Mining and Gold Stocks; YALE (TSX-V: YLL) Identifies Multiple Geophysical Targets at Los Amoles

June 22, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL) is pleased to report that the recently completed 28 line-kilometre geophysics program at the Los Amoles Silver Property, located in central Sonora State, has identified multiple potentially significant targets.

The geophysical interpretation identified eight (8) linear 500 to greater than 800 metre long features that are parallel to the trend of the known veins/structures within the property. The summary report prepared by the geophysical contractor concluded that "certain axies are representative of mineralised structures or veins whose potential has yet to be fully determined and should thus be further investigated" and recommended that three of them be drill tested.
In addition to the eight linear features, the Induced Polarization survey was successful in identifying multiple stand-alone targets. The Rosales mine occurs in the centre of a +19 mV/V chargeability high that is the middle of three such anomalies that form a corridor greater than 1.0 km in length. However, a 600 metre by 1,100 metre chargeability anomaly was identified in an area of the project that has received only limited field work to date.
In addition to the geophysics survey, 124 rock samples were taken from historic workings, mineralized dumps and outcrops. Samples have been submitted to Inspectorate Labs' preparation facility in Hermosillo and results are expected shortly.
Work at Los Amoles is being performed by Yale on behalf of Sonora Resources who by funding the exploration have the right to earn a 70% interest in the property.
About the Los Amoles Property:
The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150 kilometres northeast of the Hermosillo, Sonora State, Mexico. The property is approximately 10 kilometres northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
Sonora Resources Ltd. (previously Nature's Call) has an option to earn a 70% interest in the property by paying to Yale US $ 50,000 (received), spending US $ 900,000 on exploration expenditures and issuing 1,000,000 shares (400,000 have been received) to Yale over three years.
Work performed to date by Yale has concentrated on an area (the Rosales area) that is on the south eastern edge of a 4.0 by 2.75 km regional magnetic anomaly. Yale's interpretation is that the Rosales area represents silver-lead +/- gold veins that are distal to a porphyry system. The potential for this regional anomaly to reflect a buried porphyry has yet to be tested. Many of Sonora's most significant porphyry deposits are located within 70 km of the Los Amoles property.
Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 gram fire assay with an AA finish. Samples with greater than 100 g/t silver were re-assayed using gravimetric methods.
Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Los Amoles property is an early stage project that requires additional sampling and geological mapping to fully determine the project's potential.
On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. For additional information on Yale Resources please call the Company at 604-678-2531
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.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531

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Mining Stocks; TurkPower Corporation (OTC.BB: TRKP) Appoints Former Chairman of NYMEX Holdings, Inc., Mr. Richard Schaeffer, to Its Board of Directors

NEW YORK, NY - June 15, 2011 (Investorideas.com Mining stocks Newswire) - TurkPower Corporation (OTC.BB:TRKP) (the "Company") is pleased to announce the appointment of Richard Schaeffer to its Board of Directors. Mr. Schaeffer is the retired Chairman of NYMEX Holdings, Inc. and the New York Mercantile Exchange, which went public at a valuation of $13bn under his lead in 2006. He served as a member of the NYMEX Board of Directors from March 1990 to 2008; was the Treasurer of the Exchange from 1993 to 2004, Vice Chairman from 2004 to 2006, and Chairman from 2006 to 2008. Mr. Schaeffer has been a NYMEX member and seat owner since 1981.

Mr. Schaeffer has served as a director on the board of directors of the leading Norwegian financial derivatives exchange IMAREX as well as on the board of the Montreal Stock Exchange, and held a seat on the board of directors of the University of Maryland's Robert H. Smith School of Business. Presently Mr. Schaeffer serves as a special advisor to General Atlantic and as a director to two public companies. Mr. Schaeffer graduated from the Robert H. Smith School of Business at the University of Maryland in 1974, where he delivered the school's commencement address in 2006. Richard was also the Chairman of the NYMEX charitable Foundation's Board and is currently a board member of the Museum of American Finance and the Tribeca Film Festival.
"It's a pleasure and honor to join TurkPower and its team of professionals," Mr. Schaeffer said. "I strongly believe TurkPower to be perfectly positioned to become a major mining and energy company in Turkey, the second fastest growing economy and energy market in the world. I look forward to helping the Company execute its business plan and to working closely with TurkPower's management and board of directors in the coming years."
TurkPower Chairman Ryan E. Hart commented: "Richard is a well known and respected person in the finance and commodity industry, with vast business experience and a track record that speaks for itself. We are very pleased and proud to have Richard join our board of directors and help us grow TurkPower to a major mining and energy player in Turkey. The Company will benefit from his experience, knowledge and contacts which he acquired and built in the past 30 years in the finance and commodity industries."
About TurkPower Corporation
TurkPower Corporation (OTC.BB:TRKP) is a Turkish-American consulting and service operations firm with a strong focus on the booming Turkish energy and mining industries. TurkPower offers its domestic and international clients consulting services and acts as a full service operator for wind, hydro, solar and coal power plants in Turkey. In addition to its energy business, TurkPower aims at becoming a substantial player in the Turkish mining industry by acquiring and consolidating operational mines with proven reserves, utilizing economies of scale to increase returns.
Safe Harbor Statement
The statements by our officers, and other statements regarding optimism related to the business, consulting, service operations, expanding exploration and development activities and other statements in this press release are forward-looking statements within the meaning of the Securities Litigation Reform Act of 1995. Such statements are based on current expectations, estimates and projections about the Company's business and subject to successful financing. Words such as expects, anticipates, intends, plans, believes, sees, estimates and variations of such words and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and involve certain risks and uncertainties that are difficult to predict. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere.
Contact:
TurkPower Corporation
100 Park Avenue
New York, New York 10017
T 212-984-0628
F 212-880-6499

TurkPower Corporation (OTC.BB: TRKP) is a showcase mining stock on Investorideas.com
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What Investors Need to Know about Junior Gold Stock, Running Fox Resources (TSX-V- RUN)

POINT ROBERTS, Washington, June15, 2011 - www.InvestorIdeas.com, a leader in sector research for investors including gold and mining stocks, issues an investor update for Running Fox Resources, (TSX-V: RUN), (OTC.PK: RFXRF), (FRANKFURT: C8Q).

