VMS Ventures Inc.: Drill Hole RD-08-73 Intersects 11.70 Metres of 6.12% Copper, at Reed Lake Discovery Zone, Snow Lake, Manitoba

VMS Ventures Inc. announce results from drill hole RD-08-73 at its Reed Lake Discovery Zone near Snow Lake, Manitoba. Vice President of Exploration, Dr. George Gale, states: “Hole RD-08-73 was drilled below, and at the same azimuth as, holes RD-08-61, RD-08-51 and RD-08-54 near the western edge of our drilling pattern, but approximately 25 m east of the western most section drilled. The intersection... Read more..

Wallbridge Mining and Lonmin Approve $1.5 million for 2009 Sudbury Camp Joint Venture Exploration Program

Wallbridge Mining Company Limited announced that Wallbridge and its joint venture partner major platinum producer Lonmin Plc, have approved C$1.5 million of funding to carry out the 2009 work program on the Wallbridge/Lonmin Sudbury Camp Joint Venture (”SCJV”) properties. The funding provides for approximately 3,700 metres of diamond drilling and other exploration work for the period from... Read more..

Duluth Metals Continues to Receive Wide Significant Mineralized Intersections on Nokomis Deposit Drilling

Duluth Metals Limited announced significant new assays for 15 holes drilled in the Nokomis Deposit located near Ely, Minnesota. Of particular interest, Hole MEX-141, has expanded the Eastern High Grade Corridor (see October 27, 2008 press release) to the south-west, intersecting a 35.0 foot section of 1.201% copper, 0.436% nickel, and 1.468 grams per tonne (g/t) Total Precious Metals (TPM=Platinum+Palladium+Gold)... Read more..

GHR’s prospecting efforts return 12 g/t gold, and 9.26% copper

Golden Harp Resources Inc. reported gold and copper values of significant interest from a prospecting program initiated on its 100%-owned Copper Hill Gold Project, located approximately 100 km due south of Timmins. Highlights include 12 g/t gold from east of the MC Zone, and 9.26% copper and 1.26 g/t gold from northeast of the Copper Hill Zone. A prospecting program was initiated during the recent... Read more..

High Desert Gold Corporation Announces Substantial Issuer Bid at Cdn.$0.27 per Share

High Desert Gold Corporation announced a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase for cancellation a maximum of 36,000,000 common shares of the Company (”HDG Shares”) (approximately 87.7% of the currently issued and outstanding HDG Shares) at a price of Cdn.$0.27 per HDG Share. The purchase of HDG Shares will be financed from... Read more..

Romios Gold’s Drilling Continues to Cut Bonanza Grade Mineralization at Newmont Lake Project

Romios Gold Resources Inc. report that the diamond drill program at its Newmont Lake property located in the Galore Creek area of northwestern British Columbia continues to encounter bonanza grade mineralization within a breccia that characterizes the North West Zone mineralization. Additional drilling was carried out as part of the 2008 exploration program to expand the known resource at Newmont... Read more..

Exeter Resource Corporation: Caspiche Drilling Extends Area of Excellent Grade Gold-Copper Mineralization

Exeter Resource Corporation reports excellent grades from drill hole CSD023, the first hole completed this season at its Caspiche gold-copper porphyry project in the Maricunga district, Chile. CSD023 intersected: - 102.0 metres (”m”) (335.0 feet (”ft”)) at a grade of 0.65 grams per tonne (”g/t”) gold (0.019 ounces per ton (”oz/ton”)), from surface to... Read more..

Canstar Resources Inc. Commences Drilling on the CBS Project, Newfoundland; Mary March Adjudication Hearing Begins

The Directors of CANSTAR RESOURCES INC. announce that drilling has commenced on the Company’s CBS base and precious metal project on the Avalon Peninsula, Newfoundland. The program is designed to test a number of airborne conductors identified in the recently completed VTEM survey. Drilling will focus on selected airborne conductors as well as the Pastureland base and precious metal showing located... Read more..

Freewest Set to Resume Diamond Drilling on Its 100%-Owned McFaulds Property in Northern Ontario

Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. announces that diamond drilling is set to resume on the Company’s wholly-owned McFaulds property (the “Property”). The Property, consisting of 4 mineral claims or 1036 hectares, comprises one of three properties in which the Company is currently exploring, on its own and in strategic joint-ventures in the emerging... Read more..

Golden Harp intersects 1.45 g/t gold over 8.8 m, including 5.05 g/t gold over 1 m at Golden Sylvia

Golden Harp Resources Inc. announced partial results from the Company’s recent diamond drill program (6 holes, 1623.4 metres) at the Copper Hill gold and base metal property in Northern Ontario. Two holes (158.9 metres) were drilled on the Golden Sylvia (GS) Zone – Results are included below. Four holes (1464.5 metres) were completed on or proximal to the Company’s new MC Zone; numerous... Read more..