Creso Exploration intersects 65.7 meters of 18.2 g/t g and 79.6 meters of 4.61 g/t Gold in Hole #2 on the Minto Project.

The Minto showing consists of a pod of carbonate sulphide breccias containing an estimated tonnage of 225,000 tons (204,000 t) grading 0.2 oz per t (6.8 g/t) Au to a vertical depth of 225m as determined and reported in 1984.  Gold is related to pyrite and quartz veining trending north south and northeast southwest.

From surface geology the upper zone presents a true width of 30 meters. The bottom zone is new and no true width has been determined yet. According to JVX Ltd, the down‐hole geophysical interpretation completed on the Minto property, indicates that the mineralized body extends in a north‐west/south‐east direction at a depth of 50 to 170 meters and is open at depth. The Corporation will drill a step‐out hole for the purpose of further defining the location of the body using more down‐hole geophysics.

In May 2010, Borehole Induced Polarization (BHIP) surveys were done on the Tyranite and Minto properties. Results from the Tyranite hole are not yet available. 3D conductivity and chargeability models from boreholes gradient IP data have been calculated for holes M‐0901 and M‐0902 on the Minto property.

The Corporation has completed down‐hole geophysical testing on the MacMurchy property and intersected 7.4% nickel and 2 g/t platinum and palladium over one meter in hole D6‐07 confirming the nickel potential of the area. The MacMurchy property is located in the southwest corner of the MacMurchy Township some 10 km SSW of the Minto property.

The Corporation is currently evaluating bids for an agreement for a 200‐kilometer low level airborne (Mag, VLFEM, and radiometric) geophysical survey to cover the Minto, Tyranite and Duggan zone on a 30‐metre spacing in order to define geological structures and mineralized zones. Upon completion of the geophysical survey, the Corporation will undertake a 5000‐meter drill program on the Minto, Tyranite and Duggan properties.

Conductivity Model

The 3D conductivity model represented by an iso-surface value of 0.005 S/m shows three conductive features. The first conductive feature is at shallow depth and is strong in the west direction as well as in the east direction. The second conductive feature is disseminated in the middle while the third conductive feature is at depth and to the southeast. 

Chargeability Model

The 3D chageability model shows three chargeable features. The third chargeable feature (northwest – southeast) at depth is strongest. The second and third inversion shells correlate with the gold mineralization.

Auric Mining Corp. announces the results of an Airborne magnetic and VLF-EM Survey conducted for the company by Terraquest Ltd. of Markham Ontario. Terraquest Ltd. was contracted to perform a VLF Electromagnetic survey of the Company’s property in the Dog Lake area of Northern Ontario.

The survey confirmed a number of gold showings on the shoreline of Dog Lake, located a few hundred meters to the west of the property boundary. In the past there has been considerable ground geophysics and drilling conducted in this area. The magnetic maps show the presence of narrow magnetic linear features striking from a North to East trend and appear to occupy all of the three major rock types. At least ten diabase dykes have been interpreted from the second derivative pattern and almost all are certain to belong to the Matachewn-Hearts swarm that is prevalent in the area. In the southeast corner a lateral displacement of three dykes are interpreted as a fault.

One of the more significant features of the magnetic maps is the presence of narrow magnetic linear features striking from North to East. These are illustrated on the interpretation maps and appear to occupy all three major rock types. The OGS map shows several major faults or deformation zones in the general area and with the same strike direction. It is proposed that these magnetic linears could be related to them. They could represent fracture elements in a broad deformation zone and since they stretch into the gold showings to the west are of considerable interest now as possible channels of mineralization.

Based on the conclusions and recommendations of the VLF-EM survey, possible new exploration targets have been identified and further exploration recommended. An exploration program has been adopted and will be carried out in the coming months.

Auric Mining Corp. plans to do another similar survey in the near future using additional technology to better define these results before a full field exploration program commences this summer.

• Previous exploration in the Wawa has discovered numerous deposits of small diamonds within metamorphosed Archean basement rocks.
• Dianor has discovered rocks with encouraging grades and stone size distribution directly south of the Mori-Metalex ground.
• Island Gold Mine has Proven and Probable Reserves of 1,013,854 tonnes at a grade of 8.55 g/t gold for a total of 278,711 ounces of gold (NI 43-101 compliant report by GENIVAR) Project has additional Measured and Indicated Resources 454,705 tonnes at a grade of 10.26 g/t for a total of 149,972 ounces (NI 43-101 compliant report by GENIVAR).

Li3 Energy, Inc. announce the successful completion of a geophysical orientation profile on its Pocitos Property. The survey identified three unique geophysical target areas, with potential to host mineral rich (lithium, potassium magnesium etc) brine aquifers.

