Apollo Gold Corporation announces that it has prepaid US$1,952,000 of the US$4,789,000 balance outstanding under the facilities agreement with RMB Australia Holding Limited (“RMB”) from proceeds of unwinding part of its hedge position as more fully described below. On October 12, 2007, Apollo entered... Read more..
Golden Share Mining Corporation announce that it has entered into an option agreement dated October 9th 2008 with a local property owner to acquire a 100% interest in the 29 claim (122 claim unit), 26.9 km2 Pistol Lake Gold Property located in Northwestern Ontario, Canada. The Pistol Lake property is... Read more..
Pacific Gold Corp. announced that it has reached an agreement with Yorkville Advisors (formerly Cornell Capital Partners) to adjust the repayment terms of the convertible notes originally issued in February 2007. Yorkville Advisors has agreed that no installment payments on the notes will be made until... Read more..
Gold Resource Corporation (GRC) announce results from an internal analysis of delineation drilling at its Arista deposit. The Arista deposit is part of GRC’s 100% owned El Aguila Project in Oaxaca, Mexico. Estimates of in-place mineralized material at the Arista deposit, from Arista and Baja veins... Read more..
Rare Element Resources Ltd announces that the Sundance gold exploration project, which is a joint venture between Paso Rico (USA) Inc, a subsidiary of Rare Element Resources, and Newmont North America Exploration Limited, a subsidiary of Newmont Mining Corporation (Newmont), has completed additional... Read more..
Aurora Gold Corporation, a mineral exploration company focusing on exploration and development in the Tapajos Gold Province, State of Pará, Brazil, is pleased to announce that the ground geophysics program on the São João Joint Venture project is nearing completion. Aurora Gold and their Joint Venture... Read more..
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..
George A. Brown, President and CEO of MacMillan Gold Corp. announce that MacMillan has received an additional 100,000 common shares of West Timmins Mining Inc. of Vancouver. These were issued as due, on or by September 30, 2008, as per the terms of the Property Option Letter Agreement dated November... Read more..
PERSHIMCO RESOURCES INC. report that the Corporation has initiated surface work to extract a minimum 2,500 tons bulk sample from the Thibodeau Intrusive Complex (the “TIC”) on its wholly owned Courville Gold Project, in the Val-d’Or-Malartic Mining Camp. The excavation work follows... Read more..
Constitution Mining Corp. announces that the company has entered into a Mineral Rights Option Agreement to acquire 382 km2 of strategically positioned mining properties in the developing Gold Sands district of northeastern Peru. Constitution Mining CEO, Dr. Willem Fuchter commented, “We believe... Read more..