Argentina Mining's Blog I Latest news on Mining in Argentina

Este blog fue creado para publicar novedades sobre la mineria en Argentina, complementando así nuestro web y presencia en redes sociales. Como todas nuestras actividades, apunta a conectar a la comunidad minera argentina y establecer un ámbito de promoción de la actividad en el mundo, generando oportunidades de negocios.
---
This blog was created to publish news on argentinean mining, thus complementing our website and presence in social networks. As all of our activities, it intends to connect the mining community in Argentina and provide a place to promote the activity in the world, developing business opportunities.

23 sept 2009

La Mancha Appoints New Board Member


MONTREAL, QUEBEC--(Marketwire - Sept. 22, 2009) - La Mancha Resources Inc. (TSX:LMA) (hereinafter "La Mancha") today announced that its Board of Directors has appointed Mr. Yann Guilbaud as a director of La Mancha to fill the vacancy on the Board of Directors. Mr. Guilbaud is the Vice President, Legal of the Mining Business Group of AREVA NC since June 2009. He previously held the position of General Counsel of Veolia Water Solutions & Technologies.

ABOUT LA MANCHA RESOURCES INC. :

La Mancha Resources Inc. is an international gold producer based in Canada with operations, development projects and exploration activities in Africa, Australia and Argentina. La Mancha's shares trade on the Toronto Stock Exchange (TSX) under the symbol "LMA". For more information, visit La Mancha's website at www.lamancha.ca.

For more information, please contact

La Mancha Resources Inc.
Martin Amyot
Vice President Corporate Development
514-987-5115
info@lamancha.ca





Plato Gold Announces Increased Private Placement


TORONTO, ONTARIO--(Marketwire - Sept. 17, 2009) - 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 that it is increasing the size of its previously-announced non-brokered private placement (the "Offering") up to $750,000. Pursuant to the Offering, the Company will offer up to an aggregate of 16,666,667 flow-through units (the "Flow-Through Units") or non-flow-through units (the "Units"), or combination thereof, at a price of $0.045 per Flow-Through Unit and $0.045 per Unit for gross proceeds of up to approximately $750,000, which includes the previously-disclosed $650,000 placement from Mineralfields Group.

Each Flow-Through Unit shall consist of one common share which qualifies as a "flow through share" for purposes of the Income Tax Act (Canada) and one common share purchase warrant. Each warrant partially comprising the Flow-Through Units shall be exercisable to acquire one common share of the Company for a period of two years from the date of issuance thereof at an exercise price of $0.10 per share. The proceeds from the sale of the Flow-Through Units will be used by the Company for exploration work on its properties in the Val d'Or region in Quebec and its properties in the Timmins area in Ontario.

Each Unit shall consist of one common share and one common share purchase warrant. Each common share purchase warrant shall be exercisable to acquire one common share of the Company for a period of two years from the date of issuance thereof at an exercise price of $0.10 per share. The proceeds from the sale of the Units will be used by the Company for working capital and general corporate purposes.

Closing of the offering is subject to receipt of all required regulatory approvals, including approval of the TSX Venture Exchange.

Assuming completion of the maximum offering, there will be 88,388,449 common shares of the Company issued and outstanding (135,244,522 common shares on a fully diluted basis).

Mr. Anthony Cohen, President and CEO of Plato Gold, stated "I am very pleased to announce that because of our current financing, Plato Gold Corp. will be able to drill 3D modeling generated targets in both Val d'Or, Quebec and Timmins, Ontario. It is our goal to increase the size of our NI 43-101 compliant resource in Val d'Or through our drill program. In the Timmins camp, our Silver Fox property is well-situated along the Destor Porcupine fault zone (DPFZ). We look forward to drill results from our property, as well as from Apollo Gold Corp.'s Grey Fox project, which is currently being drilled approximately 1.5 km on strike from Silver Fox".

It is anticipated that certain insiders of the Company will subscribe for an aggregate of $50,000 worth of Flow-Through Units or Units pursuant to the Offering. Each of such persons is considered a non-arm's length party to the Company and the Offering is deemed to be a related party transaction pursuant to Multilateral Instrument 61-101 ("MI 61-101").

The Issuer does not propose to obtain a valuation or seek approval of the majority of its minority shareholders in respect of the Offering but instead intends to rely on the following exemptions from such requirements available pursuant to MI 61-101: (A) the exemption from the formal valuation requirement contained in subsection 5.5(c) of MI 61- 101 (Distribution of Securities for Cash); and (B) the exemption from the majority of minority shareholder approval requirement contained in subsection 5.7(b) of MI 61-101 (Fair Market Value Not More Than $2,500,000).

The Offering is expected to close on or about September 26, 2009 (or such other date or dates as the Company may determine in its discretion), which date is reasonable and necessary in the circumstances to enable the Company to fund its proposed drill programs. Closing of the offering is subject to receipt of all required regulatory approvals, including approval of the TSX Venture Exchange. All of the securities issued pursuant to this offering will have a hold period expiring 4 months after the closing date.

About MineralFields, Pathway and First Canadian Securities ®

MineralFields Group (a division of Pathway Asset Management), based in Toronto and Vancouver, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at www.mineralfields.com. First Canadian Securities ® is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

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 7 properties: Nordeau Bateman, Vauquelin, Vauquelin Pershing, Vauquelin Horseshoe, Pershing Denain, Hop O'My Thumb and Once Upon a Time. All 7 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 225,342tonnes; and
inferred resources of 146,315 oz Au on average grade of 4.09 g/t and1,112,321 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 proposed private placement and closing thereof, 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: raising less than the required amount; not realizing on the anticipated benefits from the offering transaction or not realizing on such anticipated benefits within the expected time frame; 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
http://www.platogold.com/



Mansfield Minerals Inc.: Prefeasibility Study Update, Lindero Oxide Gold Deposit, Salta Province, Argentina


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 18, 2009) - Mansfield Minerals Inc. (Mansfield or the "Company") (TSX VENTURE:MDR) is pleased to provide a prefeasibility study update on the Lindero heap leach oxide gold deposit, Salta Province, Argentina. AMEC Americas Limited is over-seeing completion of this study with a delivery date currently projected in late Q4 2009. The Lindero gold deposit hosts an NI 43-101 compliant measured and indicated oxide gold resource of 70.3 MT grading 0.72 grams/tonne containing 1.6 million oz gold. There is an additional 270,000 oz gold at 0.61 grams/tonne in the inferred category (Golder Associates, 2008). The afore-mentioned resources are calculated at a cut-off grade of 0.45 grams/tonne gold.

The AMEC prefeasibility study is presently modeling an open-pit heap-leach operation which suggests a mining rate (total material moved) ranging from 12 to 22 million tonnes per annum, delivering 7 to 9 million tonnes per year to the leach pad at strip ratios in the 1.0 to 1.3 to 1 range. The above projections are based upon the project metrics that are presently known, however the Company cautions that the mineral resources are not mineral reserves and have not been demonstrated to be economically viable.

Metallurgical studies are ongoing at Kappes Cassiday & Associates in Reno, Nevada, under the supervision of American Au Ag Associates. A high pressure grinding roll system appears to be the appropriate crushing system to optimize costs, recoveries, and project economics. Heap leach oxide gold recovery is estimated at 70%+ (previously announced). The Lindero gold deposit carries an average copper grade in the range of 0.10%. Leach tests by Kappes Cassiday show a copper content in leach solution of 153.3 ppm, well below the threshold at which the copper content could be of concern with respect to the gold recovery and cyanide consumption. The Company does not plan on recovering copper.

The Company has engaged Vector Argentina S.A., a division of an international engineering group, to commence the mine permitting process.

This news release has been reviewed by Gordon P. Leask, P.Eng., President and CEO of the Company, and a Qualified person ("QP") as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Mansfield Minerals Inc. Mansfield is a mining exploration company which has focused its activities in northwestern Argentina since August 1994. The Company is currently progressing with its pre-feasibility study on the Lindero gold project.

