Pretium Resources Inc.: Bulk Sample Surpasses Target of 4,000 Ounces of Gold; Processing Continues
Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report that 4,215 ounces of gold have been produced from 8,090 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program (the "Program"). Approximately 1,815 wet tonnes remain to be processed. The preliminary mill results to date are shown in Table 1 below.
Table 1: Preliminary Mill Results from Processing (at November 20, 2013)Tonnes Milled (Dry) Gold Ounces Gravity Concentrate Gold Ounces Flotation Concentrate Gold Ounces Tailings Total Contained Gold Ounces Total Contained Silver Ounces 8,090 2,542 1,588 85 4,215 3,593
Mart Resources, Inc.: UMU-11 Well Update- Initial Flow Test Results
- 3,650 barrels of oil per day ("bopd") stabilized flow rate achieved during cleanup from the XIIb sand. - 1,520 bopd stabilized flow rate achieved during cleanup operations from the XIIIb sand. - One more test remains to be done on the IX sand that has been perforated and completed in the UMU-11 well.
Mart Resources, Inc. (TSX VENTURE:MMT) ("Mart" or the "Company") and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to announce initial flow rate test results for the UMU-11 well.
North Arrow Announces Canada's Newest Diamond Discovery at the Pikoo Diamond Project, Saskatchewan
North Arrow Minerals Inc. (TSX VENTURE:NAR) ("North Arrow") is pleased to announce that high microdiamond counts, demonstrating the potential for a coarse diamond size distribution, have been returned from the PK150 kimberlite at Pikoo, a new kimberlite district located in central eastern Saskatchewan that was discovered by North Arrow earlier this year. Highlights of this announcement include:A 209.7 kg sample of drill core from the PK150 kimberlite has returned 745 diamonds larger than the 0.106 mm sieve size, including 23 diamonds larger than the 0.85 mm sieve size; Total weight of the +0.85 mm diamonds recovered from the sample is 0.2815 carats;
Pretium Resources Inc.: Bulk Sample Drill Program Concludes With Additional High-Grade Gold Intersected
Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report the results from the final drill fan completed as part of the Valley of the Kings Bulk Sample Program (the "Program"), and results from exploration drilling in other areas of the Valley of the Kings. Reported assays include 12 intersections grading greater than 1,000 grams per tonne gold uncut, two of which were intersected in the planned Program fan. (See Table 1 below for assays.)
Almaden Infill Drilling Confirms High-Grade Ixtaca North Zone, Hits 12.40 Meters of 3.52 G/T Au, 122.4 G/T Ag (6.0 G/T Aueq) at Ixtaca, Mexico
Almaden Minerals Ltd. ("Almaden" or "the Company") (AMM.TO) (NYSE MKT:AAU) is pleased to announce the results from Almaden's ongoing 2013 Ixtaca Zone drill program at the Company's 100% owned Tuligtic project, Mexico. Almaden has commenced an infill drilling program with three of the four rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. At the same time one drill rig is focussed on step out drilling to expand the resource. The holes announced today show the continuity of high-grade gold silver veining in the east-west Northern zone defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):
Brigus Drills 40.71 gpt Gold Over 26.75 Metres at Black Fox & Reports High Grade Drilling Results at Grey Fox
Brigus Gold Corp. ("Brigus" or the "Company") (NYSE:BRD.TO - News) (TSX:BRD.TO - News) is pleased to report the deepest intersection drilled to date at Black Fox. Hole GF 454-01-W intersected 40.71 grams per tonne gold over 26.75 metres, including 103.20 grams per tonne gold over 8.35 metres. This test hole was drilled from underground and intersected Black Fox mineralization at approximately 700 metres vertical from surface, extending the west zone by an additional 300m at depth. Recently the Company engaged in a limited drilling program to test the down dip extension of the Black Fox orebody. Orebodies in the region, along the Destor Porcupine Fault, often extend to depths of more than 1,000 metres. The Black Fox orebody remains open for expansion both laterally and at depth.
Questerre Energy Corporation (TSX: QEC): Fifth Liquids-Rich Montney Well Tests at Over 1,400 boe/d
Questerre Energy Corporation ("Questerre" or the "Company") (QEC.TO) (QEC.OL) is pleased to report on the test results from its fifth horizontal well at 05-23-63-6W6M (the "05-23 Well") in the Kakwa-Resthaven area of west central Alberta.
The 05-23 Well is approximately two miles west of the existing producing wells on its joint venture acreage and 70m to 100m deeper vertically. The well was successfully completed with a seven-stage slick water fracture stimulation in the 1400m horizontal section. The well was tested for a 170-hour period thereafter.
