Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") is pleased to announce that it has signed a definitive Association Agreement with Fresnillo Plc (LSE:FRES) ("Fresnillo") to explore and develop as one large project their respective mineral concessions in the Coneto gold-silver mining district in northern Durango State, Mexico.

Preparatory work has been completed at the Kibali gold project in the Democratic Republic of Congo, where first gold production is scheduled for the end of 2013.

llana Potash Corp (TSX:AAA) is pleased to announce that it has closed its previously announced public offering of common shares of the Company. Pursuant to the terms of the Offering, the Company has issued 25,000,000 Common Shares at a price of $0.80 per share, for aggregate gross proceeds of $20,000,000.

Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou") announces the receipt of assay results from the 2011 diamond drilling program on the Merrill Patents located in Northwestern Ontario. Seven drill holes totaling 743 m were drilled on the property, which is situated approximately 10 km northeast of the Company's Gaffney Extension Project and 16 km southwest of the Company's Kenwest project. SUDBURY, ONTARIO--(Marketwire - Feb. 2, 2012) - Manitou Gold Inc. (TSX VENTURE:MTU) ("Manitou") announces the receipt of assay results from the 2011 diamond drilling program on the Merrill Patents located in Northwestern Ontario. Seven dri...

Richmont Mines Inc. (TSX:RIC)(NYSE Amex:RIC), ("Richmont" or the "Corporation") is pleased to announce that following Mr. Bob Buchan's appointment to its Board of Directors (press release of January 11, 2012 - "Gold Industry veteran Bob Buchan joins the Board of Directors of Richmont Mines as Vice-Chairman"), the previously announced CAN$10 million private placement with Mr. Buchan and two members of his immediate family (collectively, the "Investors") in the form of convertible debentures was completed today.

NovaGold Resources Inc. (NYSE Amex:NG)(TSX:NG) ("NovaGold" or the "Company") today announced that it has entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets and J.P. Morgan Securities LLC under which they have agreed to purchase from NovaGold and sell to the public 26,400,000 Common Shares at a price of US$9.50 per Common Share.

Elgin Mining Inc. (TSX VENTURE:ELG) ("Elgin Mining") and Gold-Ore Resources Ltd. (TSX:GOZ) ("Gold-Ore") are pleased to announce the execution of an arrangement agreement to complete a business combination (the "Transaction"), whereby Elgin Mining will acquire all of the issued shares of Gold-Ore by way of a plan of arrangement.

Goldrush Resources Ltd. (TSX VENTURE:GOD)(OTCQX:GDRRF) ("Goldrush" or the "Company") is pleased to announce the results of a shallow Rotary Air Blast ("RAB") drilling program on the Company's Pompoi permit which is contiguous with and to the east of Roxgold Inc.'s ("Roxgold") Yaramoko permit.

Golden Touch" or the "Company") (TSX VENTURE:GOT)(FRANKFURT:0GT) is pleased to announce that a significant number of high priority drill targets have been identified by induced polarisation geophysical surveys at the Rubik Gold Project (PEL 1124). VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 1, 2012) - Golden Touch Resources Corp. ("Golden Touch" or the "Company") (TSX VENTURE:GOT)(FRANKFURT:0GT) is pleased to announce that a significant number of high priority drill targets have been i...

Rye Patch Gold Corp. (TSX VENTURE:RPM)(OTCQX:RPMGF) ("Rye Patch Gold" or the "Company") is pleased to announce assay results of its wholly owned subsidiary, Rye Patch Gold US Inc., from the 100% owned Gold Ridge Project located along the Oreana trend in Pershing County, Nevada. The Gold Ridge project is located approximately 1.6 kilometres west of Lincoln Hill and was acquired in 2007 by staking unpatented lode mining claims.

Brixton Metals Corporation (TSX VENTURE:BBB) (the "Company" or "Brixton") is pleased to announce that it has entered into an agreement to complete a brokered private placement financing (the "Private Placement"), on a "best efforts" agency basis, through a syndicate of agents led by Euro Pacific Canada Inc. and Fraser Mackenzie Limited (the "Agents"). VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 1, 2012) -

CENTURY IRON MINES CORP. (TSX:FER) ("Century Iron" or the "Company") is pleased to announce new assay results which tested a Direct Shipping Ore ("DSO") target as part of the 2011 fall exploration program at the Sunny Lake Project - Lac Le Fer property (100% owned by Century Iron), located in north-eastern Quebec, near the town of Schefferville, QC.