Righty's Gold Mine

[6_sense]

Andean Intersects 32m of 34.6 g/t Gold and 214 g/t Silver With a 50m Stepout

ANDEAN RESOURCES LTD AND 1/27/2009 9:02:44 PMPERTH, AUSTRALIA, Jan 27, 2009 (MARKET WIRE via COMTEX News Network) --
Andean Resources (TSX: AND)(ASX: AND) reports the next set of results from its ongoing 2008/09 drill program at its 100% owned Cerro Negro project in Southern Argentina. Today's results include the following highlights:

- EDD-901 drilled 50m to the west of EDD-887 (31m of 52.1 g/t Au and 568 g/t Ag) at a similar depth and intersected 32m of 34.6m Au and 214 g/t Ag on the Eureka West veins

- 721 Vein extended along strike with high grades, including ERC-8135, which intersected 4m of 49.6 g/t Au and 667 g/t Ag

- New high-grade zone intersected in the Eureka Main vein including ERC-8125 with 4m of 32.0 g/t Au and 844 g/t Ag

- Deep step-out drilling continues at Eureka West

Reported widths are intersected widths, and true widths are less in every case (see Table 1 for detailed drill data). Andean has assumed an underground cut-off grade of 2.5 g/t gold at Eureka for all the interval summaries reported in this release.

Eureka West Veins - Step-out Holes

The following four drill-holes represent the most significant step-out holes drilled beyond the existing high-grade resource blocks, which define the current Mineral Resource at Eureka West.

EDD-901: 32m of 34.6 g/t Au and 214 g/t Ag from 340mIncluding: 17.6m of 41.5 g/t Au and 335 g/t Ag from 340mand 1.0m of 327.1 g/t Au and 413 g/t Ag from 364mEDD-8110: 11.3m of 10.2 g/t Au and 252 g/t Ag from 216mIncluding: 1.7m of 41.5 g/t Au and 602 g/t Ag from 223mEDD-8118: 10m of 17.7 g/t Au and 231 g/t Ag from 243mIncluding: 5m of 27.7 g/t Au and 331 g/t Ag from 248mEDD-8126: 8m of 8.1 g/t Au and 61 g/t Ag from 381mIncluding: 1m of 25.9 g/t Au and 211 g/t Ag from 381mEDD-901 was a deep exploration hole, drilled 50m to the west of EDD-887, to determine the extent of deep high grade mineralization. The true width of this zone is about 19m and the intersection is at approximately 350m asl (above sea level). Two further drill holes have been drilled at 50m step-outs to the west and intersected quartz vein. Currently, a deep drill hole is being drilled 50m to the east of EDD-887 at the same elevation.

EDD-8110 and EDD-8118 were drilled on the same section (200E) below previous drilling and updip from EDD-887. See attached cross-section of 200E.

EDD-8126 was drilled on the most westerly section (150W) where the Eureka West veins have been intersected, and about 50m beneath the previous drilling. See the attached long-section showing the intersection at the 350m asl.

721 Vein - Extension Drilling

Several new holes have been drilled into the 721 Vein, which lies en-echelon from the Eureka West veins. These latest results appear to have connected it to the previously announced Evita Vein and have extended the high-grade ore shoot comprising the 721 Vein to the east:

ERC-8131: 11m of 17.4 g/t Au and 33 g/t Ag from 168m Including: 2m of 41.6 g/t Au and 56 g/t Ag from 171m and 3m of 25.7 g/t Au and 72 g/t Ag from 175m ERC-8135: 4m of 49.6 g/t Au and 667 g/t Ag from 265m

These results are respectively above and below a previously-announced intersection (5m of 13.9 g/t Au, 77 g/t Ag) in ERC-863.and extend the resource up-dip and down-dip from that hole. The ore shoot remains open along strike to the east and to the west, as well as down-plunge. Currently, the mineralization defined at the 721 Vein is not included in the April 2008 Mineral Resource for the Eureka West veins, which formed the basis of the PFS completed in October 2008.

Eureka Main Vein - Extension Drilling

The Eureka Main Vein lies approximately 150m to the north of the 721 Vein, and to date has received limited drilling. Several new holes have been drilled into the Eureka Main vein to further delineate the ore-shoot previously defined west of the Canadon del Puma and were successful in intersecting additional high-grades including:

ERC-8119: 2m of 12.8 g/t Au and 32 g/t Ag from 217m ERC-8125: 4m of 9.4 g/t Au and 262 g/t Ag from 141m and 4m of 32.0 g/t Au and 844 g/t Ag from 157m ERC-8127: 13m of 3.7 g/t Au and 183 g/t Ag from 135m ERC-8129: 3m of 20.2 g/t Au and 150 g/t Ag from 151m EDD-8140: 6m of 8.9 g/t Au and 61 g/t Ag from 209m

All of these holes are shown on the attached longitudinal section of the first ore shoot on the 4km Eureka Main Vein. The intersections in ERC-8125 and ERC-8129 are especially encouraging, as they demonstrate high grade mineralisation at relatively shallow depth up-dip from previously announced holes, i.e.:

- ERC-8125 - above 8m of 6.9 g/t Au, 159 g/t Ag in EDD-834

- ERC-8129 - above EDD-712; which intersected no significant values

As shown on the longitudinal section, the Main Vein ore shoot remains open both up- and down-plunge. Again, the mineralization defined at the Eureka Main Vein is not included in the April 2008 Mineral Resource, but will be included in the resource for all the Eureka veins being prepared for the June quarter of this year.

