Rainbow to Further Explore Jewel Ridge & Gold Viking Properties

Mar 26, 2013

Mr. David W. Johnston reports: TORONTO, ONTARIO, March 26, 2013: Rainbow Resources Inc. (TSX VENTURE: RBW) (OTCQX: RIINF) (“Rainbow” or the “Company”) announces that it will utilize proceeds from its current private placement financing to fund further exploration drilling at its Jewel Ridge Property in Nevada and Gold Viking Property in the West Kootenay district of southeast British Columbia. The Company achieved considerable success from modest drilling programs...

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ARMADILLO COMPLETES ACQUISITION OF FLAGSTAFF GOLD MINE

Mar 25, 2013

Armadillo Resources Ltd. has completed the acquisition of the Flagstaff gold mine near Baker City, Ore., which was announced on Nov. 30, 2012. The property is located one-half mile off a paved highway with ready access to rail and power. Management has just returned from a visit to the site with Dick Coughren, president of Dimari Enterprises LLC of Pasco, Wash. Together, they finalized the transfer of the mine from Dimari to Armadillo. Additionally, negotiations are under way regarding the...

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Non-Brokered Private Placement Financing

Mar 25, 2013

Vancouver, B.C.: Phoenix Copper Corporation (“Phoenix” or the “Company“) (TSX-V Symbol: PHC) announces a non-brokered private placement of up to 12.5 million units at a price of five cents per unit ($0.05) to raise proceeds of up to $625,000. Each unit will consist of one common share and one common share purchase warrant (the “Unit Warrants”) with each Unit Warrant entitling the holder to acquire one additional common share at a price of 10 cents ($0.10)...

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Going Green with Lomiko Metals, Featured on BTV-Business Television

Mar 21, 2013

Vancouver, British Columbia–(Newsfile Corp. – March 21, 2013) – Lomiko Metals Inc. (TSXV: LMR) CEO, A. Paul Gill, explains how this developer and explorer of minerals for the green economy looks for graphite, lithium and other rare earths. If you cannot view the video above, please...

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Contact Exploration Continues Success with Kakwa Liquids-Rich Montney Development

Mar 21, 2013

CALGARY, March 21, 2013 (GLOBE NEWSWIRE) — Contact Exploration Inc. (“Contact” or the “Company”) (TSX-V:CEX) is pleased to announce that the third Contact-operated horizontal Montney well (the “3-19 Well”) has been successfully completed and tested. The well was flow-tested for 161 hours. During the final 24 hours of flow-back the well averaged gross production rates of 1,798 boe/d consisting of 826 bbl/d condensate and 5,833 mscf/d gas (207 bbl/d and...

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