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Press ReleasesText

Insurance Program to Be Discontinued

June 27, 2011

Nunavut Tunngavik Inc. Chief Executive Officer Terry Audla today announced the end of the Beneficiary Death and Dismemberment Insurance program.

Audla said the NTI Board of Directors made the decision based on a review that showed the premiums paid for the program outweighed the benefits received by Beneficiaries over the past few years.

by NationTalk on June 27, 2011516 Views

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Barkerville Intersects 19.9 Meters (65.4 Feet) of 83 g/t (2.429 oz/t) Gold at New Discovery Zone on Cow Mountain

Vancouver, BC – June 27, 2011 – Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) (the “Company”) reports the discovery of a new visible gold-cosalite-pyrite-quartz mineralized zone returning up to 19.9 m (65.4 feet) of 83 g/T (2.429 oz/t) gold including 821 g/T (23.943 oz/t) gold over 1.9 m (6.3 feet) – the highest gold grade recorded to date in the area by the Company. The discovery is in an untested area outside the perimeter of, and below the proposed Cariboo Gold Quartz open pit on the northwest flank of Cow Mountain in central British Columbia. Highlights are as follows (see also Table 1):

by NationTalk on June 27, 2011869 Views

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GN Helping Nunavummiut Benefit from Cruise Ship Visits

Iqaluit, Nunavut (June 23, 2011) – The Department of Economic Development & Transportation is taking immediate steps to help ensure that Nunavut communities benefit from cruise ship tourism, and that visitors leave with world-class memories.

by NationTalk on June 27, 2011590 Views

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Canada ripe with opportunities in mining, renewable energy: Ernst & Young

Sources available to discuss Canadian trends, challenges and opportunities

Toronto, June 27, 2011 – With Canada sitting in ninth position on Ernst & Young’s latest Renewable energy country attractiveness indices, many wonder what it will take to propel the industry here forward.

by NationTalk on June 27, 2011868 Views

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Finavera Wind Energy Provides Corporate Update and Releases Financial Results

Vancouver, June 27, 2011 – Finavera Wind Energy Inc. (‘Finavera Wind Energy’ or the ‘Company’) (TSX-V: FVR) is pleased to announce its 2011 First Quarter financial results and provide a corporate and project update for shareholders.

Finavera Wind Energy CEO Jason Bak said, “We have been making solid progress on our wind projects in British Columbia by assembling the required components as we move towards financial close and commencement of construction at the end of the year. We remain on track to reach a definitive agreement for the equity finance of the Wildmare Wind Energy Project, and continue to optimize financing alternatives for the Tumbler Ridge Wind Energy Project. The equity agreement for each project is a key milestone and we are ensuring that we have as many financing and project variables fixed as possible. We anticipate the award of environmental certificates for the Wildmare and Tumbler Ridge projects in October 2011. We are also in the process of identifying an appropriate lender to lead the provision of senior debt.”

by NationTalk on June 27, 2011564 Views

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Saturn Minerals Inc. Retains MI3 for Investor Relations

Vancouver, BC – June 23, 2011 -Saturn Minerals Inc. (TSX VENTURE:SMI) (“Saturn”, or the “Company”) announces that it has retained MI3 Communications Financieres Inc. (MI3) to provide investor relations and corporate communications services for the Company with a specific focus on Saturn’s French-language audience. MI3 has been retained for period of one year and will be responsible for the dissemination of English and French language corporate data packages, broker presentations and communications, analyst communications and handling of shareholder enquiries regarding Saturn and it’s coal and energy projects in eastern Saskatchewan & western Manitoba (the “Saskatoba Project”). MI3 will receive $5,000 CAD (plus HST) per month in remuneration and be reimbursed for approved expenses. Saturn will grant MI3 stock options to acquire 200,000 shares in the capital stock of the Company at an exercise price of $0.48. The Agreement and grant of stock options is subject to approval by the TSX Venture Exchange.

by NationTalk on June 24, 2011600 Views

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Athabasca Oil Sands Corp. Announces Independent Reserves and Resources Report and Operations Update

