Newmac Resources (TSX.V:NER) Crazy Fox project 100 km north of Kamloops in British Columbia’s Chilcotin region is turning in some good grades across long intersections. With two drills operating continuously, there will be many more to come throughout the 2008 exploration season.

By Eric Pratt

Goldcliff Resources (TSX.V:GCN) assayed a trenching sample from its 100% owned Panorama Ridge project that returned a value of over 15 ounces per tonne of gold. The bonanza grade sample was assayed twice to confirm the result, which has validated the company’s theory that there would be high grade zones encountered throughout broadly disseminated lower grade host rock.

By Darryl Kelley

In what is quickly becoming a habit with Bard Ventures (TSX.V:CBS), another great intercept from the drilling ongoing at the Lone Pine Molybdenum Project has returned 0.06% Molybdenum over 284 meters.

By D. J. Hadfield

Certainly, one of the most daunting challenges an investor faces is putting on the thinking cap and calculating the value of a mining or junior exploration company share. There are countless ways of valuing and comparing companies, and tens, if not hundreds of variables to consider when making your final investment decision.

The first results from this year’s exploration are telling Goldcliff Resource Corporation (TSX.V: GCN) that the historical Hedley gold district still has plenty of life left in it.

Yale’s program for 2007 has now defined skarn mineralization over a strike length of 250 meters - more than doubling the length upon which previous ore estimates were based - and their work has shown that mineralization is open in all directions.

Shakespeare said that “every man has business and desire, such as it is.” For Bard Ventures (TSX.V: CBS), that business and desire is to find BC’s next molybdenum mine as it completes the latest phase of a 10,000 meter diamond drill program on its Lone Pine Property in the northern part of the province. As per the company’s most recent press release, drilling is underway with four holes already drilled. So far, all holes have encountered visual molybdenum mineralization.

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.

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.

Goldcliff Resources is making solid progress on exploration programs this year, and the company’s recent activity underscores that fact.

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.

Falling moly production and Chinese exports limits could lead to record molybdenum price in 2007.