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Angel Mining Makes Record Gold Pour

Angel Mining gained a record 15.8% on the stock market when its gold producing mine Nalunaq announced that it had recorded its best daily production to date on Wednesday. The largest gold pour at the time was of 517.8 ounces.

12 Jan 2012

Entrée Gold Receives Final Work Results from Shivee West Project

Entrée Gold has obtained final work results from the Shivee West project in Mongolia. The company performed the work on the Zone III epithermal shallow gold target and the northern portion was extended.

12 Jan 2012

Edgewater Exploration Reports Additional Drill Results for Corcoesto Gold Project

Edgewater Exploration has reported additional drill results for its fully owned Corcoesto Gold Project in Northwest Spain.

12 Jan 2012

Peel Mining Follow-Up Drilling Confirms Cobar Style Mineralization

Peel Mining Limited is happy to announce that the follow up drilling that it conducted at the Mallee Bull prospect has intersected more high grade Cobar style polymetallic mineralization. The Perth based mining company began the follow up drilling program in November 2011.

11 Jan 2012

Legend Mining to Sell Mt Gibson Gold Project to Top Iron

Legend Mining is in receipt of the first right of refusal from Extension Hill to purchase the Mt Gibson Gold Project in Western Australia. The company had first entered into the agreement to sell Mt Gibson in November 2011.

11 Jan 2012

Manitou Gold Announces Drilling at Gaffney Extension Project

Manitou Gold has updated on exploration works proposed for 2012 and a review on the progress made in 2011.

11 Jan 2012

Nevada Copper Announces Positive Step-Out Hole Results from Pumpkin Hollow Property

Nevada Copper has reported further encouraging results from step-out holes drilled at the Pumpkin Hollow property in Nevada. Currently, a geotechnical, a hydrologic, and three exploration drilling service rigs are working at the project.

From Nevada Copper Corp. 11 Jan 2012

Banks Island Gold Receives Gold Assays from Tel Zone

Banks Island Gold has obtained assay results of 10 diamond drill holes out of 19 holes drilled at the Tel zone during December 2011. The company will release the remaining hole assays when received.

11 Jan 2012

Polymetals Mining to Take Up 50% of Drew Hill Project‎, South Australia

Australian mining company Polymetals Mining is planning to raise its stake in the Drew Hill gold project to 50%.

10 Jan 2012

Resource and Investment NL to Buy Fortnum Gold Project in WA

Resource and Investment NL, a junior resources company that is chaired by Miles Kennedy, is to buy the Fortnum gold project in Western Australia for $35 million.

10 Jan 2012