Calgary, June 24, 2011 – Athabasca Oil Sands Corp. (TSX: ATH) is pleased to announce its reserves and contingent resources have increased, the tests at Dover West are progressing and the board of directors has approved an increase to the budget for, and an acceleration of the appraisal and development program in, the Alberta Deep Basin.

by NationTalk on June 24, 2011687 Views

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Rencore Resources Announces Appointment of Vice President-Aboriginal Affairs, Grant of Stock Options and First Quarter Filings under IFRS

Toronto, Ontario – June 23, 2011 -Rencore Resources Ltd. (CNSX:RNC) (“Rencore” or the “Company”) is pleased to announce that Patricia Stirbys has been appointed Vice President – Aboriginal Affairs. Ms. Stirbys will manage the consultation and community engagement process between Rencore and Aboriginal communities.

Ms. Stirbys is an experienced negotiator, with specialization in Aboriginal Relations. Ms. Stirbys has worked on a broad range of Aboriginal issues at the federal, provincial and Aboriginal government levels, including Aboriginal initiatives in renewable energy, intergovernmental relations, education agreements and First Nation Band management. Ms. Stirbys is a lawyer, with significant experience and training in alternative methods of dispute resolution (negotiation, mediation and relationship management). She currently advises mining companies on the Aboriginal consultation process and the development of agreements. Ms. Stirbys is a former Professor with the University of Ottawa, Common Law Faculty. She is a member of Cowessess First Nation.

by NationTalk on June 24, 2011646 Views

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Provincial Multicultural Nesika Award nominations open

2011SD0009-000764
June 23, 2011

Ministry of Social Development
(Minister Responsible for Multiculturalism)

Victoria – If you know someone who is a champion for multiculturalism in their community, nominate them for a 2011 Provincial Nesika Award.

Nominations are now open for the awards, which recognize individuals, organizations and businesses that make outstanding contributions to promoting cultural diversity and Aboriginal heritage in B.C.

by NationTalk on June 23, 2011654 Views

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Nova Scotia Feed-in Tariff Forum Launched













Renewable Energy Experts from Across the Globe to Gather in Halifax Halifax, Nova Scotia – June 21, 2011 – On September 21-22, renewable energy experts from across the globe will gather in Halifax for the Nova Scotia Feed-in Tariff Forum to discuss exciting new market opportunities opening up under Nova Scotia’s Renewable Electricity Plan. The province is aiming to be a leader in renewable energy by committing to generate 25% of its electricity from renewable sources by 2015 from a current level of 13%.

by NationTalk on June 23, 2011570 Views

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Tamarack Valley Energy Reports Material Drilling Results in Lochend and Buck Lake and Announces New Core Area

Calgary, Alberta – June 22, 2011 – Tamarack Valley Energy Ltd. (TSX VENTURE:TVE) (“Tamarack” or the “Company”) is pleased to provide an update to our recent drilling results and strategic growth strategy:

• Positive drilling results at Lochend 15-32 and 8-29
• Tamarack’s first drilling results at Buck Lake 5-24
• Addition of a fourth core area – Saskatchewan heavy oil farm-in
• Closing of land acquisition from a private company in our shallow Alberta Viking oil play
• Increases to existing bank lines

by NationTalk on June 23, 2011592 Views

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Virginia Mines: Signing of a CA$6 Million Agreement With IAMGOLD on the Lac Pau Project; Update on Current Partnerships

Quebec City, Quebec – June 22, 2011 – Virginia Mines Inc. (“Virginia”)(TSX:VGQ) is very pleased to announce the signing of an agreement with IAMGOLD Corporation (” IAMGOLD “) on the Lac Pau property, located in the James Bay region, province of Quebec.

