TriMetals Mining Inc. (the "Company") announces the filing of an Amended Preliminary Economic Assessment for the Gold Spring Project (the "Amended Report"). The Amended Report restates the resource estimate for Gold Springs and focuses on the results of the base case preliminary economic assessment (the "PEA") which remained unchanged.
Star Minerals Group Ltd. ("Star") is pleased to announce updated exploration activities as reported by its joint venture partner Lakeland Resources Inc. ("Lakeland"), where Lakeland was granted an option to acquire a 100% interest in two claims totaling 1,092 hectares located near the settlement of Stony Rapids in the Athabasca Basin, Saskatchewan.
North Arrow Minerals Inc. is pleased to announce completion of the June 2014 till sampling program at the Pikoo Diamond Project in central eastern Saskatchewan. A total of 441 till samples were collected during the four week program, which was intended to follow up on the 2013 discovery of diamond bearing kimberlite within the 33,000 ha property (please see North Arrow news release dated November 5, 2013 for complete details).
Millrock Resources Inc. is pleased to report it has completed geophysical surveying on its Alaska Peninsula Project, Alaska. The survey saw a total of 1,140 line kilometers of high-resolution airborne magnetic and radiometric data collected over three prospects of interest: Bee Creek, Mallard Duck Bay, and Kawisgag. Precision Geosurveys Inc. was contracted to carry out the helicopter-borne surveys.
Northern Lion Gold Corp. (the "Company") has commenced a 1,500 metre diamond drill program with project partner, Centerra Gold (KB) Inc., a subsidiary of Centerra Gold Inc. (collectively "Centerra"). The drill program will follow-up on the 2013 discovery of volcanogenic-hosted-massive-sulphide-(VHMS)-related mineralization at the Mavroyi project area.
QMX Gold Corporation ("QMX" or the "Company") and Northern Sun Mining Corp. ("Northern Sun") have agreed to an extension of the closing of the proposed acquisition by Northern Sun of the Snow Lake property, detailed in the press release dated October 2, 2013. The closing is now expected to occur on or before September 30, 2014.
Carpathian Gold Inc. (the "Corporation" or "Carpathian") advises that it has concluded a further extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie").
Seafield Resources Ltd. ("Seafield" or "the Company") is pleased to announce that it is continuing with the "Strategic Alternative" process as announced in November 2013 (see press release dated November 21, 2013) and expects to have additional news on this in the near future.
Tyhee Gold Corp. ("Tyhee" or the "Company") is pleased to report that the Company has entered into an agreement (the "Implementation Agreement") with RMB Australia Holdings Limited ("RMB") and Sutter Gold Mining Inc. ("Sutter") whereby, subject to certain conditions, Tyhee will acquire: all of the issued and outstanding shares of Sutter currently held by RMB and/or its affiliates; all of the issued and outstanding shares of Sutter that are to be issued to RMB by Sutter upon the proposed conversion of US$8 million of RMB's current debt exposure to Sutter; and approximately US$17 million of RMB's additional debt exposure to Sutter (the "Transaction".) Upon completion of the Transaction, Tyhee will hold approximately 73% of Sutter's issued and outstanding shares, on a non-fully-diluted basis.
RT Minerals Corp. ("RTM"/ the "Company") announces that the Company has secured the exclusive exploration rights to the Tiger River, Konawaruk and Demerara River gold properties, Guyana, South America.
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