High Grade Gold Values up to 81.57 g/tonne Gold Intersected on the Silver Coin Project

Pinnacle Mines Ltd and Mountain Boy Minerals Ltd announce that initial assays for the first four holes of the 2008 drill program on the Silver Coin Project have been received. Two holes, 232 and 233, have long intersections of gold mineralization. At present, over 11,000 meters of drilling have been... Read more..

Gold World Resources’ due diligence visit by SRK Consulting China to Kun Peng Mining Company and Jiguanshan Mining Company, Inner Mongolia, China, update

Gold World Resources Inc. report that SRK Consulting China (”SRK”) has completed the field work portion of the due diligence investigation the Company is currently carrying out on properties owned by the Kun Peng Mining Company (”Kunpeng”) and the Jiguanshan Mining Company (”Jiguanshan”),... Read more..

NovaGold Resources Inc. to sell NovaGreenPower for $40 Million

NovaGold Resources Inc has published a report saying that it has reached a binding agreement to sell 100% of its NovaGreenPower subsidiary for up to $40 million to AltaGas Ltd., a Calgary based energy infrastructure company. NovaGreenPower owns several development-stage run-of-river hydroelectric projects... Read more..

Anglo Swiss Resources’ Kenville Gold Mine Property Drill Program Extended Due to Recent Findings on New Multiple Gold Vein System

Anglo Swiss Resources Inc. is pleased to report on the current activities and advancements on its Kenville Gold Mine property. The Kenville property is currently undergoing extensive exploration and development to meet the Company’s objectives for fiscal 2008. The Company is currently exploring... Read more..

Nuinsco Resources Limited Completes $1.09 Million Flow-Through Financing

Nuinsco Resources Limited announces that it has completed a $1.09 million non-brokered private placement financing. Gross proceeds of $1.09 million were received in consideration of the issuance of 3,633,333 common shares of the Company issued on a “flow-through basis” (each, a “Flow-Through... Read more..

Minco Silver Corporation to appoint its new Chief Operating Officer

Minco Silver Corporation is reported to to the media that the company has appointed Mr. Christopher Zahovskis has been appointed as Chief Operating Officer for Minco Silver. Mr. Zahovskis will be based at the Head Office in Vancouver, Canada and will be responsible for the day-to-day operations of the... Read more..

Minefinders Reports Delay to First Gold and Silver Pour at Dolores

Minefinders Corporation reports that the initial gold and silver pour from its Dolores Mine in Mexico has been delayed from mid-July until later this quarter. The revised timing for initial gold and silver production will affect previously released production estimates for 2008, but should not have an... Read more..

Kinross Gold to buy Aurelian Resources for $1.18B in stock

Kinross Gold Corp is reported by the media that the company will acquire Canada-based Aurelian Resources Inc. for more than $1 billion in a move designed to boost its mining reserves. Toronto-based Kinross will pay 0.317 Kinross shares, plus 0.1429 of a warrant, for each Aurelian share. The warrant will... Read more..

Minco Silver and Sterling Mining on Proposed Business Combination

Minco Silver and Sterling Mining Company told the media that they have signed a letter of agreement whereby Minco Silver will acquire 100% of the issued and outstanding shares of Sterling (the “Transaction”). The transaction will result in Minco Silver controlling two world class silver deposits... Read more..

Brownstone Resources Set to Start Drill Program

Brownstone Resources Inc. is pleased to announce that the company has approved the proposal for the “Phase One” development plan for the companies jointly owned “LS Grande” gold/silver/copper property located in NE Arizona. Based on the current and historical information provided... Read more..