Firstgold Corp. Begins Leaching at Relief Canyon Mine

Firstgold Corp. said that it has received approval to begin application of cyanide on its new heap leach pad. Over the last 45 days, Firstgold has run one shift a day crushing and stacking ore in anticipation of receiving approval and has stacked approximately 170,000 tons of material. According to industry standards, Firstgold has taken regular samples from its conveyors at the beginning of each shift.... 

Firstgold Corp. Announces Production Begins at Relief Canyon

Firstgold Corp.announced that it has begun processing ore at the Relief Canyon Mine. Founder/COO Scott Dockter stated, “As of 6 AM this morning, Firstgold began stacking ore on the new heap leach pad, which officially begins the production phase. It’s exciting to move out of the construction phase, and we are looking forward to this production phase.” Crushed ore will continue to... 

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Firstgold Schedules Drilling at Fairview-Hunter Exploration Property

Firstgold Corp. announced that it will be beginning a reverse circulation drill program at the Fairview-Hunter property, located in Churchill County, Nevada. The property consists of 115 unpatented lode mining claims situated along the eastern and northern portions of the Fairview Mining District. Drilling will commence upon notice from the BLM that its bond has been processed. Firstgold’s CEO,... 

Firstgold Completes Initial Drilling at Honorine Gold Property

Firstgold Corp. announced that exploration of its Honorine Gold Property is fully underway. The company has completed its initial sampling and 6 drill holes on the project. Drill results are pending from the first round of drilling, though they are expected only to provide basic geologic information and direction for future drill work. Scott Dockter, Firstgold COO, commented, “We are optimistic... 

Chevron Mining agrees to sell Mountain Pass rare earth mining operations

Chevron Mining Inc. today announced that it has entered into an agreement to sell its Mountain Pass rare earth mining operations to Rare Earth Acquisitions LLC. The transaction is expected to close in late September, 2008. REA is a special purpose company owned by Resource Capital Funds, Pegasus Partners IV, LP, The Goldman Sachs Group, Inc., Traxys North America LLC and Carint Group LLC. Included... 

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Firstgold Corp. Announces Bond Adjudication and Pad Construction

Firstgold Corp. announced today that it has received notice from the Bureau of Land Management that its $2.1 million (US) bond increase has been accepted. This is the final component to the completion of the permitting process, and brings the total Relief Canyon bond amount to $2.8 million (US). Having completed the permit and bonding process, Firstgold has begun construction of its new heap leach... 

Pegasus Announces Additional Claims at Eden Nickel Project

Pegasus Metals announced that an additional four claims have been staked at the southern end of the Eden Nickel Project area, Ontario, Canada. The additional claims cover a south-trending extension of the quartz diorite Offset Dyke. The company also reported that it has completed preliminary soil auger sampling of two tailings deposits adjacent to the abandoned Long Lake Gold Mine. Gold grades of the... 

Canyon Announces Option to Acquire the Suitcase and Mineral Hill Deposits in Inyo County, California

Canyon Resources Corporation (Amex: CAU – News), a Colorado-based mining company announces that it has entered into a Mining Lease and Option to Purchase unpatented mining claims associated with the Suitcase and Mineral Hill gold deposits located in Inyo County, California. These claims are located in close proximity to the Company’s Briggs Mine. The agreement was made with an individual... 

Vista Gold Corp. Announces Gold Resource Estimate for the Mt. Todd Gold Project, Northern Territory, Australia, and General Update

Vista Gold Corp. (Nachrichten) Toronto is pleased to announce that a mineral resource analysis for the Batman deposit at the Mt. Todd gold mine was completed on June 26, 2006, by Gustavson Associates of Boulder, Colorado, in accordance with Canadian National Instrument 43-101 standards under the direction of Mr. John Rozelle, an independent Qualified Person, utilizing standard industry software and...