Thursday, September 23, 2010

Gold Stocks; Northern Tiger (TSX VENTURE:NTR) Announces Up to 82 g/t Gold from Sleeping Giant Zone Rock Sample - 3Ace Project, Yukon

Gold Stocks; Northern Tiger (TSX VENTURE:NTR)  Announces Up to 82 g/t Gold from Sleeping Giant Zone Rock Sample - 3Ace Project, Yukon


EDMONTON, ALBERTA--(http://www.investorideas.com/ gold and mining stocks blog)  - Sept. 23, 2010) - Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that all results from rock and soil samples collected during the 2010 surface exploration program at the 3Ace Project in the southeast Yukon have been received and that the recently announced drill program is progressing well. Highlights from rock sampling of the quartz vein structures in the Sleeping Giant Zone include:
  82.27 g/t gold from a rock grab sample
  11.34 g/t gold (weighted average) from a 6.0 metre continuous chip sample
  7.55 g/t gold (weighted average) from a 8.6 metre continuous chip sample
  6.78 g/t gold (weighted average) from a 6.0 metre continuous chip sample
"These latest results reinforce our belief that 3Ace is hosting an extensive gold bearing system with high grade gold mineralization in multiple zones." says Greg Hayes, President of Northern Tiger. "Several visible gold occurrences in the Sleeping Giant Zone and an average gold grade of 4.2 g/t from the entire sample set of 87.6 metres of chip samples are very encouraging initial results for a zone of its apparent size. In addition to these encouraging chip sample results our geologists have outlined a large and robust gold-in-soil anomaly dubbed the Green Zone - further confirming our belief that the system is extensive and has potential for further discovery."
Sleeping Giant Zone
A total of 47 chip samples totalling 86.7 metres were collected from quartz vein material in the Sleeping Giant Zone. Individual chip sample assays ranged from 0.01 g/t gold over 2 metres to 43.67 g/t gold over 1.1 metres (sample previously reported). The Sleeping Giant is hosted in a shear zone and consists of a series of overlapping (en echelon) massive quartz vein segments, with individual segments up to 25 metres in width. The mineralized structure trends north-south and has been traced along strike for 300 metres before disappearing under overburden at both ends of the exposed extent. Northern Tiger plans to drill test the Sleeping Giant zone as soon as we complete our initial exploration holes at the Main Zone.
Green Zone
Results have also been returned from soil and rock sampling of the Green Zone. The 2010 soil sampling program focused on the western half of the zone. A total of 474 soil samples were collected, returning values from trace up to 2.58 g/t gold. A total of 91 samples returned values in excess of 100 ppb gold, and have outlined a large soil anomaly measuring approximately 400 metres by 1,000 metres.
A total of 136 grab and chip rock samples were also collected from the Green Zone, and gold values ranged from trace up to 66.52 g/t (from a grab sample) and 3.36 g/t (from a 1.0 metre chip sample). A total of 24 of the Green Zone rock samples returned values in excess of 1.0 g/t gold.
The Green Zone is a mineralized east-west trending structural corridor extending at least two kilometres in strike length. Disseminated and locally banded arsenopyrite occurs within veins and veinlets and in strongly altered and locally brecciated quartz-pebble conglomerate.
Additional 3Ace Results
In addition to the four named zones at the 3Ace Project, other highly anomalous rock or soil samples have highlighted a number of areas for additional exploration work, including gold values of:
  22.89 g/t from a rock grab sample 900 metres south of the Green Zone
  15.54 g/t from a rock grab sample 400 metres south of the Green Zone
  9.46 g/t from a rock grab sample 800 metres south of the Green Zone
  5.89 g/t from a 2.0-metre bedrock chip sample 400 metres southwest of the Green Zone
  9.27 g/t from a soil sample 250 metres northwest of the Main Zone
  2.45 g/t from a soil sample 250 metres southeast of the North Zone
A minimum 1,000 metre drill program (see news release dated September 21, 2010) is progressing well with 2 holes completed and another in progress. Drill core from the Main Zone is being moved to Whitehorse for sawing, sampling and shipping to an assay lab; results will be reported when available.
Sample location maps and a table of the Sleeping Giant continuous chip samples are available at www.northern-tiger.com.
This News Release has been reviewed and approved by Carl Schulze, B.Sc., P.Geol., the Qualified Person as defined by NI 43-101. All rock and drill core samples were analyzed by Inspectorate America Corporation of Richmond, British Columbia using 50 gram fire assay and 50-element, 4-acid ICP analysis. Soil and silt samples were also analyzed by Inspectorate, using 30-gram fire assay analysis. When visible gold is noted in drill core samples or regular fire assay values appear abnormally high, the pulp and screen metallic assay method is used to determine the total gold content and gold contents of different size fractions. This is considered industry best practice when dealing with coarse gold mineralization where a nugget effect is suspected. This determination is accepted as the most representative value and is used in the assay database.
Northern Tiger Resources Inc. is a Canadian-based resource exploration company focused on gold and copper exploration in the Yukon. Through its exploration alliance with Capstone Mining Corp.'s wholly owned subsidiary, Minto Explorations Ltd., Northern Tiger benefits from a wide range of experience, knowledge and capabilities from early exploration to mine production.
This news release may contain forward looking statements, being statements which are not historical facts, including, without limitation, statements regarding potential mineralization, exploration results, resource or reserve estimates, anticipated production or results, sales, revenues, costs, "best-efforts" financings or discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in Company documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Northern Tiger Resources Inc.
Greg Hayes
President and CEO
info@northern-tiger.com
www.northern-tiger.com