On behalf of the Board of Directors,

Gordon P. Leask, President & CEO

Caution Regarding Forward-Looking Statements - This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ martially from those in forward-looking statements include changes in metal prices, changes in the availability of funding, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ martially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.


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

For more information, please contact

Mansfield Minerals Inc.
Gordon P. Leask
President & CEO
(604) 681-4462
(604) 681-0180 (FAX)
info@mansfieldminerals.com
www.mansfieldminerals.com







Exeter Reports on 40 New Drill Holes at Cerro Moro


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2009) - Exeter Resource Corporation (TSX VENTURE:XRC)(NYSE Amex:XRA)(FRANKFURT:EXB) - ("Exeter" or the "Company") is pleased to report on progress from its in-fill drilling program on the high grade Escondida Vein at Cerro Moro in Santa Cruz Province, Argentina.
Results have been received from an additional 40 diamond drill holes from the Escondida West, Central, East and Fomicruz sectors. Of 23 drill holes returning significant results, 9 returned bonanza gold and silver grades (all from the West, Central and East sectors).

To view the full table with all 23 significant holes, please visit the following link: http://www.exeterresource.com/images/gallery/plans/Table_85.pdf.

Of the 17 diamond drill holes with less significant results, 7 holes returned narrow and/or low grade intersections and 10 holes were poorly mineralized. The results from 6 holes at the Escondida Central and West sectors are awaited.

The locations of the 40 drill holes reported are represented on the following plans and long sections.

To view the sections and plans, please visit the following link: http://www.exeterresource.com/images/gallery/plans/Plan_84.pdf.

An additional 44 in-fill diamond drill holes have been drilled at the Escondida Far West sector. Results for the holes will be released following processing, sampling and assaying.

Drilling Progress on the Escondida Fomicruz Property

A reverse circulation percussion (RC) drill rig has completed an initial exploratory test of the potential northwest extension of the Escondida mineralized structure on the Escondida Fomicruz joint venture property. The rig firstly drilled through the blanket of Tertiary marine sediments before testing the underlying volcanic stratigraphy. Ten drill sections that included 11 RC holes and 2 diamond holes were drilled within a strike length of 1,600 m (160 m intervals).

The position of the Escondida structure was determined for each drill section, with assays now available for the first three holes. Drill hole MRC600, located 160 m northwest of the last mineralized Escondida Far West sector hole designated MD405 (1.62 m at a grade of 2.53 g/t gold and 100 g/t silver), returned 2.0 m at a grade of 1.8 g/t gold and 1.2 g/t silver, from a down hole depth of 141.0 m. Importantly, MRC600 was terminated at 146.0 m but was not sampled below 143 m due to poor sample recoveries.

On the next drill section, 160 m northwest of MRC600, drill hole MD587 was sited too far to the northeast to hit the Escondida structure. A follow-up hole, MD588, sited as a step back hole, successfully intercepted the target but failed to return significant mineralization.

Cerro Moro Project Manager, Fernando Chacon noted "Based on our experience to the southeast, subtle anomalous pathfinder element geochemistry in holes MD588 and MRC600 suggests these holes intersected the Escondida structure immediately above the precious metal precipitation zone of the epithermal system. The diamond drill is currently drilling 40 m spaced holes between MD405 and MRC600, with a series of deeper holes planned."

Quality Control and Assurance

Drill widths presented above are drill intersection widths and may not represent the true widths of mineralization.

Gold assay results presented above are preliminary and have been calculated using a 1.0 g/t gold equivalent cut-off grade, with no cutting of high grades. All diamond drill core samples are split on regular metre intervals or on geological contacts and represent sawn half HQ-size core. Samples were prepared at the Acme Analytical Laboratories ("AcmeLabs") preparation facility in Mendoza, Argentina and assayed by fire assay (50 gram charge) at the AcmeLabs laboratory in Chile, both ISO-9001:2000 certified laboratories.

Check assaying of all samples assaying greater than 1.0 g/t gold is completed by Acme Labs. Samples returning greater than 10 g/t gold and/or greater than 100 g/t silver are assayed using gravimetric analyses. Standard and blank samples are used throughout the sample sequence as checks for the diamond drilling reported in this release. Standard, blank and duplicate samples are used throughout the sample sequence as checks for the RC percussion drilling.

Assaying by the screen fire assay method has been implemented in conjunction with standard 50 gram fire assaying, for diamond drill cores that contain visible gold. The procedure for screen fire assaying involves crushing and sieving of a nominal 1,000 gram sample to a particle size of 100 microns. All material which does not pass through the 100 micron sieve is then assayed. Two fire assays are undertaken on the undersize material as a check on homogeneity. The total gold content is then calculated.

Matthew Williams, Exeter's Exploration Manager and a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, has supervised the preparation of the technical information contained in this news release.

About Exeter

Exeter Resource Corporation is a Canadian mineral exploration company focused on the discovery and development of gold and silver properties in South America. The Company has C$30 million in its treasury.

On the Caspiche Project in Chile, Exeter recently announced an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 3.81 grams per metric ton silver including 1,017 Mt at a grade of 0.22% copper. This equates to in-situ inferred resources of 19.6 million ounces of gold, 137 million ounces of silver and 4.84 billion pounds of copper (a total of 33.7 million gold equivalent ounces(ii). Drilling to expand and upgrade the resource estimate is scheduled to commence in October 2009.

On the Cerro Moro Project in Argentina, Exeter recently announced an initial inferred mineral resource estimate of 646,000 ounces gold equivalent(iii) at a grade of 18 g/t gold equivalent(iii). Exeter has drilled over 150 in-fill holes on the Escondida Vein structure to upgrade inferred resources to indicated resources for priority areas for a 2010 scoping study. Drilling will continue through 2009, as will engineering, environmental and infrastructure studies.

No site work is planned on the Don Sixto gold-silver project in Argentina over the next quarter. The Company will continue to work with provincial authorities and with representatives of other mining companies, to effect amendment to the 2007 legislation that banned the use of cyanide in mining operations in Mendoza Province.

(ii)Gold ("Au") equivalence for copper ("Cu") and silver ("Ag") was calculated by Exeter using assumed metal prices of US$800/ounce ("oz") for Au, US$12/oz for Ag and US$2/pound ("lb") for Cu. The formula to calculate Au equivalence for Cu was pounds of Cu multiplied by 2 and divided by 800; Au equivalence for Ag was calculated using the formula oz of Ag multiplied by 12 and divided by 800, and in both cases assumes 100% recovery. Reported grades and metric tons have been rounded (see news release NR 9-19 dated September 14, 2009).

(iii)Inferred mineral resource estimate of 1,098,000 tonnes containing 371,000 ounces gold at a grade of 10.5 g/t and 19.2 million ounces silver at a grade of 545 g/t for 646,000 ounces gold equivalent at a grade of 18 g/t gold equivalent. Gold equivalent is calculated by dividing the silver assay result by 70, adding it to the gold value and assuming 100% metallurgical recovery (see news release NR 9-14 dated July 8, 2009).

You are invited to visit the Exeter web site at www.exeterresource.com. To view the video version of this press release along with many others click here "Watch Video News": http://www.youtube.com/user/ExeterResourceCorp.

EXETER RESOURCE CORPORATION

Bryce Roxburgh, President and CEO

Safe Harbour Statement - This news release contains "forward-looking information" and "forward-looking statements" (together, the "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995, including the Company's belief as to the extent and timing of its drilling programs, various studies including engineering, environmental and infrastructure studies and exploration results, budgets for its exploration programs, the potential tonnage, grades and content of deposits, timing, establishment and extent of resources estimates,
potential for financing its activities, potential production from and viability of its properties and expected cash reserves. These forward-looking statements are made as of the date of this news release. Users of forward-looking statements are cautioned that actual results may vary from the forward-looking statements contained herein. While the Company has based these forward-looking statements on its expectations about future events as at the date that such statements were prepared, the statements are not a guarantee of the Company's future performance and are subject to risks, uncertainties, assumptions and other factors which could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Such factors and assumptions include, amongst others, the effects of general economic conditions, the price of gold, silver and copper, changing foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiations and misjudgements in the course of preparing forward-looking information. In addition, there are also known and unknown risk factors which could cause the Company's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Known risk factors include risks associated with project development; the need for additional financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; uncertainties and risks related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters of the Company with certain other projects; the absence of dividends; currency fluctuations;
competition; dilution; the volatility of the Company's common share price and volume; tax consequences to U.S. investors; and other risks and uncertainties, including those described in the Company's Annual Information Form for the financial year ended December 31, 2008, dated March 27, 2009 filed with the Canadian Securities Administrators and available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking 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 is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.



