Zinc

[Lone Clone]

Zincore Options Antelope Zinc Oxide Property in Nevada
Tuesday July 31, 8:00 am ET

http://ca.us.biz.yahoo.com/iw/070731/0284403.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 31, 2007 -- Zincore Metals Inc. (Toronto:ZNC.TO - News) ("Zincore" or "the Company") has signed a binding letter of intent ("LOI") with AuEx Ventures, Inc. ("AuEx"), a Nevada-based exploration company, to earn up to 70% of AuEx's Antelope zinc oxide property in Nye County, Nevada. Under the terms of the LOI, Zincore has been granted the option to earn a 51% undivided interest in the Antelope project by completing $1 million in exploration expenditures within four years. Upon completing the initial earn-in, Zincore has the option to earn an additional 19% undivided interest in the property, for a total 70% interest, by funding all expenditures necessary to complete a feasibility study. Under the terms of the LOI, Zincore is committed to making a US$10,000 payment to AuEx upon signing of the definitive agreement and incurring US$50,000 in exploration costs within 12 months. Any further expenditure is at Zincore's election.

The Antelope property is an early stage zinc oxide prospect discovered by AuEx in 2006. A series of small prospect pits over an approximately 250-metre window of outcropping Paleozoic limestone show high-grade mineralization containing up to 36% zinc with minor lead. Zincore intends to complete further fieldwork to define and drill test targets within its committed spending and time requirements.

About Zincore

Zincore's strategy is to become a leading, low-cost zinc producer with the immediate objective of advancing its 100% owned Accha-Yanque property toward a development decision through a disciplined process of exploration, drilling and resource definition, and technical studies. Zincore holds a portfolio of other zinc exploration properties in southern Peru and intends to pursue additional zinc opportunities elsewhere in Latin America and China.

Forward-looking Statements

Statements in this release that are forward looking are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 26, 2007 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Zincore does not assume the obligation to update any forward-looking statements.


Contact:

Contacts:
Zincore Metals Inc.
Meghan Brown
Manager, Investor Relations
[phone] or [phone]
[phone] (FAX)
Email: [e-mail]

Zincore Metals Inc.
Greg Martin
Vice President and CFO
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.zincoremetals.com


Source: Zincore Metals Inc.

[Lone Clone]

Phoenix Matachewan Mines Inc.: Zinc in Steel River Core
Mon Jul 30, 11:46 AM

http://ca.news.finance.yahoo.com/s/30072007/28/link-finance-news-phoenix-matachewan-mines-inc-zinc-s...

OTTAWA, ONTARIO--(CCNMatthews - July 30, 2007) - Phoenix Matachewan Mines Inc. ("Phoenix") (TSX VENTURE: PMM.V) announced today the results of an ongoing and widespread diamond drilling program at its extensive Steel River property on the north shore of Lake Superior in the Terrace Bay area of Northwestern Ontario.

Strongly anomalous zinc mineralization, assaying greater than 1000pm zinc, has been encountered in six of the eleven short holes drilled on the property to date. Holes PSR07-3 and 4 are particularly noteworthy, with anomalous results over 8.5 and 9 m respectively, grading up to 0.95% Zn.

Results to date

The current set of short holes is designed to test a series of airborne geophysical (VTEM) anomalies. These numerous strong and prospective anomalies occur in conjunction with other geophysical and geochemical responses along a 34km prospective horizon of cherty exhalite. Longer holes testing to a greater depth are planned as a follow-up to the current drilling. Hole locations are in Table 1, and the data are in Table 2 for those intersections where greater than0.1% Zn was observed. Anomalous zinc contents ( greater than300ppm) were recorded in all holes except PSR07-09 (which did not reach its target).

The most northerly holes (PSR07-3, -4, -5 and -7) were drilled to intersect the prospective "Main Exhalite" that extends the entire width of the property and is a known site of base metal mineralization. Holes PSR07-6, -8 and -9 were drilled in more southerly part of the same exhalite unit (150m to the south) and holes 10 through 13 are 800m south of the Main Exhalite units, drilled on a geophysical anomaly at a contact between mafic and sedimentary strata.

Holes PSR07-03 and -04, which are over 100m apart are particularly noteworthy, as not only do they contain anomalous zinc over 8.5 and 9m respectively, (PSR07-03 has 1.5 m containing 0.95% Zn) but these zones are formed of massive pyrite that is underlain by strongly altered (chloritized) felsic volcanic rocks that provide evidence of proximity to a hydrothermal discharge zone. In many other VMS districts similar alteration occurs close to deposits.

Holes 12 and 13, drilled in the southern tier of anomalies in Prairie West zone are enriched in Zn and Cu. All of the highest zinc contents came from massive pyrite sections in the exhalite unit; the potential along strike for this unit has not been tested, and is targeted for additional drilling this summer. Some surface samples from its eastern extension contain up to 700ppm Zn.

Management Observations

- The results are encouraging for early stage drilling, as they indicate that Phoenix is on the right track; the exhalite units are distinctly zinc-rich, and provide a well-defined target for further work.

- More and deeper drilling will be required at Prairie West.

- Prairie West is only one of eleven target areas, each area with multiple horizons to test, with the 1055 m only part of an estimated 8-10,000 m plus programme.

- Phoenix is presently drilling other target areas.

- Phoenix expects to be drilling at Steel River for the next 8-12 months, and has sufficient funds to do so.

- Large land packages, like Steel River at 137 sq km., take 3-5 years of exploration to find the right combination of factors to vector in on a major discovery. Phoenix is only at the early drilling stage.

Background, Current and Planned Activities

In 2003 PMM acquired its Steel River property, almost 155sq. km of greenstone belt situated in the western Wawa-Abitibi belt of the Canadian Shield. The area was chosen because it is midway between two important past-producing volcanogenic massive sulfide (VMS) base metal camps in this belt, the Manitouwadge camp 75 km to the ENE (65Mt; av. 1.2%Cu, 0.12%Pb, 3.7%Zn, 40g/t Ag), and Winston Lake district, 45 km W (7Mt; av. 1.0 %Cu, 16.8% Zn, 33g/t Ag). In 2004 the company conducted initial prospecting of the area, and in 2005 it undertook a preliminary diamond drill program, based on historic anomalies and geophysical surveys. This resulted in identifying several prospective targets, including one hole that contained intersections peaking at 16.5% zinc over 5m at shallow depths (PMM PR - 16 September-05).

The area is comprised of a bimodal greenstone assemblage that has been complexly folded into a broad anticline. PMM's initial intersection of zinc-bearing strata was determined to be remobilized sphalerite in the nose of a tight secondary fold on the north limb of this anticline. The core of the antiform consists of felsic epiclastic, pyroclastic and flow units, including major explosive breccia and block and ash flow strata. This unit is capped by a 34km-long, 5-20m thick horizon of exhalite, consisting of chert, graphitic shale and locally semi-massive to massive pyrite and pyrrhotite. This is overlain by predominantly mafic strata that also contain semi-continuous units of sulfidic exhalite. The exhalite units are the principal exploration targets, as they closely resemble similar ore-controlling strata in the Noranda, Matagami Lake, Bathurst, and many other districts.

Following the initial drilling in 2005 PMM determined that the geological mapping and geophysical surveying in the area were an inadequate base for an effective program, and that access into the area, previously undertaken using helicopter support, could be improved by building a series of trails to facilitate sampling and drilling access. By November, 2006 a new high resolution VTEM electromagnetic survey was completed by GeoTech Ltd, and these data were subject to advanced processing by Condor Geophysics Ltd. This confirmed the exact location of the previously described eleven target areas. A new trail building and outcrop cleaning program was initiated during the summer and fall of 2006, and detailed geological mapping and surface lithogeochemical sampling of the Prairie West and Prairie East anomalies was completed by Blackburn Geologic Ltd. The property boundaries were adjusted to include only the high priority target areas, reducing the area to 137 sq km. All stream crossings were formally permitted during the first half of 2007.

The mapping and geochemical surveys confirmed several key aspects of the geology that provide new focus on some parts of the area. This includes the extension of the large-scale depletion of sodium and calcium in the footwall, and local concentrations of magnesian chlorite, manganiferous garnets, and stringer-type pyrite and pyrrhotite in discreet zones along the stratigraphic footwall to the exhalite horizon. The latter are coincident with strong airborne and ground geophysical anomalies. Mapping and outcrop sampling are ongoing.

In February 2007, PMM engaged Mr. Wayne Richards to commence a diamond drilling program in the area. Mr. Richards was also responsible for constructing road access, and managed various other aspects of the technical program. Given the very difficult access into the area, drilling is restricted to one shift, resulting in about one hole per week being drilled. To date, 16 holes have been completed (PSR 07-03 to PSR 07-17, and assay data have been returned on 11 of these (Table 1). Much of the effort thus far has focused on only one anomalous area, the Prairie West block which consists of three discreet conductive horizons.

All holes have been sampled for major and trace element analyses, to determine the strength and orientation of footwall alteration as well as to determine vectors within the exhalite unit that may point to the centre of hydrothermal discharge.

PMM is continuing its program of anomaly testing. Each geophysical anomaly will be mapped and further sampled. Of particular interest are the Prospect Lake and Eastern Bozema Lake anomalous areas, where coincident soil geochemical and VTEM geophysical anomalies indicate VMS potential. Bozema will be drilled this summer, and Prospect in the fall or winter, when access is easier. Also, all of the anomalous areas along the southern limb of the anticline will be drilled over the next few months.

Drill holes in the Prairie West anomaly is available at the following address:

http://www.ccnmatthews.com/docs/Hole.doc

In addition to the Steel River Project PMM has optioned the Swanson gold project in near Val d'Or, Quebec to Agnico-Eagle Mines Ltd, which is currently undertaking a technical assessment of the property, following its extensive drill program in 2006, as part of Agnico's $400,000 commitment towards bringing the Swanson gold ore body to production. PMM also has the Barville base metal project adjacent to Swanson as well as the very prospective Bottle Creek gold-silver project in Nevada.

Dr. J. M. Franklin, P. Geo, FRSC, is a director of the Company and is a Qualified Person as defined by National Instrument 43-101. For further information, please go to www.phoenixmatachewan.com.

"The statements in this Press Release may contain forward looking statements that involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not approved or disapproved of the information contained in this Press Release."

Contacts

1-888-834-7708
Robin Dow
[e-mail]

Gus Garisto
BAY STREET CONNECT
1-416-607-6023
[e-mail]

[Lone Clone]

Zeehan Zinc sees gravity separation plant, Comstock mine work completed shortly

http://www.forbes.com/markets/feeds/afx/2007/07/25/afx3948762.html

Australia-based mining company Zeehan Zinc Ltd said it expects to complete the gravity separation plant and construction work at its Comstock mine site shortly.

The company said it also expects to commence full commercial operations after it gets the permits to operate the tailings dam, polishing pond, waste rock dump, water system and local infrastructure by the end of August.

Zeehan said it is accelerating commercial negotiations with various parties on a potential offtake agreement for lead/zinc pre-concentrate and possibly a lead concentrate, and that it expects first deliveries in about three months' time.

Mined material has already been stockpiled at the site ready for processing and the infrastructure for this programme is either already in place or in the final stage of construction. Consequently, the company is delaying the construction of the floatation plant at the Comstock mine in the short term, it added.

[Lone Clone]

Cornerstone Announces 4.7% Zinc Intercept in Drilling by Mountain Lake Resources Under the Bobby's Pond Joint Venture
Thu Jul 26, 8:00 AM

http://ca.news.finance.yahoo.com/s/26072007/28/link-finance-news-cornerstone-announces-4-7-zinc-inte...

MOUNT PEARL, NEWFOUNDLAND--(CCNMatthews - July 26, 2007) - Cornerstone Capital Resources Inc. (TSX VENTURE: CGP.V) (FRANKFURT: GWN.F) (BERLIN: GWN.BE) (PINK SHEETS: CTNXF.PK) has been informed by Mountain Lake Resources Inc. (TSX VENTURE: MOA.V) that it has encountered widespread base metals in two of the three holes completed on the Cornerstone claims located approximately 2.5 km south-southwest from Mountain Lake's Bobby's Pond zinc-copper (Zn-Cu) base metals deposit in Central Newfoundland. The drill results include a 1 meter intercept of 4.7% Zn in Hole BPR-07-02.

In a news release today, Mountain Lake stated:

"A total of 956.45 meters were drilled in 3 holes. The strategy was to test a 600 meter gap between previous INCO drill holes and to test the alteration system at depth. The drill holes have been lined with plastic tubing so that a downhole Pulse EM survey can be conducted later this summer when the equipment is available.

"Hole BPR-07-01 targeted the alteration zone beneath a 1988 INCO hole (drilled before the discovery of the Bobby's Pond Deposit), which intersected a wide alteration zone containing minor base metals. The recently completed hole intersected a 14 meter interval of 0.42% Zn from 402 meters to 416 meters.

"Hole BPR-07-02, drilled 200 meters grid west of BPR-07-01, also encountered a wide zone of alteration and base metal mineralization with intervals of 0.29% lead (Pb), 0.47% Zn over 5 meters from 235.5 to 240.5 meters and 0.03% Pb and 1.82% Zn over 3 meters from 244.5 to 247.5 meters. This included a 1 meter interval of .05% Pb and 4.7% Zn from 245.5 to 246.5 meters. Cu, silver (Ag) and gold (Au) values were insignificant.

"BPR-07-03, drilled an additional 200 meters grid west of BPR-07-02, encountered strong silicification, patchy sericitization and pyrite throughout much of the hole but no significant base metals.

"Targeting for additional drill holes will be determined once the results of the downhole Pulse EM surveys have been received. Attention will be focused this summer on field programs to generate targets for drill testing on the Cornerstone Option to the northeast of Mountain Lake's 100% owned mining lease.

"With respect to diamond drilling, sample analyses and quality assurance/quality control procedures: all holes are NQ sized core which have been photographed, logged, and diamond saw cut at the core logging facility located in Buchans, Newfoundland. Half of the core was submitted to Eastern Analytical Laboratories in Springdale, Newfoundland for analysis for base metals (zinc, copper, lead and silver) with an AA finish. Gold was analyzed by 30 gram Fire Assay with an AA finish. QA QC procedures involve the inclusion of Standards (1 in 20), Blank Samples (l in 20), and Sample Duplicates (1 in 20) using Eastern Analytical's internal Standards and Blank Samples.

"Mr. Gary Woods, P.Geo. President and CEO of Mountain Lake, is the Qualified Person on the Bobby's Pond project, and has reviewed and verified the contents of this news release."

The Bobby's Pond JV

Cornerstone's Bobby's Pond property comprises 62 claims (15.5 sq km) that partially surround Mountain Lake's 2.4 sq km Bobby's Pond Mining Lease. A map of the property is available at www.cornerstoneresources.com.

The option agreement gives Mountain Lake the right to earn a 51% interest in Cornerstone's claims by spending $2.75 million on exploration over five years. The first year's $150,000 expenditure is a firm commitment and includes completion of a diamond drilling program. The agreement also calls for Mountain Lake to issue 200,000 common shares to Cornerstone over five years, including 25,000 to be issued on the acceptance of the agreement by the TSX Venture Exchange. With an active exploration program already underway on its Bobby's Pond mining lease, Mountain Lake will be operator of the joint venture during the earn-in period.

When Mountain Lake earns a 51% interest, a Joint Venture will be formed whereby each party will have the right to maintain its respective interest by funding its share of exploration costs. The agreement also gives Mountain Lake the right, subject to certain conditions, to increase its interest to 75%. Either party may dilute its interest, based on exploration expenditures. If either party's interest falls to 10% or less, its interest will convert to a 2% NSR, which is subject to buy-out provisions.

Bobby's Pond is one of a number of active projects in the Buchan's area of Central Newfoundland known for its base and precious metal-rich VMS deposits, most notably the renowned and historic Buchan's deposits themselves. The Bobby's Pond project is located 25 km to the west of Aur Resources' Duck Pond deposit, which is in commercial production, and 50 km northeast of Messina Minerals' Tulks South property, the site of their 2004 Boomerang and subsequent discoveries.

About Cornerstone

Cornerstone Capital Resources Inc. is a mineral exploration company based in Mount Pearl, Newfoundland & Labrador, Canada, with a diversified portfolio of projects in Canada and Ecuador. The company's business model is based on generating exploration projects whose subsequent development is funded primarily through joint venture partnerships. In addition to Mountain Lake Resources, Cornerstone's current and past joint venture partners include Agnico Eagle, Celtic, Cash Minerals, Candente, Coastport, Cogitore, Falconbridge, Inmet, Kermode, Moydow, Noranda, Phelps Dodge, and Thundermin.

The drilling on Bobby's Pond is the first of in excess of 26,000 m (85,300 feet) of drilling that is planned on five Cornerstone projects this year

On Behalf of the Board,

Glen H. McKay, President & CEO

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

Contacts

Glen H. McKay
Cornerstone Capital Resources Inc.
President & CEO
Toll Free: 1-877-277-8377
Email: [e-mail]
Website: www.cornerstoneresources.com

[Lone Clone]

Iberian Minerals Corp.: Initial Drilling at Aguas Tenidas Encounters 54 Metres of 2.03% Copper in Stockworks and 30 Metres of 8.00% Zinc in Massive Su
Wed Jul 25, 9:00 AM

http://ca.news.finance.yahoo.com/s/25072007/28/link-finance-news-iberian-minerals-corp-initial-drill...

TORONTO, ONTARIO--(CCNMatthews - July 25, 2007) - Iberian Minerals Corp. (TSX VENTURE: IZN.V) ("Iberian") is pleased to report the receipt of initial assay results from its 2007 underground drilling program at its wholly owned Aguas Tenidas copper/zinc project.

The principal target of this initial part of the drilling program was the investigation of the extent of copper mineralisation in a stockworks zone (veinlet swarms), known to underlie part of the massive sulphide deposits at Aguas Tenidas.

 
 Assay Results from the Mineralized Sections: 
  
 Section 690960E 
                                                       Ag    Au 
          From     To Length  Cu (%)  Pb (%)  Zn (%) (g/t) (g/t)     Comment 
  
 ATSW-2  43.7m  71.3m  27.6m   1.09    0.90    3.92  31.5   0.6 Polymetallic 
         71.3m  91.3m  20.0m   0.89    0.07    0.41   7.7   0.0    Stockwork 
  
 ATSW-3  51.5m  82.0m  30.5m   0.88    0.18    1.14  11.7   0.1    Stockwork 
   Inc.  51.5m  68.5m  17.0m   1.19    0.29    1.94  19.8   0.1    Stockwork 
  
 ATSW-4  59.7m 137.8m  78.1m   1.15    0.08    0.28   5.7   0.1    Stockwork 
   Inc. 101.8m 117.8m  16.0m   1.61    0.01    0.05   2.3   0.1    Stockwork 
  
 Section 690940E 
                                                       Ag    Au 
          From     To Length  Cu (%)  Pb (%)  Zn (%) (g/t) (g/t)     Comment 
  
 ATSW-5  38.3m  68.3m  30.0m   1.33    3.06    8.00  83.8   1.7 Polymetallic 
         84.5m 102.6m  18.1m   1.35    0.02    0.11   3.4   0.1    Stockwork 
  
 Section 690920E 
                                                       Ag    Au 
          From     To Length  Cu (%)  Pb (%)  Zn (%) (g/t) (g/t)     Comment 
  
 ATSW-7  33.5m  59.5m  26.0m   0.96    2.00    6.14  60.2   0.9 Polymetallic 
         71.5m 125.5m  54.0m   2.03    0.02    0.06   4.4   0.1    Stockwork 
   Inc.  79.5m 101.5m  22.0m   3.26    0.02    0.07   7.5   0.1    Stockwork 
  
 Note 1: The dips on the above holes were as follows: ATSW-2 14 degreesS, 
         ATSW-3 35 degreesS, ATSW-4 6 degreesSE, ATSW-5 24 degreesS & 
         ATSW-7 50 degreesS. 
  
 Note 2: The approximate distances of the top of the copper stockworks 
         mineralisation below the Aguas Tenidas massive sulphide 
         mineralisation are as follows: ATSW-2 0m, ATSW-3 10m, ATSW-4 10m, 
         ATSW-5 16m & ATSW-7 22m. 
  
 Note 3: The drill intercepts noted above are linear measurements of the 
         drill core, the true widths have not yet been determined. 
 

The results in the above table are from a 40 metre long E-W section at the extreme eastern (shallowest) end of the Aguas Tenidas deposit. Three of the five holes intersected polymetallic (zinc rich) massive sulphide mineralisation, lying immediately above the stockworks. All five holes passed through the 'Northern Fault' in a north to south direction.

Please note: A figure titled "Idealised X Section Through Aguas Tenidas Deposit" is available on the Marketwire website at the following link: http://www.ccnmatthews.com/docs/izn0724.pdf

In addition, historical drilling of the massive sulphides also intersected copper stockworks mineralisation at various places along the length of the Aguas Tenidas deposit; these are interpreted at present as being discrete mineralising events.

The recently updated mineral reserves at Aguas Tenidas (press release of May 22nd 2007) do not include any copper stockworks mineralisation.

The Aguas Tenidas stockworks have a different structure and emplacement of mineralization to the overlying massive sulphides and are believed to represent the probable access route of the massive sulphide mineralisation to surface. Iberian's geologists interpret these stockworks as being 'plume-shaped', multiple independent mineralising events, which were emplaced along the southern side of the 'Northern Fault'. This fault marks the northern boundary of the 2,500 metre long Aguas Tenidas massive sulphide deposit (including the 1,200 metres that contain the proven and probable mineral reserves (See the "Technical Report on Aguas Tenidas Mine Project" June 29, 2007)). The stockwork mineralisation is generally coarser than that of the massive sulphides and its sulphur content is considerably lower, 15-25% as opposed to 40-50%. The massive sulphide deposits dip at around 15 degrees to the west, while the stockworks appear to be either vertical, or steeply dipping to the north.

Iberian has recently arranged with Cabo Drilling Corp. for a second underground drilling rig to be delivered to Aguas Tenidas in late August this year. One of the principal uses of this rig will be to determine the geometry (particularly the vertical component) and mineralisation of the stockworks zones. No previous drilling at Aguas Tenidas has ever specifically targeted the copper stockworks. However, the June 29th 2007 Technical Report on Aguas Tenidas (page 132) refers to previous mining of the stockworks: "An old copper stockwork stope (C1010) was mined in the past with good results".

The drill core from this program was examined and logged, and samples selected, by Jose Malave B.Sc, P.Geol, chief geologist for the Aguas Tenidas project. The selected samples were split, bagged and tagged under the supervision of Mr. Malave, and sent by bonded air courier to Omac Laboratories (Ireland) for analysis by 19 element Agua-Regia ICP-ORE assay and fire assay for gold. QA/QC procedures were designed under the guidance of Mike O'Neill B.Sc, P.Geo, EurGeol (Independent qualified person), which included the submission of systematic duplicates, blanks and both low and high grade standard samples within the batches submitted to Omac Laboratories. In conjunction with this, 10% of all samples were submitted to ALS Chemex in Vancouver for external laboratory check assays.

Mike Newbury P.Eng is the "qualified person" as such term is defined under National Instrument 43-101 who has reviewed and approved the technical information in this news release on behalf of the Company.

About Iberian Minerals Corp.

Iberian Minerals Corp., through its wholly owned subsidiary MATSA, is currently proceeding with the re-opening of the Aguas Tenidas copper/zinc project located in the Region of Andalucia, SW Spain. In January 2006, a feasibility report on the project was prepared by SRK Consulting of Cardiff UK, which demonstrated the technical feasibility and economic viability of the project (press release January 20, 2006). Elements of this feasibility report have been updated by Adam Wheeler and RSG Consulting Pty Ltd. (press release of May 22, 2007), which is available at www.sedar.com. The Company has also signed a long-term offtake agreement with Trafigura Beheer AG for the sale of all its metal concentrates from Aguas Tenidas.

In addition to the Aguas Tenidas project the Company, through MATSA, holds an extensive land position of exploration properties within the Iberian Pyrite Belt.

Iberian Minerals Corp. trades on the TSX-V under the symbol IZN.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are in Canadian dollars unless otherwise noted.

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

Contacts

Peter Miller or Norm Brewster
Iberian Minerals Corp.
[phone]

[Lone Clone]

Blue Note Mining Exploration Update
Thu Jul 19, 9:05 AM

http://ca.news.finance.yahoo.com/s/19072007/30/link-finance-news-blue-note-mining-exploration-update...

Shares Outstanding; 283 Million

Symbol & Exchange: BN-TSXV

MONTREAL, July 19 /CNW Telbec/ - Blue Note Mining Inc. released today the exploration results from the recently conducted Canoe Landing Lake diamond drilling program and is announcing a $3.4 million underground and surface exploration campaign planned for 2007 on its 100%-owned mining properties located near Bathurst, New Brunswick.

Canoe Landing Lake

The exploration results from the most recent drilling program conducted on the Canoe Landing Lake property are being updated. The property hosts a historic, non-43-101 compliant, resource estimated at 22.8Mt grading 1.82% zinc, 0.64% lead, 0.56% copper and 32 g/t silver and 1.2 g/t gold. The objectives of the exploration program were to investigate a potential high grade zone in the core of the deposit and to test the down plunge extension at depth where interpretation indicated potentially higher grade mineralization.

The program carried out during the fall of last year totaled 3,193 meters of drilling. Four holes (CLL-06-03 to CLL-06-06) were drilled near the center of the deposit while one hole (CLL-06-07) tested the down plunge extension. The analytical results from the mineralized intersections (core length) from each drill hole are shown in the table below. Core samples were analyzed by ALS Chemex in Val d'Or, Quebec, using four acid digestion and ICP-AES/AAS finish for Zn, Pb, Cu and Ag (code OG62) and fire assay with AA finish for Au (code Au-AA25). The results from the exploration program are consistent with the reported historical values and did not identify any significant higher grade mineralization.

 
     Hole ID    From    To      Length  Zn     Pb     Cu     Ag     Au 
                (m)     (m)     (m)     (%)    (%)    (%)    (g/t)  (g/t) 
  
     CLL-06-03  284.35  307.30  16.20   1.91   0.55   0.67   34.2   1.3 
  
     CLL-06-04  526.30  543.95  17.65   2.27   0.69   0.60   33.5   1.1 
     including  526.30  529.90   3.60   3.50   0.87   0.65   39.4   1.3 
     including  531.50  543.95  12.45   2.21   0.72   0.66   36.1   1.2 
  
     CLL-06-05  568.10  580.70  12.60   1.64   0.48   0.59   30.8   1.1 
     including  568.10  576.50   8.40   1.94   0.56   0.78   35.9   1.3 
  
     CLL-06-06  558.00  572.70  14.70   2.16   0.66   0.70   42.0   1.0 
     including  559.00  565.00   6.00   2.57   0.77   0.58   44.8   0.9 
  
     CLL-06-07  790.00  796.60   6.60   2.36   0.89   0.74   48.3   1.0 
     

With the newly acquired drilling information, a thorough compilation of the data and modeling of the property will be undertaken in order to evaluate the economic potential of the deposit and to guide future exploration work.

Caribou Mine Underground Exploration

Over 9,000 meters of underground diamond drilling are planned at the Caribou Mine for 2007. The exploration program, to begin in July, is a top priority for Blue Note because of the potential impact on the life of the Caribou mining operations. The objective of the underground drilling program is to delineate a significant portion of the inferred resources located down-plunge from the main Caribou mineral reserves between 350 and 650 meters below surface. The resulting drilling data will be used to upgrade the current inferred resource to an indicated resource category to facilitate economic evaluation and possible conversion into probable reserves.

