Cordoba Minerals Corp. ("Cordoba" or the "Company") is pleased to announce that it has entered into an option agreement with Sociedad Ordinaria de Minas Omni ("OMNI") to purchase the Alacran Copper-Gold Project ("Alacran" or the "Alacran Project") which is located within Cordoba's San Matias Project.
Integra Gold Corp. ("Integra" or the "Company") is pleased to provide an update on the progress it has made in preparing the Triangle Zone ("Triangle") for an underground exploration program. All preparatory surface work at the Triangle site will be completed in Q4 2015. Prior to commencing underground exploration work beyond the portal, the Company will be updating its resource estimate in Q4 2015. This resource update will include the geological model required to finalize its plan for the underground exploration program at Triangle.
True Gold Mining Inc. ("True Gold" or the "Company") is pleased to report that mining has commenced at the Goulagou II (GGII) deposit at the Karma Gold Mine ("Karma" or the "Project") in Burkina Faso. The GGII deposit is the first of six deposits that will be mined over an 11.5 year period. The Company remains on track for gold production at the end of Q1, 2016.
Abacus Mining & Exploration Corporation ("Abacus" or the "Company") announces that following the recent submission of the Environmental Assessment Application/Environmental Impact Statement (EA Application/EIS) for the Ajax Copper-Gold Project in September 2015, KGHM Ajax Mining Inc. (KGHM Ajax) will focus the majority of work in 2016 on obtaining the Environmental Assessment Certificate and permits required for construction start-up of the Ajax mine. The Ajax Project located near Kamloops, B.C. is 100% owned by KGHM-Ajax, a joint venture between Abacus (20%), and KGHM Polska Miedz SA (KGHM) (80%).
StrikePoint Gold Inc. (the "Company" or "StrikePoint") previously announced that a new drilling program had begun on their Lobstick Gold Property near Sioux Narrows, Ontario. The property is located in the developing Wabigoon Subprovince of the Superior Province.
Explor Resources Inc. ("Explor or the "Corporation") is pleased to announce the beginning of a diamond drilling program on the Timmins Porcupine West Property ("the Property"). The recently completed review of the technical data by Teck Resources Limited ("Teck") has prompted a diamond drilling program. Teck has the option to earn up to a 70% interest on the Property from Explor (press release dated December 29, 2014). The proposed 2015 drill program will be conducted under the supervision of Teck.
Arrowhead Gold Corp. is pleased to announce that it has signed a Letter of Intent (LOI) to acquire 100% of the outstanding shares of Nuvo Energy Grid Inc., a private company, with its headquarters in Toronto, Ontario.
Columbus Gold Corporation is pleased to announce that Lycopodium Minerals Pty Ltd. (Lycopodium) has won the tender to complete a Feasibility Study on the Montagne d'Or Gold Deposit, located within Columbus Gold's 100% owned Paul Isnard gold project in French Guiana. Under the terms of the contract, Lycopodium will begin immediately and is expected to deliver a final Feasibility Study by Q4 2016.
The Kibali gold mine in the north-east of the Democratic Republic of Congo is sustaining its operating momentum, and at this point looks set to exceed its 2015 production target of 600 000 ounces of gold, Randgold Resources (LSE: RRS) (NASDAQ: GOLD) chief executive Mark Bristow said here today. Randgold is the operator, developer and part-owner of the mine.
Alamos Gold Inc. and Carlisle Goldfields Limited are pleased to announce that they have entered into a definitive agreement pursuant to an offer made by Alamos to acquire all issued and outstanding shares of Carlisle by way of a court-approved plan of arrangement.
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