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.
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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.

25 feb 2010

La Fortuna Gold Project: Accelerates Drilling


February 24, 2010, -- Vancouver -- Golden Peaks Resources Ltd. (TSX: GL) (the "Company") announces that mobilization of the second drill rig to the Company's La Fortuna Gold Project, Chubut Province, Argentina is now complete and the second rig is now drilling. The mobilization was announced on February 11 2010.

To accelerate the current drill program both drill rigs have increased to two shifts and are now operating 24 hours per day.


Media Information, contact:
Scott Emerson, Chairman and Director
SE@goldenpeaks.com

Investor Information, contact:
Mike Kordysz, Investor Communications
MK@goldenpeaks.com


The statements herein that are not historical facts are forward-looking statements. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/

AuEx Ventures, Inc.: Santa Cruz, Argentina-Initial Drill Results and Exploration Update


VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2010) - AuEx Ventures, Inc. (TSX:XAU) ("AuEx" or the "Company") is pleased to announce the results from its first drill program conducted in Argentina and update its overall exploration activities in Santa Cruz Province. The first drill program was conducted at the Meridiano project where 13 out of 15 reverse circulation drill holes encountered broad zones of shallow gold mineralization grading better than approximately 0.10 g/t. Selected intercepts included RCM06 with 27 meters of 0.31 g/t gold including 2 meters of 1.1 g/t gold, RCM08 with 10 meters of 0.58 g/t gold, RCM10 with 10 meters of 0.68 g/t gold including 6 meters of 1.1 g/t gold, RCM11 with 8 meters of 0.58 g/t gold including 3 meters of 1.38 g/t gold and RCM13 with 22 meters of 0.29 g/t gold including 1 meter of 1.44 g/t gold. The initial phase drilling has confirmed and helped to define recessive breccia zones. Geophysics is currently underway to give a better three dimensional view of these structural corridors and to help plan the second phase drilling scheduled to commence in March. Commenting on the Project, Richard Bedell, Executive Vice President says, "This project is particularly exciting because we have identified broad zones of gold mineralization over multiple square kilometers and appear to be high in the epithermal mineral system. We appear to have good tonnage potential and now need to find the higher grade."

At the La Rosita Project near the Mina Martha Mine, geophysics will be carried out in March to help define the first drilling program planned in April. La Rosita has undergone extensive mapping, surface sampling and reinterpretation. The project contains multiple gold and silver targets, some with elevated copper values that will be the targets for exploration.

The Gertrudis Project, located in the eastern portion of the province, contains multiple veins in structural corridors within an andesitic dike complex. The prospect was initially identified using Thematic Mapper satellite imagery that was processed by AuEx. Detailed surface sampling and geologic mapping have been conducted to define drill targets that are planned to be tested later in 2010 once appropriate permits have been granted.

At the Covadonga Project located in the central part of the province, continued surface mapping and sampling has located a gold anomalous area within an extensive, but generally barren, vein field. Recent reconnaissance work has identified an area of the vein field that has returned up to 7 g/t gold and 145 g/t silver in grab samples. These results have led Agnico-Eagle to formally accept Covadonga as a project. Depending on the results of continuing field work, this project may also have initial drilling completed before the end of the year.

Encouraging results from 2009 field work and drilling has resulted in a significant budget increase for 2010 to over $1.5 million for Santa Cruz Province. AuEx as operator will continue to find new prospects, develop the current land package up to the project level, and do detailed work and drilling on the 4 projects that are being funded by Agnico Eagle at the 100% level. Exploration by AuEx in Santa Cruz is being conducted under an exploration agreement with Agnico-Eagle Mines Limited ("Agnico-Eagle"). Under the agreement, Agnico-Eagle and AuEx share 70:30 respectively in generative exploration expenditures with work activity conducted by AuEx. Agnico-Eagle has the option to take on projects identified by the generative program and has exercised the option on four projects (Meridiano, La Rosita, Gertrudis and Covadonga). Agnico-Eagle is required, but not committed, to expend US$1,000,000 within 4 years on each project to vest an initial 60% interest. Agnico-Eagle then has the option to earn an additional 10% interest by carrying all further costs through feasibility capped at $10,000,000. The exploration venture now controls exploration rights to 14 parcels that total almost 90,000 hectares within Santa Cruz Province.

In January Richard Bedell, Executive Vice President presented a full day course in spectroscopy and remote sensing in Rio Gallegos, the capital of Santa Cruz Province. This was held at the offices of Formicruz, the Provincial mineral company and was attended by various mining and exploration companies working in the Province in addition to Formicruz staff. Richard Bedell comments: "The province is expanding rapidly for mineral development and AuEx intends to be an active participant. We want to be good neighbors and to help discover and develop precious metal resources in Santa Cruz."

Generative activity is continuing to develop new prospects and to bring other existing properties to a project stage for presentation to Agnico-Eagle. Properties not accepted by Agnico-Eagle remain the property of AuEx with no further obligations to Agnico-Eagle.

All drill samples were collected following standard industry practice and assayed by Alex Stewart Laboratories, Inc. of Mendoza, Argentina. Gold results were determined using standard fire assay techniques on a 30 gram sample with an atomic absorption finish. Samples exceeding 5 grams per tonne gold were re-assayed using a gravimetric finish and the values received were reported in the averages. QA/QC included the insertion of numerous standards and blanks into the sample stream. A table containing all drill results to date using a 0.3 gram/tonne cutoff is posted on the Company's website. Drill intervals are reported as drilled thickness and insufficient data exists to estimate true thickness. All data, as reported by the Company and as disclosed in this press release, including sampling, analytical and test data, have been reviewed by the Company's qualified person Mr. Richard L. Bedell, M.Sc., and Certified Professional Geologist as recognized by the American Institute of Professional Geologists. Further details concerning the AuEx Argentina exploration program are posted on the Company's website at www.auex.com.

AuEx Ventures, Inc. is a TSX listed precious metals exploration company that has a current portfolio of twenty one exploration projects in Nevada/Utah, one project in Spain and four projects in Argentina. The Company controls about 167,000 acres of unpatented mining claims and fee land in Nevada. Twelve of the projects are in joint venture or exploration earn-in agreements with seven companies. The Company applies the extensive Nevada exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture.

AuEx Ventures, Inc.

Ronald L. Parratt, President and Chief Executive Officer

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

This news release contains 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.

For more information, please contact
AuEx Ventures, Inc.
Ronald L. Parratt
President and Chief Executive Officer
775-337-1545
rparratt@auex.com


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Coro Announces Completion of San Jorge Sectoral Review & Appointment of VP, Project Development



VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 24, 2010) - Coro Mining Corp. ("Coro" or the "Company") (TSX:COP) is pleased to announce that the Provincial Environmental Authority has now formally resolved that the Sectoral Review stage of the approval process has been satisfactorily completed at San Jorge.

The San Jorge copper-gold project is located in Mendoza, Argentina. The Company completed an initial Preliminary Economic Assessment ("PEA") in April 2008 which contemplated production of 39,500 tonnes of copper per annum and 39,000 ounces of gold per annum over a 16 year mine life. The deposit remains open to the west and at depth and using a $2.00 per pound copper and $600 per ounce gold price returned an after tax NPV of $220 million, with a capital expenditure of $277 million.

In September 2009, the Company received the positive conclusions from the National Technological University of Mendoza's Independent Review of the San Jorge project which was then followed by a Sectoral Review. The Sectoral Review was coordinated and supervised by the Secretary of the Environment and included more than 10 opinions from provincial bodies which endorsed the project. The Review included presentations from the Natural Resources Department, Environmental and Urban Development Department, Irrigation Department, Provincial Environmental Council, Scientific and Technological Center, Municipality of Las Heras, Hydrology Department amongst others.

