Galantas Gold Corporation (the 'Company'), the AIM and TSXV quoted gold producer and explorer with a 100% interest in Ireland's only operating gold mine, has received core drilling results from its Omagh Gold Property, near Omagh, County Tyrone, Northern Ireland.
Kiska Metals Corporation ("Kiska" or "the Company") reports that the Company, has entered into a non-binding Letter Agreement dated January 7, 2013 to sell the Thorn Property to Brixton Metals Corporation for $1.5 million in cash (including $50,000 on execution of the LOI) and seven million shares of Brixton.
Eagle Star Minerals Corp. ("Eagle Star" or "the Company") is very pleased to announce that Pit-08 hand held XRF results have returned 11.08% P2O5 from surface to 5 meters depth, including 3 meters grading 13.11% P2O5.The mineralized interval is open at depth. With this 650m step-out, results from Pit-08 indicate that the high-grade mineralized package should extend along a minimum strike of 1.2 kilometers.
Pele Mountain Resources Inc. ("Pele" or the "Company") is pleased to announce the execution of a definitive agreement whereby Pele will sell its Pigeon River project (the "Project") to Zara Resources Inc. (CNSX:ZRI) ("Zara") for a purchase price of $700,000 payable in Zara stock.
Mr. Maurice Giroux, President and Chief Executive Officer of Stellar Pacific Ventures Inc. ("Stellar" or the "Company") and a Qualified Person as defined in NI 43-101, is pleased to report that significant results were obtained from the evaluation of the gold potential of the Namarana exploration licence in Mali, West Africa. The Namarana permit is 100% owned by Stellar Pacific Ventures Inc. and covers an area of 120 km2.
Vena Resources Inc. (the "Company" or "Vena") announces positive results on the preliminary metallurgical testing of outcropping veins and mine dumps as part of the recently initiated program to evaluate near surface resources on its 100% owned Esquilache project located in southern Peru.
Dakota Territory Resource Corp ("Dakota Territory" or the "Company"), is pleased to announce that it has substantially increased the Company's property holdings through the acquisition of three groups of unpatented lode mining claims covering approximately 853 acres in the Black Hills of South Dakota.
Dalradian Resources Inc. ("Dalradian" or the "Company") is pleased to announce the start of its 2013 exploration program in Northern Ireland. Activities currently and shortly to be underway include: drilling, expansion of soil geochemistry grids, sampling of historic core and a ground geophysics program.
Glass Earth Gold Limited ("Glass Earth") today announces that it has closed the second tranche of its previously announced non-brokered Private Placement. A total of 3,343,750 Units have been sold at a price of $0.16 per unit for gross proceeds of C$535,000.
Between 2001 and 2011, while the S&P 500 eked out an average 3 percent annual total shareholder return (TSR), the mining industry averaged 18 percent. Even more remarkable was the decade-long annual average TSR of the industry's top ten: a stunning 39 percent. Furthermore, unlike their industry peers, the top ten mining companies continued to earn high TSRs during the second half of the decade, the period encompassing the global financial crisis.
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