Lydian International Ltd. ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that a crushing circuit trade off study has been completed to improve previous design studies carried out in the Feasibility Study (see press release September 7, 2012) and to look at alternative scenario's in which a larger and single crusher scenario may have advantages.
Edgewater Exploration Ltd. ("Edgewater" or the "Company") is pleased to announce the approval of the Environmental Impact Statement (EIS) by the Ministry of Environment, Territory and infrastructures of La Xunta de Galicia. The EIS represents the final step in the environmental permitting process to advance the Corcoesto Gold Project onto construction. This approval is a significant milestone for Edgewater and its shareholders, taking the Company one step closer to developing a new open pit gold mine in the Province of Galicia.
Riverside Resources Inc. ("Riverside" or the "Company") is pleased to announce that Riverside and its partner, Cliffs Natural Resources ("Cliffs"), have commenced drilling at the Naranjo project located in Jalisco, Mexico. The planned five-hole, 1,400 metre reverse-circulation drill program is now underway. The Naranjo project is the second project to be drilled under the Iron Oxide Copper Gold (IOCG) Strategic Alliance between Riverside and Cliffs.
Excalibur Resources Ltd. ("Excalibur" or the "Company") is pleased to provide an update on the sampling program at the Catanava property in Pinos, Zacatecas, Mexico. Pinos has been mined since 1546 and was one of only three bonanza gold districts discovered by the Spanish in Mexico. It is located in the historic Fresnillo - Guanajuato Trend of Mexico, characterized by world-class precious metals mines.
CADAN RESOURCES CORPORATION ("Cadan" or the "Company") is pleased to announce that the Company's Philippines affiliate, Tribal Mining Corporation (TMC), has poured its first gold since the approval to commence commercial production at the T'Boli gold-silver mine (Company News Release October 18, 2012).
Plato Gold Corp. ("Plato" or the "Company"), an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Québec, and Santa Cruz, Argentina is pleased to announce that the Company welcomes the amalgamation between Victory Gold Mines Inc. and Northern Gold Mining Inc., as announced by Northern Gold on December 12, 2012.
Cabia Goldhills Inc. ("Cabia") is pleased to announce that it has now received all necessary permits and authorizations to proceed with its drilling program on the Mejía Project in Colombia. Mobilization of the equipment is well underway and it is estimated that drilling of the first hole will be completed in early January.
Columbus Gold Corporation ("Columbus Gold") is pleased to announce results of the final drill hole MO 12-99 of its recently completed Phase I drilling program at the Montagne d'Or gold deposit on its 100% owned Paul Isnard Project in French Guiana.
Almaden Minerals Ltd. ("Almaden" or "the Company") is pleased to announce the discovery of a new area of mineralisation on Almaden's 100% owned Tuligtic property, Mexico called the Tano zone. Five holes were drilled to test an area of where anomalous gold was detected in soil samples taken previously by the Company. One of the holes intersected significant mineralisation including 2.00 meters of 1.76 g/t gold. The Tano zone is one of several gold in soil anomalies on the greater than 14,000 hectare Tuligtic project that are located outside of the Ixtaca Zone.
Entourage Metals Ltd. is pleased to report that encouraging soil sampling assays from the 100% owned Northern Arm Properties within the Hemlo Greenstone Belt have been received. These properties straddle a 40 km trend comprising a land package of 155 km2, which covers 90% of the trend. This area has received minimal exploration compared with the main mineralized trend that hosts Hemlo Mines; despite having very similar geology.
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