First Mining Finance Corp. announces that it has entered into a definitive arrangement agreement with Coastal Gold Corp. under which First Mining will acquire all of the outstanding common shares of COD on the basis of 0.1625 common shares in the capital of First Mining for each COD common share by way of a plan of arrangement under the Business Corporations Act (Ontario).
Xmet Inc. ("Xmet" or the "Company") is pleased to announce that it has acquired a 100% option on the Win-Win Project located 35 kms southwest of the town of Chibougamau, Quebec. The Win-Win Project is adjacent to and immediately north of the IAMGold and TomaGold project called Monster Lake. In November 2013 IAMGold optioned a 50% interest in the Monster Lake Project in return for an investment of $17.575 million over a five year period. The agreement is subject to approval of the TSX Venture Exchange (the "Exchange"). See Figure 1 below for Map of Xmet's Win-Win claims.
Cypress Development Corp. ("Cypress" or the "Company") is pleased to announce it has entered into an Option Agreement with Robert D. Marvin (the "Optionor") of Reno, Nevada to earn a 100% interest in the 1056 acre (48 claims) Frost gold property (the "Property") located in Malheur County, south eastern Oregon, approximately eight miles west from Calico Resources Grassy Mountain gold project. The Calico Resources Grassy Mountain gold project is currently tracking to a production scenario based on major exploration programs completed by Newmont and Seabridge Gold.
Cordoba Minerals Corp., is pleased to announce that High Power Exploration Inc., a private mineral exploration company indirectly controlled by mining entrepreneur Robert Friedland, has agreed to form a partnership with Cordoba.
West Kirkland Mining Inc. is pleased to announce that the US Bureau of Land Management (BLM) has decided to review the company's Three Hills Mine Plan of Operations under an Environmental Assessment (EA). Achieving a permit to construct a mine under an EA typically takes less than a year.
Red Pine Exploration Inc. (the "Company" or "Red Pine") would like to update shareholders on its plans for the continued development of the Wawa Gold Project located near Wawa, Ontario.
Yorbeau Resources Inc. (the "Company" or "Yorbeau") is pleased to announce that drilling at the Scott Lake Project in the Chibougamau mining camp of Quebec started today with one drill rig.
San Marco Resources Inc. ("San Marco" or "the Company") announces its recent field exploration program at the 100% owned Cuatro de Mayo Project in Sonora, Mexico resulted in the expansion of three previously-identified targets (Chunibas, Valle and Oregano) and the identification of two new targets (Tabacote and Chinos).
Canstar Resources Inc. (the "Company") is pleased to announce the commencement of the 2015 exploration program on its Kenora Gold Project in northwestern Ontario. Exploration programs will follow-up on key results from work completed in 2014. In addition, the 2015 season will be used to evaluate a number of historic gold showings that have yet to be investigated.
Candente Gold Corp. ("Candente Gold" or the "Company") advises that the Company has commenced leach extraction testwork at McClelland Laboratories, Inc. in Sparks, Nevada for Candente Gold's Mexico Mine Tailings Recovery Operation ("MMTRO") located in El Oro, Mexico.
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