Gold Company News Directory

Scorpio Gold Provides Fourth Quarter Report and 2013 Year End Financial Results

Scorpio Gold Corporation (TSXV:SGN) announced its financial results for the fourth quarter and for the year ended December 31, 2013. Highlights for the year end included a 22% increase in gold production from 2012, an 18% reduction in cash cost per ounce of gold sold compared to the previous year and the receipt of approval for new operations plans allowing expansion of the Mary pit at the Mineral Ridge mine.

Avrupa Minerals Completes Drilling Phase 4 at Sesmarias, Portugal

Avrupa Minerals Ltd. (TSXV:AVU) has completed Phase four of its drilling program for the Alvalade Joint Venture project in the Iberian Pyrite Belt of Portugal. The Alvalade project is funded by a 100% owned subsidiary of Antofagasta plc and operated by Avrupa. Avrupa and Antofagasta expect to be able to announce drill results and comment on details of summer exploration plans following joint venture meetings held over the next few weeks.

Homestake Resource Corp Announces New Targets at Kinskuch, Loan Agreement

Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) has entered into a loan agreement with an arm's length individual for $100,000. Proceeds from the loan will be used to pay acquisition expenses for Homestake's 625 square kilometre Kinskuch property located in northwestern British Columbia, where two additional exploration targets have been identified as high-priority.

Colombian Mines Drill On-Site at El Dovio, Overland Releases Rio Negro Geochem Results

Colombian Mines Corporation (TSXV:CMJ,FWB:X6C) announced that MPX Drilling Colombia has moved its drill on-site and is positioning it at El Dovio. In addition, Columbian Mines' joint venture partner Overland Resources (ASX:OVR) has made its first payment under the Rio Negro joint venture option agreement. Overland has also provided results from 386 soil geochemical samples from its work at Rio Negro.