June 26th

Eastplats Planning to Produce Over 530,000 Oz of PGM Per Year Within Four Years: Additional New Order Mining Rights Granted at CRM

Mr. Ian Rozier, President and CEO of Eastern Platinum Limited (\"Eastplats\") (TSX:ELR)(AIM:ELR)(JSE:EPS), is pleased to provide the updated production growth profile and associated power requirements to produce over 530,000 ounces per year of PGM production by the end of 2012.

\"With the issues currently faced in the mining sector in South Africa, we are extremely pleased to see that our production growth profile remains on track to produce over 500,000 annual ounces within the next four years. We are acquiring heavy fuel oil generating capacity that will enable us to meet the initial power requirements independently. Based upon our recent experience at the Crocodile River Mine we are confident that the required mining permits for Spitskop and Mareesburg will be received from the South African authorities to meet this schedule,\" stated Ian Rozier, President & CEO. Read more: Eastern Platinum Limited ( ELR )

June 26th

Premier - Roxmark Kailey Zone drilling returns 1.47g/t Au across 162.0 metres

Roxmark Mines Limited (TSXV - RMK) today announced that drilling by Premier Gold Mines (TSX:PG) as operator has returned the best results to date in the recently discovered Kailey Zone at the Geraldton Project in Northwestern Ontario. Drilling in the central part of the Kailey Zone has returned gold intersections well in excess of 100 metres where the two broad parallel stringer horizons converge to the east.

The Kailey Zone is a bulk tonnage target proximal and parallel to the historic Little Long Lac Gold Mine from which more than 600,000 ounces of gold were produced during the period 1934-53 at an average grade of 11.66g/t Au. Highlights from ongoing drilling include 1.32g/t Au across 191.2 metres, 2.16g/t Au across 92.2 metres, 1.47g/t Au across 162.0 metres and 1.15g/t Au across 140.2 metres. Read more: Premier Gold Mines ( PG )

June 26th

Agnico-Eagle Mines Limited makes a strategic investment in Gold Eagle Mines Ltd.

Gold Eagle Mines Ltd. (TSX: GEA) (\"Gold Eagle\" or the \"Company\") is pleased to announce that Agnico-Eagle Mines Limited (\"Agnico-Eagle\") has made a strategic investment in Gold Eagle today through a non-brokered private placement of Units of Gold Eagle. In addition, Mr. Eberhard Scherkus P.Eng., the President and COO of Agnico-Eagle has been appointed a Director of Gold Eagle.

Agnico-Eagle Strategic Investment

Agnico-Eagle purchased a total of 5,524,862 Units at $9.05 per Unit for gross proceeds to Gold Eagle of approximately $50 Million. Each Unit consists of one common share and one half of a share purchase warrant of Gold Eagle. Each whole warrant entitles the holder to purchase one common share of Gold Eagle at $10.15 for a period of 36 months. As a result of this private placement Agnico-Eagle now owns 5.18% of Gold Eagle on an issued and outstanding basis and 7.16% on a fully diluted basis. Read more: Gold Eagle Mines Ltd ( GEA )

June 26th

BPZ Energy and Shell Sign Memorandum of Understanding

BPZ Resources, Inc. (AMEX: BZP) announced today that the Company has signed a Memorandum of Understanding (MOU) with Shell Exploration Company (West) B.V. (Shell). This non-binding MOU allows both parties to move forward with their negotiations on a possible Farm-out Agreement (Agreement) with the ultimate goal of jointly developing Blocks Z-1, XIX and XXIII in Northwest Peru into large-scale oil and gas ventures, including regional power generation, gas supply for local and regional industry, and LNG. The intent of forming a joint venture is to complement BPZ Energy’s assets, local knowledge and experience, stakeholder relationships, and vision with Shell’s technology, equipment, manpower and leadership, especially in gas marketing.

Both BPZ Energy and Shell recognize the need to accelerate the exploration of these three blocks and will work toward an Agreement that includes, but is not limited to, the following fundamental points: Read more: BPZ Resources Inc ( BZP )