Aurizon Mines Ltd.
-- June 1, 2009 -- Two New Gold Mineralization Discoveries On The Joanna Project
-- June 1, 2009 -- Aurizon Reports Update On Exploration At Casa Berardi |
Ireland Inc.
-- June 3, 2009 -- Ireland Inc. Receives BLM Approval For 2009 Drill Program;
30-Hole Drill Program To Expand Definition of Precious Metal Resources in Columbus Basin |
Minefinders Corporation Ltd.
-- May 21, 2009 -- Minefinders reports Column-Leach Metallurgical Results and Commencement of La Bolsa Pre-Feasibility Study |
Minera Andes Inc.
-- June 18, 2009 -- Robert R. McEwen appointed interim President and Chief Executive Officer
-- June 03, 2009 -- Minera Andes Announces Delivery Of Earn-In Notice Under Option Agreement At Los Azules Copper Project
-- June 5, 2009 -- Minera Andes Announces Completion Of Ni 43-101Technical Report On The June 2008 San José Mine Mineral Resources And Reserve |
Paramount Gold and Silver Corp.
-- May 19, 2009 -- Paramount Gold and Silver Corp. Expands its San Miguel Project through Acquisition of Key Mining Concessions in its District Consolidation Strategy |
Romios Gold Resources Inc.
-- June 1, 2009 -- Romios To Undertake Diamond Drill Programs In 2009 At Its Newmont Lake And Trek Properties In British Columbia |
Rye Patch Gold Corp.
-- June 2, 2009 -- Rye Patch Updates Jessup Gold And Silver Resource Estimate |
San Gold Corporation
-- June 11, 2009 -- San Gold Discovers New High Grade Zone East of Hinge Deposits |
Velocity Minerals Ltd.
-- June 08, 2009 -- Releases a NI 43-101 Compliant Mineral Resource Estimation for Mt Haskin Property |
Aurizon Mines Ltd.
Two New Gold Mineralization
Discoveries On The Joanna Project
VANCOUVER, BC, June 1, 2009 - Aurizon Mines Ltd. (TSX: ARZ; NYSE Amex: AZK) is pleased to report the discovery of two new mineralized trends, respectively north and south of the Heva-Hosco gold bearing trend, at its Joanna project, located 20 kilometres east of Rouyn-Noranda, in north-western Quebec.
Highlights include 6.8 grams of gold per tonne over 3 metres intersected approximately 1 kilometre north of the Cadillac Fault mineralized system (the "Joanna North"); and 3.0 grams of gold per tonne over 4.6 metres intersected 300 metres south of the Cadillac Fault, (the "Joanna South").
"The results of the recent drill program have validated our application of geophysics and soil geochemistry in identifying targets with the discovery of the Joanna North and South mineralized trends. These two areas were not subject to historical drilling." said Élise Bourgault, project geologist. "Both discoveries remain open on strike and down dip." she added.
Twenty-seven (27) holes totalling 9,130 metres were recently completed on the following claim blocks, which form part of the Joanna Project: Original Joanna (Feifer option), 10 Holes, 5,334 Metres; Alexandria, 15 Holes, 3,415 Metres; Original Joanna (Henriksen option), 2 Holes, 381 Metres.
This new mineralized trend is located 1 kilometre north of the Cadillac Fault, on the western side of the property (see sketch attached). A mobile metal ion (MMI) soil survey performed by Aurizon on a poorly defined magnetic contrast lead to the identification of a 700 metre long, multi-element (arsenic, gold, molybdenum, tungsten, antimony) anomaly.
Four (4) sections of two holes have been drilled using 200 metre spacing. The western holes intersected a continuous 40 metre-wide fault trend associated with sulphide halos. Gold anomalies that were encountered show a westward progression from a few tenths of parts per billion ("ppb") to values in the range of 0.1 to 10.0 grams of gold per tonne. The best result obtained was 6.8 grams of gold per tonne over 3 metres, including 10.0 grams of gold per tonne over 1.5 metres, in hole JA-09-482 at the western limit of the drilling pattern.
Mineralization is in the form of quartz veins stockwork with pyrite, pyrrhotite, arsenopyrite and free gold associated in a biotite rich sedimentary rock. This mineralization represents the first gold anomaly found north of the Cadillac Fault within Aurizon's claim block and remains open to the west.
A new exploration target was developed on the Alexandria block, 300 metres south of the Cadillac Fault, using induced polarization (IP) and magnetic surveys previously performed by Alexandria Minerals.
Five (5) holes intersected 10 to 20 metres-wide gold concentrations with values in the range of 0.1 to 0.2 grams of gold per tonne and one (1) hole intersected higher grades with 3.0 grams of gold per tonne over 4.6 metres including one sample at 9.0 grams of gold per tonne.
The mineralization of the higher grade intersection is composed of visible gold inside a quartz vein with arsenopyrite, chalcopyrite and sphalerite in a biotite sedimentary rock, locally sericitized.
This mineralization is still open to the west and east.
Heva-Hosco gold bearing trend
In addition to the two new discoveries, two targets have been tested along the Cadillac Fault. Drilling followed the down-dip extension of the Hosco deposit and the eastern lateral extension of the trend.
Four (4) holes were completed to test a potential gold enrichment at depth covering 500 metres of strike between a depth of 400 and 700 metres. Results obtained from the down-dip program indicate continuity of the Hosco mineralization in terms of grade and thickness. All holes returned multiple intervals with a grade of approximately 1 gram of gold per tonne over a true thickness varying from 10 to 50 metres. Despite a similar alteration signature to the Hosco mineral resources, no increase in gold grades was experienced. The best interval came from hole JA-09-467 with 2.0 grams of gold per tonne over 14.3 metres. The highest individual assay came from hole JA-09-474 with 4.4 grams of gold per tonne over 1.4 metres.
Hosco eastern lateral extension
Drilling was performed to test the eastern lateral extension between 0.5 to 2.0 kilometres from the proposed Hosco pit. Four (4) holes out of 10 have intersected mineralization with values of between 1 and 2 grams of gold per tonne over a true thickness of between 4 and 8 metres. The best individual assay came from a fifth hole (JA-09-488), which returned 5.4 grams of gold per tonne over 1.1 metres. Gold distribution, type of alteration and associated quartz veining is different from the Hosco deposit. The grade and thickness of the mineralization decreases to the east.