Rockhaven Announces BRX Zone Trench Grading 71.4 g/t Gold and 1,310 g/t Silver (97.60 g/t gold EQ) Over 2.25 m and Positive Metallurgical Results-Klaza Project, Yukon
Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce the final 2013 excavator trench assays and preliminary gravity and bulk sulphide flotation metallurgical results from the Western BRX Zone on its 100% owned Klaza gold-silver property, located in the Dawson Gold Belt of southwestern Yukon.
News Release Highlights:Excavator trenching has successfully identified high-grade gold and silver mineralization within the Western BRX Zone with new exposures returning: 87.0 g/t gold and 768 g/t silver (102.36 g/t gold EQ) over 1.15 m in TR-47
Rockhaven Resources Ltd. Discovers New Gold-Silver Zone Grading 28.2 g/t Gold and 359 g/t Silver (35.38 g/t Gold EQ) Over 1.20 m-Klaza Project, Yukon
Rockhaven Resources Ltd. (TSX VENTURE:RK) ("Rockhaven") is pleased to announce additional results from the 2013 exploration program at the eastern portion of its 100% owned Klaza gold-silver property, located in the Dawson Gold Belt of southwestern Yukon.
News Release Highlights:A new high-grade gold discovery made at the Pearl Zone in two widely spaced trenches that returned 28.2 g/t gold and 359 g/t silver (35.38 g/t gold EQ) over 1.20 m and 19.75 g/t gold and 148 g/t silver (22.71 g/t gold EQ) over 1.25 m; and,
Latest Drill Results at Newman Todd (Including 10.0 Meters Grading 7.43 g/t Gold) Continue to Expand Very Large Gold-Bearing System
Confederation Minerals Ltd. (TSX.V:CFM; OTCQX:CNRMF): ("Confederation" or the "Company") is pleased to announce assay results from the final four holes of the 2013 summer drilling program at their Newman Todd gold project in the Red Lake District, northern Ontario. Drilling has continued to focus on the approximately 2 km-long, gold-bearing structural-alteration zone known as the Newman Todd Structure (NTS). Confederation has the right to earn a 70% interest in the project from Redstar Gold Corp. (TSXV:RGC.V - News).
Colombian Mines Drills More High Grade Mineralization With Multiple Intercepts To 14.23 g/T Gold Equivalent Over 3.3 Meters, Extends Mineralization 100 Meters Down Dip With No Limits On Extension
Colombian Mines Corporation (TSX VENTURE:CMJ)(X6C.F) ("Colombian Mines" or the "Company") is pleased to report drilling has intersected mineralization grading to 14.23 g/T Au Eq. over 3.25 meters within broader zones of mineralization grading to 2.09 g/T Au Eq. over 45.8 meters in hole D13-07 at the Company's El Dovio project. Holes D13-06 and D13-08 also intersected similar mineralization as reported below. Importantly, this drilling confirms the down dip continuity and extension of high grade gold, silver, copper mineralization in the Sabana Blanca zone down dip at least 100 meters below outcrop and shows the mineralization remains open to extension both along strike and at depth.
Ascot Resources Intersects 10 Meters of 33.66 Grams Per Tonne Gold at Premier
Ascot Resources Ltd. (TSX VENTURE:AOT) -
Highlights of Release:Drilling continues to expand and confirm property potential for bulk tonnage and higher grade underground gold/silver targets. Results reported for first 26 holes of the 2013 drilling campaign. Drilling will continue with three drill rigs until the end of the season. Company receives $1,189,500 from the exercise of warrants.
Ascot Resources Ltd. (the "Company) is pleased to announce that wide zones of gold and silver mineralization continue to be encountered in all target areas of the Premier and Dilworth properties.
Ithaca Energy Inc. Stella Development Well - Successful Test Results
Ithaca Energy Inc. (TSX: IAE, LSE: IAE) ("Ithaca" or the "Company") announces completion of a highly successful flow test on the first development well drilled on the Stella field and provides a progress update on the Greater Stella Area development activities. Highlights - The first Stella field development well, "A1", flowed at a maximum rate of 10,835 barrels of oil equivalent per day ("boepd") on a 7/ 8-inch choke, with the full production potential of the well limited by the capacity of the well test equipment on the drilling rig. - Fluid samples have confirmed the high oil content of the hydrocarbons that will be produced from the well. The maximum rate of 10,835 boepd corresponds to 6,499 barrels of oil per day ("bopd") and 26 million standard cubic feet per day ("MMscf/d") of "liquids rich" gas.