Caribou and Armstrong

A large-scale geophysical program is planned over the Caribou and Armstrong properties for fall 2007 and winter 2008. The 210 line-kilometre ground geophysical survey has been contracted to Quantec Geoscience Limited and will be conducted using the Titan 24 DCIP and MT system. The Titan 24 is a deep-earth imaging geophysical system using a combination of the geophysical parameters resistivity (DC), chargeability (IP) and magnetotelluric resistivity (MT). The system is designed to measure the DCIP data to depths of 750 meters and to probe beyond 1.5 kilometres using the MT data. The planned geophysical survey will allow the company to develop quality exploration targets by outlining anomalies in under explored areas along strike and down dip of the mineralized stratigraphies hosting the Caribou and the Armstrong deposits. Contingent on the geophysical survey results, an extensive drilling program is planned during 2008 and 2009 to follow-up the exploration targets.

Restigouche, McMaster and Orvan Brook

A thorough exploration campaign is planned to explain the source of untested airborne and ground geophysical conductive anomalies located on the Restigouche, McMaster and Orvan Brook properties.

Exploration work to be conducted on the Restigouche property is a priority because of the proximity to the active mining operation. The exploration program on Restigouche is designed to investigate the source of untested MegaTEM airborne anomalies adjacent to the mining operation and will include induced polarization (IP) geophysics and MMI soil geochemistry to be conducted during the summer. Contingent on the survey results, a 1,200 meter drilling program is planned for the fall to test the exploration targets.

A trenching program was carried out in June to investigate conductive anomalies in the northern part of the McMaster property where outcrop is very sparse. The source of the conductors was not adequately explained by the trenching program; however, the occurrence of the favourable felsic volcanic host rocks in the vicinity of the conductive anomalies provides encouragement for further evaluation and possible drill testing in this area.

At the Orvan Brook property, a diamond drill program will target a conductive zone that extends along strike for up to 400 meters beyond historical drilling of the "Orvan Brook South" mineral occurrence. Four of five historical holes in this vicinity intersected sulphide mineralization with up to 0.8 meters (est. true width) grading 1.15% Cu, 0.26% Pb, and 1.45% Zn. The known mineralized zone remains untested below a vertical depth of 100 meters. A 1,200 meter drilling program is planned for the fall of 2007.

Williams Brook

An exploration program on the Williams Brook Property is designed to locate the source of anomalous gold, silver and lead values that were obtained in both rock and soil during previous exploration campaigns. An induced polarization (IP) survey followed by a trenching program is planned for the William's Brook Property.

Arthur Hamilton, P.Geo., Manager of Geology, Blue Note Caribou Mines Inc.

is a Qualified Person and has reviewed the technical information

contained in this press release.

Blue Note Mining is a Canadian mining company headquartered in Montreal

with operations in Bathurst, New Brunswick. The company's shares trade on

the TSX Venture Exchange under the symbol BN.

Forward-Looking Statements

This news release contains discussion of items that may constitute forward-looking statements within the meaning of securities laws that involve risks and uncertainties. Although the company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be achieved. Factors that could cause actual results to differ materially from expectations include the effects of general economic conditions, actions by government authorities, uncertainties associated with contract negotiations, additional financing requirements, market acceptance of the Company's products and competitive pressures. These factors and others are more fully discussed in Company filings with Canadian securities regulatory authorities.

The TSX Venture Exchange does not accept responsibility for the adequacy

or accuracy of this news release.

Contacts

Lorne Woods
Vice President
Investor Relations
Blue Note Mining
[phone]
[e-mail]
www.bluenotemining.ca

[Lone Clone]

Zincore Drills 30 Metres of 6.3% Zinc at Accha and Receives Drilling Permit for Yanque
Thursday July 19, 7:15 am ET

http://ca.us.biz.yahoo.com/iw/070719/0280105.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 19, 2007 -- Zincore Metals Inc. (Toronto:ZNC.TO - News) has completed an additional 10 diamond drill holes at its 100% owned Accha-Yanque project in southern Peru. These holes are part of a 20,000-metre exploration and definition drilling program at Accha to confirm and infill historical mineral resources and to extend zinc mineralization (which is spatially associated with an east-west-trending fold structure) at depth and along strike to the west.

All 10 holes targeted western extensions of the deposit. Highlights of this recent exploration drilling include:

- Hole AC-50 which intersected 30 metres at 6.3% zinc including an interval of 6 metres at 16.2% zinc;

- Hole AC-52 which intersected 17 metres at 4.2% zinc including an interval of 5 metres at 10.4% zinc;

- Hole AC-48 which intersected 26 metres at 4.0% zinc including an interval of 3 metres at 9.2% zinc; and

- Hole AC-49 which intersected 8 metres at 5.8% zinc.

All results are estimated true widths and a number of holes intersected multiple zones of mineralization. Full results are presented in the attached table.

The drilling continues to intersect oxide zinc mineralization over a distance approximately 300 metres west of the westernmost extent of outcropping mineralization. The zone remains open and exploration drilling continues to follow the mineralized trend of the western extension. In addition, drill platforms are now being prepared for exploration holes that will target a northern limb of the main anticline structure. These holes will be completed during the coming months.

A total of 52 holes totaling 13,500 metres have been drilled at Accha with three rigs continuing on site. A drill hole location map and new releases relating to previous exploration results are available on Zincore's website at www.zincoremetals.com. To view the drill hole location map please click on the following link: http://www.ccnmatthews.com/docs/znc0719.pdf

At the Yanque deposit, 30 kilometers southwest of Accha, Zincore has received a drilling permit from the Peruvian Ministry of Energy and Mines and has signed a drilling contract with Bradley MDH SAC. Field preparations, including surface sampling and mapping, camp installation and preparation of drill platforms, are nearing completion and drilling will begin shortly. A 10,000 metre drill program is planned at the Yanque deposit.

President and CEO Timo Jauristo commented, "Our Accha exploration program continues to be very encouraging and the definition of a northern limb would add additional near surface mineralization. Consistent with our objective of rapidly completing a pre-feasibility study on the Accha-Yanque project, our drilling focus will shortly transition to the Yanque deposit. Rio Tinto's historical drilling combined with our review gives us confidence that exploration at Yanque will confirm the potential of the significant outcropping zinc and lead mineralization."

 
                 Intersection  Estimated 
             along drill hole       True 
 Hole          From        To      Width      Zinc     Lead 
 No.        (metres)  (metres)   (metres)       (%)      (%) 
 ---------------------------------------------------------- 
 AC-43                  No significant values 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-44                  No significant values 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-45        261.0     270.8        7.3      5.50     0.44 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              296.0     299.0        2.2      6.27     0.66 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              315.3     323.5        6.1      4.79     0.24 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              354.0     366.0        9.0      4.79     0.70 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-46        339.3     357.6       12.5      4.17     0.45 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-47                  No significant values 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-48        338.0     344.0        5.6      7.36     0.81 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              349.0     352.0        2.8      8.81     3.42 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              359.0     387.0       26.4      3.96     0.38 
 ---------------------------------------------------------- 
  including   375.0     378.0        2.8      9.15     1.06 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-49        254.4     264.4        8.0      5.80     0.51 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              289.8     296.0        5.0      2.27      .39 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-50        159.4     192.4       30.4      6.33      1.4 
 ---------------------------------------------------------- 
  including   173.4     180.4        6.4     16.17     2.78 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              210.2     216.2        5.5      5.75     0.05 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
              220.2     226.2        5.5      2.37     1.84 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-51                  No significant values 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-52        309.3     340.5       17.4     4.16      0.74 
 ---------------------------------------------------------- 
  including   311.3     320.1        4.9    10.37      1.68 
 ---------------------------------------------------------- 
  
 ---------------------------------------------------------- 
 AC-53               Abandoned before targeted zone 
 ---------------------------------------------------------- 
 

Quality Control

Zincore has implemented a quality control program to ensure best practice in litho geochemical sampling and analysis of rock chips, trench, tunnel and drill core samples.

All drill core samples (approximately one metre, half-core composites) are shipped in security sealed bags via a private trucking company directly to the ALS Peru Laboratories facility in Lima. All samples for the resource drill program are digested using a three acid digestion and analyzed by two packages. Zinc and lead are determined by Atomic Absorption and if the results exceed 30% they are re-assayed by volumetric methods. All samples are also assayed by ICP for 25 elements (also using the three acid digestion for complete dissolution).

The Company submits its own standards and blanks as a measure of the accuracy of the analysis. All pulps and coarse rejects are being recovered and stored. Prior to a new resource calculation, 10% of all samples used in the resource calculation will be re-assayed at a second laboratory using the same analytical techniques described above. Both a re-assay of the pulp and of a new pulp prepared from the coarse reject will be used.

Vernon Arseneau, P.Geo., Exploration Manager, Peru for Zincore is supervising the exploration program and is the qualified person as defined under National Instrument 43-101 for this news release.

About Zincore

Zincore's strategy is to become a leading, low-cost zinc producer with the immediate objective of advancing its 100% owned Accha-Yanque property toward a development decision through a disciplined process of exploration, drilling and resource definition, and technical studies. Zincore holds a portfolio of other zinc exploration properties in southern Peru and intends to pursue additional zinc opportunities elsewhere in Latin America and China.

About the Accha-Yanque Project

The Accha-Yanque property consists of 56 concessions over a 30-kilometre distance in southern Peru. At the north end of the property is the Accha deposit and at the south end is the Yanque deposit. A number of zinc prospects with limited prior exploration occur between these two deposits. A total of 56 holes were completed by Cominco Ltd., Savage Resources Ltd. ("Savage"), and Pasminco Limited ("Pasminco") at the Accha deposit for 13,500 metres. Rio Tinto drilled 13 holes totaling 1,320 metres at Yanque.

Savage, and later, Pasminco, which acquired Savage, evaluated Accha between 1998 and 2001. Two historical resource estimates under the AUSIMM JORC standards were calculated for the Accha deposit using differing assumptions. In 1999, Kvaerner Metals ("Kvaerner"), under engagement to Savage calculated an indicated mineral resource of approximately 7.0 million tones grading 8.9% zinc and an inferred mineral resource of 1.8 million tones grading 8.9% zinc. In 2000, Pasminco calculated an indicated mineral resource of approximately 3.8 million tones grading 8.9% zinc and 1.0% lead and an inferred mineral resource of 2.0 million tones grading 11.4% zinc and 1.9% lead under more conservative assumptions. In 2006, based on the historical drilling, a 43-101 compliant inferred mineral resource was calculated at Yanque of approximately 6.6 million tonnes grading 5.3% zinc and 3.5% lead.

Cautionary Note Regarding Mineral Resource Estimates

The qualified person for the Accha-Yanque technical report is L.D.S. Winter, P.Geo., an independent consulting geologist as defined under NI 43-101. Historical mineral resource estimates have not been reconciled to the mineral resource categories of NI 43-101 and sufficient work has not been done to classify these estimates as current mineral resources. For details on the Accha historical mineral resource estimates and the Yanque current mineral resource estimate, see Zincore's prospectus relating to its IPO dated October 26, 2006, which was filed with Canadian securities regulatory authorities and is available on SEDAR (www.sedar.com).

Forward-looking Statements

Statements in this release that are forward looking are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Annual Information Form of Zincore dated March 26, 2007 which is filed with Canadian securities regulatory authorities and available on SEDAR (www.sedar.com). Such information contained herein represents management's best judgment as of the date hereof based on information currently available. Zincore does not assume the obligation to update any forward-looking statements.


Contact:

Contacts:
Zincore Metals Inc.
Meghan Brown
Manager Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]

Zincore Metals Inc.
Greg Martin
Vice President and CFO
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.zincoremetals.com


Source: Zincore Metals Inc.

[sumisu]

Canadian Zinc Announces $10 Million Private Placement with Sprott Asset Management Inc.

Wednesday July 18, 3:00 am ET

TORONTO, ONTARIO--(CCNMatthews - July 18, 2007) - Canadian Zinc Corporation (TSX:CZN - News; OTCBB:CZICF - News) is pleased to announce it has agreed to a private placement financing, subject to regulatory approval, with Sprott Asset Management Inc. on behalf of accounts managed by Sprott for $10,000,250 in Units, at a price of $0.85 per Unit, for 11,765,000 Units with each Unit consisting of one common share and one half share purchase warrant, each full warrant exercisable at a price of $1.20 per share for two years.

Upon completion of the financing, accounts managed by Sprott Asset Management Inc. will hold approximately 9% of the Company shares. Sprott has stated that the securities are being held for investment purposes and depending on market and other conditions, Sprott may from time to time in the future increase or decrease its ownership, control or direction over the shares of Canadian Zinc Corporation, through market transactions, private agreements or otherwise.

The proceeds from the private placement will be added to the Company's working capital and used for the ongoing exploration and development of the Prairie Creek Mine Project where the Company is currently driving a new exploration decline alongside the main vein that is advancing to the north and where 42 holes of underground drilling totaling 8,217 metres on seven 50 metre sections took place in Phase One over the past six months. The high-grade results, encountered in the drilling of these sections may be reviewed in previous news releases issued over the past six months and filed on SEDAR. (See press releases dated January 9, March 5, March 22, April 24, June 43 and July 5, 2007). The following are selected highlights:

[continued in following link]

http://biz.yahoo.com/ccn/070718/200707180402848001.html?.v=1

[Lone Clone]

Manicouagan Reports Initial Phase II Drill Results From Brabant Lake
Wed Jul 18, 7:30 AM

http://ca.news.finance.yahoo.com/s/18072007/28/link-finance-news-manicouagan-reports-initial-phase-i...

TORONTO, ONTARIO--(CCNMatthews - July 18, 2007) - Manicouagan Minerals Inc. (TSX VENTURE: MAM.V) announced today additional encouraging assay results from the first three holes of the Phase II drilling program currently underway on the Brabant Lake zinc deposit. Assays have been received for drill holes BR-07-21, BR-07-22 and BR-07-23 and are summarized in the table below.

 
 -------------------------------------------------------------------------- 
                              Length 
 Hole       Zone                 (ii)   Zn    Cu   Pb     Ag            Au 
 ID        ID (i)  From     To    (m)   (%)   (%)  (%)  (g/t)         (g/t) 
 -------------------------------------------------------------------------- 
 BR07-21      UZ 184.00 188.20   4.2  3.50  0.53 0.06  12.97 less than0.03 
 -------------------------------------------------------------------------- 
              LZ 192.76 200.94  8.18 15.99  0.54 0.05  15.81 less than0.03 
 -------------------------------------------------------------------------- 
        includes 192.76 196.80  4.04 23.34  0.48 0.01  12.24 less than0.03 
 -------------------------------------------------------------------------- 
 -------------------------------------------------------------------------- 
 BR07-22      UZ 138.80 141.46  3.16  4.42  0.78 0.33  20.92 less than0.03 
 -------------------------------------------------------------------------- 
              LZ 143.60 151.31  7.71  4.98  0.38 0.07   8.21 less than0.03 
 -------------------------------------------------------------------------- 
        includes 148.29 151.31  3.02  7.01  0.58 0.07  11.72 less than0.03 
 -------------------------------------------------------------------------- 
 -------------------------------------------------------------------------- 
 BR07-23      UZ 272.00 279.50  7.50  1.32  0.35 0.27  21.15 less than0.03 
 -------------------------------------------------------------------------- 
        includes 273.00 274.55  1.55  5.30  0.40 0.19  17.52 less than0.03 
 -------------------------------------------------------------------------- 
              LZ 299.06 327.60 28.54  2.19  0.84 0.10  28.28 less than0.03 
 -------------------------------------------------------------------------- 
        includes 314.10 320.00  5.90  5.06  1.83 0.07  49.66 less than0.03 
 -------------------------------------------------------------------------- 
             FWZ 327.60 329.70  2.10  1.22 0.250 1.53 248.01          3.80 
 -------------------------------------------------------------------------- 
 -------------------------------------------------------------------------- 
 (i) Upper Zone (UZ), Lower Zone (LZ) and Footwall Zone (FWZ) 
 (ii)down-hole length approximately 85% true width 
 

Drill hole BR-07-21 intersected well developed Lower Zone material which assayed 15.99% zinc over 8.18 metres.

In drill hole BR-07-22 typical Lower Zone mineralization was inter-layered with barren dyke material resulting in lower than usual zinc concentrations for this portion of the Lower Zone. BR-07-23 situated some 95 metres grid west of BR07-21 intercepted the broadest interval to date of Lower Zone mineralization consisting of 28.54 metres of continuously mineralized material which assayed 2.19% zinc and 0.84% copper over its length. This broad zone of mineralization includes some significant intervals of chalcopyrite mineralization with individual samples assaying up to 4.63% copper (BR-07-23 Sample 959798 319.0 m to 320.0 m). Hole BR-07-23 also intersected typical footwall zone material yielding 1.53% lead as well as significant precious metal assays of 248.01 grams per tonne silver and 3.80 grams per tonne gold over 2.10 metres.

To date Manicouagan Minerals has drilled a total of 8,325.24 metres on the project. This includes drill holes BR-07-24 to BR-07-26 for which assay results are pending. The Phase II program which is expected to consist of approximately 30 to 40 holes totaling some 12,000 to 15,000 metres of diamond drilling.

A Drill Hole Location plan, a Lower Mineralized Zone Long Section Zinc Grade Thickness Contour plan and a table showing drill results to date as well as additional information on the project is available on the Company's website at www.manicouaganminerals.com.

Additional information concerning the deposit has been incorporated into an amended NI 43-101 Technical Report prepared by MPH Consulting Ltd and filed with the Company's filings at www.sedar.com. This report supersedes the previous NI 43-101 Technical Report completed for the Company by MPH Consulting Ltd. The Brabant Lake Technical Report can also be viewed on the Company's website at www.manicouaganminerals.com.

The Brabant Lake property consists of 21 contiguous claims registered as ML 5054 and is located immediately east of Highway 102 some 175 km from the all services community of La Ronge, Saskatchewan.

Exploration programs are being carried out under the supervision of Rod Thomas, Vice President - Exploration of the Company. Mr. Thomas, a professional geologist, has reviewed and verified the technical content of this press release on behalf of Manicouagan Minerals and is a "Qualified Person" as defined in National Instrument 43-101. Manicouagan employs 43-101 compliant QA/QC procedures at all points in the sampling, handling, storage and shipment of samples. Blind standards and blanks are inserted into the sample sequence in the field. Analytical services are provided by TSL Laboratories of Saskatoon, Saskatchewan. Samples are crushed, riffle split and pulverized to yield a 250 gram pulp with - 95% -150 mesh. Ag, Cu, Pb and Zn assay is by multi-acid digestion; samples for Ag (g/tonne) and base metals (%) are weighed at 0.5 g. Samples for Au fire assay/gravimetric are weighed at 1 AT (29.16 g). Details on analytical techniques employed by TSL Laboratories may be found on the laboratories' website at www.tsllabs.com.

Manicouagan Minerals Inc. is a Canadian based exploration company with a diversified portfolio of properties. The Company currently holds four base metal projects located in Saskatchewan and Quebec, on which exploration programs are ongoing.

Additional information about Manicouagan Minerals and its exploration projects can be found at www.manicouaganminerals.com.

All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulator.

The TSXV has not reviewed this news release and does not accept responsibility for the adequacy or accuracy of this news release. The TSXV has neither approved nor disapproved the contents of this news release.

Contacts

Joseph Baylis
Manicouagan Minerals Inc.
President and Chief Executive Officer
[phone]
Email: [e-mail]
Website: www.manicouaganminerals.com

[oasdihf]

Why Now is the Zinc Miners' Turn to Shine
Wednesday May 16, 5:51 am ET
SeekingAlpha

http://gold.seekingalpha.com/article/35704

[Lone Clone]

Prominex Resource Corp.: Scott Wilson RPA Reports
Mon Jul 16, 9:00 AM

http://ca.news.finance.yahoo.com/s/16072007/28/link-finance-news-prominex-resource-corp-scott-wilson...

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 16, 2007) - Prominex Resource Corp. (TSX VENTURE: PXR.V) announced today that the company has received a second interim report from Scott Wilson RPA ("RPA") on the compilation of the drill hole database on the T3 Lens and T4 lenses of the Tulks Hill Project located in Central Newfoundland.

During the 2006 exploration program Prominex conducted an airborne survey, re-gridded the entire property to metric, performed a gravity survey and diamond drilled 28 holes to test the T1 and T2 (6 holes); T3 (16 holes) and T4 (2 holes) and an additional 4 holes on a gravity anomaly defined during the summer exploration program.

The company is earning a 51% interest in the property from Buchans River Inc. (TSX VENTURE: BUV.V). The term of is four years during which time the company will make cash payments totaling $70,000, incur $1,000,000.00 in exploration expenditures and issue 900,000 common shares to Buchans River Ltd.

T3 Lens

Scott Wilson RPA reports that based on a minimum cut-off grade of 4% Zn and a minimum horizontal thickness of 2 m, the mineralized zone is approximately 250 m long, 2 m to 7 m thick, and extends approximately 75 m below the surface. Lower grade and thinner zones of the pod extend the mineralization 30 m to 35 m farther along strike at either end of the pod.

The new Prominex drilling results TH06 - 23, 24, 25, 26, 27, and 28 demonstrate that copper and zinc are present at the same general grade level as the historic Asarco results. Table 1 compares the results of three Prominex holes with corresponding Asarco holes located within approximately 10 m of each other, as plotted on longitudinal section. The first two pairs compare reasonably well, and the third pair shows some variability within the T3 Lens.

Table 1 Comparison of Drill Hole Assay Results, T3 Lens
Prominex Resources - Tulks Hill Project, Newfoundland

 
            Old DDH (Asarco)                   New DDH (Prominex) 
         Core                                   Core 
 DDH   length                       DDH       length 
 No.       (m)    % Cu     % Zn     No.           (m)    % Cu     % Zn 
 T-71     4.5     0.66    11.93     TH-06-25     4.5     0.79    13.46 
 T-90     3.0     1.90     3.85     TH-06-24     4.0     2.20     2.54 
 T-99     6.0     0.89     8.31     TH-06-27     2.0     0.56     1.71 
 

Sulphide mineralization within the T3 Lens is well defined, with drill hole intercepts spaced 10 m to 60 m apart. The new data have better defined the higher grade core area, but do not appear to have increased the size of the mineralized area.

In terms of the general outline and shape, the main T3 Lens is relatively well defined, but Scott Wilson RPA recommends additional in-fill drilling to confirm the continuity of mineralization up-dip and down-plunge. The recommended additional in-fill drilling includes eleven holes (total 925 m).

The additional drilling would not likely increase the size of the mineralized zone, but will provide more reliable data to estimate the tonnage and average grade of the mineralization.

T4 Lens

There are only two new holes completed on T4 lens by Prominex during their 2006 drilling program. Twenty old (Asarco) holes have attempted to test the target, but many of them are relatively deep and the upper part of the lens is generally untested. There may be two separate mineralized zones within the T4 target area, which extends more than 200 m along strike.

Scott Wilson RPA recommends a total of 1,375 m of drilling in 11 holes to better outline this zone. The purpose of this additional drilling is to outline near surface massive sulphide mineralization. If encouraging results are obtained from this phase of drilling, then additional in-fill drilling may be recommended.

For more information on Scott Wilson RPA please visit: www.scottwilsonminingrpacan.com

ON BEHALF OF THE BOARD OF DIRECTORS:

Lorne King, President and CEO

This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be 'forward-looking statements'. 'Forward-looking statements' are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as expects, "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur.

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

Contacts

Lorne King
Prominex Resource Corp.
[phone] or 1-800-404-0833
Email: [e-mail]
Website: www.prominex.ca

[basserdan]

Zinc Rises to 3-Week High on Revived Use; Lead Climbs to Record

By Chanyaporn Chanjaroen and Brett Foley

July 12 (Bloomberg) -- Zinc rose to a three-week high on signs of revived demand for the metal used to galvanize steel. Lead pared gains after reaching a record and aluminum was little changed.

Stockpiles of zinc tracked by the London Metal Exchange dropped 475 metric tons, or 0.7 percent, to 69,350 tons, the exchange said today, the lowest in 16 years. World demand will exceed supply this year by 20,000 tons, said Kona Haque, an analyst at the Economist Intelligence Unit.

``Demand is fairly healthy,'' London-based Haque said today by phone. ``We've seen good consumption growth from China,'' the world's largest user of the metal, she said.

Zinc climbed $65, or 1.9 percent, to $3,540 a ton as of 4:37 p.m. in London. The contract earlier rose to $3,595, the highest since June 21.

The metal has gained 16 percent from this year's low on Feb. 2 as consumers increased purchases and tapped stockpiles. World demand will rise to 4 percent this year, after 3.7 percent growth in 2006, according to EIU estimates.

Nearby zinc contracts are now more expensive than longer- dated contracts, signaling buyers are more concerned about the current availability of metal than future supply. In a market with plentiful supply, longer-dated contracts are more expensive than nearby ones because of interest charges and storage costs.

Buyers of zinc for immediate delivery were asked to pay as much as $35 a ton more than the benchmark three-month futures contract, the highest premium since Jan. 30. There was no trade recorded at that level, according to data compiled by Bloomberg.

Lead Deficit

Lead pared gains after rising to $3,030 a ton, an all-time high, for a second consecutive day. The three-month contract increased $20, or 0.7 percent, to $3,000.

Demand for the metal, used in car batteries, will exceed production by 74,000 tons this year, according to Macquarie Bank Ltd., forcing consumers to tap inventories. Stockpiles tracked by the LME fell 975 tons to 41,950 tons. They have declined 62 percent in the past 12 months.

Western Australia state said today it will assess metal pollution at seven ports. Lead levels found in initial tests at Derby and Geraldton prompted further investigation, said Robert Atkins, the environmental regulation director at the state's Department of Environment. Jan Martin, a spokeswoman for the department, couldn't say whether exports would be disrupted.

Oxiana Ltd., an Australian precious- and base-metal mining company, exported 11,634 metric tons of contained lead through Geraldton last year, said Natalie Worley, a spokeswoman for the Melbourne-based company.

Mined Lead

Lead's 80 percent gain this year came after Ivernia Inc., which accounts for about 3 percent of the world's mined lead output, suspended exports from March 12 because of an investigation into lead poisoning.

Aluminum dropped $22 to $2,812 a ton. Rio Tinto Group, the world's third-largest mining company, agreed to buy aluminum producer Alcan Inc. for $38.1 billion. The deal would allow Rio to leapfrog United Co. Rusal as the world's biggest producer of the metal used in cans and airplanes.

Copper fell $48 to $7,892 a ton. Production disruptions in the Americas should limit any further decline in prices.

Codelco, the world's biggest copper producer, said today that protests by striking contract workers cut output for a fourth day at its Andina mine complex in Chile. A union at Dona Ines de Collahuasi, Chile's third-largest copper mine, said protests yesterday cut production by at least half. The mine's management said output was normal and no talks are planned.

Copper stockpiles monitored by the LME dropped 725 tons to 98,625 tons, bringing this year's decline to 46 percent.

Among other metals traded on the LME, nickel slipped $150 to $33,150 a ton and tin fell $35 to $14,125.

To contact the reporters on this story: Chanyaporn Chanjaroen in London at [e-mail] ; Brett Foley in London at [e-mail]

Last Updated: July 12, 2007 12:10 EDT
http://www.bloomberg.com/apps/news?pid=20601012&sid=alKVTVLdS.fQ&refer=commodities

[sumisu]

Canadian Zinc Corporation: Surface Exploration Drilling Program Commences at Prairie Creek

Thursday July 12, 3:00 am ET

http://biz.yahoo.com/iw/070712/0277129.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 12, 2007 -- Canadian Zinc Corporation (Toronto:CZN.TO - News)(OTC BB:CZICF.OB - News) is pleased to report the commencement of a surface helicopter supported exploration drilling program, outside the immediate mine area, at the Company's 100% owned Prairie Creek Mine in the Northwest Territories.

Surface Exploration Drill Program

A multi-million dollar helicopter portable diamond drill hole program, designed to further explore the more remote mineralized Zones 7-13 and the Gate Claims which have seen the least amount of exploration to date, is set to commence. The exploration program is expected to last over two months and the first drill pad location has been selected on the Gate Claims.

