Pilot Gold Inc. ("Pilot Gold" or the "Company") is pleased to announce that the 2013 program returned the highest-grade intercept in more than 1,300 holes drilled to date at the Kinsley Mountain project - 8.53 g/t gold (Au) over 36.6 metres, including 29.43 g/t gold over 7.6 metres in HQ core drill hole PK091CA.
Otis Gold Corp. ("Otis" or the "Company") is in the process of obtaining a permit from the United States Forest Service ("USFS") to build approximately 1,200 metres (m) of new roads at the Kilgore Gold Project, located in the Caribou Targhee National Forest, Clark County, Idaho. These roads will be used to perform additional drilling to extend beyond the northern limit of the established Kilgore Gold Deposit (or "Kilgore Deposit") where Otis has drilled open-ended +100 m-thick core and RC (reverse circulation) intercepts on the edge of the current drill pattern.
Portex Minerals Inc. ("Portex" or the "Company") is pleased to provide an update on the proposed concurrent acquisition and financing it announced on September 24, 2013.
Klondike Gold Corp. is pleased to report it has completed two exploration programs on its Hughes Range property and its Lewis-MacNeil property in SE British Columbia. The Hughes Range property is a sediment-hosted precious and base metal target located approximately 20 km northeast of the town of Cranbrook.
El Tigre Silver Corp. ("El Tigre" or the "Company") is pleased to announce it has elected to exercise its option pursuant to an option agreement (the "Option Agreement") with Martin Lopez Lauterio (the "Owner") to exploit the extensive surface tailings which resulted from the former Lucky Tiger Combination Gold Mining Company mine in the Sierra El Tigre.
Rupert Resources Ltd. ("Rupert" or "the Company") announces results of its summer 2013 exploration program consisting of geological and geophysical surveys on its Gold Centre Property (the "Property") in the prolific Red Lake gold camp. The property is located adjacent to the producing Red Lake Mine of Goldcorp. Please see www.rupertresources.com.
Melkior Resources Inc. ("Melkior") has completed drilling fifteen holes totalling 1535 metres on the gold-rich, mineralized ZamZam Zone at its wholly owned Carscallen Gold Project located 25 kilometres west of the City of Timmins, Ontario. The objective of the program was to accomplish infill drilling on the ZamZam Zone, which is hosted in structure that crosscuts granite and mafic volcanics.
Gold Bullion Development Corp. (the "Company" or "Gold Bullion") is providing an update on activities at the Granada Gold Property in Quebec with the Pre-Feasibility Study or ("PFS") anticipated in Q4 2013. Since delivery of a cash flow positive PEA last year (February 4, 2013 effective December 21, 2012), the Company has been working to further refine the overall economic strength of the various mining scenarios with the goal of improving margins given the volatility in the gold price during 2013.
Bowmore Explorations Ltd. (the "Company" or "Bowmore") is pleased to announce that it has signed a Letter Of Intent (the "LOI") to acquire an interest of up to 70% in the Beauce Gold Property (the "Property"), located in southern Quebec, Canada from Fancamp Exploration Ltd. ("Fancamp"). The LOI states that a formal Option Agreement (the "Agreement") is to be entered into on or before December 11, 2013.
Ely Gold & Minerals Inc. ("Ely Gold" or the "Company") is pleased to provide the following update on its 100% owned Green Springs property located in White Pine County, Nevada. An exploration Plan of Operations (POO) has been submitted to the U.S. Forest Service in October, 2013. An Environmental Assessment (EA) is also in progress for this POO.
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