December 7, 2012 - Bull Market News

Amended Resource Estimate for the Sao Jorge Gold Deposit – Significant Increase in Gold Grade and Contained Ounces

Dec 7, 2012

Amended Resource Estimate for the Sao Jorge Gold Deposit – Significant Increase in Gold Grade and Contained Ounces Indicated Resource of 14.42 MT Grading 1.54 G/T Gold (715,000 Oz) and Inferred Resource of 28.19 MT Grading 1.14 G/T Gold (1,035,000 Oz) at a 0.3 G/T Cut-Off Vancouver, British Columbia CANADA, December 07, 2012 /FSC/ – Brazilian Gold Corporation (BGC – TSX Venture), reports an amended NI43-101 mineral resource estimate for the Sao Jorge gold deposit that was...

DISCOVERY VENTURES INC. CLOSES 2nd and FINAL TRANCHE OF ITS OFFERING

Dec 7, 2012

VANCOUVER – Discovery Ventures Inc. (“Discovery” or the “Company”) (TSX VENTURE:DVN) The Company is pleased to announce that it has closed the 2nd and final tranche of its previously announced private placement. The second tranche consisted of 2,460,000 units raising a further $615,000 for the Company. The hold period expiry date in respect of the shares comprising the units and the shares issued upon exercise of the shares purchase warrants related to the 2nd tranche is April 8,...

Latin American Minerals Commences Deep Target Identification Program at Paso Yobai Gold Project

Dec 7, 2012

TORONTO, ONTARIO–(Marketwire – Dec. 7, 2012) – Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the “Company“) announces the commencement of CSAMT geophysical surveys at the Paso Yobai Project in Paraguay, an early start to the 2013 exploration campaign to drill the project’s multiple geochemical gold targets. The ground-based geophysical survey will initially focus on the X-Mile Trend prior to covering the Discovery Trend and multiple outlying...

Mediterranean Resources Ltd. – Grant of stock options

Dec 7, 2012

VANCOUVER, Dec. 6, 2012 /CNW/ – Mediterranean Resources Ltd. (TSX: MNR, Frankfurt: MHM1) (the “Company”) advises that it has granted the following: (i) an aggregate of 400,000 incentive stock options to its directors exercisable at $0.10 per share for a period of five years, vesting immediately. This will bring the total number of options outstanding to 3,990,000 (representing under 10% of the Company’s issued and outstanding common shares pursuant to the Company’s...

SGX Announces Closing of $3.15 Million Private Placement

Dec 7, 2012

Dale Ginn, President and CEO of SGX Resources Inc. (TSX VENTURE:SXR) (the “Company”) is pleased to announce that the Company has closed its private placement offering (the “Offering”) with a syndicate of agents led by Primary Capital Inc. and M Partners Inc. and including Stonecap Securities Inc. (collectively the “Agents”) of flow-through units (the “Units”) of the Company. At the closing the Company issued 9,004,700 Units at a price of $0.35...