MONTREAL, QUEBEC — (Marketwired) — 10/07/13 — Richmont Mines Inc. (TSX: RIC)(NYSE MKT: RIC) ("Richmont" or the "Corporation"), announces an updated inferred mineral resource estimate of 2.3 million tonnes grading 10.53 g/t for 771,000 ounces of gold for the Island Gold Deep Project at its operating Island Gold Mine near Wawa, Ontario. It has also come to management-s attention that a portion of the Island Gold Deep Project-s current estimated inferred resource base lies w
BOCA RATON, FL — (Marketwired) — 10/07/13 — Andes Gold Corporation (PINKSHEETS: AGCZ), a gold mining and milling company with operations in Ecuador and Peru, has begun the start up process of another mill in Ecuador. This mill has a flotation system which will increase the production capacity of the mill to 100 tons of ore per day. This mill is designed to produce copper as well as gold. It is one of the few mills in the area that can process copper. The majority of ore processed will be und
TORONTO, ONTARIO — (Marketwired) — 10/07/13 — Asian Mineral Resources Limited ("AMR") (TSX VENTURE: ASN) has today issued common shares (the "Shares") to certain of its directors as compensation for directors- fees in lieu of cash payment for services performed during the third quarter of 2013. The Shares were issued pursuant to the terms of share compensation agreements with each of Jan Castro, Michael Brown and Stephen Gill as previously announced in press releases dat
TORONTO, ONTARIO — (Marketwired) — 10/07/13 — Forsys Metals Corp ("Forsys" or the "Company") (TSX: FSY)(FRANKFURT: F2T)(NAMIBIAN: FSY) is pleased to announce it has completed an updated Mineral Resource estimate for its 100% owned Norasa Uranium Project ("Norasa") located in Namibia. Norasa represents a consolidation of the Company-s deposits, including Valencia main and satellite pits and Namibplaas. The updated resource estimate is based on an extensive drill
– Project is 50 km South of DeBeers- Jwaneng Mine in Botswana, the World-s Richest Diamond Mine By Value – First Kimberlite Target Covers an Area Two Times the Size of DeBeers- Jwaneng Mine at Discovery in 1972 – Trace Element Chemistry is Similar to Diamondiferous Kimberlites in the Jwaneng Kimberlite Field
TORONTO, ONTARIO — (Marketwired) — 10/07/13 — COASTAL GOLD CORP. (TSX VENTURE: COD)(OTCQX: COGGF)(FRANKFURT: CY41) (the "Company") announces further results from the 2013 resource definition diamond drill program at its 100% owned Hope Brook Gold Project in southwestern Newfoundland. To date, 3,698 metres of drilling in 23 holes have been completed to test the "Footwall Target" (6 holes – see press releases dated September 16, 2013 and September 25, 2013) and the "S
SASKATOON, SK — (Marketwired) — 10/07/13 — Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE: GWG) (OTCQX: GWMGF), a leader in the manufacture and supply of rare earth-based metal alloys and high purity metals with a low cost, high-grade critical rare earth asset, provided an update on metallurgical advances on the Steenkampskraal ("SKK") rare earth project.Company President and CEO Marc LeVier stated, "We continue to make significant
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/07/13 — Luna Gold Corp. (TSX: LGC)(OTCQX: LGCUF)(LMA: LGC) ("Luna" or the "Company") releases production results for the third quarter 2013 ("3Q13") at its Aurizona Gold Mine.Production for 3Q13 was 21,000 ounces of gold.(1)(1) Production statistics are unaudited and may be subject to change.(2) Gold produced represents physical gold output from the processing plant. The variance between gold produced and the the
arvato Systems appearing at the IFRA
KELOWNA, BRITISH COLUMBIA — (Marketwired) — 10/07/13 — FISSION URANIUM CORP. (TSX VENTURE: FCU)(OTCQX: FCUUF)(FRANKFURT: 2FU) ("Fission" or "the Company") the Operator, and its Joint Venture partner Alpha Minerals Inc. are pleased to announce an eleven hole, 3,700m ($2.25M) expansion of the ongoing summer program, bringing the expected total drilling to 14,700m. The additional drill meters will be used to test highly prospective land-based targets to the west of the PLS
