Northern Gold Mining Inc. Signs Letter of Intent With ValGold Resources Ltd.

Martin Shefsky, President and CEO of Northern Gold Mining Inc., reports that the company has entered into a letter of Intent with ValGold Resources Ltd. The agreement covers the Garrison gold property, consisting of thirty-five patented claims in Garrison Township, approximately 40 kilometres north of... Read more..

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Eaglecrest Samples 16.2 Grams Per Tonne Gold on Surface at the Buriti Gold Zone, San Simon Project, Bolivia

Eaglecrest Explorations Ltd. report that a new exploration work has highlighted the Buriti gold target at the San Simon project in Northeastern Bolivia. As part of the on-going district exploration program, a total of 68 surface rock chip samples were collected in November-December 2008 and returned... Read more..

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Searchlight Minerals Corp. Receives Certificate of Occupancy for Electrowinning Building at Clarkdale Slag Project

Searchlight Minerals Corp. announce that the Company received a Certificate of Occupancy from the Town of Clarkdale, Arizona, for the electrowinning building at its Clarkdale Slag Project on December 30, 2008. “I would like to compliment our staff, contractors and construction crews on the achievement... Read more..

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Sampling from Douglas Lake’s Mbwemkuru project confirms gold and platinum content

Harp Sangha, President/CEO of Douglas Lake Minerals announce the results from the analytical assessment of 5.1 kg of heavy mineral concentrates recovered from 127 samples of gold bearing alluvial material totaling 19.2 tonnes from the Company’s wholly owned Mbwemkuru Alluvial Gold Project located... Read more..

Great Basin Gold Acquires Mill, Updates Operations and Finances

Great Basin Gold Ltd. announces that it has signed an agreement with Metallic Ventures Gold Inc, whereby the Company will purchase the Esmeralda processing plant (”Mill”) in Nevada, inclusive of the Esmeralda mine and infrastructure for US$2 million. The Company’s decision to purchase... Read more..

Apollo Gold Update Development Activities and Financing of the Black Fox Mine

Apollo Gold Corporation provide an update on the financing of and status of project development related to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie”) and RMB Resources Inc. (“RMB”) as joint arrangers... Read more..

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Central Sun Mining Inc.: High Grade Gold Intersected at Orosi; New Resource Estimation in Progress for Limon & Orosi

Central Sun Mining Inc. provide the final results from its successful 2008 exploration program at the Limon and Orosi Mine areas and the Mestiza-La India project in Nicaragua. “The 2008 exploration program has been very successful; we have achieved our objectives of outlining new gold zones that... Read more..

Silverstone Purchases Life of Mine Gold and Silver From Sherwood Copper Corporation’s Minto Mine

Silverstone Resources Corp. announce that it has agreed to acquire 100% of the life-of-mine payable gold and silver production from Sherwood Copper Corporation’s (”Sherwood”) Minto mine located in the Yukon, Canada effective December 1, 2008. With this acquisition, together with Silverstone’s... Read more..

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RiverRun Option’s Properties in Peru’s Gold Sands Mining District

RiverRun Resources Inc. announces that the company has entered into a Mineral Right Option Agreement in Peru, South America. RiverRun President, Mr. Jose Lenzi stated, “We are extremely optimistic about the opportunity we have now in front of us to be part of the development of the promising new... Read more..

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Atna Reports Third Quarter Progress at Pinson Gold Project, Nevada

Atna Resources Ltd., report activity at the Pinson Gold Mine in Humboldt County, Nevada. Pinson Mining Company, a subsidiary of Barrick Gold, spent US$5.0 million on drilling and development activities at Pinson in the third quarter of 2008 bringing their total project-to-date expenditures to US$18.2... Read more..