Argentina Mining Play

[Ed Monton]

MDR really has legs. Now at $2.65. I'm out at $2.54.

[Ed Monton]

Those are my 400 hares on the ask at 2.53. I didn't get filled.

http://www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx

[Ed Monton]

Exeter Resource Corporation: La Cabeza Gold Project Development Program on Track

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 2, 2006) - Exeter Resource Corporation (TSX VENTURE:XRC)(PINK SHEETS:EXRCF)(FWB:EXB) reports that exploration drilling and project development studies on its La Cabeza gold project in Argentina are on track for Exeter to announce a decision to proceed to final feasibility later this year. On the basis of a positive determination, mine development activities would be expected to commence in 2007.

Exeter Chairman Yale Simpson said, "Infrastructure and development studies of the La Cabeza project have been completed over the last 12 months by Exeter staff and key independent consultants. These studies, which are summarized below, have established to our satisfaction that all the required services can be delivered to the project within an acceptable time-frame and at reasonable cost.

"As drilling continues, we have a workable template for project development at La Cabeza. Importantly, we are in a position to present preliminary, but comprehensive, mine concepts to communities near the La Cabeza site, and to the provincial government in Mendoza. We believe that working with the relevant authorities from an early stage will expedite project permitting when a go-ahead decision is reached."

Studies completed to date, as detailed below, cover a range of essential engineering, technical and development options. Further details about the individual studies are available on the Exeter website www.exeterresource.com.

Geotechnical Studies

Geotechnical logging and core orientation by Exeter's Argentina staff geologists was used by Vector Chile Limitada to carry out a first evaluation of open pit slope stability. Using conservative assumptions, Vector estimated an average pit slope angle of 55 degrees, still incorporating 50% safety factors. This is a relatively steep slope which assists in keeping the quantity of waste rock to a minimum. The logging program is continuing on drill cores and is now being supplemented by on-site point load testing to give a comprehensive evaluation of different rock strengths. These data will be re-evaluated in coming months by independent consultants to provide data of "open pit design quality".

Conceptual Mine Design

Australian Mine Design and Development, of Brisbane, Australia, ("AMDAD") used specialized software to develop conceptual open pits based upon current costs and Vector's geotechnical slope criteria. Preliminary open pit designs followed for the Cuello, Luna, Mandibula and Ojo zones, based upon Hellman & Schofield's resource estimates (see Exeter News Release dated July 27, 2005). AMDAD's report provided waste to ore(i) ratios for each conceptual open pit and led to a base case production schedule. The average waste to ore ratio for the four zones was 2.5 to 1. These data were used as a basis for a conceptual project infrastructure layout and an internal project evaluation.

Electricity Supply

Exeter engineers worked with power authorities and suppliers of generating equipment, based in Mendoza, Argentina, to compare two electricity supply alternatives for the project: the Provincial electricity grid and on-site power generation using diesel fuel. On a cost-benefit basis, electricity supply using the Provincial grid was shown to be superior, as it locks in a key component of the project operating cost. The preliminary cost of a transmission line is US$ 5-7 million. Studies in 2006 will evaluate the preferred power supplier, the supply route, and the best cost-offset options for the early production years.

Water Supply

A San Juan, Argentina water consultant, FUUNSAJ, carried out geophysical surveys over potentially large aquifers near La Cabeza to evaluate water supplies. FUUNSAJ also carried out pump tests on exploration drill holes for geotechnical purposes and to evaluate the potential contribution from the open pits. Two sites are potentially capable of meeting the project requirement of 2000 to 3000 cubic metres of water daily. Pump testing is scheduled to be completed by July 2006.

Groundwater surveys by FUUNSAJ and Exeter examined water quality for drinking water supplies. The water is slightly to moderately saline, depending on the source. The range of groundwater salinity is well within the efficient processing range of modern reverse osmosis plants for drinking water.

Road Access

Exeter engineers, Mendoza-based civil construction companies, and the Municipality of Malargue reviewed and surveyed the existing 200 kilometre-long access routes to the project area. The studies determined the roads to be generally good. First pass costs were obtained for road sections requiring repair or upgrading. Two preferred routes to the project area were selected for further evaluation during the second half of 2006. With rainfall normally restricted to a three month period of thunderstorms in summer, road maintenance appears to be straightforward.

Exeter engineers reviewed the transport logistics for typical construction and operational supplies with a number of large Argentinean transport companies. The costs on a "first pass" basis fall within the range expected for a project of this size.

Mine Accommodation

A Mendoza-based architect was contracted to produce a sympathetic conceptual design for the accommodation camp and offices incorporating the use of local materials. The design was costed by local construction companies and the cost is well within the expected range.

Engineering Consultants

Ausenco Limited of Brisbane, Australia ("Ausenco") is an independent minerals engineering and construction company specializing in international projects. Ausenco coordinated mining, metallurgical and infrastructure results into an engineering review. Capital and operating costs to +/- 25% accuracy were developed using detailed equipment lists and current cost factors. Ausenco made useful recommendations for studies to be implemented by Exeter in 2006.

Study Outcomes

At the end of 2005, all the studies described above were reviewed and incorporated into an overall development report prepared by independent engineer, H. Sandercock & Associates of Sydney, Australia ("HSA"). HSA provided capital and operating cost estimates for a project with production rates of 500,000 to 1,000,000 tonnes of ore per year. The development report formed the basis of the decision by Exeter's directors to conduct the current resource expansion drilling program.

Current Activity

The objective of these coordinated studies is to facilitate the transition from exploration to a final feasibility study. Both the final feasibility study and the environmental impact assessment study could be initiated later this year. On the basis of a positive determination, mine development activities would begin in 2007.

The second phase of development studies is now underway, as is a multi-rig exploration drilling program. The development studies will include independent database verification and resource estimations by Hellman & Schofield, Australia. An expanded geotechnical program will also be completed to better define open pit design criteria.

About Exeter

Exeter is a technically-advanced, Canadian gold exploration company, focused on the discovery of epithermal gold-silver properties in Argentina and Chile. A three-rig drilling program to discover new resources at its advanced La Cabeza gold project is a key component of project development activities, which include engineering, metallurgical, hydrological, and environmental studies. Successes from the initial part of the discovery drilling program have been announced over the past few months.

In the prospective, Patagonia region of Argentina, Exeter has a strategic partnership with Cerro Vanguardia S.A, an AngloGold Ashanti subsidiary. The agreement provides Exeter with an option over 12 epithermal gold-silver projects.

In southern Chile, Exeter has a strategic agreement with Rio Tinto Mining and Exploration Limited over epithermal gold prospects within an 800 square kilometre area. Prospecting of epithermal gold targets is currently underway.

In the Maricunga district of northern Chile, Exeter has a strategic agreement with Anglo American Limitada and Mantos Blancos S.A. on epithermal gold properties.

You are invited to visit the Exeter web site at www.exeterresource.com.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "inferred resource", that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure contained in our Form 20-F Registration Statement, File No. 000-51016. You can review and obtain copies of our filings from the SEC's website at http://www.sec.gov/edgar.shtml.

Safe Harbour Statement - This news release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 referring to the current and future size, development, and commercial viability of the La Cabeza gold project. These statements reflect our current belief and are based upon currently available information. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of Exeter.

(i) The use of the term "ore" is in the context of the common mining expression "waste to ore ratio" or "stripping ratio" and is not intended to imply that the inferred resources used in this study have any economic status as "ore" as defined in NI 43-101 and the relevant CIM guidelines.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

[Ed Monton]

The hole is a good one but most of the other holes are lower grade. I like that it bottoms out in over 3g/ton stuff.

They seem to have a good collection of properties. The silver property optioned to Apex looks promising.

I wish I had looked at this company a few months ago when it was under .50

[Tackler]

[Ed Monton]

I bought (don't laugh) 400 shares at $1.09 yesterday. I wish I had a lot more.

[Tackler]

Banana time?...

[Ed Monton]

Here we go.


Mansfield intersects 1.65 g/t Au over 274 metres


2006-02-28 17:43 ET - News Release

Mr. Gordon Leask reports

LINDERO RETURNS EXCEPTIONAL DRILL HOLE LDH-19

Mansfield Minerals Inc. has received assay results from an additional six diamond drill holes at its 100-per-cent-owned Lindero property, Salta, Argentina. The following is a synopsis of the more significant intervals from the final drill holes of the recently completed drill program.

 
 Hole        Interval  Intercept     Au 
               (m)        (m)      (g/t) 
  
 LDH-17       0 - 80        80      1.35 
 incl.        0 - 50        50      1.82 
  
 LDH-18     30 - 150       120      0.88 
 incl.      44 - 116        72      1.08 
  
 LDH-19      0 - 274       274      1.65 
 incl.       0 - 178       178       2.1 
 incl.      36 - 110        74      3.17 
  
 LDH-20      0 - 116       116      0.88 
 incl.       24 - 86        62      1.22 
 and       212 - 246        34      0.48 
  
 LDH-21     82 - 166        84      0.85 
  
 

All reported assay intervals are true widths.

In addition, hole LDH-16 was drilled to a depth of 150 metres to test for buried mineralized extensions north of the known surface manifestation of mineralization. This hole was collared 150 metres north of the mineralized surface outcrops and drilled away from the Lindero deposit. No significant intervals were returned.

Gold mineralization at Lindero is intrusive hosted within a dioritic porphyry. Ore grade mineralization in the main zone is hosted in an intense magnetite and quartz-magnetite stockwork which correlates with strong potassic alteration.

Aggressive follow-up drilling will commence as soon as is practical with the objective of further delineation and definition of the Lindero deposit. In conjunction with drilling, the company will undertake large diameter column leach testing and geotechnical studies with a view to completing a prefeasibility study on a timely basis. This information will provide the basis for the company's consultants to calculate a revised resource figure using a series of appropriate cut-off grades.

Security -- chain of custody and quality control

Two-metre lengths of HQ core samples were halved with a diamond saw and bagged at the field facility. The bags were tied with plastic colour-coded security ties. Sample bags were then placed in shipping boxes and couriered by company vehicle to the Acme Analytical Laboratories SA prep lab in Mendoza, Argentina. The prepped samples were then shipped by Acme to its lab in Santiago, Chile, where they were fire assayed for gold.

The company employs a quality control program consisting of reassaying randomly selected coarse reject samples, and insertion of coarse standard samples and blanks.

[Ed Monton]

And check out these silver grades. Ohhh Ahhh !!

Mon Feb 27, 2006
High-Grade Gold-Silver Mineralization Uncovered at La Frontera, Argentina

--------------------------------------------------------------------------------

View News Release in PDF Format

Vancouver, British Columbia - Mansfield Minerals Inc. (TSX - MDR)
February 27, 2006

Mansfield Minerals Inc. ("Mansfield") has been notified by Apex Silver Mines Ltd. ("Apex") that trenching on Mansfield's La Frontera property located in western Catamarca Province, Argentina has exposed high-grade silver-gold mineralization over a structural trend exceeding 1500 metres in length. In several trenches, high-grade mineralization occurs at the end of the trench, suggesting that the mineralization may be wider than currently indicated. The results of the more significant mineralized intervals are summarized below.

 
                 Width     Au      Ag     Ag 
                (metres) (g/t)    (g/t)  (opt) 
 North Trench     6.2     0.60    2344.0  71.00 
 Trench II       38.0              415.7  12.60 
    incl         10.0             1253.0  38.00 
 Trench VIb      24.0     0.60     207.0   6.30 
 Trench V1a       6.0     2.76      18.0   0.54 
    and           2.0     8.35   
 Breccia Sur     14.0               71.0   2.15 
    incl          2.0     3.23     290.0   8.80 
  
  
  
 

........


In addition, sampling on a separate zone (Amethyst Zone) located one kilometre northwest of the main mineralized trend has returned erratic yet significant values of gold and silver. In excess of 80 samples were assayed with values ranging from nil to 4.3 g/tonne Au and from nil to 43 g/tonne Ag. The Amethyst Zone comprises an area of intense stockwork and sheeted quartz-adularia veining which measures 250 metres by 300 metres. Geological elements suggest the Amethyst Zone may represent a low-grade silica cap above higher grade mineralization at depth.

