Quality Assurance/Quality Control Program At Lucky Jack RIVERTON, WY – U.S. Energy Corp. and its partner, Kobex Resources Ltd. reported on the Lucky Jack Molybdenum Project:Kobex has completed a quality assurance/quality control (QA/QC) program on sample rejects from the historical diamond…

Drilling Continues to Intersect New Gold/Moly Occurrences VANCOUVER, BC – Freegold Ventures Limited reported additional assays from the Company’s Phase 2 step-out drill program on its Almaden project in south western Idaho. Completed late last year, the Phase 2 program…

Gryphon to Report New Resource Calculation VANCOUVER, BC – Gryphon Gold Corporation reported its updated CIM compliant, NI 43-101 gold resource report for the Borealis property by the end of April 2008.It is anticipated these results will considerably improve the…

HudBay Updates Drill Results for Lalor Lake WINNIPEG, MB – HudBay Minerals Inc. reported drill results from additional holes at its Lalor Lake zinc exploration project near Snow Lake, Manitoba in the Flin Flon Greenstone Belt. The results indicate encouraging…

Majuba Drilling and Field Program Underway VANCOUVER, BC – Minterra Resource Corp. reported that a 4,500 foot reverse-circulation drill program is underway at the Majuba Hill Project. This is a focused drill program designed to explore the Line Drive and…

Nevada Continues To Be Nation’s Top Gold Producer CARSON CITY, NV – Nevada’s mining industry set an all-time record in 2007 for total value of mined commodities. The total value was about $5.4 billion, according to reports compiled by the…

Newmont Has Strong First Quarter Results DENVER, CO – In the first quarter of 2008, Newmont Mining reported equity gold sales of 1.29 million ounces at costs applicable to sales of $396 per ounce in the first quarter. Equity gold…

Ni-Cu-PGE mineralization discovered on PFN’s Tonsina Property VANCOUVER, BC – Pacific North West Capital Corp. reported the results from the 2007 exploration program conducted at its 100% controlled Tonsina Property located in Southcentral Alaska. Outcrop sampling and mapping completed in…

Option Agreement to Sell Its Timmins Nickel Project TORONTO, ON – Pele Mountain Resources Inc. and Fletcher Nickel Inc. reported that they have entered into an option agreement pursuant to which Fletcher may acquire 100-percent of Pele’s Timmins Nickel Project,…

Redstar Intersects New Bulk Tonnage Gold System VANCOUVER, BC – Redstar Gold Corp. and International ower Hill Mines reported initial results from drilling at the North Bullfrog Project in southwestern Nevada. Drilling on the Mayflower target has returned broad zones…