S Business

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Sabina Gold & Silver Opens Nunavut Camp For Aggressive 2011 Exploration Program

February 03, 2011

-Goose Camp open with plans to have six drill rigs turning by mid-March-

Vancouver, BC – Sabina Gold & Silver Corp (SBB.T) is pleased to outline the objectives of its 2011exploration program and budget for its Nunavut projects. The Goose Camp is now open and being provisioned with drilling scheduled to commence in the next few weeks, approximately six weeks earlier than 2010. By the middle of March, six core drills will be operating at the Goose property with an additional two running at Hackett River by quarter end.

by NationTalk on February 4, 2011574 Views

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Bolero Acquires The “Charge” REE Prospect In Northern BC

February 3rd, 2011, Vancouver, BC, Canada – Bolero Resources Corp. (the “Company” or “Bolero”), (TSX-V: BRU), (USA: BRUZF.PK), (FRANKFURT: U7N1)nnounces it has acquired a 100% interest in the “Charge” Rare Earth Element prospect located in northern British Columba, approximately 50 kilometres southeast of the Kemess Mine operated by Northgate Minerals Corporation (NGX – TSX). Bolero’s “Charge” REE prospect currently contains the highest Lanthanum (La) (1146 ppm), Yttrium (Y) (647 ppm), and second highest Cerium (Ce) (1247 ppm) samples in the province of British Columbia’s Regional Geochemical Survey (BCRGS) database, with over 7000 samples recently taken from the region.

by NationTalk on February 4, 2011475 Views

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Rainy River and Northern Superior Announce Final Phase 1 Results and Commencement of Winter Diamond Drilling at the Ti-Pa-Haa-Kaa-Ning (“TPK”) Project

Toronto, Ontario – Feb. 4, 2011 – Rainy River Resources Ltd. (“Rainy River”) (TSX VENTURE:RR) and Northern Superior Resources Inc. (“Northern Superior”) (TSX VENTURE:SUP) (together, the “Companies”), announce final assay results from the 2010 Phase I diamond drill program and the commencement of their 2011 diamond drilling and geophysical exploration program. Three thousand meters of diamond drilling is planned prior to the spring breakup. The TPK Joint Venture project is located 190 km northeast of Pickle Lake in Northern Ontario. The diamond drilling is being conducted with the cooperation of Neskantaga First Nation (“Neskantaga”).

by NationTalk on February 4, 2011557 Views

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Cliffs Natural Resources Releases Northern Ontario Chromite Project Information to Facilitate Stakeholder Discussions

Cleveland, Feb. 3, 2011 — Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today, in connection with its ongoing discussions with stakeholders, released preliminary project information for potential development of its Black Thor chromite deposit in the McFaulds Lake or Ring of Fire area of Northern Ontario.

Cliffs Chromite Project involves the largest known North American chromite deposit, located in one of the most remote areas of Ontario, the Far North. Exploration to date has consisted of geophysics and diamond drilling to delineate the Black Thor chromite zone. The current inferred mineral resource estimate indicates the Black Thor deposit contains approximately 69.5 million tonnes at a grade of about 31.9% Cr2O3.

by NationTalk on February 4, 2011494 Views

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Cougar Oil and Gas Canada Inc. Announces Finance Update

Calgary, Alberta – Feb. 3, 2011 – Cougar Oil and Gas Canada Inc. (“Cougar” or the “Corporation”) (OTCBB:COUGF) is pleased to provide an update to the financing of the previously announced Q1, 2011 Trout core area multi-well drilling program and 3D seismic program.

The previously announced 23.8Km2 high resolution 1.1 million dollar 3D seismic program was financed by the exercise of warrants by some the original investors in Cougar Energy, Inc. This seismic data will provide the Corporation with the detailed geophysical information needed to support the geological selection of the drilling programs which will be executed over the next 18 to 24 months.

by NationTalk on February 3, 2011595 Views

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Cougar Oil and Gas Canada Inc. Announces Operations Update

Calgary, Alberta – Feb. 3, 2011 – Cougar Oil and Gas Canada Inc. (“Cougar” or the “Corporation”) (OTCBB:COUGF) is pleased to provide an operations update to the previously announced Q1, 2011 Trout core area multi-well drilling program and 3D seismic program.

