Azimut Outlines An Extensive Radioactive Zone LONGUEUIL, QUEBEC – Azimut Exploration Inc. reported the prospecting discovery of a 6-km-long radioactive zone on its Daniel Lake property in the eastern part of the Ungava Bay region of Nunavik, Quebec. The delineation…

Victoria Gold To Acquire Gateway Gold Corp. TORONTO, ON – Victoria Gold Corp. and Gateway Gold Corp. reported that their respective boards of directors have approved a letter of agreement in respect of a proposed friendly transaction in which Victoria…

ValGold Completes Acquisition of Tower Mountain Property VANCOUVER, BC – ValGold Resources Ltd. reported that, pursuant to an agreement dated June 25, 2002, it has commenced paying an annual pre-production royalty on its 100% interest in the Tower Mountain Gold…

US Gold Outlines Nevada Exploration Program DENVER, CO – US Gold Corporation reported that drilling has resumed on its Cortez Trend properties. The Company’s primary objective in Nevada is to discover the next Cortez Hills deposit. “During the first half…

Positive Preliminary Assessment on Nichols Ranch Uranium ISR Project CASPER, WY – Uranerz Energy Corporation reported the receipt of a positive Preliminary Assessment on the economics and technical viability of the Company’s Nichols Ranch Uranium In-Situ Recovery (“ISR”) Project in…

High Grade Mineralization At Komahun Project TORONTO, ON – AXMIN Inc. reported that the last drill results from the 2008 program continue to deliver very good grades over excellent widths at the Komahun Gold Project, Nimini Hills, Sierra Leone. The…

Resource Estimate On Birch Lake Copper-Nickel-PGM Resource SPOKANE, WA – Franconia Minerals Corporation reported to report that the Technical Report has been filed supporting its previously announced updated resource estimate for the Main Zone at the Birch Lake property copper-nickel-platinum…

Mt. Milligan Environmental Assessment Application Accepted VANCOUVER, BC – Robert Pease, President and CEO of Terrane Metals Corp. reported that the Environmental Assessment Application for the commercial development of the Mt. Milligan Copper-Gold Project has been accepted for review by…

Romarco Has Major Resource Increase at Haile SPARKS, NV – Romarco Minerals reported a major increase in the mineral resources at its wholly-owned Haile Gold Mine in South Carolina.  The new measured and indicated resource stands at 1.5 million ounces…

U.S. Energy Corp. Sells Interest in Sutter Gold Mining RIVERTON, WY – U.S. Energy Corp. reported that it has completed the sale of an aggregate of 39,062,720 common shares of Sutter Gold Mining Inc. representing approximately 49.9% of the outstanding…