IDM Mining Ltd. ("IDM" or the "Company") reports that it has received its Section 11 Order for the Red Mountain Underground Gold Project (the "Project") from the British Columbia Environmental Assessment Office ("BC EAO"), setting out the scope, requirements, processes, and methods of the provincial environmental assessment ("EA"), as well as the public and Aboriginal consultation procedures.
MINES MANAGEMENT, INC. (the "Company") is pleased to report that Records of Decision (ROD) approving development of the Montanore Mine Project were issued by the U.S. Forest Service (USFS) and the Montana Department of Environmental Quality (MDEQ). The agencies' decisions approve the project defined in the preferred alternative as outlined in the Joint Final Environmental Impact Statement (EIS) previously announced on December 21, 2015, and provide a path forward for development of the project.
Skeena Resources Limited ("Skeena" or the "Company") has compiled historic work on high-grade gold-silver and bulk tonnage copper-gold exploration targets on its GJ property, acquired in October 2015. The GJ property totals 38,374 hectares and is adjacent to British Columbia Provincial Highway 37 and the new Iskut Extension powerline and Tatogga substation, which feed the nearby Red Chris mine of Imperial Metals. Several other roads and trails access portions of the GJ property.
Columbus Gold Corporation is pleased to announce drill results from its 100% owned Rattler Prospect, Red Hills Project located in eastern Nevada USA, and within the prolific Carlin Trend. Carnavale Resources Limited("Carnavale") has joint venture rights to earn up to 51% of the Red Hills Project from Columbus Gold by incurring $2 million in expenditures by August 2016. Carnavale can earn an additional 24% (totaling 75%) by incurring an additional $7 million over four further years.
Maya Gold & Silver Inc. ("Maya" or the "Corporation") is pleased to report production of 52,086 ounces (1620 Kg) during the month of January 2016 at its Zgounder silver mine in Morocco. This represents the second consecutive monthly production record at Zgounder, an increase of more than 9% from December's previous record output of 47,676 ounces.
Discovery Ventures Inc. is pleased to announce that it has received a technical report entitled Amended Preliminary Economic Assessment Technical Report on the Willa Property.
Revelo Resources Corp. informs that Kinross Minera Chile Limitada has elected to withdraw from the Option and Joint Venture Agreement signed in April 2014 relating to Revelo's Las Pampas Project in northern Chile.
Comstock Metals Ltd. is pleased to announce that its joint venture partner Golden Goliath Resources has confirmed that the Corona Gold-Silver Property in Mexico is one of seven mineral exploration properties in the Uruachic mining camp that have been optioned by Fresnillo PLC (See GNG December 7, 2015 News Release).
Robert Friedland, Executive Chairman of Ivanhoe Mines, and Lars-Eric Johansson, Chief Executive Officer, today announced the receipt of a new, independent, Mineral Resource estimate for the company's historic, high-grade, Kipushi zinc-copper-germanium-lead-silver mine. Kipushi is a joint venture between Ivanhoe Mines and Gécamines, the state-owned mining company.
Beaufield Resources Inc. ("Beaufield") is pleased to report results from prospecting, data evaluation and ground geophysics from its 100% owned Urban property, Quebec. The Urban property consists of three blocks of claims (Rouleau, Macho and Lac Kent) centrally located within the Urban-Barry greenstone belt.
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