Dynamite Resources to Begin Next Phase of Drilling TORONTO, ON – Dynamite Resources Limited reported that the seasonal start-up crew will be onsite to begin preparing for the drilling program at the Company’s Mike Lake Gold-Copper Project in west-central Yukon,…

Engineering And Procurement Status At Cobalt VANCOUVER, BC – Formation Capital Corporation has been provided an update by its wholly owned subsidiary, Formation Capital Corporation, U.S. regarding the Engineering and Procurement status of its 100% owned Idaho Cobalt Project (ICP)…

Encouraging Assays At East Manhattan VANCOUVER, BC – Fortune River Resource Corp. reported preliminary gold assays from the first five drill holes completed at the Company’s 100% owned East Manhattan low-sulfidation gold/silver project. The project, which consists of 84 claims…

Freegold Readies for Summer Drilling VANCOUVER, BC – Freegold Ventures Limited reported that fieldactivities on the Vinasale gold project, located 16 miles south of McGrathin central Alaska, will commence in early July. The 2008 program willinclude ground based geophysics and…

Atna Drilling Extends Gold Mineralization at Briggs Mine GOLDEN, CO – Atna Resources Ltd. reported assay results from drillingcompleted in February 2008 at the Briggs Mine in Inyo County, California. Atotal of 2,905 feet were drilled in five angled reverse…

Gryphon Gold Enters Joint Venture Agreement With New Dimension Resources in Western Nevada VANCOUVER, BC – Gryphon Gold Corporation reported that its wholly owned subsidiary, Nevada Eagle Resources, has entered into a Joint Venture Agreement with New Dimension Resources Ltd…

Carlota Scheduled Fo Production In 4Q VANCOUVER, BC – Quadra Mining Ltd. reported net earnings of $79,811 for the first quarter of 2008 compared to net earnings of $43,111 for the first quarter of 2007. During the quarter, Quadra generated…

Intention To Phase Out Custom Milling At Jerritt Canyon VANCOUVER, BC – Yukon-Nevada Gold Corp. Graham C. Dickson, the President of Yukon-Nevada Gold Corp. reported that the Company has decided to phase out custom milling at the Jerritt canyon operation…

Barrick’s Net Income Rises 29% to $514 Million TORONTO, ON – Barrick Gold Corporation reported Q1 production of 1.74 million ounces of gold at total cash costs of $393 per ounce compared to 2.03 million ounces produced at total cash…

General Moly Completes Pre-Feasibility Study LAKEWOOD, CO – General Moly Inc. has re-named the Hall-Tonopah project the Liberty project and announced the completion of a Pre-Feasibility Study in respect of the Liberty Project which estimates production and capital and operating…