New Gold And Western Goldfields Enter Business Combination VANCOUVER, BC – New Gold Inc. and Western Goldfields Inc. reported that they have entered into a definitive agreement pursuant to which New Gold will acquire by way of a plan of…

Estimated Gold Resource Increases by 70% At Livengood VANCOUVER, BC – International Tower Hill Mines Ltd. Reported independent 2008 year-end updated mineral resource estimate for the Livengood gold project, near Fairbanks, Alaska. The independent study incorporates all of the 2008…

Commencement of Drilling on Exploration Target GOLD HILL, NV – GoldSpring, Inc. reported the expansion of its land position at its Comstock Project through the recent acquisition of the Dondero property, which is located 1.5 miles south of its Hartford…

Drilling Encounters Finn Zone on Broulan Reef Gold Project, Bruce Channel / Red Lake VANCOUVER, BC – Cypress Development Corp. and Skyharbour Resources Ltd. reported on their ongoing joint venture exploration program for their Cypress (80%) Skyharbour (20%) Broulan Reef…

American Bonanza Continuing To Advance Copperstone Project VANCOUVER, BC – American Bonanza Gold Corp. has developed a strategy to continue advancing the Copperstone project through feasibility and into production. Development of a low cost, scale-able mining operation is the strategy…

West Pequop Returns 141 Feet at 0.238 Ounces Gold Per Ton RENO, NV – AuEx Ventures, Inc. reported additional assay results, including core hole WNC-144 reporting 141 feet grading 0.238 ounces per ton gold (“opt”) from the Mountain Top zone…

Atna Reports Reserve Increase At Briggs Mine GOLDEN, CO – Atna Resources Ltd. Reported that it has completed a study that has significantly increased open pit ore reserves at the Briggs Mine in Inyo County, California. The study estimates that…

Revised Positive ROD for Idaho Cobalt Project VANCOUVER, BC – Formation Capital Corporation reported that its wholly owned subsidiary, Formation Capital Corporation, U.S. is in receipt of a news release issued by the United States Department of Agriculture Salmon Challis…

Reverse Circulation Drilling Program Completed at the Robertson VANCOUVER, BC – Coral Gold Resources Ltd. reported that its Reverse Circulation drilling program has been completed at the Robertson property in Crescent Valley, Nevada. The program totaled 22,835 ft of drilling…

Phase 4 Drilling Program At Elkhorn VANCOUVER, BC – Bayswater Uranium Corporation reported results from 177 holes, including 28 core holes and 149 rotary holes, from the Phase 4 drilling program carried out during the fall of 2008 at the…