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Gold American Mining Corp. (OTC.BB:SILA) is pleased to report additional positive results from its Guadalupe property, located in the heart of the Fresnillo district, Zacatecas, Mexico.

Fieldwork continues to identify additional veins within the property — as such several veins remain without names. To date nine veins have been mapped within the Guadalupe property. In certain locations the width of sampling was limited by the size of the workings and as such the true width of mineralization remains unknown.

Several previously unknown historic shafts were also identified within the property. It is apparent that these shafts were sunk along strike from other workings as there are often no outcrops in the vicinity of the shafts. In these situations the mineralized dumps near those workings were sampled.

Several exposures/workings that occur immediately off of the property were also sampled. These areas were sampled because the veins are known to continue onto the property, however there are no exposures immediately on the property side of the boundary.

“The fast pace of exploration achieved on the property since we started operations in late April has expanded considerably our knowledge of the property and reaffirmed our intentions to drill its main objectives,” said Johannes Petersen, President of Gold American. “We are very excited with our findings to date. As soon as we receive the final report and maps of the recently completed geophysics campaign we will be able to finalize the design of the drilling program and initiate the permitting process with a view at commencing drilling before the end of the year,” added Mr. Petersen.

GOLDCORP INC. (NYSE:GG) is pleased to declare its eighth monthly dividend payment for 2010 of $0.015 per share. Shareholders of record at the close of business on Thursday, August 19, 2010 will be entitled to receive payment of this dividend on Friday, August 27, 2010. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

Pursuant to tax legislation enacted in 2007, Canadian resident individuals who receive “eligible dividends” in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. All dividends paid in 2006 and subsequent years by Goldcorp Inc. are “eligible dividends” for this purpose.

Goldcorp is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

Eldorado Gold Corporation (NYSE:EGO), is pleased to provide an update on the mineral resources and reserves for the Kisladag Mine, in Turkey. The update is based on the drilling performed to date during 2010. An additional 9,000-meter diamond drilling program has been approved which will target the still-open western extent of mineralization as well as inferred resources lying below the current US$950 pit bottom. The results from this additional program will be included in the 2010 year end mineral resource and reserve estimate.

In addition to the diamond drilling program scheduled for the remainder of the year, Eldorado has embarked on a metallurgical testing program designed to confirm recovery levels from various ore types and have also initiated a mining equipment study to determine the optimal truck and shovel sizes to reflect the resource increase realized subsequent to the feasibility study and equipment selection. Preliminary results support that a move to larger loading and hauling equipment with the attendant reduction in operating costs, will significantly improve the performance of the Kisladag mine through accessing more of the 11.1 million ounces of measured and indicated resources presently defined.

Eldorado is a gold producing, exploration and development company actively growing businesses in Brazil, China, Greece, Turkey and surrounding regions. Eldorado remains one of the lowest cost pure gold producers. With our international expertise in mining, finance and project development, together with highly skilled and dedicated staff, we believe that Eldorado is well positioned to grow in value as we create and pursue new opportunities.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings, Inc. (CRWE.OB) has received twenty-five thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

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Gold American Mining Corp. (OTC.BB:SILA) has signed an option agreement to acquire a 100% interest in the high-grade silver-gold La Escondida Project located in Sonora State, Mexico.

The La Escondida property is comprised of two mineral concessions that cover 439.8 acres approximately 124 miles northeast of the city of Hermosillo in Sonora State, Mexico. The surrounding region has seen significant recent activity by foreign mining companies. Nineteen miles to the northeast of the property is NYSE-listed Yamana Gold Inc.’s Mercedes project, a development stage gold-silver project expected to start production at a rate of approximately 120,000 gold equivalent ounces per year from 2012. Eighteen miles to the north of Gold American’s La Escondida project is the Oroco Resources Corp.’s Cerro Prieto project, which recently reported 383,833 ounces gold and over 6 million ounces of silver reserves.

The La Escondida property is host to two distinct mineralized targets associated with a fault: a bulk tonnage-style gold-silver-lead disseminated area and a high-grade epithermal vein-hosted silver and gold area.

The high-grade vein-hosted silver and gold target consists of two veins. One vein is exposed over an area at least 800 meters long and is reported to be 3-5 meters wide. The second vein is exposed over an area at least 500 meters long and is reported to be 1-2 meters wide. The disseminated zone is found between these two veins, approximately 100 meters wide. These zones are open both along strike and at depth.

“The La Escondida project is a valuable addition to our growing project portfolio,” commented Johannes Petersen, President of Gold American. “It has an exciting potential to host a gold-silver deposit and the property’s infrastructure is excellent. A sampling program carried out at the end of 2009 showed that the property contains multiple targets with high-grade silver grades and good values of gold and lead. Several of the target zones remain open in at least one direction, and it has been determined that historic workings reached only the 30 meters depth level. These findings are significant in that there is the potential, with additional exploratory work, to show mineralization over much greater strike lengths and depths,” added Mr. Petersen.

