Laurion Acquiring 13 Mining Claims   TORONTO, ON – Laurion Mineral Exploration Inc. reported that the release on February 24th where it had entered into a letter of intent with James E. Bond II and Russell P. Renner (collectively, "Bond…

Firestone Ventures Commences Drilling At Black Mountain   EDMONTON – Firestone Ventures Inc. reported the start of the 2011 drilling program at the Company’s Black Mountain zinc-lead-silver property, located 29 km northeast of Wells, Nevada. Firestone Ventures has an option…

Commitment For Financing Of Idaho Cobalt Project  VANCOUVER, BC – Formation Metals Inc. has received and accepted a commitment from BNP Paribas for the financing of its 100% owned Idaho Cobalt Project ("ICP"). The Commitment contemplates a US$79,500,000 Senior Secured…

Allied Nevada Reports Operating Results  RENO, NV – Allied Nevada Gold Corp. reported preliminary operating results for the second quarter of 2011 for its wholly owned Hycroft mine, located near Winnemucca, Nevada. The mine produced 22,783 ounces of gold and…

Quaterra Delineates High-Grade, Acid-Soluble Copper Zone at MacArthur  VANCOUVER – Quaterra Resources Inc. reported that angle drilling on a spacing of about 500 feet is defining a large zone of high-grade copper mineralization north of the pit at its 100%-owned…

Newmont Board Approves Conga And Tanami Shaft Project   DENVER, CO – Newmont Mining Corporation reported that its Board of Directors approved full funding for the Conga project in Peru and the Tanami Shaft project in Australia. Combined, the two…

Update On East Red Lake Gold Exploration  TORONTO, ON – AurCrest Gold Inc. reported on its 100% owned East Red Lake property package made up of 27,960 acres of unpatented claims located 110 km east northeast of Red Lake, Ontario…

Ongoing Drilling At Halilaga Property  VANCOUVER – Pilot Gold Inc. reported that ongoing core drilling at the Halilaga copper-gold porphyry project in northwest Turkey (Halilaga) continues to intersect significant copper-gold mineralization, including 0.27 grams per tonne gold and 0.34% copper…

Tri Origin Completes Drilling Program   AURORA, ON – Tri Origin Exploration Ltd. reported that it has completed drilling at its 100%-owned Red Lake Extension ("RLX") property at Red Lake, Ontario. The program consisted of five diamond drill holes totalling…

High Desert Gold Completes Earn-In Option On Gold Springs  VANCOUVER – Pilot Gold Inc. reported that High Desert Gold Corporation (HDG) has completed its earn-in option on the Gold Springs gold project on the Nevada-Utah border (Gold Springs). The Option…