Gold Stocks; Plato Gold and Globex Mining Announce Amendment to Option Agreement on Val d'Or Property

TORONTO, ONTARIO--(http://www.investorideas.com/ mining and gold stocks blog )   - Sept. 28, 2010) -
NOT FOR DISTRIBUTION IN THE UNITED STATES.

Plato Gold Corp. (TSX VENTURE:PGC) ("Plato" or the "Company"), an exploration company with a portfolio of properties in significant gold mining camps in Northern Ontario, Northern Quebec, and Santa Cruz, Argentina, is pleased to announce an amendment of the original August 8, 2006 Option Agreement (the "Option Agreement") with Globex Mining Enterprises Inc.("Globex") (TSX: GMX) on the Nordeau Bateman properties in Val d'Or, Quebec.


The Option Agreement has been amended to allow funding and completion of exploration expenditures due December 30, 2010 to April 30, 2011. All other conditions of the original Option Agreement and subsequent Amendments remain the same. This extension is subject to approval by the TSX Venture Exchange.

"With gold passing through $1,300 per oz, these are exciting times for the gold sector," said Anthony Cohen, President and CEO. "Our Nordeau West site which reported on March 12, 2009 a NI 43-101 compliant resource (see details below) is well located in an area with strong mining infrastructure. We intend to continue our work in the area with further drilling in the months ahead."
"Plato is concurrently working on two other active gold projects in Timmins, Ontario and in Santa Cruz, Argentina. The success of neighbouring projects in Timmins and in Argentina makes Plato an attractive and well positioned exploration company," said Cohen.
For full details, please visit us at www.platogold.com.

About Plato Gold Corp.

Plato Gold Corp. is a Canadian junior gold exploration company listed on the TSX Venture Exchange with exploration projects in Northern Ontario, Northern Quebec and the Lolita Property in the province of Santa Cruz, Argentina.
The Northern Ontario project includes 5 properties: Guibord, Harker, Harker-Garrison, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario.
The Northern Quebec project includes 6 properties: Nordeau Bateman, Vauquelin, Vauquelin Pershing, Vauquelin Horseshoe, Pershing Denain, and Hop O'My Thumb. All 6 properties are located near Val d'Or, Quebec.
Plato is in the advanced exploration stage on the Nordeau West site with a NI 43-101 compliant gold resource reported on March 12, 2009. Highlights of the Nordeau West mineral resource update include:
indicated resources of 30,212 oz Au on average grade of 4.17 g/t and 225,342 tonnes; and
inferred resources of 146,315 oz Au on average grade of 4.09 g/t and 1,112,321 tonnes.
In Argentina, the Lolita Property is comprised of 3 contiguous concessions and initial work has been started on this property. For additional company information, please visit: www.platogold.com.


Forward Looking Statements
This news release contains "forward-looking statements", within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding the,potential mineralization and resources, exploration results, and future plans and objectives. Generally, these forward-looking statements 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 statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, use of proceeds, level of activity, performance or achievements of Plato to be materially different from those expressed or implied by such forward-looking statements, including but not limited to risks related to: risks related to exploration; actual resource viability, and other risks of the mining industry . Although management of Plato has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause 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. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

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
Plato Gold Corp.
Anthony Cohen
President and CEO
416-968-0608
416-968-3339 (FAX)
info@platogold.com
www.platogold.com

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Copper Stocks; Toro Resources Corp (CNSX:TRK) : Positive Independent Consultant Report for the Morgan Peak Copper Project

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 28, 2010) - Toro Resources Corp. (CNSX:TRK) (the "Company") is pleased to announce completion of initial mapping and an aerial survey at its Morgan Peak Copper Project. The project is located within the World Class Globe-Miami Mining District in central Arizona, close to major copper mines, such as the recently opened Carlota (Quadra/FNX), and major new discoveries such as Resolution (Rio Tinto/BHP Billiton).
The Company implemented an evaluation and mapping program by Dr. Warren Pratt. Dr. Pratt examined Morgan Peak over a 10-day period in July. In his executive summary, Dr. Pratt confirms the presence of significant copper mineralization across an area of roughly 3 km x 0.8 km. He also emphasizes potential for other mineralized zones in previously ignored areas and considers many of the targets as "virtually drill ready". Dr. Pratt's discovery of the Birthday Zone, an untested target with great promise, highlights the need for detailed mapping of the entire project. His work provides an excellent starting point for remapping.
"We are excited by the positive report from Dr. Pratt and the new targets he has generated," said Bill Galine, president of Toro Resources. "We are fortunate that Dr. Pratt could assess the property. As well as confirming known copper mineralization, probably leachable, in the West part of the area, he agrees that the Morgan Peak project has significant exploration potential. His new drill targets reinforce our view that additional mineralization will be found elsewhere on the large claim block."
Geologic mapping, sampling and drilling are scheduled for later in the year, depending on permitting. A recent aerial survey over approximately 1550 hectares at Morgan Peak will produce air photos, a topographic map with 1 m contours, and an orthophoto map of the claim at a scale of 1:1000. All will be used for detailed geologic mapping in the near future. A field survey program will provide detailed surface information including sampling, outcrop and contact locations, as well as accurate historic drill hole locations with elevations.
Toro's disclosure of a technical or scientific nature in this press release has been reviewed and approved by Bernie Stannus P.Eng, Toro's vice-president of exploration, who serves as a qualified person under the definition of National Instrument 43-101. Toro Resources recently launched its website which includes the company's new corporate presentation and fact sheet. Please visit www.tororesources.com. Toro Resources Corp. (CNSX:TRK) is a publicly held Canadian exploration company focused on acquiring, exploring and developing mineral properties located in favourable geo-political areas. The Company is led by a highly skilled and experienced board and has a management team that has had significant success in managing early stage mineral exploration companies.
ON BEHALF OF THE BOARD:
(signed) "William Galine"President & Director
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, uncertainties of resource and reserve estimations, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. Fluctuations in metals prices, availability of financing, and general business conditions are all factors that could cause actual results to vary materially from forward-looking statements.
Issued Share Capital:  17,898,636

The Canadian National Stock Exchange has neither approved nor disapproved the contents of this press release.

