Nebu Reports Assay Results, Updates Timmins West Gold Area Exploration Progress

Nebu Resources Inc. provides the following update on exploration activities on its Denton Township projects adjacent to properties held by Lakeshore Gold Mines Inc., approximately 30 kilometers southwest of Timmins, Ontario. The Company holds two properties in the area, one of which has been the subject of recent diamond drilling while the other has been the subject of initial exploration and is now... 

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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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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... 

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Converge Global Inc. Completes Acquisition of Benson Lake Gold Property

Converge Global Inc. a junior mining company whose business strategy is to acquire existing gold mines as well as to explore new gold properties across the globe with a current focus on Northern Canada and South America have completed a major acquisition of the Benson Lake Gold property. The Benson Lake Gold property is situated at Skead Township 12 miles South-East of Kirkland Lake, Ontario, Canada.... 

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Newstrike and Queenston Jointly Option Commodore Gold Property, Kirkland Lake Area, Ontario

Newstrike Resources Ltd. and Queenston Mining Inc. announce that they have entered into an option agreement with a third party to each purchase an undivided 50% interest in 36 mineral claims (12 patented claims and 24 unpatented claims) (600 ha) located in the historic Kirkland Lake gold camp. The claims form the Commodore property that covers a favourable gold horizon hosting a shallow historic mineral... 

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Drilling Update on Sarissa’s Nemegosenda Carbonatite Property

Sarissa Resources, Inc., announce that a contract has been arranged for an initial fall diamond drill program on its Lake Nemegosenda Carbonatite property. The property comprises approximately 4800 acres (1800 patented, and 3000 contiguous acres staked in 2008) in Northern Ontario. The property is easily accessible off of Highway 101 between Timmins and Chapleau, Ontario. Extensive exploration and... 

Richmont Mines to Terminate Joint Venture Option at Golden Wonder Mine

Richmont Mines Inc. a gold exploration, development and production company with operations in North America, today announced that it has completed diamond drilling activities from drill station # 5 at the past-producing Golden Wonder Mine near Lake City, Colorado. A total of 16 holes were completed by Richmont Mines in 2008 for a total of 2,037 metres of drilling. Most of the drilling was targeted... 

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Vault Minerals expands Goldbanks property in the Kirkland Lake Gold Camp

VAULT MINERALS INC announces that it has entered into option agreements to acquire two strategic claim units, contiguous to its Goldbanks property in the Kirkland Lake gold camp, Ontario. As previously announced, the Goldbanks property is situated in western Teck Township, 800 m west of the high-grade Macassa mine, which is currently operated by Kirkland Lake Gold Inc. The Macassa mine is the western-most... 

MacDonald Mines to Acquire 100% Interest in Highly Prospective Base Metal Property in Sachigo Greenstone Belt

MacDonald Mines Exploration Ltd. announce it has signed a Letter of Agreement with Shoreham Resources Ltd. to option 100% of Shoreham’s interest in the northwest region of Sachigo Greenstone Belt. The Property The now named “Saracourt Property” consists of approximately 36 claim blocks, which includes the northwest and southeast blocks, or 440 units, totaling 9000 hectares. It is... 

Vault Minerals acquires the Gauthier Property in the Kirkland Lake Gold Camp

VAULT MINERALS INC announces the recent acquisition of the Gauthier Property in the Kirkland Lake gold camp, Ontario. The property, comprising eighty-eight staked mining claims totaling approximately 1,400 ha, is situated about three km north of the past-producing Upper Canada gold mine (1.4M oz) in northern Gauthier Township. The claim group covers 5.3 km of strike extent of the west-northwest trending...