American Bonanza Completes Sale of Taurus Property

American Bonanza Gold Corp. announces that it has completed the sale of the Taurus Property to Hawthorne Gold Corp. and on December 31, 2008, received 6.75 million common shares of Hawthorne, representing 12.7% of the outstanding shares of Hawthorne. Bonanza now owns 6,828,947 common shares of Hawthorne representing 12.9% of the issued and outstanding shares of Hawthorne. Total consideration received... 

American Bonanza to Receive 6.75 Million Shares of Hawthorne Gold Corp.

American Bonanza Gold Corp. has amended the option agreement dated June 7, 2007 with Hawthorne Gold Corp.. Hawthorne will issue to Bonanza 6.75 million common shares of Hawthorne under the amended agreement. On closing of the amended agreement, Hawthorne will own 100% of Bonanza’s Taurus Project near Cassiar, British Columbia. On closing of the proposed transaction, Bonanza will own approximately... 

USCorp Begins Drilling on Its Arizona Twin Peaks Gold Property

USCorp announces the initiation of reverse circulation drilling operations at its Twin Peaks Project in Yavapai County, Arizona as of Monday, September 8, 2008. After receiving several proposals from major drilling companies, USCorp initially selected Layne Christensen Drilling of Chandler, Arizona for Phase I drilling programs at its Twin Peaks and Picacho properties. The extremely heavy rains in... 

Exeter Resource Corporation: Cerro Puntudo Drilling Extends Gold and Silver Zones

Exeter Resource Corporation reports that drilling at its Cerro Puntudo Project in southern Argentina has encountered significant gold and silver mineralization, extending the depth of two known zones. At the Rico Zone, reverse circulation hole CPRC-61 intersected 12 metres averaging 4.4 grams per tonne (“g/t”) gold, including 1 metre grading 11.2 g/t gold, and 1 metre grading 34.1 g/t gold.... 

Valencia Signs Letter of Intent to Acquire 100% of Chanarcillo Silver Property, Chile

Valencia Ventures Inc. is pleased to announce it has signed a Letter of Intent to acquire a 100% interest in the Chanarcillo bonanza-style silver property surrounding the Chanarcillo mine located in northern Chile from Compania Minera Calcia Ltda. (“Calcia”). Chanarcillo, one of Chile’s most important “epithermal bonanza-style” silver mines, is located some 750 km north... 

American Bonanza Restarts Copperstone Drilling

American Bonanza Gold Corp. (TSX: BZA)(FWB: AB2) (“Bonanza”) is pleased to announce that it has started its substantial exploration drilling program designed to significantly expand the recently announced high grade gold resources at the 100% owned Copperstone gold project in Arizona. The drill program and targets have been selected by the Bonanza geologic staff based upon a 6 month analysis...