Running Fox Resources (TSX-V: RUN) was trading at $0.19, up 0.01 (5.56%) at the close of trading June 14 th. Gold closed at $ 1,525.20 up 2.50 +0.16%.
Building the case for gold stocks, a report from Standard Chartered: " Three Factors Will Drive Gold To $5,000″, was circulated on mass online today.
According to the report, "We believe that these factors - limited gold production, buying by central banks and increasing demand from India and China - can potentially drive the gold price to US$5,000/oz, as highlighted in our commodity team’s earlier report, Gold - Super-cycle to extend above US$2,100/oz (17 April 2011). "
Junior gold company Running Fox Resources, (TSX-V: RUN) is betting on its Okanagan Batholith play. The Company’s main property is the Brett Gold Project, situated in the North Okanagan region of Southwest British Columbia. The property is located approximately 29 kilometers West of Vernon in south-central British Columbia on the west side of Okanagan Lake. Vernon is approximately 400 km northeast of the city of Vancouver.
In 1996 a small (291 tonne) bulk sample, from the RW vein and Main Shear Zone, was shipped to Trail and returned an average grade 27.74 gms Au/tonne and 63.7 gms Ag /tonne. Work was stopped in late 1996 and the property was tied up in litigation for several years.
Running Fox Resource Corp. now owns 100% of the advanced and developing Brett Gold and Silver Project in British Columbia, over 50 square kilometers, the majority is royalty free.
Running Fox is planning a 2011 exploration campaign at the Brett property that will also include drilling and trenching of soil anomalies, as the prior program opened up large areas for exploration and the development of additional gold bearing zones.
Running Fox Resources, (TSX-V: RUN) recently presented in the online mining conference, Follow the Money in Mining and Metals and offered investors a comprehensive overview. The presentation is still archived and free for investors with registration.
Free Investor Sign-Up
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Investors - once you have registered and signed up below - login here
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Investor Highlights: What Investors should know about Running Fox Resources (TSX-V- RUN)

Running Fox TSX-V "RUN" 100% Gold and Silver Acquisition

Owns 100 % of gold and silver project;
Canada project, a stable, secure jurisdiction;
Large land package, 54 square kilometres;
Excellent access, road is paved except for 20 kilometres of gravel road;
Bulk sample very successful processed by Teck Cominco, is high grade;
Very good metallurgy, high recovery ratios, .82 ounce gold, 2.2 ounce silver/ton;
Running Fox has no debt with (very small debt in subsidiary);
Running Fox also owns other non-core assets, Alberta oil and gas production, some cash flow;
Company geologists are preparing drilling plans to follow-up on the following gold intersections:
DH 87-29 interval- 8.62 meters grading 25 grams per tonne gold;
DH 83-16 interval - 33.5 meters grading 2.53 grams per tonne gold;
DH 87-42 interval - 2.74 meters grading 33.94 grams per tonne gold;
DH 87-46 interval - 15.55 meters grading 2.53 grams per tonne gold;
DH 88-02 interval - 25.92 meters grading 1.68 grams per tonne gold;
DH 88-16 interval - 33.53 meters grading 2.53 grams per tonne gold;
DH 88-17 interval - 6.10 meters grading 15.82 grams per tonne gold;
DH 88-22 interval - 27.74 meters grading 2.88 grams per tonne gold;
DH 88-32 interval - 16.76 meters grading 4.66 grams per tonne gold;
DH 93-12 interval - 10.67 meters grading 3.87 grams per tonne gold;
DH 93-17 interval - 3.05 meters grading 56.16 grams per tonne gold;
DH 93-19 interval - 16.76 meters grading 35.79 grams per tonne gold;
DH 04-01 interval- 10.2 meters grading 5.28 grams per tonne gold;
DH 04-02 interval- 11.6 meters grading 10.39 grams per tonne gold; and,
Importantly DH 04-12 interval 1.3 meters of 176 grams per tonne gold in a new shear zone.
These drill intercepts include the gold only, but there is also SILVER.
Successful Bulk Sample
Silver and Gold Bulk Sample Processed by Teck Cominco in Canada, s melter receipts:
averaged 28 grams per tonne gold plus64 grams per tonne silver
See website 3D Geological drill hole movie, 3D Footwall, complete maps, geochem, and drilling.
Significant early stage block calculations on a small portion of one shear zone -- and there are numerous shear zones, running under large undrilled geochem zones with good gold values.
The 2004 soil geochemical survey identified numerous and as yet untested gold in soil anomalies as much as 2,000 meters north of the Main Shear Zone drilling which appear to trend in the same northeast and northwest direction as the gold mineralization found in the shear zones around the Main Shear Zone.
Gold mineralization found in a road cut 3,000 meters north of the Main Shear Zone drilling assayed 9.5 grams per tonne gold.
Running Fox geologists conclude that the Brett Gold and Silver Project has many untested soil anomalies representing significant exploration targets that are similar in geology and grade of gold mineralization to that found around the Main Shear Zone, which is also open along strike and depth.
Also See "Top 40 Gold Intercepts" on website. In management's opinion, Running Fox is very undervalued and a strategic marketing campaign will be endorsed along with upcoming drilling.
Contact the company
Steven Schurman, CEO,
Running Fox Resource Corp.
604 725 8868 www.foxgold.ca
Running Fox ( TSX-V:RUN) will be presenting at the upcoming online investor conference hosted by Investorideas.com and SmallCapvoice.com May 25.26 th, Learn more: http://www.investorideas.com/MSS/Conference.asp
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Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
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Disclosure: The following news is paid for and /or published as information only for our readers. Running Fox Resource Corp. (TSX.V: RUN) averaging $500 per release.
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Source - Investorideas.com

Free Online Mining Stocks Investor Conference Now Archived for Investors – Hear Senior and Junior Mining Stocks Tell Their Story

