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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.

31 may 2010

Malbex Intersects 142 m Grading 0.88 g/t Au and 13.7 g/t Ag; Hole Ends in Mineralization


TORONTO, ONTARIO--(Marketwire - May 31, 2010) - Malbex Resources Inc. (TSX VENTURE:MBG) today announced results from six drill holes within the Del Carmen Norte alteration area of the Company's Del Carmen gold-silver project in San Juan province, Argentina. Two of the holes (DDHC-10-031 and -032) reported today expand the broad zone of silicification and Au-Ag mineralization encountered previously at the Rojo Grande target. The final hole of the drill program (DDHC-10-032) yielded consistent mineralization over 142.15 metres (m) that averages 0.88 gram per tonne (g/t) gold (Au) and 13.7 g/t silver (Ag). This hole ended at 164.15 m in strong mineralization with the final 9.15 m grading 1.94 g/t Au and 13.7 g/t Ag; the hole was terminated early because of mechanical problems with the drilling rig and the onset of winter weather. Hole DDHC-10-032 represents the longest, most consistent intercept of mineralisation encountered to date at Del Carmen Norte. The other holes reported today (DDHC-10-027 to -030) targeted outcropping mineralization about 1.0 kilometre (km) to the southeast of Rojo Grande. With today's announcement, Malbex has now reported all results from the recently completed 32 hole diamond drill program at Del Carmen Norte.

The Rojo Grande target consists of iron oxide-stained vuggy silica and silicification on the north side of the massif that forms the core area of the Del Carmen Norte hydrothermal alteration system where previous drilling intersected 124 m grading 0.57 g/t Au and 8.8 g/t Ag (PR of April 19, 2010, Figure 1). Gold grades greater than 0.1 g/t Au were encountered in silicification and quartz-alunite alteration in DDHC-10-032 from near surface and the hole ended in strong mineralization. Hole DDHC-10-031 passed through 38 m of silicification grading 0.88 g/t Au before entering argillic alteration and low gold values below 50 m. Significant intercepts from the holes reported today at Rojo Grande are:

* DDHC-10-032: 142.15 m grading 0.88 g/t Au and 13.7 g/t Ag (1.11 g/t Au-EQ), including 40.15 m grading 1.45 g/t Au and 19.6 g/t Ag (1.78 g/t Au-EQ)
* DDHC-10-031: 38 m grading 0.88 g/t Au and 12.2 g/t Ag (1.09 g/t Au-EQ)

Four holes tested beneath silicified outcrops on the south side of the Del Carmen Norte massif, along the north flank of Quebrada Pedregosa and northeast of the Naciente Quebrada Pedregosa target (Figure 1). Holes DDHC-10-027 and -28 form a two-hole fan drilled to the northwest (330° azimuth, -45° and -60° dips, respectively) and both holes intersected silicification and low grade mineralization, including:

* DDHC-10-027: 28 m grading 1.53 g/t Au and 0.7 g/t Ag
* DDHC-10-028: 10 m grading 0.32 g/t Au and 0.3 g/t Ag

Holes DDHC-10-029 and -30 were collared 360 m and 220 m to the southwest and northeast, respectively of holes DDHC-10-027 and -28 (Figure 1). No significant results were obtained.

Click the following links to view maps and sections and a complete assay table showing all drill results to date from Del Carmen Norte. The documents may also be accessed at www.malbex.ca/Projects/Del_Carmen.

Del Carmen Norte Drill Results

Rojo Grande consists of a series of prominent reddish weathering silicified outcrops on the northern flank of the massif of high sulphidation hydrothermal alteration. The outcrops are interpreted to be part of a sub-horizontal sheet formed by the preferential silicification of one or more volcanic breccias within the volcanic stratigraphy. Northeast-striking zones of hydrothermal breccias cemented by chalcedony and very fine-grained quartz cut the pre-existing silicification. Selective surface sampling of the cross-cutting hydrothermal breccias yielded chip samples of up to 10 g/t Au. Near-surface silicified rocks with fine-grained hematite and jarosite veinlets in previously reported DDHC-10-17 contain 41 m grading 1.18 g/t Au and 31.2 g/t Ag (PR of April 19, 2010). Previously reported hole DDHC-10-020 intersected mainly moderate to strong silicification in volcanic and hydrothermal breccias which average 0.57 g/t Au over the upper 124.5 m (Figures 2,3).

Hole DDHC-10-031 was drilled at azimuth 165° to test the grade and continuity of mineralization in the Rojo Grande sheet and the faulted southern margin of silicification inferred from surface mapping. While the reported interval (38 m grading 1.09 g/t gold-equivalent (Au-EQ)) was calculated using 0.1 g/t Au as the lower cutoff, a similar interval (35 m grading 1.15 g/t Au-EQ) is obtained using 0.5 g/t Au lower cutoff. The abrupt decrease in silicification and gold mineralization to the south appears to correspond with a change in alteration style and little evidence for faulting is observed in the core (Figure 3). Hole DDHC-10-032 was drilled toward 300° from the same platform as holes DDHC-10-031 and -020. This hole intersected 142 m of silicification and quartz-alunite alteration that averages 1.11 g/t Au-EQ. This interval includes upper and lower subintervals of 34 m grading 1.50 g/t Au-EQ and 40.15 m grading 1.78 g/t Au-EQ, respectively (Figure 4). The hole ended in the lower mineralized interval due to the combination of mechanical problems and the onset of Andean winter.

The hydrothermal alteration zonation is anomalously complex in the Quebrada Pedregosa target area (Figure 5). Holes DDHC-10-027 to -030 were drilled toward the northwest (azimuths from 285° to 330°) to test beneath variably northeast-striking silicified structures and quartz veins. There are multiple intervals in DDHC-10-027 with greater than 0.5 g/t Au-EQ including 8 m grading 3.87 g/t Au-EQ and 3 m grading 3.24 g/t Au-EQ. The style, width and grades of mineralization in DDHC-10-027 are similar to those reported previously from the Naciente Quebrada Pedregosa target almost 700 m to the southwest (DDHC-10-023 with 49 m grading 1.11 g/t Au and 0.15 g/t Ag and 21 m grading 1.69 g/t Au and 0.11 g/t Ag, PR of April 19, 2010; DDHC-10-024 with 22 m grading 2.75 g/t Au and 0.29 g/t Ag and 12 m grading 2.01 g/t Au and 0.12 g/t Ag, PR of May 27, 2010).

The weaker mineralization in the underlying hole DDHC-10-028 (10m grading 0.32 g/t Au-EQ) suggests the mineralized structures are not steep or have limited vertical continuity (Figure 6). Holes DDHC-10-029 and -030 did not intersect any significant gold mineralization.

Significant mineralized intercepts from the Rojo Grande and Quebrada Pedregosa targets are tabulated below.



There has been insufficient drilling to date to reliably calculate true widths for the mineralized intercepts tabulated above.

Del Carmen Geology and Work Program

The 147 km2 Del Carmen concession package is located near the southern end of the El Indio Gold Belt, and hosts the Del Carmen Norte and Del Carmen Sur hydrothermal alteration systems. Del Carmen Norte is a large high sulphidation epithermal gold-silver system that covers approximately 9 km2. The initial interpretation of the geology at Del Carmen Norte is of a generally sub-horizontal volcanic stratigraphy where lithologies favourable for silicification and mineralization are sandwiched between less favourable volcanic layers, and cut by steep faults that strongly influenced hydrothermal fluid flow.

In addition to the 4,710 m (32 hole) diamond drilling program, mapping and rock chip sampling,
128 km of ground magnetometer and 14.1 km of controlled source audio-magneto-telluric surveys (CSAMT) were completed at Del Carmen Norte in the just-completed field campaign. CSAMT surveying is employed to identify zones of enhanced resistivity due to hydrothermal silicification within high sulphidation epithermal systems and to aid in identifying buried drilling targets.

