CuOro Resources Corp. announces that Geotech Ltd. of Aurora, Ontario (“Geotech”) has been engaged to complete a 416 line-kilometre, helicopter-borne versatile time-domain electromagnetic (“VTEM”) survey of the Santa Elena Copper-Gold Project, in Antioquia Department, Colombia.

Geotech’s VTEM system has been shown to be excellent at identifying conductive, massive-sulphide bodies as well as mapping lateral and vertical variations in resistivity. The VTEM system is also equipped with a high sensitivity magnetometer which can aid in mapping geologic structure and lithology.

The survey is expected to be completed during October 2012. The Company will immediately investigate any targets generated by the survey with exploration and drilling.

Santa Elena Overview

Santa Elena is classified as a bimodal-mafic VMS deposit. This type of deposit is similar to that found in many of the major district of the Precambrian Shields of Canada, Western Australia, and Scandinavia, as well as the Urals and in the Cretaceous of Peru. The latter is comprised of the giant Tambo Grande deposits; TG1 and TG3, adjacent deposits comprising a single ore system contain a non 43-101 compliant resource of over 138 MT of 1.3% Cu and 1.1% Zn. The Tambo Grande deposits are in a very similar setting to the Santa Elena occurrence, and given that both are in what appears to be an oceanic back-arc setting, this district may be a model for Santa Elena. It is important to note that VMS deposits almost always occur in districts, and that their sizes are log-normally distributed.

The concessions contain 1,287.5 hectares near the north end of the Antioquia batholith, at the intersection between the San Pablo formation (Cretaceous marine sediments) located to the north, the basaltic volcanic flows located to the west, and the Antioquia batholith quartz-diorite complex to the east.

The infrastructure is excellent and includes paved road access, two hydroelectric plants within 5 km, and abundant water supply.

Geological mapping and sampling has identified 3 VMS areas of outcropping (TEM-1, TEM-2, and TEM-3) all of which coincide with historical geophysical anomalies. Several new mineralized outcrops have been located recently south of the known VMS outcrops.

Recently completed geophysical surveys have validated the historical data, as well as produced many new targets which will be drill tested.

Summary of Geophysics

A surface geophysical TEM survey at 50 m intervals was conducted on a selected area of the property where outcropping mineralization was visible. The survey was conducted by VAL D’OR Geophysics for Noranda Mining and Exploration Inc in 1996-1997.

The historical ground geophysics had identified 4 strong conductors with good vertical extent, 3 of which are coincident with the TEM-1, TEM-2, and TEM-3 outcrops.

An airborne magnetometer and radiometric survey was flown in August 2011. These surveys were followed-up by ground based induced polarization and resistivity surveys. These surveys validated the original survey data, and also generated several new drill targets which are currently being drill tested.

The company plans to initiate down-hole TEM surveys along with additional induced polarization and resistivity surveys in January 2012.

IMX Resources Limited reports the identification of twenty-five new high priority VTEM anomalies from the recently completed airborne magnetic and versatile time-domain electromagnetic (VTEM) survey over selected areas within the Nachingwea Nickel-Copper JV Project located in southeast Tanzania.

Exploration activity at Nachingwea has identified several zones of nickel sulphide mineralisation, at Ntaka Hill, where a combined Measured and Indicated Resource of 12.79 million tonnes (Mt) grading 1.21% Ni (using a 0.2% Ni cut-off) has been announced. The resource equates to an estimated 154,700 tonnes of contained nickel.

In addition, an Inferred Mineral Resource of 45.04Mt @ 0.3% Ni (using a 0.2% Ni cut-off) has been identified at Ntaka Hill.

A positive scoping study for an open pit mining operation means that the Nachingwea project is now advancing towards a potential production commencement date in 2015.

Read more..

