Yahoo! Canada Finance: Gold Industry News

Yamiri Gold and Energy Inc. receives bridge loan

Fri, 16 May 2008 21:52:28 GMT

CNW Group - Yamiri Gold and Energy Inc. (the "Company") announces that a bridge loan in the amount of up to $400,000 has been provided by Endeavour Mining Capital Corp., which will receive 250,000 common shares of the Company and cash interest in consideration for the loan.

Harte Gold Grants Options

Fri, 16 May 2008 19:32:48 GMT

Marketwire - HARTE GOLD CORP. (TSX VENTURE:HRT)(FRANKFURT:H4O) announced today it has granted 2,800,000 options to its Board of Directors and Management.

Richfield releases Phase 1 Mouse Mountain results and commences drilling at G-South Gold target

Fri, 16 May 2008 18:01:15 GMT

CNW Group - Richfield Ventures Corp. (TSX-V: RVC) announces that it has received and evaluated assay results for all 15 drill holes (5544m) of the phase 1 drilling at Mouse Mountain.

Yukon-Nevada Gold Corp. records a loss from operations as it starts to prepare for greater production from its own assets

Fri, 16 May 2008 15:38:13 GMT

PRNewswire - Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) (the "Company") announced results for its first quarter of 2008.

Bison Gold Exploration Inc. Announces Completion of Private Placement

Fri, 16 May 2008 13:30:14 GMT

Marketwire - Bison Gold Exploration Inc. ("Bison Gold" or the "Company")(CNQ:BGEI) today announced the completion of a non-brokered private placement financing for gross proceeds of $500,000.

Linear Gold Provides Update on Drilling at El Filao Project, Brazil

Fri, 16 May 2008 13:28:54 GMT

Marketwire - Linear Gold Corp. (TSX:LRR) is pleased to provide an update on the previously announced drill program at the El Filao project located in the Alta Floresta gold province of northern Mato Grosso state, Brazil.

Atlanta Gold Inc. to terminate U.S. registration and SEC reporting obligations

Fri, 16 May 2008 12:34:37 GMT

CNW Group - Atlanta Gold Inc. (TSX: ATG) announced today that it intends to file a Form 15F with the United States Securities and Exchange Commission (the "SEC") to terminate the registration of its common shares under section 12(g) of the United States Securities Exchange Act of 1934 (the "Exchange Act") and to terminate its reporting obligations under sections 13(a) and 15(d) of the Exchange Act.

Erdene Gold Inc.: Donkin Coal Alliance Commits Funding to Advance Donkin Coal Project Toward Feasibility

Fri, 16 May 2008 12:00:24 GMT

Marketwire - Erdene Gold Inc. (TSX:ERD) announced today on behalf of the Donkin Coal Alliance that, having completed an evaluation of further studies on the Donkin coal project, the Donkin Coal Alliance will commit to funding a feasibility study of an Evaluation and Development Program ("Program") at the Donkin project in Nova Scotia, Canada.

Gammon Gold Announces a Significantly Expanded Two Year, $26 to $29 Million, 135,000 to 150,000 metre, Exploration Program Supported by Gammon

Fri, 16 May 2008 10:10:48 GMT

PRNewswire - Gammon Gold Inc. ("Gammon") (TSX:GAM and AMEX:GRS): is pleased to announce that the Company's 2008-2009 Exploration Program has been significantly expanded up to $29 million and will target reserve & resource expansions at our producing Ocampo and El Cubo mines as well as resource expansions at our highly prospective advanced exploration property, Guadalupe y Calvo.

Lundin Mining sells Norrliden to Gold-Ore

Fri, 16 May 2008 08:01:00 GMT

Reuters - STOCKHOLM (Reuters) - Swedish-Canadian mining and exploration firm Lundin Mining has sold its 90 percent stake in the Norrliden project to Canada's Gold-Ore Resources , IGE Nordic AB said on Friday.

