Agnico-Eagle hosts analyst and investor tour at Kittila gold mine in northern Finland

Agnico-Eagle Mines Limited announced that it is conducting a tour for analysts and investors of its new Kittila gold mine and facilities in northern Finland on November 18, 2008. Construction commenced at the 100% owned Kittila mine project in northern Finland in the second quarter of 2006. Kittila has... Read more..

Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... 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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Royal Roads regains 100% ownership of its Burtons Pond gold property, Newfoundland

Royal Roads Corp. announce that the Burtons Pond gold property ownership has reverted back 100% to Royal Roads. In December 2004 Buchans River Ltd. entered into a joint venture agreement which would enable Prominex Resource Corp. to earn a 70% interest in the Property by fulfilling certain obligations.... Read more..

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AngloGold Ashanti Mineral Resource Increases at Tropicana

AngloGold Ashanti Australia Ltd is pleased to announce a Mineral Resource increase for the Tropicana Gold Project in Western Australia. The Tropicana Gold Project, located 330 kilometres east north-east of Kalgoorlie, is part of the Tropicana Joint Venture, which is 70% owned by AngloGold Ashanti Australia... Read more..

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Melkior Resources: Drilling Extends Timmins Gold Bearing Structures

Melkior Resources Inc. announce additional assay results for 16 diamond drilling on the 100% owned Timmins West Property in Carscallen Township, Timmins, Ontario. Assay results for 41 out of 48 diamond drill holes have now been received. The best intersections from this set of assays were from TW-08-10-35... Read more..

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Western Sierra (OTC WSRA) Reports Initial Production Results Targeting $400 Million in Reserves at Gold Basin Mine

Western Sierra Mining Corp. released preliminary ore refining data from production sites at the Gold Basin Mine currently being processed. Specifically, the initial production results from its “Site 76″ at the Gold Basin Mine are producing .75 grams gold per yard of processed ore. Michael... Read more..

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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Appalaches: Two Drills on the Dufferin Gold Mine Site in Nova Scotia

Ressources Appalaches is mobilizing a second drill to the Dufferin Gold Mine site in Nova Scotia. Appalaches is currently conducting a major 3,000-metre drilling campaign as part of its due diligence for the gold mine’s purchase. The objective of the work is to confirm the presence of 13 stacked... Read more..

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Blue Note Makes Significant Gold Discovery in N.B

Blue Note Mining Inc. reports discovering a significant gold occurrence on its Williams Brook property located close to its Caribou Mine near Bathurst, New Brunswick. Drill hole WB-08-11 returned 2.8 meters assaying 11.2 grams of gold per tonne including a half meter section assaying 24.1 grams of gold... Read more..

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