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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Caerus Resource Granted Nine Concessions in Two of Colombia’s Most Prolific Gold Districts

Caerus Resource Corporation report further property acquisitions in the region of two recent major gold discoveries in Colombia. White Gold Corporation’s Colombian subsidiary, Oro Barracuda Ltda., has been informed by Ingeominas (Instituto Colombiano de Geologia y Mineria), that it has been awarded nine concessions (claim blocks) totalling approximately 14,000 hectares in the departments of Tolima,... 

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Paramount Gold and Silver Corp. Commences Litigation Against Klondex Mines Ltd.

Paramount Gold and Silver Corp. has filed a statement of claim in the Supreme Court of British Columbia, Canada (the “Statement of Claim”) naming Klondex Mines Ltd. (“Klondex”) as the defendant in connection with the termination by Klondex of the binding Letter Agreement (the “Agreement”) dated July 20, 2009 between Paramount and Klondex whereby Klondex had agreed... 

Silver Quest Resources Ltd.: Exploration Update on the Yukon Projects

Silver Quest Resources Ltd. announce the commencement of a surface exploration program to further evaluate its properties in the White Gold area of the Yukon. The programs will comprise geological mapping, prospecting and auger sampling of previously defined geochemical anomalies on the Boulevard Property (see Press Release July 23, 2009), and prospecting and soil geochemistry on the Sizzler, VO, CC,... 

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Hinterland Mobilizes Exploration Crew to Ballarat Property, White River Gold Play, Yukon

Hinterland Metals Inc. announce that it has mobilized an exploration crew onto the Ballarat property located approximately 15km south of the Golden Saddle zone where Underworld Resources Inc. recently reported an outstanding gold discovery (UW: TSX-V Press Release May 26, 2009). Hinterland also reports that it has staked 14 additional claims bringing Ballarat up to 94 claims (1995ha) in size. The importance... 

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Mph Ventures Acquires Yukon Property Adjacent to Underworld’s White Gold Project

MPH Ventures Corp. announce it has entered into an agreement to acquire a 100 % interest in the Quartz Claims property. This property consists of 22 unit blocks located in the Yukon Territories adjacent and to the north-east of Underworld Resources Inc’s White Gold property. The total land package is approximately 950 hectares. Underworld has been exploring sediment and vein-hosted gold targets... 

Matamec Announces the Discovery of New Rare Earth-Yttrium Showings in the Kipawa Alkaline Complex

Matamec Explorations Inc. announce the discovery of new rare earth showings on its 100% Zeus property in Temiscamingue. The property covers 14 371 hectares and is located in the Kipawa alkaline complex. Mining Engineering magazine mentions in its “Industrial Minerals Review” June 2008 edition that consumption of REE, especially in automotive catalysts, fluid cracking catalysts, permanent... 

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Whitewater Mining Corporation Signs Letter of Intent for Coal Mining Concession in Colombia

Whitewater Mining Corporation, a junior exploration company who is acquiring and developing mining concessions in Latin America, has just signed a Letter of Intent for a 10,000 hectare thermic coal mining concession in Valledupar, Cesar in Colombia. The concession in an area with large bituminous coal reserves of excellent quality. Its preliminary evaluation has also shown mining potential in gold,... 

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Unico, Inc. Announces the Addition of a New Photo Gallery Showing the USGS Field Trip to the Deer Trail Mine

Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced the addition of a new photo gallery on the company’s corporate website, www.unicomining.com, showing the company and its wholly owned Deer Trail Mining Company subsidiary hosting the recent United States Geological Survey (USGS) 2008 Marysvale District Field Trip at the Deer Trail Mine property. The... 

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Adanac Molybdenum Corporation: Ruby Creek Project – Exploration Update

Adanac Molybdenum Corporation announces the results for 10 holes from its Ruby Creek 2007/2008 diamond drilling program. 2007/2008 Diamond Drill Program The program includes 60 holes starting at AD-372: AD-372 to AD-374 results previously reported on September 13, 2007 AD-375 to AD-383 results previously reported on July 10, 2008 AD-384 to AD-393 condemnation holes AD-394 to AD-402...