Magellan Minerals Ltd. (TSX VENTURE: MNM)

Magellan Drills 42.6m @ 1.73 g/t Gold at Central Zone, Cuiu Cuiu Project, Brazil

Magellan Minerals Ltd. (TSX VENTURE: MNM) ("Magellan") is pleased to report results on an additional 9 drill holes from the Cuiu Cuiu project in Para, Brazil, where current resources total 1.2Moz (31Mt @ 1.2 g/t) of gold in the inferred category and 0.1Moz (3.4Mt @ 1.0 g/t) of gold in the indicated category. All of the holes reported here are step-out holes drilled to test possible extensions to the Central and Moreira Gomes deposits.

Highlights include 42.6m @ 1.73 g/t gold in hole 124 located at Central and 18.4m @ 0.46 g/t gold in hole 122, located in the eastern part of the Moreira Gomes zone. The Cuiu Cuiu project is located 25km NW of Eldorado Gold's Tocantinzinho project which is currently undergoing a feasibility study.

Hole 124 was a deep hole designed to test the down dip extent of the main zone intersected in hole 96 (92.4m @ 0.71 g/t, + 44.7m @ 0.72 g/t, + 60m @ 0.63 g/t, + 31.1m @ 0.77 g/t gold). The hole intersected 10.1m @ 1.10 g/t gold from 366.7 to 376.8m depth as well as 42.6m @ 1.73 g/t gold between 411.7 and 454.3m depth demonstrating that the mineralized zone continues at depth

Hole 127 cut several zones at depth including 8m @ 0.83 g/t gold from 260.5 to 268.5m depth raising the possibility of a mineralized structure parallel to the main Central zone.

Magellan Minerals Ltd. (TSX VENTURE: MNM) is a TSX Venture Exchange listed exploration company with a number of gold exploration properties in the Tapajos region of northern Brazil and is focused on the Cuiu Cuiu and Coringa projects where drilling is currently in progress.

Last Trade: 0.5852 Week: 1.94 – 0.52Market Cap: 63.47 Million

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Timmins Gold Intersects 36.58 Metres Grading 0.816 Grams Per Tonne Gold at La Chicharra Open Pit

Timmins Gold Corp. (TSX: TMM)

is pleased to announce results for drilling completed during the months of June and July, 2011 at the existing La Chicharra open pit located 2 kilometres west of the San Francisco open pit, in the state of Sonora, Mexico.

The most significant results were obtained along the projection of the La Chicharra mineral trend located 500 meters to the south of the San Francisco mine and 1,200 meters to the southeast of the La Chicharra pit along what appears to be a parallel mineral system to the San Francisco deposit.

Drill Intersections
Drill Hole---------------------------------------------------
NumberDepth (m)From (m)To (m)True Width (m)Au g/t

TF-1564207.26112.78149.3536.580.816

About Timmins Gold

Timmins Gold Corp. is a gold production and development company. In April 2010, Timmins Gold commenced commercial production at its wholly owned San Francisco gold mine in Sonora, Mexico. Timmins Gold has projected production at a rate of approximately 100,000 ounces of gold per year at a life of mine cash cost of approximately $489 per ounce. (Micon International Preliminary Feasibility Study, November 2010).

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Golden Star Resources Announces Pampe Pit Re-Opening and Commencement of Mining Operations Targeting 191,000 Ounces of Proven and Probable Gold Reserves

Golden Star Resources Ltd. (NYSE Amex: GSS) (TSX: GSC) (GSE: GSR) ("Golden Star" or the "Company")

today announced it has re-commenced mining of the free milling Pampe Deposit located 26 kilometers west of the Company's Bogoso processing plant in Ghana, West Africa. The Company also announced that an exploratory drilling program is underway focused on increasing Pampe's Proven and Probable Reserves of 191,000 ounces of gold.

The Pampe non-refractory deposit is on the southern end of the Akropong Trend, which is a subsidiary fault structure of the prolific Ashanti Trend. The Akropong Trend also hosts the multi-million ounce Edikan gold project operated by Perseus Mining.

About the company

The Pampe Deposit, an existing pit that was mined by Golden Star from 2007 to 2008, has all required regulatory permits and all necessary mining infrastructure in place. The Proven and Probable Reserves at Pampe are 1.7 million tonnes grading 3.5 grams per tonne (g/t) and totaling 191,000 ounces of gold. Initial mining will concentrate on a pit waste cut back to access ore below the existing pit floor. Once the waste cut back has been completed, mine production is expected to generate up to 75,000 tonnes of ore per month beginning in January 2012. The Company expects mined grade of ore to average 3.5 g/t Au with metallurgical recovery of approximately 80%.

Last: 2.38Range: 6.21-1.78Market Cap: 615 million

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Cadillac Ventures Inc.: Thierry Mine Updated Mineral Resource Estimate Increases Measured and Indicated by 33% and Inferred by 75%

Cadillac Ventures Inc. (TSX VENTURE: CDC) ("Cadillac" or the "Company")

is pleased to announce it has received an updated resource estimate for the Thierry Mine project, based upon drilling carried out by Cadillac in 2010 and 2011. The updated Mineral Resource estimate consists of 8,281,000 Measured and Indicated tonnes grading 1.73% Cu and 0.20% Ni, and 14,639,000 Inferred tonnes grading 1.70% Cu and 0.16% Ni, using a cut-off NSR of C$46.30/tonne. The updated resource estimate, prepared by P & E Mining Consultants Inc. ("P&E") is presented below. This update represents a significant increase over the May 2010 resource of 6,227,000 tonnes Measured and Indicated grading 1.92% Cu and 0.20 Ni and 8,379,000 Inferred tonnes grading 1.79% Cu and 0.16% Ni.