The previously announced 23.8Km2 high resolution 3D seismic program is nearing completion -the data recording and the overall program will be finished in 2 days. First drafts of processed seismic data expected within 6 to 8 weeks. This seismic data will provide the Corporation with the detailed geophysical information needed to support the geological selection of the drilling programs which will be executed over the next 18 to 24 months.

by NationTalk on February 3, 2011400 Views

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Trafina Energy Announces Independent Report on Discovered Oil Initially-In-Place at McMullen, Alberta

Calgary, Alberta – Feb. 2, 2011 –

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Trafina Energy Ltd. (“Trafina” or “the Company”) (TSX VENTURE:TFA.A) is pleased to announce the completion of a report by McDaniel & Associates Consultants Ltd. (“McDaniel”) relating to the Company’s recently acquired lands in northeastern Alberta (the “McMullen Lands”).

by NationTalk on February 3, 2011410 Views

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CanAlaska Uranium Mobilizes First Drill to Fond Du Lac Uranium Targets

Vancouver, Feb. 3 – CanAlaska Uranium Ltd. (TSX.V – CVV) (“CanAlaska” or the “Company”) is pleased to announce that it has commenced a three-week program of reverse circulation drilling on the Fond Du Lac Uranium Project. This initial program will be followed by two further programs of diamond drilling at the Fond Du Lac “West” and Fond Du Lac “Main” projects.

by NationTalk on February 3, 2011386 Views

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SLAM Drilling more Intercepts at Reserve Creek Gold Project

Stepping West From High Grade Gold Intercepts Ranging Up To 27.43 g/t Gold Over 1m

Miramichi, NB, Feb. 2 – SLAM Exploration Ltd. (TSX-V:SXL) (“SLAM”) announces completion of 9 diamond drill holes since it resumed activity at its wholly owned Reserve Creek gold project in the Fort Hope gold area of Ontario. Assays are pending on 355 samples shipped to the lab from the first 5 holes. The Company drilled 6 holes in the vicinity of hole RS10-25 and 3 holes to test the strike extent of the mineralized zone up to 90m east of hole RS10-16. This hole intersected bonanza grade gold mineralization up to 274 g/t gold over 0.5m within a 16.85 m interval grading 16.45 g/t gold (news release 17 August 2010).

by NationTalk on February 3, 2011377 Views

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FortisOntario and Lake Huron Anishinabek First Nations Announce Memorandum of Understanding to Develop Transmission Projects in Ontario

St. John’s, Newfoundland and Labrador – Feb. 2, 2011 – FortisOntario Inc. (“FortisOntario”), a wholly owned subsidiary of Fortis Inc. (“Fortis”) (TSX:FTS) and First Nations’ Lake Huron Anishinabek Transmission Company Inc. (“LHATC”) announced today that FortisOntario and LHATC have entered into a memorandum of understanding for a joint venture to develop, construct and operate regulated electricity transmission projects in Ontario. LHATC represents First Nations who are signatories or are adherent to the Robinson-Huron Treaty of 1850. FortisOntario will hold a minimum 51% interest, with LHATC having the rights to acquire up to a 49% equity interest, in the joint venture.

by NationTalk on February 2, 2011771 Views

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Canada Supports Business Development in the NWT

Yellowknife (Northwest Territories) February 2, 2011 – Four business-related initiatives in the Northwest Territories have been advanced thanks to investments by the Canadian Northern Economic Development Agency (CanNor).

The Honourable John Duncan, Minister of the Canadian Northern Economic Development Agency, today announced close to $300,000 to help fund start up costs, educational workshops, and operational work to support business development and diversification in the Northwest Territories. With additional contributions from project proponents, private investors and the Territorial Government, the projects have a total value of more than $850,000.

by NationTalk on February 2, 2011819 Views

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Suncor Energy reports 2010 fourth quarter results

All financial figures are unaudited and in Canadian dollars unless noted otherwise. Certain financial measures referred to in this document are not prescribed by Canadian generally accepted accounting principles (GAAP). For a description of these measures, see the Non-GAAP Financial Measures Advisory in this document. Certain crude oil and natural gas liquid volumes have been converted to millions of cubic feet equivalent of natural gas (mmcfe) on the basis of one barrel to six thousand cubic feet (mcf). Also, certain natural gas volumes have been converted to barrels of oil equivalent (boe) on the same basis. Mmcfe and boe may be misleading, particularly if used in isolation. A conversion ratio of one barrel of crude oil or natural gas liquids to six thousand cubic feet of natural gas is based on an energy equivalency conversion method primarily applicable at the burner tip and does not necessarily represent value equivalency at the wellhead.