June 10, 2011 - www.Investorideas.com and www.SmallCapVoice.com, remind investors the presentations for mining stocks and industry experts are still available with free registration for the May 25 Follow the Money in Mining and Metals online conference. Each presentation averages 15 minutes with an audio and PowerPoint in a media player.
Presenting mining stocks included Goldcorp (TSX: G, NYSE: GG), Running Fox (TSX-V:RUN) ( US OTC:RFXRF), Yale Resources Ltd. (Pink Sheets: YRLLF) (TSX-V: YLL), Currie Rose Resources Inc. (TSX.V: CUI), Strategic Resources (TSXV:UVR), Tara Minerals Corp. (OTCBB: TARM) and Trueclaim Exploration Inc. (OTCQX: TRMNF) (TSX-V: TRM).
Learn More about the Mining Conference
At Investorideas.comhttp://www.investorideas.com/MSS/Conference.asp
At SmallCapvoice.comhttp://www.smallcapvoice.com/ii_scv/index.html
Free Investor Sign-Up
http://www.smallcapvoice.com/ii_scv/investor-signup.html
Investors - once you have registered and signed up below - login here
http://www.smallcapvoice.com/mining-conference/
Keynote Presenting Mining Company:

Goldcorp (TSX: G, NYSE: GG)
Goldcorp is the fastest growing, lowest-cost senior gold producer with operations and development projects in politically stable jurisdictions throughout the Americas. Our strong project pipeline is positioned to drive long-term, sustainable growth.
A Canadian company headquartered in Vancouver, British Columbia, Goldcorp employs more than 11,500 people worldwide. Goldcorp is committed to responsible mining practices and is well-positioned to deliver sustained, industry leading growth and performance. We endeavor to deliver sustainable prosperity for our shareholders, employees, business partners and the communities in which we operate.
Contact
Jeff Wilhoit
VP, Investor Relations
(604) 696-3074
info@goldcorp.com
www.goldcorp.com
Presenting Mining Stocks:
Running Fox (TSX-V: RUN) ( US OTC: RFXRF) ( FRANKFURT: C8Q)
Running Fox is a Canadian growth-oriented resource company with mineral projects including US uranium and Canadian gold properties, oil and gas assets, and oilfield service operations.
Contact
Steven Schurman
Running Fox Resource Corp.
1 (604) 725-8868
www.foxgold.ca
Yale Resources Ltd. (Pink Sheets: YRLLF) (TSX-V: YLL)
Yale Resources Yale Resources Ltd. is an exploration and development company building value utilizing the Project Generator business model. With its Mexican operations based out of Hermosillo, Sonora, Yale is utilizing its extensive Mexican network to identify, acquire and advance projects of merit. Yale's partners are scheduled to spend greater than $1,000,000 on exploration on the Company's properties over the next 12 months.
Contact
Ian Foreman
info@yaleresources.com
www.yaleresources.com
Currie Rose Resources Inc. (TSX.V: CUI)
Currie Rose Resources Inc. is a gold exploration company listed on the Toronto Venture Exchange under the symbol CUI-V, Frankfurt Exchange CDV, and U.S. OTC Market symbol CUIRF. The main focus is the Company's gold exploration projects in The Lake Victoria Gold Fields in Tanzania.
Contact
Harold Smith
harold@currierose.com
www.currierose.com
Strategic Resources (TSXV: UVR)
Strategic Resources is a Canadian based junior exploration company with uranium/vanadium exploration projects in Catron County, New Mexico, Rare Earth exploration projects in Lincoln County and Socorro County, New Mexico and a Lithium project in Malheur County, Oregon.
IR Contact
Malcolm Bucholtz
Supercyclereport@gmail.com
www.strategicresourcesinc.ca
Tara Minerals Corp. (OTCBB: TARM) ( Berlin: 6T3)
Tara Minerals Corp. is positioned to generate significant cash from the sale of Silver, Zinc, and Lead concentrate from its producing Don Roman mine and mill, located in Choix, Mexico. Management is focused on creating long-term shareholder value as this capital is deployed to increase throughput, enhance resources, further outline new discoveries/targets, and acquire additional strategic assets. Tara’s strength in recognizing value early and strategy of reducing risk through a foundation of cash flow, positions it for low-risk value creation.
www.taraminerals.com
Trueclaim Exploration Inc. (OTCQX: TRMNF) (TSX-V: TRM)
Trueclaim Exploration Inc. is a mineral exploration company. Trueclaim is engaged in the acquisition and development of precious and base metals properties in strategically located areas, currently within Ontario and Arizona.
The Company's current principal project is the former Scadding Gold Mine near Sudbury, Ontario. The Scadding claims are part of approximately 45,000 acres the Company has assembled in this area.
Contact
Jim Elbert
jelbert@trueclaim.ca
www.trueclaimexploration.com
Speakers:
Peter Grandich
Grandich is the founder of Grandich.com and Grandich Publications, LLC, and is editor of The Grandich Letter which was first published in 1984. On his internationally-followed blog, he comments daily about the world's economies and financial markets and posts his views on social and political topics. He also blogs about a variety of timely subjects of general interest and interweaves his unique brand of humor and every-man "Grandichism" expressions with his experience gained from more than 25 years in and around Wall Street. The result is an insightful and intuitive look at business, finances and the world, set in a vernacular that just about anyone can understand. In his first year, Grandich's wildly-popular blog had more than one million views. Grandich also provides a variety of services to publicly-held corporations on a compensation basis.
Lawrence Roulston
Roulston, editor, is a geologist, with engineering and business training, and more than 20 years of hands-on experience in the resource industry. Lawrence is ideally suited to publish Resource Opportunities. After completing his studies at the University of British Columbia in 1975, Mr. Roulston worked as an analyst for Cominco Ltd. and for a mid-sized Calgary oil group for several years. In 1984 he became the CFO for a group of mineral exploration companies. He was also vice-president in an investment management firm focused on the resource industry. From 1994 to 1997, he was CEO and director of a mineral exploration company.
Email: info@resourceopportunities.com
http://www.resourceopportunities.com
Stephen Whiteside
Stephen Whiteside is the CEO of Whiteside Analytics, and founder of www.TheUpTrend.com.
Stephen started trading commodities in 1984 and became heavily involved in technical analysis in 1987. In 1999, Stephen started sharing his proprietary charts online and attracted an online following. As his online following grew, Stephen started his online charting service TheUpTrend.com in 2001. Currently, TheUpTremd.com has clients in 43 countries and provides daily analysis on over 2,000 of the most actively traded stocks, indexes, ETF's and commodities.
Eric Coffin
Eric Coffin, Hard Rock Analyst http://www.hraadvisory.com
Eric is the "financial analysis" side of the Hard Rock Analyst team and holds a degree in Corporate and Investment Finance. He has extensive experience in merger and acquisitions and small company financing and promotion. For many years he tracked the financial performance and funding of all exchange listed Canadian mining companies and has helped with the formation of several successful exploration ventures.
Eric has been interviewed on national and local TV and radio in Canada and the US for his opinions on resource trends and is a frequent contributor to several third party publications and a number of resource, gold, metals and market related Internet sites.
He regularly speaks at a number of North American gold and resource conferences. He was one of the first analysts (along with brother David) to point out the disastrous effects of gold hedging and gold loan capital financing (1997) and to predict the start of the current secular bull market in commodities based on the movement of the US Dollar (2001) and the acceleration of growth in Asia and India.
Eric reviews data from hundreds of companies seeking strong management and finance teams in undiscovered companies for HRA's readers. Combined with good share structures and projects that David likes, these companies have the potential to make the HRA list and generate gains for their readers.
Siddharth Rajeev
Siddharth Rajeev, B.Tech (Electronics Engineering), MBA (Finance), CFA Vice-President - Head of Research for Fundamental Research Corp
http://www.researchfrc.com
At Fundamental Research Corp, Sid heads the research department which covers over 150 small and micro cap companies and 15 exempt market/private issues from a broad array of industries including Energy, Mining, Real Estate and Technology. He also manages the FRC list of Top Picks, which are the stocks under coverage which he has the highest conviction level about. These picks have historically helped the firm finish strong in various third party analyst performance rankings. Sid holds a Bachelor of Technology degree in Electronics Engineering from Cochin University of Science & Technology, and an MBA (Finance) from The University of British Columbia. He is a CFA Charterholder, and has completed studies in exploration and prospecting at the British Columbia Institute of Technology. Sid is sought by the media for commentary on the valuation of small cap stocks and industries he covers. He is also co-author of two online courses including the very successful "Evaluation of Junior Mining Companies for Investment Purposes" which has evolved into classroom courses, seminars, and is in demand at investment conferences across North America.
Media sponsors include the Streetwise Reports / Gold Report, mining investor sites Mine Snooper www.minesnooper.com , International Mining Research Inc (www.internationalminingresearch.com) and the investor research magazine, the Opportunist.
About www.InvestorIdeas.com: Investor Ideas that Can Change the World
Investor Ideas is a global financial media online destination specialized in sector investing content including mining and energy stocks.
About SmallCapVoice.com, Inc.: Specializing in Covering Small Cap Stocks & Providing Small Cap Investor Relations
Recognized corporate investor relations firm SmallCapVoice.com, Inc. is known for its ability to help emerging growth companies build a following among retail and institutional investors.
Disclaimer: Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions and online advertising. www.InvestorIdeas.com/About/Disclaimer.asp
Disclosure: YLL is also a featured showcase stock on Investorideas.com
Learn more: http://www.investorideas.com/About/News/Clientspecifics.asp
Presenting mining stocks paid a conference fee to participate of $1500
Contact
Cali Van Zant: 800-665-0411 - cvanzant@investorideas.com
Stuart T. Smith CEO
512-267-2430
ssmith@smallcapvoice.com
Source - Investorideas.com, SmallCapVoice.com

