Network signs letter of intent for gold-silver property in Peru

Network Exploration Ltd. announce that it has signed a letter of intent (”LOI”) to option Huevos Rojos, a gold and silver prospect in Peru’s southeastern Ayacucho department. The Huevos Rojos property is located approximately 100km east of Nazca and covers 1300 hectares. The property... Read more..

Ventura Reports Extension of Inmaculada’s Angela Vein to > 800-Meter Strike Length, Including Drill Intercept of 2.2 Meters at 16 gpt Gold and 447 gpt Silver

Ventura Gold Corp. has completed a third round of core drilling on the Angela vein at the Inmaculada project in Southern Peru and continues to realize positive results in vein width, continuity and grade. The Angela vein has now been confirmed along a strike length of more than 800 meters (”m”),... Read more..

Southern Peru Copper Hits 48 Metres of 0.36% Copper and Drops Option at Canadian Shield’s Cerro Cori Property

Canadian Shield Resources Inc. announce that Southern Peru Copper – Surcusal del Peru, the Peruvian branch of Southern Copper Corporation has completed a 9 hole, 3,428 metre diamond drilling campaign on the Company’s Cerro Cori Property located in the Department of Ayacucho in southern Peru. The... Read more..

B2Gold Corp. Announces a New Gold Discovery at the Gramalote Property in Colombia

B2Gold Corp. announce it has made a significant new gold discovery at the Trinidad zone on the Gramalote property in Colombia. Drill results include up to 1.13 grams per tonne (”g/t”) gold (”Au”) over 109.4 metres (”m”) in hole 2, and 1.24 g/t Au over 101.85 m in hole... 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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Karmin Exploration: Drill Results From Aripuana Feasibility Study, Brazil Includes 7 Metres Grading 15.3% Zinc and 3.6 Grammes per Tonne Gold

Karmin Exploration Incorporated announce it has received the July 2008 Monthly Report including further drilling results from their project partner, Votorantim Metais (”Votorantim”) from their 30% owned Aripuana zinc/copper/lead/gold/silver massive sulphide district in Mato Grosso, Brazil.... Read more..

Gold Fields Announces Resources of 251 Million Ounces and Reserves of 83 Million Ounces

Gold Fields Limited published its Resources and Reserves Statement, as at 30 June 2008. Gold Fields CEO, Nick Holland said: “Gold Fields’ 83moz reserve base remains one of the strongest in the industry and provides Gold Fields with a robust base from which to pursue its aggressive growth... Read more..

Alturas drills 48.5 meters of 2.24% zinc and 0.13% copper at Huajoto, Central Peru

Alturas Minerals Corp. announce that it has intersected wide intervals of strong polymetallic mineralization in the first diamond drill hole of the 3,000 meter drilling program currently in progress at the Huajoto project in central Peru. Drill hole JOT-08-01 intersected an upper section of 48.5 meters... Read more..

Zincore Identifies Promising Gold Target in Chile and Provides Exploration Update

Zincore Metals Inc. has identified a promising gold target on its Piren property in Chile during its early stage exploration programs in Chile and Mexico. These programs build on Zincore’s exploration activities in Peru and are an emerging part of the Company’s strategy to build a quality... Read more..

Gold Fields Limited Improves Operational Performance Due to Stabilization of Power Supplies in South Africa

Gold Fields Limited just published a report saying that net earnings for the June 2008 quarter of R843 million, compared with earnings of R1,248 million and R528 million for the March 2008 and the June 2007 quarters respectively. In US dollar terms net earnings for the June 2008 quarter were US$105 million,... Read more..