High River Gold Reports First Quarter 2008 Results

Fri, 16 May 2008 01:15:29 GMT

Marketwire - (All currency figures are in Canadian dollars unless otherwise noted)

Lake Shore Gold Announces Approval of Special Resolutions at Annual and Special Meeting

Thu, 15 May 2008 23:12:35 GMT

Marketwire - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") today announced that shareholders have voted in favour of all resolutions at its annual and special meeting held today in Toronto.

Lincoln Gold Corporation - Private placement

Thu, 15 May 2008 21:03:48 GMT

CNW Group - LINCOLN GOLD CORPORATION (OTCBB: LGCPF) is pleased to announce that the Company is proceeding with a private placement of 10,000,000 units at a price of US $0.15 per unit for total proceeds of US $1,500,000.

Castle Gold Announces Appointment of Two Directors and Resignation of a Director

Thu, 15 May 2008 19:30:05 GMT

Marketwire - Castle Gold Corporation ("Castle Gold" or the "Company") (TSX VENTURE:CSG) is pleased to announce the appointment of Mr.

Castle Gold Announces Resignation of Chief Financial Officer

Thu, 15 May 2008 19:15:09 GMT

Marketwire - Castle Gold Corporation ("Castle Gold" or the "Company") (TSX VENTURE:CSG) announces the resignation of Ms.

Golden Goose hits 5.25 g/t of gold over 13.4 metres at its Magino gold property

Thu, 15 May 2008 18:30:56 GMT

CNW Group - Golden Goose Resources Inc. (TSX-V: GGR) (the "Company") has received the assay results for the two final holes of the 10,608-metre infill drilling program on its wholly-owned Magino Mine property, located 1.5 km southwest of the Richmont/Patricia Island Gold Mine, near Wawa, Ontario.

Lake Shore Gold Announces First Quarter 2008 Results

Thu, 15 May 2008 18:05:55 GMT

Marketwire - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold" or "the Company") today announced financial and operating results for the first quarter of 2008.

Gold-Ore Acquires Norrliden Poly-Metallic Deposit

Thu, 15 May 2008 16:06:28 GMT

Marketwire - Gold-Ore Resources Ltd. ("Gold-Ore") (TSX VENTURE:GOZ) is pleased to announce that it has entered into an agreement to purchase a 90% interest in the Norrliden poly-metallic deposit from North Atlantic Natural Resources AB ("NAN"), a subsidiary of Lundin Mining Corp.

Murgor drills more high grade gold at Hudvam and prepares for new 43-101 compliant resource estimate

Thu, 15 May 2008 15:19:39 GMT

CNW Group - Murgor Resources Inc. (MGR: TSX-V) today released the last assay results from its winter drilling at the Hudvam copper-gold-zinc-silver deposit in Manitoba.

Pershimco Reports Additional Higher Grades, up to 33.3 g/t Gold, 59.4 g/t Silver and 3.4% Copper From the Magistral Property, Mexico

Thu, 15 May 2008 14:08:23 GMT

Marketwire - PERSHIMCO RESOURCES INC. (TSX VENTURE:PRO)(FRANKFURT:BIZ) is pleased to report additional higher grade assay results from the on-going surface exploration program on the wholly-owned Magistral Property (the "Property") in the State of Chihuahua, Mexico, located 60 km south of the State's Capital of Chihuahua.

Update on 2008 Drilling at MacLellan Gold Mine, Lynn Lake

Thu, 15 May 2008 13:39:37 GMT

CNW Group - Since Diamond drilling commenced in the first week of March 2008, Carlisle Goldfields Limited (TSX: CGJ) has completed a total of 15 drillholes, with two others still in progress, for a total of 6,146 metres.

Preliminary Model Results Indicate an Increase Coming for Oro Gold's Resource Estimate at Trinidad

Thu, 15 May 2008 13:30:15 GMT

Marketwire - Oro Gold Resources Ltd. ("Oro Gold") (TSX VENTURE:OGR) is pleased to report that from the 8,300 metres of drilling recently completed at its 100-per-cent-owned Trinidad property, the current inferred resource estimate of 91,915 ounces gold (1,624,400 tonnes at 1.76 g/t gold) is expected to rise significantly.