Q&A Interview Argentina Ethical Gold Stock Soltera Mining Corp. (OTCPK: SLTA)

Point Roberts, WA - June 09, 2011 - www.InvestorIdeas.com, a leader in sector stock research including mining stocks, release a Q&A interview with Dr. Fabio Montanari, President/CEO of Soltera Mining Corp. (OTCPK:SLTA) (FRANKFURT:SN7) for interested gold stock investors.

Q- Investorideas.comInterview

Dr. Fabio Montanari, let's start with the two announcements regarding assay results. They seem contradictory, with one reporting low gold values and the other some very high gold values, so what does this mean?

A- Fabio Montanari

The difference is because the samples were from test work on two very different types of gold deposit.

The main potential of the El Torno property is for large deposits of vein and bedrock gold, but there are also much smaller deposits of weathered surface (called eluvial) material that can contain free gold. The first announcement concerned test work on eluvial material whereas the second concerned analyses from part of the main vein system.

Q- Investorideas.com

Why bother with the eluvial deposits if they are small and, in any case what went wrong with the eluvial test work?

A- Fabio Montanari

We were looking at the eluvial material because there is a simple gravitational processing plant already in place that had been used successfully in the past by the mineral title owner and it offered the real possibility of generating a rapid cash flow that would pay for exploration of the main targets. Initial operation of the plant produced gold in the form of tiny nuggets and the next logical step was to test an area of potential eluvial feedstock to see if there was enough for a commercial operation. Any production by this means would be ideal for Goldlake's agreement to supply ‘ethical gold' to Cartier.

The sampled area, about 35 of the 7 861hectares (19,424 acres) included in the property, was selected because it had a good thickness of weathered material, all the necessary permissions for surface extraction, and is relatively close to the processing plant. Part of the area had also been worked previously by the mineral title owner. However, extensive and detailed test work showed that although small amounts of gold are distributed widely throughout the area, the tonnage of material containing higher values is insufficient to justify a commercial operation from this location. There was simply less gold than we had anticipated and, as a result, we cannot go into production immediately as we wished. There are, however, other areas of eluvial material throughout the property that could contain gold and these will be examined in due course.

Q- Investorideas.com

So what is the significance of the very high gold values in the second announcement?

A-Fabio Montanari

The high gold values are very exciting and very significant.

We already knew from old records that a gold-rich zone, said to be about one and a half meters wide, extends along the western edge of the main vein system. Drilling in the 1990s showed that the zone extends to at least 110 meters depth and suggested an average gold grade around 10 gpt. Soltera geochemical surveys also suggest that the zone extends for most of the 14 km vein length. This gold zone is a major exploration target.

