VANCOUVER, BRITISH COLUMBIA--(Jan. 11, 2017) -

 

Q4 2016 Highlights:

 

Gold production of 57,178 ounces and gold sales of 58,483 ounces against production guidance of 52,000 - 57,000oz

US$70.1m in gold revenue at an average realized price of US$1,199 per ounce

901,000 tonnes processed during the quarter with a feed grade of 2.15g/t

Industry-leading safety record maintained with no LTIs reported during the quarter and a rolling 12 month LTIFR of 0.20.

Strong balance sheet with unaudited cash and immediately convertible working capital balances of approximately US$66 million (December 31, 2016)

 

Asanko Gold Inc. ("Asanko" or the "Company") (TSX:AKG)(NYSE MKT:AKG) is pleased to announce production results for the fourth quarter of 2016 ("Q4") from Phase 1 of the Asanko Gold Mine, located in Ghana, West Africa.

- Highlights include: 18m @ 3.76 g/t from 61m and 27m @ 2.00 g/t from 45m - Step-out holes: 12m @ 2.25 g/t from 44m and 6m @ 11.5 g/t from 65m

 

VANCOUVER, BRITISH COLUMBIA--(Jan. 11, 2017) -Atlantic Gold Corporation (TSX VENTURE:AGB) ("Atlantic" or the "Company") is pleased to report assay results received from an additional twenty-seven holes of the resource definition diamond drilling program being undertaken at its Cochrane Hill Gold Project in Nova Scotia, Canada. The objective of this diamond drilling program is to bring the resources at the Company's Cochrane Hill deposit to measured and indicated status and thereby adding to the existing mine life at MRC.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 9, 2017) -Auryn Resources Inc. (TSX:AUG)(OTCQX:GGTCF) ("Auryn" or the "Company") is pleased to announce that it has entered into an Investment Agreement with Goldcorp Inc. ("Goldcorp") (TSX:G)(NYSE:GG) for a strategic equity placement whereby Goldcorp will purchase directly and indirectly in two tranches 9,542,402 common shares of Auryn for C$3.67 per share (the "Placement"). After giving effect to the Placement, Goldcorp will own 12.5% of Auryn's outstanding common shares.

 

In addition, Auryn and Goldcorp have entered into an Investor Rights and Obligations Agreement whereby, as long as Goldcorp maintains a 5% or greater equity ownership interest in Auryn:

 

Goldcorp will have the right to participate in future Auryn equity issues in the amount necessary to maintain up to a 12.5% interest;

- Indicated pit constrained resources of 560,000 ounces of gold - Inferred pit constrained resources of 1,750,000 ounces of gold - 27,000 metre infill and expansion drilling campaign at Goldlund expected to commence by end of January 2017

 

VANCOUVER, BRITISH COLUMBIA--( Jan. 9, 2017) -First Mining Finance Corp. ("First Mining" or the "Company") (TSX VENTURE:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to announce the release of an initial Resource estimate for its Goldlund Gold Project ("Goldlund" or the "Project") located near the town of Sioux Lookout in northwestern Ontario. The Company assumed control of the Goldlund project through its amalgamation with Tamaka Gold Corporation ("Tamaka") on June 17, 2016. The Resource estimate was prepared by WSP Canada Inc. ("WSP") of Sudbury, Ontario and has an effective date of September 20, 2016. A technical report for this initial Resource estimate for Goldlund, prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), will be filed by the Company on SEDAR within 45 days of the date of this news release.