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Newmont Mining to Acquire Fronteer Gold for $2.3 Billion

Fronteer Gold shareholders will see the world’s second largest gold producing company, Newmont Mining Corporation, take over the company in a Canadian $2.3 billion deal. This will result in a new company called Pilot Gold.

From Newmont Mining Corporation 6 Feb 2011

North Atlantic Resources to Begin 10,000 Metre Drilling at Lankafla Property

North Atlantic Resources Ltd. (TSX VENTURE:NAC) has reported that its wholly-owned subsidiary company in the Republic of Mali, North Atlantic Resources SARL, has completed the Convention d'Etablissement for a new 100% owned, convention called Lankafla.

From North Atlantic Resources Ltd. 5 Feb 2011

Sierra Resource Group Secures Financing Needed for Permitting Process to Begin Mining Operations

Sierra Resource Group, Inc. has acquired a financing commitment, which the Company believes will enable it to begin the permitting process that is necessary prior to bringing the mine back into production.

5 Feb 2011

Yukon-Nevada Gold Proposes Additional Working Capital for Expanding Jerritt Canyon Gold Mine

Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) Robert F. Baldock, the President and CEO of Yukon-Nevada Gold Corp., announces that the Company proposes to raise additional working capital by offering an incentive for the early exercise of eight series of unlisted outstanding share purchase warrants of the Company.

From Yukon-Nevada Gold Corp. 5 Feb 2011

New Agreement to Acquire All Outstanding Shares of American Bullion Minerals

Imperial Metals Corporation (TSX:III), American Bullion Minerals Ltd., ("ABML") and Red Chris Development Company Ltd. has announced they have signed a definitive agreement under which RCDC will acquire all of the issued and outstanding common shares of ABML not presently owned by RCDC.

From Imperial Metals Corporation 5 Feb 2011

SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR Enters Letter Agreement with Aurvista Gold

SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO) (FRANKFURT:VL5) announces that it has entered into a letter agreement with Aurvista Gold Corporation in connection with the acquisition by Aurvista of a 100% ownership interest in the Douay property, located in the Abitibi region of Québec.

5 Feb 2011

Terrace Resources Signs LOI to Buy 87.5% Working Interest in Los Patos Gas Unit

The directors of Terrace Resources Inc. (TSX VENTURE:TZR.P) has announced that the Company has entered into a letter of intent dated January 31, 2011 to acquire an 87.5% working interest and 65.1875% net revenue interest in certain oil gas leases referred to as the "Los Patos Gas Unit" from Eagle Energy and Development Company, a private company incorporated in Texas which is at arm's length to Terrace.

5 Feb 2011

Newmont Mining Agrees to Buy Fronteer Gold and Long Canyon Project, Nevada

Columbus Gold Corporation (TSX VENTURE:CGT) announces that its Summit gold project is adjacent to where Newmont Mining Corp. announced February 3rd that it has agreed to acquire Fronteer Gold Inc., and its Long Canyon Project for approximately $2.3 billion.

From Columbus Gold Corporation 5 Feb 2011

Frontline Gold Receives TSX-V Approval for Stewart Gold Camp Property Expansion

Walter Henry, President and CEO of Frontline Gold Corporation (TSX VENTURE:FGC) announces that the property expansion of the Poly Au-Cu Project located in the Stewart Gold Camp has received TSX-V approval.

5 Feb 2011

Desafio Minero Completes Subscription for Additional Shares of Antioquia Gold

Desafio Minero S.A.C. announced that on February 3, 2011, it completed its subscription for 19,455,495 common shares of Antioquia Gold Inc. at a price per Common Share of $0.40.

From Antioquia Gold Inc. 5 Feb 2011