Eagle Hill Extends Gold Mineralization to a Depth of 870 Meters With 15.34 g/t Gold Over 11.0 Meters at Windfall Lake
Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") (TSX VENTURE:EAG)(OTCQX:EHECF)(FRANKFURT:EH0) is pleased to announce assay results from its 2012 drill program at the Windfall Lake Gold Property in Northwestern Quebec (the "Property" or "Windfall Lake"). The new results include the deepest high grade wide gold mineralization discovered to date at Windfall Lake, below the Red Dog intrusion. These results were produced from a drill program designed to expand the size of the mineral resource estimate released on July 25, 2012 that already includes 1,665,000 tonnes at 10.05 g/t gold (538,000 ounces) in the indicated category and an inferred resource of 2,906,000 tonnes at 8.76 g/t gold (822,000 ounces).
Focus Graphite Releases Infill and Deposit Margin Drilling Results at Lac Knife Deposit : 42.8 m grading 20.43% Cgr in Hole LK-12-128
Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report the results of the summer 2012 infill and deposit margin drilling program on the Company's 100%-owned Lac Knife graphite Property (the "Property"), located in the Grenville Geological Province of northeastern Québec. Fifty-six (56) large diameter (PQ-sized) core holes (total: 5,638 m) were drilled with the aim to upgrade the current Inferred mineral resources in the southeastern part of the Lac Knife deposit to the Indicated category; to map the limits of the deposit; and to provide sufficient mineralised feed material for phase II lock cycle metallurgical testing and for the pilot plant testing program currently scheduled to commence this month.
Klondex Confirms Zone of Gold Mineralization South of Mineral Resource, Drills 6.7m of 33.7g/t Au Within a Larger Intercept of 13.0m of 16.6 g/t Au
Klondex Mines Ltd. (TSX: KDX) (OTCQX: KLNDF) reports drill hole FC12-029U intersected 0.48 opt (16.6 g/t) Au over 42.8 ft (13.0m) at its Fire Creek gold project in Nevada (Figure 1 click here). The diamond drill hole confirms gold mineralization in a "South Zone" near the mine portal, located 1300 ft south of the 5400 crosscut. The drill hole was part of a larger surface and underground drill program testing the continuity of the Joyce A1 and Vonnie B1 veins (formerly named the A and B veins, respectively) in the south portion of the Main Zone.
Carlisle Goldfields Announces Positive Drilling Results from its Farley Lake Mine Project, Including 35 Metres Grading 6.83 g/t Au TORONTO, ONTARIO--(Marketwire - March 27, 2013) - Carlisle Goldfields Limited ("Carlisle" or the "Company") (TSX:CGJ)(OTCQX:CGJCF) announces results from its 2012 drill program at its Farley Lake Mine Project, highlighted by drill hole FL12-25, which showed multiple high-grade intersections including 35 metres (m), from 345 to 380 m, grading 6.83 g/t Au (grams per tonne of gold). Exploration and drilling work at Farley Lake was completed in December 2012. An initial NI43-101 compliant resource estimate is expected in Q2 2013.
Northern Gold Intersects 23.5 g/t Au Over 4.1m at Jonpol Deposit
NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") is pleased to announce results from the first 13 diamond drill holes from its surface diamond drilling program on its wholly-owned Jonpol Deposit comprising a part of the Golden Bear Project, 100 km east of Timmins, Ontario. The 13 drill holes totaled 3,616.5 metres.
Drill assay highlights for the drill holes include:23.50 g/t Au over 4.1 m (237.9 to 242.0m) JP-12-04 7.25 g/t Au over 3.0 m (63.0 to 66.0m) JP-13-11 5.99 g/t Au over 3.5 m (163.5 to 167.0m) JP-13-23 5.67 g/t Au over 8.0 m (68.0 to 76.0m) JPGT-01
Fission Energy Corp.: PLS JV Hits 34m of 4.92% U3O8 in Upper Zone of PLS13-038 Including 12.5m at 12.38%
FISSION ENERGY CORP. Fission Energy Corp. ("Fission" or "the Company), and its 50% Joint Venture partner Alpha Minerals Inc., are pleased to report initial assay results from the ongoing winter drill program on its Patterson Lake South (PLS) Property. These assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone.
Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization:
Alpha Minerals Reports 34m of 4.92% U3O8, Including 12.5m at 12.38% U3O8 in Drill Hole PLS13-038, Patterson Lake South JV
Alpha Minerals Inc. ("Alpha" or "the Company") (TSX VENTURE:AMW)(FRANKFURT:E2GA), and its Joint Venture partner Fission Energy Corp. are pleased to report initial assay results from the ongoing winter drill program on its Patterson Lake South ("PLS") Property. These assay results are from drill hole PLS13-038, the first hole drilled on the R390E zone.
