True Gold Mining Inc.: Goulagou Drilling Intersects 3.75 g/t Gold Over 56.0 Metres

True Gold Mining Inc. (TSX VENTURE:TGM) ("True Gold" or the "Company") is pleased to report that large-diameter metallurgical core drilling at the Company's flagship Karma Gold Project ("Karma Project") in Burkina Faso has returned broad intersections of high-grade gold mineralization at the Goulagou I and Goulagou II deposits.

Significant drill hole intercepts returned include:

Xtra-Gold Provides Exploration Update on Its Expanding Zone 5 Gold Corridor Where Seven Shear Zones Have Been Identified to Date

Xtra-Gold Resources Corp. ("Xtra-Gold" or the "Company") (XTG.TO) (XTGRF) is very pleased to announce channel sampling results from a new exposure of the Main Shear, in addition to initial channel sample results from 6 recently identified shear zones forming part of the Zone 5 Gold Corridor, on the Company's wholly-owned Kibi Gold Project, located in the Kibi -- Winneba greenstone belt (the "Kibi Gold Belt"), in Ghana, West Africa. Highlights of the channel sampling results and Zone 5 Gold Corridor expansion work reported today include:

Read more: Xtra-Gold Resources Corp ( XTG )

Hecla Mining Company Announces CAD$796 Million Agreement to Acquire Aurizon Mines Ltd.

Hecla Mining Company (NYSE:HL) (Hecla) (Company) is pleased to announce that it has entered into a definitive arrangement agreement (Arrangement Agreement) with Aurizon Mines Ltd. (ARZ.TO) (AZK) (Aurizon) pursuant to which Hecla will acquire all of the issued and outstanding common shares of Aurizon in a transaction with a total value of approximately CAD$796 million (the Transaction).

Under the terms of the Transaction, which is similar to a merger with a Hecla subsidiary under U.S. Law, Hecla will acquire all of the outstanding common shares of Aurizon for consideration valued at CAD$4.75 per share. Each holder of Aurizon common shares (Shareholder) may elect to receive either CAD$4.75 in cash (Cash Alternative) or 0.9953 of a Hecla share (Share Alternative), subject in each case to pro-ration based on a maximum cash consideration of CAD$513,631,193 and a maximum number of Hecla shares issued of 57,000,000.

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Cayden Resources Receives $7.88 Million and Provides Corporate Update

Cayden Resources Inc. (TSX VENTURE:CYD) ("Cayden" or the "Company") is pleased to announce that it has received the first payment of $7.88 million USD from Desarrollos Mineros San Luis, S.A. de C.V. ("DMSL") as a result of the previously announced sale of 2,492 hectares of non core landholdings of the Morelos Sur East concession.

The second and final payment of $7.88 million USD for the Morelos Sur East Concession will be paid upon the completion of the subdivision process which is anticipated for later in 2013.

Cayden's remaining 14,584 hectares of the concession includes the Las Calles target area which Cayden plans to divest, and the La Magnetita target where Cayden is currently in the middle of a 5,000 meter drill program.

Read more: Cayden Resources Inc ( CYD )

Veris Gold Corp.'s Smith Mine Exploration Drill Program Returns 7.62 m of 45.94 g/t Au at Jerritt Canyon, Nevada

Veris Gold Corp. (TSX: VG) (OTCQB: YNGFF) (Frankfurt Xetra Exchange: NG6A) is pleased to announce further assay results from its 2012 underground drilling program at the Jerritt Canyon gold operation in Nevada, USA.  Jerritt Canyon is operated by Veris Gold USA, Inc., a wholly-owned subsidiary of Veris Gold Corp. ("VS" or the "Company").

This news release reports upon final assay results for the Zone 4 exploration drill program at the company's Smith underground mine.

Read more: Veris Gold Corp ( VG )
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