New Jersey Mining Company announces its new gold prosfect

New Jersey Mining Company has a new prospect known as the progress is just west of the Niagara copper-silver deposit. This new gold prospect is located near Murray, Idaho. They have a method called Soil sampling which indicates a zone of gold in soil which is 80 meters and at least 350 meters long. Old... Read more..

New Jersey Mining Company Stakes New Gold Property

New Jersey Mining Company is pleased to announce that it has staked another gold prospect near Murray, Idaho. The new prospect known as the Progress is just west of the Niagara copper-silver deposit. Soil sampling has indicated a zone of anomalous gold-in-soils that is 80 meters wide and at least 350... Read more..

Avocet Mining reports ‘encouraging’ gold grades from Tanoyan prospect phase 1

Avocet Mining Plc. said it has encountered “encouraging” gold grades from phase 1 scout drilling on the Tanoyan prospect in Indonesia. “Artisanal mining at Tanoyan has exploited high grade gold veins above the water table in the upper 40 metres of vein sections, but left the bulk of... Read more..

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Lake Victoria Mining Company, Inc.: Exploring for Gold in Tanzania-New International Board Appointed

Lake Victoria Mining Company, Inc. (OTC BB:LVCA.OB) is recruiting a new team with international business, geology and finance experience. Joining the board of directors is Ahmed A. Magoma and Heidi Kalenuik who has also been appointed and accepted as Secretary and Treasurer, effective immediately. Mr.... Read more..

Company wants to resume gold mining near Garnet

The company that owns the Garnet mining district says rising gold prices have led it to consider reopening mining operations around the Garnet Ghost Town. Aaron Charlton runs the Grant Hartford Corporation. He says the company started exploratory surface testing and drilling for high-grade gold veins... Read more..

Lake Victoria Mining Company, Inc.: African Gold Exploration Company Appoints Renowned Geo as New President and CEO

Lake Victoria Mining Company, Inc has appointed Dr. Roger Newell as president, chief executive officer and director of the company, effective immediately. His extensive experience both in the field and the boardroom are a tremendous asset as Lake Victoria Mining Company looks to expand and develop in... Read more..

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Shares of gold mining companies close higher as the price of the commodity gains in US trading

Shares of gold mining companies closed higher Friday as the price of the commodity gained in U.S. trading. Gold for August delivery rose 80 cents to $915.90 per ounce on the New York Mercantile Exchange. Here is how some gold miners fared. Goldcorp Inc. added $2.02, or 4.6 percent, to $46.36 Gold Fields... Read more..

Pinnacle Mines Ltd. Launches Scoping Review at its Silver Coin Gold Deposit near Stewart, B.C.

Pinnacle Mines Ltd. announce the initiation of a Scoping Review of its majority-owned Silver Coin Gold Project, located in the Stewart Mining Camp of northwestern B.C., Mountain Boy Minerals Ltd. is the Company’s JV partner on Silver Coin. As reported in 2007 by Minefill Services Inc., the Silver... Read more..

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Abitex assays 2.15% U3O8 and 17.25 g/t gold on new discovery in Otish Mountains, Quebec

Abitex Resources Inc. announce a significant new Uranium-Gold discovery on its 100% owned Epsilon property in the Otish Mountains region of Quebec. The new surface outcrop discovery is located approximately 15 km West of Abitex’s Lavoie property under option from AREVA Resources Canada (”ARC”)... Read more..

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Escala Mine Initial Development Nearing Completion

Franklin Mining, Inc. continues to develop the Escala in a joint-venture with Corporación Minera de Bolivia (COMIBOL) and Cooperativa Minera INTI Ltda. Escala Mina I, located in the Sud Lipez Province, San Pablo Canton, Department of Potosi, Bolivia, was established during the Spanish colonial period. Franklin... Read more..

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