Coin News

Appearing as the third proof issue from the Perth Mint of Australia in its internationally acclaimed Australian Koala Gold Coin Series is the 2010 Koala Gold Proof Coin. Koalas have long appeared as an iconic symbol for Australia along with their other famous marsupial, the kangaroo. Together, the creatures have graced strikes of the Perth [...]

On Wednesday, Gold slipped lower in Europe, caught up in selling of stocks and other commodities after a report showed U.S. private sector employers added fewer jobs than expected in June. The press release is quoted as saying: Spot gold was bid at $1,236.82 an ounce at 1322 GMT, against $1,238.00 late in New York [...]

U.S. gold prices finished higher Wednesday, capping their seventh straight quarterly increase and marking their best quarterly performance at 12 percent since the third quarter of 2007. Silver followed gold, rising 6.7 percent in the second quarter to string together a streak of six consecutive quarterly wins. Other metals fell during the prior three months, [...]

Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCBB:RPMGF) has filed a National Instrument 43-101 compliant Technical Report supporting the mineral resource estimate at the Lincoln Hill Project in Nevada (see the Company’s news release dated May 18, 2010). The press release is quoted as saying: Using US$900 per ounce for gold and US$18 per ounce for silver, [...]

Grizzly Discoveries Inc. (TSX VENTURE:GZD)(FRANKFURT:G6H) has signed a contract with Lone Peak Drilling to commence diamond drilling on the Greenwood Gold Project, South-Central British Columbia. The press release is quoted as saying: Grizzly received its Mines Act exploration permit for drilling at Copper Mountain from the British Columbia Ministry of Energy, Mines and Petroleum Resources [...]

Nuinsco Resources Limited (TSX:NWI) announced that diamond drilling at its Olympian Gold Project near Kenora, Ontario will start in early July. The press release is quoted as saying: The drilling is the next step in the aggressive program that has included geophysical surveys and extensive trenching, stripping and channel sampling which has returned grades up [...]

Calibre Mining Corp. (TSX VENTURE:CXB) announced additional high grade gold and silver assay results from its continuing drill program on both the Riscos de Oro and La Luna epithermal gold-silver projects within the 100% owned Borosi Concessions in northeast Nicaragua. The press release is quoted as saying: Highlights of the drilling include 11.05 g/t gold [...]

Kitco.com reported on Gold, Silver and Austerity Versus Growth: Gold and silver have alerted us to this, with gold prices marching steadily forward for the last decade. So beware the words of the short term thinkers, the bubble heads, the precious metals bears, etc, and let the major trends be your guiding hand. Click here [...]

Skyline Gold Corporation (TSX VENTURE:SK) announced that, subject to final approval by the TSX-Venture Exchange and completion of a payment schedule, it is entitled to acquire 100% ownership of 6 mineral tenures comprising 2,250 hectares in the vicinity of Bronson Slope from Newcastle Minerals Ltd. The press release is quoted as saying: Prior exploration on [...]

Troy Resources NL (TSX:TRY)(ASX:TRY) announced that recent surface exploration has identified a new outcropping vein, known as Casposo Norte, located about 4km north of the mill at the Casposo Project in San Juan Province, Argentina. The press release is quoted as saying: Troy’s geologists undertook a program to reprocess and re-interpret the existing airborne magnetics [...]