16 sept 2009

AGREEMENT IN PRINCIPLE FOR MINERAL EXPLORATION OF RIO NEGRO, ARGENTINA SIGNED WITH PROVINCIAL GOVERNMENT


Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) and the Grosso Group Management Ltd. ("Grosso Group") are pleased to announce that the Grosso Group has entered into an agreement in principle with the Minister Responsible for State Companies in the Province of Rio Negro, Argentina. The agreement is for the purpose of jointly exploring the potential for commercial mining activity to develop mining projects that provide for the acquisition, exploration and exploitation of polymetallic and energy related mineral deposits. Blue Sky, as a member of the Grosso Group that is actively exploring in Rio Negro, will be a beneficiary of this agreement.

This strategic alliance with the Government of Rio Negro demonstrates their commitment to working together with the Grosso Group and its member companies. Likewise, the Grosso Group and its member companies are strongly committed to developing projects in the Province in conformity and in co-operation with local communities and the Government of Rio Negro.

"Our 16-year track record in Argentina demonstrates transparency and respect for the culture and the very sensitive nature of Patagonia`s environment", stated Joseph Grosso, President of the Grosso Group. "This agreement is an excellent platform from which to access world class technology and the labour pool associated with the Province of Rio Negro."

In the agreement, the Province of Rio Negro, Argentina, commits to provide technical advice and put forth their best effort to facilitate the advancement and the development of mining projects implemented at the production stage. In order to promote proper development of mining activities in Rio Negro, the Province will jointly form with the Grosso Group, a mutually beneficial strategy for an association of public and private capital whose objective is the development of mining projects.

The Grosso Group, and its member companies, undertake to provide specialized technical assistance and management and make available for the advancement of projects the most modern and efficient technologies for prospecting and mineral exploration as well as proven expertise in community relations to advance mining projects in a responsible manner.

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is a member of the Grosso Group actively exploring in Rio Negro, Argentina. Experienced management and technical members, who foster relationships with a vast amount of international industry contacts, lead the exploration team on the search for quality resource opportunities.

ON BEHALF OF THE BOARD

"Sean Hurd"

_____________________________

Mr. Sean Hurd, President & CEO

For further information please contact Sean Hurd, President & CEO by email info@blueskyuranium.com, or by telephone at 1-800-901-0058, or 604-687-1828 or fax 604-687-1858.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. 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.




Lithium Americas Corp. Signs Agreement With Borax Argentina S.A., to Acquire 4,628 ha at the Cauchari-Olaroz Salt Lakes Lithium Brine Project

TORONTO, ONTARIO -- (Marketwire) -- 09/16/09 -- Lithium Americas Corp. reports that it has signed an agreement with Borax Argentina S.A., a Rio Tinto subsidiary, to acquire the rights to exploit subsuface lithium and potash brines at the Borax Argentina S.A. properties in the Cauchari salt lake, Jujuy Province, Argentina. The properties encompass a total of 4,628 ha. Borax Argentina S.A. will continue mining borax at surface.

"Increasing our property land package is a fundamental step in the development of the project" said Dr. Waldo Perez, CEO and President of Lithium Americas Corp. "From the results of surface sampling we are confident that the lithium/potash brine composition has the right grade to be minable. The next step is to confirm that there is lithium/potash brine at depth and determine the volume of lithium/potash brine that is available. When it comes to brines (a liquid), the more surface area that is owned the more volume potential that exists. Accordingly, those that own sufficient surface area will eventually be able to put the project into production at an economic scale. Given Lithium Americas' predominant land position at the Cauchari - Olaroz salt lakes, we feel confident that this project can quickly move to production with strong economics."

Lithium Americas continues to advance the 3D tomography seismic model of the Cauchari - Olaroz salt lakes and is completing road access to drill the properties this month.

Lithium Americas is a junior exploration and development company focused on the exploration and development of Lithium, Potash, Borax and other industrial minerals in South America. Lithium Americas Corp. is managed by accomplished professionals with a proven track record of discovery, a deep knowledge of South American geology and an extensive network of high-level and strategic relationships throughout the continent. Latin American Minerals Inc. (TSX VENTURE: LAT) (www.latinamericanminerals.com) is the largest shareholder of Lithium Americas Corp.

Contacts:
Lithium Americas Corp.
Waldo Perez
President and CEO
+54-261-439-9268
www.lithiumamericas.com



15 sept 2009

Andean Resources Appoints Richard Leclerc as VP Operations


PERTH, AUSTRALIA -- (Marketwire) -- 09/14/09 -- Andean Resources ("Andean" or the "Company") (TSX: AND)(ASX: AND) announces the appointment of Mr. Richard Leclerc as Vice President, Operations, effective immediately. Mr. Leclerc is a registered professional mining engineer who graduated from Laval University in Quebec in 1981, and who is fluent in English, Spanish and French. Over his 27 years of mining experience, Mr. Leclerc has held senior operating and development positions with Falconbridge in Chile and Peru, with Minera Antamina in Peru, with Cambior in Chile, Peru and Argentina.

Most recently, Mr. Leclerc was Chief Operating Officer for Centenario Copper and in charge of the construction and development of the Franke project in Chile, prior to Quadra Mining's takeover of Centenario. As VP Operations, Mr. Leclerc will assume overall responsibility for the fast track development and operation of the Cerro Negro project.

Wayne Hubert, Andean's President and CEO, commented, "The appointment of Richard to the team is a testament to the quality of the Cerro Negro project as we move into the development phase. Richard brings a tremendous amount of experience to the Andean team and we look forward to working with him as we progress towards becoming a mid-tier gold producer."

Andean Resources Ltd. is a dual listed company (TSX: AND)(ASX: AND), actively and aggressively exploring for gold resources in Argentina. The company is well positioned to become a mid-tier gold producer over the next two years as it commences production from its 100% owned Cerro Negro project. This high-grade, world-class deposit is located in the mining-friendly province of Santa Cruz, in southern Argentina, and contains a growing resource base of over 2.5 million ounces of gold. In order to expand its resource base and add to the future production profile, Andean is committed to ongoing exploration and building its resource inventory at the Cerro Negro project and, in the process, generating enhanced returns for its shareholders as a platform for future growth.

ABN 064 494 319

Contacts:
Andean Resources Ltd.
Krista Muhr
Director of Investor Relations
(647) 330-1478
krista.muhr@andeangold.com

Andean Resources Ltd.
Morrice Cordiner
Director
+61 (2) 9276 1245
Cell: +61 (0) 412 270 761
morrice@bigpond.net.au

Andean Resources Ltd.
1/1 Nairn Street, Fremantle
Western Australia 6160
+61 (8) 9430 9966
+61 (8) 9430 9965 (FAX)
www.AndeanGold.com


14 sept 2009

Troy Resources NL: Updated Technical Reports for Casposo and Sandstone


PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 13, 2009) -

Troy Resources NL ("Troy" or the "Company") (TSX:TRY)(ASX:TRY) is pleased to report that it has filed technical reports in accordance with National Instrument 43-101 in respect of:

(i) Casposo Gold-Silver Deposit in the San Juan province of Argentina; This technical report updates the previous technical report for the increase in indicated resource ounces by 32% as previously announced on 29 July 2009.
(ii) Sandstone Gold Project, Western Australia; This technical report primarily updates the previous technical report for the increase in resource ounces at the Two Mile Hill deposit previously announced on 31 July 2009. Reserves and resources have also been updated for depletion due to mining and processing since the previous report.