Pre-Feasibility Study
Following completion of a major infill drill program on the Hosco deposit, an updated mineral resource estimate as at December 31, 2008, was completed by SGS Geostat Ltd., the results of which were announced on March 11, 2009. Measured and indicated mineral resources on the Joanna project are currently estimated at 33.8 million tonnes at 1.4 grams of gold per tonne for 1.53 million ounces of gold. A pre-feasibility study is currently in progress on the Hosco block, incorporating the measured and indicated resources on the Hosco (approximately 1.27 million ounces) together with the results of ongoing metallurgical and geo-mechanical tests. It is anticipated that the study will be completed by the end of the third quarter, 2009.
Outlook
During the next few months, exploration on the Joanna project will focus on the development of a structural framework on both sides of the Cadillac Fault to support drilling follow-up on the newly discovered trends.
Core assays are performed on core sawed in half, with standard fire assay procedures and atomic absorption finition. Certified reference material, duplicate and blanks are inserted in the sample sequence for quality control. Assay checking on pulp and coarse reject are carried out on approximately 10% of samples inside mineralized intervals. Additional information on Quality Assurance and Quality control ("QA/QC"), can be found in the "Technical Report -- Resource modeling and Estimation update Joanna gold deposit" prepared by SGS Geostat Ltd. dated April 7, 2009, which can be found under Aurizon's profile on www.sedar.com. Exploration primary assaying was performed at ALS Chemex of Val d'Or and check assays were carried out by Laboratoire d'Analyse Bourlamaque of Val d'Or. ALS Chemex is a fully accredited laboratory under ISO 9001-2000 standards, and Laboratoire d'Analyse Bourlamaque is in the process of obtaining ISO-9001-2000 certification.
Drill hole planning, implementation and the quality control program is supervised by Martin Demers P.Geo., Exploration Manager, a "qualified person" as defined by National Instrument 43-101. Mr. Demers is also responsible for the scientific and technical information in this news release.
For a sketch showing the Joanna Project area and detailed results from the additional holes drilled are reported in separate tables along with all other information previously released, together with all technical reports on the Joanna Project on the Aurizon website.
Aurizon Reports Update On
Exploration At Casa Berardi
VANCOUVER, BC, June 1, 2009 - Aurizon Mines Ltd. (TSX: ARZ; NYSE Amex: AZK) is pleased to provide a progress report on exploration activities at its Casa Berardi mine property, in north-western Quebec.
In the first quarter underground exploration was centered on the development of an exploration drift at the 810 metre level, east of Zone 113 and south of the Casa Berardi fault. The exploration drift will provide drill access to test the depth extension of Zone 113 and to test the continuity and extension of Zones 118 to 122 and 123-South.
To date, 1,091 metres of drifting has been completed, providing drill access 500 metres east of the production shaft. Drilling performed in the vicinity of Zone 113 has confirmed the previous geological interpretation of the Zone and has extended the favourable gold trend 100 metres deeper.
To date, nineteen (19) underground holes totalling 5,695 metres have been completed. Results are posted on the Company's website, www.Aurizon.com.
At Casa Berardi, mineralization is generally closely associated along a 30 to 50 metre wide gold trend, hosting multiple quartz veins and disseminated gold rich sulphide ore bodies, such as Zones 113, NW and Lower Inter, which are currently included in mineral reserves. This gold trend was previously identified down to 850 metres from prior underground drilling.
The current program has extended the trend down to the 950 metre level intersecting two mineralized intervals along drill holes. Mineralization did not intersect a large quartz vein similar to Zone 113, but intersected quartz veins, stockworks and disseminated sulphide located along the Casa Berardi Fault (CBF) and also along splays of the fault (S) developed along the contacts of sediments and volcanics and sediments and conglomerates. Results of all drill holes are provided in detailed tables on the Company's website, www.aurizon.com.
Since the recommencement of mining operations at Casa Berardi, the first priority was to confirm the viability of existing mineral reserves, followed by renewing mineral reserves depleted by production and upgrading inferred mineral resources to the indicated category.
The 2009 exploration program has been increased in order to test targets outside of the contours of the current mineral resources.
The new underground and surface drilling program, which will explore along the west extension of the Lower Inter zone, along the Principal Zone and along the dip extension of the East Mine with the objective of increasing the inferred and indicated mineral resources, will commence in the coming months. Five (5) rigs will be active on the program. Two drill rigs are currently active along the 810 metre level, with a third rig to be added when development of the drift is completed.
A total of 40,000 metres of underground and surface drilling and 1,900 metres of underground exploration access drifting at the 810 metre level and south of the Lower Inter Zone should be completed this year.
Core assays are performed on core sawed in half, with standard fire assay procedures and atomic absorption finish. Certified reference material, duplicate and blanks are inserted in the sample sequence for quality control. Assay checking on pulp and coarse reject are carried out on approximately 10% of samples. Additional information on Quality Assurance and Quality control ("QA/QC"), can be found in the "Technical Report on the Casa Berardi Mine", dated February 9, 2009, which can be found under Aurizon's profile on www.sedar.com. Primary exploration assaying was performed at the mine site laboratory and the QA/QC program is performed at ALS Chemex lab in Val-d'Or.
Drill hole planning, implementation and the quality control program is supervised by Jeannot Boutin P.Eng., Mine geology superintendant, an appropriately qualified person as defined by National Instrument 43-101. Mr. Boutin is also responsible for the scientific and technical information in this news release.
A sketch showing the Casa Berardi mine area and detailed results from the additional holes drilled and all other information previously released on the Casa Berardi mine is also available on the Aurizon website.
Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec, one of the world's most prolific gold and base metal regions, and by increasing its asset base through accretive transactions. Aurizon shares trade on the Toronto Stock Exchange under the symbol "ARZ" and on the NYSE Amex under the symbol "AZK".
For additional information on Aurizon Mines Ltd. and its properties contact David Hall, President and CEO at 604-687-6600 or Toll Free: 1-888-411-GOLD, Fax: 604-687-3932. E-mail: info@aurizon.com or visit the website at www.aurizon.com.
Ireland Inc. Receives BLM
Approval For 2009 Drill Program
30-Hole Drill Program To Expand Definition
of Precious Metal Resources in Columbus Basin
HENDERSON, NV, June 3, 2009 - Ireland Inc. (OTC BB: IRLD) ("Ireland") ("the Company"), a minerals exploration and development company focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States, today announced that it has received approval from the Bureau of Land Management ("BLM") to conduct a 30-hole drill program on the Companys Columbus Project.
The drill program will consist of a series of 30 holes drilled to depths ranging from 200 feet to 400 feet below the surface. The objective of the drilling is to expand the gold and silver resources beyond the Zone A and Zone B deposits and to provide greater definition to these resources.