Mr. Alan Taylor, COO and VP Exploration states "This is the first ever helicopter supported drill program at Prairie Creek. The heli-portable drill rig will enable the Company to explore some of the more remote sites of mineralization that have been known for years but have remained relatively unexplored. The drill targets range from pure grassroots exploration of geochemical anomalies on the Gate Claims, where no previous drill holes exist , to further evaluating historic trenches located in numerous mineral showings which extend along strike up to 10 kilometers from the mine area. This summer exploration program will provide an excellent opportunity to locate additional potential mineral resources."

Titan Drilling Ltd. from Yellowknife have been contracted to carry out this two month multiple hole 3000 meter drill program which will involve a Boyles helicopter portable drill that can be readily moved around the large area of the property. Great Slave Helicopters in partnership with N'ah Adehe Helicopters of Nahanni Butte will provide the helicopter support. Mobilization of materials has already commenced and actual drilling is slated to commence later this week.

Mineral Zones and Showings

On the Prairie Creek property external mineral showings along strike of the mine are located in similar type geology and structural zones to that of the Main Zone. These mineral showings are defined by previous surface trenches, minor drilling and underground tunneling, many of which returned significant zinc, lead, silver and copper values. The showings are referred to as Zones, each separated by approximately a kilometer, which extend both south to Zone 13 and north to the Rico showing over a total strike length in excess of 16 kilometers.

In 2006 a limited drill program was conducted in Zone 8, about 5 kilometers south of the mine site, and produced encouraging results (refer to November 2, 2006 press release) such as hole PC06-167 which reported 2.7 meters of core grading 18.36% lead, 14.88% zinc and 297 gpt silver. Last years drilling was carried out using the company's Longyear skid mounted drills which proved somewhat difficult to place in steep topography, due to the size of the drill rigs. The helicopter portable rig should prove to be much more adaptable to local terrain conditions.

The Gate Claims, located 5 kilometers to the northwest of the minesite, are underlain by a separate but adjacent fault block to that of the Main Zone but still contain the same geological formations which host the base metal mineralization at the Prairie Creek mine site. Past grassroots exploration programs, conducted by Canadian Zinc in 1999 included soil sampling and prospecting, delineated large soil geochemical anomalies of zinc and also discovered a surface vein type showing with significant zinc, lead and silver values. The Company plans to further test the mineral anomalies by diamond drilling the first holes ever on the Gate claims blocks which cover over 5,000 hectares of prospective ground.

Background

Canadian Zinc's 100% owned Prairie Creek (zinc/silver/lead) Project, located in the Northwest Territories, includes a partially developed underground mine with an existing 1,000 ton per day mill and related infrastructure and equipment. The Prairie Creek Property hosts a major mineral deposit containing a historically estimated resource of 3.6 million tonnes (measured and indicated) grading 11.8% zinc; 9.7% lead; 0.3% copper and 141.5 grams silver per tonne and 8.3 million tonnes (inferred) grading 12.8% zinc; 10.5% lead and 0.5% copper and 169.2 grams silver per tonne, with significant exploration potential. This historic Mineral Resource is presently being updated to a 43-101 compliant resource with the inclusion of the recent underground drilling results.

The Prairie Creek property consists of mining leases, surface leases and mineral claims totaling over 11,000 hectares of ground. In late 2006 the Company staked six additional mineral claim blocks, four to the north of the mine site in an area with known mineral showings and two along strike of and extending the Gate Claims The defined historic mineral resource (Zone 1, 2, 3, or the Main Zone) is located at the existing minesite. The Main Zone has been the focus of the majority of exploration work to date and is defined by surface and underground drilling along a strike length of over 2 kilometers. Apart from this well defined area the property contains numerous other surface mineral showings which have had little exploration evaluation carried out.

Alan Taylor, P. Geo., Chief Operating Officer & Vice President Exploration and a Director of Canadian Zinc Corporation, is responsible for the exploration program, and is a Qualified Person for the purposes of National Instrument 43-101 and has approved this press release.

Cautionary Statement - Forward Looking Information:

This press release contains certain forward-looking information. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings and the financial results of the company. The Company does not currently hold a permit for the operation of the Prairie Creek Mine. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.



Contact:
Contacts:
Canadian Zinc Corporation
John F. Kearney
Chairman
[phone]
[phone] (FAX)

Canadian Zinc Corporation
Alan B. Taylor
VP Exploration & Chief Operating Officer
[phone] or Toll Free: 1-866-688-2001
[phone] (FAX)
Email: [e-mail]
Website: http://www.canadianzinc.com



--------------------------------------------------------------------------------
Source: Canadian Zinc Corporation

[Lone Clone]

Aquila Continues to Drill Thick Intersections of Zinc and Gold Including 34 Meters of 11% Zinc
Wed Jul 11, 1:30 AM

http://ca.news.finance.yahoo.com/s/11072007/28/link-finance-news-aquila-continues-drill-thick-inters...

TORONTO, ONTARIO--(CCNMatthews - July 11, 2007) - AQUILA RESOURCES INC. (TSX: AQA.TO)(FRANKFURT:JM4A) ("Aquila" or the "Company") today announced additional results of ongoing drilling at the Back Forty project in the Upper Peninsula of Michigan. 40,575 meters of drilling has been completed at the project to date, and three drills continue to expand and define massive sulfide zones, underlying stringer sulfides and adjacent gold mineralization.

Highlights include:

- 34.1 meters of 11.0% zinc and 0.89 g/t gold, including 22.8 meters 14.9% zinc in the Main Zone Hinge massive sulfide in LK-166.

- 14.9 meters of 4.2 g/t gold in stringer sulfides underlying the Main Zone Hinge in LK-166.

- 3.5 meters of 4.8 grams per tonne (g/t) gold, 163.7 g/t silver, and 5.2% zinc in the Tuff Zone massive sulfide in LK-166.

- 30.27 meters of 1.4 g/t gold and 3.3% zinc including 16.4 meters of 5.4% zinc in rhyolite overlying the Main Zone Hinge in LK-163.

More detailed results are shown in the table below.

 
 -------------------------------------------------------------------------- 
                          Summary Drill Results 
 --------------------------------------------------------------------------- 
            All Intervals 
              in Meters  Width(i)   g/t    g/t     %     %      % 
            ------------- 
 Hole #      From      To            Au     Ag    Cu    Pb     Zn   Descrip- 
                                                                     tion 
 --------------------------------------------------------------------------- 
 LK-162(ii) 79.51   86.00   6.49   1.90   1.77  0.04  0.06   0.48  Sulfide 
                                                                    Stringer 
 --------------------------------------------------------------------------- 
 LK-163(ii) 32.73   63.00  30.27   1.44   3.09  0.04  0.08   3.31  Sulfide 
                                                                    Stringer 
 including  39.85   56.20  16.35   2.05   4.37  0.06  0.10   5.37  Sulfide 
                                                                    Stringer 
 including  39.85   45.50   5.65   3.05   5.99  0.06  0.12   3.85  Sulfide 
                                                                    Stringer 
 --------------------------------------------------------------------------- 
 LK-166     52.50   56.00   3.50  4.77  163.72  0.09  1.46   5.23  Tuff Zone 
                                                                    Massive 
                                                                    Sulfide 
           156.86  191.00  34.14  0.89   10.26  0.12  0.27  11.04  Main Zone 
                                                                    Hinge 
                                                                    Massive 
                                                                    Sulfide 
 including 156.86  179.64  22.78  0.89   13.48  0.15  0.37  14.94  Main Zone 
                                                                    Hinge 
                                                                    Massive 
                                                                    Sulfide 
           201.80  216.71  14.91  4.17    6.72  0.14  0.13   0.09  Sulfide 
                                                                    Stringer 
 --------------------------------------------------------------------------- 
 LK-167     58.93   87.00  28.07  0.65    6.54  0.04  0.29   1.42  Sulfide 
                                                                    Stringer 
           139.56  218.64  79.08  1.73   14.00  0.28  0.18   2.22  Main Zone 
                                                                    Hinge 
                                                                    Massive 
                                                                    Sulfide 
 including 161.50  174.25  12.75  0.82    9.38  0.15  0.16   5.60  Main Zone 
                                                                    Hinge 
                                                                    Massive 
                                                                    Sulfide 
 --------------------------------------------------------------------------- 
 LK-168     53.84   54.72   0.88  6.30  761.64  0.33  4.50   4.78  Tuff Zone 
                                                                    Massive 
                                                                    Sulfide 
            69.50   89.00  19.50  1.20    5.62  0.02  0.20   1.67  Sulfide 
                                                                    Stringer 
           131.10  133.50   2.40  2.38   63.67  0.01  1.03   0.07  Porphyry 
                                                                    Margin 
                                                                    Gold 
                                                                    Zone 
           154.86  228.70  73.84  2.63   15.28  0.57  0.16   0.73  Main 
                                                                    Zone 
                                                                    Hinge 
                                                                    Massive 
                                                                    Sulfide 
 --------------------------------------------------------------------------- 
 (i)Drilled interval, true width unknown 
 (ii)Gold results released previously 
 

LK-163 encountered a broad zone of disseminated zinc and gold mineralization lying above the Main Zone Hinge massive sulfide. This zone occurs near the bedrock surface, and may be continuous with other shallow intercepts in adjacent holes, making it a potentially valuable capping to the underlying Main Zone Hinge mineralization. Further drilling will be required to assess the continuity and grade of this horizon.

Infill drilling in LK-166, LK-167 and LK-168 at the Main Zone Hinge, continues to expand this important portion of the resource with thick intersections of massive sulfide and underlying gold rich stringer sulfides. LK-166 and LK-168 also encountered gold rich Tuff Zone massive sulfide mineralization as well as porphyry margin gold mineralization in LK-168.

Step out drilling on the Pinwheel Zone has commenced with six holes recently completed, and at least six additional holes planned, to test the down dip and south western strike extent of this copper and locally zinc rich massive sulfide lens. Six holes targeting the Main Zone Hinge and related stringer mineralization as well as the PM Gold zone have also been completed and processed with results expected in the next several weeks. Several of these holes also tested possible extensions of the near surface disseminated sulfide zone overlying the Main Zone Hinge massive sulfide.

An up to date plan map of completed and pending holes is available on the company's website at http://www.aquilaresources.com/projects.php#map.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.

Contacts

Robin Dunbar
Aquila Resources Inc. (Toronto)
CFO
[phone]
Email: [e-mail]

Thomas O. Quigley
Aquila Resources Inc. (U.S.)
President
[phone]
Email: [e-mail]

[Lone Clone]

Firestone Ventures Identifies New Zinc-Lead Anomalies From Soil Geochemistry at the Torlon Hill Project

08:30 EDT Tuesday, July 10, 2007

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

EDMONTON, ALBERTA--(CCNMatthews - July 10, 2007) - Firestone Ventures Inc. (TSX VENTURE:FV)(FRANKFURT:F5V) is pleased to announce that the May, 2007 surface exploration program consisting of prospecting and soil sampling at the Company's Torlon Hill zinc-lead project in Guatemala has defined a zinc and lead soil anomaly extending 400 metres south of the previously drilled area.

The soil grid covers approximately 300 metres by 500 metres on the gently sloping south end of Torlon Hill in an area that has undergone limited or no previous exploration. A total of 69 soil samples were collected every 50 metres on east-west lines 50 metres apart. Twenty of the 69 soil samples yielded values above 500 ppm zinc up to a maximum value of 2,690 ppm zinc (0.27%). Coincident with the anomalous zinc values were anomalous lead values. Twenty-two of the soil samples yielded values above 500 ppm lead to a maximum value of 10,750 ppm lead (1.07%). Silver values were generally low (less than 1 ppm), but ranged up to 5 ppm (5 grams/tonne silver).

"The soil grid covers an area targeted for drilling this fall and certainly provides confidence that there is additional zinc potential on Torlon Hill beyond the previously drilled area. We are also pleased with the high lead numbers," says Lori Walton, President of Firestone Ventures Inc.

A zinc soil geochemistry map, drill hole location map, table of significant drill intersections, drill hole specifications, news releases, a longitudinal section sketch, FAQ sheet and photos are available at www.firestoneventures.com.

The road-accessible Torlon Hill project is located 18 road kilometres northwest of the city of Huehuetenango, near the Pan-American Highway in western Guatemala.

This news release has been reviewed and approved by John Cleary, (CPG), Qualified Person for the Torlon Hill project in accordance with regulations under National Instrument 43-101. Soil samples were dried at the BSI Inspectorate facility in Guatemala City, then shipped by courier directly to ALS Chemex, North Vancouver, British Columbia, Canada for analysis. All soil samples were subjected to a 4-acid digestion and then analyzed for 31 elements by ICP-AES.

Firestone Ventures Inc. is a well-financed Canadian-based resource exploration and development company with zinc, gold and uranium projects in Western Canada and Central America. The common shares of the Company are currently listed on the TSX Venture Exchange (symbol FV) and the Frankfurt Stock Exchange (symbol F5V).

FOR FURTHER INFORMATION PLEASE CONTACT:

Firestone Ventures Inc.
Lori Walton
P. Geol., President
[phone] or Toll Free: 1-888-221-5588
[phone] (FAX)
Email: [e-mail]
Website: www.firestoneventures.com

or

Contact Financial Inc.
Investor Relations

[phone]

Email: [e-mail]
Website: www.agoracom.com/IR/Firestone

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

[Lone Clone]

Selwyn Resources Ltd.: Highest Grade Intercept for Selwyn Project, Drilled in Don Valley
Mon Jul 9, 11:36 AM

http://ca.news.finance.yahoo.com/s/09072007/28/link-finance-news-selwyn-resources-ltd-highest-grade-...

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 9, 2007) - Selwyn Resources Ltd. (TSX VENTURE: SWN.V) is pleased to provide an update on recent drilling activities in the Don Valley for the Selwyn Project. The results from the Don Valley are very encouraging and continue to expand the understanding of the high-grade zinc-lead mineral potential at depth in Don Valley. The initial drilling in Don Valley is focusing on the 4,200 metre length of Active Member between the Don and HC West Deposits. 34 drill holes have been completed year to date for a total of 10,152.36 metres, and 4 drill holes are in-progress in Don Valley for an additional 892 metres. The location of the new drill holes can be found on drill plan maps available at www.selwynresources.com.

Highlights

- DON-074 intersecting 31.63 metres true thickness of the Active Member at a depth of 241.7 metres with a grade 10.20% zinc and 3.91% lead including 4.30 metres grading 35.97% zinc and 16.01% lead.

- DON-064 intersecting 9.00 metres true thickness grading 7.91% zinc and 2.28% lead including 4.00 metres grading 9.48% zinc and 2.81% lead.

Don Deposit Deep Drilling

Drilling in the Don Deposit continues to target an area known to contain high-grade zinc lead mineralized Active Member. The target area modeled to potentially contain 20 to 25 million tonnes with a range of grades varying from 6% to more than 12% combined lead and zinc within an area of 600 by 600 metres predominantly below open-pit limits (see May 31, 2007 news release). The potential grade and tonnage of the target is conceptual in nature as there has been insufficient drilling to define a resource. The current drilling is targeted at defining this resource.

Recent assay results from DON-074 have yielded the single highest assay of combined zinc-lead mineralized Active Member for the entire Selwyn Project including all historical results from the XY Central high-grade underground mineral resource. A 1.30 metre sample from 271.80 to 273.10 metres yielded 46.78% zinc and 17.94% lead; for an aggregate 64.72% combined zinc-lead. These new assay results extend the high-grade zinc-lead Active Member from DON-044 that intersected 22.30 metres grading 8.94% zinc and 3.10% lead including 3.30 metres grading 24.21% zinc and 10.61% lead (see January 27, 2007 news release).

                                                                   True 
 Drill          From       To   Thickness     Pb     Zn   Pb+Zn   Thickness 
 Hole             (m)      (m)         (m)    (%)    (%)     (%)         (m) 
 DON-074      241.70   281.30       39.60   3.91  10.20   14.10       31.63 
  Including   253.80   281.30       27.50   4.96  12.72   17.67       22.00 
  Including   268.10   275.50        7.40  12.55  29.24   41.78        5.90 
  Including   270.10   275.50        5.40  16.01  35.97   51.98        4.30 
 </PRE> 
  
 The very high-grade nature of the intercept in DON-074 demonstrates that the high-grade underground target at Don Deposit can be directly compared to the high-grade nature of the underground deposit at XY Central located 16 kilometres to the southeast that contains 7,394,860 tonnes of Indicated mineral resources grading 9.88% zinc and 4.32% lead, which is flanked by 1,856,500 tonnes of Inferred mineral resources grading 10.41% zinc and 3.71% lead (see April 2, 2007 news release). Similar historical results to DON-074 from the XY Central high-grade underground mineral resource include surface drill hole XYS-080 that intersected 16.4 metres true thickness grading 22.26% zinc and 10.18% lead and underground drill hole XYU-019 that intersected 4.57 metres grading 21.42% zinc and 13.61% lead directly in the high-grade mineralization. The high-grade zinc-lead mineralized Active Member of the Don Deposit remains open to expansion along strike and at depth in terms of the high-grade underground mineral potential. 
  
 Don East Deposit Open-Pit Target 
  
 Two drills continue to drill on the Don East Deposit with one drill having recently moved to the HC West Deposit 2.2 kilometers to the southeast; noting there remains a 1.0 kilometre untested gap between the Don East and HC West Deposits. Zinc-lead mineralization of the Active Member in the Don East Deposit is modeled to contain 40 to 60 million tonnes within an area of approximately 1600 by 600 metres with grades ranging from 6.0 to more than 12.0% combined lead and zinc. Similar as to above, the potential resource is conceptual in nature and additional drilling is required to define the resource. A higher-grade target area of Active Member is currently being focused upon that has been modeled to have the potential to host 20 and 30 million tonnes of higher-grade zinc-lead mineralization ranging from 10 to 14% combined lead and zinc (see April 2, 2007 news release). 
  
 DON-054, DON-057, DON-061, DON-063, and DON-064 were all successful in further confirming the continuity of the zinc-lead mineralized Active Member through the Don East Deposit. Of particular interest is DON-063, an infill drill hole between DON-049 and DON-056; which intersected two zinc-lead mineralized intervals of Active Member that could indicate structural duplication of the Active Member thereby having positive implications for the mineral potential of the Don East Deposit. It is also important to note that the infill drilling continues to show higher-grade intervals within the open-pit target across the Don East Deposit. 
  
        <PRE>                                                               True 
 Drill          From       To   Thickness     Pb     Zn   Pb+Zn   Thickness 
 Hole             (m)      (m)         (m)    (%)    (%)     (%)         (m) 
 DON-054      256.50   277.80       21.30   1.69   5.54    7.23       15.10 
  Including   258.70   266.00        7.30   1.78   6.68    8.47        5.20 
  Including   258.70   261.10        2.40   2.18   9.73   11.91        1.70 
 DON-057      142.90   157.90       15.00   0.96   4.66    5.62       14.00 
  Including   143.40   145.80        2.40   1.61   8.36    9.97        2.20 
  Including   152.40   157.90        5.50   1.15   5.95    7.10        5.10 
 DON-061      223.70   236.40       12.70   1.34   3.78    5.13        8.20 
  Including   227.40   236.40        9.00   1.78   4.55    6.33        5.80 
  Including   227.40   230.20        2.80   4.89   9.67   14.56        1.80 
 DON-063      108.00   122.70       14.70   0.94   3.89    4.83       11.70 
  Including   116.20   122.70        6.50   1.59   5.60    7.18        5.20 
  Including   118.50   120.80        2.30   2.21   8.06   10.27        1.80 
              138.50   150.90       12.40   1.16   4.33    5.49        9.90 
  Including   138.50   149.30       10.80   1.07   4.45    5.53        8.60 
  Including   138.50   145.80        7.30   1.07   4.21    5.28        5.80 
 DON-064        6.50   17.10        10.60   2.28   7.91   10.19        9.00 
  Including    12.40   17.10         4.70   2.81   9.48   12.29        4.00 
 </PRE> 
  
 These most recent drill intersections of zinc-lead mineralized Active Member in the Don East Deposit continue to expand the mineral potential in a northwesterly direction by 440 metres from the extents defined in the 2006 definition drilling, as well as increasing confidence in the known mineral inventory. All of the drill intercepts are within the open-pit environment that remains open for expansion. It should be noted that there remains a 1.0 kilometre section of the Don Valley between the Don and Don East Deposits that has yet to be tested by drilling. 
  
 The Selwyn Project exploration program is being reviewed by Vice President Exploration, Mr. Jason Dunning, M.Sc., P.Geo. The onsite activities for the Selwyn Project are directed by Exploration Manager, John J. O'Donnell, P.Geo. Both Mr. Dunning and Mr. O'Donnell are Qualified Persons within the meaning of National Instrument 43-101. All assay data has been through internal validation of quality assurance and quality control. Selwyn has established a sampling and assay control program with blind insertion of assay blanks, standards and duplicates for the Selwyn Project; however, it should be noted that there is also a quality control and quality assurance program in at ACME Analytical Laboratories Ltd. ("ACME") that includes blanks, duplicates and standards. At ACME, silver and base metal analyses are conducted by a 17-element, four-acid digestion, ore-grade ICP-AES technique. 
  
 Note that all discussion of previous NI-43-101 compliant Indicated and Inferred mineral resources are referenced in the March 2007 NI 43-101 report for the Selwyn Project. In reviewing historical resources, all discussion of Indicated mineral resources that predate introduction of NI 43-101 should be considered as Inferred mineral resources. All historical Inferred mineral resources that predate NI 43-101 should be considered as areas of mineral potential requiring further definition through drilling. Historical mineral resources are referenced in the June 2005 NI 43-101 report for Howard's Pass. Copies of the reports can be viewed at www.sedar.com. Any areas discussed as possessing mineral potential are not defined through drilling and are conceptual based upon a detailed geological model. Further definition drilling is required prior to discussing potential mineral resources as an accepted NI 43-101 mineral resource classification. 
  
 Selwyn's focus is the exploration of its properties that make up the Selwyn Project in the Yukon, which hosts large tonnages of zinc-lead mineralization. The known deposits have the potential for the large scale production of zinc and lead, at a time when major new mines are needed to ensure adequate future zinc mine supply. As follow-up to the highly successful 2006 exploration program, Selwyn Resources Ltd. is undertaking a $25 million exploration program in 2007 to continue definition drilling of the XY, Anniv, and Don Valley (HC, HC West, Don East, and Don) deposits. 
  
 This press release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control and actual results may differ materially from the expected results. Additional drilling is required to confirm the potential of the new discovery areas and expansions of the current resource areas and the extension of the higher grade deep mineralization to depth. Furthermore, there is no assurance that the resources being defined can be developed as an economically attractive mine, and there are many uncertainties associated with permitting and other factors that could delay such development. 
  
 The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. 
  
 Contacts 
  
 Dr. Harlan Meade, President and CEO 
 Selwyn Resources Ltd. 
 [phone] or Toll Free: 1-877-682-5474 
 International Toll Free: 1-800-8682-5474 
  
 Jasmin TamDoo, Manager of Investor Communications 
 Selwyn Resources Ltd. 
 [phone] or Toll Free: 1-877-682-5474 
 International Toll Free: 1-800-8682-5474 
 [phone] (FAX) 
 Email: [e-mail] 
 Website: www.selwynresources.com 

[Lone Clone]

WTM Intercepts Additional High-Grade Zinc-Copper Mineralization at La Dura West
Mon Jul 9, 8:00 AM

http://ca.news.finance.yahoo.com/s/09072007/28/link-finance-news-wtm-intercepts-additional-high-grad...

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - July 9, 2007) - West Timmins Mining Inc. (TSX: WTM.TO) announced today that drill hole LC07-09, collared 75 metres west of previously announced hole LC07-07, has cut two intervals of zinc-copper-silver-gold mineralization in the La Dura West area of the Company's 100% owned Montana de Oro Project in Sonora, Mexico.

The lower intercept in hole LC07-09 returned 11.14% zinc, 0.64% copper, 24.26 g/t silver and 0.37 g/t gold over 4.93 metres (16.17 feet) and the upper intercept returned 6.00% zinc, 0.31% copper, 17.82 g/t silver and 0.23 g/t gold over 7.54 metres (24.73 feet). The two sulphide-rich intervals are separated by a quartz diorite dyke which hosts a gold-enriched zone grading 0.87 g/t gold and 8.51 g/t silver over 10.35 metres (33.95 feet) (see cross-section at www.westtimminsmining.com).

"The polymetallic mineralization at La Dura West continues to demonstrate good grade and thickness," said Darin Wagner, President and CEO of West Timmins Mining. "The quartz diorite dyke in hole LC-09 bisects two zones of higher grade polymetallic mineralization within a 34.48 metre wide mineralized interval. The lower intercept in hole LC-09 returned the highest zinc grades encountered to date within the large La Dura system."

 
 --------------------------------------------------------------------------- 
                From       To   Intercept      Gold   Silver  Copper    Zinc 
 Hole No      Metres   Metres      metres       g/t      g/t       %       % 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
 LC07-06                         No Significant Results 
 --------------------------------------------------------------------------- 
 LC07-07(i)     9.50    27.85       18.35      0.50    25.65    0.45    5.15 
 Including     13.95     21.5        7.55      0.91    40.79    0.67    7.28 
 --------------------------------------------------------------------------- 
 LC07-08        7.65     24.4       16.75      0.67    21.38    0.36    0.36 
 --------------------------------------------------------------------------- 
 LC07-09       42.98    50.52        7.54      0.23    17.82    0.31    6.00 
               52.85    65.30       10.35      0.87     8.51    0.04    0.19 
               72.51    77.44        4.93      0.37    24.26    0.64   11.14 
 --------------------------------------------------------------------------- 
 (i) Previously released, see WTM NR07-18, June 14, 2007; mineralized 
     intercepts interpreted to represent 110-120% of true thickness. 
 

Drill hole LC07-08, drilled from the same collar location as LC07-07, but rotated 30 degrees to the west, intercepted a 16.75 metre (54.94 foot) wide mineralized zinc-copper-silver-gold stockwork (See Table 1) before terminating in the same quartz diorite dyke intersected in hole 09. The stockwork zone in hole -08 is similar to that observed in the hanging wall of the main zone in hole 07. Drilling is expected to resume in the La Dura East and West areas within the next several days.

Drill hole LC07-06, collared prior to the La Dura West discovery and drilled 160 metres to the south of the mineralized zone intersected a multi-phase diorite intrusion hosting weakly anomalous copper and gold mineralization.

The La Dura East and West discoveries are located in the south-central portion of West Timmins 100% owned, 557 square kilometre Montana de Oro Project in the Sierra Madre Belt of Sonora, Mexico. The Montana de Oro Project sits at the heart of the Three States District, less than 50 kilometres from seven new mines or mine development projects including Goldcorp's lowest cost gold producer - the El Sauzal deposit, Palmarejo Silver and Gold's Palmarejo-Trogan deposit and Pan American Silver's Alamo Dorado silver mine.

Quality Control and Assurance

Geochemical results reported herein are from halved drill core samples collected from the Company's Montana de Oro project. Core sampling is conducted on site by trained personnel and sealed samples are transported to ALS-Chemex's preparation facilities in Hermosillo, Mexico by employees of consulting firm Minera Cascabel S.A. de C. V. on behalf of West Timmins Mining. Samples were assayed for gold by standard fire assay- ICP finish with a 30 gram charge. Samples additionally underwent 34 element ICP-MS analysis. Silver, zinc, copper and lead values in excess of 100 ppm, 1%, 1% and 1% respectively were re-analyzed by fire assay. The remaining half of the drill core is stored in a secure facility on the project site. For quality control purposes blank and analytical control standards were inserted into the sample sequence at regular intervals. Mr. Darin Wagner (M.Sc., P.Geo.), the Company's President, has acted as qualified person for this news release. The qualified person has verified that there were no discrepancies with the respect to the quality control samples submitted for analysis along with the drill core.

About West Timmins Mining Inc. ( www.westtimminsmining.com)

West Timmins currently has five drills, completing a total of 35,000 metres, turning on its exploration projects in the Sierra Madre Belt of Mexico and in the Timmins Gold Camp of Northern Ontario. West Timmins is focussed on the exploration and development of district-scale gold and related base metal projects in the major gold camps of North America. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.