A second, less exposed, high sulphidation epithermal system occurs at Del Carmen Sur some 5 km to the south of Del Carmen Norte. Geological mapping, sampling and mechanical trenching were conducted at Del Carmen Sur in the recently completed field season.

Technical Information

Diamond drill hole samples consist of HQ-3 (6.11 cm diameter) core that is sawn in half by electric saw on site. Malbex's quality assurance-quality control (QA-QC) program consists of the insertion in every 20 samples of at least one certified standard of known gold content, one blank (sample known to consist of very low levels of gold to ensure adequate cleaning of the sample preparation equipment between samples) and one field duplicate. Samples of significant drill intercepts will be sent to two additional independent laboratories to verify gold and silver analyses when necessary. Metallic screen fire analyses for gold will also be run regularly on discovered mineralization as an additional QA-QC check. The half core remaining after sampling is stored in a Malbex-run facility in San Juan for verification and reference purposes.

Peter Stewart, PhD, Vice-President Exploration of Malbex Resources Inc., is a Professional Geoscientist in the Province of Ontario, and is the Qualified Person as defined by NI 43-101 responsible for the technical information presented in this news release.

About Malbex

Malbex Resources Inc. is a gold exploration company led by experienced management and directors. Malbex holds an indirect 100% interest in three exploration projects in Argentina's El Indio Gold Belt, which hosts over 40 million ounces of gold in past production and current reserves. Two of the projects are in close proximity to Barrick's Veladero and Pascua-Lama gold deposits. For more information, please visit www.malbex.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, anticipated financial results, future work programs, capital expenditures and objectives. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in the Company's annual information form under the heading "Risk Factors". There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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

For more information, please contact
Malbex Resources Inc.
Tim Warman
President and Chief Executive Officer
(416) 628-0215
or
Malbex Resources Inc.
Marla Gale
VP Investor Relations
(416) 628-0215
ir@malbex.ca
www.malbex.ca


Cauldron Energy. Getting ahead in uranium


It’s a pretty opportune time to be in the uranium game, particularly if you’re in Australia; the country is home to 40 per cent of the world’s reserves. The nuclear energy renaissance is well under way, and the resource is getting more attention than ever. One company who knows exactly what this is all about is Cauldron Energy Limited, a Perth, Western Australia-based progressive resource company with an increasing global presence and asset base, well positioned to take advantage of the market upturn.

Cauldron showcases what it is to get in there first. Whether it’s the way the company began, or plans for multiple drilling programmes scheduled to take place within the coming months, these guys waste no time. As the world looks to at base-load power generation capable of greenhouse gas emission reduction, it is clear that nuclear is a front runner. In turn, uranium continues to become all the more intrinsic to our future energy needs, and Cauldron shows why the company is ready to meet the demands of the global markets.

Forming a bigger, more diverse company

Cauldron began back in 2009, when one junior focused on uranium exploration in Australia, Scimitar Resources, formed with another junior effectively focused on uranium in Argentina, Jackson Minerals. Terry Topping, who founded Scimitar and in now CEO at Cauldron, explained that the merger presented clear advantages to both sides at the time.

“There were two companies going down parallel paths, but 12 months ago financing was difficult,” he says. “One of the major shareholders in Jackson Minerals was Tony Sage, and I’ve known Tony through other business interests, and he thought it would be a good idea to put these two companies looking for uranium together. He has a financial background, came on as Chairman and we’ve raised capital since then.”

Sage’s plan appears to have paid off well, as today Cauldron contains an impressively diverse portfolio of projects. Perhaps that’s why, when asked about which are the core-focus, Topping explains that Cauldron covers all of them independently and with due consideration.

“As far as principle projects go there are probably four, for different reasons. There are two in Australia and two in Argentina,” he says. “The two in Australia are the Yanrey Project where we have a resource and we’re adjacent to Paladin Resources’ Manyingee deposit.”

The Yanrey project has already identified significant mineralisation and offered up plenty of ideas, prompting further drilling in the next few months.
“We’ve got a joint venture in South Australia with a Korean consortium, KORES Australia Marree Pty Ltd (a subsidiary of Korea Resources Corporation) which is the Korean Government, Daewoo International and LG International; so obviously very big international Korean corporations,” Topping says of the Marree Uranium Project.

“Then there are the two projects in Argentina; Las Marias and Rio Colorado. We’re about to start drilling in Las Marias. Six to 12 months ago we were more focused on Rio Colorado, but recently we’ve got approvals for drilling in Las Marias and we’re the first company to get those all the way up to bulk sampling for uranium in that province.”

Cauldron will commence drilling at Las Marias imminently, and their exploration spread really shows that this is not a single-focus company, but a sizeable multi-asset force to be reckoned with.

The Cauldron’s uranium game advantages

Topping says that one aspect which characterises Cauldron today is the mutual philosophies both Scimitar and Jackson had in different countries. Back in late 2004/early 2005, Topping says Scimitar took a look at the uranium industry in Australia and there were very few participants, about as few as five.
“It was very early days, the uranium price was around $20. We looked for known uranium provinces and vacant ground adjacent to resources. We were able to do that in four areas. (Yanrey, two in the Northern Territory and one in South Australia),” he says.

“From that side of things we were able to get large 100-per cent owned land holdings in known uranium provinces. The Jackson Minerals side of it was a very similar scenario but they did the same thing in Argentina. They went to old records from the 50’s and 60’s and went out in the field to identify where uranium mineralisation was.”

Although Jackson’s work differed in that they had large land holdings around outcropping sandstone hosts of uranium mineralisation, which allowed for surface sampling and the like, the approach to getting hold of uranium projects first was the same.

Another important factor which has changed the scope of uranium exploration today is, of course, technology. Topping explains that advancements since uranium mining halted decades ago in Australia have made it a very different scenario today.

“In targeting uranium, mineralisation using modern geophysics techniques is ultra-important, and it’s what separates the exploration today from the exploration that stopped 30 years ago—in Australia uranium exploration stopped 30 years ago—and they didn’t have Airborne EM(Airborne Electro-Magnetic), it just wasn’t available,” he says.

“What we can do today is go back to known provinces and fly EM, which is where we use Kath McKenna and the GPX group (GPX Airborne, the airborne and ground geophysical data company of which McKenna is MD), and we’ve identified palaeochannels which host the mineralisation.”

Having this technology available is giving Cauldron a much better understanding of what’s going on with the geology, which effectively in Australia is very flat-lying and sand covered.

“It gives us a 3D look at the geology without drilling, so then we can target our drilling in much more detail which they really could not do 30 years ago,” Topping explains. “Without a doubt it’s one of the ground-breaking technologies that will make a big difference in uranium exploration in Australia.”
And alongside this sort of cutting-edge technology, it’s easy to see Cauldron’s first mover advantage in today’s uranium game; a move which Topping defines to be one of the company’s competitive edges.

“We were able to pick up very large landholdings in prospective ground. We’ve already got resources, we’ve already got identified mineralisation, and we’ve spent three or four years acquiring this EM data, the geophysical data and putting a lot into target generation,” he states.
“Having said that, we’ve also done a lot of drilling and our company does put the dollars from our investors into the ground because that’s how you add value.”
There is plenty more drilling to come, too.

The upcoming drilling

Most recently, Cauldron put out an announcement that it plans to do 13,000 metres of drilling.

“That drilling will be spread over Yanrey in Western Australia where we will do further resource definition and resource extension,” Topping says. “We will also do exploration drilling in new Palaeo-channels that we’ve identified, so it’s a bit of both really. We will continue to work on the joint venture in Southern Australia where we’re looking for sandstone-hosted mineralisation. That drilling just started last week so we’ve got a 2,000 metre programme underway.”

