Recent High-Grade Gold Discoveries

August 17, 2009

Our first recent high-grade discovery is none short of exceptional and gives us yet another reason to love Northern Abitibi Mining (NOMNF). Today the company reported on assay results at its Viking project in Newfoundland which continues to uncover high-grade gold between 1.9 and 136 grams per ton (g/t) of gold. Stay tuned, because the company expects to release further results in 2 weeks.

You might be surprised to hear from whence our next gold discovery comes--Armenia. Lydian International's (LYDIF) drilling program recently uncovered between 1 and 10.2 g/t gold at its Amulsar project.

Closer to home, Cartier Resources (ECRFF) announced promising results from sampling at its Rambull project in western Quebec last week. Results from three trenches, each 100 m apart, ranged from 1.27 and 27.3 g/t gold.

The California gold rush lives on with Galway's (GWYRF) recent discovery of high grade gold at three different properties. At El Dorado, samples averaged 9.6 g/t gold per ton including 86.03 g/t over 2 meters. At Machuca, the average was 3.85 g/t including 34.92 g/t over 2 meters. At the historic Pie de Gallo mine, 2.84 g/t per ton average including 14.2 g/t over 2 meters.

It doesn't take drilling to find high-grade gold. A recent sampling of tailing piles at Lake Victoria Mining's (LVCA) measured an average of 3.03 grams of gold per ton at its Singida mine in Tanzania. Measuring tailing piles is not only a good way to find more gold, but provides a good assessment of the contents of the ore on location.

Focus Minerals' diamond drilling returned excellent high grade gold finds between 11.62 - 33.03 grams of gold per ton at Tindals Mining Center, Coolgardie Gold Project in Western Australia. Although unavailable for trading in the US, those with access to the Germany stock exchanges can get in on the action.

Niogold Mining Corporation (NOXGF) drilled as much as 43.67 gold at Alexandria Minerals' (ALXDF) optioned Siscoe East Property in Western Quebec. Other holes returned between 1.53 and 1.71 grams per ton.





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