Pebble Budget Increased to US $70 Million for 2009   VANCOUVER, BC – Northern Dynasty Minerals Ltd. reported that the Pebble Limited Partnership ("PLP" or the "Pebble Partnership") Board of Directors has approved an additional US $10.1 million budget to…

Franconia Announces 21% Increase in NI 43-101 Indicated Resource   SPOKANE, WA – Franconia Minerals Corporation reported an updated resource estimate for the Birch Lake copper-nickel-platinum group metal (PGM) deposit, one of three underground resource areas identified so far at…

Highgrade Extension at Long Canyon West Zone   VANCOUVER, BC – AuEx Ventures Inc. reported that new drill results at Long Canyon’s West Zone has extended the strike length of shallow, high-grade oxide gold mineralization an additional 650 feet northeastward…

Fortune Receives TOR For NICO Project   LONDON, ON – Fortune Minerals Limited reported that it has received the draft terms of reference (TOR) from the Mackenzie Valley Environmental Impact Review Board (MVEIRB) for the environmental assessment (EA) for the…

Design and Construction Schedule Progressing for Borealis   RENO, NV – Gryphon Gold Corporation reported a progress update for the proposed development of its wholly owned Borealis Oxide Project in the Walker Lane Belt of western Nevada. – Negotiations are…

New Copper-Gold Intersections at Lalor   TORONTO, ON – HudBay Minerals Inc. reported major new copper and gold drill hole intersections at its 100% owned Lalor deposit near its Snow Lake concentrator in the Flin Flon Greenstone Belt. Recent drill…

Bravo Intersects New Gold Zone at Homestake Ridge Property   VANCOUVER, BC – Bravo Venture Group Inc. reported that it has intersected significant gold mineralization in the Homestake Silver zone at its 100 percent owned Homestake Ridge Project located in…

JV To Reopen Crescent Silver Mine   VANCOUVER, BC – SNS Silver Corp. and Syringa Exploration Inc. reported the signing of a letter of intent to enter into a Joint Venture Agreement to reopen SNS Silver’s wholly-owned Crescent Silver Mine…

Rye Patch Gold Initiates Lincoln Hill And Wilco Drill Programs   VANCOUVER, BC – Rye Patch Gold Corp.  reported that drilling programs at the Lincoln Hill and Wilco projects are underway. Presently, there are two reverse circulation (RC) drill rigs…

Mine Development Underway At Butte Highlands Gold Project   COEUR D’ALENE, ID – Timberline Resources Corporation reported that it has posted the required reclamation bond and site development has begun at its Butte Highlands Gold Project, located 15 miles south…