Goldsource Mines Inc. ("Goldsource" or the "Company") is pleased to announce that construction at its Eagle Mountain Gold Project ("Eagle Mountain") located in Guyana, South America continues to progress well. As planned, the Company anticipates commissioning for Phase I production to take place during Q4, 2015.
Abitibi Royalties Inc. ("Abitibi Royalties" or the "Company") is pleased to announce that it has entered into a binding Letter of Intent with Frontline Gold Corporation ("Frontline") to acquire a 2% net smelter royalty ("NSR") on its Whitehorse Island Property that is situated between the Goldcorp / Premier Gold Rahill-Bonanza Gold Property to the northeast and Premier Gold's Hasaga Gold Property to the southwest.
Argentex Mining Corporation ("Argentex" or the "Company") is pleased to announce that it has signed a binding offer letter from Austral Gold Limited ("Austral Gold") in connection with the acquisition of 100% of the issued and outstanding equity of Argentex in a share exchange transaction to be conducted by way of a plan of arrangement pursuant to the provisions of the Business Corporations Act (British Columbia) (the "Transaction").
Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") announces additional results from the exploration program on its Caña Brava gold-silver-copper property located in south-central Ecuador, and a drill proposal to test high quality targets. Cornerstone has an option to earn a 100% interest in Caña Brava.
Amex Exploration Inc. is pleased to announce that it has just started a new phase of drilling on its 100% owned Cameron gold property.
Solvista Gold Corporation ("Solvista") is pleased to report that a first phase drill program on the Talbot property has commenced. The fully permitted program is planned to include between 10-15 holes totalling approximately 5,000 meters and will focus on four (4) areas within and around the historic, high grade, copper-gold-zinc-silver (Volcanogenic Massive Sulphide or VMS) Talbot Deposit.
GOLDCORP INC. ("Goldcorp") and Teck Resources Limited ("Teck") today announced an agreement to combine their respective El Morro and Relincho projects, located approximately 40 kilometres apart in the Huasco Province in the Atacama region of Chile, into a single project.
Red Pine Exploration Inc. ("Red Pine" or the "Company") announces that pursuant to the Option Agreement and Assumption Agreement (collectively, the "Agreements") entered into with Citabar LLP ("Citabar") and Augustine Ventures Inc. ("Augustine") announced on December 11, 2014, it has earned a 30% interest in the Wawa Gold Project, located two kilometres southeast of Wawa, Ontario.
GPM Metals Inc. (the "Company" or "GPM") and Goldeye Explorations Limited (the "Company" or "GGY") wish to announce the commencement of an airborne high resolution VTEM survey with 200 meter line spacing over 1264 line kilometers at the Weebigee property and the adjoining recently staked ground consisting of approximately 6,500 hectares in total.
New Gold Inc. ("New Gold") today announces that the company has entered into an agreement with Goldcorp Inc. ("Goldcorp") to sell New Gold's 30% interest in the El Morro project to Goldcorp in exchange for $90 million in cash, a 4% stream on gold production from the El Morro property and the cancellation of New Gold's $93 million carried funding loan (the "Transaction").
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