On behalf of the Board of West Timmins Mining Inc.

Darin W. Wagner, P. Geo., President and Chief Executive Officer

For further detail on West Timmins Mining Inc. please refer to prior disclosure at www.SEDAR.com.

The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and such securities may not be offered or sold in the United States absent an exemption from such registration requirements.

This press release contains forward looking statements within the meaning of applicable under Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.

The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

Contacts

Darin W. Wagner
West Timmins Mining Inc., Vancouver
President & CEO
[phone] or Toll Free: 1-866-685-8311
Email: [e-mail]

Elaine Einarson
West Timmins Mining Inc., Vancouver
Manager Corporate Development
[phone] or Toll Free: 1-866-685-8311
Email: [e-mail]
Website: www.westtimminsmining.com

[Lone Clone]

Further High-Grade Zinc and Copper intersections at Sipa's Kangaroo Caves deposit
Friday , 06 Jul 2007 Sipa Resources

http://www.mineweb.net/mineweb/view/mineweb/en/page674?oid=23086&sn=Detail

Results From Seven Of Nine Holes Received Show Significant Values

Increases Likelihood Of Significant Tonnage For Planned CBH Concentrator

Updated Resource Estimate Once Results Of Last Two Holes Received

Australia's Sipa Resources Limited has received assay results for a further nine RC drill holes at its Kangaroo Caves deposit in Western Australia, seven of which returned significant intersections. The best result came from hole KCC31 which cut an estimated true thickness of 13m grading 7.58p.c. zinc and 0.80p.c. copper from 228m, the first 6m of which averaged 12.24p.c. zinc and 1.64p.c. copper.

Other intersections (all estimated true widths) include: 2m of 8.38p.c. zinc from 159m, and 6m of 2.54p.c. copper and 1.71p.c. zinc from 168m, followed immediately by 4m of 5.04p.c. zinc from 174m in KCC23; 6m of 1.96p.c. copper and 4.55p.c. zinc from 182m in KCC24; 16m of 4.21p.c. zinc from 146m in KCC26; 4m of 9.81p.c. zinc and 1.24p.c. lead from 146m, followed immediately by 5m of 2.73p.c. copper from 151m in KCC27; 14m of 7.87p.c. zinc from 187m followed immediately by 2m of 3.68p.c. copper in KCC28; 7m of 5.75p.c. zinc from 217m in KCC30.

Sipa says it continues to be encouraged by the results which, when combined with those from the earlier holes in the drilling programme and existing information on the deposit, further enhance the likelihood that Kangaroo Caves will provide significant additional ore to feed the concentrator which CBH Resources plans to construct at its Sulphur Springs project, 6km to the north.

Kangaroo Caves lies within the Panorama Exploration Project in the Pilbara district. CBH Resources is earning 60p.c. interest by funding A$4m of exploration, with Sipa being paid to manage this exploration.

A total of 17 holes has been drilled at Kangaroo Caves, and Sipa says that significant intersections have been returned from 12 of the 15 holes for which results have been received. The holes were mostly on 40m-spaced infill drilling sections to allow for an upgrading of the current resource estimate of 1.7m tonnes grading 9.8p.c. zinc and 0.6p.c. copper. This resource estimate will be updated as soon as all drilling results are received and collated, the company adds.

At least two positions exist to extend the deposit further to the west and south-east at relatively shallow depths, and the company's next drilling programme at Panorama, presently scheduled for September, will investigate this potential for further resources amenable to open pit mining.

Sipa is awaiting results from two holes at Kangaroo Cave and from four holes at the Jamesons Prospect and two at Breakers. The September programme will include additional drilling at these two prospects and at some or all of the Anomaly 45, Man O'War, Nambucca and Roadmaster prospects.

TABLE OF DRILLING RESULTS AND LOCATION MAP AVAILABLE ON REQUEST AND ON SIPA WEBSITE

Further Info: Mike Doepel, Managing Director, Sipa Resources Limited. Tel: [phone]

Ron Marshman/John Greenhalgh, City of London PR Limited. Tel: [phone]
http://www.sipa.com.au/

[Lone Clone]

Singapore zinc premiums rise to $40-45/mt on tight stocks:traders

http://metalsplace.com/news/?a=13196

Spot offers for Chinese zinc were mostly heard higher at premiums of $40-45/mt in-warehouse Singapore plus the London Metal Exchange cash price, traders in Singapore said Thursday. Premiums were heard at a wide range of $20-45/mt early this week.

"Early last week, zinc premiums were heard at $20-25/mt. But at the end of the week, they rose to around $30/mt. This week I heard premiums at $40-45/mt and now only $45/mt seems to be available," one trader said.

Another trader agreed, attributing the firmer premiums to low zinc stocks in LME-approved warehouses in Singapore. A third trader said there was a lack of replenishment of zinc stocks in Singapore warehouses for the past few weeks.

A fourth trader said: "In fact, I heard offers at $30/mt when the general range was $20-25/mt last week. This week, I heard offers have gone up to $45/mt." The trader, however, added that: "It is not that material is tight. Owners are not willing to release stocks, thereby causing premiums to rise."

Zinc stocks held steady around the 20,000 mt level in early January but jumped above 30,000 mt in the middle of the month. The stocks then began to slip to the 20,000 mt level in April and below 20,000 mt in early May. The 10,000 mt mark was breached on June 16, when zinc fell to 9,975 mt. Since then, zinc continued to steadily decline, though an occasional increase was sighted. Zinc stocks fell 75 mt to 5,600 mt in Singapore, according to LME fogures Thursday.

The LME official cash price for zinc was $3,460-3,465/mt Wednesday, up $3,440-3,445/mt Tuesday.

[Lone Clone]

Kagara Zinc – A Window of Opportunity?

http://metalsplace.com/news/?a=13197

Kagara Zinc (KZL) suffered a 6% fall on Wednesday after downgrading FY07 profit guidance, and announcing a move to owner-operator status at its Queensland operations. The company, despite a 12% fall in recent weeks, still remains Macquarie Research Equities (MRE)’s top pick in the small cap copper/zinc sector, and MRE maintain their $8 price target. The stock has recovered 5% yesterday, yet still remains almost 25% below MRE’s target. With the outlook for copper and zinc still remaining bullish, MRE view this as an excellent trading opportunity.
Trailing earnings downgrade.

FY07 profit before tax guidance was revised down to $130m (from $175m). This was partially anticipated following recently announced wet weather issues and June quarter average metal/A$ prices. The downgrade was attributed as follows: lower than budgeted zinc ($10m) and copper ($20m) production, higher A$ ($5m) and lower copper/zinc prices ($10m). The previously undisclosed factor also driving lower production was delays in accessing high-grade ore from the Balcooma pits.
Owner-operator status.

The delay in accessing high-grade Balcooma ore was caused by poor material movement rates. Given the stated contractor underperformance, KZL has moved to assume responsibility for open pit mining activities at both Balcooma and Mt Garnet. Employees of the local private contractor have transferred to KZL and mining equipment leases have also been assumed (except at Balcooma where equipment is now being supplied on a dry hire basis by EMECO). The total cost of this restructuring should be around $5m, including the assumption of equipment lease liabilities. MRE would highlight that the previous operating model sat somewhere between pure contracting and owner-operator.
Strong outlook.

A full contribution from Thalanga and the development of the Mungana project should deliver strong production growth over the next three years. MRE highlight that their forecasts remain slightly behind KZL’s operational guidance. The key risk to this profile remains the timing of the Mungana project, which is predominantly related to EPA approval. A requirement for a full Environmental Impact Statement (EIS) would likely push back first production around six months to mid-2009.
Reinforcing the view.

Recent drilling results at Red Dome affirm our longstanding belief that KZL will continue to progressively add significant value through targeted and development-oriented drilling programs.
Action and recommendation

The downgrade is disappointing and highlights the need for a renewed operational focus (which does appear to be occurring). However, in MRE’s view it fails to materially dent the bigger KZL picture. The stock is MRE’s preferred small copper/zinc play (Oxiana is at the big end) given the quality exposure offered to polymetallic assets (operating and development). Pricey short-term multiples must be weighed against a strong organic growth pipeline, and significant further development potential and exploration prospectivity. Maintain Outperform rating and $8.00 price target.

Traders looking for maximum exposure to short-term movements in the above share price should consider the following equity warrants for a high-risk, high-return strategy.

Investors and traders looking for short to medium-term leveraged exposure to the above mentioned share price should consider Macquarie Instalments for a higher risk, higher return alternative to direct share investment.

[Lone Clone]

HudBay sees increased reserves, stock jumps

06/07/07

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

TORONTO (Reuters) - Shares of HudBay Minerals Inc. punched further into record territory on Friday after the miner said it had substantially increased reserves at its Yukon deposits.

HudBay stock was up 53 Canadian cents, or 2 percent, at C$27.38 by early afternoon on the Toronto Stock Exchange, after having peaked at C$27.64.

Estimates for HudBay's neighboring Tom and Jason mines in northwestern Canada confirmed it is "one of the largest undeveloped zinc/lead deposits in North America," Peter Jones, the president and chief executive, said in a statement on Friday.

Combined, the two deposits contain an "indicated" 6.43 million tonnes of zinc, lead and silver, and a "total inferred" amount of 24.55 million tonnes, the miner said.

The Winnipeg-based company's shares have jumped in the last four sessions, climbing 23 percent in the shortened trading week.

($1=$1.05 Canadian)

[Lone Clone]

HudBay Substantially Increases Mineral Resources
NI 43-101 Report Completed on Tom and Jason Deposits

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

08:28 EDT Friday, July 06, 2007
WINNIPEG, MANITOBA--(CCNMatthews - July 6, 2007) - HudBay Minerals Inc. (TSX:HBM) (HudBay) today announced a National Instrument 43 101 (NI 43-101) compliant in-situ mineral resource estimate for its Tom and Jason deposits in the Yukon Territory.

 
 ----------------------------------------------------------------------- 
                Tom and Jason Deposits - Mineral Resources 
 ----------------------------------------------------------------------- 
                 Million 
                  Tonnes         Zinc (%)     Lead (%)      Silver (g/t) 
 ----------------------------------------------------------------------- 
 Jason              1.45            5.25         7.42             86.68 
 ----------------------------------------------------------------------- 
 Tom                4.98            6.64         4.36             47.77 
 ----------------------------------------------------------------------- 
 Total Indicated    6.43            6.33         5.05             56.55 
 ----------------------------------------------------------------------- 
 Jason             11.00            6.75         3.96             36.42 
 ----------------------------------------------------------------------- 
 Tom               13.55            6.68         3.10             31.77 
 ----------------------------------------------------------------------- 
 Total Inferred    24.55            6.71         3.48             33.85 
 ----------------------------------------------------------------------- 
 

"The mineral resource estimate confirms our combined Tom and Jason deposits as one of the largest undeveloped zinc/lead deposits in North America," said Peter Jones, President & CEO. "These deposits are an attractive asset for HudBay and compliment HudBay's 22.8 million tonnes of reserves and 3.2 million tonnes of inferred resources, as of January 1, 2007, at our four mines in Manitoba and New York state. HudBay is moving ahead with early stage regulatory and community engagement to position the Company to potentially develop underground mines on this mineral resource in the future."

The Tom and Jason deposits are located in close proximity to each other on a property of 5,278 hectares, close to the Yukon-Northwest Territories border, approximately 400 km east of Whitehorse where the deposits straddle the North Canol Road and share a common airstrip.

The NI 43-101 compliant mineral resources estimate of the Tom and Jason deposits is contained in a report titled Technical Report on the Tom and Jason Deposits, Yukon Territory, Canada (the Report ), which will be filed on SEDAR. The Report was prepared by Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA). David W. Rennie, P. Eng., is the Report author, and is a Consulting Geological Engineer with Scott Wilson RPA and a Qualified Person under NI 43-101. Core samples from both the Tom and Jason properties were assayed by a number of labs including Bondar Clegg and Company Ltd., Chemex Labs Ltd. and Hudson Bay Mining and Smelting Co., Limited, prior to its acquisition by HudBay.

Mr. Rennie has reviewed and approved the contents of this press release as applicable. Scott Wilson RPA and Mr. Rennie are independent of HudBay.

About HudBay Minerals Inc.

HudBay Minerals Inc. is an integrated mining company that operates mines, concentrators and a metal production complex in northern Manitoba and Saskatchewan. The company also owns a zinc oxide production facility in Ontario, the White Pine Copper Refinery in Michigan and the Balmat zinc mine in New York state. HudBay is a member of the S&P/TSX Composite Index and the S&P/TSX Global Mining Index.

(HBM-G)

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to mineral resource estimates and potential development of the Yukon properties. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of HudBay, to be materially different from those expressed or implied by such forward-looking information, including risks associated with the mining industry such as future commodity prices, possible variations in ore reserves, resources or recovery rates, economic factors as they effect exploration and development, government regulation, environmental risks, success of exploration activities, permitting time lines, capital expenditures, changes in project parameters as plans continue to be refined as well as those factors discussed in the section entitled "Risk Factors" in HudBay's Annual Information Form for the year ended December 31, 2006, available on www.sedar.com. Although HudBay has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. HudBay does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

FOR FURTHER INFORMATION PLEASE CONTACT:

HudBay Minerals Inc.
Brad Woods
Director, Investor Relations
[phone]

Email: [e-mail]
Website: www.hudbayminerals.com

[Lone Clone]

Canadian Zinc Corporation-Underground Drilling at Prairie Creek Mine: Further Vein and Stratabound Mineralization Intersected
Thursday July 5, 3:00 am ET

http://ca.us.biz.yahoo.com/iw/070705/0274253.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jul 5, 2007 -- Canadian Zinc Corporation (Toronto:CZN.TO - News)(OTC BB:CZICF.OB - News) is pleased to report drill assay results on the sixth completed section of underground diamond drill holes from the newly established decline tunnel at the Company's 100% owned Prairie Creek Mine in the Northwest Territories. Drilling has been on-going through the 2006/07winter season.

Previous news releases this year dated January 9, March 5, March 22, April 24 and June 4 reported results from the first five completed sections of drilling, Section 50600N, 50650N, 50700N, 50750N and 50850N from the new underground decline.

Underground Diamond Drill Results from Section 50800N

Assay results have now been received for the ring of seven drill holes completed on Section 50800N. All seven holes on Section 50800N intersected vein mineralization and, in addition, PCU-07-41 also reported an intercept of stratabound type mineralization.

 
 --------------------------------------------------------------------------- 
  Prairie Creek Composite Underground Drilling Intersections: Section 50800N 
 --------------------------------------------------------------------------- 
  
 --------------------------------------------------------------------------- 
                                         Dip 
 Hole         From        Length   TT (degr-                 Ag 
 Number         (m) To (m)    (m)  (m)  eesW)   Pb%    Zn% gm/t     Cu% Type 
 --------------------------------------------------------------------------- 
 PCU-07-035 107.40 112.00   4.60 4.19     24  7.85  16.61   176  0.548     V 
 --------------------------------------------------------------------------- 
 PCU-07-036  99.88 105.08   5.20 5.14      5  8.21  14.45   131  0.353     V 
 --------------------------------------------------------------------------- 
 PCU-07-037 104.32 106.43   2.11 1.99    -18 16.97  26.78   287  0.795     V 
 --------------------------------------------------------------------------- 
 PCU-07-038 128.49 130.28   1.79 1.48    -34  2.98   2.77    35  0.062     V 
 --------------------------------------------------------------------------- 
 PCU-07-039 164.35 167.34   2.99 2.05    -47  9.89   5.99   112  0.218     V 
 --------------------------------------------------------------------------- 
 PCU-07-040 238.00 249.19  11.19 5.17    -62 24.35   7.72   242  0.194     V 
 --------------------------------------------------------------------------- 
 PCU-07-041 303.99 305.07   1.08 0.97    -73  9.30  19.95    79  0.028    SB 
 --------------------------------------------------------------------------- 
 PCU-07-041 305.07 307.38   2.31 1.03    -73  7.12   1.82    57  0.033     V 
 --------------------------------------------------------------------------- 
 V equals Vein, SB equals Stratabound, TT equals estimated true thickness 
 

Vein Mineralization

The 50800N section represents an intermediate section between two previously drilled sections and continues to further detail the vein and stratabound mineralization. The targeted vein-fault structure was successfully intercepted in all holes in the new section 50800N.

An apparent trend, at depth, of increasing high lead/zinc ratios and significant vein widths, indicated in section 50850N which is 50 meters to the north, appears to be confirmed. Evidence of this trend is demonstrated by the intercept in Hole PCU-07-040 where the vein overall graded 24.35% lead, 7.72% zinc and 242 gm/t silver through 11.2 meters of core and contained individual lead values of up to 65.04% over 0.8 meters of core. Actual vein widths are still subject to final interpretation however the sub-vertical nature of the vein continues to be defined. The high lead values also appear to correlate directly with higher silver values.

Stratabound Mineralization

Hole PCU-07-041 also intercepted a continuation of high grade stratabound mineralization (20% zinc and 9.3% lead) within the primary host horizon as previously intercepted in Section 50750N and 50850N. The continuation of stratabound mineralization through all six sections drilled to date is encouraging and indicates further stratabound potential as exploration continues to follow this stratigraphy down dip to the north.

2006/07 Underground Diamond Drilling Program

The 2006/07 underground drill program at the Prairie Creek mine is focused on further defining the Main Zone (Zones 1-3) mineralization in order to upgrade the resource category where previous wide spaced surface diamond drilling has outlined a large inferred mineral resource. The bulk of this drilling is targeted on detailing the vein style mineralization, however, some deeper drilling exploring for additional stratabound mineralization are also included.

MineFill Services Inc. of Vancouver visited the minesite during May and has commenced their assessment report which will compile a new independent NI-43-101 resource calculation for the Prairie Creek Mine. The recent data is now being tabulated and will be brought into a new working model to enable this resource calculation to be completed. The report is targeted to be completed later this summer.

Access to underground drilling has been provided through the establishment of the new decline tunnel which was driven during 2006 from the existing lower level underground workings. The decline reached its targeted length in December 2006 and six new drill stations on 50 metre section lines were established. Results from 41 holes totaling 8,217 meters of coring have been reported within six completed and one partially completed sections. This concludes the Phase One of underground drilling from the decline.

During Phase Two underground exploration the decline tunnel will be extended within the hanging wall of the vein a further 250 meters to establish an additional five drill stations. In preparation for this decline extension underground ventilation, electrical, ground support and equipment are now being upgraded and mining of the decline extension is expected to recommence in mid July 2007 with underground drilling of the next five sections expected to recommence about September 2007.

Quality Assurance / Quality Control

The drill core samples were cut by diamond saw and shipped to Acme Analytical Labs in Vancouver for multi-element assay by ICP-ES analysis. Fire Assay for Ag values greater than 50 gpt is pending. Standards, duplicates and blanks were inserted and included in the analysis. Alan Taylor, P. Geo., Chief Operating Officer & Vice President Exploration and a Director of Canadian Zinc Corporation, is responsible for the exploration program, and is a Qualified Person for the purposes of National Instrument 43-101 and has approved this press release.

About Canadian Zinc:

Canadian Zinc's 100% owned Prairie Creek (zinc/silver/lead) Project, located in the Northwest Territories, includes a partially developed underground mine with an existing 1,000 ton per day mill and related infrastructure and equipment. The Prairie Creek Property hosts a major mineral deposit containing a historically estimated resource of 3.6 million tonnes (measured and indicated) grading 11.8% zinc; 9.7% lead; 0.3% copper and 141.5 grams silver per tonne and 8.3 million tonnes (inferred) grading 12.8% zinc; 10.5% lead and 0.5% copper and 169.2 grams silver per tonne, with significant exploration potential. The deposit contains an estimated, in situ 3 billion pounds of zinc, 2.2 billion pounds of lead and approximately 70 million ounces of silver.

Cautionary Statement - Forward Looking Information:

This press release contains certain forward-looking information. This forward looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, the outcome of legal proceedings and the financial results of the company. The Company does not currently hold a permit for the operation of the Prairie Creek Mine. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.


Contact:

Contacts:
Canadian Zinc Corporation
John F. Kearney
Chairman
[phone]
[phone] (FAX)

Canadian Zinc Corporation
Alan B. Taylor
VP Exploration & Chief Operating Officer
[phone] or Toll Free: 1-866-688-2001
[phone] (FAX)
Email: [e-mail]
Website: http://www.canadianzinc.com


Source: Canadian Zinc Corporation

[Lone Clone]

Zinc remains a solid investment as China's demand grows nearly 10 per cent
Wed Jul 4, 6:26 PM
Laura Bobak

http://ca.news.finance.yahoo.com/s/04072007/2/biz-finance-zinc-remains-solid-investment-china-s-dema...

By Laura Bobak

TORONTO (CP) - Despite fears that China may return to its past as a net exporter of zinc, the commodity is still a solid bet for investors looking to cash in on the growing demand for the metal used to prevent steel from corrosion, experts say.

China's demand for slab zinc is expected to grow 9.5 per cent this year and about nine per cent next year, said Patricia Mohr, a vice-president of economics with Scotiabank. In 2006, China, the world's biggest consumer of refined zinc, saw its demand jump 11 per cent.

Worldwide, consumption is expected to jump 4.5 per cent this year and then again next year, which is only a slight decrease from the five per cent seen in 2006.

"These are very strong growth numbers in terms of demand," said Mohr, noting the growth is fuelled by the demand for galvanized steel in Asia, especially China, where overall industrial production was up 18 per cent year in May year-over-year, and Europe, where it is used in construction.

World demand for zinc is currently greater than supply, but that should balance out next year as more mine production comes onstream, she said.

Mohr said investors looking to invest in zinc should consider waiting until late summer, when stock prices will likely drop somewhat in response to summer manufacturing slowdowns in Europe and elsewhere.

Stock prices should then increase in the fall as demand surges, she said.

China has a massive smelter capacity, but a shortage of zinc concentrate, so it has been importing the concentrate in massive quantities to produce the refined metal. When it produces a surplus, it exports it, which has some concerned about downward pressure on the price.

Zinc is now selling for about US$1.57 per pound on the London Metal Exchange. That's down from $1.67 in May, and nearly $2 late last year, but Mohr said her forecast for the average price for this year is $1.65. She predicts that will decrease to $1.35 next year, but that's still very profitable since the break even price was about 63 cents last year. Prices were an average of 48 cents in 2004, she said.

"Anything over a dollar is very good," Mohr said, noting current prices are at a very "lucrative level."

"It's had a really good run," she said.

Canada's Teck Cominco Ltd. (TSX: TCK-B.TO) is a major exporter of zinc concentrate, culled from its Red Dog mine in Alaska and shipped to China.

George Topping, a base metals analyst with Blackmont Capital in Toronto, agreed with Mohr that the metal's fundamentals are strong.

"I'm still very bullish on most commodities, and I think zinc will still continue to do very well," Topping said.

Although prices have dropped slightly from highs last year, "it's important not to let volatility shake you out of the markets," he said, adding he believes the zinc market will remain strong for at least three to five years.

Topping said zinc demand will remain steady as it's used to make products needing by increasingly affluent consumers in Asia. They're buying big-ticket items which use lots of stainless steel, including cars, fridges and dishwashers.

Investors who want to cash in on zinc could consider HudBay Minerals (TSX: HBM.TO), Breakwater Resources (TSX: BWR.TO), as well as Inmet Mining, (TSX: IMN.TO), which is primarily a copper producer but also makes zinc. Lundin Mining (TSX: LUN.TO) is also another Canadian miner with exposure to zinc.

But Canada's biggest zinc concentrate producer by far is Teck Cominco, which is trying to expand its reach into the copper market through its proposed takeover of Aur Resources Inc. (TSX: AUR.TO) at $41 per share.

The generous offer, which is not expected to be matched, will significantly boost Teck's copper production, and could indicate company wants to continue to diversify to protect itself from a drop in the price of the metal used to galvanize steel.

Investor concerns about Chinese exports of refined zinc could impact the stock prices of Teck and other companies with exposure to zinc, and Mohr said these concerns have likely been a factor in keeping zinc prices from zooming up.

HudBay, a Manitoba-based company, is Canada's second biggest zinc producer after Teck. It also produces copper, gold and silver from its four operating mines, and is considered to be a takeover target by some observers of the rapidly consolidating metals industry.

Analysts said in May the 76-year-old company represents a good buy for investors looking to get into the market for zinc.

"HudBay Minerals provides exposure to improving zinc market fundamentals," John Redstone and John Hughes of Desjardins Securities wrote in their May 28 weekly metals and mining research report to investors. Hughes said HudBay was a top pick, with above average risk, and set his target price to $28.50 per share in May. He said the company has a strong balance sheet, due to "conservative fiscal management" and historically high copper and zinc prices.

In the July 3 metals report, the Desjardins analysts forecast world consumption of refined zinc to increase 3.3 per cent this year to 11.7 million tonnes. In 2008, they predict consumption to pick up six per cent to 12.4 million tonnes. They expect world zinc output of 11.6 million tonnes, rising to 12.4 million in 2008.

Adam Schatzker, of RBC Dominion Securities, forecast an increase in spot zinc prices to $1.84 this year in a May 14 note to investors.

[Lone Clone]

Breakwater Declares Commercial Production at Langlois

17:00 EDT Wednesday, July 04, 2007

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

TORONTO, July 4 /CNW/ - Breakwater Resources Ltd. (TSX - BWR) (the "Company") announces that the Langlois mine, located in north-western Québec, is now in commercial production.

On November 8, 2005, Breakwater announced that it would develop the mine and it was expected that the necessary development work would take 15 months with full commercial production achieved by mid-2007. Development has progressed as expected and commercial production was achieved onJuly 1, 2007.

Breakwater is a mining, exploration and development company which produces and sells zinc, copper, lead and gold concentrates to customers around the world. The Company's concentrate production is derived from four mines. Two of Breakwater's mines are located inCanada, one is located in Chile and one is located in Honduras.

For further information: Ann Wilkinson, Vice President, Investor Relations, [phone] Ext. 277, [e-mail]

[Lone Clone]

Arehada Mining Limited changes name and reports on current operations

http://www.newswire.ca/en/releases/archive/July2007/03/c3135.html

TORONTO, July 3 /CNW/ - Dragon Capital Corporation (TSX: AHD), (the
"Company") reported today that shareholders have approved the company's change
of name to Arehada Mining Limited to reflect the firm's origins.
Arehada Mining Corporation, its 100% subsidiary based in Inner Mongolia,
China has 550 full time employees in the mining and processing division,
213 employees in the zinc plant and 12 employees in the exploration division.

Production

The Company is currently operating a 1,500 tonnes per day mining and
milling operation producing zinc and lead concentrate which generated earnings
of $0.015 per share in that period.
Based on the 43-101 report, the Company has indicated and inferred
resources of 11 million tonnes with an average grade of 3.08% zinc, 2.07% lead
and 57 g/t of silver supporting a 14.5 year mine life from the currently
producing Arehada North(*) deposit.
The Company currently has six drills working to the east of the defined
resource seeking to prove sufficient additional resource to support expansion
of the mining and milling operation in Arehada North.
Construction of a new incline shaft and a vertical shaft has commenced
with a view to doubling the capacity to 3,000 tonnes per day by the end of
2008.
To date, 31 new holes have been drilled with a further six scheduled to
be completed by the end of this month. Shortly thereafter these results will
be released and an internal estimate of the new resource will be calculated.
Based on early drill results we anticipate seeing grades as those encountered
in the current area of mining.
A further 33 holes are planned for Arehada Central(*) and Arehada South(*)
plus the periphery of North during the balance of this year. Two holes
previously drilled in Central returned 2.4% zinc, 1.6% lead and 44g/t silver.
Three holes previously drilled in South returned 2.2% zinc, 1.5% lead and
38g/t silver.