Waymar Resources Ltd.  announces the completion of a 2,867 km helicopter magnetic and radiometric survey, covering approximately 260 km2, over their Anzá project in Antioquia, Colombia. Preliminary data images can be found on the Waymar website at the following links:

http://www.waymarresources.com/_resources/maps/RTPAnza_image1.jpg

http://www.waymarresources.com/_resources/maps/RTPAnza_image2.jpg

http://www.waymarresources.com/_resources/maps/RTPAnza_image3.jpg.

The survey was completed by MPX Geophysics Ltd., of Markham Ontario, at a nominal altitude of 70m and 100m traverse line separation. The results will be used to aid geologic mapping, identify structures and alteration associated with hydrothermal mineralization and possible porphyry copper-gold systems within the project area. The survey data is currently being processed by MPX and final products are expected by July 2012.

Waymar has also completed a structural evaluation using Radar images over the entire area of the land package held in the Anzá district. The images were acquired, processed and interpreted by Alto Americas S.A., of Buenos Aires, Argentina, a company that specializes in remote sensing products and services.

“The preliminary geophysical data confirms that the Aragón structure, which controls the gold mineralization at the Anzá deposit, is a continuous, district-wide feature,” commented Pablo Marcet, CEO. “The combination of Magnetics and Radiometrics is giving us a powerful tool to identify and prioritize targets in our extensive land package. Together with the interpreted Radar images, previous geological mapping and geochemistry, we have an excellent technical base to start testing the numerous exploration targets in the district. Meanwhile, we continue to drill at Anzá and aim to release a new batch of drill results before the end of June.”

Peter Diorio, P. Geo., President of GeophysicsOne Inc. is the qualified person related to the helicopter magnetic and radiometric survey and has reviewed and verified the technical disclosure contained herein and accepts responsibility for such disclosure. David Makepeace, M.Eng., P.Eng., senior geologist for Micon International Limited is the qualified person for the Anzá drill program, as defined by National Instrument 43-101.

There has been insufficient exploration to define a mineral resource at the Anzá property to date, and it is uncertain if further exploration will result in targets being delineated as a mineral resource. Any potential quantity and grades are conceptual in nature.

Pershimco Resources Inc. announces the results of the geophysical survey recently completed over its 15,000 Ha 100% owned Cerro Quema property. These are the first high resolution geophysical surveys completed over the entire extent of the concessions.

These preliminary results and associated interpretations highlight the following:

• Numerous new geophysical targets with similar magnetic, radiometric and electromagnetic signatures as those over the La Pava and Quema/Quemita gold resources.
• Induced Polarization (IP) survey results correlate well with drill hole assays that show gold and copper mineralization associated with strong silicic alteration and deeper chargeable sulphide zones.
• These new geophysical results have generated additional drilling targets along strike of known resources at La Pava and Quema/Quemita.

Induce Polarisation Survey (IP)

The purpose of the IP survey with an effective depth down to 200m, was to define and expand on the known near surface resistive zones associated with silicic alteration which host gold mineralization at the La Pava project. An additional objective was to define and expand on the deeper chargeability and conductive zones known to be associated with the copper/gold mineralization as previous drilling results earlier published by the Corporation have confirmed.

The resistivity map shown below highlights a robust resistivity anomaly with approximate dimensions of 400m x 300m. This resistivity anomaly is coincident with the La Pava project with gold mineralization hosted in the oxide zone of a silicic altered volcanic unit. This IP anomaly has also highlighted a northerly and westerly extension of this resistive unit located outside of the current pit design. These extensions will require drill testing to evaluate their potential.

The chargeability map highlights a chargeability anomaly of approximate dimensions of 600m x 350m. This chargeability anomaly coincides with deeper sulphide mineralization identified by drilling at the La Pava and Chontal projects.

Figures 3 and 4 shown below show selected profiles (A-A’ and B-B’) of resistivity and chargeability results respectively over the La Pava project.