Five geophysical data recording stations were established at 2 kilometer intervals along a 10 kilometer long orientation line (line 74-84). Geophysical data show that the Salar is up to 550 meters deep and that three distinct areas were outlined by electrical properties that measure the ability of each area to act as an aquifer. Generally, stronger electrical responses indicate a higher probability that the area contains mineral rich brines.

Three target areas (“Target Areas 1, 2 and 3”) have been identified and prioritized as follows:

The geophysical response (resistivity averages 0.2 ohm meters) indicates that this unit has a high probability of containing mineral rich brine aquifers. NOTE: The lower the resistivity of the target unit the higher the probability that the target unit contains mineral rich brine aquifers.

The geophysical response (resistivity ranges from 0.4 to 0.6 ohm meters) is very significant and suggests this unit contains multiple thin mineral rich aquifers distributed through the unit. Notwithstanding the very encouraging diagnostic result there is insufficient data at this time to estimate a brine resource.

“The results of this geophysical orientation test are very exciting because they suggests that this method will be a valuable exploration tool for identifying mineral rich brine aquifers” reports Mr. Luis Saenz, CEO of Li3.

Geophysical Instrumentation used during the Orientation Survey:

The orientation survey was carried out by the professionals of the Applied Geophysics Group (“GEOFI”), Institute of Petroleum and Natural Reservoirs of Directorate of Technical Studies and Research, Faculty of Engineering, National University, De Cuyo Cuyo, Mendoza, Argentina.

The ARREESS Automatic Resistivity system used for the orientation survey is a state of the art resistivity system with up to 10 adjustable IP windows and 2D and 3D Resistivity tomography capabilities using multi –electrode arrays. The transmitting power is up to 300 Watts, Current is up to 2.0 Amp and the Voltage ranges from 10 to 550. The precision is rated at 0.5%. Significant features of this powerful system include a self-adapting control system, automatic ranging and calibration, automatic checking of measured value and easy interruption of the measurements for the first view of measured structures. Further information on ARREESS System can be found at www.gfinstruments.cz.

Goldbrook Ventures Inc. announces mobilization of men and equipment to its Raglan project, Ungava, Quebec in order to carry out a planned summer field season exploration program.

Belanger Camp will support a large exploration program on the western portion of the Goldbrook properties, and an eastern camp in Kangiqsujuaq (Wakeham Bay) will support activities in the eastern tenures.  Both camps are now operational and receiving field crews. Geological field crews mobilized to these camps during the week of June 21^st.

In total five diamond drill rigs are scheduled for up to 25,000 metres during the 2010 summer season and one base-of-till rig will test geochemical anomalies identified from regional data as well as testing coincident Magnetic-EM targets identified from Airborne data.  Geophysical crews to conduct borehole geophysics and surface EM and magnetic surveys will be deployed in early July.

The 2010 exploration program, with a budget of over $17,500,000, includes a goal of 25,000 metres of diamond drilling in conjunction with an extensive program of prospecting, geochemical surveys and ground geophysics over both the east and west extensions of the productive north and south Raglan horizons. This program will follow-up on the positive results of geological, geophysical and remote sensing surveys completed in these areas over the previous years and which helped with discoveries of extensive nickel-copper-PGE sulphides at the Mystery and Timtu zones.

GEOLOGICAL SETTING

The Raglan Project area is underlain by rocks of the Cape Smith (Raglan) Belt that extends for 375 km across the Ungava Peninsula of Nunavik, northern Quebec, Canada. The Aphebian (Paleoproteozoic) Cape Smith Belt and the Thompson Belt, both hosting Ni-Cu-PGE deposits, are part of the Canadian Circum-Superior Belt that separates the Archean Superior and Archean-Proterozoic Churchill geologic provinces of the Canadian Shield.

Komatiite-associated and komatiitic basalt hosted Ni-Cu-PGE deposits occur in Aphebian greenstone belts in various locations around the world including the Cape Smith Belt, Thompson Belt and the Pechenga Belt, Kola Peninsula, Russia.

The Goliath Gold Project is located in the Kenora Mining District in northwestern Ontario, 20 km east of the City of Dryden and 325 km northwest of the port City of Thunder Bay.

Treasury Metals began its 2009 exploration program in early June and this year’s exploration program will consist of a combination of surface exploration and diamond drilling programs. The Company is planning to carry out property-wide surface exploration, which will include developing drill targets along strike to the west and northeast of the Thunder Lake Gold Deposit. The surface program will also use the Company’s extensive historical database and more recent data from its ground and airborne geophysical surveys to target other areas on the ~44 km2 property.