Although we had been concentrating on eluvial material, I decided to look more closely at surface expressions of the gold zone. I selected a 300 meter long stretch marked by old workings and trenches, and took samples of various rock types such as white quartz or iron-rich breccias to find out where gold was concentrated. A few were simply grab samples (lumps of a particular rock type), but most were channel samples which means literally cutting a channel several centimeters wide and deep through the rock over a distance of 1 or 1.5 meters. The gold analysis of a channel sample indicates the average gold over the length sampled.

The results were startling to say the least. They included channel samples of 6.5 meters with between 6.2 and 8.8 g/t Au, 1 meter at 14.95 g/t Au, 1 meter at 20.9 g/t Au, and 1.5 meters at 376 g/t Au. The mean value of the 17 samples containing more than 1 g/t Au (with the 376 g/t Au cut to 100 g/t Au) was 11 g/t Au.

The data confirms the existence of the rich gold zone along the flank of the main vein as indicated by earlier drilling and indicates that in some places it is considerably thicker than previously thought (up to 6.5 meters). Some gold mineralization was even detected in part of the main vein system where it had not been previously recognized. The results open up all sorts of possibilities for the future, including that of possible surface production from ‘hot spots' over parts of the vein. It definitely means there should be intensive sampling along the full 14 km length of the vein system.

Q- Investorideas.com

And what about the Goldlake announcement?

A-Fabio Montanari

Goldlake evidently appreciate the potential for gold at El Torno and decided to back us despite the setback over eluvium gold production. We are really looking forward to moving rapidly on some serious exploration of the main vein and dispersed bedrock gold targets.

Q- Investorideas.com

So what's next for Soltera?

A- Fabio Montanari

Intensive exploration of the major gold targets and fulfilling the listing requirements.

Under the terms of the agreement with the mineral title owner, we have eighteen months to decide whether or not the property is worth purchasing outright. This means we have to acquire sufficient information to make a firm decision.

The next step will be detailed mapping and sampling along the full length of the vein and over parts of the dispersed gold targets that are marked by strong geochemical anomalies. At the same time, we are planning a geophysical survey over part of the main vein system. The net result of this work will be to define drill targets and we intend to start drilling during the next field season which commences in September this year. If ‘hot spots' are detected along the gold-rich zone, we will look at the possibility of future surface production, but our main emphasis must be on the major targets.

In addition, we intend to bring all our SEC and BCSC filings up to date in order to become fully compliant with all reporting procedures.

About El Torno

The El Torno project is located in the extreme north of Argentina in rolling country of the high Andes at a height of around 4,000 meters. Soltera holds options over 78 km 2 of highly prospective ground that contains a very large gold-bearing quartz vein system extending intermittently for 14 km with veins up to 20 meters wide, and the area has potential for major gold deposits of two types; large gold-rich quartz vein deposits suitable for underground mining, and gold-bearing quartz vein swarms within the country rocks suitable for large-scale open-pit mining.

Investors can view the mining company profile for Soltera Mining Corp. athttp://www.investorideas.com/CO/SLTA/

Soltera Mining Corp. (OTCPK: SLTA) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.

Visit the company website athttp://www.solteramining.com/

Request news and stock alerts from Soltera Mining Corp.http://www.investorideas.com/Resources/Newsletter.asp

Contacts:

Soltera Mining Corp. 
Fabio MontanariPresident/CEO 
1-888-768-5552 or 1-303-800-5752 
info@solteramining.com 
fmontanari@solteramining.com

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Disclaimer: The following company profile release for Soltera Mining is a paid for submission as a showcase companies (five hundred per month) Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.

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Gold and Mining Stocks; Currie Rose (TSX.V:CUI) (OTC:CUIRF) Prepares for 10,000 Metre Drill Program in Tanzania

ST. CATHARINES, ONTARIO - June 9, 2011 (Investorideas.com Mining stocks Newswire) - Currie Rose (TSX.V:CUI) (OTC:CUIRF) is pleased to announce that its 2011 field season in Tanzania is well underway and an initial 10,000 metres of drilling is scheduled to begin this month. The Company has been exploring a land package comprising hundreds of square kilometres in the prolific Lake Victoria Greenstone Belt since 2005. This summer will be the Company's busiest yet as it advances two major projects.

Sekenke Project
A report by Perth-based Earthsan Pty Ltd. has provided Currie Rose with a new satellite imagery interpretation (Landsat 7 ETN imagery) that has identified numerous zones of alteration at Sekenke coupled with strong structural evidence often associated with gold mineralization in the region. Of particular note is that the dominant northwest trending structure that transects Tanzania has been clearly shown to extend from the Handeni Gold District near Dar es Salaam through Sekenke. North-south cross cutting structures have also been identified within the package.
"We'll be drilling Sekenke for the first time ever this summer and we're extremely excited," stated Harold Smith, Currie Rose President and CEO. "This nearly 300-square kilometre land package surrounding two former high grade mines gives us a flagship property that we intend to explore and develop aggressively. We have completed an extensive amount of field work at Sekenke over the past couple of years, including just recently with more to come, and we believe the discovery potential is significant given all the geological evidence we've collected from our own work in addition to historical information. We're proceeding in a careful and systematic fashion with so many potential targets in order to conduct the most efficient and effective drill campaign possible."
Results from new rock and soil sampling at Sekenke are expected in the near future. A deep-penetrating IP (induced polarization) survey will be conducted and then all data will be analyzed in order to pinpoint the most prospective targets for the 5,000 metre Phase 1 program.
Mabale Hills Project
As important ground work continues at Sekenke, drilling will begin at Currie Rose's Mwamazengo Property later this month. Geochemical analysis has outlined a continuous anomaly over a few hundred metres that runs parallel to the west of the Mwamazengo discovery where previous drill results included notable high grade intercepts such as 34 metres grading 3.60 g/t Au, 12 metres grading 9.11 g/t Au, 63 metres grading 2.59 g/t Au, and 31 metres grading 5.97 g/t Au.
Company geologists are eagerly looking forward to revisiting Mwamazengo with a new drill program. The 6,000 metres drilled to date by Currie Rose has outlined a mineralized zone that is continuous for 240 metres along strike and down dip from the surface to approximately 200 metres and remains open at depth.
Elsewhere at Mabale Hills, Currie Rose will be conducting follow-up drilling at Sisu River, six kilometres northeast of Mwamazengo. A first-pass program late last year outlined a significant near-surface expression at Sisu River with a gold zone that is open both to the north and the south and also at depth. Upcoming drilling at Sisu River will target mineralization below that drilled in 2010 and will also seek to extend mineralization along strike.
Drilling will also be conducted at Currie Rose's Dhahabu Prospect, a few kilometres northeast of Sisu River.
BY ORDER OF THE BOARD OF DIRECTORS OF CURRIE ROSE RESOURCES INC.
Harold Smith, President
The technical information in this News Release has been reviewed and approved by Michael Griffiths MAusIMM, a qualified person as defined by National Instrument No. 43-101, and a Director of Currie Rose Resources Inc. and Executive Director of Chalice Gold Mines Limited.
"This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements relating to the potential mineralization and geological merits of the and properties and other future plans, objectives or expectations of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. 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 except as otherwise required by applicable securities legislation."
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.
Contact:
Harold Smith
Currie Rose Resources Inc.
President
(905) 688-9115
www.currierose.com

