PMI Gold Corporation (TSX.V: PMV) is betting that micro-mining, the practice of operating smaller, high margin gold mines, will help it grow over time into a significant producer.

Investors seeking a grassroots deal with plenty of upside will find EcuaGold refreshing. Companies like this bridge the gap between gambling and putting our money into lesser risk ventures with potential for very high returns. Due diligence tells us EcuaGold has a high stake in a land area of proven mineralization, is well-funded, and works in a “mining friendly” region.

After a summer of quiet trading and a gentle easing of its market capitalization, Astral Mining Corporation (TSX.V: AST) has had a jump-start in both its valuation and volume. The jump, not surprisingly was the result of strong results from Jumping Josephine.

Bayfield is currently pursuing some promising new opportunities with strong indications of future gains in the highly stable political/geographical area of Northwestern Ontario known as Rainy River.

A new generation of miners is making inroads in Russia’s Far East, including ambitious Canadian juniors such as Vancouver’s Golden Reign Resources Ltd. (TSX.V:GRR), which, through a joint venture with Status LLC, is now developing two gold properties in Magadan Oblast, and may acquire additional mining concessions in other provinces.

When Teryl Resources (TSX.V: TRC) announced the initiation of drilling on its Gold Hill copper-gold-silver project located near Bisbee, Arizona, investors familiar with the area sat up in their chairs. Their interest was piqued, firstly, because Gold Hill is four miles from Phelps Dodge’s Copper Queen/Lavender Pit Mine, which produced in excess of 75 million tonnes of copper, silver and gold ore between 1954 and 1974.

Linux Gold Corp. (OTCBB:LNXGF) has stepped up to the plate as it further expands its presence in Alaska’s historic gold camps.

Yale Resources (TSX.V: YLL) has received further indication from its past producing La Verde Grade mine that a high-grade, potentially multi-million tonne resource may remain in and around the historic workings on the company’s 100% owned property.

With the ink barely dry on its latest African acquisition, PMI Gold Corp. (TSX.V: PMV) is now looking for the big money that will get its gold properties into production.

ValGold Resources’ (TSX.V:VAL) latest news suggests that management has hooked a big one with its newest acquisition in Guyana.

Although Goldcliff has thus far focused on reporting drilling results from a few high-grade zones on the property, according to Sanders, Panorama Ridge in fact has substantial bulk tonnage, open pit potential. In addition to the high-grade gold that Goldcliff is drilling, Sanders explains that in today’s gold market the low-grade material at Panorama is becoming economic, and in turn substantially increasing the potential size of the Panorama resource.

Some ten-plus months of exploration work, negotiations and due diligence came to successful conclusion on Tuesday, Nov. 6 as ValGold Resources (TSX:VAL) announced that it had closed on its Honnold Corp. acquisition.