has now been compiled from reports of statutory work filed by Fenimore Iron Mines Ltd. in 1952.

by NationTalk on June 7, 2011467 Views

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Cougar Oil and Gas Canada Inc. Updates Trout Light Oil Project

Calgary, Alberta – June 7, 2011 – Cougar Oil and Gas Canada Inc. (“Cougar” or the “Corporation”) (OTCBB:COUGF) is pleased to provide an update for the Corporation’s Trout light oil project including the preparation of an updated drilling prospect reserve report.

The Corporation has finished the initial interpretation and evaluation of the Trout 3D seismic that was acquired and processed earlier this year. Over 20 vertical Keg River and Granite Wash light oil targets have been identified and 15 of these targets have been selected to be included in a drilling prospect reserve evaluation report. On June 3, 2011 Cougar signed an engagement letter with an independent reserves company to review and prepare the drilling prospect report. During the initial project meeting it was confirmed the 15 selected locations will be evaluated and assigned a range of proven, probable and possible reserve estimates and risked NPV values. Cougar anticipates that this report will be finished and released by the end of June.

by NationTalk on June 7, 2011529 Views

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Zenyatta Ventures Ltd.; Drilling Continues at Albany Project; Mediation is On-Going While Court Adjourned to June 15

Thunder Bay, Ontario – June 6, 2011 – Zenyatta Ventures Ltd. (TSX VENTURE:ZEN) (“Zenyatta” or “Company”) announces that the Motion for Injunction relief by Constance Lake First Nation (“CLFN”) in Ontario Superior Court was adjourned again until June 15th. In the meantime, Zenyatta, CLFN and Ontario (“Crown”) have been engaged in Mediation with Superior Court Justice Campbell while drilling continues at the Albany Project. If the parties do not reach a consensus during Mediation, the Motion for an Interim Injunction will be argued on June 15, 2011 before Justice Lederman in Ontario Superior Court.

by NationTalk on June 7, 2011463 Views

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Taseko Pursues Federal Approval for New Prosperity, Submits Revised Project Description

Public Online Information Resource Launched to Promote Open Discussion

Vancouver, June 6, 2011 – Taseko Mines Limited (TSX: TKO; NYSE Amex: TGB) (“Taseko” or the “Company”) has submitted a revised project description to the Federal Government in pursuit of final approval of its New Prosperity Gold-copper Project.

by NationTalk on June 7, 2011540 Views

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Amazon.ca boosts international literature with grant to Banff Translation Centre

Media Release
June 6, 2011

With one of its first grants to a Canadian organization, online retailer Amazon.ca will support a comprehensive literary program that brings translators from around the world to The Banff Centre. Set for scholarships, the $15,000 Amazon.ca donation will support international translators working with literature from the Americas, and North Americans translating global literature into English and French at the Banff International Literary Translation Centre (BILTC).

by NationTalk on June 6, 2011898 Views

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New Path Towards Sustainable and Responsibly Sourced Aggregates Applauded

The establishment of a not-for-profit organization bringing together industry, communities, environmental groups and First Nations organizations to create world-class certification standards raises the bar and signals a new era of collaboration.

Ottawa, June 6, 2011 – The Cement Association of Canada applauded Holcim Canada and Environmental Defence today for their visionary collaboration in establishing the not-for-profit organization Socially and Environmentally Responsible Aggregates (“SERA”) previously announced on June 1, 2011 and, in so doing, charting a new course for sustainable and environmentally responsible aggregate extraction and consumption.

by NationTalk on June 6, 2011612 Views

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Drilling has commenced at Radius’ Sixty Mile Project, Yukon Territory

Vancouver, June 6, 2011 – Radius Gold Inc. (TSX-V: RDU) is pleased to report that drilling is underway at its Sixty Mile project in west-central Yukon, 75 kilometres west of Dawson City at the Canada/U.S. border. Five thousand meters of drilling are planned to test the epithermal gold targets in the Sixty Mile river valley.

by NationTalk on June 6, 2011516 Views

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Aboriginal supportive housing underway in Vancouver

 For Immediate Release
June 3, 2011

Ministry of Energy and Mines
(Minister Responsible for Housing)
Infrastructure Canada, City of Vancouver