"We are very pleased that the Bureau of Land Management has approved our 2009 drill program, which will define the precious metal resources adjoining the 1,580-acres of potentially surface mineable material identified by our 2008 drill program," stated Douglas Birnie, Chief Executive Officer of Ireland Inc. "This represents an important step in the progression of our technical program, which is focused on determining the overall gold and silver resources and economic feasibility of the Columbus Project. We expect to commence drilling immediately."
"This next phase of our drilling program follows the completion of 39 holes drilled within Zone A and Zone B in 2008," continued Birnie. "We expect to release assay results as drilling progresses throughout the 2009 drill campaign. With the completion of this phase of our program, we expect to have significantly expanded and improved the definition of the gold and silver resources throughout the Area of Interest within the Columbus Basin".
Ireland Inc. is a minerals exploration and development company that is focused on the discovery and extraction of precious metals from mineral deposits in the Southwestern United States.
In 2007, Ireland acquired rights to two mining properties, both of which are prospective for gold and other minerals. In early 2008, Ireland completed the acquisition of the Columbus Project located near Tonopah, NV, where it has an option to acquire an additional 22,640 acres of adjacent mineral claims. Ireland also owns rights to acquire up to 100of the Red Mountain Project in San Bernardino County, California.
Ireland Inc. is headquartered in Henderson, Nevada, and its common stock trades on the OTC Bulletin Board under the symbol "IRLD".
For additional Information on Ireland Inc. contact: Douglas Birnie, CEO at (702) 932-0353. E-mail: info@irelandminerals.com or visit the website at www.irelandminerals.com.

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Minefinders Corporation Ltd.
Minefinders reports Column-Leach Metallurgical Results
and Commencement of La Bolsa Pre-Feasibility Study
Vancouver, BC, May 21, 2009 - Minefinders Corporation Ltd. reports that final results from recent metallurgical tests confirm high amenability of La Bolsa ores to standard heap-leach recovery of gold at moderate to coarse crush sizes. Column-leach gold recoveries average 78.8% for the 9.5mm (-3/8 inch) crush, 74.3% for the 15.8mm (-5/8 inch) crush and 73.1% for the 25mm (-1 inch) crush size. Overall reagent consumptions were moderate to low. These metallurgical results and results from current drilling will be incorporated into an updated resource model and pre-feasibility study of Minefinders wholly-owned La Bolsa gold and silver property in Sonora, Mexico. Results will be reported in a National Instrument 43-101 compliant technical report.
Minefinders expects to complete this study before the end of 2009, incorporating results from 15,539 meters of previous drilling and the 1,500 meter drill program currently in process at La Bolsa. "Now that our flagship Dolores gold and silver mine has reached commercial production, La Bolsa represents a value opportunity for Minefinders," said Tench Page, Vice-President Exploration. "La Bolsa has the potential to be a low-cost mining operation and if the resource update and pre-feasibility study produce positive results, the property is in position to be quickly advanced to production."
Final metallurgical results from the ten column percolation leach tests are reported below. Four representative composites were prepared from splits of HQ core that were shipped directly from the field to McClelland Labs of Sparks, Nevada. Columns were then constructed using material at several crush sizes that included 80% passing 9.5 mm (3/8 inch), 80% passing 15.8 mm (5/8 inch), and 80% passing 25 mm (1 inch).
Column Percolation Leach Test Results are available on the Company's website.
Gold recoveries were rapid and generally complete after the first 120 days of leaching with only moderate to low reagent consumptions. Although the 9.5 mm crush size leached most rapidly, total recoveries at the 15.8 mm and 25 mm crush sizes were substantially the same as they averaged 78.8%, 74.4%, and 73.1% respectively. Silver recovery is significantly lower and an extended leach period to 252 days did not measurably increase silver recoveries. Use of coarser crush sizes should favorably affect capital and operating costs for possible mining operations on the property. The metallurgical column leach data allows for reasonable prediction of metallurgical recoveries for the project and development of a mine plan.
The gold mineralization at La Bolsa occurs within a shallowly dipping continuously mineralized oxidized blanket that is subparallel to topography and approximately 900 meters (3,000 feet) in length and 365 meters (1,200 feet) in width with thicknesses that range from 10 to 50 meters (30 to 165 feet). The previous La Bolsa resource, reported by the Company on September 15, 1999 (prior to the establishment of Canada's mineral disclosure guidelines under National Instrument 43-101), estimated 6.0 million tonnes grading 1.0 grams per tonne gold ("gpt") and 10 gpt silver in the inferred category, based on results from 72 drill holes. Data from an additional 71 drill holes completed since that time and from the current drill program will be used to establish the measured and indicated resource base that will be used to assess the overall economic potential of the La Bolsa project.
Quality Control and Assurance
All analyses used for resource assessment are fire assay analyses for gold and multi-acid digestion with AA analyses or fire assay analyses for silver, and completed by either Chemex Labs of Vancouver, Canada or Inspectorate Labs of Sparks, Nevada. Samples from drill intervals were comprised of either HQ or NQ core, or down-hole reverse circulation rock chips, all representatively split prior to analysis and transported by the labs to sample preparatory facilities in Hermosillo, Mexico (Chemex) or Durango, Mexico (Inspectorate).
About Minefinders Corporation Ltd.
Minefinders Corporation Ltd. is a precious metals mining and exploration company and operates the multi-million ounce Dolores gold and silver mine in Mexico. The Company continues its exploration efforts on other prospective projects in Mexico to build a quality pipeline of precious metals projects for future growth.
For more information on Minefinders Corporation Ltd. contact Mark Bailey, President and CEO or Mike Wills, Investor Relations, at (604) 687-6263, Fax: (604) 687-6267. E-mail: mike@minefinders.com. Visit the company's website at www.minefinders.com.

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Minera Andes Inc.
Minera Andes Announces Robert R. McEwen has been appointed interim President and Chief Executive Officer
SPOKANE, WA, June 18, 2009 -- Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) announces that following the Corporation's annual general and special meeting today, Mr. Robert R. McEwen has been appointed interim President and Chief Executive Officer of the Corporation effective immediately, replacing Mr. Allen Ambrose. Mr. Ambrose was re-elected to the Board of Directors of the Corporation.
Minera Andes would like to thank Mr. Ambrose, a founder of the Corporation, for his dedication and service to the Corporation. Under Mr. Ambrose's stewardship, Minera Andes grew from a junior exploration company to a company with exploration success in Argentina and a significant interest in a producing mine.
