Klondex Plans Initial Gold Production    ELKO, NV – Klondex Mines Ltd. reported the official start of underground mining at its high-grade Fire Creek mine site in Northern Nevada. Yesterday afternoon Klondex has completed the inaugural blast of its underground…

Joint Venture For Rattlesnake Hills Project   VANCOUVER, BC – Evolving Gold Corp. reported that it has signed a Letter Agreement with a subsidiary of Agnico-Eagle Mines Ltd. to form a joint venture on its Rattlesnake Hills project in Wyoming…

Drill Program On Gunnison Copper Property  VANCOUVER, BC – Excelsior Mining Corp. reported additional assay results from the drill program on the Gunnison Copper Property located within the copper porphyry belt in 65 miles southwest of Tucson, Arizona in Cochise…

Drilling Continues To Expand the High-Grade Zone  RENO, NV – Allied Nevada Gold Corp. reported highlights from additional drilling in the area of the previously announced high-grade Saddle Zone at its wholly owned Hasbrouck Project, located five miles south of…

U.S. Coal Mining Companies Reclaim Nearly 2.4 Million Acres of Land  WASHINGTON, DC – U.S. coal mining companies have successfully reclaimed 2,376,805 acres of formerly mined lands from 1978 through FY 2009, according to government statistics updated this week. The…

Columbus Intersects 2.42 g/t Gold Over 13.6 Meters   VANCOUVER, BC – Columbus Gold Corporation reported the completion of Phase 1 drilling at the Eastside Gold Project, Nevada, where twelve holes totaling 7,405 feet were completed. The best result was…

First Quarter Operating Performance Exceeds Expectations  RENO, NV – Allied Nevada Gold Corp. reported net income of $0.2 million in the first quarter of 2011. The company initiated an aggressive exploration campaign to follow-up on the results encountered early in…

Revett Ramps Up Mining In C Bed Area    SPOKANE VALLEY, WA – Revett Minerals Inc. reported first quarter 2011 production from its Troy Mine in northwestern Montana of 245,068 ounces of silver and nearly 2 million pounds of copper…

Significant Resource Increase At Jerritt Canyon  VANCOUVER, BC – Yukon-Nevada Gold Corp. reported new and increased mineral resource estimate for its wholly-owned Jerritt Canyon operating gold mine in Elko County, Nevada. Jerritt Canyon is operated by Queenstake Resources USA Ltd.,…

Newmont Reported Record Quarterly Operating Cash Flow   DENVER, CO – Newmont Mining Corporation reported record operating cash flow of $989 million for the first quarter of 2011, compared to $728 million in the first quarter of 2010, an increase…