VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/25/11 — Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan") is pleased to report additional drill results from 5 holes from the Valdette and Demetrio zones at the Coringa project. These holes were drilled to test gold-bearing structures within large soil geochemical anomalies. Highlights from this set of results include 5.5m @ 6.49g/t gold from the Demetrio zone.The objective of this program is to expand on the Coringa resource whi
RENO, NEVADA — (Marketwire) — 08/18/11 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports that as part of its on-going 10,500 meter (approx. 20 hole) drilling program on its Red Hill Prospect it has commenced drilling on the Coal Canyon.The target for the first Coal Canyon drill hole (RHCC11-001 is planned for a depth of 500 meters) is a follow-up on a historic hole that contained 10 feet of 0.39 grams gold. It is within a much broader zone of silica cemented breccia containing the favor
RENO, NEVADA — (Marketwire) — 08/11/11 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports adding a soil gas survey to the 10,500 meter drill program underway on its 45 square mile Red Hill Prospect in the Cortez gold trend of Nevada.Dr. Roger Steininger, NuLegacy-s COO says, "This is an appropriate time to use this exploration tool to narrow the drilling target options." Mercury soil gas surveys have been successful in targeting gold deposits in Nevada in geological environment
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/09/11 — , or visit:Astral Mining Corporation (TSX VENTURE: AA)(TSX VENTURE: AA.WT)(PINK SHEETS: AAMJF)(FRANKFURT: A7DA) ("Astral" or "the Company") is pleased to provide a progress report on the ongoing exploration program on its Los Crestones property, Sinaloa State, Mexico. Los Crestones covers 4,168 hectares and is located within the Sierra Madre gold-silver belt of Western Mexico. Surface work reported below is part of o
Gold Stocks
RENO, NV — (Marketwire) — 08/08/11 — Focus Gold Corporation (OTCBB: FGLD) and Metallum Resources plc have agreed that for the purposes of setting the Exchange Ratio, a closing date of June 30, 2011 will be used. Based on the Exchange Ratio provided for and expressed in the definitive agreement signed on February 21, 2011, pricing of Focus Gold shares for this purpose was averaged over the 10 day trading period ending on June 23, 2011 which was approximately /share. The foreign exchange rate
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