Minera Andes is a gold, silver and copper exploration company working in Argentina. The Company holds approximately 304,000 acres of mineral exploration land in Argentina. The producing San Jose silver/gold mine is 49% owned by Minera Andes through a joint venture. Minera Andes is also exploring the Los Azules copper project in San Juan province, where an exploration program has defined a resource and a scoping study has been completed. Other exploration properties, primarily silver and gold, are being evaluated in southern Argentina. The Corporation presently has 230,538,851 shares issued and outstanding.
Minera Andes Announces Delivery Of Earn-In Notice
Under Option Agreement At Los Azules Copper Project
SPOKANE, WA, June 03, 2009 - Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) is pleased to announce the earn-in notice has been delivered to exercise its option to acquire a 100 percent interest in the Los Azules Copper Project (the "Project") located in the San Juan Province of western central Argentina, subject to the right of Xstrata Copper to back-in to the Project for a 51% interest. The notice was delivered pursuant to the Los Azules Option Agreement between Minera Andes and certain of its subsidiaries and Xstrata Copper, one of the commodity business units within Xstrata plc (London Stock Exchange: XTA.L and Zurich Stock Exchange: XTRZn.S), and its subsidiary, on the Project.
By Minera Andes exercising its earn-in option on May 29, 2009, Xstrata Copper has 90 days to notify Minera Andes whether it intends to exercise its right to back-in to the Project for a 51% interest (the "Back-in Right") under the Los Azules Option Agreement. After delivery of such back-in notice, in order to complete the Back-in Right, Xstrata Copper must pay to a subsidiary of Minera Andes within 90 days after delivery of such notice 300% of the direct expenditures incurred by Minera Andes and its affiliates on the Project area since November 25, 2005, and assume operational control and responsibility of the Project within 120 days of such notice. Xstrata Copper will also be required to produce a bankable feasibility study in conformity with the standards set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects, adopted by the Canadian Securities Administrators ("NI 43-101") within 5 years of such notice.
The Project area contains a copper deposit situated on adjoining properties that straddle a large copper porphyry system, which was the subject of a recent NI 43-101 technical report and scoping study containing an inferred mineral resource estimate of 922 million tonnes of 0.55 % copper. The deposit as currently defined is open in several directions, and further drilling will be required to fully define the limits of the mineralization, especially along the strike to the north and at depth where many of the drill holes have bottomed in copper mineralization.
Los Azules Option Agreement Details
The Project is an exploration project comprised of properties owned by Andes Corporacion Minera S.A. ("Andes'), an indirect wholly-owned subsidiary of Minera Andes (the "Andes Properties") and adjoining properties held by MIM Argentina Exploraciones S.A. for Xstrata Copper ("MIM" and the "MIM Properties"). The Project is subject to the Los Azules Option Agreement dated November 2, 2007, as amended. Under the Los Azules Option Agreement, Los Azules Mining Inc. ("LAMI"), a indirect subsidiary of Minera Andes, has earned a 100% interest in the MIM Properties and MIM is now required under the terms of the Los Azules Option Agreement, to transfer the MIM Properties to Andes which Andes will hold together with the Andes Properties (the "Combined Property").
Certain of the MIM Properties are subject to an underlying option agreement, which is the subject of a dispute between Xstrata Copper, as option holder, and Solitario Argentina S.A. ("Solitario"), as the grantor of that option and the holder of a back-in right of up to 25%, exercisable upon the satisfaction of certain conditions, within 36 months after the exercise of the option by Xstrata Copper. The dispute surrounds the validity of a 36 month restriction on a back-in-right held by Solitario.
Minera Andes Announces Completion Of
Ni 43-101Technical Report On The June
2008 San José Mine Mineral Resources And Reserve
SPOKANE, WA, June 5, 2009 - Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) announces the results of a NI 43-101 Technical Report that comprises an independent review of the mineral resources and reserves as of June 2008 at the San José mine in Santa Cruz province, southern Argentina. The San José mine is operated by Minera Santa Cruz S.A. ("MSC") (owned 51% by Hochschild Mining plc ("Hochschild") (HOC.L Reuters, HOC.LN Bloomberg, London Stock Exchange) and 49% by Minera Andes.
The Technical Report entitled "NI 43-101 Technical Report, Minera Andes, Inc., San José Silver-Gold Project, Santa Cruz, Argentina", was prepared by SRK Consulting (US), Inc. ("SRK") and endorsed by Chris Elliott (MAusIMM) and Leah Mach (CPG), appropriately qualified persons according to NI 43-101.
The June 2008 San José mineral resource and mineral reserve estimates, mine life, and mining rates, disclosed herein are based on work from our joint venture partner that was audited and adjusted by independent qualified persons Chris Elliott and Leah Mach at SRK. The mineral resources and reserves remain open along strike and at depth in some areas.
SRK used a gold price of $600 per ounce (oz) and $10.50 per oz for silver for estimating mineral resources and reserves, which reflect the price outlook in mid-2008 for San José. The average Life of Mine cash operating costs are estimated at $122/tonne of ore processed, or $271/ounce gold equivalent. The base case Net Present Value (NPV), using long-term metal price estimations of $850 per ounce of gold and $12.50 per ounce of silver and a discount rate of 8%, is $205 million. The undiscounted NPV representing cumulative cash flow is $234 million.
At June 30, 2008 total Measured and Indicated Mineral Resources at the San José mine were 570,000 ounces of gold and 39.4 million ounces of silver, contained in 2.5 million tonnes grading 7.11 g/t gold and 490 g/t silver, or 73.6 million ounces of silver on a silver equivalent basis (see table at Company's website www.minandes.com). An additional 77,000 ounces of gold and 5.1 million ounces of silver, in 447,000 tonnes, grading 5.33 g/t gold and 356 g/t silver are classified as Inferred Resources. The cutoff value used to estimate the mineral resources is 181g/t silver equivalent (using a price of $600/oz for gold and $10.50/oz for silver).
The mineral resource estimates are based on 593 surface and underground drill holes (12,140 meters), 3 surface trenches (95.2 meters) and 5,389 channel samples (11,084 meters). The channel samples were taken from underground workings constructed at Huevos Verdes, Frea, and Kospi. The nominal drill spacing at Huevos Verdes and Frea is approximately 35 meters along strike (horizontally) and 50 meters vertically and at Kospi it is approximately 40 meters by 40 meters. The underground channel samples are spaced at approximately 2.5m along the drifts and the drifts are spaced at about 20m vertically.