With the positive results and conclusions from the Sectoral Review, a date for a formal public hearing is expected to be announced shortly. The public hearing represents the final step in the public consultation process. Our Argentinean team has met extensively with numerous interested parties with direct and indirect interests in the project during the last twelve months and we welcome the opportunity to formalize this process. The Public consultation represents a further opportunity for the Company and the Government to address the concerns of interested parties prior to the Environment Impact Declaration being submitted to the Secretary of the Environment for approval.

Subject to this approval, the Environmental Impact Declaration is then expected to be presented to the House of Deputies and Senate for ratification, late in the first quarter or the second quarter of 2010.

The Company also wishes to announce the promotion of Marcelo Cortes as Vice-President, Project Development, subject to regulatory approval. Mr. Cortes has a degree in Civil Engineering, holds an MBA in Environmental Management and a masters degree in Engineering Sciences. He has over 20 years experience in mining engineering including Project Engineer for Los Bronces, Minera Disputada of Las Condes, Hydraulic Discipline Lead for Minera Michilla S.A., Construction Lead for EPC Contract of the El Tesoro Mine and also Project Lead for El Tesoro expansion project. Mr. Cortes will also continue in his role as Project Manager at San Jorge.

Alan Stephens, President and CEO of Coro commented, "We are pleased that the San Jorge EIS approval process continues to advance as anticipated towards permitting, and we look forward to being able to formally present the project to the people of Mendoza in due course. The completion of the Sectoral Review process is a significant and very robust step in the permitting process with a number of governmental organizations actively participating in the process. Our team in Argentina has done an exceptional job of advancing the project through the Review and the appointment of Marcelo Cortes as VP, Project Development recognizes his contribution to both the Company and the project to date."

Alan Stephens FIMMM, President and CEO of Coro, a geologist with more than 33 years of industry experience is the Qualified Person for Coro who has reviewed and approved the contents of this News Release. In respect of the PEA, it should be noted that mineral resources that are not mineral reserves do not have demonstrated economic viability.

CORO MINING CORP.

Alan Stephens, President and CEO

About Coro Mining Corp.:

The Company was founded with the goal of building a mining company focused on medium-sized base and precious metals deposits in Latin America. The Company intends to achieve this through the exploration for, and acquisition of, projects that can be developed and placed into production. Coro's core property is the advanced San Jorge copper-gold project, in Argentina, and the Company holds other earlier stage exploration properties located in Chile.

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to those with respect to the prices of copper, estimated future production, estimated costs of future production, permitting time lines, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of copper, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in the Company's documents filed from time to time with the securities regulators in the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador.

For more information, please contact
Coro Mining Corp.
Michael Philpot
Executive Vice-President
(604) 682 5546
investor.info@coromining.com
www.coromining.com

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/

Minera Andes Announces Management Changes



TORONTO, ONTARIO--(Marketwire - Feb. 23, 2010) - Minera Andes Inc. (the "Corporation" or "Minera Andes") (TSX:MAI)(OTCBB:MNEAF) announces that Henry John, Chief Financial Officer of the Corporation will retire effective April 5, 2010; and, that Perry Ing has been appointed Vice President, Finance and will be appointed interim Chief Financial Officer once vacated. Mr. John will continue working with Minera Andes as a consultant to ensure a smooth accounting and finance team transition.

Perry Ing holds a Bachelor of Commerce Degree from the University of Toronto and is a Chartered Accountant in Ontario, Certified Public Accountant in the US and Chartered Financial Analyst. He brings extensive financial management and reporting experience in the mining sector having served as Chief Financial Officer of US Gold Corporation since March 2008. He previously served as Corporate Controller for Goldcorp Inc. and as a consultant to Barrick Gold Corp. Perry also spent six years at the mining practice of PricewaterhouseCoopers LLP where his responsibilities included managing the audits of large international mining companies as well as a variety of junior mining companies. Perry will retain his role at US Gold Corporation concurrent with his appointment to Minera Andes.

Since becoming a Chartered Accountant in 1974 Henry John has had a long and successful career in public accounting and financial management. The Corporation thanks Mr. John for his service to Minera Andes over the years and wishes him all the best as he embarks on this new chapter of his life.

This news release has been submitted by Nils Engelstad, Vice President – Corporate Affairs.

Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA which owns the San José Mine - a large primary silver producer which produced 4,998,000 million oz silver and 77,070 oz gold in 2009; 100% ownership of the Los Azules copper deposit; and, a portfolio of exploration properties in the highly prospective Deseado Massif region of Santa Cruz Province in southern Argentina. Minera Andes continues to be well funded and have no bank debt. The Corporation had $20.9 Million USD in cash as at September 30, 2009.

For further information, please contact: Nils Engelstad or visit our Web site: www.minandes.com.

Caution Concerning Forward-Looking Statements: This news release contains forward-looking statements and forward-looking information within the meaning of applicable US and Canadian securities laws. In making the forward-looking statements and providing the forward-looking information, we have made numerous assumptions. Although our management believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that the forward-looking statements will prove to be accurate. Forward-looking statements and information involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from that expressed or implied by such forward-looking information. We undertake no obligation to reissue or update forward-looking statements or information as a result of new information or events after the date hereof except as may be required by law. See our annual information form for additional information on risks, uncertainties and other factors relating to the forward-looking statements and information. All forward-looking statements and information made in this news release are qualified by this cautionary statement.

For more information, please contact
Minera Andes Inc.
Nils Engelstad
Vice President, Corporate Affairs
Toll-Free: 1-866-441-0690 or 647-258-0395
647-258-0408 (FAX)
info@minandes.com

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/

23 feb 2010

Hunt Mining Initiates Metallurgical Studies in Santa Cruz Argentina



LIBERTY LAKE, WASHINGTON--(Marketwire - Feb. 23, 2010) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX), has initiated metallurgical testing for several shallow gold-shoots identified during the company's 37,000 plus meter drilling campaign completed in 2009 on the La Josefina Gold Silver property located in Santa Cruz Province, Argentina. Initial testing will include bottle roll tests, small column percolation leach tests and gravity circuit recovery tests. The results are expected to provide a preliminary evaluation of the amenability to heap-leaching of gold mineralization found on, and near surface in oxidized environments. The results will also be incorporated into a scoping level study, which is now partially completed, and will lead to a production decision expected before the end of 2010.

Of the five mineralized shoots identified thus far from drilling, three are scheduled for testing. These include the Sinter zone, a portion of the Amanda-Cecilia vein system, and a portion of the Ailin vein system. All five shoots remain open to expansion.

The Sinter Zone is an area exhibiting flat-lying volcanic stratigraphy partial capped by laminated, siliceous rocks related to Jurassic age hydrothermal or "hot spring" activity. This setting is exposed at the surface over an area of at least 2.5 km by 300 meters. Gold mineralization occurs disseminated within the silica caps and the volcanic unit below. The area is also cut by several breccias pipes exhibiting bonanza grade gold. The zone represents a potential open pit, heap leachable target. The target has been only partially tested and remains open, both laterally and at depth. Forty-four HQ core holes totaling 3,885 meters have been completed to date within the Sinter Zone.

The Ailin, Amanda and Cecilia vein systems represent a different style of mineralization where gold is hosted from surface within and adjacent to fissure veins, breccias and stockworks. The upper portions of these shoots are highly oxidized and could potentially be mined using an open "slot-cut" technique.

Selected results from exploration activities completed in all three target areas slated for metallurgical work include the following:











Complete results from historical drill campaigns at La Josefina can be viewed on the web site at: www.huntmining.com.

The Corporation will use SGS Mineral Services, in Pudahuel Santiago Chile for scheduled metallurgical testing.

