Resource World Magazine

Newswire Dissemination, SEDAR and EDGAR services since 1998 SEDAR filings starting at $25.00 Newswire Dissemination starting at $95.00 Unlimited Words EMAIL: sales@FSCwire.com GTA/BALMORAL REPORT NORTHSHORE DRILL RESULTS GTA Resources and Mining Inc. [GTA-TSXV], which is earning a 51% interest from Balmoral Resources Ltd. [BAR-TSXV; BALMF-OTCQX], report results for the initial five holes (WB-13-36 to WB-13-40) completed in its Phase IV drill program on the Northshore property 80 km west of Hemlo, northwest Ontario. The program began mid-March and is scheduled to include a minimum of 2,500 metres of drilling focused on testing a number of extensions to the Afric Gold Zone. As of May 9, 1,698 metres have been completed in nine holes and the program has been temporarily suspended due to winter break-up conditions. Drilling is scheduled to resume by the end of May, pending weather conditions. This initial drilling targeted both the East and Northeast Extensions and was successful in extending the Afric Zone along these trends. In general, the extension zones are characterized as wide lower grade zones containing higher grade zones over narrower widths. All holes intersected significant gold mineralization hosted within altered felsic porphyritic and intrusive rocks (porphyry-style gold). Multiple occurrences of visible gold mineralization were observed in all holes. East Extension – Highlights include 2.50 g/t gold over 13.0 metres (within a wider zone of 1.4 g/t over 43.5 m) in hole WB-13-37 and 12.28 g/t gold over 2.0 m (within a zone of 1.47 g/t over 70.0 m) in hole WB-13-38. These holes, drilled approximately 50 meters and 100 meters respectively below a previously drilled shallow intersection of 1.51 g/t gold over 50.8 m (hole WB-12-29) help confirm the strike continuity of the East Extension for a distance of 170 meters from the Central Afric Zone. 38 www.resourceworld.com PHONE: 1-866-873-8327 Northeast Extension – Holes WB-1339 and 40 tested the Northeast Extension approximately 130 metres northeast from the Central Afric Zone and were successful in intersecting the interpreted zone. The upper hole (WB-13-39) intersected 4.77 g/t gold over 8.0 metres within a wider zone of 1.35 g/t over 34.2 m. Hole WB-13-40 tested the zone 50 metres below and intersected 7.97 g/t over 1.5 metres within a 49.0-metre zone assaying 0.53 g/t gold. SASKATCHEWAN GEOTHERMAL STUDY PLANNED DEEP Earth Energy Production Corp. (DEEP) reports that Natural Resources Canada and SaskPower intend to contribute a total of $2.2 million to fund a Front End Engineering Design (FEED) Study on the economic and technical viability of geothermal as a source of clean electricity generation in southeastern Saskatchewan. Natural Resources Canada will contribute approximately $1.0 million through its WEB: www.FSCwire.com ecoEII program and SaskPower, subject to the successful completion of a funding agreement with DEEP is considering a con, tribution up to $1.2 million to the FEED study's review of technical data, reservoir tests, and development of detailed costs for the next phase of the project. "Through the ecoENERGY Innovation Initiative, our government is investing in innovative clean energy technologies that create jobs, generate new economic opportunities and protect the environment," said the Honourable Joe Oliver, Canada's Minister of natural Resources. "This program demonstrates our tangible support for energy projects that dive energy innovation." Upon successful conclusion of the FEED study, it is DEEP's intention to pursue a five megawatt (MW) binary geothermal power plant that would be located near Estevan, Saskatchewan, that would generate power from a hot aquifer located three km under the surface. Five megawatts is roughly the power required for 5,000 homes, and DEEP's proposed plant would offset 40,000 metric tonnes of CO2 per year, equivalent to the emissions from 8,016 cars. It is DEEP's hope that if the FEED study proves successful, this would create the opportunity to develop multiple geothermal plants over the next decade. "The first project could launch a brand new sustainable power supply industry for Canada. The US is the number one geothermal power producer rin the world, and geothermal opportunities do not end at the border," said Kirsten Marcia, President and CEO of DEEP . Binary geothermal power plants utilizing the Organic Rankine Cycle have become the preferred means of exploiting hot sedimentary aquifers; more than 800 MW of these plants are in operation today. DEEP's project will closely resemble these existing power plants. n JUNE 2013

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