The technical reports are available on www.sedar.com under the Troy company profile and the company's website at the following link www.try.com.au. Path Investor Information \ Reports \ Technical.

Information of a scientific or technical nature in this news release was prepared under the supervision of Peter J. Doyle, Vice President Exploration and Business Development of Troy, a "qualified person" under National Instrument 43-101 - "Standards of Disclosure for Mineral Projects", a member of the Australasian Institute of Mining and Metallurgy. Mr. Doyle has sufficient experience, which is relevant to the style of mineralization and type of deposit under consideration, and to the activity he is undertaking, to qualify as a "competent person" as defined in the 2004 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr. Doyle has reviewed and approved the information contained in this press release.

ABOUT TROY RESOURCES

Troy Resources (TSX:TRY)(ASX:TRY) is a dividend-paying junior gold producer, with a clear growth strategy. The Company has two producing gold operations; at Sandstone in Western Australia and the Andorinhas Mine in Para State, Brazil and a gold silver development project, Casposo, in San Juan province, Argentina.

Troy has an experienced Board and management team with a portfolio of successful, fast-track mine development and low-cost operations.

Troy has an annual exploration budget of $5 million and a proven track record in exploration discoveries and strategic acquisitions.

Troy is currently focused on developing its Casposo Project, which it acquired in May 2009. With the acquisition and development of Casposo, Troy is entering a renewed growth phase which will again lift the Company's annual gold production above 100,000 ounces of gold per annum.

The Company maintains a robust balance sheet, and its current assets are forecast to continue to generate strong cash flow. Troy's gold production is unhedged; allowing its shareholders access to the full benefit of current and future gold price upside.

With the recent Casposo acquisition, Troy is positioned to continue its path of strong growth and profitable operations and is well on track to achieve its vision of becoming a highly profitable mid-tier gold producer with a portfolio of quality long-life assets.

Troy is a responsible corporate citizen, committed to the best practice of health and safety, environmental stewardship and social responsibility.

To view a map of the PROJECT LOCATIONS, please view the following link: http://media3.marketwire.com/docs/try913.jpg

ABN 33 006 243 750


For more information, please contact

Troy Resources NL
Paul Benson
Chief Executive Officer
(618) 9481 1277
(618) 9321 8237 (FAX)
troy@troyres.com.au
www.try.com.au

or

Purple Communications
Annette Ellis / Warrick Hazeldine
Media Relations
(618) 6314 6399
aellis@purplecom.com.au




11 sept 2009

Argentina mining investment rises to record

By: Francisca Pouiller
11th September 2009

BUENOS AIRES (miningweekly.com) – Investment in Argentina’s mining sector have risen to their highest levels so far this year, despite the economic downturn and stirrings of local opposition to the sector.

The country has received $1,9-billion into a range of projects, an increase of 1 000% compared with 2003 levels.

The leap in investment has come despite a slew of campaigns and protests against mining development by nongovernmental groups and local communities.

“We are attracting the problems that come with the growth of a sector that pays the best salaries,” national Mining Director Miguel Gerrero said in an interview.

Continue reading at: http://www.miningweekly.com/article/argentina-mining-investment-rises-to-record-2009-09-11



CEPAL en las noticias >> Oradores en Latin Exploration 2009

La minería sería la primera actividad en salir de la crisis
por EFE

Según el Banco Mundial y la Cepal, la industria minera es una de las primeras que está mostrando signos de recuperación en América Latina. Resaltan que muchas empresas del sector siguieron explorando a pesar de las dificultades en el financiamiento.

El Banco Mundial (BM) y la Cepal destacaron hoy la rápida recuperación del sector minero en Latinoamérica tras la crisis económica mundial, por la cual se perdieron cerca de 300.000 empleos, y subrayó que ha habido un auge de exploración y compra de proyectos mineros en la región.

El Oficial de Asuntos Económicos de la División de Recursos Naturales e Infraestructura de la Cepal, Eduardo Chaparro, adelantó hoy a Efe parte del informe sobre responsabilidad social de las empresas mineras para con las comunidades y el medio ambiente que realiza él para ese organismo latinoamericano.

Continue leyendo en: http://www.mdzol.com/mdz/nota/158960




10 sept 2009

Blue Sky Makes Important Discovery In Rio Negro, Argentina

Blue Sky Uranium Corp. (TSX-V: BSK) ("Blue Sky") is very pleased to announce the analytical results from pit sampling on its 100% owned ANIT project in Rio Negro Province, Argentina. Blue Sky’s pitting program has defined a paleochannel/lake system that has extensive high grade uranium and vanadium mineralization over at least 6km of strike length. The best mineralized interval, averaging 0.72% uranium (U) and 0.20% vanadium (V) over 3 metres vertical thickness, extends from surface and remains open to depth, with an individual assays from 0.5m channel samples returning high grades of up to 1.8% uranium.

The average grade of the mineralized paleochannel from 83 pits covering the ANIT West and Central zones over a strike length of 6km is 0.045% U3O8 (379 ppm U) and 475 ppm V with an average recorded thickness of 1.7m. Of the 83 mineralized pits, approximately 60% are open to depth having bottomed in mineralization. Blue Sky is now planning a program to test the depth extensions of the observed paleochannel system and for stacked channels below. To view maps and a cross section of ANIT click here: http://www.blueskyuranium.com/s/Argentina.asp?ReportID=280897

Mineralization has been identified in three zones, Eastern, Central and Western, along a 15 kilometre radiometric anomaly. Approximately 8 km east along strike of the Central Zone, uranium mineralization in the Eastern Zone in channel deposits is approximately 25m below the Western and Central Zone mineralization indicating potential at depth.

At this early stage of exploration, Blue Sky interprets the ANIT anomaly to be a paleochannel- or surficial- type uranium occurrence similar in style to known deposits in Western Australia (Lake Maitland NI43-101 compliant inferred resource of 23.7 million lbs U3O8 at an average grade of 0.03% U3O8,1 and in Namibia (Langer Heinrich deposit with Measured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 million pounds lbs of U3O8 and Inferred Resources of 70.7Mt grading 0.06% containing 91.6 million lbs of U3O82.

“Our exploration at ANIT has identified a brand new grass roots discovery that is the first of its kind in the region and also clearly shows the potential of this new district to host significant discoveries such as those in Namibia and Western Australia. Blue Sky’s future exploration will not only focus on the depth potential at ANIT, but we also intend to expand our efforts regionally in a cost effect and socio-economically responsible manner.” Mr. Sean Hurd, President & C.E.O.

Blue Sky, as a Grosso Group member company, is strongly committed to develop its projects in conformity and in co-operation with the Community and Government of Rio Negro.

Technical Summary

A total of 123 pits with 588 samples have been completed by Blue Sky’s field crew to date on the ANIT properties. The hand-dug pits are generally 1.0m wide and between 1.5m and 3.0m deep. The pits were located to follow up on the 5 discovery pits previously reported on within the 15km long strong uranium-channel anomaly identified by the September 2007 airborne radiometric survey flown over the property (see press release dated Nov. 24, 2008). The 15 km long ANIT airborne U anomaly has been subdivided into the West, Central and East zones for discussion purposes.

In the ANIT West and ANIT Central zones a total of 109 pits were excavated, of which 280 samples collected from 83 mineralized pits dug over 6 km of strike length average 379 ppm U and 475 ppm V. The work completed to date, concentrated on the Western and Central zones of the anomaly, clearly defines a paleochannel/lake system that is strongly mineralized over at least 6km of strike length. The Central anomaly is 1,000m long and averages 200m wide. In the remaining 5km of strike length that includes the West zone and its extension east to the Central zone, a paleochannel is always present in excavated pits, but width has not been constrained to date and is generally defined by only one or two pits. Detailed ground scintillometer surveys and limited pit sampling suggests that the paleochannel resembles a braided stream system ranging from a few tens of metres to several hundred in metres width. Mineralization occurs primarily as yellow carnotite crystals filling open spaces, coating grains and clasts hosted by inter-layered unconsolidated sands, gravels, clay-rich lake sediments and evaporates, that are either exposed on surface or lying below shallow soil cover.

