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Archive for November, 2010

Today Rubicon announced the results of the Geoex Limited research of the Phoenix Gold Project. These results are no surprise to us, many investors seemed  to be surprised, since the stock gained 33,26% today! We bought Rubicon in July of this year at a price of CAD$3,49 at today’s closing of CAD$6,13 meaning a 75,6% gain. We are not selling Rubicon. We expect the company to ad value for it’s shareholders for years to come. Production at the Phoenix Gold Project will able the company to aggressively explore their other projects, and thereby adding even  more to their inferred resources.

Rubicon News Release:

- Total geological potential of F2 Gold System 13.3 to 16.1 million ounces grading 24.4 to 26.8 g/t -

TORONTO, Nov. 29 /CNW/ – Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) (“Rubicon”) is pleased to provide a NI 43-101 compliant inferred mineral resource estimate for the F2 Gold System, part of its 100%-owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold District of Ontario. The estimate is summarized below:

Inferred Resource (5 g/t cutoff & 10 gram x metre product minimum)	Tonnes	Grade (g/t)	Grade (oz/ton)	Contained ounces
Total Inferred Resource	6,200,000	20.1	0.59	4,007,000

The inferred mineral resource estimate was prepared by Geoex Limited. (“Geoex”) based on 166,886 metres of diamond drilling in 237 drill holes carried out between February 27, 2008 (the date of the initial discovery) and July 31, 2010. The estimate does not include approximately 41,702 metres of drilling completed since July 31, 2010. The inferred resource estimate was prepared using the polygonal calculation method (see below for details) which, in the opinion of Geoex, is the appropriate method and is typically used for this type of deposit. The cut-off used is considered to be an economically reasonable estimate of breakeven mining costs.

“We are very pleased with these initial results. They demonstrate that the F2 Gold System is already a significant sized gold deposit. Importantly, the gold grade of 20.1 g/t gold is high compared to most major gold deposits around the world and is consistent with the overall Red Lake camp average grade, which is Red Lake’s key advantage. Our objective now, through our ongoing delineation program is to upgrade part of this large inferred resource, move towards development and to continue to expand the gold system. Underground development on the project has already cross-cut mineralized zones at the 305 metre level and delineation drilling is underway. Photographs of the new zones are available on the Company website at www.rubiconminerals.com.” stated David Adamson, President and CEO.

Geological Potential

In addition to the above referenced inferred resource estimate, Geoex carried out an evaluation of geological potential based on an analysis of the distribution of current drilling (strike length of 898 meters as of July 31,2010) and opportunity for infill and expansion drilling to depth. The system remains open along strike and to depth beyond the current limit of drilling.

The geological potential is based on the projection and extrapolation of the inferred resource present between 0 to 500 metres below surface as this area is considered well drilled and contains an inferred resource of 3,400,000 tonnes containing 2,680,000 oz at 24.4 g/t or 0.71 oz/ton. In the area between 500 and 1500 metres below surface, drilling is wider spaced and thus large parts of the system in this area have not been adequately drill tested, however, in the opinion of Geoex, based on a review of project data, experience from elsewhere in Red Lake and general observations on lode gold deposits, the grade and tonnage profile of the area above 500 metres is likely to be replicated to depth with additional drilling. The results of this analysis are summarized in the table below:

Depth	Potential Tonnes	Potential Grade	Potential Ounces
Above 500m (well drilled)	3,400,000 to 3,700,000	24.4 to 26.8 g/t	2,680,000 to 3,190,000
500-1500 metres (wide spaced drilling)	6,800,000 to 7,500,000	24.4 to 26.8 g/t	5,330,000 to 6,460,000
1500-2500 metres (no drilling – open)	6,800,000 to 7,500,000	24.4 to 26.8 g/t	5,330,000 to 6,460,000
Total to 2500 metres (open at depth)	17,000,000 to 18,700,000	24.4 to 26.8 g/t	13,340,000 to 16,110,000

The potential tonnages, grades and ounces set forth in the analysis of geological potential are conceptual in nature, as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

“From the early days of the discovery, we have always recognized that we are exploring a very robust and large mineralizing system, which is why we have dedicated significant drilling efforts to the 9X target area. As suggested by Geoex, the current 4.01 million ounce inferred gold resource may be only a small part of the overall gold potential of the F2 Gold System. Large areas remain to be infill-drilled and the system is open in all directions. We should also point out, we own 40% of the exploration real estate in Red Lake giving us a unique opportunity to find the next F2 Gold Deposit,” stated David Adamson, President and CEO.

Geoex will prepare an NI 43-101 compliant technical report in respect of the inferred resource estimate and geological potential discussed in this release which Rubicon will file on SEDAR within 45 days of the date this release was disseminated, and plans to complete a Preliminary Economic Assessment in respect of the F2 Gold System by the end of Q1, 2011.

Resource Calculation Methodology

The construction of the polygonal and block models was a product of collaboration between Rubicon and Geoex. Rubicon personnel included Matt Wunder P.Geo, V.P. Exploration and Eric Hinton P.Eng., Project Manager. All data in the resource evaluation were reviewed by Geoex with Mr. Peter George of Geoex assuming responsibility for the resource and geological potential estimates upon which the statements reported herein are based.

Polygonal Resource calculation

Source assay data were audited by a third party consulting firm (IoGlobal) specializing in data management and QA/QC analysis and composite intervals were calculated utilizing a minimum three and also a five gram cut-off and minimum 10 gram times metre product for all F2 system data to July 31, 2010. No top cut was applied to the data because, in the opinion of Geoex there is insufficient geostatistical data to properly determine an accurate top cut value at this time.   The X, Y and Z centroid points were calculated and horizontal thickness for each composite interval was calculated utilizing a set of east-west cross sections (local mine grid). The composite intervals were classified by geological unit and centroid points for each composite interval were plotted on long sections for each geological domain utilizing AMine software. Individual zones were then interpreted in AMine.

