Archive for January, 2010

Rye Patch Gold’s new appointment

Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCBB:RPMGF) reported today the appointment of Mr. Lindsay Malcolm as its in-house Corporate Development representative. The press release is quoted as saying: Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly [...]

Malbex Resources reports Del Carmen gold project results

Malbex Resources Inc. (TSX VENTURE:MBG) reported the drill results from the first of several targets being tested at its Del Carmen gold project in San Juan province, Argentina. The press release is quoted as saying: The holes intersected sub-vertical zones of siliceous hydrothermal breccias and vuggy silica, with DDH-09-002 intercepting 27 m grading 0.5 grams [...]

Silver Reacts to Global Market Pressures

By Melissa Pistilli-Exclusive to Silver Investing News Precious metals prices have taken a hit the past few market sessions as risk-averse sentiments overshadow any recent speculative fervor in commodities. On Thursday, President Barack Obama announced a set of new proposals to restrict banks or other financial institutions from dealing with hedge funds or private equity [...]

Apogee to Acquire the Pulacayo Silver Deposit

Apogee Minerals Limited (TSX VENTURE: APE) reported that the company has entered into a non-binding term sheet with Golden Minerals Company to acquire the Pulacayo Deposit held by Golden Minerals Company. The press release is quoted as saying: Apogee Minerals Ltd. is an exploration stage company a listed on the TSX Venture Exchange under the [...]

Endeavour Silver’s update

Endeavour Silver Corp. (TSX:EDR)(TSX:EDR.WT)(NYSE Amex:EXK)(DBFrankfurt:EJD) reported that for the sixth consecutive year, the Company’s exploration drill programs in Mexico met with continued success, highlighted by the discovery of new, high grade silver-gold mineralized zones near Endeavour’s two mining operations, Guanacevi Mines in Durango State, and Guanajuato Mines in Guanajuato State. The press release is quoted [...]

Zinccorp Resources Inc. Plans 2010 Drill Program

Zinccorp Resources Inc (TSX VENTURE:ZN) reported that the company is planning a 2010 diamond drill program at the Michelle Project in north-central Yukon Territory. The press release is quoted as saying: Zinccorp Resources Inc., a member of the Hughes Exploration Group of companies, is a recently formed, tightly held junior mineral exploration company. The Company [...]

Silvercorp to Announce Third Quarter Results

Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) reported that the company plans to release its unaudited third quarter results for the period ended December 31, 2009, on Tuesday, February 9, 2010, after the close of the market. The press release is quoted as saying: Silvercorp Metals Inc. is engaged in the mining, development, exploration and acquisition of silver-related [...]

Gold Resource reports Aguila mill’s initial flotation

Gold Resource Corporation (GRC) (OTCBB: GORO) (FRANKFURT: GIH) reported that the Aguila mill initial flotation circuit is now mechanically operable. The press release is quoted as saying: Gold Resource Corporation is a mining company focused on production and pursuing development of gold and silver projects that feature low operating costs and produce high returns on [...]

Troymet Updates Key Project

Troymet Exploration Corp. (TSX VENTURE:TYE) updated on the status of its Key project in British Columbia. Troymet holds a 100% interest in the 7,882-hectare Key property located 125 km southwest of Vanderhoof, British Columbia. The press release is quoted as saying: The Key project is prospective for epithermal gold-silver deposits as well as volcanic massive [...]

Minco Silver Receives Land Use Permit

Minco Silver Corporation (TSX:MSV) reported that the company has received the Land Use Permit for its Fuwan Silver project located in Guangdong province, China. The press release is quoted as saying: Minco Silver Corporation (TSX:MSV) is a TSX listed company focusing on the acquisition and development of silver dominant projects. The Company owns 90% interest [...]