La propriété Monster Lake a récemment été acquise par TomaGold, en même temps que deux autres projets aurifères (Urban et Vassan), de Stellar Pacific Ventures inc. Au cours des deux dernières années, Stellar a complété 46 forages aux diamants (5 235 mètres) sur des structures aurifères découvertes le long d’un corridor minéralisé de direction NNE. La minéralisation est associée à des veines de quartz noir avec sulfures à l’intérieur d’une zone de cisaillement d’une largeur variant de 3 à 10 mètres, le tout à l’intérieur d’unités basaltiques.

Des résultats significatifs furent obtenus par Stellar tout au long du système minéralisé. Le tableau suivant donne un sommaire des meilleurs intervalles (programmes de 2010 et 2011) :

Forage
De
À
Longueur
g/t Au
Secteur
#
m
m
m

M-01-10
33,2
34,1
0,9
3,76
Mégane
M-02-10
49,00
50,00
1,00
3,80
Mégane

54,20
55,20
1,00
2,22

M-06-10
23,00
25,00
2,00
2,49
Mégane
M-11-10
159,00
160,00
1,00
1,36
52

165,00
165,90
0,90
1,83

166,40
168,00
1,60
1,18

M-15-10
79,00
83,00
4,00
3,19
52
M-16-10
46,00
50,60
4,60
5,33
Indice 325
M-17-10
62,40
63,00
0,60
2,11
Indice 325

69,50
71,40
1,90
1,10

M-18-10
67,70
69,00
1,30
1,17
Indice 325

78,00
83,00
5,00
5,38

M-25-11
46,00
47,00
1,00
2,23
Indice 325

49,50
51,50
2,00
76,53

53,00
55,00
2,00
8,26

M-28-11
40,00
43,00
3,00
1,54
Indice 325
M-29-11
39,00
40,00
1,00
1,68

M-31-11
22,00
24,00
2,00
2,54

M-36-11
86,00
88,00
2,00
1,85
Indice 325

95,00
97,00
2,00
8,38

M-37-11
100,00
100,00
1,00
2,21

103,00
105,00
2,00
19,37
Indice 325
M-38-11
96,00
99,00
3,00
7,22
Indice 325
M-40-11
104,00
105,00
1,00
1,85
Indice 325
M-43-11
131,00
132,00
1,00
11,07
Indice 325
M-44-11
119,00
121,00
2,00
1,47
Indice 325

125,00
129,00
4,00
4,92

M-45-11
112,00
114,00
2,00
1,56
Indice 325

121,00
122,00
1,00
4,81

M-47-11
106,00
107,00
1,00
1,79
Indice 325
M-48-11
23,00
24,00
1,00
1,53
Cominco

28,00
29,00
1,00
4,05

La Compagnie désire poursuivre les travaux de Stellar et continuer à tester par forage les indices aurifères de surface mis à jour lors des travaux de décapage et de rainurage de l’été et de l’automne 2011. La Compagnie va explorer plusieurs portions du système minéralisé, incluant les zones découvertes récemment au sud de la propriété ainsi que l’indice bien connu au centre de la propriété appelé Eratix.

À PROPOS DE LA PROPRIÉTÉ MONSTER LAKE

La propriété Monster Lake est située à 44 kilomètres au sud-ouest de la ville de Chibougamau dans le nord-ouest Québécois. Elle est facilement accessible par la route et une ligne électrique majeure traverse la région à proximité. Entre 1984 et 1995, Soquem a complété 142 sondages totalisant près de 20 000 mètres de carotte et elle a fait de nombreuses tranchées le long du corridor minéralisé de 4 kilomètres de longueur. Avant le début des travaux de Stellar, on comptait déjà plus de 45 intervalles titrant plus de 1 g/t Au, en carotte et en rainure. Les trois indices principaux, Eratix, Zones IV et III et la Zone 52 ont été testés par forage selon une maille de 50 mètres mais, dans la plupart des cas, avec un seul sondage par section laissant ainsi plusieurs intervalles minéralisés ouverts latéralement et en profondeur.

Le contenu technique de ce communiqué de presse a été révisé et approuvé par Mr. Maurice Giroux, une personne qualifiée selon le règlement 43-101.

La Bourse de croissance TSX et son fournisseur de services de réglementation (au sens attribué à ce terme dans les politiques de la Bourse de croissance TSX) n’assument aucune responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Article source: http://www.marketwire.com/mw/release.do?id=1615052&sourceType=3

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Newstrike Capital Inc. (TSX VENTURE:NES) (“Newstrike” or the “Company”) announces that its wholly-owned Mexican subsidiary, Minera Aurea, has entered into a purchase option agreement for certain privately held land parcels at the Ana Paula Project in Guerrero State, Mexico. The Company will acquire 100% ownership in approximately 935.85 hectares by making staged payments over the next four years for a total of C$983,624 (based on a 13.32 Mexican peso exchange rate the day of signing). This agreement is pending final registration with the Mexican Government.

