New Drilling Hits High-Grade Gold   TORONTO, ON – Pele Mountain Resources Inc. announced that Coventry Resources Ltd. reported additional drill results from Pele’s Ardeen Gold Project in Northern Ontario. Coventry is earning into the project pursuant to its option…

Gold Production set to Increase by up to 48%   MONTREAL, QB – La Mancha Resources Inc. reported that its consolidated gold production for 2009 reached a record 94,570 ounces, compared to 71,550 ounces of gold for 2008, in line…

Exploration Plans for Toboggan Project   KELLOGG, ID – New Jersey Mining Company reported preliminary exploration plans for the 2010 field season for the Toboggan Project located near Murray, Idaho. The Toboggan project is a gold exploration joint venture between…

Phase II Drilling On The Destiny Gold Project   VANCOUVER, BC – Pacific North West Capital Corp. and Alto Ventures Ltd. reported that the Phase II diamond drilling program has commenced at the DAC Deposit on the Destiny Gold Project…

Significant Results For The Newton Gold Discovery   VANCOUVER – Amarc Resources Ltd. reported that assay results received from the last seven holes of a 14-hole diamond drill program, completed in late 2009, continue to confirm that the Newton Property…

Encore Encounters New Vein   VANCOUVER, BC – Encore Renaissance Resources Corp. reported that one of the new veins previously announced December 10, 2009 was encountered while in the underground development of the decline and widened appreciably. The vein has…

New Gold Zone At Gold Jackpot Property   VANCOUVER, BC – Mexivada has outlined a significant new zone of gold mineralization at the surface in the northern part of its 2060 acre Gold Jackpot sediment-hosted gold-silver-tellurium property, located 70 Km…

Stepout Hole at Long Canyon Reports 160 Feet @ 0.124 opt Gold   VANCOUVER, BC – AuEx Ventures, Inc. reported additional, new gold intercepts from step-out/exploration drilling completed at the Company’s 49% owned Long Canyon gold exploration project located within…

Duluth Metals Announces Joint Venture With Antofagasta   TORONTO, ON – Duluth Metals Limited reported that it has signed a binding heads of agreement with Antofagasta plc on a joint venture development of the large scale Nokomis Project in northeast…

Hecla Announces Record Silver Production of 10.9 Million Ounces   COEUR D’ALENE, ID – Hecla Mining Company reported record silver production of 10.9 million ounces, a 26% increase compared with 2008. Production records were also established for lead and zinc…