PLS13-038 is part of the R390E zone located 385m drill grid east of the Patterson Lake discovery hole PLS12-022 at the R000E zone (see news release February 9, 2013). Composited drill hole mineralized intersections for PLS13-038 returned two broad zones of uranium mineralization:
El Tigre Silver Drill Hole ET13-50 Intercepts 57.6 M of 17.83 g/t Ag and 0.68 g/t Au, Including 2.9 Meters of 220.4 g/t Silver and 5.54 g/t Gold
El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to report that the drilling program started on January 18, 2013 continues to move rapidly with 23 holes completed and the first assays returned with good results. El Tigre is drilling on concessions that are part of the Company's 431 square kilometer ownership in Sonora, Mexico.
El Tigre believes that the property hosts a classic Mexican caldera-related, epithermal low sulphide vein system that extends 5.3 kilometers along strike. The drilling program is focusing on the southern 1.2 kilometer zone that has potential for bulk mineable gold associated with the historic high grade silver-gold veins.
Graniz Graphite Discovery: 5% Over 209 Feet and 7.2% Over 163 Feet
- A Discovery 28 Miles from World Class Producer IMERYS TIMCAL - Changes on the Board of Directors
Graniz Mondal Inc. (TSX VENTURE:GRA.H) (the "Company" or "Graniz Graphite") is pleased to announce wide intercepts of graphite mineralization at the Brunet graphite deposit located 28 miles from North America''s only graphite producer IMERYS TIMCAL near Mont-Laurier. Dr Berthe Lambert, Chairman, comments: "The initial drilling results will add significant new tonnage to the Brunet large flake graphite deposit. The most interesting development is the discovery of a new graphite zone at the 100 metre level that was not identified in historical data. The drilling program should allow us to confirm that we are in front of a large flake graphite body similar to IMERYS TIMCAL''s deposit 28 miles west of our mine. Also, there is a breakthrough, graphene can be produced from large flake graphite".
Pilot Gold Drills 25.7 g/t Gold Over 16.5 Metres, Further Demonstrating High-Grade Continuity at KCD Target, TV Tower
Successful 2012 Drill Program Identifies and Expands Gold and Silver Mineralization
Pilot Gold Inc. (PLG.TO) ("Pilot Gold" or the "Company") is pleased to report encouraging results from the 15 remaining diamond core holes from its Phase 1 drilling program at TV Tower''s KCD target in northwestern Turkey. The holes are wide-spread across the property and targeted KCD''s gold and silver zones.
Infill drilling highlights include:25.7 g/t gold (Au), 47.2 g/t silver (Ag) and 2.12% copper (Cu) over 16.5 metres in KCD-102, including 142 g/t Au, 141 g/t Ag and 3.39% Cu over 2.0 metres
Lucara Recovers 239 Carat Diamond
Lucara Diamond Corp. (LUC.TO)(LUC.TO)(NASDAQ OMX First North:LUC) is very pleased to announce the recovery of a 239.2 carat diamond from its Karowe Mine in Botswana. In addition to the recovery of this exceptional gem, two more large stones weighing 124.0 carats and 71.1 carats have also been recovered.
The diamonds were recovered from the central kimberlite domain which has only recently become ore feed to the plant as the pit expands towards the south.
The diamonds will be sent to Antwerp to be studied prior to being sold later in the year.
Paramount Gold and Silver Reports Exceptional Intercept From Wood Zone at Sleeper Gold Project in Nevada
10.7m of 6.01 g/T gold and 95.3 g/T silver within 161.5m of 1.04 g/T gold and 13 g/T silver points to potential for substantial economic upside
Paramount Gold and Silver Corp. (NYSE MKT:PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") announced today that new core drilling on its 100%-owned Sleeper Gold Project in Nevada has intercepted exceptional gold and silver grades below the Wood Pit in the southwestern portion of the original Sleeper mining concession.
A recently completed Preliminary Economic Assessment (PEA) for Sleeper confirmed the potential for a highly profitable producer mining high volumes of low grade material.
True Gold Mining Inc.: Goulagou Drilling Intersects 3.75 g/t Gold Over 56.0 Metres
True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to report that large-diameter metallurgical core drilling at the Company's flagship Karma Gold Project ("Karma Project") in Burkina Faso has returned broad intersections of high-grade gold mineralization at the Goulagou I and Goulagou II deposits.
Significant drill hole intercepts returned include:3.75 g/t gold over 56.0 metres, in GLG-DD-12-112 4.43 g/t gold over 24.0 metres, in GLG-DD-12-109 2.53 g/t gold over 22.0 metres, in GLG-DD-12-107 2.22 g/t gold over 22.0 metres, in GLG-DD-12-114 2.65 g/t gold over 14.0 metres, in GLG-DD-12-110
Fire River Drills 5.35 Metres Grading 53.98 g/t Gold at Nixon Fork
Fire River Gold Corp. (TSXV: FAU), (OTCQX: FVGCF), (FSE: FWR) (the "Company" or "Fire River") is pleased to announce results from its November and December 2012 underground diamond drilling program (Figure 1 and 2) at its wholly owned Nixon Fork Gold Project in Alaska. Fire River completed 27 underground diamond drill holes totalling 1422 metres targeting the 3550 ore zone in the Crystal Mine. Drilling has delineated thick intervals of high-grade gold mineralization as well as substantial zones of very high grade gold.