The interpretation is largely based on a series of detailed cross sections confirming geological continuity vertically down dip and along strike (mine grid north-south).  Polygons were plotted on long sections for each sub zone with ellipse parameters for the inferred resource of 75 metre vertical radius and 37.5 metre horizontal radius. Polygons were clipped where overlapping, clipped where the claim boundary and 15 metres below where the lake bottom surface was contacted.  Polygon areas were calculated for each centroid point, horizontal thickness was applied to determine the volume, a specific gravity (“SG”) of 2.85 g/cm³ was applied, being derived from the average SG in preliminary metallurgical studies (see news release dated October 19, 2010). The volume of each polygon was calculated and assigned a gold grade. The sum of the polygons constitutes the inferred resource.

Block Model calculation

In addition to the polygonal resource calculation, as a means of validating the inferred resource estimate by an independent method, a block model was calculated utilizing Surpac software resulting in 5,830,000 tonnes, 3,210,000 ounces at 17.2 g/t or 0.50 opt. The block model results are within 6.7% of the tonnage, 17.1% of the contained ounces and 24.9% of the grade of the polygonal estimate (6,200,000 tonnes, 4,007,000 ounces at 20.1g/t gold or 0.59 opt). While Geoex does not consider the block model the most appropriate method for this type of deposit, the results are considered to provide strong supporting validation for the preferred polygonal estimate reported above. It should be noted that the block model results do not differ significantly regardless of whether a northeast (East Bay trend) or northwest (F2 trend) oriented search ellipse is used in the block model.

Data were audited prior to completion of the block model. For this inferred resource estimate, the data were treated as one domain. Assay data were composited at 1.0 metre intervals (no top cut was applied) and variogram analysis was completed. Two times the variogram range was utilized for oriented search ellipse parameters (list parameters) for the inferred resource calculation.  A block size of 2m (E-W) by 4m (N-S) by 12m (vertical) was selected through an optimization process. Data were constrained by the lake bottom surface, the claim boundary and a western boundary was included to exclude any unrelated drilling carried out prior to February 2008. A SG of 2.85 g/cm³ was utilized.

Rubicon is a well-funded exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Project in Red Lake, Ontario. Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp’s high-grade, world class Red Lake Mine.

RUBICON MINERALS CORPORATION
“David W. Adamson”
President & CEO

Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. The quantity and grade of reported inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these inferred resources as an indicated or measured mineral resource and it is uncertain if further exploration will result in upgrading them to an indicated or measured mineral resource category. The mineral resources in this press release were estimated using CIM Standards.

Qualified Persons

Rubicon has implemented a rigorous QA/QC program to ensure best practices in the sampling and analysis of drill core.  Assays were conducted on sawn NQ-sized half core sections. Delineation drilling intercepts represent true horizontal width. The saw blade is routinely cleaned between samples when visible gold is noted during logging and sampling of the drill core. Assays were conducted by SGS Minerals Services using standard fire assay on a 30 gram (1 assay ton) sample with a gravimetric finish procedure. Assays are uncut as is standard practice in Red Lake. Standards, blanks and check assays were included at regular intervals in each sample batch. Check assays on 5% of samples are carried out at a third party independent laboratory. Gold standards were prepared by CDN Resource Laboratories Ltd.  Exploration drill programs and all data forming the basis of the inferred resource estimate described in this release were supervised and verified by Terry Bursey, P.Geo,. Regional Manager for Rubicon and a Qualified Person as defined by NI 43-101.  All data required for the block calculation described in this release was prepared and verified by Eric Hinton, P.Eng, Project Manager of Rubicon and a Qualified Person as defined by NI 43-10.  The inferred resource estimate, including the polygonal resource calculation and the block model calculation, and the geological potential analysis were prepared by Peter George, P.Geo., President and consulting geologist of Geoex, an independent Qualified Person as defined by NI 43-101, and he verified all data received from Rubicon in connection with same.

Cautionary Note to U.S. Readers Regarding Estimates of Measured, Indicated and Inferred Resources

This press release uses the term “inferred resources.”  We advise U.S. investors that while this term is recognized and required by Canadian regulations, it is not recognized by the SEC. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility.  It cannot be assumed that all or any part of an “inferred mineral resource” will ever be upgraded to a higher category. Under Canadian rules, estimates of “inferred mineral resources” may not form the basis of a feasibility study or prefeasibility studies, except in rare cases.  The SEC normally only permits issuers to report mineralization that does not constitute “reserves” as in-place tonnage and grade without reference to unit measures.  The term “contained gold ounces” used in this press release is not permitted under the rules of the SEC. U.S. investors are cautioned not to assume that any part or all of a measured, indicated or inferred resource exists or is economically or legally mineable.

Forward Looking Statements
This news release contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and “forward looking information” within the meaning of applicable Canadian provincial securities legislation (collectively, “forward-looking statements”) . Forward-looking statements often, but not always, are identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “targeting” and “intend” and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking statements in this document include statements regarding estimates of mineral resources, estimates of gold grades and in-place ounces, the preparation and timing of a technical report in respect of the inferred resource estimate and the proposed Preliminary Economic Assessment and the timing and nature of future exploration programs.  Our exploration programs are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on the Phoenix project. Similarly, although geological features of the F2 Gold System are interpreted to show similarities to nearby gold producing mines owned by third parties, this should not be interpreted to mean that the F2Gold System has, or that it will generate similar reserves or resources. Significant additional drilling is required at F2 to fully understand system size before a meaningful resource calculation can be completed.

The forward-looking statements that are contained in this news release are based on various assumptions and estimates by Rubicon and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of Rubicon to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include; risks relating to fluctuations in the price of gold; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of Rubicon and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although Rubicon has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ. Forward-looking statements contained herein are made as of the date of this news release and Rubicon disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Source: Company website

Today we did our most speculative buy ever: Copper Creek Gold. (TSXV:CPV) we bought at CAD$ 0,075 investing just a very minor part of our capital, since this buy is very, very speculative. This company has used very modern methods in finding their targets. Electro-magnetic (EM) data was used to determine where to drill, the results from the last two drill holes look very promising. We expect that a new drill program will be scheduled for next year. The company claims are very close to the famous Eskay Creek Mine.

Yesterday this new addition to our portfolio announced the results of the last two drill holes of their Bonsai Project.  Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.

