Nautilus Responds to Announcement of Unsolicited Take-Over Bid

Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) (the "Company" or "Nautilus") has become aware through a news release dated January 7, 2013 that Michael Bailey, an individual, and an entity controlled by him, intend to make an unsolicited offer to purchase all of the outstanding shares of Nautilus.

Nautilus has not had any contact with Mr. Bailey or any entity controlled by him with respect to this unsolicited offer and has no prior knowledge thereof. Nautilus is therefore unable to make any determinations regarding the offer or its validity.

Published: 08 January 2013
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Western Copper and Gold announces positive feasibility study on Casino

 

$1.8 billion After-Tax NPV (8%) at long term metal prices
After-Tax IRR 20.1% at long term metal prices
Long term metal prices:  Cu: US$3.00/lb, Au: US$1,400/oz, Ag: US$25/oz, Mo: US$14/lb
8.9 million ounce gold reserve - an increase of 0.5 million ounces
4.5 billion pound copper reserve

Western Copper and Gold Corporation ("Western" or the "Company") (TSX:WRN; NYSE MKT:WRN) is pleased to release the results of its definitive feasibility study (the "Feasibility Study", or "Study") on its wholly-owned Casino copper-gold-molybdenum deposit in the Yukon ("Casino" or the "project").  This Study recommends that the project be constructed as an open pit mine, with a concentrator processing nominally 120,000 tonnes per day and a gold heap leach facility processing nominally 25,000 tonnes per day. 

Published: 07 January 2013
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Afferro Mining Inc. - Response to Press Speculation

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION TO US NEWS WIRE SERVICES./

Further to the press speculation on 30 December 2012, the board of Afferro Mining Inc. ("Afferro", TSX-V & AIM: AFF) confirms that it has received an initial approach from International Mining and Infrastructure Corporation Plc ("IMIC"). IMIC would be prepared to make an offer, subject to completion of satisfactory due diligence and certain other conditions, for the entire issued and to be issued share capital of Afferro at between 115 and 140 pence per Afferro share. The consideration is to be satisfied by an undisclosed mix of cash, yet to be raised by IMIC, and new IMIC shares.

Published: 31 December 2012
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Silver Bull Intersects 13.93% Zinc Over 40.40 Meters Including 21.93% Zinc Over 11.5 Meters on the Sierra Mojada Project, Coahuila, Mexico

 Silver Bull Resources, Inc. (TSX:SVB)(NYSE MKT:SVBL) ("Silver Bull") is pleased to announce the drill results for the first batch of drill holes from the underground drill program twinning a series of "long holes" in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

High grade zinc highlights from the first batch of 15 drill holes include:

Atico Drills 88.7 Meters of 5.4% Cu and 2.5 g/t Au at El Roble Mine, Colombia

Atico Mining Corporation (TSX VENTURE:ATY) is pleased to announce additional results from its ongoing underground drilling program at the El Roble mine.

The company reports results of 10 new diamond drill core holes, including 4 production holes drilled by Minera El Roble, current operator of the El Roble mine, and independently sampled and assayed by Atico. Reported drill holes extend the limits of massive sulfide bodies previously intercepted below the 2000 meter level.

Published: 10 December 2012
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