Pilot Gold Reports 2.33 g/t Gold Over 93.5 Metres in Step-Out Drilling at TV Tower

Drilling extends gold mineralization 40 metres to the southeast, reveals additional high-grade infill intercepts in north-central portion of the gold zone

Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to report additional results from seven diamond core holes from its ongoing drilling of TV Tower's KCD target in northwestern Turkey. In particular, step-out drilling in the southeast portion of the KCD target returned significant intervals of moderate to high-grade gold in three holes.

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Marathon Step-Out Hits 9.57 g/t (cut) Au over 6.30 m (TT) at Valentine Project

Marathon Gold Corporation ("Marathon" or the "Company") (MOZ:TSX) today announced further very positive results from deep drilling of the Main Zone at the Leprechaun Gold Deposit, Valentine Lake Project, Newfoundland (Figure 1).

To view Figure #1 please click on the following: Figure 1_PR.pdf (see link at bottom of release)

The drilling focused on targeting up to 100 meter down-dip extensions of high-grade Main Zone gold intercepts identified in earlier drilling by Marathon. These holes were drilled after the 2012 fall resource was estimated and were not included in that resource.

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IMPACT Silver Corp's Mirasol Prospect uncovers a cluster of new silver veins; intersections include 945 grams-per-tonne-silver over 1.8 meters

IMPACT Silver Corp. ("IMPACT" or "the Company") announces results from the second phase drill program on the recently discovered Mirasol Prospect, located 5.5 kilometers southeast of IMPACT'S 500-tonne-per-day (tpd) Guadalupe processing plant at the Royal Mines of Zacualpan Silver-Gold District in central Mexico. Higher grade silver values are now being encountered, as well as the discovery of several new veins. A highlight from this program includes drill hole Z12-79, which encountered seven distinct veins, all of which are now contributing potentially economic silver intersections. For the first time since the Company began its exploration drilling in 2006, the top of a new silver bearing vein has been discovered in the district with the expectation that the entire mineralized system is preserved at depth.

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Kilo Intersects Additional High Grade Targets at Kitenge: 3.75 M Grading 27.08 g/t Gold

Highlights

  • 3.75 metres grading 27.08 g/t Au
  • Depth below surface is only 125 metres
  • This intersection is 60 metres vertically below hole #21 (5.80 metres grading 42.24 g/t Au)
  • High grade zone at Kitenge now outlined over 700 metre strike length
  • Deepest intercept to date in the high grade zone is only 145 metre from surface
  • Kitenge target is now defined over 1,500 metre strike length, including the high grade zone
    Read more: Kilo Goldmines Ltd ( KGL )

Cline Mining retains financial advisor to assist in exploring strategic alternatives

Cline Mining Corporation ("Cline" or the "Company") (TSX:CMK) announces that it has retained GMP Securities L.P. ("GMP") as its exclusive financial advisor.  GMP's mandate includes assisting the Company in exploring and evaluating strategic alternatives to the recapitalization plan with Marret Asset Management Inc. ("Marret") previously described in the Company's press release dated December 27, 2012 (the "Marret Plan").  Under the terms of an agreement with Marret, on behalf of certain bondholders of the Company, the Marret Plan will be implemented unless, by February 28, 2013, Cline has received a non-binding letter of intent for a transaction that meets specified criteria and, among other things, such transaction closes by April 30, 2013.  With the assistance of GMP, the Company is in the process of soliciting proposals for possible alternative transactions with a view to maximizing value for the Company and its stakeholders.

Read more: Cline Mining Corporation ( CMK )