ALM.V Acquires Claims Contiguous With Agnico-Eagle's Las Bolas Property and Fresnillo's Orisyvo Discovery, Mexico

ALLIANCE MINING CORP. (TSX VENTURE:ALM) is pleased to announce that it has signed a binding Letter of Intent with a private Canadian company to acquire 22 mineral claims totaling nearly 50 square kilometres (4,872 hectares) primarily in the Uruachic district of northwestern Mexico. The land package puts Alliance in the heart of a prolific gold exploration area and includes the closest privately held claims, within four kilometres, to Fresnillo PLC''s important Orisyvo discovery (www.fresnilloplc.com). Fresnillo is the second-largest gold producer in Mexico and the world''s largest primary silver producer.

Freegold Announces 43-101 Resource Estimate for Golden Summit Project, Alaska

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to report the results of a NI 43-101 compliant Mineral Resource estimate recently completed on the Golden Summit Project located near Fairbanks, Alaska. The resource estimate was completed by Giroux Consultants Ltd. of Vancouver, BC, Canada. The indicated and inferred resource using a 0.3 and 0.35 gram/tonne (g/t) cut-off is:

Keegan Announces Further Strengthening of Technical Team as It Prepares for Development of the Esaase Gold Project

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

Highlights:

• Appointment of three additional highly experienced personnel compliments the recently announced recruitment of accomplished CEO and COO and the skilled team already in place at Keegan.
• New personnel have many years of project development and operational management experience in Africa.
• Appointments further de-risk the project as the Company proceeds with completion of engineering studies and progresses towards construction and operations.

  Published: 31 October 2012

  Written by Editor

  TSX   Mining   Project Updates   Up on News   Interesting News  

  Read more: Keegan Resources Inc ( KGN )

Marathon Gold Expands Area of New Tourmaline-rich QTP-Gold Veining over 3 km strike length at the Valentine East Area, Valentine Lake Project

Significant Channel and Grab Samples include:
    3.56 g/t Au over 12.11 meters including 28.10 g/t Au 0.98 and 7.09 g/t Ag over 1.0 meters in new trenching at Valentine East
    1.41 g/t Au over 1.86 meters in channel sampling and 24.04 g/t Au in outcrop grab samples from the newly discovered Valentine - NE area

Marathon Gold Corporation ("Marathon" or the "Company") (MOZ:TSX) today announced the discovery of a new area of tourmaline-rich QTP-gold veining in areas up to 1.5 km NE and SW of the historical Valentine East Zone (Figure 1). Channel samples from newly grubbed off outcrop returned 1.41 g/t Au over 1.86 meters and grab samples up to 24.04 g/t Au in the NE area (Plate 1).