The resource models were developed using industry-accepted methods. SRK validated the model estimates and found them to reasonably estimate grade and tonnage. The mineral resource estimates are compliant with CIM Definition Standards for Mineral Resources and Mineral Reserves as incorporated by reference in NI 43-101.
At June 30th, 2008 the Proven and Probable Mineral Reserves, based on an overall economic cutoff value of $115/t (using a price of $600/oz for gold and $10.50/oz for silver), are 1,615,000 tonnes at 6.88 g/t gold and 486 g/t silver, containing 357,000 ounces of gold and 25,230,000 ounces of silver. The mineral reserves also take into account marginal blocks of ore located on the periphery of higher grade zones. The marginal cutoff for these blocks was $45/t. The marginal cutoff was defined by the value of ore that meets the variable costs, but not the fixed costs.
The decrease in the reserves from June 2007 to June 2008 is due to the application of a higher cut-off grade and an increased dilution allowance by SRK as well as depletion. The following summarizes the key assumptions, parameters and methods used in the mineral resource and mineral reserve estimates:
- Gold assays were cut to 120 g/t, 10 g/t, 50 g/t, 20 g/t and 50 g/t and 36 g/t at Huevos Verdes South, Central, North, Ramal, Frea and at Kospi respectively. Silver assays were cut to 10,000 g/t, 1,000 g/t, 6,000 g/t, 2,000 g/t, 4,000 g/t and 3,800 g/t at Huevos Verdes South, Central, North, Ramal, Frea, and at Kospi, respectively.
- Density values used for the estimate are 2.595 t/m3 for Huevos Verdes, 2.611 t/m3 for Frea, and 2.621 t/m3 for Kospi.
- The geological model was developed using a series of northeast oriented sections spaced approximately 5 meters to 50 meters apart.
- Assays were composited to full vein-width interval.
- The estimation was done using Ordinary Kriging coupled with oriented search ellipses within the vein wireframes.
- Block grades were estimated based on interpretation of geological parameters logged in drill holes.
- Included in the mineral resource estimate at Huevos Verdes and Frea are 17,886 chip channel samples taken from the underground workings.
- Conventional Cut and Fill (CC&F) minimum mining width 0.8m
- Mechanized Cut and Fill (MC&F) minimum mining width 2.0m
- Planned dilution 0.2m HW + 0.2m FW= 0.4m total
- Unplanned dilution 5%
- Economic stope outlines from BECOV US$115/t
A technical report, prepared in accordance with NI 43-101 will be filed on SEDAR (www.sedar.com) within 45 days. This news release was prepared by, or under the supervision of, Mr. Allen Ambrose, President of Minera Andes, a "qualified person" within the meaning of NI 43-101. For (i) the resource/reserve estimate contained herein; (ii) a description of the key assumptions, parameters and methods used to estimate the mineral resource/reserve referred to in this news release; and (iii) a general discussion of the extent to which the estimate of mineral resources/reserves may be materially affected by any unknown environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues, please refer to the technical report that will be filed within 45 days.
The capacity of the processing plant at San José was increased to 1,500 tonnes per day in fourth quarter of 2008, and the processing plant is currently consistently achieving target production throughput. However, mine production has lagged behind mill capacity due to difficult ground conditions encountered in the Kospi vein development. Those problems have largely been overcome, and MSC is forecasting full production from Kospi by the end of the second quarter. During the development of the Kospi vein, mill feed has been supplemented with material from low grade surface stockpiles. For the full year, MSC is forecasting silver production approximately 30% higher than 2008 and gold production approximately 50% higher than 2008.
Subsequent to the June 2008 resource and reserve estimate, which was the subject of SRK's review, MSC has prepared an updated estimate of the resources and reserves at San José as at December 31, 2008. The updated resources and reserves, compliant with NI 43-101 standards, will be released shortly.
Minera Andes Inc. is a gold, silver and copper exploration company working in Argentina. The Corporation holds or has an interest in approximately 304,000 acres of mineral exploration land in Argentina, including the properties comprising the 49% owned San José silver/gold mine. Minera Andes is also exploring the Los Azules copper project in San Juan province, where a scoping study has been completed and a 43-101 technical report filed. Other exploration properties, primarily silver and gold, are being evaluated in southern Argentina. The Corporation presently has 230,538,851 shares issued and outstanding.
For further information on Minera Andes Inc. contact Art Johnson, Investor Relations, at the Spokane office, (509) 921-7322. E-mail: info@minandes.com or Krister A Kottmeier, Investor Relations, Canada, (604) 689-7017 or 877-689-7018. E-mail: ircanada@minandes.com. Visit the website at www.minandes.com.

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Paramount Gold and Silver Corp.
Paramount Gold and Silver Corp. Expands its
San Miguel Project through Acquisition of Key
Mining Concessions in its District Consolidation Strategy
TORONTO, ON, May 19, 2009 - Paramount Gold and Silver Corp. ("Paramount") (NYSE/TSX: PZG) (Frankfurt: P6G, WKN: A0HGKQ) has signed a letter of agreement with Mexoro Minerals Ltd (OTCBB: MXOM) to acquire all its legal and beneficial interest to 12 mining concessions adjacent to Paramount's San Miguel Project resource areas in Chihuahua, Mexico as seen in the map at the following link http://paramountgold.com/projects/images/temoris2.jpg.
The purchase price is $3.7 million and all underlying property payments are to be deferred for 36 months and further, if Paramount or its assets are sold within this period an additional payment will be made to the vendors. The transaction is subject to due diligence and other conditions and is expected to close within 90 days.
"We are excited about securing the ground immediately surrounding our flagship San Miguel Project" stated Paramount CEO, Christopher Crupi. "These concessions will be part of an extensive drill program that is expected to commence shortly and will enhance the geologic potential of San Miguel and its current 2.6 million ounce gold equivalent resource."
For more information on Paramount Gold & Silver Corp. contact Christopher Crupi, CEO or Chris Theodossiou, Investor Relations at toll-free 1-866-481-2233 or (613) 226-9881. E-mail: info@paramountgold.com. Visit the website at www.paramountgold.com.

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Romios Gold Resources Inc.
