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Ecometals Receives Assay Results for Two Drill Holes on the Rio Zarza Gold Project

Ecometals Limited (TSX VENTURE:EC)(BERLIN:GDQ)(FRANKFURT:GDQ) - Ecometals Limited announces receipt of analytical results from drill hole RZDDH10-07 and RZDDH10-08 on the Rio Zarza gold project in Ecuador.

From Ecometals Ltd 6 Oct 2010

Analysis on Global Construction and Mining Machinery/Equipment Market

Global demand for construction and mining machinery/equipment began to plummet in 2008 due to the global economic downturn that severely affected the construction industry worldwide. Decline in demand continued through 2009 and 2010, as spending on new construction activity continued to slump

6 Oct 2010

Updates on Creso Exploration's Shining Tree Project

Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE:CXT) (FRANKFURT:C3X) is pleased to announce the following exploration updates at its Shining Tree Project.

6 Oct 2010

Capella Resources Closes Non-Brokered Private Placement

CAPELLA RESOURCES LTD. (TSX VENTURE:KPS)(PINK SHEETS:CPSJF) ("Capella" or the "Company") wishes to announce that it has closed its non-brokered private placement announced on September 16, 2010.
The first tranche of 10,000,000 flow-through shares ("FT Shares") at a price of $0.09 per FT Share closed on September 23, 2010. The FT Shares are subject to a 4 month hold period expiring on January 24, 2011.

6 Oct 2010

Avrupa Minerals Starts Field Work to Upgrade Covas Tungsten Project in Northern Portugal

Avrupa Minerals Ltd. (TSX VENTURE:AVU) is pleased to announce the commencement of fieldwork to upgrade their Covas tungsten project in northern Portugal, near the border town of Caminha. The work plan consists of collecting and geochemically analyzing 250-300 soil samples located in a 3.5 x 2.0 kilometer grid covering the project area.

6 Oct 2010

Breakwater Employees Strike as Labour Negotiations Fail

Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) Employees at Breakwater's Toqui mine in southern Chile commenced a strike at the beginning of the day shift today after labour negotiations broke off late yesterday. Agreement could not be reached on several issues. At this time no estimates can be provided as to the effect, if any, this will have on production.

From Breakwater Resources Ltd. 6 Oct 2010

Anschutz Exploration Corporation Signs Agreement to Sell its Appalachian Oil and Gas Properties

The Anschutz Exploration Corporation (AEC) announced today that it has entered into a definitive agreement to sell the Appalachian portion of its divestiture program to an undisclosed buyer.

6 Oct 2010

AM Gold Inc. Unveils Assay Results of ICE10028 Hole Mineralization

AM Gold Inc. (TSX VENTURE:AMG)(FRANKFURT:AMX) ("AM Gold" or the "Company") ASSAY RESULTS FOR THE REMAINING 39.17m OF HOLE ICE10028 ARE NOW AVAILABLE. THE ENTIRE HOLE IS MINERALIZED AND CARRIES AN OVERALL TENOR OF 0.75 g/t AU OVER ITS ENTIRE LENGTH OF 526.57m, INCLUSIVE OF 1.83 g/t AU OVER 20.25m FROM NEAR THE BOTTOM OF THE HOLE.

6 Oct 2010

Alto Ventures Announces Completion of Three Drills at Sanders Zone

Alto Ventures Ltd. is pleased to announce the assay results from three recently completed drill holes testing the Sanders Zone at the East Coldstream Gold Deposit ("Deposit") in Ontario

From Alto Ventures Ltd. 6 Oct 2010

Acrex Anxious to Begin Diamond Drilling on Grizzly-Kellar Lake Property

Acrex Ventures Ltd. ("Acrex") is pleased to announce that diamond drilling will commence this week on its Grizzly-Kellar Lake gold property (the "Property"). Acrex has an option to acquire a 100% interest on the Property (see news release dated May 18, 2010). Acrex has contracted Forages M. Rouillier Drilling Inc. of Amos, Quebec for the completion of up to 500 metres of drilling.

6 Oct 2010

Yukon-Nevada Gold Announces Positive Results from Ketza River Drilling

Yukon-Nevada Gold Corp. (Toronto Stock Exchange: YNG; Frankfurt Xetra Exchange: NG6) is pleased to announce additional favorable results from its on-going 2010 drilling program at Ketza River.

From Yukon-Nevada Gold Corp. 6 Oct 2010

Eagle Plains Reports High-Grade Gold at Yellowjacket Project

Eagle Plains Resources Ltd (TSX-V:EPL) has reported that bedrock sampling on the Yellowjacket Gold Project located near Atlin, BC has returned significant high-grade gold mineralization recently exposed by placer mining activity in an area 700m west of current exploration work. Partial results from sampling have been returned, with additional results pending.

From Eagle Plains Resources Ltd. 6 Oct 2010

Medusa Mining Confirms Dividend Payments Out of its Operating Cash Flow

The Directors of Medusa Mining Limited (TSX:MLL)(ASX:MML)(AIM:MML) has advised that at the general meeting of members held this morning the resolution was unanimously passed to amend the Company's Constitution to remove the restriction that dividends can be paid only out of profits of the Company.

From Medusa Mining Limited 6 Oct 2010

Jiminex Discovers New Gold Zones on Ontario's Pickle Lake Gold Region

Jiminex Inc. is pleased to report that the 100%-owned Misehkow River Property, Pickle Lake gold region, Ontario is now drill-ready. Condor Consulting Inc., Lakewood, Colorado, recognized experts in the field of airborne electromagnetics, were retained to interpret the 2009 VTEM airborne geophysical survey. Their report indicates the presence of 5 gold target zones which are spaced across 30 kilometres of iron formation, a favorable regional gold host rock.

From Jiminex Inc. 6 Oct 2010

Helio Updates on its Namibian Project

Helio Resource Corp (TSX-V: HRC) is pleased to provide an update on its 100%-owned (through its wholly owned subsidiary, BAFEX Exploration (Pty.) Ltd.) Damara Gold Project ("DGP"), located in Namibia.

From Helio Resource Corporation 6 Oct 2010