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....
Yukon-Nevada Gold Corp. announce that it has recommenced processing ore and pouring gold at its roasting facility at Jerritt Canyon, Nevada. The first gold pour since permission was received from the Nevada Division of Environmental Protection (NDEP) for the restart of the milling facility was attended by the President and CEO of Yukon-Nevada Gold Corp. (YNG), Graham Dickson, the CFO of YNG, Shaun...
Hunt Gold Corporation announced on November 4, 2008 that it had been resolved that the Company will commence with the purchase of shares of its own Common Stock in the market. The Company is now in a position to confirm that it will commence these purchases early next week as the necessary arrangements have been made with Brokers to purchase these shares for and on behalf of the Company. The Company...
Golden Eagle International, Inc. reported that its C Zone gold operation has been affected by recent and ongoing political unrest in Bolivia. Road blockades and the lack of diesel fuel throughout the Santa Cruz Department (State), in which the C Zone mine and mill are located, over the past three-week period slowed mining and milling, and finally led to what the Company believes to be a temporary suspension...
Silver Verde May Mining Company announce that it has signed a letter of intent to acquire all of the issued and outstanding shares of Golden Eagle Mining Co., Inc.. Upon completion of due diligence and further director approvals, Verde May will issue 14,287,680 of its common shares to acquire all of the shares of Golden Eagle. Golden Eagle is an Idaho corporation incorporated in 1968. Golden Eagle...
Golden Eagle International, Inc. reported that it has purchased an additional 200 tonne-per-day (tpd) hammer mill for its C Zone gold mill in eastern Bolivia from its Brazilian manufacturer. The Company estimates that the mill will be delivered within the next three weeks based on the manufacturer’s representations. The Company has also placed a deposit on a third hammer mill with an additional...
Midway Gold Corp. is pleased to announce that it has acquired a 100% interest in Eagthe Golden Eagle property in Ferry County, Washington. Alan Branham, President and CEO of Midway Gold, stated that “we are pleased to have been able to come to an agreement with both Kinross and Hecla to acquire 100% of the property. The Golden Eagle property offers a very attractive underground high-grade vein...
Golden Eagle International, Inc. announced that it has begun a deep trenching program to prove continuity of the gold mineralization on the C Zone of its eastern Bolivian mining properties that both exploration and preliminary pilot operations have demonstrated. Contingent upon financing and final feasibility, trenching and processing gold-bearing material to a depth of up to 6 meters (20 feet) from...
Golden Eagle International, Inc. announced that it has received its environmental permits from the Bolivian government for expanding its pilot operations on the C Zone gold mineralization on its properties in eastern Bolivia. This will allow the Company to further develop it bulk sampling program with the goal of confirming its previous six-month exploration phase and moving toward full-scale operations...
Golden Eagle International, Inc. announced that its C Zone pilot gold operations in eastern Bolivia are continuing to develop important data that may lead to full-scale operations there. Golden Eagle’s pilot operations have shown that approximately 60% of the material being processed is made up of gold bearing quartz fragments from the weathered quartz veins that formed the C Zone gold mineralization....