Romios To Undertake Diamond Drill Programs In 2009
At Its Newmont Lake And Trek Properties
In British Columbia
TORONTO, ON, June 1, 2009 - Romios Gold Resources Inc. ("Romios") is pleased to announce that it will undertake an exploration program beginning in late June, 2009 on its Newmont Lake and Trek properties located in the Galore Creek area of northwestern British Columbia. The program, estimated to cost $1.5 million, will consist essentially of diamond drilling designed to expand the known Northwest Zone gold-silver resource at Newmont Lake and to further delineate the breccia-hosted copper-gold mineralization and wide zones of porphyry-style gold-copper mineralization intersected in the diamond drill program carried out last summer on the Trek Property (see Press Release dated December 4, 2008). In addition, systematic prospecting and geological mapping will be carried out on Romios' other properties in the Galore Creek area.
Based on earlier drilling, the North West Zone was calculated to contain an inferred mineral resource of 1,406,000 tonnes at a grade of 4.43 g/t Au, 0.22% Cu and 6.4 g/t Ag or a gold equivalent grade (AuEq) of 5.16 g/t that was announced in a press release dated March 26, 2007. This equates to in-situ contained metal of 200,000 ounces of gold, 6,790,000 pounds of copper and 291,000 ounces of silver. These resources are reported at a base case gold equivalent cut-off grade of 2.0 g/t. Mineral resources are not mineral reserves since they have not demonstrated economic viability. Subsequent to the calculation of the North West Zone resource, diamond drilling carried out by Romios has encountered gold-copper-silver mineralization peripheral to the North West Zone which, coupled with the results of recent ground geophysical surveys, suggests that the resource could be much larger than originally thought.
A ground induced polarization survey carried out as part of the 2008 exploration program at Newmont Lake identified a strong, continuous chargeability anomaly which was traced for over 450 metres in a southwesterly direction from the North West Zone within a 275 metre wide, northeast-southwest, magnetic low trend (see Press Release dated February 19, 2009). The geophysical signature of the anomaly is similar in appearance but is three orders of magnitude stronger than that recorded over the known zone of gold-silver-copper mineralization at the North West Zone. The anomaly appears to extend beyond the survey boundary to the southwest and therefore could be much larger than that outlined to date. This large geophysical anomaly, referred to as the South West Zone, is the principal target of the diamond drilling planned during the summer of 2009 at Newmont Lake. A secondary target is the deeper zone of gold-silver mineralization which was indicated in earlier drilling underlying the known North West Zone gold-silver resource. For further information please visit our website at www.romios.com.
The Trek Property is a 4,297 hectares (10,618 acres) claim block located within the claim boundary of NovaGold/ Teck Cominco's Galore Creek property. It is located approximately 8.5 kilometres (5.28 miles) southeast of the Galore Creek deposit and 4.5 kilometres (2.79 miles) south of the Copper Canyon deposit.
During the 2008 summer exploration program, Romios' geologists discovered several mineralized breccias (copper-gold-silver) exposed in a steep cliff face on the Trek Property. The grade of 48 representative chip samples collected from outcrops of these breccias over an area measuring 250 metres by 50 metres averaged 1.39 % copper, 0.49 g/t gold and 7.85 g/t silver.
Following the surface sampling program, diamond drilling was initiated to further test the exposed mineralization. The diamond drill program, consisting of six holes, encountered extensive breccia-hosted copper-gold mineralization and wide zones of porphyry-style gold-copper mineralization. The most notable hole TRK-08-01 intersected a 32.0 metre (105 feet) wide breccia zone that assayed 2.06 % copper, 1.05 g/t gold and 26.01 g/t silver. The breccia zone is contained within a 131.4 metre (431.0 feet) mineralized interval in the hole), that had a weighted average grade of 0.61 % copper, 0.39 g/t gold and 8.48 g/t silver (see Press Release dated December 4, 2008). Prospecting in the vicinity of the drilling carried out on the Trek Property identified extensive copper, gold and silver mineralization to the northeast. Individual chip samples assayed up to 8.55 g/t gold, 44.0 g/t silver and 8.07 % copper over one metre and the average grade of 4 representative grab samples from this newly discovered mineralization is 5.15 g/t gold, 5.08 g/t silver and 4.18% copper.
Diamond drilling planned on the Trek Property during the summer of 2009 will be to delineate the breccia-hosted copper-gold mineralization and wide zones of porphyry-style gold-copper mineralization intersected in the diamond drill program carried out last summer and to determine the significance of the newly discovered surface gold-copper mineralization.
For the purposes of the disclosure in this Press Release, Thomas Skimming, P.Eng., Vice-President of Exploration and a Director of Romios is the Qualified Person ("QP") in accordance with NI 43-101.
About Romios Gold Resources Inc.
Romios Gold Resources Inc., a progressive Canadian mineral exploration company established in 1995, is headquartered in Toronto and is actively engaged in precious and base metal exploration across North America with a primary focus on gold, silver and copper. Romios has significant property interests in British Columbia, Ontario and Nevada. The Corporation is undertaking extensive exploration work on its Galore Creek area properties in British Columbia, which are centrally located between NovaGold's large gold-copper-silver deposit and Barrick's high grade gold mine at Eskay Creek.
For more information on Romios Gold Resources Inc. contact Tom Drivas, President, Phone: 416-221-4124, Fax: 416-218-9772, Email: romios@romios.com or visit the web site at www.romios.com.

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Rye Patch Gold Corp.
Rye Patch Updates Jessup Gold
And Silver Resource Estimate
Vancouver, BC, June 2, 2009 - Rye Patch Gold Corp. (TSX.V: RPM; OTC: RPMGF) ("Rye Patch" or the "Company") announces an updated NI43 101 compliant resource estimate for the Jessup project based on the Company's 2008 drill results at the San Jacinto, North Jessup and Tosh Hill areas. The resource estimate shows an increase from the previously released (December 2007) estimate of 150% to 300,000 ounces of gold in measured and indicated category while the inferred gold ounces increased 250% to 77,000 ounces of gold. In addition, the Company updated the silver resource associated with the gold block model. A significant increase in the silver resource, as compared to the reported December 2007 estimate, is evident. The measured and indicated silver ounces increased to 5,090,000 ounces of silver from 1,655,000 ounces of silver, and the inferred resource increased from 286,000 ounces of silver to 1,146,000 ounces of silver.
Jessup Gold Resource and Jessup Co-Product Silver estimates are available on the Company's website, www.ryepatchgold.com.
Scott E. Wilson Consulting, Inc. (SEWC) of Denver, Colorado completed the new resource estimate under the direction of Scott E. Wilson who is a qualified person as defined by NI43 101. The updated NI43-101 Jessup project technical report will be posted on SEDAR at www.sedar.com.