Apex has indicated that the follow-up program will comprise additional trenching and pitting in conjunction with a substantial drill program.

Apex may earn an initial 55% interest in the property by spending US$2,000,000 in exploration expenditures and making US$600,000 in property payments over 4 years, and may earn an additional 10% interest by spending USD$1,000,000 in exploration expenditures in the 12 month period following vesting.

A map of the trench locations has been posted on the Company's website and can be viewed at www.mansfieldminerals.com/s/LaFrontera.asp.

Qualified Person and Quality Assurance and Control

Apex's exploration program is supervised by Robert B. Blakestad, M.Sc., P. Geo., and Apex's Vice President, Exploration. Analysis is being performed by Alex Stewart Laboratories, Mendoza, Argentina, and includes a regular program of sample checks and repeats as well as blanks and standards. Multi-acid digestion is utilized in conjunction with 35-element ICP analysis and fire assay with gravimetric finish is employed for precious metals analysis.

About Mansfield Minerals Inc.

Mansfield is a mining exploration company which has focused its activities in northwestern Argentina since August 1994. The Company continues to develop its wholly owned Lindero gold deposit. Recently reported drill results (see news release dated Feb 10, 2006) confirmed the potential to substantially increase both the grade and size of that deposit.

The Company has filed a 43-101 technical report on its Fireweed property. To view the report, please visit www.sedar.com.

This news release was reviewed and the contents have been verified by John M.. Leask, P.Eng., Director of the Company and a Qualified Person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

On behalf of the Board of Directors,

"Gordon P. Leask"

Gordon P. Leask, P.Eng.
President

For more information please visit our website at www.mansfieldminerals.com or contact Kareen McKinnon at [phone].

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

[Ed Monton]

Supposedly halted for Lindero drill results. Here is the last set of holes.

Could be the next VYE ???

Fri Feb 10, 2006

Mansfield Drills Highest Grade Intercept to Date at Lindero, Argentina

--------------------------------------------------------------------------------

View News Release in PDF Format

Vancouver, British Columbia - Mansfield Minerals Inc. (TSX - MDR)
February 10, 2006

Mansfield Minerals Inc. (the "Company") has received the first five drill holes from its ongoing diamond drill program at the 100% owned Lindero property, Salta, Argentina. The following is a synopsis of the more significant intervals received to date from the current program.

 
 -------------------------------------------------------- 
                                 Intercept 
                      Interval      Length           Gold 
 Hole Number           (metres)    (metres)  (grams/tonne) 
 -------------------------------------------------------- 
 LDH - 11               3 - 59          56           0.66 
 LDH - 12              0 - 180         180           1.12 
              incl.     0 - 52          52           2.20 
              incl.     0 - 30          30           3.10 
 LDH - 13             16 - 106          90           0.86 
               and   118 - 168          50           0.94 
 LDH - 14               2 - 42          40           1.09 
               and    70 - 152          82           0.91 
 LDH - 15*           110 - 204          94           0.74 
              incl.  110 - 166          56           0.90 
              incl.  110 - 134          24           1.39 
 -------------------------------------------------------- 
 * This hole bottomed in material grading 1.26 grams/tonne at 250 metres 
  
  
 

.........


Prior to this drill program, the Lindero deposit was determined to host 29,953,000 tonnes at 1.08 grams/tonne gold (1,035,900 oz gold in the inferred category) using a 0.6 gram/tonne cut-off. This resource was estimated by Rio Tinto Mining and Exploration Ltd. and audited by Roscoe Postle Associates Inc. in October 2003 (for further information see the Company's news releases of September 22, 2003 and November 26, 2004).

The drilling to date has been successful in expanding the mineralized footprint of the Lindero deposit to the north and southeast, as well as establishing that substantially higher grade mineralized material occurs within the deposit. Intrusive hosted stockwork gold mineralization was also observed extending into the surrounding red-bed sediments along Archibarca trending structures (Az 120º).

With the potential for higher grades and larger tonnages indicated by this most recent exploration work, an aggressive follow-up drill program will be designed upon completion of the current program.

A map of the drill hole locations has been posted on the Company's website and can be viewed at www.mansfieldminerals.com/s/Lindero.asp.

Security - Chain of Custody and Quality Control

Two metre lengths of HQ core samples were halved with a diamond saw and bagged at the field facility. The bags were tied with plastic color-coded security ties. Sample bags were then placed in shipping boxes and couriered by company vehicle to the Acme Analytical Laboratories S.A. prep lab in Mendoza, Argentina. The prepped samples were then shipped by Acme to their lab in Santiago, Chile where they were fire assayed for gold.

The Company employs a Quality Control program consisting of re-assaying randomly selected coarse reject samples, insertion of coarse standard samples and blanks.

About Mansfield Minerals Inc.

Mansfield is a mining exploration company which has focused its activities in northwestern Argentina since August 1994. The Company's current significant properties and projects consist of mineral rights covering approximately 260 square miles in three Argentine provinces and one Canadian province.

The Company has re-filed 43-101 technical reports on its Lindero and La Frontera properties. To view the reports, please visit www.sedar.com.

This news release was reviewed and the contents have been verified by the Company's Qualified Person, Gordon P. Leask, P.Eng.

On behalf of the Board of Directors,

"Gordon P. Leask"

Gordon P. Leask, P.Eng.
President

For more information please visit our website at www.mansfieldminerals.com or contact Kareen McKinnon at [phone].

The TSX Venture Exchange does not accept responsibility for the

[Ed Monton]

Mansfield Minerals halted at 8:44 a.m. PT


2006-02-27 11:46 ET - Halt Trading

[Ed Monton]

Viceroy Exploration hires personnel for Gualcamayo


2006-02-23 10:29 ET - News Release

Mr. Patrick Downey reports

UPDATE ON COMPANY ACTIVITIES

Viceroy Exploration Ltd. has released the following update on the continuing activities within the company as it moves toward a production decision at its wholly owned Gualcamayo gold project. Specific highlights include:


appointment of senior operations management in Argentina and Vancouver;
appointment of the engineering consultants for the feasibility study;
progress on a new resource update and updated preliminary economic assessment;
continuing regional exploration at Gualcamayo;
commencement of a grade reconciliation program at Gualcamayo, supervised by AMEC Americas Ltd.; and
commencement of a first-stage exploration program at the company's wholly owned Evelina property, located 15 kilometres from Barrick Gold Corp.'s Veladero property in the High Andes.

With the closing of the recently disclosed $60-million financing, the company is positioned to rapidly advance its plans to achieve its production target schedule for the end of 2007.

Appointments of senior personnel

The company has made the following senior personnel appointments. These individuals will play a critical role in the company's development.

Mario Hernandez, vice-president, corporate communications and development, Minas Argentinas SA (MASA)

MASA is the company's wholly owned Argentinean subsidiary which holds all of the company's assets in Argentina. Mr. Hernandez has been with MASA for over 15 years and has been instrumental in its growth and development. He graduated from the University of San Juan in geology and is from Jachal, the nearest local provincial town to the Gualcamayo project. He is well known in the community, and will be responsible for community and government relations as the project proceeds through permitting as well as development.

Jorge Palmes, operations manager, MASA

Mr. Palmes has recently joined Viceroy from Barrick's Veladero project, where he was responsible for process operations. He worked on the Veladero project during engineering through construction of the heap-leach facility, and successfully managed the plant commissioning and start-up. Prior to this, Mr. Palmes was part of the design team on the feasibility study for the Pascua-Lama project.

Prior to joining Barrick, Mr. Palmes worked as the concentrator superintendent at the Baja de Alumbrera copper-gold project in Catamarca province in Argentina. Before that, he was the process engineer/metallurgist for American Resource Corp. at its Goldfield heap-leach operation in Nevada.

Mr. Palmes has a degree in mineral processing from the University of San Juan and a master's degree in engineering from the University of British Columbia.

Mr. Palmes brings strong management, process and operations skills to MASA. His recent heap-leach construction, permitting and operations experience at the Veladero heap-leach project in San Juan province will be of great assistance to MASA as it proceeds to the goal of production.

Jim Healy, civil and mining superintendent, MASA

Mr. Healy recently joined Viceroy from Canico, where he was responsible for the mining and civil works of the Mineracoa Onca Puma nickel-latterite project in Brazil. Prior to that, Mr. Healy was the mining superintendent at Inco's Goro project in New Caledonia. Previously, Mr. Healy worked for 16 years in various roles for BHP Minerals, including as construction superintendent at the Ekati diamond mine in Northern Canada, chief mining engineer at the Syama gold mine in Mali and operations manager at the Senakin coal mine in Indonesia. Mr. Healy has extensive international experience in mine construction, commissioning, and also training of locals in equipment operations and maintenance.

Dale Tweed, engineering manager, Viceroy

Mr. Tweed recently joined Viceroy as engineering manager, where he will be responsible for all technical aspects of the feasibility study, detailed engineering and construction management. Most recently, Mr. Tweed worked as a project manager for AMEC, an international engineering and construction firm. Prior to that, he worked for Diavik Diamond Mines Inc., where he managed the contractors on the $850-million diamond mine. Mr. Tweed has also worked on the design and construction of several international mining projects, in South America, including BHP Billiton's Escondida copper project, Southern Peru Copper's Cuajone project and the Phelps Dodge Cerro Verde project.

New resource, updated preliminary economic assessment and feasibility study

A new resource calculation is currently under way. This is being completed by Ron Simpson, PGeo, an independent consultant under the terms of National Instrument 43-101. The new resource update will include the 2005 infill drilling at Quebrada del Diablo (QDD) and also the drilling on the QDD western extension. The basis of the 2005 program was to provide sufficient drill density for mine planning for the upcoming feasibility study and to test the western extension of the main orebody, a significant portion of which remains untested and will continue to be drilled through 2006. The new resource estimate will also include the Amelia Ines and Magdalena resources, which also remain open to the west toward target 3-D.

The new resource will form the basis of an updated preliminary economic assessment, which will be completed by Wardrop Engineering Ltd. of Vancouver.

Wardrop has also been appointed as the lead engineering firm for the upcoming feasibility study, which includes the following consulting groups:


Golder Associates Ltd. for geotechnical and pad design;
Knight Piesold Argentina Consultores SA for environmental baseline studies and environmental impact statement (EIS) report; and
Resource Development Inc. (RDi) for metallurgical testwork.

Golder is currently supervising the geotechnical drilling program for the pit slope and ore pass designs. It is also supervising the geotechnical drilling for the pad design. It should be noted that the company has located several thousand tonnes of fine-lacustrine clays on the property, located approximately 500 metres from the proposed leach pad sites. Golder completed a series of tests on these clays and reported to the company that it is suitable as a pad underliner material. This will save the company significant costs to purchase and transport such material for this purpose.

Baseline studies are progressing well under the management of Knight Piesold. Viceroy recently completed a pump test including drawdown and recharge of an aquifer located on the property. The results show that this aquifer will provide more than sufficient water for the process and plant needs.

RDi has commenced a series of 10 column-leaching tests at the University of San Juan in Argentina. Additional column leaching, bottle-roll leaching and other metallurgical studies are also under way at the RDi facilities in Wheat Ridge, Colo. This work will provide metallurgical data that will be employed in the process plant design, and provide additional data required for final heap detoxification and closure plans.

Continuing regional exploration

Over the past number of months, the company has been conducting a surface mapping and sampling program on its extensive land package at Gualcamayo. Results to date have indicated several prospective areas of mineralization. The company also recently completed a regional aeromagnetic survey. This survey indicated a large five-kilometre-wide and 25-kilometre-long structural corridor with similar age intrusives to the main QDD intrusive.

The company is in the process of constructing access roads to two of the most attractive targets, with drilling expected to commence in late March to early April of 2006.

Grade reconciliation program

The gold system at the main QDD deposit is located in a series of limestone and marble breccias. The gold has a fine-grained quality (one to five microns) and over 95 per cent of gold mineralization is within the matrix of the breccia. The company has observed up to 20-per-cent differences in the grade of the mineralization between diamond and reverse-circulation assay results. The company believes that grade differences between hole types may be due to the gold-hosting breccia matrix being washed away during diamond drilling.

