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Intersection of Wide Zone of Mineralization Grading at Leprechaun Gold Deposit

The intersection of a wide zone of mineralization grading 3.15 g/t Au over 21.5m including 9.78 g/t Au over 2m and 9.31 g/t over 2.5m in VL-11-250 located at the Leprechaun Gold Deposit has been declared by Marathon Gold and Mountain Lake Resources.

From Marathon Gold Corporation 10 Mar 2011

Casablanca Mining Signs Lease Offer with Purchase Option Agreement

The progress achieved by Sociedad Sulfatos Chile, a copper sulfate subsidiary of Casablanca Mining, was declared by the company on March 8, 2011.

10 Mar 2011

RBA Deputy Says Low Consumer Spending Allowing Mining to Boom

The assistant governor of the Reserve Bank of Australia, Philip Lower said that near record terms of trade in the country were helping the boom in investments and profits. People were hiring more workers despite the rise in wages due to the high levels of productivity and profitability in the current time frame.

9 Mar 2011

Century Mining Puts Plans on Hold at Lamaque Gold Mine

Century Mining Corp said in a statement on Tuesday that it has put all capital projects on hold at their Lamaque gold mine in Val d'Or, Québec. The hold has been indicated due to equipment problems.

From Century Mining Corporation 9 Mar 2011

Shamika2Gold Acquires 85% of MIG International Mining Group, Cambodia

Shamika2Gold (Shamika) acquires 85% of MIG International Mining Group (MIG), a Mauritius company, that has concession of license in gold and ruby exploration in Cambodia.

9 Mar 2011

Highland Mining Receives Permit from U.S. Army Corps for Reylas Surface Mine

Highland Mining (Highland), a subsidiary of Massey Energy Company, has received a permit from the U.S. Army Corps of Engineers to commence work at its new Reylas Surface Mine in Logan County, West Virginia.

9 Mar 2011

Goldcorp, Xstrata Queensland Sign LOI with Yamana Gold for Agua Rica Copper Gold Project

Goldcorp and Xstrata Queensland ("Xstrata") sign a letter of intent (LOI) with Yamana Gold (Yamana) in which Minera Alumbrera (MAA) will have an option with respect to acquisition of Yamana's Agua Rica project in Alumbrera mine in the Catamarca province, northwest Argentina.

From Goldcorp Inc. 9 Mar 2011

Metalline Mining Starts Drilling and Airborne Survey at Sierra Mojada Project in Mexico

Metalline Mining Company ("Metalline") has begun a drilling program and airborne geophysical survey at Sierra Mojada project in Coahuila, Mexico.

From Metalline Mining Company 9 Mar 2011

Eagle Plains Resources Executes LOI with Minerals and Metals for Findlay Property

Eagle Plains Resources executes letter of intent (LOI) with Minerals and Metals Group (“MMG”) through which MMG has the option to buy 60% interest in Eagle Plains' Findlay, Greenland Creek properties (the “Project”) in south-eastern B.C.

From Eagle Plains Resources Ltd. 9 Mar 2011

Tata Steel and New Millenium to Develop Tasconite Iron Ore Project

New Millennium Capital Corp. of Canada and Tata Steel Ltd. of India have decided to develop the large scale iron ore reserves in Labrador and Quebec. This is the latest bid by a global steel making company on Canada’s resources to secure raw material for manufacturing steel.

From New Millennium Capital Corp. 8 Mar 2011