July 29

IAMGOLD Releases Quimsacocha Pre-Feasibility Study

IAMGOLD Corporation (\"IAMGOLD\" or \"the Company\") (TSX:IMG)(NYSE:IAG)(BOTSWANA:IAMGOLD) is pleased to announce results of the Pre-Feasibility Study (the \"Study\") of its 100% owned Quimsacocha Gold Project located in Ecuador. The Study was compiled by IAMGOLD Project Development Group, with the collaboration of Golder Associates, SNC Lavalin, Lakefield Research, Promas, Water Management Consultants, J. Kaehne Associates and Caminosca.

Joseph Conway, President and CEO of IAMGOLD said, \"Results of the Study are highly encouraging and Quimsacocha continues to demonstrate that it is a very solid project for us. We have been working in Ecuador for the past twelve years developing community programs and building positive government relations. We will continue to partner with all stakeholders to create new economic and social benefits for the people of Ecuador within a responsible mining framework.\"
Read more: IAMGOLD Corporation ( IMG )
July 29

Fronteer Hits More High-Grade Gold at Nevada Property

Fronteer Development Group Inc. (\"Fronteer\" or the \"Company\") (TSX: FRG)(AMEX: FRG) is pleased to announce that recent drilling has extended the length and width of gold mineralization at Long Canyon, further enhancing this property.

Results from 18 reverse-circulation (RC) holes include grades as high as 17.63 grams per tonne gold (0.515 ounces per ton) over 4.6 m (15 feet), as intersected in hole LC87. The results are the first from Long Canyon\'s 2008 work program, which commenced in May.

Other highlights include:

- 10.21 g/t (0.298 oz/ton) over 9.1 m (30 feet), within a broader zone returning 3.31 g/t (0.097 oz/ton) over 36.6 m (120 feet) in hole LC86;

- 12.59 g/t (0.368 oz/ton) over 4.6 m (15 feet), within a broader zone returning 4.59 g/t (0.134 oz/ton) over 38.1 m (125 feet) in hole LC85; and,

- 14.13 g/t (0.413 oz/ton) over 3.0 m (10 feet), within a broader zone returning 4.53 g/t (0.132 oz/ton) over 10.7 m (35 feet) in hole LC84.
Read more: Fronteer Development Group Inc ( FRG )
July 29

Golden Predator Reports High Grade Intercept of 4.6 m Grading 41.8 Grams per Tonne (15 ft of 1.22 oz/t) Gold at Adelaide Project

Golden Predator Mines Inc. (TSX:GP) is pleased to announce that the Adelaide Project, located in Southeastern Humboldt County, Nevada, continues to provide high grade intercepts. Assays have now been received for drill holes GPA014 through GPA022. Drilling to this point covers just over 3,000 feet of strike length along the auriferous quartz vein system. Assay highlights include: 41.8 gm/t gold over 4.6 m (1.22 oz/t over 15 ft) located within 26.8 gm/t over 7.6 m (0.78 oz/t over 25 ft) interval from drill hole GPA019, and 10.5 gm/t over 1.5 m (0.31 oz/t over 5 ft) in hole GPA015. Assay intervals are drilled thickness from 5 feet assay intervals.

The location and history of the Adelaide property is summarized in Golden Predator\'s July 24 press release, announcing results of the first nine holes of the program, including GPA004 which contained 11.2 gm/t over 1.3 m (0.325 oz/t over 4.4 feet ) and 1.8 gm/t over 2.7 m (0.052 oz/t over 8.8 feet). GPA019 is located 400 feet West and 80 ft North of drill hole GPA004. Both drillholes test the Margarite vein system at Adelaide. High grade intercepts in drill hole GPA019 are 400 feet down-dip of GPA004 along a north-south trending auriferous quartz vein that dips approximately 70 degrees to the West. GPA019 confirms potential for increasing grade with depth as targeted in this program.
Read more: Golden Predator Mines Inc ( GP )
July 29

Exeter Resource Corporation: Drilling Locates Major Extensions to Escondida Vein With Bonanza Gold-Silver Grades at Cerro Moro, Argentina

Exeter Resource Corporation (CDNX:XRC.V - News)(XRA - News)(Frankfurt:EXB.F - News) (\"Exeter\" or the \"Company\") reports that diamond drilling has returned 3.55 metres (11.6 feet) at a grade of 471.9 grams per tonne gold (13.68 ounces per ton) 400 metres (1,312 feet) southeast of the previously known high grade mineralization on the Escondida vein system. This is the highest grade drill intersection returned to date at Cerro Moro in Santa Cruz Province, Argentina and opens an additional potential 2.3 kilometre (1.4 miles) southern extension to the high grade mineralized Escondida Vein which had previously been traced over a distance of two kilometres (1.2 miles).

Silver assays for this new drill hole, MD373, are awaited but visual logging suggests that the silver grade will be similarly high.
Read more: Exeter Resource Corporation ( XRC )
July 29

American Express and Concur Enter into Exclusive Alliance to Offer Corporate Clients T&E Expense Management Services

American Express Takes a 13% Equity Stake in Concur

American Express Company (NYSE: AXP - News) and Concur Technologies, Inc. (Nasdaq: CNQR - News), a leading provider of on-demand T&E expense management services, today announced that they have entered into an alliance involving both an exclusive marketing partnership and a strategic investment by American Express in Concur.

Through the marketing alliance, Concur will exclusively promote American Express’s Corporate Cards to its clients and American Express’s Global Commercial Card business will exclusively promote Concur® Expense to its corporate clients. Concur Expense is a market leading on-demand service that streamlines and simplifies T&E expense management. With over 7,000 clients, Concur provides services that address all phases of corporate T&E expense management, enabling companies of all sizes to manage the entire process.
Read more: Concur Technologies Inc ( CNQR )