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Sierra Resource Group Secures Financing Needed for Permitting Process to Begin Mining Operations

Sierra Resource Group, Inc. has acquired a financing commitment, which the Company believes will enable it to begin the permitting process that is necessary prior to bringing the mine back into production.

5 Feb 2011

Sunset Cove Mining Announces Underground Sampling Results from Carolay Property in Peru

Lorne Woods, President of Sunset Cove Mining reports the following results from underground samples taken on its silver- polymetallic Carolay Property in the province of La Libertad in Peru.

5 Feb 2011

Beaufield Resources Announces Assay Results from Troilus Property in Québec

Beaufield Resources Inc. (TSX VENTURE:BFD) has reported results from the first four holes from a 10,000 metre drill program at Tortigny, located on it's 100% owned Troilus property, 100 kilometres north of Chibougamau, Québec.

From Beaufield Resources Inc. 5 Feb 2011

Ivanhoe Mines Yields US$1.18 Billion in Gross Proceeds from Rights Offering

Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) announced today that final, closing results of its strategic rights offering have confirmed that the offering generated US$1.18 billion in gross proceeds to be used to advance development of the Oyu Tolgoi copper-gold project in Mongolia.

From Ivanhoe Mines Ltd 4 Feb 2011

Sabina Gold + Silver Outlines Objectives of 2011 Exploration Program for Nunavut Projects

Sabina Gold & Silver Corp. (TSX:SBB) has outlined the objectives of its 2011exploration program and budget for its Nunavut projects.

From Sabina Gold & Silver Corp. 4 Feb 2011

Sandspring Resources Reports Updated Gold and Copper Results from Toroparu Deposit

SANDSPRING RESOURCES LTD. (TSX VENTURE:SSP) has announced an update of new gold and copper assay results from drilling in the area of the Toroparu gold-copper deposit in the Republic of Guyana, South America.

From Sandspring Resources Ltd. 4 Feb 2011

Cartier Resources Starts Drilling Program at Xstrata Option and MacCormack Properties

Cartier Resources Inc. (TSX VENTURE:ECR) has announced the start of a diamond drill program totalling 4,500 meters on the Xstrata Option and MacCormack properties.

From Cartier Resources Inc. 4 Feb 2011

Sunridge Gold Receives Assay Results from Asmara Project in Eritrea

Sunridge Gold Corp. (TSX VENTURE:SGC) has provided results from newly received assays from ten diamond drill holes from the Company's Debarwa copper-gold-zinc deposit located on the Asmara Project, Eritrea.

From Sunridge Gold Corp. 4 Feb 2011

Empire Mining Announces Drilling at Bursa Copper-Gold Project in Turkey

Empire Mining Corporation (TSX VENTURE:EPC) has announced that it is accelerating drilling on the Demirtepe target at its Bursa Project in Turkey.

4 Feb 2011

Belmont Resources and Dorex Minerals Discover New Gold Zone at Bufo Lake

Belmont Resources Inc. (TSX VENTURE:BEA)(PINK SHEETS:BEAAF)(FRANKFURT:L3L) with Dorex Minerals Inc. (TSX VENTURE:DOX) have announced that the 3-Hole drill program at the north end of Bufo Lake in the western portion of the Lumby/Bufo Property has met expectations with the discovery of a new east-west striking gold zone.

From Belmont Resources Inc. 4 Feb 2011