DISCOVERY VENTURES INC. CLOSES WILLA PROPERTY ACQUISITION and ANNOUNCES RESOURCE ESTIMATE

Feb 20, 2013

VANCOUVER – Discovery Ventures Inc. (“Discovery” or the “Company”) (TSX VENTURE:DVN) is pleased to announce that further to its news release of November 19, 2012, the TSX VentureExchange (“TSXV”) has accepted for filing a transaction wherein the Company was granted an option to acquire an interest in the Willa property located in the Slocan Mining Division, British Columbia, south of the town of Silverton B.C. (the “Property”). Pursuant to the option agreement with 0951719...

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PRELIMINARY ECONOMIC ASSESSMENT OF NORTHERN FREEGOLD’S NUCLEUS AND REVENUE DEPOSITS GENERATES $615 MILLION NPV AND 23% IRR

Feb 20, 2013

Northern Freegold Resources Ltd. has released the results of a National Instrument 43-101-compliant preliminary economic assessment for the Nucleus and Revenue deposits at the road-accessible Freegold Mountain project in Yukon, Canada. The project is 100% owned by Northern Freegold (the “Company”). The PEA was prepared by GeoVector Management Inc. The PEA was prepared as an open pit mining project. The project expects to yield a pre-tax net present value of $614.8 million and an...

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Sierra Iron Ore Corp. Initiates Legal Action Against A Neighboring Company to the Mazomique Property

Feb 20, 2013

VANCOUVER, Jan. 8, 2013 /PRNewswire/ – SIERRA IRON ORE CORP (the “Company”) in conjunction with “Aztec Zinc de Mexico S.A. de C.V” has initiated legal action against a neighboring company that owns and operates a mine on adjacent property to the recently optioned Mazomique property that is located south of the El Creston property. The legal action claims that the neighboring company has illegally crossed the property lines and has been operating and extracting...

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