Under the terms of the agreement, IAMGOLD has the sole and exclusive right and option to earn an undivided 50% beneficial interest in the property in exchange for $6 M in exploration work over a seven-year period and total cash payments of $130,000 on or before the 3rd anniversary of the agreement. Virginia will be the operator until the completion of a positive pre-feasibility study.

by NationTalk on June 23, 2011572 Views

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Peregrine Discovers Three More Kimberlites at Chidliak

Press Releases June 22, 2011

Peregrine Diamonds Ltd. (“Peregrine” or “the Company”) (TSX:PGD) is pleased to report the discovery by drilling of three new kimberlites, CH-56, CH-57 and CH-58, on the Chidliak project (“Chidliak” or “the Project”). Chidliak is located on southern Baffin Island approximately 100 kilometres northeast of Iqaluit, the capital of Nunavut, Canada. The company has drilled 15 targets and discovered eight kimberlites since April of this year, a success rate of 53 percent. To date, 35 of the 58 kimberlites that have been discovered at Chidliak have been tested for diamonds and seven of these have economic diamond mining potential in Arctic settings. In addition to the three new discoveries, a second core hole has been drilled into the CH-55 kimberlite, the discovery of which was reported on June 2, 2011. Currently one core rig has commenced drilling on kimberlite CH-31 and the other core rig on kimberlite CH-33. The reverse circulation rig will continue drilling priority targets.

by NationTalk on June 23, 2011529 Views

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Uranium North Commences Drilling on the Amer Lake Deposit

Vancouver, British Columbia – June 21, 2011 -Uranium North Resource Corp. (“Uranium North” or the “Company”) (TSX VENTURE:UNR) announces drilling is underway on the Company’s 100% owned Amer Lake project in Nunavut. The program is designed to test for additional uranium mineralization along strike of the Main Zone deposit in an attempt to increase the existing 19.3 million pound uranium resource*.

by NationTalk on June 23, 2011526 Views

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Government of Canada announces funding for Wind Farm at M’Chigeeng First Nation

Ref. #2-3504

Ottawa, Ontario (June 21, 2011) – The Honourable John Duncan, Minister of Aboriginal Affairs and Northern Development, and the Honourable Tony Clement, Minister for FedNor, announced today a Government of Canada investment of $980,000 to enable the M’Chigeeng First Nation to implement the first phase of its Mother Earth Renewable Energy (MERE) Wind Farm Project.

by NationTalk on June 22, 2011617 Views

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Prosperity Goldfields Receives Permits for 2011 Drill Program – Drilling to Commence in Early July

Vancouver, June 21, 2011 – Prosperity Goldfields Corp. (TSX-V: PPG) (the “Company” or “Prosperity”) is pleased to announce it has received all necessary permits needed to proceed with its 2011 drill program at its 100% controlled Kiyuk gold project located in southern Nunavut. Camp construction will begin immediately and drilling is scheduled to begin around July 10. Approximately 3,500 meters of diamond drilling will test five gold targets.

by NationTalk on June 22, 2011538 Views

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Star-Orion South Diamond Project: Shore Signs MOU for No-Cost Site Waste Timber Removal for Ethanol Production

Stock Symbol: SGF: TSX

Saskatoon, June 21, 2011 – Eric Cline, Vice President Corporate Affairs of Shore Gold Inc. (“Shore” or the “company”) is pleased to announce the signing today of a Memorandum of Understanding (“MoU”) with Nipawin Biomass Ethanol New Generation Co-operative Ltd. (“Nipawin Biomass”). The MoU envisions non-merchantable waste timber from Shore’s potential future mining activities being processed and converted into cellulose-based ethanol at Nipawin Biomass’s proposed green fuel facility at Nipawin, Saskatchewan.

by NationTalk on June 22, 2011569 Views

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Premier Gold to Acquire Goldstone Resources

Thunder Bay and Toronto, ON, June 21, 2011 – PREMIER GOLD MINES LIMITED (TSX: PG) and GOLDSTONE RESOURCES INC. (TSX: GRC) (PINK SHEETS: GRSZF) jointly announced today that they have entered into a definitive agreement whereby Premier will acquire, by way of a plan of arrangement (the “Arrangement”), all of the outstanding common shares of Goldstone. Under the Arrangement, each Goldstone shareholder will receive 0.16 of a Premier share plus $0.0001 in cash for each Goldstone share held.

by NationTalk on June 22, 2011587 Views

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Another Step Forward for the Mackenzie Valley Highway Project

