Aug 31

Pan American Goldfields Ltd. – Gold Exploration in the Sierra Madre

Gold Price Comments Off on Pan American Goldfields Ltd. – Gold Exploration in the Sierra Madre

Pan American Goldfields Ltd. (OTCBB:MXOM ; FSE:OY1A) is an exploration company focused on developing properties in major gold belts in central and south America.

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Aug 31

Argentex Mining Corporation: Kasia Vein Returns 19.00 Meters of 1.72 g/t Au and 74.2 g/t Ag at Pinguino

Gold Price Comments Off on Argentex Mining Corporation: Kasia Vein Returns 19.00 Meters of 1.72 g/t Au and 74.2 g/t Ag at Pinguino

Argentex Mining Corporation (CVE:ATX,OTC:AGXMF) announced results of drilling for gold and silver at the Pinguino project.

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Aug 31

Gold Miners Gear Up for Dealmaking

Gold Price Comments Off on Gold Miners Gear Up for Dealmaking

Forbes reported that gold miners are becoming more active in mergers and acquisitions.

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Aug 31

Sabina Gold & Silver Reports More Positive Results at Umwelt on the Back River Gold Project, Nunavut

Gold Price Comments Off on Sabina Gold & Silver Reports More Positive Results at Umwelt on the Back River Gold Project, Nunavut

Sabina Gold & Silver Corp. (TSE:SBB) announced assay results from the Umwelt deposit in Nunavut.

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Aug 31

Colombia Increases Its Gold Reserves by 2.3 Tons in July, IMF Data Show

Gold Price Comments Off on Colombia Increases Its Gold Reserves by 2.3 Tons in July, IMF Data Show

Bloomberg reported that Colombia’s central bank added to its gold reserves last month.

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Aug 31

Gold’s Advance Caps Biggest Monthly Gain Since 2009 on Bet Fed Will Act

Gold Price Comments Off on Gold’s Advance Caps Biggest Monthly Gain Since 2009 on Bet Fed Will Act

Bloomberg reported that news on economic stimulus caused gold prices to rise.

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Aug 31

Brazil Resources Inc. Welcomes Enzio Garayp to the Board of Directors

Gold Price Comments Off on Brazil Resources Inc. Welcomes Enzio Garayp to the Board of Directors

Brazil Resources Inc. (CVE:BRI) reports that Enzio Garayp was elected to its board of directors by its shareholders at its AGM special meeting held Aug 30th.

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Aug 31

Grizzly Provides Update on Greenwood Gold Project and Prepares to Drill New Targets With Anomalous Gold-In-Soils

Gold Price Comments Off on Grizzly Provides Update on Greenwood Gold Project and Prepares to Drill New Targets With Anomalous Gold-In-Soils

Grizzly Discoveries Inc. (CVE:GZD) reports an update on its 2011 exploration program at its Greenwood gold project, a 225,000 acre contiguous block of mineral claims centered on Greenwood, British Columbia.

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Aug 31

Mountain Lake Arranges Private Placement Financing with Sprott Asset Management

Gold Price Comments Off on Mountain Lake Arranges Private Placement Financing with Sprott Asset Management

Mountain Lake Resources Inc. (CVE:MOA) reports that it has arranged a private placement with Sprott Asset Management LP of 3,100,000 units at $0.65 per Unit to raise $2,015,000 in gross proceeds.

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Aug 31

Pan American Goldfields Production Increase at Cieneguita Silver and Gold Project

Gold Price Comments Off on Pan American Goldfields Production Increase at Cieneguita Silver and Gold Project

Pan American Goldfields Ltd (OTC:MXOM) reports a significant increase in gold and silver production at its Cieneguita, Chihuahua, Mexico, joint venture project.

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