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.
Troymet Exploration Corp. is pleased to update progress on its Wildcat gold-silver project in Juab County, Utah, where the Company has identified important drill targets in the highly prospective Core Target Area.
WestKam Gold Corp. ("WestKam" or the "Company") has identified a large new target area on the Company's Bonaparte Project located 50 kilometres northwest of Kamloops, British Columbia. The new zone, called Cooler Creek, has been identified and interpreted from gold intercepts and geological information obtained in the company's recently-completed drill program, combined with previous soil geochemistry and geophysical results.
Eurasian Minerals Inc. (the "Company" or "EMX") is pleased to announce it has been advised of the initial shipment of material for processing from the Balya lead-zinc-silver royalty property by owner and operator Dedeman Balya Kursun Cinko Isletmeleri A.S. EMX retains an uncapped 4% net smelter return royalty on the Balya property, which is located in the historic Balya mining district of northwestern Turkey. The Dedeman group (collectively "Dedeman") includes privately-held Turkish mining companies with active operations that produce lead, zinc, silver, and chromite.
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