American Mining Corporation Signs LOI to Form Production Joint Venture on Terra Gold Project, Alaska

American Mining Corporation announce that it has signed a binding letter of intent to enter into a joint venture with International Tower Hill Mines Ltd., in respect of ITH’s high grade Terra Gold Project in Alaska. Pursuant to the letter of intent, Terra Gold Corp. (“Terra”), an Alaskan subsidiary of AMC and Raven Gold Alaska Inc. (“Raven”), a subsidiary of ITH, will form a joint venture... 

Powertech Submits BLM Application Dewey-Burdock Project

Powertech Uranium Corp. announce that it has submitted the required Plan of Operation to the U.S. Department of Interior’s Bureau of Land Management (BLM) for its Dewey-Burdock uranium in situ project. The project, which is located in Fall River and Custer Counties, South Dakota (SD), consists of 10,580 surface and mineral acres controlled by the Company through active mining leases, purchases... 

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Nevada Gold Holdings Inc. Stakes New Lode Mining Claims on Tempo Prospect

Nevada Gold Holdings, Inc. a mineral exploration company focused on identifying and developing large-scale gold deposits in Nevada, is pleased to announce that the Company has staked an additional 60 claims, an additional 1200 acres, contiguous to the existing 146 claims. These 206 claims, comprising approximately 4000 acres or 6.3 square miles, have been located to cover a district-scale gold deposit... 

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USA Uranium Joint Ventures Gold Property with Mariposa Resources

USA Uranium announce that it is has negotiated the acquisition of an option on a 100% interest in the Jack Creek property. Concurrently, USA Uranium has entered into a joint venture with Mariposa Resources Ltd. whereby Mariposa will acquire a 60% interest in the property upon payment of 6,000,000 shares and completion of a $400,000 Phase One work program. The property vendor has retained a 3% Net Smelter... 

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Hunt Gold Corporation Acquires Additional Mines & Stakes 26 Lode Mining Claims

Hunt Gold Corporation Hunt Gold announced that an additional 26 lode mining claims had been acquired at its “Mockingbird” Gold property in Arizona. Hunt Gold Corporation’s CEO Mike Saner stated that, “We are very excited by the great start to our ‘Mockingbird’ Gold Project and the huge opportunity that this project represents for the company and its shareholders.... 

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Cambridge Energy Corporation Announces Joint Venture for Gold River Mine Project

Cambridge Energy Corporation announced that the Company has entered into a joint-venture agreement for production of the Gold River Mine Group, including noted properties with extensive mining histories and precious metal ore bodies that are geologically well documented including The Sun Gold Group, The Big Chief Group, The Oro Cache Mine, The Eagle Mine and The Treasure Gulch Mine. Based on historic... 

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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,... 

Gryphon Gold Enters Lease with Newmont on Scarper Property

Gryphon Gold Corporation report that Nevada Eagle Resources, a wholly owned subsidiary of Gryphon Gold, entered into a lease agreement whereby Newmont Mining Corporation has agreed to undertake exploration and development, if warranted, of Nevada Eagle’s Scraper property, located on the northern extension of Nevada’s prolific Carlin trend. The Scraper property consists of 33 unpatented... 

TSX Venture Exchange Approves UCR Option Agreement for New Mexico Property

Uranium City Resources Inc. announce that the TSX Venture Exchange has now approved the previously announced (see Press Release of September 30, 2008) Option Agreement with Running Fox Resources whereby UCR can earn up to a 60% interest in 178 lode mining claims (over 3160 acres) located in a well known area of mineralization south and west of Albuquerque, New Mexico. For UCR to earn a 50% interest,... 

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USCorp Adds Claims at Its Arizona Twin Peaks Gold Property

USCorp announced the addition of ten 20-acre lode mining claims at its Twin Peaks Project in Yavapai County, Arizona. USCorp’s Twin Peaks project now consists of 151 lode claims on 3,020 acres. These 10 additional claims have filled in the “holes” in the otherwise contiguous Twin Peaks claims group in the northeast Crosby section and added additional claims on the northwest border of the Hayes...