Touchstone Gold Limited (TSX:TCH, AIM:TGL) provided updates on their activities up to December 31, 2012 and for exploration for its Segovia Gold Project in Colombia.
As quoted in the press release:
Following the acquisition of the El Cinco property, completed on November 5, 2012, and a business combination with Atlantis Gold Mines Corp. completed on September 11, 2012, Touchstone currently holds a 24,699-hectare concession land package (Figure 1). The asset consists of the advanced Rio Pescado property and the highly prospective San Miguel, Frontino Norte and El Cinco properties, collectively called Touchstone’s “Segovia Gold Project” and hosts high-grade near-surface gold mineralization along an 800-metre strike length and multiple high-grade gold target zones (the “Project”). The Project boasts more than 15 km of prospective strike length in gold mineralization and encouraging drill results with significant high-grade intersections.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
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