Vancouver – Construction is underway on a new $12.2-million housing development in downtown Vancouver that will offer safe, affordable housing with support services for those who are homeless or at risk of homelessness and for Aboriginal people who travel to the city for medical treatment.

by NationTalk on June 6, 2011612 Views

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Labour concerns resurface in annual survey of business community

News Release
For Immediate Release

(Calgary, AB) – Today the Calgary Chamber of Commerce released results from its annual survey of members which identifies the business community’s most important issues for 2011. The priorities, which guide the work of the Chamber’s committee’s and advocacy efforts, are:

1. Economic competitiveness
2. Labour attraction, retention and skill development
3. Government fiscal management
4. Municipal affairs
5. Health care reform

by NationTalk on June 3, 2011673 Views

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Request For Proposals – Dehcho Youth/Elders Ecology Camp 2011

BOX 89, FORT SIMPSON, N.W.T. X0E 0N0
TEL : (867) 695-2355/2610 FAX : (867) 695-2038
EMAIL: dcfn@dehcho.org

Dehcho First Nations is seeking proposals from interested communties and parties for hosting the Annual Dehcho Summer Youth/Elders Ecology Camp. Dehcho First Nations Leadership , requests proposals from interested communities and parties within the Dehcho Region.

by NationTalk on June 3, 2011552 Views

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Growth Opportunities on Manitoulin Island

 June 2, 2011

McGuinty Government Boosts Local Economy, Creates Jobs

New projects are moving forward on Manitoulin Island, creating 27 new jobs and boosting the local economy.

Ontario is helping to:

• Improve safety and runway conditions at the Gore Bay-Manitoulin Airport

by NationTalk on June 3, 2011799 Views

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New Preliminary Assessment Completed for Seabridge Gold’s Courageous Lake Project

Thursday, 2nd June 2011

Study Predicts 16 Year Mine Life with Average Annual Gold Production of 383,000 Ounces.

Estimated Pre-Tax NPV of US$1.6 Billion at a 5% Discount Rate and IRR of 18.1% at Current Gold Price.

Toronto, Canada… Seabridge Gold announced today the results of a new Preliminary Economic Assessment (“PEA”) for its 100%-owned Courageous Lake project located in the Northwest Territories. The new PEA was prepared by Wardrop, a Tetra Tech Company (Wardrop). The 2011 PEA Executive Summary can be found at www.seabridgegold.net/CL-PEA_ExecSummary2011.pdf. The complete PEA will be filed at www.sedar.com within 45 days.

by NationTalk on June 3, 2011510 Views

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Geomark Announces First Quarter 2011 Results

Calgary, Alberta – June 2, 2011 –

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Geomark Exploration Ltd. (Geomark or the Company) (TSX VENTURE:GME) is pleased to announce its operating and financial results for the first quarter ended March 31, 2011. The quarterly report is summarized in this release, with the complete version of the related condensed consolidated financial statements and notes, as well as management’s discussion and analysis, available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and on Geomark’s website at www.geomark.ca

by NationTalk on June 3, 2011535 Views

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Xstrata Zinc Enters Agreement to Acquire Canadian Zinc Prospects

Toronto, Ontario – June 2, 2011 – Xstrata Zinc has entered into a binding agreement with Sabina Gold and Silver Corporation to purchase the Hackett River and Wishbone exploration properties in the Western Kitikmeot region of Nunavut, North Canada.

Exploration drilling in Hackett River is underway and has confirmed an NI 43-101 compliant resource of circa 60 million tonnes of ore containing zinc, silver, copper, lead and gold, with approximately 5.2 million tonnes of zinc equivalent, housed within four proximal near surface deposits amenable to open pit mining. Both properties contain significant additional exploration potential.

by NationTalk on June 3, 2011563 Views

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Barkerville Closes Acquisition of Myrtle-Proserpine and Promise Properties

Vancouver, British Columbia – June 2, 2011 – Barkerville Gold Mines Ltd. (the “Company”) (TSX VENTURE:BGM)(FRANKFURT:IWUB) announces that it has closed the purchase of the Myrtle-Proserpine and Promise Properties (the “Acquisition”) with Huakan International Mining Inc. (formerly Merit Mining Corporation) under the terms previously disclosed on May 13, 2011 (News Release 11-10).

by NationTalk on June 3, 2011588 Views

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Peregrine Discovers Four New Kimberlites and Completes 11,000 Line-Kilometre Airborne Geophysical Survey at Chidliak