On August 1, 2009, Suncor Energy Inc. completed its merger with Petro-Canada. As such, results for the twelve month period ended December 31, 2010 reflect results of post-merger Suncor and the comparative figures for the twelve month period ended December 31, 2009 reflect results for five months of the post-merger Suncor and seven months of legacy Suncor prior to the merger. References to the merger herein mean the merger between Suncor Energy Inc. and Petro-Canada.

Calgary, Alberta – Feb. 2, 2011 -Suncor Energy Inc. today reported fourth quarter 2010 net earnings of $1.353 billion ($0.87 per common share), compared to net earnings of $457 million ($0.29 per common share) for the fourth quarter of 2009. Operating earnings in the fourth quarter of 2010 were $946 million ($0.60 per common share), compared to $342 million ($0.22 per common share) in the fourth quarter of 2009.

by NationTalk on February 2, 2011395 Views

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Montréal-Trudeau airport presents three new photo exhibitions

PRESS RELEASE
For immediate release

Montréal, February 2nd, 2011 – Aéroports de Montréal (ADM) is proud to present Three photo exhibition at Montréal–Trudeau airport : Tightly Knit: Biodiversity Connections created by la Biosphère, Yours Truly, Montréal, made by Pointe-à-Callière and Montréal Sports City, realised by André Paradis.

by NationTalk on February 2, 2011504 Views

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A.P. Reid and Membertou Launch New Office in Membertou Business Center

New Client Service Centre now open for business

Membertou, Nova Scotia – Feb. 2, 2011 – A.P. Reid Insurance Stores and Membertou Corporate Division are excited to announce their new partnership. This new company will provide a full range of personal lines and commercial insurance products and programs to the residents, businesses and organizations of Cape Breton while providing sustainable employment to the Membertou First Nations community.

by NationTalk on February 2, 2011499 Views

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Coastal Pacific Adds Further Management Expertise

Calgary, AB – February 2, 2011 – Coastal Pacific Mining Corp. (OTCQB: CPMCF) (PINKSHEETS: CPMCF) (“Coastal Pacific” or the “Company”) www.coastalpacificminingcorp.com, is pleased to announce the appointment of Mr. Rick Walker, B.Sc., M.Sc., P.Geo, to the position of Chief Geologist, and as a Director of the Company.

Mr. Walker is an experienced consulting geologist with extensive field experience and proven organizational / management ability, having completed contracts with the Department of Indian and Northern Affairs (NWT) and the Geological Survey of Canada, as well as considerable experience with junior to major resources companies active in Canada, the U.S. and South America. Mr. Walker has managed exploration programs for a diverse suite of possible commodities in a wide variety of settings. He has experience in exploration programs for precious metals (predominantly gold), base metals (copper, lead, molybdenum and zinc), as well as industrial minerals (graphite, mica, dimension stone). Additional major qualifications include:

by NationTalk on February 2, 2011456 Views

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Pacific Iron Ore Corporation Increases Iron Resources and Updates the Bugaboo Creek Iron Ore Project

Calgary, Alberta – Feb. 1, 2011 – Pacific Iron Ore Corporation (TSX VENTURE:POC), announces that inferred resources have nearly doubled to 14.3 million tonnes grading 60 percent recoverable magnetite (Fe3O4) within in the Bugaboo Creek iron deposits. A cut-off of 20 percent magnetite was used in the determination of this resource.

The corporation is advancing the Bugaboo Creek deposits with the corporate goal of exporting approximately 2 million tonnes per year of iron concentrate to steel producers within the Pacific region. Additional exploration is required to meet these proposed production targets.

by NationTalk on February 2, 2011436 Views

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Uranium North Identifies Expansion Possibilities on the Mallery Lake Gold/Silver Project

Vancouver, BC, February 1, 2011 – Uranium North Resource Corp. (“Uranium North” or the “Company”) (TSX-V: UNR) demonstrates through a rock and soil sampling program that gold is present in the volcanic rock that hosts the gold bearing veins at Mallery. The combined mineralization within the veins and the adjacent volcanic rock considerably increases the mineralized width potential for the project. In addition, the 2010 rock and soil samples collected from the property suggest mineralization at Mallery is significantly more widespread than previously known. The Mallery Lake project is located in Nunavut and is 100% owned by the Company.

by NationTalk on February 2, 2011392 Views

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Pure Nickel Reports Operating Highlights and Fiscal Year-End Results for the Year Ended November 30, 2010.

