VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — MARIFIL MINES LTD. (TSX VENTURE: MFM) ("Marifil" or "the Company") reports that re-sampling of trenches on its Cerro Samenta porphyry copper project, Salta Province, Argentina confirms the presence of strong copper mineralization. The encouraging results of this sampling are set out in Table 1 below:The trenches were originally dug by Teck Corp in the 1990s (see Marifil News Release dated November 30, 2011). The sam
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — Golden Goliath (TSX VENTURE: GNG)(PINKSHEETS: GGTH-F) is pleased to announce that exploration work on the Company-s wholly-owned Nopalera property is progressing very well. Surface work, including geology, geophysics and geochemistry is delineating targets for the first ever diamond drilling program on the property, to be undertaken as soon as drill target definition is complete.Nopalera is a large claim located on the east side of the
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — BCGold Corp. (TSX VENTURE: BCG)(PINKSHEETS: BCGOF) (or the "Company") is pleased to announce the discovery of a new, high-grade gold shoot ("505-3 Shoot") at the Engineer Mine Property. This discovery was made during the Company-s 2011 bulk sampling and test milling program conducted on remnant pillars of the Engineer Vein on 5 Level of the underground workings.New Exploration TargetOn February 27, 2012, BCGold Corp.
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — Geologix Explorations Inc. (TSX: GIX)(FRANKFURT: GF6)(BERLIN: GF6)(MUN: GF6)(STUT: GF6) ("Geologix", the "Company") is pleased to announce the acquisition of an option to earn a 100% interest in the La Carreta gold-copper-silver property in Michoacan State, Mexico. La Carreta property is located approximately 20 km north-east of the Company-s Tepal project. The concession covers 207 hectares (2.07 square km) and is
WELLINGTON, NEW ZEALAND — (Marketwire) — 02/29/12 — Glass Earth Gold Limited ("Glass Earth Gold" or "the Company") (TSX VENTURE: GEL)(NZAX: GEL) is pleased to announce a new and significant highgrade gold intercept from drilling in the "Central Zone" of the WKP gold-silver prospect.Simon Henderson, President and CEO of Glass Earth Gold, commented that "this new intercept is a highly encouraging display of WKP-s gold potential. We had already found a broad
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/29/12 — Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") is pleased to provide an update on the comprehensive metallurgical test work program for its Handeni project in Tanzania. This work will provide key input information to the upcoming Magambazi preliminary economic assessment, planned for completion by the end of the third quarter of 2012.G&T Metallurgical Services continue to execute the ongoin
Interim report published for first quarter of 2011/12 – Sales up 55 percent to 276 million – Ebitda margin improves to 8.9 percent – Growth in new orders to 391 million – 50 million investment program launched – Schuler confirms growth guidance for 2011/12
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/28/12 — New Pacific Metals Corp. (TSX: NUX) (the "Company") announces a correction to its press release dated February 28, 2012 in regards of the Memorandum of Understanding; the correct disclosure is 4.83 million tonnes of mineralized material instead of the originally stated 483 million tonnes.About New Pacific Metals Corp.New Pacific Metals Corp. is a Canadian near-term gold and silver production mining company engaged in the expl
MONTREAL, QUEBEC — (Marketwire) — 02/28/12 — DIOS EXPLORATION INC. (TSX VENTURE: DOS) reports that, following yearly Planning, an aggregate 995,000 incentive stock options was granted on February 28 under Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0.235 per share. Of these options, an aggregate 825,000 options was granted to the Company-s directors and officers. The options expire five (5) years from the date of grant, vest quarterly over an 18
Recent Drill Results Increase San Gregorio Zone Strike Length to over 1,000 Metres; Data Being Collected for Planned Resource Calculation