Visible gold in 18 vein intersections 38.4 g/t Au over 2.0 m; including 150 g/t Au/0.5m
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — Revolution Resources Corp. (TSX: RV) ("Revolution" or "the Company") is pleased to report assay results from shallow reconnaissance drilling at its La Bufa Property in southwestern Chihuahua, Mexico.La BufaRevolution-s 18,000 hectare La Bufa Property is located 30 km east of Goldcorp-s El Sauzal mine, and is centered on the historic Carmen copper-gold mine. The La Bufa property also includes the historic Golondrina
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE: AIX)(FRANKFURT: 37N) is pleased to announce the completion of its 2012 exploration program at the Money Rock / West Pogo gold project, located 80 kilometers southeast of Fairbanks, Alaska. Two NQ core drill holes were completed on the West Pogo portion of the project, and two were completed at Money Rock for a total meterage of 1,474 meters (4,835.5 ft.).
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — Baja Mining Corp. ("Baja") (TSX: BAJ)(OTCQX: BAJFF) today announced that the lenders to its 70% owned subsidiary, Minera y Metalurgica del Boleo S.A. de C.V. ("MMB") have agreed to a waiver to the second standstill agreement (as described in Baja-s news release of August 7, 2012).The new standstill agreement requires the Korean Consortium to complete Stage I financing by August 27, 2012.The Korean Consortium has adv
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — International Tower Hill Mines Ltd. ("ITH" or the "Company") – (TSX: ITH)(NYSE Amex: THM)(NYSE MKT: THM)(FRANKFURT: IW9) announces that, pursuant to its 2006 Incentive Stock Option Plan, it has granted options to purchase up to 4,700,000 common shares to directors, officers, employees and consultants. The options are exercisable at a price of $3.17 per share for a period of 5 years ending on August 24, 2017 and vest
MONTREAL, QUEBEC — (Marketwire) — 08/24/12 — Dynacor Gold Mines Inc. (TSX: DNG) (Dynacor or the Company) is pleased to announce it has set an all-time monthly gold production and average grade record in July. The Company-s thriving ore-processing division produced 5,701 ounces of gold in July. A total of 6,554 tons of ore was processed with a record average grade of 0.941 oz. /tonne or 26.68 grams of gold per tonne.As of the end of July, Dynacor has produced 31,203 ounces of gold and is wel
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — Canasia Industries Corporation ("Canasia" and the "Company") (TSX VENTURE: CAJ)(PINKSHEETS: CANSF)(FRANKFURT: 45C) is pleased to announce operations have commenced on its aluminous clay/ rare-earth prospect ("the Murdochville Prospect-). The Murdochville Prospect consists of approximately 5,500 contiguous acres prospective for aluminous clay and rare earths in the Gaspe Bay Region of Quebec, near Murdochville.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/24/12 — Habanero Resources Inc. ("Habanero" or the "Company") (TSX VENTURE: HAO)(PINKSHEETS: HBNRF)(FRANKFURT: HRJ) is pleased to provide the following exploration update with respect to Grand-Vallee North Aluminous Clay Prospect near Murdochville, Quebec:Phase one geologic mapping and soil sampling within the Grand-Vallee North Prospect is now complete. Exploration crews have collected 1,658 soil samples at 50 m intervals
TORONTO, ONTARIO — (Marketwire) — 08/23/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") announces that it has negotiated with Delta Uranium Inc. (TSX VENTURE: DUR.H) ("Delta") to purchase furniture, fixtures, electronic, mining exploration and computer equipment from Delta for the aggregate purchase price of $95,500 plus applicable sales taxes. The purchase price will be settled by way of an applicable reduction in the loan amount due an
TORONTO, ONTARIO — (Marketwire) — 08/23/12 — Delta Uranium Inc. (TSX VENTURE: DUR.H) ("Delta" or the "Company") announces that it has negotiated with Augustine Ventures Inc. (CNSX: WAW) ("Augustine") for Augustine to purchase furniture, fixtures, electronic, mining exploration and computer equipment from Delta for the aggregate purchase price of $95,500 plus applicable sales taxes. The purchase price will be settled by way of an applicable reduction in the loan