Copper Creek Gold Copr. News Release:

VANCOUVER, BRITISH COLUMBIA – November 22, 2010 – Copper Creek Gold Corp. (TSX VENTURE: CPV) reports it has received assay results for the remaining four drill holes, BZ10-008 thru BZ10-011 from the Bonsai property located in the Eskay area of British Columbia.
During the summer exploration season, the Company drilled 3,460.86 metres of NQ2 diameter diamond drill core in 11 drill holes on its Bonsai property, 6km southwest of Barrick Gold Corp.’s past producing Eskay Creek mine. Results from holes BZ10-001 thru BZ10-007 have been previously released. Results from the remaining drill holes BZ10-008 thru BZ10-011 are found as this link . Anomalous silver mineralisation was intersected within 3 of the 4 drill holes reported.

Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can
at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.
The Company will be consulting with its advisors over the winter season to develop a plan to further explore this large, intriguing zone of mineralisation, as well as to extend exploration to other prospective areas on the Bonsai property.
The Company also hopes to soon be in a position to update shareholders with regards to upcoming exploration plans on its Santa Lucia gold project in Sonora, Mexico.
Kristian Whitehead, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. All samples are being assayed by ALS Minerals of North Vancouver, BC. and undergoing a QAQC program which includes standards, blanks, field duplicates and preparation duplicates.
About Copper Creek Gold:
Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
James Anderson, President
FOR FURTHER INFORMATION CONTACT
James Anderson, President
Tel. 604-662-3004, ext. 105
Cell: 778-989-5346
james777anderson@gmail.com
Bing Jung, CEO
Tel. 604-662-3004, ext. 101
www.coppercreekgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek’s plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.

Source: Company website

Today Seabridge announces that Resource Modeling Inc., an independent consulting firm will process the results of the 2010 drill program. Be bought Seabridge at $28,36 in June. Yesterday it closed at $28,50 not much gain, but our views of Seabridge have not changed at all. Our target for Seabridge is $75,00 below $29,90 we still consider this “miner” a buy.

News Release:

Toronto, Canada…Positive results from the final 21 diamond drill holes completed in this year’s program at Courageous Lake’s FAT deposit have likely upgraded a substantial portion of the deposit’s inferred resources to higher categories. The drill data will now be provided to Resource Modeling Inc., an independent consulting firm, and a new NI-43-101 compliant resource estimate is expected in January 2011. Complete assay results and descriptions for these 21 holes can be found at www.seabridgegold.net/CLdrill2010.pdf.

Seabridge President and CEO Rudi Fronk said “the 2010 program was an unqualified success. All of the holes that reached their target intersected resource grade mineralization. We believe this program has likely upgraded a substantial portion of the FAT deposit’s inferred resource and also potentially increased its size and grade. Our objective is to incorporate the new resource model into an updated NI 43-101 compliant Preliminary Assessment scheduled for the second quarter of 2011. We are planning another program for next year to upgrade any remaining in-pit inferred resources in preparation for a planned 2012 Preliminary Feasibility Study which would estimate mineral reserves.”

The Courageous Lake project consists of 27,263 hectares (67,366 acres) covering 53 kilometers (33 miles) of a greenstone belt in Canada’s Northwest Territories, including the two kilometer long FAT deposit which has estimated gold resources as set out below (see news release of February 28, 2007 for details):

In March 2008, Seabridge released the results of a Preliminary Assessment (see news release dated March 10, 2008) in which the independent consultants concluded that an open-pit mining operation, with on-site processing, was the most suitable development scenario for the Courageous Lake project. A base case scenario was developed proposing a 25,000 tonne per day operation (9.125 million tonne per year throughput) resulting in a projected 11.6 year operation with average estimated annual production of 500,500 ounces of gold at an estimated average cash operating cost of US$435 per ounce recovered. The base case scenario utilized measured, indicated and inferred resources in the mine plan. Initial capital costs for the project were estimated at US$848 million, including a contingency of US$111 million. The total cost of gold production (including cash operating costs and total capital costs over the life of the mine) was estimated at US$590 per ounce.

At a gold price of US$690 per ounce, the base case cumulative pre-tax net cash flow over the life of the project was estimated at US$500 million. At a gold price of US$800 per ounce, the cumulative pre-tax net cash flow over the life of the project was estimated at US$1.13 billion and at US$1,000 gold pre-tax cumulative net cash flow was estimated at US$2.27 billion.

Seabridge notes that the Courageous Lake 2008 Preliminary Assessment incorporated inferred mineral resources which are considered too geologically speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Therefore, Seabridge advises that there can be no certainty that the estimates contained in the Preliminary Assessment will be realized.

National Instrument 43-101 Disclosure

The 2010 Courageous Lake exploration program was conducted under the direction of William E. Threlkeld, Senior Vice President of Seabridge and a Qualified Person under National Instrument 43-101. Mr. Threlkeld has reviewed and approved this news release.

A rigorous quality control/quality assurance protocol was employed during the 2010 Courageous Lake drill program including blank and certified reference standards inserted by the Company in every batch of assays. Repeats and re-splits of the sample rejects were analyzed at a rate of not less than one sample in every 25 for each type.  Samples were assayed at Acme Laboratories, Vancouver, B.C. using fire assay atomic adsorption methods for gold and total digestion ICP methods for other elements.  Cross-check analyses were conducted at a second external laboratory on at least 10% of the samples.

Seabridge holds a 100% interest in several North American gold projects. The Company’s principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories. For a breakdown of Seabridge’s mineral reserves and mineral resources by category please visit the Company’s website at http://www.seabridgegold.net/resources.php.

All reserve and resource estimates reported by the Corporation were calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability

This document contains “forward-looking information” within the meaning of Canadian securities legislation and “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. This information and these statements, referred to herein as “forward-looking statements” are made as of the date of this document but many of them relate to estimates and projections prepared in 2007 and 2008. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to: (i) the amount of mineral reserves and mineral resources; (ii) the amount of future production over any period; (iii) cumulative pre-tax net cash flow of the proposed mining operation; (iv) capital costs; (v) operating costs, including credits from the sale of other metals; (vi) mining rates; (vii) mine life; (vii) planned expenditures; and (viii) upgrading inferred resources. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects”, “anticipates”, “plans”, “projects”, “estimates”, “envisages”, “assumes”, “intends”, “strategy”, “goals”, “objectives” or variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements.

