Adventure Gold Announces Closing of $550,000 Flow-Through Private Placement With MineralFields

Adventure Gold Inc., a mining exploration company with strategic properties in the Val d’Or region of Quebec, is pleased to announce the closing on October 30th of a non-brokered flow-through private placement with the MineralFields Group for gross proceeds of $550,000 (the “Offering”).... 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..

Olympus Seeks Approval to Continue Toll Treating Phuoc Son High Grade

Olympus Pacific Minerals Inc. announce that the Company has recorded its highest gold production month during December 2008.The initial three-month trucking and toll treatment trial of ore through the Company’s Bong Mieu plant from its second mining operation at Phuoc Son has proved to be successful... Read more..

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Mengold Reports on Diamond Drill Program at Goldcreek

Mengold Resources Inc. has compiled all of the results from a 13-hole 2,212m diamond drilling program on the Goldcreek Property conducted in the fall of 2008 as part of a joint venture between Mengold and Solomon Resources Limited. The drill program targeted the I-Zone in the northwest of the Property... Read more..

Zaruma Resources reports TSX reviewing Listing

Zaruma Resources Inc., announced that it has been advised by the Toronto Stock Exchange that the TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company. It is the Company’s understanding that the TSX is primarily concerned with the Company’s... Read more..

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Bear Lake Gold Adds a Third Drill Rig at Larder Lake

Bear Lake Gold Ltd. announces that it has mobilized an additional drill rig to accelerate the pace of the Phase 1 exploration program totalling 11,000 meters at its Larder Lake Project in Ontario. Recently, the contractor managed to drill successfully through a bad ground area associated with a fault... Read more..

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Avalon Ventures Ltd.: Summer Drilling Program Produces Best Results to Date From Lake Zone REE Deposit, Thor Lake, NWT

Avalon Ventures Ltd. announce assay results from the final 31 holes drilled in July, August and September, 2008 on the Lake Zone Rare Earth Element (”REE”) deposit on its 100% owned Thor Lake Rare Metals project located near Yellowknife, NWT. These holes were designed to define the southern,... Read more..

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Exploration Orbite V.S.P.A. Inc.: Private Placement of a Maximum of $200,000

Exploration Orbite V.S.P.A. Inc. wishes to annouce that it is proceeding with a private placement of a maximum of 20 units at $10,000 per unit. That private placement is addressed to “qualified investors” only. Each unit is made up of 56,250 class “A” flow-through shares at $0.16... Read more..

MetalCORP and Kennecott Sign Agreement on the GUP Project Located 300km West of Thunder Bay, Ontario, CANADA

MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..

IAMGOLD and Orezone Announce Business Combination

IAMGOLD Corporation and Orezone Resources Inc. jointly announced that they have entered into a definitive arrangement agreement whereby IAMGOLD would acquire, via a plan of arrangement, all of the outstanding common shares of Orezone in a supported, all-share transaction. Total consideration is valued... Read more..