Probe Mines Sells Its Goldex Royalty Interest to Agnico-Eagles Mines for $18 Million

 
Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that it has sold its 5% Net Smelter Royalty (the "Royalty") on a portion of the Goldex Mine to Agnico-Eagle Mines Limited ("Agnico-Eagle") for total consideration of $18.0 million.

Under the terms of the Purchase Agreement (the "Agreement"), Agnico-Eagle will provide Probe with the following consideration for the acquisition of the Royalty:

Published: 23 November 2012
Written by Editor
TSX Venture   Mining   Project Updates   Down on News   Interesting News  
Read more: Probe Mines Limited ( PRB )

Roxgold Confirms Continuation of 55 Zone Down Plunge With Deepest High Grade Intercept to Date-18.2 Gpt Au Over 6.6 Meters, 500 Meters Below Surface

Roxgold Inc. (TSX VENTURE:ROG) ("Roxgold" or the "Company") is pleased to announce the initial results from the current step out drilling program at its 100% owned Yaramoko Concession in Burkina Faso. Today's results confirm the presence of high grade gold mineralization outside of the existing mineralized envelope and represents a significant step out from known mineralization down plunge within the 55 Zone.

Published: 22 November 2012
Written by Editor
TSX Venture   Mining   Drill Results   Up on News   Interesting News  
Read more: Roxgold Inc ( ROG )

Columbus Gold Drills 53 Metres of 4.37 gpt Gold at Paul Isnard, French Guiana; Completes Phase I Drill Program

Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold") is pleased to announce completion of its Phase I drill program and results of an additional thirty one diamond core holes, MO 12-74 to 98 and 100 to 105 totaling 10,873.65 metres, at its Paul Isnard gold project in French Guiana. The holes were laid-out to confirm and expand, internally, along strike and at depth, the Montagne d'Or gold deposit within which earlier widely spaced holes had outlined a 43-101 compliant inferred resource of 1.9 million ounces gold within 36 million tonnes grading 1.6 gpt gold.

Published: 22 November 2012
Written by Editor
TSX Venture   Mining   Drill Results   Up on News   Interesting News  
Read more: Columbus Gold Corporation ( CGT )

Monument Intercepts 3.84 g/t Gold over 51 metres in Selinsing Drilling

Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) "Monument" or the "Company" is pleased to report additional drill assay results from its ongoing drilling program at the producing Selinsing open pit gold mine in Pahang, Malaysia.

ASSAY HIGHLIGHTS

Keegan Resources Announces Land Swap for Small Scale Mining Reserve at Its Esaase Gold Project

Keegan Resources Inc. (TSX:KGN)(NYSE MKT:KGN)(NYSE Amex:KGN) -

Highlights:

  • Acquired 10.3 square kilometres of high priority exploration ground immediately on strike to the southwest of the Esaase main zone.
  • Company set to initiate extensive exploration plans for 2013 at Esaase.

Keegan Resources Inc. ("Keegan" or "Company") is pleased to announce that it has completed the acquisition of the Small Scale Mining Reserve located immediately on strike to the southwest of the Esaase main zone.

Published: 21 November 2012
Written by Editor
TSX   AMEX   Mining   Project Updates   Up on News   Interesting News  
Read more: Keegan Resources Inc ( KGN )
  1. Santacruz Silver Mining Ltd ( SCZ )
  2. SEMAFO ( SMF )
  3. Almaden Minerals Ltd ( AMM )
  4. Reliance Resources Ltd ( RI )
  5. Queenston Mining Inc ( QMI )