For more information, please contact
Toro Resources Corp.
William Galine
President and Director
(604) 662-5383
(604) 662-3904 (FAX)
bgaline@tororesources.com
www.tororesources.com

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Silver Stocks; Wildcat Updates Preliminary Economic Assessment on Hardshell; 6 Million Ounces Per Year Silver Production, NPV of $357 Million; Announces $5 Million Private Placement

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 28, 2010) - Wildcat Silver Corporation (TSX VENTURE:WS) ("Wildcat" or "the Company") is pleased to announce the results of an updated scoping study on its 80%-owned Hardshell project in Santa Cruz County, Arizona. The Company also announces it has negotiated a private placement to raise up to $5 million to fund the continued development of the project.
The updated preliminary economic assessment (PEA) demonstrates a net present value of US$357 million (7.5%), with an internal rate of return of 19% on an after-tax basis. Silver production is expected to average approximately 6 million ounces for the first five years, with cash costs for producing silver estimated to be negative $0.40 per ounce for the first five years, net of by-products and taxes. The initial capital cost is estimated to be US$337 million, and will include an open pit and underground operation lasting 18 years. The PEA assumed metal prices of $16.78 per ounce silver, $8.13 per dry metric ton (DMTU) manganese or $0.41 per pound contained manganese, $0.91 per pound zinc, and $3.07 per pound copper.
"The Hardshell project continues to demonstrate robust economics, low risk and a very low cost silver production capacity in a mining friendly location," says Chris Jones, President and CEO of Wildcat Silver Corporation. "This, coupled with the potential benefits for southern Arizona in terms of jobs and tax proceeds, makes Hardshell a great project. Further, the $5 million private placement will fund the significant exploration program we have planned."
Financial Highlights

The Cases:
Price Scenario	60/40 Prices (Base Case)	Recent Prices
NPV @ 7.5%	$357M	$423M
IRR	19%	21%
Silver Price $/oz	16.78	18.42
Manganese Price $/lb	0.41	0.42
Zinc Price $/lb	0.91	0.95
Copper Price $/lb	3.07	3.33

M3 Engineering and Technology ("M3") of Tucson, Arizona prepared the PEA and NI 43-101 technical reports, which will be filed on SEDAR within 45 days. The M3 study concludes that the project has potential to be feasible and should progress to pre-feasibility engineering, and that there are further opportunities to improve and optimize the project's economics.
M3 used 60/40 base pricing for NI 43-101 reporting purposes, reflecting 60% historical and 40% forward market prices. This represents our base case pricing. A forward market is not available for manganese, thus the long term price is estimated to be $8.13 per DMTU, or $0.41 per pound contained manganese. The three-year trailing average for manganese is $9.53 per DMTU, or $0.43 per pound contained manganese.
Recent pricing represents recent cash prices as reported by the London Metals Exchange, or in the case of manganese, in Ryan's Notes during August 2010.
Mineral Resource Estimate
The mineral resource at Hardshell has been previously reported in the April 20, 2010 press release, and is included here for reference:

Mineral Resource Estimate ($55/ton cutoff)
Indicated Oxide	Tonnes (000s)	Silver (g/t)	Manganese (%)	Zinc (%)	Copper (%)
	6,004	187.8	6.83	1.03	0.10
Inferred Oxide	Tonnes (000s)	Silver (g/t)	Manganese (%)	Zinc (%)	Copper (%)
	39,268	61.0	7.66	1.55	0.06
Inferred Sulfide	6,999	35.0	5.77	2.25	0.10

Production Estimate
The mining process at Hardshell will initially be an open pit, with underground operations beginning four years after start-up. Current plans call for producing 3,630 tonnes of ore per day. The processing facility will use an SO2 leach followed by copper precipitation, zinc SXEW, as well as manganese and silver recovery circuits. The Hardshell project is expected to produce, over its 18 year life, an annual average of:

• 4.1 million ounces of silver
• 233,000 tonnes of manganese carbonate
• 20,187 tonnes of zinc cathode
• 960 tonnes of copper

Manganese
Manganese is the fourth largest metal market in terms of tonnage after iron, aluminum and copper, with 2008 production totalling 46 million tonnes of ore. Manganese has numerous common applications and plays a vital role in the smelting of iron ore into steel, as well as an alloy for various high-wear and other steels. U.S. Domestic demand for manganese is 4 million tonnes per year.
The Hardshell project is expected to produce an average of 233,000 tonnes of manganese carbonate per year. Prices for manganese ores have averaged over $9.50 per dry metric tonne unit (three year trailing average), or approximately $0.43 per pound manganese, so there is considerable additional value to be realized. The Company has also been in recent discussions with various parties as potential purchasers for the metal. However, Wildcat intends to retain its interest in manganese as it believes considerable upside remains.
Private Placement
Wildcat also announces it has arranged for a non-brokered private placement of up to ten million units at a price of $0.50 per unit, for gross proceeds of up to $5 million. Each unit is comprised of one common share and one half of one non-transferable share purchase warrant entitling the holder to purchase one common share at a price of $0.75 per common share for a period of one year following the closing of the private placement.
Proceeds from the financing will be used to execute a 12,500 ft (4,000 meter) exploration drilling program designed to explore high value targets around the existing mineral resource. Metallurgical drilling will also be undertaken to provide material for studies designed to reduce forecasted processing costs. Wildcat also plans to operate a pilot plant with this material to further define the metallurgical operating characteristics and provide detailed design inputs for the Hardshell processing plant.
Qualified Person
The PEA and NI 43-101 technical reports were prepared by an integrated team led by M3 Engineering and Technology Corporation ("M3") of Tucson, Arizona as the primary author of the technical report. The technical report was conducted under the overall review of Timothy S. Oliver, P.E. of M3, and independent Qualified Person under the standards set forth under NI 43-101. Timothy S. Oliver has reviewed and confirmed the technical information contained within this press release.
About M3 Engineering and Technology Corporation
M3 Engineering and Technology Corporation is a full service architecture, engineering and construction management firm based in Tucson, Arizona. Since 1986, M3 has provided professional EPCM services to the hard rock mining industry since its founding in 1986. Successful projects include major efforts for Goldcorp, Newmont, Freeport McMoRan and Pan American Silver, among many others. Historically, M3 has provided design for some 7500 projects and is now recognized as an industry leader in feasibility studies and associated 43-101s. For the Hardshell project, Timothy S. Oliver, P.E. is principal author. Mr. Oliver is an environmental engineer with over 30 years of experience with operating mining companies and as a consulting engineer.
About Wildcat
Wildcat is a Canadian mineral exploration company focused on development of the Hardshell project in Santa Cruz County, Arizona. The Hardshell property is held by Arizona Minerals Inc., of which Wildcat is an 80% owner. Wildcat trades on the TSX Venture Exchange under the symbol WS.
FORWARD LOOKING STATEMENTS
The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Wildcat's latest annual report and management discussion and analysis. Wildcat assumes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
CAUTIONARY NOTE CONCERNING INFERRED MINERAL RESOURCES
A preliminary economic assessment is preliminary in nature and includes inferred mineral resources. Inferred mineral resources have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that an inferred mineral resource will have the economic consideration applied that would enable it to be categorized in the mineral reserve category, and there is no certainty that the preliminary assessment will be realized.
On behalf of the Board of Directors:
Richard W. Warke, Chairman