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Copper/Gold Stocks ; Terrane (TSX VENTURE:TRX) Shareholders Approve Transaction With Thompson Creek

Copper/Gold Stocks ; Terrane (TSX VENTURE:TRX) Shareholders Approve Transaction With Thompson Creek


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010 - Robert Pease, President and CEO of Terrane Metals Corp. ("Terrane" or the "Company") (TSX VENTURE:TRX), is pleased to announce that at a special meeting held today, Terrane shareholders approved the previously announced acquisition of Terrane by Thompson Creek Metals Company Inc. ("Thompson Creek") (NYSE:TC and TSX:TCM) pursuant to a plan of arrangement (the "Arrangement"). The special resolution was approved by 99% of the votes cast by securityholders entitled to vote on the resolution. Under the terms of the Arrangement, Terrane shareholders will receive C$0.90 in cash and 0.052 of a Thompson Creek share per Terrane share.


Completion of the Arrangement is subject to customary regulatory consents and other approvals and final approval of the Supreme Court of British Columbia. A court hearing is scheduled for September 24, 2010, with the completion of the Arrangement expected to occur in early October 2010.
Further details regarding the Arrangement are set out in Terrane's Notice of Special Meeting and Management Information Circular dated August 23, 2010, which is available at www.sedar.com.


ABOUT TERRANE METALS CORP.
Terrane Metals Corp. is an exploration and mine development company focused on the development of the Mt. Milligan copper-gold and Berg copper-molybdenum-silver projects in British Columbia, Canada. Goldcorp Inc. (GG: NYSE; G: TSX) owns a 52.4% equity interest in Terrane on a fully diluted basis.
TERRANE METALS CORP.
Robert Pease, P.Geo, FGAC, President and CEO
Cautionary Note Regarding Forward Looking Statements
Except for the statements of historical fact contained herein, the information presented in this News Release constitutes "forward-looking statements" as such term is used in applicable Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. In particular, statements concerning Mineral Resource and Mineral Reserve estimates should be viewed as forward-looking statements to the extent that they involve estimates of the mineralization that will be encountered if the property is developed. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements, including but not limited to, those with respect to the price of metals, the ability of the closing conditions to the closing of the Arrangement to be satisfied, the timing of the closing of the Arrangement, the amount of estimated mineralization and of contained metals and the timing of and possible outcome of pending economic evaluations and other factors and events described in this News Release, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities; variations in the underlying assumptions associated with the estimation or realization of Mineral Resources and Mineral Reserves, the conclusions of economic evaluations and possible variations in ore grade or recovery rates; costs and timing of the development of new deposits; availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares; accidents, labour disputes and other risks of the mining industry including without limitation those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this News Release and in any document referred to in this News Release.
Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law.


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

For more information, please contact
Terrane Metals Corp.
Darin Labrenz
(604) 681 9930
www.terranemetals.com



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Gold Canyon (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) Completes $4,000,000 Private Placement

Gold Canyon (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) Completes $4,000,000 Private Placement


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") announces that it has completed its private placement offering of 8,888,889 units (the "Units") at a subscription price of (Cdn)$0.45 per Unit for gross proceeds of (Cdn)$4,000,000. Each Unit is comprised of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant of the Company, each whole warrant exercisable at any time up to 4:30 p.m. (Vancouver time) on September 23, 2012 for one common share at a price of $0.65 per share.
In connection with the offering, the Company has paid a finder fees in cash of $139,125 (5% of the proceeds) and 371,000 (6%) non-transferable share purchase warrants exercisable at a price of $0.45 at any time up to 4:30 p.m. (Vancouver time) on September 23, 2012.
Any securities to be issued will be subject to a hold period of four months and one day, expiring on January 24, 2011 in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws and such other further restrictions as may apply under foreign securities laws.
The proceeds of this offering will be used for additional work on Gold Canyon's Springpole Gold Project in the Red Lake Mining District of Ontario, Canada and for general corporate purposes.
About Gold Canyon Resources Inc.:
Gold Canyon is engaged in the acquisition and exploration of mineral and precious metals properties. The Company controls a 100% interest in the Springpole Gold - Horseshoe Island Gold, Platinum, Palladium Project and Favourable Lake Poly-metallic property currently under option to Shoreham Resources Inc. pursuant to an option and joint venture agreement entered into in December 2005 - all in the Red Lake Mining District of Ontario, Canada.
Through its wholly owned U.S. subsidiary, Gold Canyon Resources USA Inc., the Company controls a 100% interest in the Cordero Gallium Project situated in Humboldt County, Nevada, U.S.A.
Gold Canyon entered into a Joint Exploration Agreement with the Japan Oil, Gas and Metals National Corporation (JOGMEC) in January 2009.
Additional information can be found on the Company's website: www.goldcanyon.ca
Akiko Levinson, President & Director
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities of the Company have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Certain statements contained in this news release using the terms "may", "expects to", "project", "estimate", "plans", and other terms denoting future possibilities, are forward-looking statements in respect to various issues including upcoming events based upon current expectations which involve risks and uncertainties that could cause actual outcomes and results to differ materially. The future conduct of the Company's business and the feasibility of its mineral exploration properties are dependent upon a number of factors and there can be no assurance that the Company will be able to conduct its operations as contemplated and the accuracy of these statements cannot be guaranteed as they are subject to a variety of risks that are beyond our ability to predict or control and which may cause actual results to differ materially from the projections or estimates contained herein. The risks include, but are not limited to, the risks described in the above press release; those risks set out in the company's disclosure documents and its annual, quarterly and current reports; the fact that exploration activities seldom result in the discovery of a commercially viable mineral resource and are also significant amounts of capital to undertake and the other risks associated with start-up mineral exploration operations with insufficient liquidity, and no historical profitability. The Company disclaims any obligation to revise any forward looking statements as a result of information received after the fact or regarding future events.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

