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Gold Standard Mining to Start Winter Exploration Program on Snezhinka Mineral Deposits

Gold Standard Mining Corp. (OTCBB: GSTP), an operator of a producing gold mine in Russia, announced today that it intends to begin a winter drilling exploration program on its Snezhinka Mineral Deposits.

9 Jan 2011

Platinum Group Metal Approve $100m Mine Project

Platinum Group Metals Ltd. (PTM-TSX; PLG-NYSE:AMEX) (“Platinum Group” or the “Company”) is pleased to announce that it has approved a budget for $100m for the construction of the WBJV Project 1 Platinum Mine.

From Platinum Group Metals Ltd 15 Dec 2010

Zimbabwe Looks to Nationalized Mining

Zimbabwe is thinking of nationalizing all mines. The government of Zimbabwe has plans to nationalize 100% of alluvial diamond mining and 51% of other minerals as per the Indigenization and Empowerment Minister Saviour Kasukuwere.

From Rio Tinto plc 14 Dec 2010

Goldbrook Ventures Reports Diamond Drilling Results from Raglan Project

Goldbrook Ventures Inc. (TSX VENTURE:GBK) has announced results from its 2010 Raglan project diamond drilling program.

From Goldbrook Ventures Inc. 13 Dec 2010

South Africa Sets Up State Owned Mining Company

The African National Congress (ANC) demanded a state owned mining company way back in 2007 at its Polokwane conference. Now President Jacob Zuma has announced that the African Exploration Mining and Financing Corporation will become a full fledged state owned mining company.

12 Dec 2010

Magma Metals to Complete Scoping Study on Thunder Bay North Project in March Quarter 2011

Magma Metals Limited (TSX:MMW)(ASX:MMW) advises that completion of the Scoping Study (Preliminary Economic Assessment) on its Thunder Bay North platinum – palladium – copper – nickel project in Ontario, has been re-scheduled for the March quarter 2011.

10 Dec 2010

Sama Resources Encounters Mineralized Potential Area at Samapleu Project

Sama Resources Inc. has announced that drill programs to date have successfully confirmed the mineralized potential within the 446 square kilometre district-scale Samapleau project area including at the main Samapleu nickel, copper and platinum group metals deposit and the subsequently discovered, entirely new, mineralized bodies up to several kms from the Main Samapleu deposit.

9 Dec 2010