YAMANA GOLD INC. (NYSE:AUY) has further increased its dividend. All dollar amounts are expressed in United States dollars unless otherwise specified.

The Board of Directors has approved an increase in Yamana’s dividend to an annualized $0.08 per share, or $0.02 per share per quarter. This represents a 100 percent increase over the 2009 annualized dividend of $0.04 per share, or $0.01 per share per quarter and a 33 percent increase over the annualized dividend increase to $0.06 per share, or $0.015 per share per quarter announced last quarter.

The dividend increase will be in effect for the third quarter dividend, payable on Thursday, October 14, 2010, to holders of record at the close of business on Thursday, September 30, 2010. The dividend is an “eligible dividend” for Canadian tax purposes.

Yamana is committed to delivering value to shareholders including cash value by means of dividends and it will continue to periodically evaluate the dividend level as its cash flows increase.

Yamana is a Canadian-based gold producer with significant gold production, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico and Colombia. Yamana plans to continue to build on this base through existing operating mine expansions, throughput increases, development of new mines, the advancement of its exploration properties and by targeting other gold consolidation opportunities with a primary focus in the Americas.

GOLDCORP INC. (NYSE:GG) has completed the sale of the San Dimas gold-silver mine in Mexico to Primero Mining Corp.

Pursuant to the terms of the transaction, Goldcorp received an aggregate of 31,151,200 common shares of Primero representing approximately 36% of Primero’s issued and outstanding common shares, $216 million in cash, a $60 million 12-month convertible note bearing an annual interest rate of 3% and a $50 million 5-year promissory note bearing an annual interest rate of 6%.

“The divestiture of San Dimas is consistent with Goldcorp’s ongoing strategy of creating value for shareholders while concentrating our focus on the cornerstone assets that will drive our industry leading production growth and future cash flow,” said Chuck Jeannes, Goldcorp President and Chief Executive Officer. “We look forward to participating in the future success of Primero and San Dimas through our significant ownership interest in the company.”

The underwriters for Primero’s public offering were granted a 30-day over-allotment option expiring on August 19, 2010 to raise additional gross proceeds of up to C$45 million. If this option is exercised in whole or in part, Goldcorp will receive all of the net proceeds from the over-allotment option, such proceeds to be applied against the $60 million convertible note.

Goldcorp does not have any present intention to acquire ownership of, or control over, additional securities of Primero. Goldcorp has the right to maintain its percentage interest in Primero as long as Goldcorp and its affiliates hold at least 10% of the issued and outstanding Primero common shares. It is the intention of Goldcorp to evaluate its investment in Primero on a continuing basis and such holdings may be increased or decreased in the future.

Goldcorp is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) .Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) is a newswire as well as an IR and PR firm. Crown Equity Holdings Inc. (CRWE.OB), in some cases, provides media advertising and public awareness for both public and private companies, as well as disseminating news. As such, in some cases, when Crown Equity Holdings Inc. (CRWE.OB) advertises for a particular client, Crown Equity Holdings Inc. (CRWE.OB) charges an advertising fee which it must disclose under 17B. The fee may be in cash, in free trading stock or in restricted stock. Crown Equity Holdings Inc. (CRWE.OB), if paid in stock, can and may sell those securities during the advertising period. Crown Equity Holdings Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (3) days of advertising for Gold American Mining Corp (SILA.OB)

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Mercer Gold Corporation (MRGP.OB) reports initial results from the Company’s gold exploration program at the Guayabales Gold Project, located in the Marmato Gold District of Colombia. Initial work has potentially identified two new areas of gold mineralization and alteration, similar in style of alteration and structure to the three primary areas of interest identified in earlier work and described in the Company’s previously released technical report. Based on the limited sampling, additional work is necessary to confirm the presence of the two new zones.

Work to date has also included geologic mapping, underground sampling of new advances in tunnels created by local miners, underground sampling of previously unsampled tunnels, and surface sampling of areas of interest related to the ongoing mapping of geology, alteration and structure, and a soil orientation sampling program.

“These results are preliminary and although more work is needed to confirm the presence of the new zones, it begins to show that this property has potential in areas previously unexplored. We have since started a systematic approach to understand the geology across the entire property and I look forward to learning about its true potential in due course,” says Rahim Jivraj, President of Mercer Gold Corp.

Mercer Gold Corporation is focused on gold exploration and resource definition in Colombia. The Company acquired the prospective Guayabales Project, located in the Marmato Gold District, Department of Caldas, earlier in 2010. Mercer is exploring the Guayabales property and is seeking to acquire additional prospective gold properties in Colombia.

Goldcorp (NYSE:GG) is the lowest-cost and fastest growing senior gold producer with operations and development projects situated in low political risk countries throughout the Americas.

