Cline New Elk Coal Mine Update

Cline Mining Corporation (TSX: CMK.TO - News) ("Cline" or the "Company") presents the following update on its development, operation, production and ongoing plans regarding its New Elk Coal Mine in Las Animas County, southern Colorado.

New Elk continues to implement its first phase mine plan referenced in the Company's May 27, 2011 Technical Report (as defined below) and is now bringing its New Elk metallurgical coal mine into full commercial production of high quality metallurgical coke making coal at a rate of 3.0 million tons of saleable coal annually during its initial 20 year mine project plan period.  This production rate is expected to be attained during the first half of 2012.  Saleable coal production during calendar year 2012 is now projected at 2.5 million tons with production in the years 2013 and thereafter at the rate of 3.0 million tons annually. The projection is of course subject to any unforeseen, unexpected and unanticipated delays or events, including the receipt of normal ongoing regulatory permits and approvals, that could affect production or alter time lines.

Canada's Grande Cache agrees to C$1 bln buyout

* All-cash deal for Grande Cache worth about C$1 billion
* Winsway, Marubeni to pay C$10 per Grande Cache share
* Grande Cache shares surge 66 pct on the TSX
* Deal is part of M&A wave fueled by Chinese demand

By Euan Rocha

TORONTO, Oct 31 (Reuters) - Canada's Grande Cache Coal has agreed to be acquired by Winsway Coking Coal and Marubeni Corp in a C$1 billion ($1 billion) deal fueled by demand from Chinese steelmakers.

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Cline Mining Sells Its Lossan Met-coal Deposit To Xstrata Coal For Cdn$40 Million

Cline Mining Corporation ("Cline Mining" or the "Company") (TSX:CMK) is pleased to announce that Xstrata Coal has agreed to acquire 100% of the Company's metallurgical coal deposit within Cline Mining's Lossan property ("Lossan") for CDN$40 million, subject to customary conditions. Closing is expected to occur on or about October 12, 2011.

Lossan is located in the Peace River Coalfield of north eastern British Columbia, Canada and has an NI 43-101 compliant resource of 240 million tonnes. Lossan covers an area of approximately 3,800 hectares.

Lucky Strike Resources Ltd.: CN Coal Project 272 Mt Measured Plus Indicated and 232 Mt Inferred NI 43-101 Resources

Lucky Strike Resources Ltd. ("Lucky Strike" or the "Company") (TSX VENTURE: LKY)(OTCQX: LKYSF) is pleased to report initial coal resources in the measured, indicated and inferred resource categories for the CN Coal Project in the Tuv Aimag province of Mongolia.

Initial coal quantities at the CN Coal Project includes:
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Me
asured Resources                 158.1 million tonnes
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Indicated Resources                113.9 million tonnes
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Inferred Resources                 232.0 million tonnes
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