High Desert Gold Corporation Announces Substantial Issuer Bid at Cdn.$0.27 per Share

High Desert Gold Corporation announced a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase for cancellation a maximum of 36,000,000 common shares of the Company (”HDG Shares”) (approximately 87.7% of the currently issued and outstanding... Read more..

High Desert Gold Corporation Provides Update on Shareholder Rights Plan

High Desert Gold Corporation provided an update on shareholder rights plan which was adopted effective October 29, 2008, subject to acceptance by the Toronto Stock Exchange (the “TSX”). As previously announced on November 3, 2008, the Company had been advised that Northern Financial Corporation... Read more..

High Desert Gold Corporation Announces Engagement of Financial Advisor and Adoption of Shareholder Rights Plan

High Desert Gold Corporation announced that Wellington West Capital Markets Inc. has been engaged as financial advisor to assist the special committee of the board of directors of the Company in considering the unsolicited take-over bid by Northern Financial Corporation (”Northern”) and to... Read more..

Tag: desert gold mining excersise, desert gold mining exerduse

Jasper Mining Corporation – Significant high grade results from diamond drill program on Isintok property

Jasper Mining Corporation has reviewed metal prices used for the purposes of a copper equivalency (”Cu. EQ.”) calculation. To date, prices from the September 8 – 14, 2008 issue of The Northern Miner were utilized, however, the prices of both copper and molybdenum have since fallen markedly.... Read more..

Exeter Resource Corporation: Caspiche Drilling Extends Area of Excellent Grade Gold-Copper Mineralization

Exeter Resource Corporation reports excellent grades from drill hole CSD023, the first hole completed this season at its Caspiche gold-copper porphyry project in the Maricunga district, Chile. CSD023 intersected: - 102.0 metres (”m”) (335.0 feet (”ft”)) at a grade of 0.65 grams... Read more..

Gold Resource Corporation Updates Mineralized Material Estimate for El Aguila Project

Gold Resource Corporation (GRC) announce results from an internal analysis of delineation drilling at its Arista deposit. The Arista deposit is part of GRC’s 100% owned El Aguila Project in Oaxaca, Mexico. Estimates of in-place mineralized material at the Arista deposit, from Arista and Baja veins... Read more..

Timberline Discovers High-Grade Gold Zone at Butte Highlands

Timberline Resources Corporation announced initial results from drilling at its 100-percent owned, royalty-free Butte Highlands Gold Project. Timberline completed the first four holes (totaling 6,757 feet) of its planned 17-hole surface core drilling program before the early onset of heavy snowfall forced... Read more..

Gold Resource Corporation Intercepts 1.1M of 26.89G/T Gold and 1323G/T Silver (2.15 Oz/T Gold Equivalent) Within 3.4M of 36.07G/T (1.16 Oz/T Gold Equivalent) at El Aguila Project

Gold Resource Corporation reports two greater that 2 ounce gold equivalent (AuEq) intercepts including 1 meter of 26.89 g/t gold and 1323 g/t silver (2.15 oz/t AuEq) within 3.4 meters of 36.07 g/t (1.16 oz /tonne) AuEq in a possible third vein at its Arista deposit. The Arista deposit is part of GRC’s... Read more..

Exeter Resource Corporation: Drilling Continues to Expand the High Grade Escondida System at Cerro Moro

Exeter Resource Corporation reports that diamond drilling continues to significantly expand the high grade Escondida vein system at its Cerro Moro project in Santa Cruz Province, Argentina. Silver results for previously reported diamond drill hole, MD373, which is located approximately 400 metres (”m”)... Read more..

Gold Resource Corporation Mobilizing Equipment for Its El Aguila Project; Looks to First Quarter 2009 Start-Up

Gold Resource Corporation (GRC) report it has begun to mobilize equipment to the Mexico border in preparation for clearing customs and ultimate transport to its Aguila mill in the southern state of Oaxaca, Mexico. The El Aguila Project is targeting gold production first quarter 2009, subject to timely... Read more..