LONGUEUIL, QUEBEC — (Marketwire) — 01/14/13 — Avala Resources Ltd. (TSX VENTURE: AVZ) (the "Company" or "Avala") is pleased to announce the initial resource estimate for the Kraku Pester project area, part of its Timok Gold Project, a new gold discovery in an emerging sediment-hosted gold belt located in Eastern Serbia.The Kraku Pester National Instrument 43-101 compliant mineral resource, prepared by AMC Consultants Limited (UK) ("AMC"), an independent mining
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — CB Gold Inc. (TSX VENTURE: CBJ) ("CB Gold" or the "Company") is pleased to provide summary drilling results from its Vetas Gold Project, District of Santander, Colombia ("Vetas Gold Project"), located 10 km south of AUX-s La Bodega and La Mascota deposits. Results include 12 separate intercepts of 5 g/t Au or greater.Real Minera Stockwork Zone Drill Results:The Company has now received assays from holes 12
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — Prosperity Goldfields Corp. (the "Company" or "Prosperity") (TSX VENTURE: PPG) announces details of a planned 4,000 meter diamond drill program to commence early March at its 590 square kilometer Kiyuk Lake property in Southern Nunavut. This will be the first two-diamond drill program on the property and is expected to complete 16 to 18 holes. Initial assay results from this program are expected in April."The P
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — Highbank Resources Ltd. (TSX VENTURE: HBK)(FRANKFURT: V7O) (the "Company") -Further to our news release dated December 10, 2012 the Company has received confirmation from its transfer agent that the 14 million escrow common shares have been cancelled and returned to treasury as a result of the termination of its option with MOAG Copper Gold Resources Inc. ("Moag") to acquire an interest in the Highland Valley, B.C.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — GREAT PANTHER SILVER LIMITED (TSX: GPR)(NYSE MKT: GPL) (the "Company") announces that Roscoe Postle Associates Inc. ("RPA") of Vancouver, B.C. has delivered an update to the ongoing mineral resource development at the Company-s 100% owned Topia Silver-Gold-Lead-Zinc Mine in Durango, Mexico. The 2012 Measured & Indicated ("M & I") Mineral Resources total 156,000 tonnes at 806g/t silver, 1.47g/t gold
TORONTO, ONTARIO — (Marketwire) — 01/14/13 — Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA)(OTCBB: GWSAF) is pleased to announce that John Frostiak, P. Eng., an internationally experienced mining engineer, has agreed to become a Senior Consultant to the Board providing technical opinions, advice or input as required. This appointment is in support of the Company-s recently announced plans to accelerate the timetable for putting its wholly-owned Frankfiel
– 19,750 ounces of gold produced in the fourth quarter of 2012
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — Tahoe Resources Inc. (TSX: THO)(NYSE: TAHO) regrets to report that a security patrol at the Escobal project in Guatemala was ambushed by armed criminals shortly after midnight on January 12, resulting in the deaths of two contract security guards.The Escobal security team repelled the attackers who left behind numerous automatic weapons and incendiary devices. According to Guatemala news reports a high-ranking government official close
COMOX, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — Troymet Exploration Corp. (TSX VENTURE: TYE) ("Troymet" or the "Company") reports results from the fall, reverse circulation drilling program on its 100% owned Key gold project in British Columbia (16 holes – 867 metres). Active logging severally restricted access for drilling with the result that only four target areas were drilled: Buzz, SGN, Blue and P1A (). Access to the SGN anomaly was restricted to the northern en
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/14/13 — First Point Minerals Corp. (TSX: FPX) ("First Point" or the "Company") is pleased to provide a review of its 2012 regional exploration activities in Canada, Norway and Australia as part of the Company-s ongoing global search for awaruite, a unique style of naturally occurring nickel-iron alloy mineralization.YukonThe Mich property, owned 100% by First Point and totalling 11.5 square kilometres in size, is located 52