Diamond Discoveries Reports a New Chromium Discovery on Caribou Property

Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the Canadian province of Quebec, is pleased to announce that it has received all results from the exploration work completed in the 2008 field season, on their 100% owned Caribou Property near Thetford Mines. The results have confirmed the presence of high chromium (Cr2O3) mineralization... 

Crystallex Comments on Market Activity and Las Cristinas

Crystallex International Corporation reported that it is aware of certain comments related to the Las Cristinas gold project attributed to President Chavez in Venezuela. Outside of the media coverage, the Company has not been notified of any changes in position by the Venezuelan Government regarding the Las Cristinas Project or the Mine Operating Contract (”MOC”). Crystallex staff and... 

Yale and Enviro Energy Start Work Program at Zacatecas

Yale Resources Ltd. announce that its partner Enviro Energy Capital Corp. has started its first phase work program on the Mina San Jose, Zacatecas and Salvador claims that form the Zacatecas Venture. Yale owns 65% of the Zacatecas Venture with IMPACT Silver Corp. owning the remaining 35%. Enviro has an option to earn 100% of Yale’s ownership by making staged cash payments totaling $150,000,... 

Eaglecrest Samples 16.2 Grams Per Tonne Gold on Surface at the Buriti Gold Zone, San Simon Project, Bolivia

Eaglecrest Explorations Ltd. report that a new exploration work has highlighted the Buriti gold target at the San Simon project in Northeastern Bolivia. As part of the on-going district exploration program, a total of 68 surface rock chip samples were collected in November-December 2008 and returned gold values that varied from below detection (0.3 grams per tonne gold) to 16.2 grams per tonne gold.... 

Mexoro Minerals Announces Inferred 15.25 Million Tons Grading 2.62 g/t Gold Equivalent at Its Cieneguita Project in Mexico

Mexoro Minerals Ltd. announce that it has updated its preliminary technical report estimate at its Cieneguita Project located in Chihuahua, Mexico. The Company finalized its current drilling program finishing 100 holes for a total of 20,215 meters of drilling. The Company is waiting for the results from 48 of these drill holes to come back from analysis by ALS Chemex labs. Once all the results have... 

Latest Drilling at Gaoua Confirms Historical Data and Uncovers New Mineralization

Volta Resources Inc. report more significant copper-gold intercepts from the last drill holes of its 2008 diamond and reverse circulation (”RC”) drilling program at Volta’s Gaoua copper-gold porphyry project in southern Burkina Faso, West Africa. The latest drilling significantly expands the mineralized envelope towards the west at its Gongondy target, considerably increasing the... 

NovaGold Clarifies Reason for TSX De-listing Review

NovaGold Resources Inc. reminds its shareholders that, as previously disclosed in its press release dated January 2, 2009, the TSX de-listing review was triggered by NovaGold’s reliance on the financial hardship exemption under Section 604(e) of the TSX Company Manual. NovaGold applied to the TSX under the provisions of Section 604(e) of the Company Manual for an exemption from securityholder... 

Hot Web, Inc. Enters Agreement With Sarissa Resources to Acquire Interest in Shining Tree Property

Hot Web Inc. announced that the Company has entered into an option agreement with Sarissa Resources, Inc. to earn up to a 50% interest in the Claims located in the townships of Asquith and Churchill in the Province of Ontario, generally known as the “Shining Tree Property”. The 50% “earn-in” interest will require Hot Web to fund expenditures to begin exploring and drilling the... 

Central GoldTrust Increases Equity Offering to U.S.$38,008,005 as Underwriter Exercises its Right to Purchase Additional Units

Central GoldTrust announce that CIBC World Markets Inc. has exercised its right to purchase an additional 148,000 Units at a price of US$33.83 per Unit, for additional gross proceeds of U.S.$5,006,840 to Central GoldTrust. CIBC World Markets Inc. agreed earlier this morning to underwrite 975,500 Units for gross proceeds of U.S.$33,001,165. The underwritten price of U.S.$33.83 per Unit was non-dilutive... 

Latin American Minerals: Mechanical Trenching Reports 7 gpt Gold over 8.5 Metres at Paso Yobai, Paraguay

Latin American Minerals Inc. reports that mechanical trenching across the Discovery Zone on the Paso Yobai Gold Trend in Paraguay has exposed the gold-bearing zone in all trenches, locally containing coarse visible gold. The Paso Yobai Gold Trend hosting the Discovery Zone has been traced by airborne and ground magnetic surveys along strike for 7 kilometres, and has been outlined by a large regional...