VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Avino Silver & Gold Mines Ltd. (TSX VENTURE: ASM)(NYSE MKT: ASM)(FRANKFURT: GV6) ("Avino" or "the Company") is pleased to provide the following update of activities at its San Gonzalo Mine 80 km North East of Durango, Mexico.San Gonzalo DevelopmentAvino continues with underground development extending the decline from level 4 to level 5. The decline has advanced approximately 320 metres with 47 metres remaining
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Independence Gold Corp. (TSX VENTURE: IGO) ("Independence Gold" or "the Company") is pleased to report assay results from a seventeen hole, 3,949 metre ("m") diamond drilling program completed during November 2012 on its 100% owned 3Ts Project. The 3Ts Project is located approximately 185 kilometres ("km") southwest of Prince George, British Columbia and situated 20 km southwest of the Blackwater
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Pistol Bay Mining Inc. (TSX VENTURE: PST) announces that it has arranged a non-brokered private placement of up to 5,000,000 units for total proceeds of up to $600,000, subject to the approval of the TSX Venture Exchange.Up to 5,000,000 units will be issued as non flow-through units at a price of $0.12 per unit consisting of one common share and one whole warrant. Each whole warrant will entitle the holder to purchase one additional co
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Riverstone Resources Inc. (TSX VENTURE: RVS)(OTCQX: RVREF)(FRANKFURT: 3RV) ("Riverstone" or the "Company") reports that initial rotary air blast ("RAB") drilling over a 180-square-kilometre area north of the Karma Gold Project ("Karma Project") has intersected extensive near-surface oxide gold mineralization, highlighted by 2.15 grams per tonne gold (g/t Au) over 30.0 metres in hole RAB-414.The R
Drilling extends gold mineralization 40 metres to the southeast, reveals additional high-grade infill intercepts in north-central portion of the gold zone
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Standard Graphite Corp. (TSX VENTURE: SGH)(OTCQX: DARDF) (the "Company") is pleased to report that the assay results from the 2012 drill program on the newly discovered Oat Zone confirms graphite mineralization (see press release September 11, 2012).Chris Bogart, President and CEO of Standard comments: "The Oat Zone discovery is very critical for the development of the Mousseau East Project and we believe will contribute
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/29/13 — Astur Gold Corp. (TSX VENTURE: AST)(FRANKFURT: CDC) ("Astur Gold" or the "Company") is pleased to announce that the Company has signed a Letter of Intent ("LOI") with Isolux Corsan ("Isolux") to construct a 2200 meter long development decline for the planned underground mine at the Salave Gold Project."Isolux is one of Spain-s top contractors and we are excited to work with them on construct
COMO, WESTERN AUSTRALIA — (Marketwire) — 01/29/13 — Medusa Mining Limited (ASX: MML)(LSE: MML) ("Medusa" or the "Company"), through its Philippines operating company Philsaga Mining Corporation announces the update of the JORC compliant Mineral Resource estimation for the Bananghilig Gold Deposit.Following the completion of infill drilling last year (as reported on 21 November 2012), the inferred resource reported on 28 August of 1,100,000 ounces at a grade of 1.63 g/t g
SHELBURNE, NOVA SCOTIA — (Marketwire) — 01/28/13 — Black Bull Resources Inc. (NEX: BBS.H) released the Audited Financial Statements and Management Discussion & Analysis (MD&A) for the year ended September 30, 2012.The Company reports a net income for the year of $26,907 (net loss of $368,396 in 2011) or $0.00, per share ($0.00 in 2011). The loss would have been $226,957 except for an adjustment to reclamation obligation. There was no mineral revenue of $35 ($159,065 in 2011) as the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/28/13 — Colonial Coal International Corp. (TSX VENTURE: CAD) (the "Company" or "Colonial Coal") -David Austin, Colonial Coal-s President and CEO, is pleased to report that, based upon a review of various data from in and around Colonial Coal-s Flatbed project area (located south of Tumbler Ridge, B.C.), Colonial Coal-s geological consultant has now identified three target areas for initial exploration. The data reviewed inc