This programme will kick off in around six week time, as Cauldron gathers its very final approvals in the duration. More immediately, the work in Argentina is about to start, where the company has been the first to achieve approval in the location. “Within the next week or so we should start our first drilling in Argentina which as a group we’re very proud of. We start about 600-1,000 metres of diamond drilling at Las Marias,” Topping says.

“So at the moment there are three programmes that are either done or imminent and we have a couple waiting to start in the next few months time.”

Wasting no time and continuing to operate ahead of the pack, Cauldron has a solid, diverse and extremely exciting drilling programme set-up here. The growing demand for uranium is clear, this company’s capability, land holding and ability to act fast where necessary is crystal, and as the company works towards everything from readdressing Argentina’s energy security (it is a great nuclear generator with little local supply), to working on its exemplary joint venture with the Korean consortium, this drilling programme is just the beginning.


Russia, Namibia to sign uranium exploration memo

MOSCOW May 19 (Reuters) - Russia and Namibia will agree this week to explore jointly for uranium in Namibia, the Kremlin said on Wednesday as Moscow seeks to compete with global miner Rio Tinto (RIO.L: Quote) in the African country.

Moscow and Windhoek plan to sign a memorandum of intent when Namibian President Hifikepunye Pohamba visits Russia on Thursday-Saturday to meet Russian President Dmitry Medvedev and Prime Minister Vladimir Putin.

Medvedev discussed the idea when visiting Namibia last year as part of his trip to promote Moscow's interests in Africa, where it faces competition with China and the West for resources.

"The interest of Russian businessmen in accessing the promising market in Namibia, which has vast mineral reserves, is steadily growing," the Kremlin said in a statement.

Namibia, the world's fourth-largest uranium producer, is home to the Rossing mine operated by Rio Tinto (RIO.L: Quote)(RIO.AX: Quote), which together with Paladin Energy's (PDN.AX: Quote)(PDN.TO: Quote) Langer Heinrich mine accounts for about 10 percent of global output.

The two companies have expanded their operations in response to a growing global demand for low-carbon energy sources.

Other firms have been joining the exploration drive, with several new mines due to come on stream in the next five years.

Russian firms have already come up against Rio Tinto (RIO.AX: Quote) much closer to Russian borders.

Last year, Mongolia struck a long awaited deal with Rio and its partner, Ivanhoe, on development of Oyu Tolgoi -- one of the world's largest untapped copper-gold deposits -- which Russian investors had coveted, too.

Russia and Namibia will also consider widening Russian involvement "in big projects" in Namibia, including mineral deposits, hydrocarbon exploration and power, the Kremlin said without elaborating.

(Writing by Denis Dyomkin; Editing by Keiron Henderson)

28 may 2010

Hunt Mining Corp.: Appointment of Mr. Jacques Perron to Board of Directors


LIBERTY LAKE, WASHINGTON--(Marketwire - May 28, 2010) - Hunt Mining Corp. (the "Corporation") (TSX VENTURE:HMX), is pleased to announce the appointment of Mr. Jacques Perron, P. Eng to the Corporations board of directors effective May 25th, 2010.

Mr. Perron is President and Chief Executive Officer of St. Andrew Goldfields Ltd. (SAS on TSX), a Canadian based gold producer and mining company with an extensive land package in the Timmins mining district, Northeastern Ontario.

Mr. Perron obtained his B.Sc. in mining engineering at l'Ecole Polytechnique in 1984 and until 2000 he held engineering or management positions with Noranda Inc., J.S. Redpath and Cambior. Following the acquisition of the Cambior Quebec base metal assets by Breakwater, he was appointed General Manager of Breakwater's Quebec Operations. Between 2001 and 2004, he managed all business activities at the Campbell Mine for Placer Dome and subsequently the Key Lake/McArthur River operations, followed by the BPEP project (business process enhancement project) for the uranium producer, Cameco. In 2004, he returned to Cambior as Vice President, Canada and was in charge of the Canadian assets including three gold mines and one niobium operation. When IAMGOLD acquired Cambior in 2006, the South American operations were added to his responsibilities. In October 2007, Mr Perron joined St Andrew Goldfields Ltd.

Matthew J. Hughes, President and CEO of Hunt Mining states "We are extremely pleased with the addition of Mr. Perron to the board. His appointment will strengthen the board and he will be instrumental in guiding and expanding our Argentina exploration and development strategies. Mr. Perron's extensive experience in mine development, operations and oversight will be invaluable as we move towards production at our Flagship La Josefina project in Santa Cruz Province Argentina".

This appointment is subject to TSX Venture Exchange approval.

About Hunt Mining Corp.

Hunt Mining Corp has been an active and aggressive explorer in Santa Cruz since 2006 during which time the Corporations' subsidiary, Cerro Cazador S.A. (CCSA) has completed more than 37,000 meters of HQ core drilling, 416 line kilometers of IP geophysical surveys and has taken more than 10,000 surface channel, chip, and trench samples. Historical results and 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
Investor Relations
(403) 517 2270
dstuart@huntmining.com
or
Hunt Mining Corp.
Matthew J. Hughes
President and CEO
(509) 892-5287
mhughes@huntmining.com
www.huntmining.com

27 may 2010

Malbex Intersects 22 m of 2.75 g/t Au in Drilling at Del Carmen Norte


TORONTO, ONTARIO--(Marketwire - May 27, 2010) - Malbex Resources Inc. (TSX VENTURE:MBG) today announced results from five drill holes within the Del Carmen Norte area of the Company's Del Carmen gold-silver project in San Juan province, Argentina. Three of the holes (DDHC-10-024 to -026) reported here confirm multiple zones of mineralization encountered previously at the Naciente Quebrada Pedregosa target, while the other two holes (DDHC-10-021 and -022) targeted mineralization reported previously from the Brecha Limite target. Results for the final six drill holes of the 32 hole program at Del Carmen Norte are pending.

The Naciente Quebrada Pedregosa target comprises three or more northeast-striking silicified structures that yielded chip samples from outcrop of up to 165 g/t Au over 1 m. These structures were tested by four holes drilled in a fan from a single drill pad (Figure 1), the first of which (DDHC-10-023) was reported previously. The three new holes reported today intersected two or more mineralized intervals apparently preferentially hosted by dacite porphyry within andesitic breccias, including:

* DDHC-10-024: 22 m grading 2.75 g/t Au and 0.29 g/t Ag and 12 m grading 2.01 g/t Au and 0.12 g/t Ag
* DDHC-10-025: 25 m grading 0.98 g/t Au and 0.13 g/t Ag
* DDHC-10-026: 10 m grading 1.25 g/t Au and 0.11 g/t Ag

The mineralization intersected at Naciente Quebrada Pedregosa appears to represent strongly silicified, north-east trending vertical to sub-vertical structures that have acted as conduits for hydrothermal fluids. Because of the geometry of these three new holes, they may not have sampled all of the mineralised zones encountered in the previously released hole
DDHC-10-023, particularly the lowermost zone of 16 m grading 2.64 g/t Au and 6.08 g/t Ag.

At Brecha Limite, an outcrop of intense silicification, vuggy silica and quartz-alunite alteration occurs near the Argentina-Chile border (Figure 1). Two of the holes reported today intersected low grade Au-Ag mineralization in vuggy silica and quartz-alunite alteration, including:

* DDHC-10-021: 30.0 m grading 0.48 g/t Au and 12.28 g/t Ag
* DDHC-10-022: 38.0 m grading 0.34 g/t Au and 6.38 g/t Ag

Hole DDHC-10-022 was drilled under the previously reported DDHC-10-008 (35 m at 2.2 g/t Au and 42.9 g/t Ag, PR of February 17, 2010), but encountered lower grades corresponding with the downward disappearance of silicification within the near vertical panel of quartz-alunite alteration in andesitic volcanic rocks. Brecha Limite may represent the remnant of a less well-developed vertical fluid conduit at the margins of the Del Carmen Norte alteration system.