For more information, please contact
Gold Canyon Resources Inc.
(604) 682-3234 or Toll Free: 1 (888) 242-3234
(604) 682-0537 (FAX)
info@goldcanyon.ca
or
Gold Canyon Resources Inc.
Leo Karabelas
Investor Relations
(416) 543-3120
leo@frontlineir.com
www.goldcanyon.ca


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TSX Mining News; Dorato (TSX. V:DRI) Receives Highly Positive Lucero Results From Cordillera del Condor, NW Peru

TSX Mining News; Dorato (TSX. V:DRI) Receives Highly Positive Lucero Results From Cordillera del Condor, NW Peru

Surface Trenching Intercepts 41 Metres at 3.1g/t Gold and 0.2% Copper


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010 - Dorato Resources Inc. ("Dorato" or the "Company") (TSX VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5) is pleased to announce that it has received highly anomalous rock sample results from Minera Afrodita's exploration program at the Lucero target, Cordillera del Condor project, Peru. The Lucero discovery zone currently forms a gold and copper mineralized zone that extends for over one kilometre. Significant trench results including 41 metres @ 3.08 g/t gold suggest that the discovery zone has significant bulk tonnage gold potential. Dorato has a right to acquire 100% of Minera Afrodita.
Trench 755201, located within the Lucero gold discovery zone, intercepted 41.4 metres grading 3.1 g/t gold and 0.20% copper with gold grades increasing at depth:. Two pits were excavated to investigate the depth extent of mineralization; grade in Pit V-2 increased with depth from approximately 1.0 g/t gold at surface to just over 6.0 g/t gold at 2.7 metres depth. Rock assay results (from 968 rock samples) range from below detection to 11.17 g/t gold and 2.31% copper.
"We are very excited with these highly positive gold and copper results; the disseminated nature of the mineralization has the potential to form a large, bulk-tonnage gold-copper target at Lucero," stated Keith Henderson, Dorato's President & CEO, "We are beginning to see consistent grade over a very significant area and test pits suggest that the grade could continue or increase with depth."
Trench Sampling Details
Trench 755201 is located in the south-eastern margin of the Lucero discovery zone (Fig. 1). It was excavated in order to evaluate a 9.7 g/t gold-in-soil sample (news release NR10-15). Preserved quartz and hematite veins in Trench 755201 indicate that the exposed rock represents outcrop and has not been reworked by near-surface weathering processes. Composite rock chip samples were collected over intervals ranging between 0.1 to 2.0 metres in length. Highlights from Trench 755201 are shown in Table 1. Gold intercepts are illustrated in Figure 2.
Surface rock sampling and trenching have defined a 1,100-metre by 750-metre northeast-trending mineralized corridor (Fig. 1). Gold and copper mineralization occurs in a hydrothermally altered package of sedimentary and intrusive rocks. Significant gold-copper mineralization is also found in massive magnetite replacement and breccia bodies.
Previous rock sampling results included 10 adjacent rock samples collected over 30 metres of continuous surface sampling that contained grades of up to 11.17 g/t gold and averaged 2.85 g/t gold and 0.37% copper (news release NR09-17). This sampling was completed 350 metres north of Trench 755201 and further illustrates the continuous nature of grades being encountered at surface.
Depth Extent of Mineralization
The depth extent of mineralization will be drill-tested, however excavation of near-surface pits is highly instructive in lieu of such data. Two vertical pits were excavated in Trench 755201 (Fig. 2) to test the depth extent of mineralization. A near-surface vertical profile of gold distribution was obtained by systematically sampling each pit at 10-centimetre intervals. Pit V-1 contains 1.1 metres grading 1.27 g/t gold and 0.51% copper. Pit V-2 contains 2.7 metres grading 3.25 g/t gold and 0.14% copper. Both pits produced increasing intensities of gold mineralization with depth; Grade in pit V-2 increased with depth from approximately 1.0 g/t gold at surface to just over 6.0 g/t gold at 2.7 metres depth.
Table 1. Gold and Copper highlights from Lucero Trench 755201
 FromToLengthAuCu
 mmmg/t%
 044.344.32.860.22
incl.3.344.3413.080.20
incl.10.818.37.53.990.13
incl.29.335.363.970.09
Ongoing Work
Results are expected soon from extensive soil sampling grids surrounding the core Lucero target. In addition, as part of the airborne geophysical surveys ongoing in the Cordillera, the Lucero target area will be flown at a 50-metre line spacings – this increase in geophysical data density will provide better definition on the size of the coincident EM and magnetic anomalies.
Lucero is a 100% grass-roots discovery and was not previously exposed by any informal mining activity. The Lucero target was originally defined by 200-metre line-spaced magnetic and electromagnetic (EM) geophysical data combined with regional geology and stream sediment geochemistry. The Lucero discovery now forms a gold and copper mineralized zone that extends for over one kilometre. Significant trench results, including 41 metres grading 3.08 g/t gold, suggest that the discovery zone has significant bulk tonnage gold potential.
