Waterton Becomes Scorpio Gold’s Joint Venture Partner   VANCOUVER, BC – Scorpio Gold Corporation reported that an affiliate of Waterton Global Value L.P. ("Waterton"), the Company’s lender and the lender to Golden Phoenix Minerals, Inc. ("Golden Phoenix"), has acquired…

  Excelsior Commences Drilling Program At Gunnison   VANCOUVER, BC – Excelsior Mining Corp. has commenced its 2012 drilling program on the Gunnison Copper Project, located in southern Arizona. The program has begun with the utilization of both a diamond…

  U.S. Energy In Progress Of Developing Mt. Emmons Project   RIVERTON, WY – U.S. Energy Corp. reported that it is in the process of developing a world class molybdenum deposit in Gunnison County, Colorado, known as the Mt. Emmons…

Stillwater Advances Growth Strategy   BILLINGS, MT – Stillwater Mining Company reported consolidated net income for the 2012 first quarter of $2.4 million, or $0.02 per diluted share. Total revenues for the first quarter were $203.1 million. This compares to…

  Premier Enters Agreeent To Acquire Cove Gold Project   THUNDER BAY, ON – Premier Gold Mines Ltd. has entered into a letter of intent to acquire a 100% interest in the Cove Gold Project, located in the heart of…

  Pershing Gold Reports New Discovery at Relief Canyon   LAKEWOOD, CO – Pershing Gold Corporation reported the discovery of a new zone of high-grade gold mineralization at the Relief Canyon Mine property in Pershing County, Nevada. Results of its…

  Coeur Reports Solid First Quarter Results   COEUR D’ALENE, ID – Coeur d’Alene Mines Corporation produced 4.9 million ounces of silver and 43,901 ounces of gold in the first quarter of 2012, which resulted in $204.6 million in sales…

  Drilling At West McArthur/Cree East Strike Target Zones and Strong Alteration Systems     VANCOUVER – CanAlaska Uranium Ltd. reporte on a preliminary summary of drilling for its two winter drill programs in the Athabasca Basin. Drilling was undertaken at…

  American Bonanza’s Copperstone Mine Ships First Gold   VANCOUVER – American Bonanza Gold Corp. reported that the 100% owned Copper-stone gold mine in Arizona has placed onto transport its first shipment of gold bearing concentrates. The first concentrate shipment…

  Drilling Confirms High Grade Mineralization At Wafi-Golpu   JOHANNESBURG – Harmony Gold Mining Company Limited reported that drilling at Wafi-Golpu in Papua New Guinea continues to confirm the continuity of the high grade mineralization of the resource. Eight drilling rigs…