Mengold Resources Inc. has entered into a binding Letter of Intent with Solomon Resources Limited for an Option and Joint Venture on the Goldcreek Property which is located in Shebandowan, NW Ontario.
Solomon will have the option to earn up to a 50% interest in the Goldcreek Property by incurring exploration expenditures totaling $5.4 million over [...]

Mengold Resources Inc. has closed a private placement through the sale of 2,000,000 units at a price of $0.25 per Unit, for gross proceeds of $500,000.
Each Unit consists of one flow-through common share and one transferable share warrant (each share purchase warrant a “Warrant” and collectively, the “Warrants”). Each Warrant entitles its holder thereof to [...]

Mengold Resources Inc. has finalized a Joint Venture Agreement with X-Ore Resources Inc. for the Greenwater Ni-PGE Property (Greenwater). Since the first announcement of this joint venture on March 3, 2008 (see news release NR-08-07), the partners have staked additional claims increasing the size of the property to 9,088 hectares (22,456 acres). This Property, located [...]

Alto Ventures Ltd. is pleased to announce the final results and provide a summary from its recent diamond drilling program on the 100% owned Coldstream gold project in the Shebandowan gold district, Ontario. The twin objectives of the 13 hole, 2,062 metre program were to establish continuity of mineralization and to determine if the Sanders [...]