Toronto, Feb. 2 – Pure Nickel Inc. (TSX: NIC, OTCBB: PNCKF) (the “Company”) today released its operating highlights and its financial results for the year ended November 30, 2010. (All dollar amounts herein are in Canadian funds unless otherwise indicated.)

by NationTalk on February 2, 2011405 Views

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Evolving Gold Declares Dividend-in-Kind and Sets Record Date for Spin Out of Prosperity Goldfields Corp.

Vancouver, Feb. 2 – Evolving Gold Corp. (TSX: EVG) (FSE: EV7) (the “Company” or “Evolving Gold”) announced today that its board of directors has set February 16, 2011 as the record date for the dividend-in-kind spin out transaction (the “Spin Out”) involving the transfer of the Company’s option to acquire the mineral claims forming the Kiyuk Lake gold property in southern Nunavut (the “Kiyuk Property”) to a new company, Prosperity Goldfields Corp. (“Prosperity”).

by NationTalk on February 2, 2011503 Views

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Everyone, Every Way: CBC/Radio-Canada’s strategy for the future

Ottawa, Feb. 1 – CBC/Radio-Canada today outlined its strategy for the future. Everyone, Every way sets out what Canadians can expect from their public broadcaster over the next five years.

“We want to be recognized by Canadians as the leader in expressing Canadian culture and enriching democracy on their behalf,” said Hubert T. Lacroix, President and CEO of CBC/Radio-Canada. “This is what will drive all of our actions over the next five years.”

by NationTalk on February 1, 2011517 Views

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KWG Medivacs Blockader

Symbol on TSX Venture Exchange: KWG
Shares issued and outstanding: 632,828,941

Montreal, Feb. 1 – KWG Resources Inc. (TSXV: KWG) yesterday had its helicopter evacuate a man injured in the campsite being installed beside the Koper Lake ice runway for a threatened blockade of exploration activities in the area. The man was given first aid by the cook-medic of the Webequie Logistics camp staff to stabilize him for transport. He was then flown by KWG, by contracted helicopter, to the Webequie First Nation Nursing Station where he was treated for non life-threatening injuries accidentally sustained while erecting a camp for the proposed blockade. He was one of three people sent this past weekend from the Marten Falls First Nation for the purpose. KWG’s drilling program is continuing.

by NationTalk on February 1, 2011511 Views

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Creating Jobs And Clean Energy In Atikokan

January 31, 2011

McGuinty Government Re-Energizing Northern Forestry Sector

Atikokan Renewable Fuels has accepted one of the Province’s first new wood supply offers. They will produce wood pellets for domestic and international customers, which can be used to create heating and electricity. This will create up to 95 jobs, help sustain other jobs in the forestry sector and support the local economy.

by NationTalk on February 1, 2011582 Views

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Kria Resources Ltd. Announces Permits to Begin Construction at the Halfmile Mine in New Brunswick

Vancouver, British Columbia – Jan. 31, 2011 – Trevali Resources Corp. (“Trevali” or the “Company”) (TSX:TV)(OTCQX:TREVF)(FRANKFURT:4TI) is pleased to announce that Kria Resources Ltd. (“Kria”) has received both the Industrial Lease and Licence of Occupation from the New Brunswick Department of Natural Resources and the Approval to Construct and Operate from the New Brunswick Department of Environment permit to Construct and Operate the Halfmile Mine and the required permit and mining lease from the New Brunswick Department of Environment granting approval to construct and operate the Halfmile Mine. The receipt of both these permits allows Kria to begin construction activities at the Halfmile mine site.

by NationTalk on February 1, 2011449 Views

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ROOPH Awards Recognize Leadership and Service in Housing and Homelessness