Norman Brewster P.Geo, President and CEO of Cadillac commented "Cadillac is pleased that the success we obtained in our drill campaigns at Thierry has positively impacted the resource size, resulting in an increase of 33% in the Measured and Indicated category and 75% in the inferred category over the May 2010 resource estimate. The Thierry Mine has proven to be a notable copper resource in Ontario, with the K1-1 portion of the Thierry property still to be quantified we are optimistic that more good news will come from this property."

About Cadillac

Cadillac's Thierry Mine project has a measured and indicated mineral resource of 8.2 million tonnes at a grade of 1.73% Cu, and an additional inferred mineral resource of 14.6 million tonnes at a grade of 1.70% Cu. In addition the resource includes Nickel, Silver, Gold, Platinum and Palladium. The Thierry Mine is located in Northwestern Ontario, is wholly owned by Cadillac, and was last in operation under UMEX in the early 1980s, leaving significant underground development in place.

Last: 0.20Range: 0.34-0.135Market Cap: 20.3 million

Oceanic Iron Ore Corp.: Assay Results Return 39.9% Fe Total Over 36 Metres and 39.4% Over 46 Metres

Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company")

is pleased to announce the fourth set of assay results from its 2011 resource verification program. The results of the new assays continue to correlate well to those reported historically.

The latest results from twinned holes in Castle Mountain and Zones 2 and 4 are set out below. The Company remains on track to release a resource estimate and preliminary economic assessment in respect of the Hopes Advance project area by October of this year.

Comparison of Drill-Hole results - Current to Historic
Corresponding Historic Drill Hole
2011 ResultsResults (1954 - 1957)
---------------------------------------- -----------------------------------
T.T.
FromToWidth% FeFromToWidth% Fe
DDH(m)(m)(m)totalDDH(m)(m)(m) Soluble
----------------------------------------
---------------------------------------- -----------------------------------
Zone 2
---------------------------------------- -----------------------------------
HA-11-01839.6076.0035.8539.9%E13610.6759.4447.1133.4%
---------------------------------------- ----------------------------

About the company

Oceanic is an exploration and development company focused on the development of the Ungava Bay iron properties. These properties comprise 3,000 claims over three project areas, namely Hopes Advance, Morgan Lake and Roberts Lake, which are located over 126,000 hectares along the northern extension of the Labrador Trough in the Nunavik Region of northern Quebec. The projects cover over 300 kilometres of iron formation and all the deposits are located within 20 - 50 km of tidewater. All three project areas have been explored extensively explored historically and have a combined non-43-101 compliant historical resource of 2.6 bn tonnes

Last: 0.33Range: 1.03-0.26Market Cap: 48.6 million

Blackdog Resources Ltd. Announces Year Over Year Q2 Revenue Increase of 161%

Blackdog Resources Ltd. ("Blackdog" or the "Company") (TSX VENTURE:DOG)

is pleased to provide an update on its Q2, 2011 for the period ending June 30, 2011.

Selected highlights of the Company's results are as follows:

--Revenue increased to $1,062,906 (2010 - $406,848). This represented ayear over year Q2 increase of 161%.

--Barrels of oil ("bbls") per day increased to 115 bbls (2010 - 63). Thisrepresented a year over year Q2 increase of 155%

.--Operating netbacks increased to $346,833 (2010 - $182,073). Thisrepresented a year over year Q2 increase of 90%.

--Funds flow from operations increased to $189,066 (2010 - $3,462). Thisrepresented a year over year Q2 increase of 5,361%.

--The Company recorded a quarterly profit of $22,069 which reversed a lossof ($118,695) during Q2, 2010.

About the company

Blackdog Resources Ltd. is a junior oil and gas Company focused on the development of light and medium oil with producing assets in South East Saskatchewan and Alberta. The Company has 24,574,318 common shares outstanding.

Last: 0.35Range; 0.48-0.23Market Cap; 8.6 million

Sunridge Gold Reports High Grade Assay Values From Adi Nefas, Asmara Project, Eritrea

Sunridge Gold Corp. (TSX VENTURE: SGC)(OTCQX: SGCNF)

reports assay results from the recent drill program at the Adi Nefas zinc-gold-copper deposit located 6 kilometres east of the large Emba Derho Deposit on the Company's Asmara Project, Eritrea. The drill program was designed to test for expansion of the deposit to the north and at depth as well as to collect geotechnical and metallurgical samples for the current prefeasibility study on the Asmara North Deposits which include Emba Derho, Adi Nefas and Gupo Gold.

Highlights:

--NG 101-D intersected 4.60 metres of 9.13% zinc, 4.93 g/t gold and 1.20%
copper
--AN GT 02 intersected 5.04 metres of 11.21% zinc, 4.07 g/t gold and
5.85% copper
--AN GT 04 intersected 15.99 metres of 10.36% zinc, 3.96 g/t gold and
1.97% copper
--AN GT 07 intersected 26.13 metres of 13.52% zinc, 1.88 g/t gold and
1.23% copper

ABOUT SUNRIDGE:

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea and exploration properties in Madagascar. Sunridge currently has approximately 117 million shares outstanding and approximately $16 million in cash. Sunridge trades on the TSX Venture Exchange under the symbol SGC.

Last: 0.71Range:1.58-0.47Market Cap: 83 million

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