RAM Gold & Exploration, Inc. Announces Contract Negotiations

Thu, 15 May 2008 12:40:27 GMT

Business Wire - RAM GOLD & EXPLORATION, INC., formerly Gaia Resources, Inc., announced today that it has completed contract negotiations with AMR Project Peru, S.A.C. relating to its Letter of Intent between the parties in order to begin drilling and exploration on the AMR property with the intent to commercialize the properties operations.

Luna Gold nominates Mr. Nolan Watson for board of directors

Thu, 15 May 2008 12:32:30 GMT

CNW Group - Luna Gold Corp. (TSXV-LGC) ("Luna" or the "Company") is pleased to announce that Mr.

Smartstox.com Spotlights Amador Gold, Golden Chalice Resources, and Kenrich-Eskay Mining

Thu, 15 May 2008 12:01:29 GMT

PrimeNewswire - The Smartstox Online TV Talk Show is alerting its subscribers and other resource stock investors to the recent developments announced by these current Smartstox-profiled companies.

Avnel Gold Mining Limited (AVK: TSX) announces first quarter 2008 results - Period ended March 31, 2008

Thu, 15 May 2008 11:31:45 GMT

CNW Group - Avnel records a net income of $201,000 in the first quarter of 2008 and gold sales for the quarter of 5,959 ounces.

Boxxer Gold Corp.: Surface Work Outlines Large Zone of Disseminated Copper Oxide Mineralization

Thu, 15 May 2008 10:24:06 GMT

Marketwire - Boxxer Gold Corp (TSX VENTURE:BXX) ("Boxxer" or the "Corporation") announces results from an ongoing surface exploration program on its 100% owned Boss project located in the Goodsprings Mining District, southern Nevada.

Sherwood Starts 2008 Drill Program With New Discoveries at Minto Copper-Gold Mine

Wed, 14 May 2008 19:35:02 GMT

Marketwire - Sherwood Copper Corporation (TSX VENTURE:SWC)(TSX VENTURE:SWC.DB) today announced that the 2008 exploration program at the Minto Mine located in the Yukon has commenced, discovering new areas of copper-gold mineralization in previously undrilled terrain west of the Minto and Area 2 reserves.

Consolidated Gold Win Ventures engages drill company

Wed, 14 May 2008 19:22:31 GMT

CNW Group - CONSOLIDATED GOLD WIN VENTURES INC. (GWV TSX-V, FRANKFURT - OUH1, PINKSHEETS - CGWJF) has contracted with Global Drilling Inc. to drill a minimum of 5000 feet of drilling on the Victoria Mine and its Dolly Varden area claims in the near future.

PC Gold Inc. Files Interim Financial Statements and MD&A for Period Ending March 31, 2008

Wed, 14 May 2008 18:41:10 GMT

Marketwire - PC Gold Inc. (TSX:PKL) (the "Company") has filed its Interim Financial Statements and Management's Discussion and Analysis for the period from incorporation, October 17, 2007, to March 31, 2008 on SEDAR at www.sedar.com.

Shore Gold Inc. announces first quarter results

Wed, 14 May 2008 16:56:52 GMT

CNW Group - Shore Gold Inc. ("Shore" or the "Company") reports that the unaudited results of Shore's operations for the quarter ended March 31, 2008 will be filed today on SEDAR and may be viewed at www.sedar.co m once posted.

Hawk Commences Exploration on the Holdsworth Gold Property, Wawa Area, Northern Ontario

Wed, 14 May 2008 15:30:05 GMT

Marketwire - Hawk Uranium Inc. (TSX VENTURE:HUI)(FRANKFURT:HPM)("Hawk") is pleased to announce that it has commenced field exploration consisting of line cutting, field mapping and a ground Magnetic Survey, on its wholly owned Holdsworth Gold Property in the Hawk Junction - Wawa Area of Northern Ontario.

