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Mining & Metals

Diamond Drilling Begins on the Detour East Property (Former Gygnac and Massicotte Properties) 0

ROUYN-NORANDA, QUEBEC — (Marketwire) — 10/11/11 — Radisson (TSX VENTURE: RDS) is pleased to announce that Balmoral Resources Ltd., its partner in the development of the "Detour East" property, has advised it that initial drill testing of gold exploration targets on the Detour East Property, located along the Detour Gold Trend in west-central Quebec, has begun. The Detour East Property covers a 20-kilometre-long stretch of the Sunday Lake Deformation Zone, which hosts the Abitibi-s

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Kaminak Defines Extensive Soil Anomalies Along Newly Recognized Sugar Trend, Coffee Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/11/11 — Kaminak Gold Corporation (TSX VENTURE: KAM) today announced soil results from grid sampling of the Sugar area located approximately 20km southeast of the Supremo-Latte drill discoveries. The soil results from Sugar further reinforce the Company-s belief that a district-scale gold system is present at Coffee. No previous drilling has been completed on the Sugar prospects. Additional widely-spaced reconnaissance soil sampling has also be

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Aberdeen Reports Binding Settlement of Claim Against Simmer & Jack for US$9,000,000 and Continued Payment of Net Smelter Royalty 0

TORONTO, ONTARIO — (Marketwire) — 10/11/11 — ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX: AAB) is pleased to announce that through negotiations with Village Main Reef Limited (formerly Simmer & Jack Mines) it has reached a settlement for the outstanding claim of US$10,000,000 loan principal and balance payable on the graduated gold royalty from the fourth quarter of calendar 2008.Village Main Reef has agreed to pay Aberdeen an amount of US$9,000,0

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Rainy River Resources Announces Appointment of Michael Mutchler as Chief Operating Officer 0

TORONTO, ONTARIO — (Marketwire) — 10/11/11 — Rainy River Resources Ltd. (TSX: RR) (the "Company" or "Rainy") is pleased to announce the appointment of Michael A. ("Mike") Mutchler as the Company-s Chief Operating Officer. He will assume his duties on November 1, 2011.Mr. Mutchler comes to Rainy River Resources from Kinross Gold Corp., where he held the position of Vice President, Project Development Services. During his employment with Kinross, Mr. Mutchler als

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Victory Ventures Commences Trading on Frankfurt Exchange 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/11/11 — Victory Ventures Inc. (TSX VENTURE: VVN)(FRANKFURT: VV0)(WKN A1JK52) is pleased to announce that its common shares have been listed for trading on the Frankfurt Stock Exchange under the ticker symbol VV0 (VV Zero). The Security Identification Number (WKN) is A1JK52.On behalf of the Board of Directors:Howard Milne, DirectorNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX V

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Centamin Egypt Limited 3rd Quarter Preliminary Production Results 0

TORONTO, ONTARIO — (Marketwire) — 10/11/11 — Centamin Egypt Limited ("Centamin" or "the Company") (TSX: CEE)(LSE: CEY) is pleased to announce its preliminary production results from its Sukari Gold Project in Egypt for the quarter ended 30 September 2011.Total gold production for the quarter was 50,539 ounces, a 67% increase from the corresponding quarter last year and a 5% increase on the previous quarter-s production. The resultant gold production was underpinned by re

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Lone Star Gold, Inc. Provides Update on First Week-s Research on Mexico-Based Gold-Silver Ocampo Property 0

ALBUQUERQUE, NM — (Marketwire) — 10/10/11 — Lone Star Gold, Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") is pleased to provide an update on the Company-s first week of due diligence on the Ocampo gold-silver property in Chihuahua State, Mexico.Lone Star has recently signed a letter of intent (LOI) committing to the acquisition of an option to purchase a 70% interest in the ~1409-acre (570-hectare) project, which consists of the San Luis and La Colorada properties in

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Ruby Creek Receives First Mining License 0

NEW YORK, NY — (Marketwire) — 10/10/11 — Ruby Creek Resources, Inc. (OTCBB: RBYC), a gold exploration and mining company with operations in Tanzania, is providing the following update on the Gold Standard transaction.Ruby Creek has received confirmation of the transfer of control of Mining License ML 409/2010 issued September 21, 2010 to Gold Standard Tanzania Limited to Ruby Creek Resources, Inc. The Minister of the Energy and Minerals of Tanzania, the Honourable William Mganga Ngeleja app

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Tara Minerals Adds to Iron Ore Holdings 0

CHICAGO, IL — (Marketwire) — 10/10/11 — Tara Minerals Corp. (OTCBB: TARM) (BERLIN: 6T3) is pleased to announce that it has reached an agreement for the right to mine the 150 hectare Champinon iron ore property located in Mexico. The host structure has been estimated, through surface mapping and sampling, to be at least 40 m wide, 1.5 km in length and open in all directions. Surface grab samples returned assays ranging from 62.0% to 68.9% iron ore. Tara has committed to extract and sell a min

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GolfGear International, Inc. Begins Initial Funding for Phase One Development of Silver Cord Mine 0

LAS VEGAS, NEVADA — (Marketwire) — 10/10/11 — GolfGear International, Inc. (PINK SHEETS: GEAR) announces that it has begun providing initial funding for placing the Silver Cord Mine into production as stipulated under terms of a joint venture agreement with the mine owner, Mission Holdings, LLC.Dale Geck, President of GolfGear International, stated, "The Silver Cord joint venture presents the Company and its shareholders with an unusual opportunity. The Silver Cord Mine is unlike many

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