Mercator Minerals Ltd. ("Mercator" or the "Company") today announced that it has arranged a non-brokered private placement with purchasers to purchase 11,428,572 units ("Units") at a purchase price of $1.75 per Unit (the "Issue Price") for aggregate gross proceeds of $20 million (the "Offering"). The sale of the Units under the Offering has been fully allocated to a limited number of accredited purchasers, and is subject to necessary regulatory approvals and the execution and delivery of customary documentation.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2011) - Woulfe Mining Corp. (TSX VENTURE:WOF)(OTCQX:WFEMF)(FRANKFURT:OZ4) ("Woulfe" or the "Company") is pleased to announce that it has negotiated the purchase of the 2% net smelter royalty retained on the Sangdong tungsten-molybedenum project in South Korea from the vendor, Se Woo Mining Co. Ltd., for CDN$3.5 million, of which $500,000 was paid on execution of the agreement and the balance of which is payable by December 19, 2011.

Maya Gold & Silver Inc. ("Maya" or the "Corporation) (TSX-V: MYA.V - News) has filed with the Canadian securities regulators, a NI43-101 Technical Report dated November 7, 2011 (the "Report") to support the pre-production work program at the Amizmiz Property. MONTREAL, QUEBEC--(Marketwire - Nov. 17, 2011) - Maya Gold & Silver Inc. ("Maya" or the "Corporation) (TSX VENTURE:MYA) has filed with the Canadian securities regulators, a NI43-101 Technical Report dated November 7, 2011 (the "Re...

Prophecy Platinum Corp. ("Prophecy Platinum" or the "Company") (TSX VENTURE:NKL)(OTCQX:PNIKF)(FRANKFURT:P94P) is pleased to announce the closing of the non-brokered private placement previously announced on November 1, 2011 and increased on November 3, 2011. The Company has issued 3,709,489 common shares for total gross proceeds of $10,015,620.30.

Stornoway Diamond Corporation CA:SWY -10.00% is pleased to announce the results of the Feasibility Study ("FS") for the Renard Diamond Project located in North Central Quebec.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Pancontinental Uranium Corporation (TSX VENTURE:PUC) ("Pancon") and its Joint Venture partner, Crossland Uranium Mines Limited (ASX:CUX) ("Crossland"), the operator, are pleased t...

Twin Glacier Resources Ltd. (CNSX:TEL) ("Twin" or the "Company") announces that, at the Company's Annual General and Special Meeting held on November 15, 2011 its shareholders voted in favour of approving the amalgamation (the "Amalgamation") of the Company with Dolly Varden Silver Ltd. ("Dolly") pursuant to an amalgamation agreement dated October 19, 2011 (the "Amalgamation Agreement").

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) is pleased to announce that the company has signed an option to acquire a 100% interest in a Platinum-Group Element (PGE) property north of Thunder Bay, Ontario. Previous exploration has located 14 mineral occurrences on the property with analytical results up to 2.2 grams per tonne of total precious metals ("TPM") or platinum + palladium + gold. A diamond drilling program is planned to test five conductors defined by a 2010 airborne VTEM® survey.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) ("Gold Canyon" or "the Company") is pleased to announce that hole SP11-091 has intersected 310 meters at 1.87 grams...

VANCOUVER, BC--(Marketwire - Nov 16, 2011) - Avanti Mining Inc. (TSX-V: AVT) (PINKSHEETS: AVMNF) ("Avanti" or the "Company") is pleased to announce that it has received assays from the next 12 holes of its 2011 drill program at the Kitsault Mine mol...

THUNDER BAY, ONTARIO--(Marketwire - Nov. 16, 2011) - Rare Earth Metals Inc. ("Rare Earth Metals", "RA" or the "Company") (TSX VENTURE:RA)(PINK SHEETS: RAREF)(OTCQX: RAREF) is pleased to report results from the final ten drill holes completed on the Two Tom Mineralized Zone at the Red Wine property, located approximately 110 kilometers northeast of Churchill Falls in west central Labrador. A total of 23 holes have now been drilled on the Two Tom REE/Beryllium/Niobium Zone. This total includes ten holes completed in 2010 and thirteen holes completed between June and September, 2011. All holes intersected the tabular zone. Of particular note is hole TT-15b which intersected 1.68% TREO, 0.21% Nb2O5 and 0.19% BeO over 175.5 meters including a higher grade intersection of 2.15% TREO, 0.27% Nb2O5 and 0.24% BeO over 120.0 meters.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 16, 2011) - Bralorne Gold Mines Ltd. ("Bralorne") begins trading today on the OTC Markets highest tier, OTCQX International (TSX VENTURE:BPM)(OTCQX:BPMSF)(PINK SHEETS:BPMSF)(BERLIN:GV7)(FRANK...