Wayne Hubert, Andean's CEO, summarized, "Overall, the Eureka area at Cerro Negro is proving to be a world class epithermal system with bonanza grades now becoming common in three of the known veins, only one of which, the Eureka West vein, currently has gold and silver resources attributable to it. These extraordinary mineralized widths and high grades are expected to significantly improve the updated Eureka resource and extend the high-grades in the mine-life, which will again improve the already robust project economics."

Next Steps

Andean's 2008/09 exploration programs continue to progress ahead of schedule. Three drills are on the property exploring the Eureka West veins to depth, extending the 721 vein, and drill-testing areas for the Bankable Feasibility Study.

Table 1: Drill Hole DataEureka West Vein Intersections (at a 2.5 g/t Au cut-off grade)---------------------------------------------------------------------------- Azi- Elev- muth From To Width g/t g/tHole Easting Northing ation (true) Angle (m) (m) (m) Au Ag--------------------------------------------------------------------------------------------------------------------------------------------------------EDD- 8110 2394090 4808172 645 45 -66 216 227.3 11.3 10.2 252---------------------------------------------------------------------------- including 223 224.7 1.7 41.5 602---------------------------------------------------------------------------- 230.3 233 2.7 2.9 128--------------------------------------------------------------------------------------------------------------------------------------------------------EDD- 8118 2394095 4808174 645 45 -72 243 253 10 17.7 231---------------------------------------------------------------------------- including 248 253 5 27.7 331--------------------------------------------------------------------------------------------------------------------------------------------------------EDD- 8126 2393813 4808377 702 45 -72 381 389 8 8.1 67---------------------------------------------------------------------------- including 381 382 1 25.9 211--------------------------------------------------------------------------------------------------------------------------------------------------------EDD- 901 2394005 4808145 663 45 -65 340 372 32 34.6 214---------------------------------------------------------------------------- 340 357.6 17.6 41.5 335 including --------------------------------- 364 365 1 327.1 413--------------------------------------------------------------------------------------------------------------------------------------------------------721 Vein Intersections (at a 2.5 g/t Au cut-off grade)---------------------------------------------------------------------------- Azi- Elev- muth From To Width g/t g/tHole Easting Northing ation (true) Angle (m) (m) (m) Au Ag--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8101 2394598 4807837 646 0 -60 26 28 2 2.6 25---------------------------------------------------------------------------- 205 206 1 5.5 38--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8131 2394748 4807909 635 360 -60 136 137 1 4.1 103---------------------------------------------------------------------------- 168 179 11 17.4 33---------------------------------------------------------------------------- 171 173 2 41.6 56 including --------------------------------- 175 178 3 25.7 72--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8132 2394697 4807913 645 360 -60 96 99 3 3.0 82---------------------------------------------------------------------------- 130 134 4 2.7 78--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8135 2394747 4807841 622 360 -67 265 269 4 49.6 667---------------------------------------------------------------------------- including 266 267 1 168.0 2234--------------------------------------------------------------------------------------------------------------------------------------------------------Eureka Main Vein Intersections (at a 2.5 g/t Au cut-off grade)---------------------------------------------------------------------------- Azi- Elev- muth From To Width g/t g/tHole Easting Northing ation (true) Angle (m) (m) (m) Au Ag--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8119 2394948 4807945 601 360 -65 177 178 1 2.5 226---------------------------------------------------------------------------- 204 205 1 3.5 10---------------------------------------------------------------------------- 217 219 2 12.8 32--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8121 2394919 4808002 609 360 -60 113 118 5 3.1 107---------------------------------------------------------------------------- 146 150 4 3.3 77--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8123 2394795 4808054 645 360 -60 39 40 1 4.9 29--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8125 2394848 4808023 633 360 -60 103 105 2 3.5 155---------------------------------------------------------------------------- 141 145 4 9.4 262---------------------------------------------------------------------------- including 143 144 1 24.2 784---------------------------------------------------------------------------- 157 161 4 32.0 844---------------------------------------------------------------------------- 158 161 3 41.1 1108 including --------------------------------- 159 160 1 62.6 2156--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8127 2394768 4808018 646 360 -60 112 113 1 5.5 76---------------------------------------------------------------------------- 135 148 13 3.7 183---------------------------------------------------------------------------- including 145 146 1 9.9 235--------------------------------------------------------------------------------------------------------------------------------------------------------ERC- 8129 2394997 4807994 576 360 -55 151 154 3 20.2 150---------------------------------------------------------------------------- including 151 153 2 28.5 221--------------------------------------------------------------------------------------------------------------------------------------------------------EDD- 8140 2394771 4808014 646 360 -67 209 215 6 8.9 61---------------------------------------------------------------------------- including 209 212 3 12.7 99----------------------------------------------------------------------------(1) Intersections are drilled widths, not true widths. True widths are less than drilled intersections and can be determined from the Eureka cross- sections provided(2) Some coordinates and elevations are approximate and subject to final survey by a licensed surveyorIn the above table, the Gauss Kruger coordinate system and the Campo Inchauspe datum are used to define drill hole collar positions. However on the longitudinal projection of the Eureka West Vein, the coordinate system refers to a local grid established for drilling the Eureka West Vein.

