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Kevin Rudd Was Warned RSPT Unconstitutional

Mr Kevin Rudd was warned by Australian Government solicitors (AGS) that there might be legal problems with the proposed mining Resources Super Profits Tax (RSPT) as per new evidence which came to light yesterday during a Senate estimates hearing.

19 Oct 2010

Oz Minerals Surpasses Forecasts by 10%

It is good news all the way for Oz Minerals (ASX:OZL) as the companies actual annual gold production has surpassed previous forecasts by 10%. The Australian copper and gold mining company saw its third quarter output more than double the forecast.

From OZ Minerals Limited 19 Oct 2010

West Kirkland Mining Begins Drilling Program at Goldstorm Property in Nevada

West Kirkland Mining Inc. (TSX VENTURE:WKM) has commenced drilling on the Goldstorm Property in Elko County, Nevada. The 23 square kilometer Goldstorm Property is located approximately 18 kilometers north east from the multi-million ounce Twin Creeks/Turquoise Ridge mine, along the Getchell Trend.

18 Oct 2010

Uranium North Resources Announces 2010 Exploration Results from Mallery Lake Property

Uranium North Resources Corp. (TSX VENTURE:UNR) announces results from its first phase 2010 exploration program on the Mallery Stockwork.

18 Oct 2010

Semafo Reports 2010 Exploration Results from Samira Hill Mine in Africa

SEMAFO (TSX:SMF) today announced results of the 2010 exploration program at its Samira Hill Mine located in Niger, Africa. Phase II of the program, which commenced on July 9, 2010 is designed to test and define new proximal gold zones that can quickly become part of the near-term mine plan and has returned results including 27.77 g/t Au over four meters.

From SEMAFO Inc. 18 Oct 2010

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 River Islands 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