Euromax Resources Ltd. ("Euromax" or the "Company") is pleased to announce the results of the Pre-Feasibility Study ("PFS"), including a maiden Mineral Reserve, for its 100% owned Ilovitza gold-copper porphyry project in Macedonia. With an NPV of US$675 million the PFS demonstrates the economic robustness of the Ilovitza Project (the "Project"), building upon the significantly increased Mineral Resource announced 3 December 2013, as well as incorporating costs based on supplier quotes and engineering studies carried out to at least pre-feasibility industry standards.
Scorpio Mining Corporation (the "Company") today provided information concerning its ongoing review of certain previously disclosed discrepancies concerning the concession boundaries of the Company's El Cajón mineral deposit, located in the Cosalá Norte District near Cosalá, Sinaloa in Mexico, and efforts by Tocqueville Asset Management, L.P. and The Tocqueville Trust on behalf of The Tocqueville Gold Fund to take control of the Company's board of directors.
Vanguard Mining Corporation, today announced that the Company signed a business cooperation agreement with PT Raksasa Metal Agung, an Indonesian company, to start a joint operation of placer gold mining in sub-district Karang Tengah, Wonogiri, Central Java, Indonesia.
PC Gold Inc. ("PC Gold" or the "Company") wishes to announce that it has entered into a mineral claim and option purchase agreement with GoldON Resources Ltd. (the "Vendor") to purchase 38 mining claims from the Vendor (the "Owned Claims") and to assume all of the Vendor's rights, interest and obligations under an option agreement between the Vendor and an arm's length third party (the "Option Agreement") in respect of an additional 5 mining claims (the "Optioned Claims").
New World Gold Corporation, a gold mining company with existing mining and milling operations in Ecuador and Peru, wishes to announce it has begun construction on a new 60 ton per day mill in Ecuador. It is projected that this mill will be fully operational August 15, 2014.
Ruby Gold, Inc. ("RGI", or the "Company"), a wholly-owned subsidiary of North Bay Resources Inc. ("North Bay"), is pleased to announce that it has engaged Taurus Drilling LLC ("Taurus") of Lake Havasu City, Arizona, to complete the drilling of nearby mining targets at the Ruby Mine in Sierra County, California. Taurus is scheduled to commence drilling on June 9, 2014.
Gold Standard Ventures Corp. ("Gold Standard" or the "Company") announces that one core and four reverse circulation holes have been completed in the Phase I drilling program at the Pinion Project. Drilling at sites Core D, RC-1, RC-7, RC-8 and RC-9 is complete and represents approximately 35% of the Phase 1 Pinion drilling (click the following for Pinion drill hole map: http://goldstandardv.com/proposed-pinion-holes/).
Pilot Gold Inc. ("Pilot Gold" or the "Company") is pleased to announce that step-out drilling at Kinsley Mountain's Right Spot target has returned long runs of predominantly oxide gold mineralization. The Right Spot target is located along the 2 kilometre-long NNE Western Flank trend, 1 kilometre south of the recently discovered high-grade zone.
SIRIOS RESOURCES INC. announces the restart, in the forthcoming days, of the diamond drilling campaign on the Cheechoo gold property adjacent to the Éléonore gold mine property of Goldcorp in James Bay, Quebec. In addition, detailed prospecting and systematic rock sampling had begun this week.
Orezone Gold Corporation is pleased to announce positive metallurgical test results from its ongoing feasibility work at its 100%-owned Bomboré Gold Project in Burkina Faso.
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