True Gold Mining Inc. ("True Gold" or the "Company") (all dollar figures in US dollars) is pleased to provide an update for the Karma Gold Mine, including the stacking of ore on the leach pad.
Metals Creek Resources Corp. (the "Company") is pleased to report assay results for the remaining two holes from the three diamond drill holes that were completed before the Christmas break (see news release by the Company, December 8, 2015) on the Thomas Ogden Zone located on the Ogden Property in the Timmins Gold Camp, Ontario.
Great Lakes Graphite Inc. ("GLK" or the "Company") today announced that commissioning of the Matheson Micronization Facility located in Matheson, Ontario is now in progress. An electrical safety inspection was conducted this week on the recently completed work at the Matheson plant.
Melkior Resources Inc. ("Melkior") is pleased to announce that it has signed a Memorandum of Agreement to drill a minimum of 600 metres on its 100% owned Carscallen Township properties. Depending on availability of financing the program may be expanded. The initial program will be on the Big Marsh property.
Forum Uranium Corp. ("Forum") announces that Rio Tinto Canada Uranium Corporation ("RTCUC") has commenced a drill program with two diamond drill rigs at its 40% owned Henday property. Henday is strategically located north-east of the Denison/AREVA Midwest Lake deposit and RTCUC's Roughrider deposit and bordering AREVA/Denison's McClean Lake uranium mine and mill (see Figure 1).
Arena Minerals Inc. ("Arena" or "the Company") is pleased to provide an exploration update for the program operated by the Company as part of the Japan Oil Gas and Mineral Exploration Company ("JOGMEC") US$17.5 million joint venture agreement. A total of 14,900 metres of primarily reverse circulation ("RC") drilling has been completed in 88 drill holes, as part of the Phase 1 program that covers all of the areas under the JOGMEC agreement.
Pasinex Resources Limited (the "Company" or "Pasinex") today announced the completion of another lot sale of 1,556 tonnes wet weight (1,463 tonnes dry weight) of high grade zinc mineral material (at approximately 38% Zn) from the Pinargozu zinc mine in Adana province, Turkey.
Management of SIRIOS announces a new geological gold unit has been intersected in the Cheechoo property, Eeyoun Istchee James Bay. This unit was intersected in hole #40 at a depth of 296 m. It is an altered and mineralized biotite schist with 1 to 3% of pyrrhotite and arsenopyrite disseminated on total thickness of the 36 metres unit. (True thickness unknown).
TerraX Minerals Inc. has completed its planned drill program on the Mispickel Target on the Walsh Lake property, Yellowknife City Gold project ("YCG"). Drilling totaled 383 meters in 4 holes on two parallel sections approximately 50 meters apart.
Randgold Resources chief executive Mark Bristow today described 2015 as one of the best years in the company's history as it faced down the challenges surrounding the embattled gold mining industry to post performance improvements and advances on every front
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