The Corporation is encouraged by these IP results over the La Pava and Chontal projects which clearly outline the mineralized host units present. Combined with the preliminary airborne geophysics interpretations, the Corporation will now complete additional IP geophysical surveys over the Quema/Quemita project and additionally over the newly identified targets identified by the airborne geophysics.

Airborne survey (VTEM-Mag-Rad)

The airborne survey was completed using a total field magnetometer, a gamma-ray spectrometer (U, Th, K) and a time domain vertical axis electromagnetic system (VTEM). This survey entirely covers Pershimco’s 100% owned Cerro Quema project in Panama. The objective of the survey was to define the magnetic and radiometric signatures of the LaPava and Quema/Quemita resources and additionally to identify similar signatures within the property.

Figure 5 shows a reduced to pole of TMI image. This figure highlights the low magnetic susceptibility with coincident low potassium and high Th/K ratio signatures over the La Pava, Quema/Quemita and Chontal projects.

Figure 6 highlights numerous new geophysical targets with similar signatures both within and along strike of known mineralization in La Pava and Quema/Quemita resources.

Alain Bureau, President and CEO, states: “We are very pleased with the recently completed geophysical surveys and the associated interpretations. These results have confirmed our in-house geological and mineralization models. The follow-up of these new targets will now allow us to evaluate the full potential of our Cerro Quema property in Panama.”

http://www.pershimco.ca/NouveauSite/pdf/Communique_de_presse_29_05_2012_ANG.pdf

PERSHIMCO RESOURCES INC. announces additional results from its drilling campaign as well as strong geophysical results which have been received on the airborne campaign covering its 100% owned Cerro Quema Project in Panama. Results of the preliminary geophysics signatures are considered very significant and Management has decided to immediately release the initial interpretation. Complementary information will be available during the upcoming weeks. A few days ago, Pershimco completed an airborne geophysics survey covering all of its 15,000ha Cerro Quema property covering the “Trend” including the LaPava and Quema targets as well as the continuity towards the east.

The survey has been realized by Geotech Ltd. from Toronto using, amongst other techniques, radiometric and magnetic signatures as well as VTEM procedures. Preliminary results already show a strong signature revealing a continuity along the east-west trend through the whole concession showing additional repetitive magnetic and radiometric signatures revealing similar anomalies as LaPava and Quema targets. These signatures will be focused on over the next months in order to build additional mineral resources to the project. South of the “Trend”, a significant high conductivity footprint has also been detected at depth. Pershimco is presently proceeding in the final treatment of the data. Geotech will complete detailed Resistivity Depth Imaging, which includes Resistivity Sections line by line to define the conductors’ geometry with depth, and also will complete 3D magnetic inversions. The footprint is also highlighted by Th-K ratio lows which correlate perfectly with the magnetic sources which will lead to a full analysis of all merged results including the ground IP realized earlier. The Corporation has posted on its web site a map resulting from the Mag survey. Additional tools and maps will be posted as they become available.Mr. Alain Bureau, President and Chief Executive Officer of Pershimco commented on the geophysics: “We were positive about the continuity of the “Trend” and this signature shows the fantastic potential of this oxide corridor. This project still has a lot to offer and to be discovered. The strong conductivity footprint observed south of LaPava also brings us additional information on our deeper sulfides systems.”

The 2011 exploration program on Comstock’s QV Claims included 769 line-kilometre at 100 m spacing airborne magnetic and radiometric survey, reconnaissance ridge and spur soil surveys, and 100 m by 50 m grid soil surveys. Both airborne surveys and soil surveys have consistently identified two gold trends:

• North-easterly trend measuring 2600 m long and open (QV grid)
• North-westerly trend measuring 1530 m long and open (Stewart grid)

The QV and Stewart grids, in the southern part of the claim block, will be followed by trenching and a drill program in the summer of 2012. Gold values on the QV and Stewart grids run as high as 1030 ppb (1.03 g/t Au).

