Lydian International Ltd. ("Lydian" or "the Company"), a gold-focused mineral exploration and development company, today announced that a crushing circuit trade off study has been completed to improve previous design studies carried out in the Feasibility Study (see press release September 7, 2012) and to look at alternative scenario's in which a larger and single crusher scenario may have advantages.
Edgewater Exploration Ltd. ("Edgewater" or the "Company") is pleased to announce the approval of the Environmental Impact Statement (EIS) by the Ministry of Environment, Territory and infrastructures of La Xunta de Galicia. The EIS represents the final step in the environmental permitting process to advance the Corcoesto Gold Project onto construction. This approval is a significant milestone for Edgewater and its shareholders, taking the Company one step closer to developing a new open pit gold mine in the Province of Galicia.
Riverside Resources Inc. ("Riverside" or the "Company") is pleased to announce that Riverside and its partner, Cliffs Natural Resources ("Cliffs"), have commenced drilling at the Naranjo project located in Jalisco, Mexico. The planned five-hole, 1,400 metre reverse-circulation drill program is now underway. The Naranjo project is the second project to be drilled under the Iron Oxide Copper Gold (IOCG) Strategic Alliance between Riverside and Cliffs.
Lithium Exploration Group today updated shareholders on the results of the most recent round of tests of its ultrasonic generator. The power regulation issues have been resolved and, over the first week of testing, the unit was ramped up to 70% of its target RPM and performance data was monitored and recorded.
USA GRAPHITE INC. (or "The Company") is currently reviewing high quality graphite targets in the Southwest sector of the USA.
Aurcana Corporation ("Aurcana" or the "Company") is pleased to announce that the commissioning and testing phase has been successfully completed and the Shafter Mine in Texas is now in commercial production.
MarketResearch.com has announced the addition of the market research report "Sustainability in the Global Mining Industry 2012-2013: Market Trends and Opportunities, Profitability and Budget Forecast, Mining Industry Procurement and Marketing Initiatives" to their product offering.
Noram Ventures Inc. ("Noram" or the "Company") is pleased to report that analytical results from rock grab samples confirm the SkyTEM airborne survey EM targets (See: Figure 1) host graphite mineralization on the Company's Nakusp flake-graphite property (hereinafter called the "Jumbo Property") located in the Central Kootenay region of Southeastern British Columbia ("BC").
Condor ("Condor" or "the Company"), a gold exploration company focused on delineating a large commercial resource on its wholly owned 2.4m oz gold La India Project in Nicaragua is pleased to announce that, pursuant to the agreement announcement on 11th October 2012, the Minister of Energy and Mines has approved the transfer of the 27sq km La Mojarra Concession (the "Concession") to Condor's wholly owned, Nicaraguan subsidiary La India Gold S.A. Under the terms of the Agreement the said approval triggers a US$300,000 payment.
CADAN RESOURCES CORPORATION ("Cadan" or the "Company") is pleased to announce that the Company's Philippines affiliate, Tribal Mining Corporation (TMC), has poured its first gold since the approval to commence commercial production at the T'Boli gold-silver mine (Company News Release October 18, 2012).
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