Pele Mountain Begins Drilling at East Highland Gold Project

Pele Mountain Resources Inc. announced the start of diamond drilling at its East Highland Gold project in Northern Ontario. East Highland is 100-percent owned by Pele Gold Corporation, a wholly owned subsidiary of the Company. Pele focused its efforts at East Highland in the late-1990s, concluding with the successful mining and processing of bulk samples at the Markes and ‘A’ zones in 1999.... 

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Continent Announces Option to Purchase Dos Cabezas Gold Mine, Arizona

Continent Resources Inc. announce that it has entered into an agreement with Fronteer Group, Reno, Nevada under which Continent has the right to purchase the Dos Cabezas Property in southern Arizona for the total price of USD$400,000 payable over 3 years. The Dos Cabezas property is a series of gold-silver-copper quartz fissure veins exposed for 3 miles that were previously produced by underground... 

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AuEx Ventures Exploration Program Commences at Long Canyon and West Pequop

AuEx Ventures, Inc., a precious metals exploration company announce that core and reverse circulation drilling has commenced at both the Long Canyon and West Pequop Joint Ventures located in the Pequop Gold District in Elko County, Nevada. Long Canyon is a joint venture with Fronteer Development Group Inc. who owns 51% and is operator. West Pequop is a joint venture with Agnico-Eagle Mines Limited... 

Millstream Gives Update on Montana Joint Venture Deal

Ernest Harrison, Chairman of Millstream Mines Ltd. announce that Nirek Resources Inc.’s Option to purchase a 49% interest in Millstream’s Tamarack Gold property (PR April 01/08) has been terminated and is no longer valid. Accompanying the original signed Letter of Intent between the parties Millstream issued to Nirek a non-brokered Flow-through share (FTS) Offering priced at $1.00 per FTS.... 

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Copper Mountain board makes decision to develop Copper Mountain Project

Copper Mountain Mining Corporation announce that the Company’s Board of Directors have authorized management to proceed with the development of the Copper Mountain Project subject to the Company finalizing its financing arrangements as well as obtaining the required operating permit amendments for the Project. The Company has ordered long lead major equipment items. Site work has progressed well... 

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Lexam Explorations Inc.: Finding of No Significant Impact Reached for Baca Project

LEXAM EXPLORATIONS INC. announce that the United States Fish and Wildlife Service (USFWS) has issued a Finding of No Significant Impact (FONSI) for Lexam’s Baca Project located in south-central Colorado. The USFWS’ decision was reached based on the results of an Environmental Assessment (EA) conducted by the Service under the National Environmental Policy Act (NEPA). The USFWS environmental... 

Thunder Mountain Gold Announces an Intercept of Sulfide Mineralization at Their South Mountain Property

Thunder Mountain Gold, Inc. announced that Thunder Mountain Resources, Inc., a wholly-owned subsidiary, has completed their first core hole in its planned exploration program at their South Mountain Mine, Owyhee County, Idaho. The hole (DMEA 2) encountered a zone of mineralization from 656 feet to 705 feet with approximately 40 feet of the core consisting of massive sulfide consisting of sphalerite,... 

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Consolidated Abaddon to acquire a 100% interest in Copper Mountain Property, Stillwater Range, Nevada

Consolidated Abaddon Resources Inc. announce that it has entered into a Property Option Agreement with Mining Five LLC, of Reno, Nevada (a company beneficially owned by Mike Skopas and John Harper) to earn a 100% interest in and to 216 mineral claims consisting of 4320 acres located in the Stillwater Range, Table Mountain Mining District, Nevada, USA. The Copper Mountain property covers a portion of... 

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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... 

Southern Regional Government Council Approves Infinity Energy Resources Offshore Nicaraguan Exploration and Development Contracts

Infinity Energy Resources, Inc., an independent oil and gas exploration and development company, today announced that the regional government council of the Autonomous Region of the Southern Atlantic (“RAAS”) voted to approve the Company’s offshore Nicaraguan exploration and development contracts on July 4, 2008. “This represents the achievement of a critical objective in our...