Quality Control and Assurance

The analytical results quoted in this release are derived from half drill core in the case of diamond drill holes, or from cuttings in the case of reverse circulation holes. Samples are prepared and assayed by ACME Analytical Laboratories SA (Mendoza) in Mendoza, Argentina.

Gold is determined initially by fire assay with AA finish. Samples assaying more than 10 ppm gold are re-assayed using a gravimetric finish.

Silver is determined initially by AAS, and samples assaying more than 100 ppm silver are re-assayed by fire assay with gravimetric finish.

Quality control of the analytical results is maintained by inserting standards, blanks, and duplicates into the sample run, approximately every twenty samples. Additional quality control is maintained by sending assay sample splits to a second laboratory from time to time. These checks are evaluated statistically at regular intervals.

All analytical data are entered into a Microsoft Access database, with limited access and numerous checks to ensure integrity of the data.

Note: The information in this Report that relates to exploration results is based on information provided by David Shatwell who is a Fellow of the Australian Institute of Geoscientists. Mr Shatwell has extensive experience relevant to the style and type of mineralisation and deposits under consideration, and to the activity undertaken, to qualify as a Competent Person as defined in the 2004 Edition of the "Australian Code for Reporting of Mineral Resources and Ore Reserves" (the JORC Code). Mr Shatwell consents to the inclusion in this Report on his work in the form and context in which it appears.

Andean Resources Ltd (www.andean.com.au) is an Australian and Toronto listed gold explorer searching for precious metals in the Andes, with four large property positions in the Patagonia.

Figure 1 is available at the following link: http://media3.marketwire.com/docs/and0127fig1.pdf.

Figure 2 is available at the following link: http://media3.marketwire.com/docs/and0127fig2.pdf.

Figure 3 is available at the following link: http://media3.marketwire.com/docs/and0127fig3.pdf.

Figure 4 is available at the following link: http://media3.marketwire.com/docs/and0127fig4.pdf.

A.C.N. 064 494 319

Contacts: Andean Resources Ltd. Krista Muhr Director of Investor Relations [phone] Email: [e-mail] Website: www.andeangold.com

SOURCE: Andean Resources Ltd.

mailto:[e-mail] http://www.andeangold.com

[righty]

doji! nice lil bounce uh?

[6_sense]

LUN.TO(.95)Lundin Shareholders Approve Arrangement
Last Update: 1/26/2009 5:29:49 PM


TORONTO, ONTARIO, Jan 26, 2009 (MARKET WIRE via COMTEX) -- Lundin Mining Corporation (LUN)(LMC)(OMX: LUMI) ("Lundin Mining" or the "Company") today announced that Lundin Mining shareholders have approved the previously announced arrangement under the Canada Business Corporations Act whereby HudBay Minerals Inc. ("HudBay") will acquire all of the issued and outstanding common shares of Lundin Mining. As a result of the arrangement, shareholders of Lundin Mining will receive 0.3919 of a common share of HudBay for each common share of Lundin Mining. The arrangement was approved by approximately 99.70% of the votes cast by Lundin Mining shareholders present in person or represented by proxy at the Lundin Mining special meeting.

The arrangement remains, among other things, subject to: (a) final approval of the Ontario Superior Court of Justice (Commercial List), which approval is expected to be sought on January 28, 2009; and (b) as a result of the previously announced Ontario Securities Commission decision rendered on January 23, 2009, HudBay obtaining approval of the issuance of the HudBay common shares, which are to be issued in connection with the arrangement, by a simple majority of the votes cast by HudBay shareholders entitled to vote at a duly convened special meeting of HudBay shareholders.

ABOUT LUNDIN MINING

Lundin Mining Corporation is a diversified base metals mining company with operations in Portugal, Spain and Sweden, producing copper, nickel, lead and zinc. In addition, Lundin Mining holds a development project pipeline which includes the world class Tenke Fungurume copper/cobalt project in the Democratic Republic of Congo and holds an extensive exploration portfolio and interests in international mining and exploration ventures.

