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Dutch Gold to Begin Drilling at Basin Gulch Project

Dutch Gold Resources, Inc. (Pink Sheets:DGRI) today announced that State of Montana Department of Environmental Quality issued the company an exploration license for its Basin Gulch project. Drilling will commence in March 2011.

11 Feb 2011

New Gold Announces Updated Reserves and Resources from El Morro Project

New Gold Inc. (TSX and NYSE AMEX: NGD) today announces that Goldcorp Inc., its 70% joint venture partner in the El Morro project, has updated the reserves and resources for the project as of December 31, 2010.

From New Gold Inc. 11 Feb 2011

Red Metal Resources Reports Mining Results from Mateo Project in Chile

Red Metal Resources Ltd. (OTCBB:RMES), a mineral exploration company with copper-gold assets in Chile, today announced a summary of grade results from a contract surface mining program at the Irene showing, part of Red Metal's Mateo project in Chile's highly prospective iron oxide copper-gold belt.

From Red Metal Resources Ltd. 11 Feb 2011

Sage Gold Completes Six Drill Holes at Clavos Mine in Ontario

Sage Gold Inc. (TSX VENTURE:SGX) has completed six drill holes of the 12 drill hole program in the first phase of drilling on the western extension at the Clavos mine in Timmins, Ontario.

11 Feb 2011

Halo Resources Commences Drilling at Sherridon VMS Property in Manitoba

Halo Resources Ltd. (TSX VENTURE:HLO)(FRANKFURT:HRLN) has announced that the Company has commenced drilling at its' 200 square kilometer Sherridon VMS Property in Manitoba.

11 Feb 2011

High Desert Gold Starts Phase I Drill Program at San Antonio Gold Property in Mexico

High Desert Gold Corporation (TSX VENTURE:HDG)(PINK SHEETS:HDGCF) is initiating a Phase I drill program at the Company's 100%-owned San Antonio gold property in Sonora state, Mexico, and anticipates having the drill rig onsite by February 15.

From Gold Rate 11 Feb 2011

Red Crescent Resources to Acquire Sivas Copper Project in Turkey

Red Crescent Resources Limited (TSX:RCB), a mineral exploration and development company focused on base metals, announced that it has entered into a binding agreement with Gensay, a Turkey-based company, to acquire the "Sivas Copper Project" subject to the terms and conditions contained in such Agreement.

11 Feb 2011

Golden Peaks Resources Begins Drilling at Tanoyan Gold Project in Indonesia

Golden Peaks Resources Limited (TSX:GL) is in the final stages of completing its 100% acquisition of Reliance Resources Limited, and upon completion of the transaction, the company will own a 75% interest in the Tanoyan Gold Project on Sulawesi Island Indonesia.

11 Feb 2011

Canasil Resources Begins Airborne Geophysical Survey at Three Large Silver, Gold Projects in Mexico

Canasil Resources Inc. (TSX VENTURE:CLZ) announces that the Company has started a program of airborne geophysical surveys on three large silver and silver/gold projects in Durango State, Mexico.

From Canasil Resources Inc. 11 Feb 2011

Avala Resources Presents Updated Drilling Results from Korkan-Bigar Target Area

Avala Resources Ltd. (TSX VENTURE:AVZ) has presented an update on drill 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.

11 Feb 2011

Troymet Exploration Announces Winter Drilling Program at Key Project

Troymet Exploration Corp. (TSX VENTURE:TYE) reports the winter exploration program is underway on its 100% owned Key project.

From Bessor Minerals Inc 11 Feb 2011

St Andrew Goldfields Returns Encouraging Gold Results from Blacktop Zone

St Andrew Goldfields Ltd., has announced results from recent drilling conducted at the Blacktop Zone which returned encouraging results east of and along strike from the current mining activities.

From Agnico Eagle Mines Limited 11 Feb 2011

Barkerville Gold Mines Receives Final Drilling Results from Cow Mountain

Barkerville Gold Mines Ltd. (TSX VENTURE:BGM)(FRANKFURT:IWUB) announces the final results from its 2010 drill program at Cow Mountain and Barkerville Mountain.

11 Feb 2011

Rio Alto Mining Exercise Option to Acquire IAMGOLD's Peruvian Copper-Gold Project

IAMGOLD Corporation (TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) today announced that Rio Alto Mining Limited has exercised its option to acquire 100% of IAMGOLD's Peruvian copper/gold project for US$49 million cash.

From Iamgold Corp. 10 Feb 2011

Goldcorp Announces Increase of Gold Reserves by 23%

GOLDCORP INC. (TSX: G, NYSE: GG) today announced that 2010 proven and probable gold reserves increased by 23% to 60.1 million ounces, the seventh consecutive year that the Company has increased gold reserves.

10 Feb 2011