VANCOUVER, BRITISH COLUMBIA--(Oct 20, 2016) - Serengeti Resources Inc. (TSX VENTURE:SIR)(34S.F) has identified a very strong induced polarization (IP) geophysical anomaly associated with a strong copper-zinc-gold soil geochemical response and favourable altered volcanic host rocks, on its 100% held UDS property located seven kilometers northeast of the former producing Kemess South open pit mine, now owned by Aurico Metals Inc. Kemess produced 3 million ounces of gold and 360,000 tonnes of copper between 1997 and 2011*. Serengeti views this newly identified target as having the size and intensity to host a significant sulphide system at relatively shallow depth. It remains open to the north for expansion and is a high priority for drill testing.

 

Serengeti completed a deep penetrating, reconnaissance IP geophysical survey along four widely spaced lines on the UDS property in September. Three of the lines covered valley bottom located along a major structure northeast of the Kemess South open pit and east of the Kemess Underground and Kemess East deposits. The area had previously been identified by Serengeti as highly prospective.

TORONTO, ONTARIO--(Oct. 20, 2016) -Darnley Bay Resources Limited ("Darnley Bay" or the "Company"), KSV Kofman Inc. ("KSV"), acting as court-appointed receiver of Tamerlane Ventures Inc. ("Tamerlane") and Pine Point Holding Corp. ("Pine Point"), have signed a binding letter of intent whereby the Company has agreed to purchase Tamerlane's Pine Point assets located 42 kilometers east of Hay River, N.W.T., subject to certain terms and conditions, including the execution of a definitive agreement (the "Transaction"). The former producing Pine Point assets contain 42 known zinc-lead deposits over a strike length of approximately 68 kilometres, 10 of which were subjected to an NI 43-101 technical report in 2014 prepared for Tamerlane (the "2014 Report").

 

Darnley Bay has agreed to pay an initial fee of $50,000 and issue 1,150,000 common shares to KSV for the option to purchase a 100% interest in the property under the following terms and conditions:

VANCOUVER , Oct. 17, 2016  - Nevsun Resources Ltd. (NSU) (NYSE MKT:NSU) (Nevsun and its subsidiaries are collectively referred to as "Nevsun" or the "Company") is pleased to announce new assay results from drilling of the Upper Zone at the Company's Timok copper-gold project ("Timok Project") which was part of the 2015 mineral resource up-grade program. 

 

HIGHLIGHTS

Drilling continues to confirm continuity and the high-grade nature of the Upper Zone

New massive and semi-massive sulphide intersections include:

TC150099:  248.0m @ 6.37% Cu, 3.19g/t Au, including 87.0m @ 11.95% Cu, 5.35g/t Au

TC150078:  300.0m @ 5.50% Cu, 3.32g/t Au, including 40.0m @ 18.83% Cu, 10.61g/t Au

TC150105:  220.0m @ 3.12% Cu, 3.83g/t Au, including 42.0m @ 11.11% Cu, 16.70g/t Au

TC150094:  188.0m @ 4.03% Cu, 4.24g/t Au, including 27.0m @ 12.21% Cu, 15.26g/t Au

VANCOUVER, Oct. 5, 2016  - Arizona Mining Inc. (TSX:AZ.TO - News) ("Arizona Mining" or the "Company") is pleased to announce the results of a further three (3) exploration drill holes from its current program targeting the expansion of the Taylor Zn-Pb-Ag sulfide deposit located on its 100% owned Hermosa Project in Santa Cruz County, Arizona. These and the other recently completed drill holes continue to expand and infill the maiden resource announced onFebruary 1, 2016  of 39.4 M inferred tonnes grading 11% zinc equivalent.