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
Wildcat Silver Corporation
Chris Jones
President & Chief Executive Officer
303 300 6890cjones@wildcatsilver.com
www.wildcatsilver.com

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Maya Gold & Silver (TSX VENTURE:MYA) Welcomes Mackenzie I. Watson to its Advisory Board

MONTREAL, QUEBEC--(http://www.investorideas.com/ gold and mining stocks blog ) - Sept. 28, 2010) - Maya Gold & Silver Inc. ("Maya" or the "Company") (TSX VENTURE:MYA) is pleased to announce that Mr. Mackenzie I. Watson, former director of the Company, has accepted Maya's invitation to become the first appointment to its Advisory Board.


Réjean Gosselin, Maya Chairman said: "We are delighted to have Mr. Watson join the Advisory Board of the Company. His extensive knowledge of the mining business will be a major asset to orientate future developments of the Company".


Mr. Watson has 50 years of exploration experience and has been involved in the discovery of numerous coal, base metals, and gold deposits in Canada. He was awarded Canada's Prospector of the Year Award in 1991 for his participation in the discovery of a number of deposits in Canada, including the Harker Holloway gold mine (Ontario), the Icon Sullivan copper mine (Québec), the Long Lac zinc mine (Ontario), the Ellison gold deposit (Québec) and the Hébecourt copper deposit (Québec). He was also awarded the Québec Prospector of the Year Award in 1992 for his contribution in the discovery of the Pusticamica and Verneuil gold deposits in Québec. Mr. Watson is a past President and an ex-director of Freewest Resources Canada Inc., recently acquired by Cliffs Natural Resources Inc.
In 2010, Mr. Watson was a co-recipient of the Bill Dennis Award for a Canadian discovery for prospecting success by the Prospectors and Developers Association at its annual convention held in Toronto, Ontario.
ABOUT MAYA
Maya Gold & Silver Inc. is a Canadian Mining Company, listed on the TSX Venture, which focuses on the exploration and development of gold and silver deposits. The Company is committed to developing and adding value to its primary property, Amizmiz gold and silver project in Morocco.
Forward-looking statements
Except for statements of historical fact, all statements in this news release, without limitation regarding new project acquisitions future plans and objectives are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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
Maya Gold & Silver Inc.
Guy Goulet
President and Chief Executive Officer
450-435-0700 ext. 204
ggoulet@mayagoldsilver.com
www.mayagoldandsilver.com

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Gold Stocks; West Kirkland Mining (TSX VENTURE:WKM) Commences Drilling at Kirkland Lake

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 27, 2010) - West Kirkland Mining Inc. (TSX VENTURE:WKM) ("West Kirkland" or the "Company") is pleased to announce the start of a planned $1 million dollar drill program in the prolific Kirkland Lake Belt. Drilling by the Company will initially focus on geophysical and geochemical targets and will then follow up on historic drill intercepts.


West Kirkland will be drilling on its properties located along the Larder Lake – Cadillac Break between Kirkland Lake and Matachewan. Historically over 40 million ounces of gold production has taken place in Kirkland Lake just past the east end of the Company's property package. To the west, at the Young Davidson Mine in Matachewan, a decision has been taken to place a new resource of 2.8 million ounces of gold under construction for production.


West Kirkland's Vice President of Exploration, Michael Allen, said, "We're pleased to now be drilling in the prolific Kirkland Lake Belt after weeks of preparation. The number of quality targets on our properties and the potential for discovery should make for an exciting drill program."
West Kirkland's President, R. Michael Jones said, "The recent announcement to begin construction of the Young Davidson mine demonstrates the potential of this district farther west than previously understood. Our land position is in the heart of this belt and we look forward to exploring this very exciting property position. The project follows our successful model of large scale exploration along the exact regional trend of known mines nearby."
Qualified Person, Verification, Quality Control and Assurance
R. Michael Jones, P.Eng is the non-independent qualified person for this news release. He has relevant experience in gold exploration and development in Ontario over the past 25 years.

About West Kirkland Mining
West Kirkland Mining was formed in 2010 and is focused on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions in the Kirkland Lake area of Canada and along the Carlin trend of Nevada – two of North America's Premier Gold camps. The founders and Board of West Kirkland Mining have successful gold discovery, development and mine operations experience in both Ontario and Nevada over the past 40 years.
For further information, please see the Company's website at www.wkmining.com.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature ,quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's Filing Statement dated March 31, 2010 for a more complete discussion of such risk factors and their potential effects, a copy of which may be accessed through the Company's page on SEDAR at www.sedar.com.