After a preliminary review of project data, AMEC concluded that examination of potential fines loss was warranted and has recommended a series of five true twin reverse-circulation and diamond holes across the deposit. True twinning will reduce spatial variance and allow better comparison of gold grade differences between reverse-circulation and diamond drilling. The twinning program will require drilling and sampling diamond drill holes, filling the holes with foam, then reaming and sampling the hole with a reverse-circulation drill. AMEC will supervise all work, will review true twinning results and will comment on any potential fines losses. AMEC will also advise if any further work is warranted.

Evelina exploration

The Evelina project is located about 15 kilometres to the northwest of Barrick's Veladero property in the High Andes. Some previous work was done on the project under a joint venture with Barrick in 1999 to 2000.

The company reviewed the results and determined that the property merited further work. The project is a high-sulphidization system similar to Veladero. A limited campaign of surface sampling and mapping was completed in early February and, once results are obtained and analyzed, the company will decide on the next level of work for this season.

Summary

In summary, Patrick Downey, president and chief executive officer of Viceroy Exploration, stated: "We have progressed significantly since we commenced work on the Gualcamayo project in late 2003. I am looking forward to the new resource and preliminary economic assessment, which will set out the development plan for Gualcamayo.

"The feasibility is well in hand and the permitting is progressing as planned. We have strong local support for the project. The Governor of San Juan, the subsecretary of mines and the mayor of Jachal recently visited the project, and expressed their strong support for the development of the project.

"I am also very pleased to welcome our new senior team members. The fact that we can attract such highly qualified persons to the project speaks volumes as to the quality of this asset.

"Our recent financing leaves us with sufficient available cash to rapidly pursue our development and exploration programs over the next 18 months."

Quality control

Exploration on the Gualcamayo project is being conducted under the supervision of Rick Diment, PGeo, the company's qualified person as defined under National Instrument 43-101. All samples are collected in accordance with industry standards. Samples are submitted to Alex Stewart Assayers Argentina SA, in Mendoza, Argentina, for fire assay and ICP analysis. Check assays are submitted to ALS Chemex, an ISO-9001:2000-certified lab, in its Santiago, Chile, facility. Accuracy of results is tested through the systematic inclusion of standards, blanks and check assays.

[Ed Monton]

Whats up ?

[Ed Monton]

Exeter Resource Corporation: Gold Discovery Continues to Expand La Cabeza Mineralization

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Feb. 20, 2006) - Exeter Resource Corporation (TSX VENTURE:XRC)(PINK SHEETS:EXRCF)(FWB:EXB) has discovered a new zone of gold mineralization adjacent to the Luna deposit at its La Cabeza gold project in Argentina.

The new mineralization outcrops west and south of the known Luna Zone, in an area not previously sampled by Exeter geologists. Two sets of quartz veins have been mapped at surface over a length of 250 metres (820 feet). The discovery is thought to be an extension to the Luna Zone but may be a faulted offset to the known deposit.

Recently drilled rotary air blast ("RAB") drill holes in an area approximately 200 metres (650 feet) southeast of the discovery have intersected similar quartz veining. Each RAB drill hole returns a single 3 metre (10 ft.) composite sample of bedrock, directly below the overlying sands. Although assay results are yet to be received for all of the new holes, one of the RAB holes intersected 8.2 g/t gold. This gold result and the distribution of drill holes with quartz veining (yet to be assayed), indicates a potential strike length to the Luna extension of +500 metres (1640 feet). RAB drilling is currently in progress northwest of the new zone.

Three reverse circulation ("RC") drill holes have now tested the outcropping portion of one of the two new vein sets. The drill holes intersected 6 metres at a grade of 2.0 grams per tonne ("g/t") gold, 6 metres at a grade of 2.5 g/t gold and 6 metres at a grade of 1.0 g/t gold respectively. Three continuous rock chip sample traverses over the outcropping portion of the veins have returned, respectively, widths of 29 metres at a grade of 1.8 g/t gold, 9 metres at a grade of 3.0 g/t gold and 8 metres at a grade of 2.7 g/t gold.

Exeter Chairman, Yale Simpson stated: "We continue to expand the La Cabeza gold system. The latest results follow closely behind our announcement of positive drilling results on the Cuello zone south of Luna. Remarkably, our geologists are still finding new outcropping gold mineralization: although we believe that the most significant discoveries yet to be made will likely be under the areas of sand that surround the mineralized hills. For example, RC drilling of a new promising gold target located next to the Ojo Zone is now underway. RAB drilling on this target returned multiple holes with strongly anomalous gold values (see news release December 1, 2005)."

The new Luna mineralization will be tested by RC drilling as part of the current drilling program at La Cabeza.

The rock chip traverses were typically on sections 25 metres apart, testing a northwest trending zone of veining, sub-parallel to the main mineralization within the Luna zone. Sawn channel sampling has been planned as follow up to the rock chip traverses.

Quality Control and Assurance

The assay results presented above are preliminary and have been calculated using a 0.5 g/t gold cut-off grade, with no cutting of high grades. Samples were prepared at the ALS Chemex preparation facility in Mendoza and assayed by fire assay (50 gram charge) at the ALS Chemex laboratory in Chile.

Check assaying of all samples assaying greater than 1.0 g/t gold will be completed by ALS Chemex. Standard, blank and duplicate samples are used throughout the sample sequence as checks. Note that the sample length of the continuous rock chip traverses is actual length of sample collected, irrespective of topography or orientation of mineralization.

Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

About Exeter

Exeter is a technically-advanced, Canadian gold exploration company, focused on the discovery of epithermal gold-silver properties in Argentina and Chile. The current three-rig, drilling program at its advanced La Cabeza gold project is a key component of project development activities that include engineering, metallurgical, hydrological, and environmental studies.

In the prospective Patagonia region of Argentina, Exeter has a strategic partnership with Cerro Vanguardia S.A, an AngloGold Ashanti subsidiary. The agreement provides Exeter with an option over 12 epithermal gold-silver properties.

In southern Chile, Exeter has a strategic agreement with Rio Tinto Mining and Exploration Limited over gold prospects within an 800 square kilometre area. Prospecting of gold targets is currently underway.

In the Maricunga district of northern Chile, Exeter has a strategic agreement with Anglo American Limitada and Mantos Blancos S.A. on epithermal gold properties.

You are invited to visit the Exeter web site at www.exeterresource.com.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President and CEO

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "inferred resource", that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure contained in our Form 20-F Registration Statement, File No. 000-51016. You can review and obtain copies of our filings from the SEC's website at http://www.sec.gov/edgar.shtml.

Safe Harbour Statement - This news release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements reflect our current belief and are based upon currently available information. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of Exeter.

[Ed Monton]

Marifil Mines to buy Suerte II from MIM Exploraciones


2006-02-06 09:18 ET - News Release

Mr. John Hite reports

MARIFIL EXPANDS TORUEL PROPERTY HOLDINGS

Marifil Mines Ltd. has signed a definitive agreement with MIM Exploraciones SA, a wholly owned subsidiary of XStrata, to acquire the 3,000-hectare Suerte II property, which adjoins the company's wholly owned Toruel project in Rio Negro province, Argentina. Two previous drill programs by the company have intercepted several significant silver-copper and other base metals values in ore shoots hosted by fault-controlled breccia veins at Toruel (see news in Stockwatch Jan. 9, 2006). This latest property agreement brings Marifil's propertyholdings at Toruel up to 34,921 hectares.

The agreement calls for the company to spend $178,000 (U.S.) in exploration on the property over the next five years and provides it with an option to purchase 100 per cent of the property for $375,000 (U.S.).

The Suerte II property contains the East Fluorite, Seba, Ancha and Canyon veins. The Ancha vein is up to eight metres wide and traced for more than 700 metres. The Canyon vein is up to 10 metres wide and traced for more than 1,500 metres.

Dick Walters, executive vice-president of Marifil, and several of Marifil's geologists discovered the Canyon and Ancha veins a short distance south of the east fluorite vein while examining the local geology. Mr. Walters says: "We have found many veins on our original Toruel property that display strong characteristics of high-level epithermal mineralization, including being distinctly geochemically anomalous in gold mineralization, that are of substantial width and exceed a kilometre in length. I am highly confident our geologists will find more of the same on this new ground once we begin a systematic exploration program."

The company has already started detailed mapping and sampling of these veins. A ground magnetometer study will begin shortly and sampling already reveals several areas containing anomalous gold.

The company is now planning a phase 3 drilling program which will test continuity and grade of several high-grade ore shoots in the main Toruel vein as well as exploration drilling of other veins on this important silver-copper prospect.

This press release has been reviewed and approved by John Hite, president of Marifil, and by Richard Walters, vice-president, under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are qualified persons as defined by National Instrument 43-101.

[Ed Monton]

IAU

[Ed Monton]

Exeter extends gold mineralization on Cuello zone


2006-02-15 05:48 ET - News Release

Mr. Bryce Roxburgh reports

EXETER RESOURCE CORPORATION: DRILLING EXTENDS CUELLO ZONE GOLD DISCOVERIES AT LA CABEZA

Exeter Resource Corp. has extended the discovery of gold mineralization on the Cuello zone of its La Cabeza gold project through diamond drilling.

Preliminary assay results include intercepts of 6.6 metres at a grade of 4.8 grams per tonne gold and four metres at a grade of 4.5 grams per tonne gold from drill holes in the Cuello Central vein. Drilling results from the Cuello East vein include a new intercept of 10.5 metres at a grade of 6.4 grams per tonne gold. At Cuello West, two new drill holes successfully intersected gold mineralization within the defined extent of the zone. The Cuello East and Cuello West discoveries were first announced in Stockwatch in August, 2005.

Company chairman, Yale Simpson, commented: "These results extend our earlier discoveries at the Cuello zone. The Cuello East and the Cuello Central veins remain open along strike to the south and at depth. The new Cuello West vein is open in all directions. These new results and other recent discoveries at La Cabeza demonstrate the growth potential of the project and will be reflected in a new resource estimate.

Cuello East drilling to date has largely been limited to one drill section due to access limitations; however, the gold mineralization has now been defined over a 200 metres vertical depth. The latest drill hole, LCD-83, intersected two zones; an upper zone with 10.5 metres at a grade of 6.4 g/t gold and a lower zone with 2.1 metres at 3.1 g/t gold. Significantly, this new drill hole intersected the zone midway (down dip) between earlier drill holes, LCD-24 and LCD-62, both of which were also mineralized (see Exeter news release dated October 14, 2005).

On the Cuello Central Vein, diamond drill holes LCD-79, LCD-80, and LCD-84 were sited as infill drill holes between previous drill sections. The holes are part of the ongoing definition drilling program to raise the confidence level of previously estimated "inferred" resources to "indicated" or "measured" resources. The drill intercepts were generally as predicted from previous drilling.

On the Cuello West Vein, diamond drill holes LCD-78 and LCD-81 were drilled to follow up on LCD-61, which had intersected three mineralized intervals (see Exeter news release dated October 6, 2005). LCD-78 was located 25 metres north of the discovery hole, LCP-169 (6 metres at a grade of 15.5 g/t gold), and 145 metres south of the northernmost drill hole LCP-175. The new drill hole, LCD-78, intersected 2 metres at 4.5 g/t gold from a depth of 19 metres, followed by 1.2 metres at 4.8 g/t gold, confirming that the vein likely extends to surface (below a veneer of sand). Diamond drill hole LCD-81, located in the central area of the Cuello West vein, intersected a 7 metre zone at a grade of 2.8 g/t gold from a depth of 44 metres, in line with the predicted grade at that location. The Cuello West veins will now be drilled to test potential strike extensions to the north and south.

Current Exploration

The project's diamond drill rig is currently sited on the Mandibula Zone to test for strike and width extensions to the zone, and to perform infill drilling to upgrade the inferred resource. A multipurpose diamond and reverse circulation drill rig is drilling the Central Vein Zone, and potential extensions to the Luna Zone. The RAB drill rig currently is testing a gold target under shallow sand cover midway between the Mandibula and Ojo Zones.

The location of the various mineralized zones can be found on the Exeter website: www.exeterresource.com.