Vancouver, British Columbia – June 2, 2011 – Peregrine Diamonds Ltd. (TSX:PGD) (“Peregrine” or “the Company”) is pleased to report the discovery by drilling of four new kimberlites, CH-52 to CH-55, on the Chidliak project (“Chidliak”). Chidliak is located on southern Baffin Island approximately 100 kilometres northeast of Iqaluit, the capital of Nunavut, Canada. The company has discovered five kimberlites since April of this year, bringing to 55 the total number of kimberlites discovered at Chidliak since August, 2008. Seven of the 35 kimberlites tested for diamonds to date have characteristics consistent with economic diamond mining potential in Arctic settings. In addition to the new discoveries, core holes were drilled into the CH-17 and CH-28 kimberlites that were discovered in 2010 and an 11,000 line-kilometre heli-borne magnetic/electromagnetic geophysical survey was completed. Two core rigs and a reverse circulation (“RC”) rig are currently drilling at Chidliak.

by NationTalk on June 3, 2011492 Views

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Sabina Gold & Silver Announces Agreement With Xstrata Zinc Canada to Sell Hackett River Project and Certain Wishbone Claims

Vancouver, British Columbia – June 2, 2011 – Sabina Gold & Silver Corp. (TSX:SBB) –

-Definitive agreement signed to sell Hackett River and part of Wishbone for $50 million cash and reservation of a silver production royalty equal to 22.5% of first 190 million ounces of Silver product and 12.5% thereafter-

Sabina Gold & Silver Corp. is pleased to announce that it has entered into a definitive agreement (the “Agreement”) to sell its 100% owned Hackett River property and certain claims on the Wishbone Greenstone belt (the “Properties”) to Xstrata Canada Corporation, Xstrata Zinc Canada Division (“Xstrata”).

by NationTalk on June 3, 2011621 Views

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Diamonds North Stakes Claims With 11.2 g/T Gold Over 3 Metres

Vancouver, British Columbia – June 2, 2011 – Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces staking of the Yandle and River gold properties in Southern Nunavut. The Yandle claims cover several prospects one of which yielded 11.2 g/T gold over 3 metres in a historical drill hole. Within the River claim block several prospects have also been reported including a grab sample that yielded 84.0 g/T gold.

by NationTalk on June 3, 2011541 Views

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Canadian Forces Liaison Council Salutes 2011 National Employer Support Award Recipients

Ottawa—The Canadian Forces Liaison Council (CFLC) presented the Ninth Biennial National Employer Support Awards on Wednesday, June 1, 2011. Seventeen organizations from across Canada, including government, business and academic institutions, received national awards for their outstanding support to Canadian Forces Reserve members.

“The Canadian Forces can rely on Reservists only because Reservists rely on their civilian employers and educators for support,” said John Eaton, National Chair of the CFLC and Chairman of Eaton’s of Canada, Inc. “There are many organizations across the country that support Reservists in important and meaningful ways, and they all deserve our thanks for being partners in Canada’s defence.”

by NationTalk on June 2, 2011724 Views

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Nanika Announces Rivett Lake Program

Vancouver, June 2, 2011 – Nanika Resources Inc. (TSXV:NKA) and (FSE:C7X) is pleased to announce that it will proceed with an exploration program on its 100 per cent owned Rivett Lake gold property in the Northwest Territories.

A crew will be onsite within the next month for mapping, grab sampling, channel sampling, and prospecting. The proposed exploration program for the Rivett Lake claims includes: compilation of the known mineral occurrences onto maps, systematic sampling using gps locations, plotting of sampling results and an evaluation of targets for further exploration by trenching and drilling. At the present time it is expected an additional 2011 work program will commence as soon as the results of phase one have been evaluated for favourable outcomes.

by NationTalk on June 2, 2011490 Views

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Baosteel Resources Completes Strategic Investment With Noront

