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…

Exploration Continues On AuEx Properties RENO, NV – AuEx Ventures, Inc. reported that at least $7,000,000 in exploration expenditures are expected to be completed on AuEx properties in Nevada during 2008 funded by partners through exploration earn-in agreements, compared to…

Preliminary Assessment Study on Big Springs Project VANCOUVER, BC – Gateway Gold Corp. reported that the Company has entered into a contract with SRK Consulting (US) Inc. to prepare a Preliminary Assessment (Scoping Study) study of the Company’s Big Springs…

Intention To Phase Out Custom Milling At Jerritt Canyon VANCOUVER, BC – Yukon-Nevada Gold Corp. Graham C. Dickson, the President of Yukon-Nevada Gold Corp. reported that the Company has decided to phase out custom milling at the Jerritt canyon operation…

Barrick’s Net Income Rises 29% to $514 Million TORONTO, ON – Barrick Gold Corporation reported Q1 production of 1.74 million ounces of gold at total cash costs of $393 per ounce compared to 2.03 million ounces produced at total cash…

General Moly Completes Pre-Feasibility Study LAKEWOOD, CO – General Moly Inc. has re-named the Hall-Tonopah project the Liberty project and announced the completion of a Pre-Feasibility Study in respect of the Liberty Project which estimates production and capital and operating…

JV To Conduct Precious Metals Recovery Studies PALM DESERT, CA – U.S. Mine Makers, Inc. reported that the USMM/Primary Gold joint venture (JV) has negotiated a six month lease with Volcana Technology, LLC. U.S. Mine Makers will utilize Volcana’s facilities…