Ivanhoe Mines and Rio Tinto Reaffirm Readiness To Engage in Investment Agreement Negotiations With Mongolia for Development of Oyu Tolgoi Project

John Macken, President and CEO of Ivanhoe Mines, and Bret Clayton, Rio Tinto’s Chief Executive, Copper & Diamonds, said today that they were looking forward to engaging in negotiations with the Mongolian Government to conclude an Investment Agreement for the development of the Oyu Tolgoi copper-gold... Read more..

Two gold mining and exploration companies; Ivanhoe mines and Entree Form joint venture

Ivanhoe Mines Ltd has notified Entree Gold Inc that its subsidiary, Ivanhoe Mines Mongolia Inc. XXK, has incurred expenditures of US$35 million on exploration of the Entree-Ivanhoe Mines area covered by the 2004 earn-in agreement (the “Earn-In Agreement”). once this level of expenditures... 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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Kalimantan Gold Corporation Limited: Initial Resource Statement for the Mewet Vein at the Jelai Gold Project

Kalimantan Gold Corporation Limited announce the initial resource statement for only one of five main veins identified at the Company’s 100%-owned Jelai gold project in East Kalimantan, Indonesia. The Mewet Vein resource block is based on 23 drill holes and is contained within a 250 metre section... Read more..

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Intrepid Mines Limited: Paulsens Mine Life Extension Update

Intrepid Mines Limited wishes to provide the market with an update on the mine life extension of the Paulsens Mine in Western Australia. Published gold ore reserves at January 2008 were 163,000 ounces down to approximately 300 metres from surface. The mineralisation on the main orebody was initially... Read more..

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Endeavour Silver Discovers Four New Zones of High Grade Silver-Gold Mineralization at Guanajuato Mines Project in Guanajuato State, Mexico

Endeavour Silver Corp. announces that exploration drilling on its Bolanitos properties at the Guanajuato Mines project in Guanajuato State, Mexico has encountered four new zones of high grade silver-gold mineralization. The best results to date are in drill hole SJS-1, which intersected 374 grams per... Read more..

Richmont Mines and LKA Agree to Extend Initial Commitment Period to Complete Current Golden Wonder Drilling Program

Richmont Mines Inc. a gold exploration, development and production company with operations in North America, and LKA International, Inc. have agreed to extend by sixty days the “Initial Commitment Period” described in the amended and restated “Letter Agreement” dated December... Read more..

Golden Valley Mines Ltd.: Otish Basin Uranium Exploration Project Update Phase I Drill Program and Airborne Survey

Golden Valley Mines Ltd. and its partner Lexam Explorations Inc. report on their exploration activities on the Mistassini-Otish Basins Uranium Project, located in north-central Quebec, Canada. Phase I Drill Program: Drilling was completed this week with a total of forty-two (42), shallow diamond drill... Read more..

Afri-Can and Deep South Receive Approval From the Ministry of Mines and Energy of Namibia for the Option With Teck Cominco on the Haib Copper Project, Namibia

Afri-Can Marine Minerals Corporation and Deep South Mining (PTY) Ltd. announce that the option and joint venture agreement with Teck Cominco Namibia Ltd., has been approved by the Ministry of Mines and Energy of Namibia. The Agreement is effective on July 28, 2008. The Haib Copper Project in southern... Read more..

Golden Valley Mines Ltd.: Abitibi Grassroots Exploration Program Update Diamond Drill Program Underway-Venus New Prospect (Val-D’or, Quebec)

Golden Valley Mines Ltd. report on drilling activities for the Company’s Abitibi Greenstone Belt “Grassroots Exploration Project”. Diamond Drill Program in Progress – Val-d’Or, Quebec: A first phase drilling campaign is underway on the Venus New Prospect (gold target: map... Read more..