Golden Valley Mines Ltd.: 2010 Exploration Activities

- June 30th, 2010

Golden Valley Mines Ltd. (TSX VENTURE:GZZ) provided the following report on the Company’s gold and base-metal exploration activities, including an overview of its 2010 exploration programs.

Golden Valley Mines Ltd. (TSX VENTURE:GZZ) provided the following report on the Company’s gold and base-metal exploration activities, including an overview of its 2010 exploration programs.

The press release is quoted as saying:

The Company typically tests initial grassroots targets while owning a 100% interest therein and then seeks partners to continue exploration funding. This allows the Company to carry on its generative programs and systematic exploration efforts at other majority-owned grassroots projects. As of June 29, 2010, the Company holds majority property interests in 157 projects consisting of 4,087 mining titles (232,516 hectares or 2,325 km²) in Canada (Saskatchewan, Ontario and Québec) and 2 projects consisting of approximately 710 km² (71,000 hectares) in the Republic of Sierra Leone in West Africa (through its subsidiary Calone Mining Company (S.L.) Limited).

Click here to access the entire press release

Click here to access Golden Valley Mines Corporate Site

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