Gold Bullion Development Corp.is pleased to announce additional drill results from several holes located throughout the mineralized area of the Granada Gold Property. The subject property is located along the prolific Cadillac trend in northwestern Quebec, 5 km south of the city of Rouyn-Noranda.
Cerro Grande Mining Corporation announced the completion of diamond drill hole CDM 003 at Santa Cecilia, located at UTM 1984 coordinates 6937542N 466750E. Azimuth 180 and inclination minus sixty was drilled to 1,597.7 me...
Kootenay Silver and Pinecrest Resources have announced results from the phase I drill program carried out at the Espiritu polymetallic vein/breccia project located in Mexico.
Santa Fe Gold Corporation is pleased to report that production levels have continued to increase at its Summit silver-gold mine in southwest New Mexico. The company anticipates the mine will reach its targeted monthly production rate of 10,000 tons beginning June 2012. Production for April and May averaged 8,262 tons per month, up 88% from the 4,400 tons mined in March. Delivery of new mining equipment including underground loaders, drills and trucks is expected to facilitate sustained mining rates. Revenues are expected to continue to increase during 2012 and 2013 as the mine reaches higher grade portions of the ore body.
Amarc Resources Ltd. announces assay results from a further 20 delineation drill holes completed at the Newton gold discovery, south-central British Columbia. The new results from the Newton bulk tonnage gold system bring the total number of holes with important gold intercepts to 67. Delineation drilling of the Newton gold discovery commenced in late September 2011 and has progressed rapidly, with the completion of approximately 16,000 metres in 45 diamond drill holes (holes 11044 to 12088). Total drilling of the Newton deposit is now approximately 23,300 metres in 72 holes.
Midlands Minerals has provided the latest update on the activities being carried out on the Sian-Praso Gold Project. The company had commenced drilling at a depth of 5,900 m during May 2012 and has now provided an update on the issues that are outstanding in the project.
MAX Resource Corp. has completed eight holes (872 meters) of the Phase III core drilling program at its Majuba Hill silver/copper/gold project in Nevada. Of these eight holes, the first hole (MM-21) was drilled to a depth of 351 m and tested the southeast extension of near-surface high-grade supergene oxide mineralization identified by Max at the historic Majuba Hill mine during 2011. The remaining seven holes followed up on the discovery hole (MM-18) at the DeSoto zone 1.4 km to the northwest, where MAX intercepted 29.2 m of 98.3 g/t Ag silver equivalent ("AgEq").
Liberty Gold Corp. is pleased to announce it has acquired a 60% interest* in the ~2,218-acre McCord Creek Property gold project in central Alaska's Tolovana Mining District. Liberty Gold will be the project's operator.
Urastar is currently carrying out an extensive RC drilling program on the El Antimonio property and so far 27 holes have been completed. Significant intersections previously released included 29 metres grading 0.79 grams per tonne gold in hole EA-12-17. Recently received significant intercepts include the following:
CuOro Resources, a Canadian exploration company, has provided an update of its exploration program that is being carried out at the Barranco de Loba gold project located in the highly potential San Lucas Gold Belt in Colombia.
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