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Grande Portage Resources Reports Preliminary Drilling Results from Herbert Glacier Prospect

Grande Portage Resources Ltd. (TSX-V GPG) has announced initial results from its program of detailed geologic studies and diamond core drilling at the Herbert Glacier prospect north of Juneau, Alaska.

From Grande Portage Resources Ltd 25 Oct 2010

Golden Phoenix Minerals to Use Scorpio Financing Proceeds for Mineral Ridge Project

Golden Phoenix Minerals, Inc. (the "Company") (OTC Bulletin Board: GPXM) has announced that its joint venture partner on the Mineral Ridge property, Scorpio Gold Corp., through its parent company, Scorpio Gold Corp., closed a debt financing transaction for up to an aggregate principal amount of $12 million, with the use of proceeds from the Scorpio Financing being designated to finance the Mineral Ridge project.

25 Oct 2010

Mountain Lake Resources Buys Glover Island Gold Property in Newfoundland

Mountain Lake Resources Inc. (TSX-V: MOA) has reported completion of the acquisition of an undivided 100% interest in the Glover Island Property from New Island Resources Inc.

25 Oct 2010

Platinex and Creso Announce JV in Shining Tree Gold Area

Platinex Inc. (TSX VENTURE:PTX) and Creso Exploration Inc. (TSX VENTURE:CXT) (FRANKFURT:C3X) announced today that they have entered into an agreement to combine claim holdings along the Larder Lake Break into a 50/50 joint venture in the Shining Tree gold area of Ontario.

From PTX Metals Inc. 25 Oct 2010

Tom Albanese Confident on Mining Tax Resolution

Tom Albanese Chief Executive Officer of Rio Tinto said that the company was confident that the Australian mine tax issue would be resolved soon. He expects the government's transition committee to put the finishing touches to the proposed mining tax and work through any remaining disagreements.

From Rio Tinto plc 25 Oct 2010

Avalon Rare Metals Updates on Rare Earth Separation Plant Construction

Avalon Rare Metals Inc. (TSX:AVL)(OTCQX:AVARF) announces that further to the Company's news release dated August 18, 2010, SNC-Lavalin Inc. has delivered the scoping study commissioned by the Company to provide an initial estimate of costs for the construction of a new rare earth separation plant in North America.

From Avalon Advanced Materials Inc. 22 Oct 2010

Renforth Resources Buys Mina Maria Luisa Project in Spain

Renforth Resources Inc. (CNSX:RFR) has announced the acquisition rights to acquire a 100% interest in the Mina Maria Luisa project located in Southwestern Spain, approximately 30 kilometres from the Aguas Tenidas Mine.

From Renforth Resources Inc. 22 Oct 2010

Ardent Mines to Acquire Rio Sao Pedro Mineracao in Brazil

Ardent Mines Limited (OTC Bulletin Board: ADNT) has announced the signing of a Memorandum of Understanding with the owners of Rio Sao Pedro Mineracao, Ltd., a Brazilian entity that owns land suitable for potential gold mining located 8 miles from Paracatu, Brazil, and approximately 180 miles from the capital city of Brasilia.

22 Oct 2010

Pacific Rubiales Energy Updates on Topoyaco 2 Well, Putumayo Basin

Pacific Rubiales Energy Corp. (TSX: PRE; BVC: PREC) announced today an update on the Topoyaco-2 well, located in the Topoyaco block, in the foothills of the Putumayo Basin, where the Company has a 50% working interest.

22 Oct 2010

Vena Resources Stakes Additional Assets Near Azulcocha Mine

Vena Resources Inc. (TSX:VEM)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF) announces that after an extensive geological review it has staked an additional 4,625 hectares near the Azulcocha zinc mine.

22 Oct 2010