Of the 83 pits containing uranium-vanadium mineralization approximately 60% are open to depth, bottoming in mineralization. In some of the deeper pits stacked mineralized channels are observed where the profile changes from strongly mineralized gravel at surface to weak or non-mineralized clay horizons, before re-entering strongly mineralized gravel at the bottom of the pit. The depth extent of the uranium-vanadium mineralization is uncertain due the limitations in hand digging test pits (maximum depth is 3.5 metres). The Eastern Zone, located 8 km east along strike of the Central Zone, is interesting in that uranium mineralization there is hosted in Cretaceous sediments and channel deposits approximately 25m stratigraphically below the Western and Central Zone mineralization. This suggests that there maybe considerable potential for depth-continuity of the uranium mineralization.

The ANIT project is easily accessible year round via well maintained gravel roads and is located at an elevation of less than 200 metres. The region has a low population density and rainfall of less than 300mm per year. The project is 200 km from a deep sea port, 100 km from rail lines, a four hour drive from an international airport and high tension power lines are located nearby.

On the Santa Barbara property in Rio Negro (approximately 50km north of ANIT) 90 shallow hand auger holes and pits were completed on 3 airborne uranium channel anomalies with a combined strike length of approximately 20km. From this very broad scale sampling several mineralized zones were detected with values up to 727 ppm U from a 0.5m sample. Although many mineralized assays were received, thicknesses are generally 0.5m or 1.0m. The Company is continuing prospect and sample the large Santa Barbara concession to identify zones with higher grades and increased thicknesses.

Analyses of samples reported herein were performed by Alex Stewart Assayers, in Mendoza Argentina, an internationally recognized analytical services provider, by means of Inductively Coupled Plasma Mass Spectrometry following a four acid digestion (ICP-AR). The samples collected from the pits were 0.5 or 0.6 meter composites taken from 4 channel samples (one on each pit wall face). The 4 samples were mixed, then split, with a 1kg sample sent to Alex Stewart Assayers. The remaining sample material was retained in storage on the project site for future use and reference. Blank, duplicate, and internal company standard samples were inserted into the sample sequence sent to the lab for quality assurance/quality control (QA/QC) purposes. In total, 76 quality control samples (12.9% of all 588 samples) were analyzed. Blue Sky detected no significant QA/QC issues during review of the data.

The technical information contained in this release has been prepared by Bruce Smith, AusIMM, Blue Sky Uranium Exploration Manager and a Qualified Person as defined by National Instrument 43-101.


ON BEHALF OF THE BOARD

“Sean Hurd”
____________________________

Mr. Sean Hurd, President & C.E.O.

1Mega Uranium Ltd. website (www.megauranium.com)

2Australian Uranium Association website (www.uic.com.au)

For further information please contact Blue Sky at 1-800-901-0058 or 604-687-1828 extension 690, or fax 604-687-1858, or by email info@blueskyuranium.com, or visit the Company’s web site at http://www.blueskyuranium.com/.





Minera Andes announces work stoppage at San José Mine

SPOKANE, WA, Sept. 9 /CNW/ - Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX: MAI and US OTC: MNEAF) announced today that it has been advised by Minera Santa Cruz SA ("MSC"), that production was suspended Monday at the San José Mine in Argentina due to a dispute over certain workplace issues with the local mining union, AOMA (Asociaci?n Obrera Minera Argentina).

The San José project is operated by MSC, which is owned 51% by Hochschild Mining plc and 49% by Minera Andes.

Daily production at the San José mine has been running at a rate of approximately 32,600 silver equivalent ounces (of which the share attributable to Minera Andes is approximately 16,000 silver equivalent ounces).

The Corporation will keep the market informed of developments as they occur.

Minera Andes is a gold, silver and copper exploration company focused in Argentina. The Corporation holds or has an interest in approximately 304,000 acres of mineral exploration land in Argentina located in the regions near the San José mine and the Los Azules copper project in San Juan province where a scoping study has been completed and the Corporation is awaiting a decision by its joint venture partner, Xstrata Copper Company, if it will exercise its right to back in to a 51% ownership of the project. The San José joint venture property covers 50,941 hectares and is not included in the acres noted above.

Other exploration properties, primarily silver and gold, in southern Argentina, are being evaluated.

This news release is submitted by James K. Duff, Chief Operating Officer of Minera Andes Inc.


Troy Resources Appoints Andrew Storrie as Operations Manager Brazil


PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 9, 2009) - Troy Resources NL (TSX:TRY)(ASX:TRY) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Growing junior gold producer, Troy Resources NL is pleased to announce it has appointed Mr Andrew Storrie as Operations Manager Brazil.

Mr Storrie commenced his career working at the South Crofty mine in Cornwall before working for 10 in years in Africa and Canada for De Beers and Falconbridge. For the last five years Andrew has held mine construction and management roles in South America and West Africa.

Mr Storrie is fluent in English and Spanish. He holds a Bachelor of Mining Engineering (Hons) degree from the Camborne School of Mines and Exeter University.

Mr Storrie has taken over management responsibility for Troy's Andorinhas mine in Brazil from Mr Ken Nilsson, Troy's Executive Director of Operations, allowing Mr Nilsson to focus on the construction and commissioning of the Casposo project in Argentina.

CEO Paul Benson said, "I am delighted Troy has been able to attract a manager of Andrew's capability and international operations experience. With his experience in narrow vein underground mining and the Latin American working culture, Andrew is perfectly qualified to lead the Andorinhas mine as it moves to bring the Mamao underground operations to full production.

"With Andrew taking over the management responsibility for Andorinhas, Ken Nilsson will focus his attention on building and commissioning Casposo safely, quickly and at low cost. Without doubt Casposo is the cornerstone of Troy's near term growth plans and is key to increasing Troy's production beyond 100,000 ounces per annum. With Ken's wealth of experience and impressive track record as a "mine builder", Casposo could not be in better hands.

"This is an exciting time for Troy. With a 50% jump in gold production last year to just under 62,000 ounces of gold, and forecast growth in each year through at least 2012, we continue to build the depth and talent of the Troy management team. I am confident Andrew will play a key role as we pursue our vision of growing Troy to a mid-tier gold producer."

ABOUT TROY RESOURCES

Troy Resources (TSX:TRY)(ASX:TRY) is a dividend-paying junior gold producer, with a clear growth strategy. The Company has two producing gold operations; at Sandstone in Western Australia and the Andorinhas Mine in Para State, Brazil and a gold silver development project, Casposo, in San Juan province, Argentina.

Troy has an experienced Board and management team with a portfolio of successful, fast-track mine development and low-cost operations.

Troy has an annual exploration budget of $5 million and a proven track record in exploration discoveries and strategic acquisitions.

Troy is currently focused on developing its Casposo Project, which it acquired in May 2009. With the acquisition and development of Casposo, Troy is entering a renewed growth phase which will again lift the Company's annual gold production above 100,000 ounces of gold per annum.

The Company maintains a robust balance sheet, and its current assets are forecast to continue to generate strong cash flow. Troy's gold production is unhedged; allowing its shareholders access to the full benefit of current and future gold price upside.

With the recent Casposo acquisition, Troy is positioned to continue its path of strong growth and profitable operations and is well on track to achieve its vision of becoming a highly profitable mid-tier gold producer with a portfolio of quality long-life assets.

Troy is a responsible corporate citizen, committed to the best practice of health and safety, environmental stewardship and social responsibility.

