Archive for December, 2009

Crocodile Gold results from Union Reefs Mill

Crocodile Gold Corp. (TSX:CRK) reported the first gold pour at its Union Reefs Mill in the Northern Territory, Australia. The press release is quoted as saying: Crocodile Gold is a Canadian company that has completed the acquisition of recent past producing gold assets in the Northern Territory of Australia. Click here to access the entire [...]

Merrex Gold update of Jubileee Zinc Project aquisition

Merrex Gold Inc. (TSX VENTURE:MXI) reported that TSX has accepted Chrysos acquisition of 50 % of Jubileee Zinc Project.The TSX has accepted for filing Chrysos Capital Corporation’s acquisition of Merrex’s Jubilee Zinc Project and other non-core exploration assets. The press release is quoted as saying: Chrysos has committed to funding the next phase diamond drilling [...]

Sunridge Gold update

Sunridge Gold Corp. (TSX VENTURE:SGC) announced that the company believes that the sanctions imposed on the State of Eritrea on December 23, 2009 by the United Nations Security Council will have no affect on the Company’s activities in the country. The press release is quoted as saying: Sunridge is a mineral exploration and development company [...]

Goldcorp update

Goldcorp Inc. (TSX:G)(NYSE:GG) reported that the company has delivered to Canplats Resources Corporation (TSX VENTURE:CPQ) an amendment to Goldcorp’s proposal to acquire all of the issued and outstanding shares of Canplats that matches the proposal made on December 21, 2009 by Minera Penmont S. de R.L. de C.V. The press release is quoted as saying: [...]

Central Resources Increases and Closes Private Placement

Central Resources Corp., (TSX VENTURE:CBC) reported that the company has increased and subsequently closed the non-brokered flow-through private placement previously announced on December 10, 2009. The press release is quoted as saying: Central Resources Corp. is a junior mineral exploration company created to leverage the extensive knowledge and expertise of a team of financial and [...]

Bayfield Ventures Closes Private Placement

Bayfield Ventures Corp. (TSX VENTURE:BYV) (FRANKFURT:B4N) reported that the company has issued a total of 1,500,000 units pursuant to a private placement announced December 11th, 2009. The press release is quoted as saying: Bayfield intends to utilize the proceeds of the private placement on a winter drill program on the Company’s “Burns” Block property located [...]

Northern Gold Garrison Property Drilling Update

Northern Gold Mining Inc. (TSX VENTURE:NGM) reported that field activities for the 2009 exploration program at the Garrison gold property were completed on 11 December 2009. The press release is quoted as saying: Northern Gold Mining Inc. is a Toronto based junior resource company dedicated to gold exploration in the Kirkland Lake mining camp of [...]

Junior Gold Shows Strength

By Kishori Krishnan Exclusive To Gold Investing News It is a nosebleed, the likes of which one has not witnessed in a while. The only way to stem the flow is to keep your fingers crossed and hope and pray and believe that the US dollar will collapse in value and be replaced as the [...]

Alexandria Minerals closes private placement

Alexandria Minerals Corporation (TSX VENTURE:AZX)(FRANKFURT:A9D) reported that the company has closed its Non-Brokered Private Placement totaling $629,620 on December 23, 2009, initially announced on December 17, 2009. The press release is quoted as saying: The proceeds from the private placement will be used to fund exploration activities, primarily diamond drilling on gold exploration targets on [...]

Century Mining Corporation update

Century Mining Corporation (TSX VENTURE:CMM) reported that the company has signed all documentation and agreements related to the US$33 million prepaid gold forward facility and the CDN$17 million private placement. The press release is quoted as saying: Century Mining Corporation is a Canadian-based gold producer with expanding gold production, late stage development and exploration properties, [...]