Midway Gold Announces Project Updates and Plans for 2009

Midway Gold Corp. announce 2009 work plans will primarily be focused on the Golden Eagle project in Washington and the Midway project in Nevada. Exploration at the Spring Valley project is expected to continue under a proposed earn-in agreement, previously announced (PR October 20, 2008). The Thunder... Read more..

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Dynamite Resources Adds Drill to Mike Lake Gold-Copper Project, Yukon

Dynamite Resources Ltd. announced that an additional drill rig will be placed on the Mike Lake gold-copper property, located in the Yukon Territory, which brings the total number of drills operating at Mike Lake to three. The 2008 drill program at Mike Lake will now comprise 10,000 metres of drilling... Read more..

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Midway Gold Corp, mining n exploration. Enter option to joint Venture with Venture Midway’s Thunder Mountain Project

Midway Gold Corp has announces that Kinross Gold Corporation has entered into an exploration and option to joint venture agreement by which they can earn a 75% interest in Midway’s 100% owned Thunder Mountain project, in Nye County, Nevada. President and CEO of Midway, Alan Branham said that We... Read more..

Wits Basin Announces Another Gold Intercept at the Bates-Hunter Mine Project

Wits Basin Precious Minerals Inc. is pleased to announce that it has intercepted another significant gold interval in the Groundhogg Vein at the Bates-Hunter Mine in Central City, Colorado. The intersection occurred in drill hole BH-08-10. It assayed 0.265 ounces per ton (opt) gold (Au) over a sampled... Read more..

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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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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AngloGold Ashanti Mineral Resource Increases at Tropicana

AngloGold Ashanti Australia Ltd is pleased to announce a Mineral Resource increase for the Tropicana Gold Project in Western Australia. The Tropicana Gold Project, located 330 kilometres east north-east of Kalgoorlie, is part of the Tropicana Joint Venture, which is 70% owned by AngloGold Ashanti Australia... Read more..

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Helio Reports Drill Results from the Kenge Target, SMP Gold Project, Tanzania

Helio, through its 100% owned subsidiary BAFEX Tanzania Ltd., can earn a 100% interest in five contiguous licences, which cover a 34km strike length of the Saza Shear Zone. The project covers the New Saza Gold Mine, which operated between 1939 – 1956, producing approximately 270,000 ounces of gold... Read more..

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Eaglecrest Samples 16.2 Grams Per Tonne Gold on Surface at the Buriti Gold Zone, San Simon Project, Bolivia

Eaglecrest Explorations Ltd. report that a new exploration work has highlighted the Buriti gold target at the San Simon project in Northeastern Bolivia. As part of the on-going district exploration program, a total of 68 surface rock chip samples were collected in November-December 2008 and returned... 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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