Deep drilling returns stunning high-grade intersections at the Cock-Eyed Bob deposit within the Randalls Gold Project near Kalgoorlie

• Results grade up to 51gpt and extend to +350m deep -170m below the deposit’s existing Mineral Resources estimate
• Cock-Eyed Bob emerging as one of three potential underground mines at Randalls
• Initial drilling at the Walkaway prospect ~500m north of Cock-Eyed Bob hits high-grade gold mineralisation
• Resource upgrade including expanding Randalls deposits and new Majestic discovery planned for later this year

Emerging gold producer Integra Mining Limited (ASX: IGR) is pleased to report that deep drilling at the Cock-Eyed Bob gold deposit has returned a series of spectacular high-grade results, highlighting its potential to become a source of underground production for the Randalls Gold Project, located 60km south-east of Kalgoorlie in Western Australia.

• India and China will continue to provide the main thrust of overall growth in demand, particularly for gold jewellery, for the remainder of 2010.
• Retail investment will continue to be a substantial source of gold demand in Europe.
• Over the longer-term, demand for gold in China is expected to grow considerably. A report recently published by The People’s Bank of China and five other organisations to foster the development of the domestic gold market will add impetus to the growth in gold ownership among Chinese consumers.
• Electronics demand is likely to return to higher historic levels after the sector exhibited further signs of recovery, especially in the US and Japan.

The objective of the Program is to attract, motivate, reward, and retain key employees of Polymetal as well as to align their interests with the interests of its shareholders by linking long-term remuneration to the Company’s share price performance.

Stratex International Plc, the AIM-quoted exploration and development company is pleased to announce an update on progress at the Company‟s Inlice and Altıntepe gold projects in Turkey.

Highlights

• Fast-tracking the Inlice project towards production by Q4 2011 and the Altıntepe project through scoping and feasibility, with production targeted for Q4 2012 - current combined oxide gold resource of approximately 570,000 ounces
• Scoping study continues at Altıntepe – infill drilling completed at the Kayatepe Zone and drilling now underway on the Extension Ridge Zone
• Best drill intersections at Kayatepe include:
  • KT-DD-15 38.00 metres oxide + sulphide grading 4.01 g/t Au
  • KT-DD-16 34.00 metres oxide + sulphide grading 6.23 g/t Au
  • KT-DD-19 14.00 metres oxide + sulphide grading 1.81 g/t Au
• And at Extension Ridge
  • ER-DD-1 22.50 metres oxide grading 6.17 g/t Au
  • ER-DD-2 20.80 metres oxide + sulphide grading 3.06 g/t Au
• Feasibility study continuing on Inlice with twbulk samples of talus material shipped tUSA for metallurgical test work by Kappes, Cassiday & Associates („KCA‟). Feasibility due tbe completed in Q4 2010
• Geotechnical evaluation of clays underway for use in construction of heap leach pads

• 83.5 metres grading 0.94 grams gold / tonne (“g/t Au”) including 40 metres grading 1.37 g/t Au and 10 metres grading 3.11 g/t Au
• 48 metres grading 1.17 g/t Au including 26 metres grading 1.98 g/t Au

Channel Resources Ltd. reported on partial drilling results from a Phase I Reverse Circulation (“RC”) drilling program on the Tanlouka Gold Project in Burkina Faso, West Africa.  This is the first drilling program to be conducted on the project apart from a historical, shallow RAB program and results indicate that a significant gold discovery has been made.

Forum Uranium Corp. (FDC: TSX-V) announce an update from exploration programs on its projects in Nunavut and Saskatchewan. 

First Uranium Corporation (TSX:FIU, JSE:FUM) (ISIN:CA33744R1029) (“First Uranium” or “the Company”) announced that it has temporarily closed its Ezulwini Uranium plant to replace two columns in the Ion Exchange section, following a structural failure on a loading column. 

Discovery Metals (ASX:DML, BSE:DML, AIM:DME) announces the results for the completed studies on the technical and economic feasibility of the Company’s 100% owned Boseto Copper Project.

Although the production mix of low- and high-sulphur products will be impacted while the unit is undergoing repairs, oil sands production continues to be more than 300,000 barrels per day.

Uranium One Inc. announced that the purchase from JSC Atomredmetzolo (“ARMZ”) of ARMZ’s interests in the Akbastau and Zarechnoye uranium mines was approved at a meeting of Uranium One shareholders held in Vancouver, British Columbia.