Carlisle Goldfields to Acquire Additional Gold Assets From Delta Uranium Inc.

Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... Read more..

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Olympus Seeks Approval to Continue Toll Treating Phuoc Son High Grade

Olympus Pacific Minerals Inc. announce that the Company has recorded its highest gold production month during December 2008.The initial three-month trucking and toll treatment trial of ore through the Company’s Bong Mieu plant from its second mining operation at Phuoc Son has proved to be successful... Read more..

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Royal Roads regains 100% ownership of its Burtons Pond gold property, Newfoundland

Royal Roads Corp. announce that the Burtons Pond gold property ownership has reverted back 100% to Royal Roads. In December 2004 Buchans River Ltd. entered into a joint venture agreement which would enable Prominex Resource Corp. to earn a 70% interest in the Property by fulfilling certain obligations.... Read more..

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Gold Canyon Signs Joint Exploration Agreement With JOGMEC

Gold Canyon Resources Inc. announce that the Company and its wholly owned subsidiary, Gold Canyon Resources USA Inc., have entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established under the Japanese Ministry... Read more..

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Northern Gold Mining Inc. Signs Letter of Intent With ValGold Resources Ltd.

Martin Shefsky, President and CEO of Northern Gold Mining Inc., reports that the company has entered into a letter of Intent with ValGold Resources Ltd. The agreement covers the Garrison gold property, consisting of thirty-five patented claims in Garrison Township, approximately 40 kilometres north of... Read more..

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Melkior Resources: Drilling Extends Timmins Gold Bearing Structures

Melkior Resources Inc. announce additional assay results for 16 diamond drilling on the 100% owned Timmins West Property in Carscallen Township, Timmins, Ontario. Assay results for 41 out of 48 diamond drill holes have now been received. The best intersections from this set of assays were from TW-08-10-35... Read more..

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NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

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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..

Jasper Mining Corporation – Significant high grade results from diamond drill program on Isintok property

Jasper Mining Corporation has reviewed metal prices used for the purposes of a copper equivalency (”Cu. EQ.”) calculation. To date, prices from the September 8 – 14, 2008 issue of The Northern Miner were utilized, however, the prices of both copper and molybdenum have since fallen markedly.... Read more..

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..