Resource Doubles At Homestake Silver Deposit at Homestake Ridge  VANCOUVER, BC – Bravo Gold Corp. reported that Roscoe Postle Associates Inc. (RPA) have completed their resource update for the Homestake Silver deposit, one of two deposits discovered to date at…

New Model For How Nevada gold Deposits Formed  RENO, NV – A team of University of Nevada, Reno and University of Nevada, Las Vegas researchers have devised a new model for how Nevada’s gold deposits formed, which may help in…

Newmont Gold Reserves Increase To 93.5 Million Ounces  DENVER, CO – Newmont Mining Corporation reported that it increased attributable gold reserves by 1.7 million ounces to 93.5 million ounces in 2010. Highlights include: Attributable gold reserves of 93.5 million ounces,…

Milestone For Mt. Hope Environmental Impact Statement   LAKEWOOD, CO – General Moly reported that the Bureau of Land Management circulated the second draft of the Mt. Hope project’s Preliminary Draft Environmental Impact Statement (PDEIS) to cooperating agencies. Cooperating agencies will…

New Gold Had Highest Gold Production  VANCOUVER – "2010 was a great year for New Gold as we achieved multiple goals; most notably our operations continued to deliver strong results, we were able to meaningfully increase the underlying value of…

Drill Program Begins At Pan Gold Project  DENVER, CO – Midway Gold Corp. reported the start of renewed drilling at its Pan Project in White Pine County, Nevada. Drill plans include 6,500 meters of reverse circulation (RC) drilling and 600…

IAMGOLD Receives US$49 Million From La Arena Option  TORONTO, ON – IAMGOLD Corporation reported that Rio Alto Mining Limited has exercised its option to acquire 100% of IAMGOLD’s Peruvian copper/gold project for US$49 million cash. In 2008, the Company initiated…

Development And Production Activities At Hollister Trial Operation  VANCOUVER, BC – Great Basin Gold Ltd. reported on the progress of exploration, development and production activities at its Hollister trial mining operation in Nevada, USA and its Burnstone Mine in South…

Drilling Commences At Mineral Ridge Gold Project  VANCOUVER, BC – Scorpio Gold Corporation has commenced its 2011 drilling program on the Mineral Ridge gold project in Esmeralda County, Nevada. This drilling represents the start of a budgeted 43,200 feet aggressive…

Canarc To Update Economic Assessment  VANCOUVER – Canarc Resource Corp. reported that it has commissioned an updated NI 43-101 preliminary economic assessment report ("PEA") for the New Polaris gold mine project in northwestern British Columbia. The updated study will be…