DIOS EXPLORATION INC. (TSX VENTURE: DOS) reports the discovery a new gold showing during its 2010 reconnaissance program on its wholly owned U33 diamond-gold exploration project, James Bay, Quebec. The discovery is located 52 kilometers SE of the multi-million ounces of gold Eleonore deposit and 12 kilometers NE of the million ounces of gold Clearwater deposit.
Colossus Minerals Inc. ("Colossus") (TSX:CSI) is pleased to announce the results of further diamond drilling on the Serra Pelada Gold-Platinum-Palladium Project, the Colossus-COOMIGASP joint venture located in Para State, Brazil.
BCGold Corp. (TSX VENTURE:BCG) is pleased to announce that it has staked four properties in Central B.C., targeting blind porphyry copper-gold deposits similar in style to the Afton-Ajax and Mount Polley copper-gold deposits.
Matthew Russell, President of Azteca Gold Corp. ("Azteca" or the "Company") (TSX VENTURE:AZG) is pleased to announce that diamond drill core hole DDH-009 has been completed to a depth of 6760 FT. The Company feels its technical objectives for DDH-009 with regards to investigating up-dip hinge sulfide mineralization within the Two Mile Anticline were achieved within the estimated 7000 FT TD.
Asia Now Resources Corp. (TSX VENTURE:NOW) is pleased to announce that the Company has accelerated its exploration program by mobilizing six rigs to drill at its Beiya project adjacent to the open-pit Beiya Gold Mine, the largest gold mine in Yunnan Province of China, with production capacity being expanded to 200,000 ounces of gold annually.
Arco Resources Corp. (TSX VENTURE:ARR)(FRANKFURT:MJ7) ("Arco" or the "Company") is pleased to announce results from the remaining seven holes of the recently completed diamond drill program on its 100%-owned Taviche property located in Oaxaca, Mexico.
Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) ("Alexco" or the "Company") is pleased to announce additional results from its 2010 core drilling program at the Keno Hill Silver District in Canada's Yukon Territory. Exploration and infill drilling in the area of the historical Onek underground and open pit mine has identified an upper silver rich zone of mineralization with associated high grade zinc, and locally lead, over significant widths.
Gold prices have settles at a 14th record high in Gold Futures this month. The weak dollar and fears of inflation combined with currency debasement have pushed up silver along with gold futures.
Troymet Exploration Corp. has updated progress on its 100% owned, 7,882-hectare Key property, which is located 125 km southwest of Vanderhoof, British Columbia.
Resource definition drilling continues to progress successfully on bulk-mineable gold deposits in the San Francisco area discovered by Paramount Gold and Silver Corp. in December 2009. Earlier drilling focused on the South and North San Francisco zones which have expanded steadily as reported in news releases dated January 7, March 8 and June 17, 2010.
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