gold project – News

Spanish Mountain Gold Ltd. announce that it has closed its private placement offering (the “Offering”), previously announced on June 30, 2011. Pursuant to the Offering, 33,333,328 units (the “Units”) have been placed at a price of $0.60 per unit for total gross proceeds of approximately CAD$20,000,000. Due to stronger than expected investor demand, the size of the Offering was… 

Red Metal Completes Acquisition of Two Mining Claims in Chile Region III

Red Metal Resources Ltd., a mineral exploration company with copper-gold assets in Chile, today announced that it has completed the purchase of the Che I & Che II mining claims for approximately USD$20,000. These claims cover 76 hectares within Red Metal’s existing Mateo copper-silver-gold project in the Candelaria Iron Oxide Copper-Gold (IOCG) belt in Chile III Region. The Mateo project… 

Decade Resources Ltd.: Blackwater Area Claims Acquired

Decade Resources Ltd. and Mountain Boy Minerals Ltd. are pleased to announce 3 separate blocks of claims were jointly staked in early February in the Blackwater region of BC. One block adjoins the discovery property owned by Richfield Ventures Ltd. The companies acquired a total of 37,296.28 ha in 80 claims. The properties are readily accessible along a well developed network of established forestry… 

Treasury Metals Begins Initial Metallurgical Test Work at Goliath Gold Project

Treasury Metals Inc. is pleased to announce that it has begun initial metallurgical test work at its Goliath Gold Project near Dryden, Ontario. Composite samples consisting of whole main zone intersections of half core taken from 7 diamond drill holes were recently submitted to G&T Laboratories Services Ltd. in Kamloops, B.C. The sample represents a degree of geographic diversity over the deposit… 

Rubicon Announces Amended Inferred Mineral Resource and Geological Potential Estimates for Phoenix Gold Project, Red Lake Ontario

Thursday, March 31st 2011

Rubicon Minerals Corporation announced amended inferred mineral resource and geological potential estimates today for its Phoenix Gold Project, F2 Gold System. The amended estimates are a result of the previously announced review by the British Columbia Securities Commission of the Company’s NI 43-101 technical report filed on January 11, 2011 (the “Report”). The following amended… 

Choice Gold Corp. Commences Work Program on Sugarloaf Peak Gold Project

Wednesday, March 30th 2011

Choice Gold Corp. is pleased to announce that it has taken its first steps towards delineating an economic bulk tonnage gold resource at the Sugarloaf Peak Gold Project (“Sugarloaf Peak”) in western Arizona, a property optioned from Riverside Resources Inc. Choice Gold has initiated a Quantec Titan 24 deep penetrating IP survey to be performed at Sugarloaf Peak beginning in early April,… 

Critical Elements and Blue Note Extend Completion of Croinor Acquisition

Critical Elements Corporation and Blue Note Mining Inc. report that they have agreed to extend the term of the binding agreement announced on July 19, 2010 (the “Agreement”) providing for the acquisition by Blue Note of all of Critical Elements’ interests in the Croinor gold project located near Val-d’Or, Quebec. Under the terms of the Agreement, Blue Note has already made cash… 

Golden Touch Begins Drilling on Gold Rich Gjazuj Vms Zone in Albania

Golden Touch Resources Corp. is pleased to announce that it has started a twenty hole 2,000 meter drill program on the Company’s Rubik volcanogenic massive sulphide gold project in Albania. The Rubik gold project covers 68 km2 and is situated about 100 kilometers north of the Albanian capital, Tirana. Golden Touch’s Rubik exploration license covers a 20 kilometer long breccia zone. Exploration… 

Tyhee Drills 8.2 Metres of 12.46 Grams of Gold Per Tonne at the Yellowknife Gold Project, Nwt Canada.

Thursday, March 24th 2011

Tyhee Gold Corp., a late stage development company, is pleased to announce that diamond drilling continues to expand the Main Zone at Clan Lake. In addition a second drill is completing infill drilling at the Ormsby Zone, providing more details in an area where only limited reserves had been defined in the positive Preliminary Feasibility Study released July 2010. “The results from the Clan… 

Stronghold Metals Announces Major Drilling Program at Eagle Mountain Gold Project in Guyana

Wednesday, March 23rd 2011

Stronghold Metals Inc. The Company is pleased to announce that final preparations are underway for a major mineral resource outline drilling program at the Eagle Mountain Gold Project (“Eagle Mountain” or the “Project”), located in Guyana, South America. The Project comprises an area of approximately 5050 Ha (12,480 acres) in central Guyana, 200km southwest of the capital Georgetown…