VANCOUVER, Aug. 29, 2016 - Orex Minerals Inc. – (TSX-V: REX – OTC: ORMNF) ("Orex"), is pleased to announce that the Phase-III diamond drilling program continues to intercept silver mineralization on the Sandra Escobar Project in Durango, Mexico. Assays for five more drill holes are now available. These include holes SA-16-039 to SA-16-043 in the southeastern region of the project. The Sandra Escobar Project is being advanced by Orex under an option agreement with Canasil Resources Inc. – (TSX.V: CLZ) ("Canasil").

 

Highlight for this batch of holes is SA-16-041, which yielded 67 metres core length (58 m true thickness) grading 192 g/t silver, starting from surface. Within this is a sub-interval of 2 metres (1.73 m true thickness) grading 1,216 g/t silver.

TORONTO, ON--(August 24, 2016) - Wesdome Gold Mines Ltd. (WDO.TO)is pleased to announce exciting early underground drill results from the exploration program at its 100% owned Kiena Mine Complex located near Val d'Or, Quebec.

 

HIGHLIGHTS:

94.35 grams per tonne (g/t) gold over 17.40 m uncut (18.03 g/t cut) in hole U-6124

223.12 g/t gold over 14.25 m uncut (18.59 g/t cut) in hole U-6125

238.81 g/t gold over 5.00 m uncut (15.71 g/t cut) in hole U-6125

8.43 g/t gold over 8.2 m uncut (3.82 g/t cut) in hole U-6130

Two drills are testing for a repetition of the S-50 Zone along a Z-fold interpretation 200 - 300 metres below existing mine infrastructure at a depth of approximately 1,200 metres (Figure 1). The nominal drill spacing to test this target is 100 metres.

VANCOUVER, Aug. 23, 2016 - Rusoro Mining Ltd. (the "Company" or "Rusoro")  welcomes the award (the "Award") issued on August 22, 2016 by the Arbitration Tribunal ("Tribunal") operating under the Additional Facility Rules of the World Bank's International Centre for the Settlement of Investment Disputes ("ICSID") in the arbitration brought by Rusoro against the Bolivarian Republic of Venezuela ("Venezuela"). The Tribunal awarded the Company damages ofUS$967.77 million plus pre and post-award interest which currently equates to in excess of US$1.2 billion.

 

Rusoro filed its request for arbitration before ICSID on July 17, 2012 under the Canada-Venezuela Bilateral Investment Treaty ("BIT"). In its Award, the Tribunal upheld Rusoro's claims that Venezuela breached its obligations under the BIT by unlawfully expropriating Rusoro's investments without paying compensation and by imposing certain restrictions on the export of gold.

TSX-V: CUG MONTREAL, Aug. 22, 2016 / - Cyprium Mining Corporation ("Cyprium" or the "Company") (TSXV:CUG.V -News) is pleased to announce the results from additional underground samples taken from an oxidized zinc body on level 14 as part of its ongoing exploration program of the Potosi silver mine located in the historic Santa Eulalia, Mexico.

 

The thirty six samples were taken from two historic stopes on level 14 of the Santo Domingo body, and averaged 30.2% Zn over an average sample width of 3.00 m.  Two samples assayed less than 10% zinc and two samples were below detection levels for the zinc assay utilized, and 0 was used in the calculation of the average.  If the two samples with zinc assays below detection are left out, the average is 32.0% zinc for the remaining 34 samples. 

Assay results for nine samples of similar zinc oxide material from a third smaller stope on the same level assayed 37% zinc as previously announced (see News Release of June 20, 2016).  The oxide zinc material is mainly hemimorphite, a zinc silicate mineral, and contains variable but generally low concentrations of lead, iron, manganese and arsenic. Oxidized zinc material is different from the more usual zinc sulfide produced by flotation in most zinc mines and requires different processing techniques to recover the zinc metal. The results announced today are part of an ongoing exploration program to evaluate the potential of known mineralized areas.