Toronto, June 2, 2011 – Noront Resources Ltd. (“Noront” or the “Company”) (TSX Venture: NOT) is pleased to announce the closing of the previously announced strategic investment by Baosteel Resources International Co., Ltd. (“Baosteel”), part of The Baosteel Group, one of China’s largest steel producers. Baosteel has acquired 20,234,967 Units of Noront at a price of $0.86 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant (each whole warrant a “Warrant”). Each Warrant shall be exercisable to acquire one common share of Noront at an exercise price equal to C$1.16 for a period of 24 months following the closing date. Net proceeds of the common share portion are approximately C$17.4 million and Baosteel’s ownership interest in Noront post transaction will be 9.9%. Exercise of the Warrants would increase Baosteel’s equity ownership interest in Noront to 14.15%, with additional aggregate proceeds to Noront of approximately C$11.7 million.

by NationTalk on June 2, 2011642 Views

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Xstrata Nickel Shares $15.2 Million of Raglan’s Operating Profit with Inuit Communities

Quebec, June 1, 2011 – Xstrata Nickel Raglan Mine today presented a cheque in the amount of Cdn$15.2 million to the Makivik Corporation and the Inuit communities of Kangiqsujuaq and Salluit. This sum represents the Inuit communities’ share of the profits generated in 2010 by the Raglan nickel mine operation, located in Nunavik, Northern Québec.

To date, more than Cdn$100 million in profit-sharing payments have been directed to an Inuit trust fund for economic and community development through the Raglan Agreement.

by NationTalk on June 1, 2011629 Views

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Nunatsiavut Government Request for Proposals (RFP) Uranium Mining Workshop

The Nunatsiavut Government is seeking a qualified consultant to plan and deliver a three-day uranium mining workshop in Happy Valley-Goose Bay, NL on the risks and benefits of uranium mining.

All proposals must be in either paper copy or pdf format.

Deadline: June 24, 2011 4:00 p.m. local time

by NationTalk on June 1, 2011846 Views

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Nemaska Announces Final Drill Results From Winter Drilling Program at Whabouchi Lithium Project

42.7 m at 1.83% Li2O, 42.2 m at 1.61% Li2O, 39.6 m at 1.56% Li2O and 23.8 m at 1.83% Li2O

Quebec City, Quebec – June 1, 2011 – Nemaska Exploration Inc. (“Nemaska” or the “Corporation”) (TSX VENTURE:NMX)(OTCBB:NMKEF)(FRANKFURT:NOT) is pleased to report the results of the last 15 holes from its diamond drill program recently completed on its 100% owned Whabouchi lithium project. In total 8,913 metres have been drilled in 48 holes. The results of these last 15 holes continue to illustrate the high-grade of the main mineralized zone and confirm the presence of smaller dykes to the South of the Main zone. Highlights include: 42.7 m at 1.83% Li2O and, 42.2 m at 1.61% Li2O, 39.6 m at 1.56% Li2O and 23.8 m at 1.83% Li2O. The results of the previous holes have been released on March 24, and April 11, 20 and 27, 2011. Following this last diamond drill program, the results of a new resources estimate are expected later this month.

by NationTalk on June 1, 2011485 Views

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Yellowhead Mining Inc. Appoints VP Environment, Community & First Nations Relations; Also Manager, Corporate Administration

Vancouver, British Columbia – June 1, 2011 -Yellowhead Mining Inc. (“Yellowhead”) (TSX VENTURE:YMI) is pleased to report two recent management appointments.

Charlene Higgins:Vice President Environment, Community & First Nations Relations

Charlene Higgins has a Master of Science and a Doctorate Degree in Ecology from the University of British Columbia. Charlene has over 14 years experience working with Aboriginal communities and organizations as a senior policy advisor and negotiator. She has participated as an expert and advisor in international (United Nations), national and provincial arenas on issues pertaining to the sustainable use and management of natural resources. Charlene is a member of the Canadian Standards Association (CSA) Technical Committee on Sustainable Forest Management, the Pan European Forest Certification (PEFC) National Governing Body, and the BC First Nations Environmental Assessment Technical Working Group.

by NationTalk on June 1, 2011658 Views

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Nemaska Redeems the $1M Convertible Debenture Issued in Favor of Golden Goose Resources Inc.