A Canadian company headquartered in Vancouver, Canada, Goldcorp employs more than 10,000 people worldwide.

Goldcorp is committed to responsible mining and is well-positioned to deliver sustained, industry leading growth and performance.

Goldcorp Inc. reported increased gold production of 609,500 ounces for the second quarter which combined with higher realized gold prices to drive record operating cash flow of $382.6 million. Reported net earnings attributable to shareholders of Goldcorp in the quarter were $828.3 million compared to a net loss of $231.6 million in the second quarter of 2009. Adjusted net earnings1 were $198.8 million, or $0.27 per share, compared to $99.2 million, or $0.14 per share, in the second quarter of 2009.

Nevsun Resources Ltd. (AMEX:NSU) recently provided a brief update on the Bisha project in Eritrea.

The project continues to be on schedule and on budget. Bisha is advancing well towards plant commissioning phase late this year. After a relatively short commissioning process (60 days) and after reaching commercial production during Q1 2011, the Company expects to produce in excess of 100,000 ounces of gold each quarter at a cost of less than $250 per ounce. With over 95% of procurement completed, project management are comfortable the actual capital cost will be within the budget of approximately $260 million.

With these low operating costs, Bisha is anticipated to have much higher than average industry profitability and cash flow. Estimated Bisha Project cash flow under various metals price assumptions is included in the annual MD&A and posted on the Nevsun web site.

The Company’s cash position at June 30 was approximately US$83 million. This cash, plus the normal contributions by the Eritrean National Mining Corporation is enough to satisfy all construction cash requirements. Q2 financial results will be released on or about August 12, 2010.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations.Crown Equity Holdings, Inc. (CRWE.OB) has received ten thousand dollars in cash from a third party (Stock Group AG) for (1) day of advertising for Mercer Gold Corporation, (MRGP.OB)

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Orofino Gold Corp.(OTC: PK. ORFG) is an International gold company focused on the acquisition, exploration and development of gold properties in Mexico and Colombia. The company has reviewed several bulk minable properties and has signed an option to acquire properties in the Sur de Bolivar Department of Colombia South America

Orofino is a new high growth gold company whose mandate is to acquire, explore and develop to compliant proven reserves major gold targets in historically rich gold bearing jurisdictions of Mexico and Colombia two of the most significant gold producing countries in the world. To this end Orofino has signed an option agreement to acquire several properties in Colombia.

Orofino’s competitive advantages are the close long term relationships to Mexico and Colombia with their numerous high quality low cost gold opportunities. Orofino has a Spanish speaking team with geological leadership with over 30 years in Mexico and 28 years in Colombia. The company has performed due diligence on many prospective properties and has categorized three as good to high priority, high return opportunities for immediate investment. These properties are in areas of known gold reserves, low production costs and multi million ounce potential.

Orofino will open field offices in both Mexico and Colombia to take advantage of the local knowledge and cost effective talent pool.

Goldcorp (NYSE:GG) is the lowest-cost and fastest growing senior gold producer with operations and development projects situated in low political risk countries throughout the Americas.

A Canadian company headquartered in Vancouver, Canada, Goldcorp employs more than 10,000 people worldwide.

Goldcorp is committed to responsible mining and is well-positioned to deliver sustained, industry leading growth and performance.

Goldcorp Inc. reported increased gold production of 609,500 ounces for the second quarter which combined with higher realized gold prices to drive record operating cash flow of $382.6 million. Reported net earnings attributable to shareholders of Goldcorp in the quarter were $828.3 million compared to a net loss of $231.6 million in the second quarter of 2009. Adjusted net earnings1 were $198.8 million, or $0.27 per share, compared to $99.2 million, or $0.14 per share, in the second quarter of 2009.

Midway Gold Corp. (NYSE:MDW) is pleased to report the results of the Preliminary Economic Assessment (“PEA”) for the Company’s 100% owned Pan project located in White Pine County, Nevada. The PEA, prepared by Gustavson Associates, is based on the July 1, 2009 resource estimate for the Pan project. This PEA demonstrates the robust economics and technical favorability of the Pan project. Midway expects that drilling planned in 2010 and 2011 may improve the grade and expand the mineral resource.

Midway Gold Corp. is a precious metals company with a vision to design, build, and operate mines in a manner accountable to all stakeholders while producing an acceptable return to its shareholders. Midway controls over 65 square miles of mineral rights in the western United States, including four advanced exploration projects: Spring Valley, Pan, Golden Eagle, and Midway, as well as two early stage exploration targets: Gold Rock and Burnt Canyon.

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations. Crown Equity Holdings, Inc. (CRWE.OB) has received 500,000 shares of 144 stock in Orofino Gold Corp. (PINK SHEETS: ORFG) valued at sixty five thousand dollars, and 500,000 shares of free trading shares valued at sixty five thousand dollars from a third party (QU CUI You) for 30 days advertising services.

