Gold Horse International, Inc. Announces Results for Fiscal Year 2011

Gold Horse International, Inc., (OTC Bulletin Board: GHII) ("Gold Horse" or the "Company"), a multifaceted business group that controls and through the Jin Ma Companies operates a construction company, real estate development business and a hotel/banquet facility in Inner Mongolia, China, today announced its financial results for the twelve months ended June 30, 2011.

Fiscal Year 2011 Highlights

• Net revenue increased 50.3% year-over-year to $76.5 million

• Gross margin was 17.9% compared to 20.0% in the prior year

• Gross profit increased 34.9% year-over-year to $13.7 million

• Operating income was $11.36 million compared to operating income of $7.98 million in the prior year

• Net income increased 17.6% year-over-year to $9.7 million from $8.3 million

• Adjusted net income excluding non-cash gains and expenses was $9.2 million, or $4.62 per fully diluted common share as compared to adjusted net income of $6.6 million, or $3.99 per fully diluted common share, a year ago

Financial Condition

As of June 30, 2011, Gold Horse had $0.2 million in cash and cash equivalents, short-term debt of $0.5 million and long-term debt of $4.6 million. Shareholders' equity was $50.4 million, up from $36.6 million as of June 30, 2010. Cash provided by financing activities for fiscal 2011 was $2.8 million.

About Gold Horse International, Inc.

Gold Horse International, Inc., through its wholly owned subsidiaries, Gold Horse International, Inc. (Nevada) and Global Rise International Ltd., controls and operates its variable interest entities Inner Mongolia Jin Ma Construction Co., Ltd., Inner Mongolia Jin Ma Hotel Co., Ltd., and Inner Mongolia Jin Ma Real Estate Development Co., Ltd., all based in Hohhot, the regional capital of Inner Mongolia Autonomous Region in China. Jin Ma Construction has been providing construction and general contractor services in Hohhot to both private developers and to the local and regional governments since 1980.

Last Trade: 0.42 52 Week: 0.37 – 5.00 Market Cap: 900.97k

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Forbes Coal Revenue Increases 80% to $35.2 Million in Second Quarter 2012 as a Result of Record Export Sales

Forbes & Manhattan Coal Corp. (TSX:FMC)(JSE:FMC)

is pleased to announce its second quarter 2012 financial results for the three months ended August 31, 2011 (References to Q1 2012 or the first quarter 2012 mean the three months ended May 31, 2011. References to Q2 2012 or the second quarter 2012 mean the three months ended August 31, 2011.)

About Forbes Coal

Forbes Coal is a growing coal producer in southern Africa. It holds a majority interest in two operating mines through its 76.75% interest in Slater Coal (Pty) Ltd., a South African company ("Slater Coal") which has a 70% interest in Zinoju Coal (Pty) Ltd. ("Zinoju"). Zinoju holds a 100% interest in the Magdalena bituminous mine and the Aviemore anthracite mine in South Africa (collectively, "the Slater Properties"). The mines have a resource of 51.7 million tonnes of bituminous and 50.8 million tonnes of anthracite coal and each mine has a projected life span in excess of 20 years. Forbes Coal is in the process of increasing production at both mines and looks to triple production from 2010 levels in the next three years using existing infrastructure and capacity. The Company has in-place transportation infrastructure allowing its coal to reach both export corridors and the growing domestic coal market. Forbes Coal has a strong balance sheet and an experienced coal-focused management team.

Last: 2.00Range: 5.10-1.94Market Cap: 69.7 million

Excellon Announces Initial Drill Results From Its Desantis Project, Ontario,

Including 3.63 Grams Per Tonne Gold Over 23.17 Metres in Hole DS11-010A

Excellon Resources Inc. (TSX:EXN)

is pleased to announce initial drill results from its DeSantis Project, located near Timmins, Ontario. Results from the first 10 holes of the current drill campaign include an intersection of 3.63 grams per tonne (gpt) gold over 23.17 metres (m) including 14.25 gpt over 1.17 m returned from drill hole DS11-010A, which targeted the Hydrothermal Alteration Zone ("HTAZ").