All forward-looking statements are based on Seabridge’s or its independent consultants’ current beliefs as well as various assumptions made by them and information available to them on the date the statements are made. These assumptions include: (i) the presence of and continuity of metals at the Project at modeled grades; (ii) the capacities of various machinery and equipment; (iii) the availability of personnel, machinery and equipment at estimated prices; (iv) exchange rates; (v) metals sales prices; (vi) appropriate discount rates; (vii) tax rates and royalty rates applicable to the proposed mining operation; (viii) financing structure and costs; (ix) anticipated mining losses and dilution; (x) metals recovery rates, (xi) reasonable contingency requirements; (xiii) receipt of regulatory approvals on acceptable terms; and (xiv) the negotiation of satisfactory terms with impacted First Nations groups. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Many forward-looking statements are made assuming the correctness of other forward-looking statements, such as statements of cumulative pre-tax net cash flow, which are based on other forward-looking statements and assumptions. The cost information is also prepared using earlier values, but the time for incurring the costs will be in the future and it is assumed costs will remain stable over the relevant period.

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. We caution readers not to place undue reliance on these forward-looking statements as a number of important factors could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. These risk factors may be generally stated as the risk that the assumptions and estimates expressed above do not occur, but specifically include, without limitation, risks relating to variations in the mineral content within the material identified as mineral reserves from that predicted; variations in rates of recovery and extraction; developments in world metals markets;, risks relating to fluctuations in the Canadian dollar relative to the US dollar; increases in the estimated capital and operating costs or unanticipated costs; difficulties attracting the necessary work force; increases in financing costs or adverse changes to the terms of available financing, if any; tax rates or royalties being greater than assumed; changes in development or mining plans due to changes in logistical, technical or other factors; changes in project parameters as plans continue to be refined; risks relating to receipt of regulatory approvals or settlement of an agreement with impacted First Nations groups; the effects of competition in the markets in which Seabridge operates; operational and infrastructure risks; and the additional risks including those described in the December 31, 2009 Corporation’s Annual Information Form filed with SEDAR in Canada (available at www.sedar.com) and in the Corporation’s Annual Report Form 40-F filed with the U.S. Securities and Exchange Commission on EDGAR (available at www.sec.gov/edgar.shtml). Seabridge cautions that the foregoing list of factors that may affect future results is not exhaustive.

When relying on our forward-looking statements to make decisions with respect to Seabridge, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Seabridge does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by Seabridge or on our behalf, except as required by law.

ON BEHALF OF THE BOARD

“Rudi Fronk”
President & C.E.O.

For further information please contact:
Rudi P. Fronk, President and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.net

Source: Company website

Great Panther has been in our portfolio since September 2009. We bought at CAD$0,84 yesterday GPR closed at CAD$2,00 this means a 138% gain.

News Release:

GREAT PANTHER SILVER LIMITED (TSX: GPR; the “Company”) is pleased to announce the appointment of Mr. Andrew Sharp as the new General Manager of the Company’s wholly-owned Guanajuato Mine in Central Mexico. Mr. Sharp has a Bachelor of Engineering degree from the Western Australian School of Mines and more than 23 years experience in the mining industry.

In his most recent position, he was Manager of Technical Services for Projects with Platapanamericana, S.A. de C.V., the Mexican subsidiary of Pan American Silver, where he was responsible for the management of the La Preciosa Ag-Au deposit in Durango. Throughout his five-year tenure with Pan American, Andrew also played a major role in the development of the Alamo Dorado Mine in Mexico as well as significant start-up roles in the Manantial Espejo Mine in Argentina and San Vicente Mine in Bolivia.

Prior to joining Pan American, Andrew worked in New Guinea, Ghana, Malaysia and Australia at well-known mines such as Ok Tedi, Boddington and Telfer. He has extensive experience in almost all aspects of mining, including planning, reserve estimation, feasibility studies and project/mine management, particularly in vein-type underground precious metal deposits. He was instrumental in the mine life extension of the Ok Tedi Mine and was an important part of the expansion of the La Colorada Mine. He has also managed the building of a narrow vein mine from the early stages of development through to production.

“We are extremely pleased to welcome Andrew to the Great Panther team”, stated Robert Archer, Great Panther’s President & CEO. “His broad and relevant experience in vein-hosted silver deposits and track record in improving production and site efficiencies while increasing mine life comes at an important time as the Company is completing the first year of its three-year growth strategy. With Andrew’s leadership, we are confident that we will achieve our goals of substantially increasing the production and mine life at Guanajuato. His mine-building experience will be particularly relevant in the development of Great Panther’s new discovery at the San Ignacio Property, on the outskirts of Guanajuato.”

The Guanajuato Mine is one of the most prolific and historic mines in Mexico with past production of more than one billion ounces of silver since the year 1600. It is Great Panther’s flagship operation and produced 1,019,751 ounces of silver and 6,748 ounces of gold (1,541,220 silver equivalent ounces) in 2009. The Company plans to announce an updated independent reserve/resource estimate for the Guanajuato Mine within the next few weeks and is in the process of increasing production at Guanajuato to an annual rate of approximately 2,700,000 silver equivalent ounces by 2012. Including the Topia Mine, for which an updated independent reserve/resource estimate is also imminent, Great Panther plans to produce 3,800,000 silver equivalent ounces by 2012.

The Company also announces that it has granted a total of 415,000 stock options to employees and a consultant, under its stock option plan. The options are exercisable at a price of $1.90 and expire five years from the date of grant.

For further information, please visit the Company’s website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@greatpanther.com.