On Behalf of the Board,

Phil Wright, President and CEO

Forward Looking Statements

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act or "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 of the United States. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to foreign currency fluctuations; risks inherent in mining including environmental hazards, industrial accidents, unusual or unexpected geological formations, ground control problems and flooding; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; actual ore mined varying from estimates of grade, tonnage, dilution and metallurgical and other characteristics; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; uncertain political and economic environments; changes in laws or policies, foreign taxation, delays or the inability to obtain necessary governmental permits; and other risks and uncertainties, including those described under Risk Factors Relating to the Company's Business in the Company's Annual Information Form and in each management discussion and analysis. Forward-looking information is in addition based on various assumptions including, without limitation, the expectations and beliefs of management, the assumed long term price of copper, lead and zinc; that the Company can access financing, appropriate equipment and sufficient labour and that the political environment where the Company operates will continue to support the development and operation of mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

Cautionary Notes to Investors - Reserve and Resource Estimates

In accordance with applicable Canadian securities regulatory requirements, all mineral reserve and mineral resource estimates of the Company disclosed or incorporated by reference in this Annual Information Form have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum's "CIM Standards on Mineral Resources and Reserves Definitions and Guidelines" (the "CIM Guidelines"). The definitions of mineral reserves and mineral resources are set out in our disclosure of our mineral reserve and mineral resource estimates in our Annual Information Form.

The Company uses the terms "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". While those terms are recognized by Canadian securities regulatory authorities, they are not recognized by the United States Securities and Exchange Commission the "SEC") and the SEC does not permit U.S. companies to disclose resources in their filings with the SEC.

Pursuant to the CIM Guidelines, mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured or indicated mineral resources, have the least certainty as to their existence, and it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to an indicated or measured mineral resource as a result of continued exploration. Pursuant to NI 43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted into a mineral reserve, or is or will ever be economically or legally mineable or recovered.

Contacts:
Lundin Mining Corporation
Sophia Shane
Investor Relations North America
[phone]
Lundin Mining Corporation
Josh Crumb
Senior Business Analyst
[phone]
[phone] (FAX)
Lundin Mining Corporation
Robert Eriksson
Investor Relations Europe
[phone]
Website:
www.lundinmining.com

SOURCE: Lundin Mining Corporation

http://www.lundinmining.com

Copyright 2009 Market Wire, All rights reserved.

[6_sense]

Lun.to(.95)Lundin Mining Corporation: Tenke Project Update
Last Update: 1/26/2009 8:19:35 AM


TORONTO, ONTARIO, Jan 26, 2009 (MARKET WIRE via COMTEX) -- Lundin Mining Corporation ("Lundin Mining" or the "Company") (LUN)(LMC)(OMX: LUMI) is pleased to report that the Tenke copper/cobalt project is expected to enter the commissioning phase in the second quarter of 2009 with a target of producing first copper cathode in that quarter. Full commercial production is forecast in the second half 2009. Please see attached photos showing construction progress: http://media3.marketwire.com/docs/lun126ph.pdf .

Commenting on this, Mr. Phil Wright, President and CEO of Lundin Mining, said, "Construction progress is matching world's best practice and we are impressed with the way Freeport are handling this.

"This is a world class project that is now approaching production, benefiting all stakeholders including the equity shareholders, the Government of the DRC and the surrounding communities," Mr. Wright said.

Excellent construction progress is being made under the leadership of Freeport-McMoRan Copper & Gold Inc. ("Freeport"), an onsite work force in excess of 8,000 continue to progress with safety performance on the project equal to world's best in class.

Pre-production mining at Kwatebala has produced an initial stockpile of mill grade ore, the operations work force is continuing to be assembled and trained and startup supplies of diesel, acid and other critical process consumables are on site.

The Company is pleased to report that construction costs to complete the initial phase of the project are expected to be below Freeport's previous capital cost estimate of $1.75 billion. The Company's obligations for cash funding of capital costs for the initial phase of production were completed in November 2008. Lundin Mining's capital requirements for 2009 on Tenke are expected to be less than $40 million covering: prorata working capital; exploration drilling; expansion studies; and other minor costs.

Lundin Mining and Freeport have committed to long term regional infrastructure investments in the DRC at an unprecedented level. The investment in national road upgrades made by a consortium of mining companies assembled by Freeport ahead of the last rainy season working in conjunction with local and national authorities, has been a significant contributor to not only Tenke's construction schedule improvements, but also to facilitating regional trade by dramatically improving travel times between the major population centers in the south of Katanga Province.

Through a $US 140 million financing and technical support agreement with the Congolese state power authority, refurbishment of the Nseke hydro plant and upgrades to the regional transmission system is advancing to significantly improve reliability and overall power available on the grid. The Tenke partners are also contributing to other regional infrastructure including improvements of the border crossing facilities at the DRC/Zambian border aimed at improving transport times for imports and exports.

Project sponsored social investment programs continue to expand including local micro enterprise businesses, agricultural capacity building initiatives, malarial abatement, new medical facilities, and several new schools are now in full operation.

About Lundin Mining

Lundin Mining holds a 24.75% equity interest in the Tenke Fungurume Copper/Cobalt Project, in Katanga Province, Democratic Republic of Congo. Construction of the first phase of operations is nearing completion by operating partner Freeport. Upon completion of this first phase of Tenke development, the mine is expected to produce approximately 115,000 metric tonnes per annum ("tpa") of copper cathode, and 8,000 tpa cobalt.