Zinc Plant

The 50,000 tonnes per annum capacity zinc plant producing zinc oxide and
sulphuric acid from zinc concentrate was completed in May of this year.
The Chinese government is actively promoting the building of new,
efficient and environmentally friendly zinc plants with a variety of measures.
As a consequence of this policy, once Arehada's plant is operational, all zinc
concentrate in the region must be processed through the Company's mill.
The plant is expected to be profitable at an early stage and will greatly
assist the Company in achieving its ultimate objective of being the dominant
regional zinc producer.
Intermediate term plans include building out the refinery phase so that
the plant will produce 50,000 tonnes per annum of high grade zinc with a
longer term view to a full 100,000 ton per annum expansion.

Dasaituo Property

The Company has been continuing its drilling program on its 60% owned
Dasaituo zinc lead silver prospect having completed four of eight drill holes
planned for 2007 in addition to 21 previously drilled holes.
We expect a detailed report in November on the property, which is
approximately 55 km northeast of the Arehada mine, in order to assess whether
a small (500 tonnes per day) mining and milling operation would be justified.
The Company is looking at acquiring the remaining 40% interest in
Dasaituo. A final acquisition price will be determined in conjunction with a
review of the detailed exploration study.

(*) The deposits referred to as Areas I, II and III in the RPA 43-101
Qualifying Report have been renamed Arehada North, Central and South
respectively.

About Dragon Capital

Through its 100% owned subsidiary Arehada Mining Corporation, Dragon
Capital is engaged in the exploration, development, extraction and refining of
zinc, lead and silver in Dongwuzhumuqinqi, located in Inner Mongolia, China.
Arehada produces zinc and lead concentrates, which are then sold to smelters
in China.
Arehada is currently constructing its own zinc plant with a designed
processing capacity of 100,000 tons per annum. The first phase, with a rated
capacity of 50,000 tons per annum, will produce zinc oxide and sulphuric acid.

Forward Looking Statements
--------------------------

The above contains forward looking statements that are subject to a
number of known and unknown risks, uncertainties and other factors that may
cause actual results to differ materially from those anticipated in our
forward looking statements. Factors that could cause such differences include:
changes in world commodity markets, equity markets, costs and supply of
materials relevant to the mining industry, extent of resources actually
contained in mineral deposits, actual recoveries achieved in processing ore,
technological change, change to regulations affecting the mining industry,
risks associated with mining operation in China, and environmental and safety
regulations and risks. Forward-looking statements in this release include
statements regarding future programs, review completion dates and
opportunities. Although we believe the expectations reflected in our forward
looking statements are reasonable, results may vary, and we cannot guarantee
future results, levels of activity, performance or achievements.

%SEDAR: 00023101E



For further information: Christopher Harrop, Chairman, Dragon Capital
Corporation, Tel.: [phone], Email: [e-mail]; Martti Kangas,
Investor Relations, The Equicom Group, Tel: [phone] x 243, Email:
[e-mail]

[Lone Clone]

Metco Adds a Minimum of 4,000 m of Drilling on Orphee at Lebel-sur-Quevillon
Tue Jul 3, 7:00 AM

http://ca.news.finance.yahoo.com/s/03072007/28/link-finance-news-metco-adds-minimum-4-000-m-drilling...

MONTREAL, CANADA--(CCNMatthews - July 3, 2007) - Metco Resources Inc. ("Metco") (TSX VENTURE: MKO.V) is pleased to announce a second phase of drilling for a minimum of 4,000 m of additional drilling on the lower periphery and at proximity to the western side of the deposit. This work shall commence at the beginning of July. The Orphee deposit located in the Lebel-sur-Quevillon mining camp is held in a 50:50 joint venture with Breakwater Resources Ltd ("Breakwater").

The ongoing prefeasibility studies being prepared are due in the near future, namely in July for the Caber-Caber North study and in August for the Orphee study.

Metco also wishes to announce that it has increased by 5,000,000 the number of shares reserved for issuance within its stock purchase option plan (the "Plan"). The amount of shares that can be issued under the Plan now totals 10,000,000. This increase is subject to the approval of the TSX Venture Exchange (the "Exchange").

Metco further announces the granting on June 22nd, 2007 of 200,000 stock purchase options of Metco to a director of Metco at the exercise price of $0.10 per share for a period of two years ending on June 22nd, 2009. These options replace the same amount of options that were granted to the same person, which have expired on June 20th.

About Metco

Metco's corporate strategy is to search for, acquire, explore and develop mining properties with strong base metal potential throughout Canada. Its properties are located in the well-known Matagami, Lebel-sur-Quevillon, Rouyn-Noranda, Chibougamau and Gaspe mining camps. Two of its projects, Caber (100% Metco) and Orphee (50% Metco, 50% Breakwater), are presently at the prefeasibility stage. For more information, please consult the Company's website at www.metco.ca.

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

Florent Gauthier, P.Eng., is the qualified person who has reviewed the content of this news release.

Contacts

Florent Gauthier
Metco Resources Inc.
President
514-875-6279
[e-mail]
www.metco.ca

Francois Kalos
SOLAK Communications
450-993-0828
[e-mail]

[Tackler]

Constantine plans mid-July Palmer start-up

2007-07-03 05:30 MT - News Release

Mr. Garfield MacVeigh reports

DRILLING AT PALMER PROJECT TO START UP MID-JULY

Constantine Metal Resources Ltd. plans to start up diamond drilling on its Palmer massive sulphide Palmer project around July 15, 2007. The drill program is planned to initially test low-elevation targets at the Cap and Southwall. Prior drilling at the Cap prospect encountered the following drill intercepts: 23.2 metres (76.1 feet) in Cap-01 of 134 parts per million silver (3.91 ounces per tonne), 0.24 per cent zinc, 0.16 per cent lead and 90.6 metres (297.2 feet) in RMC98-01 of 31 ppm silver (0.90 ounce per tonne), 8.57 per cent barium that includes 10.9 metres (35.8 feet) of 62 ppm silver (1.81 ounces per tonne), 0.19 ppm gold, 0.21 per cent zinc and 16.13 per cent barium. Only one hole (RMC98-02) has partially tested the Southwall target that ended in mineralization assaying 3.47 per cent zinc over 6.04 metres (19.8 feet).

The drill will then follow up on the RW zone discovery at Glacier Creek that includes 5.12 metres grading 10.86 per cent Zn, 0.13 per cent Pb, 0.23 per cent Cu, 0.134 gram per tonne Au and 44.4 g/t Ag (1.30 ounces per tonne) in drill hole CMR06-01 and 19.5 per cent Zn over 0.79 metre in CMR06-02. Please visit the Constantine website for additional information.

The scheduled closing of the Munroe-Croesus acquisition is deferred to July 30, 2007, to allow the parties time to complete closing arrangements.

Garfield MacVeigh, president of the company and a qualified person, has reviewed and approved the technical information contained in this release.

[Lone Clone]

RosCan Releases Phase 1 Diamond Drill Results on Its Jokkmokk Property in Sweden
TORONTO, ONTARIO--(Marketwire - June 29, 2007) -

http://www.marketwirecanada.com/2.0/rel_ca.jsp?id=747528

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.

ROSCAN MINERALS CORPORATION ("RosCan") (TSX VENTURE:ROS) today announces Phase I drilling results on its Jokkmokk property in north-central Sweden. The 2007 exploration program was undertaken on the Sakevare permit (please see news release dated March 16, 2007). RosCan is exploring geological environments in Sweden which may host large meta-sediment hosted zinc(Zn), lead(Pb) , silver(Ag) deposits. RosCan modelled its search using features which are characteristic of the Australian Broken Hill and Cannington deposits. The exploration program was developed from previous work conducted by property vendors BHP Billiton.

Two relatively large (2 to 5 km long) prospects, MG01 and MG02, were the focus of the program. Previous airborne surveys and reconnaissance diamond drilling by BHP Billiton indicated the potential for these prospect areas to host significant Zn, Pb, and Ag values in fractured, altered sedimentary rocks of Proterozoic age.

To further delineate drill targets on the Sakevare permit, ground geophysical surveys consisting of 27 line kilometres of magnetic survey and 15 line kilometres of HLEM Slingram electro-magnetic survey were conducted on the MG01 and MG02 prospects. To locate extensions of mineralization discovered by BHP Billiton, 1,116 metres of diamond drilling were completed in eight drill holes. From split drill core, a total of 401 samples were submitted for zinc, lead, silver and multi-element analysis.

Sphalerite mineralization was intersected in all drill holes with mineralization hosted in faults, fractures and deformation zones within a package of intercalated units of wacke, arenite and mudstone. Ubiquitous sphalerite and chalcopyrite also occur as disseminations and very fine stringers in graphitic, sulphide rich, biotite schists.

Higher grade intersections, at the MG02 prospect, include 3.97 % Zn, 0.83 % Pb, 4.7 g/t Ag over 1.1 metres in hole RMG01-5 and higher grade intersections, at the MG01 prospect, include 4.03% Zn, 1.42% Pb, 43 g/t Ag over 1.6 metres in hole RMG01-7 and 2.6 % Zn, 1.16 % Pb, 31.4 Ag over 0.8 metres in hole RMG01-5. A number of larger sulphide-rich graphitic mudstone units were also intersected with consistently anomalous multi-element metal values such as in drill hole RMG01-7 where 46.4 metres of 0.24% Zn, 0.06% Cu, 0.049% Ni and 3.78 ppm Ag were intersected. Such anomalous intervals may be important vectors for economic mineralization to be used in future exploration on the property.

Sakevare Geology

Host rocks on this property range from coarse-grained micaceous arenites to graphitic mudstones and include biotite-rich wackes, "cherty" sediments and possible oxide/sulphide iron formation. Alteration is characterized by localized fracture/fault controlled zones of silica, quartz veining, with local enrichment of a pervasive chlorite-muscovite alteration. Sulphides are dominated by pyrite and pyrrhotite, which range locally up to 70% of drilled intersections in graphitic, sulphide-rich mudstone. Accessory sulphides include sphalerite and chalcopyrite, with trace amounts of galena and possibly argentite/acanthite (silver sulphide).

MG01 Prospect

Diamond drilling of 816 metres was completed in 6 holes on the MG01 prospect, including two scissor holes RMG01-5 and RMG01-6 to test continuity and orientation of the original BHP Billiton discovery hole. Four holes were drilled to test a portion of the geophysical anomaly south of the original discovery. Drilling intersected numerous wide sections of graphitic, sulphide-rich mudstone, as well as a number of fractured and altered zinc mineralized zones. Drilling also confirmed the moderately east dipping orientation of stratigraphy and structure, with drill intersections at 80-100% of true width.

Drill hole RMG01-5 tested the BHP Billiton discovery zone closer to surface and intersected 5 metres of fractured, chlorite-silica-epidote alteration with anomalous Zn-Pb-Ag values. Further down-hole, a previously untested structure returned 2.6 % Zn, 1.16 % Pb, 31.4 g/t Ag over 0.8 metres.

Drill hole RMG01-6 stepped 65 metres north from RMG01-5 and intersected anomalous Zn, Pb, Ag values in several narrow fault structures with the best intersection returning 1.34 % Zn, 0.49% Pb, and 3.7 g/t Ag over 2.2m.

Drill hole RMG01-7 tested a very large conductive, but relatively non-magnetic target outlined by the Phase 1 ground geophysical surveys, 235 metres south of the original BHP Billiton discovery. This hole intersected a wide zone of graphitic, sulphidic mudstone assaying 0.24% Zn, 0.06% Cu, 0.049% Ni, 3.78 ppm Ag over 46.4 metres. A possible previously untested structure was also intersected, returning 4.03% Zn, 1.42% Pb, 43 g/t Ag over 1.6 metres.

The remaining three drill holes (RMG01-8, RMG01-9, RMG01-10) tested coincident magnetic/electromagnetic conductive targets between 200 and 400 metres south of RMG01-7 intersecting similar stratigraphy, with a best result of 1.19% Zn, 0.33% Pb and 3.86 g/t Ag over 1.4 metres in hole RMG01-9.

Recommendations for further exploration work on the MG01 prospect include using "B" horizon soil geochemistry to examine the remaining large area of untested geophysical anomalies. As well, the original BHP Billiton discovery target remains open at depth. Parallel mineralized structures east and west of the main target area also remain relatively untested and require further testing.

MG02 Prospect

Diamond drilling of 100 metres was completed in 2 holes on the MG02 prospect, consisting of 50 metre step-outs from the original BHP Billiton discovery. Wide sections of graphitic, sulphide-rich mudstone were intersected along with a number of altered mineralized zones. The two drill holes confirmed the structural complexity in the area evident from the geophysical response and previous BHP Billiton drilling.

Drill hole RMG02-5, 50 metres north of the BHP Billiton discovery, intersected two narrow altered fractured zones, 12 metres apart, which returned 3.97 % Zn, 0.83 % Pb, 4.7 g/t Ag over 1.1 metres and 1.54 % Zn, 0.27% Pb, 1.3 g/t Ag over 1.8 metres.

Drill hole RMG02-4, 50 metres down dip of the BHP Billiton discovery, intersected a wide deformation zone in pegmatite dyke-intruded wackes with late remobilization (vuggy cavities) and open fracture mineralization (some voids packed with fine sand). The best intersection returned 1.03% Zn, 0.19 % Pb over 2.0 metres; Ag is depleted in the zone, possibly due to late remobilization or leaching effects.

Recommendations for future exploration work on the MG02 prospect include additional "B" horizon soil geochemistry using lead and arsenic as pathfinder elements and extending ground HLEM and magnetic coverage to cover the large remaining area of the airborne GEOTEM anomaly identified by BHP Billiton.

RosCan is currently earning an 80% interest in the property from Intrepid Mines Limited (TSX:IAU)(ASX:IAU) upon making option payments to BHP Billiton of US $1 million over a period of 4 years. Intrepid is the project operator and will retain a 20% carried interest, while BHP Billiton will retain a 3% NSR royalty. Roscan is currently evaluating the Phase 1 drill results, together with the recommended future exploration work on the MG01 and MG02 prospects and will decide, in early July 2007, if further exploration activities are warranted.

Drilling was carried out on the Jokkmokk property by operator Intrepid Mines Limited under the supervision of David Jamieson. William McGuinty P.Geo, Vice President Exploration and a qualified person for Intrepid has reviewed the information contained in this release. RosCan is currently updating its NI 43-101 technical report for the Jokkmokk project under the supervision of Bruce W. Mackie, P.Geo.

This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements. Such forward-looking statements include comments regarding acquisitions, mineral resource statements and exploration program performance.

Shares Outstanding: 26,699,573

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

For more information, please contact
RosCan Minerals Corporation
Mark McMurdie
[phone]
[phone] (FAX)
Email: [e-mail]

or

Cobblestone Communications Inc.
William Chymyck
[phone]
[phone] (FAX)
Email: [e-mail]

[Lone Clone]

Exports of Chinese zinc expected to rise as domestic prices fall sharply

http://metalsplace.com/news/?a=13003

Chinese zinc smelters and traders have been rushing to secure export contracts since last week, as a sharp fall of domestic prices made them more attractive, traders said Wednesday.

"Exports are now profitable, and contract volumes may total 30,000 (metric) tons in June," said an executive with a trading company in Tianjing.

Traders chose to remain on the sidelines when prices first began to fall, but now as they need positive cash flows, they began to sell on the domestic market, which further pressured cash values, he said.

Chinese zinc exports were slightly above 10,000 tons in April and May, as higher domestic prices kept the metal in the country instead of being exported.

With domestic prices now falling below smelter production costs around CNY27,000-CNY28,000/ton, smelters and traders hope to export to lock in profits, said a zinc trader in Shanghai.

Spot zinc was quoted around CNY25,350-CNY27,350/ton in Shanghai Wednesday.

The three-month London Metal Exchange zinc price was quoted at $3,360/ton at 0609 GMT.

Analysts said speculators have driven zinc futures traded on Shanghai Futures Exchange to an unreasonably high price after it was launched in end-March, while the domestic spot market is in a surplus.

"Since the futures were launched, physical trading has become more complicated, and the volatility of futures has turned the outlook (of exports) murky," said the trader in Shanghai, who has been trading nonferrous metals for more than a decade.

"It's hard to say whether the cash price will return back to the production cost in the near term, but the domestic market is under pressure to export," he said.

[Lone Clone]

Bass Metals signs Que River offtake deal with Zinifex

http://metalsplace.com/news/?a=12938

Bass Metals Ltd (ASX code: BSM) today signed a heads of agreement (HOA) covering the terms and conditions of an ore sales and purchase agreement with Zinifex Ltd (ASX code: ZFX).

The HOA relates to ore produced from the Que River Stage 1 Mining Project, which would be trucked to Zinifex's Rosebery plant.

The agreement is conditional on several items including: * completion of a 1000-tonne trial to verify metallurgical assumptions and logistical issues; * satisfactory management of community concerns by Zinifex regarding road haulage of the ore to Rosebery; and * a $100,000 pre-payment from Zinifex to BSM.

Directors note this departure from the planned offtake agreement with the Hellyer Zinc Concentrate Joint Venture (HZCJV) has arisen due to changes in the operating parameters of the Hellyer plant from what was anticipated in December 2006.

The Hellyer plant is currently being fully utilised in treating the Hellyer tailings to produce a bulk zinc/lead/silver concentrate but its circuit is not configured to recover gold and copper values also available from the Que River ore.

Thus, the HZCJV is not in a position to make payment based on the full value of the contained metals in the Que River ore, relative to the Hellyer tailings that are already freely available to it.

***** The Zinifex agreement generates improved margins, with payments received for all five contained metals (zinc, lead, copper, silver and gold).

The risk profile has also been improved as the Que River ore has a closer affinity to Rosebery ore than the finely ground tailings feedstock into the Hellyer plant.

Between 1978 and 1991 the Rosebery plant treated about 2.4 million tonnes of Que River ore.

Zinifex approached BSM earlier this year exploring ore purchase opportunities to utilise spare capacity at the Rosebery mill facilities.

This resulted in an ore offtake proposal with favourable terms to BSM, which is consistent with its previous revenue targets.

The directors say the focus for BSM now is to complete the ore trial through the Rosebery plant, which is expected to start within the next week, and to finalise haulage and mining-related contracts before making a final decision to mine.

They say both parties are keen and motivated to commence operations as soon as practicable.

[Lone Clone]

Prairie Downs gets more encouraging assays

http://metalsplace.com/news/?a=12948

Prairie Downs Metals (ASX:PDZ) has now received assay results for all RC drill holes from the recent drill program at Prairie Downs, Western Australia.

Results for seven diamond drill holes will be released as they come to hand over the next few weeks.

The discovery of a further two lodes is highly encouraging and suggests that zinc mineralisation may be much more extensive at Prairie Downs than has been previously thought.

The new lode above Main Lode West is 3m at 4.2 per cent zinc, 14.0pc lead and 126.0 grams per tonne silver and 5m at 9.8pc zinc, 3.4pc lead and 27.1g/t silver, including 2 metres at 19.9pc zinc, 7.2pc lead and 52.3g/t silver.

Also, at Main Lode 2m at 14.1pc zinc, 1.5pc lead and 16.0g/t silver.

At Zed Lode 8m at 6.1pc zinc, 2.9pc lead and 19.1g/t silver.

And a new lode above Zed is 3m at 2.7pc zinc, 1.5pc lead and 5.8g/t silver.

Prairie Downs shares last traded at $1.08.

[Lone Clone]

Puma Exploration: 30-Metre Mineralized Zone at Shaft
Tue Jun 26, 10:30 AM

http://ca.news.finance.yahoo.com/s/26062007/28/link-finance-news-puma-exploration-30-metre-mineraliz...

RIMOUSKI, QUEBEC--(CCNMatthews - June 26, 2007) - News on Shaft:

Puma Exploration (TSX VENTURE: PUM.V) has just confirmed rich zinc mineralization in the Shaft lens at Nicholas-Denys by intersecting a mineralized lens containing 5.3% Zn over 5.6 metres in borehole F07-10. This lens is contained within a mineralized zone with an apparent thickness of 30.2 metres, with 2% Zn, 1% Pb, and 55 g/t Ag. This mineralized zone comprises two lenses of massive to semi-massive sulphides. The metal contents of the two sulphide layers are 5.3% Zn, 138 g/t Ag, and 4.5% Zn, 59 g/t Ag. The core of the mineralized zone contains 10.9% Zn over 1.8 metres.

This zinc enrichment had been observed in two other boreholes located within 50 metres of borehole F07-10 on the Shaft deposit (Press release of May 12, 2006). Borehole F06-16 encountered the mineralized zone at a vertical depth of 350 metres, with 6.0 % Zn, 3.3 % Pb, and 108 g/t Ag over 4.4 metres. Borehole F06-15intersected the Shaft lens at 120 metres vertically, and shows a major thickening of the mineralized lens, whose apparent thickness increases to 9.8 metres, with 4.3 % Zn, 2.9 % Pb, and 81 g/t Ag.

Drill intersections of mineralized zones

 
 Borehole  Azimuth     Angle  From     To Length  Zinc Silver  Lead  Gold 
                                (m)    (m)    (m)   (%)   (g/t)   (%) (g/t) 
 F07-10       N160        45  73.2  103.4   30.2   2.0      55   1.0 
           degrees   degrees 
            Lens A Including  73.2   78.8    5.6   5.3     138   1.7  0.94 
                   including  73.2   75.0    1.8  10.9      55   0.8  0.70 
            Lens B            92.8  103.4   10.6   2.3      53   1.2  0.08 
                   including  95.0   98.5    3.5   4.5      59   1.4  0.11 
 </PRE> 
  
 Borehole F06-16 was drilled in the centre of the Shaft lens and confirms the extension of the mineralization to a vertical depth of 350 metres. The mineralized zone remains open in all directions. Preliminary interpretation of the drilling at the Shaft lens suggests an enrichment in zinc with depth, and a thickening of the mineralized layer towards the west. 
  
 News on Hache: 
  
 Exploration Puma has now completed Phase 1 of its program of definition drilling on the Hache lens. 20 boreholes have been drilled on the Hache lens since the start of exploration on the Nicholas-Denys project. These boreholes will enable definition of the Hache lens at surface over an area of about 150 metres by 50 metres, and down to a depth of 150 metres. The results of the first nine boreholes have already been released by the Company: they confirm rich silver values in the Hache lens in the four principal boreholes. The results are as follows: 461 g/t Ag over 6.0 metres, 331 g/t Ag over 3.05 metres, 244 g/t Ag over 4.6 metres, and 262 g/t Ag over 4.2 metres. 
  
 The results from the 11 other definition holes drilled on the Hache lens will be released as soon as they are received. 
  
 The samples were analyzed in the ALS Chemex laboratory at Val d'Or, using the atomic absorption and ICP methods. The contents of this press release were prepared by geologist Marcel Robillard, a qualified person as defined in NI 43-101. 
  
 The TSX Venture Stock Exchange disclaims any responsibility for the veracity and accuracy of this release. 
  
 Contacts 
  
 Rimouski 
 Exploration Puma 
 Andre Proulx 
 President 
 418-724-0901 
 [e-mail] 
  
 Montreal 
 Exploration Puma 
 Christian Guilbaud 
 Investor Relations 
 514-813-7862 
 [e-mail] 

[Lone Clone]

Lundin Mining Drills 55 Metres of 8.5% Zinc at Neves Corvo and 4.0 Metres of 44.4% Zinc at Galmoy
Tuesday June 26, 8:30 am ET

http://ca.us.biz.yahoo.com/iw/070626/0271076.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jun 26, 2007 -- Lundin Mining Corporation ("Lundin Mining" or the "Company") (Toronto:LUN.TO - News)(AMEX:LMC - News)(Shenzhen:LUMI.SZ - News) is pleased to provide an update of the Company's ongoing surface exploration drilling programs at its Neves Corvo mine in Portugal and its Galmoy mine in Ireland.

Neves Corvo Mine

Since the last exploration update in April 2007 (see news release April 12, 2007), assays have been received for an additional 6 drill holes, including the widest high-grade zinc intersections yet encountered in this world-class deposit. These new drill results include hole NF22A which intersected a 55 metre section which returned 8.51% zinc and 2.47% lead, and hole ND20A-1 which intersected a 35 metre section grading 9.44% zinc and 3.16% lead. The intersections in these two holes are 425 metres apart.

Together with the results released in April 2007, these new drill hole intercepts continue to outline a large, continuous zone of high-grade zinc and lead mineralization within the Lombador sulphide lens. Hole NF22A is the deepest hole drilled into this zone to date, and the zone remains open down-dip from this intersection.

A complete summary table showing the results of these holes along with a longitudinal section showing the relative positions of the massive sulphide intercepts with respect to the Lombador deposit is attached to this release and provided on the Company's website at www.lundinmining.com. Highlighted intercepts are summarized in the table below.

 
 --------------------------------------------------------------------------- 
                                  Interval   Est. True 
 Drillhole      From (m)    To (m)      (m)   Width (m)   Cu %   Pb %   Zn % 
 --------------------------------------------------------------------------- 
 NF22A            911.0     966.0     55.0        53.0    0.35   2.47   8.51 
 --------------------------------------------------------------------------- 
 Incl.            922.0     950.0     28.0        27.0    0.29   3.96  11.07 
 --------------------------------------------------------------------------- 
 ND20A-1          696.0     731.0     35.0        34.0    0.35   3.16   9.44 
 --------------------------------------------------------------------------- 
 NE18C-3          747.0     777.0     30.0        28.0    0.46   2.51   8.11 
 --------------------------------------------------------------------------- 
 Incl.            766.0     776.0     10.0         9.3    0.35   4.46  12.90 
 --------------------------------------------------------------------------- 
 ND20A            658.0     666.0      8.0         8.0    0.20   0.80   6.81 
 --------------------------------------------------------------------------- 
 Plus             738.0     752.0     14.0        14.0    0.30   1.76   9.82 
 --------------------------------------------------------------------------- 
 NG22             927.5     944.0     16.5        16.5    0.45   1.24   8.68 
 --------------------------------------------------------------------------- 
 

Three drill rigs are currently committed to continuing to drill this area in order to delineate its ultimate size and to provide sufficient information to upgrade it to an Indicated Resource classification.

Galmoy Mine

A new zone of high-grade mineralization, known as the M Zone, is being delineated within 200 m of the CW orebody at an approximate depth of 100 m below surface in the vicinity of the mill. The discovery hole, GY-714, returned assays of 21.83% Zn, 1.55% Pb and 8.51 g/t Ag over a true thickness of 5.34 m; these results were previously disclosed on April 12, 2007 on the Company's website. Since that time two drill rigs have been delineating this new zone with several contiguous high-grade intercepts including GY-729 which returned assays of 44.38% Zn, 5.64% Pb and 4.97 g/t Ag over a true thickness of 4.03 m. This intercept represents some of the highest grade zinc-lead-silver mineralization ever encountered at Galmoy. There is currently insufficient drilling to determine the economic viability of the M Zone. However, the zone is open to the north and west where drilling is focusing on adding tonnage that may affect the life of mine.

A complete summary table showing the results of the M Zone drill holes and a drill hole location plan map of these holes is attached to this release and are provided on the Company's website at www.lundinmining.com. Highlighted intercepts are summarized in the table below.

 
 --------------------------------------------------------------------------- 
                              Interval   Est. True 
 Drillhole    From (m)  To (m)      (m)   Width (m)    Zn %    Pb %   Ag g/t 
 --------------------------------------------------------------------------- 
 GY-714         85.20   91.00     5.80        5.34    21.83    1.55     8.51 
 --------------------------------------------------------------------------- 
 GY-722         81.60   88.00     6.40        6.09    10.78    0.59     2.33 
 --------------------------------------------------------------------------- 
 GY-724         86.00   90.30     4.30        4.30    14.25    2.02     4.39 
 --------------------------------------------------------------------------- 
 GY-729         91.30   95.70     4.40        4.03    44.38    5.64     4.97 
 --------------------------------------------------------------------------- 
 GY-737         89.00   94.40     5.40        5.32    18.69    2.42     5.59 
 --------------------------------------------------------------------------- 
 GY-740         94.00  102.50     8.50        7.57    11.69    5.87     5.45 
 --------------------------------------------------------------------------- 
 

Neil O'Brien, Senior Vice President of Exploration and Business Development for Lundin Mining, commented, "These additional great results further demonstrate the quality of our assets and the success of our brownfields exploration strategy. The aggressive near-mine exploration efforts, carried out by our dedicated exploration teams in Portugal and Ireland, are realizing the additional discovery potential at both of these mines."