Quality Control and Assurance

The gold assay results presented above are preliminary and have been calculated using a 0.5 g/t gold cut-off grade, with no cutting of high grades. Samples were prepared at the ALS Chemex preparation facility in Mendoza and assayed by fire assay (50 gram charge) at the ALS Chemex laboratory in Chile.

Check assaying of all samples assaying greater than 1.0 g/t gold will be completed by ALS Chemex. Standard and blank samples are used throughout the sample sequence as checks. Note that the drill widths presented above are drill intersection widths and may not represent true widths.

Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

About Exeter

Exeter is a technically-advanced, Canadian gold exploration company, focused on the discovery of epithermal gold-silver properties in Argentina and Chile. The current three-rig, drilling program at its advanced La Cabeza gold project is a key component of project development activities that include engineering, metallurgical, hydrological, and environmental studies. The objective of the drilling program is to upgrade and significantly expand previously-estimated inferred and indicated gold resources.

In the prospective Patagonia region of Argentina, Exeter has a strategic partnership with Cerro Vanguardia S.A, an AngloGold Ashanti subsidiary. The agreement provides Exeter with an option over 12 epithermal gold-silver properties.

In southern Chile, Exeter has a strategic agreement with Rio Tinto Mining and Exploration Limited over epithermal gold prospects within an 800 square kilometre area. Prospecting of epithermal gold targets is currently underway.

In the Maricunga district of northern Chile, Exeter has a strategic agreement with Anglo American Limitada and Mantos Blancos S.A. on 7 epithermal gold properties.

You are invited to visit the Exeter web site at www.exeterresource.com.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "inferred resource", that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure contained in our Form 20-F Registration Statement, File No. 000-51016. You can review and obtain copies of our filings from the SEC's website at www.sec.gov/edgar.shtml.

Safe Harbour Statement - This news release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements reflect our current belief and are based upon currently available information. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of Exeter.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

[Ed Monton]

No idea huesos.

[huesos]

What's the relationship between Ballad and the Grosso group? Are they something like a satellite entity? I've never seen as much irrational venom directed against any one in the sector as Grosso. Even been personally attacked by web promoters for being an Ima shareholder. Kind of makes you wonder never having met the guy.

[Ed Monton]

Ballad Gold still waiting on Penascudo


2006-01-20 20:10 ET - News Release

Mr. Anthony Beruschi reports

PENASCUDO UPDATE

Ballad Gold & Silver Ltd. is providing information on its progress on the Penascudo gold and silver project in Chubut province, Argentina.

Ballad's Argentinean representatives continue to work with local authorities to resolve considerations raised by two of 12 interested parties with surface rights to Ballad's Penascudo gold and silver project. Ballad's Argentinean subsidiary, San Antonio, now holds the minas granted by the Argentinean government. These minas, transferred from Golden Arrow Resources Corp., provide Ballad with the rights to carry out advanced exploration and mining on the Penascudo project.

Ballad's crews are standing by. Upon receival of the resolution of the surface-rights holders' considerations by the authorities, an environmental study focused on project development, including further surface sampling, mapping, trenching, drilling and bulk sampling will begin.

Ballad continues to develop and build contacts with the local community and landowners in Argentina in connection with its planned exploration and development at Penascudo.

[Ed Monton]

Golden Peaks hits 18.34 g/t Au in 5.15 m at La Fortuna


2006-01-20 11:27 ET - News Release

Mr. Scott Emerson reports

LA FORTUNA YIELDS HIGH GRADE DRILL RESULTS

Golden Peaks Resources Ltd. has made a significant discovery from its continuing diamond drilling program on the La Fortuna project in Patagonia, Argentina. Seven holes drilled on the T11 zone intersected high-grade gold mineralization within broad zones of shallow, moderate-grade gold mineralization. Assays are awaited for LF-9.

 
  
 Hole     Gold  Intersec-   From     To 
          (g/t)   tion (m)    (m)    (m) 
   
 LF-7     3.65      50.00   4.00  54.00 
 incl.    6.70      23.50  18.50  42.00 
 incl.   11.66       6.00  23.00  29.00 
 incl.   10.68       7.70  31.30  39.00 
    
 LF-9                    assays awaited 
   
 LF-8     3.62      23.00   9.00  32.00 
 incl.    7.24       6.00   9.00  15.00 
   
 LF-10    2.00      59.85  20.70  80.56 
 incl.    5.13      17.30  20.70  38.00 
 incl.   10.58       8.30  20.70  29.00 
 incl.    8.88       1.90  52.10  54.00 
   
 LF-11    5.72      38.00   3.00  41.00 
 incl.   10.90      10.30  19.50  29.80 
 incl.   18.34       5.15  23.35  28.50 
 incl.   10.08       6.02  33.53  39.55 
   
 LF-12    3.30      13.00   7.00  20.00 
 incl.    6.42       3.65   7.00  10.65 
   
 LF-13    3.97      23.90  59.00  82.90 
 incl.    6.64      13.50  66.00  79.50 
 incl.    9.84       4.00  66.50  70.50 
  
 

[Ed Monton]

Minera cuts 5.66 m of 24 g/t Au, 747 g/t Ag at San Jose


2006-01-19 15:36 ET - News Release

Mr. Allen Ambrose reports

MINERA ANDES SAN JOSE PROJECT DRILLING DISCOVERS NEW GOLD/SILVER VEIN WITH UP TO 5.66 METERS OF 24 G/T GOLD AND 747 G/T SILVER

Minera Andes Inc. is providing the results of a postfeasibility core drilling program at its San Jose project in Southern Argentina, where a new vein containing high-grade gold and silver mineralization has been discovered. Six of seven holes, totalling 614 metres, encountered mineralized vein over a strike length of 250 metres along the Kospi vein. The vein remains open at depth and along strike.

The discovery of high-grade gold and silver mineralization again highlights the mining district scale of the project, where four new veins have been discovered in the last six months. The Kospi vein was discovered during a recent drilling program in the area between the Huevos Verdes and Frea veins. The best intercept encountered in this drilling campaign is 24 grams per tonne (0.77 ounce per ton) gold and 747 g/t (24 ounces per ton) silver over 5.66 metres in hole HVD-41. Other highlights include 2.10 metres of 6.46 g/t (0.21 ounce per ton) gold and 709 g/t (23 ounces per ton) silver in hole HVD-40, drilled 50 metres along strike. Holes HVD-39 and HVD-42 also encountered 2.56 g/t gold and 118 g/t silver, and 1.93 g/t and 77 g/t silver over 0.90 metre and 0.84 metre, respectively. The first hole, HVD-38, was drilled in the opposite direction and did not encounter vein. Holes HVD-43 and HVD-44 also intersected vein and results are pending. (All intervals are down hole and are thought to represent apparent widths of the vein.)

[Ed Monton]

Mansfield Minerals drills 180 m at 1.12 g/t Au


2006-02-10 10:08 ET - News Release

Mr. Gordon Leask reports

MANSFIELD DRILLS HIGHEST GRADE INTERCEPT TO DATE AT LINDERO, ARGENTINA

Mansfield Minerals Inc. has received the first five drill holes from its continuing diamond drill program at the 100-per-cent-owned Lindero property, Salta, Argentina. The following is a synopsis of the more significant intervals received to date from the current program.

 
  
 Hole     Interval    Intercept    Gold 
 No.        (m)       length      (g/t) 
                        (m) 
  
 LDH-11    3 to 59       56        0.66 
  
 LDH-12    0 to 180     180        1.12 
 incl.     0 to 52       52        2.20 
 incl.     0 to 30       30        3.10 
  
 LDH-13   16 to 106      90        0.86 
 and     118 to 168      50        0.94 
  
 LDH-14    2 to 42       40        1.09 
 and      70 to 152      82        0.91 
  
 LDH-15  
 (i)     110 to 204      94        0.74 
 incl.   110 to 166      56        0.90 
 incl.   110 to 134      24        1.39 
  
 

.......


(i) This hole bottomed in material grading 1.26 grams per tonne at 250 metres.

Prior to this drill program, the Lindero deposit was determined to host 29,953,000 tonnes at 1.08 grams per tonne gold (1,035,900 ounces gold in the inferred category) using a cut-off of 0.6 gram per tonne. This resource was estimated by Rio Tinto Mining and Exploration Ltd. and audited by Roscoe Postle Associates Inc. in October, 2003 (see Stockwatch, Sept. 22, 2003, and Nov. 26, 2004).

The drilling to date has been successful in expanding the mineralized footprint of the Lindero deposit to the north and southeast, as well as establishing that substantially higher-grade mineralized material occurs within the deposit. Intrusive-hosted stockwork gold mineralization was also observed, extending into the surrounding red bed sediments along Archibarca-trending structures (Az 120 degrees).

With the potential for higher grades and larger tonnages indicated by this most recent exploration work, an aggressive follow-up drill program will be designed upon completion of the current program.

A map of the drill hole locations has been posted on the company's website.

Security -- chain of custody and quality control

Two-metre lengths of HQ core samples were cut in half with a diamond saw and bagged at the field facility. The bags were tied with plastic colour-coded security ties. Sample bags were then placed in shipping boxes and couriered by company vehicle to the Acme Analytical Laboratories S.A. prep lab in Mendoza, Argentina. The prepped samples were then shipped by Acme to their lab in Santiago, Chile, where they were fire assayed for gold.

The company employs a quality control program consisting of reassaying randomly selected coarse reject samples, insertion of coarse standard samples and blanks.

The company has refiled 43-101 technical reports on its Lindero and La Frontera properties. To view the reports, please visit SEDAR.

This news release was reviewed and the contents have been verified by the company's qualified person, Gordon P. Leask, PEng.

[Ed Monton]

Exeter's testwork recovers high grades from La Cabeza


2006-01-26 08:49 ET - News Release

Mr. Bryce Roxburgh reports

LA CABEZA PRODUCES HIGH GOLD RECOVERIES IN METALLURGICAL TESTWORK

Exeter Resource Corp. has provided the latest results of metallurgical testing on its La Cabeza gold project. Results confirm high gold and silver recoveries using a conventional gravity separation circuit and carbon in leach flowsheet.

Yale Simpson, Exeter's chairman said: "This program was a comprehensive determination of the metallurgy of the principal ore types at La Cabeza. Testwork confirmed that overall recoveries of 91 per cent of gold and 80 per cent to 85 per cent of silver are realistic for the financial modelling of the La Cabeza mine.

"In addition, the mineralization is confirmed to be free-milling and clean -- the gold is readily liberated by entirely conventional gravity/leaching circuits. Gravity gold recovery alone averaged 30 per cent, but exceeded 50 per cent on some samples. Furthermore, the ores are consistently very low in pyrite and base metals, which is particularly positive from an environmental perspective."

Details of metallurgical testing

The test programs were carried out at: Metcon Pty. Ltd. of Sydney, Australia (a member of the AMMTEC group); AMMTEC Ltd. of Perth, Western Australia; Outokumpu Technology Pty. Ltd. of Perth, Western Australia; and Knight Piesold Pty. Ltd. of Perth, Western Australia. The program included optical mineralogy, comminution, flotation, gravity separation, cyanide leaching and tailings characterization testwork.

The testwork was carried out on relatively coarsely ground, 95-micron, material taken from individual mineralized intercepts and composites prepared from diamond drill cores selected from the 2004 drilling program. The head assays of composite samples from each of the main ore zones were as follows:



Assay Ojo Luna Cuello Bulk

Gold (g/t) 9.43 3.13 7.93 5.78
Silver (g/t) 6.9 18.3 61.3 25.8
Sulphur (%) 0.10 0.16 0.47 0.28
Iron (%) 1.50 1.27 1.24 1.26
Arsenic (ppm) 4,320 105 80 1,235
Copper (ppm) 38 28 26 27
Lead (ppm) 35 32 19 28
Zinc (ppm) 78 33 55 52


Specific outcomes from the testwork included:


grind size: 95 microns;
carbon in leach (CIL) pulp density: 45 per cent solids;
gravity circuit recovery 30 per cent to 50 per cent;
CIL gold recovery 93 per cent to 94 per cent on the bulk composite;
gold recovery variability on deposit composites: 92.7 per cent to 93.9 per cent;
gold recovery variability on individual mineralized intercepts: 80 per cent to 97 per cent -- average 91 per cent;
silver recovery variability on individual mineralized intercepts: 80 per cent to 85 per cent; and
reagent consumption (CaO and NaCN) approximately 0.40 kilogram per tonne of ore.

