Independence Gold Corp. ("Independence Gold" or "the Company") is pleased to announce the discovery of 4.56 grams per tonne (g/t) gold across 10 metres (m) in the first trench at the Denali Zone, on the YCS Property, Yukon.
Colorado Goldfields Inc. announces that it has acquired the Silver Wing Mine, located within 6 miles of the Company's Pride of the Mill.
Kiska Metals Corporation ("Kiska" or "the Company") reports metallurgical results from studies carried out on composite samples from the Whistler Deposit, Alaska. Locked cycle flotation tests on two composite samples returned average copper concentrates grading 25.4% copper with recoveries averaging 91.9% for copper and 70.4% for gold. These tests indicate that the Whistler deposit is very receptive to standard flotation techniques.
El Tigre Silver Corp. (the "Company" or "El Tigre") is pleased to report that it has signed a contract with MAJOR DRILLING DE MEXICO, S.A. DE C.V. ("Major Drilling") and has mobilized a core drilling machine and associated equipment to its 431 square kilometer El Tigre silver-gold property in northern Sonora, Mexico. Drilling will commence the first week of January 2013. The Company is fully funded to complete this next phase of drilling.
NGEx Resources Inc. ("NGEx" or the "Company") is pleased to announce that drilling has started at the Josemaria and Filo del Sol Projects located in San Juan Province, Argentina. Drilling has started with one diamond drill rig at each project with an additional rig scheduled to be added to each project in the next few weeks. Six drill rigs continue to work at the nearby Los Helados Project where drilling began in October.
Atico Mining Corporation is pleased to announce that it has exercised the right to extend the Option Agreement on El Roble property in Colombia until January of 2014. The extension allows the company to complete the initial exploration program, which has yielded successful results to date, and to evaluate the El Roble mine operation in anticipation of the decision to exercise the Option Agreement.
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.
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