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American Paramount Gold Begins Initial Due Diligence on Kisita Gold Mine

American Paramount Gold Corp. (OTCBB: APGA) Further to the press release dated November 9th 2010, the Company reports that initial due diligence has commenced on the Kisita Gold Mine on which we have signed a letter of intent to acquire.

8 Dec 2010

Taku Gold Reports Mechanical Trenching Results from Portland Property, Yukon

Taku Gold Corp. (TSX VENTURE:TAK) has announced results from a mechanical trenching program completed on the 75-claim (1553ha) Portland property in late October 2010.

From Taku Gold Corp. 8 Dec 2010

Estrella Gold-Cliffs Natural Resources Allaince to Explore Mineralization in Peru

Estrella Gold Corporation (TSX VENTURE:EST) has announced it has established an exploration Alliance with Cliffs Natural Resources Exploration Inc., to explore for Iron Oxide, Copper, Gold deposits in southern Peru.

8 Dec 2010

Red Mile Minerals, McLaren Resources Enter Option Agreement to Buy 50% of Blue Quartz Property

Red Mile Minerals Corp. (TSX VENTURE:RDM) has announced it has signed an option agreement with McLaren Resources Inc (CNSX: MCL) whereby McLaren can earn 50% of the Company's interest in the Blue Quartz Property.

8 Dec 2010

Alexis Minerals to Excercise Option on Lac Pelletier Property Acquisition

ALEXIS MINERALS CORPORATION (TSX:AMC)(OTCQX:AXSMF) announces that further to its previous disclosure, the Company issued a production commitment notice to Thundermin Resources Inc. prior to September 1, 2010 to exercise its option to acquire the Lac Pelletier Property, in accordance with the September 2005 option agreement between the Company and Thundermin and related amendments thereto.

From Alexis Minerals Corporation 8 Dec 2010

Canterra Minerals Signs Three Option Agreement to Buy 74 Mineral Claims in Ontario

Canterra Minerals Corporation (TSX VENTURE:CTM) has announced that it has entered into three separate option agreements to acquire a 100% interest in a total of 74 unpatented mineral claims located in the Kenora and Patricia Mining Divisions of Ontario.

8 Dec 2010

Vedanta Resources Acquires Anglo American Zinc Mine

Vedanta Resources plc (LSE:VED) has bought the Skorpion zinc mine in Namibia from Anglo American group. The $707 million deal is part of the Anglo American sale of its zinc portfolio announced earlier in the year.

From Vedanta Resources plc 7 Dec 2010

Queensland Coal Mines Affected by Heavy Rains

Mines in Queensland, Australia are being affected by flooding caused by heavy rain over the east coast of Australia. With ten years of drought the mining companies had not planned for water management in case of floods. Now the coal mines in the region are flooded and looking more like dams.

7 Dec 2010

Fly in Fly Out Work Brings Violence to Local Communities

There seems to be a higher degree of violence in areas where miners work on a ‘fly in and fly’ out basis in Australia. As per research conducted in Queensland and Western Australia there are more cases of violent assaults in the mining community here than in other states.

7 Dec 2010

Estrella Gold, Cliffs Natural Resources Join to Explore Pampa Poroma Project in Peru

Estrella Gold Corporation (TSX VENTURE:EST) has announced the establishment of a Joint Venture with Cliffs Natural Resources Exploration Inc. for the exploration and potential development of the Company's Pampa Poroma Iron Oxide Copper Gold project in Peru.

7 Dec 2010