Precipitate Gold Corporation (the "Company" or "Precipitate" or "PRG") is pleased to announce results of an initial collaborative data review conducted in concert with GoldQuest Mining Corp. as part of the companies' recently announced data sharing agreement aimed at developing a better regional understanding of the Dominican Republic's Tireo Gold Belt and its geological characteristics and district scale potential.
MINES MANAGEMENT, INC. (the "Company") is pleased to report that Records of Decision (ROD) approving development of the Montanore Mine Project were issued by the U.S. Forest Service (USFS) and the Montana Department of Environmental Quality (MDEQ). The agencies' decisions approve the project defined in the preferred alternative as outlined in the Joint Final Environmental Impact Statement (EIS) previously announced on December 21, 2015, and provide a path forward for development of the project.
Skeena Resources Limited ("Skeena" or the "Company") has compiled historic work on high-grade gold-silver and bulk tonnage copper-gold exploration targets on its GJ property, acquired in October 2015. The GJ property totals 38,374 hectares and is adjacent to British Columbia Provincial Highway 37 and the new Iskut Extension powerline and Tatogga substation, which feed the nearby Red Chris mine of Imperial Metals. Several other roads and trails access portions of the GJ property.
Gerald Metals SA ("Gerald"), a member of Gerald Group, and Shanghai Pengxin Investment Co., Ltd. ("Pengxin"), a subsidiary of Pengxin International Mining Co., Ltd., entered into a joint venture agreement in Shanghai on January 28, 2016, to work jointly in procuring, producing, and marketing raw and refined copper and cobalt materials on a global basis.
VVC Exploration Corporation ("VVC" or the "Company") announces that the court proceedings, described below, in Juarez Mexico may at some point impact the zoning of the Company's Samalayuca Copper project in the State of Chihuahua, Mexico:
Almadex Minerals Limited ("Almadex" or the "Company") is pleased to announce that since listing on the TSX-V in August 2015, it has commenced exploration activities on several of its projects and work programs are currently underway. The focus of work to date has been the Company's El Cobre and Los Venados prospects in Mexico. Some regional exploration work has also been initiated.
Discovery Ventures Inc. is pleased to announce that it has received a technical report entitled Amended Preliminary Economic Assessment Technical Report on the Willa Property.
Millrock Resources Inc. ("Millrock") announces that First Quantum Minerals has elected not to renew its option to acquire a joint venture interest in the Alaska Peninsula property. No mineralization of significance was discovered in drilling at the Mallard Duck Bay prospect. Mineralization intersected at the Dry Creek prospect, while highly anomalous, was not strong enough to encourage further drilling. Millrock is discussing an extension of the option to lease agreement concerning the lands with the underlying subsurface land owner, Bristol Bay Native Corporation.
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, today announced the receipt of a new, independent, Mineral Resource estimate for the company's historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines and Gécamines, the state-owned mining company.
Beaufield Resources Inc. ("Beaufield") is pleased to report results from prospecting, data evaluation and ground geophysics from its 100% owned Urban property, Quebec. The Urban property consists of three blocks of claims (Rouleau, Macho and Lac Kent) centrally located within the Urban-Barry greenstone belt.
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