VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/26/12 — Salazar Resources Ltd. (TSX VENTURE: SRL)(FRANKFURT: CCG) is pleased to report results from an additional four holes (1,223 meters) from the ongoing diamond drill program on its 100% owned (30,327 ha) Curipamba volcanogenic massive sulphide (VMS) project in Ecuador. These holes represent new exploratory drilling and are not included in the new El Domo resource estimate was which was released on January 12, 2012. The four widely spaced
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/12 — ValGold Resources Ltd. ("ValGold") (TSX VENTURE: VAL)(FRANKFURT: VR2) announces the sale of 5,000,000 common shares of Northern Gold Mining Corp. ("NGM") to an arm-s length party pursuant to a block trade effected through the facilities of the TSX Venture Exchange."This sale of the Northern Gold shares is in keeping with our corporate strategy," commented Stephen Wilkinson, ValGold-s President and CEO. &qu
TORONTO, ONTARIO — (Marketwire) — 01/25/12 — Darnley Bay Resources (TSX VENTURE: DBL) In keeping with Darnley Bay-s stock option plan, officers and directors to Darnley Bay have been awarded a total of 2,200,000 options exercisable at $0.10 per share, expiring on January 24, 2017. As a result, 4,950,000 of a possible 10,518,465 options have been granted. The grant is subject to certain conditions, including regulatory approval.About Darnley Bay Resources Limited:Darnley Bay Resources Limite
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/12 — Mesa Exploration Corp. (TSX VENTURE: MSA)(PINKSHEETS: MSAJF) ("Mesa") is pleased to announce that a rotary drilling program will commence in two weeks at the 100% owned Moonshine Springs uranium project in northwestern Arizona. The drilling program will test for extensions of the known mineralized system, previous drilling by Mesa intercepted 7.5 feet of 0.21% U3O8 in hole M1 and 4 feet of 0.47% U3O8 in hole M2 in altered san
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/12 — Zone Resources Inc. (Zone) (TSX VENTURE: ZNR)(FRANKFURT: 7ZR) reports the results of diamond drill hole ZR11-07 on the company-s Moore-Ross Mountain property in the Labrador Trough of northern Quebec. The hole intersected an average of 32.54% Fe over 167.10 metres.Drill hole ZR11-07 was drilled vertically on coincident magnetic and gravity anomalies on the North Slope Zone on the Moore-Ross Mountain property. The hole was collared in m
TORONTO, ONTARIO — (Marketwire) — 01/25/12 — Treasury Metals Inc. ("Treasury Metals" or the "Company") (TSX: TML) has commenced a 20,000 metre core drilling program at its 100% owned Goliath Gold Project, located approximately 20 kilometres east of the City of Dryden, Ontario.The new exploration program has been designed to test a number of high-priority targets identified on the greater than 49 km2 project outside of the current mineral resource area. Initially, the pro
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/12 — Goldex Resources Corporation (TSX VENTURE: GDX) ("Goldex" or the "Company") is pleased to announce that drills have started turning at El Arco for the planned 4000m drill program.Goldex plans for a continuing 50 hole, 15,000m exploratory drill program at El Arco depending of results of the first phase 4000m RC program. The EL Arco property is located in the Mexican State of Durango which is host to a number of illus
LAS VEGAS, NEVADA — (Marketwire) — 01/25/12 — North Springs Resources Corp. (OTCBB: NSRS)(PINKSHEETS: NSRS) (the "Company" or "North Springs") is pleased to announce that drilling is expected to commence later today at the Company-s 20% owned Goldstar/One Arm Joe Gold Project (the "Goldstar Property" or "Goldstar") located near Wickenburg, Arizona. In an effort to document exploration progress at the property, the Company intends to record significant
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/25/12 — Ridgemont Iron Ore Corp. (TSX VENTURE: RDG)(OTCQX: RIOOF)(PINKSHEETS: RIOOF) ("Ridgemont") is pleased to announce the successful completion of its 2011 drilling program on the Redford Iron Ore Property located on Vancouver Island, British Columbia. The program consisted of 62 diamond drill holes, totaling 10,282 metres, as well as ground geophysical surveys and a field reconnaissance program. Results from this 2011 program ar
TORONTO, ONTARIO — (Marketwire) — 01/25/12 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that it has granted incentive stock options for the purchase of up to 1,500,000 common shares of the Company at a price of $0.53 for a five-year period to certain officers, management, and one director of the Company.About First BauxiteFirst Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(B