Monday, June 20, 2011

The Project Description Report (PDR), for the future construction of the Mackenzie Valley Highway in the Gwich’in Settlement Area, was presented to Transportation Minister Michael McLeod by Richard Nerysoo, President of the Gwich’in Tribal Council, marking another milestone in the Mackenzie Valley Highway to Tuktoyaktuk project.

by NationTalk on June 20, 2011694 Views

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SIGA Reports Increased Revenues in 2010-2011

June 16, 2011
FOR IMMEDIATE RELEASE

Saskatoon, SK – The Saskatchewan Indian Gaming Authority (SIGA) announced today revenues of $259M and a profit of $64.1M for the 2010/2011 fiscal year. This represents an increase of 6% over the previous year’s net earnings. As a non-profit corporation, 100 percent of SIGA’s profits are distributed to its beneficiaries in Saskatchewan.

by NationTalk on June 20, 2011704 Views

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Kivalliq High Grade U-Cu-Ag-Mo Intercept Extends Blaze Zone; Assays Received from Initial 10 Holes at Blaze Zone

June 20, 2011

Vancouver, B.C. – Kivalliq Energy Corporation (KIV: TSX-V) (the “Company” or “Kivalliq”) today provided an update on exploratory diamond drilling at the Blaze Zone, located approximately two kilometres west of the high grade Lac Cinquante uranium deposit, within Kivalliq’s 225,000 acre Angilak Property in Nunavut, Canada.

by NationTalk on June 20, 2011483 Views

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Supporting Training And Infrastructure Projects In Northern Ontario

June 14, 2011

The Province continues to support infrastructure and training in Northern Ontario to help build a stronger, more sustainable and diverse northern economy. These investments include: NOHFC – Emerging Technology Program:

by NationTalk on June 19, 2011710 Views

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Rencore Resources Announces the Signing of an Exploration Agreement with Webequie First Nation

Toronto, Ontario – June 17, 2011 –

Rencore Resources Ltd. (CNSX:RNC) (“Rencore” or the “Company”) is pleased to announce that it has signed an exploration agreement with the Webequie First Nation (“WFN”). This agreement is a sign of the cooperative relationship and mutual respect between Rencore and the people of the Webequie First Nation.

“Webequie First Nation is pleased that more progressive exploration companies like Rencore Resources have made the effort for meaningful engagement and we look forward to a deeper participation and partnership as the exploration program evolves,” said Chief Cornelius Wabasse.

by NationTalk on June 19, 2011568 Views

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Manitoba Unveils New Policies that will Promote Training Opportunities, Workplace Safety on Publicly Funded Projects: Ministers

News Release – Manitoba
June 17, 2011

Manitoba has moved forward on developing and implementing three new policies to expand the skills of the workforce and ensure compliance with safety requirements on publicly funded projects, Entrepreneurship, Training and Trade Minister Peter Bjornson announced today.

“The province’s commitment to expand skills and training, and invest in strategic capital projects is integral to Manitoba’s economy and will play a key role in contributing to strong economic growth into the future,” said Bjornson. “These new policies will also create more career options and meaningful employment in Manitoba’s labour market.”

by NationTalk on June 19, 2011707 Views

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Canadian Zinc and Liidlii Kue First Nation Sign Impact and Benefits Agreement for the Prairie Creek Mine

Fort Simpson, Northwest Territories – June 17, 2011 – Canadian Zinc Corporation (TSX:CZN)(OTCQB:CZICF) (“CZN”) announces the signing of an Impact and Benefits Agreement (“IBA”) with the Liidlii Kue First Nation with respect to the development and operation of the Company’s Prairie Creek Mine in the Northwest Territories of Canada.