To view the maps accompanying this press release please visit the following link: http://media3.marketwire.com/docs/doratofigs1-3.pdf
Cordillera Del Condor Background
The Cordillera Del Condor has been one of the most important gold-bearing areas in Ecuador and Peru since pre-Incan times. On the Ecuador side of the border, historical high-grade, small scale gold production is reported to have exceeded 100,000 oz per year.
Modern exploration on the Ecuadorian side of the border has resulted in the discovery of multiple, significant and world-class gold and base metal-bearing districts, such as Kinross Gold Corp's Fruta del Norte Gold deposit with an inferred resource of 13.6 million contained ounces of gold averaging 7.23 g/t gold), the Mirador Copper-Gold porphyry deposit (recently sold by Corriente Resources Inc.) with measured & indicated resources of 438 million tonnes at 0.61% copper, 0.19 g/t gold plus inferred resources 235 million tonnes at 0.52% copper, 0.17 g/t gold, and the Mirador Norte Copper-Gold porphyry deposit (indicated 171 million tonnes at 0.51% copper, 0.09 g/t gold; inferred 46 million tonnes at 0.51% copper, 0.07 g/t gold), and Dynasty Metals & Mining Inc's Jerusalem Gold deposit in the Chinapintza district with measured & indicated resources of 0.58 million contained ounces gold at 12.4 g/t gold plus an additional 0.71 million ounces inferred contained ounces averaging 11.5 g/t gold). The technical information with respect to the above deposits was obtained through the respective companies' public disclosure documents available on SEDAR.
Qualified Person
EurGeol Keith J. Henderson, P.Geo. Dorato's President and CEO and a qualified person as defined by National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release. Mr. Henderson is not independent of the Company as he is an officer and a shareholder.
The geochemical results were reviewed by Tansy O'Connor-Parsons, Senior Geochemist. Minera Afrodita on-site personnel rigorously collect and track samples which are then security sealed and shipped to ACME Laboratories, Lima, Peru for assay. ACME's quality system complies with the requirements for the international standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards. Blind certified reference material is inserted at regular intervals into the sample sequence by field personnel in order to independently assess analytical accuracy. In addition, representative blind duplicate samples are routinely forwarded to ACME and an ISO-compliant third party laboratory for additional quality control.
About Dorato Resources Inc.
Dorato Resources Inc. is mineral exploration company focused on the highly prospective Cordillera del Condor Gold District in northern Peru and adjacent to the border with Ecuador – one of the most important gold-bearing districts in the region since pre-Incan times. Dorato, through a series of option agreements has the right to wholly acquire an extensive land package of approximately 1,050-square-kilometres – providing the Company with the largest land position in the Cordillera del Condor and a highly strategic position in this emergent gold district. Dorato is well funded and possesses experienced management with a proven track record.
On behalf of the board of directors of DORATO RESOURCES INC.
Keith J. Henderson, President and CEO
Cautionary Statement
This press release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward looking information" within the meaning of the British Columbia Securities Act and the Alberta Securities Act. Generally, the words "expect", "intend", "estimate", "will" and similar expressions identify forward-looking information. 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 information. Statements in this press release regarding Dorato's business or proposed business, which are not historical facts are forward-looking information that involve risks and uncertainties, such as estimates and statements that describe Dorato's future plans, objectives or goals, including words to the effect that Dorato or management expects a stated condition or result to occur. Since forward-looking statements address 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. All of the Company's Canadian public disclosure filings may be accessed via http://www.sedar.com/ and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties. The foregoing commentary is based on the beliefs, expectations and opinions of management on the date the statements are made. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Dorato Resources Inc.
Steve Stakiw
Manager - Corporate Communications
604-638-5817
or
Dorato Resources Inc.
Michael Pound
Manager - Investor Relations
604-638-5817
604-408-7499 (FAX)
info@doratoresources.com
http://www.doratoresources.com/


