IAMGOLD Options Merrex Gold’s Siribaya Gold Project in Mali and Confirms Equity Position in Merrex Gold

IAMGOLD Corporation has entered into a definitive Option Agreement to earn a 50% interest in the Siribaya Gold project in Mali, West Africa, which is 100% controlled by Merrex Gold Inc. . IAMGOLD can earn its interest by spending Cdn$10.5 million over four years. As part of the Agreement, IAMGOLD completed... Read more..

GoldQuest Reports Drill Results From New Gold Zone at Las Animas

GoldQuest Mining Corp. report drill results from ten holes completed on its 100% owned Las Animas project located in the central Dominican Republic. The Las Animas project is excluded from the Gold Fields Option Agreement. The drill results of the last ten diamond drill holes totalling 1,879 meters of... Read more..

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Shoreham Farms Out Black Banana Gold Project in Guyana

Shoreham Resources Ltd., a Canadian based exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in South America and Canada, is pleased to announce that the company has signed a Letter of Intent (”LOI”) with Mulgravian Ventures Corporation (a... Read more..

Tag: guyanagoldmining, gold exploration guyana, mulgravian ventures corporation, mulgravian ventures

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..

Further High-Grade Gold Intercepts From Treasury Metals Goliath Project

Treasury Metals Inc., a growth orientated gold focused exploration and development company, today announced the results of the final 19 drill holes from its Goliath Gold Project. The 100% owned Goliath Gold Project is located alongside the Trans-Canada Highway near Dryden, Ontario. These drill hole results... Read more..

Alturas Defines Large Geophysical Targets Beneath Copper-Gold Anomalies at Its Sombrero Project, Peru

Alturas Minerals Corp. report that a recently completed ground geophysical survey has defined large, deeply rooted geophysical anomalies beneath strong copper-gold anomalies at its Sombrero project in southern Peru. The induced polarization anomalies form two circular centers beneath strong copper-gold... Read more..

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Gold Jewelry Continues to Shine as Purse Strings Tighten

Gold jewelry is one of the top three most popular items for women’s discretionary spending in the U.S. according to World Gold Council’s (WGC) 2008 survey, What Women Want: Global Discretionary Spending Report, conducted by independent research firm, GfK, among 1,068 American women aged 16... Read more..

Klondex Initiates High-Grade Gold Resource Update to Include Two Years of Exploration Data

Klondex Mines Ltd., a gold exploration company, announced that it is in the process of preparing an NI 43-101-compliant resource update for its 100%-owned Fire Creek high-grade gold property in the Battle Mountain-Eureka Trend in Northern Nevada. The update, which is expected to be filed in the first... Read more..

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Apollo Gold Closes US$15 Million Bridge Financing Facility for the Black Fox Project

Apollo Gold Corporation announce that it has closed a US$15 million bridge financing facility relating to its 100% owned Black Fox Project located near Timmins, Ontario, Canada. Financing In May 2008 Apollo retained Macquarie Bank Ltd. (“Macquarie Bank”) and RMB Resources Inc. (“RMB”) as joint... Read more..

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Infill drilling program completed at Joanna – 116 grams of gold per tonne over 2.7 metres intersected

Aurizon Mines Ltd. announce the completion of an important infill drill program at its Joanna project, located 20 kilometres from Rouyn-Noranda, in north-western, Quebec. Four hundred sixty-three (463) holes totalling 134,489 metres have been completed by Aurizon at Joanna, with the objective of confirming... Read more..