About Newstrike (TSX VENTURE:NES)

Newstrike Capital Inc. is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. Current management and directors co-discovered Goldcorp’s and Teck’s significant discoveries in Guerrero Gold Belt in Guerrero State, currently in advanced stages of exploration and production.

Newstrike holds a 100% interest in certain exploration properties in Mexico located within two established mining districts; the gold-bearing oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of Oaxaca State.

Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or accuracy of, this release.

Article source: http://www.marketwire.com/mw/release.do?id=1615047&sourceType=3

Options are granted subject to the terms and conditions of the Company’s Stock Option Plan (filed on SEDAR) and are subject to TSX.V approval. Options are administered by the Board of Directors who may authorize the Company to make allocations to eligible persons after considering their present and future potential contributions and value to the Company.

About Altan Rio

Altan Rio explores for large-scale gold and copper projects in one of the world’s most prospective mineral regions; Mongolia. The Company is currently exploring license holdings totaling more than 153,310 hectares. Our properties contain significant zones of newly identified primary gold and copper mineralization across a very large area of unexplored ground in western Mongolia.

On behalf of Altan Rio Minerals Limited,

Evan Jones, President CEO

This press release may contain forward looking statements including those describing Altan Rio’s future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Altan Rio and its management.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Article source: http://www.marketwire.com/mw/release.do?id=1615055&sourceType=3

Options are granted subject to the terms and conditions of the Company’s Stock Option Plan (filed on SEDAR) and are subject to TSX.V approval. Options are administered by the Board of Directors who may authorize the Company to make allocations to eligible persons after considering their present and future potential contributions and value to the Company.

About Altan Nevada

Altan Nevada is an exploration company focused on the discovery of large-scale ore systems in under-explored districts of Nevada, USA. The Company is currently exploring holdings in Nevada totaling more than 13,710 hectares. Projects include potential district-scale extensions to the north Carlin Gold Trend and three Yerington District copper-gold targets.

On behalf of The Board of Directors of Altan Nevada Minerals Limited,

Evan Jones, President CEO

This press release may contain forward looking statements including those describing Altan Nevada’s future plans and the expectations of management that a stated result or condition will occur. Any statement addressing future events or conditions necessarily involves inherent risk and uncertainty. Actual results can differ materially from those anticipated by management at the time of writing due to many factors, the majority of which are beyond the control of Altan Nevada and its management.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Article source: http://www.marketwire.com/mw/release.do?id=1615056&sourceType=3

About Zone Resources Inc.

Zone Resources Inc. is a Canadian Iron exploration and development company with 4 major projects situated in the Labrador Trough of Quebec, Canada. The properties are near Adriana Resources’ Lac Otelnuk Project and New Millennium’s Kemag and Labmag Projects. The Company’s shares trade on the TSX Venture Exchange under the symbol ZNR and on the Frankfurt Exchange under the symbol 7ZR.

Cautionary note:

This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as “reserves” unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Article source: http://www.marketwire.com/mw/release.do?id=1615066&sourceType=3

The 208 Team has not complied with certain of its obligations under the JV Agreement, including its obligation to set up a new entity (the “JV Co”) and the transfer of its 100% interest in the Tugurige Gold Project to the JV Co. The Company is proactively engaged in resolving this dispute with the 208 Team. As a result, the Company has not commenced the commissioning of an NI 43-101 compliant resource estimate on the property.

Upon entering into the JV Agreement, Minco China advanced RMB 60 million (approximately C$9 million) to the Tugurige Gold Mine in the form of a secured short term loan guaranteed by the 208 Team. The funds have since been repaid to Minco China in full, with interest.

The JV Agreement remains subject to the approvals of various Chinese Government agencies. The Company is actively seeking these approvals, however, there is no assurance that such approvals will be forthcoming.

About Minco Gold

Minco Gold Corporation (TSX:MMM)(NYSE Amex:MGH)(FRANKFURT:MI5) is a Canadian mining company involved in the direct acquisition and development of high-grade, advanced stage gold properties. The Company owns an exploration property portfolio covering more than 1,000 square kilometres of mineral rights in China. For more information on Minco Gold and its properties, please visit the website at www.mincomining.ca.

This news release contains certain forward-looking statements that reflect the current views and/or expectations of Minco Gold Corporation with respect to its performance, business and future events including the those in respect of the Tugurige Gold Project. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, those relating to changes in the market, potential downturns in economic conditions, regulatory requirements and other risk factors listed from time to time in the Corporation’s public filings. These risks, as well as others, could cause actual results and events to vary significantly. Minco Gold Corporation does not undertake any obligation to release publicly any revisions to update any voluntary forward-looking statements.

Article source: http://www.marketwire.com/mw/release.do?id=1615070&sourceType=3

The warrants will contain a provision that if the Company’s common shares trade at a closing price in excess of $0.30 on the TSX Venture Exchange (the “Exchange”) (or such other exchange on which the Company’s shares are then principally traded) for a period of 10 consecutive trading days the Company may issue a notice accelerating the expiry date to 30 days from the date of such notice.

Finders’ fees consisting of cash and/or securities may be payable in connection with the financing, in accordance with the policies of the Exchange.

