Abitibi Royalties Inc. ("Abitibi Royalties" or the "Company") is pleased to provide an update on the Company's net smelter royalties ("NSR") at the Canadian Malartic Mine near Val-d'Or, Québec. The information contained in this news release is based, without any independent verification, on disclosure made by Agnico Eagle Mines Limited ("Agnico Eagle") in its fourth quarter news release (February 10, 2016) and Q4-2015 Results Conference Call (February 11, 2016).
Red Pine Exploration Inc. (the "Company" or "Red Pine") will mobilize this week to begin the process of logging/sampling over 42,000 metres (m) of historic core. The historic core library available on-site will be a key element to define additional gold resources in the Wawa Gold Corridor and will save the Company an estimated 4.2 million dollars of drilling costs.
Alianza Minerals Ltd. ("Alianza" or the "Company") is pleased to provide an update on its exploration and prospect generation activities planned for 2016. Alianza was re-organized in mid-2015 to create a new company well positioned to take advantage of an improving resources market with only 13.8 million common shares outstanding.
Metanor Resources Inc. ("Metanor", or "the Company") is pleased to announce that it is studying the possibility of restarting gold mining operations at the Company's open pit on its 100% owned Barry Property.
NV5 Global, Inc. (the "Company" or "NV5"), a provider of professional and technical engineering and consulting solutions, announced today that it was selected by Resource Improvement and Manufacturing Company Limited (RIMCO), a major subsidiary of the Chicason Group, to provide technical services for gold, diamond and iron ore exploration over several concessions held by RIMCO in West Africa.
Columbus Gold Corporation is pleased to announce drill results from its 100% owned Rattler Prospect, Red Hills Project located in eastern Nevada USA, and within the prolific Carlin Trend. Carnavale Resources Limited("Carnavale") has joint venture rights to earn up to 51% of the Red Hills Project from Columbus Gold by incurring $2 million in expenditures by August 2016. Carnavale can earn an additional 24% (totaling 75%) by incurring an additional $7 million over four further years.
True Gold Mining Inc. ("True Gold" or the "Company") (all dollar figures in US dollars) is pleased to provide an update for the Karma Gold Mine, including the stacking of ore on the leach pad.
Metals Creek Resources Corp. (the "Company") is pleased to report assay results for the remaining two holes from the three diamond drill holes that were completed before the Christmas break (see news release by the Company, December 8, 2015) on the Thomas Ogden Zone located on the Ogden Property in the Timmins Gold Camp, Ontario.
Melkior Resources Inc. ("Melkior") is pleased to announce that it has signed a Memorandum of Agreement to drill a minimum of 600 metres on its 100% owned Carscallen Township properties. Depending on availability of financing the program may be expanded. The initial program will be on the Big Marsh property.
Columbus Gold Corporation is pleased to report that it plans to commence a follow-up drilling program at its Eastside gold project in Nevada on February 25th, 2016. Two drill rigs, a rotary rig and a core rig will be used and the preparation of access roads and drill sites is underway.
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