The Liidlii Kue First Nation (“LKFN”), of Fort Simpson, NWT, is a member of the DehCho First Nations. Fort Simpson is the regional capital and largest community within the DehCho Region and is the major supply and communications centre for the Prairie Creek Mine.

by NationTalk on June 19, 2011841 Views

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Avalon Enters Into Negotiation Agreement With the Lutsel K’e Dene First Nation

Toronto, Ontario – June 16, 2011 – Avalon Rare Metals Inc. (TSX:AVL)(NYSE Amex:AVL) (“Avalon” or the “Company”) is pleased to announce that it has now entered into a Negotiation Agreement with the Lutsel K’e Dene First Nation (“Lutsel K’e”) regarding the development of the Nechalacho rare earth elements deposit, Thor Lake, NWT (the “Project”). This Negotiation Agreement is similar to the agreements Avalon has entered into with the Yellowknives Dene First Nation (News Release # 10-27 December 8, 2010), and the Deninu Ku’e First Nation (News Release #11-02 February 8, 2011), the two other Akaitcho Territory First Nations impacted by the proposed development.

by NationTalk on June 19, 2011642 Views

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Aura Silver Drilling Intersects Highly Sulphidized/ Silicified Zones at its Greyhound Project, NU

June 16, 2011

Aura Silver Resources Inc. (TSX-V:AUU) (“Aura Silver” or the “Company”) is pleased to release preliminary observations on its ongoing 4,000-metre drill program at its Greyhound property, Nunavut. This project is located 38 kilometres north of Baker Lake and 46 kilometres south of Agnico-Eagle Mines’ Meadowbank mine. The drilling program is testing various targets for gold, silver and base metals where earlier surface sampling of rock float assayed up to 28.0 g/t gold and 5,300 g/t silver. In all, approximately 25 to 40 shallow holes will test both induced polarization (IP) geophysical anomalies and rock and soil geochemical targets. Several holes intersected broad zones of disseminated sulfide associated with strong silicification, each typically from 25 to 30 metres in core length.

by NationTalk on June 19, 2011664 Views

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2011 BC Aboriginal Business Awards launched

For Immediate Release
2011PREM0066-000713
June 17, 2011

Office of the Premier
BC Achievement Foundation

Vancouver – Premier Christy Clark and BC Achievement Foundation chair Keith Mitchell announced today that nominations are now open for the third annual BC Aboriginal Business Awards.

“Aboriginal businesses across British Columbia contribute to the growth and prosperity of our local economies,” said Premier Clark. “These awards are a unique way to highlight Aboriginal business accomplishments and reflect on the importance of our Aboriginal businesspeople that employ families throughout B.C.”

by NationTalk on June 17, 2011705 Views

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Governments Celebrate Completion of Carmacks-Stewart Transmission Line Project

Whitehorse, Yukon, June 17, 2011 — With the push of a button, the Governments of Canada and Yukon and the Yukon Energy Corporation officially joined Yukon’s two major transmission grids today. This marks the completion of the second stage of the Carmacks-Stewart Transmission Project and a major phase of the overall Yukon Green Energy Legacy Project.

“With Stage 2 of the Carmacks-Stewart Transmission Project complete, Yukoners will benefit from access to additional sources of renewable power,” said Mr. Ryan Leef, MP for Yukon, on behalf of the Honourable Denis Lebel, Minister of Transport, Infrastructure and Communities. “Our government is proud to support projects such as this, which improve the quality of the environment and lead to more sustainable economies.”

by NationTalk on June 17, 2011560 Views

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Click and Win with Nunavut Eastern Arctic Shipping

Iqaluit, June 16, 2011 – Just in time for the opening of the 2011 arctic sealift season, Nunavut Eastern Arctic Shipping (NEAS) released a new tool at http://www.NEAS.ca enabling customers to submit space reservations online.

“It is super easy for sealift customers to order with NEAS,” said David Ell, Director of Marketing, Nunavut. “Fill out the space reservation form online and click submit. That’s it, and when you click, you can win with NEAS.”

by NationTalk on June 16, 2011663 Views

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The Largest Aboriginal Gala is Happening Tonight!

