Commitment For Financing Of Idaho Cobalt Project  VANCOUVER, BC – Formation Metals Inc. has received and accepted a commitment from BNP Paribas for the financing of its 100% owned Idaho Cobalt Project ("ICP"). The Commitment contemplates a US$79,500,000 Senior Secured…

Drill Results Reported From Stevens Basin Project   VANCOUVER, BC – Columbus Gold Corporation reported Phase I drilling results by JV partner, Navaho Gold PTY Ltd at Columbus Gold’s Stevens Basin project located in Nevada. Navaho Gold can earn an…

Barrick Sells Pinson Mine Interest To Atna Resources Ltd.  TORONTO, ON – Barrick Gold Corporation sold its 70% interest in the Pinson Mine (the "Pinson Mine"), located in Humboldt County, Nevada, to Atna Resources Ltd. In consideration for Barrick’s interest…

Firestone Ventures Commences Drilling At Black Mountain   EDMONTON – Firestone Ventures Inc. reported the start of the 2011 drilling program at the Company’s Black Mountain zinc-lead-silver property, located 29 km northeast of Wells, Nevada. Firestone Ventures has an option…

Hycroft Gold And Silver Increase  RENO, NV – Allied Nevada Gold Corp. President and CEO, Scott Caldwell said,  The Hycroft Mine near Winnemucca, NV (TSX:ANV)(NYSE Amex:ANV) is pleased to announce a summary of the updated mineral reserve and resource estimates…

Barrick Reports Two Gold Discoveries in Nevada    TORONTO – Barrick Gold Corporation reported that it has made two significant gold discoveries on the Company’s 100%-owned Cortez property in Nevada. These two discoveries, known as Red Hill and Goldrush, are…

Discovery Of The Franco Zone At Hasbrouck  RENO, NV – Allied Nevada Gold Corp. reported highlights from recent drilling at its wholly owned Hasbrouck project located five miles south of Tonopah, Nevada. Recent assay results indicate the discovery of two…

Water Rights Approval for Mt. Hope Project  LAKEWOOD, CO – General Moly, Inc. reported that through a subsidiary, received approval of its water applications for the Mt. Hope mine. The Nevada State Engineer issued ruling 6127 granting the Company’s water…

New Jersey Mining Intercepts 1.56 g/t Gold   KELLOGG, ID – New Jersey Mining Company NJMC 0.00% is pleased to announce the drill intercept of 29.6 meters of 1.56 g/t gold (true thickness) in drill hole GC 11-16 from a…

Goldrich Starts Chandalar Gold Exploration Drilling  SPOKANE, WA – Goldrich Mining Company has begun a diamond-core drilling program at its Chandalar gold property in Alaska. The drilling program will test multiple targets with 25 to 30 angle holes averaging 500…