Scorpio Mining Corporation (the "Company") today provided information concerning its ongoing review of certain previously disclosed discrepancies concerning the concession boundaries of the Company's El Cajón mineral deposit, located in the Cosalá Norte District near Cosalá, Sinaloa in Mexico, and efforts by Tocqueville Asset Management, L.P. and The Tocqueville Trust on behalf of The Tocqueville Gold Fund to take control of the Company's board of directors.
Metals Creek Resources has been advised by Xmet Inc. of the following update on its pending work program on the Blackflake West (Feagan Lake) graphite project. The all-channel electromagnetic response target was discovered by Metals Creek close to the western boundary of Zenyatta's Albany graphite diatreme. Geotech, which flew the VTEM survey in March, 2014, concluded in its final report that the anomaly appears to be a steeply dipping conductor.
Vanguard Mining Corporation, today announced that the Company signed a business cooperation agreement with PT Raksasa Metal Agung, an Indonesian company, to start a joint operation of placer gold mining in sub-district Karang Tengah, Wonogiri, Central Java, Indonesia.
PC Gold Inc. ("PC Gold" or the "Company") wishes to announce that it has entered into a mineral claim and option purchase agreement with GoldON Resources Ltd. (the "Vendor") to purchase 38 mining claims from the Vendor (the "Owned Claims") and to assume all of the Vendor's rights, interest and obligations under an option agreement between the Vendor and an arm's length third party (the "Option Agreement") in respect of an additional 5 mining claims (the "Optioned Claims").
VMS Ventures Inc. ("VMS" or the "Company") is pleased to announce that in keeping with the Joint Venture Agreement (JV Agreement) with Hudbay Minerals Inc., ("Hudbay") it has successfully negotiated and executed a definitive and binding Ore Sales and Purchase Agreement ("OS&P Agreement") with Hudbay regarding its 30% share of production from the Reed mine, located near Flin Flon, Manitoba.
Ruby Gold, Inc. ("RGI", or the "Company"), a wholly-owned subsidiary of North Bay Resources Inc. ("North Bay"), is pleased to announce that it has engaged Taurus Drilling LLC ("Taurus") of Lake Havasu City, Arizona, to complete the drilling of nearby mining targets at the Ruby Mine in Sierra County, California. Taurus is scheduled to commence drilling on June 9, 2014.
Gold Standard Ventures Corp. ("Gold Standard" or the "Company") announces that one core and four reverse circulation holes have been completed in the Phase I drilling program at the Pinion Project. Drilling at sites Core D, RC-1, RC-7, RC-8 and RC-9 is complete and represents approximately 35% of the Phase 1 Pinion drilling (click the following for Pinion drill hole map: http://goldstandardv.com/proposed-pinion-holes/).
Pilot Gold Inc. ("Pilot Gold" or the "Company") is pleased to announce that step-out drilling at Kinsley Mountain's Right Spot target has returned long runs of predominantly oxide gold mineralization. The Right Spot target is located along the 2 kilometre-long NNE Western Flank trend, 1 kilometre south of the recently discovered high-grade zone.
Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has initiated drilling at the San Pedro property in Michoacán, Mexico. Amarium has been engaged in exploration of the San Pedro Mine since mid-February, conducting trenching activity and soil sampling throughout the property.
SIRIOS RESOURCES INC. announces the restart, in the forthcoming days, of the diamond drilling campaign on the Cheechoo gold property adjacent to the Éléonore gold mine property of Goldcorp in James Bay, Quebec. In addition, detailed prospecting and systematic rock sampling had begun this week.
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