Columbus Gold Corporation is pleased to announce drill results from its 100% owned Rattler Prospect, Red Hills Project located in eastern Nevada USA, and within the prolific Carlin Trend. Carnavale Resources Limited("Carnavale") has joint venture rights to earn up to 51% of the Red Hills Project from Columbus Gold by incurring $2 million in expenditures by August 2016. Carnavale can earn an additional 24% (totaling 75%) by incurring an additional $7 million over four further years.
Pasinex Resources Limited (the "Company" or "Pasinex") today announced the completion of another lot sale of 1,556 tonnes wet weight (1,463 tonnes dry weight) of high grade zinc mineral material (at approximately 38% Zn) from the Pinargozu zinc mine in Adana province, Turkey.
Sphinx Resources Ltd. is pleased to announce the signing of a letter of agreement with SOQUEM INC. to grant SOQUEM the option to acquire an undivided 50% interest in its Calumet Sud zinc project.
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, today announced the receipt of a new, independent, Mineral Resource estimate for the company's historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines and Gécamines, the state-owned mining company.
Callinex Mines Inc. is pleased to provide an exploration update on the upcoming winter drilling campaign at the Company's 100% owned Pine Bay Project, located near HudBay's 777 mine and processing facilities in Flin Flon, Manitoba.
TOMAGOLD CORPORATION ("TomaGold" or the "Corporation") is pleased to announce that following a VTEM type airborne electromagnetic survey of 443 km completed during the month of November 2015 on the Little Monster, Cookie Monster, Monster Island and Hazeur properties, the Corporation completed a diamond drilling campaign that it initiated in early December 2015.
Eurasian Minerals Inc. (the "Company" or "EMX") is pleased to announce it has been advised of the initial shipment of material for processing from the Balya lead-zinc-silver royalty property by owner and operator Dedeman Balya Kursun Cinko Isletmeleri A.S. EMX retains an uncapped 4% net smelter return royalty on the Balya property, which is located in the historic Balya mining district of northwestern Turkey. The Dedeman group (collectively "Dedeman") includes privately-held Turkish mining companies with active operations that produce lead, zinc, silver, and chromite.
Fancamp Exploration Ltd. ("Fancamp") is pleased to announce that trenching this past week within the NNE trending Fault corridor encountered an approximately 2 metre wide zone of massive to semi massive sphalerite enclosed in strongly silicified siltstone, a type of mineralization not previously seen in the district. A grab sample from this zone returned a zinc value of 25%. In addition, immediately to the west of this occurrence in the trench, the host siltstone contains 30-40% sulphide bearing quartz veinlets. Further assays are awaited.
Trecora Resources, today announced formal approval of new licenses for the Al Masane Al Kobra Mining Company (AMAK) zinc and copper mine in Saudi Arabia. The Company is the original developer and a 35% owner of AMAK, a Saudi Arabian joint stock company.
Star Mountain Resources, Inc. announces it has entered into three-way definitive agreements with Northern Zinc, LLC and HudBay Minerals, Inc. that will result in Star Mountain acquiring Balmat Holding Corporation, including St. Lawrence Zinc Company, LLC and its mining operations in the Balmat mining district of St. Lawrence County, New York.
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