Paramount Enters Into Strategic Alliance With Mexoro CHIHUAHUA, MEXICO – Paramount Gold and Silver Corp. reported that it has signed a Letter of Intent to enter into a strategic alliance with Mexoro Minerals Ltd. The strategic alliance contemplates both companies…

Drill Results Extend ‘Clavo 99’ Along Strike CHIHUAHUA, MEXICO – Paramount Gold and Silver Corp. reported assay results from drill hole SM-35 in the San Miguel Vein. Drill hole SM-35 was drilled 50 meters below hole SM-20 in the southern…

Quadra Acquires Land Options For Sierra Gorda VANCOUVER, BC – Quadra Mining Ltd. reported the completion of an updated NI 43-101 compliant mineral resource estimate for its 100% owned Sierra Gorda project in Chile as well as the purchase of…

Scoping and Feasibilty Studies for Choco 10 VANCOUVER, BC – Rusoro Mining Ltd. reported that the Company has awarded the contract to conduct a scoping study for the Choco 10 Mine and surrounding deposits in the El Callao region to…

Silver Standard Increases Pirquitas Silver Reserves by 43% VANCOUVER, BC – Silver Standard Resources Inc. reported that proven and probable silver reserves at Pirquitas in Argentina have increased by 43% to 195.1 million ounces. In addition, tin reserves have increased…

Geophysical Program On Cocha Copper-Silver-Gold Project VANCOUVER, BC – Amera Resources Corporation reported VDG del Peru S.A.C. has completed a total of 37.5 line kilometres of Induced Polarization (IP) and 39.7 line kilometres of ground magnetometer surveys covering the Central…

San Gonzalo Vein Yields 93% Silver Recovery VANCOUVER, BC – Avino Silver & Gold Mines Ltd. reported that preliminary metallurgical testing on a composite sample of San Gonzalo ore has been completed at SGS Minerals Services, Durango, Mexico. The results…

Brazauro to Acquire Bom Jardim Property HOUSTON, TX – Brazauro Resources has entered into a Letter of Intent with Gold Fields Holding Company (BVI) Limited, a subsidiary of Gold Fields to acquire the Bom Jardim property consisting of approximately 22,700…

New Zone Of Mineralization At Nieves Project VANCOUVER, BC – Quaterra Resources and 50% joint-venture partner Blackberry Ventures 1, LLC, reported assay results from 16 core holes totaling 5,388.8 meters completed during the fourth quarter of 2007 at their Nieves…

Significant New Mining Concessions Leased NEW YORK, NY – Capital Gold reported that the Company has produced approximately 9,500 ounces of gold in the third fiscal quarter (ended Apr. 30, 2008) at its El Chanate mine in Sonora, Mexico. Estimates…