Santacruz Silver Intersects 2549 g/t Ag eq. Over 2.75 m at Gavilanes

Santacruz Silver Mining Ltd. (TSX VENTURE:SCZ) ("Santacruz" or the "Company") is pleased to report results from the first 7 holes of an ongoing 6,000 meter diamond drill program at its 100% owned Gavilanes Silver project in Durango, Mexico. This first drill program is designed to test three of seven known silver-bearing veins and a stockwork area within the 7,347 hectare property (see attached map which is also posted on the company's website).

Drill results reported herein are from the Guadelupe-Soledad-AranzazĂș (GSA) and San Nicholas veins. Both can be can be traced for approximately 1000 m and 900 m respectively along strike and vary between 0.5 - 10.0 m in width. Additionally, two holes intersected a high grade stockwork area (El Hundido).

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SEMAFO Confirms Continuity of the High Grade Siou Zone: Including Values of Up to 19.22 g/t Au (23.05 g/t Au Uncut) Over 4 Meters

 
SEMAFO (TSX:SMF)(OMX:SMF) today announced follow-up drilling results from its high-grade Siou zone located approximately 15 kilometers east of the Mana mill. The central 700 meters of the zone demonstrate ongoing good continuity of the high-grade quartz vein zone with local swelling ranging up to 10 meters wide (e.g. hole MRC12-2161: 5.58 g/t Au across 10 meters). In addition, other associated structures not presented in the table below have returned grades higher than previously obtained similar to the main Siou zone. For example, hole MRC12-2376 returned 10.85 g/t Au across 3 meters (11.88 g/t Au uncut) at a depth of 137 meters.
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Almaden Completes Drilling for Maiden Resource, Hits 18.00 Meters of 6.6 g/t AuEq (6.36 g/t Au, 14.0 g/t Ag) on Northeast Extension

 Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM)(NYSE Amex:AAU)(NYSE MKT:AAU) is pleased to announce final drill results to be included in the Company's maiden resource estimate. With the results today 225 holes accounting for 81,971.03 meters of drilling, all drilled since the discovery was made in 2010, will form the basis of the resource estimate. The exploration drilling program at Ixtaca is on-going. The results reported today demonstrate the continuity of the known mineralisation as well as the presence of high grades locally. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

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Reliance Resources Ltd. - Drilling update: 24.9 metres at 2.8 g/t Au intersected at Tanoyan Gold Project, Sulawesi, Indonesia

  • Significant intersection in drill hole TND105: North Sondana Vein
    • 24.9 metres at 2.8 g/t Au from 95 metres
    • Including 3.4 metres at 7.0 g/t Au from 104.3 metres
    • Continues to confirm consistency of higher-grade zone
  • Additional Phase 2 drilling of 9 holes and 1,271 metres completed
  • Phase 2, 10,000 metre drilling program designed to increase the 208,000 ounce gold 43-101 mineral resource estimate continues with 2 diamond drills
  • Feasibility, Social and Environmental Impact Studies commenced
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Osisko Announces Friendly Acquisition of Queenston

Osisko Mining Corporation ("Osisko") (OSK.TO)(EWX.F) and Queenston Mining Inc. ("Queenston") (QMI.TO)(QNMNF) are pleased to announce that they have entered into a definitive agreement (the "Agreement") pursuant to which Osisko will acquire, by way of a court-approved plan of arrangement, all of the issued and outstanding common shares of Queenston. Queenston is a Canadian mineral exploration and development company with a primary focus on its holdings in the historic Kirkland Lake gold camp comprising 230km2 of prime exploration lands on trend with Osisko''s flagship Canadian Malartic mine. 

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