"These results from Naciente Quebrada Pedregosa demonstrate how drilling beneath a small surface exposure can identify multiple zones of very prospective mineralisation at relatively shallow depths. Overall, our understanding of the geology and the controls on mineralization at Del Carmen Norte has advanced remarkably during this first season of drilling," said Tim Warman, President and CEO. "We now believe the area most prospective for hosting bulk-tonnage mineralization is within the centre of the Del Carmen Norte alteration system surrounding the strongly silicified outcrops at Rojo Grande. While we have relatively few holes from this area to date, the initial drill results from Rojo Grande and adjacent areas like Naciente Quebrada Pedregosa support our exploration model of sub-vertical mineralised structures intersecting thicker and more extensive bodies of sub-horizontal silicification. Our goal for the coming field season will be to demonstrate continuity of mineralization within the large hydrothermal alteration system and begin to prove up tonnage as we advance towards our goal of finding the fourth major gold deposit in the El Indio Gold Belt."

Click the following links to view maps and sections and a complete assay table showing all drill results to date from Del Carmen Norte. The documents may also be accessed at www.malbex.ca/Projects/Del_Carmen.

Del Carmen Norte Drill Results

The Naciente Quebrada Pedregosa target consists of a series of northeast-striking quartz veinlets within silicified structures exposed in a steep, talus-covered slope (chip samples with up to 165 g/t Au). The target lies greater than 100 m below silicified rocks interpreted to represent the barren steam-heated (lithocap) zone that straddle the international border. The steam-heated zone indicates limited erosion of very near-surface hydrothermal alteration. Several zones of moderate to strong silicification, quartz veinlets and probable hydrothermal breccias occur in northwest-dipping dacite porphyry in andesitic breccias. Oxidised iron minerals (jarosite, hematite, goethite) are locally prominent in the silicified intervals. Previously reported hole DDHC-10-023 (azimuth 330 degrees) intersected four intervals that average greater than 1 gram per tonne (g/t) gold (Au) including 49 m @ 1.11 g/t Au (PR of April 19, 2010). Hole DDHC-10-024 was drilled more steeply to the northwest (dip -60 degrees) to test beneath DDHC-10-023 (dip -45 degrees) and also intersected four intervals within a dacite porphyry averaging greater than 1 g/t Au (Figure 2). Holes DDHC-10-025 and -026 were drilled from the same platform to the west (azimuth 295 degrees) and north (azimuth 010 degrees), respectively (Figure 3) and intersected multiple mineralised intervals (Figures 4,5) that confirm the northeast strike of veinlets and silicification on surface. The extent of the dacite porphyry is not yet defined.

Previously reported Brecha Limite holes DDHC-10-007 and DDHC-10-008 were drilled toward 330 degrees beneath outcropping vuggy silica alteration and hydrothermal breccia with up to 6.67 g/t Au in surface samples. DDHC-10-007 was abandoned at 34.8 m due to difficult drilling conditions. Hole DDHC-10-008 was collared about 60 m to the southwest at the same azimuth and slightly shallower dip than DDHC-10-007 (60 degrees vs. 65 degrees) (Figure 6). DDHC-10-022 was drilled to the northwest to test about 50 m vertically below the previously reported result of 35 m grading 2.2 g/t Au and 42.9 g/t silver (Ag) in DDHC-10-008 (Figure 7). DDHC-10-021 tested for along strike continuity of structure-controlled mineralization about 60 m to the northeast from the same platform and with the same azimuth and dip as DDHC-10-007 (Figures 6,8).

Multiple pulses of very fine-grained silica-cemented hydrothermal breccias cutting silicification within a sequence of andesitic breccias characterize the mineralized interval at Brecha Limite. Sulphides are largely oxidized to jarosite in silicified and quartz-alunite altered rocks whereas fresh pyrite is disseminated in the enveloping advanced to intermediate argillic alteration. The grade of Au-Ag mineralization and width of silicification decrease downward (DDHC-10-022, 38 m grading 0.34 g/t Au cf. DDHC-10-008, 35 m grading 2.2 g./t Au and 42.9 g/t Ag). DDHC-10-007 ended in mineralization (16.8 m @ 0.59 g/t Au and 10.7 g/t Ag). Hole DDHC-10-021 widens this zone of mineralization to 30 m @ 0.48 g/t Au and 12.28 g/t Ag (Figure 8) and confirms the northeast-strike of the controlling structures (Figure 6). Hole DDHC-10-022 ended at 149.35 m shortly after re-entering quartz-alunite alteration, potentially representing a second mineralized structure to the northwest.

Significant mineralized intercepts from the Brecha Limite and Naciente Quebrada Pedregosa targets are tabulated below.



There has been insufficient drilling to date to reliably calculate true widths for the mineralized intercepts tabulated above.

Del Carmen Geology and Work Program

The 147 km2 Del Carmen concession package is located near the southern end of the El Indio Gold Belt, and hosts the Del Carmen Norte and Del Carmen Sur hydrothermal alteration systems. Del Carmen Norte is a large high sulphidation epithermal gold-silver system that covers approximately 9 km2. The initial interpretation of the geology at Del Carmen Norte is of a generally sub-horizontal volcanic stratigraphy where lithologies favourable for silicification and mineralization are sandwiched between less favourable volcanic layers, and cut by steep faults that strongly influenced hydrothermal fluid flow.

In addition to the 4,710 m (32 hole) diamond drilling program, mapping and rock chip sampling, 128 km of ground magnetometer and 14.1 km of controlled source audio-magneto-telluric surveys (CSAMT) have recently been completed at Del Carmen Norte. CSAMT surveying is employed to identify zones of enhanced resistivity due to hydrothermal silicification within high sulphidation epithermal systems and will aid in identifying buried targets. Over the coming months, the Malbex geological team will compile a 3-D model of Del Carmen Norte incorporating all of the results in order to identify drill targets for the coming field season. The goal of the coming season is to demonstrate continuity of mineralization and move towards resource definition.

A second, less exposed, high sulphidation epithermal system occurs at Del Carmen Sur some 5 km to the south of Del Carmen Norte. Geological mapping, sampling and mechanical trenching were conducted at Del Carmen Sur in the recently completed field season.

The Del Carmen camp was demobilized, including transport of all drill core to Malbex facilities in San Juan, by May 1st. The campsite has been cleaned and prepared for mobilization and the resumption of exploration in October 2010 after the Andean winter.

Other projects in the El Indio Gold Belt

Malbex has two additional properties at the northern end of the El Indio Gold Belt. The Despoblados project lies less than 10 km east of the Veladero mine and the Los Amarillos project is located less than 10 km northeast of the Pascua-Lama deposit currently being developed by Barrick.

Malbex closed the Despoblados camp in mid April having completed a successful season of geological mapping and geophysical surveying (magnetometer and CSAMT) at both projects. Detailed mapping and rock chip sampling of known hydrothermal alteration zones at Los Amarillos was complemented by a stream sediment geochemical sampling program to evaluate the entire property.

Technical Information

Diamond drill hole samples consist of HQ-3 (6.11 cm diameter) core that is sawn in half by electric saw on site. Malbex's quality assurance-quality control (QA-QC) program consists of the insertion in every 20 samples of at least one certified standard of known gold content, one blank (sample known to consist of very low levels of gold to ensure adequate cleaning of the sample preparation equipment between samples) and one field duplicate. Samples of significant drill intercepts will be sent to two additional independent laboratories to verify gold and silver analyses when necessary. Metallic screen fire analyses for gold will also be run regularly on discovered mineralization as an additional QA-QC check. The half core remaining after sampling is stored in a Malbex-run facility in San Juan for verification and reference purposes.

Peter Stewart, PhD, Vice-President Exploration of Malbex Resources Inc., is a Professional Geoscientist in the Province of Ontario, and is the Qualified Person as defined by NI 43-101 responsible for the technical information presented in this news release.