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
West Kirkland Mining Inc.
R. Michael Jones
(604) 685-8311
or
West Kirkland Mining Inc.
Michael Allen
(604) 685-8311
(604) 484-4710 (FAX)
info@wkmining.com
www.wkmining.com
or
Sequoia Partners
Don Graham
778-558-4310
don@sequoiapartners.ca
or
Sequoia Partners
James Beesley
778-389-7715
james@sequoiapartners.ca

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Soldi Ventures (TSX VENTURE:SOV) Acquires Significant Land Position in the Rainy River Gold Belt

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ mining and gold stocks blog )  - Sept. 27, 2010) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) has acquired 14,000 contiguous acres (350 units) of prospective gold property in the Rainy River greenstone belt where Rainy River Resources Ltd. and several other Companies have aggressively staked up to Soldi's newly acquired property and beyond the Cameron Lake deposit placing Soldi in a strategically central location. This recent staking follows the northeast southwest trending Rainy River greenstone belt which has the potential of hosting volcanogenic massive sulphide (VMS) deposits in addition to other types of gold deposit models. To view the location of Soldi's latest acquisition please visit the map at the following link:
http://www.soldiventuresinc.com/pdf/map/soldi_ventures_rainy_river.pdf.
This newly acquired gold property is located northwest of Soldi's recently acquired Rainy River Block "A" property which consists of 3 contiguous claims covering a total of 1,120 acres (28 claim units) immediately south of the Rainy River Gold Project in the Kenora Mining District of Western Ontario. Rainy River Resources Ltd. has stated that its resource estimate has increased to 2.37 Moz gold in the indicated category and 2.66 Moz gold in the inferred category after their 2009 drilling program. Bayfield Ventures Corp. has also experienced drilling success in the area with results as high as 35.93 g/t gold over 10.0m within 13.28 g/t gold over 28.0m (Refer to the Bayfield September 7^th 2010 release) among other significant intercepts.
Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.
Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian Exploration Company focused on discovering world class gold deposits in politically safe jurisdictions. In light of the Rainy River gold discovery and others in the area, the Rainy River gold belt will be a high priority for the Company's exploration efforts.
On Behalf of the Board of Soldi Ventures Inc.
Charles Desjardins, President, CEO, CFO, Secretary and Director
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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
Soldi Ventures Inc.
Charles Desjardins
President, CEO, CFO, Secretary and Director
604-683-5445
604-687-9631 (FAX)
info@soldiventuresinc.com
www.soldiventuresinc.com

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Vanstar (TSX VENTURE:VSR) Acquires 2 Gold Properties in Abitibi

LA PRAIRIE, QUEBEC--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 27, 2010) - The management of Vanstar Mining Resources Inc («Vanstar»)(TSX VENTURE:VSR) is pleased to announce the acquisition of 2 gold properties in Abitibi, Quebec.
The Nelligan property comprises 92 cells covering an area of 4,968 hectares and is located near Chapais in Abitibi.
Geological description of the Nelligan project
Nelligan showing
The central part of the property hosts a volcano-sedimentary sequence between 1 to 2 km in length, trending ENE that is associated with the Obatogamau Formation. This mineralization is located near a large EW to ENE deformation corridor within the Guercheville-Fancamp system. The geological and structural environment is favorable to the presence of Archean mesothermal gold mineralization of vein and replacement types. This is the same context as the Joe Mann mine (3.35M t at 9.1g/t), the Phillibert deposit (1.5Mt at 5.4g/t) and the Chevrier deposit (1.8Mt at 5.1g/t).
Historical drilling shows grades of 2.17 g/t Au and 3.5 g/t Au (drill holes 94-13 and 95-01) on respective widths of 4.4 and 10 metres.
Phillibert showing
The Phillibert 1 showing is hosted in an amphibolitized and lightly epidotized gabbro. The gold mineralization is linked to a white to smoky quartz vein with tourmaline, carbonate and is lightly mineralized with pyrite. Gold seems more abundant where the quartz vein contains tourmaline and/or pyrite. The historical data mentions grades of 31.06 g/t Au and 2.54 g/t Ag on 1.22 m, 22.66 g/t on 1 m and another one with 6.0 g/t Au on 1 m in channel sampling. Drill hole 973-02 returned grades of 18.86 g/t Au on 0.60 metre.
Vanstar will own 100 % of this property in exchange of a $4,160 cash payment and the issuing of 225,000 common shares of Vanstar to the sellers of the property. The sellers are keeping a 2% NSR which 1 % can be purchased for $1,000,000.
The Destor property comprises 72 cells covering an area of 3,888 hectares and is located 30 km north of Rouyn-Noranda.
Description of the Destor project
Two blocks of claims composes the Destor project. They are located within the favorable geological environment of the Destor-Porcupine Fault where many gold deposits can be found, notably the former Beattie mine ( Clifton Star- Osisko ), the Fayolle deposit and the Duquesne mine. Many Megatem anomalies can be found on the north block while many metal base and input showings show up on the south block.
Vanstar will own 100 % of this property in exchange of a cash payment of $3,354 and the issuing of 500,000 common shares of Vanstar to the seller of the property. The seller is keeping a 0.5 % NSR.
These new acquisitions are part of Vanstar's strategy to progressively acquire high potential properties in various geological environments within the province of Quebec. A geological compilation will follow the acquisition of these new properties.
This press release was read and approved by Mr. Gilles Laverdière, geologist and Qualified Person as defined in NI 43-101.

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
Vanstar Resources Ltd.
Gilles Laverdiere
CEO
514-830-8236
vanstar@videotron.ca

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Mining Stocks ; Vior  (TSX VENTURE:VIO)  Completes a Private Placement With Aurvista Gold Corporation

QUÉBEC, CANADA--(http://www.investorideas.com/ gold and mining stocks blog ) - Sept. 27, 2010) - SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO)(FRANKFURT:VL5) – Vior is pleased to announce completion of a private placement totalling $432,000 with Aurvista Gold Corporation ("Aurvista"), Vior's partner on the Douay property. The private placement was completed by issuing 5,400,000 common shares of Vior at a price of $0.08 per share and 4,320,000 share purchase warrants entitling Aurvista to purchase one common share at a price of $0.10 until March 24, 2012.
In connection with the private placement, Vior paid a finder's fee of $30,240 and issued 302,400 non-transferable warrants to purchase same number of common shares at a price of $0.10 per share until September 24, 2013. The securities issued in connection with the private placement are subject to a four-month holding period expiring on January 25, 2011.
The company intends to use the proceeds of the placement for working capital purposes.
Profile
Vior is a growing mining company focused on developing its properties. The company owns 75% of the Douay gold project and other mineral properties.