Drill core was logged, split and sampled by Company personnel at its facilities on the Neves Corvo and Galmoy mine properties in Portugal and Ireland respectively. Samples were subsequently bagged, sealed and shipped under the custody of Company personnel to the Company's assay laboratories at the nearby respective minesites where the samples were prepared and analyzed by standard industry-recognized assay methods. The drill program and technical data are under the management of Bob Carmichael (Neves Corvo) and Andrew Bowden (Galmoy) who are both Qualified Persons pursuant to National Instrument 43-101 and have reviewed and verified the technical information contained in this news release.

To view the accompanying Lombador deposit, summary table and map, please click on: http://www.ccnmatthews.com/docs/lun0626one.pdf

To view the accompanying Galmoy M Zone, summary table and maps, please click on: http://www.ccnmatthews.com/docs/lun0626two.pdf


Contact:

Contacts:
Lundin Mining Corporation
Neil O'Brien
Senior Vice President, Exploration and Business Development
[phone]
Email: [e-mail]

Lundin Mining Corporation
Catarina Ihre
Manager, Investor Relations
[phone]
Email: [e-mail]
Website: http://www.lundinmining.com

Lundin Mining Corporation
Sophia Shane
Investor Relations, North America
[phone]
[phone] (FAX)
Email: [e-mail]


Source: Lundin Mining Corporation

[Lone Clone]

Iberian Minerals Corp.: Aguas Tenidas Receives Operating Permit for Tailings Facility
Mon Jun 25, 1:31 PM

http://ca.news.finance.yahoo.com/s/25062007/28/link-finance-news-iberian-minerals-corp-aguas-tenidas...

TORONTO, ONTARIO--(CCNMatthews - June 25, 2007) - Iberian Minerals Corp. (TSX VENTURE: IZN.V) is pleased to announce that MATSA (Minas de Aguas Tenidas SAU), its wholly owned Spanish subsidiary, today received the permit required to operate the planned tailings facility at its Aguas Tenidas zinc/copper project in SW Spain.

The permit is subject to various conditions usual for a permit of this type, including the posting of a guarantee by MATSA with the applicable regulatory authorities, certain insurance requirements and various technical baseline and ongoing monitoring studies. Certain technical approvals are also required at various stages to ensure the integrity of the construction process and operation of the facility over the life of the project.

The Company is delighted with the level of support it has received for the Aguas Tenidas project from all sectors of Andalucian society. It is also pleased to note the very co-operative manner in which the regional authorities have handled the process of granting this permit. This process resulted in a number of design improvements for the tailings facility at a lower initial capital cost than had been originally forecast.

The Aguas Tenidas tailings facility, designed by Golders & Associates, will contain high density, cemented, paste tailings. This commercially proven process is more stable and environmentally friendly (low water usage) than conventional slurry tailings.

The receipt of this permit was one of the last outstanding pre-conditions for the bank project financing package currently being negotiated for Aguas Tenidas.

About Iberian Minerals Corp.

Iberian Minerals Corp., through its wholly owned subsidiary MATSA, is currently proceeding with the re-opening of the Aguas Tenidas copper/zinc project located in the Region of Andalucia, SW Spain. In January 2006, a feasibility report on the project was prepared by SRK Consulting of Cardiff UK, which demonstrated the technical feasibility and economic viability of the project (press release January 20, 2006). The project has sufficient reserves for a 13 year operating life at a production rate of 1.60 million tonnes annually. As press released May 22nd, 2007 the Company plans to have available for release shortly an updated technical report. The Company has also signed a long-term offtake agreement with Trafigura Beheer AG for the sale of all its metal concentrates from Aguas Tenidas.

The Company is in the process of arranging a financing package for the project through a combination of project bank debt, subordinated debt, and equity.

In addition to the Aguas Tenidas project the Company, through MATSA, holds an extensive land position of exploration properties within the Iberian Pyrite Belt.

Iberian Minerals Corp. trades on the TSX-V under the symbol IZN. As of June 22nd, 2007 there were 167,954,103 shares issued and outstanding.

This press release includes certain "Forward-Looking Statements" within the meaning of the US Private Securities Reform Act of 1995. Other than statements of historical fact, all statements are "Forward-Looking Statements" that involve such various known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove accurate. Results and future events could differ materially from those anticipated in such statements. Readers of this press release are cautioned not to place undue reliance on these "Forward-Looking Statements". All dollar amounts are in Canadian dollars unless otherwise noted.

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

Contacts

Peter Miller or Norm Brewster
Iberian Minerals Corp.
[phone]

[oasdihf]

El Nino Ventures & Xstrata Zinc to Commence 25,000 m Drill Program on Bathurst Mining Camp
<<
-------------------------------------------------------------------------
- $5,000,000 work program for 2007-2008
- 25,000 m of diamond drilling
- ELN will be utilizing up to five drill rigs, from June 2007 to
March 2008
- $2,500,000 committed by the province of New Brunswick
-------------------------------------------------------------------------
>>

VANCOUVER, June 25 /CNW/ - El Nino Ventures Inc. ("El Nino") (TSX.V: ELN;
OTCBB: ELNOF; Frankfurt: E7Q) and Xstrata Zinc, are pleased to announce a
$5,000,000 exploration program will commence on June 25th, 2007 on the
Bathurst Mining Camp, in Bathurst, New Brunswick. A total of 25,000 meters of
drilling using up to five drill rigs will be operational from June 2007
through until March 2008. Jean Luc Roy, President of El Nino states, "We are
looking forward to the 2007/2008 campaign, and are very optimistic with the
targets we identified, using the Titan 24 Deep Earth Imaging System, and other
technologies." El Nino has the opportunity to earn up to 50 % of Xstrata
Zinc's exploration projects in the Bathurst Mining Camp through an
Option/Joint Venture Agreement, which was signed in May 2006. We have already
completed the first year, of a two year $10,000,000 work program, with
$5,000,000 coming from the province of New Brunswick through a government
grant. "El Nino is very fortunate to have the support of the New Brunswick
Government, and to be working with an industry leader in Xstrata Zinc," says
Jean Luc Roy.

About El Nino Ventures Inc.

El Nino Ventures is an exploration stage company whose corporate
objective is to revisit former mining regions and apply the latest
technologies to advanced stage exploration targets. El Nino is currently in
the midst of an aggressive global acquisition program throughout North America
and Africa.

On Behalf of the Board of Directors

"Signed"

Jean Luc Roy
President and COO

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
CUSIP No. 28335E-10-6

This news release contains certain "Forward-Looking Statements" within
the meaning of Section 21E of the United States Securities Exchange Act of
1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the British
Columbia Securities Commission and the United States Securities & Exchange
Commission. This email should not be construed as an offer to buy or sell
securities of this company.




For further information: Toll Free: 1-800-667-1870 or [phone],
Email: [e-mail], Fax: [phone], or visit
www.elninoventures.com, 2303 West 41st Avenue, Vancouver, BC, Canada, V6M 2A3

http://www.newswire.ca/en/releases/archive/June2007/25/c8752.html

[kraftdinner]

Western Keltic Mines boosts resource at Kutcho


2007-06-25 07:35 MT - News Release

Mr. John McConnell reports

WESTERN KELTIC MINES INC. ANNOUNCES NI 43-101 RESOURCE ESTIMATE

Western Keltic Mines Inc. has completed an NI 43-101 mineral resource estimate for its 100-per-cent-owned Kutcho project in northwestern British Columbia.

An independent NI 43-101-compliant mineral resource estimate has been completed by Wardrop Engineering Ltd. and includes all three currently known massive sulphide deposits which comprise the Kutcho project. Resources were estimated by using GEMs 3-D block-modelling software. Block grades were interpolated using ordinary kriging. Classification was based on both kriging variance values and mean distances to drill hole composites, relative to strike and dip drill hole spacing. Copper equivalent grades used for application of cut-off grade are based on five-year average metal prices, anticipated metallurgical recoveries and 2004 to 2006 average smelter terms.

"This new resource estimate is very positive news for Western Keltic and is an important milestone towards the completion of a prefeasibility study, now expected at the end of July, 2007," said John McConnell, president and chief executive officer.

The new resource estimate, calculated using a 0.75-per-cent-copper-equivalent cut-off grade, is summarized in the summary table.

 
                                   SUMMARY 
  
 Main deposit              Tonnage (t)    Cu%       Zn%     Ag g/t    Au g/t 
  
 Measured                   2,937,583    1.83      2.65      27.98      0.39 
 Indicated                 12,712,675    1.60      2.04      25.70      0.31 
 Measured plus indicated   15,650,258    1.65      2.15      26.13      0.32 
 Inferred                     811,103    0.95      1.92      24.17      0.33 
  
 Sumac deposit 
  
 Inferred                  10,605,030    0.94      1.45      13.96      0.14 
  
 Esso deposit 
  
 Indicated                  2,040,445    2.24      3.96      37.70      0.49 
 Inferred                     442,506    2.47      4.15      38.09      0.53 
  
 Total 
  
 Measured plus indicated   17,690,703    1.71      2.36      27.46      0.34 
 Inferred                  11,858,639    1.00      1.58      15.56      0.17 
 

The qualified person as defined in NI 43-101 responsible for the mineral resource estimate is Tim Carew, PGeo. The complete NI 43-101 technical report will be filed on SEDAR within 45 days.

[Lone Clone]

Breakwater Announces Increased Reserves and Resources at El Toqui

10:00 EDT Friday, June 22, 2007

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

TORONTO, June 22 /CNW/ - Breakwater Resources Ltd. (TSX - BWR) (the "Company") announces it has significantly increased its reserves and resources at El Toqui.

Exploration conducted thus far this year has increased the proven and probable mineral reserves at El Toqui by 50% (34% on a contained zinc basis) and the measured and indicated resources, which resources include the proven and probable reserves, by 37% (23% on a contained zinc basis). Further, the work completed at El Toqui has improved our understanding of the potential size and location of sufficient additional mineralization to give us the confidence to commence a pre-feasibility study for a 1.0 million tonne per annum mill.George Pirie , President and Chief Executive Officer said, "We are very pleased with the results coming out of El Toqui. It is our expectation that we are likely to have identified up to 11.0 million tonnes of resources by year end. The results of the current exploration program are certainly justifying the exploration expenditures to date." For 2007, the exploration expenditures planned for El Toqui are$10.7 million dollars.

The March 31, 2007 mineral reserves and mineral resources estimate for El Toqui, prepared in accordance with National Instrument 43-101 ("NI 43-101"), is set forth in the following tables.

<<

 
 ------------------------------------------------------------------------- 
                            Proven Mineral Reserve 
     ------------------------------------------------------------------------- 
     Deposit                               Tonnes       Zinc (%)    Gold (g/t) 
     ------------------------------------------------------------------------- 
     Dona Rosa                            327,800           8.7           1.3 
     ------------------------------------------------------------------------- 
     Mallin Monica                          9,400           6.2             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      15,000           6.6             - 
     ------------------------------------------------------------------------- 
     Mallin Sur                           128,900           5.5             - 
     ------------------------------------------------------------------------- 
     Aserradero                           229,600           6.2           9.3 
     ------------------------------------------------------------------------- 
     Estatuas                             207,600           6.9             - 
     ------------------------------------------------------------------------- 
     Concordia                                  -             -             - 
     ------------------------------------------------------------------------- 
     Porvenir                                   -             -             - 
     ------------------------------------------------------------------------- 
     Total                                918,300           7.2           2.8 
     ------------------------------------------------------------------------- 
                           Probable Mineral Reserve 
     ------------------------------------------------------------------------- 
     Dona Rosa                             31,200           6.6           0.7 
     ------------------------------------------------------------------------- 
     Mallin Monica                              -             -             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      23,400           7.3             - 
     ------------------------------------------------------------------------- 
     Mallin Sur                            69,800           4.4             - 
     ------------------------------------------------------------------------- 
     Aserradero                           493,600           4.3           3.2 
     ------------------------------------------------------------------------- 
     Estatuas                             647,200           6.1             - 
     ------------------------------------------------------------------------- 
     Concordia                            779,300          10.3           0.1 
     ------------------------------------------------------------------------- 
     Porvenir                           1,340,100           7.6           0.5 
     ------------------------------------------------------------------------- 
     Total                              3,384,600           7.4           0.7 
     ------------------------------------------------------------------------- 
  
     ------------------------------------------------------------------------- 
                       Proven & Probable Mineral Reserve 
     ------------------------------------------------------------------------- 
     Dona Rosa                            359,000           8.6           1.2 
     ------------------------------------------------------------------------- 
     Mallin Monica                          9,400           6.2             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      38,400           7.1           0.1 
     ------------------------------------------------------------------------- 
     Mallin Sur                           198,700           5.1           0.1 
     ------------------------------------------------------------------------- 
     Aserradero                           723,200           4.9           5.1 
     ------------------------------------------------------------------------- 
     Estatuas                             854,800           6.3             - 
     ------------------------------------------------------------------------- 
     Concordia                            779,300          10.2           0.1 
     ------------------------------------------------------------------------- 
     Porvenir                           1,340,100           7.6           0.5 
     ------------------------------------------------------------------------- 
     Total                              4,302,900           7.3           1.1 
     ------------------------------------------------------------------------- 
  
  
     ------------------------------------------------------------------------- 
                         Measured Mineral Resources* 
     ------------------------------------------------------------------------- 
     Deposit                               Tonnes       Zinc (%)    Gold (g/t) 
     ------------------------------------------------------------------------- 
     Dona Rosa                            504,500           9.8           1.3 
     ------------------------------------------------------------------------- 
     Mallin Monica                          9,800           6.7             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      25,500           7.4             - 
     ------------------------------------------------------------------------- 
     Mallin Sur                           147,300           6.0             - 
     ------------------------------------------------------------------------- 
     Aserradero                           275,100           6.5          10.0 
     ------------------------------------------------------------------------- 
     Estatuas                             332,200           7.6             - 
     ------------------------------------------------------------------------- 
     Concordia                                  -             -             - 
     ------------------------------------------------------------------------- 
     Porvenir                                   -             -             - 
     ------------------------------------------------------------------------- 
     Total                              1,294,400           8.0           2.6 
     ------------------------------------------------------------------------- 
                        Indicated Mineral Resources* 
     ------------------------------------------------------------------------- 
     Dona Rosa                             33,800           8.3           0.9 
     ------------------------------------------------------------------------- 
     Mallin Monica                              -             -             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      31,300           7.9           0.2 
     ------------------------------------------------------------------------- 
     Mallin Sur                            73,100           4.8             - 
     ------------------------------------------------------------------------- 
     Aserradero                           544,300           4.6           3.3 
     ------------------------------------------------------------------------- 
     Estatuas                             754,100           6.9             - 
     ------------------------------------------------------------------------- 
     Concordia                            811,700          11.1           0.1 
     ------------------------------------------------------------------------- 
     Porvenir                           1,395,700           8.2           0.5 
     ------------------------------------------------------------------------- 
     Total                              3,644,000           8.0           0.7 
     ------------------------------------------------------------------------- 
  
     ------------------------------------------------------------------------- 
                   Measured & Indicated Mineral Resources* 
     ------------------------------------------------------------------------- 
     Dona Rosa                            538,300           9.7           1.3 
     ------------------------------------------------------------------------- 
     Mallin Monica                          9,800           6.7             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      56,800           7.7           0.1 
     ------------------------------------------------------------------------- 
     Mallin Sur                           220,400           5.6           0.1 
     ------------------------------------------------------------------------- 
     Aserradero                           819,400           5.2           5.6 
     ------------------------------------------------------------------------- 
     Estatuas                           1,086,300           7.1             - 
     ------------------------------------------------------------------------- 
     Concordia                            811,700          11.1           0.1 
     ------------------------------------------------------------------------- 
     Porvenir                           1,395,700           8.2           0.5 
     ------------------------------------------------------------------------- 
     Total                              4,938,400           8.0           1.2 
     ------------------------------------------------------------------------- 
  
     * Measured and Indicated includes Proven and Probable 
  
  
     ------------------------------------------------------------------------- 
                          Inferred Mineral Resources 
     ------------------------------------------------------------------------- 
     Deposit                               Tonnes       Zinc (%)    Gold (g/t) 
     ------------------------------------------------------------------------- 
     Dona Rosa                              8,000           9.6           0.4 
     ------------------------------------------------------------------------- 
     Mallin Monica                              -             -             - 
     ------------------------------------------------------------------------- 
     San Antonio Este                      20,700           9.4           0.1 
     ------------------------------------------------------------------------- 
     Mallin Sur                           104,900           4.9             - 
     ------------------------------------------------------------------------- 
     Aserradero                            92,800           5.4           1.9 
     ------------------------------------------------------------------------- 
     Estatuas                             591,600           6.3             - 
     ------------------------------------------------------------------------- 
     Afloramientos Est                    682,000           8.6             - 
     ------------------------------------------------------------------------- 
     Concordia                          1,383,200           8.3           0.2 
     ------------------------------------------------------------------------- 
     Porvenir                           1,553,900           6.9           0.8 
     ------------------------------------------------------------------------- 
     Total                              4,437,100           7.5           0.4 
     ------------------------------------------------------------------------- 
     >> 
 

Metal Price Assumptions

For the March 31, 2007 mineral reserves estimates, metal prices, including premiums, used to determine economic viability were US$1.12/lb. zinc, C$/US$ exchange rate of 1.09, US$600/oz. gold, US$12.00/oz. silver, US$2.55/lb. copper and US$0.54/lb. lead. Mineral resources at El Toqui are based on a grade cut-off of 3% zinc for all deposits. This is down from a cut-off grade of 4.75% used atDecember 31, 2006.

NOTES TO INVESTORS CONCERNING ESTIMATES

Cautionary note to investors concerning estimates of Measured and

Indicated Resources.

This news release may use the terms "measured resources" and "indicated resources". The Company advises investors that while those terms are recognized and required by Canadian regulations, the U.S. Securities and Exchange Commission (the "SEC") does not recognize them. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves.

Cautionary note to investors concerning estimates of Inferred Resources.

This news release may also use the term "inferred resources". The Company advises investors that while this term is recognized and required by Canadian regulations, the SEC does not recognize it. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.

Scientific and Technical Data

The Company is reporting mineral resource and reserve estimates in accordance with the CIM guidelines for the estimation, classification and reporting of resources and reserves.

The Canadian Securities Administrators' National Instrument 43-101 ("NI 43-101") requires mining companies to disclose reserves and resources using the subcategories of "proven" reserves, "probable" reserves, "measured" resources, "indicated" resources and "inferred" resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

A mineral reserve is the economically mineable part of a measured or indicated resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allows for losses that may occur when the material is mined. A proven mineral reserve is the economically mineable part of a measured resource for which quantity, grade or quality, densities, shape and physical characteristics are so well established that they can be estimated with confidence sufficient to allow the appropriate application of technical and economic parameters, to support production planning and evaluation of the economic viability of the deposit. A probable mineral reserve is the economically mineable part of an indicated mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit.

A mineral resource is a concentration or occurrence of natural, solid, inorganic or fossilized organic material in or on the earth's crust in such form and quantity and of such a grade or quality that it has reasonable prospects for economic extraction. The location, quantity, grade, geological characteristics and continuity of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge. A measured mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape, physical characteristics, can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough to confirm both geological and grade continuity. An indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics can be estimated with a level of confidence sufficient to allow the appropriate application of technical and economic parameters, to support mine planning and evaluation of the economic viability of the deposit. The estimate is based on detailed and reliable exploration and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes that are spaced closely enough for geological and grade continuity to be reasonably assumed. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality can be estimated on the basis of geological evidence and limited sampling and reasonably assumed, but not verified, geological and grade continuity. The estimate is based on limited information and sampling gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings and drill holes. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

Investors are cautioned not to assume that part or all of an inferred

resource exists, or is economically or legally mineable.

El Toqui's estimated measured and indicated mineral resource and the estimated inferred mineral resource were prepared under the supervision of Torben Jensen, P.Eng., who is employed by the Company as VP, Engineering and who is a Qualified Person under NI 43-101. The Company advises investors that while the terms measured resources, indicated resources and inferred resources are recognized and required by Canadian Regulations, the SEC does not recognize them.

The qualified person responsible for the El Toqui mineral reserve and mineral resource estimates is Robert McGuire, P.Eng., General Manager, El Toqui Mine. The estimation of mineral resources and mineral reserves at El Toqui is a two-stage process:

First, all mineral resources are estimated for the main manto unit at a minimum width and cutoff grade based upon metal prices, costs, recoveries and other considerations. Second, mineral reserves are estimated by applying a series of factors and dilution to the mineral resources. The use of a polygonal-block-based method combined with regularly spaced drill holes is believed to provide a reasonably accurate estimate of the mineral resources.

To convert mineral resources to mineral reserves, the following assumptions are made:

Dilution is added to all resource tonnages at a rate of between 6 and 15% at zero grade, depending on which deposit is being mined, which is based upon a normal over-break of 0.2 metres on the roof and floor for a typical four metre high room.

Room and pillar mining results in a general recovery factor of 80% before dilution and pillar recovery. A 50% recovery factor is used for the pillars. Specific areas are designed differently if rock quality is low or other issues exist. Geo-mechanical studies are in process to improve recoveries further.

Forward-looking Statements

Certain information included in this news release constitutes "forward-looking statements". The words "expect", "will", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to, risks associated with the mining industry such as government regulation, environmental and reclamation risks, title disputes or claims, success of mining activities, future commodity prices, costs of production, possible variation in mineral reserves, mineral resources, grade or recovery rates, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, the timing of estimated future production, capital expenditures, financial market fluctuations, requirements for additional capital, conclusions of economic evaluations, limitations on insurance coverage, risks associated with using third-party contractors, inflation as well as those factors discussed in the Company's most recent Form 40-F/Annual Information Form on file with the SEC and Canadian provincial securities regulatory authorities.

The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

%CIK: 0000782875

For further information: Torben Jensen, P.Eng., Vice President, Engineering, [phone] Ext. 232, [e-mail] or Ann Wilkinson, Vice President, Investor Relations, [phone] Ext. 277, [e-mail]

[Lone Clone]

Full Metal Intersects 44.6 meters 15.9% Zinc, 4.5% Lead, 76.6 g/t Silver at 40 Mile Project
Thursday June 21, 10:44 am ET

http://ca.us.biz.yahoo.com/iw/070621/0269416.html

VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Jun 21, 2007 -- Full Metal Minerals (CDNX:FMM.V - News) is pleased to announce that assay results from the initial hole completed at the LWM Prospect on the 40 Mile Property have been received from significant intervals of massive sulphide mineralization.

Drill Hole LWM07-04 was collared approximately 50 meters south of the near surface 2006 Discovery hole (LWM06-01 12.1 meters averaging 15.7% Zn, 4.0% Pb and 110.9 g/t Ag). Two massive sulphide intervals were encountered. The results are as follows:

 
 Hole-ID     From      To   Length   Ag (g/t)   Zn %   Pb %(i)    Cu % 
 LWM07-04    14.1   26.37    12.27      68.6     8.1      3.7     0.13 
  
             74.2  118.77    44.57      76.6    15.9      4.5     0.19 
 including  98.67  118.77     20.1     159.4    19.7      9.4     0.37 
 (i) Additional assays greater than 25% Pb are pending 
 

Prior to the Full Metal discovery hole (LWM06-01) and the recent step-out holes no other drilling has taken place on the LWM prospect. Drilling has occurred peripheral to a large 'kill zone', an area devoid of vegetation due to either high acid or metal content within soil, related to the massive sulphide mineralization at LWM.

To-date, six drill holes have been completed during the 2007 program at LWM, with four holes encountering significant intervals of massive sulphide mineralization. Drilling has encountered mineralization in an approximate 100 meter by 150 meter area, and is wide-open for expansion. Results from the additional drill holes are expected over the next couple of weeks.

Drill hole LWM07-04 was drilled at a -60 degrees dip angle and collared to the south from LWM06-01. Massive sulphide mineralization occurs as massive, to brecciated coarse grained sphalerite and galena with local chalcopyrite, hosted within carbonates, and a fine-grained dolomite altered intrusive unit. A semi-continuous 20.1 meter interval of massive sulphide mineralization averaged 19.7% Zn, 9.4% Pb, 159.4 g/t Ag and 0.37% Cu. Full Metal is currently waiting for overlimit lead assays (over 25% Pb) from several samples within this massive sulphide interval.

The mineralization style is consistent with carbonate replacement deposit (CRD) zinc-lead-silver systems. Worldwide analogs of this style of mineralization include Leadville, Colorado, Pine Point and Polaris deposits, NWT. The mineralization within the upper 50 meters of LWM07-04 is partially oxidized. Due to the irregular geometries of CRD mineralizing systems, true widths and orientation of the mineralized zone is not known at this time. A plan map with drill hole locations will be available shortly on Full Metal's website at www.fullmetalminerals.com.

A ground magnetic survey is currently underway to help geologic crews get a better understanding of stratigraphy at LWM. The drill is currently completing three holes at the Fish CRD prospect, located 6 kilometers east of LWM. In 2006, Full Metal drilled significant intervals of silver and zinc oxide mineralization, drilled along 500 meters of strike, and 175 meters down-dip, within a massive sulphide gossan (See FMM 2006 NR #29, Dated November 2, 2006). Following completion of these holes, the drill rig will move back to LWM. Full Metal is currently looking into the availability of a second drill rig at LWM.

Full Metal has an option earn a 100% interest in the mineral rights to over 800,000 acres of lands owned and selected by Doyon, Ltd., an Alaska Native Regional Corporation (See FMM 2006 NR #9, Dated May 23, 2006). Fish and LWM occur within an over 90 kilometer long trend of CRD-style prospects, the majority of which have never been drill tested. Full Metal is also completing a regional exploration program to evaluate mineral potential, and identify drill targets elsewhere on the 40 Mile Property.

Full Metal's 2007 exploration program is performed under the supervision of Robert McLeod, P.Geo, Vice-President Exploration for Full Metal Minerals, and a Qualified Person as defined by NI 43-101. Drill cores are cut in half using a diamond saw, with one-half placed in sealed bags, and delivered to ALS-Chemex Labs facility in Fairbanks, Alaska. A sample quality control/quality assurance program is in place. Mr. McLeod prepared and approved the information contained in this release.

Full Metal has twelve active projects in Alaska and one in the Yukon Territory. Drilling is ongoing at the 100%-owned Lucky Shot gold, and Mount Andrew copper-gold projects. Full Metal has Joint Venture agreements with Metallica Resources, Andover Ventures, Triex Minerals and First Factor Development Inc.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

Some statements in this news release contain forward-looking information, including without limitation statements as to planned exploration programs. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include without limitation the completion of exploration programs on schedule and the success of exploration programs.



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


Contact:

Contacts:
Full Metal Minerals Inc.
Jeff Sundar
Manager, Investor Relations
[phone]
[phone] (FAX)
Email: [e-mail]
Website: http://www.fullmetalminerals.com


Source: Full Metal Minerals Ltd.

[Lone Clone]

Messina Minerals Reports Mineral Resources at Boomerang/Domino, Newfoundland
Thu Jun 21, 10:24 AM

http://ca.news.finance.yahoo.com/s/21062007/28/link-finance-news-messina-minerals-reports-mineral-re...

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 21, 2007) - Messina Minerals Inc. (TSX VENTURE: MMI.V) has received the initial resource estimate compliant with CIM Guidelines and NI43-101 regulations for disclosure for the Company's recently discovered Boomerang zinc-lead-copper-silver-gold deposit in central Newfoundland. A resource estimate for a portion of the adjacent Domino zinc-lead-copper-silver-gold deposit is also included. These initial resource estimates, completed independently by Snowden Mining Industry Consultants Inc. ("Snowden"), incorporate all drilling completed at Boomerang up to June 3, 2007 and all drilling at Domino between 3525E and 3900E only up to June 3, 2007.

