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Teras Resources Engages National Drilling to Accelerate Exploration Program at Cahuilla Project

Teras Resources has contracted National Drilling, based in Arizona, in order to speed up the development or exploration drilling campaign at the Cahuilla project in California. A new Schramm T450GT track mounted angle reverse circulation drilling rig was mobilized by National to the site. National commenced the drilling operations during the last week of April 2012.

From Teras Resources Inc. 14 May 2012

Indochine Mining Intercepts High-Grade Gold and Silver at Mt Kare Project

Indochine Mining has announced that the company has encountered high-grade gold and silver intercepts at Mt Kare in Papua New Guinea. The company has found significant high grade silver and gold assays from the mineralized zones present in additional three drill holes.

8 May 2012

Southridge Expands Exploration Program to Target Unexplored Vein System at Cinco Minas

Southridge Enterprises, a U.S.-based mineral exploration company, declared that it has ramped up its reconnaissance program to target 80% of the unexplored section of the vein system at the Cinco Minas mine.

7 May 2012

Golden Minerals Updates First Quarter 2012 Production for Velardena Operations

Golden Minerals, a Colorado-based company, announced that it has revised the Q1 2012 production from the Velardeña operations and also provided a revised production guidance for fiscal year 2012.

7 May 2012

Lions Gate Metals Intersects High-Grade Silver at Poplar Silver Zone

Lions Gate Metals, a Canadian based junior resource company, reported that a 3 m sample of drill hole 11-PC-113 was re-assayed as part of its current quality assurance/quality control program.

5 May 2012

Cartier Resources Announces Initial Assay Results from Langlade Deposit

Exploration company Cartier Resources has declared the initial assay results from the phase II drill campaign performed on its Langlade deposit located on the Cadillac Extension property.

From Cartier Resources Inc. 5 May 2012

Foran Mining Announces First Assay Results from McIlvenna Bay Deposit

Foran Mining, a diversified exploration and development company, has declared the initial assay results from the 2012 drill campaign conducted at its McIlvenna Bay deposit. Under the drill campaign, 15 diamond holes were drilled into the deposit. Assay results for the last six holes are still pending.

From Foran Mining Corporation 4 May 2012

Ascot Resources Announces Initial Gold Resource Estimate for Big Missouri Area

Ascot Resources, a junior resource company, has released the first gold resource estimate for its Big Missouri area on the Premier project located at the Stewart Camp of northwest British Columbia. The company has been focusing on this Big Missouri area from 2009 to 2011.

From Ascot Resources Ltd. 4 May 2012

Argentium Resources Reports Silver Sampling Results from Sill Lake Property

Argentium Resources has announced the sampling results from the Sill Lake property, containing lead and silver, situated in Ontario. The amount of silver in the primary sample assays were greater than the detectable limits for silver and these assays had to be examined again by means of gravimetric analysis.

4 May 2012

Bullfrog Gold Announces Latest Drill Results from Newsboy Project

Bullfrog Gold has declared new drill results from its Newsboy Project, which is situated 45 mi northwest of Phoenix in Arizona. A vein comprising 50 ft of 0.084 gold opt and 0.18 silver opt, including 5 ft of 0.39 gold opt and 0.39 silver opt, was discovered through a vertical hole drilled beneath the schist rocks.

3 May 2012