About Malbex

Malbex Resources Inc. is a gold exploration company led by experienced management and directors. Malbex holds an indirect 100% interest in three exploration projects in Argentina's El Indio Gold Belt, which hosts over 40 million ounces of gold in past production and current reserves. Two of the projects are in close proximity to Barrick's Veladero and Pascua-Lama gold deposits. For more information, please visit www.malbex.ca.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION: This news release includes certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, anticipated financial results, future work programs, capital expenditures and objectives. Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in the Company's annual information form under the heading "Risk Factors". There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.

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

For more information, please contact
Malbex Resources Inc.
Tim Warman
President and Chief Executive Officer
(416) 628-0215
or
Malbex Resources Inc.
Marla Gale
VP Investor Relations
(416) 628-0215
ir@malbex.ca
www.malbex.ca

Silver Standard Resources Inc. Announces the Appointment of John Smith as President and Chief Executive Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2010) - The Board of Directors of Silver Standard (TSX:SSO)(NASDAQ:SSRI) is very pleased to announce the appointment of John Smith as Chief Executive Officer of the company, effective August 6, 2010. Mike Anglin will continue to be Interim President and Chief Executive Officer until that time, when he will revert to his previous role as director.

Mr. Smith, age 53, has over 30 years of varied experience in the resources industry. He started his career in the North Sea oil industry and has spent the last 18 years with BHPBilliton, most recently as Vice President, Resourcing and Development, based in Melbourne, Australia. He has worked in various operational, strategic, M&A, and commercial functions within BHPBilliton, including over three years as CEO of the BHPBilliton Mitsubishi Alliance, which operates one of the world's largest coal operations in the Bowen Basin of Queensland, consisting of nine mines, a port, and 4,000 employees. Under his leadership, four of the mines completed significant expansion projects, one new mine was brought into operation, and a tenth mine was developed to within a year of production. He has a BA, Commerce degree from Robert Gordon University in Aberdeen, Scotland, and an MBA with Distinction from Aberdeen University.

Peter Tomsett, Chairman of Silver Standard, said, "After conducting an extensive international search, we are delighted to have such a seasoned executive as John join us as CEO at this exciting stage in the company's development. As we continue to move from exploration into a substantial operating and development company, we believe John has the ideal credentials to successfully lead us to the next level of performance. His broad international industry skills, and outstanding track record of success over many years will stand us in good stead as we strive to deliver value to our shareholders from our project portfolio."

John Smith commented, "I am very pleased to have the opportunity to lead Silver Standard at this important time. The company has an excellent portfolio of projects and a highly skilled and enthusiastic group of employees that together are capable of taking the company to the next level. My goal will be to flawlessly execute our strategy by delivering full value from our resource base, while continuing to look for additional accretive growth opportunities."

Cautionary Statements on Forward Looking Information: Statements in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and forward looking information within Canadian securities laws ("Forward-looking statements"). Forward-looking statements are statements that are not historical facts and that are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. Such risks and uncertainties include, but are not limited to: the company's ability to raise sufficient capital to fund development; changes in economic conditions or financial markets; changes in prices for the company's mineral products or increases in input costs; uncertainty of production cost estimates for the Pirquitas Mine; risks and uncertainties associated with new mining operations, including start-up delays and operational issues; risks relating to the interpretation of drill results and the geology, grade and continuity of our mineral deposits; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments in Argentina, Australia, Canada, Chile, Mexico, Peru, the United States and other jurisdictions in which the company may carry on business; technological and operational difficulties or the delay, non-compliance or inability to obtain permits encountered in connection with exploration and development activities; labour relations matters; and changing foreign exchange rates, all of which are described more fully in the company's most recent Form 20-F, and in the Management Discussion and Analysis under the heading "Risks and Uncertainties" and in other filings with the Securities and Exchange Commission and Canadian regulatory authorities.

Source: Silver Standard Resources Inc.

For more information, please contact
Silver Standard Resources Inc.
A. E. Michael Anglin
President and CEO
(604) 689-3846 or N.A. Toll Free: 1-888-338-0046
(604) 689-3847 (FAX)
invest@silverstandard.com
www.silverstandard.com

Rodinia Minerals Inc. Defines 2.5 km by 4 km High-Grade Lithium-Potash Zone Near Surface at Salar De Diablillos Through Auger Drilling

- Near-Surface Brines Consisting of Up to 1000 mg/L Lithium and 11000 mg/L Potassium

- Salar Nucleus Averaging 868 mg/L Lithium and 9300 mg/L Potassium

- Favourable Magnesium Levels With Attractive Sulphate Ratios

- RC Drill Program to Explore Salar at Depth to Commence Shortly

TORONTO, ONTARIO--(Marketwire - May 26, 2010) - Rodinia Minerals Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF), announces completed phase II sample results from its auger drill exploration program on its Salar de Diablillos lithium-brine project in Salta, Argentina ("Diablillos" or the "Salar") (See Press Releases dated March 1, 2010 and April 20, 2010).

Based on the completed sampling program of 102 sample holes, the Diablillos auger drill exploration program returned lithium ("Li") values of up to 1,000 milligrams per litre ("mg/L") and potassium ("K") values of up to 11,000 mg/L. Focusing on the nucleus of the Salar, which the Company believes represents the highest probability for production (see Figure 1 below), results returned average Li of 868 mg/L and average K of 9,300 mg/L with favourable magnesium ("Mg") to Li ratio of 3.98 and attractive sulphate ratio of 5.33 SO4:Li. The results also indicate that the higher-grade Salar nucleus is open to the east. Previously reported results for the auger drill program were based on a total of 30 sample holes. The full set of results reinforces the Company's belief that Diablillos may contain high concentrations of lithium and potash and that the project may have the potential to become a lithium carbonate producer. The Company remains encouraged by the presence of near-surface brines that contain similar, and in many instances higher, lithium and potash concentrations to other established brine developers in South America.

The program successfully covered a large portion of the Salar which returned average results of 724 mg/L Li, 7,975 mg/L K, 3.97 Mg:Li, and 6.66 SO4:Li. The easternmost portion of the Salar could not be sampled due to the presence of "caliche", a hard calcium carbonate layer overlying the lithium bearing brines. This caliche layer was also encountered in certain holes throughout the Salar and could not be penetrated by the auger drill. Work completed thus far indicates that this caliche layer could be penetrated by a standard rig, by either reverse circulation or diamond drilling. In general, lithium values decreased towards the salar margins to the north and south, however drilling will be required to establish whether this trend is consistent at depth. Rodinia anticipates that it will commence an RC drilling program shortly to test the depth of the aquifer, as well as the lithium potential under the areas covered by hard caliche.

Figure 1 – Sampling Contour Map, Salar de Diablillos

To view Figure 1 – Sampling Contour Map, Salar de Diablillos, please visit the following link: http://media3.marketwire.com/docs/RM0526.jpg.

Throughout the auger sampling, Rodinia employed a sampling procedure designed to ensure sample integrity by minimizing contamination of brine samples through the dissolution of overlying sediments and evaporates that may be enriched in lithium. All the holes were drilled to a depth sufficient to ensure penetration of the overlying clay layer, which varies in thickness between one and over three metres. Below the clays, a medium to coarse-grained sand aquifer was encountered containing high-grade lithium brine in its porous space. A historical drill hole in the south eastern margin of the Salar indicates the presence of this aquifer to a vertical depth of at least 75 metres, with material coarsening at depth to a coarse basal conglomerate (SEGEMAR; www.segemar.gov.ar).

Sample integrity was maintained by pushing four inch casing down into the hole and pumping, where possible, the contents of the hole. The hole was then left to refill from the aquifer below, ensuring proper representation of brine geochemistry. This brine was then sampled and decanted before collection in sealed plastic containers that had been previously rinsed in the same brine. All samples were sent to ALS Laboratory Group, Environmental Division, in Fort Collins, CO, USA where Rodinia is sending both its Diablillos and Clayton Valley project samples.