James Ebisch is considered a "qualified person" within the definition of that term in National Instrument 43-101, Standards of Disclosure for Mineral Projects, and has supervised the preparation of the technical information contained in this news release.

About Hunt Mining Corp.

Hunt Mining Corp. is a mineral exploration and development company carrying on exploration operations and owning properties in Argentina through its wholly owned subsidiary Cerro Cazador S.A. ("CCSA"). CCSA holds interests in six mineral exploration properties, La Josefina, Bajo Pobre, El Gateado, El Overo, El Alazan and El Tordillo, all located in Santa Cruz province, Argentina. Additional information can be viewed at www.huntmining.com.

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

For more information, please contact
Hunt Mining Corp.
Dean Stuart
(403) 517 2270
dean@boardmarker.net
or
Hunt Mining Corp.
Bryn Harman, CFA
Chief Financial Officer
(509) 892-5287
bharman@huntmining.com
www.huntmining.com



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Rodinia Minerals Inc. Provides Operational Update on Clayton Valley and Diablillos



TORONTO, ONTARIO--(Marketwire - Feb. 23, 2010) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to provide an operational update on its Clayton Valley lithium-brine project in Nevada, USA ("Clayton Valley"), and on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos"). "We are encouraged by the progress our team has made so far in 2010 at Clayton Valley and our ability to add to our land package at Diablillos," remarked David Stein, President and CEO. "In addition, the startup of the exploration program at Diablillos marks another key milestone for the Company." The Company anticipates drilling at both Clayton Valley and Diablillos will assist in establishing a NI 43-101 compliant resource estimate on both properties. The Company also anticipates it will be able to provide additional updates to this effect in the coming weeks.

Clayton Valley Project, Nevada, USA

The previously announced drill program at Clayton Valley (see Press Release dated December 8, 2009) is progressing with four holes completed to date, and a fifth hole on the western margin ready to be re-drilled now that additional casing has arrived at site. Both the eastern and southern claim packages have been tested with two holes each, with the second hole on the southern block currently underway at a depth of 1,500 feet. The technical difficulties encountered in the previous drill campaign have all been resolved, and two holes have successfully reached the basement floor.

Commenting on the drill program at Clayton Valley, William Randall, Vice President Exploration stated, "The drilling is progressing as planned. To date, we have encountered specific gravity and salinity values in discrete, clay bounded aquifers, which through comparative and relative analysis, are consistent with our understanding of rich lithium mineralization. Assaying for lithium is in progress and we anticipate being able to report initial results within the next two weeks to a month."

The Company is also in receipt of a gravity survey with results indicating that basin depths within the Clayton Valley are at their deepest within Rodinia's current claim package. "These deeper areas have the potential to host denser lithium-rich brines as they migrate due to gravitational setting," noted William Randall, (see Figure 1 below for additional details).

"Based on these preliminary findings, and the success of our new technical processes, Rodinia is in the process of staking additional land in Clayton Valley," added David Stein.

Diablillos Project, Salta, Argentina

Through a series of private transactions, Rodinia has expanded its current land package in the Salar de Diablillos to 5,756 hectares, such that the Company now owns the entire nucleus of the salar (see Figure 2 below for additional details). "These additional acquisitions provide a significant strategic advantage to Rodinia, as unlike many other lithium-brine operations, we now control a complete salar in Diablillos, as opposed to sharing the salar with other operators," stated David Stein. "We continue to evaluate opportunities in the area, including the potential to acquire additional land around the margin of the salar."

In addition to the increase in land package, Rodinia has commenced an initial auger drill exploration program at Diablillos. The program will use a two hundred by two hundred meter grid to ensure proper representation of the brine resource and will target brines from sand aquifers below the initial clay layer on the property. Holes are expected to vary in depth between two and four meters, with samples being sent to the ALS Laboratory Group in the USA for analysis. "We anticipate being able to report initial results within the next month," said William Randall.

Management has devised a procedure to ensure sample integrity by minimizing the contamination from external sources and has implemented a full QA/QC protocol that includes blanks and standards.

Figure 1 – Bedrock Depth at Clayton Valley (green and blue areas representing the deepest reservoirs) is available at the following link: http://media3.marketwire.com/docs/rm0223fig1.pdf.

Figure 2 – Rodinia's Claim Boundaries at Salar de Diablillos is available at the following link: http://media3.marketwire.com/docs/rm0223fig2.pdf.

William Randall, P.Geo, the Vice President Exploration of Rodinia, a qualified person, as defined in NI 43- 101 has reviewed and approved the scientific technical information in this release.

About Rodinia Minerals Inc.:

Rodinia Minerals Inc. is a Canadian mineral exploration company with a primary focus on lithium exploration and development in North and South America. The Company is positioned to capitalize on the expected increase in demand for lithium carbonate that is projected to result from the anticipated paradigm shift to mass adoption and use of key lithium applications like lithium-ion batteries as well as glass ceramics, greases, pharmaceuticals etc.

Rodinia is currently exploring its Clayton Valley project in Nevada, USA, which surrounds the only lithium- brine producer in North America, and its Diablillos project in Salta, Argentina.

Please visit the Company's web site at www.rodiniaminerals.com or write us at info@rodiniaminerals.com.

Cautionary Notes

Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Clayton Valley property and results of such drill program; the potential of the Company's projects; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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
Rodinia Minerals Inc.
David Stein
President & CEO
(416) 861-5812
or
Rodinia Minerals Inc.
Aaron Wolfe
Vice President, Corporate Development
(416) 309-2696
info@rodiniaminerals.com
www.rodiniaminerals.com

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/

Golden Minerals Reports 2009 Year-End Results



GOLDEN, CO--(Marketwire - February 22, 2010) - Golden Minerals Company ("Golden Minerals" or the "Company") (TSX: AUM) (PINKSHEETS: GDMN) today announced 2009 year-end results.

2009 Financial Results

For the period March 25, 2009 through December 31, 2009, Golden Minerals recorded a total net loss of $20.3 million, which included among other items, $7.3 million in revenue net of associated costs for management services; interest, royalties and other income of $1.4 million; and a net gain on the disposal of assets of $0.3 million. These items were offset during the period by an impairment of long lived assets of $1.7 million, $8.4 million of administrative expense, $1.0 million of reorganization costs, $12.6 million of exploration expense, and a loss of $2.2 million on the sale of the Company's remaining ARS investments.

At December 31, 2009 Golden Minerals' aggregate cash and short-term investments totaled $9.0 million, including $8.6 million of cash and cash equivalents and $0.4 million of short term investments. During the period March 25, 2009 through December 31, 2009, Golden Minerals received $3.7 million in proceeds from the sale of assets, including the sale of an office building in Bolivia for $0.7 million and the sale of three mining claims and a 49% joint venture interest in Mexico for $3.0 million. During this period the Company also received $3.4 million from the sale of investments, including the sale of the Company's remaining ARS investments for $3.0 million.

Recent Developments

In January 2010, the Company completed a transaction with MH Argentina S.A., a wholly owned subsidiary of Hochschild, pursuant to which Golden Minerals acquired Hochschild's 35% interest in Minera El Quevar, an Argentine company in which the Company held the other 65% interest. Minera El Quevar controls approximately 10,000 hectares of the 64,000 hectare El Quevar project, including the Yaxtché target area. The Company issued 400,000 shares of common stock, and warrants to acquire an additional 300,000 shares exercisable for three years at an exercise price of $15.00 per share.

In January 2010, Golden Minerals completed a private placement with The Sentient Group, an independent private equity firm in the global resources industry with approximately $1.3 billion under management. In the private placement, the Company sold to Sentient a total of 844,694 shares of its common stock at a price of Cdn$7.06 per share, resulting in gross proceeds to the Company of approximately $5.75 million. Sentient became Golden Minerals largest stockholder, holding 19.9% of the outstanding common stock, not including restricted stock held by employees.