Edmonton, Alberta – Jan. 31, 2011 – On February 1st, Homeward Trust Edmonton hosts the 6th annual ROOPH Awards – recognizing outstanding organizations and people in housing in Edmonton. Awards are presented in the following categories. The nominees are listed as well:

The Larry Shaben Award for Outstanding Service in the Housing Sector – Bruce Reith, Hope Hunter, Lynn Hanley, Pat Garrett, Susan Green

by NationTalk on January 31, 2011830 Views

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Imperial Oil announces estimated fourth-quarter financial and operating results

Calgary, Alberta, January 31, 2011

Imperial Oil’s focus on operational excellence delivered strong results with fourth quarter earnings of $799 million or $0.94 per share, up from $534 million in the fourth quarter of 2009. The 50 percent earnings increase resulted primarily from improved downstream margins, higher crude oil commodity prices and improved refinery operations. These factors were partially offset by unfavourable foreign exchange effects of the stronger Canadian dollar. Strong operating performance in all business segments allowed us to capture the higher crude oil realizations in the Upstream and improved margins in petroleum product markets.

by NationTalk on January 31, 2011517 Views

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True North Gems Inc.: Socioeconomic Impact Assessment Begins

Vancouver, British Columbia – Jan. 31, 2011 – True North Gems Inc. (TSX VENTURE:TGX) announced today that the Socioeconomic Impact Assessment (SIA) process will begin with stakeholder workshop consultation on February 6 in Nuuk and February 7, 2011 in Qeqertarsuatsiaat, Greenland. The SIA process, being coordinated by Danish/Greenlandic consultants Grontmij | Carl Bro, will form a part of the company’s exploitation (mining) permit application for the Aappaluttoq Ruby Project located in the Qeqertarsuatsiaat district of South-western Greenland.

by NationTalk on January 31, 2011673 Views

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ArcelorMittal and Nunavut Iron announce Take-up of additional Baffinland Securities

Toronto and Luxembourg, Jan. 31 – ArcelorMittal and Nunavut Iron Ore Acquisition Inc. (“Nunavut Iron” and, together with ArcelorMittal, the “Offerors”) announced today that they have taken-up an additional 8,410,670 common shares (the “Common Shares”) of Baffinland Iron Mines Corporation (“Baffinland”) under their outstanding offer (the “Offer”) of C$1.50 per Common Share and C$0.10 per common share purchase warrants issued pursuant to a warrant indenture dated 31 January 2007 (the “2007 Warrants”) of Baffinland.

by NationTalk on January 31, 2011482 Views

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Enterprise Saskatchewan Sector Teams and Strategic Issues Councils Updated

News Release – January 28, 2011

A reorganization of Enterprise Saskatchewan’s (ES) sector teams and issues councils was announced today by Enterprise Minister Jeremy Harrison.

The number of sector teams will be reduced from 18 to eight. The number of strategic issues councils will increase from three to four. The changes will streamline the important process of providing government with recommendations for policies to build on competitive advantages and reduce barriers to economic growth.

by NationTalk on January 28, 2011617 Views

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Avanti Mining Announces Letter of Intent With SeAH Holdings Corp. For Joint Redevelopment of The Kitsault Mine

January 27, 2011

Vancouver, British Columbia: Avanti Mining Inc. (TSX-V:AVT) (“Avanti” or the “Company”) is pleased to announce that it has entered into a letter of intent (“LOI”) with respect to a potential acquisition by SeAH Holdings Corp. (“SeAH”) of up to a 30% interest in the Kitsault Project. The amount of investment needed to earn the interest will be negotiated between the parties based upon the valuation reflected in Kitsault feasibility study announced on December 16th, 2010. The transaction is subject to any required regulatory approval, third party consents, customary due diligence and a definitive participation agreement. There is no certainty that a binding agreement will be entered into with SeAH.

by NationTalk on January 28, 2011564 Views

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Saskatchewan’s Potash: Who Really Benefits? Report

January 27, 2011

Regina — The Canadian Centre for Policy Alternatives, Saskatchewan Office today released Exploiting Saskatchewan’s Potash: Who Benefits? by John W. Warnock. The new report considers the history of potash exploitation in the province with an eye to answering the question of whether the people of Saskatchewan are receiving the full benefit from the exploitation of this strategic natural resource.

by NationTalk on January 28, 2011587 Views

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Treaty Commission “Update” Newsletter, January 2011 Issue

