NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

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Dutch Gold Resources Announces Strategic Acquisition

Dutch Gold Resources, Inc., a developer and operator of proven gold mines and a regional mill in North America, today announced that it has entered in a Memorandum of Understanding to merge with Aultra Gold Resources, Inc. (OTC BB:AGDI.OB – News), a junior gold mining and exploration company with... Read more..

Cogitore Resources Inc. Files Estrades Project Feasibility Study

COGITORE Resources Inc. announces that it has filed on SEDAR the feasibility study by engineering firm GENIVAR on the company’s 100% owned Estrades Mining Lease in northwestern Quebec. The study is in the form of a NI43-101 compliant Technical Report and consists of an exhaustive evaluation of... Read more..

Rare Element Resources-Newmont Gold Venture Makes Progress with 2008 Exploration Program

Rare Element Resources Ltd announces that the Sundance gold exploration project, which is a joint venture between Paso Rico (USA) Inc, a subsidiary of Rare Element Resources, and Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (Newmont), has completed additional... Read more..

Vena Resources Discovers High-Grade Coarse Gold at Pucara-Gold/Copper Project in Peru and Expands Development Program

Vena Resources Inc. announce the expansion of the underground and surface development program at the Pucara gold, copper and silver property located 80 kilometres north of Juliaca in the Puno District of southeastern Peru. Pucara is 100% owned by Vena where extensive core drilling has indicated a very... Read more..

Aura Silver Resources Reports Update on the Taviche Property and Announces Acquisition in High Grade Antimony District in Oaxaca, Mexico

Aura Silver Resources Inc. wishes to report a strategic change to their joint venture program with Intrepid Mines Limited on the Taviche properties in Oaxaca, Mexico. As recently reported, the JV has determined that the size and potential of the Higo Blanco project is greater than previously anticipated.... Read more..

Golden Band Resources: Development and exploration update

Golden Band Resources Inc. provide an update on its development-related and exploration activities for its gold projects in the La Ronge gold belt of northern Saskatchewan. DEVELOPMENT: ENGINEERING, LICENSING, AND PRE-FEASIBILITY STUDY Full Pre-Feasibility Study Underway Based on the Company’s... Read more..

Avion Resources Intersects 13.56 g/t Gold Over 22.5 Metres, 800 Metres Northeast of the Tabakoto Pit in Mali

Avion Resources Corp., 80% owner of the Tabakoto and Segala gold projects located in Mali, West Africa, today announced the results from exploration drilling outside of the historic resources and from a surface rock sampling program of debris from orpeilleur prospecting pits. Results from 12 of 26 holes... Read more..

Galway Resources reports 40 feet of high grade mineralization at the Victorio project

Galway Resources Ltd. announce more encouraging drilling results from the Victorio molybdenum-tungsten project located in southern New Mexico. The 12-hole, 25,000 foot, phase 2, infill drilling program was recently completed with six holes being reported on thus far and the results of two additional... Read more..

Golden Band Resources Arranges Non-Dilutive $3 Million Exploration Funding

Golden Band Resources Inc.announced that it has entered into an Option Agreement with Santoy Resources Ltd. (”Santoy”) whereby Santoy will expend $3,000,000 on several of the Company’s more-advanced projects in the La Ronge Gold Belt of northern Saskatchewan. The work, which will consist... Read more..