New Gold Zones Defined in Exploratory Step-Out Drilling at Lydian’s Amulsar Discovery in Armenia

Lydian International Ltd., a diversified U.K. mineral exploration and development company, today announced results from further exploratory and step-out drilling at its Amulsar gold discovery in Armenia. Results from 7 reverse circulation drill holes aimed at testing the potential for gold mineralisation located immediately to the south and 1.6km to the northwest of the central [...]

November 12th, 2008

Explorator Resources Intercepts Additional Manto Hosted Oxide Copper-Gold Mineralisation in the Rachel Area at the El Espino Project

Explorator Resources Inc. announce that it continues to intersect significant copper-gold mineralization in its Phase Three 30,000 meter drilling program at the El Espino Project in Chile.
The drilling program in the Rachel area is designed to upgrade resources from the inferred to indicated category as well as extend the resource area.
“Results recently received demonstrate continuity [...]

November 11th, 2008

Kalimantan Gold Corporation Limited: Initial Resource Statement for the Mewet Vein at the Jelai Gold Project

Kalimantan Gold Corporation Limited announce the initial resource statement for only one of five main veins identified at the Company’s 100%-owned Jelai gold project in East Kalimantan, Indonesia. The Mewet Vein resource block is based on 23 drill holes and is contained within a 250 metre section within a known vein structure of more than [...]

November 11th, 2008

Cadence announces completion of amalgamation with subsidiary of Barrick Gold Corporation

Cadence Energy Inc. (formerly, Kereco Energy Ltd.) (”Cadence”), announced that at a special meeting of holders of Cadence common shares held today, a going private transaction involving the amalgamation (the “Amalgamation”) of Cadence and 1426384 Alberta Ltd. (”Newco”), an indirect wholly-owned subsidiary of Barrick Gold Corporation (”Barrick”), was approved. Barrick, through Newco, indirectly held 57,265,392 [...]

November 11th, 2008

Premier - Sutter Drilling Expands High Grade Gold Mineralization at Santa Teresa Including 24.40 gpt (0.71 opt) Across 2.0 Metres

PREMIER GOLD MINES LTD release full assay results, including several new values, from the initial 23 holes drilled at the Santa Teresa Concession in Baja California, Mexico. These new results, with intercepts as high as 24.40 grams per tonne (g/t) or 0.71 ounces per ton (opt) gold across 2.0 metres (m), and 14.9g/t Au (0.44 [...]

November 11th, 2008

Technical Report proposes immense mineral potential tonnages in polymetallic black shale at Dumont’s SBH Property, Alberta

DUMONT NICKEL INC. announce that a NI-43-101 compliant Technical Report for its 100% held Alberta SBH polymetallic black shale Property has been filed on www.SEDAR.com. The Report is also available from DUMONT’s website. DUMONT concluded acquisition of the Property in July, 2008, and has not yet conducted exploration work on it. The Report [...]

November 11th, 2008

Pacific Gold Corp. Announces Oregon Gold Spin Off

Pacific Gold Corp. announced that it has received consent from Yorkville Advisors (formerly Cornell Capital Partners) to release 20% of the shares of its wholly owned subsidiary Oregon Gold, Inc. to enable them to be distributed to the shareholders of Pacific Gold Corp.
Pacific Gold will distribute 20% of the Oregon Gold common shares by way [...]

November 10th, 2008

Dia Bras Increases Resources at its Bolivar Cu-Zn Project and Plans New Mill on Site

Dia Bras Exploration announce that it has received an updated Resource Evaluation for the Bolivar Cu-Zn Project, effective September 25th, 2008 and dated October 31st, 2008 that was conducted by Yann Camus, P. Eng. Geo., from SGS Geostat Ltd., independent Qualified Person under NI 43-101 standards.
“The pilot mining program initiated by the Company in late [...]

November 10th, 2008