About Golden Minerals

Golden Minerals is a Delaware corporation based in Golden, Colorado, primarily engaged in the advancement of its exploration projects and in providing mine management services. The Company has a portfolio of 30 exploration projects, primarily located in Argentina, Mexico and Peru, including the advanced stage El Quevar project in the Salta Province of northwestern Argentina. The Company's experienced management team has proven in house ability to explore, develop and operate mining projects. Golden Minerals operates the San Cristobal mine in Bolivia for Sumitomo Corporation under a Management Services Agreement...

Continue reading at >> www.goldenminerals.com



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22 feb 2010

Li3 Energy Appoints David Wahl and Antonio Ortúzar as Directors



LIMA, PERU--(Marketwire - February 19, 2010) - Li3 Energy, Inc. (OTCBB: LIEG), ("Li3 Energy" or the "Company") is pleased to announce the appointments of David G. Wahl and Antonio Ortúzar to its Board of Directors, effective immediately.

David G. Wahl, P. Eng., P.Geo., is a noted mining professional combining extensive international experience with a knowledge and understanding of mining finance. Mr. Wahl is President and CEO of Southampton Associates - Consulting Engineers & Geoscientists which provides mining sector consulting and technical services to corporate clients, financial institutions and governments. A graduate of the Colorado School of Mines, with a degree of Engineer of Mines, he has reported on mineral exploration and developments in over 60 countries. Mr. Wahl is a technical advisor to prominent financial institutions, government agencies, and national legal and accounting firms. He is a member of the Institute of Corporate Directors and currently sits on a number of Boards of Directors of publicly traded mining companies. Over the past years, Mr. Wahl has spent considerable time in China examining potential opportunities on the Salares of the Qinghai Plateau, Qinghai Province and more recently has undertaken an examination of the Salares on the Puna of Argentina.

Mr. Antonio Ortúzar is a legal expert and member of the Chilean Bar Association. His areas of practice include Project Finance, Mergers and Acquisitions, Securities, Telecommunications, Capital Markets, and Mining Law. Mr. Ortúzar has assisted many clients on all aspects of proposed international joint ventures, project finance, foreign investments, corporate and commercial arrangements in the mining and infrastructure sectors. In addition to his role as legal counsel, Mr. Ortuzar has participated as a business partner in a number of ventures in the mining sector in South America. He has also advised on the issue of bonds and placement of shares on the Chilean Stock Exchange, and ADR on the NYSE. Mr. Ortúzar held the position of Assistant Professor, Economics Law at the Law-School of the Universidad Finis Terrae and was educated at Universidad Gabriela Mistral, Santiago, Chile (Licensee in Juridical and Social Sciences, LL.B., 1988).

Luis Saenz, CEO of Li3, commented, "This is a very positive pair of appointments for us, especially coming at this time. Mr. Wahl brings an extensive professional background and recent experience in one of our primary target regions alongside a solid understanding of the territory, markets and industry as a whole. Mr. Ortúzar offers us solid legal expertise and an understanding both of what we do, and how we can overcome potential pitfalls as we go about growing our business in South America. We are grateful to have them both on board and welcome them to the team."

In related news, Mr. Douglas Perkins has stepped down from his position as a board member.

About Li3 Energy, Inc. (OTCBB: LIEG)

Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally. For more information, visit: www.li3energy.com.

Forward-Looking Statements Certain statements in this news release are forward-looking statements. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "proposes," "hopes," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of Li3 Energy, including, but not limited to, Li3 Energy 's ability to identify appropriate corporate acquisition and/or joint venture opportunities in the lithium mining sector and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities; future economic condition; political stability; and lithium prices. Additional information on risks and other factors that may affect the business and financial results of Li3 Energy can be found in Li3 Energy's annual, quarterly and current reports and other documents filed with the U.S. Securities and Exchange Commission and available at www.sec.gov.

Per: Luis Saenz, CEO
INVESTOR RELATIONS
Adam Chambers
Phone: 315-229-4408
Fax: 315 -506-6725
Email Contact
www.li3energy.com

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Mariana Resources reports on early survey work at Los Amigos


Mariana Resources, the mineral exploration group working in Argentina and Chile, has reported the results from early stage exploration on its Los Amigos project in the Deseado Massif region in Santa Cruz province, southern Argentina.

Together with joint venture partner Hochschild Mining, Mariana has carried out exploration for epithermal gold and silver using geochemical sampling, an airborne magnetic survey and scout drilling of one target.

With the geochemical sampling, rock chip sampling was carried out along a north-west mineralised trend at least 5.5 km long and up to 100 m wide. Of approximately 100 rock chip samples, 25 returned highly anomalous values ranging from 0.1 grams per ton (g/t) to 5 g/t of gold and 5 g/t to 100 g/t of gold...

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18 feb 2010

G4G Resources to Acquire Geothermal Properties in Argentina



VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2010) - G4G Resources Ltd. ("G4G" or the "Company") (TSX VENTURE:GXG), has entered into an exploration contract with option to purchase (the "Agreement") with Grupo Minero Aconcagua S.A. ("Aconcagua"), a private company registered in Argentina and Andean Geothermal Power Corporation ("Andean"), a private company registered in Texas, United States of America. Under the terms of the Agreement, G4G has the option to acquire properties in three separate geothermal areas in Argentina (the "Properties"). In addition, G4G is pleased to announce that it intends to change the name of the company to more effectively reflect the nature of the business with which it is involved. Subject to TSX Venture Exchange and Shareholder approval, G4G will become Americas Geothermal Inc., under the symbol TSX-V: GXG.

The Properties are located in the mining-friendly Provinces of Jujuy, Salta and San Juan, and collectively encompass 45,390 hectares. All properties are in close proximity to roads and/or power lines. A number of properties are also close to current mining operations using diesel generation and potential mining operations which will require power in the future.

"In addition to the acquisition of the rights to the Anetta geothermal property in Salta Province, the newly acquired rights to the Valle del Cura, Tuzgle and Tocomar geothermal properties will add a great deal of value to G4G shareholders," stated Basil Botha, President and CEO of G4G Resources Ltd. "The Valle del Cura property includes the Despoblados property, which is approximately 8 kilometres from Barrick Gold Corporation's Veladero Mine and 20 kilometres from the proposed Pasqua-Lama Mine. Another exciting aspect is that the Tuzgle property is in close proximity to the power grid. Tuzgle is also close to current and potential lithium operations, which require large amounts of power to process lithium and potash."

G4G will develop the Despoblados property under a joint venture with Energia Provincial Sociedad del Estado ("EPSE"), which is the state-owned electrical utility of the province of San Juan. Despoblados covers approximately 3,600 hectares, which is 18% of Valle del Cura, which totals 20,088 hectares. Under the joint venture agreement with EPSE, G4G will acquire 90% of the emerging rights of the Despoblados project and EPSE will retain 10%. The Agreement with Aconcagua and Andean assigns to G4G the rights to earn 100% of the remaining 82% of Valle del Cura, as well as 100% of Tuzgle and 100% of Tocomar.

Following receipt of approval from the TSX Venture Exchange and G4G Shareholders, the Company will make the payments described below and issue 10,000,000 common shares of the company. An additional 5,000,000 common shares of the company will be issued six months thereafter and an additional 5,000,000 common shares of the company six months thereafter. The acquisition includes the provision of a US$265,000 loan to be repaid by G4G to Viso Gero Global Inc. within thirty days following signature of the definitive agreement. G4G will also be required to fund the exploration of the Despoblados property in the amount of US$1,863,000 over two years. G4G intends to raise additional funds required for exploration via brokered and/or non-brokered financings. G4G will compensate the original vendors with a series of payments totaling US$10,150,000 by September 30, 2013 and a 3% royalty on production of electricity.

