Pacific Ridge Exploration Ltd. declared that the company has staked 212 mineral claims comprising three properties containing gold exploration targets in proximity to a gold discovery reported by Underworld Resources Ltd. on their White Gold Property located in the Yukon’s Klondike south of Dawson City. For full story, click here
Radisson Mining Resources Inc. declared that it will not proceed with a previously announced deal for AusCan Gold Pty Ltd. to provide it with C$25 million over three years and will now seek alternative sources of funding for the O’Brien gold property. For full story, click here
Debt-strapped mining giant Teck Resources Ltd. declared that it has finalized an anticipated deal to sell its stake in Alaska’s Pogo gold property. For full story, click here
Jiminex Inc., Pass Lake, Ontario, a capital pool corporation, declared that on April 17, 2009 it executed a Letter of Intent Agreement with Beaufield Resources Inc., Ottawa, Ontario, to acquire an option to earn an undivided 50% interest in and to the mineral properties comprising Beaufield’s Northern Eagle Gold property located in the Hemlo gold [...]
By Kishori Krishnan Exclusive To Gold Investing News All the signals are promising for gold stocks to rise. A prominent hedge fund manager claimed recently that commodities could be in line for a major boom in the next 18 months, Forbes has reported. In India, the largest consumer of the yellow metal, the Bombay Bullion [...]
International Wayside Gold Mines Ltd. declared that the Property Acquisition from Golden Cariboo Resources Ltd. has closed. For full story, click here
Lake Victoria Mining and Kilimanjaro Mining have signed a non-bidding letter of intent in a bid to establish a new gold property in Tanzania. For full story, click here
Premium Exploration (CVE:PEM) has announced an 800 meter drill program at their Friday-Petsite gold project in Idaho. Premium, which picked up the property in June, 2008, will be attempting to extend a gold zone drilled by previous operators. For the full release click here.
First Gold Exploration Inc. made a public appearance that it has started its winter exploration program on the Matchi-Manitou property located 85 km to the east of the town of Val-d’Or in the Abitibi region of Quebec. For full story, click here
MAX Resource Corp. (CVE: MXR, OTCBB: MXROF) is currently focused on four gold & silver properties in Nevada. Drilling programs in 2010 intersected significant gold mineralization. Multiple drill programs are underway in Nevada for 2011 to actively advance the prospects.
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