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…

Silver Wheaton to Acquire 45% Production From Rosemont VANCOUVER, BC – Silver Wheaton Corp. reported that Augusta Resource Corporation has elected to sell to Silver Wheaton 45% of the payable silver to be produced from its 100% owned Rosemont Copper…

Drilling Completed On The Evans Mine Portion Of Dixie Flats Project VANCOUVER, BC – Staccato Gold Resources Ltd. has completed a three-hole, 4,500 foot core drill program on the Evans Mine portion of its Dixie Flats project in Nevada. The…

Canyon Reports Positive Cecil R Drilling GOLDEN, CO – Canyon Resources Corporation reported the results of a 15-hole 4,800 foot reverse circulation drilling campaign completed in January at its Cecil R property located five miles north of its Briggs Mine…

Significant New Gold/Silver Zone At Wind Mountain VANCOUVER – Fortune River Resource Corp. reported that a significant new zone of gold and silver mineralization has been intersected at the Wind Mountain Au-Ag project in the Walker Lane gold trend in…

New Jersey Mining Forms Joint Venture With Newmont KELLOGG, ID – New Jersey Mining Company reported that it has signed a definitive agreement with Newmont North American Exploration Limited under which the parties created a joint venture to explore for…

Lead-Zinc and Gold Intersected At Jersey-Emerald Property VANCOUVER, BC – Sultan Minerals Inc. reported that seventeen additional diamond drill-holes have intersected and expanded a zone of lead-zinc mineralization on its 100% owned Jersey-Emerald molybdenum-tungsten Property in southern British Columbia.Final assay…