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Gold American Mining Corp. (OTC.BB:SILA) is pleased to provide an update on the Guadalupe property.

“We are very satisfied with the work progress on our properties as we continue to evaluate other interesting exploration properties with a view to add them to our portfolio,” said Johannes Petersen, President of Gold American. “The results to date at our Guadalupe property are in line with what we expected to find. The values at surface, the historical information acquired and the recent identification of the geophysics anomalies, all suggest that the vein systems in the property have the potential to continue to much greater depths. We are confident that we will soon be in a position to start drilling operations in the property to test this concept,” added Mr. Petersen.

Gold American Mining Corp. recently furnished an update on the financing activities of the Company.

As announced in May 11, 2010, the Company entered into a $7.5 million equity financing agreement with a European institutional investment group that specializes in backing precious metals and mining ventures. Gold American Mining is pleased to announce that up to date they have received funds in the amount of $300,000 in virtue of this agreement and that Gold American still has a balance of $7.2 million that they could call upon to fund their exploration and acquisition strategy. During 2010, Gold American has received total equity subscription proceeds of $500,000.

The funding will be utilized by Gold American in its ongoing acquisition strategy and specifically in the further exploration and development of its existing Keeno Strike Property in Nevada, which could potentially contain ~1.1 million ounces of gold and ~69.0 million ounces of silver accessible via open-pit bulk handling methods, and its Guadalupe Property in Mexico, which is located approximately 5 miles north of the world’s richest underground silver mine, operated by the +$10 billion London Stock Exchange-traded company, Fresnillo plc.

GOLDCORP INC. (NYSE: GG) agreed recently to support the proposed transaction whereby Thompson Creek Metals Inc. will acquire all of the outstanding common and preferred shares of Terrane Metals Corp.

Goldcorp controls 58% of the outstanding shares of Terrane through its ownership of 240 million preferred shares and 27.3 million common shares. In conjunction with the Thompson Creek acquisition of Terrane, Goldcorp has agreed to vote its securities in support of the Thompson Creek acquisition. Upon completion of the transaction,

Goldcorp will receive proceeds of C$240.5 million in cash and 13.9 million Thompson Creek common shares representing approximately 8% of the outstanding shares.

“Mt. Milligan is a high quality copper-gold project that is ready to move into construction,” said Chuck Jeannes, President and Chief Executive Officer. “The Terrane team has done a great job advancing the project. Thompson Creek provides the financial strength and management to build and operate the mine, bringing benefits to British Columbia and shareholders of both companies. We look forward to being a significant shareholder of Thompson Creek. Goldcorp will deploy the cash proceeds toward the continued development of its industry-leading suite of core gold projects.”

BMO Capital Markets acted for Goldcorp as financial advisor and Osler, Hoskin & Harcourt LLP as legal advisor.

Goldcorp is North America’s fastest growing senior gold producer. Its low-cost gold production is located in safe jurisdictions in the Americas and remains 100% unhedged.

Songzai International Holding Group, Inc. (OTC.BB:SGZH), a leader in coal production and exploration in the People’s Republic of China previously reported that the Company has entered into an Asset Purchase Agreement to acquire the Erdos City Dongsheng District Liujiaqu Coal Mine located in the Inner Mongolia region of the PRC.

The Liujiaqu Coal Mine is a new mine encompassing about 8.87 square kilometers. Total estimated resources of the mine are approximately 143 million metric tons. The Company anticipates that the acquisition will be consummated with the completion of industrial and commercial registration for the change of ownership within 3 months from the date the seller receives the cash portion of the consideration and that production at the Liujiaqu Coal Mine will begin in the third quarter of 2010. The annual production capacity of the mine is expected to be 1.2 million metric tons in 2011 with continuous growth thereafter. The extracted coal is to be sold on a raw product basis as thermal coal for power generation, cement rotary kilns and other industrial and home heating uses.

Songzai International Holding Group, Inc. is engaged in coal production and sales by exploring, assembling, assessing, permitting, developing and mining coal properties in the People’s Republic of China (”PRC”).

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. DrStockPick.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. Our disclaimer is to be read and fully understood before using our site, reading our newsletter or joining our email list. Release of Liability: Through use of this website viewing or using, you agree to hold DrStockPick.com report and Crown Equity Holdings, Inc. CRWE, its operators, shareholders, employees and/or contractors harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damages (monetary or otherwise) that you may occur. (Read more at http://drstockpick.com/disclaimer ) . Rule 17B requires disclosure of payment for investor relations.Crown Equity Holdings, Inc. (CRWE.OB) has received eight thousand dollars in cash from a third party (Winning Media) for (7) days of advertising for Gold American Mining Corp (SILA.OB)