Valterra Resource Corporation (TSXV:VQA,FWB:3VA) reported multiple near surface assay results from widely-spaced drilling and continued expansion of its recently discovered Gold Eagle zone at the Au-Ag+/-Cu porphyry/shear-hosted "Star Project", British Columbia, Canada.
Mauore Minerals Ltd. (TSXV:MAO) reported on its recent update on the Comtois project.
Excalibur Resources Ltd. (CNQ:XBR) reported that it has finalized non-brokered flow-through and non flow-through private placements for total proceeds of $718,000.
ESO Uranium Corp. (CVE:ESO) reported that it has carried out a geological mapping and portable rock drill sampling programme in April on the Marietta property, Nevada.
Auryx Gold Corp. (TSE:AYX) announced results of the Preliminary Economic Assessment on the Otjikoto gold project, Namibia.
MAX Resource Corp. (CVE:MXR,OTCBB:MXROF) reports it has completed an extensive soil sampling program across a surface area at its Majuba Hill copper/gold/silver project in Pershing County, Nevada.
Auryx Gold Corp. (TSE:AYX) reports that the Namibian Ministry of Mines and Energy has granted to the company five new exclusive prospecting licences covering approximately 500,000 ha.
Conquest Resources Limited (CVE:CQR) reports its first quarter financial results that ended on March 31, 2011.
Arianne Resources (CVE:DAN) reports that all the results of the latest drilling program on Manouane Zone are now available and indicate a significant increase in resources for its Lac à Paul project.
In spite of the steady climb in gold’s spot price since the beginning of 2011, the overall share price of gold mining companies has not followed suit, particularly in the majors. Gold is up about 4.6 percent since January while gold mining stock indexes have shown a drop of as much as 10 percent.
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