Kiska To Acquire Kennecott’s Copper Joe Prospect Near Whistler Project, Alaska

Friday, May 28, 2010

Kiska Metals Corporation (TSX VENTURE:KSK) reported has entered into a non-binding letter of intent with Kennecott Exploration Company to acquire a 100% interest in the Copper Joe Property.

Drilling Commences at Seabridge Gold’s KSM Project

Friday, May 28, 2010

Seabridge Gold Inc. (TSX:SEA)(NYSE Amex:SA) reported that drilling is now underway at its 100% owned KSM project as previously announced in the news release of April 19, 2010, this year’s drill program is designed to (i) convert more of the existing mineral resources to proven and probable reserves, and (ii) conduct resource definition drilling at the Iron Cap zone where drilling by previous operators identified the potential for a fourth large deposit at KSM.

Gold Fields Granted Option on Woodjam South Property, BC

Thursday, May 27, 2010

Cariboo Rose Resources Ltd. (TSX-V: CRB) and Fjordland Exploration Inc., the Woodjam Joint Venture (“WJV”) 60%-40% partners, announced that effective May 20, 2010, Gold Fields Horsefly Exploration Corporation, a member of the Gold Fields Limited group of companies has been granted an option on the WJV’s Woodjam South property.

Virginia Acquires the Escale Property From SIRIOS Resources

Thursday, May 27, 2010

Virginia Mines Inc. (TSX:VGQ) reported the execution of an agreement with Sirios Resources Inc. on the Escale property located in the James Bay region, province of Quebec.

Avanti Mining announces appointment of Bob Jacko

Thursday, May 27, 2010

Avanti Mining reports on the appointment of Bob Jacko, as General Manager – Project Development effective June 15th, 2010. Mr. Jacko has over 32 years of experience in the mining industry, most recently as Vice President and General Manager, Projects of Thompson Creek Metals which included the responsibility for engineering and construction of the Endako Mine expansion [...]

Paget Minerals Acquires Cu-Au-Mo Properties From Pembrook Mining

Wednesday, May 26, 2010

Paget Minerals Corp. (TSX VENTURE:PGS) reported an agreement with Pembrook Mining Corp. to acquire the Icy Lake, Fae and Slam properties in B.C.

Moly Mines Company Update

Wednesday, May 26, 2010

Moly Mines Limited (TSX:MOL)(ASX:MOL) provided the following update for the Spinifex Ridge Iron Ore Project and financing activities for the US$500 million Project Finance Loan Facility for the Spinifex Ridge Molybdenum Project.

Woulfe Mining: Work Schedule for 2010

Tuesday, May 25, 2010

Woulfe Mining Corp. (CVE:WOF) reports its work schedule for 2010.    Woulfe Mining is focused on the redevelopment of the world class Sangdong tungsten and molybdenum mine in South Korea. Woulfe is in a unique position with what the Board considers to be “The” tungsten project in the world with its 25 km of underground development [...]

Australia’s Super Profit Tax Sparks Concern

Tuesday, May 25, 2010

Australia’s new “Super Profit” tax on mining companies may scare off investment and hurt the profitability of mining operations, say analysts. However, economists and government officials disagree. After billions of dollars worth of investments into molybdenum operations in Australia, how will this proposed tax affect the mining industry?

North American Gem Inc. Has Submitted the Granny Rose Mining Permit Application

Tuesday, May 25, 2010

North American Gem Inc. (NAG) (TSX VENTURE:NAG) reported that it has officially submitted the Granny Rose Mining Permit Application to the Kentucky Department of Natural Resources.

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