Following the receipt of the required regulatory approvals, the Company intends to immediately begin development work on the most prospective geothermal energy properties. Work will begin on the Valle del Cura property with a focus on the Despoblados geothermal occurrence and will include structural mapping, geochemistry, geophysics and drilling, with the goal of defining geothermal resources which will support the commercial generation of electricity.

Acquiring the rights to additional properties under the new definitive agreement follows G4G's announcement of December 18, 2009 that the Company has entered into an agreement to acquire 100% of the Anetta geothermal property located in the province of Salta. With these two agreements, G4G will have the potential to develop power projects in three provinces and four geothermal fields in Argentina. Additionally, G4G has made application for the geothermal rights to an additional 18,732 hectares adjacent to Anetta, which will increase the size of Anetta land package from 6,555 hectares to 25,287 hectares. G4G's total geothermal land package in Argentina will be 70,677 hectares.

Completion of the transaction is subject to a number of conditions, including Exchange acceptance and disinterested Shareholder approval. The transaction cannot close until the required Shareholder approval is obtained. There can be no assurances that the transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the Management Information Circular and/or Filing Statement to be prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon. Trading in the securities of G4G Resources Ltd should be considered highly speculative.

The TSX Venture Exchange has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release.

About G4G Resources Ltd.

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

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

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Li3 Energy Executes Final Agreement to Acquire Next Lithium Assets in Big Smoky Valley, Nevada



LIMA, PERU--(Marketwire - February 17, 2010) - Li3 Energy, Inc. (OTCBB: LIEG), ("Li3 Energy" or the "Company") is pleased to announce it has executed a definitive purchase agreement to acquire the assets of Next Lithium Corp. ("Next Lithium").

The Company will acquire options on a 100% interest in up-to 170,000 acres of a strategically located lithium brine mineral property located in Big Smoky Valley near Tonopah, Nevada. The Property shares similar geology to Clayton Valley, which lies a few miles south and contains Rockwood Holdings' Silver Peak Mine, one of the world's leading producers of lithium hydroxide, and currently the only producing lithium mine in the United States of America.

During the 1970's and 80's and following the start of production at the Silver Peak Mine, the United States Geological Survey (USGS), carried out a series of regional reconnaissance programs, including sampling and drilling in Big Smoky Valley. As part of the USGS drill program, one hole was drilled on the Property and a second hole was drilled a short distance west of the Property. Both holes intersected geochemically anomalous concentrations of lithium in the brines, with grades up to 365 ppm. Gravity surveys over the region also confirmed the existence of various structures that may have created topography favorable for evaporite accumulation and subsequent traps, which potentially could host commercially viable mineral rich brines.

Mr. Luis Saenz, President and CEO of Li3 Energy, stated, "We are extremely excited about this project, which represents the largest lithium brine land position near to the Silver Peak Mine. We anticipate very shortly the commencement of our aggressive exploration program, which underscores Li3's commitment to discovering a major lithium resource within the United States, particularly in light of the recent significance the U.S. government has placed on the domestic production of lithium."

Li3's exploration program will include surface sampling, regional and detailed seismic surveys, diamond drilling and pumping tests. The cost of the program has been estimated to be $1.5 million and is expected to be completed by the fourth quarter of 2010.

Closing of the transaction is subject to customary conditions to closing, which is expected to occur shortly.

About Li3 Energy, Inc. (OTCBB: LIEG)
Li3 Energy, Inc. is an early stage, U.S. public company currently pursuing a business strategy in the lithium brine mining and energy sector in the Americas, with an initial focus on identifying and acquiring opportunities in Peru, Argentina, Chile and the United States. Li3 Energy aims to acquire a significant portfolio of lithium brine deposits in the Americas for the purpose of development and production in order to meet growing market demand and to support the clean energy and green energy initiatives being implemented globally. For more information, visit: www.li3energy.com.

Forward-Looking Statements
Certain statements in this news release are forward-looking statements. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "proposes," "hopes," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information and assumptions of management. Actual results may differ materially from those currently anticipated due to a number of factors beyond the reasonable control of Li3 Energy, including, but not limited to, Li3 Energy 's ability to identify appropriate corporate acquisition and/or joint venture opportunities in the lithium mining sector and to establish the technical and managerial infrastructure, and to raise the required capital, to take advantage of, and successfully participate in such opportunities; future economic condition; political stability; and lithium prices. Additional information on risks and other factors that may affect the business and financial results of Li3 Energy can be found in Li3 Energy's annual, quarterly and current reports and other documents filed with the U.S. Securities and Exchange Commission and available at www.sec.gov.

Luis Saenz, CEO
INVESTOR RELATIONS
Adam Chambers
Phone: 315-229-4408
Fax: 315 -506-6725
Email Contact
www.li3energy.com

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U3O8 Corp. to Acquire Mega Uranium’s South American Assets to Create a Dominant South American-Focused Uranium Exploration Company




TORONTO, ONTARIO--(Marketwire - Feb. 17, 2010) -U3O8 Corp. (TSX VENTURE:UWE) and Mega Uranium Ltd. (TSX:MGA) ("Mega") are pleased to announce that they have entered into a definitive agreement under which U3O8 Corp. will acquire all of Mega's South American uranium properties and $4 million in cash in exchange for 30,564,858 common shares of U3O8 Corp. (the "U3O8 Shares"). The acquisition will provide U3O8 Corp. with an expanded portfolio of projects at various stages, from National Instrument 43-101 ("NI 43-101") compliant resources in Guyana, to significant historical resources in Colombia and near-resource and discovery potential in Argentina. U3O8 Corp. will emerge as a well funded dominant explorer with a strong platform for growth in South America – one of the world's promising new frontiers for uranium exploration and development.

Following completion of the sale, Mega has agreed to take steps necessary to distribute the U3O8 Shares directly to its Canadian shareholders, on a pro-rata basis, by way of a dividend-in-kind paid on Mega's common shares, providing Mega's shareholders with direct ownership in U3O8 Corp. Non-resident shareholders will receive cash proceeds in lieu of U3O8 Shares, as further described below.

Strategic Benefits

U3O8 Corp. and Mega believe this transaction will result in significant strategic benefits and enhance shareholder value for both companies by creating a South American-focused uranium discovery and development company that will have:

* Strengthened balance sheet – $8 million in cash to advance resource expansion and drive exploration;

* NI 43-101 resource – U3O8 Corp's initial Indicated Resource of 5.8 million pounds U3O8 (2.7 million tonnes at a grade of 0.10% U3O8) and Inferred Resource of 1.3 million pounds U3O8 (0.65 million tonnes at a grade of 0.09% U3O8) in the Kurupung Batholith in Guyana. Uranium in the Kurupung is geologically similar to albitite-hosted uranium deposits worldwide that typically contain resources in the 50 to 130 million pound range, although there is no guarantee that the Kurupung will host a resource of similar size;

* Significant historic resource – Mega's Berlin Project in Colombia with historical uranium resource1 potential of 12.9 million tonnes at a grade of 0.13% U3O8 (38 million pounds U3O8) as well as potential for vanadium, molybdenum and phosphate by-products;

* Near-resource potential – Ongoing exploration drilling in the Kurupung project continues to define new mineralized areas that are expected to lead to potentially strong resource growth in the short-term. Mega's Laguna Salada project in Chubut Province, Argentina, is poised to advance to resource estimation in 2010;

* Principal exploration opportunities – Drilling on Mega's mineral concessions near the Cerro Solo uranium deposit in Argentina has intersected significant sandstone-hosted uranium mineralization. U3O8 Corp's exploration in the Roraima Basin in Guyana is identifying key features typically associated with unconformity-related uranium in Canada's Athabasca Basin, which is host to approximately one third of the world's uranium resources. U3O8 Corp. expects to commence drilling of its unconformity-related targets in the Roraima Basin in 2010;

* Strong land positions in favourable South American jurisdictions – broader geographic presence in highly prospective regions in Colombia, Guyana and Argentina. Mega has an extensive land position near Argentina's two largest known uranium deposits (10 million pound Cerro Solo and 30 million pound Sierra Pintada deposits) presently owned and under development by Comision Nacional de Energia Atomica (CNEA), the Argentinean national nuclear authority;

* Strong management and board – proven technical and executive teams with a track record of discoveries and experience in South America, uranium exploration, resource development, and financial markets; and

* Broader investor reach – expanded and diverse shareholder base for enhanced market exposure and liquidity.

