Polar Star-3 Meters of 31.67 g/t Gold Plus 0.78% Copper at Chepica Mine

Polar Star Mining Corporation announces preliminary results from the first thirty diamond drill holes completed on the Chepica No1 Vein system as part of its ongoing due diligence review of the Chepica Mine property, Talca, Region VII, Chile. Drilling continues on the Chepica No2 Vein system. The sulphide... Read more..

SearchGold Options Arae-Gassel Property in Burkina Faso, Previous Drill Intercepts up to 1.49 g/t Au Over 130 M on Strike With Wega Mining’s 1.4 Million Oz Au Inata Deposit

SearchGold Resources Inc. announce that it has entered into an option agreement dated September 18, 2008, with Somika SARL (”Somika”) to acquire 100% interest in the 400 km2 Arae-Gassel Gold Property (”Arae-Gassel”) located in northern Burkina Faso, West Africa, See attached figure:... Read more..

North American Palladium Announces Temporary Closure of Lac Des Iles Mine Due to Depressed Metal Prices

North American Palladium Ltd. announced that due to declining metal prices it will temporarily place its Lac des Iles Mine (LDI) in Thunder Bay, Ontario on a care and maintenance basis effective October 29, 2008. The closure will result in the layoff of approximately 350 employees. Details for a conference... Read more..

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Anglo Swiss Resources Inc. Announces Strong First Assay Results at Kenville Gold Mine Property

Anglo Swiss Resources Inc. announces its initial assay results from multiple high-grade gold and silver intercepts in several newly discovered mineralized quartz veins. During the 2008 drill program, the vein system has been traced for at least 700 meters (2296 feet) through the western side of the 100%... Read more..

Unico, Inc. Announces Results From Geological Work Conducted by Behre Dolbear and Company at the Deer Trail Mine

Unico, Incorporated, a natural resource company in the precious metals mining sector, announced results from the Final Summary Report submitted by Behre Dolbear and Company (USA) on geological analysis and evaluation completed at the Unico’s Deer Trail Mine in Marysvale, Utah. The report includes... Read more..

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Alexis Discovers Copper-Rich Massive Sulphide Zone With 54.0 Metre Copper-Rich Stringer Zone Adjacent to the Louvicourt Mine in Val d’Or, Quebec

ALEXIS MINERALS CORPORATION report that wedged hole 17314-10B has intersected volcanogenic massive to semi-massive sulphides grading 6.81% Copper (Cu) over 3.45 metres in deep drilling in Val d’Or. The massive sulphide horizon sits directly above a substantial 54.0 metre-wide, alteration and copper-rich... Read more..

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Champion Minerals Outlines Massive Sulphide Potential with New Gravity-Magnetic Anomalies at Gullbridge in Buchans Mining Camp

CHAMPION MINERALS INC. announce the completion of a gravity geophysical survey at the Company’s Gullbridge Base Metals Property in the Buchans Mining Camp, central Newfoundland. Champion has the option to acquire a 51% interest in the Property by paying $30,000, completing $800,000 in exploration... Read more..

Pan American Silver Announces Discovery of New High Grade Silver Zone at Its Morococha Mine

Pan American Silver Corp. announced high grade drill results from the newly discovered Morro Solar vein at its Morococha mine in Peru. The Morro Solar vein is located in the Codiciada mining zone, approximately 1.7 km north west of the Central shaft. Access to the uppermost part of the vein is from a... Read more..

Gemini Explorations, Inc. Receives Additional $50,000 Tranche for Use in the Redevelopment of Its La Tapata Gold Mine

Gemini Explorations, Inc. announce that it has received an additional $50,000 tranche from a $500,000 financing which was detailed in a news release dated August 15, 2008. This tranche brings the total received from that financing to $200,000 and will be utilized to fund Gemini’s ongoing redevelopment... Read more..

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Capital Gold Announces Record Gold Production at Its El Chanate Mine

Capital Gold announced that the Company produced 4,350 ounces of gold in September at its El Chanate mine in Sonora, Mexico, bringing the combined production for August and September to a record two month total of 9,100 ounces, over 1,000 ounces more than any previous two months. Meanwhile cash costs... Read more..