Commencement of Drilling on Exploration Target GOLD HILL, NV – GoldSpring, Inc. reported the expansion of its land position at its Comstock Project through the recent acquisition of the Dondero property, which is located 1.5 miles south of its Hartford…

General Moly Reports Mt. Hope Project Update LAKEWOOD, CO – General Moly finished the year with an unaudited consolidated cash balance of $91 million. Based on a revised cash expenditure projection, existing cash is anticipated to last the Company at…

New Resource Estimate At Mt. Todd Project DENVER, CO – Vista Gold Corp. reported 57% Increase in Measured and Indicated Gold Resource Estimates at the Mt. Todd Project, in Northern Territory, Australia, Increasing Measured and Indicated Resources by 1.65 Million…

Amarc Receives $1.5 Million For The METC Program VANCOUVER, BC – Amarc Resources Ltd. Reported that the Company has received $1.5 million in cash from the British Columbia Mining Exploration Tax Credit (METC) program.The METC initiative was introduced by the…

Goldcorp To Drill At Wabamisk Property LONGUEUIL, QC – Azimut Exploration Inc. reported that its partner Goldcorp Inc. is commencing a 2,800-metre diamond drilling program in early February to test several quality gold targets on the Wabamisk property in the…

Ongoing Trial Mining Operations At Hollister VANCOUVER, BC – Great Basin Gold Ltd. reported its underground exploration and development (inclusive of trial mining and metallurgical test work) at Hollister for the year ended December 31, 2008.During the period under review,…

Quadra Mining Improves Robinson Mine Plan VANCOUVER, BC – Quadra Mining Ltd. reported a revised mine plan and increased 2009 copper production guidance for its 100% owned Robinson Mine (“Robinson”) in Ely, Nevada. The Company’s guidance for its Carlota mine…

Drill Results Confirm and Extend Gold Zones at Long Canyon RENO, NV – AuEx Ventures, Inc. reported new gold drill intercepts, including hole LC160C returning 83.5 feet at 0.155 ounces per ton and hole LC161C returning 48 feet at 0.267…

Thompson Creek Changes Production Guidance For 2009 TORONTO – Thompson Creek Metals Company Inc. reported that due to unfavorable market conditions and reduced demand for molybdenum, the Company intends to reduce molybdenum production in 2009 from levels that were previously…

Revett Receives Approval of Rock Creek Environmental Assessment SPOKANE VALLEY, WA – Revett Minerals Inc. and 67% held subsidiary, Revett Silver Company, and its wholly owned subsidiary RC Resources Inc. reported that it has received notice from the Montana Department…