Galway Increases Drill Rigs In Colombia  TORONTO, ON – Galway Resources Ltd. a review of its recent drill results at the California and Vetas projects in northeastern Colombia. There are currently 3 drill rigs operating at the California property, with…

Strong Performance At San Jose Mine  TORONTO, ON – Minera Andes Inc. reported net income of $10.7 million for the quarter ended June 30, 2011, an increase of $6.4 million compared to net income of $4.3 million for the same…

Panthera Acquires High Grade Iron Project in Argentina  VANCOUVER – Panthera Exploration Inc. reported that it has entered into an option agreement with a private company to earn a 100% interest in the 74,796 ha Fierro iron ore project, located…

Rio Novo Gold Intersects 2.10 g/t Au   TORONTO, ON – Rio Novo Gold Inc. reported assay results from the ongoing drilling program at its 100% owned Almas Gold Project, located in the State of Tocantins, Brazil. Rio Novo has…

Initial Mineral Resource Estimate at San Ignacio Project  VANCOUVER, BC – Great Panther Silver Limited reported the initial mineral resource estimate at the Company’s 100% owned San Ignacio Project in Guanajuato, Mexico. The 2011 mineral resource estimate comprises Inferred Mineral…

  Yanacocha Continues As The Largest Latin America Gold Producer DENVER, CO – In Peru, Newmont Mining Corporation holds a 51.35 percent interest in Minera Yanacocha S.R.L., which includes the mining operations at Yanacocha and the Conga project. Located high…

Results At Cerro Jumil Project  VANCOUVER, BC – Esperanza Resources Corp. reported on its Cerro Jumil, Mexico project. An additional 5,566 meters of drilling has now been completed since the start of the current campaign for a project total of…

SRK Consulting To Prepare Resource Estimate and NI-43-101 Technical Report on Santa Rosa Gold Mine  SPARKS, NV – Golden Phoenix Minerals, Inc. has engaged SRK Consulting (U.S.) Inc. to prepare a resource estimate and a NI-43-101 Technical Report for the…

Quadra FNX Completes Joint Venture With Sumitomo for Development of Sierra Gorda  VANCOUVER, – Quadra FNX Mining Ltd. reported that Quadra FNX with Sumitomo Metal Mining Co., Ltd and Sumitomo Corporation have completed the formation of the previously announced Joint…

First Stage of Expansion At The La Parrilla Processing Plant Completed  VANCOUVER, BC – First Majestic Silver Corp. reported completion of the first stage of expansion at the La Parrilla Silver Mine’s processing plant in Mexico. The new 1,000 tpd…