On Behalf of the Board,

Phil Wright, President and CEO

Forward Looking Statements

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act or "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 of the United States. Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to foreign currency fluctuations; risks inherent in mining including environmental hazards, industrial accidents, unusual or unexpected geological formations, ground control problems and flooding; risks associated with the estimation of mineral resources and reserves and the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; the potential for and effects of labour disputes or other unanticipated difficulties with or shortages of labour or interruptions in production; actual ore mined varying from estimates of grade, tonnage, dilution and metallurgical and other characteristics; the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations; uncertain political and economic environments; changes in laws or policies, foreign taxation, delays or the inability to obtain necessary governmental permits; and other risks and uncertainties, including those described under Risk Factors Relating to the Company's Business in the Company's Annual Information Form and in each management discussion and analysis. Forward-looking information is in addition based on various assumptions including, without limitation, the expectations and beliefs of management, the assumed long term price of copper, lead and zinc; that the Company can access financing, appropriate equipment and sufficient labour and that the political environment where the Company operates will continue to support the development and operation of mining projects. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements.

Cautionary Notes to Investors - Reserve and Resource Estimates

In accordance with applicable Canadian securities regulatory requirements, all mineral reserve and mineral resource estimates of the Company disclosed or incorporated by reference in this Annual Information Form have been prepared in accordance with Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum's "CIM Standards on Mineral Resources and Reserves Definitions and Guidelines" (the "CIM Guidelines"). The definitions of mineral reserves and mineral resources are set out in our disclosure of our mineral reserve and mineral resource estimates that are disclosed or incorporated by reference in this Annual Information Form.

The Company uses the terms "mineral resources", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". While those terms are recognized by Canadian securities regulatory authorities, they are not recognized by the United States Securities and Exchange Commission (the "SEC") and the SEC does not permit U.S. companies to disclose resources in their filings with the SEC.

Pursuant to the CIM Guidelines, mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured or indicated mineral resources, have the least certainty as to their existence, and it cannot be assumed that all or any part of an inferred mineral resource will be upgraded to an indicated or measured mineral resource as a result of continued exploration. Pursuant to NI 43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted into a mineral reserve, or is or will ever be economically or legally mineable or recovered.

Contacts:
Lundin Mining Corporation
Sophia Shane
Investor Relations North America
[phone]
Lundin Mining Corporation
Josh Crumb
Senior Business Analyst
[phone]
[phone] (FAX)
Lundin Mining Corporation
Robert Eriksson
Investor Relations Europe
[phone]
Website:
www.lundinmining.com

SOURCE: Lundin Mining Corporation

http://www.lundinmining.com

Copyright 2009 Market Wire, All rights reserved.

[6_sense]

[Homard]

6/10 volume leaders GOLD and all GREEN today :)

[Zardiw]

Muhhaaa haa haaa........et z

[prettynpink]

eyes on BWNR today!

[righty]

All the better to taste the gold my precious!

[Zardiw]

Hey Righty!!!.....lots of charts dude!!...lol......et z

[righty]

yes the euro is surging, the euro/usd pair is an interesting chart to plot next to the gold chart these days, very interesting.

[righty]

Your very welcome, I rather like myself! enjoy!

[NYBob]

Euro and Gold on the Rise -

http://www.marketoracle.co.uk/Article8433.html

btw.
a mining show this weekend -
http://investorshub.advfn.com/boards/board.aspx?board_id=2205

Vancouver Resource Investment Conference
Vancouver, British Columbia, Canada
Sunday-Monday, January 25-26, 2008

[potentiallydangerous]

Righty, thank you for making this board. It is a great help.

[mick]

righty, good morning and to all. gold up today.

http://www.reuters.com/article/reutersEdge/idUSTRE48P65I20080926?pageNumber=1&virtualBrandChannel=0

[righty]

Gold bugs see vindication in Wall Street mess
Fri Sep 26, 2008 12:09pm EDT

http://www.reuters.com/article/reutersEdge/idUSTRE48P65I20080926?pageNumber=1&virtualBrandChannel=0

NEW YORK (Reuters) - Die-hard gold believers, derided by mainstream investors because of their steadfast bullishness no matter what market conditions were like, feel vindicated by the current turmoil on Wall Street.

Shaken by the worst financial crisis since the Great Depression, people fearful of their bank deposits and money market accounts have flocked to buy gold jewelry and coins.

Gold's rise above $1,000 an ounce in March was an "I told you so" moment for one leading gold advocacy group, the Gold Anti-Trust Action Committee.

Conventional investors view GATA as a conspiracy-theory group, with very little evidence to back up its claim that governments, central banks and commercial banks have colluded to keep the price of gold weak.

Although gold is off its record at slightly below $900 an ounce, GATA Chairman Bill Murphy predicted this week that the U.S. government's $700 billion market rescue proposal for the financial sector will give a "staggering" boost to gold because it would feed inflation and hurt confidence in U.S. markets.

"People from the average American to the sovereign wealth funds are going to pile into the tiny gold and silver markets," said Murphy, who maintained that gold needed to rise to between $3,000 and $5,000 an ounce for market equilibrium.

Even when gold was at its post-floatation low at $251.70 an ounce in 1999, GATA kept saying bullion would surpass its 1980 high above $800.

Last Wednesday, gold logged its biggest one-day price jump ever as investors switched out of the U.S. dollar, equities and government paper into a trusted safe haven.