Calgary, June 16, 2011 – The Largest Aboriginal Gala to be held in Calgary will welcome Stephen Seagal, Adam Beach, Ashley Callingbull, Twilight Star Bronson Pelletier, Linsay Willier, The Baker Twins, Shane Yellowbird, Lorne Cardinal, Andrea Menard and the list is growing…

The celebrations are being held THIS THURSDAY with a red carpet reception followed by a sold out Gala. The Dreamcatcher Foundation and Treaty 7 Management Corporation will be presenting role model awards to various deserving community members including an Olympic hopeful and a national wrestling champion. Other notables attending include Shawn Atleo and Grand Chief Charles Weaselhead.

by NationTalk on June 16, 2011654 Views

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Media Advisory – Union Gas Celebrates 100 Years

Major Community Funding Announcement to be made at Centennial Reception

Chatham, ON, June 16, 2011 – On June 20, Greg Ebel, President and Chief Executive Officer of Spectra Energy (parent company of Union Gas), Bill Esrey, Chairman of the Spectra Energy Board of Directors, and Julie Dill, President of Union Gas, will host a Centennial reception to mark the company’s 100 years of service to customers.

by NationTalk on June 16, 2011530 Views

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Deadline Extended for Indigenous Business Leadership Award

Ottawa, June 15, 2011 – The Forest Products Association of Canada (FPAC) and the Assembly of First Nations (AFN) today announced that those wishing to nominate a First Nations entrepreneur for the joint FPAC-AFN Business Leadership Award will have an extra week to do so. The deadline is now Monday June 27th.

by NationTalk on June 16, 2011650 Views

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Golconda Announces Limited Partnership With Birch Narrows First Nation

Calgary, Alberta – June 15, 2011 -GOLCONDA RESOURCES LTD. (“Golconda”) (TSX VENTURE:GA) is pleased to announce that through its wholly- owned subsidiary Lyncorp Drilling Services Inc. (“Lyncorp”), that it has entered into a Limited Partnership Agreement with Birch Narrows Dene Development Limited Partnership (“Birch Narrows”) to form Northern Nations Diamond Drilling Limited Partnership. The Limited Partnership is owned 51% by Birch Narrows, and 49% by Lyncorp, and will be focused on providing diamond drilling services to mineral resource companies in the resource rich, mining province of Saskatchewan.

by NationTalk on June 16, 2011604 Views

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Virginia Plans a CA$17 Million Exploration Budget for 2011

Quebec City, Quebec – June 15, 2011 -Mines Virginia Inc. (” Virginia “) (TSX:VGQ) wishes to inform its shareholders and the financing community that several exploration programs, to be carried out with or without partners, are currently in progress or will begin shortly on different projects all located in Quebec.

Including work of $6.5 million already completed in the winter of 2011, Virginia intends to spend about $17 million in exploration work on its projects during the current year. Work will be carried out mostly on the James Bay territory, in the Opinaca-Eastmain, Caniapiscau and LG-4 regions and to a lesser extent on the Baie Payne and Gayot projects on the Nunavik Territory.

by NationTalk on June 16, 2011538 Views

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Zone Resources Inc. Announces Additional Historical Drilling Results, Labrador Trough, Quebec

Vancouver, British Columbia – June 15, 2011 – Zone Resources Inc. (Zone) (TSX VENTURE:ZNR) is pleased to announce additional information gathered during a compilation of historical exploration data on its Labrador Trough iron properties in the Nunavik district of northern Quebec. Results have now been compiled from the drilling program completed in the early 1950s on the Moore-Ross Mountain property which lead to the discovery of the Star (or Star-Marie) iron zone.

by NationTalk on June 16, 2011519 Views

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True North Gems Files Pre-Feasibility Study Technical Report for Aappaluttoq Ruby Deposit

Vancouver, British Columbia – June 15, 2011 – True North Gems Inc. (TSX VENTURE:TGX) (the “Company”) is pleased to announce that it has filed a technical report as required under National Instrument 43-101 that summarizes the pre-feasibility study prepared by EBA Engineering on the Aappaluttoq Ruby and Pink Sapphire Project in Southwest Greenland. This report details the results of the pre-feasibility study first reported by the Company in a news release dated June 1, 2011.

by NationTalk on June 16, 2011702 Views

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Canadian Orebodies Announces Completion of Purchase Agreement of Haig Inlet Iron Ore Project and Release of Escrowed Proceeds

