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.
Allied Nevada Gold Corp. ("Allied Nevada", "us" or the "Company") announces that it has suspended mining operations, effective immediately, to maximize cash flow and minimize spending through the remainder of its chapter 11 process. The Company will continue to process and produce gold and silver through the operation of the heap leach pads and Merrill-Crowe processing plants. Inventory on the heap leach pads at June 30, 2015 was approximately 260,000 recoverable ounces of gold, sufficient to maintain metal production for the next 12-18 months.
Timmins Gold Corp. is pleased to announce that the Company has commenced drifting into the underground veins parallel to the south wall of the San Francisco pit.
Condor Resources Inc. is pleased to provide an update on exploration activity on its 85% owned Ocros copper project, Ancash Department, Peru.
IDM Mining Ltd. is pleased to announce that the Company continues to advance permitting of a proposed 1,000 tonne per day underground gold mine at the Red Mountain Underground Gold Project, located 15 km northeast of Stewart BC and has commenced its 2015 Field Program.
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