Guanaco Acquires Concessions In Chile AUSTRALIA – Austral Gold Limited reported that Guanaco Compañía Minera, the Chilean subsidiary of Guanaco Mining Company 100% owned by Austral Gold, has formally initiated the process to acquire an additional 49 concessions totaling some…

EXMIN Options East Durango Property to Quaterra Resources VANCOUVER, BC – EXMIN Resources Inc. reported that it has signed a letter agreement with Quaterra Resources Inc. to joint venture EXMIN’s East Durango Property, Mexico. The East Durango property consists of…

Candente Discovers a Second Copper-Gold Porphyry VANCOUVER, BC – Candente Resource Corp. reported that drilling has identified a second copper-gold porphyry located 1.3 km south of Canariaco Norte deposit. The first hole (CS08-001) in the Canariaco Sur porphyry intersected average…

Significant Grades At Cerro Colorado VANCOUVER, BC – Yale Resources Ltd. reported that the first phase of drilling has shown the potential for a significant silver/gold grades at the Cerro Colorado Target, Urique North, Mexico. Drilling at Cerro Colorado successfully…

Positive Drilling At Palmarito Project DENVER, CO – US Gold Corporation reported a positive conclusion to phase one drilling at the Palmarito Project. Drilling intersected 4.07 ounces per ton (opt) silver over 80 ft., including 6.38 opt silver over 30…

Significant Sulphide Body At Santander Project VANCOUVER, BC – Trevali Resources Corp. reported that diamond drilling has confirmed the presence of a significant sulphide body at the Magistral South zone on its Santander silver-lead-zinc project located in the Cerro de…

Drilling Intercepts Apparent Native Copper TORONTO, ON – Soltoro Ltd. and Southern Silver Exploration Corp. reported progress today in early drill testing of the Altavista and Texcalame prospects located in the northern portion of the Quila concession in Jalisco, Mexico…

New Dimension Acquires Gold-Copper Project VANCOUVER, BC – New Dimension Resources Ltd. reported that it has signed agreements to obtain a 100 percent interest in a large gold-copper mineral system located near the community of Querobamba in southwestern Peru.The property…

Mirasol Increases Land Holding At Espejo VANCOUVER, BC – Mirasol Resources Ltd. reported that it has acquired by staking interest in 199 square kilometres of claims adjoining its wholly owned Espejo project in mineral-rich Santa Cruz Province of Argentina.Mirasol has…

Exploration Increases Size Of Los Azules Target SPOKANE, WA – Minera Andes Inc. reported that the final results from core holes drilled during the 2007-2008 exploration field season at the Los Azules porphyry copper project confirm that the copper target…