Measured and Indicated 7.2 Million Tonnes-Inferred 3.6 Million Tonnes Mineralization Remains Open for Expansion at Depth and Along Strike
PERTH, AUSTRALIA — (Marketwire) — 01/17/13 — Mawson West Limited (TSX: MWE) ("Mawson West" or "the Company") announces the appointment of Mr Mark Di Silvio as the Company-s Chief Financial Officer effective February 1, 2013. Mr Di Silvio brings to Mawson West more than 20 years- experience working in CFO and senior finance roles for a number of resource companies with extensive exposure to Africa, as well as listings on exchanges in Canada, Australia and United Kingdom.
TORONTO, ONTARIO — (Marketwire) — 01/17/13 — Pele Mountain Resources Inc. (TSX VENTURE: GEM)(OTCQX: GOLDF) ("Pele" or the "Company") today announced initial results from the recent drill program at its Eco Ridge Mine Rare Earths and Uranium Project at Elliot Lake, Ontario. Pele has completed a positive Preliminary Economic Assessment ("PEA") for Eco Ridge that demonstrates its potential to become a profitable producer of rare earth oxides ("REO") and u
VAL-D-OR, QUEBEC — (Marketwire) — 01/17/13 — Cartier Resources Inc. (TSX VENTURE: ECR) ("Cartier") announces that a drill program is currently underway on the Benoist property.The drilling objective is to intersect, at a vertical depth between 400 m and 600 m, the extension of the Pusticamica gold deposit and the extensions of the new gold zone discovered in 2012 (see . The work, consisting of 6 drill holes totalling 4,200 m, will be completed in late March 2013.In 1993, Minnova ca
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/17/13 — Duncastle Gold Corp. ("Duncastle") (TSX VENTURE: DUN)(FRANKFURT: 5D3) reported today that it has signed a contract with Fugro Airborne Surveys to complete a 233 line-km helicopter-borne geophysical survey on its recently acquired Drayton gold project, located 10 kilometers south of Sioux Lookout and 70 kilometers east of Dryden in northwest Ontario.The Drayton project lies on an emerging high-grade gold trend and is on strike
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/17/13 — Homestake Resource Corporation (TSX VENTURE: HSR)(FRANKFURT: B6IH) reported today final assay results from 2012 Phase II drilling on the Homestake Ridge project, located in northwest British Columbia. Funding for the $1.8 million Phase II drilling program was provided by Agnico Eagle Mines Limited (Agnico-Eagle) under an option agreement to fund exploration and development costs of $25.3 million over a five year period to earn 65% inte
TORONTO, ONTARIO — (Marketwire) — 01/17/13 — Alexandria Minerals Corporation (TSX VENTURE: AZX)(FRANKFURT: A9D)(PINKSHEETS: ALXDF) is pleased to provide an update on its current drilling and exploration program on its Akasaba and Sleepy projects in Val d-Or, Quebec.The Company has stepped-up its drilling activities in order to take advantage of winter conditions, by running two drill rigs on the Akasaba Project and one rig on the Sleepy Project. The step-out programs are designed to enlarge
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/17/13 — Columbus Copper Corporation ("Columbus Copper") (TSX VENTURE: CCU) (formerly Empire Mining Corporation (TSX VENTURE: EPC)) is pleased to announce that it has discovered bedrock gold in a hand-dug trench and in two separate soil sampling grids completed at its 100% owned Kavaklitepe Gold Project in western Turkey.The mineralization discovered by Columbus Copper is a new discovery and consists of clay-gouge and sooty pyrite wit
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/17/13 — Huakan International Mining Inc. (TSX VENTURE: HK) (the "Company") is pleased to report results of a preliminary metallurgical testing program undertaken on bulk samples obtained from the Company-s J&L Project Main Zone deposit. The results provide further support to forward a process flowsheet to generate lead and zinc flotation concentrates, and produce gold/silver Dore, with additional precious metal credits provided f
Q4 Gold Production of 25,805 Ounces at El Castillo; 6,195 Ounces at La Colorada