The La Cabeza ores are characterized as hard and abrasive, similar to those of other South American epithermal gold deposits. Leach tailings settling rates were fast and densities approaching 65 per cent solids were achieved from continuous settling tests. Specific settling rates were 0.7 tonne per square metre per hour.

The Exeter website provides additional disclosure of test results.

Jerry Perkins, FAusIMM (CPmet), Exeter's vice-president development and operation, and a qualified person within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the precious metal metallurgical and development information contained in this news release

[Ed Monton]

Ballad Gold wins right to advanced work at Penascudo


2006-01-20 20:10 ET - News Release

Mr. Anthony Beruschi reports

PENASCUDO UPDATE

Ballad Gold & Silver Ltd. is providing information on its progress on the Penascudo gold and silver project in Chubut province, Argentina.

Ballad's Argentinean representatives continue to work with local authorities to resolve considerations raised by two of 12 interested parties with surface rights to Ballad's Penascudo gold and silver project. Ballad's Argentinean subsidiary, San Antonio, now holds the minas granted by the Argentinean government. These minas, transferred from Golden Arrow Resources Corp., provide Ballad with the rights to carry out advanced exploration and mining on the Penascudo project.

Ballad's crews are standing by. Upon receival of the resolution of the surface-rights holders' considerations by the authorities, an environmental study focused on project development, including further surface sampling, mapping, trenching, drilling and bulk sampling will begin.

Ballad continues to develop and build contacts with the local community and landowners in Argentina in connection with its planned exploration and development at Penascudo.

The Penascudo gold and silver project is defined by its high-grade gold and silver values at the El Rey vein.

The El Rey vein has returned chip samples as high as 1,365 grams per tonnne (39.81 ounces per ton) gold and 1,730 grams per tonne (50.46 ounces per ton) silver within a 35-centimetre-wide vein (true width). Sampling within this vein has ranged from 0.083 gram per tonne gold to 1,365 grams per tonne gold, while silver has ranged from 1.5 grams per tonne to 1,730 grams per tonne.

The presence of visible high-grade gold within the El Rey vein confirms the system's potential to host high-grade gold and silver mineralization within a low-suphidation epithermal system.

During previous exploration Ballad's geologists focused on discovering surface evidence of an extension of the El Rey vein. The area is believed to be covered by thin overburden. Additional gold and silver mineralization was discovered approximately 200 metres along strike northeast of the El Rey vein. This apparent extension of the El Rey vein outcropped for a strike length of over 21 metres and measured between 0.15 to 0.30 metre in width on surface. Preliminary chip samples of this vein returned anomalous gold values between 0.278 and 0.438 gram per tonne.

This apparent extension of the El Rey vein suggests the vein may be more than 255 metres in strike length along surface alone. Most of the El Rey vein remains covered by overburden and Ballad plans to expose this vein and any possible extensions along strike through trenching when exploration resumes.

Ballad's geologists discovered a second, high-grade vein located 60 metres to the north of the El Rey vein.

Named the La Reina (the Queen) vein, this second high-grade vein outcrops briefly through the overburden for six metres along strike. Three chip samples collected from this 10-centimetre-wide vein, returned 0.203, 7.92 and 15.60 grams per tonne gold and 3.5, 203 and 201 grams per tonne silver, respectively.

This second gold vein runs parallel to the El Rey vein and is open on both ends along strike as it dips under overburden to the northeast and southwest and is also an excellent target for trenching to extend known mineralization to the northeast and southwest.

The El Rey vein, its possible extension and the La Reina vein are high-priority trenching targets. The presence of visible gold and high-grade gold and silver values within a multivein system is considered to be encouraging by Ballad's geologists in the hunt for a Bonanza-grade, low-sulphidation epithermal deposit.

Dr. Bohumil Molak, PGeo, is the qualified person for this project and has reviewed this news release.

Ballad has the right to earn up to an 85-per-cent interest in the project from Golden Arrow, subject to a 1.5-per-cent net smelter return royalty by incurring $1.8-million in exploration over five years.

[Ed Monton]

Viceroy Continues to Intersect High Grade at Gualcamayo including a New Exploration Zone West of Magdalena

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 18, 2006) - Viceroy Exploration Ltd. (the "Company") (TSX:VYE)(OTCBB:VCRYF) is pleased to announce the results of twenty-eight (28) additional diamond and reverse circulation drill holes on its 100% owned Gualcamayo gold project in San Juan Province, Argentina. The drilling includes infill drilling at the main Quebrada del Diablo ("QDD") resource area and Magdalena and an exploration hole towards Target 3D.

Certain infill holes were follow-up to the recent successful holes at Ptz. Blanco. The new results confirm the high grade zone and furthermore indicate that the zone may expand a further 50 metres to the east.

Highlights include:

Ptz. Blanco

- Hole QD-208, which intersected 4.83 g/t Au over 17.50 m, from 53.30 to 70.80 m, followed by 1.18 g/t Au over 18.87 m from 91.23 to 110.10 m and a further 1.53 g/t Au over 69.38 m from 190.50 to 259.88 m;

- Hole QDR-213, which intersected 1.69 g/t Au over 20.00 m from 16.00 to 36.00 m, followed by 1.33 g/t Au over 60.00 m from 168.00 to 228.00 m, including 1.71 g/t Au over 40.0 m from 178.00 to 218.00 m;

- Hole QD-214, which intersected 1.18 g/t Au over 101.20 m from 3.95 to 105.15 m, including 2.26 g/t Au over 33.26 m from 3.95 to 37.21 m;

- Hole QD-222, which intersected 2.34 g/t Au over 9.25 m from surface;

- Hole QD-224, which intersected 1.46 g/t Au over 32.34 m, from 67.96 to 100.30 m;

- Hole QD-227, which intersected 3.00 g/t Au over 14.63 m from surface.

Magdalena

- Hole QD-211, which intersected 2.44 g/t Au over 43.10 m from 65.80 to 108.90 m, including 4.16 g/t Au over 21.30 m from 80.60 to 101.90 m.

Target 3D

- Hole QD-217, which intersected 3.17 g/t Au over 17.05 metres from 7.80 to 24.85 m, and 1.56 g/t Au over 10.25 m from 75.80 to 86.05 m.

The holes at Ptz. Blanco confirm the higher grade mineralization in this zone. Of particular significance are holes QD-208 and QD-214. Hole QD-208 was drilled as a follow-up hole to QDR-196 which intercepted 9.18 g/t Au over 26 metres near surface (see News Release #2004.18, dated November 8, 2005). The higher grade intercept in QD-208 of 4.83 g/t Au over 17.30 metres extends the high grade zone intersected in QDR-196 a further 40 metres to the east. Hole QD-214 which was drilled to the east of the Ptz. Blanco zone intersected a significantly thicker zone of mineralized breccia than anticipated with a high grade intercept near surface. The Company now plans to drill additional holes in this area to test the full extent of this mineralization.

Also of significant interest is hole QD-217 which intersected 3.17 g/t Au over 17.05 metres from 7.80 to 24.85 metres. This hole was drilled to test a surface rock chip anomaly 250 metres west of Magdalena. The Company had no previous drilling in this area and is planning follow-up holes to test this new zone. Furthermore, hole QD-217 will be lengthened an additional 100 metres to adequately test Target 3D.

The Magdalena infill hole QD-211 confirmed the grade and thickness of this zone and will be used in the upcoming resource calculation.

Patrick Downey, President and CEO of Viceroy stated that, "We are extremely pleased with these latest results. We have now confirmed that there is a significant zone of high grade, near surface, material at Ptz. Blanco. This zone is planned to be mined as the starter pit which will enhance project economics. We are also pleased that the zone may extend 50 metres further to the east than originally thought. We are also excited about the new zone intercepted on the Target 3D hole, as this area was never previously drilled. Follow-up drilling is now planned."

QDR-216, QDR-219 and QDR-220, from the following table, were drilled as condemnation holes to test the significance of weakly anomalous rock samples east of the QDD resource area. This area partly covers a planned waste dump and mine access road, and these holes were drilled to confirm that the planned waste dump would not cover any mineralized zones.

This recent drilling completed the 2005 drill program. The Company has commenced an independent resource update which is expected to be released in early February, 2006. This will be followed up by an updated Preliminary Economic Assessment to be completed by Wardrop Engineering of Vancouver, BC.

[Ed Monton]

AQI

[Ed Monton]

IMR

[Ed Monton]

AQI vs IMR

http://www.321gold.com/editorials/lucas/lucas011606.html

[Ed Monton]

AQI

[Ed Monton]

GRG

[Ed Monton]

Wow. Huge move on XRC.

[Ed Monton]

Marifil finds 283 g/t Ag over 1.1 metres at Toruel


2006-01-09 08:54 ET - News Release

Mr. John Hite reports

FINAL DRILL RESULTS AT TORUEL

Marifil Mines Ltd. has completed providing drill core assay results for its phase II drilling campaign at its wholly owned Toruel project in Rio Negro province, Argentina (see Stockwatch on Dec. 15, 2005). Results from holes DH-42, DH-44 and DH-46, the final results from the main Toruel vein, provide further evidence the company has discovered a silver-copper oreshoot of considerable size. Defined by 16 drill holes, this oreshoot averages 4.3 metres true width, extends for about 600 metres along strike, and is open-ended to the west as well as down dip.

Noted John Hite, Marifil's president: "We believe we have discovered a significant silver-copper oreshoot on the main Toruel vein -- significant both in terms of size and grade. Although the drill density is not yet sufficient to allow us to calculate ore reserves, we expect to be able to make these calculations following completion of the next round of drilling."

[Ed Monton]

CBP news

DECEMBER 29, 2005 - 09:00 ET

Pacific Bay Update: New Claim Staking, Argentina Uranium Exploration Program

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 29, 2005) - Mr. Guilford Brett, President of Consolidated Pacific Bay Minerals Ltd. (TSX VENTURE:CBP) ("the Company") summarizes recent exploration activity and plans for 2006.

Pacific Bay has recently taken a significant land position in south central Quebec adjacent to Nova Uranium Corporation's claims in the emerging Mont-Laurier uranium exploration play. The Canadian Johns Manville Company outlined a significant uranium resource here in the 1970's in Precambrian metamorphosed intrusive and sedimentary rocks of the Grenville Supergroup. PacBay geologists staked claims on-trend approximately 4 km to the north of Nova Uranium's key prospect where significant high grade uranium oxide values in drill holes and trenches were reported. Fieldwork is planned for the spring of 2006 on the Mont-Laurier property.

Compilation of data is being undertaken on PacBay's Cueva del Chacho uranium property in La Rioja province, Argentina and fieldwork is planned for early January, 2006. GIS support for PacBay geologists will be provided by Mendoza based consultants Rojas y Asociados. The Company believes that the Cueva del Chacho property, located 8 km north of the Los Colorados uranium mine which produced 55,000 kg of uranium oxide in the 1990's, hosts excellent discovery potential along the Los Colorados sedimentary redox trend. PacBay is also actively exploring for silver in northern Argentina.

Pacific Bay's Regalo property in central Patagonia is a key part of the
Company's gold and uranium exploration portfolio in Argentina and we are pleased to announce that the earn-in date for the Regalo property has been extended to August 12, 2007. The Regalo property has some of the strongest gold soil anomalies in the entire region over Jurassic age sedimentary basement rock west of a major NW trending structure termed the "Regalo Fault". In one area of the Regalo property, soil samples averaged 299 ppb Au over more than a square kilometer. Trenching of some of these soil anomalies in May 2005 obtained arsenic, molybdenum and vanadium pathfinder element signatures in altered and tectonized sedimentary bedrock that may indicate the presence of disseminated gold mineralization deeper down. During 2005 PacBay significantly expanded the Regalo property to the east across the Regalo Fault to cover known uranium occurrences in the Cretaceous age sedimentary basin which hosts the large Cerro Solo uranium deposit 40 km to the south. The Company plans a uranium reconnaissance program during the current field season on the Regalo project and on a large block of claims further to the south immediately adjacent to Mega Uranium (Maple Minerals) claims on both the east and west on-trend with the Cerro Solo uranium mineralization.

