Astral Mining on Oct. 18 released a report on the ongoing Phase II drilling program at its Jumping Josephine gold prospect in southern British Columbia. Astral’s on-site geotechnical team has sampled JJ Main Zone quartz stockwork over more than 540 meters of strike and down to a maximum depth of 152 m, diamond drilling a total length of some 3,333 m. Management expects that a minimum 12 more holes will be drilled during the Phase II program before calling it quits for the season.

Atomic Minerals (TSX.V ATL) is applying some old real estate wisdom to its newest uranium acquisition in Tanzania: location, location, location – as well as a room with a view. This thinking nets the company over one million acres of prime ground in an area known for hosting sizeable uranium deposits.

Grenville is progressing toward its eventual goal of production on Silveria. A partner providing a mill will be an important next step to secure cash flow from the project, however, even more important for the Grenville team at this point is to determine the value of the mineralized rock they send through the mill.

PMI Gold (TSX.V:PMV) has closed its deal with Nevsun Resources (Barbados) to acquire the Kubi Gold project in Ghana’s Ashanti Gold Belt. This latest acquisition rounds out the company’s existing portfolio to four past-producing Ghanaian gold properties, giving PMI control of a total 698 sq km in the Golden Triangle.

Investors looking for Alberta energy stocks would do well to notice Pennant Energy Inc. [TSXV: PEN] a promising oil and gas firm that trades on the TSX Venture Exchange. This company enjoys good cash flow from 15- 45 % interest in eight oil wells in Manitoba’s Daly Field, producing medium grade crude from the Lodgepole and Bakken formations.

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

When ValGold’s team of more than thirty exploration experts first hit the field in northern Venezuela a year ago, the company planned to prove up a reasonable sized resource just north of Crystallex’s Tomi Mine. Assay results from 2007, coupled with historical drill results from previous property owners, now suggest that ValGold has completed the first big step in achieving that goal.

Teryl Resources (TSX.V:TRC) is set to take flight as it moves into the next stage of an ambitious drilling program on its Gold Hill property near Bisbee, Arizona. The company has just signed a drilling contract for the project, with work to commence as soon as a drill becomes available.

It’s an apt scenario for Kootenay Gold’s (TSX.V:KTN) management and shareholders, as they await Phase I drilling results on the company’s Promontorio Silver Project in Sonora State, Mexico.

Universal Power Corp. (TSX.V: UNX, FSE:3U2A) is beginning to catch fire in the minds of investors as it picks up speed with its latest acquisition in Tanzania’s Karoo super group – and prepares to release its 43-101 and the outline for the property’s drill program.

A brand new entry in the global uranium exploration ring, Universal Power Corp. (TSX.V:UNX) began trading under its new name and symbol on October 2nd of this year. Universal’s unique mix of Uranium, Silver and Iron Oxide Copper Gold (“IOCG”) prospects gives investors a unique blend of exposure to upside across various in-demand commodities

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.