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Veris Gold Enters Into A Toll Milling Agreement with Atna Resources Inc.

Veris Gold Corp. is pleased to announce Veris Gold USA Ltd. has entered into a toll milling agreement with Atna Resources Inc., a subsidiary of Atna Resources Ltd., to process ore from the Pinson Mine at the Jerritt Canyon Mill located in Elko County, Nevada. The Jerritt Canyon Mill is operated by Veris Gold USA Ltd., a wholly-owned subsidiary of Veris Gold Corp.

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Turquoise Hill Resources announces financial results and review of operations for 2012

Turquoise Hill Resources announced its financial results for the quarter ended December 31, 2012. All figures are in US dollars unless otherwise stated.

HIGHLIGHTS
  • Following the signing of the binding power purchase agreement in November 2012, electrical transmission lines to Oyu Tolgoi were energized and operational.
  • Phase-one construction at Oyu Tolgoi reached 99% completion at the end of 2012.
  • Underground lateral development continued during Q4’12 with approximately 1,500 metres achieved by the end of 2012.
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Swingplane: Geochemical, Metallurgical and Mineralogical Sampling Underway on Property

Swingplane Ventures, Inc. (OTC-BB: SWVI) update information pertaining to the Algarrobo property.

Swingplane Venture Inc.’s Algarrobo Property is an Iron Oxide-Copper-Gold (IOCG) property located approximately 850 km north of Santiago, in the III Region, Province of Copiapo, Chile. The city of Copiapo is located approximately 43 km to the southeast of the Property, with the small port city of Caldera 25 km to the east. The Property consists of 32 tenures, comprising a total of 6,161 ha (15,224 acres).

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Banro Provides an Operations Personnel Update

Banro Corporation provides a brief personnel update on its Twangiza gold mine and Namoya development project in the Democratic Republic of the Congo.

"We are very pleased to report that operations at Twangiza and development at Namoya are both progressing smoothly under the supervision of experienced professionals who have demonstrated their commitment and dedication to these projects over the past months and years," commented Interim CEO, Dr. John Clarke, who has just returned from his meeting with the operations teams in the DRC.

"Dan Bansah, VP Exploration, will assume increased responsibilities with the departure of Colin Belshaw, overseeing all in-country operations to ensure adherence to the strategic plan across all operations," continued Dr. Clarke. "We are confident that we can continue to draw upon the strengths of our management team members, including Mr. Desire Sangara, VP Government Relations, many of whom have been with the Company for years and whose skills, expertise and leadership have proven to be invaluable."

At Twangiza, production and plant modifications will continue as planned under the supervision of Frans Gonsalves and Chris Bawah with completion of all optimization initiatives anticipated for ramping up to full nameplate capacity during the fourth quarter of this year.

Thinus Vorster, VP Development and Engineering, along with his development team, will continue to drive the construction at Namoya as the project heads into the dry season.

Banro will continue to provide both corporate and operational updates as the Company progresses toward completion of Namoya development and Twangiza enhancement.

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Endomines: Exploration during 2012 has successfully replaced almost all the Ore reserve mined

Endomines is making a public announcement of its updated ore reserves and mineral resource estimates. The update represents the Pampalo production situation as at 31stDecember 2012.

"The Pampalo mine gold production in 2012 was 867 kg but the total contained gold in the Pampalo ore reserves was reduced only by 235 kg. This is the result of successful continuous mine site exploration which during 2012 nearly replaced the mined ore reserves" comments Markus Ekberg, CEO of Endomines.  

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Swingplane Ventures: Geological Report Confirms Trend of Major Veins

The newly appointed President of Swingplane Ventures Inc. provides detail on the Lindorfer (2012) geological interpretations on the Company's Iron Oxide -Copper-Gold (IOCG) property located approximately 850 km north of Santiago, in the III Region, Province of Copiapo, Chile.

A recent report by Lindorfer (2012), "Geological interpretations on the Algarrobo mining project, Caldera, Chile", presents a clear picture of the structural setting of the Property based on analysis of satellite imagery.

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Serengeti Files Kwanika Preliminary Economic Assessment

Serengeti Resources Inc. (SIR: TSX-V; 34S: FSE) announces a technical report outlining the results of a Preliminary Economic Assessment ("PEA") on its 100% owned Kwanika project located in North Central British Columbia, Canada. The results of the PEA, previously released on February 6th, 2013 (NR: 2013-01) demonstrate the potential technical and economic viability of establishing a new copper-gold mine/mill complex on the property.

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