Positive Preliminary Assessment Study on Westwood Project TORONTO, ON – IAMGOLD Corporation reported positive results from the updated Preliminary Assessment Study (the “Study”) on its 100% owned Westwood Gold Project located in Quebec, two kilometres east of IAMGOLD’s producing Doyon…

Completion of $30 Million Expenditure at Pinson GOLDEN, CO – Atna Resources Ltd. reported that it has received notice from Pinson Mining Company (“PMC”), a subsidiary of Barrick Gold, that it has completed the required $30 million expenditure at the…

More High-Grade Silver Intersected at Maverick Springs VANCOUVER, BC – Silver Standard Resources Inc. as operator of the Maverick Springs joint venture, reported successful follow-up diamond drilling from the 2006 program in which MR-166 intersected 140 feet grading 7.65 ounces…

Kinross Completes Initial Drilling At Thunder Mountain VANCOUVER, BC – Midway Gold Corp. reported that a first pass drill program was completed by Kinross Gold at Midway’s Thunder Mountain project. Seven reverse circulation holes (3440 feet) were completed in late…

Hecla Announces Mine Plan Acceptance COEUR DALENE, ID – Hecla Mining Company reported that it has been notified by its banking group the mine plan is satisfactory. Accepting the mine plan confirms the bridge loan maturity date of February 16,…

Record Annual Production Results From Robinson Mine VANCOUVER, BC – Quadra Mining Ltd. reported the 2008 fourth quarter and annual production results from its 100% owned Robinson Mine located in Ely, Nevada. In the fourth quarter 2008 copper production was…

Mega Silver Options Eagle Vein Property VANCOUVER, BC – Mega Silver Inc. reported that it has entered into an option agreement with Avino Silver & Gold Mines Ltd. to earn the exclusive right and option to acquire a 100% title…

Ashdown Mine On Care And Maintenance SPARKS, NV – Golden Phoenix Minerals, Inc. reported that in response to the sharp reduction in demand and price for molybdenum worldwide, the Ashdown molybdenum mine in Humboldt County, Nevada has been placed on…

Hecla Acquires Assets of Independence Lead Mines COEUR D’ALENE, ID – Hecla Mining Company reported that it has acquired substantially all of the assets of Independence Lead Mines Company (ILM), located in northern Idaho’s Silver Valley. ILM shareholders voted overwhelmingly…

Hecla’s Silver Production Increased By 88% COEUR D’ALENE, ID – During the third quarter, Hecla Mining Company produced 2.5 million ounces of silver, 88% more silver than the same quarter a year ago, at an average total cash cost per…