TORONTO, ONTARIO — (Marketwired) — 08/15/13 — Kilo Goldmines Ltd. ( "KGL" or the "Company") (TSX VENTURE: KGL) (FRANKFURT: 02K) is pleased to announce that on August 6th, the Company completed its planned 2013 drilling programme on the Somituri Project-s Imbo Licence.Highlights of the Company-s 2013 programme on the Somituri Project are summarised below:The 2013 exploration programme focused on resource definition drilling on the Kitenge/Senegal and Manzako Prospects with
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/15/13 — Silver Bull Resources, Inc. (TSX: SVB)(NYSE MKT: SVBL) ("Silver Bull") is pleased to announce the results of underground channel samples targeting the north, east, and western extensions to the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.Channel sample highlights include:The channel samples mentioned in this news release target the extension of the high grade mineralization previously define
Cash Flow from Operations of $5.58 million ($0.05 per share) Net Earnings $2.87 million ($0.03 per share)
Wood Mackenzie Completes Positive Project Benchmarking Study
TORONTO, ONTARIO — (Marketwired) — 08/15/13 — QMX GOLD CORPORATION (TSX: QMX)("QMX Gold" or the "Company") sold 5,366 ounces of gold at an average price of $1,456 generating revenue of $7.38 million in the second quarter of 2013. All figures are reported in Canadian dollars, unless noted otherwise.Q2 Financial Summary:Second Quarter Results From OperationsIn the second quarter of 2013, the Aurbel Mill processed 39,667 tonnes of ore with a head grade of 4.42 g/t Au and th
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/15/13 — Alto Ventures Ltd. (TSX VENTURE: ATV) is pleased to announce gold values of up to 37.2 g/t from grab samples collected during the reconnaissance sampling program completed in June, 2013 on its Oxford Lake property in Manitoba. The Oxford Lake property hosts the historical Rusty Gold deposit and several other gold occurrences. The property covers approximately 35,300 ha and is 100% owned by the Company.Alto has completed a reconnaissan
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/15/13 — CARIBOU KING RESOURCES LTD. ("Caribou" or the "Company") (TSX VENTURE: CKR)(FRANKFURT: CB8) announces that it has acquired the Pito graphite property, with a historic drill intercept of 90% graphite over eighteen meters. In the late 1970s Shell Canada Resources Ltd. drilled a north-directed hole at 60 degrees inclination that intercepted graphitic schist from 107.9-126.58 meters. As reported in the drill log, graph
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/15/13 — Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR)(OTCQX: BALMF) is pleased to announce that it has received final approval for the listing of the Company-s common shares on the Toronto Stock Exchange (the "TSX").Balmoral-s common shares will commence trading on the TSX effective as of the open of the market on Friday, August 16th, 2013. Upon listing on the TSX, the common shares of
THUNDER BAY, ONTARIO — (Marketwired) — 08/15/13 — Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has staked 16 claim units approximately 25 km east of Zenyatta Ventures Ltd.-s new hydrothermal graphite discovery. Zenyatta describes the mineralization as the "largest and only high-purity hydrothermal graphite deposit being developed in the world." Benton staked the ground based on a search and evaluation of hi
TORONTO, ONTARIO — (Marketwired) — 08/15/13 — Pinetree Capital Ltd. (TSX: PNP), announces that as at July 31, 2013, Pinetree-s unaudited net asset value per share ("NAV") was $0.79.NAV is calculated as at a particular date and is, by its nature, historical, and may not be reflective of Pinetree-s future performance.Pinetree discloses an unaudited monthly NAV within 15 days after the month-end. The latest month-end NAV and more details about Pinetree and its investments can be found