Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) ("Alexco" or the "Company") is pleased to announce additional results from its 2010 core drilling program at the Keno Hill Silver District in Canada's Yukon Territory. Exploration and infill drilling in the area of the historical Onek underground and open pit mine has identified an upper silver rich zone of mineralization with associated high grade zinc, and locally lead, over significant widths.
Troymet Exploration Corp. has updated progress on its 100% owned, 7,882-hectare Key property, which is located 125 km southwest of Vanderhoof, British Columbia.
Resource definition drilling continues to progress successfully on bulk-mineable gold deposits in the San Francisco area discovered by Paramount Gold and Silver Corp. in December 2009. Earlier drilling focused on the South and North San Francisco zones which have expanded steadily as reported in news releases dated January 7, March 8 and June 17, 2010.
Fronteer Gold (TSX:FRG)(NYSE Amex:FRG) reports that drilling has extended a second high-grade gold-silver zone at its 100% owned Northumberland project in Nevada and announces that the contract for the construction of an underground decline has been awarded to J.S. Redpath Corporation.
Caldera Resources Inc. (TSX.V: CDR) is pleased to announce that it is proceeding with a non-brokered private placement financing to raise gross proceeds of $2,000,000 (the "Private Placement").
Niblack Mineral Development Inc. (TSX VENTURE:NIB) and joint venture partner Heatherdale Resources are pleased to announce assay results from 10 additional holes completed at the Niblack volcanogenic massive sulphide (VMS) project in southeast Alaska.
Mandalay Resources Corp (TSX: MND, MND.WT) has reported that it has begun mining operations at the Chilean mine Cerro Bayo.
Ascot Resources, a Canadian mining company is hoping to drill near Mount St. Helens to determine if it is a viable site for mining minerals. The site is about 12 miles from the volcano.
In a historic first, the government of British Columbia, Canada has agreed to share taxes collected from a new mine with the aboriginal people who are the traditional land owners of the region where the mine will be located.
Yukon government regulators have granted a water license to Alexco Resource Corp for its Bellekeno underground mine.