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Peel Mining Upgrades Apollo Hill Gold Resource

Peel Mining Limited, an Australian company focused on exploring and developing precious, base and specialty metals, has announced that the resource estimate for its Apollo Hill Gold Project is up by 48% after a recent diamond drilling program as compared to the previous estimate of gold resources at the project given in December 2010.

11 Sep 2011

Pilot Gold Announces Bulk Tonnage Style Gold Discovery

Pilot Gold Inc. said in a statement that it had found a new bulk tonnage style gold discovery at the Viper Project in north east Elko County in Nevada. The first five drill holes have intersected a widespread sediment hosted, oxide gold and silver mineralization.

11 Sep 2011

Earth's Gold May Have Come From the Stars

The precious metal gold may not be native to earth but have come from outer space and merged in the core. The geologists at the University of Bristol have put forth a theory that a mammoth meteorite shower over four billion years ago is what brought the precious metals gold and platinum to earth.

11 Sep 2011

Condor Resources Reports Positive Reconnaissance Sample Results from San Martin Property

Condor Resources has received the positive results of the reconnaissance sampling program performed at its San Martin sediment property in south Peru.

From Condor Resources Inc. 9 Sep 2011

Orestone Mining Announces IP Survey Results from Captain Project

Orestone Mining has reported the resistivity or induced polarization (IP) survey results from the Captain Porphyry project, containing gold and copper mineralization, situated about 30 km to the southern portion of the Mt. Milligan deposit and to the northern part of Fort St. James in BC.

9 Sep 2011

San Marco Resources Receives Trench Results from Tecomate Property

San Marco Resources has announced major trenching results from its Tecomate property located in Mexico.

From Sun Summit Minerals Corp. 9 Sep 2011

Santa Fe Gold to Acquire Columbus Silver Corporation

Columbus Silver Corporation saw its stock jump up by nearly 60% as news that it was to be acquired by US based company Santa Fe Gold Corporation for $10 million came to light. The all cash deal will see Santa Fe pay 20 cents per share for the 36 million shares of the Vancouver based Columbus Silver Corp.

8 Sep 2011

Barrick Gold Makes New Discoveries in Nevada

Barrick Gold said that it had found two significant gold discoveries in the state of Nevada. The two discoveries are called Red Hill and Goldrush. They are located 6 km south east of the Cortez Hills mine and 24 km south east of the Pipeline mine. The largest gold producer in the world is now trying to rebuild its focus on gold even as it makes headway into copper mining.

From Barrick Gold Corporation 8 Sep 2011

Copper Mountain Mining Sends First Batch of Concentrate to Japan

The Copper Mountain Mining Corporation announced that it had completed loading its first shipment of concentrate to Japan from the Copper Mountain Mine.

8 Sep 2011

Minsud Resources Reports Phase I Drilling Results from Chita Valley Property

Minsud Resources has announced the phase I drill campaign results from the Chita Valley Project in Argentina. This project is situated favorably in the El Indio mining district of Argentina and Chile.

8 Sep 2011