The reconnaissance survey in the northern part of the claim block has identified areas with gold anomalies to be followed by a detailed grid soil sampling in the summer of 2012. Gold values in the northern claim blocks run as high as 152 ppb, with co-incident pathfinder elements of As, Sb, Ba, and Hg.

Airborne Magnetics:

Precision Geophysics of Vancouver, BC, flew an airborne geophysics survey over the property in August 2011. The Company has received final results for the magnetic and radiometric surveys. Kaminak’s Coffee style intense magnetic lows, interpreted as structures trending in both north-westerly and north-easterly directions, have been identified from the geophysics survey. Both magnetic lows and magnetic highs align with the gold-in-soil geochemical trend. The Company is very encouraged by the results of the airborne geophysics survey. Please refer to the Company’s website http://www.comstock-metals.com/projects/white_gold_north/ for maps showing geophysical results.

Airborne Geophysical Program:

Precision Geophysics of Vancouver, BC, flew an airborne geophysics survey consisting of 769 line-kilometres at 100 m line spacing over the property in August 2011. This survey collected both magnetic and radiometric data that will help the Company interpret the regional geology and structure of the area. Intense magnetic lows, interpreted as structures trending in both north-westerly and north-easterly directions, have been identified from this geophysics survey. This response is similar to that encountered at Kaminak’s Coffee property. Both magnetic lows and magnetic highs align with the gold-in-soil geochemical trend.

Soil Geochem:

The Company has received results for the final batch of soil assays with values ranging up to 1,030 ppb gold (1.03 g/t Au). The grid soil geochem surveys have identified two obvious gold trends supported by very strong pathfinder elements, found in association with gold systems in general and in the White Gold District in particular. These pathfinder elements include As, Sb, Ba, and Hg. Two trends have been identified through the detailed grid (100 m by 50 m) soil sampling.

CuOro Resources Corp. announces that it has received the final data, maps, and report on the airborne magnetometer and radiometric survey which was conducted by MPX Geophysics Ltd (“MPX”) over the Company’s 100% owned Santa Elena Project, located in the Department of Antioquia, Colombia.

Highlights Include:

• A large magnetic feature over 1km in length over the outcrops in the current exploration area
• A new large 1km by 500m intense magnetic anomaly in the southwest corner of the property several kilometers from the current exploration area
• Several smaller yet intensely magnetic bodies have been mapped on the Company’s northern concession

The airborne magnetometer and radiometric survey was flown with a helicopter and covered the entire 1287.5 hectare project area. Lines were orientated east-west and flown at a 50 meter line spacing with north-south tie lines every 500 meters. A total of352 line-kilometers of data were collected.

The objectives of the airborne magnetic and radiometric survey were to provide information to facilitate geological mapping and to assist in the delineation of target areas for future ground geophysical surveys and guide the current diamond drilling program. Prioritization will be the interpretation of anomalies which may represent massive sulphide mineralization.

VMS deposits typically contain pyrrhotite, an iron sulphide that is magnetic and can be detected by magnetometer surveys. Tests by Company geologists confirm the presence of pyrrhotite within the massive sulphides at Santa Elena.

Within the current area of exploration a large magnetic feature has been delineated from the southern most massive sulphide outcrops to the northern most edge of the Santa Elena Property. The magnetic feature is over a kilometer in length and is on strike with the existing massive sulphide outcrops.

A large highly intense magnetic anomaly has been mapped on the southwest corner of the property several kilometers from the current area of exploration. This magnetic feature is approximately one kilometer in length and five hundred meters in width. It is unknown whether this magnetic anomaly is part of a larger magnetic body, or if it is an independent geological feature. This anomaly warrants further investigation, and field crews will be deployed to this area immediately. No prior exploration or field mapping has been conducted in this area however recent work has discovered two new massive sulphide outcrops that are currently being channel sampled.

Several smaller yet intensely magnetic bodies have been mapped on the Company’s northern concession. These anomalies will be targeted for field exploration.