On Wednesday, spot gold traded at $888.15 per ounce. It has rallied 18 percent since hitting an 11-month low at $754.70 on Sept 11.

While oil this year hit a record in inflation-adjusted as well as nominal terms at near $150 per barrel, gold is far from an inflation-adjusted record, which analysts GFMS has put as high as $2,079 per ounce.

HOARDING

Gold dealers around the world reported that physical gold buying has soared, particularly in top consumer India and in the Middle East, with upcoming Hindu and Muslim festivals.

The industry-sponsored World Gold Council reported strong sales of gold coins and small bars in the U.S. market, particularly by private retail investors.

On the other hand, Eric Harris, co-owner of New York-based jeweler Niletti Creations, said he has seen clients selling instead of buying gold to profit from the lofty price.

"A lot of my customers who have been hoarding up their gold are selling it because now it's a good time to sell scrap gold," Harris said.

Donald Doyle, CEO of Blanchard & Co said sales at the largest U.S. rare coins retail dealer had tripled in the past two weeks.

"Our business has been busier than we have ever been before in the history of the company. People feel like if they can't even count on the money market funds for absolute safety, they want to get something even safer than that," Doyle said.

"Anything gold flies out the door," Doyle said.

In August, a shortage of the popular American Eagle bullion coins forced the U.S. Mint to temporarily suspend their sales.

Bullion holdings at SPDR Gold Trust GLD.P, the biggest gold exchange-traded fund, have increased by more than 100 tonnes to a record 724.94 tonnes since Lehman Brothers filed for bankruptcy protection and the takeover of Merrill Lynch by Banc of America was announced on Sept 15.

NEW GOLD STANDARD?

Peter Schiff, chief global strategist of broker-dealer Euro Pacific Capital, who has long promoted gold as an alternative investment, said the U.S. government bailout plan could backfire.

"It's going to ignite a huge round of inflation, and maybe finally the world is going to question why is the dollar the reserve currency," he said.

Schiff, who forecasts that gold will rise to $2,000 next year, said he believes the world should ultimately return to the gold standard, under which central banks pin their currency's value to gold,

Most developed countries abandoned the gold standard before the end of the Second World War. The dollar has not been convertible into gold since 1971.

Philip Gotthelf, publisher of Commodex System and the Commodity Futures Forecast Service, said the real market fear was that the dollar could be worth a lot less should the U.S. government decide to print its way out of the mess.

"I would rather be sitting with a hard asset that will always have some intrinsic value rather than take a chance on government gone wild," Gotthelf said.

[mick]

this person is s good following.

http://www.ThomCalandra.com Inside The Melt-Up
Only good money left is precious. Tipping point as gold virus spreads. Eight people to save the world. "Stink Bids" spread stock market toxins. ...
http://www.thomcalandra.com/
Thom Calandra - Wikipedia, the free encyclopedia
Thom Calandra was the founding editor and chief columnist for CBS MarketWatch. ... Thom Calandra, Litigation Release No. 19028". ^ Business Journalism (January ...
http://www.en.wikipedia.org/wiki/Thom_Calandra
ThomInAtor
THOM CALANDRA REPORT: For many investors who profited from a meteoric rise of ... The service is tentatively titled Thom Calandra Report. ...
http://www.thomcalandra.blogspot.com/
more...

[mick]

some canadian reports from today's trading.




Today on http://www.Stockhouse.com

Your opinion matters. Submit an article to Stockhouse today at [e-mail]. Submission guidelines can be found here.

Gold stock rally is the real thing, notes Troy Schwensen.

Eric Sprott on why to always go for the gold: Part 2, from The Gold Report.

Options traders are about to go on a roll, says Jud Pyle.

In today’s ThomWatch by Thom Calandra: how radical ideas incubate

Matt Mason discusses why blue chip stock investing is dead.

Buzz on the Boards stopped by the Sandvine Corporation (TSX: T.SVC, Stock Forum) and Wi-LAN Inc (TSX: T.WIN, Stock Forum) Bullboards.

Top Bullboards post: “Wasn't it Keynes who said markets can stay irrational longer than you can stay solvent? Don't use margin in these markets, only put in what you can afford to tie up[sic].” – From Dumpsterdiver65 on the Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (TSX: T.HOU, Stock Forum) Bullboard.

Top Bullboard: Thursday’s top three most posted Bullboards were Oilexco (TSX: T.OIL, Stock Forum), Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (TSX: T.HOU, Stock Forum), and EnerGulf Resources (TSX: V.ENG, Stock Forum).

Top blog: basherbob provided an update on his model portfolio early Thursday on the BasherBob's Timing The Market blog.

For news about small stocks that made big moves in Thursday trading, please read the Stockhouse Canadian Small and Micro-cap Stock Report.

Word on Wall Street

"Today is another example of how the end-of-the-year enthusiasm has run into the cold hard reality of how bad the news is," Art Hogan, chief market strategist at Jefferies & Co. told MarketWatch.