PacBay's Ty Property 35 km south of Yukon Zinc's Wolverine deposit in the Yukon's Finlayson Lake Belt base metals district is subject to a 70:30 PacBay joint venture agreement with Atna Resources, Ltd. Zinc exploration activity is heating up in the Finlayson camp and the Company is considering further active exploration on the Ty property. Golden Cariboo Resources Ltd. is currently drilling PacBay's Craze Creek property in the Cariboo Gold Belt of central British Columbia under an earn-in agreement whereby Golden Cariboo can earn a 60% interest in the Craze Creek property by spending $150,000.

George Sanders, Vice President of Exploration for PacBay said, "The Company's focus changed during 2005 from gold to uranium by virtue of being in the right place in southern Argentina during the staking rush by Mega Uranium and other companies, and our intimate knowledge gained by years of working in Argentina led us to quickly move to acquire key prospective uranium claim blocks in two separate areas in Patagonia and in the northern province of La Rioja. We are aggressively moving to bring the Cueva del Chacho property to drill-ready status, and at the same time we will continue to evaluate the gold potential of the large Regalo claim block. Our new Mont-Laurier, Quebec claims hold promise of containing the same kind of uranium oxide mineralization being explored by Nova Uranium. We are also investigating an exciting opportunity to gain exposure to the rising silver price by optioning a former silver-producing property in Argentina. I am very proud of the technical competence and business savvy of the PacBay team and I am confident that the upcoming year will see the Company's underlying value increase commensurate with the quality of PacBay's people and properties."

George Sanders, M.Sc., P.Geo, a Qualified Person under National Instrument 43-101, has approved the technical content of this News Release. Please visit our website www.pacificbayminerals.com for more information on all of our properties.

ON BEHALF OF THE BOARD OF DIRECTORS

Guilford H. Brett, President


The TSX Venture Exchange has not reviewed and does not accept responsibility

[Ed Monton]

McEwen: Argentina, Minera Andes Promising
By: Dorothy Kosich
Posted: '23-DEC-05 06:00' GMT © Mineweb 1997-2004

http://www.mineweb.net/sections/junior_mining/730325.htm

RENO--(Mineweb.com) Although, lately, mining entrepreneur Rob McEwen has bought major positions in a number of companies exploring in Nevada, McEwen took the industry by surprise by investing in a junior explorationist focused on Argentina.

McEwen has agreed to invest a total of Cdn.$10 million for a 23.5% shareholding in Spokane, Washington-based Minera Andes (MAI: TSX).

The former Chairman, President and CEO of Goldcorp, McEwen has already subscribed Cdn$5,395,159 for an aggregate of 12,414,740 units issued through private placement. The second private placement of 13,156,689 units will close 61 days after approval by the Minera Andes shareholders. Proceeds from these placements will be used for further development and exploration of the San Jose gold and silver project in southern Argentina.

In an interview with Mineweb Thursday, McEwen said he invested in Minera Andes for "a very strong management team, good geological backing, (and a) good track record."

"The area's promising," McEwen said, adding that Minera Andes has "met with great success using geophysical tools defining structure. Their mine is well underway and will be producing in the first half of '07. All of those things are very good."

"I think they're going to find a lot more gold there and a lot more of other minerals," he added. "Minera Andes has a large property package and they've been down there for quite a while. They have quite a lot of on the ground of experience."

In a news release, Minera Andes President and CEO Allen Ambrose said "we are pleased that a proven industry leader in the gold sector recognizes the value inherent in our company. The value in Minera Andes lies in the development of the advanced stage gold/silver project at San Jose, currently scheduled for production in the first quarter of 2007, and its significant exploration upside. In addition, we have a large portfolio of wholly owned exploration properties in Argentina, including the Los Azules copper property scheduled for drilling this field season."

In an interview with Mineweb Thursday, Ambrose explained that "as geologists, we were always attracted to Argentina being under explored, (and) under developed." He described the area has containing "a lot of vein systems and similar geological trends to Nevada," but lacking, however, a wave of modern exploration. "

"We're good explorationists, Ambrose said. "We know our way around Argentina, and built an incredible database. We've looked at a lot of things and have a lot of projects and ideas to look at to get to the next discovery. ... In Argentina, you can pick up, as we did, big land packages and control the whole area." Minera Andes holds about 500,000 acres of mineral exploration land in the country.

The San Jose project has proven and probable mineral reserves with 288,094 contained ounces of gold, 15,229,380 contained ounces of silver. The project has a capex of $61.26 million, an estimated mine life of 4.3 years, and an average operating cost of $200 per ounce of gold equivalent. Construction, which has already commenced, is expected to take a total of 14 months. MHC, a large private South American metal mining and cement production company, is the project operator with 51% while Minera Andes hold a 49% interest.

Although the project is located in the Patagonia region, it is in the Santa Cruz Province, a remote arid, area where other mining projects are based. A ban on cyanide has not been enacted in the province.

[Ed Monton]

Minera Andes to receive $10-million from McEwen


2005-12-21 11:54 ET - News Release

Mr. Art Johnson reports

ROB MCEWEN AGREES TO INVEST A TOTAL OF C$10 MILLION IN MINERA ANDES

Rob McEwen has subscribed $5,395,159 for a total of 15,414,740 Minera Andes Inc. units issued by way of private placement. Excluding warrants, completion of this subscription makes Mr. McEwen the company's largest shareholder with a 14.2-per-cent interest.

Terms for a second private placement have also been agreed to with Mr. McEwen that would make his total investment $10-million. The second private placement of 13,156,689 units will only close 61 days after receipt of approval from the shareholders of the corporation for the placement and for the waiver or repeal of Minera Andes's shareholder rights plan as it applies to Mr. McEwen. Excluding warrants, completion of the second placement would give Mr. McEwen a 23.5-per-cent shareholding in Minera Andes.

Proceeds from these two private placements will be used for further development and exploration of the advanced stage, high-grade San Jose gold/silver project in southern Argentina. A positive bankable feasibility study for the project was released Oct. 24, 2005, and permitting, advanced engineering and other work is currently under way. At San Jose, a work force of 330 is developing the underground workings exploring the main gold/silver vein. Proceeds will also be used for general corporate purposes and for exploration at the Los Azules copper discovery in west-central Argentina, in accordance with Minera Andes's recently announced letter of intent with Xstrata Copper Americas.

Allen Ambrose, president of Minera Andes, said: "Minera Andes is an entrepreneurial mining company and we are pleased that a proven industry leader in the gold sector recognizes the value inherent in our company. The value in Minera Andes lies in the development of the advanced stage gold/silver project at San Jose, currently scheduled for production in the first quarter of 2007 and its significant exploration upside. In addition, we have a large portfolio of wholly owned exploration properties in Argentina, including the Los Azules copper property scheduled for drilling this field season."

Mr. McEwen is chairman and chief executive officer of U.S. Gold Corp. and was the founder, former chairman and CEO of Goldcorp Inc. Over the past 18 years Mr. McEwen turned Goldcorp Inc. from an investment company with a market capitalization of $50-million into a mining company with a market value over $7.0-billion today. He has been honoured with such awards as the Northern Miner's Man of the Year Award; Ernst & Young's Ontario Entrepreneur of the Year Award in the energy category; and the Prospectors and Developers Association of Canada's Developer of the Year award. Under his leadership Goldcorp was named one of Fast Company magazine's 50 Companies of Innovation, and Business Week magazine's selection as one of the 50 most innovative companies on the Web.

The first placement with Mr. McEwen consists of 15,414,740 units for gross proceeds of $5.39-million. Each unit, priced at 35 cents, consists of one common share and one-half of one common share purchase warrant of Minera Andes. One whole common share purchase warrant entitles the holder to purchase one additional common share at an exercise price of 55 cents per share at any time prior to the earlier of: a) the date which is the 15th trading day after receiving notice from Minera Andes that the weighted average price of the common shares on the TSX Venture Exchange has been equal to or greater than $1.00 for a period of 20 consecutive trading days commencing 120 days after the date of issuance of the warrants, and b) Dec. 20, 2007. Securities issued in this first private placement are subject to a four-month hold period, expiring April 21, 2006. The second private placement is for 13,156,689 units and has the same pricing and terms as the private placement just closed. The second private placement is subject to receiving all necessary regulatory and shareholder approvals and to the waiver or repeal of Minera Andes's shareholder rights plan as it applies to Mr. McEwen. Securities issued in the second private placement will also be subject to a four-month hold period from the date of issue.

Canaccord Capital Corp. will act as agent on both private placements. Canaccord will receive a 5-per-cent cash commission and up to 700,000 agent warrants equal to 2.45 per cent of the total number of units sold pursuant to both placements. Each agent warrant will entitle the agent to acquire one common share on the same terms as the private placement warrants. A total of 377,661 agent warrants have been issued in connection with the closed private placement. The closed private placement and the second private placement together total $10-million.

The closed private placement is for $5,395,159 totalling 15,414,740 shares and 7,707,370 warrants making Mr. McEwen a 19.9-per-cent shareholder in the corporation on a diluted basis (14.2 per cent on a non-diluted basis). The pending second private placement, for $4,604,841 totalling 13,156,689 shares and 6,578,344 warrants, would take Mr. McEwen to 31.5-per-cent ownership on a diluted basis (23.5 per cent on a non-diluted basis).

Under terms of the arrangement Mr. McEwen will have the right to nominate a director and a right to finance the corporation in future financings for two years. If a majority of the shareholders don't approve the second private placement and waive or repeal the shareholder rights plan as it applies to Mr. McEwen through written approval or by a vote at a special meeting of the shareholders of the corporation, then a break fee of $2.0-million will be paid to Mr. McEwen.

In addition, Minera Andes has also completed a non-brokered private placement financing for $701,639.75 through the issuance of 2,004,685 units at 35 cents per unit. Each unit consists of one common share and one-half common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at an exercise price of 55 cents for a period of 24 months. Finders' fees of 6 per cent, payable by issuance of 120,281 common shares was paid to Haywood Securities in connection with this financing. The common shares and warrants comprising the units, the warrant shares issuable on exercise of warrants and common shares issued to Haywood Securities will have a four-month hold period expiring on April 7, 2006. Proceeds from the financing will be used to advance the company's projects in Argentina.

[Ed Monton]

Not doing much trading. Holding a few drill bit plays.

[BoomTime]

lol ED! How was your trading week?

[Ed Monton]

Thanks. There's too many boards and not enough time though...

[BoomTime]

I found this board a week ago, and can you please tell me what other board you guys have? Keep up the great DD!

[Ed Monton]

Bought a few MFM today


Marifil finds 1,998 g/t Ag in 6.7 metres at Toruel


2005-12-15 09:45 ET - News Release

Mr. John Hite reports

MARIFIL MINES ADDS TO TORUEL DRILL RESULTS

Marifil Mines Ltd. has released additional phase II drilling assay results for its wholly owned Toruel project in Rio Negro province, Argentina. Previously announced results from the first four holes of this 19-hole, 1,350-metre diamond drill hole program (see Stockwatch on Nov. 28, 2005) showed attractive silver and copper values. Results from two of the next seven holes also show significant silver and copper values, with a third hole containing strong lead and zinc values.

"These latest results provide further confirmation of what we already believed, that this section of the Toruel structure contains a significant silver-copper resource along with important values in lead and zinc," said John Hite, Marifil Mines president. "As we drill more we continue to grow this deposit and, given the large surrounding area of our property where we have discovered -- but not yet drill tested -- several more mineralized structures with many similarities, we are very excited about the potential returns this project may provide for our investors."

From DH-2 westward the Toruel structure ranges from five metres to 30 metres in true width. Nearly all of the structure is mineralized but higher grade mineralization seldom occurs across the full width. Generally the high-grade material occupies a zone one metre to five metres wide and is flanked by lower grade material.