Toronto, Ontario – June 15, 2011 –

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

Canadian Orebodies Inc. (TSX VENTURE:CO) (“Orebodies”) is pleased to announce the closing (the “Closing”) of its previously announced non-arm’s length acquisition of a 10% legal and beneficial interest in the Inuit Owned Lands Mineral Exploration Agreement (the “NTI Agreement”) with Nunavut Tunngavik Incorporated (“NTI”) which covers the Haig Inlet Iron Ore Project, located on the Belcher Islands, Nunavut, Canada (the “Property”). The acquisition was made pursuant to a Purchase Agreement (the “Agreement”) that entitles Orebodies to acquire up to a 100% legal and beneficial interest (subject to a 3% GOR retained by the Vendors, of which 1/3rd can be purchased by Orebodies for a maximum of $3,000,000).

by NationTalk on June 16, 2011535 Views

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Barkerville Appoints Ross Hollinger as Mine Manager For Bonanza Ledge and QR Mines

Vancouver, British Columbia – June 15, 2011 – Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) (the “Company”) announces the appointment of Ross B. Hollinger, P. Eng, as Mine Manager for both the Bonanza Ledge Mine, currently in the permitting process, and the QR Mine, the Company’s gold producing property located in Central British Columbia, Canada. Mr. Hollinger graduated from the University of British Columbia with a Bachelor of Applied Science in 1981 and is a member of the A.P.E.B.C. Mr. Hollinger has 30 years of mining experience, both in management and engineering, and has held positions ranging from Underground Supervisor to Mine Manager and has extensive experience in British Columbian mining projects.

by NationTalk on June 16, 2011761 Views

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Native American Energy Group to Present at National Investment Banking Association’s (NIBA) 118th Investment Conference in Atlanta

Forest Hills, NY – Jun 15, 2011 – Native American Energy Group, Inc. (OTCQB: NAGP) (PINKSHEETS: NAGP), an independent energy resource development and management company, today announced that the Company has been invited to present at the National Investment Banking Association’s (NIBA) 118th Investment Conference, scheduled to begin today in Atlanta, Georgia.

by NationTalk on June 16, 2011600 Views

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Stornoway Announces 56% Increase In Renard Diamond Price Estimate

June 13, 2011

Stornoway Diamond Corporation (TSX-SWY) is pleased to announce the results of a recent diamond valuation exercise undertaken in support of the ongoing feasibility study at the Renard Diamond Project, Stornoway’s 100% owned flagship project located in north central Québec. The diamond valuation was performed under the supervision of WWW International Diamond Consultants Ltd. (“WWW”) in Antwerp, Belgium between May 9th-13th, 2011. Highlights are as follows:

by NationTalk on June 16, 2011570 Views

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Chieftain Completes Tusequah Chief Preliminary Economic Assessment with Robust Economics and Extended Mine Life

Toronto, June 14, 2011 – Chieftain Metals Inc. (“Chieftain” or the “Company”) (TSX: CFB) is pleased to announce that SRK Consulting (Canada) Inc. (“SRK”) has completed an independent, NI 43-101 compliant Preliminary Economic Assessment (“PEA”) on the Tulsequah Chief polymetallic deposit located in north-western British Columbia. The Consensus Pricing Case (Mid) of the PEA calculates a pre-tax NPV(8) and IRR of C$277 million and 25%, respectively, on initial capital of C$310.1 million demonstrating robust economics at analyst consensus metal prices1. The PEA outlines the potential for annualized production of 69,400 ounces of gold equivalent (Au oz equiv)2 at a total cash cost (net of base metal by-product credits) of negative US$365/oz Au equiv or 74 million lbs of zinc at a total cash cost of negative US$0.72/lb of zinc (net of by-product credits) based on 2,000 tonnes per day over a 9-year mine life. Highlights from the PEA Mid Case are in Table 1.

by NationTalk on June 16, 2011705 Views

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Wind Monitoring Project Gets Underway in Labrador

Natural Resources
Labrador and Aboriginal Affairs
June 15, 2011

To support efforts to identify alternative sources of energy for Labrador’s coastal communities, the Provincial Government today announced the start of the Coastal Labrador Wind Monitoring Program under Phase Two of the Coastal Labrador Alternative Energy study.

by NationTalk on June 15, 2011645 Views

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Ivanhoe Energy issues operational update on major development and exploration projects