To view PROJECT LOCATIONS please click on the following link: http://media3.marketwire.com/docs/try909.jpg

ABN 33 006 243 750



For more information, please contact

Troy Resources NL
Paul Benson
Chief Executive Officer
(618) 9481 1277
(618) 9321 8237 (FAX)
troy@troyres.com.au
www.try.com.au
or
Purple Communications
Annette Ellis / Warrick Hazeldine
Media Relations
(618) 6314 6399
aellis@purplecom.com.au



9 sept 2009

Silver Wheaton acquires 25% of life of mine silver production from Barrick's Pascua-Lama project

VANCOUVER, Sept. 8 /CNW/ - Silver Wheaton Corp. ("Silver Wheaton" or the"Company") (TSX, NYSE:SLW) is pleased to announce that it has agreed toacquire from Barrick Gold Corporation ("Barrick") 25% of the life of minesilver production from its Pascua-Lama project, as well as 100% of the silverproduction from its Lagunas Norte, Pierina and Veladero mines until the end of2013. Silver Wheaton will pay Barrick total cash consideration of US$625million over three years, as well as ongoing payments of the lesser of US$3.90(subject to an annual inflation adjustment) and the prevailing market price,for each ounce of silver delivered under the agreement.

TRANSACTION HIGHLIGHTS


- Provides Immediate Cash Flow


- Silver Wheaton will receive 100% of the silver production from three of Barrick's currently producing mines, effective September 1, 2009, until the end of 2013;


- This immediately enhances Silver Wheaton's production and cash flow profile, by adding average annualized silver production of approximately 2.4 million ounces until Pascua-Lama commences production.


- Significantly Increases Long Term Growth Profile


- Silver Wheaton will receive 25% of the life of mine silver production from Barrick's Pascua-Lama project, expected to be one of the largest and lowest cost gold mines in the world;


- Pascua-Lama is a key Barrick growth asset and is the third largest silver deposit in the world, with an estimated mine life of over 25 years;


- Silver Wheaton's 25% share of the estimated average annual silver production for the first five years (2013 to 2017) is 9 million ounces, boosting overall silver sales by 30% to approximately 40 million ounces per annum;


- Barrick has provided a completion guarantee, requiring them to complete Pascua-Lama to at least 75% of design capacity by December 31, 2015. If Barrick does not meet completion by December 31, 2013, Silver Wheaton will continue to receive silver production in 2014 and 2015 from the currently producing mines, until Barrick satisfies the requirements of the completion guarantee.


"This is a transformational acquisition that propels Silver Wheaton tothe next level in terms of size and growth profile," said Peter Barnes,President and Chief Executive Officer of Silver Wheaton. "We are extremelyexcited to be partnering with Barrick, the world's largest gold miningcompany, on what is expected to be one of the biggest and lowest cost goldmines in the world. Coupled with our interest in Goldcorp's world-classPenasquito mine in Mexico, which is currently ramping up production onschedule, Silver Wheaton now has a significant stake in three of the top fivesilver deposits in the world, of which Penasquito and Pascua-Lama arecornerstone growth assets not just for Silver Wheaton, but also for ouroperating partners."


"This acquisition confirms Silver Wheaton as the largest of all royaltyand metals streaming companies in the world, with an unparalleled growthprofile. It is very accretive on all key metrics, increasing attributablesilver reserves by 43% and cash flow by 35%, once Pascua-Lama is inproduction. The acquisition is structured so that Silver Wheaton receivesimmediate cash flow, even prior to Pascua-Lama being in production,maintaining our strong balance sheet and preserving our ability to continuegrowing the Company in an accretive manner for shareholders." "We are very proud that, since we created this business model just fiveyears ago, we have demonstrated an unrivalled record of high qualityacquisitions, and now have a significant stake in nine of the top 35 silverdeposits in the world."


TRANSACTION TERMS


To acquire 25% of the life of mine silver production from Barrick'sPascua-Lama project, as well as 100% of the silver production from its LagunasNorte, Pierina and Veladero mines until the end of 2013, Silver Wheaton willmake total upfront cash payments of US$625 million over three years, of whichUS$212.5 million is payable on closing and three further payments of US$137.5million are due on the first, second and third anniversaries. Silver Wheatonwill also make ongoing payments of the lesser of US$3.90 (subject to a onepercent annual adjustment starting in the fourth year after the achievement ofspecific operating targets) and the prevailing market price, for each ounce ofsilver delivered under the agreement. Silver Wheaton will not share in anyongoing capital or exploration expenditures at the various mines. Barrick has provided Silver Wheaton with a completion guarantee,requiring them to complete Pascua-Lama to at least 75% of design capacity byDecember 31, 2015. During 2014 and 2015, Silver Wheaton will be entitled tothe silver production from the currently producing mines to the extent of anyproduction shortfall at Pascua-Lama, until Barrick satisfies the completionguarantee. If Barrick fails to satisfy the requirements of the completionguarantee, the agreement may be terminated by Silver Wheaton. In such anevent, Silver Wheaton would be entitled to the return of the upfront cashconsideration of US$625 million less a credit for silver delivered up to thedate of that event. Barrick has granted Silver Wheaton a five year right of first refusal onany further metal stream sales in connection with Pascua-Lama, where more than50% of the value is from silver. The transaction is expected to close September 22, 2009. Silver Wheaton'sfinancial advisor is Genuity Capital Markets and its legal counsel is CasselsBrock & Blackwell LLP.


FINANCING THE ACQUISITION


To pay the initial upfront cash payment of US$212.5 million, SilverWheaton intends to use cash on hand (US$70 million) and for the balance mayuse amounts borrowed under its revolving credit facility or the proceeds ofofferings of securities issued in the public and/or private equity capitalmarkets. Remaining upfront cash payments of US$137.5 million per annum, forthe next three years, are expected to be financed by operating cash flows withno debt drawdown anticipated.


ABOUT PASCUA-LAMA


Pascua-Lama straddles the border of Chile and Argentina and is one of thelargest silver deposits in the world. It hosts 718 million ounces of silver inproven and probable reserves, with additional measured and indicated silverresources of 88 million ounces. As reported in a Barrick press release datedMay 7, 2009, expected average annual silver production in the first full fiveyears is approximately 35 million ounces. Anticipated total cash costs overthis period are US$20-$50 per ounce of gold which would make Pascua-Lama oneof the lowest cost gold mines in the world. Pascua-Lama is a long-life assetwith an expected mine life in excess of 25 years. Key construction permits andenvironmental approvals have been received and construction is underway.Commissioning of the mine is expected in late 2012 with production commencingin early 2013.


A TRANSFORMATIONAL YEAR - 2009 YEAR-TO-DATE HIGHLIGHTS


- Acquired Silverstone Resources Corp., solidifying our position as the largest silver streaming company in the world.


- Acquired 100% of the silver production from Barrick's currently producing Lagunas Norte, Pierina and Veladero mines until the end of 2013, providing immediate cash flow, and 25% of the life of mine silver production from Barrick's Pascua-Lama project, adding significant long term growth and another cornerstone asset to Silver Wheaton's silver stream portfolio.


- The Penasquito mine, soon to be one of the world's largest open pit mines and another one of Silver Wheaton's cornerstone assets, is currently ramping up production on schedule. Silver Wheaton receives 25% of the life of mine silver production from Penasquito, which is expected to be the Company's main driver of growth for the next several years.


- As a result of the Barrick and Silverstone acquisitions this year:


- 2010-2012 average annual silver equivalent sales are forecast to increase by 26%, from approximately 25 to 31 million ounces, while 2013-2017 average annual silver equivalent sales are forecast to increase by 50%, from approximately 26 to 40 million ounces;


- Attributable silver reserves have doubled while attributable measured and indicated silver resources have increased by greater than 50%.


- Silver Wheaton is the largest and fastest growing of all of the royalty and metals streaming companies in the world:


- Unparalleled growth profile versus its peers with greater than 250% five year sales growth forecast from 2008 levels;


- Significant stake in three of the top five silver deposits in the world and in nine of the top 35. - Significant debt reduction resulting in a very strong financial position:


- Long term debt has been reduced by approximately US$235 million and the Company continues to have access to a US$400 million undrawn revolving credit facility. - Well positioned to pursue additional accretive acquisitions.


