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.
ATAC Resources Ltd. ("ATAC" or the "Company") announces plans for its fully-funded Phase I exploration and drilling program at its 100% owned Rackla Gold Project in east-central Yukon. ATAC is well-funded with approximately $16 million in its treasury.
Balmoral Resources Ltd. ("Balmoral" or the "Company") reports that drilling has resumed on the Company's Detour Trend Project in Quebec. The initial focus of drilling will be on testing a number of recent gold/base metal discoveries and targets on the Company's wholly owned Grasset and Fenelon properties. A second drill will begin turning on the Company's Martiniere Property, home to the Martiniere West and Bug Lake Gold Trends, as soon as weather conditions and staffing permit.
Management of SIRIOS announces a new geological gold unit has been intersected in the Cheechoo property, Eeyoun Istchee James Bay. This unit was intersected in hole #40 at a depth of 296 m. It is an altered and mineralized biotite schist with 1 to 3% of pyrrhotite and arsenopyrite disseminated on total thickness of the 36 metres unit. (True thickness unknown).
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