Key phase II drill results received so far for the Toruel vein are:

 
  
 Drill   From    To    Au    Ag    Cu 
 hole      (m)   (m) (g/t) (g/t)   (%) 
  
 DH-31  58.80 62.40  0.23   433  0.70 
 incl   61.10 62.40  0.47   782  1.23 
  
 DH-32   34.5  41.2  0.75  1998  5.34 
 incl    35.8  37.6     -  4283 10.38 
  
 DH-33   66.6  68.5  0.18   194  1.01 
  
 DH-34   31.8  32.4  0.15   161  1.94 
 plus    36.2  38.0  1.14   857  1.16 
  
 DH-35   72.4  74.5  1.77   885  1.23 
 incl    72.4  73.7  1.16  1368  1.90 
  
 DH-41   49.2  51.6  0.61   441  0.72 
 incl    49.2  49.9  1.78  1250  2.06 
  
  
 

............


Note 1: DHs 36 to 40 were drilled on the nearby Avispa vein; none contain significant values.

Note 2: DH-41 also contains 0.70 metre grading 6.71 per cent lead and 5.35 per cent zinc.

The company has completed a total of 49 drill holes during the first two phases of diamond drilling on this important project. Final assays for holes 42 to 49 are pending.

All assaying is being done by Alex Stewart & Co. in Mendoza, Argentina. Elements other than silver and gold will be analyzed by ICP at the same laboratory.

This press release has been reviewed and approved by Mr. Hite, president of Marifil Mines, and by Richard Walters, vice-president, under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are qualified persons as defined by National Instrument 43-101.

[Ed Monton]

IMA's President Joseph Grosso Named 'Exploration Man of the Year' in Argentina

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 5, 2005) - IMA Exploration Inc. (AMEX:IMR) (TSX VENTURE:IMR) (FWB:IMT) (WKN 884971) is pleased to announce that the Company's President & CEO, Mr. Joseph Grosso, has been named as the "Exploration Man of the Year" by the Argentinean mining Association Panorama Minero. This prestigious award was presented at the 29th annual Argentinean Mining Exposition in Buenos Aires, Argentina, in recognition of Mr. Grosso's outstanding achievement in mineral exploration.

In accepting the award Mr. Grosso commented; "It is a great honor to receive this award and I would like to express to you my deepest gratitude. I cannot accept this award alone; it belongs to all the members of my team, and in particular our Argentinean contingent, which I am proud to say is almost 100% Argentine. We have achieved this success only through the combination of our talent, skills and good fortune. I would like to add that all the knowledge I have of mining I learned here in Argentina, and tonight I feel like an adopted son of Argentina. Thank you."

Other award recipients at this gala event included Barrick Gold Corp., which received the award for Mining Company of the year.

Through the month of December 2005 the Biography Channel in Canada will be airing features on IMA Exploration Inc. and other companies managed by The Grosso Group. These features can also be viewed on The Grosso Group web site (www.grossogroup.com).

ON BEHALF OF THE BOARD

"Gerald Carlson"

Dr. Gerald Carlson, Chairman

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

2005 Number 27

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

[Ed Monton]

Explains yesterdays move.

[Ed Monton]

Exeter's RAB Drill Discovers First New Gold Target at La Cabeza

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 1, 2005) - Exeter Resource Corporation (TSX VENTURE:XRC)(FWB:EXB) announces the discovery of the first new gold target by ongoing RAB drilling at its La Cabeza gold project. The new target, located under sands immediately south of the known Ojo Zone, could lead to an extension to the conceptual open pit planned for Ojo and a new understanding of the resource potential of La Cabeza.

Two RAB drill holes into the new target area returned gold values of 8.0 grams per tonne ("g/t") and 7.5 g/t, respectively, and seven holes had gold values greater than 1.0 g/t. An additional 12 holes, of 61 RAB holes that define the target, had gold values greater than 0.3 g/t gold. The new target is 200 metres long by 100 metres wide and is open to the northwest, south and southeast.

Earlier RAB drilling in the Ojo South area had returned two, widely-spaced RAB holes, each with assays of 0.3 g/t gold. The current results are from Stage 2 follow-up drilling on a pattern of 25 metres by 10 metres.

The Ojo South target is particularly significant because the gold mineralisation appears to occur in sedimentary rock - a rock type not previously known to host economic grade mineralization at La Cabeza. Confirmation of the discovery with reverse circulation drilling would suggest the possibility of gold mineralisation in areas not previously considered favourable.

Elsewhere at La Cabeza, RAB drilling on a 50 metres by 50 metres pattern, south of the Luna Zone, is following up on three anomalous Stage 1 RAB holes (reporting 0.8, 0.6 and 0.3 g/t gold). Results will be reported when that target is better defined.

Exeter's RAB (rotary air blast) drilling program involves testing the sand covered areas of La Cabeza with 500 holes drilled on a 100 metres by 100 metres pattern. The RAB drill rig drills shallow, vertical holes to recover a three metre long composite sample of the underlying bedrock. Stage 2 RAB drilling closes up the drill hole pattern to define the extent and orientation of the gold target. To facilitate the rapid generation of targets for follow-up reverse circulation drilling, the RAB program is alternating between the Stage 1 and Stage 2 drilling patterns.

With one exception, all of the known gold mineralisation at La Cabeza occurs in outcrop, generally on topographic highs. The exception is the Cuello Zone located in a valley (a topographic low) and almost totally concealed by sand and stream gravel. The Cuello Zone presently constitutes the largest gold resource at La Cabeza (see our press release dated June 30, 2005). The main focus of RAB drilling is the discovery of additional Cuello style deposits under sand cover.

The assay results presented above are preliminary and check assays are awaited. Results for additional exploration drilling will be announced as the program proceeds.

Qualified Person

Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

About Exeter

Exeter is a technically-advanced, Canadian gold exploration company, focused on the discovery of epithermal gold-silver properties in Argentina and Chile. The last estimate of the La Cabeza project resource was 390,000 ounces of gold(i) in the indicated resource category and 500,000 ounces of gold(i) in the inferred resource category. The three-rig, drilling program currently underway is a key component of project development activities that include engineering, metallurgical, hydrological, and environmental studies.

In the prospective, Patagonia region of Argentina, Exeter has a strategic partnership with Cerro Vanguardia S.A, an AngloGold Ashanti subsidiary. The agreement provides Exeter with an option over 25 epithermal gold-silver properties.

In southern Chile, Exeter has a strategic agreement with Rio Tinto Mining and Exploration Limited over epithermal gold prospects within an 800 square kilometre area. Prospecting of epithermal gold targets is currently underway.

In the Maricunga district of northern Chile, Exeter has a strategic agreement with Anglo American Limitada and Mantos Blancos S.A. on 7 epithermal gold properties.

(i) See 43-101 Technical Report dated July 27, 2005

You are invited to visit the Exeter web site at www.exeterresource.com.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission ("SEC") permits mining companies in their filings with the SEC to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms in this news release, such as "inferred resource", that the SEC guidelines strictly prohibit us from including in our filing with the SEC. U.S. investors are urged to consider closely the disclosure contained in our Form 20-F Registration Statement, File No. 000-51016. You can review and obtain copies of our filings from the SEC's website at www.sec.gov/edgar.shtml.

Safe Harbour Statement - This news release may contain certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995. These statements reflect our current belief and are based upon currently available information. Actual results could differ materially from those described in this news release as a result of numerous factors, some of which are outside of the control of Exeter.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

[Ed Monton]

Marifil Hits Bonanza Silver & High-Grade Copper At Toruel

SPOKANE, WASHINGTON--(CCNMatthews - Nov. 28, 2005) -

DDH-32 Intercepts 6.7 M of 2044 g/t Ag Equiv. and 5.34% Cu

MARIFIL MINES LTD. (TSX VENTURE:MFM) ("the Company") announces its recently-completed Phase 2 drill program has discovered significant silver and copper values in drill holes located near DH-24 at its wholly-owned Toruel project in Rio Negro Province, Argentina. (See Marifil news release of November 14, 2005.) Complete silver results from the first four holes of this 1,350-meter diamond drill hole ("DDH") program all show significant silver values. Although assay results examining copper values have only been received so far for one drill hole, the Company expects further positive copper values based on the amounts of chalcopyrite and tetrahedrite observed in the drill core.

DH-32, located 30 m west of DH-24, cut 6.7 meters grading 2044 grams per tonne silver equivalent plus 5.34% copper, including 2.4 m grading 4283 g/t silver equivalent plus 10.38% copper. (See DH-32 Cross Section and Drill Location Map on Page 2 of this release.)

Assay results are pending on 15 more holes, including DDH-35, which intercepted the same hydrothermal breccia structure cut by DDH-32 at approximately 25 meters greater depth. Preliminary drill results available so far are summarized below:



--------------------------------------------------------------------- SilverDrill Hole From (m) To (m) Interval (m) Equivalent(i) Copper (%)---------------------------------------------------------------------DH-31 58.80 62.40 3.40 436 g/t pending--------------------------------------------------------------------- including 61.10 62.40 1.30 810 pending---------------------------------------------------------------------DDH-3 34.5 41.2 6.70 2044 5.34--------------------------------------------------------------------- including 35.8 37.6 2.40 4283 10.38---------------------------------------------------------------------DH-33 66.6 67.5 1.90 167 pending---------------------------------------------------------------------DH-34 35.0 38.0 3.00 736 pending---------------------------------------------------------------------
(i) The silver equivalent is derived from a silver:gold ratio of 61:1; silver comprises more than 90% of the value.




The Company has completed a total of 49 drill holes during the first two phases of diamond drilling on this important project. These latest results confirm that the Toruel project contains a significant silver-copper resource along with important values in lead and zinc.

Company geologists are now mapping and sampling some of the other large veins on the property including the Ancha Vein (revealed to be up to 8 m wide and 700 m long), the Canyon Vein (10 m wide and 1,500 m long), and the White Goat Vein (up to 30 m wide and more than 1500 m long). An $850,000 Phase III drill program is planned to develop ore reserves in the main Toruel vein and for further testing of some of the other veins on this nearly 35,000 hectare property. All assaying is being done by Alex Stewart & Co. in Mendoza, Argentina. Elements other than silver and gold will be analyzed by ICP at the same laboratory.

NOTE: A map is available at the following link;
http://www.ccnmatthews.com/docs/mfm1128.pdf

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Vice President under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are Qualified Persons as defined by National Instrument 43-101.

This press release has been reviewed and approved by John Hite, President of Marifil Mines Ltd. and by Richard Walters, Executive Vice President of Marifil. Both are Qualified Persons, as defined by National Instrument 43-101, under whose direction the exploration programs are being carried out.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

[kraftdinner]

Intrepid Minerals starts drilling at Casposo


2005-11-22 12:51 MT - News Release

Mr. Laurence Curtis reports

INTREPID MINERALS RESUMES DRILLING CAMPAIGN ON KAMILA AND JULIETA, ARGENTINA

Intrepid Minerals Corp. has started up a minimum-3,000-metre drilling campaign at its Casposo project in San Juan province, Argentina. This campaign will target deep extensions to the Kamila gold-silver deposit and the Julieta vein system discovered earlier this year.

Intrepid began drilling deeper targets on the Inca vein southeast extension on Nov. 19, 2005. The Inca vein represents a significant portion of the resource estimated at the Kamila deposit and has been traced as a mineralized quartz-bearing structure to the east-southeast. Recent mapping and recompilation work by Intrepid's field staff and newly obtained geophysical information suggest that the potential strike extension to the Inca vein southeast has been down faulted by a young north-trending graben fault. Three 400-metre holes are intended to intersect the Inca vein at new depths to test the extension of the mineralized zone.

Julieta

New geological work completed over the past several months has prepared Julieta for a phase 1, 1,000-metre diamond drill program due to commence in early December and continue into the first quarter of 2006. The Julieta vein system is located four kilometres northwest of the Kamila-Mercado gold-silver system and is both topographically higher and hosted by rock units that stratigraphically overlie the host sequence at Kamila. The low-sulphidation vein system is well exposed over 800 metres although extensions below scree cover suggest a possible length of 1,500 metres. The classic colloform banded vein ranges from 0.5 to five metres in width with gold grades up to 56.9 grams per tonne gold and silver grades up to 324 g/t silver. Channel sampling and chip sampling have been completed across the structure at 25-metre intervals along strike. About 10 per cent of these channels assayed greater than five g/t gold (see press release No. 05-07 for details).

