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Teryl Resources Turns Drills to Historic Gold Hill

When Teryl Resources Corporation (TSXV: TRC, Pink Sheets: TRYLF) became interested in the Gold Hill Prospect near Bisbee, AZ, they were following a pretty strong lead – Historic Gold Hill, at a 5491-foot elevation, looks out for miles over the Warren mining district, a famously ore-rich region of the Southwest.

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Linux Gold Corp (OTCBB:LNXGF) New Ester Lode Project

The reason for the excitement at Linux Gold is apparent. The Ester Lode property is in the middle of the Fairbanks Gold District, one of the more prolific gold areas in North America. Over 10 million ounces of gold have been recovered from placer mining alone since 1902.

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Kootenay Gold Awaits Results on a New Treasure of the Sierra Madre at Promontorio

Kootenay Gold’s management and shareholders await Phase I drilling results on the company’s Promontorio Silver Project in Sonora State, Mexico.

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Golden Reign Resources Discovers Potential New Gold Zone in Russian River Bed

The vice-president of exploration for Golden Reign Resources Ltd. (TSX-V: GRR) was returning from a field visit to the company’s properties. At the Dorozhni property, which covers 8.8 square km, gold mineralization is thought to be the source of 150,000 ounces of historically mined placer gold.

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Ascendant Copper Holding Steady on Ecuadorian Nest Egg: Part 2

The social responsibility and environmental impact of miners and mining are the populist themes of the day in Ecuador as the Correa administration and newly elected members of a National Constituent Assembly begin what is likely to be a long and drawn out effort to rewrite the country’s constitution and mining legislation.

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Grenville Gold Digs into its Geological Cake at Silveria

It looks as if Grenville Gold (TSX.V:GVG) has all the ingredients needed for success at its Silveria project in Peru. The company recently released a 43-101 report on Silveria which outlines its exploration and development plan for a potential silver-zinc-lead-copper resource. In addition to its three Peruvian properties, the company has a property in Ecuador which has a history of artisanal gold mining.

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Gold zooms past 28-year high, trades at USD 767 in Europe

Gold prices zoomed past the 28-year high record at 767.05 dollar per troy ounce in European markets on brisk buying by funds propelled by surging crude prices and weakening dollar, raising appeal of precious metal as a safe haven for investors.

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Kootenay Gold Keeps the Drills Turning

This year, the summer doldrums in the resource sector were anything but dull for the boys at Kootenay Gold (TSXV: KTN). With drills turning at Jumping Josephine (BC), Promontorio (Mexico) and Connor Creek (BC), autumn is proving to be a harvest season of results and new announcements by the company and its various JV partners.

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Tribune Uranium Seeking Value in Spin Offs, New Properties

As signs of a split corporate personality start to appear, Tribune Uranium Corp. (TSX.V: TCB) is looking to cure the condition by spinning off its non-core assets, including giving shareholders an unanticipated dividend.

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Two New Properties in Premier Russian Gold Region Make Golden Reign a Great Deal

To look at Golden Reign’s (TSXV: GRR) stock chart, the company looks like either a bargain or a wash out: It was trading at $0.40 at the end of 2006. Since that time, shares in GRR have taken a hammering down to $0.15 per share. To me, this usually indicates a company mismanaged, but occasionally it indicates something much juicier – an overlooked, value-priced junior.

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Bayfield Ventures (TSXV: BYV) Upbeat on Rainy River Project

A major gold discovery zone brought Rainy River to the forefront of the junior exploration scene last January, which raised the company stock price from $2.87 to $4.85 in less than a week.

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Kootenay Gold Employs Sound Strategy to Maximize Mineral, Minimize Dirt

Kootenay Gold (TSX.V:KTN) is a company with a sound strategy for dirt, explosives and gold. Notice how the company describes its approach: To create generative exploration discoveries, establish junior venture partnerships and acquire advanced stage projects.

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