CONFERENCE CALL

A conference call will be held on Tuesday, September 8, 2009, starting at 12:00 pm (Eastern Time) to discuss this transaction. To participate in the live call use one of the following methods:

Dial toll free from Canada or the US: 1-888-231-8191
Dial from outside Canada or the US: 1-(647) 427-7450
Pass code: 29363920

Live audio webcast: www.silverwheaton.com

Participants should dial in five to ten minutes before the call.

The conference call will be recorded and you can listen to an archive of the call by one of the following methods:

Dial toll free from Canada or the US: 1-800-642-1687
Dial from outside Canada or the US: 1-(706) 645-9291
Pass code: 29363920

Archived audio webcast: www.silverwheaton.com

ABOUT SILVER WHEATON

Silver Wheaton is the largest silver streaming company in the world. Including the Barrick transaction, forecast 2009 sales are 16 to 18 million ounces of silver and 17,000 ounces of gold, for total sales of 17 to 19 million silver equivalent ounces, growing to approximately 39 million ounces of silver and 20,000 ounces of gold, for total sales of approximately 40 million silver equivalent ounces, by 2013.
Silver Wheaton's updated attributable silver reserves and resources can be found at: http://files.newswire.ca/819/AttributabletoSLW.pdf

Mr. Randy V.J. Smallwood, P.Eng., Silver Wheaton's Executive Vice President of Corporate Development, who is a "qualified person" as such term is defined under National Instrument 43-101, has reviewed and approved the information on mineral reserves and mineral resources disclosed in this news release.



Alison Thompson Joins Magma Energy as Vice President Corporate Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2009) - Magma Energy Corp. (TSX:MXY) is pleased to announce that Alison Thompson, MBA, M.Eng., P.Eng., has joined the Company as Vice President, Corporate Relations. Ms. Thompson holds a Master of Engineering (Chemical) and a Master of Business Administration degree from McGill and Queens Universities respectively. She joined Magma from a major Canadian energy company where she was most recently Project Development Manager reviewing a number of global business development ventures, including geothermal energy. Ms. Thompson is currently Chair and Executive Director of the Canadian Geothermal Energy Association.

Ms. Thompson will manage Magma's investor, government and corporate relations requirements and will also be involved with administration of Magma's geothermal exploration projects as they advance towards production. Magma's Chairman and CEO, Ross Beaty, commented, "I am really pleased we have been able to attract to our senior team such a skilled professional as Alison and look forward to her contributions as an integral member of our management group in the years ahead."

About Magma Energy Corp.

Magma Energy Corp. is a geothermal power company which is actively engaged in operating, developing, exploring and acquiring geothermal energy projects. We currently have one operating power generation plant (the Soda Lake Operation in Nevada), and an extensive portfolio of exploration properties throughout the western United States, Chile, Argentina and Peru.

For more information, please contact

Magma Energy Corp.
Alison Thompson
Vice President, Corporate Relations
604.646.1882
athompson@magmaenergycorp.com
www.magmaenergycorp.com


Troy Resources to Enter the ASX Top 300

PERTH, WESTERN AUSTRALIA--(Marketwire - Sept. 9, 2009) - Troy Resources NL (TSX:TRY)(ASX:TRY) -

Troy Resources NL ("Troy") is pleased to report it will be included in the S&P/ASX 300 Index with effect from the close of trade on 18 September 2009.

Standard & Poor's Index Services, the leading provider of equity indices in Australia, announced Troy's inclusion in the ASX300 Index in a statement on 4 September. They noted: "Both the S&P/ASX 200 and the S&P/ASX 300, together with component indices are reviewed as part of the September quarterly rebalance. The quarterly rebalance considers the aggregate market capitalisation and liquidity of stocks for the preceding 6-months of 2009 as a basis for eligibility."

Commenting on the announcement Troy's CEO Paul Benson said: "This is an important achievement for Troy, and one that reflects the 340% increase in Troy's share price since the lows of November 2008 during the depths of the Global Financial Crisis.

"This is a significant milestone in Troy's growth trajectory and a clear indicator to our shareholders that the growth strategy embarked upon by the Board and Management is on target. Today Troy has the largest Reserve and Resource base, and the longest forecast production profile in the Company's 25-year history.

"Our entry into the ranks of Australia's top 300 companies will also serve to raise the profile of Troy within a wider audience of potential investors."

ABOUT TROY RESOURCES

Troy Resources (TSX:TRY)(ASX:TRY) is a dividend-paying junior gold producer, with a clear growth strategy. The Company has two producing gold operations; at Sandstone in Western Australia and the Andorinhas Mine in Para State, Brazil and a gold silver development project, Casposo, in San Juan province, Argentina.

Troy has an experienced Board and management team with a portfolio of successful, fast-track mine development and low-cost operations.

Troy has an annual exploration budget of $5 million and a proven track record in exploration discoveries and strategic acquisitions.

Troy is currently focused on developing its Casposo Project, which it acquired in May 2009. With the acquisition and development of Casposo, Troy is entering a renewed growth phase which will again lift the Company's annual gold production above 100,000 ounces of gold per annum.

The Company maintains a robust balance sheet, and its current assets are forecast to continue to generate strong cash flow. Troy's gold production is unhedged; allowing its shareholders access to the full benefit of current and future gold price upside.

With the recent Casposo acquisition, Troy is positioned to continue its path of strong growth and profitable operations and is well on track to achieve its vision of becoming a highly profitable mid-tier gold producer with a portfolio of quality long-life assets.

Troy is a responsible corporate citizen, committed to the best practice of health and safety, environmental stewardship and social responsibility.

To view the Project Locations please click on the following link: http://media3.marketwire.com/docs/try99.JPG

ABN 33 006 243 750



For more information, please contact

Troy Resources NL
Paul Benson
Chief Executive Officer
(618) 9481 1277
(618) 9321 8237 (FAX)
troy@troyres.com.au
www.try.com.au
or
Purple Communications
Annette Ellis / Warrick Hazeldine
Media Relations
(618) 6314 6399
aellis@purplecom.com.au


8 sept 2009

G4G Resources Concludes Agreement to Acquire Geothermal Properties in San Juan Province, Argentina

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2009) - G4G Resources Ltd. (TSX VENTURE:GXG) announces that it has signed a Letter of Intent (LOI) to acquire from Geotermia Andina SA a 90% interest in the 3,600 hectare Despoblados geothermal energy project in the San Juan Province of Argentina. The agreement provides that Energia Provincial Sociedad Del Estado (EPSE), the local provincial utility company of San Juan, will co-joint venture the Los Despoblados property and will retain 10% of the project. Details of the agreement will be forthcoming upon signing of a definitive agreement.

EPSE will assist in achieving the commercialization of electrical energy produced from the hot water systems on the Despoblados properties. EPSE will further assist in attracting mining companies which operate in the district to purchase electrical power which may be generated from the properties. In close to proximity to the Despoblados geothermal properties are Barrick Gold Corporation's Veladero mine, which is in operation, and the Pascua-Lama project, which is scheduled to be in production by 2012. Veladero and Pascua-Lama are both currently powered primarily by diesel-fired generation and are located approximately 8 kilometres and 28 kilometres from Despoblados, respectively.

Basil Botha, President & CEO, said, "This is an exciting prospect, with the potential to supply electricity from the Despoblados geothermal properties to Barrick's Veladero and Pascua Lama mines. Together, these two mines will require approximately 150 MW of electricity."

In addition to geothermal energy in Argentina and iron sands in Central America, G4G is also focused on the production of alternative fuels from municipal waste, through its wholly-owned subsidiary, Alternative Fuels Corporation (AFC). AFC is currently developing a project in Sarnia, Ontario. G4G is actively engaged in acquiring additional projects in the alternative fuels and the geothermal energy arenas.

About G4G Resources

G4G Resources is a Canadian-based mineral exploration and development company focused on a number of resource projects, including iron sands, alternative fuels and geothermal power.

Forward-Looking Statement

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to G4G Resources Ltd., please refer to the Company's 2008 Annual Report filed with SEDAR on April 23, 2009.

