Richmont Mines' Exploration Drilling Continues to Intersect Significant Gold Mineralization at Island Gold Both Laterally and at Depth and Intersects 9.71 g/t Over 8.00 Metres at the Kremzar Mine Regional Target

Deep Drilling Intersects 18.03 g/t over 5.70 metres; Near-Mine Lateral Drilling Intersects 33.32 g/t over 2.60 metres and 9.99 g/t over 6.65 metres
TORONTO, May 5, 2016  - Richmont Mines Inc. (TSX - NYSE MKT: RIC) ("Richmont" or the "Corporation"), is providing an update on the previously announced Island Gold exploration drilling program (Figure 1), which continues to demonstrate the significant potential of the cornerstone Island Gold Mine.
The exploration drilling program commenced in September 2015 and is now focused on three key priorities: 1) Testing the lateral continuity of the known deposit to potentially extend mine life above the 1,000 metre level; 2) following up on gold intersections down plunge that support the potential for an extension of the deposit between the 1,000 and 1,500 metre levels; and 3) testing high-priority regional gold targets elsewhere across the prospective Island Gold property.
Read more: Richmont Mines Inc ( RIC )

Gold Resource Corporation Reports First Quarter Results

COLORADO SPRINGS, CO--(May 4, 2016) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") reported production results for the first quarter ended March 31, 2016 of 6,463 ounces of gold and 434,142 ounces of silver, which generated $17.4 million in net revenue for the quarter. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned $108 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends and take delivery in physical gold and silver.
 
2016 Q1 HIGHLIGHTS
 
$0.8 million net income, or $0.01 per share
$17.4 million sales, net
$667 total cash cost per ounce AuEq (after by-product credits)
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Continental Gold Mines Over 100% More Gold Than Estimated From Trial Mining Stopes

TORONTO, ON--(May 03, 2016) - Continental Gold Inc. (CNL.TO) (CGOOF)("Continental" or the "Company") is pleased to announce positive final reconciled results from the trial mining program completed along the San Antonio vein in the Yaraguá vein system at the Buriticá project, Colombia. JDS Energy & Mining Inc. ("JDS") was retained to oversee the trial stope mining, processing of ore through Continental's small-scale milling facility and verification of all reconciled results.
 
Highlights (referenced in Figures 1, 2 and 3)
 
The trial mining program results include 2,093 ounces of gold and 2,733 ounces of silver mined from 2,090 tonnes of mined material at an average grade of 31.1 grams per tonne gold and 40.7 grams per tonne silver, which is significantly greater than the 1,033 ounces of gold and 1,620 ounces of silver from 2,022 tonnes of material at an average grade of 15.9 grams per tonne gold and 24.9 grams per tonne silver that the current mineral resource model estimated would be mined;
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Asanko Gold Refines Scope of Phase 2 Definitive Feasibility Study

VANCOUVER, BRITISH COLUMBIA--(May 2, 2016) - Asanko Gold Inc. (AKG.TO)(NYSE MKT:AKG)
 
Highlights:
 
Phase 1 excess plant capacity provides optionality for Phase 2 development, DFS to provide for a staged construction scenario
 
First Stage: Phase 2A
Develop Esaase pit and mine 2Mtpa oxide ores only, build overland conveyor and expand capacity of existing processing facility up to 5Mtpa
Treatment of both Nkran fresh ore and Esaase oxide ore through the existing expanded CIL plant
Targeting ±280,000 ounces/pa over life of mine from Phase 1 and Phase 2A commencing Q4 2018
Capital cost(1) estimated between US$100 to US$125 million, financed from cash flow
Investment decision expected Q4 2016
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Columbus Gold Drills 35.1 Meters of 4.1 g/t Gold, Including 19.8 Meters of 6.91 g/t Gold and 97.3 g/t Silver, at Eastside, Nevada

VANCOUVER, BRITISH COLUMBIA--(Apr 29, 2016) - Columbus Gold Corp. (CGT.TO)(CBGDF) ("Columbus") is pleased to report results of the first ten 2016 drill holes and of new geological work completed at its 100% owned Eastside gold project in Nevada.
 
Highlights of the 2016 drilling include:
 
ES-96 with 35.1 m of 4.1 g/t gold (including 19.8 m of 6.91 g/t gold and 97.3 g/t silver)
ES-90 with 13.4 m of 4.06 g/t gold (including 1.38 m of 34.9 g/t gold and 213 g/t silver)
ES-91 with 19.7 m of 1.74 g/t gold
ES-89 with 39.2 m of 0.69 g/t gold
ES-94 with 59.5 m of 0.47 g/t gold
Read more: Columbus Gold Corp ( CGT )