Gryphon Gold Enters Joint Venture Agreement With New Dimension Resources in Western Nevada

Wed, 14 May 2008 15:27:21 GMT

Marketwire - Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) is pleased to announce that its wholly owned subsidiary, Nevada Eagle Resources, has entered into a Joint Venture Agreement with New Dimension Resources Ltd. (NDR), whereby NDR may acquire up to a 65% interest in the East Walker Project which lies within the Walker Lane mineral belt of western Nevada and approximately 20 kilometers west of Gryphon Gold's Borealis property.

Crew Gold Corporation: Financial Statements and Management's Discussion and Analysis for Quarter Ended March 31, 2008

Wed, 14 May 2008 13:52:25 GMT

Marketwire - Crew Gold Corporation ("Crew" or "the Company") (TSX:CRU) (OSLO:CRU) (FRANKFURT:KNC) (PINK SHEETS:CRUGF) today announces:

Crew Gold Corporation: Notification of Trade

Wed, 14 May 2008 13:49:21 GMT

Marketwire - Crew Gold Corporation ("Crew" or "the Company") (TSX:CRU) (OSLO:CRU) (FRANKFURT:KNC) (PINK SHEETS:CRUGF) today announced:

Oro Gold Acquires Key Ground in Rosario District, Mexico

Wed, 14 May 2008 13:30:13 GMT

Marketwire - Oro Gold Resources Ltd. ("Oro Gold") (TSX VENTURE:OGR) has acquired a 100% interest in the 80 hectare San Pablo property located approximately 10 km east of the past-producing Rosario gold-silver mine in Sinaloa, Mexico.

Winter drilling confirms significant gold zone

Wed, 14 May 2008 13:26:26 GMT

CNW Group - Viking Gold Exploration Inc. (VGC: TSX-V) announces preliminary results from its twelve-hole in-fill winter drill program on the Viking Yellowknife joint-venture property (60% Viking Gold Exploration, and 40% Viking Yellowknife Gold Mines Ltd., a 78.8%-owned subsidiary of Lakota Resources Inc.).

Gold World Resources Grants Stock Options

Wed, 14 May 2008 13:06:26 GMT

CNW Group - Gold World Resources Inc. (GDW-TSX Venture) (the "Company") announces the grant of stock options as directors and officers compensation under the Company's Stock Option Plan.

Prize Resumes Work on Yellowjacket Zone, Atlin Gold Property, BC

Wed, 14 May 2008 13:00:28 GMT

Marketwire - Prize Mining Corporation ("Prize") (TSX VENTURE:PRZ) is pleased to announce that it is resuming the Yellowjacket Zone bulk sampling (trial mining) program on its Atlin Gold Property, located in northwestern British Columbia.

East Asia Encounters 6.29 g/t Gold Over 11.0 Metres, Contributing to Upcoming Resource Estimate at Abong Prospect

Wed, 14 May 2008 12:30:13 GMT

Marketwire - East Asia Minerals Corporation (TSX VENTURE:EAS) is pleased to report that its diamond drilling at the shallow dipping, near-surface Abong Jasperoid Prospect, Aceh Province, Indonesia, continues to contribute gold-bearing intercepts for the year-end resource estimate.

Ontex Resources Engages Scott Wilson Roscoe Postle Associates to Evaluate the Brookbank Gold Deposit

Wed, 14 May 2008 12:30:06 GMT

Marketwire - Ontex Resources Limited (TSX:ONT) is pleased to announce that it has engaged the services of Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) to assist in the evaluation of the Brookbank Gold Deposit.

Rambler Reports Latest Drill Results at the Ming Mine Drills 5.10 Metres of 3.68 g/T Gold and 15.77% Copper

Wed, 14 May 2008 11:00:33 GMT

Marketwire - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) is pleased to announce further positive drill results from its underground diamond drilling exploration program at the Ming Mine.

