Almaden Minerals Ltd.: Tuligtic Copper Project Update "Almaden Minerals Ltd. (TSX:AMM - News)(AMEX:AAU - News) and its Mexican subsidiary Minera Gavilan S.A. de C.V. (together referred to as "Almaden") are pleased to announce results of a 2,973.05 meter seven hole preliminary diamond drilling program now completed at the Tuligtic copper-molybdenum project, Mexico. The Tuligtic project is located twenty-one kilometres north of Puebla State, and covers a large area of alteration and mineralisation including intense sericite-quartz-pyrite alteration and stockwork veining and potassic alteration." More | March 10
Update of Almaden's Exploration Activites and 2010 Corporate Objectives "Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX:AMM - News)(AMEX:AAU - News) wishes to provide shareholders details of its 2010 corporate and exploration plans and a brief review of its most important projects. Chairman J.D. Poliquin stated, "We have a portfolio of projects with outstanding potential and our company is now in an excellent position financially and technically to aggressively advance them." More | March 10
PDAC-Randgold CEO sees rangebound gold price in 2010 "The price of gold is likely to remain range-bound through the course of 2010, the head of Randgold Resources (RRS.L) said on Wednesday." More | March 10
Kimber announces mineral resource estimate for Carotare Deposit and provides Monterde and warrants update "Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR) is pleased to announce a new, upgraded mineral resource estimate for the Carotare Deposit, located approximately 2 kilometres west of the Carmen Deposit, at its 100% owned Monterde project, located in Mexico's Sierra Madre mining district. This estimate is in addition to the Carmen mineral resource estimate reported on November 18, 2009 and the Veta Minitas mineral resource estimate reported on December 1, 2009." More | March 10
International Tower Hill Increases Indicated Resources at Livengood Gold Project, Alaska: Indicated Resource 9.3M Ounces of Gold @ 0.5 g/t Gold Cutoff "International Tower Hill Mines Ltd. ("ITH" or the "Company") (TSX:ITH - News)(AMEX:THM - News)(Frankfurt:IW9 - News) is pleased to announce the results of the updated independently prepared resource estimate for the Livengood gold project, Alaska. Data used in this resource update includes the final 64 drill holes completed in late 2009. Successful infill drilling targeted several previously un-estimated mineralized areas of the Northeast and Sunshine Zones of the deposit. Results are anticipated to have a positive impact on the strip ratio and mining economics (current low strip ratio of 0.8-1, waste-ore). The Money Knob deposit is still open in several directions (including at depth)." More | March 10
Harmony halts ops at S.Africa mine after fatality "Harmony Gold Mining Co Ltd, the world's No.5 gold producer, suspended output at its Evander No. 8 shaft in South Africa on Wednesday after a mineworker was killed in a rockfall." More | March 10
NovaGold Announces Completion of US$100 Million Financing "NovaGold Resources Inc. (TSX:NG - News)(AMEX:NG - News) today announced that it has closed its non-brokered offering of 18,181,818 common shares of the Company at a price of US$5.50 per common share for gross proceeds of US$99,999,999 (the "Offering"), as announced on March 4, 2010. The Offering was made to several investment funds managed by Paulson & Co. Inc. ("Paulson") pursuant to a subscription agreement dated March 4, 2010 between the Company and Paulson on behalf of such funds. The Company's US$75 million equity financing announced on March 8, 2010 is scheduled to close on March 11, 2010." More | March 09
Minco Gold Discovers a Significant Gold Zone on the Oujiaba Property "Minco Gold Corporation (the "Company" or "Minco Gold") (TSX:MMM - News)(AMEX:MGH - News)(Frankfurt:MI5 - News) is pleased to announce the discovery of a large gold zone on its 100% owned Oujiaba property, within the Yangshan Gold Belt, Gansu Province P.R.C. The discovery has been traced for approximately 6 kilometres and has the same host lithologies as the Anba gold deposit. The Anba deposit is considered to be a Carlin-type gold deposit and is estimated to have over 10 million oz Au." More | March 09
Rubicon Provides F2 Gold System Update, Red Lake, Ontario "Rubicon Minerals Corporation (RMX.TSX: RBY.NYSE-AMEX) is pleased to provide an update of the latest diamond drilling results from its 100%-owned Phoenix Gold Project, located in the heart of the prolific Red Lake Gold District of Ontario. New drill holes have intersected numerous high-grade and broad gold-bearing intercepts which further expand the F2 Gold System where approximately 108,500 metres of drilling has been completed to date (see news releases since March 12, 2008 and http://www.rubiconminerals.com/ for details). Ongoing exploration is part of a 158,000 metre drill program aimed at testing and infilling a 1200-metre by 1600-metre target area, referred to as the '9X drill plan'. Significant new drill results are summarized below and all new results are presented in Table 1 and Figures 1 and 2." More | March 09
Apollo Gold and Linear Gold Agree to Business Combination Creating an Emerging Canadian Mid-Tier Gold Producer "Apollo Gold Corporation (TSX: APG - News) (NYSE Amex: AGT) (“Apollo”) and Linear Gold Corp. (TSX: LRR - News) (“Linear”) are pleased to announce the signing of a binding letter of intent (the “Binding Agreement”) to complete a business combination (the “Merger”) by way of a court approved plan of arrangement to create an emerging Canadian mid-tier gold producer." More | March 09
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