Target Delineation Work For Norma-Sass Property   VANCOUVER, BC – Coral Gold Resources Ltd. reported that we have been notified by Barrick Gold Exploration that plans are underway to do target delineation work in Q2 followed by deep drilling in…

Administrative Licenses and Approvals for Cobalt Project   VANCOUVER, BC – Formation Capital Corporation has reported an update by its wholly owned subsidiary, Formation Capital Corporation, U.S. regarding the remaining administrative licenses and approvals for the 100% owned Idaho Cobalt…

Donlin Creek Feasibility Study Adds 14.7 Mozs   VANCOUVER, BC – NovaGold Resources Inc. reported results of a feasibility study completed for its Donlin Creek project. The Donlin Creek project is owned equally by NovaGold and Barrick Gold U.S. Inc…

Mitsubishi and Copper Mountain To Extended MOU   VANCOUVER, BC – Copper Mountain Mining Corporation reported that the Company continues to advance the Copper Mountain Project in British Columbia towards production with the assistance of Mitsubishi Materials Corporation. Discussions between…

Production Commences At Frog’s Leg Mine   MONTREAL – La Mancha Resources Inc. produced 18,515 ounces of gold at an average cash cost of US $451 per ounce during the first quarter of 2009 compared to 16,260 ounces of gold…

Tonogold Reduces King Tonopah Land Position   LA JOLLA, CA – Tonogold Resources, Inc. has terminated its North Tonopah Mining Lease with Option to Purchase covering 65 unpatented lode mining claims in Nye County, Nevada. Tonogold continues to lease eight…

Quadra Production Results In Line With Mine Plan   VANCOUVER, BC – Quadra Mining Ltd., President Paul Blythe, reported that, "Revenues were derived from two operations this quarter with the Robinson Mine continuing to dominate revenues, generating $97 million from…

Merger Plan Will Create One of America’s Largest Coal Producers   ABINGDON, VA – Alpha Natural Resources, Inc. and Foundation Coal Holdings, Inc. reported that they have signed a definitive agreement under which the two companies will merge in an…

US Gold Increases Gold Resources in Nevada   TORONTO, ON – US Gold Corporation reported a substantial increase in the estimated mineral resource at the Company’s Gold Pick, Gold Ridge North, Cabin Creek and Hunter deposits located on the property commonly…

New Jersey Mining To Commence Drilling At Toboggan Project   KELLOGG, ID – New Jersey Mining Company reported that it expects core drilling to start at its Toboggan project in mid-May. The Toboggan project is a gold exploration joint venture…