China’s coming for your copper project

ALBUQUERQUE, NM--(Marketwire - Sep 26, 2011) - Lone Star Gold, Inc. (OTCBB: LSTG) ("Lone Star" or "the Company") is pleased to announce the Company signed a letter of intent (LOI) on September 23, 2011, committing to the acquisition of an option to purchase a 70% interest in a gold-silver project consisting of 2 properties in Mexico: San Luis and La Colorada. The ~1409-acre (570-hectare) project is located in the municipality of Ocampo, 192 miles (310 km) from the capital city of Chihuahua, in southwest Chihuahua State. Access to the project is by paved roads with the exception of the final 19 miles (31 km).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2011) - Empire Mining Corporation (TSX VENTURE:EPC) ("Empire") is pleased to report that an ongoing sampling program at the newly-identified Southwest Zone of the Demirtepe wollastonite-hosted copper-gold-silver and molybdenum project in Turkey, has identified a continuous copper-gold anomalous zone currently about 1.8 km long and up to 800 metres wide and still open to the southwest. The new Southwest Zone is located approx. 1 km to the southwest of the Main Zone.

TORONTO, ONTARIO--(Marketwire - Sept. 26, 2011) - Romios Gold Resources Inc. (TSX VENTURE:RG)(OTCBB:RMIOF)(FRANKFURT:D4R) ("Romios" or the "Company") is pleased to announce assay results from the initial portion of the 2011 drill program on the Trek Property in northwestern British Columbia. The property is located 12.0 km southeast of the Galore Creek copper-gold-silver porphyry deposit and adjacent to the Galore Creek Mining Corporation's proposed mill and tailings facilities.

After a three-week hunt Canada's Silvercorp Metals on Friday found the alleged short-sellers behind an effort to drive down the company’s stock price. The company is suing two New York-based websites – Chinastockwatch.com and Alfredlittle.com – for spreading false information. While Silvercorp was trading down 1.4% in early afternoon trade losses among silver heavyweights were much deeper with bellwether Silver Wheaton skidding 11% as the precious metal plummeted 17.7% to barely above $30/oz. Silvercorp is up 0.6% over the last two trading days against the S&P TSX index which has bled 7%. It was the worst trading day for silver in decades.

December gold suffered another day of steep losses, dropping $82 an ounce, or 4.7%, to $1,659.50 in New York in noon trade on Friday, as investors were forced to raise cash to cover losses suffered on global stock markets this week. Copper extended its sharp declines on the London Metal Exchange falling as much as 7.3% to $7,115.75 a metric ton. Prices declined for a sixth day in a row losing 14% this week and have now slumped 26% from the record high of $10,190 set in February. Silver was hardest hit on Friday, plummeting 11.2% to $32.48. One metals analyst summed up the day this way: “We’re in a downward spiral, and no one knows when it’s going to end."

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 23, 2011) - Silvercorp Metals Inc. (TSX:SVM)(NYSE:SVM) a Canadian based mining company, ("Silvercorp" or the "Company") on September 22, 2011 filed a lawsuit in New York County Supreme Court charging defendants Chinastockwatch.com, Jerry Katz, Alfredlittle.com, Alfred Little, Simon Moore, and several "John Doe" defendants with spreading "false, defamatory and fraudulent" information about Silvercorp on the Internet and in letters to the media and regulators. Silvercorp charged that the defendants did so to drive down the price of Silvercorp's stock in order to make their short positions in the stock more profitable.

Canadian Press reported Thursday on the merger of US Gold Corp. (TSX:UXG) and Minera Andes Inc. (TSX:MAI) to form a new corporate entity called McEwen Mining.

Gold failed to capitalize on the stock market rout and December futures tumbled 4% or $74/oz to $1,734/oz by early Thursday afternoon as the Fed warned of "significant downside risks" and pessimistic economic data from China further damaged sentiment. Silver was hardest hit and platinum and palladium prices came under pressure as well. December silver slid -9.8% or almost $4 to $36.50 an ounce while October platinum lost -4.9% or $87 and palladium for December delivery traded down -8.1% to $655. One trader summed up the day this way: “The textbook ideas, the things we follow, the things we believe to be so are being shot to pieces for the moment and it’s very difficult to trade other than for a long-term view.”

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 22, 2011) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) announced it has acquired a total of 4,468,012 of its common shares at a total cost of $34,949,140 (average price of CDN$7.82 pursuant to its normal course issuer bid ("NCIB") announced on June 17, 2011. Under the existing NCIB the Company intends to acquire up to 10 million common shares. All common shares purchased under the NCIB will be cancelled.