Orefinders Agrees to Sell Red Lake Property for $1.3 million

TORONTO, March 6, 2017  - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX.V: ORX) is pleased to announce that it has entered into a definitive agreement with Pure Gold Mining (TSX.V: PGM) ("Pure Gold') to sell the Company's Derlak Project in Red Lake, Ontario.
 
In return for a $1.3 million value, Orefinders has agreed to transfer its 100% interest in the Derlak Project which consists of 11 contiguous patented claims covering approximately 542 acres. The $1.3 million in total consideration to Orefinders is comprised of $500,000 in cash and $800,000 worth of Pure Gold shares.  The agreement is scheduled to close in the coming week.
 
"We are very pleased to be able to monetize this asset and strengthen Orefinders balance sheet. We view this transaction as nondilutive to our shareholders and allows us to squarely focus on the Mirado Mine with the use of funds being earmarked to further its development.  
Read more: Orefinders Resources Inc ( ORX )

Beaufield Corporate Update

MONTREAL, QUEBEC--(March 2, 2017) - Beaufield Resources Inc. ("Beaufield" or the "Corporation") (TSX VENTURE:BFD) announces today the following changes to its Board of Directors and management.
 
The Board of Directors increased the number of Directors to four and appointed Ronald W. Stewart as a new Director.
 
Jens Hansen has resigned, effective immediately, as President, Chief Executive Officer and Director and the Board of Directors filled the board seat vacancy by appointing Robert P. Wares as Director.
 
Finally, the Board of Directors appointed Robert P. Wares as Chairman of the Board of Directors and Ronald W. Stewart as interim President and Chief Executive Officer.
Read more: Beaufield Resources ( BFD )

Stratton Resources Appoints Michael Kosowan as President and CEO and Changes Name to Torq Resources Inc.

VANCOUVER, BRITISH COLUMBIA--(March 2, 2017) -Stratton Resources Inc. (TSX VENTURE:SI) (the "Company) is pleased to announce the appointment of Michael Kosowan as the Company's new President, CEO and Director. Mr. Kosowan holds a Master's of Applied Science degree, is a Mining Engineer (P.Eng.) and a former Investment Advisor of Sprott Private Wealth (Canada), Sprott Global Resources Inc (USA) and is currently a director of TSX listed Auryn Resources Inc. (TSX:AUG).
 
We are also pleased to announce that the Company's name will be changed to Torq Resources Inc. and its shares shall trade on the TSX Venture exchange under ticker symbol "TORQ". We expect this name and symbol change to take place prior to March 31, 2017 subject to approval.
Read more: Stratton Resources ( SI )

Atlantic Gold Reports Further First Stage Results from the Resource Definition Drill Program at Fifteen Mile Stream

Highlights Include: 20m @ 2.74 g/t from 32m, 15m @ 2.56 g/t from 39m, 14m @ 2.43 from 56m
 
VANCOUVER, BRITISH COLUMBIA--(March 1, 2017) -Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to report assay results received from a further eighteen holes of the resource definition diamond drilling program being undertaken at its Fifteen Mile Stream Gold Project in Nova Scotia, Canada. Drilling is ongoing with 95 holes for 8,200m of the planned 25,000m having been drilled to date. The objective of this program is to bring the resources at the Company's Fifteen Mile Stream deposit to measured and indicated status and thereby adding to the existing life of mine plan at the Moose River Consolidated (MRC) gold project.
Read more: Atlantic Gold Corporation ( AGB )

Durango Offered Additional Ground In Windfall Lake Area

Vancouver, BC /  March 1, 2017 - Durango Resources Inc. (TSX.V-DGO), (the " Company " or " Durango ") announces that it has been offered additional ground for purchase in the Windfall Lake Gold Camp area. Certain of such properties adjoin property held by Osisko Mining who just announced on February 28, 2017 the completion of an $82M equity financing while other properties offered adjoin property held by Beaufield Resources .
 
Marcy Kiesman CEO of Durango stated, "This past February over $100M dollars in financings have been announced by four major companies in the Windfall Lake area. This activity has increased the attention of the discussions regarding our Trove Property, and management is continuing discussions with third parties in respect of a potential transaction; however, we would like to emphasize that Durango has not reached any agreements at this point in time. Management will advise when and if any agreement is reached. We look forward to what appears to be an exciting year ahead and will continue to work diligently to bring value to our shareholders."
Read more: Durango Resources ( DGO )

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