Drilling Continues At Mineral Ridge SPARKS, NV – Golden Phoenix Minerals, Inc. reported that it has completed 6,260 feet of combined shallow and deep structure drilling at its Mineral Ridge gold and silver mine near Silver Peak, Nevada, using its…

Encouraging Assays At East Manhattan VANCOUVER, BC – Fortune River Resource Corp. reported preliminary gold assays from the first five drill holes completed at the Company’s 100% owned East Manhattan low-sulfidation gold/silver project. The project, which consists of 84 claims…

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…

Freegold Readies for Summer Drilling VANCOUVER, BC – Freegold Ventures Limited reported that fieldactivities on the Vinasale gold project, located 16 miles south of McGrathin central Alaska, will commence in early July. The 2008 program willinclude ground based geophysics and…

Columbus Gold Acquires Nevada Gold Property VANCOUVER, BC – Columbus Gold Corporation reported that the Company has entered into an agreement to lease the Awakening gold property located 45 miles north-northwest of Winnemucca, Nevada. The Awakening District produced 26,262 ounces…

Hecla Mining Reports Increased Income And Gross Profit COEUR D’ALENE, ID – Hecla Mining Company reported net income before dividend payments was $15.5 million, compared to $8.1 million in the first quarter of 2007. First quarter production was approximately 1.3…

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…