About Excellon

Excellon, a mineral resource company operating in Durango and Zacatecas States, Mexico, and Ontario and Quebec, Canada, is committed to building value through production, expansion and discovery. Excellon is producing silver, lead and zinc from the high-grade manto Mineral Resource on its large, 100% owned Platosa Property, strategically located in the middle of the Mexican silver belt. Excellon's focus is on expanding its operating capacity and increasing its Mineral Resources at Platosa where an exploration program focused on diamond drilling and advanced geophysical techniques is ongoing.

Last: 0.62Range: 1.39-0.54Market Cap: 171.9 million

Drill Program Extends El Domo Deposit; Salazar Cuts 8.18 Meters of 3.3 g/t Gold, 100.5 g/t Silver & 9.95% Zinc

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG)

reports new high grade intersections from the ongoing diamond drill program on its 100% owned (30,327 ha), precious metals rich Curipamba volcanogenic massive sulphide project in Ecuador. Step out hole CURI-122 cut significant mineralization associated with massive sulphide horizons:

Hole CURI-122 intersected 8.18 meters of 3.3 g/t gold, 100.05 g/t silver, 0.68% copper, 0.87% lead and 9.95% zinc, including 2.8 meters of 9.28 g/t gold, 244.07 g/t silver, 1.09% copper, 2.34% lead and 19.33% zinc (Table 1; Figure 1). This hole was drilled as a step out to the west of CURI-08-046 which intersected 16.33 meters grading 3.59 g/t gold, 114.2 g/t silver and 3.42% copper (News Release of April 7, 2008).

About Salazar Resources: Salazar Resources Ltd. is a publicly-listed (TSX VENTURE:SRL)(FRANKFURT:CCG) mineral resource company engaged in the exploration and development of new highly prospective areas in Ecuador. Led by a senior Ecuadorian management team and most notably by its namesake Fredy Salazar, this team has been instrumental in other major discoveries throughout Ecuador. Being based in Ecuador", thus having thorough knowledge of local human and environmental issues, gives the company a strategic advantage, enabling it to complete exploration at a rapid pace.

Last: 0.50Range: 1.60-0.43Market Cap: 19.9 million

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Advanced Explorations Inc. Intersects 196 Metres of 31.32% Iron at Tuktu Project

Advanced Explorations Inc.(TSX VENTURE:AXI)(FRANKFURT:AE6)

today announces final drill results from its Tuktu Iron Ore Project located in Nunavut, Canada. Results show that drill-hole 11TT018 contained an interval of 196 m of 31.32% iron. This hole further demonstrates the quality of banded iron formation ("BIF") at the Tuktu 1 deposit.

Drill-hole 11TT019 was collared in the granite with the purpose of locating the banded iron formation contact at depth while confirming the dip angle of the hanging wall for the resource block-model which is expected to be released within Q4 of this year A plan map showing drill-hole locations and a complete table of all released drill results can be found on the company website at www.advanced-exploration.com.

ABOUT Advanced Explorations Inc.

Advanced Explorations Inc., based in Toronto, Ontario, is a resource development company focused on its Roche Bay Iron Ore Project in Nunavut, one of the world's largest developing iron ore districts. The Roche Bay Project is located proximal to a natural deep water harbour on the east coast of the Melville Peninsula in Nunavut, Canada giving it many logistical advantages. The project has an indicated resource of 323 million tonnes, outlined within a small portion of the potential 140 km of banded iron formation. This iron formation incorporates the Roche Bay deposits, the Company's Tuktu deposits and other targeted deposits in areas to the north, south and west of the Company's Roche Bay Project.

Last: 0.39Range: 1.03-0.26Market Cap: 59.2 million

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