EXMIN/AmMex Commence Drilling at Cerro Gordo Project VANCOUVER, BC – EXMIN Resources Inc. reported that the EXMIN/AmMex joint venture has commenced drilling on the magnetic anomaly identified during the ground geophysical program at the Cerro Gordo project, on the 7,767…

Positive Initial Gold Mineral Resource Estimate For Los Patos VANCOUVER, BC – ValGold Resources Ltd. reported that it has received the initial NI 43-101 mineral resource estimate prepared by Micon International for its 100%-owned Los Patos gold deposit in Venezuela.”ValGold’s…

Best Drill Results to Date at G-9 Deposit VANCOUVER, BC – Dick Whittington, President and CEO of Farallon Resources Ltd. reported on the ongoing core drilling program on the G-9 deposit at the Campo Morado polymetallic (zinc, copper, silver, gold,…

Cerro Bayo Produced 1.7 Million Ounces Of Silver COEUR D’ALENE, ID – Coeur d’Alene Mines reported that the Cerro Bayo mine in souther Chile produced 1.7 million ounces of silver and 37,500 ounces of gold during 2007. Cash costs were…

Mill Near Completion At Martha COEUR D’ALENE, ID – Coeur d’Alene Mines reported that commissioning of a new 240 tonne per day flotation mill is nearly completed at it’s Martha Silver Mine in Southern Argentina and will accommodate annual silver…

High Grade Gold and Silver Results At San Miguel Vein CHIHUAHUA, MEXICO – Paramount Gold and Silver Corp. reported assay results from its first four drill holes in the San Miguel vein of its San Miguel project, in the Guazapares…

Drilling Program Commences at Pinaya Gold-Copper Project VANCOUVER, BC – Acero-Martin Exploration Inc. reported that it has commenced a major 2008 drilling program on its wholly owned Pinaya gold-copper project in southern Peru.The first phase of the program is underway…

Aggressive Exploration Program In Sinaloa DENVER, CO – US Gold Corporation reported exploration results that mark a positive start to our regional program in Sinaloa State, Mexico. Multiple projects outside of the Magistral Mine area have encountered higher grade sections…

Ausenco Acquires Sandwell And Vector Engineering Global engineering services group, Ausenco has significantly expanded its globalservices offerings and markets with the acquisition of two resources industry engineering companies Sandwell International Inc. and Vector Engineering Inc., for A$117 million.Sandwell and Vector…

Phase II Exploration At Carol Property VANCOUVER, BC – Yale Resources Ltd. reported that it has started the phase II exploration program at the Carol Property, located in southern Sonora State, Mexico. This program will include detailed mapping of the…