ON BEHALF OF THE BOARD

“Robert A. Archer”

Robert A. Archer, President & CEO

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, “forward-looking statements”). Such forward-looking statements may include but are not limited to the Company’s plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company’s operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2009 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Source: Company website

Twitter has become a very important marketing tool for many companies, it enabled them to reach their customers and shareholders in a whole new way. Most mining companies however are very traditional, of the thousands of mining companies in the world, only a handful have discovered Twitter. Let’s start with our own portfolio, only two companies have a Twitter account. Rubicon Minerals (@RubiconMinerals) and Avino (@Avino_ASM), both account are used infrequently. We have put them in the list “portfolio” on our own Twitter account (@CashInfo_org) and will continue to retweet them as well.  Barrick Gold (@BarrickGold), Rio Tinto (@RioTinto) and Kinross Gold (@kinrossgold) are the only three large-cap mining companies that use Twitter (for now). In this new series of articles about social media and mining companies we will watch how they make use of their accounts and will rank them accordingly!

TOP 5:

On number 5: Copper Creek Gold (@CopperCreekGold) ; With 2791 followers this very small company clearly beats the bigger miners. They do rewteet when relevant, we would like to see some user interaction!

On number 4: Soltera Mining (@SolteraMining) ; 6542 followers, links tom relevant articles and retweets sometimes. User interaction is missing.

On number 3:Mandarin Venture (@mandarinventure) ; 6031 followers, good tweets, retweets and some user interaction as well.

On number 2: Logan Resources (@LoganResources) ; 4863 followers, good tweets, relevant retweets and interaction with followers, that is Twitter as it should be!

On number 1: Bayfield Ventures (@Bayfield_BYV) ; With 10125 followers they clearly create the most exposure for their company. Since they retweet and interact with other users al well, Bayfield is the winner!

note: In this top 5 list we have only looked at what company makes the best use of Twitter. This is no buy/sell/hold alert, advise whatsoever, just a Twitter ranking!

The CashInfo Twitter List of Miners (by number or followers):

Bayfield Ventures: @Bayfield_BYV : 10125 followers

Soltera Mining: @SolteraMining : 6542 followers

Mandarin Venture: @mandarinventure : 6031 followers

Logan Resources: @LoganResources : 4862 followers

Cypress Development: @cypress_cyp : 4766 followers

Pearl Asian Mining: @ZNextPearlGold : 3403 followers

Copper Creek Resources: @CopperCreekGold : 2791 followers

Kodiak Exploration: @KodiakExp : 2763 followers

Rio Tinto: @RioTinto : 2284 followers

Barrick Gold: @BarrickGold : 1309 followers

Avino Silver and Gold Mines: @Avino_ASM : 942 followers

Apella Resources: @apellaresources : 899 followers

Commerce Resources: @CommerceResCCE : 743 followers

Canadian Shield: @CdnShield : 727 followers

Cedar Creek Mines: @CedarCreekMines : 595 followers

Kinross Gold: @kinrossgold : 492 followers

Fire River Gold: @FireRiverGold : 486 followers

Kingsgate Mining: @kingsgatemining : 458 followers

Rubicon Minerals: @RubiconMinerals : 549 followers

Silver Falcon Mining: @SFMI : 421 followers

Quest Rare Minerals: @QuestRM : 372 followers

Avalon Rare Metals: @AvalonRareMetal : 353 followers

Tirex Resources: @TirexResources : 321 followers

Puget Ventures: @PugetVentures : 320 followers

Yukon-Nevada Gold Corp.: @Yukon_Nevada : 313 followers

Abacus Mining: @AbacusMining : 273 followers

Stroud Resources: @StroudResources : 270 followers

Euromax Resources: @EurOmaxRes : 257 followers

Miranda Gold Corp: @MirandaGold : 245 followers

Londoni Gold Corp: @Londonigoldcorp : 230 followers

Ucore Rare Metals: @UcoreRareMetals : 230 followers

Agnico-Eagle Mines: @agnico_eagle : 220 followers

KIG Mining: @KIGMining : 214 followers

Donner Metals: @donnermetals : 192 followers

TVI Pacific: @tvipacific : 190 followers

Entrée Gold: @entreegold : 170 followers

Hunter Dicison Inc: @HDI_Mining : 170 followers

Riverside Resources: @rivres : 163 followers

Rugby Mining: @RugbyMining : 162 followers

Aura Minerals: @AuraMinerals : 159 followers

Ascot Mining: @AscotMiningplc : 158 followers

Golden Dawn Minerals: @goldendawninc : 158 followers

Kuru Mining: @CrusaderVI : 152 followers

Austral Minerals: @AustralMinerals : 133 followers

Exeter Resource Corp.: @ExterResource : 131 followers

Alexis Minerals @AlexisMinerals : 128 followers

Noront Resources: @NorontResources : 105 followers

Cliffs Natural Resources: @CliffsIR : 99 followers

Oro Gold Resources: @OGR_V : 92 followers

Beltra-Gold Mining: @BeltraGold : 84 followers

Montero M&E: @Monteromining : 82 followers

Geodex Minerals: @GeodexMinerals : 70 followers

Endeavour Silver: @EDRSilverCorp : 68 followers

Uranium North: @UraniumNorthUNR : 65 followers

GEMERA: @GEMERA_AR : 64 followers

Golden Shamrock: @Golden_Shamrock : 59 followers

Equitas Resources: @equitascorp : 52 followers

Mayan Gold: @MayanGold : 50 followers

Global Cobalt: @GlobalCobalt : 40 followers

Elray Resources: @ElrayResources : 38 followers

NovaGold Resources: @NovaGold : 21 followers

Laquinta Resources: @Laquintares : 11 followers

Rhodium Limited: @Rhodiumltd : 11 followers

Primero Mining: @PrimeroMining : 0 followers (after a week our request for follow is still pending)

You can follow these companies all at once by following the lists on our Twitter account!

If you know any mines that are missing from our list, please let us know  and we will include them!

Great drill results from Rubicon! Rubicon continuous to build its proven resources and thus building more value for its shareholders. We bought Rubicon in July @ CAD$3,49 Using yesterday’s close of CAD$4,10 this means a 17,4% gain. When you just have a look at the great history of the Red Lake district in Ontario you would expect results like this to keep coming.

