DRAPER, UT — (Marketwire) — 03/04/13 — Gold and Gemstone Mining Inc. (OTCQB: GGSM), an alluvial gold and diamond exploration and development stage mining company focused on Sierra Leone, West Africa, has signed a Joint Venture with Tell Mining Ltd and thereby is further expanding its business into West Africa.Charmaine King, GGSM-s CEO, today commented, "I-m delighted to announce that a Joint Venture agreement has been signed with Tell Mining Ltd. With this agreement GGSM will be able t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/04/13 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") is pleased to present the following:2012: WHAT WE DIDHaving met the challenges of 2012, the Company has set its goals for 2013. "With our shareholders- continued support, we are invigorated in our efforts to grow our asset base and increase shareholder value in a market that continues to present difficulties globally," said Robert E
ALBUQUERQUE, NM — (Marketwire) — 03/04/13 — Lone Star Gold, Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") announces that monies from the Company-s $15 million common-stock-purchase investment agreement with Deer Valley Management, LLC ("the Agreement") have been used to cover all of Lone Star-s operating costs. Lone Star is also now sending monies from the Agreement to Mexico via the Company-s consultant to fund the construction of the Company-s on-site proc
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/04/13 — Nikos Explorations Ltd. (TSX VENTURE: NIK) ("Nikos") is pleased to announce that a high-resolution VTEM (Versatile Time-Domain Electromagnetic System) airborne survey was recently completed by Geotech Ltd. over its Borden Lake Extension Property located near Chapleau Ontario.The VTEM and magnetic surveys were completed in order to identify electromagnetic anomalies that may be associated with gold mineralization and to help i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/04/13 — West Kirkland Mining Inc. (TSX VENTURE: WKM) (the "Company") is pleased to announce the appointment of Mr. Sandy McVey, P.Eng., as its Chief Operating Officer. Mr. McVey has over 30 years of experience in mine and construction management in Canada, the USA and Africa. He joined the Company in November 2012 as Manager, Projects, after completing the successful design, permitting and construction of an underground silver mine i
TORONTO, ONTARIO — (Marketwire) — 03/04/13 — New Klondike Exploration Ltd. (TSX VENTURE: NK) ("New Klondike" or the "Company") is pleased to announce that it has increased the size of the property that makes up the Company-s -Goldstorm Project- located in Northwestern Ontario. An additional 29 claims, consisting of 343 claim units, contiguous with the north-eastern boundary of the original property were acquired by staking. The Goldstorm Project now consists of 109 unpat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/04/13 — Orefinders Resources Inc. (TSX VENTURE: ORX) is pleased to report results from a further three holes from the recently completed Phase I diamond drilling program at the Mirado Gold project near Kirkland Lake, Ontario. Additional significant gold zones were intersected in all three holes being reported. Gold zones were intersected at or near surface, including 61.30m @ 1.46 g/t Au in hole MD13-06 and 46.10m @ 1.33 g/t Au in hole MD13-03
(All references are US$ unless otherwise indicated)
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/04/13 — San Marco Resources Inc. (TSX VENTURE: SMN) has granted two options to Exeter Resource Corporation (TSX: XRC; NYSE-MKT: XRA; Frankfurt: EXB) to acquire interests in each of the Company-s La Buena and Angeles properties in Mexico. Should Exeter earn fully into each option, total exploration funding by Exeter would be $15M for La Buena and $20M for Angeles, including $2.4M of committed expenditures and $250,000 cash payments primarily du
OAKVILLE, ON — (Marketwire) — 03/04/13 — Sarissa Resources Inc. (PINKSHEETS: SRSR) ("Sarissa"), through its wholly-owned subsidiary Nio-Star Corp. ("Nio-Star") is pleased to release this update on the previously announced Letter of Intent ("LOI") signed in the summer of 2012.At that time Nio-Star entered into an LOI to form a Joint Venture company (the "JV") with a Chinese State Owned Enterprise Company ("SOE") operating in the mining sector.