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

G4G Resources Ltd.
Basil Botha
President & CEO
604-602-9868
ir@g4g4resources.com
www.g4gresources.com



7 sept 2009

Antares Retains Brisco Capital to Provide Investor Relation Services



Sep 04, 2009 09:00 ETAntares Retains Brisco Capital to Provide Investor Relation Services
WATERDOWN, ONTARIO--(Marketwire - Sept. 4, 2009) - Antares Minerals Inc. (TSX VENTURE:ANM) ("Antares") is pleased to announce that it has retained the services of Brisco Capital Partners Corp. ("Brisco") to provide investor relations services, subject to regulatory approval. Brisco will initiate and maintain contact with the investment community for the purpose of increasing awareness of Antares and its activities. Brisco takes a full service approach to investor relations and provides creative, effective results-driven investor relations programs for Canadian public companies.

John Black, President and CEO of Antares Minerals Inc. commented as follows:

"We believe that our Haquira project represents one of the top copper discoveries in South America over the past few years. We are currently in the midst of a drill program to test for satellite deposits that could significantly increase the sizeable deposits that have already been outlined. Subsequent work will focus on advancing the project towards a fully integrated Preliminary Economic Analysis to understand better the full potential value of the project. We look forward to working actively with Brisco to communicate our story to the investment community so that the inherent value of Antares might be more fully appreciated".

Scott Koyich, President of Brisco Capital Partners Corp., commented as follows:

"We at Brisco are very bullish on the commodity cycle going forward. Antares is an undervalued copper company with a strong management team and with significant potential to grow from an impressive base. They are well-funded and are nearing the point in the exploration cycle where they will be an attractive target for acquisition. We are delighted to have the opportunity to bring this story to the attention of the investment community."

The term of the agreement between Antares and Brisco is for a 12-month period. Brisco will receive a monthly fee of $6,000 and will be granted 100,000 stock options with an exercise price of $1.35. The stock options will vest equally and quarterly over the first 12 months after issuance. The stock options expire at the earlier of 30 days after termination of the agreement, or two years from the date of issuance.

Haquira Project Highlights

- Very large porphyry Cu-Mo-Au discovery (see 43-101 resource table below) that presents an opportunity for both an SX-EW leach operation and a large primary sulphide mine with conventional flotation/concentration.

- Cu-Mo-Au mineralization recognized to date occurs in two zones; the Haquira East (HE) and Haquira West (HW) zones. Currently defined, 43-101 compliant resources for the project are listed below in Table 1. Mineralization remains open in several directions and the current drilling campaign will focus on testing the significant upside exploration potential for additional zones of mineralization.
(i) CuEQ equals Copper Equivalent is calculated for intervals dominated by primary mineralization using US$1.50/lb Cu, US$500/oz Au, US$10/oz Ag and US$10.00/lb Mo and is not adjusted for metallurgical recoveries as these remain uncertain. Metallurgical recoveries and net smelter returns are assumed to be 100%. The formula used is as follows: CuEQ equals Cu% + (Au g/t x 0.4862) + (Mo% x 10.00/1.50) + (Ag g/t x 0.0077). Copper Equivalent contributions are only applied to primary sulphide mineralization.

- The 43-101 compliant resources contain a total of 8.0 billion lbs Cu or 9.2 billion lbs Cu EQ utilizing a cut-off grade of 0.2% Cu for leachable resources and 0.3% Cu for primary sulphide resources.

- The current resource estimates utilize only the drilling up to drill hole AHAD-120. Additional drill holes that have been released after the completion of the current resources estimations include drill hole AHAD-159 which intersected 937 m of 1.14% Cu, 0.034% Mo and 0.1 g/t Au - the best hole completed and Haquira to date (February 11. 2009).

- Antares announced a Preliminary Economic Assessment (PEA) for the near-surface SX-EW amenable portion of the Haquira project (see press release dated May 14, 2008). This study estimated that the known tonnage and grades of leachable copper mineralization are sufficient to support a 50,000 t/d SX-EW heap-leach operation that would produce an average of 109 million lbs of copper cathode for 11 years of mine life. The capital cost to construct the operation is estimated at US$301 million with a projected after tax IRR of 26.9% and an NPV (8% discount rate) of US$224 million utilizing a copper price of US$2.00. This PEA does not take into consideration any of the underlying primary sulphide mineralization.

- Antares can obtain a 100% interest in the principal Haquira portion of the project with one final payment of US$5 million to Minera Phelps Dodge del Peru by March 4th, 2010 (the Cristo de los Andes project is not subject to this agreement). Funds to make the payment have been reserved for this purpose.

- The Haquira project is located immediately adjacent to XSTRATA's Las Bambas project with ample opportunity for shared infrastructure.

- Antares has recently entered into a strategic relationship with the IFC, the member of the World Bank Group focused on private sector investments in developing countries (see press release dated May 13th, 2009).

- Antares is financially sound with current cash on hand of $16.5 million and no debt.

About the Haquira Copper Project, Peru

The Haquira project offers potential for a low-strip, low-cost SX-EW copper operation in southern Peru as well as a good opportunity for an underlying higher grade primary porphyry copper-molybdenum mill/concentrator operation. The project is located contiguous to, and immediately south of, Xstrata Copper's Las Bambas Cu-Au project and consists of two blocks of property optioned under separate agreements as well as additional concessions acquired by Antares for a total of 20,635 hectares of area. Antares has an option agreement with Minera Phelps Dodge del Peru S.A.C. to acquire a 100% interest in the original Haquira project by completing optional payments totalling US$15 million over a five-year period (see Antares press release dated March 17, 2005). A total of US$10 million has been paid to date with the remaining US$5.0 million due on or before March 4, 2010. Antares also has an option agreement with Minera del Suroeste S.A.C. (MISOSA), a wholly owned subsidiary of Hochschiild Mining PLC, whereby Antares can acquire up to a 60% interest in the Cristo de los Andes project, located contiguous to, and immediately south of the Haquira project (April 28, 2008). Antares can acquire an initial 51% interest in the Cristo de los Andes project by completing 12,000 m of drilling, making US$1,050,000 in payments and granting MISOSA a production royalty of US$0.005/lb of Antares' share of copper production exceeding 500,000,000 lbs from the Cristo de los Andes Property. Antares also has the option to acquire an additional 9% interest in the project for a total of 60% by electing to complete a bankable feasibility study within five years.

About Antares

Antares is a successful mineral exploration company with highly experienced technical and management teams. The Company is focused on precious- and base-metal exploration properties in Latin America that can be quickly and cost-effectively advanced to the discovery and production stage. In addition to the Haquira Project in Peru, Antares is also currently exploring the Rio Grande (Cu-Au porphyry) project in Salta Province of NW Argentina in a 50/50 option/joint-venture basis with Pachamama Resources Ltd., a spin-off from Mansfield Minerals Inc.

For further information: please visit our website at www.antaresminerals.com.

All of Antares' exploration programs and pertinent disclosure of a technical or scientific nature are prepared by, or prepared under the direct supervision of John Black, Antares' President, who serves as the qualified person (QP) under the definitions of National Instrument 43-101.

Antares' security, chain of custody and quality control is described on their website and can be reviewed at:

http://www.antaresminerals.com/bestpractices/samplingmethodologies

Mineral resources do not have demonstrated economic viability and future in-fill drilling and scoping, pre-feasibility and feasibility studies will determine what percentage of the inferred resource can be placed into the mineable category. Antares is not aware of any environmental, permitting, legal, title, taxation, socio-political, marketing or other issue which may materially affect this estimate of mineral resources.

Certain disclosure in this release, including management's assessment of Antares' plans and projects, constitutes forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Antares' operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on forward-looking statements.



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

For more information, please contact

Antares Minerals Inc.
John Black
President and CEO
Office: (720) 514-9036 or Cellular: (303) 618-7797
Email: john.black@antaresminerals.com

or
Antares Minerals Inc.
Mark Wayne
CFO
(403) 705-4968
Website: www.antaresminerals.com
or
Brisco Capital
Scott Koyich
(403) 262-9888
or
Brisco Capital
Gordon Aldcorn
(403) 262-9888