"This acquisition enhances U3O8 Corp's position as a premier South American uranium exploration company by significantly adding to our resource pipeline and expanding our geographic presence in highly prospective regions. Together, we are establishing a larger platform and a strengthened balance sheet from which to advance a strong uranium portfolio to create value for our shareholders and stakeholders," said Dr. Richard Spencer, U3O8 Corp's President and CEO.

"This transaction represents the first step for us in unlocking shareholder value attributable to our exploration properties, but not fully recognized, as Mega has become more identified as a near-production company due to the progress of our Lake Maitland project," said Sheldon Inwentash, Mega Uranium's Chairman and CEO. "Shareholders of U3O8 Corp. and Mega (through their equity participation in U3O8 Corp.) can benefit directly from the formation of a unique South American-focused uranium company that brings together a suite of advanced projects, strategic land holdings and highly experienced exploration and executive teams aimed at creating a dominant explorer in an environment of accelerating demand for uranium."

Management and Directors

Upon completion of the transaction, management of U3O8 Corp. will consist of Richard Spencer (President and Chief Executive Officer), Carmelo Marrelli (Chief Financial Officer), Richard Cleath and Dr. Hugo Bastias (Vice Presidents responsible for exploration and resource development), Philip Williams (Vice President, Business Development) and Nancy Chan-Palmateer (Vice President, Investor Relations). In addition, two of the existing five directors of U3O8 Corp. will resign, the size of the board of directors of U3O8 Corp. will be increased by one, and three nominees of Mega will be appointed. Accordingly, the U3O8 Corp. board of directors post-closing will be comprised of Sheldon Inwentash, Stewart Taylor, Richard Patricio (as nominees of Mega), and Keith Barron, Bryan Coates, David Constable (the remaining existing directors of U3O8 Corp.). The six directors of U3O8 Corp. post-closing will then agree upon a seventh candidate to be nominated for election at the next shareholders meeting of U3O8 Corp.

Transaction Details

As currently proposed, U3O8 Corp. will issue the U3O8 Shares to Mega, in exchange for all of the outstanding shares of a wholly-owned subsidiary of Mega, which will indirectly hold Mega's South American properties and $4 million in cash. Following completion of the sale, it is expected that Mega will distribute the U3O8 Shares to its shareholders as a dividend-in-kind paid on its common shares (the "Dividend").

No U3O8 Shares will be delivered to Mega shareholders who are, or are deemed to be, non-residents of Canada. Instead, these shares will be aggregated and sold in the open market, in an orderly fashion, on behalf of the non-resident shareholders who will receive a pro-rata share of the cash proceeds from the sale, net of applicable withholding taxes and brokerage fees.

If the transaction is completed as contemplated, Mega will advise shareholders of the record date and payment date of the Dividend.

Prior to the transaction, there are 23,057,700 issued and outstanding common shares of U3O8 Corp. After the completion of the transaction, there will be 53,622,558 common shares outstanding of U3O8 Corp. (approximately 57% of which will be held by Mega shareholders without consideration of U3O8 Shares to be sold on behalf of non-residents and treatment of fractional shares).

The acquisition is subject to the satisfaction of various conditions, including the approval by the Toronto Stock Exchange, TSX Venture Exchange and, in order to effect the Dividend, the approval by Mega's shareholders of a reduction in the stated capital of Mega's common shares at its Annual and Special Meeting to be held on March 19, 2010 (the "Meeting"). Subject to the satisfaction of all conditions, the transaction is expected to close on or about March 31, 2010.

U3O8 Corp's financial advisor is Cormark Securities Inc.

Stewart Taylor, President of Mega and a qualified person for the purposes of NI 43-101, has reviewed the technical information contained in this news release pertaining to Mega's mineral properties.

Richard Spencer, President and CEO of U3O8 Corp., a qualified person for the purposes of NI 43-101, has reviewed the technical information contained in this news release pertaining to U3O8 Corp's mineral properties.

The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This press release is for information purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
(1) The Berlin resource estimate is historical and is reported in Castano, R. (1981), Calcul provisoire des reserves geologiques de Berlin, sur la base des resultants des sondages, unpublished Minatome report, 15p. Recent independent verification of the historical data has not been performed and sufficient exploration work has not been completed to verify the historic estimate. Mega is not treating the historical estimate as current mineral resources and it should not be relied upon. As the 38 million pound U3O8 estimated is based only on 11 widely-spaced drill holes, it is regarded by Mega as merely an indication of the magnitude of the uranium resource potential of the southernmost five kilometre long portion of the syncline containing the Berlin uranium mineralization.

About U3O8 Corp.

U3O8 Corp. is a Toronto-based uranium exploration company in Canada. Currently focused on uranium exploration in the Roraima Basin in Guyana, South America, U3O8 Corp. has exclusive uranium exploration rights covering about one million hectares that straddles the edge of the Roraima Basin in Guyana. The company is advancing a two-pronged exploration strategy that focuses on: (1) exploration for multiple uranium-bearing structures within structural systems in the basement adjacent to the Roraima Basin with the concept that the individual breccia zones could potentially aggregate to a significant total resource; and (2) exploration for unconformity-related uranium deposits near the base of the Roraima Basin, which are similar to those of the prolific Athabasca Basin in Saskatchewan.

Further information on U3O8 Corp's properties are available in the technical report prepared for the company by Dahrouge Geological Consulting Ltd. and dated September 15, 2006 as amended and restated December 12, 2006; and on U3O8 Corp's NI 43-101 resource as detailed in the NI 43-101 report titled "A Technical Review of the Aricheng North and Aricheng South Uranium Deposits in Western Guyana for U3O8 Corp. and Prometheus Resources (Guyana) Inc." by Watts, Griffis and McOuat dated January 14, 2009.

About Mega Uranium Ltd.

Mega is a Toronto-based mineral resources company with a focus on uranium properties in Australia, Canada, Argentina, Colombia and Cameroon. Mega is currently advancing its Lake Maitland uranium project in Western Australia to production. Mega's Ben Lomond and Maureen uranium resources are subject to a Queensland State Government policy that presently prohibits the mining of uranium.

Forward-Looking Information

Certain information in this news release constitutes forward-looking information, which is information regarding possible events, conditions or results of operations that is based upon assumptions about future economic conditions and courses of action. All information other than matters of historical fact may be forward-looking information. In some cases, forward-looking information can be identified by the use of words such as "seek", "expect", "anticipate", "budget", "plan", "estimate", "continue", "forecast", "intend", "believe", "predict", "potential", "target", "may", "could", "would", "might", "will" and similar words or phrases (including negative variations) suggesting future outcomes or statements regarding an outlook. Forward-looking information in this press release includes, but is not limited to, statements about our expectations regarding Mega's and U3O8 Corp's future business and operations, including the resource potential of its properties, and our expectations regarding the strategic benefits and enhanced shareholder value that will result from the proposed transaction.