January 25, 2010

The Treaty Commission today released the “Update” newsletter, January 2011 issue, reporting on the status of Treaty Negotiations and the state of the BC Treaty process.

by NationTalk on January 28, 2011456 Views

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Discovery Air’s Top Aces’ Standing Offers Extended

Yellowknife, NT, January 27, 2011 – Discovery Air Inc. announced today that Top Aces’ Interim Contracted Airborne Training Services (ICATS) Standing Offer arrangements have been extended by the Government of Canada for a 16 month period, taking the service delivery to June 2012 with an option to extend for an additional 12 months to June 2013. Top Aces has also submitted a bid on the Government of Canada’s Contracted Airborne Training Services (CATS) procurement program, a replacement long-term airborne training services contract which covers a 20 year period, including a 10 year primary term with two 5 year extensions at the government’s option.

by NationTalk on January 28, 2011572 Views

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Sabina Gold & Silver Announces Results of Phase 1 Drilling at Newman-Madsen Property in Red Lake Ontario -50/50 Joint Venture With Premier Gold Mines On Prospective Gold Property

January 27, 2011

Vancouver, BC – Sabina Gold & Silver Corp (SBB.T) is pleased to announce the results of the first of a two phase drilling program that began last fall on its 50% owned Newman-Madsen property in the prolific Red Lake gold district of Ontario, Canada.

Newman-Madsen is one of the Company’s early stage exploration projects in Ontario and is held in a 50/50 joint venture with Premier Gold Mines with Sabina as the operator. Initial Newman-Madsen work has been organized into a two phase $1.09 million drilling program with 50% of the cost borne each by Sabina and Premier.

by NationTalk on January 28, 2011528 Views

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Canadian Oil Sands’ 2010 Cash from Operating Activities and Net Income More Than Doubles Over 2009

Calgary, Alberta — 01/27/11 — All financial figures are unaudited and in Canadian dollars unless otherwise noted. Financial information reflects Canadian Oil Sands’ conversion from an income trust structure to a corporate structure on December 31, 2010 and, as such, refers to shares, shareholders and dividends which were formerly referred to as Units, Unitholders and distributions under the trust structure.

by NationTalk on January 28, 2011525 Views

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Total E&P Canada Ltd. Acknowledges Favourable Decision Regarding Its 100,000 Barrel-Per-Day Joslyn North Mine

Calgary, Alberta – Jan. 27, 2011 – Total E&P Canada Ltd., a Total SA subsidiary, received notice that the Joint Review Panel (Panel) finds the Joslyn North Mine Project (JNMP or the Project) to be in the public interest and grants approval for the construction, operation, and reclamation of the Project.

The mine is located outside Fort McMurray, Alberta and is designed to produce a projected 100,000 barrels of bitumen per day over the 20-year economic life of the Project.

by NationTalk on January 28, 2011554 Views

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Avalon Reports Increase in Indicated Resources in the Nechalacho Rare Earth Elements Deposit, NWT

Toronto, Ontario – Jan. 27, 2011 – Avalon Rare Metals Inc. (TSX:AVL)(NYSE Amex:AVL) (“Avalon” or the “Company”) is pleased to provide an update on development work on the Nechalacho Rare Earth Elements (“REE”) deposit, Thor Lake, NWT. In particular, all the data from the 2010 summer definition drilling program has now been compiled into the deposit block model and the 43-101 compliant resource estimates have been updated accordingly (Tables 1a and b). As expected, this resulted in a significant increase in the proportion of Mineral Resources in the Nechalacho deposit that can be classified as Indicated.

by NationTalk on January 28, 2011543 Views

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Total E&P Canada Ltd. Acknowledges Favourable Decision Regarding Its 100,000 Barrel-Per-Day Joslyn North Mine

Calgary, Alberta – Jan. 27, 2011 – Total E&P Canada Ltd., a Total SA subsidiary, received notice that the Joint Review Panel (Panel) finds the Joslyn North Mine Project (JNMP or the Project) to be in the public interest and grants approval for the construction, operation, and reclamation of the Project.