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Gold Stocks; GOLD BULLION (TSX-V: GBB) IDENTIFIES STRONG, NEW VEIN STRUCTURE AT CASTLE SILVER MINE, GOWGANDA

VANCOUVER - June 8, 2011 (Investorideas.com Mining stocks Newswire) - Gold Bullion Development Corp. (CDNX:GBB.V) (Other OTC:GBBFF.PK) ("Gold Bullion") announces that it has completed a 43-101 Technical Report on its Castle Silver Mine property, which has been filed on SEDAR and can also be viewed on the Company's website at http://www.GoldBullionDevelopmentCorp.com. Gold Bullion is nearing completion of its 6000m first-phase drill program with a total of 4861 metres, as of May 31st, having been completed in 10 holes. A strong new vein structure was identified at the location of the first IP target tested.

The Company's Castle Silver Mine property, located 85 kilometres northwest of the historic silver camp in Cobalt, Ontario consists of 34 leased mining claims and two licenses of occupation located in Haultain and Nicol Townships, covering approximately 564.4 hectares. The mine has been in operation at various times from 1917 to 1989 and produced a total of 763,127,010 grams of silver from the No. 3 shaft. This included Agnico-Eagle Mines Ltd.'s production from 1979 to 1989 which came to 101,024 tonnes milled; 91,421,294 grams silver; 34,597 kilograms cobalt and 10,180 kilograms copper. Operations shut down in 1989 due to low silver prices.
Mine workings were originally accessed by an adit level entrance on the 21.3 metre (70-foot) level as well as a vertical shaft. Water level measurements have ascertained that this uppermost level is above the mine's water level. Based on this determination, the Company has submitted a preliminary closure plan to allow the re-opening of the adit to map and re-sample this upper level. This can be done without having to dewater the mine. Once this initial re-evaluation has been completed, the Company will determine whether to proceed with the complete dewatering of the workings.
The mandate of this first phase of drilling is to identify the geometry and stratigraphy of the mafic diabase intrusive sill to which the silver-cobalt quartz-carbonate veins are spatially related. Of particular importance are fault structures sub-parallel to the contacts of this intrusive body. The drilling is attempting, at the same time, to define the strength of known vein structures from historic workings as well as testing specific IP targets identified by a recent geophysical survey.
To date, several significant vein structures have been intersected. The potential extensions to two strong historical structures have been tested but need further work before they can be confirmed. No sample analyses have been received to date. In keeping with the aim of mapping the stratigraphy of the 300m-thick intrusive sill, four holes have traversed the entire thickness enabling a detailed analysis of subtle differences in mineralogy and alteration and the identification of the location the low-angle faults which are important mineralization indicators.
Historically, exploration in the Gowganda - Elk Lake area has focused on the upper one-third of the Nipissing diabase sill and most of the resulting historic production from the Gowganda area has been mined from this horizon. However, an estimated 75 percent or more of the silver mined from all the silver mines between Gowganda and Silver Centre in South Lorrain south of Cobalt, Ontario - has been mined from outside this horizon.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of its Granada Gold Property near Rouyn-Noranda, Quebec, and its high grade Castle Silver Mine in Gowganda, Ontario.
For more information on Gold Bullion Development Corp. (TSX-V: GBB, OTC PK: GBBFF), visit our web site: http://www.GoldBullionDevelopmentCorp.com
Qualified Person
Mr. Doug Robinson, P.Eng., is the qualified person as defined by National Instrument 43-101 who supervised the preparation and verification of the technical information in this release.
"Frank J. Basa"
Frank J. Basa, P.Eng.
President and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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Q&A Interview with President/CEO of Gold Stock Soltera Mining Corp. (OTCPK: SLTA): Ethical Gold in Argentina

Point Roberts, WA - June 08, 2011 - www.InvestorIdeas.com, a leader in sector stock research including mining stocks, release a Q&A interview with Dr. Fabio Montanari, President/CEO of Soltera Mining Corp. (OTCPK:SLTA) (FRANKFURT:SN7) for interested gold stock investors.

