Metals Creek Resources Corp. (the "Company") is pleased to report that the Company is preparing to submit to its Joint Venture partner Goldcorp a revision to its drill program on the Ogden Gold Project in Timmins Ontario.
Golden Valley Mines Ltd. ("Golden Valley" or the "Company") is pleased to announce that it has entered into an option agreement with BonTerra Resources Inc. ("BonTerra") with respect to Golden Valley's 100% owned Lac Barry Prospect located in the Abitibi Greenstone Belt.
Lake Shore Gold Corp.("Lake Shore Gold" or the "Company") today announced results of the Company's annual resource and reserve update for the Company's mines in Timmins, Ontario, including Timmins West and Bell Creek. Timmins West is located approximately 18 kilometres west of the centre of Timmins and includes the Timmins, Thunder Creek, and 144 Gap deposits. The Bell Creek Mine includes the Bell Creek Deposit and is located approximately 20 kilometres east of the centre of Timmins at the same location as the Company's milling facility.
Denison Mines Corp. ("Denison" or the "Company") is pleased to announce another high-grade uranium intersection near the Gryphon deposit on Denison's 60% owned Wheeler River property in northern Saskatchewan. Drill hole WR-641 intersected 3.9% eU3O8 over 9.2 metres, including 6.7% eU3O8 over 5.3 metres, approximately 160 metres to the northwest of the Gryphon deposit. Denison reports its initial exploration results as the radiometric equivalent uranium ("eU3O8") from a total gamma down-hole probe. All intersections will be sampled for chemical U3O8 assay.
Graphite One Resources Inc. ("Graphite One" or the "Company") is pleased to announce that it has commenced product development test work to produce carbon-coated spherical graphite from STAX graphite sourced from the Company's Graphite Creek deposit near Nome, Alaska.
Darnley Bay Resources Limited ("Darnley Bay" or the "Company") is pleased to announce that it has signed a non-binding letter of intent ("LOI") to acquire a 100% interest in a Molybdenum property, (the "Project") owned by Roda Holdings Inc. ("Roda") which is located near Smithers, B.C (the "Option").
True Gold Mining Inc. ("True Gold" or the "Company") is pleased to announce that it has started irrigating ore on the heap leach pad and is well advanced with commissioning the ADR plant. Mining is ahead of schedule with 600,000 tonnes stockpiled at above average reserve grade. The Karma Mine is on track for first gold pour around the end of March 2016.
Victoria Gold Corp. "Victoria" or the "Company" is pleased to announce the drilling contract for the 2016 Olive-Shamrock exploration program has been awarded to Kluane Drilling Ltd, Yukon. Kluane Drilling is a family owned and operated Yukon company with global operations. Drilling is expected to start mid-April with two drills, increasing to four in early May.
Beaufield Resources Inc. ("Beaufield") is pleased to announce that they have mobilized a diamond drill to its Urban property and a second contract has been awarded for another drill rig to be added to the area.
Ascot Resources is pleased to announce that it is planning a minimum 50,000 metre drill program in 2016, at its Premier gold property near Stewart, British Columbia. Work is expected to commence, weather permitting, in early April.
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