Resource Company News Directory

Orezone Gold Submits Bomboré Mining Permit to Burkina Faso Government

Gold – Orezone Gold (TSX:ORE) reported that it has submitted a mining permit application for the construction and operation of the Bomboré gold project to the government of Burkina Faso. The permitting process will take four to eight months, which includes public hearings and a review by the Ministry of Mines and Energy, the Ministry of Environment and Durable Development, and the National Mining Commission. Discussions with the local population are well underway with respect to the Resettlement Action Plan.

Kapuskasing Gold Completes Prospecting and Sampling at Borden North

Gold – Kapuskasing Gold (TSXV:KAP) announced the completion of further prospecting and sampling at the Borden North property in northeastern Ontario. New sulphide occurrences were sampled over several kilometres of strike length along the "S" fold feature, which is where the mineralized gossan assayed late last year is located. Kapuskasing Gold is planning an airborne EM survey to further delineate the zone. The Company's exploration team has now moved to the Rollo property, which is located between IAMGOLD's Cote Lake gold deposit and Probe Mines' Borden Gold project, for follow up drilling on the high-grade gold mineralization identified late last year.

NexGen Energy Confirms High Grade Uranium at Northeast Edge of the Arrow Zone

Uranium – NexGen Energy Ltd. (TSXV:NXE) released further assay results from its Winter 2015 program at at the Arrow zone, Rook I property in the Athabasca Basin in Saskatchewan. The high grade cores within A2 and A3 shears have been expanded, and confirmed and exceeded expectations with assay results from angled drill holes AR-15-39, -39w1, and -41. An angled drill hole has confirmed the presence of high grade uranium at the northeast edge of the Arrow zone. Preparations are underway for a five-rig drill program slated to start in early- to mid-June.

Levon Resources Reports SciVac’s Nomination of David Rector as Independent Director

Silver – SciVac Ltd. has advised Levon Resources (TSX:LVN) of its plans to nominate David Rector as an additional independent director of the Company upon closing of the plan of arrangement between SciVac, Levon Resources previously announced an arrangement agreement to acquire issued and outstanding shares of SciVac Ltd., a privately owned company in the commercial-stage biotech industry.