Keegan Provides Revised Resource Estimate For Esaase Gold Project

Keegan Resources Inc. (TSX:KGN)(NYSE MKT:KGN)(NYSE Amex:KGN) ("Keegan" or the "Company") is pleased to announce the results of a revised mineral resource estimate for its Esaase gold project in Ghana, West Africa. The resource estimate is based upon approximately 200,000 metres of RC drilling and 78,000 metres of diamond drilling carried out over the past five years at Esaase. The revised Esaase mineral resource estimate consists of:

Alexco Expands Flame & Moth Deposit: Reports Grades Up to 71 Ounces per Ton Silver Over 2.9 Meters, Mineralized Intervals to 7.4 Meters Grading 25.7 Ounces per Ton Silver, and Accompanying Gold

Alexco Resource Corp. (AXR.TO)(NYSE MKT:AXU) today announced successful preliminary results from the initial 2012 shallow drilling campaign at its Flame & Moth deposit. Flame & Moth currently contains an Indicated resource of 11.054 million ounces of silver and an Inferred resource of 3.882 million ounces of silver (see news release dated June 28, 2012 entitled "Alexco Announces Initial Resource Estimates for Flame & Moth and Bermingham"). The drilling campaign, comprising 23 drill holes, has extended silver mineralization approximately 100 meters up dip to the shallow subsurface immediately adjacent to Alexco''s milling complex within the Keno Hill Silver District in Canada''s Yukon Territory.

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Dalradian Resources Intersects 2.34 m Grading 47.94 g/t Au and 3.97 m Grading 38 g/t Au and 4 m Grading 7.38 g/t Au at the Curraghinalt Gold Deposit

Dalradian Resources Inc. ("Dalradian" or the "Company") (TSX:DNA)(OTCQX:DRLDF) has received final assays from holes 12-CT-156 and 12-CT-157 at the Company's wholly owned Curraghinalt gold deposit in Northern Ireland. The holes demonstrate that both the main resource veins remain open at depth and that there exists a series of gold bearing cross-cutting structures, the "C" vein set.

"Two weeks ago we announced a new gold discovery over one and a half kilometres on strike from the Curraghinalt deposit. This week we are very happy to announce a new gold discovery within the Curraghinalt deposit.

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Paramount Gold and Silver Reports Exceptional Drill Results From Its San Miguel Project in Mexico Including Intercepts up to 59.4 g/T Gold And 1,665.8 g/T Silver

 
 Paramount Gold and Silver Corp. (NYSE MKT:PZG)(NYSE Amex:PZG)(TSX:PZG)(FRANKFURT:P6G)(WKN:A0HGKQ) ("Paramount") today reported outstanding new drill results from extensions to the La Union deposit which sits within the 7.5 km. long Guazapares Megastructure at its 100% owned San Miguel Project in northern Mexico. Of 13 new core holes drilled, 10 intersected significant gold and silver values which are expected to improve the size and grade of San Miguel's estimated resources.
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TriStar Drills 13.90 m at 4.51 g/t Gold and 20.00 m at 2.86 g/t Gold at Castelo de Sonhos

 
TriStar Gold Inc. (the Company) is pleased to announce the results of the first round of holes completed in the second phase diamond drilling at the Company’s 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results have been received for fifteen (15) holes drilled at the Esperança South Target.

The second phase of drilling at Castelo de Sonhos started on July 17th with two drill rigs, both initially located at the Esperança South target which have since been moved to the Esperança East and Center targets. A total of 30 holes totalling 3,690 meters of a planned 44 holes totalling a minimum of 5,000 meters have been drilled to date in this second phase campaign.

Read more: TriStar Gold Inc ( TSG )