The TSX Venture Exchange (TSX Venture) does not accept responsibility for the adequacy or accuracy of this Press Release.

For more information, please contact
Vior inc.
Claude St-Jacques - President
418-692-2678
cstjacques@vior.ca
www.vior.ca
SEDAR: Société d'exploration minière Vior inc.

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Gold Stocks; Dynacor Gold (TSX:DNG): Gold Sales of USD 7.9 Million in the First Two Months of Q3, 2010

MONTREAL, QUEBEC--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 27, 2010) - Dynacor Gold Mines Inc. ("Dynacor" or "the Company")(TSX:DNG) is pleased to announce an operations update. In the first two months of the third quarter, 2010, the Company produced 6,239 ounces of gold from its gold custom-milling Plant in Peru and had sales of USD 7.9 million.
The average selling price of gold per ounce for the first two months of the third quarter was CAD 1,259 (USD 1,208). Management expects to achieve the high end of the third quarter production outlook of 7,000 - 9,000 ounces of gold since 6,239 ounces of gold have been produced in the first two months of the quarter.
The company began the year with a milling rate of 110 tonnes/day and has progressively increased the rate to reach 150 tonnes/day at the end of the month of August, an increase of 36%. Gold production is expected to continue to increase through the balance of 2010 and into 2011 as the Dynacor's Mill ramps up to its full capacity of 180 tonnes/day or between 45,000 to 50,000 ounces of gold per year.
Mr. Jean Martineau, President and CEO of Dynacor Gold, stated: "I am very pleased as gold production have increased substantially following the 1 million dollar financing closed in June 2010. The increased cash flow will allow Dynacor to fast track its exploration campaign at Tumipampa. Dynacor is on track to attain gold sales of 30,000 ounces of gold in 2010".
ABOUT DYNACOR GOLD MINES INC.
Dynacor is a gold exploration and mining company active in Peru through its subsidiaries since 1996. The Company's assets include the Acari, Casaden and Tumipampa exploration properties. The Acari mill produces gold by custom milling. Dynacor's strength and competitive advantage comes with the experience and knowledge the Company has developed while working in Peru. Its pride remains in maintaining respect and positive work ethics toward its employees, partners and local communities.
FORWARD LOOKING INFORMATION
Certain statements in the foregoing may constitute forward-looking statements, which involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Dynacor, or industry results, to be materially different from any future result, performance or achievement expressed or implied by such forward-looking statements. These statements reflect management's current expectations regarding future events and operating performance as of the date of this news release.

For more information, please contact
Dynacor Gold Mines Inc.
Jean Martineau
President & CEO
514-288-3224
or
Dynacor Gold Mines Inc.
Dale Nejmeldeen
Investor Relations
514-288-3224
778-574-2806
nejmeldeen@dynacor.com

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Velocity Minerals  (TSX:VLC) Announces Staking of Idaho Gold Prospect

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog )  - Sept. 27, 2010) - Velocity Minerals Ltd. (TSX:VLC) is pleased to announce that it has staked 60 claims (A1 to A60) in the Orogrande mining district in Idaho county, Idaho State using the professional services of Idaho registered surveyors. The 60 contiguous claims cover an area of approximately 1240 acres in the historic Orogrande Mining Division in central Idaho near an area known for past gold production.
The ground staked by Velocity has received relatively little recent exploration. The district, however, is known to contain multiple gold occurrences with some grades running as high as 0.8 ounce per ton. The claims completely surround two patented claims that contain the Homestake Mine, which is located in the Crooked River watershed, southeast of Grangeville, Idaho.
The A claims are also adjacent to and south of Premium Exploration Inc.'s Friday-Petsite project. Premium has an active 10,000 meter diamond drilling program underway on the Friday-Petsite approximately 3 kilometers north of the northern boundary of Velocity's claims. In a press release on August 10, 2010, Premium announced assay results for holes PFR2010-4, PFR2010-5, and PFR2010-6 of that program. Premium indicated that these holes advance the development of its new Lower Block, continuing resource growth and the establishment of at least 100 meters of mineralized width at depth, which remains open along strike and at depth.
Highlights of that release (dated August 10, 2010) include:

PFR2010-4		1.5 g/t gold over 150.0 meters including
		2.5 g/t gold over 36.9 meters including
		8.3 g/t gold over 4.9 meters
PFR2010-5		0.9 g/t gold over 267.0 meters including
		1.5 g/t gold over 72.2 meters including
		3.4 g/t gold over 11.0 meters
PFR2010-6		0.5 g/t gold over 226.0 meters including
		2.5 g/t gold over 16.4 meters

In a further press release on September 20, 2010, Premium announced assay results for the next six holes of the ongoing drill program at the Friday-Petsite project. Premium indicated in that release that these six holes, in addition to the six previously released, have successfully doubled the down-dip extension of the resource from 150 meters to 300 meters of depth and have developed 300 meters of the lower block mineralization along strike. Premium also said that in maximizing drill footage, all six holes did not fully cross-cut the zone and, hence, terminated in mineralization allowing Premium to achieve its goal of resource growth while simultaneously revealing the potential at depth.
Highlights of that release include:

PFR2010-8		0.7 g/t gold over 162.4 meters including
		2.0 g/t gold over 19.5 meters including
		3.1 g/t gold over 9.1 meters
PFR2010-11		0.8 g/t gold over 107.9 meters including
		1.1  g/t gold over 42.1 meters
PFR2010-13		0.7 g/t gold over 222.2 meters including
		1.1  g/t gold over 41.2 meters including
		2.3 g/t gold over 11.9 meters