All securities issued in connection with the financing will be subject to a four-month hold period in accordance with applicable Canadian securities laws. Closing of the private placement will be subject to the approval of the Exchange.

Netco is a publicly traded exploration company focused on the discovery and development of high-value precious metals deposits in the Americas. The Toruel Property, covering 5,736 hectares, is located about 25 kilometers southeast of the village of Los Menucos, Rio Negro Province, Argentina, and is prospective for silver. The Company has the option to acquire up to 75% of the property.

NETCO SILVER INC.

Colin Bowkett, Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Article source: http://www.marketwire.com/mw/release.do?id=1615071&sourceType=3

The Company announces that it has entered into an agreement dated January 31, 2012 (the “Amending Agreement“) that amends the terms of the Strategic Acquisition Agreement dated March 30, 2011 (the “Original Agreement“) pursuant to which the Company agreed to acquire all of the issued and outstanding shares of Craigmont Holdings Ltd. (now Huldra Properties Inc. (“HP“)) (the “Shares“). Pursuant to the terms of the Amending Agreement, the parties agreed to revise the time in which the Shareholders may recover magnetite from the Company’s milling property and to extend and amend certain payment terms related to payment for the Shares.

Under the Original Agreement, Huldra was to pay $3 million on or prior to January 31, 2012 (the “Second Payment“) and the remaining $4 million balance, less certain adjustments (the “Third Payment“), on or before January 31, 2013. Under the Amending Agreement, the Second Payment was split into two payments, of which $800,000 was paid by Huldra on January 31, 2012, and the remaining $2.2 million will be payable on the earlier of (i) the commissioning of Huldra’s mill and (ii) June 30,2012. The Third Payment will also be split into two payments whereby:

1. on or prior to January 31, 2013, Huldra will pay the amount determined by subtracting from $4 million:
   1. the lesser of $900,000 or the amount of the Liability Cost Estimate (as defined in the Original Agreement, and
   2. any payments made by Huldra to the Shareholders derived from the gravel rights related to Huldra’s milling property; and
2. on or prior to June 30, 2014, Huldra will pay to the former shareholders of HP a final adjustment payment to reflect site remediation undertaken by the shareholders prior to that date, less certain other adjustment items.

Consequential amendments were also made to other agreements made among the parties in connection with the closing of the Original Agreement. Copies of all such amending agreements will be made available by the Company on SEDAR at www.sedar.com.

About Huldra

Huldra is currently working on plans to put its Treasure Mountain property, located 3 hours east of Vancouver, BC, into development, subject to permitting and financing utilizing an offsite mill being constructed at the Company’s property outside of Merritt, BC. The Company is also actively assessing other opportunities for acquisition and development.

On behalf of the Board of Directors

Ryan Sharp, MBA, President, CEO Director

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Article source: http://www.marketwire.com/mw/release.do?id=1615080&sourceType=3

ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED

Fredy Salazar, President CEO

Salazar Resources Limited

About Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being an Ecuadorian based company gives Salazar Resources Ltd. a strategic advantage enabling it to complete exploration at a rapid pace. With an excellent property portfolio (3 projects- 42,900 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador and throughout South America.

This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Article source: http://www.marketwire.com/mw/release.do?id=1615088&sourceType=3

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

NuLegacy Gold Corporation announces that further to its news release of December 23, 2011, the Company has now completed a third and final tranche of its non-brokered private placement consisting of an additional 1,442,234 units (the “Units“) at price of $0.15 per Unit for gross proceeds of $216,335. Each Unit consisted of one common share and one share purchase warrant entitling the holder to purchase an additional common share for a period of 18 months at a price of $0.25 during the first 12 months and $0.35 during the last 6 months.

All securities issued under the third closing are subject to a four month and one day hold period expiring May 26 or June 4, 2012.

In total, the Company sold an aggregate of 12,500,000 Units at a price of $0.15 per Unit for gross proceeds of $1,875,000. The net proceeds of the private placement will be used to finance the Company’s gold exploration programs in Nevada, U.S.A. and for general corporate purposes.

NuLegacy Gold Corporation is a Nevada focused exploration company exploring for Carlin-type replacement gold deposits on its two highly prospective district scale properties; the 100 square km Red Hill (http://nulegacygold.com/s/RedHill.asp) Project and the 100 square km Wood Hills (http://nulegacygold.com/s/WoodHills.asp) South Project. Both projects have geology similar to that of the adjacent multi-million ounce gold discoveries (http://nulegacygold.com/s/News.asp?ReportID=477971_Type=News_Title=NuLegacy-Comments-on-Significant-Gold-Discoveries-Adjacent-to-Its-Red-Hill) that were made subsequent to our acquisition of the properties. The NuLegacy exploration and drilling programs underway employ proprietary techniques for targeting multi-million ounce deposits.

ON BEHALF OF THE BOARD OF DIRECTORS OF NULEGACY GOLD CORPORATION

Albert J. Matter, Chief Executive Officer

For further information please visit our website at www.NuLegacygold.com.

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Readers are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation.

THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Article source: http://www.marketwire.com/mw/release.do?id=1615094&sourceType=3