The mine is located outside Fort McMurray, Alberta and is designed to produce a projected 100,000 barrels of bitumen per day over the 20-year economic life of the Project.

by NationTalk on January 28, 2011524 Views

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ArcelorMittal, Nunavut Iron and Baffinland announce Changes to Baffinland Board of Directors

Baffinland appoints new Chief Executive Officer

Toronto/Luxembourg, Jan. 27 – ArcelorMittal, Nunavut Iron Ore Acquisition Inc. (together the “Offerors”) and Baffinland Iron Mines Corporation (“Baffinland”) today announced changes to the Baffinland Board of Directors. Effective immediately, the Baffinland Board of Directors has accepted the resignations of Richard D. McCloskey, Grant Edey, John W. Lydall, Russell Cranswick and Gordon Watts. The Baffinland Board of Directors has been expanded to eleven directors and the open board seats have been filled by the following directors – Aditya Mittal, Sudhir Maheshwari, Phil Du Toit, Peter Kukielski, Carole Whittall, André La Flèche, Bruce Walter and Jowdat Waheed.

by NationTalk on January 28, 2011626 Views

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Steelworkers, Vale Reach Tentative Deal at Voisey’s Bay

St. John’s, Jan. 27 – Negotiators for the United Steelworkers (USW) and Brazil-based Vale have reached a tentative agreement to end the bitter 18-month strike at the Voisey’s Bay nickel mine in Labrador.

The tentative deal was reached Wednesday evening in St. John’s, said USW staff representative Boyd Bussey.

by NationTalk on January 27, 2011538 Views

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Toronto Rises in North American Tourism Rankings

Press Release
For immediate release
Jan 27, 2011

International travellers spur tourism growth

Toronto (January 27, 2011) – 2010 was a record year for tourism in Toronto as the number of hotel room nights sold reached over 8.93 million. Toronto moved up to sixth place in hotel occupancy among top North American cities from 10th a year ago. Tourism Toronto’s newly released tourism estimates for 2010 show a significant rebound from the prior year and important growth in key international markets.

by NationTalk on January 27, 2011534 Views

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NaiKun Wind Comments on Market Activity

Vancouver, B.C. – January 26, 2011 – NaiKun Wind Energy Group Inc. (TSX-Venture: NKW) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.

by NationTalk on January 27, 2011481 Views

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Port Metro Vancouver Delivers Record Breaking 2010

Coal, grain and potash lead exports, while container traffic reaches unprecedented volumes

Vancouver, Jan. 27 – Port Metro Vancouver has released its 2010 year-end results. In a busy year for Canada’s Pacific Gateway, Port Metro Vancouver achieved record-breaking volumes in key sectors and a total tonnage increase of 16 per cent, delivering 118.4 million tonnes overall on the year.

by NationTalk on January 27, 2011474 Views

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ROR Power Biomass Update

Vancouver, Jan. 26, 2011 – Run of River Power Inc. (TSX-V: ROR) (“ROR Power” or “the Company”) today announced its Suskwa and Tsilhqot’in Power projects are no longer under consideration in BC Hydro’s Bioenergy Phase 2 Call. The Company will continue exploring options with its First Nations partners to move these projects forward.

by NationTalk on January 27, 2011558 Views

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Nunavut Iron Provides Update

Toronto, Jan. 26 – Nunavut Iron Ore Acquisition Inc. (“Nunavut Iron”) confirmed today that, as at 11:59 p.m. on January 25, 2011, certain conditions of its offer (the “NI Offer”) to purchase common shares of Baffinland Iron Mines Corporation (“Baffinland”) described in the Notice of Variation and Extension dated January 10, 2011 had not been satisfied and that the NI Offer has expired. Any common shares deposited to the NI Offer and not previously withdrawn will be promptly returned to the depositing shareholders.

by NationTalk on January 27, 2011462 Views

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Casino Regina Celebrates 15th Anniversary

News Release – January 26, 2011

Casino Regina is celebrating a milestone today as it marks its 15th Anniversary. Located in downtown Regina’s historic Union Station, Casino Regina has grown into one of Saskatchewan’s top entertainment and tourism destinations, with more than 27 million visits since it opened in 1996.

