San Gold Announces Closing of $20 Million “Bought Deal” Private Placement at $1.50 per Share

San Gold Corporation announce that it has closed its private placement offering (the “Offering”) of 13,350,000 common shares of the Company issued as “flow-through shares” within the meaning of the Income Tax Act (Canada) (the “Flow-Through Shares”) at a price of $1.50... Read more..

Standard & Poor’s Initiates Factual Stock Report Coverage on VG Gold Corp.

Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on VG Gold Corp. VG Gold Corp. (TS:VG), in the exploration stage as of June 30, 2008, explores and develops gold properties in Timmins, Ontario, Canada and seeks to acquire additional gold properties in the Timmins... Read more..

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Exploration Update on Midland’s James Bay Gold Properties

Midland Exploration Inc. provide an exploration update on work carried out on its gold properties located in the James Bay Area; an area that could become a major gold district in Quebec after the Abitibi Belt. These gold properties are currently held 100% by Midland Exploration Inc and are under an... Read more..

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Maximus and NFX Report More High-Grade Results From the Bear Lake Gold Zone at Larder Lake

Maximus Ventures Ltd. report new results from the follow-up drilling program on the Bear Lake gold zone of the Larder Lake Property located in northeastern Ontario. Hole #49 intersected, at 750 meters vertical depth, 9.5 meters of carbonate-type mineralization grading 19.4 g/t gold, including a section... Read more..

Royal Gold to Present at the Merrill Lynch Canada 14th Annual Mining Conference

ROYAL GOLD, INC., the leading precious metals royalty company, announced today that management will present at the Merrill Lynch Canada 14th Annual Mining Conference in Toronto, Canada. The Merrill Lynch Conference is an invitation-only conference for institutional investors, mining analysts and the... Read more..

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Searchlight Minerals Corp. receives occupancy permit for main processing building at Clarkdale Slag Project

Searchlight Minerals Corp. provide investors with the following update on the development and construction activities at its Clarkdale Slag Project in Clarkdale, Arizona. Searchlight Minerals today announced that on August 8, 2008, the Town of Clarkdale, Arizona issued a Certificate of Occupancy for... Read more..

Paramount Gold and Silver Corp. Completes Private Placement Financing

Paramount Gold and Silver Corp. has completed a private placement financing of 1,071,429 million units priced at $1.40 per unit (all funds in CDN dollars) for proceeds of $1.5 million. Each unit consists of one common share and 1/2 of one common share purchase warrant with a strike price of $2.10 and... Read more..

Eldorado has acquired Units of Brazauro

Eldorado Gold Corporation published a report saying that the company announced that effective July 24, 2008 it has purchased 8,800,000 units (the “Units”) of Brazauro Resources Corporation (”Brazauro”), which Units each comprised one common share (a “Unit Share”) of... Read more..

Volta commences a 2,000 metre RC drilling program at its Bansié Gold Project, Burkina Faso

Volta Resources Inc. is pleased to announce that drilling has commenced on its wholly-owned Bansié Gold Project, located in the southern Hounde Belt, an emerging gold camp in Burkina Faso (see News Release of April, 7th, 2008). The 28-hole program of approximately 2,000 metres of reverse circulation... Read more..

Apollo Gold Corp. raised $20,401,375

As it was reported by the business journal that Apollo Gold Corp. raised $20,401,375 as it completed its previously announced offering of units, the company reported Thursday. Further it is said that Denver-based Apollo Gold (AMEX: AGT) sold 40,806,500 units, with each one representing one share of stock... Read more..