The purpose of completing this mineral resource estimate is to establish a "benchmark" resource for the Company. The objective of Messina is to double the contained metal as represented by the benchmark resource by the end of 2007, with a report supporting the increase delivered to the Company by April 2008. This objective is expected to be met principally by testing areas of mineralization within Messina's properties with previously published 'historic resources' and upgrading these areas to current standards. This exploration program is underway; drilling has begun at the Skidder prospect historic resource and along strike from the Domino inferred mineral resource. Drilling at the TouchDown target adjacent to Boomerang will commence shortly.

SUMMARY

Boomerang is estimated, using a 1% zinc cut-off, to have indicated mineral resources totaling 1,364,600 tonnes grading 7.09% zinc, 3.00% lead, 0.51% copper, 110.43 g/t silver, and 1.66 g/t gold. In addition, also at a 1% zinc cut-off, Boomerang is estimated to contain a further 278,100 tonnes of inferred mineral resources grading 6.72% zinc, 2.88% lead, 0.44% copper, 96.53 g/t silver, and 1.29 g/t gold. Domino, adjacent to Boomerang and thought to be the same mineralized horizon, hosts another 411,200 tonnes inferred mineral resource grading 6.3% zinc, 2.8% lead, 0.4% copper, 94 g/t silver and 0.6 g/t gold. In summary, Messina reports initial 1.36 million tonnes indicated mineral resources plus 0.7 million tonnes inferred mineral resources at Boomerang/Domino.

The estimated tonnage of Boomerang in the indicated mineral resource category is 1,364,600 tonnes containing approximately 213.2 million pounds zinc, 90.3 million pounds lead, 15.3 million pounds copper, 4.8 million ounces silver and 72,800 ounces gold. In addition, Boomerang and Domino contain a further 689,300 tonnes of inferred mineral resources containing an estimated 98.3 million pounds zinc, 43.0 million pounds lead, 6.3 million pounds copper, 2.1 million ounces silver, and 19,500 ounces gold.

The effect of applying a higher zinc cut-off is minor. At 2% zinc cut-off indicated mineral resources are 1,318,700 tonnes, a difference of 45,900 tonnes; and inferred mineral resources are 625,100; a difference of 64,200 tonnes.

SGS Lakefield Research ("Lakefield") is testing Boomerang mineralization for the purpose of developing preliminary metallurgical processes for metal recovery using conventional methods known to the base metal mining industry. Results of Lakefield's work are expected during 2007, however no firm timeline has been provided to Messina.

MINERAL RESOURCE DETAILS

Table 1A: Boomerang Indicated Mineral Resources

 
 Resource  Cut-off  Resource                     Zn    Pb    Cu    Au     Ag 
 Area         Zn %  Category Density    Tonnes    %     %     %   g/t    g/t 
 --------------------------------------------------------------------------- 
 Boomerang       1 Indicated    3.81 1,364,600 7.09  3.00  0.51  1.66 110.43 
  
  
 Table 1B: Boomerang and Domino Inferred Mineral Resources 
  
 Resource  Cut-off  Resource                     Zn    Pb    Cu    Au     Ag 
 Area         Zn %  Category Density    Tonnes    %     %     %   g/t    g/t 
 --------------------------------------------------------------------------- 
 Boomerang       1  Inferred    3.60   278,100 6.72  2.88  0.44  1.29  96.53 
 Domino          1  Inferred    3.46   411,200  6.3   2.8   0.4   0.6     94 
  
  
 Table 2A: Boomerang Indicated Minerals Resources - Contained Metals 
  
 Resource      Resource 
 Area          Category        Zn lbs        Pb lbs        Cu lbs 
 ---------------------------------------------------------------- 
 Boomerang    Indicated   213,295,359    90,251,915    15,342,826 
  
 Resource      Resource 
 Area          Category          Au g          Ag g         Au oz      Ag oz 
 --------------------------------------------------------------------------- 
 Boomerang    Indicated     2,265,236   150,692,778        72,828  4,844,804 
  
  
 Table 2B: Boomerang and Domino Inferred Mineral Resources - 
  Contained Metals 
  
 Resource      Resource 
 Area          Category        Zn lbs        Pb lbs        Cu lbs 
 ---------------------------------------------------------------- 
 Boomerang     Inferred    41,200,270    17,657,259     2,697,637 
 Domino        Inferred    57,111,486    25,382,883     3,626,126 
  
 Resource      Resource 
 Area          Category          Au g          Ag g         Au oz      Ag oz 
 --------------------------------------------------------------------------- 
 Boomerang     Inferred       358,749    26,844,993        11,534    863,072 
 Domino        Inferred       246,720    38,652,800         7,932  1,242,695 
  
  
 Table 3: Boomerang Indicated and Inferred Mineral Resources by Zn % Cut-off 
  
 Cut- 
 off    Resource                                 Zn    Cu    Pb    Au     Ag 
 Zn %   category    Volume Density     Tonnes     %     %     %   g/t    g/t 
 --------------------------------------------------------------------------- 
 0.5   Indicated   361,800    3.81  1,368,800  7.07  0.51  3.00  1.66 110.22 
 1.0   Indicated   360,800    3.81  1,364,600  7.09  0.51  3.00  1.66 110.43 
 2.0   Indicated   347,900    3.81  1,318,700  7.28  0.52  3.07  1.68 112.37 
 3.0   Indicated   318,900    3.83  1,215,200  7.68  0.54  3.17  1.71 115.40 
 4.0   Indicated   280,300    3.86  1,076,300  8.23  0.57  3.28  1.73 118.66 
  
 Cut- 
 off    Resource                                 Zn    Cu    Pb    Au     Ag 
 Zn %   category    Volume Density     Tonnes     %     %     %   g/t    g/t 
 --------------------------------------------------------------------------- 
 0.5    Inferred    77,700    3.60    278,200  6.71  0.44  2.88  1.29  96.51 
 1.0    Inferred    77,700    3.60    278,100  6.72  0.44  2.88  1.29  96.53 
 2.0    Inferred    74,300    3.61    266,100  6.95  0.45  2.96  1.32  99.25 
 3.0    Inferred    69,600    3.61    249,400  7.24  0.46  3.05  1.34 101.96 
 4.0    Inferred    63,300    3.62    227,800  7.59  0.48  3.12  1.33 103.44 
  
  
 Table 4: Domino Inferred Mineral Resources by Zn % Cut-off 
  
 Resource      Zn % 
 category   cut-off    Tonnes   Zn %   Cu %   Pb %   Ag g/t   Au g/t 
 ------------------------------------------------------------------- 
 Inferred       0.5   430,200    6.1    0.4    2.7       89      0.6 
 Inferred       1.0   411,200    6.3    0.4    2.8       94      0.6 
 Inferred       2.0   359,000    7.0    0.4    3.1      108      0.7 
 Inferred       3.0   304,200    7.8    0.4    3.5      127      0.8 
 Inferred       4.0   254,100    8.7    0.5    3.8      150      0.9 
 

METHODOLOGIES

Snowden calculated Boomerang indicated and inferred mineral resources using "ordinary kriging" as the interpolation method. Snowden produced 1 meter downhole composited assays from the sample database, and then applied assay top-cuts as follows:

Boomerang top-cuts: Zn 29.8%, Pb 11.8%, Cu 1.77%, Ag 422 g/t, Au 8.85 g/t

Snowden calculated the Domino resource differently, because there are fewer drill holes and overall number of samples, using a "change of support" methodology to estimate the inferred mineral resources. Like Boomerang, Snowden produced 1 meter downhole composited assays from the Domino sample database, and then applied assay top-cuts as follows:

Domino top-cuts: Zn 24.0%, Pb 10.0%, Cu none, Ag 335 g/t, Au 1.692 g/t

Specific gravity data used for both Boomerang and Domino samples is measured systematically by Messina staff from each assay sample collected and this data forms part of the data set evaluated by Snowden. Messina personnel incorporated drilling data to June 3rd into a geologic model for both Boomerang and Domino, and with Snowden adjusted the models and wireframes as required.

Specific gravity testing, rock quality determinations and photographic logging of all massive sulphide intersections are performed systematically by Messina staff prior to assaying. Assays are performed by Eastern Analytical Limited of Springdale, Newfoundland. Check assays and other lithogeochemical analyses are performed by Chemex Labs of North Vancouver, British Columbia. The Company is and will continue to use methodical and geoscientifically accepted procedures for assaying including quality control and quality assurance (QA/QC) including the use of duplicates and standards for all analytical testing. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

The resource estimate reported here was prepared by Pamela De Mark, Senior Consultant - Resource Evaluation of Snowden Mining Industry Consultants Inc. with peer review by Alex Trueman, Divisional Manager also of Snowden who are Qualified Persons as defined by NI43-101. As required by NI43-101 regulations, the resource estimate report will be filed on SEDAR in its entirety within 45 days.

BUSINESS STRATEGY

Messina is drilling zinc-lead-copper-silver-gold enriched massive sulphides at and adjacent to the Boomerang and Domino massive sulphide mineral resources, within the Company's Tulks South Property located in central Newfoundland, Canada. The Tulks South Property represents a portion of the 342 square kilometer area of Messina's central Newfoundland mineral land holdings. The region is historically known as prospective for zinc-rich deposits and home to the formerly producing world-class base metal deposits at Buchans and currently home to a producing zinc-copper mine at Duck Pond.

This initial resource estimate, attributable to the recently discovered Boomerang/Domino deposit, is an important milestone following two years of technical work and provides a significant 'benchmark' base from which to grow. The Company is well situated to expand this initial 'benchmark' by testing and upgrading numerous areas of previously published historic resources, plus drill testing recently identified target areas for new discoveries; all within the Company's extensive landholdings in central Newfoundland. Three drills are currently active.

Kerry Sparkes, Vice President Exploration of Messina Minerals Inc. is the Qualified Person responsible for exploration on the Company's properties in central Newfoundland and who has reviewed and is responsible for the technical data contained in this news release.

On behalf of the Board of Messina Minerals Inc.

Peter Tallman, President

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

Contacts

Peter Tallman
Messina Minerals Inc.
President
[phone]
[phone] (FAX)
Email: [e-mail]
Website: www.messinaminerals.com

[Lone Clone]

Mountain Lake Increases Vertical Depth of Zinc-Copper Massive Sulphide Deposit at Bobby's Pond by 90 Meters
Wednesday June 20, 10:00 am ET

http://biz.yahoo.com/cnw/070620/e_mountnlake_increase.html?.v=1

Further drilling required to test the depth extension of the deposit
PORT WILLIAMS, NS, June 20 /CNW/ - Mountain Lake Resources Inc. (TSX-V: MOA - News; "Mountain Lake" or the "Company") is pleased to report it has encountered additional massive sulphides at depth at its Bobby's Pond base metals (Zn-Cu) deposit in Central Newfoundland.

Drill hole MOA07-26A encountered two zones containing variable but strong sulphide intercepts from 406 to 460 meters and from 470 to 480.25 meters. Sections of massive sulphide and semi massive sulphide were accompanied by disseminations, stringers and narrow bands of pyrite with streaks and blebs of chalcopyrite, sphalerite and galena. Intervals with significant base metals include 4.5 meters of 1.66% Cu, 0.01% Pb, 1.1% Zn, 11.05 gpt Ag and 218 ppb Au, and 9.0 meters of 1.22% Cu, 0.01% Pb, 0.32% Zn, 7.1 gpt Ag, and 143 ppb Au at vertical depths of 380 meters and 400 meters respectively. These intercepts add an additional 90 meters of depth to the mineralized intervals encountered in previously reported hole MOA06-22 which contained 11.0 meters of 1.1% Cu and 7.71% Zn and 7.5 meters of 0.51% Cu and 9.56% Zn in two similarly spaced zones. High Cu:Zn ratios in volcanogenic massive sulphide ("VMS") deposits are typically at the centre of the mineralizing system and much more drilling will be required to determine if a zinc rich zone exists beneath and/or along strike from this pyrite and chalcopyrite rich section.

Drill hole MOA07-24, targeted to intersect the mineralized plane roughly 100 meters below the high grade intercept in hole MOA06-20 (18.50 meters of 0.70% Cu, 0.22% Pb, 6.18% Zn), intersected the projected plane of the mineralization at a much lower than anticipated depth of 170 meters below MOA06-20 as a result of the drill hole maintaining a much straighter trajectory than planned. Only trace amounts of sulphides were encountered.

Drill hole MOA07-25 was targeted to intersect the projected mineralized plane 100 meters below the intercept in MOA06-20 and 50 meters north. An unexpected zone of mineralization was encountered near surface which contained 4.5 meters of 0.19% Cu and 1.2% Zn but only trace amounts of mineralization were encountered at depth.

Although MOA07-24 and MOA07-25 did not intersect significant mineralization at depth, a previous INCO drill hole intersected 0.85 meters of 0.87% Cu, 3.1% Pb, 6.3% Zn, and 64 gpt Ag within a much wider zone of low grade mineralization roughly 100 meters beneath the projected pierce point for MOA07-25. Clearly the mineralized system continues at depth and one of the upcoming projects will be to carefully reexamine all the historic Bobby's Pond drill core to try to increase the understanding of the geology of the deposit area prior to the commencement of the next drill campaign that is planned for September. The objective of the upcoming drill program will be to evaluate the deposit at the 250 meter to 500 meter level where little information is currently known.

With respect to diamond drilling, sample analyses and quality assurance/quality control procedures: all holes are NQ sized core which have been photographed, logged, and diamond saw cut at the core logging facility located in Buchans, Newfoundland. Half of the core was submitted to Eastern Analytical Laboratories in Springdale, Newfoundland for analysis for base metals (zinc, copper, lead and silver) with an AA finish. Gold was analyzed by 30 gram Fire Assay with an AA finish. QA QC procedures involve the inclusion of Standards (1 in 20), Blank Samples (l in 20), and Sample Duplicates (1 in 20) using Eastern Analytical's internal Standards and Blank Samples. True widths will be determined following completion of additional holes in close proximity to MOA 07 26A.

Mr. Gary Woods, P.Geo., President and CEO of Mountain Lake, is the Qualified Person on the Bobby's Pond project, and has reviewed and verified the contents of this news release.

About the Bobby's Pond Project
------------------------------


Bobby's Pond deposit hosts a NI 43-101 compliant mineral resource estimate (Jan. 2007), which includes: an indicated resource of 840,000 tonnes of 6.30% Zn, 0.93% Cu, 0.53 Pb%, 20 g/t Ag and minor Au values; and an inferred resource of 480,000 tonnes of 6.36% Zn, 1.07% Cu, 0.38 Pb%, 15 g/t Ag and minor Au values. The Bobby's Pond project (Mining Lease 187/4881M) is located in the Buchans area of central Newfoundland, renowned for the historic Buchans Mines (Production 1928-1984) and host to several other active massive sulphide projects including Aur Resources' Duck Pond deposit and new mine/mill operation. The Bobby's Pond deposit is located approximately 45 kilometers west (by road) of Duck Pond.

About Mountain Lake Resources Inc.
----------------------------------


Mountain Lake Resources Inc. (TSX-V: MOA - News) is a diversified junior mining and exploration company whose corporate strategy is to build shareholder value through the exploration and development of economically viable mineral properties. Current projects include: a 100% interest in the Bobby's Pond Base Metal Project; the Valentine Lake Gold Project, in which Richmont Mines Inc. is earning a 70% interest; and a 17.2% stake in Etruscan Diamonds Limited, a producing diamond miner in South Africa. For more information visit: www.mountain-lake.com

ON BEHALF OF THE BOARD OF DIRECTORS

s/"Gary Woods"
President & CEO

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.

For further information

Greg Lytle, Lytle & Associates, North America toll-free: [phone]
International & Vancouver: [phone]
[e-mail]


Source: MOUNTAIN LAKE RESOURCES INC.

[Lone Clone]

Colibri intersects Near-Surface Zinc Mineralization on the Verde Zone at Ramard Project, Sonora, Mexico
Tuesday June 19, 9:00 am ET

http://biz.yahoo.com/cnw/070619/colibri_assay_results.html?.v=1

Listed TSX-V: CBI
VANCOUVER, June 19 /CNW/ - Colibri Resource Corporation has received assay results from percussion drilling of an additional 8 percussion drill holes (RPD82 - RPD89) on the Ramaje Ardiente (Ramard) Project in Sonora, Mexico. The Ramard Project is held by an option agreement to acquire 100% ownership of 8,419 hectares made between the Mexican subsidiary of Colibri, Minera Halcones SA de CV, and a private Mexican company. Exploration drilling is focused on various broad areas of skarn and hornfels developed from Paleozoic sedimentary rocks with proximal associated porphyry intrusive rocks. This reported stage of drilling was targeted on the "Verde Zone". All holes except one were drilled vertically into horizons that dip 20 to 45 degrees thus drill intervals reported may not represent true widths. One hole was drilled at -60 degrees to cross possible steeper dipping structurally controlled mineralization.

The Verde Zone drill holes are located between 2 and 2.5 km distant from prior reported drilling on the La Bronca prospect (see News Releases of June 12, 2006, January 25, 2007, February 12, 2007, March 12, 2007, May 2, 2007). The area between these two skarn zones is a mix of isolated outcrops of porphyry intrusive and minor skarn.

All 8 drill holes cut zinc mineralization within skarned calcareous shale and limestone.

RPD83 cut 10.5 meters averaging 7.25% zinc between the surface and 10.5 meters depth, (range of 3.28%-9.5% zinc) in a hole 30 meters deep averaging 3.41% zinc between surface and 30 meters depth (range between 0.28% and 9.5% zinc),

RPD87 cut 12 meters averaging 4.01% zinc between the surface and 12 meters depth within a 30 meter interval that averages 1.78% zinc from surface to 30 meters depth (range between 0.05% and 7.4% zinc).

Holes RPD82, RPD85, RPD88, and RPD89 all cut disseminated zinc mineralization from top to bottom, averaging between 0.74% zinc to 1.11% zinc over lengths between 15 and 21 meters.

These results demonstrate the widespread extent of mineralization on this project. The Verde Zone skarn is associated with a magnetic anomaly approximately 200m wide that extends for 500 meters in a NW-SE direction following a favorable calcareous bed. There are 3 other zones of visually similar mineralized skarns extending continuously further south within the Ramard Project that are not drill tested.

(See drill hole location map posted on www.colibriresourcecorp.com).

 
 	              Length      Interval       Width        Ag        Pb        Zn 
 	                  (m)           (m)         (m)     (gpt)     (ppm)       (%) 
  
 	    RPD82         24          0-24         24m      0.75        21      0.74 
 	            includes         4.5-9         4.5       1.3        45       2.3 
  
 	    RPD83         30          0-30          30      3.46        64      3.41 
 	            includes        0-10.5        10.5      6.98       170      7.25 
  
 	    RPD84         30       10.5-12         1.5       0.5       334      2.08 
  
 	    RPD85         21          0-21          21       0.5        17      0.81 
  
 	    RPD86         30       10.5-12         1.5       0.5        84      4.77 
  
 	    RPD87         30          0-30          30       0.5      54.1      1.78 
 	            includes          0-12          12       0.5        56      4.01 
  
 	    RPD88         15          0-15          15       2.4        67      1.11 
  
 	    RPD89       16.5        0-16.5        16.5       0.5        56      0.71 
 	            includes         3-4.5         1.5       1.3        59      3.15 
  
 	    Mineralization remains open at depth and in all directions. Verde Zone 
 mineralization is dominantly smithsonite with zinc bearing limonitic. Silver 
 is reported as gpt (grams per metric Tonne), lead as ppm (parts per million), 
 zinc in % (weight percent). Gold is not usually assayed due to low 
 concentrations anticipated in this geologic setting. 
  
 	                                                                 end   Depth 
 	    Hole   UTM North  UTM East   inclination      sample      sample       m. 
 	    RPD-82    516196   3284457   -90(degrees)   RPD-1374    RPD-1389      24 
 	    RPD-83    516168   3284472   -90(degrees)   RPD-1390    RPD-1409      30 
 	    RPD-84    516046   3284551   -90(degrees)   RPD-1410    RPD-1429      30 
 	                                N20(degrees)E 
 	    RPD-85    516036   3284572  (-60(degrees))  RPD-1430    RPD-1443      21 
 	    RPD-86    516031   3284617   -90(degrees)   RPD-1444    RPD-1463      30 
 	    RPD-87    516029   3284639   -90(degrees)   RPD-1464    RPD-1483      30 
 	    RPD-88    516037   3284658   -90(degrees)   RPD-1484    RPD-1493      15 
 	    RPD-89    516050   3284663   -90(degrees)   RPD-1494    RPD-1504    16.5

Air track percussion drilling utilizes a surface air driven hammer with 2.25 inch wide bit and associated compressor. Samples are typically 5 kg of rock chips over 1.5m intervals. Each sample is split on site with a Jones splitter and half of the sample taken to Sonora Sample Preparation Lab, Hermosillo, Mexico, and then transported to Vancouver, B.C. by International Plasma Labs. The remaining half of the bagged sample is stored in Hermosillo for archival purposes.

Mr. M. A. Herdrick, B.Sc., M.Sc., Registered Professional Geologist 1801 in the State of Washington, is the Qualified Person on this project under National Instrument 43-101, and has reviewed this release.

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

For further information

Visit our website at www.colibriresourcecorp.com or call Lance Geselbracht, P.E., at [phone]


Source: Colibri Resource Corporation

[Lone Clone]

Zinifex 4Q metal output to rise vs previous quarter

Australian zinc and lead miner Zinifex Ltd.'s (ZFX.AU) fourth quarter production will rise on quarter despite lower output at the company's Budel smelter in the Netherlands, Zinifex's chief executive said Monday.

In the third quarter, Zinifex's zinc production rose 1% on quarter to 159,029 metric tons, while its lead production fell by around 18% to 51,702 tons, because of operational problems at the Port Pirie smelter, CEO Greig Gailey said.

Australia's fiscal year starts on July 1.

Supplies of lead concentrate to Australia's Port Pirie have resumed, Zinifex said, but repairs at Budel in the Netherlands will lower fourth quarter output.

The outlook for the zinc market is firm, based on historically low London Metal Exchange stocks and expected strong demand.

"Zinc supply is increasing but this is necessary to avoid an unsustainable situation and demand destruction," Gailey said in a presentation.

Following a large supply deficit of more than 600,000 tons in 2006 and forecast deficit of nearly 200,000 tons this year, the market balance will swing into a nearly 600,000-ton surplus for next year, Zinifex said.

For lead, supply issues at several mines have pushed the market into deficit, prompting a stock drawdown to critical levels. Supply issues are expected to keep prices at high levels.

Zinifex, which is in the process of combining its smelting and alloying business with Belgium's Umicore SA (UMI.BT) in a deal worth around A$3 billion to form new company Nystar, is keen on expanding its falling reserves.

While focused on its core lead and zinc mining operations, the company will seek to expand its horizon to nickel and niche metals, excluding other base metals and bulk commodities.

The company's project pipeline includes Australia's Dugald River zinc mine that has a minimum mine life of 16 years for production of 200,000 tons zinc per year. If developed, Dugald would raise Zinifex's zinc output by a third from 2011.

Zinifex's newly acquired Wolfden Resources, a Canada-based explorer and developer, could produce 130,000 tons of zinc and 25,000 tons of copper from 2013.

At 0017 GMT, Zinifex shares were up 1.4% at A$18.85.

[Lone Clone]

Marifil Finds More Zinc in Historic "MIM" Drill-Core From San Roque Zinc-Indium-Gold Project
Monday June 18, 7:30 am ET

http://biz.yahoo.com/ccn/070618/200706180397497001.html?.v=1

To Conduct First Assays for Indium Southeast of High-Grade Find

SPOKANE, WASHINGTON--(CCNMatthews - June 18, 2007) - MARIFIL MINES LTD. (TSX VENTURE:MFM - News; "Marifil" or "the Company") announces that a re-examination of assay results from an 19-hole drill program conducted in 2001/02 by MIM Exploraciones S.A. (a wholly-owned subsidiary of mining giant XSTRATA) reveals extensive high-grade zinc (Zn) approximately 1,100 metres (m) southeast of the Del Indio structure on at the Company's(1) San Roque project in Rio Negro Province, Argentina. (See Marifil News Release of May 28, 2007.) MIM`s diamond drill hole number eight (DDH-8) cut 54 m (depth: 130-184 m) of 1.1% Zn and 0.5% lead (Pb), including 14 m (138 - 152 m) of 3.23% Zn and 1.5% Pb, and 8 m (40-48 m) of 4.79% Zn and 2.0% Pb.

Importantly, while all of MIM`s 8 diamond and 11 reverse circulation drill holes intercepted anomalous amounts of zinc, no samples were assayed for indium. Marifil plans to have drill samples from intercepts where MIM intercepted high grade zinc re-assayed for indium shortly.

"Since we found strong zinc values over a wide area in our own drilling, it is very significant that MIM found still more of it in another completely untested area of this very large, hydrothermally altered area," said John Hite, Marifil`s President. "It is even more exciting that our drilling showed a strong association between zinc and indium and, since MIM didn`t assay for indium, we`re looking forward to seeing whether there`s even more indium present in the MIM holes."

The San Roque property contains a huge hydrothermal system with more than 36 square kilometres of alteration, which has been initially tested through wide-spread surface sampling, trenching, drilling and geophysical examination. While most of the area is overlain by shallow alluvial cover, numerous surface samples have been found with visible gold. Marifil recently completed a 28-hole, 2,104-metre diamond drill program that intercepted values including:

 
 Hole No.   Interval (m) True Th (m) Au (g/t) Ag (g/t)    Zn(%)     In (g/t) 
 --------------------------------------------------------------------------- 
 DDH-2      34.4 - 44.9        10.5     0.76       NA     0.06          473 
      incl.                     2.7     0.87       NA     0.11        1,459 
 DDH-4      3.0 - 120.0       117.0       NA       NA     0.95           NA 
      incl. 74.0 - 78.5         4.5     0.37       NA     6.64          499 
 and                            0.9     1.31       NA    14.81        1,160 
 DDH-6        3.0 - 154       151.0       NA       NA     0.79           NA 
 DDH-15       94.0 - 97         2.7      4.3    323.0       NA           NA 
 

(1) Under the terms of Marifil's Purchase Option Agreement with MIM, the Company has already spent the required US$200,000 on the property and may acquire 100% ownership of San Roque by paying MIM US$400,000 before June 4, 2010.

A geophysical survey conducted by MIM also showed wide-spread Induced Polarization (IP) anomalies on the property, which may suggest porphyry-style mineralization beneath the alluvial cover.

"So far, it seems that each new step we take in advancing this property brings new, positive surprises," noted John Hite. "At the same time we are looking for the right joint-venture partner for San Roque - and we are talking with more than one right now -- we are continuing to test our theory that we are sitting on something very large with indium and zinc in some areas, and lots of gold and silver in other parts of the system."

San Roque is a 12,700-hectare base metal porphyry-scale property with zinc and high grade indium along with epithermal gold and silver. Mineralization is found in broad structural corridors containing silicified breccias, quartz veins, disseminated sulphides, and extensive associated stockwork fracturing. The mineralized system is largely hidden by thin alluvial cover and is hosted in Jurassic acidic volcanics and Paleozoic basement rocks of schist. Importantly, this is a strong sulphide system that penetrates all rock types and has the potential for significant size and porphyry-scale, bulk mining. The Company would like to emphasize the mineralization does extend into the underlying basement rocks thus increasing the potential size and importance of the ore targets.

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.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com.)

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


Contact:

John Hite
Marifil Mines Ltd.
President
[phone]

Greg Taylor
Marifil Mines Ltd.
Investor Relations
Toronto area [phone]
Email: [e-mail]
Website: www.marifilmines.com

Source: Marifil Mines Ltd.

