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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Fort a La Corne Joint Venture: Orion South diamond results 45.95, 4.92, 4.63 and 3.77 carat diamonds in 288.36 carat parcel

George H. Read, P. Geo., Senior Vice President Exploration and Development, announce the fourth set of diamond results from underground bulk sampling of the Orion South Kimberlite, within the Fort a La Corne Joint Venture (FALC-JV) where Shore is the operator with a 60 percent interest and Newmont Mining... Read more..

Diamond Discoveries Reports a New Chromium Discovery on Caribou Property

Diamond Discoveries International Corp., a U.S. company focusing on diamonds, precious and base metal exploration in the Canadian province of Quebec, is pleased to announce that it has received all results from the exploration work completed in the 2008 field season, on their 100% owned Caribou Property... Read more..

MetalCORP and Kennecott Sign Agreement on the GUP Project Located 300km West of Thunder Bay, Ontario, CANADA

MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..

Satellite deposits adding ounces to Etruscan’s Gold Resources at Youga

Etruscan Resources Inc. reported initial gold resource estimates from two additional satellite deposits within 2.5 kilometers of the operating Youga Gold Mine in Burkina Faso, West Africa, and from the recently announced Ouaré Zone located 35 kilometers northeast of the Youga Gold Mine. Using a 1 gram... Read more..

Goldstake-Clay, Gold and Diamond, Property Acquisition

Goldstake Explorations Inc. announce that the company has officially earned a 60% interest in the Clay Property from Transpacific Resources Inc. Goldstake earned the majority interest in the Clay Property after incurring exploration expenditures to-date of $1.8 million. Exploration on the property by... Read more..

General Metals Completes Phase I Drilling at Independence Project and Grows Oxide Mineralization to 569,347 oz Gold and 11,327,160 oz Silver

General Metals Corporation announce it has completed its 2007- 2008 Phase 1 drilling program at its Independence Gold and Silver Mining Project in Battle Mountain, Nevada. The Independence is situated directly adjacent to the massive Phoenix Project, which is the largest operating gold mine in the US.... Read more..

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Archangel Diamond Corporation receives formal decision of Russian government conditional consent for its acquisition of a 49.99% interest in AGD

Archangel Diamond Corporation announces that, in connection with its proposed acquisition of a 49.99% equity interest in OAO Arkhangelskoe Geologodobychnoe Predpriyatie from OAO LUKOIL described in the Corporation’s news release dated April 16, 2008, the Russian Federal Anti-Monopoly Service (”FAS”)... Read more..

Etruscan outlines widespread rare earth occurrences in Namibia

Etruscan Resources Inc. announced that it has outlined a large number of rare earth element enriched carbonatite dykes associated with an alkaline intrusive complex on its Lofdal permit in northern Namibia. Analytical results from 242 outcrop samples and six drill holes indicate that both light rare... Read more..

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General Metals Intersects 65 Feet of High Grade Surface Oxide Mineralization Averaging 0.099 opt Au Equivalent

General Metals Corporation announces hole GM-70 intersected 65 feet of high grade surface oxide mineralization averaging 0.099 ounces of gold Equivalent (Au Equiv.) at the Company’s Independence Project. This high grade intercept is contained within a broader 185 foot intercept which averages 0.043... Read more..