Huakan International Mining Inc. (the "Company") is pleased to report results of a preliminary metallurgical testing program undertaken on bulk samples obtained from the Company's J&L Project Main Zone deposit. The results provide further support to forward a process flowsheet to generate lead and zinc flotation concentrates, and produce gold/silver Dore, with additional precious metal credits provided from the lead concentrate. The program follows a similar process concept, with some modifications for the Company's Preliminary Economic Assessment ("PEA") (see NR 12-04).
Homestake Resource Corporation ("Homestake") reported today that surface soil and rock sampling on the Kinskuch project has extended Ag-Pb-Zn mineralization south of Homestake's 2011 drilling by an additional 750 metres and expanding the overall Illiance River trend to more than 4.5 kilometres of strike length. In addition, a second sub-parallel trend of elevated Cu and Au anomalies has been identified to the west of the main trend, along a prominent geophysical conductivity anomaly.
Patriot Minefinders Inc. ("Patriot" or the "Company") is pleased to announce that the Company has executed a Letter of Intent ("LOI") with Bearing Resources Ltd. ("Bearing") whereby Patriot may earn up to a 75% interest in the 13,400 hectare Kilometer 66 ("KM 66", also known as Mapimi) silver-gold-lead-zinc property located in Durango, Mexico.
Green Swan Capital Corp. ("Green Swan") announces that Phase 1 diamond drilling has commenced on its Geneva Lake Property (the "Property"). This phase will consist of roughly 900 metres of drilling, possibly followed by a downhole geophysical survey on some of the holes.
Kiska Metals Corporation ("Kiska" or "the Company") (TSX VENTURE:KSK) reports that partner Brixton Metals Corporation has commenced the second phase of its 2012 drilling program at the Thorn Property in northwestern British Columbia. This work follows up recent drilling at the Oban Breccia Zone (see news release dated September 4, 2012). Highlights of that program include:
Tinka Resources Limited, announces that further exploration has commenced on the Chaucha zone located about 1.2 km northeast of the Colquipucro silver resource.
Xstrata Zinc announced that it has started ore production, which is well ahead of the actual scheduled date, at the Lady Loretta mine located in Northwest Queensland, Australia. Initial delivery of lead-silver-zinc ore will happen shortly.
Andover Mining has discovered a new second huge sulfide system, which is rich in copper, gold, lead, silver and zinc, at the SUN District. This district is located in the Ambler Mineral Belt, Northwest Alaska.
Excellon Resources declared that the exploration drill program has been resumed at the La Platosa. Currently, three diamond drill rigs are operating at Rincon del Caido, which lies 1.1 km towards the northwestern part of the La Platosa mine.
Galaxy Graphite declared that a Phase 1 exploration campaign has been successfully completed on the Laurier Graphite Project located in Ontario, Canada. The program has confirmed the reports obtained from the prior work on the property, which shows the existence of a high-grade graphite zone, grading up to 22% graphite.
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