Latest Indicated Resources Stories

-- Indicated and Measured Resources estimated at 1,244,850 tonnes grading 6.5 g/t Au for a total of 261,110 ounces of gold at 4.2 g/t Au cut-off MONTREAL, May 6, 2013 /CNW Telbec/ - Kevin Tomlinson, Chairman and CEO of Maudore Minerals Ltd. ("Maudore" or the "Company") (TSXV: MAO) (US OTC: MAOMF) (Frankfurt Exchange: M6L), today announced completion of an updated Mineral Resources Estimate for the Vezza Project, located 25 km south of Matagami,...

TORONTO, April 17, 2013 /PRNewswire/ - Sierra Metals Inc. (TSX-V:SMT) (BVL:SMT) ("Sierra Metals" or the "Company" previously Dia Bras Exploration) is pleased to announce that a pre-feasibility study has been completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico.  The study, mine plan and reserve estimate are based on Gustavson's work and mine plan on a lower-grade portion of the resources, mainly at...

TSX:NGD NYSE MKT:NGD (All figures are in US dollars unless otherwise indicated) VANCOUVER, April 4, 2013 /PRNewswire/ - New Gold Inc. ("New Gold") (TSX and NYSE MKT:NGD) today announces a Mineral Resource update at its Blackwater Project. This Blackwater resource, which will be used for the project's Feasibility Study, has been updated to include: 89 additional holes including further infill drilling and more refined geologic and geostatistical modeling....

TORONTO, April 2, 2013 /CNW/ - Alacer Gold Corp. ("Alacer") [TSX: ASR and ASX: AQG] is pleased to announce an update to its Mineral Resources and Reserves estimates.  Provided below are key aspects of Alacer's updated Mineral Resources and Reserves statement (as at December 31, 2012) and some comparisons to the previous statement (as at December 31, 2011): -- Alacer: o 1.2 million ounce increase in attributable Measured and Indicated ("M+I") Resources1 to...

TORONTO, March 25, 2013 /PRNewswire/ - AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") today reported its updated Reserves and Resources, as at December 31, 2012. Mineral Reserves and Resources (as at December 31, 2012) ------------------------------ (Detailed Mineral Reserve and Resource tables can be found at the end of this press release) Highlights As at December 31, 2012, the Company is reporting: -- Proven and Probable...

TORONTO, March 6, 2013 /CNW/ - Mandalay Resources Corporation ("Mandalay" or the "Company") (TSX: MND) is pleased to announce that its 2012 exploration efforts have resulted in increased Mineral Reserves.  Contained gold ("Au") in Mineral Reserves grew by 33%, contained silver ("Ag") by 14%, and contained antimony ("Sb") by 38%, all net of mine depletion, in year-end 2012 independent estimations at its Cerro Bayo, Chile, and Costerfield, Australia, mines. Table 1: Mandalay...

VIRGINIA CITY, Nev., Feb. 7, 2013 /PRNewswire/ -- Comstock Mining Inc. or "the Company" (NYSE MKT: LODE) announced today the highlights of its fourth National Instrument 43-101 (NI 43-101) technical report (the "2013 Report", or the "Report") authored by Behre Dolbear & Company (USA), Inc. of Denver Colorado. The Report declared a mineral resource estimate for the Comstock Mine Project in Storey and Lyon Counties, Nevada, of Measured and Indicated Resources containing 1,824,000...

VANCOUVER, Dec. 24, 2012 /PRNewswire/ - Great Basin Gold Ltd. ("Great Basin Gold" or the "Company") initiated creditor protection proceedings under CCAA in Canada in September 2012 and provides this general situation update. Under the CCAA proceedings, the stay of any potential creditor lawsuits was extended until January 14, 2013. As previously announced, the Company's executive officers are now provided by a professional restructuring services firm which was appointed by...

VANCOUVER, Nov. 1, 2012 /PRNewswire/ - Search Minerals Inc. ("Search" or the "Company") (TSXV: SMY) and its wholly-owned subsidiary, Alterra Resources Inc., are pleased to announce that Roscoe Postle Associates (RPA) have prepaed an updated mineral resource estimates for the Foxtrot Project in the Port Hope Simpson Rare Earth Element (REE) District in southeastern Labrador. HIGHLIGHTS -- A 270% increase in Indicated Resources, largely from extending the...

8,463,800 Tonnes @ 2.0 g/t Au for 546,299 oz Indicated 8,115,800 Tonnes @ 4.8 g/t Au for 1,258,990 oz Inferred MONTREAL, Oct. 29, 2012 /CNW/ - Dr. Howard Carr, CEO of Maudore Minerals Ltd.  ("Maudore" or the "Company") (MAO: TSX-Venture); (MAOMF: US OTC);(M6L: Frankfurt Exchange), today announced that the Company's 43-101 compliant Mineral Resource Estimate, in accordance with objectives set out in Maudore's 100-day plan, "indicates encouraging findings that are based on...