All exploration and drilling initiatives undertaken by Rodinia is supervised by William Randall MSc (Geology), the Vice President Exploration of Rodinia. Mr. Randall is a qualified person, as defined by National Instrument 43-101, and he has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 300 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, CO (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

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. Follow us on Twitter: http://twitter.com/RodiniaLithium.

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 Diablillos 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.
Aaron Wolfe
Vice President, Corporate Development
+1 (416) 309-2696
www.rodiniaminerals.com

Wealth Signs Option to Acquire Argentina's Largest Rare Earth Element Deposit 'Rodeo de Los Molles', San Luis Province, Argentina

Historical Geologic Resource of 5.6 Mt at 2.1% Total Rare Earth Oxides and 0.02% U3O8-Mineralization Remains Open

Assays Return Maximum Value of 35.5% Total Rare Earth Oxides With a 55.5% Heavy Rare Earth Oxide Component

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2010) - Wealth Minerals Ltd. (TSX VENTURE:WML)(FRANKFURT:EJZ) (the "Company" or "Wealth"), is pleased to announce that it has entered into an option agreement with Michelotti e Hijos, S.R.L., a private arm's length Argentinean company ("MHSRL"), whereby Wealth can acquire a 100% interest in the "Rodeo de Los Molles" ("RdlM") rare earth element ("REE") - uranium deposit, located in San Luis Province, Argentina.

The RdlM REE-U deposit has an historical geologic resource of 5.6 Mt at 2.1% Total Rare Element Oxide (TREO) and 0.02% U3O8. This historical resource was prepared in 1992 by MHSRL staff and is based on more than 6,000 metres of shallow RAB drilling carried out by MHSRL in the early 1990's, as well as metallurgical testwork. This historical resource estimate is considered relevant by the Company, both for the purposes of the Company's decision to acquire the property and to guide the Company in formulating an exploration program for the property. However, the Company cautions that the resource estimate was prepared before the introduction of NI 43-101, and is therefore historical in nature and the Company is not treating such resources as a current resource under NI 43-101. Investors are further cautioned that a qualified person has not yet completed sufficient work to be able to verify the historical resources, and therefore they should not be relied upon.

Due diligence sampling by the Company has confirmed the tenor of REE mineralization. Three representative rock-chip samples collected from the outcropping mineralization returned assays ranging from 7.4 to 35.5% TREO (with a heavy rare earth oxide (HREO) component ranging from 5.0 to 55.5%) and 0.15% to 0.92% U3O8. A fourth sample, collected from an apparently unmineralized outcrop, returned a value of 0.11% TREO and 12.1 ppm U, thereby highlighting the potential for the expansion of the known deposit. The outcropping mineralization remains open to depth and in all directions.

Rodeo de Los Molles Property

The RdlM property consists of 6 minas, totalling 72 hectares, and is located approximately 300 kilometres southwest of the City of Cordoba and 200 kilometres northeast of the city of San Luis. The property is ideally located in terms of access and infrastructure (there are 13.2 and 33 kW power lines within 8 kilometres of the property) and the climate allows work year round. The Company is presently designing an aggressive exploration program to verify and potentially expand upon the historical resource.

The deposit is hosted in strongly altered (fenitized) alkalic igneous rocks of the Las Chacras Coloradas igneous complex. REE mineralization (bastnasite) at RdlM is similar to REE mineralization at the Mountain Pass REE deposit in California, which contains total proven reserves of 88.0 million pounds of REO, with an average ore grade of 9.38%, and probable reserves of 2.12 billion pounds of REO, with an average ore grade of 8.20%, in each case using a cut-off grade of 5.0% (source - Molycorp, Inc.). The Mountain Pass mine operated from 1952 to 2002 and produced most of the world's REE's from 1965 to 1985.

Terms of Agreement

Under the terms of an option agreement dated May 21, 2010, Wealth can acquire a 100% interest in the RdlM property, with no underlying royalties, by spending $150,000 USD on exploration within 12 months and making the following payments to MHSRL:

* $75,000 USD upon signing
* $100,000 USD on the sixth month anniversary
* $175,000 USD on the first anniversary
* $250,000 USD on the second anniversary
* $1,000,000 USD on the third anniversary
* $2,000,000 USD on the fifth anniversary

Rare Earth Elements

The rare earth element (REE) group is considered to include the 15 lanthanide elements: lanthanum (La), cerium (Ce), praseodymium (Pm), promethium (Pr) (does not occur naturally), neodymium (Nd), samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium (Tm), ytterbium (Yb), and lutetium (Lu). The element yttrium (Y) is also included as it has similar chemical properties. Total rare earth oxides (TREO) refers to the 15 rare earth elements lanthanum to lutetium plus yttrium expressed as oxides. Heavy rare earth oxides (HREO) refers to the total of yttrium plus europium to lutetium, as oxides, as a percentage of TREO.

REE deposits tend to occur in two sub-groups:

1. Light rare earth element (LREE) enriched deposits which include La, Ce, Pr, Nd and Sm.

2. Heavy rare earth element (HREE) enriched deposits which include Eu, Gd, Tb, Dy, Ho, Er, Tm, Yb, Lu, and Y.

Sometimes called the "clean energy", "tech" or "green" metals, the unique physical, chemical and light-emitting properties of the rare earths make them indispensable in modern technologies such magnets, hybrid cars, wind turbines, computers and cell phones. The price of rare earth products has increased significantly over the past three years due to increased demand and tightening supplies, particularly so for the less abundant heavy rare earths.

Qualified Person & QA/QC Controls

R. Scott Heffernan, M.Sc., P.Geol., Wealth's Vice-President Exploration, and a qualified person as defined by National Instrument 43-101, has supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Heffernan is not independent of Wealth by virtue of being an officer and a holder of incentive stock options.

Wealth's activities to date at RdlM have been supervised by R. Scott Heffernan, P.Geol., Wealth's Vice-President, Exploration, who is responsible for all aspects of the work, including the quality control/quality assurance program. On-site personnel at the project rigorously collected and tracked the due diligence samples, which were then sealed and shipped to the Acme Laboratories S.A. laboratory facilities in Mendoza, Argentina for preparation and then forwarded to Acme Analytical Laboratories Ltd. of Vancouver, British Columbia, for geochemical analysis by 'Group 1T' - 4 Acid Digestion Ultratrace Inductively Coupled Plasma Mass Spectrometry (ICP-MS). Acme Laboratories S.A.'s quality system complies with the requirements for the International Standard ISO 9001:2000 and Acme Analytical Laboratories Ltd.'s quality system complies with the requirements for the International Standard ISO 9001:2008. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples. Quality control is further assured by the use of international and in-house standards.

Laboratory results are received in parts per million uranium. The conversion factor used to convert parts per million uranium to pounds per short ton U3O8 is 1.179, which was verified with the Saskatchewan Research Council (ppm uranium x 1.179 = ppm U3O8; 10,000 ppm uranium = 1% = 20 lbs/ton uranium).

About Wealth Minerals Ltd.

Wealth is an early stage mineral exploration company with approximately 37.7 million shares issued and listings on the TSX Venture and Frankfurt Stock Exchanges. The Company's focus is the acquisition and exploration of prospective uranium and rare earth element properties, primarily in Argentina and Peru. In addition to ongoing work programs on its existing properties, it continues to actively evaluate new potential uranium and rare earth projects in these and other countries.

For further details on the Company readers are referred to the Company's web site (www.wealthminerals.com) and its Canadian regulatory filings on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of WEALTH MINERALS LTD.