Selected expected U.S. earnings releases for Friday

[righty]

I dunno looking at the 5 yr weekly and other more recent short term charts you might have a nice reentry coming if sell vols continue

[righty]

auy 5 yr weekly chart has some interesting indy's to note

[Obi-Wan Kenobi 2]

this is true

def not trying to stomp on auy though at all... i think it has a LOT of potential to the upside to the tune of 100%

it has recently received 3 or 4 upward price estimates

[righty]

market went wrong generally....not much else to say really,

of course not having dd'd the company this is a general assumption predicated on many prior cases where folks are saying something is wrong with a particular stock because it has been dropping...

generally, in most cases it is just the market

if it is a drop that started in 2008 after march or so

quite the funny story really...bashers all over crying foul about a stock, when the whole damn market has been plunging

stupit really

some folks have been using the market conditions to slam stuff, when really...you could slam all day just throw a dart at any chart

that said, should take a close look at anything outside of the ones dropping march through dec midway...then bouncing from there

anything outside of that pattern might ave fundamentals worth noting.

[Obi-Wan Kenobi 2]

remember when we were looking at this thing back in like june and it had gone from i dunno about 14 to under 10 or something like that rather quickly and we were really curious as to what was going on over there

anyway, to the point

. gold didnt fall more than what 20 25% at worst from its highs and yet YAMANA pulled back into the 4's

off of its 52 week high of 19 and change,,,,

something is wrong there -- but isa dont know exactly

[Obi-Wan Kenobi 2]

yeah i knew it was bout to splode! i sold it two days prematurely...

i prematurely trade triggered

[Obi-Wan Kenobi 2]

ahh yeah i just have A-D-D or something

i treat stocks like.... well,,, ya know

i never marry em anymore and it costs me a lot of profit

but yeah, gold is gonna fly high sooner than later

[righty]

whoah some fairly respectable volume occuring there, consistently

[righty]

appears to be under accumulation on the way up..any ideas why?

[Obi-Wan Kenobi 2]

i recently had a 1k stack @ 5.85

i sold it at 5.90

ROFLMAAAAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

rofles

i knew gold waz bout to blizow izup

ges meee timin be off sliehhhtlee thare hay?

den kaboom! king of runner

qwik -- make a DD

[righty]

hmmm lesse AUY CHART

[Obi-Wan Kenobi 2]

Now dig through em all for the golden one ;)

That is the true trick!

RIGHTY what's up with our boys over @ YAMANA (nyse: auy)

I cant figure these guys out

[righty]

Yessir all of 'em

[mick]

oh my, all in uranium and rare earth elements?


ohhhhh now you gone and done it

start here


ABN.V ADI.V ALS.TO ALZ.V ASX.V AXU.TO AZM.V BAY.V BEA.V BRD.V BTC.V BTT.V CBP.V CCO.TO CHX.V CMD.V CMK.TO CQ.V CRC.V CTG.V CVV.V CXX.TO CZQ.TO DEJ.V DIT.V DML.TO DRA.V EAS.V EFR.TO ELN.V ELO.V EPL.V ERD.TO ESO.V EWR.V FCO.TO FDC.V FIU.TO FMM.V FRP.V FST.V FSY.TO FV.V GEM.V GHM.V GMX.TO GRS.TO GRW.V GU.V GWG.V GZZ.V HAT.V IBI.V IGC.V IGL.V IMT.V IRK.V JNN.V KHT.V KRI.TO LAM.TO LGR.V LRG.V LV.TO MAW.TO MGA.TO MM.V MMU.V MNV.V MXR.V MZU.V NAG.V NCR.V NSV.V NUC.V NWI.TO NWT.V PAF.V PDN.TO PEX.V PNP.TO PTU.V PUC.V PWE.TO PXP.V QTA.V RFM.V RH.V RM.V RPT.V RSC.TO SAN.V SBW.V SFR.V SGS.V SLT.V SMD.V SOX.V SRI.V SSE.V STM.V SUV.V TEL.V THR.TO THU.V THV.V TUE.V TVC.V TXM.V U.TO UCR.V UEX.TO ULU.V UNI.V UNR.V UPC.V URA.V URC.V URC.V URE.TO UUL.V UUU.TO UVN.V UWE.V VEM.TO WCU.V WGF.V WML.V WNP.V WRI.V WUC.V XE.V

[mick]

i certainly do for all mining there. srsr is there. uranium/NIOBIUM/rare earth elements.?

and now possibly HWBI

re;
I think your right, GOLD STANDARD economies are on the rise, and the amazing thing is folks don't really pay attention to the canadian mining stocks, yet canada controls something like 47% of the mining industry...WORLDWIDE?

yup

I recently read an article that said if gold were the solution to the worlds economy problems, they would need 50k/oz

lol, IMAGINE!

[Obi-Wan Kenobi 2]

my crystal ball musta been a tad bit off

oh well

they wanna do it again!! market rollin over

Obama may cause the swing prematurely though ub 14 minutes!

[Obi-Wan Kenobi 2]

REPEAT potential -- I think they may drop this cat and see if it still bounces

[righty]

yup but not that low...so today I am king!...you can be queen tomorrow...lol

nice bounce call tho....holy!!!

next time underexaggerate the dip and overexaggerate the pop and youll be king!

