Due to holidays this Monday (President's Day in the US and Family Day in Canada) news from drilling programs was relatively slow last week. Nonetheless, we saw some quite significant drill results including 8.46 grams per ton of gold over 31.1. meters from Victoria Resource's Cove-McCoy project and 0.8 grams per ton of gold over 290.0 meters from Linear Gold's and Kinross Gold's joint-venture Ixhuatán project.

Midland Exploration Inc. (TSX-V: MD) has begun a new 8-hole, 3,000-meter drill program on its 100%-owned Maritime Cadillac property. Maritime Cadillac is operated by Agnico-Eagle Mines Ltd. (TSX: AEM, NYSE: AEM), which has an option to earn up to a 65% interest in the property. The Maritime Cadillac property is contiguous to Agnico-Eagle's Lapa gold mine property, which contains 1.15 million ounces of gold in proven and probable reserves and is expected to go into production in early 2009. The new drill program will test extensions of known gold deposits including the Zulapa deposit, which produced 346,000 tonnes of 4.3 g/t Au from 1938 to 1943, and the Maritime Cadillac deposit, which has a historic intersection of 17.7 g/t Au over 7.70m.

Colibri Resource Corp. (TSX-V: CBI) has begun a new drill program on its 6,564 hectare Colibri project near Caborca, Sonora, Mexico. The program calls for a minimum of 2,000 meters of reverse circulation drilling. Exploratory drilling will focus on historical underground mine workings and targets identified by an induced polarization geophysical survey. Previous drilling of these targets during 1994, 1998, 2005 and 2007 yielded gold mineralization including 4.2m averaging 1.837 g/t Au in hole CDH-2. The company holds an option agreement to acquire 100% ownership in the Colibri claim. Colibri also continues to drill at the company's 3,400 hectare Leon claim with a diamond core rig and has completed13 holes to date. Results of the first two holes have been reported, including 1.223 g/t Au with strong copper values over 1 meter in hole LEDH-2. Colibri is waiting assay results for subsequent holes.

Millrock Resources Inc. (TSX-V: MRO, Pink Sheets: MLRKF) and partner Alix Resources Corp. (TSX-V: AIX) announced plans for the 2008 exploration program at the Divide project, near Nome, Alaska. Millrock will operate the exploration program that is expected to cost approximately C$1.5 million, with costs borne equally by the partners. The program will consist of 1,800 meters of core drilling and 3,600 meters of reverse circulation drilling as well as trenching and channel sampling, mapping, and ground magnetic and electromagnetic surveys. The initial target area will be the Stoneman prospect. Previous trench sampling in the area returned values of 16.21 g/t Au over 16.76m. Millrock can earn a 50% interest in the project from Alix.

Paragon Minerals Corp. (TSX-V: PGR) and partner Sprott Resource Corp. (TSX: SCP) commenced a 2,750 meter drill program on the JBP Linear property and Appleton Linear property in central Newfoundland. On the JBP Linear property, Sprott will fund a drill program aimed at testing gold targets which has previously yielded drill intercepts included 11.70 g/t Au over 3.40m, 8.73 g/t Au over 2.10m, and 9.79 g/t Au over 1.15m. Prospecting on the property has also yielded grab samples of 252.0 g/t Au. On the Appleton Linear property, drilling will focus on testing areas where historical drilling intersected high-grade, gold-bearing quartz vein systems with significant gold intercepts of 27.25 g/t Au over 1.1m, 18.62 g/t Au over 8.60m, 21.25 g/t Au over 2.70m and 16.3 g/t Au over 2.3m. The JBP-Appleton Linear Project is being explored under the terms of an option agreement between Paragon and Sprott, whereby Sprott can earn a 55% interest in the project by spending $2.375 million over four years. The agreement also gives Sprott the right, subject to certain conditions, to increase its interest to 70% by completing a feasibility study and providing a positive production decision.

Roxmark Mines Ltd. (TSX-V: RMK) announced that a drill rig has been mobilized to commence a 6,200 meter diamond drill program on the company's Northern Empire Mine property in the Beardmore Camp near Thunder Bay. The Northern Empire Mine has produced approximately 149,000 ounces of gold from 426,000 tons of ore at a recovered grade of 0.35 oz/t (9.922 g/t) Au. The mine hosts an on-site 200 tons per day mill, which was built in 1982 and upgraded and permitted by Roxmark. Roxmark's objective is to recommence gold production at the Northern Empire Mine after a success drill program this year.

Fortune River Resource Corp. (TSX-V: FRX) announced today that the U.S. Forest Service has approved a permit and bond for 14 drill sites at the 680 hectare East Manhattan gold/silver project, which is located in Nevada's Nye County at the eastern edge of the Manhattan Mining district. Estimated historic production from the district is approximately one million ounces of gold. A reverse-circulation rig has been contracted for a 1,800 meter drill program which is scheduled to begin in late March or early April. Strongly anomalous gold occurs in a set of at least 10 veins with dimensions of approximately 1,825 meters by 460 meters. Individual veins can be traced on the surface for more than 1,350 meters. The company collected 198 samples of vein, dump, and wallrock material, 34 (17%) of which contain more than 3 g/t Au, with a high value of 30.1 g/t Au. Only twelve of the samples contain less than the detection limit of .005 g/t Au, and the other 152 samples contain as much as 2.94 g/t Au.

Greystar Resources Ltd. (TSX: GSL) has begun a 40,000 meter diamond drill program designed to infill areas of higher-grade mineralization at its multi-million ounce Angostura gold-silver resource in northeastern Colombia. The company said the program is expected to be complete in the third quarter of 2008. Values from the infill drilling program in late 2007 confirm the continuity of higher grades, with one hole returning 13.87 g/t Au over 5.25 meters and 17.24 g/t Au over 5.4 meters. Greystar said about two thirds of the 2008 drill program will be dedicated to improving definition of the higher-grade intervals.

Linear Gold Corp. (TSX: LRR) and Kinross Gold Corp. (NYSE: KGC, TSX: K)
Ixhuatán project, Mexico

US Gold Corp. (AMEX: UXG, TSX: UXG)
Magistral mine, Mexico

Canplats Resources Corp. (TSX-V: CPQ, Pink Sheets: CPQRF)
Camino Rojo, Mexico

Victoria Resource Corp. (TSX-V: VIT)
Cove-McCoy project, United States

Crescent Gold Ltd. (TSX: CRA, ASX: CRE)
Laverton Gold project, Australia

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