"The 2008 Jessup drilling program was very successful in expanding the deposit and upgrading the resource in the measured and indicated categories. The near-surface oxide is still open, and several exciting new high-grade targets have been identified at San Jacinto and North Jessup. The Company is defining resources at an approximate cost of US$1 per ounce of gold and gold equivalent in all categories and at an approximate cost of US$3.50 per ounce for measured and indicated gold and gold equivalent ounces. As a comparison, global finding costs are approximately US$50 per ounce for greenfield projects and US$16 per ounce for near mine exploration. Rye Patch's finding costs are very robust and are a testament to the quality and efficiency of its exploration staff", declared William C. (Bill) Howald, the Company's CEO and President.
Based on the new geologic model, gold and silver mineralisation is open down dip and along strike to the northwest of the San Jacinto deposit. The oxide material starts at the surface, has been drilled to a depth of 125 metres (410 feet), and is still open. In addition, the drilling has defined high-grade gold and silver breccias. The geologic and block models show mineralization is open at depth and along strike. Based on gold and silver assay results of the 2008 drilling program, drillholes that encountered breccias show higher grade mineralization; therefore, the breccias represent an exciting and potentially higher grade target on the Jessup property.
At North Jessup, gold and silver are open at depth and along strike to the northwest and northeast. The mineralized structures have elevated grades and are open along strike to the northwest and at depth. These oxide targets and extensions have been prioritized for follow up drilling.
At Tosh Hill, the high-grade structurally controlled gold and silver is open to the west-northwest and east-southeast. Surface rock-chip channel samples across the Tosh Hill structure (news release 07-08) show the vein-like structural control has potential for gold values of 16 g/t Au. The Tosh Hill target requires additional follow-up drilling to understand the high-grade gold zone.
The updated gold resource estimate is based on 3-D geologic models that incorporated over 20,000 individual gold and silver assays from 36 trenches and 335 drillholes - 56 rotary, 270 reverse circulation, and 9 core drillholes including Rye Patch's 2008 45 reverse circulation drillholes. Block model grades were interpolated from twenty-foot, down-the-hole composites using inverse distance squared. No capping was required. The silver resource was prepared using the same geologic and estimation parameters as the gold block model estimation.
SEWC used industry-accepted standards to reclassify this new resource. Geologic interpretations were incorporated into the new resource which give greater confidence to the resource estimate. Cut-off grades were calculated based on referencing up-to-date costing structures that are publically available.
SEWC classified the Jessup resource by a combination of distance to the nearest sample, the number of samples, and number of holes used to estimate a block, while also taking into account project history, database quality, sample integrity and geologic understanding.
As released on June 2nd on the Company's Jessup project, and on the Wilco project on May 11, 2009, Rye Patch Gold resources now consist of 1,164,000 ounces of gold and gold equivalent in the measured and indicated category plus 2,177,315 ounces of gold and gold equivalent in the inferred category. A summary of Rye Patch Gold's precious metal inventory in Nevada, USA is posted on the Company's website.
Mr. William Howald, AIPG Certified Professional Geologist #11041, Rye Patch Gold's CEO and President, is the Qualified Person as defined under National Instrument 43-101. He has verified the information and has reviewed and approved the contents of this news release.
Rye Patch Gold maintains a strict quality control program at all of its projects. Drill samples are picked up on site by ALS Chemex's preparation and analytical facility located in Nevada. Gold analyses are conducted on 1-assay ton prepped samples with gold determined using industry standard fire assay methods, with an atomic absorption finish. Gold over limits are determined using fire assay with a gravimetric finish. Silver is analyzed using ICP-MS with silver over limits determined using aqua-regia digestion with an ICP-AES or AAS finish. Gold and Silver check assays were delivered to Florin Analytical Services LLC of Reno, Nevada. The check assay program repeated gold and silver determinations for approximately 5-percent of the 2007 and 2008 drill programs.
About Rye Patch Gold Corp.
Rye Patch Gold Corp. is a Tier 1, Nevada-focused and discovery-driven company seeking to build a sizeable inventory of gold and silver resource assets in the mining friendly state of Nevada, USA. The Company's seasoned management team is engaged in acquisition, exploration and development of quality resource-based gold and silver projects. Rye Patch Gold is developing its primary assets - the advanced-stage Wilco project located within the emerging Oreana gold trend in west-central Nevada and the Jessup project in Churchill County, Nevada. The Company has established gold and silver resource milestones and time frames in order to build a premier resource development company.
For more information on Rye Patch Gold Corporation contact Karen Robb, Investor Relations, Phone: 604-638-1588, Fax: 604-638-1589, Email: info@ryepatchgold.com or visit the company's website at www.ryepatchgold.com.

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San Gold Discovers New High Grade Zone
East of Hinge Deposits
BISSETT, MB, June 11, 2009 - Dale Ginn, CEO of San Gold Corporation (SGR: TSX-V) is pleased to announce that exploration drilling has discovered a new high grade gold zone near surface located approximately 0.5 kilometers to the east of the developing Hinge zones and 2 kilometers to the north east of San Gold's Rice Lake mine site and mill facility. Drill testing of the next hinge axis or pathway target to the east of the Hinge zone has led to this discovery and has now been confirmed by a number of drill holes. Hole #LM-09-22 encountered 25.4 g/tonne (0.74 oz/ton) over 2.1 meters (7.0 ft) within 100 meters of surface, with numerous other drill holes confirming continuity over a 100 meter strike length so far. This new discovery appears to be stratigraphically in the same horizon as the Hinge #1 lens and may be an extension of that zone. Ongoing drilling will continue to fill in the 0.5 km information void between the Hinge #1 lens and the new discovery.
Dale Ginn, CEO of San Gold stated, "San Gold geologists, led by Bill Ferreira continue to demonstrate incredible success testing their in-house structural geological model that they are using as an exploration guide. We have discovered and developed six high grade Hinge deposits within the space of one year, and are now already looking to repeat that success with the discovery of this nearby zone. It is becoming obvious that the Hinge zone is not a "one-off" but part of a much larger mineralized system that has infiltrated the multi-kilometer thick volcanic sequence that was only partially prospected in the 1920's and 1930's. Our understanding of this large "camp scale" system is accelerating rapidly within our large mine lease and land position. Discovery here can lead to immediate development and high grade production as demonstrated by currently initiated operations at the Hinge zones."
