Mexivada starts diamond mining at Kono, Sierra Leone; Larger diamond found at Lepandza, ROC Congo

Sierra Leone Projects: Mexivada Mining Corp. (MNV.V) has begun diamond mining near Koidu Town, in the heart of the famous, world class Kono mining district of Sierra Leone. Hundreds of millions of US Dollars worth of diamonds are produced from the district every year, including many fancy-colored stones.... Read more..

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Lakota Resources announces excellent results from the first hole of diamond drilling at Tembo, Tanzania

Ian F.T. Kennedy, President and CEO of Lakota Resources Inc. announce assay results from the first diamond drill-hole hole on its Tembo Property. A zone of multiple quartz veins within the host mafic volcanic rocks averaged 10.15 g/t Au over 3.50 metres from 38.50 – 42.00 metres down hole TEMDD001.... Read more..

Aura Silver Resources Reports Update on the Taviche Property and Announces Acquisition in High Grade Antimony District in Oaxaca, Mexico

Aura Silver Resources Inc. wishes to report a strategic change to their joint venture program with Intrepid Mines Limited on the Taviche properties in Oaxaca, Mexico. As recently reported, the JV has determined that the size and potential of the Higo Blanco project is greater than previously anticipated.... Read more..

Mexivada discovers 30 metre wide disseminated gold zone at Ngouaka, Roc Congo; begins Placer Gold mining test program

Mexivada’s Consulting Geologist, Edward Wells, C.P.G., has reported the discovery of a new area of potentially large volume, disseminated gold mineralization at Ngouaka, on its exclusive Malambani concession in the Mayoko greenstone belt in the ROC Congo. Ngouaka Lode Au Discovery, South Gold Belt:... Read more..

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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Latin American Minerals: Mechanical Trenching Reports 7 gpt Gold over 8.5 Metres at Paso Yobai, Paraguay

Latin American Minerals Inc. reports that mechanical trenching across the Discovery Zone on the Paso Yobai Gold Trend in Paraguay has exposed the gold-bearing zone in all trenches, locally containing coarse visible gold. The Paso Yobai Gold Trend hosting the Discovery Zone has been traced by airborne... Read more..

Sampling from Douglas Lake’s Mbwemkuru project confirms gold and platinum content

Harp Sangha, President/CEO of Douglas Lake Minerals announce the results from the analytical assessment of 5.1 kg of heavy mineral concentrates recovered from 127 samples of gold bearing alluvial material totaling 19.2 tonnes from the Company’s wholly owned Mbwemkuru Alluvial Gold Project located... Read more..

Stillwater Mining Company Completes Review of Operations: Will Restructure Operations and Reduce Workforce

STILLWATER MINING COMPANY announced immediate plans to restructure its operations and reduce and redeploy portions of its workforce. The move is largely focused on the Company’s East Boulder Mine operations south of Big Timber, although the Company’s Stillwater Mine at Nye, Columbus Metallurgical... Read more..

Central Sun Mining Inc.: High Grade Gold Intersected at Orosi; New Resource Estimation in Progress for Limon & Orosi

Central Sun Mining Inc. provide the final results from its successful 2008 exploration program at the Limon and Orosi Mine areas and the Mestiza-La India project in Nicaragua. “The 2008 exploration program has been very successful; we have achieved our objectives of outlining new gold zones that... Read more..

U.S. Silver Announces Management Changes and Reports a Strategic Review of Operations and a Reduction in the Workforce at the Galena Mine

U.S. Silver Corporation announce that Thomas Parker will become the Company’s interim Chief Executive Officer (”CEO”) effective immediately. Mr. Bruce Reid, the former CEO, will remain as a consultant to the Company. Mr. Reid was instrumental in the creation of U.S. Silver in 2006... Read more..