This data – used in combination with the recently completed phase one IP and resistivity survey -will greatly enhance the Company’s interpretation and understanding of the regional geology and structural system within the Santa Elena Project area, along with the identification of additional drill target areas.

Santa Elena is classified as Porphyry and poly-metallic deposits project containing 1,287.5 hectares near the north end of the Antioquia batholiths, in sequence of Cretaceous marine sediments and basaltic volcanic. Contains a large stockwork system, with an iron cap on top of the massive sulphide outcrops (Gossan) which potentially indicates an underlying porphyry system. Excellent infrastructure including paved road access, two hydroelectric plants within 5 km, and abundant water supply. Geological mapping and sampling has identified 2 VMS areas of outcropping (Azufral & Arroyo), and gossans. Ground geophysics has identified 4 strong conductors with good vertical extent, 2 of which are coincident with the Azufral & Arroyo outcrops. Artisanal underground workings exposed mineralized, sheared and brecciated mineralization with up to 2. 50% sulphides, from 0.5% to +2% Cu & from 0.2% to +1% Zn.

Arctic Star Exploration Corp. announces that Aeroquest International Ltd. has completed airborne magnetic and radiometric surveys on three properties located in the Carbo area of ‘The Rocky Mountain Rare Metal Belt’ of northern British Columbia.

The Cap, Seebach and Javorsky rare earth element (“REE”) and rare metal properties are all located within the immediate vicinity of Spectrum Mining Corporation’s Wicheeda REE Discovery as well as the Carbo Project which has been drilled by Canadian International Minerals Inc. Arctic Star is conducting exploration under its option to earn up to 100% interest in these properties. The group of claims are located 80 km northeast of Prince George and together comprises 20 mineral claims covering approximately 9,129 hectares, making it one of the largest land positions in the camp.

The heli-borne AeroMAG magnetic gradient and radiometric survey consisted of approximately 1,500 line kilometres on the three properties. The preliminary results of the survey have identified several radiometric anomalies on the Cap property, which are considered to be high priority with respect to the other surveyed properties in the Carbo area. The magnetic component of the survey further defined the strong magnetic anomaly as previously defined by the regional magnetic survey.

The preliminary results of the airborne survey, in combination with the 2010 prospecting program which located outcrops of syenite with anomalous values of Nb and Zr (see November 17^th News Release) are very encouraging. In the Carbo area, syenite is often found in close proximity to REE bearing carbonatite.

A detailed mapping and prospecting program, in combination with soil sampling has commenced on the Cap Property in order to verify the geophysical anomalies and define drill targets.

Publicly available records show that the nearby Wicheeda REE Discovery owned by Spectrum Mining showed encouraging results for REE in 2008 and 2009 drilling.

Source: http://www.marketwire.com/press-release/Arctic-Star-Exploration-Corp-Announces-Airborne-Surveys-Completed-TSX-V-ADD-1573392.htm

GMV Minerals Inc. announces that it has received further detailed airborne magnetic and gamma-ray spectrometry survey data. The new data covers GMV’s Aurora claims in Guyana.

The airborne survey was comprised of 5,100 line-kilometres of magnetics and gamma-ray spectrometry. Enhancement filters applied to the magnetics have highlighted a number of dominant structural orientations and trends. Definite ‘breaks’ in the predominate WNW fabric are shown by the magnetics and identified as target areas of interest. These cross-trends provide potential for significant fracturing and mobilization of mineralized fluids such as gold.

Eight target zones of structural complexity are identified from the magnetic analysis. These prospective areas are based on inferred structural complexity being immediately adjacent to and within regions of major shear zones (magnetic discontinuity). Gold mineralization is known to commonly occur near major crustal breaks manifesting as large-scale shear zones, which act as conduits for mineralizing fluids. Mineralization therefore may occur in regions of structural complexity adjacent to the shear zones.

