Gold Standard Ventures Corp. ("Gold Standard") and Battle Mountain Gold Inc. ("Battle Mountain") are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which Gold Standard has agreed to acquire all of the issued and outstanding common shares of Battle Mountain (other than those already owned by Gold Standard) for consideration of 0.1891 of a common share of Gold Standard plus $0.08 in cash for each Battle Mountain common share held, by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement").
Banro Corporation ("Banro" or the "Company") is pleased to provide an update on its exploration activities at its wholly-owned Twangiza project on the Twangiza-Namoya gold belt in the Democratic Republic of the Congo.
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, announced today that the company has approved the start of early-works construction for Shaft 2, which will be the main production shaft at the Platreef platinum-group metals, nickel, copper and gold mine now being developed in South Africa.
Otis Gold Corp. ("Otis" or "the Company") is pleased to present an update and interpretation of extensive exploration activities conducted on the Kilgore Deposit and the emerging "Gold Ridge" exploration target at the Kilgore Gold Project, Clark County, Idaho.
Constantine Metal Resources Ltd. ("Constantine" or the "Company") is pleased to announce 2017 plans for the Palmer VMS Project, Alaska ("Palmer" or "Project"). A budget of US$7.0 million has been approved that includes plans for 7000 meters of drilling.
Benton Resources Inc. ("Benton") and Metals Creek Resources Corp. ("Metals Creek") are pleased to announce that they have jointly executed a letter of intent (the "Agreement") with a Newfoundland prospector (the "Vendor") pursuant to which Metals Creek and Benton have been granted the option to acquire a 100% interest (50% each) in 22 claim units (the "Property") located in the Victoria Lake area, Central Newfoundland.
Osisko Mining Inc.is pleased to announce that it has identified a site (the "Site") covering approximately four square kilometres for the potential construction of a mill complex that would process mineralized material from the Windfall Lake deposit.
Inventus Mining Corp. today announces that it has received assay results for the next six consecutive holes of the winter drill program at the 100% owned Pardo Paleoplacer Gold Project near Sudbury, Ontario.
IDM Mining Ltd. is pleased to announce that key technical work related to its Feasibility Study is nearing completion for its Red Mountain Gold Project, located 15 km northeast of Stewart, BC. IDM anticipates releasing the Feasibility Study within two months.
Lexam VG Gold Inc. is pleased to announce that its Share Owners voted in favour of the Arrangement Agreement for the acquisition of Lexam VG by McEwen Mining Inc. at its Special Meeting of Shareholders today.
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