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Rio Alto Mining to Deliver Gold Under Prepayment Facility

Rio Alto Mining Limited (TSX VENTURE:RIO)(OTCQX:RIOAF)(BVLAC:RIO)(DB Frankfurt:MS2) has announced that it has completed definitive documentation and drawn down an initial tranche of US$5 million under the previously announced US$25 million gold prepayment agreement with Red Kite Explorer Trust.

18 Oct 2010

Osisko Mining Announces 2010 Drilling Results from Barnat Extension

Osisko Mining Corporation (TSX:OSK)(FRANKFURT:EWX) has announced results from the 2010 definition drill program on the Barnat Extension, located on Osisko's 100%-owned Canadian Malartic property, contiguous to the east end of the current in-pit reserves of the Canadian Malartic and Barnat deposits.

From Osisko Gold Royalties Ltd 18 Oct 2010

Mountain Boy Minerals Encounters 8.42 G/T Gold at 55 M in SC10-311

Mountain Boy Minerals Ltd. (TSX VENTURE:MTB) has been notified by its joint venture partner, Jayden Resources Inc.,that assays from drill hole SC10-311 returned 55 metres averaging 8.42 grams per tonne (0.246 oz/ton) gold and 12.53 grams per tonne (0.366 oz/ton) silver, including 7.0 metres of 32.89 grams per tonne (0.960 oz/ton) gold.

From Mountain Boy Minerals 18 Oct 2010

NV Gold Starts RC Drilling Program at Afgan-Kobeh Gold Property in Nevada

NV Gold Corporation (TSX VENTURE:NVX) has announced that a 2,500 metre 20-25 hole RC drill program has commenced on its 100% owned Afgan-Kobeh gold project located in Eureka county, Nevada.

18 Oct 2010

Indigo Exploration Starts Sampling Exploration Program at Moule Gold Permit in Burkina Faso

Indigo Exploration Inc. (TSX VENTURE:IXI) reports that it has started a comprehensive fall 2010 sampling exploration program on its Moule Gold Permit in Burkina Faso, West Africa, in preparation for drilling expected to follow next month.

From Indigo Exploration Inc. 18 Oct 2010

Halo Resources Begins Drilling up to 1400 M at West Red Lake Property

Lynda Bloom, President and CEO of Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) has announced that a drill program has commenced at the West Red Lake Property, on claims held in joint venture with both Red Lake Gold Mines Partnership, a partnership between Goldcorp Canada Ltd. and Goldcorp Inc. (TSX:G; NYSE: GG).

From Halo Resources Ltd. 18 Oct 2010

Goldeye Explorations Signs 10,000 M Drilling Contract at Shining Tree Project

Goldeye Explorations Limited (TSX VENURE:GGY) has announced that the diamond drilling contract for the 10,000 metre program has been signed for the Company's Tyrrell properties in the Shining Tree area of Ontario.

18 Oct 2010

Dalradian Resources Encounter New Gold Veins on Curraghinalt Mesothermal Gold Deposit

Dalradian Resources Inc. (TSX:DNA)(TSX:DNA.WT) has intercepted several new parallel veins and cut 1 metre of 59.88 g/t of gold in infill hole 10-CT-66 at its Curraghinalt mesothermal gold deposit in Northern Ireland.

18 Oct 2010

Claim Post Resources Starts Drilling at Dayton Porcupine Gold Project

Claim Post Resources Inc. (TSX VENTURE:CPS) has announced that it completed Deep IP on the Dayton Porcupine and McLaren Porcupine patented properties, located 5 miles south of Timmins Ontario. Numerous targets have been identified and drilling will now start, with the focus on known gold mineralization.

From Claim Post Resources, Inc. 18 Oct 2010

Challenger Deep Resources to Begin Drilling at Red Rock Gold Property in Nevada

Challenger Deep Resources Corp. (TSX VENTURE:CDE) has announced that drilling operations are set to commence on its Red Rock, Nevada gold property. Challenger acquired the Red Rock gold property as a part of its Qualifying Transaction in November 2009. Over the past year Challenger has conducted geological, geophysical and geochemical work on the property.

18 Oct 2010