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Northgate Minerals and Primero Mining to Merge

Northgate Minerals Corp. and Primero Mining Corp. decided on merging to resolve problems on both sides. Northgate Minerals will give 1.5 shares for each share of Primero Mining. The share exchange will be worth Canadian $370 million. The combined market capitalization of the new company will be approximately Canadian $1.2 billion.

17 Jul 2011

Argentex Mining Receives Additional Drilling Results from Pinguino Project

Argentex Mining has received further drilling results from the newly completed 2011 exploration at the Pinguino project, which is situated in Argentina’s Santa Cruz province.

16 Jul 2011

Magellan Minerals Begins Initial Reconnaissance Drilling at Mato Grosso JV Project

Magellan Minerals has declared the beginning of primary reconnaissance drilling at several targets in the western Brazil-based Mato Grosso JV gold project.

16 Jul 2011

Manson Creek Resources Begins Drilling Program at Virgin Arm Gold Property

Manson Creek Resources has commenced the diamond drilling program at the Virgin Arm gold property in Newfoundland.

16 Jul 2011

Alexis Minerals Reports Recent Drilling Results from Lac Herbin Mine

Alexis Minerals has received latest drilling results from the Bonanza zone of the Lac Herbin mine, which is located 10 km northeast of Val-d'Or in Quebec.

15 Jul 2011

Calibre Mining Receives Primary Sampling Results from Borosi Concessions in Nicaragua

Calibre Mining has released the primary sampling results from the surface exposures and trenches from the region around the significant Santa Rita open pit mine.

From Calibre Mining Corp. 15 Jul 2011

Uranium North Resource Starts Drilling at Mallery Gold-Silver Project

Uranium North Resource has begun the drilling at the Mallery gold-silver project, Nunavut. It has planned to drill around 1000 m at the project.

15 Jul 2011

Sona Resources Starts Surface Drilling Program at Elizabeth Gold Deposit Property

Sona Resources has commenced a 3,000 m surface diamond drilling program at its Elizabeth gold deposit property. This property is located in the Lillooet Mining District of southern BC.

15 Jul 2011

Pilot Gold Proclaims Conclusion of Earn-in Option for Gold Springs Project

Pilot Gold has proclaimed that High Desert Gold (HDG) has concluded its earn-in option agreement for the Gold Springs gold project at the boundary of Nevada and Utah.

14 Jul 2011

Condor Resources Announces New Precious Metals Discovery in Peru

Condor Resources has identified and acquired a new precious metals occurrence through the current generative regional exploration program in northern Peru in a similar productive volcanic belt, which includes Pierina and Alto Chicama gold mines of Barrick Gold.

14 Jul 2011