Savary Gold Corp. ("Savary" or the "Company") has commenced a 15,000 metre drill program at its Karankasso JV project ("JV Project") in Burkina Faso, owned 65% by Savary and 35% by Sarama Resources Ltd. ("Sarama"). Following approval of the program, Savary mobilized a drill contractor and geological and service personnel and commenced drilling on April 21, 2015.
Melkior Resources Inc. ("Melkior") is pleased to provide progress on its wholly owned Carscallen gold project which is located approximately 25 kilometres west of the centre of Timmins Ontario and 5.5 kilometres west of Lake Shore Gold Corp.'s West Timmins Mine.
BacTech Environmental Corporation today announced that in addition to its tailings activity in Bolivia, the Company has launched a new initiative to reduce the amount of mercury used in artisanal/small mining operations.
Sage Gold Inc. is pleased to announce that plans for a comprehensive exploration and development program at the company's 100 percent-owned ONAMAN polymetallic property are underway.
Kerr Mines Inc. is pleased to report that drilling in and around the Copperstone gold deposit located in Western Arizona is set to commence. Initial drilling will primarily target the Lower Plate Zone located parallel to the main Copperstone zones that were previously mined by open pit and underground methods.
Maya Gold & Silver Inc. ("Maya" or the "Corporation") is pleased to announce the commencement of the 2015 spring drilling program at its Zgounder Silver Mine in Morocco.
Ascot is pleased to announce that it has commenced its 2015 drill program at Premier. The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag.
Calibre Mining Corp. (the "Company" or "Calibre") is pleased to announce the start of the Diamond Drilling Program on the Company's 100% owned Montes de Oro Gold Project, Siuna District, Nicaragua.
Paramount Gold and Silver Corp. ("Paramount" or the "Company") announced today that the proposals related to the merger agreement with Coeur Mining, Inc. ("Coeur") were approved by both Paramount and Coeur stockholders and that the transaction has closed. Immediately prior to the consummation of the merger, Paramount distributed pro rata to its stockholders 8,101,371 shares of Paramount's wholly-owned subsidiary, Paramount Gold Nevada Corp. ("SpinCo"). SpinCo is expected to begin "regular way" trading on the NYSE MKT on April 20, 2015 under the symbol "PZG", CUSIP number 69924M109.
Preston Corporation announces the company has acquired an option on the Kwamagome Gold Project located south of Handeni, Tanzania, which is immediately north of the one million ounce East Africa Metals (formerly Canaco Resources) Magambazi Deposit (43-101 Qualified Proven, Probable and Inferred Resource). The Company will pay $1,000,000 to acquire an 80% interest over the next 5 years.
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