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Resource World - Feb-Mar 2016 - Vol 14 Iss 2

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f e b r u a r y / m a r c h 2 0 1 6 www.resourceworld.com 15 gold project east of Val-d'Or. On December 9, the company announced results for a 12-hole campaign at the Parallel Zone. Highlights included hole PV-15-16, which returned 19.58 g/t gold from 61.10-64.40 metres. In addition, the company recently updated Lamaque's Triangle Deposit min- eral resource: at a 3.0 g/t cut-off grade, indicated resources comprise 627,810 ounces at 7.37 g/t gold, while inferred resources stand at 871,530 ounces at 6.89 g/t gold. Kirkland lake Gold inc. [KGI-TSX; London AIM] holds various assets in the Kirkland Lake camp, northeast Ontario. On November 16, the company announced it had entered a definitive agreement to acquire st. Andrew Goldfields ltd. [SAS-TSX, STADF-OTCQX] to create an intermediate entity of four mines and two mills. Meanwhile, it reported production of 33,511 ounces gold for stub year 2015 Q2 (SY15 Q2) on December 14. Sales stood at 34,606 ounces gold for an average real- ized price of $1,110/oz. All-in cash costs stood at $1,132/oz. lake shore Gold corp. [LSG-TSX, NYSE MKT] operates the Timmins West and Bell Creek mines and is advancing the Fenn-Gib Project, about 60 km east of Bell Creek. Output for Q3 stood at 40,600 ounces gold, while sales stood at 42,800 ounces. The average price realized for Q3 stood at $1,122/oz, while all-in sustaining costs stood at $924/oz. On October 28, the company reported results of an explora- tion campaign at the 144 Gap Zone within the Timmins West Complex, including hole HW820-055, which intersected 6.85 g/t gold from 107.4-166.6 metres. metanor resources inc. [MTO-TSXV] operates the Bachelor Mine in the Le Sueur Township, Québec. It announced Q1 results for its FY 2016 on November 30. Gold production stood at 8,060 ounces, with 7,797 ounces sold. On December 17, the company reported drill hole data for its Moroy property, south of the Bachelor Mine. Highlights included hole MO-15- 104, which intersected 5.4 g/t gold from 78.4-88.5 metres. midland exploration inc. [MD-TSXV] has several partnerships in place for proj- ects in the Abitibi Gold Belt. On November 25, it announced the start of a ground geo- physics program at the Patris gold project located in the Destor-Porcupine fault zone. On November 12, the company announced that it had identified new priority drill holes on Jouvex property in partnership with SOQUEM Inc. It also closed a private placement for total proceeds of just over $710,000 on November 20. NioGold mining corp. [NOX-TSXV; NOXGF-OTCQX; NG1-FSE] has several properties across the Cadillac, Malartic and Val-d'Or mining camps in Québec. On December 8, it announced results from a final series of drill holes of a campaign at its wholly-owned Marban Block prop- erty in the Malartic gold camp. Highlights included hole MB-15-561, which returned

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