Azteca Discovers Sullivan-Style Massive Sulfides at Two Mile SPOKANE, WA – Matthew Russell, President of Azteca Gold Corp. reported drilling and geologic progress on the Company’s 50% owned Two Mile Project near Osburn, Idaho in the historic Silver Valley. "Azteca…

Favorable Horizons On DetourLake Properties   TORONTO, ON – Conquest Resources Limited reported that a newly published Ontario Geological Survey (OGS) regional airborne magnetic survey has identified four structural trends with prospectivity for gold mineralization within Conquest’s two properties in…

Drilling Intersects Gold At Sandman Project VANCOUVER – Fronteer Development Group Inc. reported the results of the first 12 holes completed by Newmont USA Limited, a subsidiary of Newmont Mining Corporation, as part of the ongoing 2009 US$5M work-program at…

Gryphon Gold Sells Blue Mountain Project to Nevada Geothermal   VANCOUVER, BC – Gryphon Gold Corporation reported that its wholly owned subsidiary, Nevada Eagle Resources (NER), has sold its Blue Mountain project to Nevada Geothermal Power Company (TSX VENTURE:NGP -…

New Jersey Mining Updates Golden Chest Progress KELLOGG, ID – New Jersey Mining Company reported on ts recent progress at the Golden Chest mine and its plans for future development, gold production and exploration. During the fourth quarter of 2008,…

Drilling Significantly Increased Resource and Produces Improved Mine Plan   VANCOUVER, BC – Copper Mountain Mining Corporation reported that it continues to advance the Copper Mountain Project towards production by mid 2011. Discussions with Mitsubishi Materials Corporation ("Mitsubishi") continue, long…

Pele Reactivates Highland Gold Project TORONTO – Pele Mountain Resources Inc. reported that it has reactivated its Highland Gold Project in response to a robust gold market. The Company initiated detailed data compilation, supported by field work during the fall…

Rimfire and Inmet Commence Drilling in the Lachlan Fold Belt VANCOUVER, BC – Rimfire Minerals Corporation reported that crews have been mobilized for the 2009 drilling program at the Barmedman project in New South Wales, Australia. The program will consist…

Arch Coal To Acquire Rio Tinto’s Jacobs Ranch Operation ST. LOUIS, MO – Arch Coal, Inc. reported that it has agreed to purchase Rio Tinto’s Jacobs Ranch mine in the Powder River Basin of Wyoming for $761 million. In 2008,…

US$59 Million Work Program to Prepare Pebble Project for Permitting VANCOUVER, BC – Northern Dynasty Minerals Ltd. Reported that the Pebble Limited Partnership Board of Directors has approved a US $59 million budget and work plan for 2009, with the…