First Phase Program Commences At Zacatecas VANCOUVER, BC – Yale Resources Ltd. reported that its partner Enviro Energy Capital Corp. (CDNX:GEC.V – News) has started its first phase work program on the Mina San Jose, Zacatecas and Salvador claims that…

Record Gold Production At El Chanate  NEW YORK, NY – Capital Gold reported that it produced 5,375 ounces of gold in December at its El Chanate mine in Sonora, Mexico. This represents the Company’s best monthly production to date, and…

JV To Restructure Dominican Exploration Agreement  VANCOUVER, BC – GoldQuest Mining Corp. reported that the Company has been given notice by Gold Fields Dominican Republic BVI Limited that it has earned its 60% interest in select GoldQuest exploration projects by…

Nayarit Intersects 24.51 Metres Of 16.65 g/t Gold Equivalent  TORONTO – Nayarit Gold Inc reported additional encouraging drilling results from its ongoing 30,000 metre Phase II drill program at the Orion District in the State of Nayarit, Mexico. The Company…

Two New High-Grade Areas Discovered At El Gallo  TORONTO, ON – US Gold Corporation reported results from its El Gallo project in Sinaloa, Mexico. High-grade mineralization has been encountered at four separate locations. – Drilling expands original discovery, El Gallo…

Lindero Property Update Vancouver, BC – Mansfield Minerals Inc. is progressing with its pre-feasibility study at Lindero under the experienced supervision of American Au Ag Associates. Geotechnical studies have been completed under the direction of Benjamin Seegmiller, Ph.D, P.Eng, which…

San Luis Gold Resources Increase by 31% VANCOUVER, BC – The San Luis Joint Venture is pleased to report a 31% increase in measured and indicated gold resources at the San Luis Project in Peru, with measured resources of 61,000…

Gold Resource Corporation and Hochschild Mining Form Strategic Alliance DENVER, CO – Gold Resource Corporation reported that it has formed a strategic alliance with Hochschild Mining plc through a $5 million private placement of 1.67 million shares of GRC’s restricted…

Gitennes Reports On Progress At The Urumalqui Project VANCOUVER, BC – Gitennes Exploration Inc. reported on recent developments at the Urumalqui Property, a silver and gold project located in north-central Peru. Since the completion of core drilling in March 2008…

Agnico-Eagle Completes Purchase Of Surface Rights TORONTO – Agnico-Eagle Mines Limited reported that it has agreed to issue 900,000 common shares at a price of US$38.00 per share to fund the previously announced purchase of surface rights and advance royalty…