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Melkior Signs MOA to Drill on Carscallen Township Properties

Melkior Resources Inc. ("Melkior") is pleased to announce that it has signed a Memorandum of Agreement to drill a minimum of 600 metres on its 100% owned Carscallen Township properties. Depending on availability of financing the program may be expanded. The initial program will be on the Big Marsh property.

11 Feb 2016

Forum Announces Initiation of Drill Program at Henday Property

Forum Uranium Corp. ("Forum") announces that Rio Tinto Canada Uranium Corporation ("RTCUC") has commenced a drill program with two diamond drill rigs at its 40% owned Henday property. Henday is strategically located north-east of the Denison/AREVA Midwest Lake deposit and RTCUC's Roughrider deposit and bordering AREVA/Denison's McClean Lake uranium mine and mill (see Figure 1).

11 Feb 2016

Follow-Up Drilling Program to Commence at Columbus’s Eastside Gold Project

Columbus Gold Corporation is pleased to report that it plans to commence a follow-up drilling program at its Eastside gold project in Nevada on February 25th, 2016. Two drill rigs, a rotary rig and a core rig will be used and the preparation of access roads and drill sites is underway.

11 Feb 2016

New Volcanogenic Massive Sulphide Zone Discovered at Callinex’s Pine Bay Project

Callinex Mines Inc. (the "Company" or "Callinex") is pleased to announce the discovery of a new Volcanogenic Massive Sulphide zone (the "VMS Zone") at the Pine Bay Project located near HudBay's 777 Mine and processing facilities in Flin Flon, Manitoba. The VMS Zone was encountered approximately 450m east of the Pine Bay deposit and historic underground workings (See Figure 1).

11 Feb 2016

ATAC Announces Exploration and Drilling Program Plans at Rackla Gold Project

ATAC Resources Ltd. ("ATAC" or the "Company") announces plans for its fully-funded Phase I exploration and drilling program at its 100% owned Rackla Gold Project in east-central Yukon. ATAC is well-funded with approximately $16 million in its treasury.

11 Feb 2016

Drilling Resumes on Balmoral's Detour Trend Project in Quebec

Balmoral Resources Ltd. ("Balmoral" or the "Company") reports that drilling has resumed on the Company's Detour Trend Project in Quebec. The initial focus of drilling will be on testing a number of recent gold/base metal discoveries and targets on the Company's wholly owned Grasset and Fenelon properties. A second drill will begin turning on the Company's Martiniere Property, home to the Martiniere West and Bug Lake Gold Trends, as soon as weather conditions and staffing permit.

11 Feb 2016

Arena Provides Updates on JOGMEC JV Exploration Program

Arena Minerals Inc. ("Arena" or "the Company") is pleased to provide an exploration update for the program operated by the Company as part of the Japan Oil Gas and Mineral Exploration Company ("JOGMEC") US$17.5 million joint venture agreement. A total of 14,900 metres of primarily reverse circulation ("RC") drilling has been completed in 88 drill holes, as part of the Phase 1 program that covers all of the areas under the JOGMEC agreement.

11 Feb 2016

Pasinex Increases Production with Recent Lot Sale of High Grade Zinc Mineral Material from Pinargozu Mine

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.

10 Feb 2016

Maya Produces 52,086 Ounces of Silver at Zgounder Silver Mine in January 2016

Maya Gold & Silver Inc. ("Maya" or the "Corporation") is pleased to report production of 52,086 ounces (1620 Kg) during the month of January 2016 at its Zgounder silver mine in Morocco. This represents the second consecutive monthly production record at Zgounder, an increase of more than 9% from December's previous record output of 47,676 ounces.

10 Feb 2016

New Gold-Bearing Unit Intersected at Cheechoo Gold Project, Reports SIRIOS

Management of SIRIOS announces a new geological gold unit has been intersected in the Cheechoo property, Eeyoun Istchee James Bay. This unit was intersected in hole #40 at a depth of 296 m. It is an altered and mineralized biotite schist with 1 to 3% of pyrrhotite and arsenopyrite disseminated on total thickness of the 36 metres unit. (True thickness unknown).

