Balmoral drills 41.95 m of 3.24 g/t Au at Martiniere

Mr. Darin Wagner reports
 
BALMORAL INTERSECTS 41.95 METRES GRADING 3.24 G/T GOLD INCLUDING 11.58 METRES GRADING 6.30 G/T GOLD, BUG SOUTH GOLD DEPOSIT, MARTINIERE PROPERTY, QUEBEC
 
Balmoral Resources Ltd.'s Bug South gold deposit on the company's Martiniere property in Quebec continues to return broad intersection of high-grade gold mineralization and show good continuity between sections. Results were released from seven holes testing Bug South completed during the fall program and were highlighted by:
 
41.95 metres grading 3.24 grams per tonne gold, including 11.58 m grading 6.30 g/t gold from the Upper Bug zone -- hole MDE-16-246B;
13.93 m grading 4.07 g/t gold from the Upper Bug zone -- hole MDE-16-250;
10.13 m grading 7.34 g/t gold, including 5.34 m grading 13.54 g/t gold from the hangingwall zone -- hole MDE-16-247;
Read more: Balmoral Resources ( BAR )

Stratton Resources To Raise up to $13,000,000 Through Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(Jan. 20, 2017) -Stratton Resources Inc. (TSX VENTURE:SI) "Stratton" or the "Company"), is pleased to announce a non-brokered private placement for up to 20 million common shares of the Company at a price of CAD$0.65 per share (the "Offering") for gross proceeds of CAD$13,000,000. 
 
The Company intends to use the net proceeds for precious metal exploration on its projects in Newfoundland, further mineral property acquisitions and general corporate purposes.
 
The shares under the Offering will be subject to a four-month hold period and will not be registered in the United States. Commission may be paid on certain amounts placed by brokers.
Read more: Stratton Resources Inc ( SI )

Monarques Gold intersects 12.71 g/t Au over 9.9 metres (33 feet) on Croinor Gold

2017-01-19 09:41 ET - News Release - One of the best economic intersections of the current program
 
MONTREAL, Jan. 19, 2017 - MONARQUES GOLD CORPORATION ("Monarques" or the "Corporation") (TSX-V: MQR) (FRANKFURT: MR7) is pleased to provide an update on the 10,000-metre drilling program on its Croinor Gold project, 70 km east of Val-d'Or, Quebec. The program focused mainly on the Croinor Gold deposit, but also included some exploration drilling in the Gold Bug sector. All the drilling is now complete, with some results still pending on Croinor Gold. Furthermore, five holes drilled on Gold Bug are currently being logged and will be assayed in the coming weeks.
Read more: Monarques Gold Corporation ( MQR )

Operational Update for the Barsele Au-VMS Project

Conversion Drill Hole SKI16010 Adds Continuity to Skiråsen Zone with 6.00 meters grading 33.46 g/t gold, plus 178.00 meters grading 1.68 g/t gold.
 
Expansion drill hole CNT16017 yields 31.00 meters grading 2.65 g/t gold.
 
VANCOUVER, Jan. 17, 2017 - Barsele Minerals Corp. – (TSX-V: BME) ("Barsele") is pleased to report an eighth operational progress update for the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited – (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the project is 55% Agnico Eagle and 45% Barsele.
Read more: Barsele Minerals Corp ( BME )

Orosur Mining starts production at San Gregorio West

2017-01-16 06:43 ET - News Release -- SANTIAGO, Chile --  Orosur Mining Inc. (“Orosur” or “the Company”) (TSX/AIM: OMI), the South American-focused gold producer, developer and explorer is pleased to announce the results for the first half of its fiscal 2017 (“H1 17”) and second quarter ended November, 2016 (“Q2 17” or the “Quarter”) and an update of its exploration and development activities in Uruguay.
 
OPERATIONAL HIGHLIGHTS
The San Gregorio West Underground (“SGW UG”) mine commenced full production from its maiden stope on November 24, 2016
Project completed on budget and on schedule following a safe and efficient transition of equipment and staff from Arenal
Construction included over 883m of horizontal development and approximately 663m of infill diamond drilling from 13 underground holes comprising the bulk of the zones to be mined within the existing FY17 SGW mine plan
Read more: Orosur Mining Inc ( OMI )

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