July 8th

Cobra Venture Corporation: Operational Update

Cobra Venture Corporation (\"Cobra\" or the \"Corporation\") (TSX VENTURE:CBV) is pleased to provide a progress update in respect for the first half of 2008 regarding a number of Cobra\'s oil and natural gas properties. Cobra is planning an active capital expenditure program over the balance of the year.

Viewfield, Saskatchewan

Monthly revenues from production continue from 8 producing wells on Cobra lands in the area. Cobra has negotiated several 2 year leases with companies actively exploring in the area, where the gross overriding royalty ranges from 16% to 18% on all current and future production from the lands. Currently, Cobra has a 2 well commitment and 2 additional development wells planned on existing production lands.
Read more: Cobra Venture Corporation ( CBV )
July 8th

Marifil Mines Reports New Drill Information from K-2 Potash Project

Marifil Mines Reports New Drill Information from K-2 Potash Project

To Receive NI 43-101 Report for Newly Acquired Potash Property

Marifil Mines Ltd. (TSX - VX: MFM, OTCBB_Pink_Sheets: MFMLF), is pleased to announced today that further to the news release of June 26, 2008, detailed review of the drill hole data confirms economic amounts of potash are present in both drill hole Conin X1 and in drill hole Pillantoqui X1 on the K-2 project. The K-2 project is located in the Company\'s newly acquired, 100 percent owned 100,000 hectare potash property in the Neuquen Basin, Argentina.

Hole Conin X1 (figure 1) contains 5.8 meters grading 15.22% potash (K2O), including 2.0 meters at 20% K2O, and an additional intersect of 5.4 meters of 11.5% K2O. Highlights from hole Pillantoqui X1 (figure 2) include 10 meters of 11.7% K2O and 1.6 meters of 14% K2O.
Read more: Marifil Mines Ltd ( MFM )
July 8th

Finavera Renewables Enters Into Discussions for the Financing of 300 Megawatts of Wind Projects in British Columbia, Canada

Finavera Renewables Inc. (\"Finavera Renewables\" or the \"Company\") (TSX VENTURE:FVR) is pleased to announce that it has entered into discussions with a potential corporate investor, and has received a non-binding indicative financing proposal from such investor, in connection with four wind projects currently being developed by Finavera Renewables in the Peace Region of British Columbia, Canada. The proposal contemplates the investor would invest 100% of the equity requirements for each of the four projects awarded an electricity purchase agreement by BC Hydro pursuant to the BC Hydro Clean Power Call.
Read more: Finavera Renewables Inc ( FVR )
July 8th

Yankee Hat Announces Drill Results From Its Lobo Del Norte Copper Project, Yukon; Including 1.62% Cu Over 41.77 Meters (137 Ft)

Yankee Hat Minerals Ltd. (\"Yankee Hat\" or the \"Company\") (TSX VENTURE: KHT) is pleased to announce assay results from the first four holes at its wholly owned Lobo Del Norte Copper Project located in southern Yukon. The results include wide and high-grade intersections of copper, with:

- 1.62% copper and 0.04% molybdenum over 41.77 meters (137.04 ft) in hole CP-144-2008
- 1.12% Cu and 0.05% Mo over 20.12 meters (66.01 ft) in hole CP-143-2008
- 2.31% Cu and 0.07% Mo over 8.66 meters (28.41 ft) in hole CP-142-2008
- 3.85% Cu and 0.10% Mo over 7.87 meters (25.82 ft) and a separate zone of 8.37% Cu over 1.34 meters (4.40 ft) in hole CP-140-2008.
Read more: Yankee Hat Minerals Ltd ( KHT )
July 8th

Kinbauri Gold Corp.: Drilling at El Valle Intersects 19.5m of 13g Au/t, 124g Ag/t and 5.6% Cu Including 8.8m of 25g Au/t, 208g Ag/t and 10.7% Cu

Kinbauri Gold Corp. (\"Kinbauri\") (TSX VENTURE: KNB)(FRANKFURT: 3KG.DE) is pleased to announce further results from its on-going 23,000m underground in-fill drill program at El Valle (over 85% complete). Highlight of assay results from Black Skarn North (\"BSN\") and Area 107 (\"107\") include:

- 19.5m grading 13.0g Au/t, 123.7g Ag/t and 5.63% Cu in DDH 08KV1128, including 8.8m grading 25.3g Au/t, 208.4 Ag/t and 10.69% Cu.

- 2.6m grading 116.1g Au/t, 4.5g Ag/t and 0.26% Cu, and 1.5m grading 15.6g Au/t and 0.3g Ag/t in DDH 08KV1126.
Read more: Kinbauri Gold Corp ( KNB )