By its nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Some of the risks and other factors that could cause actual results to differ materially from those expressed in the forward-looking information contained in this release include, but are not limited to: the possibility that the necessary shareholder and regulatory approvals will not be obtained in a timely manner or at all, and that other conditions to completion of the acquisition will not be satisfied; risks related to the inherent uncertainty of mineral exploration and development activities generally, including political and regulatory risks; various factors beyond our control which influence the market prices of our shares. Although we have attempted to identify important factors that could cause actual results or events to differ materially from those described in the forward-looking information, readers are cautioned that this list is not exhaustive and there may be other factors that we have not identified. Readers are cautioned not to place undue reliance on forward-looking information contained in this release. Forward-looking information is based upon our beliefs, estimates and opinions as at the date of this release, which we believe are reasonable, but no assurance can be given that these will prove to be correct. Furthermore, we undertake no obligation to update or revise forward-looking information if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.

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
U3O8 Corp.
Nancy Chan-Palmateer
VP, Investor Relations
(416) 868-1491
nancy@u3o8corp.com
or
U3O8 Corp.
Richard Spencer
President & CEO
(416) 868-1491
richard@u3o8corp.com
www.u3o8corp.com
or
Mega Uranium Ltd.
Richard Patricio
Executive VP, Corporate Affairs
(416) 643-7630
info@megauranium.com
www.megauranium.com

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16 feb 2010

Urex Energy Corp Completes Sale of Argentine Subsidary


February 10, 2010 - Reno, Nevada -- Urex Energy Corporation (the "Company" or "Urex") (OTCBB: URXE) reports that it has completed the sale of its 100% owned Argentine subsidiary, United Energy Metals SA (UEM), to Patagonia Resources Ltd., a corporation domiciled in the British Virgin Islands.

The Company signed a Letter of Intent with UrAmerica Ltd of London, U.K. for the sale of its Argentine subsidiary, United Energy Metals SA (UEM), which was reported in a news release dated December 1, 2009. UrAmerica Ltd., U.K., transferred the acquisition rights of United Energy Metals S.A. to Patagonia Resources Ltd.

The agreement provides for a US $500,000 cash payment to Urex with UrAmerica assuming a maximum liability of US $275,000 for the outstanding UEM debts.

The Company will use the proceeds of the sale to pay down debt and to focus on developing its 100% owned La Jara Mesa Extension uranium property in New Mexico. The La Jara Mesa property is in the process of obtaining exploration drill permits.

About Urex Energy Corporation
Urex Energy Corp. is focused on actively exploring and developing uranium properties in New Mexico. Urex also owns a 100% interest in the La Jara Mesa Extension uranium property consisting of 137 unpatented mining claims in the Grants Mining District, Cibola County, New Mexico. The La Jara Mesa Extension property lies adjacent to Laramide Resources Ltd.'s La Jara Mesa deposit. Between 1950 and 1978 the Grants Mining District produced 270 million pounds of uranium oxide which ranks it as the most prolific uranium district in the United States.

For more information please contact:
Richard Bachman
Tel: 775-747-0667
Email: info@urexenergy.com
www.urexenergy.com

Notice Regarding Forward Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future.



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Urex Energy Corp. 10580 N. McCarran Blvd. Building 115-208 Reno, Nevada USA 89503
Tel: 775-721-8883



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Pan American Silver Reports Best Fourth Quarter in the Company's History



VANCOUVER, BRITISH COLUMBIA, Feb 15, 2010 (MARKETWIRE via COMTEX) -- (All amounts in US dollars unless otherwise stated and all production figures are approximate)

Pan American Silver Corp. /quotes/comstock/11t!paa (CA:PAA 23.59, 0.00, 0.00%) /quotes/comstock/15*!paas/quotes/nls/paas (PAAS 23.19, +0.99, +4.46%) (the "Company") today reported record-setting operating and financial results for the fourth quarter and fiscal year ended December 31, 2009. The Company also provided an update on its operations and its production forecast for 2010.

Fourth Quarter 2009 Highlights (unaudited)(1)

- Silver production increased 30% to 6.0 million ounces.

- Gold production increased 425% to 26,600 ounces.

- Consolidated cash costs declined 35% to $5.36(2) per payable ounce of silver.

- Mine operating earnings were a Company record $57.3 million.

- Net income was $27.8 million or $0.31 per share, as compared to a net loss in the prior year period

- Cash flow from operations (excluding changes in non-cash working capital)(3) was $52.5 million or $0.59 per share.

- Sales increased 234% to a record $154.4 million.

- Acquired Aquiline Resources Inc. and with it, the Navidad project; one of the largest undeveloped primary silver deposits in the world.

2009 Year-End Highlights (unaudited)(1)

- Silver production increased 23% to a record 23.0 million ounces.

- Gold production increased 297% to a record 100,704 ounces.

- Consolidated cash costs declined 7% to $5.53(2) per payable ounce of silver.

- Mine operating earnings rose 35% to a record $126 million.

- Net income increased 152% to $62 million or $0.71 per share.

- Cash flow from operations (excluding changes in non-cash working capital)(3) increased 52% to a record $151.7 million or $1.73 per share.

- Sales increased 34% to a record $454.8 million.

- Completed commissioning and commenced commercial production at the Manantial Espejo mine in Argentina.

- Completed construction of a major expansion and commenced commercial production at the San Vicente mine in Bolivia.

- Signed agreement with Orko Silver Corp. to jointly advance the La Preciosa silver deposit in Mexico.

2010 Outlook

- Silver production expected to increase modestly to 23.4 million ounces at an expected cash cost of $6.40 per ounce, net of by-product credits

- Complete definition drilling and metallurgical tests and produce feasibility report for La Preciosa

- Commence definition drilling, metallurgical testing and advance feasibility study for Navidad

(1) Financial information in this news release is based on Canadian GAAP; results are unaudited; percentages compare year-on-year

(2) Cash costs per payable ounce of silver is a non GAAP measure. The Company believes that, in addition to cost of sales, cash costs per ounce is a useful and complementary benchmark that investors use to evaluate the Company's performance and ability to generate cash flow and is well understood and widely reported in the silver mining industry. However, cash costs per ounce does not have a standardized meaning prescribed by Canadian GAAP. Investors are cautioned that cash costs per ounce should not be construed as an alternative to cost of sales determined in accordance with Canadian GAAP as an indicator of performance. The Company's method of calculating cash costs per ounce may differ from the methods used by other entities and, accordingly, the Company's cash costs per ounce may not be comparable to similarly titled measures used by other entities. See "Financial and Operating Highlights" below for a reconciliation of this measure to the Company's cost of sales.

(3) Cash flow from operations (excluding changes in non-cash working capital) is a non-GAAP measure. This non-GAAP measure is used by the Company to manage and evaluate operating performance and the Company considers this measure to better reflect normalized cash flow generated by operations. Cash flow per share is a non-GAAP measure. Cash flow per share is used as a measure of return on capital and is calculated using cash flow from operations, before working capital changes, divided by basic weighted average shares outstanding. Investors are cautioned that this measure is not defined in current GAAP and there is no comparable measure defined in GAAP.

"2009 was an exceptional year for Pan American," said Geoff Burns, President & CEO. "We recorded our 14th consecutive year of silver production growth with the smooth commissioning of two new mines. Record gold and silver production coupled with the resurgence of precious metal prices allowed us to post new records for both net earnings and operating cash flow. This performance and the maturing of our portfolio of assets has positioned us to be able to declare the first dividend to shareholders in Pan American's history. In addition, with the acquisition of Navidad and the joint venture on La Preciosa we have positioned the Company for a period of transformational growth in 2012 and 2013."