Hendrik Van Alphen, President & CEO

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 27E of the Exchange Act. All statements, other than statements of historical fact, included herein including, without limitation, statements regarding the anticipated content, commencement and cost of exploration programs, anticipated exploration program results, the discovery and delineation of mineral deposits/resources/reserves, business and financing plans and business trends, are forward-looking statements. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, dilution, the volatility of the Company's common share price and volume; variations in the market price of any mineral products the Company may produce or plan to produce, the Company's inability to obtain any necessary permits, consents or authorizations required for its activities, the Company's inability to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, and other risks and uncertainties disclosed in the Company's Management Discussion and Analysis filed with certain securities commissions in Canada, and other information released by the Company and filed with the appropriate regulatory agencies. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com, and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.

Cautionary Note Concerning Similar or Adjacent Mineral Properties

This press release contains information with respect to adjacent or similar mineral properties in respect of which the Company has no interest or rights to explore or mine. The Company advises US investors that the US Securities and Exchange Commission's mining guidelines strictly prohibit information of this type in documents filed with the SEC. Readers are cautioned that the Company has no interest in or right to acquire any interest in any such properties, and that mineral deposits on adjacent or similar properties are not indicative of mineral deposits on the Company's properties.

This press release is not, and is not to be construed in any way as, an offer to buy or sell securities in the United States.

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 press release, which has been prepared by management.

For more information, please contact
Wealth Minerals Ltd.
Quentin Mai
604-331-0096
604-408-7499 (FAX)
info@wealthminerals.com
www.wealthminerals.com

Dajin Applies For Boron Lithium Potash Concessions In Argentina


Vancouver, B.C. – May 27, 2010 - Dajin Resources Corp. (the "Company") ( DJI-V: TSX ) is pleased to report that it has applied for 20,000 hectares (approximately 49,420 acres) of cateos (mineral exploration concessions) in Jujuy Province, Argentina. The concessions are being acquired for the boron, lithium and potash rich brines believed to exist on the concessions. Palar Lake, located in the northwestern corner of Argentina at an elevation of 4,300m is the lowest elevation water body in an endorheic (internally draining) basin with a total area of 1,393 square kilometers. Palar Lake covers a reported 2,250 hectares of borate and salt deposits and a brine lake that is recorded in academic publications to average 69,000 ppm in total dissolved solids or approximately twice the salinity of average seawater. Small salt ponds that exist on the physiographic flats adjacent to Palar Lake and at a similar elevation are strongly suggestive of broadly extensive brine deposits in near surface geological materials on the floor of the basin and comprise exploration targets in addition to the brines comprising Palar Lake.

The recent application brings the Company’s brine concessions in Jujuy Province to a total of 103,000 hectares or approximately 254,500 acres.

The closed basin within which the new concessions are located is underlain by high potassium tuffs and ignimbrites erupted from the Vilama Caldera approximately 8 million years ago. The Vilama Caldera erupted approximately 2,000 cubic kilometers of ejecta making this one of the largest super explosive volcanic events known on Earth. Modern seismic data strongly suggest the magma source for this eruption is still active. Leaching of the dacite tuffs and ignimbrites by both groundwater and hydrothermal fluids emanating from the underlying magma are excellent sources of boron, lithium and potassium ions which are naturally concentrated by evaporation in these lakes. Precipitation in the region is only approximately 100mm per annum and is coupled with a high number of days per year of sunshine and nearly constant breezes. Thus climatic conditions in the region are excellent for concentrating all the salts in the natural brines and for high efficiencies in an evaporation based differential crystallization process for recovering lithium, potash and boron.

David Jenkins is the Qualified Person, as defined by National Instrument 43-101, who has approved the technical information presented in this news release.

About Dajin Resources Corp. (www.dajin.ca)

Dajin holds a 100% interest in boron/potash/lithium concessions, in the provinces of Salta and Jujuy in northwestern Argentina. The principal properties in the Salar de Salinas Grandes and Guyatayoc salt lake basin cover approximately 83,000 hectares or 200,500 acres.

For further information please contact:

DAJIN RESOURCES CORP.

Brian Findlay or Dave Jenkins
Phone: (604)-681-6151
E-mail: brian@dajin.ca


Don Mosher
Phone: 604-638-3166
E-mail: don@dajin.ca

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

26 may 2010

Argentex: Excellent recovery of gold and silver from preliminary metallurgical testing on Pinguino


VANCOUVER, May 25 /CNW/ - Argentex Mining Corporation (TSX-V: ATX, OTCBB: AGXM) is pleased to announce results from its preliminary metallurgical testing program. This is part of the company's ongoing Preliminary Economic Assessment (scoping study) of the Pinguino project, which is scheduled for completion at the end of the current quarter.

"We are encouraged by the results of these preliminary metallurgical tests as they are the first indication of potential recoveries at Pinguino," said Ken Hicks, President of Argentex. "We view these results as a positive step in our efforts to advance the Pinguino project as we continue working to determine the economic viability of the deposit."

Two different types of mineralization believed to be representative of the mineralization at Pinguino were selected for study: oxide precious metal and primary polymetallic sulphide. Independent engineering and metallurgical specialists developed and implemented test programs carried out at an independent laboratory.

Results

Gold extraction by cyanide leaching of samples of oxide ore from three mineralized zones were high, ranging from approximately 95 to 98 percent. Silver extractions ranged between 74 and 96 percent. The three samples tested had gold feed grades ranging from 0.34 to approximately 14 grams per tonne (g/t). The silver contents in the feed ranged from approximately 260 to 726 g/t. The proportion of feed gold, which reported to the pan concentrate, was variable but quite high for Marta Este and Marta Norte. On average approximately 65 percent of the feed gold was recovered to the pan concentrate for the Marta Este composite. Each sample was tested at a target primary grind for particle sizing of 100 and 150 microns K80, which is a relatively coarse grind.

Sulphide mineralization was tested with a selected sample from Marta Centro, the largest polymetallic vein discovered to date on the Pinguino property. Recoveries of lead and zinc were favourable with more than 90 percent recoveries to their respective concentrates and 60 percent of silver reporting to the lead concentrate. The sample was ground to a nominal 102 microns K80.

Indium assays remain to be completed and are in process now.

Scope of work for preliminary metallurgical testing at Pinguino

The scope of work for the oxide precious metal group involved chemical and mineral scope analyses and metallurgical testing on composite samples from three mineralized zones that are believed to be representative end members of mineralization at the Pinguino project. The zones that were represented by the samples tested were identified as Marta Norte, Marta Noroeste and Marta Este. These mineralized zones were considered as essentially being precious metal targets with low sulphur and elevated precious metal contents.

Polymetallic sulphide work consisted of a standard two product preliminary rougher flotation focused on a sample of high-grade sulphide-rich material from the Marta Centro vein, which represents the largest and thickest polymetallic silver-zinc-lead vein discovered at Pinguino to date.

Preliminary flowsheets to determine appropriate process parameters based on the metallurgical test work have been developed for each type of mineralization.

Metallurgical test work is being conducted by independent contractor G&T Metallurgical Services Ltd. of Kamloops, British Columbia, Canada, specialists in metallurgical testing and analytical services. Metallurgical work is being supervised by John Thomas, Ph.D., technical expert, and Robert J. Morris, M.Sc., P.Geo., through general engineering contractor Moose Mountain Technical Services. Mr. Morris is an independent Qualified Person as defined by Canada's National Instrument 43-101. The test data will be used by Moose Mountain Technical Services to develop a preliminary process flowsheet, to identify further testing requirements, and to develop capital and operating costs for the scoping study that is scheduled to be completed in the current quarter. The results of the forthcoming PEA and details of this metallurgical testing are required to be reported in a NI 43-101-compliant technical report 45 days after completion.

Readers are cautioned that this information is preliminary in nature and deals with a limited number of selected samples, though the Company believes them to be representative samples. As the project advances, more extensive metallurgical testing and engineering work would be required as part of a more in-depth evaluation.

