Timberline Receives Permit to Begin Development At Its Butte Highlands Gold Project

Timberline Resources Corporation announce that it has received its Amended Exploration Permit from the Montana Department of Environmental Quality (DEQ). This permit authorizes the company to proceed with its underground development and exploration activities as a pre-cursor to production at its Butte Highlands Gold Project. Timberline and its 50% joint venture partner are now authorized to construct... 

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Nevada Gold Holdings Inc. Appoints Dave Mathewson as CEO, President and Chief Geologist

Nevada Gold Holdings, Inc., a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that at the end of 2008, Dave Mathewson was appointed as CEO, President and Chief Geologist of the Company. Dave Mathewson is well known in the Nevada gold community. He has been an exploration geologist for over 35 years and has spent the last... 

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Timberline Receives Positive Hydrogeologic Test Results At Its Butte Highlands Gold Project

Timberline Resources Corporation announced the completion of a hydrogeologic study at its 100-percent owned, royalty-free Butte Highlands Gold Project in southwestern Montana. The positive results of the study represent a significant milestone in the permitting process and the proposed underground exploration and development schedule. The study was a requirement for permit application and Timberline... 

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Nebu Resources Inc. Announces Option on Golden Mile Property in Nevada

Nebu Resources Inc. announce that it has signed an Option to Purchase Agreement with Portage Minerals Inc. to acquire Portage’s option to earn a 70% interest in 5 patented and 19 unpatented mineral leases in Mineral County, Nevada. The agreement is subject to regulatory approval. Nebu has agreed to pay to Portage a total of $92,800 Cdn and issue to Portage 800,000 common shares to acquire the... 

Pacific Gold Corp. Redeems Convertible Debentures

Pacific Gold Corp. announced that it has completed a sale of its fleet of Komatsu Haul trucks. A portion of the proceeds from the sale were used to redeem convertible debentures previously sold to Yorkville Advisors. The principal remaining on the original face value of the $2,440,000 in notes sold to Yorkville is now $267,000. As previously announced in March, Nevada Rae Gold conducted tests with... 

Gryphon Gold Enters Lease with Newmont on Scarper Property

Gryphon Gold Corporation report that Nevada Eagle Resources, a wholly owned subsidiary of Gryphon Gold, entered into a lease agreement whereby Newmont Mining Corporation has agreed to undertake exploration and development, if warranted, of Nevada Eagle’s Scraper property, located on the northern extension of Nevada’s prolific Carlin trend. The Scraper property consists of 33 unpatented... 

Miranda Advancing New Copper-Molybdenum Target at Redlich

Miranda Gold Corp. announces that it is evaluating a possible copper-molybdenum porphyry system on its Redlich property in Esmeralda County, Nevada. Miranda’s Redlich project is located within the Walker Lane structural domain, 55 miles west of Tonopah, Nevada. The property consists of 213 lode claims and covers 4,400 acres (1,782 hectares). Recent drilling focused on a northwest-trending fault... 

Apollo Gold Commences 2008 Drilling Program and Expands its Land Position at the Black Fox Project

Apollo Gold Corporation announce that a surface core drilling program commenced on September 3, 2008 on its Grey Fox property, which is part of the Company’s Black Fox Project located near Matheson, Ontario, Canada. Richard Nanna, Senior Vice-President of Exploration and Development for Apollo, stated, “A previous owner of the property, Battle Mountain Gold Company, conducted a drilling program... 

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General Metals Management Discusses Results Identified in Interim Report and Continues on the Path to Near Term Production

General Metals Corporation management is excited about the results reported in the Interim Report prepared by Samuel G. Nunnemaker, Reg. Geo., B.Sc., consulting geologist to the Company. Nunnemaker is a Qualified Person who has supervised the entire development drilling program discussed in the report and continues to do so throughout 2008 thus far. Mr. Nunnemaker has already begun updating the report... 

Drilling Begins on Miranda Gold’s Horse Mountain Project

Miranda Gold Corp. announces that Newcrest Resources Inc., Miranda’s exploration funding partner, has commenced the 2008 drill program at the Horse Mountain project. Newcrest has permitted 13 drill sites and anticipates drilling up to 20,000 ft (6,096 m). The drill program will follow up drilling that intersected 98 ft of 0.022 oz Au/t (29.9 m of 0.754 g Au/t) in core hole BHM-001. Newcrest’s... 

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