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Ivanhoe CEO Upbeat on Oyu Tolgoi

The Chief Executive Officer of Ivanhoe Mines, Robert Friedland is extremely pleased with the progress being made at the Oyu Tolgoi mine in Mongolia. The massive gold and copper mine is expected to begin production ahead of schedule and under budget as per Mr Friedland.

From Ivanhoe Mines Ltd 7 Aug 2011

High Desert Gold Identifies New Gold-Silver Mineralization at San Antonio Project

High Desert Gold (HDG) has discovered two new excellent gold, silver and base metal mineralization areas, and also a skarn mineralization area at the San Antonio Project in Mexico.

From Gold Rate 6 Aug 2011

Auriga Gold Releases Initial Resource Estimate for Puffy Lake Gold Deposit

Auriga Gold has released a preliminary NI43-101 resource estimate of the previously producing Puffy Lake gold deposit, which is located at the Maverick Gold Project in Manitoba.

6 Aug 2011

Orestone Mining Begins Phase I Exploration Program at Captain Project

Orestone Mining has begun the 2011 phase I exploration at the Captain project, which is situated around 65 km to the northeastern side of Fort St. James in British Columbia.

5 Aug 2011

Calibre Mining and B2Gold Start Phase II Exploration at Primavera Prospect

Calibre Mining has declared that its business partner B2Gold has agreed a Phase II exploration and budget for the Primavera prospect, which is a gold-copper project situated 7 km to the southern part of the past Santa Rita skarn mine, producing gold and copper, in the Borosi Project, northeast Nicaragua.

From Calibre Mining Corp. 5 Aug 2011

Teryl Resources Plans for Drilling Program at Westridge Property

Teryl Resources has planned to commence a drilling program at the Westridge property for analyzing many anomalous gold targets.

5 Aug 2011

Riverstone Resources Intercepts Gold Mineralization at Goulagou I Zone

Riverstone Resources has announced additional drilling results from the Goulagou I zone of the Karma Project in Burkina Faso, West Africa.

5 Aug 2011

Stillwater Mining Posts Record Profits

Stillwater Mining Company has reported record profits for the quarter ending June 30, 2011. The Montana based company has seen a 192% hike in profits recorded compared to the same quarter the previous year. The company earned nearly $42.7 million in the second quarter this year equating to 39 cents a share.

4 Aug 2011

New Pacific Metals Releases Assay Results from Tagish Lake Property

New Pacific Metals has proclaimed the assay results of the initial step out hole, Raca11-01, at Tagish Lake gold-silver property’s Raca region in Yukon.

From New Pacific Metals Corp. 4 Aug 2011

Pershimco Resources Reports Further Assay Results from Cerro Quema Project

Pershimco Resources has reported the further assay results from the current 2011 exploration at the Cerro Quema in Panama, which is a gold-copper project.

4 Aug 2011