GOLD - International Tower Hill Mines Ltd. July 23 released the latest assay results from two trenches and an additional 14 holes of the 2008 resource expansion program at its Livengood gold project in Alaska. Results include hole MK-RC-011, which intersected 140 meters of 1.0 grams per ton gold; including 4.6 meters of 5.9 g/t gold, and hole MK-RC-023, which intersected multiple horizons of gold mineralization; including 67 meters of 0.95 g/t gold and 57.9 meters of 2.5 g/t gold. The results continue to expand the northwest-trending 300-meter-by 500-meter core zone of the Livengood deposit, which remains open in all directions. Higher grade mineralization has been intersected at either end along strike length and the company is currently focusing on expanding the zone with step-out drilling to the northwest and southeast. An updated NI 43-101 resource estimate is expected to be prepared midway through the 2008 program and released in mid-October.

GOLD - Linux Gold Corp. July 22 announced it has completed a private placement of common stock and warrants raising gross proceeds of $608,250. The company issued 4.055 million units at $0.15 per unit, consisting of one share of restricted common stock of Linux Gold Corp. and one warrant. Each warrant will enable the investor to purchase one additional share at an exercise price of $0.20 per share for a period of one year from the date of closing. Funds raised are for exploration, accounts payable and working capital. Its current plans are to joint venture and explore its gold properties in Alaska. Linux owns 284 State of Alaska mining claims at several locations near Granite Mountain on the Seward Peninsula of Alaska. Linux also owns a 50 percent interest in the Fish Creek prospect near Fairbanks, Alaska. Linux has also staked mineral exploration claims covering 6,400 acres in the Livengood-Tolovana Mining District north of Fairbanks.

GOLD - Redcorp Ventures Ltd and its wholly-owned subsidiary, Redfern Resources Ltd July 21 announced the appointment of Mr. Peter Nelega to the position of mill superintendent for the developing Tulsequah Chief Mine. Nelega has more than 25 years experience in mineral processing. Most recently, he managed the concentrator at Minto Mine and was also responsible for site services, concentrate shipments and the review of expansion proposals. Prior to this, Nelega was mill superintendent at the Eskay Creek Mine. His experience at Eskay included the construction of the mine concentrator in 1997 and responsibility for environmental management during the last year of operation. Once in operation, Nelega will be responsible for metallurgy, maintenance, cost tracking, and the continuing optimization of the plant. He will assume his duties commencing September 15, 2008.

COAL - Usibelli Coal Mine Inc. July 23 announced the appointment of Alan Renshaw as vice president engineering. Renshaw, a 1989 mining engineering graduate of University of Alaska Fairbanks, has worked at Usibelli Coal Mine since 1990, and has served as Chief of Engineering since 2001. Renshaw manages a wide variety of technical disciplines including design, analysis, permitting, and conduct of economical, efficient, and safe mining operations. He supervises seven engineers in the department to apply scientific, physical, mechanical, and mathematical principles to design processes to improve productivity. Renshaw is also the supervisor for all permitting, regulatory compliance, and laboratory personnel at the mine. He has held a variety of positions including production engineer, exploration, foreman, permitting and regulatory compliance, and chief engineer for mining operations.

COPPER - Pebble Partnership July 21 announced that Ken Taylor, current Deputy Commissioner of the Alaska Department of Fish and Game, will be Pebble's vice president, environment starting August 1. Taylor served as Deputy Commissioner of ADF&G since February 2007, and he also served as director of the agency's Habitat and Restoration Division (1999 - 2001) and Deputy Director of its Wildlife Conservation Division (1995 - 1999). Over the course of a 30-plus-year career, he has provided regulatory oversight to the oil and gas, mining and timber industries throughout Alaska, and played leadership roles with federal and state agencies engaged in permitting major resource development projects. Taylor also spent ten years as an area biologist in the Bristol Bay region of Southwest Alaska, acquiring extensive knowledge of the fish and wildlife populations in the Pebble area, as well as the natural systems that sustain them.