Historical reports describe alteration and anomalous gold concentrations in several areas on the Company’s property that are off trend from the Thunder Lake Gold Deposit.

In conjunction with the surface program, the Company is planning diamond drilling aimed at increasing and upgrading mineral resources within the area of the current resource and along strike and testing exploration targets defined from the surface exploration program.

Treasury Metals has completed the following exploration work on the Goliath Gold Project as of the end of December, 2009:

• 2,165 line kilometres of high-resolution airborne magnetometer survey over the entire project area.
• 146.36 line kilometres of surface geophysics (induced-polarization) focusing on the area of the Thunder Lake Deposit.

Treasury Metals Inc.  announces further high-grade gold assay results from its recently completed +5,000 metre diamond drilling program targeting and defining high-grade gold structures on its Goliath Gold Project. The 100% owned Goliath Gold Project is located alongside the Trans-Canada Highway about 20 kilometres east of the City of Dryden, Ontario.

These latest results are from drill holes that were designed to further test and delineate two separate, high-grade gold structures located in the east and west regions of the Thunder Lake gold deposit. Drilling on the eastern structure returned multiple intersections of >6.0 g/t Au. Of note is drill hole TL10-98 that intersected 10.50 metres of 7.47 g/t Au, including 1.50 metres of 20.79 g/t Au, confirming the high-grade nature of this deposit. Further drilling is required to delineate these high-grade structures and the areas of lower grade gold between these structures. Previous drilling has confirmed vertical continuity of high-grade gold-bearing structures to depths of more than 800 metres. The Thunder Lake gold deposit is open at depth and along strike to the west and northeast.

Argentex discovers new silver-gold zone at Pinguino, Tranquilo Trend returns 6.40 meters of 486.6 g/t silver and 1.91 g/t gold!

Argentex Mining Corporation provides an update on ongoing diamond drilling and exploration activities at its wholly owned 10,000-hectare Pinguino property in the silver-gold district of Santa Cruz, Patagonia, Argentina.

As part of the ongoing drill program at Pinguino, Argentex drill tested structures that lay along the Tranquilo Trend, a major northwest regional feature crosscutting the Pinguino property. Within it, Argentex has discovered a completely new mineralized structure (Luna vein) containing wide intervals of high-grade silver mineralization with associated gold values. The new mineralized structure returned results including 6.40 meters of 486.6 grams per tonne (g/t) silver and 1.91 grams per tonne (g/t) gold.

The Luna vein is known to extend for 920 meters along strike and is currently the subject of follow-up drilling with the goal of defining and expanding the high-grade mineralization. Drilling also tested structures along the Marta Trend, which contains the high-grade silver Marta Norte vein.

“We are excited to have discovered mineralization in the very first holes drilled into the Tranquilo Trend, which crosscuts 11 kilometers of the Pinguino property.  Not only is the structure mineralized along a considerable length, it also contains wide intervals of high-grade silver-gold mineralization such as we have intersected in the Luna vein,” said Ken Hicks, President of Argentex.  “The Luna discovery is a great incentive to increase our exploration efforts in interpreting the local geology and targeting high-grade silver-gold mineralization along the Tranquilo Trend.  We expect that this new discovery within a major property-scale structure could provide a significant boost to Pinguino’s overall precious metal potential.”

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 regional fault, a major northwest structural corridor in central Santa Cruz. To date, Argentex has drilled 333 holes at Pinguino for a total of 33,559 meters.

TGS announced another season of acquisition of long offset data on the Norwegian Continental Shelf (NCS) in cooperation with Fugro.  The data to be collected (shown on the attached map) include approximately 15,000 km for the North Sea Renaissance (NSR) survey in Holland, Norway and UK, approximately 10,000 km for the Mid-Norway Regional (MNR) survey in the Norwegian Sea and approximately 15,000 km for the Norwegian Barents Sea Regional (NBR) survey in the Barents Sea.

TGS will dedicate two vessels, Bergen Surveyor and Northern Genesis, during the summer season to acquire the NSR project.  The data acquired by these vessels will be processed at TGS’ imaging center in Bedford, England.  Fugro will also contribute two vessels, Geo Arctic and Akademik Lazarev, to acquire the MNR and NBR data, respectively.  Fugro will process the data acquired on those two projects.

With the 2010 acquisition program, TGS’ total long offset grid on the Norwegian Continental Shelf (NCS) increases to approximately 260,000 km, constituting the most important 2D seismic dataset for the oil industry in the NCS. Data from the three surveys will be available for customers from Q4-2010.