Financial Results

In the fourth quarter, Pan American generated consolidated net income of $27.8 million or $0.31 per share. Net income for the period was reduced by (i) a non-cash fair value charge of $2.2 million for a delay in recovery of refundable value added tax in Argentina, and (ii) an increase to $4.3 million in exploration spending as the Company moved aggressively forward with the La Preciosa development project. Net income for the year was a Company record $62 million or $0.71 per share, an increase of 152% as compared to 2008. The increase in net income was primarily attributable to record gold and silver production, and higher realized silver and gold prices.

Sales during the quarter rose to $154.4 million, an increase of 234% as compared to the same period of 2008. The increase resulted from higher quantities of precious metals sold, combined with significant increases in metal prices. Pan American's revenues jumped to a record $454.8 million for the full year, which was 34% more than in 2008, again due to increased precious metal production and higher realized prices.

The company generated a record $57.3 million in mine operating earnings during the fourth quarter. Annual consolidated mine operating earnings were 35% higher than a year ago at a record $126 million.

During the fourth quarter Pan American generated $52.5 million in cash from operating activities, before working capital adjustments, a vast improvement from the last quarter of 2008 when the company's cash flow from operating activities was negative. During 2009, the Company's cash flow from operations before working capital adjustments jumped 52% to $151.7 million or $1.73 per share as compared to 2008.

At year-end Pan American had cash and short-term investments of $193.1 million, no debt and an undrawn $70 million credit facility.

Production and Operations

Pan American produced 6.0 million ounces of silver and 26,600 ounces of gold during the fourth quarter. San Vicente and Alamo Dorado were the Company's largest silver producing mines in the fourth quarter, each producing 1.1 million ounces. Manantial Espejo produced over 1 million ounces of silver and added 19,500 ounces of gold during the quarter, while the La Colorada mine produced 0.95 million ounces of silver. The Company's three Peruvian operations combined to post a solid quarter adding 1.9 million ounces of silver to Pan American's consolidated production.

In 2009, the Company's silver production grew for the 14th consecutive year to a record 23.0 million ounces, a 23% increase from 2008. Gold production increased to 100,700 ounces, a 300% increase as compared to 2008. Both records were the direct result of commencing commercial operations at Manantial Espejo and San Vicente. In addition, the Company also achieved record zinc and copper production of 44,246 tonnes and 6,446 tonnes, respectively.

Consolidated cash costs for the fourth quarter declined to $5.36 per ounce of silver, net of by-product credits, a 35% decrease from the $8.24 per ounce posted in the last quarter of 2008. Consolidated cash costs for the year were $5.53 per ounce of silver, net of by-product credits, a 7% improvement from the $5.97 posted in 2008 and well below the Company's annual guidance of $6.00 per ounce for 2009. Lower cash costs were a result of ongoing costs-savings programs implemented in late 2008, higher by-product metal prices and the inclusion of low-cost production from Manantial Espejo in the Company's consolidated base.

Outlook

In 2010 the Company expects a 2% increase in silver production to 23.4 million ounces. The anticipated production increase will come from a full year of production from both Manantial Espejo and San Vicente, offset by an expected production decline at Alamo Dorado.

For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/

11 feb 2010

Exeter provides update on proposed spin-out to create two independent companies


RESTRUCTURING TO UNLOCK THE VALUE OF THE HIGH GRADE CERRO MORO GOLD-SILVER PROJECT IN ARGENTINA

VANCOUVER, Feb. 11 /PRNewswire-FirstCall/ - Exeter Resource Corporation (NYSE-Amex:XRA, TSX:XRC and Frankfurt: EXB - "Exeter" or the "Company") has obtained an interim order from the British Columbia Supreme Court providing for a special meeting of shareholders (the "Meeting") required to approve the spin-out of its Argentine assets into a new company to be known as Extorre Gold Mines Limited ("Extorre").

Exeter shareholders of record on January 27, 2010 will be asked to vote on the proposal at the Meeting, which is expected to be convened on March 11, 2010. If approved, the transaction will result in each Exeter shareholder on the effective date of the transaction (expected to be on or about March 17, 2010), receiving one share in Extorre for each share held in Exeter on that date. There will be no change in shareholders' holdings in Exeter.

As announced, under the terms of the transaction Exeter will retain all assets relating to the Caspiche gold-copper discovery, together with approximately $50 million in working capital, and focus on the advancement of Caspiche. Exeter will transfer to Extorre the Cerro Moro and other Argentine exploration properties and approximately $25 million in working capital. Extorre will become an emerging gold-silver producer focused on the high grade Cerro Moro gold-silver project in Argentina.

Extorre will focus on taking Cerro Moro through a Preliminary Assessment Study in Q3-2010. That report that will provide a detailed description of a potential mine at Cerro Moro, including forecast production rates, capital costs, operating costs and cash flows. Extorre also intends to increase the Cerro Moro resource by drilling the many partially explored veins on the property.

Dr. Eric Roth will be CEO and President of Extorre. Eric has worked as a mine geologist on gold mines in Australia and Chile, and as an exploration geologist globally for BHP, the Rio Tinto Group companies and AUR Resources. More recently, Eric was Global Exploration Manager for AngloGold Ashanti. Darcy Daubaras will be CFO and Yale Simpson and Bryce Roxburgh will act as joint non-executive Chairman of the Board.

The board of directors will consist of Yale Simpson, Bryce Roxburgh, Louis Montpellier, Cecil Bond, Robert Reynolds and Ignacio Celorrio. Mr. Celorrio is an Argentine lawyer and partner at Quevedo Abogado, whose practice includes mining law. He is also the president of Malbex San Juan S.A., Minera Cielo Azul S.A., and Inversiones Mineras Australes S.A

The transaction is subject to shareholder and regulatory approvals, including approval of the Toronto Stock Exchange, the NYSE Amex and the Supreme Court of British Columbia.

An information circular setting out further details of the transaction and the Meeting will be mailed February 17th 2010.

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$77 million in its treasury. On January 19, 2010 the Board approved a proposal to undertake a spin-out transaction pursuant to which the assets of Exeter would be separated into two highly focused companies.

On the Caspiche Project in Chile an inferred mineral resource estimate of 1,117 Mt (million metric tons) at a grade of 0.55 grams per metric ton gold and 1.12 grams per metric ton silver including 1,017 Mt at a grade of 0.22% copper was announced in September 2009. This equates to in-situ inferred resources of 19.6 million ounces of gold, 40 million ounces of silver and 4.84 billion pounds of copper (a total of 32.4 million gold equivalent ounces*. Drilling with six rigs is underway to expand and upgrade the resource.

On the Cerro Moro Project in Argentina an initial inferred mineral resource estimate of 646,000 ounces gold equivalent** at a grade of 18 g/t gold equivalent** was announced mid-2009. A new Cerro Moro resource estimate is scheduled for April 2010, to be followed by a Preliminary Assessment Study as noted above. These studies will form the basis of a mine development decision and the submission of the project to Provincial authorities for permitting. Exploration drilling will continue through 2010.

Matthew Williams, Exeter's Exploration Manager and Justin Tolman, Exeter's Caspiche Project Manager both considered 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.

You are invited to visit the Exeter web site at www.exeterresource.com.

    EXETER RESOURCE CORPORATION

Bryce Roxburgh
President and CEO

*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 9-22 dated October 20, 2009).

**Inferred mineral resource estimate of 1,098 Mt 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).

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, infrastructure and other 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, expected cash reserves and the expected benefits of the proposed spin-out transaction. 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.

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

SOURCE Exeter Resource Corporation


For more information on Mining in Argentina, active companies, projects and operating mines, statistics and much more, please visit our website: http://www.argentinamining.com/