Veris Gold Corp.'s Smith Mine Exploration Drill Program Returns 7.62 m of 45.94 g/t Au at Jerritt Canyon, Nevada
Veris Gold Corp. (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange: NG6A) is pleased to announce further assay results from its 2012 underground drilling program at the Jerritt Canyon gold operation in Nevada, USA. Jerritt Canyon is operated by Veris Gold USA, Inc., a wholly-owned subsidiary of Veris Gold Corp. ("VS" or the "Company").
This news release reports upon final assay results for the Zone 4 exploration drill program at the company's Smith underground mine.
African Gold Group, Inc. Northern Step Out Hole Intercepts 75 Meters of 1.92 g/t Au & 68 Meters of 0.96 g/t Au-Ends in Mineralization-Kobada, Mali
African Gold Group, Inc., (TSX VENTURE:AGG) ("AGG" or the "Company") is pleased to report the analytical results for 20 near surface (oxide), reverse circulation (RC) step out drill holes, from the Company's Kobada, Mali gold project.
Near Surface (Oxide) Drill Highlights From Northern Step Out RC Holes Include:KBRC12-010: 52 m @ 1.28 g/t Au, ended in mineralization KBRC12-012: 41 m @ 1.04 g/t Au, ended in mineralization KBRC12-013: 85 m @ 1.13 g/t Au KBRC12-014: 107 m @ 1.21 g/t Au, ended in mineralization KBRC12-015: 43 m @ 1.39 g/t Au, ended in mineralization KBRC12-016: 75 m @ 1.92 g/t Au & 68 m @ 0.96 g/t Au, ended in mineralization KBRC12-017: 109 m @ 0.81 g/t Au KBRC12-018: 56 m @ 1.21 g/t Au, ended in mineralization KBRC12-020: 146 m @ 1.13 g/t Au, ended in mineralization
Orezone Hits Higher Grades on New Targets and Satellite Deposits at Bombore
Highlights include 16 m @ 2.96 g/t, 18 m @ 2.36 g/t and 16 m @ 1.98 g/t
Orezone Gold Corporation (TSX:ORE) is pleased to announce additional positive results from an ongoing infill and expansion drill program at its wholly owned Bomboré Gold Project in Burkina Faso, West Africa. The recent drilling has expanded the southern P16 and the P17N deposits and with open ended mineralization, more expansion drilling is warranted. Additional core drilling completed on the P17S prospect confirmed the presence of several north-plunging mineralized zones with grades exceeding 2 g/t, which remain open to the north, including 18 m at a grade of 2.36 g/t on the northernmost section drilled to date.
TomaGold Hits Three High-Grade Gold Intersections at Monster Lake, Including 42 g/t Au Over 7.2 m at a Vertical Depth of 278 m
TomaGold Corporation (TSX VENTURE:LOT) ("TomaGold" or the "Company") and Quinto Real Capital Corporation ("Quinto") are pleased to announce the results of the three first holes of the 2,500-metre drilling program on the Monster Lake property, located 44 km southwest of Chibougamau, Quebec.
These first holes were drilled on Sections 1230E to 1265E of the 325 Zone, on the same 290° azimuth. The holes were drilled at dips of -50°, -60° and -70° to intersect the mineralized zone at vertical depths of 175 to 275 metres. AGATLabs of Mississauga, Ontario, reported the following results:
Gran Tierra Energy Announces Oil Discovery in Peru
Initial Results Indicate 99 feet of Gross Oil Column in Bretaña Norte Exploration Well in Peru; Moqueta-8 Tests 1,600 BOPD in Colombia
Gran Tierra Energy Inc. ("Gran Tierra Energy") (NYSE MKT: GTE) (GTE), a company focused on oil exploration and production in South America, today provided updates for its exploration drilling in Peru and appraisal drilling in Colombia.
"Initial drilling results from the Bretaña Norte 95-2-1XD exploration well in Peru indicate oil-saturated reservoir with a gross oil column of 99 feet that was encountered approximately 48 feet higher than oil discovered at Bretaña-1 approximately four kilometers away. Three cores encompassing 90 percent of the oil-bearing reservoir section were successfully acquired. Oil samples have also been acquired and are being analyzed which, with a testing program that is currently being designed to test reservoir productivity, will assist in determining the commerciality of the discovery.
Tintina Drills 23.66 Meters Grading 5.45% Copper on Its 100% Owned High Grade Black Butte Copper Project, Montana, USA
Tintina Resources Inc. ("Tintina" or the "Company") (TSX-VENTURE:TAU)(OTCQX:TINTF) is pleased to announce it has received assay results for fifteen (15) new drill holes from the company's flagship Black Butte Copper Project, located in central Montana, USA (see table 1). These in-fill drill holes completed in late 2012 in the Lowry Deposit Middle Zone together with earlier drilling results will form the basis for a new Lowry Deposit Middle Zone resource estimate, expected in Q2 of 2013.