Quebec City, Quebec – May 31, 2011 – Nemaska Exploration Inc. (“Nemaska” or the “Corporation”)(TSX VENTURE:NMX)(OTCBB:NMKEF)(FRANKFURT:NOT) is very pleased to confirm that it has completed the purchase of the $1M convertible debenture that it had issued in favour of Golden Goose Resources Inc., on January 15, 2010 as a partial payment for the purchase of the Lac Levac and Lac des Montagnes mining properties. Nemaska has paid a total amount of $925,000 in full payment of the debenture.

by NationTalk on June 1, 2011472 Views

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Zone Resources Inc. Adds to its Labrador Trough Iron Project, Quebec

Vancouver, British Columbia – June 1, 2011 – Zone Resources Inc. (Zone) (TSX VENTURE:ZNR) announces that it has acquired an option to earn a 100% interest in the Bob Lake Iron Property, consisting of approximately 7,500 hectares, located in Nunavik, northern Quebec. The Property is situated between the Moore-Ross Mountain Property to the north and the Girard Lake Property to the south bringing the total project size to 41,500 hectares in the “Labrador Trough Iron Project”.

by NationTalk on June 1, 2011482 Views

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Fortune Minerals Releases First Quarter 2011 Results

London, ON, June 1, 2011 – Fortune Minerals Limited (TSX-FT) (“Fortune Minerals” or the “Company”) is pleased to announce that its consolidated financial statements prepared under the newly adopted International Financial Reporting Standards (“IFRS”) and management’s discussion and analysis of financial condition and results of operations for the period ended March 31, 2011 have been filed and will shortly be available on SEDAR (www.sedar.com) or through the Company’s web site (www.fortuneminerals.com). The Company’s transition date to IFRS was January 1, 2010, and its first financial statements prepared under IFRS are the interim financial statements for the three months ended March 31, 2011. The March 31, 2011 financial statements include full disclosure of the Company’s accounting policies, including new accounting policies under IFRS, and complete reconciliations of previously disclosed comparative period financial statements prepared in accordance with Canadian generally accepted accounting principles to IFRS, with adjustments explained, in Note 15.

by NationTalk on June 1, 2011562 Views

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Oceanic Appoints SECOR to Study Potential Economic Benefits to Nunavik and the Province of Quebec

Vancouver, British Columbia – May 31, 2011 – Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF) (the “Company”) is pleased to announce that it has engaged SECOR, an international strategic consulting firm to produce a high level economic impact study to be used as the basis for its continuing discussions with the Quebec government in relation to the potential economic benefits of the development of the Ungava Bay Project under the Plan Nord. This initial study lays the foundation for further analysis as the Project develops, focusing on job creation, fiscal revenues, infrastructure development and potential economic and structural benefits for the local communities in the region.

by NationTalk on June 1, 2011568 Views

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Azimut defines Copper-Nickel and Rare Earth targets at Diana, Nunavik, northern Quebec

Longueuil, QC, June 1, 2011 – Azimut Exploration Inc (“Azimut” or “the Company”) (TSXV: AZM) reports excellent results from its 100%-owned Diana property in Nunavik, northern Quebec. Strong and extensive anomalies in lake-bottom sediments from the property include copper (up to 1,010 ppm Cu), nickel (up to 549 ppm Ni), cobalt (up to 260 ppm Co), and combined rare earth elements (REE) and yttrium (up to 1,218 ppm REE+Y). Supported by magnetic and geological data, these geochemical anomalies delineate several highly prospective targets.

by NationTalk on June 1, 2011555 Views

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Copper Fox Commences 2011 Drilling Program, Updates Other Activities at Schaft Creek

Vancouver, British Columbia – May 31, 2011. (“Copper Fox” or the “Company”) (TSX-V: CUU) is pleased to announce that diamond drilling of DDH CF407-2011 at Copper Fox’s 100% owned Schaft Creek copper-gold-molybdenum-silver porphyry deposit located in northwest British Columbia has commenced. This hole is designed to test the eastern extension of the large chargeability anomaly associated with the zone of higher-grade mineralization intersected in 2010. An update on the progress of the resource estimate and airborne magnetic survey is also provided.

by NationTalk on June 1, 2011521 Views

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Forum Announces Addition to Management Team

Vancouver, B.C. May 31, 2011. Forum Uranium Corp. (FDC: TSX-V) is pleased to announce that Matt Terriss has joined the Company as Director, Corporate Affairs. Mr. Terriss comes with 20+ years experience in the investment and securities sector. He will be responsible for the investor outreach efforts of the company, including capital-raising, investor relations, marketing, and business development. The Company looks forward to the addition of Mr. Terriss to the Forum Uranium management team.

by NationTalk on June 1, 2011682 Views

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