Alder Resources Ltd. ("Alder" or the "Company") (TSX VENTURE:ALR) is pleased to announce that it intends to complete a non-brokered private placement financing of up to 30,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $3,000,000 (the "Offering").

IMPACT Silver Corp. announced Wednesday that construction of the new Capire Open Pit Silver Mine has now commenced. Capire represents a new production center in a new mining district and an opportunity that would propel IMPACT to become a multimillion ounce silver producer. Capire is located in the Mamatla Mineral District, 16 kilometers southwest of IMPACT's active mining and processing operations at the Royal Mines of Zacualpan Silver District, Mexico.

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) is pleased to announce that it has received RMB 269 million cash dividend payment (equivalent to USD $43 million) from its 77.5% owned Chinese subsidiary, Henan Found Mining Co. Ltd. ("Henan Found"), in Henan Province, China. The cash dividend has been deposited at a bank in Canada.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2012) - Mercator Minerals Ltd. (TSX:ML) - Mercator Minerals Ltd. ("Mercator" or the "Company") is pleased to announce that its registration statement on Form 40-F, filed on November 8, 20...

Allana Potash Corp. (TSX:AAA) ("Allana" or "the Company"), is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including National Bank Financial Inc., Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., and Fraser Mackenzie Limited (the "Underwriters"), to purchase 25,000,000 common shares of the Company (the "Common Shares") at a price of $0.80 per Common Share for gross proceeds of $20,000,000 on a bought deal basis (the "Offering").

Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to provide a review of the results and achievements for 2011 and its capital expenditure and exploration work programs and outlook for 2012 for which it has allocated a total budget of approximately $152 Million. The Corporation is pleased with the achievements it made in 2011 on its two wholly owned assets: 1) Riacho dos Machados Gold Mining Project (the "RDM Mine" or "Project") in Brazil which is now in the mine construction phase and; 2) the Rovina Valley Project in Romania which is currently undergoing a Pre-feasibility Study.

Diamond Frank Exploration Inc. ("Diamond Frank") (TSX VENTURE:DOD) announces that it has received confirmation from the Quebec Department of Natural Resources and Wildlife that it holds 102 additional claims to the north and west of its Commandant property. The property "Commandant Extension" covers 5,920 hectares, bringing the total area controlled at 100 % by Diamond Frank Exploration Inc. in this region to more than 9,637 hectares.

Olympus Pacific Minerals Inc. (TSX:OYM)(OTCQX:OLYMF)(FRANKFURT:OP6)(ASX:OYM) Chief Executive Officer, John Seton, is pleased to announce production results from its Phuoc Son and Bong Mieu Gold Plants for the period ended December 31, 2011 set out below. The Company's 2011 annual production forecast of 40,000 ounces has been exceeded despite the commissioning of the Phuoc Son Gold Plant having been delayed several months resulting from record-breaking monsoon rain.

Mahdia Gold is very pleased to announce that the company has formally received a notice from the Guyana Geology and Mines Commission approving Mahdia Gold's application for a Prospecting Licence for gold and precious metals in the OMAI mine.

Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") announces that it has received assay results for ten of nineteen diamond drill holes (2,158m) completed at the Tel Zone in December 2011.

Aurion Resources Ltd. ("Aurion") (TSX VENTURE:AU) is pleased to announce the signing of a Letter of Intent ("LOI") with Golden Minerals Company ("GM") whereby Aurion will have the right to earn a 100% interest in the El Teyra and Rubi-Esmeralda gold projects in Mexico as further described below. The acquisition is subject to exchange approval.

Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) today filed an amended lawsuit in the Supreme Court of the State of New York, County of New York, adding EOS Holdings LLC., Jon Carnes, Zane Heilig, Andrew Wong and International Financial Research & Analysis Group ("IFRA"), as defendants. VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 9, 2012) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) today filed an amended lawsuit in the Supreme Court of the State of New York, County of New York, adding ...