Eau Claire Drilling Intersects High-Grade Gold   TORONTO, ON – Eastmain Resources Inc. reported final assay data from 20 drill holes completed during a winter campaign on its wholly-owned Eau Claire Gold Deposit, located in James Bay, Northern QuŽbec. 65…

Hecla Mining’s Silver Production Increases 128%   COEUR DALENE, ID – Hecla Mining Company President and Chief Executive Officer Phillips S. Baker, Jr., said, ”We had a much improved first quarter with all operational benchmarks showing significant improvement compared with…

Barrick Earns $371 Million In First Quarter   TORONTO – Barrick Gold’s Q1 production was 1.76 million ounces of gold at net cash costs of $404 per ounce (applying credit for non-gold sales) or total cash costs of $484 per…

Imperial Options Claim Adjacent to MountPolley’s Boundary Zone   VANCOUVER, BC – Imperial Metals Corporation reported that it has entered into an option agreement with Valley High Ventures Ltd. to acquire a 100% interest in a portion of a claim…

Focus On Concealed Carlin-Type Gold Targets     LAKEWOOD, CO – Taranis Resources Inc. reported that it has made a strategic decision to focus its exploration efforts on pediment-covered targets in Nevada after having assembled a state-wide exploration database aimed…

First Quarter Production Tops 27,000 Ounces     TORONTO, ON – Wesdome Gold Mines Ltd. is pleased to announce strong first quarter gold production and bullion sales. Rolly Uloth, President, commented "Strong grades and increased gold prices continue to favour…

Timberline Files Underground Exploration Plan   COEUR D’ALENE, ID – Timberline Resources Corporation reported on the filing of the Underground Exploration Plan and the acquisition of additional property at its Butte Highlands Gold Project in southwestern Montana. Timberline has rapidly…

Newmont Generates First Quarter Net Cash Of $387 Million   DENVER, CO – Newmont Mining Corporation reported first quarter results, with net cash from continuing operations of $387 million with equity gold sales of 1.27 million ounces at an average…

Barrick Pours First Gold at Buzwagi   TORONTO, ON – Barrick Gold Corporation reported the first gold pour at its Buzwagi mine in Tanzania. In 2009, Buzwagi is expected to produce approximately 200,000 ounces of gold at total cash costs…

Idaho Cobalt Project  Record of Decision   VANCOUVER, BC – Formation Capital Corporation reported that its wholly owned subsidiary, Formation Capital Corporation, U.S. has received notice from the United States Department of Agriculture Salmon Challis National Forest that the Record…