09:47 AM EST - Phoenix Gold Resources Corp. : announced that it has commenced a detailed mapping and prospecting program on the Company's mineral properties located at Battle Mountain, Nevada The Company anticipates starting its first drill program on the Plumas Property before the end of June. The Plumas Property is an outcropping high grade gold mineralized system that has never been drill tested, located adjacent to Newmont's Phoenix-Fortitude pit to the east. The Plumas Property has two patented claims for a total of 40 acres with extralateral rights and one mill site claim. Phoenix Gold Resources Corp.
shares V.PXA are trading up $0.005 at $0.06.