HISTORICAL PRODUCTION
According to National Gold, Inc., a company registered in the state of Delaware and the holder of the patented claims on which the Homestake mine is situated:
"Gold exploration in the region dates back to 1861 when placer gold deposits were found on Newsome Creek near Elk City, 10 miles east of the Homestake Mine.
At least ten lode gold mines were in production in the Orogrande Mining District from the late 1890's to the late 1930's. Large scale placer mining using hydraulic mining and dredges began in the early 1900's and resulted in a huge increase in gold production. Placer mines outnumbered lode mines until World War II put a temporary stop to gold mining.
Five adits are located on the Homestake Mine but the exact time of development is unknown.
According to the previous owners, all five adits were being worked in the 1930's and 1940's until World War II interrupted all mining activity. Considerable evidence remains on the site from that period. Many old buildings used to support the working crews are still standing, although they are now unsuitable for any use due to advanced deterioration. In addition, the remains of an old crusher are evident.
Extensive work has been done on the Homestake. At 6,464 feet a vein has been exploited to a depth of 30 feet. There is another mine at 6,393 feet which has been dug to 150 feet. At 6,192 feet there is a mine that goes 1,150 feet into the mountain. And at 6,192 feet there is a mine that extends 880 feet."
The technical data in this News Release has been reviewed and approved by Trygve Höy, P.Eng., Ph.D., a Qualified Person (as defined in NI 43-101). However, the specific data referred to herein was obtained from government files, other historical sources and third party news releases, all of which are believed to be reliable but which have not and cannot be verified.
Velocity Minerals Ltd. is a public company dedicated to the acquisition, exploration and development of molybdenum, gold and other mineral resources. In addition to the Company's two Cassiar, B.C. area properties, its Southeastern B.C. gold prospect and its Idaho claims, several other opportunities in the mining industry in North America and elsewhere are actively being pursued.
On behalf of the Board of Directors,
Kenneth R. Holmes, Chairman

The TSX has neither approved nor disapproved of the information contained herein.

For more information, please contact
Velocity Minerals Ltd.
Jeremy Yaseniuk
Investor Relations
(604) 689-7411 or Toll Free: (866) 920-0567
info@velocityminerals.com
www.velocityminerals.com

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Golden Tag (TSX VENTURE:GOG) Reports Initial Rulings of Arbitration-ECU is Removed as Operator of San Diego Joint Venture

MONTREAL, QUEBEC--(http://www.investorideas.com/ gold and mining blog) - Sept. 27, 2010) - Golden Tag Resources Ltd (TSX VENTURE:GOG) ("GOG") is pleased to announce that it has received a decision in the matter of arbitration between Golden Tag and ECU Silver Mining Inc. ("ECU") over numerous breaches by ECU of the Joint Venture Agreement ("JVA") governing the highly prospective San Diego Property in Velardeña, Mexico.
GOG requested arbitration in June 2009 to resolve many difficulties encountered with ECU. This action was taken after a 3 month period in which time ECU failed to resolve the outstanding issues. The first stage of the arbitration focused on the question of liability and the arbitration Award was issued on September 20^th, 2010.
A second stage of arbitration to deal with the issue of damages may proceed as GOG has now been successful in proving fault by ECU. GOG has the right to elect to proceed with the second stage hearing by notification to the arbitration panel within 30 days of the Award.
The arbitration panel has confirmed:
1/ GOG was justified in commencing and proceeding with the arbitration. ECU admitted significant breaches of the JVA. It admitted that it used GOG's funds to pay creditors that were not creditors of the Joint Venture and commingled these funds with its own. In addition to these egregious breaches, ECU committed other defaults under the JVA including, among others, improper removal of ore-bearing stockpiles, failure to produce financial statements and failure to advise of lack of funds to complete the Phase 4 program.
2/ ECU failed to pay invoices of the two principal contractors during Phase 4 drilling which resulted in the premature termination of the program in December 2008 when drills were removed from the property by the contractor and reporting on all assay results was suspended. As of mid-2009 the contractors remained unpaid by ECU and full payment was only confirmed in March 2010.
3/ ECU failed to pay its share of the costs of the Phase 4 exploration program on a timely basis. In addition ECU used funds received from GOG during Phase 4 to pay invoices that were not connected with the Joint Venture.
4/ ECU failed to provide required financial statements.
The conclusion outlined by the Arbitrators in the Award of September 20^th states that ECU's behavior is "Egregious". The Award makes the following immediate orders:
1/ECU is to pay GOG's costs.
2/ Neither party will be diluted from their current 50% interests.
3/ An audit of the financial records of the Joint Venture by an independent firm of Chartered Accountants is to prepare adequate financial statements for the Joint Venture for December 31, 2010. The parties have 60 days to agree on auditors. Audit costs will be paid 2/3rds by ECU and 1/3^rd GOG.
4/ ECU is to transfer to GOG a 50% interest in the Cortez Mining Rights (San Diego) for no additional consideration.
5/ ECU is to pay GOG 50% of the gross revenue it reported from metals in the stockpile material mined from the property in 2009, an amount equal to US$60,565.12.
6/ ECU has been removed as Operator. The Management Committee is to meet within 30 days to select a new Operator. If there is no agreement on selection of Operator after 60 days, additional submissions may be made for arbitration of this decision.
7/ GOG may, within 25 days of the date of the Award, make submissions seeking payment of its legal fees.
It is the Company's intention to work with ECU to resolve outstanding issues related to the arbitration ruling in an expedient manner as possible so that work may re-commence on the property as soon as possible. The Company intends on issuing more information in the near future.
San Diego Property, Durango State, Mexico
Four phases of surface exploration have been undertaken by the JV on the San Diego Property. Successful exploration drilling has to date identified a major new polymetallic Silver –Lead – Zinc – (Gold) [Ag-Pb-Zn-(Au)] mineral discovery on an extension of the Velardeña Mine trend. NI 43-101 compliant reporting in January 2009 [News Release: Jan 19^th 2009] identifies combined Joint Venture Mineral Resources of:

• Indicated Resources: 0.371 Million tonnes (MT) grading 245 grams Ag per tonne (Ag g/t), 1.80 percent Pb (% Pb), 1.33 percent Zn (% Zn) and 0.339 grams Au per tonne (Au g/t); representing
  • 4.25 Million Ounces of Silver-equivalent (oz.Ag.EQ); and,

• Inferred Resources: 21.63 Million tonnes (MT) grading 110 Ag g/t, 1.84 % Pb, 2.21 % Zn and 0.134 Au g/t; representing an additional
  • 214.3 Million oz.Ag EQ.

