American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

March 11, 2010 Filed Under: Mining Investment, Precious Metal  
American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

February 5, 2010 Filed Under: Precious Metal  
Nass Valley Gateway signs agreement to acquire three gold prospects, Kirkland Lake Mining Camp, Ontario, Canada

NASS VALLEY GATEWAY LTD., announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), which gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead... 

Blackstone Mobilizes Drill to Uma Cu-Zn-Au Project in Northern Sweden

January 19, 2010 Filed Under: Copper Mining, Precious Metal, Zinc Mining  
Blackstone Mobilizes Drill to Uma Cu-Zn-Au Project in Northern Sweden

Blackstone Ventures Inc. announces that a diamond drill rig has now been mobilized to its 100% owned Uma Volcanogenic Massive Sulphide (VMS) project in northern Sweden and will begin drilling immediately. This first phase drill program at Uma South (southern portion of the 235,000 hectare property) will consist of approximately 12 – 20 holes. Drilling will begin in the Uma South area to test... 

PBX Acquires Claims West of Its Copaquire Copper-Molybdenum-Rhenium Project

January 19, 2010 Filed Under: Copper Mining, Molybdenum Mining  
PBX Acquires Claims West of Its Copaquire Copper-Molybdenum-Rhenium Project

International PBX Ventures Ltd. announce that it has acquired an additional 2,100 hectares (21 sq.kms) in the prolific Chilean copper-molybdenum porphyry belt. The Huatacondo claims are located 8kms west of the Company’s wholly-owned Copaquire Copper-Molybdenum-Rhenium property. Both the Huatacondo and Copaquire claims are located in the Quebrada Blanca district of the copper-moly porphyry belt.... 

Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

December 28, 2009 Filed Under: Mining Investment, Precious Metal  
Vista Gold Corp. Announces Joint Venture Agreement for Awak Mas Gold Project in Indonesia

Vista Gold Corp. announced that its wholly-owned subsidiary, Vista Gold (Barbados) Corp., has signed a Joint Venture Agreement with Pan Asia Resources Corporation (“Pan Asia”) with respect to the development of the Awak Mas gold project in Indonesia. The Joint Venture Agreement provides Pan Asia, a privately held resource development company, with the opportunity to earn a 60% interest... 

Alaska State Authority Initiates Due Diligence on Road and Port Expansion for Zazu’s Lik Deposit

December 10, 2009 Filed Under: Lead Mining, Precious Metal, Zinc Mining  
Alaska State Authority Initiates Due Diligence on Road and Port Expansion for Zazu's Lik Deposit

Zazu Metals Corporation announce that the Alaska Industrial Development and Export Agency (“AIDEA”) approved a cost reimbursement agreement with Zazu today. This enables AIDEA to initiate due diligence on the proposed expansion of the Delong Mountain Transportation System (“DMTS”). This proposed expansion will facilitate both the development of the Lik deposit, and handle future... 

Garibaldi’s Exploration Strategy Pays Off-Significant “Gold in Soil” Anomaly Discovered Over Hyperspectral Target

October 29, 2009 Filed Under: Precious Metal  
Garibaldi's Exploration Strategy Pays Off-Significant "Gold in Soil" Anomaly Discovered Over Hyperspectral Target

Further to its news release dated March 03, 2009, Garibaldi Resources Corp. announce that wide spaced soil sampling on the Company’s 100% owned Tonichi Project in Sonora, Mexico has identified a significant “gold in soil” anomaly over one of its high priority hyperspectral target areas. The soil geochemical survey outlined strongly anomalous Au values (112 samples returned gold values... 

Kootenay Stepout Drilling Begins at Promontorio

October 6, 2009 Filed Under: Precious Metal  
Kootenay Stepout Drilling Begins at Promontorio

Kootenay Gold Inc. announce drilling is underway at Promontorio. The program is designed to drill untested targets; expand on mineralization discovered at the Pit Discovery; and step-out across the 2km Dorotea Trend. The 5000 meter program expected to be completed by year end, will focus on targets identified by systematic exploration (3D IP Geophysical Survey; Mapping; Sampling; EM Airborne Study;... 

Newstrike and Queenston Begin Drilling on the Commodore JV

October 2, 2009 Filed Under: Mining Investment, Precious Metal  
Newstrike and Queenston Begin Drilling on the Commodore JV

Newstrike Resources Ltd. and Queenston Mining Inc. announce that a diamond drill program has commenced on the Commodore joint venture property located in Lebel and Gauthier townships in Kirkland Lake, Ontario. The property is favourably located in the Kirkland Lake gold camp totaling 57 mineral claims comprising 25 patented and 32 unpatented claims. Further details regarding the claims are provided... 

Northern Shield Resources Defines Gold Anomaly at its Faint Hope Property in northern Ontario

September 11, 2009 Filed Under: Lithium Mining, Platinum Group Metals  
Northern Shield Resources Defines Gold Anomaly at its Faint Hope Property in northern Ontario

Northern Shield Resources Inc. an innovative, results-driven Canadian company focused on Platinum Group Element (PGE) exploration in Ontario announce the completion of a soil sampling survey over its 100% owned Faint Hope property north of Cochrane, Ontario, which is being explored for Homestake-style gold mineralization. The property, which consists of 6 contiguous claims, covers what is interpreted...