Brazil Minerals, Inc. (the "Company" or "BMIX") reported today that its subsidiary RST Recursos Minerais Ltda. ("RST") has obtained from the local environmental regulatory agency a permit to initiate mining for diamonds and gold in one of its mineral rights areas.
Typhoon Exploration Inc. (the «society») is pleased to announce that the publication of the NI 43-101 Technical Report on the Fayolle Property is now available on Sedar at www.sedar.com and on our website at www.typhoonexploration.com.
Borneo Resource Investments Ltd., announced today that it has commenced discussions on the possible acquisition of a sizeable existing gold mining operation in the Philippine Province of Viscayas. The property, comprising 52 mining claim blocks, is characterized by quartz vein and pyrite type gold deposits mineable down to a depth of over 500 metres. A geological report on the property, completed in 2012, has estimated remaining proven au (gold) reserves of 87,000oz and inferred reserves of 1.7 million oz.
Midlands Minerals Corporation ("Midlands") and Alder Resources Ltd. ("Alder") issued a press release on May 28, 2015 announcing that Midlands proposes to acquire all of the outstanding shares of Alder pursuant to a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement").
Imperial Metals Corporation ("Imperial") reports the British Columbia Ministry of Energy and Mines and the Ministry of Environment have issued permit amendments that allow recommencement of operations at the Mount Polley mine. The permits allow a modified operation plan to process a maximum of 4 million tonnes of ore over one year (approximately 50% of capacity of the processing plant at Mount Polley).
Eastmain Resources Inc. is pleased to announce that it has awarded the contract to complete an independent Preliminary Economic Assessment ("PEA") of its wholly-owned, high-grade Eau Claire gold deposit (Clearwater Project), located in the James Bay Mining District of Quebec, to G Mining Services Inc. ("GMS"). Work on the PEA is scheduled to begin immediately, with completion targeted for the second quarter of 2016.
Skeena Resources Limited ("Skeena" or the "Company"), is pleased to report that drilling is underway with two drills on location at the Company's high-grade Spectrum gold project in northwest British Columbia. The core is being logged and sampled and assays will be released in batches throughout the field season.
Millrock Resources Inc. ("Millrock") announces that it has entered into an Option to Joint Venture Agreement ("Option Agreement") on the Alaska Peninsula copper-gold project with First Quantum Minerals Ltd. ("FQM"). The Option Agreement follows on from a Binding Letter Agreement in which Millrock granted the exclusive right to enter this new agreement. By virtue of the new Option Agreement, FQM may earn up to an 80% interest in the project.
Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") announces the following project update for the Cascabel copper-gold porphyry joint venture exploration project in northern Ecuador, in which the Company has a 15% interest financed through to completion of a feasibility study.
Batero Gold Corp. ("Batero", or the "Company") is pleased to announce results from the oxide sampling program at its 100% owned Batero-Quinchia Project in the Department of Risaralda, Colombia. The latest auger sampling results show values up to 2.64 grams per tonne gold from the La Cumbre area, with 27 of the 67 samples (40%) having values greater than 0.75 grams per tonne gold and 14 samples (21%) having values greater than 1 gram per tonne gold. Batero has also begun work on a Work and Investment Plan (PTO) for the La Cumbre oxide deposit.
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