• Micon International Inc. also estimated that the property remains highly prospective with additional mineral potential, on strike and at depth, of an additional estimated
  • 173.5 to 389.5 Million oz.Ag EQ.

Golden Tag Resources Ltd.
Golden Tag is a junior exploration company exploring for high grade gold and silver deposits at the San Diego silver project in Durango State, Mexico; the Aquilon Gold project in James Bay, Quebec; and the McCuaig gold project in Red Lake, Ontario. Golden Tag has 39,770,958 issued and outstanding shares.
Statements in the release that are "forward-looking statements" are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially. We undertake no duty to update any forward-looking statement to conform the statements to actual results or changes in our expectations.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. 

For more information, please contact
Golden Tag Resources Ltd.
Marc A Carrier, President
514-426-8542
514-426-8543 (FAX)
pres@goldentag.ca
www.goldentag.ca

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Investorideas.com - ADVENTURE GOLD (TSX-V:AGE) ACQUIRES THE GRANADA EXTENSION PROPERTY ADJACENT TO GOLD BULLION'S LONG BARS ZONE, ROUYN-NORANDA, QUEBEC

Investorideas.com - ADVENTURE GOLD (TSX-V:AGE) ACQUIRES THE GRANADA EXTENSION PROPERTY ADJACENT TO GOLD BULLION'S LONG BARS ZONE, ROUYN-NORANDA, QUEBEC




MONTREAL, QC September 27, 2010 (Investorideas.com Mining stocks newswire) - Adventure Gold Inc. (AGE: TSX-V) (the "Company"), is pleased to announce the acquisition of the new high gold potential Granada Extension property covering approximately 200 hectares along the Cadillac Larder Lake Gold Break, in the Rouyn-Noranda mining camp, Quebec (Figure 1 – see website). The Property includes the interpreted lateral and southern extensions of the Gold Bullion Long Bars Zone, where a preliminary block model outlined a gold-mineralized system that offers a potential of 2.4 million ounces of gold (non-compliant with NI 43-101; Gold Bullion press release, April 22, 2010). The Granada Extension property boundary (Figure 2 – see website) is located less than 30 meters from the southernmost part of the former Granada Mine pit #2, 250 meters East of drill hole GR-10-17 which had returned 1.0 g/t Au over 99 meters and less than 450 meters West of pit #1 and drill hole GR-10-21 which had returned 2.2 g/t Au over 20 meters (Gold Bullion press release, March 1, 2010).

Jules Riopel, Vice-President Exploration and Acquisitions at Adventure Gold stated: "A proven major gold structure environment and several favourable geological features were recognized on the Property, leading us to acquire this strategic land position. In fact, porphyritic dykes, shear zones, and quartz veins were observed South and South West of the former Granada Mine. Moreover, our interpretation of the information released by Gold Bullion and those from the Quebec Sigeom database suggest that the Long Bars Zone probably extends onto our new Property and these extensions had never been drilled. A prospecting program is slated to start this week."
The Granada Extension property consists of 11 mining titles, three of which were bought from two individuals in counterpart of staged cash payments totalling $50,000 over 4 years, 100,000 shares and 250,000 stock options at $0.25 of the Company. The vendors will retain a 1.5% NSR, of which 0.5% can be bought back for $500,000. The shares issued by the Company pursuant to the agreement with the vendors shall be subject to a four-month hold period from their issuance date. This agreement is subject to the approval of the TSX Venture Exchange. Jules Riopel P.Geo. Vice-President Exploration and Acquisitions, who acts as the Company's "Qualified Person" as defined by NI 43-101, has reviewed this press release.
Profile:
Adventure Gold Inc. is a mining exploration company focused on discovering high quality gold deposits in the Abitibi greenstone belt located in north-west Quebec and north-east Ontario - one of the richest gold deposit areas in the world. Adventure Gold holds quality assets in the Val-d'Or, Québec and Timmins, Ontario areas and is led by determined management and technical teams with extensive exploration and mine production experience. Adventure Gold is proud to count on highly regarded partners such as Agnico-Eagle Mines, Lake Shore Gold and RT Minerals to explore advanced stage gold properties. The Company owns more than $3.5M in cash and stocks and will continue to aggressively seek new properties in compliance with the corporate strategy. For more information, please contact:
Marco GagnonPresident & CEOmarco@adventure-gold.com450.743.5527
Jules RiopelVice-President Exploration and Acquisitionsjules@adventure-gold.com819.797.9770
http://www.adventure-gold.com/
The forgoing information may contain forward-looking statements and events relating to the future performance of the Company. Forward looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in the Company's filings with the appropriate regulatory authorities. We seek safe harbour.
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.

Visit this company: http://www.adventure-gold.com/



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Investorideas.com - Lucky Strike (TSX.V-LKY) Acquisition Changyun Coal Mine in China, Proposes $1,500,000 Private Placement

Investorideas.com - Lucky Strike (TSX.V-LKY) Acquisition Changyun Coal Mine in China, Proposes $1,500,000 Private Placement



Vancouver, British Columbia, CANADA - September 24, 2010 (www.investorideas.com mining stocks newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY), (the "Company") is pleased to announce today its intention to complete a non-brokered private placement of up to 6 million units (the "Units") at a price of $0.25 each for gross proceeds of up to $1,500,000. Each Unit consists of one common share of the Company (a "Common Share") and one-half Common Share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.40 per Common Share during eighteen months following the closing. The Warrants will be subject to an acceleration clause, provided that if at any time which is more than four (4) months and one day following Closing, the volume weighted! average trading price of the common shares of Lucky Strike, as traded on the Exchange, exceeds $0.40 for 20 consecutive trading days, Lucky Strike shall have the right to accelerate the expiry date of the Warrants to a date which is thirty (30) days following the date of the notice.


The net proceeds will be used for continuation of the acquisition of the Changyun coal mine in Guizhou Province of China and for general working capital.
This private placement is subject to finder's fees, which will be paid in accordance with the TSX Venture Exchange policies, and is subject to the approval of the regulatory authorities.
It is not anticipated that any new insiders will be created, nor a change of control will occur as a result of the private placement. The private placement is subject to regulatory approvals, including final approval by the TSX Venture Exchange. All securities issued pursuant to the private placement are subject to a 4-month hold period. After taking into consideration this private placement, the Company will have 12,943,967 common shares issued and outstanding.


