Franconia Receives Final Loan For Birch Lake SPOKANE, WA – Franconia Minerals Corporation reported that it has received all funds from the State of Minnesota related to its 2006 loan agreement, providing the Company with a total of US$2.0 million…

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…

First Copper Cathodes at the Carlota Project VANCOUVER, BC – Quadra Mining Ltd. reported the first production of cathode copper at its second copper mine in the south west U.S., the Carlota project in Globe/Miami, Arizona. The commencement of operations…

SNS Silver Provides 2008 Summary Report and Proposes New Board Members VANCOUVER, BC – SNS Silver Corporation reported significant progress was made on the Crescent Mine, located in the Coeur d’Alene mining district, in 2008 with exploration drilling, infrastructure development…

Sultan Minerals Receives Environmental Baseline Report for the Jersey-Emerald Project VANCOUVER, BC – Sultan Minerals Inc. reported that Wardrop Engineering Inc. has completed a report on a 12-month environmental baseline study carried out over its Jersey-Emerald property, located 10 km…