The mineralization and geological characteristics of this new discovery are identical to the Hinge zones in every respect including the presence of abundant visible gold. Surface drilling continues to expand this deposit which is completely open along strike and to depth. Drilling is also targeting the next axis or pathway target located approximately 0.5 kilometers to the west of the Hinge deposits. The currently known Hinge zones are located approximately 1.5 kms to the north-east of San Gold's operating Rice Lake and mine and mill, and are fully accessible by San Gold's private road, and all lie within San Gold's fully permitted mine lease.
This program was carried out under the supervision of W.S. Ferreira, P.Geo., and D. Ginn, P.Geo., the Qualified Persons for this project under National Instrument 43-101. Exploration drill core is split, with half sent to TSL Laboratories in Saskatoon, SK and fire assayed with an AA and gravimetric finish. Whole metallic assays were performed on samples containing visible gold. San Gold's quality control and assurance program includes the insertion of standards, the retention of pulps and rejects, and spot checks utilizing independent labs including TSL Laboratories in Saskatoon, SK and Accurassay Laboratories of Thunder Bay, ON. The core lengths are actual lengths as drilled and have not been adjusted for the true width of the mineralized zones.
For further information on San Gold Corp. contact Dale Ginn, CEO of San Gold Corporation, at (204) 794-5818 or investor information at 1-800-321-8564 or visit www.sangoldcorp.com.

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Velocity Minerals Ltd.
Releases a NI 43-101 Compliant Mineral
Resource Estimation for Mt Haskin Property
RICHMOND, BC, June 08, 2009 - Velocity Minerals Ltd. (the "Company" or "Velocity Minerals") is pleased to announce that it has received a NI 43-101 compliant Mineral Resource Estimate Report dated May 28, 2009 for the Company's Mt. Haskin molybdenum deposit. The Mineral Resource Estimate Report has been prepared for the Company by David S. Boyer, MSc., R.G., an independent professional geologist engaged by the Company and a Qualified Person (as defined in NI 43-101).
Mt. Haskin is an exploration stage property in search of a potentially viable molybdenum deposit. The estimates have been characterized by reference to CIM Definition Standards for Mineral Resources and Mineral Reserves adopted by CIM Council on December 11, 2005. The resource estimate described below was prepared based upon a 13 holes drill program completed by the Company in 2008 and historical drill log and analytical information for 24 holes drilled by Della Mines Ltd.
The work completed by Mr. Boyer included:
- Collection of all available drilling and topographic information;
- Development of a 3-D solid of mineralized domain;
- Geo-statistical analysis of the data;
- Development of a 3-dimensional exploration block model; and
- Resource estimation and classification.
An Inferred Mineral Resource is that part of a Mineral Resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from l outcrops and drill holes.
A polygonal three dimensional solid model, prepared by Mr. Boyer and based on historic and recent diamond drilling information from the Mt. Haskin property, has been defined by him as an Inferred Mineral Resource.
The Inferred Mineral Resource estimate for the Mt. Haskin molybdenum property is available on the Company's website www.velocityminerals.com. The estimate includes resources above several %Mo cut-offs.
The mineralized zone is only partially delineated and may be expanded by further exploration work. Geophysical surveys and additional diamond drilling are recommended by Mr. Boyer.
Regarding Velocity data: Sampling protocols were established by Erik Ostensoe, P. Geo., an independent Qualified Person (as defined in NI 43-101). The drill core was sampled at least every 10 feet or at intervals of interest (lithologic contacts, mineralized zones, faults). QA/QC samples (standards, blanks, duplicates) were routinely inserted every 20 samples. Analytical data (assay) verification was completed by Mr. Ostensoe and most of the standard and duplicate assay results were rechecked by Mr. Boyer to ensure accuracy of the database.
All drill locations for Velocity drill holes were surveyed by differential GPS, with sub-meter accuracy. Drill core specific gravities were not recorded but on the basis of standard tables of specific gravities of common rocks, a density of 2.65 was used to calculate the tonnage factor for resource estimation purposes.
Regarding Della Mines data: The Della Mines Ltd. analytical data were manually entered into the database from historic records for which there are no QA/QC records. Locations for historical drill holes were identified from a geo-referenced geologic map. Points used to geo-reference the map were surveyed in 2008 to enable inclusion of historic drill holes.
There is no recordation of sampling protocols or assay techniques for the historical data. Historical assays were manually entered into the database. The entry of every 10th assay was re-checked for accuracy. Zones of interest were then checked a third time to make sure historical values were entered accurately.
The Company verified the historical analytical data by twinning 3 holes. Mr. Boyer compared the historical data with assays for the three new holes and found that there was a good correlation, with correlation factors from .48 to .77 (correlation factors .5 and above are considered good).
Disclosure of detailed geological and exploration information regarding the Mt Haskin property as required by NI 43-101, may be found in the "Amended Review of Mt. Haskin and Cassiar Moly Molybdenum prospects Cassiar District Northwestern British Columbia, Canada," prepared by Erik Ostensoe, P. Geo., dated February 26, 2009 and filed on SEDAR.
About Velocity Minerals Ltd.
Welcome to Velocity Minerals Ltd., a company dedicated to the acquisition and development of advanced or high grade molybdenum mineral properties. Velocity presently owns the mineral rights to two molybdenum projects in northern British Columbia (Mt. Haskin and Cassiar Moly) and is actively pursuing other properties in North America and internationally.
The Company has a skilled management team with decades of experience in both the mining industry and public financial markets and intends to focus the majority of its efforts on the further exploration and development of the Mt. Haskin and Cassiar Moly projects.
For more information on Velocity Minerals Ltd. contact Kenneth Holmes, Chairman at 1-866-920-0567 or (604) 689-7411. E-Mail: info@velocityminerals.com or visit the website at www.velocityminerals.com.

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Special Note Regarding Forward-Looking Statements-Certain statements in the Bull & Bear’s Mining Stocks Updates and in Bull & Bear’s Featured Companies constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following: risks inherent in restrictions of foreign ownership; uncertainties relating to carrying on business in foreign countries; the Company's history of operating losses and uncertainty of future profitability, uncertainty of access to additional capital environmental liability claims and insurance; and dependence on joint venture partners. Certain forward-looking statements will be identified by a cross-reference to the Special Note. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate and similar expressions, or which by their nature refer to future events. The Company cautions investors that any forward-looking statements made by the company are not guarantees of future performance, and that the actual results may differ materially from those in the forward-looking statements as a result of various factors, including but not limited to, the Company's ability to be able to continue its substantial projected growth, or be able to fully implement its business strategies, or that management will be able to successfully integrate the operations of its various acquisitions.
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