GMV’s Aurora block lies directly south of Guyana Goldfields Inc.’s  property and is situated as the only major landholding between Guyana Goldfields’ Aurora (6.9m ounces gold) deposit and Sandspring’s Toroparu (8.4m ounces gold) deposit. Both of these deposits are in similar geology to that found on the GMV claims. The Aurora block and regional area presently are being worked for alluvial gold and have numerous historic workings in the area. Local access roads are presently being constructed as well the main roads to both deposits are being improved.

Anomalous potassium concentrations are mapped by the gamma-ray spectrometry as ‘ringing’ a magnetically-positive and anomalous Trans-Amazonian tectno-thermal granitoid inferred to occur in the northern half of the study area. These high potassium readings occur within otherwise potassium-poor rocks along or adjacent to inferred (magnetics) fault/shear zones and may therefore indicate anomalous sericite alteration. A significant correlation of low eTh/K ratio occurs in the northeast part of the survey block, in conjunction to the strongest zone of structural complexity interpreted from the magnetics. As thorium enrichment generally does not accompany potassium during hydrothermal alteration processes, eTh/K ratios often provide excellent distinction between potassium associated with alteration and anomalies related to normal lithological variations.

Airborne gamma-ray spectrometry surveys can be of direct assistance to exploration either because one or more of the radioelements is an associated trace constituent or because the mineralizing process has changed the radioelement ratios in the surrounding environment. Work completed to date on GMV ground and correlations to known mineral occurrences elsewhere in northern Guyana suggests that this ancillary data is providing key information to the current exploration programmes.

Douglas Perkins, GMV’s VP Exploration remarked, “This is truly one of the most exciting areas to test in GMV’s 1000 sq. mile land package. This new information has confirmed that we have the right ground not only from the proximity to significant defined gold deposits with similar geology but also by the anomalies indicated by the airborne survey and the presence of alluvial gold in the area.”

A program of geological prospecting, sampling and ground geophysics consisting of detailed magnetics and 3D induced polarization / resistivity is planned to further delineate the conductive zones and possibly identify disseminated sulphides which in turn could indicate anomalous gold mineralization.

Hunter Bay Minerals plc  announces the completion of its airborne geophysical survey at its Sela Creek Project, Suriname. The 4,986 kilometre aeromagnetic, radiometric and XDS VLF-EM survey was conducted by Terraquest Ltd. and indicates that areas of known mineralization are coincident with magnetic and radiometric anomalism. Using this geophysical signature and first pass field work, Hunter Bay has identified three high priority targets for immediate follow up work: Central Ridge, Jons Pit-Texas trend and Eastern Anomaly.

Aeromagnetic data (Figure 1) indicates that the broad area containing the three high priority targets occurs within a regional scale, rhombic dilational structure approximately 20 kilometres long and up to 8 kilometres wide, bounded to the north and south by west-northwest trending shear zones. Preliminary interpretation, combined with field observations from limited outcrop, suggests that the mid-range subdued magnetic response within the rhombic structure is associated with deeply weathered metasedimentary rocks intruded by dioritic, granodioritic and tonalitic intrusions.

Many of the known saprolitic workings occur either at the inferred contacts between metasedimentary rocks and intrusive bodies or cluster along a 5 kilometre, northwest trending structure called the Jons Pit-Texas trend. These observations highlight the importance of intrusion-related targets at Sela Creek and the structural controls on mineralization. In detail mineralization is spatially related to localized magnetic lows and coincident high potassium radiometric anomalies, which are interpreted to represent areas of hydrothermal alteration (Figure 2).

Central Ridge is a 2 kilometre long, east-west trending magnetic low bounded by moderate intensity magnetic highs, located immediately northwest of the Jons Pit-Texas trend. This magnetic anomaly coincides with a 5 kilometre long, east-west trending ridge which forms the watershed between several prominent north and south draining creek systems. These creeks have been extensively mined for alluvial gold. Central Ridge represents a high priority target for follow-up soil sampling and mapping.