Focus on execution remains key priority

Calgary, June 15, 2011 – David Dyck, President and Chief Operating Officer of Ivanhoe Energy Inc. (TSX: IE, NASDAQ: IVAN), today issued an operational update on the company’s major initiatives and outlined the company’s priorities to advance domestic and international projects toward production.

by NationTalk on June 15, 2011506 Views

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Novus Energy Inc. Announces First Quarter 2011 Results And A Significant Acquisition Of Land In Its Core Area Of Southwest Saskatchewan

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

Calgary, June 15, 2011 – Novus Energy Inc. (“Novus” or the “Company”) (TSXV: NVS) announces that it has filed its unaudited condensed interim financial statements and management’s discussion and analysis (“MD&A”) as at and for the three months ended March 31, 2011. These documents may be accessed through the SEDAR website www.sedar.com and at the Company’s website www.novusenergy.ca.

by NationTalk on June 15, 2011555 Views

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New Gold Targets Over 40,000 Metres of Drilling at Blackwater Project in Second Half of 2011

(All figures are in US dollars unless otherwise indicated)

Vancouver, June 15, 2011 – New Gold Inc. (“New Gold”) (TSX:NGD)(NYSE AMEX:NGD) today announces its plan for the continued exploration of the recently acquired Blackwater Project in central British Columbia. Following acquisition of the Blackwater Project on June 1, 2011, New Gold is now planning to significantly increase the exploration program at the project and is targeting 40,000 to 50,000 metres of drilling in the second half of 2011. New Gold is budgeting $20 million for this exploration program.

by NationTalk on June 15, 2011623 Views

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2010 Mine Safety Awards and 2011 Provincial Mine Rescue & First Aid Competition Results

Monday, 13 June 2011

The Mining Association of British Columbia (MABC) is pleased to share the results of the 49th Annual Mine Safety Awards and the 56th Provincial Mine Rescue & First Aid Competition held on June 11, 2011, in Revelstoke BC.

The government of BC organizes an annual competition for mine rescue and first aid teams from around the province to compete in realistic tasks designed to test their emergency response and rescue abilities. This competition is an opportunity for competitors to demonstrate their skills and learn from each other. “It’s great that the provincial government continues to focus on worker safety in the mining industry, and I am always impressed by the professionalism and dedication of both the organizers and the mine rescue teams,” said Zoë Younger, Acting President and CEO of the Mining Association of BC. “The training and expertise on display in this competition is one of the reasons why the mining industry has the best safety record of all heavy industries in BC,” she concluded.

by NationTalk on June 15, 2011687 Views

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Celebrities and Notables from across the country will be attending the largest Aboriginal Gala in Calgary this Thursday!

Calgary, June 14, 2011 – The Largest Aboriginal Gala to be held in Calgary will welcome Stephen Seagal, Adam Beach, Ashley Callingbull, Twilight Star Bronson Pelletier, Linsay Willier, The Baker Twins, Shane Yellowbird, Lorne Cardinal, Andrea Menard and the list is growing…

by NationTalk on June 14, 2011676 Views

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Northern Economy Continues To Grow

June 14, 2011

McGuinty Government Connecting Communities And Supporting Training

Ontario is helping to build a stronger, more sustainable and diverse northern economy by supporting new infrastructure and training in Northern Ontario.

These new improvements include:

• Bringing cellular services to remote northern communities to connect them with cell service and broadband

by NationTalk on June 14, 2011667 Views

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De Beers Canada and Mountain Province Diamonds Provide Gahcho Kué Project Update

Toronto and New York, June 14, 2011 – Gahcho Kué JV partners De Beers Canada Inc. (51%) and Mountain Province Diamonds Inc. (49%) (TSX: MPV) (NYSE AMEX: MDM) today announced that they have:

1. Approved the Gahcho Kué feasibility study with agreed revisions and clarifications;
2. Approved the execution of the necessary development work for the Gahcho Kué project; and
3. Mandated the Gahcho Kué project operator to prepare a plan and budget for the development of the Gahcho Kué mine.

by NationTalk on June 14, 2011589 Views

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