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 and  http://www.miningsectorstocks.com/  to get stock news, directories and showcase mining stocks to follow. Gold and mining investors can research stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges. The investorideas.com mining stock directory lists over 1100 publicly traded mining stocks for investors. Preview the directory here : http://www.investorideas.com/Gold_Stocks/Stocks_List.asp

Mining Stocks; Salazar Resources (TSX V:SRL)(FRANKFURT:CCG) Appoints Mr. James Mayor Senior Geological Consultant

Mining Stocks; Salazar Resources (TSX.V:SRL)(FRANKFURT:CCG) Appoints Mr. James Mayor Senior Geological Consultant


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog ) - Sept. 23, 2010)- Salazar Resources Limited (TSX VENTURE:SRL)(FRANKFURT:CCG) - Mr. Fredy Salazar is pleased to announce that Mr. James Mayor, who has been on our Advisory Board since 2007, has accepted appointment as Senior Geological Consultant and special advisor to the President.


Mr. James Mayor is a Graduate of the Royal School of Mines, University of London, England, and has over 40 years experience in senior positions in the mining industry, 37 years of which were spent with Newmont. Mr. Mayor's technical experience includes mine geology, project development and generative exploration in VMS, Orogenic Gold, Porphyry Copper and Epithermal Systems. Mr. Mayor's extensive experience with Newmont includes the position of Exploration Manager for Ecuador from 1996 - 2001 and Exploration Manager with the team that discovered the Herradura Mine, Sonora Mexico, from 1986 - 1992.
Said Mr. Mayor, "I have been following the Salazar Resources story with much interest and anticipation. Recently at the request of Mr. Salazar I visited the Company's Curipamba Project in Ecuador. This project is transitioning from exploration through to development and I was asked to provide some comments and insights into the ongoing work programs. The technical teams working on the Company's projects are very professional and methodical in their work and I was very much impressed with the quality of work that is being done. The Curipamba Project is one of the better VMS opportunities I have seen in recent years and while there is much work to be done, this is a real project and the opportunity is substantial. I am extremely pleased to be working more closely with Salazar Resources on such a high caliber property."
Said Mr. Salazar, "We, at Salazar Resources, are very pleased that Mr. Mayor has agreed to expand his services to the Company and we appreciate his assistance and guidance."
ON BEHALF OF THE BOARD OF SALAZAR RESOURCES LIMITED
Fredy Salazar, President & CEO
Salazar Resources Limited
Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL) mineral resource company engaged in the exploration and development of new highly prospective areas of Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador, including Aurelian's Fruta del Norte discovery, IAMGold's Quimsacocha Deposit, Mozo Deposit, Ex Newmont's Cangrejos Project and International Minerals Rio Blanco and Gaby Deposit. Being an Ecuadorian based company gives us a strategic advantage enabling us to complete exploration at a rapid pace, with over sixty personnel on the ground, including twelve geologists. With an excellent property portfolio (4 projects - 131,300 hectares), good geopolitical positioning and a number of strategic corporate and financial partnerships, Salazar has positioned itself to be a strategic player in Ecuador.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Salazar Resources Limited
Fredy Salazar
President & CEO
593.22278975
fsalazar@salazarresources.com


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Metanor Resources (TSX VENTURE:MTO): Drilling Campaign of 25,000 Meters to Continue to Grow the Resource at Barry

Metanor Resources (TSX VENTURE:MTO): Drilling Campaign of 25,000 Meters to Continue to Grow the Resource at Barry


VAL-D'OR, QUEBEC--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) and its exploration team are pleased to announce a drilling campaign of 25,000 meters on the Barry property.

The purpose of this drill campaign is to increase the known resource considerably. Operating and extracting ore from the Barry pit and the past drill campaign have enabled Metanor to have a very good comprehension of the geological structure and the continuity of the gold bearing zones. Moreover, strong intensity anomalies other than those of the Barry pit, where resources of several million tonnes were recently announced (Press Release dated September 21,2010), were discovered east and west of the pit by an induced polarization (IP) survey executed by Abitibi Geophysique of Val d'Or in 2009.(Press Release dated February 24, 2010)
New Resources calculated on approximately only 3% of the entire Barry property:
Indicated Resources2007**2010% Increase
 Tonnes385,0007,701,0001,900%
 Ounces Au52,300 (4.23g/t)309,500 (1.25g/t)491%
Inferred Resources   
 Tonnes966,00010,411,000977%
 Ounces Au126,600 (4.07g/t)471,950 (1.41g/t)272%
    
** announced by Press Release May 8, 2007   
These indices demonstrate the potential to rapidly increase the resources at Barry.
The present gold corridor (pit) is nearly 1 km long with a width of approximately 140 m and up to depths ranging from 75m to 125m. The Barry pit is still open in all directions.
This drilling campaign will target these strong anomalies to the East and West with the goal of extending the gold zone more than 5 km. Further, Metanor would drill around the present 1 km corridor (pit) and also below 125 m.
Metanor and all its team have great confidence in the future of the Barry property and its potential in becoming a major deposit in the Quebec mining industry.
Mr. André Tremblay, P Eng. is the qualified person pursuant to National Instrument 43-101 and supervised the technical information presented in the news release.
Shares issued: 133 595 947


The TSX Venture Exchange neither their regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) does not accept responsibility for the adequacy or accuracy of this release.

For more information, please contact
Metanor Resources Inc.
Ronald Perry
Vice-President
514-262-8286
rperry@metanor.ca


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Coal Stocks; Forbes & Manhattan Coal Corp. Announces Update on Agnew Lake Properties

Coal Stocks; Forbes & Manhattan Coal Corp. Announces Update on Agnew Lake Properties


TORONTO, ONTARIO--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010 - Forbes & Manhattan Coal Corp. (formerly Nyah Resources Corp.) (TSX VENTURE:NRU) (the "Corporation") announces an update with respect to its previously held Agnew Lake properties located in the Hyman and Porter Townships in Sudbury, Ontario.


