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.
Midland Exploration Inc. ("Midland") is pleased to provide an update on its various ongoing exploration activities across Quebec, including projects in partnership with Agnico Eagle Mines Limited ("Agnico Eagle"), Teck Resources Limited ("Teck"), Osisko Mining Corporation ("Osisko"), Maudore Minerals Ltd ("Maudore") and Japan Oil, Gas and Metals National Corporation ("JOGMEC").
ATAC Resources Ltd. is pleased to report a new 12 sq/km area of gold and silver mineralization surrounding the Anubis discovery was identified through the compilation of results from its 2013 regional exploration program. This prospective new area is located approximately 10 km west of the Osiris cluster of gold zones (Conrad, Osiris, Isis East and Sunrise) at the eastern end of the Company's Rackla Gold Project, Yukon - one of the world's safest and most mining friendly jurisdictions.
Sandspring Resources Ltd. ("Sandspring" or the "Company") is pleased to announce that it has entered into a precious metals purchase agreement with Silver Wheaton Corp. ("Silver Wheaton") under which Silver Wheaton, through its wholly owned subsidiary, Silver Wheaton (Caymans) Ltd., will pay Sandspring upfront cash payments totaling US$148.5 million for 10% of the payable gold production from the Company's Toroparu Mine in Guyana S.A. (the "Toroparu Project").
Canstar Resources is pleased to announce the commencement of its Fall 2013 drilling program on its 50/50 Joint Ventured Mary March Property near Buchans Junction, Newfoundland. This program will follow up on previous drilling results on the property and will focus on the historic Mary March and the Nancy April zones. A total of 1,200 meters is planned.
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