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Gammon Gold Intersects 172.71 G/T Gold over 0.8 Meter at Ocampo

Gammon Gold Inc. (TSX: GAM and NYSE: GRS) has provided an update of drill results from the Ocampo exploration program.

7 Feb 2011

Almaden Minerals Announces Two Drill Exploration and Definition Program at Ixtaca Gold-Silver Project

Almaden Minerals Ltd. (TSX:AMM)(NYSE Amex:AAU) has announced that a two drill exploration and definition program is now underway at the Company's wholly owned Ixtaca gold-silver project located in Puebla State, Mexico.

From Almaden Minerals Ltd. 7 Feb 2011

Entrée Gold Reports Assay Results from Ann Mason Deposit in Nevada

Entrée Gold Inc. (TSX:ETG; NYSE AMEX: EGI; Frankfurt:EKA) has received assay results from its first diamond drill hole completed on the Ann Mason deposit in the Yerington district of Nevada.

7 Feb 2011

Extorre Gold Mines Reports Latest Drilling Results from Cerro Moro Project in Argentina

Extorre Gold Mines Limited (TSX:XG) (FRANKFURT:E1R) (OTCQX:EXGMF) has reported that discovery drilling continues to extend gold-silver mineralization at its 100% owned Cerro Moro Project, in Santa Cruz Province, Argentina.

7 Feb 2011

Goldgroup Mining Intercepts Notable Gold Mineralization at San José De Gracia Project in Mexico

Goldgroup Mining Inc., in coordination with DynaResource, Inc. ("DynaUSA"-"DYNR-OTCBB"), has announced that diamond drilling from the current 18,500 meter diamond drilling program at the San José de Gracia project in Sinaloa, Mexico has encountered notable gold mineralization yielding 18.47 g/t Au over 8.04 metres including 34.36 g/t Au over 4.10 metres, (Hole SJG-10-226) plus many intercepts above the 2.0 g/t Au cut-off grade.

7 Feb 2011

AM Gold Commences Exploration Program at Pinaya Gold-Copper Project in Peru

AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) has announced the commencement of the Company's 2011 exploration program at its 100% owned Pinaya Gold-Copper Project in southern Peru.

7 Feb 2011

Asia Now Resources Encounters High-Grade Mineralization at Beiya North

Asia Now Resources Corp. (TSX VENTURE:NOW) has announced that the Company now has 11 rigs drilling at Beiya North adjacent to the open-pit Beiya Gold Mine, the largest gold mine in Yunnan Province of China, whose production capacity has been increased to 200,000 ounces of gold annually.

7 Feb 2011

China Sees Record Gold Production

In China its not just coal and iron ore that are being produced and consumed in large quantities. In 2010 the country has also seen record gold production with 340 tons of gold being extracted. China holds extensive gold reserves as a risk protection against the global financial markets.

7 Feb 2011

Marathon Gold Announces $3.5 Million Bought Deal Financing

Marathon Gold Corporation (TSX:MOZ) announces that it has entered into an agreement with a syndicate of underwriters, led by Stonecap Securities Inc. and including Octagon Capital Corporation, whereby the Underwriters have agreed to purchase, on a bought deal basis, 1,945,000 flow-through common shares of the Company at a price of $1.80 per Flow-Through Common Share for gross proceeds of $3,501,000.

7 Feb 2011

Luiri Gold Receives One Year Licence Extension

Luiri Gold Limited (TSX VENTURE:LGL)(ASX:LGM) has announced that the Attorney General of Zambia has informed the Ministry of Mines and Development that it has no objections to them entering into discussions with Luiri in order to find an amicable settlement on the issue of the cancelation of the Mining Licence LML48.

7 Feb 2011