[righty]

ohhhhh now you gone and done it

start here

 
 ABN.V 
 ADI.V 
 ALS.TO 
 ALZ.V 
 ASX.V 
 AXU.TO 
 AZM.V 
 BAY.V 
 BEA.V 
 BRD.V 
 BTC.V 
 BTT.V 
 CBP.V 
 CCO.TO 
 CHX.V 
 CMD.V 
 CMK.TO 
 CQ.V 
 CRC.V 
 CTG.V 
 CVV.V 
 CXX.TO 
 CZQ.TO 
 DEJ.V 
 DIT.V 
 DML.TO 
 DRA.V 
 EAS.V 
 EFR.TO 
 ELN.V 
 ELO.V 
 EPL.V 
 ERD.TO 
 ESO.V 
 EWR.V 
 FCO.TO 
 FDC.V 
 FIU.TO 
 FMM.V 
 FRP.V 
 FST.V 
 FSY.TO 
 FV.V 
 GEM.V 
 GHM.V 
 GMX.TO 
 GRS.TO 
 GRW.V 
 GU.V 
 GWG.V 
 GZZ.V 
 HAT.V 
 IBI.V 
 IGC.V 
 IGL.V 
 IMT.V 
 IRK.V 
 JNN.V 
 KHT.V 
 KRI.TO 
 LAM.TO 
 LGR.V 
 LRG.V 
 LV.TO 
 MAW.TO 
 MGA.TO 
 MM.V 
 MMU.V 
 MNV.V 
 MXR.V 
 MZU.V 
 NAG.V 
 NCR.V 
 NSV.V 
 NUC.V 
 NWI.TO 
 NWT.V 
 PAF.V 
 PDN.TO 
 PEX.V 
 PNP.TO 
 PTU.V 
 PUC.V 
 PWE.TO 
 PXP.V 
 QTA.V 
 RFM.V 
 RH.V 
 RM.V 
 RPT.V 
 RSC.TO 
 SAN.V 
 SBW.V 
 SFR.V 
 SGS.V 
 SLT.V 
 SMD.V 
 SOX.V 
 SRI.V 
 SSE.V 
 STM.V 
 SUV.V 
 TEL.V 
 THR.TO 
 THU.V 
 THV.V 
 TUE.V 
 TVC.V 
 TXM.V 
 U.TO 
 UCR.V 
 UEX.TO 
 ULU.V 
 UNI.V 
 UNR.V 
 UPC.V 
 URA.V 
 URC.V 
 URC.V 
 URE.TO 
 UUL.V 
 UUU.TO 
 UVN.V 
 UWE.V 
 VEM.TO 
 WCU.V 
 WGF.V 
 WML.V 
 WNP.V 
 WRI.V 
 WUC.V 
 XE.V 
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 

[righty]

I think your right, GOLD STANDARD economies are on the rise, and the amazing thing is folks don't really pay attention to the canadian mining stocks, yet canada controls something like 47% of the mining industry...WORLDWIDE?

yup

I recently read an article that said if gold were the solution to the worlds economy problems, they would need 50k/oz

lol, IMAGINE!

[mick]

any special ones to radar?

uranium is needed world wide and some forgot that stuff.

[righty]

uranium mining stocks are humming

[mick]

TARP? it isn't even enough for just u.s.a. think about the world financials too.

tuff times are ah coming. it could be worse than the 1929 crash do to printing more dollars.

new money will have to be printed backed with gold standard.
imo

[mick]

righty , Obi-Wan Kenobi & all good evening. with bac and financials i don't see dow 30 10-k this year.

metal and mining are for 2009.

uranium?

[mick]

this one? could get interesting.

i did several so i'll pm it.

[Obi-Wan Kenobi 2]

well we did see it dip below 8000

strong bounce

[righty]

DOW JONES Intraday Chart

[righty]

AYE...WOHL IVE NOT HARRRRRD OF N ELVEN BLOOO STICK CARRYIN GOLDY HORDIN JEDI AFORE

n itz twyce for lass lykley, to ave seen one

BUT!... IF IT BE DOW BASHIN YORE SEEKIN BY

DIN AH FIGGER YORE SEVEN TIMES MORE LYKLY TO FIND RESISTANCE FOR A HUNDRID POYNTES LAWER DAN 78 HUNDY BY

the reel riddle yo see, be when the yank buck slipd past euro worth 1.34 to itself...and the awl caint fetch 40 buck a barril

den you see

QUICK................DO A DD!!!!!!

[Obi-Wan Kenobi 2]

im long gold mate

hope all is well...

me blue stick is put away sire... i left it down by the shire... the elves are ready to buy away at 7800 mate

cant let the dingo steal our baaabaay

[righty]

FREAKIN DOW BASHERS...MAN O MAN LOL

[righty]

WUZZAT DOW SPAM?

Y I OTTA

DIS HERE DA GOLD BOARD UBIE-VAN KENUBIE

spaken de golden.....

wavin that blue stick round will curry you NO favors!

[Obi-Wan Kenobi 2]

LOL