Yellowjacket Mine Achieves Full Commercial Production, New Gold Zone Discovered

Yellowjacket Joint Venture (“Eagle Plains Resources Ltd. (EPL:TSX-V) and Prize Mining Corp. (PRZ:TSX-V)”) jointly announce completion of final commissioning and permit compliance requirements to allow for commencement of full production at their Yellowjacket Gold Mine, located in northwestern British Columbia. On July 10, 2009, the Yellowjacket Gold Mine received its BC Mines Act Permit for the... 

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NovaGold Completes Disposition of Alexco Shareholding

Alexco Resource Corp. reports it has been advised that NovaGold Resources Inc. has reduced its shareholding in Alexco from approximately 16% to less than 2%. This reduction was accomplished by way of private sale transactions, with the shares acquired by multiple unrelated purchasers. As a consequence of this reduction in its shareholding, NovaGold is no longer deemed a reporting insider of Alexco... 

Alexco Enters Into Silver Purchase Agreement With Silver Wheaton

Alexco Resource Corp. announce that it has entered into a silver purchase agreement with Silver Wheaton Corp. under which Silver Wheaton will purchase 25% of the life of mine silver produced by Alexco from its Keno Hill Silver District in Canada’s Yukon Territory. The agreement anticipates that the initial silver deliveries will come from the Bellekeno property at Keno Hill. Alexco is currently... 

Eagle Plains Commences Drilling Program on Sphinx Molybdenum Project

Eagle Plains Resources Ltd. has commenced a 6,500′ (2,000m) diamond drilling program on its 100% controlled Sphinx property, located 60 km west of Kimberley, BC. Two drill rigs will be moved to the property immediately, with drilling activity to occur over the next 2-3 weeks. Sphinx Project Summary The Sphinx property area consists of approximately 2500 ha, with 1600 ha acquired by staking by... 

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