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Goldgroup Mining Intersects 2,424.89 G/T Gold over 0.75 M at San José De Gracia Project

Goldgroup Mining Inc., in coordination with DynaResource, Inc. ("DYNR-OTCBB"), has announced that initial drilling from the current 18,500 metre diamond drilling program at the San José de Gracia project in Sinaloa, Mexico has encountered very significant gold mineralization from drill hole # SJG-10-203 yielding 332.86 g/t Au and 143.9 g/t Ag over 5.50 metres from 70.65 to 76.15 metres depth.

8 Dec 2010

New Guinea Gold Files Third Quarter Financial Results

New Guinea Gold Corporation (TSX VENTURE:NGG)(FRANKFURT:NG8) announces that is has filed its third quarter financial statements and Management Discussion and Analysis on SEDAR on December 3, 2010.

8 Dec 2010

Jiminex Receives Analytical Results from Hemlo-Style Mineralization

James R. B. Parres, President & CEO of Jiminex Inc. has reported that the first phase of diamond drilling at Hemlo, Ontario is underway and 134 drill core sample results for the first hole, 10NE-01, and part of hole 10NE-02 have been received from Accurassay Laboratories, Thunder Bay, Ontario.

From Jiminex Inc. 8 Dec 2010

American Paramount Gold Begins Initial Due Diligence on Kisita Gold Mine

American Paramount Gold Corp. (OTCBB: APGA) Further to the press release dated November 9th 2010, the Company reports that initial due diligence has commenced on the Kisita Gold Mine on which we have signed a letter of intent to acquire.

8 Dec 2010

Alexandria Minerals Intercepts High Grade Gold at Akasaba Mine in Quebec

Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) reports today that it has intersected numerous high grade gold-silver-copper veins in the target Mine Horizon between 320 m and 450 m vertical depth, the deepest intersections yet at the Akasaba Au-Ag Mine in Val d'Or, Quebec.

From O3 Mining Inc. 8 Dec 2010

Avala Resources Updates on Drilling Results at Korkan-Bigar target Area

Avala Resources Ltd. (TSX VENTURE:AVZ) has presented an update on drill and trench results from the Korkan-Bigar target area, part of the sediment-hosted gold belt within the Cretaceous magmatic arc bordering the Timok Magmatic Complex in Eastern Serbia.

8 Dec 2010

Taku Gold Reports Mechanical Trenching Results from Portland Property, Yukon

Taku Gold Corp. (TSX VENTURE:TAK) has announced results from a mechanical trenching program completed on the 75-claim (1553ha) Portland property in late October 2010.

From Taku Gold Corp. 8 Dec 2010

Riverstone Resources Encounters Gold Bearing Zones at Kao Gold Deposit in Burkina Faso

Riverstone Resources Inc. (TSX VENTURE:RVS)(FRANKFURT:3RV) has announced that ongoing Reverse Circulation drilling at the Kao gold deposit in Burkina Faso, West Africa, has extended the gold bearing zone over 100 metres to the northeast.

From Riverstone Resources Inc. 8 Dec 2010

Estrella Gold-Cliffs Natural Resources Allaince to Explore Mineralization in Peru

Estrella Gold Corporation (TSX VENTURE:EST) has announced it has established an exploration Alliance with Cliffs Natural Resources Exploration Inc., to explore for Iron Oxide, Copper, Gold deposits in southern Peru.

8 Dec 2010

Red Mile Minerals, McLaren Resources Enter Option Agreement to Buy 50% of Blue Quartz Property

Red Mile Minerals Corp. (TSX VENTURE:RDM) has announced it has signed an option agreement with McLaren Resources Inc (CNSX: MCL) whereby McLaren can earn 50% of the Company's interest in the Blue Quartz Property.

8 Dec 2010

Alexis Minerals to Excercise Option on Lac Pelletier Property Acquisition

ALEXIS MINERALS CORPORATION (TSX:AMC)(OTCQX:AXSMF) announces that further to its previous disclosure, the Company issued a production commitment notice to Thundermin Resources Inc. prior to September 1, 2010 to exercise its option to acquire the Lac Pelletier Property, in accordance with the September 2005 option agreement between the Company and Thundermin and related amendments thereto.

From Alexis Minerals Corporation 8 Dec 2010