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Belmont Resources and Dorex Minerals Discover New Gold Zone at Bufo Lake

Belmont Resources Inc. (TSX VENTURE:BEA)(PINK SHEETS:BEAAF)(FRANKFURT:L3L) with Dorex Minerals Inc. (TSX VENTURE:DOX) have announced that the 3-Hole drill program at the north end of Bufo Lake in the western portion of the Lumby/Bufo Property has met expectations with the discovery of a new east-west striking gold zone.

From Belmont Resources Inc. 4 Feb 2011

Equinox Minerals Updates on Expansion Strategy for Lumwana Copper Mine in Zambia

Equinox Minerals Limited (TSX and ASX: EQN) provides an update on the expansion strategy for its Lumwana copper mine in Zambia.

3 Feb 2011

IC Potash Begins Pre-Feasibility Study on Ochoa Project

IC Potash Corp. (TSXV: ICP; OTCQX: ICPTF) has announced the commencement of the Ochoa Project Sulphate of Potash ("SOP") Pre-feasibility Study.

3 Feb 2011

Goldrush Resources Signs Option Agreements to Acquire Three Gold Exploration Permits in Burkina Faso

Goldrush Resources Ltd. (TSX VENTURE:GOD) announces the signing of option agreements to earn 100% interests in three highly prospective gold exploration permits in Burkina Faso, West Africa.

3 Feb 2011

Laurion Mineral Exploration Completes Phase I Drilling Program at Sturgeon River Mine

Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) has announced that the Corporation has finished its first phase of the deep drilling program on the Sturgeon River Mine area, shutting down the drill on January 7th, 2011.

From Laurion Mineral Exploration Inc. 3 Feb 2011

First Gold Exploration Hires GENIVAR to Complete Pre-Feasibility Study of Lake Rose Deposit

First Gold Exploration Inc. (TSX VENTURE:EFG) (OTCQX:FGEXF) (FRANKFURT:F12) has engaged GENIVAR Inc. (TSX:GNV), one of the largest engineering firms in Canada, to complete a pre-feasibility study which will be compliant with National Instrument 43-101 Standards of Disclosure for Mineral Projects for the Lake Rose Lithium and Tantalum deposit.

3 Feb 2011

Atacama Pacific Gold's Mineralogical Studies Determine Principal Form of Gold from Cerro Maricunga Project

Atacama Pacific Gold Corporation (TSX VENTURE:ATM) has reported that gold mineralogical studies, undertaken to assess the mineralogical factors which may influence gold recoveries during heap leach processing, has determined that principal form of gold at its Cerro Maricunga Gold Project is fine grained native gold of a high purity, approximately 97%.

3 Feb 2011

AXMIN Agrees to Acquire Minority Interest in Nimini Hills East and West Licences

AXMIN Inc. (TSX VENTURE:AXM) has reported that it has agreed to acquire the minority interest in the Nimini Hills East and West licences held by Eldorado Gold Corporation and Flaxman Corporation NV, thereby increasing AXMIN's ownership in the Project to 100%.

From AXMIN Inc. 3 Feb 2011

Colorado Resource Receives TSX Acceptance to Buy Selwyn Properties in Yukon

COLORADO RESOURCES LTD. (TSX VENTURE:CXO) has announced further to its news release of January 12, 2011, it has received TSX Venture Exchange acceptance to acquire a 100% interest in 4 Yukon gold properties collectively referred to as the "Selwyn Properties" three of which - Sol, Nid and Bach - are located in the Macmillan Pass area, approximately 360 kilometres northeast of Whitehorse, with the Al Property located in the Aishihik Lake area, approximately 170 kilometres northwest of Whitehorse.

3 Feb 2011

Alexco Resource Announces Drilling Results from Onek Zinc-Silver Deposit in Yukon

Alexco Resource Corp. (TSX:AXR)(NYSE Amex:AXU) has announced results from 2010 follow-up core drilling at the Onek historical mine area, Keno Hill Silver District in Canada's Yukon Territory.

From Hecla Mining Company 3 Feb 2011

Mainland Resources, American Exploration Update on Merger Agreement

Mainland Resources, Inc. (OTCQB: MNLU, Frankfurt: 5MN) provides an update on the Merger Agreement between Mainland and American Exploration.

3 Feb 2011

Pacific Iron Ore Announces Increase in Iron Resources Within Bugaboo Creek Project

Pacific Iron Ore Corporation (TSX.V: POC), announces that inferred resources have nearly doubled to 14.3 million tonnes grading 60 percent recoverable magnetite within in the Bugaboo Creek iron deposits. A cut-off of 20 percent magnetite was used in the determination of this resource.

3 Feb 2011

Source Exploration Reports Additional Assay Results from Las Minas Project in Mexico

Source Exploration Corp. (TSX VENTURE:SOP) has announced additional assay results for its surface and underground rock sampling program at its recently acquired Las Minas project located in western Veracruz State, Mexico.

From Mexican Gold Mining Corp 3 Feb 2011

Wesgold Minerals Updates on Exploration Work at Snowcap Project in Yukon

Wesgold Minerals Inc. (TSX-V: WSG) has provided an update on exploration work at the Snowcap project in central Yukon Territory.

3 Feb 2011

Woulfe Mining and Korea Zinc Work to Advance Sangdong Tungsten-Molybdenum Project

Woulfe Mining Corp. (TSX VENTURE:WOF) has announced that Korea Zinc Co. Ltd. has completed its initial phase of due diligence and is satisfied with the Company's data. Korea Zinc wishes to progress the Strategic Partner transaction as announced on November 23rd 2010. Korea Zinc and Woulfe are working together to advance the project with the objective of concluding a definitive deal.

3 Feb 2011

Mining News

Belmont Resources and Dorex Minerals Discover New Gold Zone at Bufo Lake

Equinox Minerals Updates on Expansion Strategy for Lumwana Copper Mine in Zambia

IC Potash Begins Pre-Feasibility Study on Ochoa Project

Goldrush Resources Signs Option Agreements to Acquire Three Gold Exploration Permits in Burkina Faso

Laurion Mineral Exploration Completes Phase I Drilling Program at Sturgeon River Mine

First Gold Exploration Hires GENIVAR to Complete Pre-Feasibility Study of Lake Rose Deposit

Atacama Pacific Gold's Mineralogical Studies Determine Principal Form of Gold from Cerro Maricunga Project

AXMIN Agrees to Acquire Minority Interest in Nimini Hills East and West Licences

Colorado Resource Receives TSX Acceptance to Buy Selwyn Properties in Yukon

Alexco Resource Announces Drilling Results from Onek Zinc-Silver Deposit in Yukon

Mainland Resources, American Exploration Update on Merger Agreement

Pacific Iron Ore Announces Increase in Iron Resources Within Bugaboo Creek Project

Source Exploration Reports Additional Assay Results from Las Minas Project in Mexico

Wesgold Minerals Updates on Exploration Work at Snowcap Project in Yukon

Woulfe Mining and Korea Zinc Work to Advance Sangdong Tungsten-Molybdenum Project

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