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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Freewest Set to Resume Diamond Drilling on Its 100%-Owned McFaulds Property in Northern Ontario

Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc. announces that diamond drilling is set to resume on the Company’s wholly-owned McFaulds property (the “Property”). The Property, consisting of 4 mineral claims or 1036 hectares, comprises one of three properties... Read more..

Noront Resources Ltd.: Windfall Project Phase 1 Underground Exploration Ramping Program Now Completed

Noront, the Company, announce the successful completion of its 2008 underground access program (ramping) to further sample and assess several significant gold discoveries previously discovered in surface diamond drill programs by Noront and others at Windfall Lake. The underground 1,432 meters of ramping... Read more..

Freewest Updates Exploration Activities on Its McFaulds Project in Ontario and Windfall Project in Quebec

Mackenzie I. Watson, President and CEO of Freewest Resources Canada Inc., is pleased to provide the following exploration update on the Corporation’s McFaulds project located in northern Ontario and on its Windfall project situated in central Quebec. MCFAULDS PROPERTIES: The McFaulds project comprises... Read more..

Arianne Resources Inc.: Better Than Expected Results on the Lac a Paul Phosphorous Property

The management of Arianne Resources Inc. report drilling results from the Pau Zone, one of the three mineralized zones of its Lac a Paul phosphorous-titanium property located in Quebec. The drilling campaign on the Pau Zone and Zone 2 was completed November 20, 2008 and drilling on the Man Zone will... Read more..

Ateba Resources Inc. Announces Revocation of Cease Trade Orders

Ateba Resources Inc. (”The Company”) is pleased to announce that effective December 18, 2008, the following cease trade orders previously issued against the Company have all been concurrently revoked by the relevant provincial securities regulators: a) an order issued by the Ontario Securities... Read more..

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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..

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..

Golden Share Options the Pistol Lake Gold Property in the Shebandowan Belt, Ontario, Canada

Golden Share Mining Corporation announce that it has entered into an option agreement dated October 9th 2008 with a local property owner to acquire a 100% interest in the 29 claim (122 claim unit), 26.9 km2 Pistol Lake Gold Property located in Northwestern Ontario, Canada. The Pistol Lake property is... Read more..

Dynamite Resources Completes 10,000 m Diamond Drill Program on the Upper Skarn Ridge Target at Mike Lake Project, Yukon

Dynamite Resources Ltd announce that it has successfully completed 10,004 m of diamond drilling in 68 holes at the Upper Skarn Ridge target at the Company’s Mike Lake Gold-Copper Project in west-central Yukon. The property is located 25 km north of the former Brewery Creek gold mine and is 70 km... Read more..