Homestake Resource Corporation ("Homestake") reported today that surface soil and rock sampling on the Kinskuch project has extended Ag-Pb-Zn mineralization south of Homestake's 2011 drilling by an additional 750 metres and expanding the overall Illiance River trend to more than 4.5 kilometres of strike length. In addition, a second sub-parallel trend of elevated Cu and Au anomalies has been identified to the west of the main trend, along a prominent geophysical conductivity anomaly.
Nevada Copper Corp. ("Nevada Copper") is pleased to announce that drill contracts have been signed for follow-up drilling of the NC12-34 area from its 100% owned Pumpkin Hollow Property located near Yerington, Nevada. It is expected that drill mobilization will commence later this month. The initial phase of the drill program will total 5,000 meters.
Metso and ZAO Russian Copper Company (RMK) have signed a contract to supply crushing, screening and grinding equipment - as well as on-site services for six years -to the first plant of the new Tominsky GOK copper concentrator in the Chelyabinskya region in southwestern Russia.
Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that initial reconnaissance sampling has identified a large area of mineralized and silicified igneous rocks containing up to 45.9 grams per tonne (gpt) gold and 1.82% copper at the Piedra Iman Project.
Pacific Imperial Mines Inc. ("the Company") is pleased to announce that the Company, through its Brazilian subsidiary, Pacific Imperial Mineração do Brasil Ltda. was the successful bidder and has been awarded a 100% interest in the Marcionilio Nickel-Copper property ("the Property"). The Property was recently offered for public tender by the owner, Companhia Baiana de Pesquisa Mineral (CBPM).
Empire Mining Corporation ("Empire") is pleased to report that a high resolution, helicopter-borne magnetic and radiometric geophysical survey has commenced over its Bursa licences in western Turkey to aid regional geological and structural interpretation as well as to identify extensions to previously-identified mineralization and to locate new exploration targets.
Foran Mining Corporation ("Foran" or the "Company") is pleased to announce that the Company has engaged Roscoe Postle Associates Inc. ("RPA") to complete an updated mineral resource estimate (the "Updated Resource") on its 100% owned McIlvenna Bay Deposit ("McIlvenna Bay" or the "Deposit") in Saskatchewan. It is anticipated the Updated Resource will be completed in the first quarter of 2013.
Dundarave Resources Inc. (the "Company") is pleased to report that a letter of intent has been signed regarding the Jesse Creek property with Ocean Park Ventures Corporation ("Ocean Park") and drilling will commence shortly.
FLSmidth has won a contract worth approximately USD 63m (approximately DKK 369m) from the Kazakhstani company, Kazakhmys PLC, to design a copper concentrator and supply all the process technology for a plant to be built at their Bozshakol copper mine in Kazakhstan, 220 km north of the capital Astana.
Cornerstone Capital Resources Inc. ("Cornerstone") (TSX VENTURE:CGP) (FRANKFURT:GWN) (BERLIN:GWN) (OTCBB:CTNXF) is pleased to provide an update on exploration activities on the Cascabel gold-copper porphyry project located in northern Ecuador.
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