Geochemically, the system is very similar to gold-silver-enriched veins exposed at Kamila and Mercado, which have low base metal contents and a characteristic antimony signature (10 to 200 parts per million). The gold-to-silver ratios are higher at Julieta than Kamila, averaging 7:1. The Julieta vein is dominated by banded and cockade textures, with a high volume of calcite (average 30 per cent by volume). Both the calcite and gold-to-silver ratios suggest the Julieta system, where exposed, represents the upper portion of an epithermal system. Intrepid has completed fluid inclusion studies of the vein system, which also support this conclusion. A significant factor from an exploration standpoint is that gold and silver mineralization occurs throughout the Julieta vein system regardless of true elevation or relative elevation as determined by fluid inclusion studies.

We seek Safe Harbor.

[kraftdinner]

Marifil Mines begins phase 2 drilling in Argentina


2005-11-14 09:00 MT - News Release

Mr. John Hite reports

MARIFIL LAUNCHES PHASE II DRILLING AT TORUEL

Marifil Mines Ltd. has started a second round of diamond drilling at its wholly owned Toruel epithermal silver-gold project in Rio Negro province, Argentina. The company has discovered a system of fault controlled breccias and quartz veins over an area of 24 square kilometres on Toruel within recent months. (See news in Stockwatch Aug. 15, 2005.) To date, the company has drilled 46 holes on the property.

The initial portion of drilling in phase II focuses on the previously designated DH-24 target area of the main Toruel vein. During phase I drilling in June, 2005, DH-24 hit an approximate true thickness of 5.0 metres grading 5.11 per cent copper within an 8.8-metre interval grading 624 grams per tonne silver equivalent (gold plus silver). The company is seeking to delineate a high-grade ore shoot in this area with closely spaced drill holes.

To date, nine holes have been completed in this target, returning mineralized intercepts averaging 5.5 metres true thickness. These intercepts all contain significant amounts of copper sulphides.

Phase II consists of 1,200 metres of diamond drilling, which has produced numerous intercepts of silica-sulphide rich hydrothermal breccias and veins.

Mineralization generally consists of chalcopyrite, pyrite, tetrahedrite, covellite, galena, sphalerite and rare traces of native silver as clots, veinlets and disseminations within contiguous fault zone drill hole intercepts of multiphase breccia sealed with episodic silica. (Chalcopyrite, tetrahedrite and covellite are copper-bearing minerals; tetrahedrite is also a silver-bearing mineral; galena is a lead-bearing mineral; and sphalerite is a zinc-bearing mineral.) Assays are in progress.

The latest drilling has also penetrated the nearby Avispa and John veins. Each of these veins is more than 700 metres long and open-ended. Avispa trench sampling obtained values including 2.20 metres grading 1.70 g/t gold and 301 g/t silver and 0.90 metre at 6.89 g/t gold and 461 g/t silver. Three Avispa vein drill intercepts average 3.70 metres true width. Notable trench samples on the John vein include 2.5 metres at 0.13 g/t gold and 194 g/t silver and 5.2 metres containing 3.06 g/t gold and 175 g/t silver. Three John vein drill intercepts average 1.8 metres of true width.

Marifil's chief executive officer, John Hite, commented, "Our project geologists are highly encouraged by the presence of strong copper sulphide mineralization in many of the drill intercepts, particularly since tetrahedrite contains significant amounts of silver."

An induced polarization geophysical survey conducted on the property in September generated strong anomalies over the DH-24 target area as well as over the John and Avispa veins.

The new White Goat vein is a virgin drill target that may be tested in a subsequent drill program. Rock chip and soil sampling have shown it to be geochemically anomalous in gold, silver and other elements. The IP survey also defined strong anomalies associated with the White Goat vein. Silicified and brecciated outcrops range up to 30 metres wide on this vein.

Company geologists have recently discovered two more mineralized structures on the Toruel property. Reconnaissance sampling assay results of the Ancha and Canyon epithermal quartz veins are sufficiently encouraging that a mapping and trenching program is in order. Outcrops of these veins range up to 10 metres wide. The Ancha vein outcrops for over 700 metres along strike and the Canyon vein for over 1,500 metres and both veins are open-ended.

The first string of phase II drill core assay results is expected before the end of November. The drill program should also be completed prior to the month-end.

All assaying is being done by Alex Stewart & Co. in Mendoza, Argentina. Elements other than silver and gold will be analyzed by ICP at the same laboratory.

This press release has been reviewed and approved by Mr. Hite, president of Marifil Mines Ltd. and by Richard Walters, vice-president, under whose directions the exploration program is being carried out. Mr. Hite and Mr. Walters are qualified persons as defined by National Instrument 43-101.

[Ed Monton]

Cons Pacific Bay to raise $200,000 privately


2005-11-10 19:04 ET - News Release

Mr. Guilford Brett reports

FINANCING ARRANGED

Consolidated Pacific Bay Minerals Ltd. has arranged a non-brokered private placement for up to two million units at 10 cents each. Each unit consists of one common share and one non-transferable share purchase warrant that will allow the holder to purchase an additional common share at a price of 15 cents for a period of one year from the date of closing. The proceeds of the offering are to be used to finance the company's Cueva del Chacho uranium exploration project in La Rioja province, Argentina, and for working capital.

A finder's fee of 10 per cent, payable in common shares of the company at a price of 10 cents, may be payable on a portion of the financing.

[Ed Monton]

Intrepid Launches Feasibility Study of the Kamila Gold-Silver Deposit, Casposo Project, Argentina

TORONTO, ONTARIO--(CCNMatthews - Nov. 11, 2005) - Intrepid Minerals Corporation (TSX:IAU) is pleased to announce that it will further advance its 100% owned Kamila Deposit with the commissioning of Phase I of a feasibility study. The Kamila Deposit has been identified as the most advanced of several targets that comprise the Casposo Project located in the Province of San Juan, Argentina. This decision is based on results of a Preliminary Assessment Study completed by E. Puritch, P.Eng., J. Good P.Eng., and M. Buck P.Eng., and a review of the project by AMEC (Peru) S.A. "AMEC". AMEC reviewed all of Intrepid's work over the past two years and provided a program of work to advance the project to a feasibility study stage.

To follow-up this work, Intrepid Minerals has commissioned AMEC, who has South American mine project experience, to undertake Phase I of the feasibility study activities. The purpose of this feasibility study is to advance the Kamila Deposit to the development stage with AMEC providing the initial metallurgy, geotechnical investigations, mining method selection, facilities siting, financial modelling, environmental and social review services and an audit of the mineral resource and reserves.

The principal consultant for AMEC will be William Colquhoun, Pr Eng, study manager and metallurgist with the firm. This work will be completed in conjunction with Intrepid's independent Qualified Persons, Malcolm Buck, P.Eng. (costing and mine planning), John Goode, P.Eng. (metallurgy), and Eugene Puritch, P.Eng. of P&E Mining Consultants Inc. (resource estimation and pit optimization).

Based on the data collected to date and the Preliminary Assessment Study, the Kamila Deposit is expected to sustain a five year mine life recovering an average of 55,000 ounces of gold and one million ounces of silver (68,000 ounces of gold equivalent) annually from an open-pit with a final depth of 200 metres. Further drilling may enhance this mine life beyond the currently optimized pit limits.

Current processing is envisaged to be a combination of gravity concentration and cyanidation at a moderate grind size. A Merrill Crowe recovery process will be incorporated into the mill circuit, and recoveries are currently anticipated to be about 94% for gold and 80% for silver from feed with an average ore grade of 5.5 g/t gold and 123 g/t silver.

An updated mineral resource(3) estimate and an optimized pit model has been completed by Eugene Puritch, P. Eng. on behalf of the Company. This latest estimate incorporates an additional 3,240 metres of diamond drilling completed by the Company in 2005. This drilling has upgraded the potentially mineable portion of the resource to 95% indicated category material on an ounce basis and in excess of 90% on a tonne basis. The resource estimate and block model for the Kamila Deposit has been independently reviewed by Brett Gossage, Partner & Manager of Resources for RSG Global (Australia) who confirmed that the drill density is adequate to define this resource as optimized and that previous studies indicate exploration data to be robust.



Highlights for Kamila (US $400 gold, US $6.50 silver)
Table 1 - Global Resource(2)--------------------------------------------------------------------- Tonnes Grade Gold Equivalent(1) ------------------- Gold g/t Silver g/t g/t---------------------------------------------------------------------Indicated 1.4 g/t Au Eq Cut off 1,879,000 5.04 127 6.69---------------------------------------------------------------------Inferred 1.4 g/t Au Eq Cut off 439,000 1.90 91 3.08--------------------------------------------------------------------- Table 1 - Global Resource(2) (continued)--------------------------------------------------------------------- Contained Contained Contained Gold Gold Silver Equiv. (1) oz oz oz---------------------------------------------------------------------Indicated 1.4 g/t Au Eq Cut off 304,500 7,665,800 404,000---------------------------------------------------------------------Inferred 1.4 g/t Au Eq Cut off 26,800 1,287,000 43,500---------------------------------------------------------------------
Table 2 - Kamila Potentially Mineable Portion of Resource(2)--------------------------------------------------------------------- Tonnes Grade Gold Equivalent(1) ------------------- Gold g/t Silver g/t g/t---------------------------------------------------------------------Indicated 1.4 g/t Au Eq Cut off 1,534,000 5.75 127 7.40---------------------------------------------------------------------Inferred 1.4 g/t Au Eq Cut off 145,000 2.40 87 3.54---------------------------------------------------------------------
Table 2 - Kamila Potentially Mineable Portion of Resource(2) (continued)--------------------------------------------------------------------- Contained Contained Contained Gold Gold Silver Equiv. (1) oz oz oz---------------------------------------------------------------------Indicated 1.4 g/t Au Eq Cut off 283,700 6,237,100 364,700---------------------------------------------------------------------Inferred 1.4 g/t Au Eq Cut off 11,200 404,900 16,500---------------------------------------------------------------------




............


(1) One ounce of recoverable gold is equivalent to 77 ounces recoverable silver based on recoveries of 94% for gold and 74% for silver at a gold price of US$400 per ounce and silver price of US$6.50 per ounce.

(2) Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues.

(3) Current viability of the resource is established using a 1.4 g/t gold equivalent cut off grade based on stated recoveries and
densities, processing and G&A costs of US$13.80 and US$2.92 respectively.

The next phase of drilling at the Casposo project is scheduled to commence this month with several targets, including the recently discovered Julieta Zone. Julieta is a target for near surface mineralisation which could add ounces to the Kamila resource. Intrepid is currently building a drill road to access the Julieta Zone, approximately 4 km northwest of the Kamila Deposit. Julieta constitutes a 1.5 km long colloform banded quartz vein system which carries gold values up to 52 g/t gold over a width of 1.5 metres.

President Laurence Curtis stated, "With Kamila launched to feasibility, our exploration team can now focus their attention on our discovery at Julieta as well as at Cerro Norte and the Inca Southeast targets at Casposo. Further success at these satellite zones will have a significant impact on the mine life and economics at Casposo". Intrepid retains 19 other properties within the Central San Juan region covering extensive low and high sulphidation systems. These properties are also being actively explored by Intrepid's Argentine exploration team.

Intrepid Minerals is a TSX-listed company engaged in the acquisition, exploration and development of mineral prospects. The Company, either directly or through joint venture partnership, holds interests in several gold-silver and silver-base metal properties in Argentina, El Salvador, and Canada. Intrepid has 49,344,552 shares outstanding.

FORWARD LOOKING STATEMENTS

This Press Release contains certain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX has neither approved nor disapproved the information contained in this press release.

The TSX Venture Exchange has neither approved nor disapproved the information contained in this press release.

[Ed Monton]

Wealth Minerals options Madero from Barraz, Ramos


2005-10-20 16:19 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a letter agreement between Carlos Ballon Barraza and Carlos Martin Ramos and Wealth Minerals Ltd. The company has acquired the option to acquire 100 per cent of the shares of Madero Minerals SA, which owns 17 mineral properties in Argentina.