Sandspring Resources Ltd. ("Sandspring" or the "Company") is pleased to announce that it has entered into a precious metals purchase agreement with Silver Wheaton Corp. ("Silver Wheaton") under which Silver Wheaton, through its wholly owned subsidiary, Silver Wheaton (Caymans) Ltd., will pay Sandspring upfront cash payments totaling US$148.5 million for 10% of the payable gold production from the Company's Toroparu Mine in Guyana S.A. (the "Toroparu Project").
Canstar Resources is pleased to announce the commencement of its Fall 2013 drilling program on its 50/50 Joint Ventured Mary March Property near Buchans Junction, Newfoundland. This program will follow up on previous drilling results on the property and will focus on the historic Mary March and the Nancy April zones. A total of 1,200 meters is planned.
Zenyatta Ventures Ltd. (“Zenyatta” or “Company”) is pleased to announce the signing of a contribution agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP).
Management of DIOS EXPLORATION is pleased to report completion of the first nine holes drilled for gold totalling 1 332 meters on wholly-owned road-acessible 33 CARATS gold porphyry project, north of the town of Chibougamau, James Bay, QC. This fall prospecting program also uncovered new mineralized outcrops of tonalite with disseminated chalchopyrite and as in-fillings in association with hematization zones some 500 m farther away than the last known mineralized outcrops. Several mineralized boulders were also discovered down-ice.
MDN Inc. ("MDN") is pleased to announce that it is in a position to develop a new production scenario and enhance the economic feasibility of the Crevier project. Positive metallurgical results and the strengthening of niobium and tantalum markets since 2010 have allowed for a scenario where production is increased from 4,000 to 6,000 tonnes per day and diversified to include tantalum oxide, niobium oxide and a niobium hydroxide that can be sold on the ferro-niobium market.
Revolver Resources Inc. is pleased to present a new 3D IP model based upon the results of the IP (resistivity/chargeability) survey carried out on its Summit B property located in the Iskut area of northwestern British Columbia, Canada.
The Pennsylvania Coal Alliance today called for federal regulators to allow states some flexibility in developing emission standards in order to strike an appropriate balance between environmental improvements and economic concerns.
Xmet Inc. ("Xmet" or the "Company") reports that it has more than doubled its land position at the Blackflake project by staking a second large block of 111 claim units located 7 kilometers due east of the Zenyatta's Albany "hydrothermal" graphite diatremes.
On August 6, 2013 Millrock Resources Inc. reported that it had granted a Right of First Refusal (ROFR) to a major mining company ("the Miner"). In return for the ROFR the Miner agreed to fund a minimum of US$200,000 worth of exploration work.
Maritime Resources Corp. ('Maritime' or the 'Company') reports that it has received the results of testwork performed on samples of core from its Orion gold deposit located near Springdale, Newfoundland. A recovery of 96% of the contained gold was achieved using a coarse grind and conventional bulk sulphide flotation process.
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