July 7th

Global Finishing, Inc. Signs a Definitive Share Purchase Agreement to Acquire all Outstanding Shares of COMPANIA MINERA MONTE-VERDE S.A. COMIMONTSA

Global Finishing, Inc. (FRANKFURT:G8BA) is pleased to report the signing of a definitive share purchase agreement to Acquire all outstanding shares of COMPANIA MINERA MONTE- VERDE S.A. COMIMONTSA in exchange for 6,000,000 restricted common shares of Global Finishing, Inc.

COMPANIA MINERA MONTE- VERDE S.A. COMIMONTSA owns 100% interest in the Maria Olivia Concession within the prospective gold and silver bearing vein systems in the Occidental Andean Cordillera primarily the Gen and Cristina veins.

A recent 43-101 report states that it is probable that a resource of greater than 1.96 million tons, with a somewhat lower grade in the order of 10 g/T (due to dilution by secondary veins and disseminations) could produce 19.6 million g (612,500 oz) Au estimated at over $500 hundred million. No estimate of the economic value derived from silver or sulphide concentrate has been made, but it would add a significant amount to the value of this resource.
Read more: Global Finishing Inc ( G8BA )
Oro Silver Resources Ltd. (“Oro Silver”) (TSX-V: OSR) has commenced a 5,000-metre surface diamond drilling program at the company’s flagship Vetagrande property, located 7 kilometres north of the city of Zacatecas, Zacatecas State, Mexico.

The drilling program will test targets identified by surface & underground sampling and geological mapping completed by Oro Silver in 2008.

Oro Silver’s drill program has three main objectives:
1. Test the depth and lateral extensions of the main “Vetagrande” vein structure over a 1 kilometre strike extent and to a vertical depth of +300 metres;
Read more: Oro Silver Resources Ltd ( OSR )
July 7th

Sacre-Coeur Minerals Adds Seven New Target Zones at Million Mountain -- Drilling Underway on the New Targets

SACRE-COEUR MINERALS, LTD. (TSX-V: SCM) (FRANKFURT: S5N) (the \"Company\") is pleased to report that field work conducted along the Million Mountain Trend within its Lower Puruni Regional Block located in Central Guyana, South America has identified at least seven new highly prospective targets for gold mineralization in addition to Zone 1 on the Million Mountain Block. Drilling to date has been in and around the main pit at Zone 1. Each of these new zones is characterized by a silica-rich intrusive body intruded into brittle greenstones. In each of the new target zones, the contact and outwash zones from the topographic highs which represent the more resistant intrusive bodies, are strongly anomalous in gold, both in soil geochemical samples and in stream sediment samples.

This depositional model, which is analogous to that of the Million Mountain Zone 1, upon which an initial NI 43-101 compliant resource estimate is currently being prepared, has long been recognized as a likely trend extending for more than eight kilometres along the Company\'s Million Mountain block of properties.
Read more: Sacre-Coeur Minerals Ltd ( SCM )
July 7th

19.96 million pounds U3O8 NI 43-101 compliant inferred resource at surface in Quebec; Remains open along strike and at depth

Uracan Resources Ltd. (the \"Company\") is pleased to announce a National Instrument 43-101 compliant inferred resource calculation has been completed on the Double S zone, part of Uracan\'s 100% owned 1,000 Km(2) North Shore Uranium Property in Quebec.

This resource estimation, presented in Table 1 (see below) outlines the initial inferred resource contained in the Double S zone as defined by diamond drilling up to December 2007. 51 diamond drill holes totaling 13,555.7 meters were used to create the model used in the resource calculation.

Based on a cut off of 0.009% U3O8, 74,215,000 tonnes averaging 0.012% U3O8 containing approximately 9 million kilograms (19.97 million pounds) of U3O8 has been outlined. This resource falls into the inferred mineral resource category under NI 43-101 reporting requirements.
Read more: Uracan Resources Ltd ( URC )
July 7th

Kings Bay Gold Drill Results from 100 Metre Wide Mineralized Zone at Bobjo Mine Project, Red Lake, ON

King\'s Bay Gold Corporation (TSX.V: KBG) and Mainstream Minerals Corporation (TSX.V: MJO) are pleased to announce that they have received additional drill results from Hole # 23 at their joint-ventured Bobjo Mine Project, located in Earngey and Agnew Townships, Red Lake, Ontario. This project continues to be the site of new discoveries that have so far included high-grade gold, rare earth elements and other minerals and metals.

The partners are pleased to report that numerous significant zones of rare earth elements and other minerals and metals were intersected in this Hole # 23 between 162.0 to 262.5 metres.

Results from this 100 metre wide mineralized zone included:
Read more: King\'s Bay Gold Corporation ( KBG )