About the Changyun Coal Project
Located within the Bijie coal fields, Guizhou Province, the Changyun coal mine covers an area of 2.0954 sq. km with valid mining permits for a 150,000 MTPY coal mining operation, which may be expanded to 300,000 - 500,000 MTPY. Local historical reports (non-compliant with NI43-101) state that coal seams within the mine area are highly altered and would produce a low ash, low to medium sulphur (average 0.23%), and low-volatile (7-8% volatile matter) product, with high gross calorific value that ranges from 6400 to 7200 Kcal/kg. The thermal grade coal is suitable for power plant use. A ready market for production exists with the nearby power plants and other end users within Guizhou province.


In addition to the mine, Changyun has recently been provided with preferential rights to explore and develop a 20 sq. km of highly prospective exploration land surrounding the mine.
About Lucky Strike:
Visit this company: http://www.luckystrikeresources.com/
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.


On behalf of Management
Lucky Strike Resources Ltd.Dodge LiDodge Li, CEO & Director
Visit this company: http://www.luckystrikeresources.com/

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TSX Silver Stocks; United Mining Group (TSX:UMG)(FRANKFURT:UM8) Appoints New CEO and Director

VANCOUVER, BRITISH COLUMBIA--(http://www.investorideas.com/ gold and mining stocks blog)  - Sept. 23, 2010) - United Mining Group, Inc. (the "Company") (TSX:UMG)(FRANKFURT:UM8) announces the appointment of Charles Pitcher, formerly President and CEO of Western Canadian Coal as CEO of the Company and Graham (Chip) Clarke, Jr., formerly Senior Vice President and General Counsel with Newmont Mining as Independent Director. Greg Stewart will continue as Chairman, President and will also assume the position of COO. Erik Panke, CFO has resigned as Non-Independent Director to allow for the addition of Graham Clark, Jr. as Independent Director. Mr Panke will continue in his role of CFO and Corporate Secretary.


Charles G. Pitcher, P.E.
Charles Pitcher has over 40 years of experience in senior executive positions in civil construction and mine development with a consistent record of accomplishment. He has extensive experience in the development and operations associated with underground and open-pit mining. He has built successful teams for the mine management and operations in both developed and developing regions of the world. Mr. Pitcher was President and CEO of Western Canadian Coal Corp in the development of the Northeast coal deposits for the Company. He joined the Company in 2002 as Chief Executive Officer to oversee the completion of feasibility studies and then served as Chief Operating Officer. Mr. Pitcher is President of The Mining House Inc, a provider of engineering services related to project development and management. Mr Pitcher also holds Board positions Wildcat Resources and Sila Industries Ltd.
Graham M. (Chip) Clark, LLB
Graham Clark is a senior member of the mining community. He has been involved in the major mining trends of the last 35 years. He has deep expertise in the acquisition, finance and provision of security for mineral properties in the U.S. and in foreign jurisdictions. Mr. Clark has conceived and executed joint operating agreements for hundreds of millions of dollars. He was a key player in the settlement of Superfund clean-up actions and Clean Air violations. He has been involved in the acquisition of publicly and privately held companies for cash and/or stock, issuance of common stock and secured debt. Chip Clark was at Newmont Mining Corporation for 13 years spending 5 years as General Counsel and Senior Vice President. His experience with junior resource companies was as President of Gold Discovery Company for five years. He is presently Of Counsel practising in Phoenix, Arizona. Mr Clark is a graduate of the Yale School of Law.
Greg Stewart, Chairman and Founder, United Mining Group comments, "Charles Pitcher has the senior mining experience which is critical to our company, especially as we move towards production on the Crescent Silver Mine. Chip Clark has the experience and connections in the mining world which will be indispensable to our growth. I am proud to welcome Charles and Chip to the UMG team. I would like to thank Erik Panke for his considerable help as Director. His contribution to obtaining our TSX listing was indispensable."
Charles Pitcher, newly appointed CEO commented, "I wish to thank Greg Stewart and the UMG Board for this appointment. Over the years, Greg Stewart has built a superb mining services company, which has expanded to include the Crescent Silver Mine. I compliment Greg and his team for their superlative work. I look forward to working with Greg and his team to move UMG to the next level of growth."
Stock Options
The Company has issued 840,000 incentive stock options to directors, employees and consultants at a price of $0.81. These options will have a 10 year term and are subject to regulatory approval.
About United Mining Group
United Mining Group is a profitable, vertically integrated mining company with operations in Idaho, USA. The Company offers a full suite of mining services including contract mining to silver miners in the district. The Company owns its own custom welding and fabrication shop allowing it to repair/rebuild equipment for its own use and for outside mining companies.
The Company is currently earning, through development and operations, an 80% interest in the Crescent Silver Mine adjacent to the Sunshine Silver Mine in the Silver Valley. The Crescent Mine has historically produced 25 million ounces of silver at an average grade of 27.3 opt (SRK Consulting 43-101 report, March 1, 2010). UMG currently has an indicated resource of 6.1 million ounces silver (324,000 tons grading 18.7 opt silver) and additional inferred resources of 4.1 million ounces silver (211,000 tons grading 19.5 opt silver).
UMG is committed to building a senior silver-producing mining company based on aggressive exploration and development of the highly-prospective current land position at Crescent and through the acquisition of additional silver interests.
For more information about the Company, please visit: www.unitedmininggroup.com


On behalf of the Board of Directors,
Greg Stewart, Chairman
FORWARD LOOKING STATEMENTS: This press release contains forward-looking statements, which address future events and conditions, which are subject to various risks and uncertainties. The Company's actual results and financial position could differ materially from those anticipated in such forward-looking statements as a result of numerous factors, some of which may be beyond the Company's control. These factors include: results of exploration activities and development of mineral properties, fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the inability to obtain financing, currency fluctuations, general market and industry conditions and other risks disclosed in the Company's filings with Canadian Securities Regulators.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

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

For more information, please contact
United Mining Group, Inc.
Greg Stewart
208.682.9018
gstewart@unitedmininggroup.com
www.unitedmininggroup.com

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