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Garibaldi Resources and Global Tree Technologies Sign Option Agreement

Garibaldi Resources Corp. (TSX.V: GGI) has announced that it has entered into an option agreement with Global Tree Technologies Inc. (SXV-NEX: GTT) whereby Global can earn, in two stages, up to a 70% interest in two mineral claim blocks comprising 1,720 hectares located in the Iskut River District of northwest British Columbia.

From Garibaldi Resources Corp. 23 Dec 2010

Desert Gold Ventures Enters Option Agreement for KAI Gold Property in Guinea

Desert Gold Ventures Inc. (TSX VENTURE:DAU)(OTCQX:DAUGF)(FRANKFURT:QXR1) has announced the signing of an Option Agreement with Mr. Mohammed Sylla of LA SOCIETE KAI GLOBAL LTD. for the exploration and exploitation of the KAI gold property located in Guinea.

From Desert Gold Ventures, Inc. 23 Dec 2010

Moly Mines Ships Iron Ore from Spinifex Ridge Project

Moly Mines Limited (TSX:MOL)(ASX:MOL) has announced that it has confirmed the booking of a vessel for the maiden iron ore shipment from the Spinifex Ridge Iron Ore Project.

From Moly Mines Limited 22 Dec 2010

Canarc Resource to Buy Relief Canyon Gold Mine Assets from Firstgold

Canarc Resource Corp. (TSX:CCM)(OTCBB:CRCUF)(DBFrankfurt:CAN) announces that it is the successful bidder to acquire a largely built and permitted, open pit, heap leach gold mine through a bankruptcy court auction held in Reno, Nevada.

From Canarc Resource Corp. 22 Dec 2010

NovaGold Resources Intends to Acquire All Outstanding Shares of Copper Canyon Resources

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) today announced that it intends to make an offer to acquire all of the outstanding shares of Copper Canyon Resources Ltd. (TSX-V: CPY), a junior exploration company, on the basis of 0.0425 of a NovaGold common share for each one Copper Canyon common share.

From NovaGold Resources Inc. 22 Dec 2010

AngloGold Ashanti to Continue Funding for Commander Resources' Baffin Gold Exploration Program

Commander Resources Ltd. (TSX VENTURE:CMD) reports that it has been informed by AngloGold Ashanti of its intention to proceed with funding a 2011 exploration program on Commander's wholly owned Baffin Island Gold Project, Nunavut.

From Commander Resources Ltd. 22 Dec 2010

Cliffs Natural Resources Finalizes Australian Government Approvals for Mt. Jackson J1 Deposit

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that all Australian Commonwealth and State governmental approvals have been finalized for the Mt. Jackson J1 Deposit.

From Cleveland-Cliffs Inc 22 Dec 2010

Taku Gold Announces Geophysical Survey Results from Quartz Property

Taku Gold Corp. (TSX VENTURE:TAK) has announced results from a 901-sample, deep auger-type, soil geochemical survey and 340 line km airborne geophysical survey completed over the 146-claim Quartz property in mid-September 2010.

From C2C Metals Corp 22 Dec 2010

Tanzanian Royalty Partners with Stamico for Buckreef Project

Tanzanian Royalty has announced that it was the successful bidder for the Buckreef Gold Mine Re-development Project in northern Tanzania.

From TRX Gold Corporation 22 Dec 2010

Xtra-Gold Resources Begins Integrated Airborne Survey at Kibi Gold Project in Ghana

Xtra-Gold Resources Corp. has announced that Canadian based Geotech Airborne Limited, has commenced an integrated helicopter-borne geophysical survey covering the Kibi Gold Project mining lease and its four surrounding exploration concessions at the northern extremity of the Kibi Greenstone Belt in Ghana, West Africa.

From Xtra-Gold Resources Corp 22 Dec 2010