Advanced Explorations Inc. Intersects 237 Metres of 33% Iron at Tuktu Project-Includes 6 Metres of 50% Iron

Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) is pleased to announce further drill results from its Tuktu Iron Ore Project located in Nunavut, Canada. Drill-hole 11TT010 intercepted 6 metres of high quality banded iron formation (BIF) grading 50.27% Fe within a broader 236.58 metre interval of BIF grading 32.69% Fe (see table below). This same broad interval also included 16 metres of 40.75% iron.

John Gingerich, President and CEO, commented:

Read more: Advanced Explorations Inc ( AEI )

Tuesday’s Iron Ore Stocks Trading; TRKP, CCY, FEO, NAE

 

Iron Ore Mining Stocks Show Gains in Down Trading Session

 

Point Roberts WA- Aug 17, 2011 (Investorideas.com Mining Newswire) – www.Investorideas.com, a leader in sector research for investors including mining and resource stocks, issues a trading alert for iron ore stocks trading August 16th.  Overall markets were down in yesterday’s trading session but there were gains to be found in select stocks.

 

Several of the iron ore stocks realized gains in yesterday’s trading.  

Read more: Mining Stocks: Tuesday’s Iron Ore Stocks Trading; TRKP, CCY, FEO, NAE

Talon Metals' Inferred Mineral Resource Estimate Exceeds 1 Billion Tonnes at the Trairão Iron Project, Brazil

60% Increase in Inferred Mineral Resources at Trairão Project

Talon Metals Corp. ("Talon" or the "Company") (Toronto:TLO) is pleased to announce that the cumulative inferred mineral resource estimate now exceeds 1 billion tonnes, following the receipt of the initial mineral resource estimate for Target Area 3 at its 100% owned Trairão Iron Project ("Trairão Project"), located in Pará State, Brazil.

The National Instrument 43-101 ("NI 43-101") compliant inferred mineral resource estimate ("Resource") for Target Area 3 is estimated at approximately 414 million tonnes at an average grade of approximately 33% Fe (25% Fe cut-off).

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Nevada Copper Closes $65 Million Bought Deal Financing

Nevada Copper Corp. ("Nevada Copper" or the "Company") (TSX:NCU) is pleased to announce that it has closed its previously announced Cdn.$65 million bought deal equity financing (the "Financing"). A syndicate of underwriters, led by Canaccord Genuity Corp. and Scotia Capital Inc., and including GMP Securities L.P., Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., Paradigm Capital Inc., Desjardins Securities Inc. and M Partners Inc., (collectively, the "Underwriters"), purchased an aggregate of 12,050,000 common shares of the Company at a purchase price of Cdn.$5.40 per share.

The Underwriters were granted an over-allotment option, which is exercisable in whole or in part until 30 days after the closing of the Financing, to purchase up to an additional 1,807,500 common shares of the Company at a purchase price of Cdn.$5.40 per share.

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Tosca Reports 70 Feet (21.3 M) of 6.71% Cu Including 26 Feet (7.9 M) of 14.1% Cu at Red Hills High Grade Zone; Additional Drilling under Way

Tosca Mining Corporation, (TSQ.V; US:TSMNF; FSE:TQ4), announces that it has completed an initial diamond drill program of 2,865 meters ( 9,400 feet) in 17 holes on its Red Hills Copper Molybdenum project, located in Presidio, County. Texas. The location of the 17 drill holes is shown in the accompanying drill plan.

The preliminary results are sufficiently encouraging to warrant an immediate expansion of the drill program. A second phase, involving 1500 meters (approximately 5000 feet) of additional drilling is now underway.

Read more: Toscana Mining Corporation ( TSQ )