VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Aldrin Resource Corp. ("Aldrin") (TSX VENTURE: ALN) is pleased to announce that it has commenced diamond core drilling on its 100% owned IND project located 38 kilometres south of Dawson in the heart of the prolific Klondike mining district of the Yukon Territory. The 27 square kilometre property is proximal to numerous placer operations including the Indian River placers and 14 kilometres southwest of the famous Bonanza Cree
TUCSON, ARIZONA — (Marketwire) — 08/04/11 — Axiom Gold and Silver Corp. (OTCQB: AXIO)(BERLIN: 0X0) is pleased to provide a new update on its Aurora Project located in Sonora State, Mexico.Axiom Gold and Silver Corp., through its wholly owned subsidiary Axiom Minerals de Mexico, S.A. de C.V., received analytical results from Acme Analytical Laboratory Ltd. in Vancouver, B.C. for the first two sets of rock samples (70 samples total) from the systematic sampling program ongoing at the Aurora p
TORONTO, ONTARIO — (Marketwire) — 08/04/11 — Nuinsco Resources Limited ("Nuinsco" or "the Company") (TSX: NWI) () today announced the closing of two tranches of a non-brokered private placement financing of 7,391,365 flow-through units at a subscription price of $0.15 per flow-through unit. The Company raised gross proceeds of $1,108,704.75. The two tranches occurred on July 29, 2011 and on August 3, 2011.Each flow-through unit (each, a "Unit") consists of one
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VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Bearing Resources Ltd. ("Bearing", or the "Company") (TSX VENTURE: BRZ) is pleased to announce that the Company has commenced its summer exploration program at the 12,113 hectare Zymo copper-gold project ("Zymo"), located 45 kilometres west of Smithers, British Columbia. Exploration work carried out to date at Zymo, including surface sampling, geophysical testing and core drilling, has identified a large c
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Bravo Gold Corp. (TSX VENTURE: BVG)(FRANKFURT: B6I) reported today that diamond drilling has started on the Homestake Ridge Project, located in north-western British Columbia. A program of surface IP geophysics is currently being conducted on the property to assist drill targeting.Drilling will initially focus on the 215 target, a zone of silver-enriched silicification located 150 metres to the northeast of the Homestake Silver deposit
SOUTH LAKE TAHOE, CA — (Marketwire) — 08/04/11 — Siga Resources Inc. (OTCBB: SGAE) () President and CEO, Edwin Morrow, is pleased to announce that Bentley Fairview Resources Co. Ltd., of Ontario, Canada, the Joint Venture Partner for the Big Bear Mining Claims located in San Bernardino County, California, has advanced the initial payment for the initiation of a work program on the Big Bear Mining Claims.This is the initial payment of a $10,000,000 Joint Venture entered by the two companies
SPARKS, NV — (Marketwire) — 08/04/11 — Golden Phoenix Minerals, Inc. (the "Company") (OTCBB: GPXM) is pleased to announce it has closed a $1 million bridge loan facility from Waterton Global Value, L.P. ("Waterton") to complete its phase two, 45-day due diligence period in furtherance of acquiring an interest in the Santa Rosa gold mine in Panama ("Santa Rosa Project"), and signed a Term Sheet ("Term Sheet") with Waterton to obtain a $15.5 million gold
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — United Silver Corp. (formerly United Mining Group, Inc.) ("USC" or the "Company") (TSX: USC)(OTCQX: USCZF)(FRANKFURT: UM8) and Gold Finder Explorations Ltd. ("Gold Finder") (TSX VENTURE: GFN), announce that Gold Finder has agreed to include the Bunker Hill claims in the Crescent Silver Mine project located in Silver Valley, Idaho, in the Coeur d-Alene Mining District. The Bunker Hill claims are contiguous
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/04/11 — Highland Resources Inc. ("Highland" or the "Company") (TSX VENTURE: HI) announced today that it has entered into a formal Joint Venture Agreement (the "Agreement") with BRP LLC ("BRP") pursuant to which Highland has acquired the right to earn in up to a 65% interest in copper resources located in Keweenaw and Houghton Counties, Michigan (the "Property") from BRP which holds the rights o
