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Arian Silver Receives Encouraging Silver Results from San Jose Property in Mexico

Arian Silver Corporation (TSX VENTURE:AGQ)(AIM:AGQ)(FRANKFURT:I3A)(PLUS:AQG), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, has reported an update on operational activities at its 100%-owned San Jose Property in Zacatecas State, Mexico.

From Arian Silver Corporation 21 Feb 2011

Ultra Petroleum Announces Increase in Proved Crude Oil and Natural Gas Reserves by 13%

Ultra Petroleum Corp. (NYSE: UPL) today reported 4.4 trillion cubic feet equivalent of total proved crude oil and natural gas reserves for the year-ended December 31, 2010.

From Ultra Petroleum Corp. 21 Feb 2011

Breakwater Resources Announces Mineral Reserve and Mineral Resource Estimates

Breakwater Resources Ltd. (TSX:BWR)(TSX:BWR.WT.A) announces its mineral reserve and mineral resource estimates.

From Breakwater Resources Ltd. 19 Feb 2011

Golden Band Resources Arranges Private Placement with Northern Securities

Golden Band Resources Inc. (TSXV: GBN) has announced that it has arranged a private placement with Northern Securities Inc. for gross proceeds of up to $10 million with a bought deal commitment from Northern Financial Corporation, subject to certain conditions.

From Golden Band Resources Inc 19 Feb 2011

Laurentian Goldfields Intends to Use Proceedings for Drilling at Thundercloud Project

Laurentian Goldfields Ltd. (TSX VENTURE:LGF) has announced that the non-brokered private placement offering previously announced on February 3rd, 2011, has been oversubscribed by 31%.

From West Red Lake Gold Mine Ltd. 19 Feb 2011

Brilliant Mining Provides Details on Acquisition of Ivory Resources

Brilliant Mining Corp. (TSX VENTURE:BLT) has announced the closing of a private placement previously announced in a news release dated December 1, 2010, subject to final TSX Venture Exchange approval.

19 Feb 2011

Castle Resources to Use Private Placement Proceedings for Development of Granduc Property

Castle Resources Inc. (TSX VENTURE:CRI) has announced today that it has raised gross proceeds of $12,001,750 by way of a brokered private placement through Scotia Capital Inc., as lead agent, and Cormark Securities Inc., Primary Capital Inc., and D&D Securities Inc.

From Castle Resources Inc. 19 Feb 2011

Buchans Minerals Uses Net Proceedings for its Exploration and Development Projects

Buchans Minerals Corporation (TSXV: BMC) has announced that it completed a private placement offering of a total of 23,293,362 equity units at a price of $0.11 per Unit and 2,977,693 flow-though units at a price of $0.13 per Flow-Though Unit for aggregate gross proceeds of $2,949,370. Northern Securities Inc. acted as agent in the Offering.

19 Feb 2011

Chalice Gold Mines Proceeds Discussion with ENAMCO for Zara Gold Project

Chalice Gold Mines Limited (TSX:CXN)(ASX:CHN) has reported that commercial discussions with ENAMCO to agree the purchase price for their 30% paid participating interest in the Zara Project are proceeding satisfactorily.

From Chalice Gold Mines Limited 19 Feb 2011

Excalibur Resources Receives Permit to Stake Additional Claims from Sturgeon Lake Property

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT:WKN:A0MMDH) has announced it has received acceptance of all staked mining claims.

From Excalibur Resources Ltd. 19 Feb 2011

North American Palladium Intends to Use Placement Proceedings to Explore Canadian Mines

North American Palladium Ltd. (TSX:PDL)(NYSE Amex:PAL) has completed its previously announced flow-through financing through which the Company sold 2,667,000 flow-through shares of NAP on a guaranteed basis at a price of C$8.25 per share.

From Impala Platinum Holdings Limited 19 Feb 2011

Huldra Silver Signs Purchase and Sale Agreement for Treasure Mountain Mine Properties

Huldra Silver Inc. (TSX VENTURE:HDA) has announced that it has entered into a definitive Purchase and Sale Agreement dated February 17, 2011 to acquire four district lots consisting of 70.7 hectares of land located at Treasure Mountain for $350,000 from The Gak Holdings Inc.

From Huldra Silver Inc. 19 Feb 2011

Bonanza Goldfields Secures Equipment to Begin Bulk Sampling Operations at Hull Placer Tarantula Placer Project

Bonanza Goldfields Corp. (Pink Sheets: BONZ), a gold exploration and mining company headquartered in Phoenix, Arizona announces the securing and delivery of equipment to begin bulk sampling operations at the Hull Placer Load and Tarantula Claim, in Congress, Arizona, adjacent to the world famous historic Congress Mine, Congress, Arizona.

19 Feb 2011

Avino Silver + Gold Mines Begins Processing of San Gonzalo Bulk Sample

Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(OTCBB:ASGMF)(BERLIN:GV6)(FRANKFURT:GV6) has announced that processing of the San Gonzalo bulk sample began on January 18, 2011.

From Avino Silver & Gold Mines Ltd. 19 Feb 2011

Rio Verde Minerals Begins Drilling at Sergipe Potash Project in Brazil

Rio Verde Minerals Corp., a privately held company, has announced the commencement of drilling at its Sergipe Potash Project, in Sergipe state, north-eastern Brazil.

19 Feb 2011