On May 5th, 2011 Soltera reported some exciting gold assay results from a chip and channel program on sections of the 14 km long gold-bearing quartz vein system that spans their El Torno property in northern Argentina. Those results included a mind-boggling 1.5 meters at 376 g/t. This announcement, however, came on the heels of an April 27th release stating that test work on an eluvial (weathered surface material) area designated to provide feed for the existing gravity plant showed insufficient gold for exploitation.
Then on May 25th Soltera announced that Goldlake Italia S.p.A ("Goldlake"), a company that has an agreement to supply "ethical gold" to Cartier Jewelers, intends to invest a further US$900,000 into Soltera by June 30th 2011.
InvestorIdeas.com interview with Dr. Fabio Montanari sheds light on the relevance of these three announcements and tells investors about his current plans at Soltera Mining's flagship Argentine gold property, El Torno.
Dr. Fabio Montanari has an international mining career of over twenty-five years, including senior experience spearheading advanced exploration and mining activities in Africa, South America, Europe, Canada and the United States for a host of internationally recognized exploration and mining companies including: Asarco (US), Golden Star (UK), ENI Group (Italy) and Normabec (CAN). Dr. Montanari has also been a geological consultant to the United Nations under the U.N. Technology Cooperation Schemes.
Q- Investorideas.com
Dr. Fabio Montanari, let's start with the two announcements regarding assay results. They seem contradictory, with one reporting low gold values and the other some very high gold values, so what does this mean?
A- Fabio Montanari
The difference is because the samples were from test work on two very different types of gold deposit.
The main potential of the El Torno property is for large deposits of vein and bedrock gold, but there are also much smaller deposits of weathered surface (called eluvial) material that can contain free gold. The first announcement concerned test work on eluvial material whereas the second concerned analyses from part of the main vein system.
Q- Investorideas.com
Why bother with the eluvial deposits if they are small and, in any case what went wrong with the eluvial test work?
A- Fabio Montanari
We were looking at the eluvial material because there is a simple gravitational processing plant already in place that had been used successfully in the past by the mineral title owner and it offered the real possibility of generating a rapid cash flow that would pay for exploration of the main targets. Initial operation of the plant produced gold in the form of tiny nuggets and the next logical step was to test an area of potential eluvial feedstock to see if there was enough for a commercial operation. Any production by this means would be ideal for Goldlake's agreement to supply ‘ethical gold' to Cartier.
The sampled area, about 35 of the 7 861hectares (19,424 acres) included in the property, was selected because it had a good thickness of weathered material, all the necessary permissions for surface extraction, and is relatively close to the processing plant. Part of the area had also been worked previously by the mineral title owner. However, extensive and detailed test work showed that although small amounts of gold are distributed widely throughout the area, the tonnage of material containing higher values is insufficient to justify a commercial operation from this location. There was simply less gold than we had anticipated and, as a result, we cannot go into production immediately as we wished. There are, however, other areas of eluvial material throughout the property that could contain gold and these will be examined in due course.
Q- Investorideas.com
So what is the significance of the very high gold values in the second announcement?
A-Fabio Montanari
The high gold values are very exciting and very significant.
We already knew from old records that a gold-rich zone, said to be about one and a half meters wide, extends along the western edge of the main vein system. Drilling in the 1990s showed that the zone extends to at least 110 meters depth and suggested an average gold grade around 10 gpt. Soltera geochemical surveys also suggest that the zone extends for most of the 14 km vein length. This gold zone is a major exploration target.
Although we had been concentrating on eluvial material, I decided to look more closely at surface expressions of the gold zone. I selected a 300 meter long stretch marked by old workings and trenches, and took samples of various rock types such as white quartz or iron-rich breccias to find out where gold was concentrated. A few were simply grab samples (lumps of a particular rock type), but most were channel samples which means literally cutting a channel several centimeters wide and deep through the rock over a distance of 1 or 1.5 meters. The gold analysis of a channel sample indicates the average gold over the length sampled.
The results were startling to say the least. They included channel samples of 6.5 meters with between 6.2 and 8.8 g/t Au, 1 meter at 14.95 g/t Au, 1 meter at 20.9 g/t Au, and 1.5 meters at 376 g/t Au. The mean value of the 17 samples containing more than 1 g/t Au (with the 376 g/t Au cut to 100 g/t Au) was 11 g/t Au.
The data confirms the existence of the rich gold zone along the flank of the main vein as indicated by earlier drilling and indicates that in some places it is considerably thicker than previously thought (up to 6.5 meters). Some gold mineralization was even detected in part of the main vein system where it had not been previously recognized. The results open up all sorts of possibilities for the future, including that of possible surface production from ‘hot spots' over parts of the vein. It definitely means there should be intensive sampling along the full 14 km length of the vein system.
Q- Investorideas.com
And what about the Goldlake announcement?
A-Fabio Montanari
Goldlake evidently appreciate the potential for gold at El Torno and decided to back us despite the setback over eluvium gold production. We are really looking forward to moving rapidly on some serious exploration of the main vein and dispersed bedrock gold targets.
Q- Investorideas.com
So what's next for Soltera?
A- Fabio Montanari
Intensive exploration of the major gold targets and fulfilling the listing requirements.
Under the terms of the agreement with the mineral title owner, we have eighteen months to decide whether or not the property is worth purchasing outright. This means we have to acquire sufficient information to make a firm decision.
The next step will be detailed mapping and sampling along the full length of the vein and over parts of the dispersed gold targets that are marked by strong geochemical anomalies. At the same time, we are planning a geophysical survey over part of the main vein system. The net result of this work will be to define drill targets and we intend to start drilling during the next field season which commences in September this year. If ‘hot spots' are detected along the gold-rich zone, we will look at the possibility of future surface production, but our main emphasis must be on the major targets.
In addition, we intend to bring all our SEC and BCSC filings up to date in order to become fully compliant with all reporting procedures.
About El Torno
The El Torno project is located in the extreme north of Argentina in rolling country of the high Andes at a height of around 4,000 meters. Soltera holds options over 78 km 2 of highly prospective ground that contains a very large gold-bearing quartz vein system extending intermittently for 14 km with veins up to 20 meters wide, and the area has potential for major gold deposits of two types; large gold-rich quartz vein deposits suitable for underground mining, and gold-bearing quartz vein swarms within the country rocks suitable for large-scale open-pit mining.
Investors can view the mining company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Soltera Mining Corp. (OTCPK: SLTA) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina. Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.
Visit the company website athttp://www.solteramining.com/
Request news and stock alerts from Soltera Mining Corp. http://www.investorideas.com/Resources/Newsletter.asp
Contacts:
Soltera Mining Corp.
Fabio MontanariPresident/CEO
1-888-768-5552 or 1-303-800-5752
info@solteramining.com
fmontanari@solteramining.com
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Disclaimer: The following company profile release for Soltera Mining is a paid for submission as a showcase companies (five hundred per month) Our sites do not make recommendations. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. We attempt to research thoroughly, but we offer no guarantees as to the accuracy of information presented. All Information relating to featured companies is sourced from public documents and/ or the company and is not the opinion of our web sites. This site is currently compensated by featured companies, news submissions, company profile submissions and online advertising.
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Mining and Gold Stocks News; LOMIKO (TSX-V: LMR; OTC: LMRMF) ESTABLISHES EXPLORATION CAMP AT VINES LAKE GOLD PROJECT