High Desert Gold Corporation Files First Quarter 2008 Financial Statements

Tue, 13 May 2008 22:39:04 GMT

Marketwire - High Desert Gold Corporation (TSX:HDG)(TSX:HDG.WT)("HDG" or the "Company") reports that it has released its unaudited consolidated financial statements for the three months ended March 31, 2008 and the related management's discussion and analysis of financial position and results of operations ("MD&A").

Phase 1 Drilling Program Update at Dorex's Carmelita Copper-Gold Project, Chile

Tue, 13 May 2008 21:32:59 GMT

Marketwire - Dorex Minerals Inc. (TSX VENTURE:DOX) -

Excel Gold Mining Inc. Announces a Private Placement of a Maximum of $500,000

Tue, 13 May 2008 21:30:19 GMT

CNW Group - Excel Gold Mining Inc. (TSX-V : EGM) (the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement of a maximum of 6,250,000 units for a total amount of $500,000 (the "Private Placement").

GBS Gold Releases First Quarter 2008 Results

Tue, 13 May 2008 21:00:31 GMT

Marketwire - GBS Gold International Inc. (TSX:GBS) ("GBS Gold" or the "Company") has today released its production and financial results for the first quarter of 2008 (the "Quarter").

Upgrade to GBS Gold's Fountain Head Mine Resource

Tue, 13 May 2008 21:00:28 GMT

Marketwire - GBS Gold International Inc. (TSX:GBS) ("GBS Gold" or the "Company") today announces an upgraded resource estimate relating to the Tally Ho lode system of the Fountain Head open pit mine within its Union Reefs Operations Centre in Australia's Northern Territory.

China National Gold Corporation Closes CDN$218 Million Purchase of Jinshan Securities

Tue, 13 May 2008 20:54:23 GMT

Marketwire - Jinshan Gold Mines Inc. ("Jinshan") (TSX:JIN) is pleased to announce that a wholly-owned subsidiary of China National Gold Group Corporation ("China Gold"), China's largest state-owned gold producing enterprise, has completed the purchase of 42% of Jinshan's issued and outstanding common shares from Ivanhoe Mines Ltd. ("Ivanhoe Mines").

European Minerals and Lero Gold Corp. Announce Definitive Business Combination Agreement

Tue, 13 May 2008 20:31:13 GMT

Marketwire - THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Royal Gold to Present at the Merrill Lynch Global Metals, Mining and Steel Conference

Tue, 13 May 2008 20:16:47 GMT

PRNewswire - ROYAL GOLD, INC. (Nasdaq: RGLD; TSX: RGL), the leading precious metals royalty company, announced today that management will present at the Merrill Lynch Global Metals, Mining and Steel Conference in Key Biscayne, Florida.

Guyana Gold Corp. Raising $500,000 for Operations in Guyana

Tue, 13 May 2008 20:14:28 GMT

Business Wire - Guyana Gold Corp. (OTC:GYGC-News) is pleased to announce that it is in the process of completing a non-brokered private placement, subject to market and other conditions, of a $500,000 USD aggregate principal amount of its common stock at $0.50 USD per share for a total of 1,000,000 shares.

Ivanhoe Mines Completes Sale of Controlling Stake in Jinshan Gold Mines to China National Gold Group

Tue, 13 May 2008 20:05:09 GMT

Marketwire - Ivanhoe Mines' (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) Executive Chairman Robert Friedland announced today that the company has completed the previously announced sale of its 42% control block in China gold producer Jinshan Gold Mines to a wholly-owned subsidiary of China's national gold-mining conglomerate, China National Gold Group, of Beijing.

CCM Research Issues Technical Research Report on Yukon Gold Corp.

Tue, 13 May 2008 18:57:23 GMT

Marketwire - CCM Research Chief Technical Analyst, Jason Suttmeier, has written a technical research report on Yukon Gold Corp.

CCM Research Issues Technical Research Report on Nayarit Gold Inc.

Tue, 13 May 2008 18:33:54 GMT

Marketwire - CCM Research Chief Technical Analyst, Jason Suttmeier, has written a technical research report on Nayarit Gold Inc.