VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/11 — Gryphon Gold Corporation (TSX: GGN)(OTCBB: GYPH) is pleased to provide an update of onsite construction work for the Borealis Oxide Heap Leach Operation as of July 29, 2011. The project remains below budget. Gryphon anticipates first revenue from gold sales in October, 2011.John Key, Chief Executive Officer of Gryphon, commented "Construction progress remains below budget. We set a very aggressive schedule that goes from groundbre
VANCOUVER, BRITISH COLUMBIA and JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 08/02/11 — Platinum Group Metals Ltd. (TSX: PTM)(NYSE Amex: PLG) ("Platinum Group" or the "Company") is pleased to announce it has entered into a mandate letter with Barclays Capital, the investment banking division of Barclays Bank PLC (together with its affiliate Absa Capital the corporate & investment banking division of Absa Bank Limited), The Standard Bank of South Africa Limited, West L
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/11 — Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX: AMM)(NYSE Amex: AAU) is pleased to announce results from drilling within the currently defined Ixtaca Zone with holes TU-11-27, TU-11-29, TU-11-31, TU-11-35 and TU-11-36.Highlights from the current group of assays include the following intercepts:J.D. Poliquin, Chairman of Almaden commented, "These new holes continue to show that the Ixtaca zone is a robu
FAIRBANKS, ALASKA — (Marketwire) — 08/02/11 — Linux Gold Corp. (the "Company") (OTCBB: LNXGF) will commence an exploration program, next month, consisting of 40 – 60 auger drilling holes, to identify drill targets on the Trout Claims, located about 70 miles northwest of Fairbanks, Alaska in the Rampart Mining District. The claim block consists of thirty-four (34) 160 acre State of Alaska claims totaling 5,440 acres.Pursuant to our news release dated November 22, 2010:The Trout Cla
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NEW YORK, NY — (Marketwire) — 08/02/11 — VuQo Holdings Corp. (PINKSHEETS: VUQO) — VuQo Holdings Corporation announces that it is in talks with Tanduay Distillers, through their San Francisco subsidiary, Midway Trading, to exclusively import and distribute Tanduay products in the United States. The move is in line with VuQo-s mission of bringing high quality Philippine-made wines and spirits to the global market and elevating the status of Filipino brands. "With over 155 years of histo
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/11 — CuOro Resources Corp. (TSX VENTURE: CUA) ("CuOro" or the "Company") announces that at the annual general meeting of shareholders of the Company held on July 28, 2011, Messrs. Robert Sedgemore, Nick DeMare, Dave J. Doherty and John Seaman were elected as directors by the shareholders and at the subsequent director-s meeting Mr. Jorge Uribe was appointed to the Board by the Directors. In addition, all items put forth
Ring of Fire Chromite Receives International Attention
NEW YORK, NY — (Marketwire) — 08/02/11 — Ruby Creek Resources Inc. (OTCBB: RBYC), a gold exploration and mining company with operations in Tanzania, provides an update on the closing of the Gold Standard acquisition (See News Releases dated January 12, 2011 and May 24, 2011).Ruby Creek-s agreement with Gold Standard provides for the acquisition of a recently issued 10 sq km Mining License, two exploration joint ventures of 40 and 89 sq km, a Regional Environmental Report, an established min