Vancouver - June 6, 2011 (Investorideas.com mining stocks newswire) – LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) ("Lomiko" or "the Company) Exploration Manager Lesley Hunt has reports that Lomiko has established an exploration camp to coordinate activities related to the summer exploration program at Vines Lake. Lomiko holds the rights to three contiguous mineral tenures, totaling 1,169 Ha (2,888 Acres) located in the southwestern corner of the Cassiar Gold District or ‘Cassiar Gold Camp'. Exploration activities are to commence in June, 2011 and continue until September, 2011.

This program is designed to target both potentially high-grade gold vein systems, as seen at the adjacent Table Mountain Mine, in addition to the prospect of intrusion related mineralization. Phase I of the program is targeted to begin as soon as weather and snow conditions permit. Phase II will explore follow-up targets resulting from the geological mapping, geochemical and ground geophysical surveys resulting from Phase I.
Due to the property's close proximity to formerly producing mines with a proven history in the Cassiar Mining Camp, it is the opinion of the company that potential exists on the 100% owned Vines Lake Property for discovering new high-grade gold vein systems. Also, there is a potential for other intrusion related mineralization in proximity to the Cassiar Batholith and its associated boundary contacts, over which Lomiko's Vines Lake property claims are located.
Cassiar Area Highlights:

• A new company with Chinese investors known as China Minerals Mining Corporation is located adjacent to the property.
• A fully permitted 270 tonne per day, gravity and flotation mill, power plant, assay laboratory and tailings impoundment facility is owned by China Minerals.
• Approximately 316,000 ounces of gold have been produced at the adjacent Table Mountain Mine from 1979-2007 under various companies.
• Current Resource Estimates for the Table Mountain Mine are 21,471 tonnes grading 18.02 g/t indicated and 65,757 tonnes grading 24.3 g/t inferred were reported at the adjacent property in the May, 2010 NI43-101 Technical Report on the Table Mountain Property by C. Pearson and F.J. Bakker.

Vines Lake Highlights:

• Two significant anomalies have been identified by geophysical surveys.The claims cover formations of the Sylvester group, which are known to contain productive zones of gold mineralization in the area.
• The Vines Lake Property is located approximately two kilometres southwest of the former Erickson gold mine.
• Highway 37 N bisects the property north to south providing excellent access.

Mr. Garth Kirkham, P.Geo is a Director of Lomiko Metals Inc. in addition to being the Qualified Person for the Vines Lake Project and has reviewed the technical data in this news release.
For more information, please contact Paul Gill at 604­729­5312 Email: lomiko@dccnet.com. Website: www.lomiko.com.
On behalf of Lomiko Metals Inc,
Signed: "A. Paul Gill"
A. Paul Gill, President & CEO
We seek safe harbor. 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.

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Gold and Mining Stocks; YALE (TSX-V: YLL) COMPLETES GEOPHYSICS PROGRAM AT LOS AMOLES - PARTNER COMMITS TO NEXT TERM OF AGREEMENT

May 31, 2011 (Investorideas.com Mining stocks Newswire) - Yale Resources Ltd. (TSX-V: YLL and Frankfurt: YAB) is pleased to report a geophysics program has finished at the Los Amoles Property located in central Sonora State and that our partner, Sonora Resources Corp. has committed to the next term of the Agreement with Yale by issuing to Yale an additional 200,000 shares in Sonora Resources (SURE-OTC). Yale now owns 400,000 shares in Sonora Resources.

The recently completed geophysics consisted of both IP and magnetic susceptibility covering a nine (9) square kilometer area with 28 line kilometres of grid. Initial results appear encouraging; however final results and report are expected in approximately two weeks.
In addition, 124 rock samples were taken from historic workings, mineralized dumps and outcrops. Samples have been submitted to Inspectorate Labs' preparation facility in Hermosillo. Results are expected in approximately three weeks.
About the Los Amoles Property:
The early stage wholly owned 16.3 square kilometre Los Amoles Property is located approximately 150 kilometres northeast of the Hermosillo, Sonora State, Mexico. The property is 10 kilometres northeast of the La Caridad Mine, operated by Grupo Mexico, which is one of the largest mining and processing complexes in Mexico.
Sonora Resources Ltd. (previously Nature's Call) has an option to earn a 70% interest in the property by paying to Yale US $ 50,000 (received), spending US $ 900,000 on exploration expenditures and issuing 1,000,000 shares (400,000 have been received) to Yale over three years.
Work performed to date by Yale has concentrated on an area (the Rosales area) that is on the south eastern edge of a 4.0 by 2.75 km regional magnetic anomaly. Yale's interpretation is that the Rosales area represents silver-lead +/- gold veins that are distal to a porphyry system. The potential for this regional anomaly to reflect a buried porphyry has yet to be tested. Many of Sonora's most significant porphyry deposits are located within 70 km of the Los Amoles property.

Samples from Los Amoles were prepared and analyzed by IPL Inspectorate in their facilities in Mexico and Vancouver, respectively. Samples generally consisted of 1-3 kg of material. Gold and silver analyses were performed by 30 gram fire assay with an AA finish. Samples with greater than 100 g/t silver were re-assayed using gravimetric methods.

Ian Foreman, P.Geo., is Yale Resources' Qualified Person, as defined by National Instrument 43-101. The Los Amoles property is an early stage project that requires additional sampling and geological mapping to fully determine the project's potential.

On behalf of the Board,
"Ian Foreman"
Ian Foreman, P.Geo.
President
Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. For additional information on Yale Resources please call the Company at 604-678-2531
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.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
Contact:
Yale Resources Ltd.
Ian Foreman
604-678-2531

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