Rubicon Press Release:

- includes 16.59 oz/ton gold over 8.2 feet in newly identified northeast-trending subzone -

- cross-cuts expose F2 Core Zone and separate northwest hanging wall zone -

TSX:RMX | NYSE AMEX:RBY

VANCOUVER, Nov. 17 /CNW/ – Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) is pleased to provide an update on its underground delineation drill program being carried out on part of the F2 Core Zone, part of the F2 Gold System at its 100%-owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold District of Ontario. The results below pertain to the initial 4,277 metres of a 27,000 metre delineation drill program. In addition, Rubicon is carrying out approximately 40,000 metres of exploration drilling in the larger F2 Gold System. New delineation drill results are shown in Table 1 and Figures 2, 3, 4 and 6.

The majority of the initial drill results are focused within +/-15 metres of the 305 metre level below surface. The delineation drilling is planned to further test a 150 metre (horizontal) x 200 metre (vertical) area within the F2 Core Zone of the F2 Gold System (Figures 1 and 5). Initial drill results appear to be outlining several structurally-hosted, discrete sub zones trending at multiple angles including a significant northwest-trending component (parallel to the regional F2 fold trend direction). The active cross-cuts now expose areas of the initial delineation drilling in the F2 Core Zone and separate northwest hanging wall zone (Figure 2, 3 and 4) and the Company plans to post pictures of the cross cuts by the end of the week on its website.

Delineation Drilling – Northwest Hanging Wall Area

Drilling northwest of the 305-05 drill station has intersected a previously unrecognized northeast trending subzone to the northwest of the main area of delineation drilling (Figure 2 and 6). Highlights include hole D305-05-016 which returned 16.59 oz/ton gold over 8.2 feet (568.9 g/t gold over 2.5 metres), including 41.03 oz/ton gold over 3.3 feet (1,406.8 g/t gold over 1.0 metre) and hole D305-05-020 returned 2.74 oz/ton gold over 6.6 feet (93.8 g/t gold over 2.0 metres), including 5.34 oz/ton gold over 3.3 feet (183.0 g/t gold over 1.0 metre). The majority of the mineralization in this zone is hosted by quartz veins, within a package of altered high titanium basalts and has currently been defined over a 55 metres strike length.

Delineation Drilling – Below 305 metre level

Hole D305-04-015 intersected 0.92 oz/ton gold over 19.0 feet (31.4 g/t gold over 5.8 metres) including a high-grade interval of 9.65 oz/ton gold over 1.6 feet (330.8 g/t gold over 0.5 metres) on the 310 metre level within strongly biotite-altered and quartz-veined high-titanium basalts (Figure 3 and 6). Hole D305-05-003A intersected a broad zone of 0.20 oz/ton gold over 72.2 feet (7.0 g/t gold over 22.0 metres) containing two separate high-grade intervals of 0.93 oz/ton gold over 7.9 feet (31.9 g/t gold over 2.4 metres) and 0.73 oz/ton gold over 4.6 feet (25.0 g/t gold over 1.4 metres).

Delineation Drilling – Above 305 metre level

Above the 305 metre level (Figure 4 and 6), hole D305-04-017 intersected 1.35 oz/ton gold over 9.8 feet (46.3 g/t gold over 3.0 metres) within a broader zone of 0.46 oz/ton gold over 31.2 feet (15.6 g/t gold over 9.5 metres) southwest of the 305 level drift on the 293 metre level. Northeast of the 305 level drift, drill hole D305-05-005 intersected 0.62 oz/ton gold over 16.4 feet (21.1 g/t gold over 5.0 metres) including 4.27 oz/ton gold over 2.0 feet (146.3 g/t gold over 0.6 metres) within a broader zone of 0.15 oz/ton gold over 87.2 feet (5.0 g/t gold over 26.6 metres) and D305-05-008 intersected 0.82 oz/ton gold over 9.8 feet (28.0 g/t gold over 3.0 metres) within quartz breccias contained within a broader zone of 0.17 oz/ton gold over 77.1 feet (5.7 g/t gold over 23.5 metres) respectively centered on the 296 metre level.

The gold mineralization both above and below the level occurs in multiple sub-parallel zones typically hosted by quartz breccias and variably altered mineralized high titanium basalt. To date, delineation drilling demonstrates that the mineralization is vertically continuous over the 20 metres tested and, based on previous wider-spaced drilling below the current level, it is expected that continuity will extend to depth.

“The F2 Core Zone delineation holes confirm and extend results from wider spaced drilling and also provide evidence of new, previously unidentified sub-zones. We look forward to our initial resource estimate before month end as well as further results from the delineation drilling and additional exploration drilling designed to further test the limits of the large F2 Gold System,” stated David Adamson, President and CEO.

Rubicon Minerals Corporation is a well-funded exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Project in Red Lake, Ontario. Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp’s high-grade, world class Red Lake Mine.