[Lone Clone]

Redcorp Ventures Ltd.: Progress Report on Big Bull Exploration Program
BB07066 Intercept Gold Grade Increased By 29%

09:02 EDT Monday, June 18, 2007

http://www.globeinvestor.com/servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGe...

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 18, 2007) - REDCORP VENTURES LTD. (TSX:RDV) and Redfern Resources Ltd. ("Redfern"), its wholly-owned subsidiary, (together the "Company"), are pleased to announce further results for the 2007 exploration program at Big Bull. In addition, the Company is pleased to report that metallic screen assays received for BB07066 increased the gold grade for this high-grade intercept by 29% compared to the previously reported conventional fire assay data.

Drilling commenced in the Big Bull area of the Tulsequah Project on April 21, 2007. The Company released the first results for the 2007 exploration program on May 15, 2007. Results from an additional four holes are now available as are metallic screen assays from BB07066.

2007 Exploration Results to Date

 
 ----------------------------------------------------------------------- 
                          Inter- True 
                            val Width    Au     Ag   Cu    Pb    Zn 
 Hole ID       From     To   (m)   (m) (gpt)  (gpt)  (%)   (%)   (%)  SG 
 ----------------------------------------------------------------------- 
                                        (ii) 
 (i)BB07066  138.15 144.30 6.15   3.5 14.62 288.23 0.51 11.23 22.32 3.25 
 ----------------------------------------------------------------------- 
 BB07070     261.00 263.10 2.10   1.8  0.33   5.50 0.13  0.05  2.29 2.78 
 ----------------------------------------------------------------------- 
 plus        303.80 305.30 1.50   1.3  5.70 154.47 0.28  2.47  4.56 3.03 
 ----------------------------------------------------------------------- 
 BB07071     114.10 115.60 1.50   1.1  0.97 100.66 0.25  4.44  9.19 2.98 
 ----------------------------------------------------------------------- 
 BB07072     150.50 154.50 4.00   2.6  1.84 149.13 0.40  2.79  5.14 2.97 
 ----------------------------------------------------------------------- 
 (i) Previously released 
 (ii) Updated with Metallic Screen Assay Metallic screen assays are 
      considered to be more representative of the grade of the sample 
      when coarse gold is present. 
  
 

The Big Bull Drilling program is exploring for extensions to the high-grade mineralization encountered in holes BB06060 and BB06062, previously reported November 27, 2006 at the end of the 2006 drill program. Additional drill-holes with mineralized intersections have been completed on this target, for which assays are pending. The drill rig has now been moved to an underexplored portion of the main Big Bull trend.

Drillhole BB07069 was designed to test the immediate down dip extent of the "60-62" target, along strike of previous intercepts. No mineralization was intersected at the target stratigraphy.

BB07070 cut two zones of mineralization that appear to correlate with the main Big Bull trend. Mineralization in this hole was complicated by late mafic intrusives that appear to have displaced the expected "60-62" zone.

BB07071 cut mineralization that appears to be a continuation of the "60-62" zone. The mineralized interval is hosted within a similar volcanic sequence, updip and along strike of previous intercepts.

BB07072 cut mineralization from 150.50-154.50 meters. Due to late mafic intrusions it is difficult to determine which zone of mineralization this intercept correlates to. Future work may provide additional information to allow for a more complete interpretation.

The Company is using the recent drillhole information to update the model of the distribution of mineralization to assist in planning future drillholes and for refined resource estimation at the conclusion of the program.

Upon completion of drilling at the Big Bull targets the drill will be moved close to the Tulsequah Chief Deposit to test updip targets of the Tulsequah Chief Deposit.

Redcorp Ventures Ltd. is a Vancouver-based mineral exploration and development company with active projects in British Columbia and Portugal. Further information on Redcorp and the Tulsequah Project can be obtained on the Company's website at www.redcorp-ventures.com and at Redfern's website at www.redfern.bc.ca or by calling toll-free to Troy Winsor, Manager of Investor Relations, at 1-888-225-9662.

ON BEHALF OF THE BOARD OF DIRECTORS OF REDCORP VENTURES LTD.

Terence Chandler, President

Megan O'Donnell, P.Geo., and Michael G. Allen, P.Geo., are the qualified persons, as defined by National Policy 43-101, supervising the exploration program at the Tulsequah Project. Eco-Tech Laboratories of Kamloops BC is an accredited assay laboratory conducting the sample analyses and assays using standard techniques.

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Ontario Securities Act. This includes statements concerning the Company's plans at its Tulsequah Project and other mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Forward-looking information is subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, 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, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development , the potential for delays in exploration or development activities or the completion of feasibility studies, the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management 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. In addition, forward-looking information is based on various assumptions including, without limitation, contractor's costs, remote site transportation costs and materials costs for future remediation. 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 information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

News Release 07-24

FOR FURTHER INFORMATION PLEASE CONTACT:

Redcorp Ventures Ltd.
Troy Winsor

1-888-225-9662


Website: www.redcorp-ventures.com / www.redfern.bc.ca

[Lone Clone]

Aquila Drills Largest Zinc Intercept to Date 87 Meters 9.8% Zinc and Identifies Additional Gold Mineralization 27.8 Meters 5.07 Grams Per Tonne Gold
Monday June 18, 1:00 am ET

http://biz.yahoo.com/ccn/070618/200706180397478001.html?.v=1

TORONTO, ONTARIO--(CCNMatthews - June 18, 2007) - AQUILA RESOURCES INC. (TSX:AQA - News; FRANKFURT:JM4A - News; "Aquila" or the "Company") today announced results of recent drilling at the Back Forty project. These results represent holes targeting expansion of high grade gold and base metals of the Main Zone Hinge and Deep Zone massive sulfides and stringer zones.

Highlights include:

Main Zone Hinge:

- 87 meters of 9.8% zinc and 2.32 grams per tonne (g/t) gold, including 36 meters 17.5% zinc in LK-165

- 54.3 meters of 3.09 g/t gold, 13.9 g/t silver, and 0.40% copper, including 27.8 meters of 5.07 g/t gold, in massive sulfides and stockwork stringer mineralization in LK-161

- 16.35 meters of 2.05 g/t gold in LK-163

Deep Zone:

- 19.96 meters of 3.01% zinc, 0.38 g/t gold, 12.2 g/t silver in LK-161

More detailed results are shown in the table below.

 
  
 --------------------------------------------------------------------------- 
                               Summary Drill Results 
 --------------------------------------------------------------------------- 
                  All 
              Intervals 
              in Meters  Width(i) g/t   g/t    %    %    % 
  Hole #     From     To           Au    Ag   Cu   Pb    Zn      Description 
 --------------------------------------------------------------------------- 
                                                                   Main Zone 
                                                                     massive 
 LK-161     97.69  152.0   54.31 3.09 13.88 0.40 0.09  0.07      sulfide and 
                                                                    stringer 
  
                                                                   Main Zone 
                                                                     massive 
 including  97.69  125.5   27.81 5.07 18.60 0.60 0.12  0.12      sulfide and 
                                                                    stringer 
  
                                                                   Main Zone 
                                                                     massive 
 including  105.0  122.5    17.5 6.57 20.61 0.68 0.13  0.14      sulfide and 
                                                                    stringer 
 --------------------------------------------------------------------------- 
                                                                   Deep Zone 
 LK-161     272.0 291.98   19.98 0.40 13.05 0.08 0.08  3.01  massive sulfide 
  
                                                                   Deep Zone 
 including  279.5  287.0     7.5 0.38  12.2 0.06 0.07  3.93  massive sulfide 
 --------------------------------------------------------------------------- 
                                                            Sulfide Stringer 
 LK-162     79.51    142   62.49 0.49   (ii) (ii) (ii)  (ii)    and QFP dike 
 including  79.51   86.0    6.49 1.90   (ii) (ii) (ii)  (ii)Sulfide Stringer 
 --------------------------------------------------------------------------- 
  
 LK-163     32.73     63   30.27 1.44   (ii) (ii) (ii)  (ii)Sulfide Stringer 
  
 including  39.85   56.2   16.35 2.05   (ii) (ii) (ii)  (ii)Sulfide Stringer 
  
 including  39.85   45.5    5.65 3.05   (ii) (ii) (ii)  (ii)Sulfide Stringer 
 --------------------------------------------------------------------------- 
 LK-165    114.65 201.65    87.0 2.32 17.37 0.30 0.03  9.80  Massive Sulfide 
  
 including 161.15 197.15      36 2.40 19.04 0.43 0.02 17.48  Massive Sulfide 
  
 including 168.65 188.15    19.5 2.23  22.0 0.58 0.02 23.54  Massive Sulfide 
 --------------------------------------------------------------------------- 
 (i)Drilled interval, true width unknown 
 (ii)Trace metal analyses pending/delayed 
 

Drill holes LK-161, 162, 163, and 165 were designed to test the lateral extent of exceptionally large, zinc rich massive sulfide and associated gold mineralization initially defined by holes LK-148, LK-150, LK-151, and 108416 within and on the northern margin of the Main Zone Hinge. LK-160 and LK-164 were aborted due to drilling conditions.

LK-165 was an infill hole drilled in a poorly defined portion of the Main Zone Hinge, and has yielded the largest massive sulfide intercept drilled to date, nearly doubling the massive sulfide thickness used in the NI 43-101 resource model for this area of the Hinge.

Significant gold mineralization was encountered in LK-161, 162 and 163, confirming the presence of yet another concentration of the precious metals at Back Forty. This zone, centered about section 435225E may be structurally controlled and related to a postulated fault that down-drops the Main Hinge zone westward. Previous intercepts in this area included 17.3 meters of 6.62 g/t Au in 108416 and 58.5 meters of 5.1 g/t Au in LK-148.

The gold in LK-163 is significant because it has identified potentially economic mineralization above Main Zone Hinge massive sulfides within 50 meters of surface.

LK-161 also intersected zinc mineralization in the Deep Zone massive sulfide, further defining the geometry and increasing the base-metal potential of this zone.

Drilling in the Main Zone Hinge area continues to define and expand thick massive sulfides and underlying stringer gold-copper mineralization as well as porphyry margin gold mineralization and possible eastward extensions of the 90 Gold Zone. This area of drilling lies between the near surface gossans and massive sulfides of the East Zone (1 million tonnes of 5.2% zinc and 4.0 g/t gold) and the near surface Pinwheel Zone (1.25 million tonnes of 1.6% copper, 2.53 g/t gold, and 66 g/t silver). The extent of mineralization in the Main Zone Hinge area will be important in determining the size and geometry of potential open pit design related to these near surface zones.

Two additional drill holes (RS-1 and RN-3) testing AEM anomalies on a separate property to the south intersected disseminated pyrrhotite mineralization in volcanic rocks and exhalative sediments of probable equivalent age to the Back Forty lithologies. No significant base or precious metals were encountered. The holes are scheduled for follow-up downhole pulse EM surveying this summer.

To date, samples from six additional drill holes have been shipped for assay and five more holes have been completed and are in core processing. Three rigs continue to operate at the Back Forty property. Targets include the down-dip expansion of the Pinwheel Zone, the deep on-strike extension of the Main Zone South Limb, and the continued delineation of gold and massive sulfide mineralization associated with the Main Zone Hinge. An up to date plan map of completed and pending holes is available on the company's website at http://www.aquilaresources.com/projects.php#map.

Sample preparation and analyses for this release were conducted by Accurassay Labs in Thunder Bay, Ontario on split drill core supplied by Aquila. Standards were inserted in the sample sequences with check assays and re-run's routinely conducted. Tom Quigley, P.Geo. and President of Aquila is the Qualified Person as described in National Instrument 43-101 for the Back Forty Project and is responsible for the content of this press release.

Certain information regarding the Company contained herein may constitute forward-looking statements under applicable securities laws. Such statements are subject to known or unknown risks and uncertainties that may cause actual results to differ materially from those anticipated or implied in the forward-looking statements. The securities being offered have not and will not be registered in the United States under the United States Securities Act of 1933, as amended (the "1933 Act") or any state securities laws, and may not be offered or sold within the United States or to or for the account of benefit of U.S. persons absent U.S. registration or an applicable exemption from U.S. registration requirements. This news release does not constitute an offer to sell or a solicitation of an offer to purchase securities in the United States.

Shares Outstanding: 70,109,478

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the contents of this release.


Contact:

Robin Dunbar
Aquila Resources Inc. (Toronto)
CFO
[phone]
Email: [e-mail]

Thomas O. Quigley
Aquila Resources Inc. (U.S.)
President
[phone]
Email: [e-mail]

Source: Aquila Resources Inc.

[Lone Clone]

CBH, Sipa: high-grade zinc at Kangaroo Caves

CBH Resources Ltd (ASX code: CBH) today announced RC drilling at the Kangaroo Caves deposit within the Panorama joint venture by Sipa Resources Ltd (ASX code: SRI) had intersected high-grade zinc mineralisation including 20m at 13.7% zinc and 0.2% copper, and 15m at 11.6% zinc and 0.3% copper.

These intersections were recorded in the upper part of the deposit and will be further evaluated for open-cut potential as additional feed for CBH's planned Panorama mill.

Kangaroo Caves is located 6km south of the Sulphur Springs deposit, where CBH is finalising approvals for the construction of a 1.5Mtpa plant scheduled to commence production in early 2009.

Kangaroo Caves forms part of the Panorama exploration JV with Sipa, where CBH is earning a 60 per cent interest by funding $4 million of exploration expenditure over three years in an area covering the 25km strike length of the same highly prospective rocks that hosts the Sulphur Springs deposit.

Total resource for Kangaroo Caves was previously estimated at 1.7 million tonnes at 9.8% zinc and 0.6% copper, but was calculated at a higher underground cut-off grade.

Recent drilling by the JV has focused on the middle to upper section of the Kangaroo Caves deposit, assessing the continuity and controls of shallower mineralisation that might be available for an open cut to supply additional feed to CBH's planned Panorama mill.

Results to date have been good, with strong base metal sulphide concentrations visually recorded in a number of holes in both areas of the deposit.

Of the 17 holes drilled, 12 have intersected semi-massive to massive sulphide mineralisation, with seven holes logged to have a high percentage of zinc sulphides.

[Lone Clone]

Selkirk Signs Amended and Restated Arrangement Agreement With Doublestar and Releases Updated Technical Report on Ruddock Creek
Friday June 15, 5:08 pm ET

http://biz.yahoo.com/ccn/070615/200706150397408001.html?.v=1

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 15, 2007) - Selkirk Metals Corp. ("Selkirk") (TSX VENTURE:SLK - News) executed an Amended and Restated Arrangement Agreement on June 7, 2007 that supersedes the original Arrangement Agreement signed with Doublestar Resources Ltd. ("Doublestar") (TSX VENTURE:DSR - News) on April 5, 2007.

The Amended and Restated Arrangement Agreement sets out the formal terms and conditions for the acquisition of Doublestar by Selkirk through an exchange of one-half of one common share of Selkirk (the "Selkirk Shares") for each one Class "A" share of Doublestar (the "Transaction").

The principal changes effected by the Amended and Restated Arrangement Agreement are: (i) the scheduled time for delivering a formal information circular describing the Transaction to Doublestar shareholders is extended from May 15, 2007 to June 18, 2007; (ii) The deadline for Doublestar to hold a shareholders' meeting to approve the Transaction was extended from June 15, 2007 to July 16, 2007; (iii) The deadline for exercising various termination rights found in the Amended and Restated Arrangement Agreement by both Doublestar and Selkirk is extended from July 31, 2007 to August 31, 2007; and (iv) Selkirk may elect to make cash payments to Doublestar shareholders otherwise entitled to receive fewer than 10 Selkirk Shares in lieu of Selkirk issuing Selkirk Shares to such Doublestar shareholders.

The parties have finalized a formal information circular describing the Transaction that is being delivered to Doublestar shareholders today.

Doublestar will hold a special meeting of its shareholders coincident with its annual general meeting on July 12, 2007 at which time it will seek shareholder approval of the Transaction. The approval of Selkirk shareholders is not expected to be required in order to complete the Transaction. All directors and officers of Doublestar (and their respective affiliates) have entered into support agreements with Selkirk pursuant to which they have agreed to support the Transaction and vote all shares of Doublestar held by them in favour of the Transaction.

Selkirk commissioned the preparation of a technical report effective June 12, 2007 entitled "National Instrument 43-101 Technical Report on the Ruddock Creek Property" (the "Ruddock Creek Technical Report"). The Ruddock Creek Technical Report was prepared by James (Jim) Chapman, P. Geo., a "qualified person" for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.

The Ruddock Creek Technical Report describes the results of the 2006 exploration program at Ruddock Creek as well as results from previous years. Selkirk has successfully met all objectives of the 2006 exploration program, which has justified the plan to accelerate development of the Ruddock Creek property through an extensive 2007 program of underground development, surface exploration and engineering. Selkirk has completed the planning process for this program and operations commenced in early May.

Selkirk expects to commence the 2007 program with a 10,000m surface drilling program. This work will start with expanding on the known mineralized occurrences at the Q, R and U showings in Oliver Creek. As conditions permit the drills will move up to the Creek Zone to expand the horizon defined by the 2006 drilling. Definition drilling of the near surface portion of the E Zone will likely commence in July. The underground program will entail the collaring of an exploration decline this summer followed by underground drilling.

A full text version of the Ruddock Creek Technical report is being filed on SEDAR today and will be available at www.sedar.com.

On Behalf of the Board of Directors of Selkirk Metals Corp.:

Gordon Keevil, President

This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that management of Selkirk and Doublestar expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of both Selkirk and Doublestar at www.sedar.com for further information.

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


Contact:

Gordon Keevil
Selkirk Metals Corp.
President
[phone]
[phone] (FAX)
Website: www.selkirkmetals.com

Source: Selkirk Metals Corp.

[Lone Clone]

Red Dragon signs Letter of Intent to explore zinc properties in southwest China
Friday June 15, 9:00 am ET

http://biz.yahoo.com/cnw/070615/reddragon_signs_loi.html?.v=1

VANCOUVER, June 15 /CNW/ - Red Dragon Resources Corp. (the "Company") is pleased to announce the signing of a Letter of Intent (LOI) with AP Energy Investments Ltd. (AP), a Chinese private company, to purchase, explore and develop a number of zinc properties in the Weixi district of southwest China.

Details of the LOI are:
- AP has purchased Baimaji Mining Ltd., which owns a mining lease, and
is in discussions with several other property owners to purchase and
consolidate the surrounding mining leases and exploration concessions
for a total area of approximately 15 square kilometres.
- The mining leases and exploration concessions cover stratigraphy that
is known to host lead-zinc mineralization over an eight kilometre
strike length and is currently the focus of small scale artisinal
mining.
- The Company will have a 9 month due diligence period to evaluate the
potential of the project.
- If the Company elects to proceed with further exploration and/or a
feasibility study after the due diligence period, the Company has the
option to earn up to a 60% interest in the project by funding
exploration and/or a feasibility study to the amount equal to
1.5 times AP's total investment in the project. The cost of
exploration work during the due diligence period by the Company will
form part of the investment to earn up to a 60% interest in the
project.
- Once the Company has attained a 60% interest in the project, the cost
of exploration and development will be paid by both parties based on
their respective interest. Should one party elect not to invest, its
ownership in the project will be diluted accordingly.


The properties forming part of the LOI are located approximately 25 kilometres southeast of the companies Baoming and Shanchuan projects, all of which have known zinc occurrences and similar geology as the Lanping Mine located 100 kilometres to the south. The Lanping Mine is the largest zinc mine in China with annual production of 100,000 tonnes of zinc per year. Grab samples collected from outcrops and adits on the properties that form part of the LOI grade up to 27.6% zinc and commonly average 6-10% zinc.

The 2007 exploration program on the Company's Baoming and Shanchuan projects is well underway with the establishment of two 30-man camps, road rehabilitation, soil and stream sediment sampling, and geological mapping. Drill permits are expected from the Chinese Federal Government for the Baoming project pending the delineation of final limits of the nearby proposed Nature Reserve. Should the permit not be received in the immediate future, the Company will move the drill and crews that have been contracted from Victor Drilling Ltd. to the Baimaji project to conduct exploration drilling as part of the due diligence study.

Alvin Jackson, Chief Executive Officer and Chairman of Red Dragon, comments "I am confident that we will eventually receive the permit, although the permitting process has taken longer than expected. In the interim, we will conduct low cost systematic exploration programs on Baoming and Shanchuan projects to define additional drill targets. The LOI signed with AP gives us the opportunity to evaluate a number of zinc occurrences in the Three Rivers Base Metal Belt that is known to host the largest zinc mine in China and one of the top ten zinc deposits in the world."

Red Dragon is well financed to carry out exploration programs on their existing properties in China as well as the new properties that will form part of the LOI with AP.

Laboratory Procedures:

Rock samples were analyzed by International Plasma Labs Ltd. in Kunming, China, an ISO9001:2000 certified laboratory. Samples arriving at the laboratory in Kunming are sorted, dried and crushed to -20 mesh. The sample is then reduced to a 250 gram charge by repeated passes through a riffle splitter and then pulverized to 90% passing -200 mesh. The sample is then rolled to assure a homogeneous particle distribution and transferred to a bag for analysis. Lead and zinc were analyzed by classical wet chemical techniques. Silver was analyzed by fire assay with atomic absorption spectrometer (AAS) finish. Red Dragon Resource Corp. has inserted quality control samples in addition to quality control samples inserted by the laboratory.

Background on Red Dragon Resources Corp.:

Red Dragon Resources Corp. (www.reddragonresources.com) is a Toronto Stock Exchange listed exploration company engaged in the identification, acquisition and exploration of mineral properties with potential for world-class mineral deposits in China and Canada.

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and reviewed by Garnet Dawson, P.Geo., Vice President of Exploration for Red Dragon Resources Corp.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of the information contained herein. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.

Forward-Looking Statements:

This press release contains statements that are "forward-looking". Generally, the words "expect," "intend," "estimate," "will" and similar expressions identify forward-looking statements. By their very nature, forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results, performance or achievements, or that of our industry, to differ materially from those expressed or implied in any of our forward-looking statements. Statements in this press release regarding the Company's business or proposed business, which are not historical facts, are "forward looking" statements that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date they are made.

For further information

Red Dragon Resources Corp., Alvin Jackson, Chairman and Chief Executive Officer, Tel: [phone]
Harbour Financial Inc., Brian N. Barbour, Tel: [phone]


Source: Red Dragon Resources Corp.

[Lone Clone]

SLAM Exploration intersects 6.09% zinc over 11.2 metres at Nepisiguit - Acquires new claims
Thursday June 14, 12:38 pm ET

http://biz.yahoo.com/cnw/070614/e_slam_zinc_over11_2m.html?.v=1

MIRAMICHI, NB, June 14 /CNW/ - SLAM Exploration Ltd. (TSX-V: SXL - News; "SLAM") is pleased to announce assay results from the final 4 holes of a 12-hole drilling program completed at Nepisiguit. SLAM's wholly-owned Nepisiguit Property comprises 67 claims covering 1072 hectares of favourable volcanic stratigraphy located 20 km west of the Brunswick No. 12 Mine in the Bathurst Mining Camp of New Brunswick.

Three of the 4 holes all drilled on Zone A contain massive sulphide core intervals with zinc-lead-copper-silver mineralization including the widest intercept to date in NP07-15 with 11.22 metres grading 6.09% zinc, 0.81% lead, 0.21% copper and 31.3 g/tonne silver. This intercept includes a richer section grading 7.75% zinc, 1.19% lead, 0.17% copper and 36.8 g/tonne silver over 5.31 metres. The following table summarizes the drilling results for selected intervals.
</PRE>
Hole ID From To Core Zn Pb Cu Ag True(x)
metres Inter- % % % g/ Width m
val tonne
NP07-13 167.83 172.06 4.23 6.99 1.00 0.22 27.3 3.97
NP07-14 84.15 86.95 2.80 5.47 1.31 0.27 58.8 2.47
NP07-15 19.02 22.50 3.48 5.86 0.33 0.71 39.5 2.82
NP07-15 29.48 40.70 11.22 6.09 0.81 0.21 31.3 9.08
NP07-15 29.48 34.79 5.31 7.75 1.19 0.17 36.8 4.30
NP07-15 53.16 59.24 6.08 3.43 1.38 0.10 39.7 4.92
NP07-11(xx) 110.40 111.07 0.67 13.53 3.62 0.43 179.0 0.56
NP07-11(xx) 132.23 136.00 3.68 7.53 1.66 0.12 69.0 3.09

(x)The estimated true width is based on the measured core angles. Hole
NP07-15 intersected an additional sequence of sulphide mineralization
possibly repeated by folding.

(xx)Revised results for hole NP07-11 were previously reported at a lower
grade and greater core length. The collar information is tabled as
follows:

Hole ID UTM East UTM North Dip Az Length m
NP07-12 724268 5251751 -50 154 210
NP07-13 724984 5251646 -65 154 204
NP07-14 724184 5251676 50 154 120
NP07-15 724140 5251599 -50 154 117
</PRE>

Michael Taylor, President & CEO comments "We have seen rapid progress at Nepisiguit. The significant widths and grades encountered suggest a high probability of a mineable resource. The drilling results indicate a continuous zone of significant mineralization over a strike length of 250 metres within the Nepisiguit Zone A."

The zone is currently open at depth and to the west where limited drilling by previous workers indicates a minimum strike length of 550 metres. Hole NP07-12, drilled 50 metres east of the deposit did not intercept significant sulphides. A longitudinal section and drill hole location map is being updated for viewing at www.slamexploration.com.

Based upon the highly successful drilling results, SLAM acquired the adjacent 4-claim Cody property where high copper values up to 2500 ppm occur in soils. This soil anomaly occupies the core of the Mud Lake synform and may represent a potential extension to SLAM's Swamp Lake copper deposit. Exploration continues at Nepisiguit with prospecting and mapping. Trenching is planned to start immediately followed by additional diamond drilling.

Drill cores were delivered from the drill to a secure site for logging and sampling. Selected drill cores were sawn with one half sent to Accurassay Laboratories of Thunder Bay for ore grade assay and one half retained for reference. The Company inserted blank samples at selected intervals and relied on Accurassay's system of standards and duplicate samples for quality assurance and control. Derek F. Brown P.Geo., SLAM's Exploration Manager, is the Qualified Person, as defined under National Instrument 43-101, responsible for management of the Nepisiguit project and drilling results reported in this news release.

Drilling continues at SLAM's wholly owned Nash Creek property where a 10,000 metre drilling program is underway to test for extensions of the deposit. This deposit includes an indicated resource of 3.4M tonnes averaging 5.01% zinc, 0.89% lead and 30.95 g/tonne silver plus an inferred resource of 1.71M tonnes at 3.68% zinc, 0.66% lead and 19.2 g/tonne silver (NI 43-101 report published September 2005).

SLAM Exploration Ltd. is a mineral resource company based in Miramichi, New Brunswick. The Company is 100% owner of the Nash Creek zinc-lead-silver deposit. In addition, it wholly owns the Nepisiguit A, Nepisiguit B, Ahearn, Strachens East and Strachens base metal deposits within the world class Bathurst mining camp. SLAM also holds the right to earn 100% interest in 1935 claims centered in the Bathurst Mining Camp. In western New Brunswick, SLAM holds the right to earn 100% interest in the Costigan zinc deposit and wholly owns the Lewis Brook silver deposit. In Southern New Brunswick, SLAM recently acquired and wholly owns the Jake Lee gold property. The Company holds varying interests in four gold properties in the gold producing Uchi sub-province of northwest Ontario.

Additional information about SLAM and its projects is available at www.slamexploration.com or from SEDAR filings at www.sedar.com.

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

On behalf of the Board
Mike Taylor, P.Geo.
President & CEO
SLAM Exploration Ltd.
SEDAR: 00012459E


This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information.

For further information

Bob Smylie, Investors' Relations, Toll-Free 866-309-6719, [e-mail]
Mike Taylor, President & CEO, [phone], [e-mail]


Source: Slam Exploration Ltd.