Stellar Is Pleased With Exploration Results at Namarana and Plans Trenching Over Kandane Artisan Mine Site
TORONTO, ONTARIO — (Marketwire) — 01/08/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") is pleased to announce the execution of a definitive agreement whereby Pele will sell its Pigeon River project (the "Project") to Zara Resources Inc. (CNSX: ZRI) ("Zara") for a purchase price of $700,000 payable in Zara stock.Pele President and CEO Al Shefsky stated, "In order to better focus on advancing development
TORONTO, ONTARIO — (Marketwire) — 01/08/13 — Samco Gold Limited (TSX VENTURE: SGA) ("Samco Gold" or the "Company") is pleased to announce that it has made significant progress at its Corina project where the Cerro Cubilete prospect is now ready for preliminary drill testing.HIGHLIGHTSOVERVIEWThe Company-s intention to carry out geological mapping, additional sampling, hand-dug trenching, and a ground magnetic survey at its Cerro Cubilete silver prospect on the 5,000 hect
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") is very pleased to announce that Pit-08 hand held XRF results have returned 11.08% P2O5 from surface to 5 meters depth, including 3 meters grading 13.11% P2O5.The mineralized interval is open at depth. With this 650m step-out, results from Pit-08 indicate that the high-grade mineralized package should exte
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Kiska Metals Corporation (TSX VENTURE: KSK) ("Kiska" or "the Company") reports that the Company, has entered into a non-binding Letter Agreement dated January 7, 2013 to sell the Thorn Property to Brixton Metals Corporation for $1.5 million in cash (including $50,000 on execution of the LOI) and seven million shares of Brixton."With Brixton very close to fulfilling its exploration requirements for the 51% earn-
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Mansfield Minerals Inc. (the "Company") (TSX VENTURE: MDR) announces it has concluded a 2,983 metre (13 hole) diamond drilling program on its Arizaro gold-copper porphyry discovery, located in Salta Province, Argentina. The Arizaro project is located immediately adjacent (3 km southeast) to the Company-s feasibility stage, permitted Lindero gold heap leach project and exhibits a deeper oxide weathering profile.The near surfac
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Brixton Metals Corporation (TSX VENTURE: BBB) (the "Company" or "Brixton") is pleased to announce that it has entered into a non-binding letter agreement dated January 7, 2013 to acquire a 100 percent interest in the Thorn property (the "Thorn Property") from Rimfire Minerals Corporation ("Rimfire") (the "Transaction"), a subsidiary of Kiska Metals Corporation ("Kiska"). Brixt
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Edgewater Exploration Ltd. (TSX VENTURE: EDW)(OTCQX: EDWZF) ("Edgewater" or the "Company") is pleased to report it has now completed the in-fill diamond drilling program on the Company-s 100% owned Corcoesto Gold Project, Galicia, Northwest Spain."We are pleased with how our in-fill drilling program has gone over the last 12 months. Our focus was to convert Inferred resources to Measured and Indicated resources
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — Fancamp Exploration Ltd. ("Fancamp" or the "Company") (TSX VENTURE: FNC) is pleased to announce the optioning of two early-stage exploration properties, the Phoenix and MTK Properties, in the Chapais segment of the Chibougamau-Chapais Copper-Gold Camps (Quebec).The 31-claim Phoenix Property ("Phoenix") sits immediately south of and adjoining the town of Chapais and its four former precious and base metal p
NEW WESTMINSTER, BRITISH COLUMBIA — (Marketwire) — 01/08/13 — International Millennium Mining Corp. (TSX VENTURE: IMI) (the "Company" or "IMMC") reports the results from two more drill holes completed on its Nivloc Silver and Gold Project, located in southwestern Nevada. These holes are part of a planned 11 hole drill program designed to reduce the drill hole spacing and confirm continuity of the mineralization in an area drill tested in 2011 and in which a National Inst