RUBICON MINERALS CORPORATION
“David W. Adamson”
President & CEO

Table 1: Assay Results

Hole	Elevation Level	Gold (g/t)	Width (m)	Gold (oz/t)	Width (ft)	9X Target Area
Northwest Hanging Wall Area
D305-05-013	304	17.0	1.8	0.50	5.9	1
	303	5.6	3.6	0.16	11.8	1
	303	26.5	1.0	0.77	3.3	1
D305-05-014	302	669.1	0.8	19.52	2.6	1
D305-05-015	303	5.2	4.1	0.15	13.4	1
D305-05-016	295	568.9	2.5	16.59	8.2	1
Incl.	295	1406.8	1.0	41.03	3.3	1
D305-05-017	304	6.7	6.3	0.20	20.7	1
Incl.	304	17.4	1.5	0.51	4.9	1
And Incl.	304	38.5	0.5	1.12	1.6	1
D305-05-018	Anomalous
D305-05-019	Anomalous
D305-05-020	297	93.8	2.0	2.74	6.6	1
Incl.	297	183.0	1.0	5.34	3.3	1
Below 305 metre Level in Core Area
D305-05-003A	308	7.0	22.0	0.20	72.2	1
Incl.	308	17.6	5.0	0.51	16.4	1
And Incl.	309	31.9	2.4	0.93	7.9	1
Or	309	25.0	1.4	0.73	4.6	1
D305-05-009	308	5.3	2.5	0.15	8.2	1
	309	5.9	17.5	0.17	57.4	1
Incl.	309	18.6	1.0	0.54	3.3	1
or	310	16.0	4.3	0.47	14.1	1
And Incl.	310	31.8	1.7	0.93	5.6	1
	311	6.9	4.5	0.20	14.8	1
Incl.	311	10.2	2.7	0.30	8.9	1
D305-05-012	310	8.3	43.0	0.24	141.0	1
Incl.	309	16.1	4.0	0.47	13.1	1
Or	311	16.7	14.7	0.49	48.2	1
And Incl.	312	23.6	5.2	0.69	17.1	1
D305-05-012	313	5.4	3.9	0.16	12.8	1
D305-05-006	Anomalous
D305-04-003	311	5.2	16.0	0.15	52.5	1
Incl.	310	9.8	2.0	0.29	6.6	1
Or	311	17.5	1.6	0.51	5.2	1
D305-04-003	313	29.8	0.8	0.87	2.6	1
D305-04-006	309	32.5	0.5	0.95	1.6	1
	313	6.3	1.6	0.18	5.2	1
D305-04-009	311	5.0	2.2	0.15	7.2	1
D305-04-012	Anomalous
D305-04-015	310	31.4	5.8	0.92	19.0	1
Incl.	310	330.8	0.5	9.65	1.6	1
D305-04-018	Anomalous
Above 305 metre Level in Core Area
D305-05-001	302	5.6	18.5	0.16	60.7	1
Incl.	302	17.9	3.6	0.52	11.6	1
And Incl.	302	38.7	1.6	1.13	5.1	1
D305-05-002	297	5.2	16.0	0.15	52.5	1
Incl.	296	16.4	3.7	0.48	12.1	1
And Incl.	296	37.2	1.0	1.09	3.3	1
D305-05-004	301	11.4	2.0	0.33	6.4	1
Incl.	301	21.0	1.0	0.61	3.3	1
D305-05-005	296	5.0	26.6	0.15	87.2	1
Incl.	297	21.1	5.0	0.62	16.4	1
And Incl.	297	146.3	0.6	4.27	2.0	1
D305-05-007	301	5.5	28.2	0.16	92.5	1
Incl.	302	19.5	1.8	0.57	5.9	1
Or	301	16.2	3.2	0.47	10.5	1
D305-05-008	296	5.7	23.5	0.17	77.1	1
Incl.	297	28.0	3.0	0.82	9.8	1
D305-05-010	303	5.0	9.5	0.15	31.2	1
Incl.	303	10.5	2.1	0.31	6.9	1
D305-05-011	303	6.5	3.7	0.19	12.1	1
Incl.	303	14.0	1.5	0.41	4.9	1
D305-05-011	295	5.8	2.7	0.17	8.9	1
D305-04-001	302	5.6	12.8	0.16	42.0	1
Incl.	302	22.9	1.9	0.67	6.2	1
D305-04-002	295	5.0	11.4	0.15	37.2	1
Incl.	295	12.4	3.0	0.36	9.8	1
D305-04-004	Anomalous
D305-04-005	296	12.0	1.0	0.35	3.3	1
	293	5.3	7.2	0.15	23.6	1
Incl.	293	16.3	1.0	0.48	3.3	1
D305-04-007	302	5.1	3.4	0.15	11.2	1
D305-04-008	Anomalous
D305-04-010	302	5.9	2.5	0.17	8.2	1
D305-04-011	295	18.5	1.0	0.54	3.3	1
D305-04-013	Anomalous
D305-04-014	293	9.8	2.8	0.29	9.2	1
D305-04-016	Anomalous
D305-04-017	294	15.6	9.5	0.46	31.2	1
Incl.	293	46.3	3.0	1.35	9.8	1
D305-04-019	289	5.7	2.3	0.17	7.5	1
D305-04-020	274	5.8	1.9	0.17	6.2	1

Holes with the prefix ‘D305′ were drilled from underground on the 305 metre level and are part of the delineation program. Assays are uncut. Reported results satisfy the following cut-off criteria: An intercept equal to or greater than 10 g/t gold (gram) x (metre) product value and possessing an average grade of equal to or greater than 5.0 g/t gold.
Anomalous holes satisfy the following criteria: >2.5 gram gold x metre product and > 2 g/t gold. A complete listing of results to date for the F2 Gold System is available at www.rubiconminerals.com.

Figure 1: F2 Gold System Plan Map

http://files.newswire.ca/617/Rubicon_Fig1_Nov17.doc

Figure 2: Plan map showing the northwest hanging wall zone
(results included for the 265 through 305 metre levels)

http://files.newswire.ca/617/Rubicon_Fig2_Nov17.doc

Figure 3: Plan Map showing the core zone area delineation drill results below the 305 metre level
(results included for the 305 through 345 metre levels)

http://files.newswire.ca/617/Rubicon_Fig3_Nov17.doc

Figure 4: Plan Map showing the core zone area delineation drill results above the 305 metre level
(results included for the 265 through 305 metre levels)

http://files.newswire.ca/617/Rubicon_Fig4_Nov17.doc

Figure 5:  Composite Long Section Looking Northwest and 9X Target

http://files.newswire.ca/617/Rubicon_Fig5_Nov17.doc

Figure 6: Detailed Composite Long Section of Delineation Drill area, Looking Northwest
(New results for 155m thick section only)

http://files.newswire.ca/617/Rubicon_Fig6_Nov17.doc

Assaying and Qualified Person
Assays were conducted on sawn NQ-sized half core sections. Delineation drilling intercepts represent horizontal thickness which, at this time, are interpreted to be true thickness. The saw blade is routinely cleaned between samples when visible gold is noted during logging and sampling of the drill core. Assays were conducted by SGS Minerals Services using standard fire assay on a 30 gram (1 assay ton) sample with a gravimetric finish procedure. Assays are uncut as is standard practice in Red Lake. Standards, blanks and check assays were included at regular intervals in each sample batch. Check assays on 5% of samples are carried out at a third party independent laboratory. Gold standards were prepared by CDN Resource Laboratories Ltd. Work programs in this release were supervised by Terry Bursey, P.Geo., Regional Manager for Rubicon and the project Qualified Person under the definition of NI 43-101.

