San Marco Resources Inc. ("San Marco" or "the Company") has signed a two year option agreement with Argonaut Gold Inc. ("Argonaut") of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico.
Sphinx Resources Ltd. ("Sphinx" or the "Corporation") announces the execution of a new option agreement with Midland Exploration Inc. ("Midland") for its Adam project, currently wholly owned by Midland and consisting of 182 cells covering a surface area of about 100 km2 located approximately 50 km west of the town of Matagami in the Abitibi region of Quebec.
Red Pine Exploration Inc. ("Red Pine" or the "Company") announces that it has staked an additional 32 claims totaling 1,872 hectares adjacent to the Kipawa Silica Property (the "Kipawa Property") located approximately 15 kilometers east of Temiscaming, Québec.
NioCorp Developments Ltd. ("NioCorp" or the "Company") is pleased to announce that it has entered into an offtake agreement ("Agreement") with ThyssenKrupp Metallurgical Products GmbH whereby ThyssenKrupp Metallurgical Products will purchase approximately 3,750 metric tons or roughly fifty percent (50%) of NioCorp's planned Ferro-Niobium production from its Elk Creek deposit for an initial ten year term, with an option to extend beyond that time-frame.
Lara Exploration Ltd., ("Lara" or the "Company") is pleased to report that it has signed a Letter of Intent ("LOI") with Goldplata Mining International Corporation ("Goldplata"), to consolidate their respective interests in the Condoroma and Murindo copper porphyry projects and potentially add other porphyry prospects, into a new company with a mandate to explore and develop world-class copper porphyry projects in Peru, Colombia and other South American countries.
Trecora Resources a leading provider of high purity specialty chemicals and waxes, and a 35% minority owner of Al Masane Al Kobra Mining Co. ("AMAK"), provided an update on several key initiatives undertaken to enhance the production and operations at AMAK.
Guyana Goldfields Inc. ("GGI") is pleased to announce the arrival of the semi-autogenous grind ("SAG") mill shells to its Aurora Gold Project ("Aurora") presently under construction in Guyana, South America.
Golconda Resources Ltd. (the "Corporation" or "Golconda") announces that it has entered into a definitive purchase and sale agreement (the "PSA") with Kasten Energy Inc., a Calgary-based private oil and gas company ("Kasten"), that provides for the sale of the Corporation's interest in the joint venture agreement among the Corporation, Kasten and Tri-Rez Ebay Energy Ltd. (the "JVA") with respect to oil and gas exploration and development on approximately 1,600 acres of lands in the Cold Lake area in northeast Alberta (the "Asset Sale Transaction").
Samco Gold Limited ("Samco Gold" or the "Company") announces that it has entered into a share purchase agreement (the "SPA") with Mantaro Resources Limited ("Mantaro") for the acquisition of all the issued and outstanding shares of Samco Minerals S.A. and Cia Dorita MA S.A.C., Mantaro's wholly-owned Peruvian subsidiaries (collectively the "Mantaro Subsidiaries").
Searchlight Minerals Corp. ("Searchlight" or the "Company") today announced the confirmation of recovered gold metal-in-hand at an average of 0.38 ounces per ton ("opt") from slag material from its Clarkdale Slag Project via multiple pilot-scale tests, resulting in an average recovery of 84%.
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