10 Feb 2016

Platinum Group Announces Successful Completion of Hot Commissioning Test for Maseve Platinum Mine

Platinum Group Metals Ltd. ("Platinum Group" or the "Company") reports the Maseve (formerly WBJV Project 1) Platinum Mine has successfully completed its 72 hour run test during Hot Commissioning of its concentrator facility. The mine has produced its first concentrate for delivery to the Anglo Platinum Waterval smelter 40 kms to the south of the mine.

10 Feb 2016

Winter 2016 Drilling Program Underway at Pikoo Diamond Project in Saskatchewan

North Arrow Minerals Inc. is pleased to announce that the winter 2016 exploration drilling program is underway at the Pikoo Diamond Project in central eastern Saskatchewan. Approximately 2,500 m of drilling is planned to fully delineate diamond bearing kimberlite discoveries made in 2013 and 2015 and to test new targets identified from recent geophysical surveys. Ground geophysical surveys of selected target areas are underway and the drill is to be mobilized to the property this week. The program is expected to run through to the end of March 2016.

10 Feb 2016

TerraX Minerals Completes Planned Drill Program at Yellowknife City Gold Project

TerraX Minerals Inc. has completed its planned drill program on the Mispickel Target on the Walsh Lake property, Yellowknife City Gold project ("YCG"). Drilling totaled 383 meters in 4 holes on two parallel sections approximately 50 meters apart.

10 Feb 2016

Randgold Posts Record Production in 2015 Despite Challenges in Gold Mining Industry

Randgold Resources chief executive Mark Bristow today described 2015 as one of the best years in the company's history as it faced down the challenges surrounding the embattled gold mining industry to post performance improvements and advances on every front

10 Feb 2016

Revelo Signs Option and Sale Agreement with Austral Subsidiary for San Guillermo Project

Revelo Resources Corp. ("Revelo" or the "Company") is pleased to announce that it has signed an Option and Sale Agreement (the "Agreement") with Guanaco Cia. Minera SpA, a wholly owned Chilean subsidiary of Austral Gold Limited ("Austral"), whereby Austral will have the sole and exclusive option and right to acquire a 100% undivided interest in Revelo's 12,500 hectare San Guillermo project (the "Project"), located in Northern Chile, by paying Revelo a total of US$2.65 million over three years (out of which US$ 2 million is the optional payment in year 3 to fully acquire the Project) plus spending US$ 3 million on exploration over the same time frame of three years. Revelo will also retain a royalty on any future production from the project.

9 Feb 2016

Mining News

Melkior Signs MOA to Drill on Carscallen Township Properties

Forum Announces Initiation of Drill Program at Henday Property

Follow-Up Drilling Program to Commence at Columbus’s Eastside Gold Project

New Volcanogenic Massive Sulphide Zone Discovered at Callinex’s Pine Bay Project

ATAC Announces Exploration and Drilling Program Plans at Rackla Gold Project

Drilling Resumes on Balmoral's Detour Trend Project in Quebec

Arena Provides Updates on JOGMEC JV Exploration Program

Pasinex Increases Production with Recent Lot Sale of High Grade Zinc Mineral Material from Pinargozu Mine

Maya Produces 52,086 Ounces of Silver at Zgounder Silver Mine in January 2016

New Gold-Bearing Unit Intersected at Cheechoo Gold Project, Reports SIRIOS

Platinum Group Announces Successful Completion of Hot Commissioning Test for Maseve Platinum Mine

Winter 2016 Drilling Program Underway at Pikoo Diamond Project in Saskatchewan

TerraX Minerals Completes Planned Drill Program at Yellowknife City Gold Project

Randgold Posts Record Production in 2015 Despite Challenges in Gold Mining Industry

Revelo Signs Option and Sale Agreement with Austral Subsidiary for San Guillermo Project

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