NGEx Resources Inc. ("NGEx" or the "Company") is pleased to announce that drilling is now underway at the Josemaria and Filo del Sol copper - gold - silver projects, located in San Juan province of Argentina. Two diamond drills are underway at Josemaria and two reverse circulation drills have begun work at Filo del Sol.
Midland Exploration Inc. ("Midland") is pleased to announce the execution of a new option agreement with Donner Metals Limited ("Donner") for its Valmond gold property, currently wholly owned by Midland. The Valmond property consists of 62 claims covering a surface area of about 35 square kilometres. This property is located about 50 kilometres west of the town of Matagami, in Abitibi, Quebec.
Lara Exploration Ltd., ("Lara" or the "Company") and a wholly owned subsidiary of Antofagasta plc ("Antofagasta"), are pleased to report that permitting has been completed for the first round drill program at the Sami Gold-Copper Project in southern Peru, with an initial 1,000 metre program now scheduled to commence shortly.
Pistol Bay Mining Inc. reports that Revolver Resources Inc. ("Revolver") has mobilized a drill rig onto the Summit B property (located in the Iskut area of northwestern British Columbia ) for an immediate 1000 metre drill program to test the 2km long and 500 metre wide anomaly previously identified through a 3D IP survey.
Ryan Gold Corp. ("Ryan Gold" or the "Company") announces that it has amended the option agreement (the "Agreement") with respect to the sale of the Company's Los Jarros and Jarros Norte Properties (the "Properties") in Mexico. Under the current closing terms Minera Frisco SAB de CV ("Minera Frisco") has purchased the Properties by making a final US$1.35 million payment to Minera Valdez SA de CV ("Minera Valdez"), the Company's 100% owned subsidiary.
Colossus Minerals Inc. (the "Company" or "Colossus") provides an update on the status of the Company's efforts to identify and secure funding for the balance of the expenses identified to commence production at its 75% owned Serra Pelada gold-platinum-palladium Mine. The Serra Pelada Mine is a joint venture between Colossus and Cooperativa de Mineração dos Garimpeiros de Serra Pelada ("COOMIGASP") located in the State of Pará, Brazil.
Revolver Resources Inc. ("Revolver") is pleased to announce that it has received the drilling permits from the BC Ministry of Energy and Mines. The permits will allow Revolver to initiate the proposed 1,000 to 1,200 m drill program on its Summit B property. Revolver has commissioned Black Hawk Diamond Drilling Ltd. and UTM Exploration Services from Smithers, BC to conduct the drilling program.
True Gold Mining Inc. ("True Gold" or the "Company") is pleased to announce that the Company has exercised its option to acquire the remaining 10% interest (the "Interest") in the Goulagou and Rounga permits (the "Permits"), two of the six permits comprising the Karma Gold Project ("Karma Project") in Burkina Faso, West Africa.
Tigray Resources Inc. is pleased to provide an update on its exploration activities and planned drilling on the Adyabo project and the Harvest project in Ethiopia, and announces a loan in the amount of $2.0 million.
Rambler Metals and Mining plc ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today announces that it has entered into a subscription agreement (the "Subscription Agreement") with Marathon Gold Corporation ('Marathon') for common shares of Marathon by way of a non-brokered private placement of a guaranteed subscription of $500,000 with an option to invest an additional $1.5 million going forward.
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