Gryphon Gold Enters Into Letter of Intent VANCOUVER – Gryphon Gold Corporation reported that its wholly owned subsidiary, Nevada Eagle Resources, has entered into a Letter of Intent to complete an Exploration Agreement with an Option to Form a Joint…

Northumberland Gold Deposit Increases in VANCOUVER, BC – Fronteer Development Group Inc. reported that a new resource estimate for its 100%-owned Northumberland gold project has increased the deposit’s size and advanced its production potential on multiple fronts.The Northumberland project represents…

Copper Production At Mineral Park Operation KINGMAN, AZ – Mercator Minerals Ltd. reported that for the first quarter of 2008, copper production totaled 2.4 million pounds, and with warmer weather a new monthly production record was set at 1.1 million…

Fronteer Finalizes Newmont Deal VANCOUVER, BC – Fronteer Development Group Inc. reported that it has finalized an option and joint-venture agreement with its senior Nevada partner, Newmont Mining Corporation (“Newmont”), to advance the Company’s Sandman gold project to a production…

Columbus Gold Reports On Project Activities VANCOUVER, BC – Columbus Gold Corporation reported that the Company’s project activities continue to be managed by Cordilleran Exploration Company (“Cordex”), owned and operated by John Livermore and Andy Wallace. The Company’s exclusive agreement…

Hecla Completes Acquisition Of Greens Creek COEUR D’ALENE, ID – Hecla Mining Company reported that it has completed the transaction to acquire the Rio Tinto subsidiaries that held a 70.27% interest in the Greens Creek silver mine and joint venture…

Compromise Reached On Buckhorn Mountain TONASKET, WA – An accord was reached between conservation groups and mining interests, ending an 18-year effort to stop the development of a large gold mine on Buckhorn Mountain in north central Washington State. By…

Status of Berezitovy Gold Mine Commissioning TORONTO, ON – High River Gold Mines Ltd. reported on the status of the Berezitovy Gold Mine commissioning. The Berezitovy Gold Mine, located in the Amur region of Russia, is owned 99% by High…

Expanded Drill Program At Copper Mountain Project VANCOUVER, BC – Copper Mountain Mining Corporation reported that the initial 30,000 meter drill program currently underway at the 100% owned Copper Mountain project in Princeton, BC has been expanded to a 50,000…

Radon Survey at Moonshine Springs, Arizona VANCOUVER, BC – Mesa Uranium Corp. reported that it has started a soil-gas radon survey at the 100%-owned Moonshine Springs project in Arizona. The survey is being conducted to verify the exact location of…