VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — San Marco Resources Inc. ("San Marco" or "the Company") (TSX VENTURE: SMN) is pleased to announce the results of the first 7 drill holes of the Company-s maiden exploration drill campaign, at the Angeles property in northern Sonora state, Mexico.Exploration at Angeles commenced during the summer of 2012, and resulted in discovery of the mineralized Angeles fault structure over approximately 3,000 metres of strike l
Llama holes 13GSE300 returns 15.20 g/t Au over 20.90m including 22.70 g/t Au over 13.5m and 13GSE292 returns 19.86 g/t Au over 16.65m including 35.39 g/t Au over 9.50m in the proposed pit All weather air strip completed and operational
VAL-D-OR, QUEBEC — (Marketwired) — 05/23/13 — Cartier Resources Inc. (TSX VENTURE: ECR) ("Cartier") announces the execution of a purchase agreement with Murgor Resources Inc. ("Murgor") to acquire a 100% interest in the Benoist property consisting of 98 mining claims. The Benoist project is the host of the Pusticamica gold deposit and is located 65 km northeast of the town of Lebel-sur-Quevillon in the province of Quebec.Under the purchase agreement dated May 22, 2012, w
MONTREAL, QUEBEC — (Marketwired) — 05/23/13 — Editors Note: There is an image associated with this press release.Uragold Bay Resources Inc. ("Uragold") (TSX VENTURE: UBR), is pleased to announce preliminary results of geophysical surveys completed this last winter by INRS (Institut National de la Recherche Scientifique).The surveys completed included Geoelectrical Tomography and Induced Polarization (IP) on 11 cross sections at 100 metre intervals over the historical placer gold ch
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Golden Reign Resources Ltd. (the "Company" or "Golden Reign")(TSX VENTURE: GRR), is pleased to announce that it has received an overwhelming response to the non-brokered private placement unit offering announced yesterday, May 22, 2013. As a result, the private placement has been oversubscribed and the Company is not accepting any further subscriptions. A final tally is being completed and will be announced as soon
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Southern Silver Exploration Corp. (TSX VENTURE: SSV)(FRANKFURT: SEG) ("Southern Silver") reports today that it has executed an amending agreement with the Optionor of the Cerro Las Minitas property in Durango Mexico to reduce the option payment due on May 18, 2013 from $1 million to $250,000 and to extend the balance of the purchase price of $1.75 million to be paid periodically with the last payment due in March 2015.Freepo
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Pacific Imperial Mines Inc. ("the Company") (TSX VENTURE: PPM.H) is pleased to announce that the Company will be undertaking a diamond drilling program on its Marcionilio Nickel-Copper Property in Bahia State, Brazil.The property is located within excellent infrastructure; a paved road and railway cross the property and a town with basic services is located within 3 kilometers of the prospect.The property was acquired throug
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — NGEx Resources Inc. ("NGEx" or the "Company") (TSX: NGQ) is pleased to announce complete results from the 2012/2013 exploration program at the Filo del Sol project located in San Juan province, Argentina. The results of this season-s drilling expand the previously identified high grade copper zone at Filo del Sol and extend the broader zone of disseminated copper, gold, silver mineralization that surrounds the high
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Medgold Resources Corp. (TSX VENTURE: MED), the European focused gold exploration company, is pleased to report excellent first-pass sampling results from recent work at its wholly-owned Vila de Rei gold project in central Portugal. The project covers 40 line km of a regional structure which is known to contain multiple gold-bearing zones.Preliminary exploration at the Pampilhal prospect has outlined highly anomalous gold mineralisati
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/23/13 — Belvedere Resources Ltd. (TSX VENTURE: BEL) ("Belvedere") announces that in response to continuing low nickel prices, it is suspending mining operations at the Hitura Nickel Mine. Further to the January 28th News Release, when the Company started co-operation consultation with employee representatives, the Company has now initiated a 2 week notice period for the commencement of temporary lay-offs of up to 60 of the 69 person