About Pinguino

Pinguino is located in Argentina's Patagonia region, within the Deseado Massif of Santa Cruz province. With more than 74 line kilometers of veins discovered to date, the Pinguino property is host to the largest known undeveloped vein system in Santa Cruz province after the developed AngloGold Ashanti Cerro Vanguardia mine. Both vein systems fall within the Tranquilo trend, a major northwest structural corridor in central Santa Cruz.

Mineralization at Pinguino is unique in the region, containing silver-indium-zinc-lead-gold in multiple zones that remain open-ended along strike and to depth. To date, Argentex has drilled 333 holes at Pinguino for a total of 33,559 meters.

Pinguino is easily accessible, situated approximately 400 meters above sea level in low-relief topography. An existing system of all-weather roads provides year-round access to the property.

Quality Assurance

Exploration samples selected for analysis are sent to Acme Analytical Laboratories' sample preparation lab in Mendoza, Argentina. From there sample pulps are sent to Santiago, Chile for fire assay gold analysis and to Vancouver, Canada for Group 1DX multi-element MS-ICP analysis. Samples with over-limit zinc, lead, silver and/or copper are reanalyzed using an ore-grade high detection limit 7AR analysis, also conducted in Vancouver. Acme Analytical Laboratories is an accredited ISO 9000:2001 full-service commercial laboratory with its head office in Vancouver. Referee analyses will be carried out by ALS Chemex in Mendoza, Argentina and La Serena, Chile. Argentex, Acme and ALS Chemex all maintain comprehensive and independent Quality Control/Quality Assurance programs.

G&T Metallurgical Services Ltd. of Kamloops, British Columbia, Canada, are specialists in metallurgical testing and analytical services. The company was incorporated in Kamloops B.C. in 1990, constructing a modern and well-equipped mineral processing research and development complex. They offer a wide range of services assisting major to junior mining companies including sample preparation, mineral processing testing, mineralogical/modal analysis and chemical analysis.

ABOUT ARGENTEX:

Argentex Mining Corporation is a Delaware corporation. It is a junior mining company in the exploration stage with significant holdings in the Patagonia region of Argentina. In total, the company owns 100% mineral rights to more than 35 properties with approximately 141,020 hectares of prospective land located in the Santa Cruz and Rio Negro provinces of Argentina, including the Pinguino property. Shares of Argentex common stock trade under the symbol AGXM on the OTCBB and on the TSX Venture Exchange under the symbol ATX.

Qualified Persons

Exploration on the Pinguino property is being conducted under the supervision of Mr. Kenneth Hicks, P.Geo., Argentex's President and a Qualified Person as defined by Canada's National Instrument 43-101. Mr. Hicks has read and approved the contents of this release. Mr. Hicks is not considered independent of the issuer. Robert J. Morris, M.Sc., P.Geo., through general engineering contractor Moose Mountain Technical Services, is an independent Qualified Person as defined by Canada's National Instrument 43-101. Mr. Morris has read and approved the contents of this release.

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

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects", "intends", "plans", "may", "could", "should", "anticipates", "likely", "believes" and words of similar import also identify forward-looking statements. Forward-looking statements in this press release include the Company's anticipation that the Preliminary Scoping Study of the Pinguino project will be completed on schedule at the end of the current quarter. Actual results may differ materially from those currently anticipated due to a number of factors beyond the Company's control. These risks and uncertainties include, among other things, competition for qualified personnel and risks that are inherent in Argentex's operations including the risk that the Company may not find any minerals in commercially feasible quantity or raise funds sufficient to prosecute its exploration plans. These and other risks are described in the Company's Annual Report on Form 10-K and other filings with the Securities and Exchange Commission.

For further information: Ken Hicks, President, Argentex Mining Corporation, 1-866-594-7687, info@argentexmining.com

Golden Peaks Cuts 45 Meters of 3.00 g/t Gold



VANCOUVER, May 19 /CNW/ - Golden Peaks Resources Ltd. (TSX: GL) (the "Company") is pleased to report assays for hole LF-144 drilled on the T-11 zone of its La Fortuna Gold Project, Argentina.











































Hole LF-144 intersected significant gold and silver mineralization. As well, the hole contains high grade copper mineralization (ICP analysis). Copper assays are pending. Due to the high copper content the Company is re-evaluating the results of all holes drilled in this program and previously on the T-11 zone.

The presence of significant gold, silver and copper indicates a change in the character of the mineralization at the east end of the T-11 zone. The shallow, high grade, gold (+ copper) mineralization intersected in holes LF-142, LF-143 and LF-144 is open to the east.

These holes along with all the holes (91) in the area show a persistence in gold mineralization along 1.4 km of structure.

The drilling at La Fortuna continues to return excellent results. The silver and copper values reflect significant additional value per tonne of ore. Mineralization at the La Fortuna project occurs as a series of northwest-trending parallel vein zones, breccias and mineralized faults hosted within a broad, northwest trending regional fault zone.

Golden Peaks' Chairman Scott Emerson said: "These results continue to increase our confidence in the T-11 zone by confirming that mineralization continues at similar style and grade to previous holes. We are confident that further drilling will continue to expand this exciting discovery".

The diamond drill contractor is Energold Drilling Corp. A lightweight, portable drill is being used to minimize environmental impact. All samples are being assayed by Alex Stewart (Assayers) Argentina S.A.

This press release has been reviewed and approved by Dr. Kieran Downes, P.Geo., President of Golden Peaks Resources Ltd. and a Qualified Person as defined by National Instrument 43-101, under whose direction the exploration programs are being carried out.

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 further information: Media Information, contact: Scott Emerson, Chairman and Director, SE@goldenpeaks.com; Investor Information, contact: Mike Kordysz, Investor Communications, MK@goldenpeaks.com


Artha Appoints Dr. Mendez to Advisory Board


VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 25, 2010) - Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce the appointment of Dr. Vicente Mendez to Artha's Advisory Board.

Dr. Mendez brings to Artha a distinguished 42 year career as an Economist and Geologist, primarily working in Argentina. Dr. Mendez is currently the counsellor/advisor for the Post-Graduate Mining career program at the University of Buenos Aires where he spent a good portion of his career as Professor of Mining Prospecting and Exploration.

Dr. Mendez's has received high acclaim for leading the exploration work that culminated with the discovery of the most important rare earth resources in carbonitites in Argentina and was also the leader of the exploration and negotiation that concluded with the exploitation of Lithium in the "Salar del Hombre Muerto" (Dead Man's Salt Flats) brines which are at this point in full production in the Province of Catamarca, Argentina.

Much of Dr. Mendez's career has been spent in Argentina with a hands-on approach in the field, focusing on economic evaluation of strategic minerals projects all over the country. Dr. Mendez has directed regional prospecting and exploration programs that include geological, mining and metallogenic charts covering 124,000 sq km in the North-East region of Argentina plus 130,000 sq km of the central Andean mountain regions.

"Dr. Mendez brings a wealth of relevant experience to our team at Artha," says Todd McMurray, President. "His intimate knowledge of the local geology will not only assist our exploration programs it will also be valuable as we continue to build a strategic exploration portfolio in the region."

For more information on Artha's advisory board visit www.artharesources.com.

Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The Company's principle exploration target adjoins Silver Standards Pirquitas Mine, one of the largest primary silver mines in the world located in the province of Jujuy in NW Argentina. Artha is one of the largest mineral explorers in this region with over 900 square kilometers of properties prospective for silver, gold, base metals and rare earths.

On Behalf of the Board of Directors,

Todd McMurray, President

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
Artha Resources Corporation
Todd McMurray
President, Director
604-648-1530
todd@artharesources.com
or
Artha Resources Corporation
Carey Lotz
Investor Relations
1-888-648-6242
carey@artharesources.com
www.artharesources.com