Further Outstanding Drill Results from Alphamin's Bisie Tin Project, Democratic Republic of the Congo
HighlightsInfill resource drilling programme completed at Gecomines (28 holes for 3,701m) Significant assay results include 15m @ 7.94% Sn from 171m and 7.65m @ 9.4% Sn from 192m 14m @ 7.13% Sn from 121m, including 3.5m @ 26.54% Sn from 127m 17m @ 6.78% Sn from 185m, including 4.35m @ 18.62% Sn from 186m 28.5m @ 3.31% Sn from 91.5m, including 6m @ 5.02% Sn from 102.5m
Nevsun Reports 75 m of 1.7% Copper and 3.0% Zinc at Hambok
Nevsun Resources Ltd. (NSU.TO)(NYSE MKT:NSU) announces previously unreported assay results from drilling completed by the previous owner of the Mogoraib River exploration license that includes the Hambok mineral deposit.
HIGHLIGHTSDrilling confirms continuity of the massive sulphide body Hambok mineral deposit still open to the south, north and at depth Further mineral resource definition drilling underway Updated Mineral Resource estimate anticipated in early 2014 High potential exploration targets in immediate mineral deposit area
Aston Bay Reports 110 Meters of 2.45% Copper From Historic Drill Results at Storm Copper Project
Aston Bay Holdings Ltd. (TSX-V:BAY.V ) ("Aston Bay" or the "Company") today provided a summary of historical drill results and technical data at the 2200N and 2750N Zones from the Company's Storm Copper Project ("Storm Copper").
Highlights from the historic drilling include 49 metres (m) core length grading 1.79% copper (Cu) from surface at the 2200N Zone as well as 110m core length grading 2.45% Cu from surface and 56m core length grading 3.07% Cu from 12.2m at the 2750N Zone. The two zones are separated by 500m and are characterized by outcropping copper mineralization and a strong electromagnetic (EM) response.
Northern Gold Intersects 5.47 g/t Au OVER 17.3 m at Jonpol Deposit
NORTHERN GOLD MINING INC. (TSX VENTURE:NGM) ("Northern Gold" or the "Company") is pleased to announce results from 20 diamond drill holes from its surface diamond drilling program carried out on its wholly-owned Jonpol Deposit of the Golden Bear Project, 100 km east of Timmins, Ontario. The 20 drill holes totaled 5,984 metres.
Drill assay highlights for the drill holes include:47.02 g/t Au over 0.75 m (108.60 to 109.35m) GGT-01 6.37 g/t Au over 3.00 m (328.0 to 331.0m) JP-13-09 5.23 g/t Au over 5.40 m (129.8 to 135.2m) JP-13-27 5.47 g/t Au over 17.30 m (84.0 to 101.3m) JP-13-28
North American Nickel Inc.: Significant Near Solid to Solid Sulphide Mineralization Intersected
The Imiak Hill drilling program at Maniitsoq has intersected the most significant sulphide mineralization to date and remains open at depth
North American Nickel Inc. (TSX VENTURE:NAN)(WSCRF) (CUSIP:65704T 108) (the "Company") is pleased to announce that diamond drill hole MQ-13-026 intersected an 18.62 metre core length of sulphide mineralization averaging approximately 40 - 45% total sulphides, including numerous sections containing 65% to 80% sulphides, within noritic host rocks at the Imiak Hill nickel-copper-cobalt zone on the Maniitsoq project.(see MQ-13-026 table). This is the deepest of three sulphide intersections, all described in this release, that have been drilled at Imiak Hill in 2013. Drill core has been logged, samples sawed in half and shipped to ALS Chemex in Sweden for analysis. Assay results for all three holes are pending and further drilling is planned.
FieldPoint Petroleum Provides Update for Well #3 in Lea County, New Mexico
FieldPoint Petroleum Corporation (FPP) today provided an update on the production from its most recently completed well in Lea County, New Mexico.
FieldPoint's Executive Chairman, Roger Bryant, stated, "Our drilling partner, Cimarex Energy Co. (XEC), has provided us with a progress report on our newest well, the East Lusk Federal 15 #3, in Lea County, New Mexico. For the dates August 14 through August 20, the well averaged producing oil at 730 Bopd and natural gas at 569 Mcfpd. Needless to say, we are very pleased with the way this well is performing at this point. As we have done in the past, we will provide periodic updates on this well as it goes through this early stage production."
Ubiquiti Networks Reports Record Fourth Quarter Financial Results
Ubiquiti Networks, Inc. (UBNT) ("Ubiquiti"), a product-driven technology company for end-to-end networking solutions, today announced results for the fourth quarter ended June 30, 2013 and fiscal 2013.
Fourth Quarter Financial HighlightsRevenues of $101.2 million, an increase of 22% from the prior quarter, marking the third consecutive quarter of sequential double-digit revenue growth. GAAP net income was $28.8 million, an increase of 40% sequentially. Non-GAAP operating profitability of $34.3 million, an increase of 42% sequentially.