Eastern Anomaly is a new high priority target in the eastern part of the licence. Eastern Anomaly comprises a 2 kilometre long, northeast trending magnetic low and coincident potassium high, which is a similar geophysical signature to that observed at the Jons Pit-Texas trend.

In conjunction with the Terraquest airborne survey, Hunter Bay also conducted aerial reconnaissance using a Cessna light aircraft which has provided a better understanding of the spatial extent of mineralization defined by artisenal workings in saprolite. In particular, shear-hosted and structurally-controlled mineralization is more extensive than previously mapped and in some places artisenal workings define up to 3 sub-parallel mineralized zones with a combined surface expression of up to 100 metres wide and over 1 kilometre long (Figure 3). Collectively artisenal workings define a broadly northwest trending corridor approximately 5 kilometres long and 1.5 kilometres wide (Jons Pit-Texas trend). Small areas of artisenal working are also present in the north and west of the licence and represent new showings which had not been previously identified.

Hunter Bay is presently completing additional processing and more detailed interpretation of the geophysical data in order to further identify and prioritize geophysical targets. An extensive soil sampling and follow-up mapping program is to commence in July 2011. Data collected during this stage of the program will be used to plan a reconnaissance drilling program.

To view the three images associated with this release, please click the following link: http://media3.marketwire.com/docs/HBYmaps.pdf.

BonTerra Resources Inc. Fugro Airborne Surveys has commenced an aeroelectromagnetic survey over the entire Symphony Property (the “Property”). The Property is situated in the Omineca mining division approximately 29 kilometres southwest of Houston, British Columbia.  BonTerra recently staked additional claims to consolidate its land position situated in between the Silver Queen Mine to the south and the Silver Streak property to the north.

Directly bordering the Property to the south is the past producing Silver Queen Mine. Historical ore grades are 8.72 opt (299 grams / tonne) silver, 0.18 opt (6.17 g/t) gold, 6.73% zinc, 1.16% lead, and 0.47% copper.

The Silver Queen property is currently being advanced by New Nadina Explorations. New Nadina has intersected silver, gold and base metal mineralization on the property. They have completed an aeromagnetic and ZTEM survey, a titan geophysical survey and diamond drilling. Drilling revealed grades of up to 493.5 g/t silver, 5.06 g/t gold, 13.5% zinc, 6% lead and 2.88% copper. The mineralized trend has a general southeast to northwest trend, the direction towards which the Property is situated.

General Location Map:

http://www.bonterraresources.com/i/pdf/SymphLocationMap.pdf

The Silver Streak property is situated to the north of the Property. Trenching on the Silver Streak identified significant mineralization which included 1.99% Cu and 338 g/t Ag over 33 meters. An inclined diamond drill hole was drilled underneath this trench in 1991. A zone grading 8.8 meters of 0.49% copper and 258 g/t silver, within 21.1 meters averaging 0.27% copper and 127 g/t silver was discovered. Another trench excavated in 2002 graded 0.26% copper and 1.91 g/t Ag over 16.7 meters. The mineralized zone is believed to have a NW-SE strike, the general direction of the Property.

This DIGHEM Electromagnetic survey with optional Radiometrics will total 308 line kilometres of readings. DIGHEM records electromagnetic data which can be interpreted to show changes in bedrock geology to great depth. The system uses multiple frequency electromagnetic fields to measure and map electrical conductivity in three dimensions. The DIGHEM EM system provides the interpretation benefits that can only be realized by a system employing both horizontal coplanar and vertical coaxial transmitter-receiver coil-pairs. BonTerra has selected Fugro’s optional Radiometrics application for an effective geological mapping solution as part of this mineral exploration program. The Company plans on using this survey to identify additional targets of interest on the property in its evaluation for silver and base metal mineralization potential on the Property.

