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.
The management of Vanstar Mining Resources Inc. is very pleased to announce that each of the 3 drill holes located on the new Liam gold showing, intersected the altered and mineralized structure on widths ranging from 30 to 40 metres. These 3 drill holes were done in order to verify the lateral and in-depth extensions of the new Liam gold showing discovered last November on the Nelligan property.
Animas Resources Ltd. has now signed the Definitive Agreement with GoGold Resources Inc. ("GoGold") to sell the Santa Gertrudis Gold project to GoGold.
San Marco Resources Inc. ("San Marco" or "the Company") and Exeter Resource Corp. continue to explore the Company's 8,500 hectare La Buena property, located 9 km north of Goldcorp's Penasquito mine in northern Zacatecas State, Mexico. Initial diamond drilling and a recently completed gravity survey builds on previous work that outline geological, geochemical and geophysical similarities to other mineral deposits in the area.
WestKam Gold Corp. ("WestKam" or the "Company") announced today that a 3D induced polarization (IP) survey on the company's Bonaparte Property near Kamloops, BC was successful in identifying a possible extension of the Discovery Gold Zone.
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