The Agnew Lake project consists of two separate exploration properties comprised of the Agnew Lake North Uranium property (the "Agnew Lake North Uranium Property"), which is the most advanced of the two claim blocks, and the Agnew Lake South property (the "Agnew Lake South Property"). The Agnew Lake North Uranium Property consists of seven unpatented mining claims (covering 1,032 ha, or 2,550 acres) located approximately 75 kilometres by road west of Sudbury, Ontario, in Hyman and Porter Townships. These claims encompass the past producing Agnew Lake Uranium Mine which was operated by Kerr Addison Mines Ltd. between 1977 and early 1983 producing approximately 1.9 million pounds of uranium. Three of the claims (850 hectares) are subject to a Federal license under the Nuclear Safety and Control Act. The Agnew Lake South Property consists of four unpatented mining claims (covering 692 hectares, or 1710 acres) located in Hyman Township of the Elliot Lake-Blind River uranium district, Ontario.
In September 2008, the Corporation announced that it had completed Phase III of the 2008 drill program consisting of 11 holes totaling 3,500 metres of NQ diamond drilling on the Agnew Lake North Uranium Property (See Press Release dated September 18, 2008). At this time, the Corporation also completed an aggregate of 62.3 line kilometres of ground geophysics at the Agnew Lake North Uranium Property and the Agnew Lake South Property. With respect to the Agnew Lake South Property, the Company completed magnetic, VLF-EM and IP surveys. Preliminary data with respect to these surveys indicate an antiformal structure with conglomerate units cropping out on the north limb and coincident high radioactivity that suggests conditions for a deposit similar to that found to the north. A follow up radiometric survey confirms the presence of uranium bearing conglomerates close to surface.
As set out in the Corporation's Management Discuss and Analysis for the financial year ended December 31, 2008 (the "MD&A"), during the year ended 2008, total exploration completed by the Corporation included 9,380 metres of drilling from 31 holes on the Agnew Lake North Uranium Property and exploration expenditures incurred on the properties are set out below.
EXPLORATION EXPENDITURES 2008
 Agnew Lake South Uranium Property $ Agnew Lake North Uranium Property $ Total $ 
Acquisition Costs      
Balance, beginning of year- 3,750,091 3,750,091 
Acquisition and Property Costs25,325 863 73,719 
Property write-off(25,325)(2,754,204)(2,827,060)
Balance, end of year- 996,750 996,750 
       
Exploration Expenditures      
Balance, beginning of year- 946,192 946,192 
 Consulting and labour76,050 134,539 213,339 
 Assaying287 27,637 27,924 
 Drilling- 653,687 653,687 
 Surveys46,586 65,936 112,522 
 Travel and truck rental5,632 24,774 31,118 
 Field expenses and office support4,692 20,091 25,498 
 Amortization- 2,102 2,102 
 133,247 1,874,958 2,012,382 
 Property write-off(133,247)(1,874,958)(2,012,382)
 Balance, end of year- - - 
       
Total Deferred costs, end of year- 996,750 996,750 
       
Upon further review of the results from the Phase III drill program on the Agnew Lake North Uranium Property and the geophysics of both properties, as set out in the MD&A, taking into consideration the global collapse of the equity markets and the corresponding falling price of uranium at such time, the Corporation determined such results did not warrant further exploration work to be conducted with respect to the Agnew Lake North Uranium Property and decided not to proceed with any recommended work on the Agnew Lake South Property.
In February, 2009 the Corporation announced that it had entered into a letter agreement with Russo-Forest Corporation ("Russo-Forest") (See Press Release dated February 2, 2009) to acquire all of the issued and outstanding common shares of Russo-Forest (the "Change of Business Transaction"). In accordance with the proposed terms of the Change of Business Transaction, the Corporation entered into an agreement with Pitchblack Resources Ltd. ("Pitchblack") (formerly Cash Minerals Ltd.) whereby Pitchblack agreed to acquire the Agnew Lake properties in consideration for an aggregate of 15,000,000 common shares of Pitchblack and 7,500,000 share purchase warrants of Pitchblack. On December 18, 2009, the Corporation announced that it had decided not to proceed with the Change of Business Transaction which included the proposed sale of the Agnew Lake properties to Pitchblack.
On July 7, 2010 the Corporation announced that it had entered into a letter agreement with Forbes & Manhattan (Coal) Inc. ("Forbes Coal") to acquire all of the issued and outstanding common shares of Forbes Coal. On September 20, 2010 the Corporation announced that it had completed the business combination with Forbes Coal (the "Business Combination"). In connection with the Business Combination, the Corporation also announced that it had completed the sale of its Agnew Lake properties to Valencia Ventures Inc. ("Valencia") in consideration of a cash payment of $500,000 and two additional payments valued at $500,000 in cash or common shares of Valencia, at the election of Valencia. The sale of the Agnew Lake properties constitutes a non-arm's length transaction for the purposes of the TSX Venture Exchange as Nyah and Valencia have common directors and officers.
Since completion of the Phase III drill program in 2008, as set out in the MD&A, the Corporation has not conducted any additional material exploration work on the Agnew Lake properties. During the month of September 2010, the Corporation performed additional prospecting, mapping and radiation surveys on the Agnew Lake South Property. The cost of such work was approximately $15,000 and was conducted in order to maintain the property in good standing. Samples have been sent to ALS Chemex and results are expected within a month.
David Gower, P. Geo., is a Qualified Person under NI 43-101 and has reviewed and approved the technical and scientific information in this press release.
About the Corporation 
The Corporation holds a 53.5% interest in Slater Coal (Pty) Ltd., a South African Corporation ("Slater Coal") which has a 70% interest in Zinoju Coal (Pty) Ltd. ("Zinoju"). Zinoju holds a 100% interest in certain coal mines in South Africa (the "Slater Coal Properties"). The Slater Coal Properties comprise the operating Magdelena bituminous mine (the "Magdelena Property") and the Aviemore anthracite mine (the "Aviemore Property") and have a substantial resource base of bituminous and anthracite coal. The Slater Coal Properties are located in the Klipriver coalfield, near Dundee, in the KwaZulu Natal Province of South Africa and can be accessed via the N3, N11 Ladysmith and R102 Dundee tarred national highways that run between Johannesburg and Durban, South Africa.
Cautionary Note Regarding Forward-Looking Information This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the future financial or operating performance of the Corporation and its projects, statements regarding the prospects for the business of the Corporation, statements regarding synergies and financial impact of the proposed transaction, the terms and conditions of the transaction, the benefits of the proposed transaction, the costs of and capital for harvesting projects, harvesting expenditures, timing of future acquisitions of additional properties and applicable licences, requirements for additional capital, government regulation of the mineral exploration industry, environmental risks, acquisition of mining licences, title disputes or claims, limitations of insurance coverage and the timing and possible outcome of pending litigation and regulatory matters. 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 the Corporation to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, foreign operations, political and social uncertainties; a history of operating losses; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral products; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the Corporation 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 information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Corporation does not undertake to update any forward-looking information, except in accordance with applicable securities laws.


NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.



For more information, please contact
Forbes & Manhattan Coal Corp.
Stephan Theron
President and Chief Executive Officer
(416) 861-5912
stheron@forbescoal.com


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Columbus Gold (TSX VENTURE:CGT) Options Four Nevada Gold Projects to Navaho Gold; Drilling Planned at Stevens Basin

Columbus Gold (TSX VENTURE:CGT) Options Four Nevada Gold Projects to Navaho Gold; Drilling Planned at Stevens Basin


VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 23, 2010 - Columbus Gold Corporation (TSX VENTURE:CGT) ("Columbus Gold" or the "Company") is pleased to announce that it has entered into joint venture agreements with Navaho Gold PTY Ltd., of Australia ("Navaho") whereby Navaho can earn into four of Columbus Gold's Nevada gold projects: Whitehorse Flats, Stevens Basin, Utah Clipper and Crestview.


Stevens Basin is located on the Battle Mountain Gold Trend approximately 16 km (10 miles) west-southwest of Eureka and about 10 km (6 miles) west of Barrick Gold's Archimedes open pit gold mine. The Utah Clipper and Crestview properties are located directly adjacent to Barrick Gold's Pipeline-Gold Acres gold mine complex, in the Cortez-Pipeline sector of the Battle Mountain Gold Trend. White Horse Flats is located 43 km (27 miles) south of Wendover. The property is 13 km (8 miles) east of the Kinsley Mine, which produced approximately 400,000 ounces of gold from a Carlin-type deposit mined by Cominco in the mid-1980's. Subject to net smelter returns royalties, Columbus Gold controls a 100% interest in the projects.
Pursuant to the terms of the Stevens Basin Agreement, Navaho can earn an initial 51% interest in Stevens Basin by: i) incurring $3 million in exploration expenditures over 3 years, of which $250,000 must be incurred in 2010 (weather permitting); ii) paying $20,000 in cash to Columbus Gold by December 24, 2010; and, iii) paying $60,000 in common shares of Navaho to Columbus Gold over 3 years.
Pursuant to the terms of the Whitehorse Flats Agreement, Navaho can earn an initial 51% interest in Whitehorse Flats by: i) incurring $3 million in exploration expenditures over 5 years; ii) paying $20,000 in cash to Columbus Gold by December 24, 2010; and, iii) paying $160,000 in common shares of Navaho to Columbus Gold over 5 years.
Navaho can earn an initial 51% interest in both Utah Clipper and Crestview by: i) incurring $3 million in exploration expenditures over 5 years; ii) paying $20,000 in cash to Columbus Gold by December 24, 2010; and, iii) paying $160,000 in common shares of Navaho to Columbus Gold over 5 years.
Pursuant to the agreements, once Navaho has earned an initial 51% interest, it can elect to earn an additional 19% interest for a cumulative 70% interest, by completing a bankable feasibility study or by making an additional $10 million in expenditures, within a four year period.
Stevens Basin
The claim block covers a 9 m by 30 m (30 ft by 100 ft) jasperoid (silicified limestone), which occurs at the base of a small hill of Devonian limestone, at the break in slope where bedrock passes under the gravel cover of Stevens Basin. Twelve samples of the jasperoid run from 1 to 2 g/t (0.029 to 0.058 opt) gold. Stevens Basin is an unusual semi-circular gravel basin surrounded by hills of Paleozoic sedimentary rocks, and is approximately 10-13 sq. km (4-5 sq. miles) in diameter. Columbus Gold's property is along the north margin of the basin. Mapping to date indicates the outcrop areas are mostly Devonian limestone, with areas of altered and mineralized intrusive and siltstone float.
Columbus Gold has collected 100 grid geochemical samples in the covered areas adjoining the limestone hills or hill. Sampling was of the coarser chips screened from fine soil in areas of no outcrop. The sampling yielded a gold anomaly (all samples greater than 100 ppb, with a high of 2,505 ppb and numerous samples exceeding 500 ppb) that arcs around the base of the hill for about 760 m (2,500 ft) in total length and 30-90 m (100-300 ft) in width. The gold anomaly coincides with significant anomalies of arsenic (from 100 to 1450 ppm), antimony (from 50 to 725 ppm), and mercury (from 1 to 70 ppm). The anomalous zone is still open in several areas. More sampling is necessary to define the overall shape and size of the anomaly, but drilling is clearly warranted by the results to date. A ground gravity survey will commence in late September and along with information derived from recently acquired airmag data, it will be used to optimize drill sites. Weather permitting, drilling by Navaho is planned to commence in November.
Utah Clipper and Crestview
Both properties are located directly adjacent to Barrick Gold's multi-million ounce Pipeline-Gold Acres gold mine complex, in the Cortez-Pipeline sector of the prolific Battle Mountain Gold Trend, Nevada. The Cortez-Pipeline sector has past production plus reserves totaling approximately 26 million ounces of gold.
The principal geologic targets at Utah Clipper and Crestview, classical "Carlin" or "Pipeline" style bulk mineable, disseminated gold deposits or high grade, structurally controlled vein deposits in "lower plate" carbonates, have not been adequately tested by past work.
Historic production at Utah Clipper includes silver and base metals from the Boss Mine and silver production from the Utah Camp and Clipper mines. Past work includes limited exploration by Newmont, Goldfields, Noranda/Hemlo and Uranerz/Cameco in the late-1980's to mid-1990's and by Agnico-Eagle and Barrick Gold during the last decade. Past work at Crestview includes limited drilling by Newmont in 1987, ASARCO in 1994 and more recently by Agnico-Eagle and Barrick Gold. The drill holes collared in the upper plate of the Roberts Mountains thrust fault and penetrated metamorphosed lower plate limestones and limy siltstones at depths of 122 to 152 m (400 to 500 ft). The lower plate rocks were altered in several holes, and contained anomalous gold.
