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Diamonds North Resources Encounters Gold Mineralization at Garnet Gold Showing, Nunavut

Diamonds North Resources Ltd. (TSX VENTURE:DDN) reports gold mineralization as high as 2.56 g/T gold at the Garnet Gold Showing. The Garnet Gold Showing is a portion of a much larger prospective region referred to as the West Formation on the Amaruk property in Nunavut.

From Diamonds North Resources Ltd. 24 Feb 2011

Kestrel Gold Signs Definitive Share Purchase Agreement to Acquire Rio Diablillos

Kestrel Gold Inc. (TSX VENTURE:KGC) has announced that the Corporation has entered into a definitive share purchase agreement to acquire all of the issued and outstanding shares of Rio Diablillos (S.R.L.) in consideration of the issuance of 2,000,000 common shares of the Corporation over a period of 18 months.

24 Feb 2011

Vista Gold Executes Combination Agreement with Midas Gold for Idaho Gold Assets

Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) and Midas Gold, Inc. today announced that Midas and certain of Vista's US subsidiaries have executed a Combination Agreement whereby they will contribute their respective Idaho gold assets through a share exchange and contribution to Midas Gold Corp., a new Canadian private company.

From Vista Gold Corp. 24 Feb 2011

Gammon Gold Resolves Labour Disruption at El Cubo Mine in Mexico

Gammon Gold Inc. (TSX: GAM) and (NYSE:GRS) has announced today that the Company successfully resolved the labour disruption at its 100% owned El Cubo mine, located in Guanajuato State, Mexico.

24 Feb 2011

Canaco Resources Reports Drilling Results from Handeni Project in Tanzania

Canaco Resources Inc. (TSX VENTURE:CAN) has reported results from 30 new holes on the Magambazi zone at the Company's Handeni Project in Tanzania.

24 Feb 2011

Alexandria Minerals Intersects 14.52 G/T Gold Over 1.02 Metres at Akasaba Project, Quebec

Alexandria Minerals Corporation (TSX-V: AZX) (Frankfurt: A9D) reports today that it has intersected 1.38 g/t Au over 31.50 m (22.27 m True Width) in diamond drill hole IAX-10-112 at less than 100 m vertical depth on its Akasaba project, Val d'Or, Quebec, as part of its drilling programme aiming to delineate shallow resources on the gold-silver project.

From O3 Mining Inc. 24 Feb 2011

Exciting Times Ahead for Avocet Mining After Strong Year

Avocet Mining has said that the year ending December 31 has seen a pre-tax profit of $33.55 million. They reported this exceptional increase of 221% as the prices of gold rose and so did their output in 2010.

From Avocet Mining PLC 23 Feb 2011

Glenn Stevens Says Resources Boom Will End, Urges Australians to Save

Glenn Stevens, the Reserve Bank governor, warned Australians that the mining boom would not last forever and they need to save for the time when commodity prices will fall.

23 Feb 2011

Pretium Resources Reports Mineral Resource Results from Snowfield Project

Pretium Resources Inc. (TSX:PVG) has reported mineral resources at its wholly-owned Snowfield Project of 25.9 million ounces of Measured and Indicated gold resources and 9.0 million ounces of Inferred gold resources at a cut-off grade of 0.30 grams of gold-equivalent per tonne. The Snowfield Project is located 65 kilometers north of the town of Stewart, British Columbia.

23 Feb 2011

Halo Resources Receives New Drilling Results from Cold-Lost Property in Manitoba

Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) has announced that Hudson Bay Mining and Smelting Co., Limited, an affiliate of HudBay Minerals Inc. (TSX:HBM)(NYSE:HBM), has reported new results for drilling at the Cold-Lost property, part of Halo's 200 square kilometer Sherridon VMS Property in Manitoba.

23 Feb 2011