F.D.G. Mining Inc., announces that the Company has received assay results from a further 776 surface and underground chip samples from the Topacio property, located in eastern Nicaragua. The samples were mainly 0.5m to 1.0m in length, taken across the exposed parts of the veins at 20m to 25m intervals along the strike of the veins.
COLORADO RESOURCES LTD. is pleased to announce the results of its 2012 exploration program on its 100% owned 14,396 hectare Heart Peaks Property located in northern British Columbia 45 kilometres northeast of the past producing Golden Bear Mine.
AngloGold Ashanti is pleased to report that the unprotected strike across the three mines at its Vaal River region has come to an end. Workers at the Kopanang, Great Noligwa and surface operations returned to work on Monday, 22 October 2012 and those at Moab Khotsong ended their unprotected work stoppage on Tuesday, 23 October 2012. All of these operations have begun the process of ramping up production levels and all returning workers will receive the recently improved wage offer made through the industry's Collective Bargaining framework.
CADAN RESOURCES CORPORATION ("Cadan") advises that Mining Group Limited (ASX:MNE) ("Mining Group") announced it has discovered a new, high potential mineralised zone at Tagpura North, at the Comval Copper and Gold Project (Comval Project), located 90km north of Davao City, Mindanao, in the Philippines. Mining Group's news release is reproduced below.
Banks Island Gold Ltd. (the "Company") announces the discovery of extensive gold, silver, molybdenum, and copper mineralization located approximately 3km south of the Red Mountain mineralized zones. Company geologists discovered this new mineralization in a recently uncovered glacial valley located between MacAdam Point and Lost Mountain. The Red Mountain Gold Property is located 15km east of Stewart, British Columbia.
Fairmont Resources ("Fairmont" or the "Company") is pleased to announce that the Company has conducted a follow up prospecting program based on the results of summer field program on its Marmion South Property (the "Property"), located near Atikokan, Ontario, and contiguous with Osisko Mining Corporation's ("Osisko") Hammond Reef Property (see Press Release September 26th, 2012). Results of the follow up program are pending.
North Bay Resources ("North Bay" or the "Company") is pleased to announce that mining operations are now commencing at our Fraser River Project in British Columbia.
Portage Minerals Inc. ("Portage") today announced that it will be embarking on a 2,000 to 2,500 metre fall diamond drilling program at its wholly-owned Golden Pike Gold Property in addition to other exploration work on the Annidale Gold Belt as part of its Fall 2012 Exploration Program. The programs are expected to be completed by December 20th, 2012.
Barkerville Gold Mines ("Barkerville" or the "Company") wishes to update its shareholders on the status of its response to the cease trade order (the "CTO") issued by the British Columbia Securities Commission (the "BCSC") as disclosed in the Company's press release dated August 15, 2012.
Sundance Minerals Ltd. announced today the initiation of Phase 1 drilling at the San Ricardo Gold Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico.
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