Gold Canyon Resources Inc. is pleased to announce commencement of a rare earth elements (REE) exploration program in Tanzania, Africa through its Joint Exploration Agreement (JEA) between the Company and its joint venture participant, Japan Oil, Gas and Metals National Corporation (JOGMEC).
Kaizen Discovery is pleased to announce that it has entered into a share purchase agreement through which Kaizen will acquire all of the outstanding securities of Tundra Copper Corp. in exchange for common shares of Kaizen.
Asanko Gold Inc. is pleased to announce it has awarded the mining contract for the fully funded and permitted Phase 1 of the Asanko Gold Mine in Ghana. Project construction commenced in August and has been advancing rapidly with the Project on schedule and budget. Phase 1 is expected to produce 200,000 ounces of gold per annum at steady state commencing in Q2 2016, with the first gold pour planned during Q1 2016.
Purepoint Uranium Group Inc. is pleased to report on last week's Hook Lake Technical Committee meeting, a project owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%).
Geomega Resources Inc. announces the start of a 3,000 meters diamond drilling program on its Anik gold project. The initial campaign will include drilling of the gold showings (Orbi, Mirador and Bobby) discovered last summer during field works as well as testing other satellite targets outlined following geophysical and geochemical surveys.
Anconia Resources Corp. is pleased to announce initial results from the second phase program at its Grenfell Property near Kirkland Lake. The program is a follow-up to the recently completed initial prospecting and sampling program, the results of which were reported in a press release dated October 23 2014.
Orezone Gold Corporation is pleased to report that regular operations are progressively resuming in Burkina Faso. Normal office activities in Ouagadougou and Bomboré site environmental monitoring resumed on November 4 and November 6, respectively. Work is underway at the Bomboré field camp to fully assess the damages and clean up and repair broken windows and office furniture.
Komet Resources inc. is pleased to announce positive results from metallurgical testing. The Extended Gravity Recoverable Gold (EGRG), work index and cyanide leaching performed by Peacocke & Simpson (Harare, Zimbabwe) confirms a high GRG/cyanide recovery rate (avg. 97.3%) from the Guiro gold deposit located in Burkina Faso.
Graphite One Resources Inc. is pleased to announce it has completed its 2014 field program.
Eastern Platinum Limited ("Eastplats" or the "Company") today announced that it has reached an agreement with Hebei Zhongbo Platinum Co. Limited ("Hebei Zhongbo") whereby Hebei Zhongbo will acquire the Company's entire South African platinum group metal ("PGM") business and all loan agreements that Eastplats has with its subsidiary companies, for a total consideration of US$225 million payable in cash on closing (the "Acquisition"). The consideration received by Eastplats will be net of the amounts payable to certain minority interests, which amounts remain to be settled.
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