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Globex Mining Buys Claims in Isaac's Harbour District, Guysborough County

GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) has informed shareholders that Globex has acquired 100% interest in 39 claims in the Isaac's Harbour District of Guysborough County, Nova Scotia subject to a 1% NSR on 36 claims which may be acquired for $600,000 at anytime.

From Globex Mining Enterprises Inc. 8 Nov 2010

Adamus Resources Explores Extended Gold-Rich Sulphide Ore Zones at Teberu Pit in Nzema Gold Project

Exploration drilling below the Teberu 04 pit at the Nzema Gold Project has increased the depth extent of the gold rich sulphide ore zones.

8 Nov 2010

Avaranta Resources Signs Merger Agreement with Evrim Metals

Avaranta Resources Ltd. (CNSX:AVN) and Evrim Metals Corporation has announced that the two companies have signed a Merger Agreement to combine the business and assets of Evrim with those of Avaranta, subject to shareholder and regulatory approval.

8 Nov 2010

Mexivada Mining to Acquire 80% Stake in Golden Porcupine Gold Property, Ontario

Mexivada Mining Corp. announced the signing of an option to purchase 80% of the Golden Porcupine gold property, Deloro Township, in the main Timmins gold camp, Ontario, Canada, from Mhakari Gold Corp, under an agreement dated October 28, 2010.

4 Nov 2010

Gryphon Gold Receives POO Approval for Borealis Mine Site

Gryphon Gold Corporation (TSX:GGN)(OTCBB:GYPH) announced that it has received the approval of Amendment 5 of the Plan of Operation (POO) for the Borealis Mine Site from the United States Forest Service.

4 Nov 2010

Adamus Resources Updates on October Operations

Excellent progress continues to be made despite some intermittent weather conditions during October. Grade control drilling advances whilst plant site construction remains on schedule.

4 Nov 2010

Golden Peaks Resources Seeks to Acquire Australia-Based Reliance Resources

Golden Peaks Resources Limited (TSX:GL) reported that the Company has signed a Letter of Intent (the "LOI") to acquire 100% of Reliance Resources Limited ("Reliance"), an unlisted Australian public company, which holds the rights to five advanced gold exploration permits on the islands of Sulawesi and Halmahera in eastern Indonesia.

4 Nov 2010

Gold Hawk Plans for Private Placement to Fund Exploration at Oracle Ridge Copper Mine Property

Gold Hawk Resources Inc. (TSX VENTURE:GHK) announces today that, subject to regulatory approval, it intends to carry out a non-brokered private placement offering of up to 6,000,000 common shares at a subscription price of $1.25 per common share (the "Private Placement"), for aggregate gross proceeds of $7.5 million.

4 Nov 2010

Globex Secures Proceeds from Private Placement for Exploration Expenses

GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(OTCQX:GLBXF) informed shareholders that it has closed a private placement by issuing 70,000 "flow-through" common shares to an "accredited investor" in Ontario at a price of $1.87 per share, for a gross proceeds to Globex of $130,900.

From Globex Mining Enterprises Inc. 4 Nov 2010

First Gold Exploration Discovers New Spudomene-Bearing Zones at Lac Pivert/Rose Project

First Gold Exploration Inc. (TSX VENTURE:EFG)(FRANKFURT:F12)(OTCQX:FGEXF) announced the discovery of three new spudomene-bearing zones at its Lac Pivert/Rose project. Three new pegmatite dikes containing significant quantities of spudomene have been discovered approximately one kilometre southeast of the Pivert showing.

4 Nov 2010

Mining Business News

Globex Mining Buys Claims in Isaac's Harbour District, Guysborough County

Adamus Resources Explores Extended Gold-Rich Sulphide Ore Zones at Teberu Pit in Nzema Gold Project

Avaranta Resources Signs Merger Agreement with Evrim Metals

Mexivada Mining to Acquire 80% Stake in Golden Porcupine Gold Property, Ontario

Gryphon Gold Receives POO Approval for Borealis Mine Site

Adamus Resources Updates on October Operations

Golden Peaks Resources Seeks to Acquire Australia-Based Reliance Resources

Gold Hawk Plans for Private Placement to Fund Exploration at Oracle Ridge Copper Mine Property

Globex Secures Proceeds from Private Placement for Exploration Expenses

First Gold Exploration Discovers New Spudomene-Bearing Zones at Lac Pivert/Rose Project

Victory Metals Commences Drilling Program at World-Class Heavy Rare Earth Project in Western Australia

Xanadu Identifies High-Grade Copper-Nickel Targets in Mongolia

Radisson and IAMGOLD Collaborate on Gold Exploration

Strong Gold Anomalies Discovered on Vauquelin-Rayon d'Or

Arizona Lithium Commences Drilling to Establish Production Unit at Prairie Project in Saskatchewan, Canada

Pantera Minerals Signs Rig Agreement for First Smackover Well Test at Lithium Brine Project

GeoSpec: The Ultimate Benchtop NMR Rock Core Analyzer

BeVision M1 - Automated Static Image Analyzer

SpectrOil 100 for Oil Analysis

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