Comstock Mining Inc. (the "Company") announced today that it has launched its 2014-2015 exploration and development drilling program (the "Program"). Drilling on the East-side of Lucerne commenced this week.
Chesapeake Gold Corp. ("Chesapeake" or "Company") wishes to announce that the Company and M3 Engineering &Technology together with several industry leading international consultants are currently working towards the completion of an updated pre-feasibility study ("updated PFS") on the Metates Gold-Silver-Zinc Project located in Durango State, Mexico.
Rubicon Minerals Corporation is pleased to announce that the construction of the Phoenix Gold Project in Red Lake, Ontario, Canada continues on schedule for projected initial production in mid-2015 and remains well-funded to completion. Underground development rates have improved significantly in October and November, to the point where the stockpiling of mineralized development material from the first planned stopes has begun.
Timmins Gold Corp. is pleased to announce that it has entered into an Asset Purchase Agreement with Goldgroup Mining Inc. to purchase 100% of the Caballo Blanco Gold Project, a gold development project in Veracruz State, Mexico for total consideration of US$10 million in cash and 16,065,000 Timmins Gold shares.
Lupaka Gold Corp. has been granted the permits and licenses necessary to commence mine preparation and development work at the Invicta Gold Project. These licenses and permits were granted as a result of the regulatory acceptance of the Company's Mining Plan for Invicta.
Avrupa Minerals Ltd. is pleased to report on drilling progress at the Slivovo project in Kosovo. The project is operated by Avrupa, and funded by partner, Byrnecut International Ltd. (BIL).
Eastmain Resources Inc. announces an update on the drill program underway at its wholly-owned Clearwater Project, located in James Bay, Quebec. 17 drill holes have been completed totaling 4,690 metres, in the Clovis Lake area, located three kilometres east of the Eau Claire gold deposit. The objectives of the program are to search for a second gold deposit in close proximity to Eau Claire.
GLOBEX MINING ENTERPRISES INC. is pleased to inform shareholders that it has acquired 100% interest in over 22.6km of the gold localizing Casa Berardi Break. The property is located in Orvilliers and Montgolfier Townships Quebec, east and on strike of the Casa Berardi Gold Mine currently being mined by Hecla Mining Company.
San Marco Resources Inc. ("San Marco" or "the Company") has signed a two year option agreement with Argonaut Gold Inc. ("Argonaut") of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico.
Sphinx Resources Ltd. ("Sphinx" or the "Corporation") announces the execution of a new option agreement with Midland Exploration Inc. ("Midland") for its Adam project, currently wholly owned by Midland and consisting of 182 cells covering a surface area of about 100 km2 located approximately 50 km west of the town of Matagami in the Abitibi region of Quebec.
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