White Horse Flats
White Horse Flats covers three small hills and the surrounding pediment to the east. Exposures on the three hills are limestones and siltstones of Permian age, overlain by a cap of silicification. The silicification forms a discontinuous north to south belt approximately 2,130 meters long and up to 150 meters wide (7,000 ft long and up to 500 ft wide). Silicification varies from weak to strong with common liesegang banding and is almost everywhere anomalous in gold (from 30 to 1,817 ppb gold), associated with anomalous arsenic, antimony, and mercury. The altered section is thought to dip east under shallow gravel cover and the property is positioned to cover this target. The mineralization is Carlin-type.
Detailed surface sampling by Columbus Gold delineated a significant area approximately 165 m long and 60 m wide (550 ft long and 200 ft wide) yielding 16 samples ranging from 0.32 to 1.82 g/t (0.01 to 0.05 opt) gold. The zone which is covered with alluvium on its north and east sides presents an excellent target for drilling.
Andy Wallace is a Certified Professional Geologist (CPG) with the American Institute of Professional Geologists and is the Qualified Person under NI 43-101 who has reviewed and approved the technical contents of this news release. Mr. Wallace is a VP of Columbus Gold's wholly-owned US operating subsidiary, Columbus Gold (U.S.) Corporation and is the principal of Cordilleran Exploration Company ("Cordex"), which is conducting exploration and project generation activities for Columbus Gold on an exclusive basis.
ABOUT COLUMBUS GOLD
Columbus Gold Corporation is a gold exploration and development company operating principally in Nevada. The Company has an experienced management group with a strong background in all aspects of the acquisition, exploration, development and financing of precious metal mining projects. Columbus Gold controls a 100% interest, subject to royalties, in 22 gold projects strategically located along or near Nevada's most productive gold trends. The Company also holds a significant equity interest in Columbus Silver Corporation, an exploration company with a growing portfolio of silver projects in the Western United States.
Columbus Gold's and Columbus Silver's project activities are managed on an exclusive basis by Cordex, which has a long and successful history of gold discovery and mine development in the United States. Columbus Gold maintains active generative (prospecting) and evaluation programs and, as a key element of strategy, broadens exposure, minimizes risk and maintains focus on high priority prospects while seeking industry finance through joint ventures on selected projects. The Company currently has 12 of its projects joint ventured to major and junior mining companies, including Agnico-Eagle Mines.
ABOUT NAVAHO
Navaho Gold Pty Ltd is a subsidiary of ASX listed D'Aguilar Gold Limited (ASX:DGR). The company is clearly focused on the exploration and development of "Carlin" style gold mineralisation. Navaho has identified three areas in Queensland, Australia as highly prospective and holds six (6) granted and twenty (20) applications for exploration permits covering more than 7,000 km2 (2,700 mile2) in the Georgetown, northern Bowen Basin and Texas areas. Navaho is also currently assembling a highly prospective gold portfolio within the 200m oz Carlin/Battle Mountain-Eureka trends in Nevada, USA. The company has recently completed a seed capital raising and commenced preparation of a prospectus ahead of a proposed IPO and ASX listing in early 2011.
The Board and Management of Navaho are all highly experienced resource industry professionals with a demonstrated track record in the discovery, project development and financing of precious and base metal projects.
ON BEHALF OF THE BOARD,
Robert F. Giustra, President & CEO, Director
This release contains forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"), respecting bond placement, and drilling, and the Company's general exploration plans. Forward-looking statements involve risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by the forward-looking statements, including without limitation the ability to acquire necessary permits and other authorizations; ability to obtain funding sufficient for bond placement; environmental compliance; cost increases; availability of qualified workers and drill equipment; competition for mining properties; risks associated with exploration projects, mineral reserve and resource estimates (including the risk of assumption and methodology errors); dependence on third parties for services; non-performance by contractual counterparties; title risks; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about: general business and economic conditions; the timing and receipt of required approvals; availability of financing; power prices; ability to procure equipment and supplies including without limitation drill rigs; and ongoing relations with employees, partners and joint venturers. The foregoing list is not exhaustive and we undertake no obligation to update any of the foregoing except as required by law.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact
Columbus Gold Corporation
Ray Lagace
Investor Relations
604-638-3474 or 1-888-818-1364
info@columbusgoldcorp.com
www.columbusgoldcorp.com

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