MONTORO RETAINS AEROQUEST FOR AIRBORNE SURVEYS OVER BC RARE EARTH PROSPECTS

International Montoro Resources Inc. has retained Aeroquest International Limited to conduct multiple large scale geophysical and radiometric airborne surveys over the highly prospective “Tacheeda NW” and “Chuchinka NW” Rare Earth Element prospects located in ‘The Rocky Mountain Rare Metal Belt’of northern British Columbia. Both of Montoro’s newly acquired properties are on trend with properties held by Spectrum Mining Corp. (the “Wicheeda” discovery), who announced a 48.64 metre interval which averaged 3.55% REE, a 72.0 metre interval that averaged 2.92% REE, and a 144 metre interval which averaged 2.20% REE in three separate drill holes.

These airborne surveys will assist in identifying and prioritizing Rare Earth Element drill targets for multiple planned upcoming drill programs. The surveys will consist of approx. 1400 line kilometres and will be flown at 50 metre line spacing. The AeroMAG (Gradient & Radiometrics) system is ideal for its superior ability to contour in northern BC’s rugged terrain.

Montoro’s President and CEO, Gary Musil, stated “Several significant anomalies have been discovered on our Chuchinka REE property, using airborne geophysical surveys. Our upcoming 2011 surveys will encompass the newly acquired Tacheeda NW and Chuchinka NW claims. The previous airborne surveys conducted in the area by numerous other companies (ie. Bolero Resources Corp., Canadian International Minerals Inc., Commerce Resources Corp., and Electric Metals Inc.) have all discovered numerous anomalies that have encouraged further advancing those projects into successful sampling and drilling programs, as well as additional discoveries of REE zones”.

Phase 2 exploration at the “Chuchinka” REE property is now underway and will be focused on defining priority drill targets within several anomalies discovered by joint venture partner, Electric Metals Inc. (EMI – TSX.V) through an airborne geophysical survey in 2010. The largest of these targets, measuring over 4 km by 1 km, is located near the centre of the property and is defined by a broad magnetic low associated with coincident conductive anomalies. Geochemical sampling of soils and bedrock, together with ground-based geophysics in the form of precision magnetometer and scintillometer surveying, are being applied to identify the most prospective portions of this and other REE targets in preparation for drilling.

Smash Minerals Corp. is undertaking a vigorous exploration program on its Whiskey Gold Property, located in the White Gold District of west-central Yukon Territory, Canada. The property occupies 4,177 claims covering an area of 846 square kilometres including the placer gold-rich Black Hills and Barker creeks, and is east of and contiguous with claims formally held by Underworld Resources Corp. and now Kinross Gold Corp.

Aeromagnetic / Radiometric Survey

A property-wide 10,616 line-kilometre magnetic and radiometric helicopter geophysical survey at 100 metre line spacing was completed at the end of July. Final magnetic products have been received from the contractor Precision Geosurveys. Preliminary radiometric products have been supplied, and final processing will be completed within the next month. Geological interpretation of this data by the project team has identified a number of regional-scale east-west and north-northwest trending structures. Several intersections of these structures coincide with multi-element geochemical anomalies defined by ridge and grid soil sampling and rock grab sampling. The geophysical data have also been used to refine lithologic contact locations and outline zones of hydrothermal alteration.

ELECTRIC METALS INC. and Montoro Resources Inc announce it has commenced exploration on the Chuchinka REE-Carbonatite property, located in the Wicheeda-Carbo district north of Prince George, British Columbia.

Phase 1 exploration has commenced to define drill targets within several anomalies discovered by Electric Metals with an airborne geophysical survey in 2010 (Aeroquest). The largest of these targets, measuring over 4 km by 1 km, is located near the centre of the property and is defined by a broad magnetic low associated with coincident conductive anomalies. Geochemical sampling of soils and bedrock, together with ground-based geophysics in the form of precision magnetometer and scintillometer surveying, are being applied to identify the most prospective portions of this and other targets.

Phase 2 exploration consisting of trenching and drilling will follow upon receipt of results of the Phase 1 program.