“Casino Regina guests have come to enjoy a world-class entertainment experience and outstanding service,” Minister responsible for Saskatchewan Gaming Corporation Ken Cheveldayoff said. “Congratulations to Casino Regina and its employees for reaching this milestone, and for 15 years of generating quality employment opportunities, economic benefit and profit for Saskatchewan people in partnership with First Nations.”

by NationTalk on January 26, 2011579 Views

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The Mining Association of Canada announces stepping down of President and Chief Executive Officer Mr. Gordon Peeling

Ottawa Jan. 26 – The Mining Association of Canada (MAC) today announced that its President and Chief Executive Officer, Mr. Gordon R. Peeling plans to step down as head of the association as of April 30, 2011.

“We are deeply appreciative of Gordon’s contribution to this organization. Over the thirteen plus years of his tenure, he has been instrumental to MAC’s success and growth,” said Mr. Doug H. Horswill Chairman of the Board.

by NationTalk on January 26, 2011473 Views

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Discovery Air Technical Services Inc. announces award of SAAB340 AMO Certificate and new contracts with Sky Bahamas and Transwest Air

Quebec City, January 25, 2011 – Discovery Air Technical Services Inc. (DATS), a Discovery Air company, is pleased to announce receipt of its Approved Maintenance Organisation (AMO) Certificate from Transport Canada for the SAAB 340 aircraft. DATS is also pleased to announce that it has signed maintenance agreements for multiple aircraft with Sky Bahamas, a Caribbean operator based in Nassau, The Bahamas, and Transwest Air, a Canadian operator based in Prince Albert, Saskatchewan.

by NationTalk on January 26, 2011499 Views

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Detour Gold and Moose Cree First Nation Execute and Sign Agreement for the Detour Lake Project

Toronto, Ontario – Jan. 25, 2011 – Detour Gold Corporation (TSX:DGC) (“Detour Gold” or the “Company”) and Moose Cree First Nation (“MCFN”) are pleased to announce that they have executed an Agreement with respect to the development and operation of the Company’s Detour Lake gold project in northeastern Ontario, following the successful community ratification of the Agreement on December 21, 2010. Ceremonial signings will take place at the Prospectors and Developers Association of Canada conference in Toronto on March 7, 2011 and in the community of Moose Factory on a date to be determined.

by NationTalk on January 25, 2011831 Views

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ArcelorMittal and Nunavut Iron announce Take-up of Common Shares and 2007 Warrants of Baffinalnd and Extend Offer

Luxembourg, Jan. 25 – ArcelorMittal and Nunavut Iron Ore Acquisition Inc. (together the “Offerors”) today announced that they have waived the minimum tender condition under their offer (the “Offer”) to purchase all of the outstanding common shares (“Common Shares”) of Baffinland Iron Mines Corporation (“Baffinland”) and all outstanding Common Share purchase warrants issued pursuant to a warrant indenture dated 31 January 2007 (the “2007 Warrants”). The Offerors have taken-up 189,501,398 Common Shares and 2,701,406 2007 Warrants under the Offer, being all the Common Shares and 2007 Warrants tendered as at 11:59 p.m. (Toronto time) on 24 January 2011.

by NationTalk on January 25, 2011585 Views

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Alexco Identifies New 6.4 to 8.9 Meter Wide Silver Mineralized Zone at Bermingham, Keno Hill, Yukon

January 24, 2011 Vancouver, British Columbia — Alexco Resource Corp. (TSX:AXR, NYSE AMEX:AXU) (“Alexco” or the “Company”) is pleased to announce additional results from the 2010 surface core drilling program at its Bermingham property in the Keno Hill silver district, Yukon Territory. Building on Alexco’s recognition of a “blind” mineralized structural zone in the area of the historic Bermingham mine in 2009, follow up work in 2010 has confirmed the presence of significant silver mineralization with minor base metals beginning approximately 150 meters from surface and extending at least 200 meters down plunge where it remains open. The mineralized structure is also recognized at depth over approximately 200 meters of strike extent where it similarly remains open to the southwest. Six of the holes drilled in 2010 to initially test the target structure intersected significant silver grades over drill widths ranging from 6.38 to 8.92 meters within a structural zone up to 20 meters wide. The historical Bermingham mine is located on Galena Hill approximately 1,500 meters southwest of the historical Hector Calumet mine, the district’s largest historical silver producer. Mineralization at Bermingham occurs on the southwest extension of the same structural zone that hosted the Hector Calumet ore deposit, which produced approximately 96 million ounces of silver at an average grade of 35 ounces per ton.

by NationTalk on January 25, 2011460 Views

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