Continental Gold reports that underground development commenced as scheduled on November 22, 2012 at its 100%-owned Buriticá project in Antioquia, Colombia.
Expedition Mining announces it has entered into an option agreement with Nevada prospector, Larry McIntosh, to acquire a 100% interest in a gold property located within the Walker Lane Mineral Belt.
The result of the estimate, effective as of July 31, 2012 is Proven and Probable reserves totaling 651,605 tonnes at a grade of 2.21 g Au/t and 30 g Ag/t.
By the end of the first year of production Lucara will have sold over 230,000 carats of diamond, including a rare 9.46 carat blue diamond which achieved a record price of over $477,000 per carat.
The amalgamation of Diamonds North and Uranium North is deemed 'logical' as the two companies currently hold the same material properties in Washington State and they share management and exploration teams.
Aurora's geotechnical team has successfully set up the base camp on the Sao Domingo property. The current aims of the team are to delineate the areas for focused bulk sampling of oxide and elluvial material.
The company has earned its 50% interest in the Natora-South (CHIVAS) gold property in Sonora State, Mexico, and elects to exercise its option for a 70% interest.