Forward-Looking Statements
This news release contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and “forward-looking information” within the meaning of applicable Canadian provincial securities legislation (collectively, “forward-looking statements”). Forward-looking statements often, but not always, are identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “targeting” and “intend” and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking statements in this document include statements regarding the timing and nature of future exploration programs which are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on the Phoenix project. Similarly, although geological features of the F2 Gold System are interpreted to show similarities to nearby gold producing mines owned by third parties, this should not be interpreted to mean that the F2 Gold System has, or that it will, generate similar reserves or resources. Significant additional drilling is required at F2 to fully understand system size before a meaningful resource calculation can be completed.

The forward-looking statements that are contained in this news release are based on various assumptions and estimates by the Company and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include market prices, results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of the Company and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

---

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Source: Rubicon website

Again great news from Great Panther, just look at the results of this drill. We bought Great Panther in September 2009 @ CAD$0,84 ; This press release came after-hours, GPR closed @ CAD$1,68 today meaning a 100% gain. GPR went down sharply the last two weeks, after setting a 52-week high of CAD$2,10 ; we expect it to bull back sharply when the gold price picks up again. Prices went down today after again lots of volatility. The slow downward correction can not continue much longer, and prices will keep running up en down like they have never before. Why is it that the price always  goes down at the end of American trading hours? If you don’t know GATA yet, please hurry yourself to their website, and be prepared for some shocking information!

Great Panther Press Release:

GREAT PANTHER SILVER LIMITED (TSX: GPR; the “Company”) is pleased to announce that the second surface diamond drill hole at the San Ignacio Mine property, Guanajuato has intersected five zones of silver-gold mineralization below those of the previously reported veins in hole ESI10-01 (see news release of October 28, 2010).

Drill hole ESI10-02 was collared at the same site as ESI10-01 but at a steeper angle of -60° in order to test the down-dip continuity of the veins intersected in the first hole. In hole ESI10-02, the Melladito vein returned 10.45 metres grading 1.13g/t gold and 98g/t silver, including 7.70 metres grading 1.36g/t gold and 117g/t silver. This correlates well with the 11.45 metres of 1.18g/t gold and 131g/t silver intersected in hole ESI10-01. Similarly, the Nombre de Dios vein returned 7.70 metres grading 4.49g/t gold and 704g/t silver in hole ESI10-02, compared to 3.15 metres of 2.15g/t gold and 157g/t silver in the first hole. The Nombre de Dios intersection in the second hole is at a vertical depth of approximately 330 metres below surface and 145 metres below the intercept in hole ESI10-01, and demonstrates good continuity while also indicating the potential for grades to increase with depth. It is currently unclear as to how the surface sample of 2.3 metres of 3.27g/t gold and 77g/t silver, previously interpreted as the Nombre de Dios vein, correlates with the drill hole intercepts or if it represents a separate vein that has yet to be intersected in drilling.

A deeper footwall stockwork zone in ESI10-02 assayed 1.49g/t gold and 382g/t silver over 3.40 metres. A narrower zone of mineralization in the hangingwall of the Melladito Vein and an intermediate zone between the Melladito and Nombre de Dios veins correlate well between the drill holes and could be of greater significance along strike or down-dip. The most westerly vein system, the Plateros vein, which hosted the former San Ignacio Mine operation, will be drilled later in the program. A plan map showing the location of Great Panther’s San Ignacio drill holes, and an interpretative cross section, are posted on the Company web-site at www.greatpanther.com. Based upon the second hole, the veins are now interpreted to be steeply dipping.

“These are very significant results for the San Ignacio Mine property”, stated Robert Archer, Great Panther’s President & CEO. “The excellent continuity of the veins and the higher grades at depth will make it easier to define a new resource and develop a mine plan. With this early encouragement, we intend to fast-track the delineation and development of San Ignacio.”

The initial 2,000 metre core drilling program at San Ignacio will comprise four sections across the three main structures. A substantial program of additional drilling for 2011 is already being prepared and applications for additional drill sites are being filed with the appropriate authorities. Power is being restored to the original San Ignacio Mine area and the shaft and old workings will be pumped out and rehabilitated while further exploration progresses. Underground mapping and drilling will augment the surface work and, once sufficient geological data has been assembled to facilitate a mine plan, development will commence in preparation for mine production.

Highlights of Drill Hole ESI10-02

Zone	Hole ID	FROM m	TO m	Width m	Au g/t	Ag g/t
Melladito hanging wall	ESI10-02	189.25	190.20	0.95	1.39	141
Melladito	ESI10-02	202.45	212.90	10.45	1.13	98
	includes	203.60	211.30	7.70	1.36	117
Intermediate	ESI10-02	248.90	250.25	1.35	2.52	74
Nombre de Dios	ESI10-02	379.75	387.45	7.70	4.49	704
Footwall stockwork	ESI10-02	402.70	406.10	3.40	1.49	382

The San Ignacio Mine property covers approximately 4 kilometres of strike length on the La Luz vein system, which is parallel to, and 5 kilometres west of, the principal Veta Madre structure that hosts the main Guanajuato mines (see map on website at http://www.greatpanther.com/i/pdf/SanIgnacio-LocationMap-Sep10.pdf). The La Luz district marks the site of the first discovery of silver in the area, in the year 1548, which led to the discovery of the Veta Madre silver-gold deposits in 1550. It comprises a swarm of generally north-northwest striking, west dipping quartz veins and breccias with associated low sulphidation silver-gold mineralization, along an approximate 8 kilometre long trend.

Robert F. Brown, P. Eng. and Vice President of Exploration for the Company is the Qualified Person for the Guanajuato Mine, under the meaning of NI 43-101. A full QA/QC program is being followed including the regular insertion of splits, blanks, and standards into the core sampling sequence. Analysis of the drill core samples is being conducted at the Guanajuato Mine on-site laboratory, independently operated by SGS.

For further information, please visit the Company’s website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@greatpanther.com.

ON BEHALF OF THE BOARD

“Robert A. Archer”

Robert A. Archer, President & CEO

This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of the Securities Act (Ontario) (together, “forward-looking statements”). Such forward-looking statements may include but are not limited to the Company’s plans for production at its Guanajuato and Topia Mines in Mexico, exploring its other properties in Mexico, the overall economic potential of its properties, the availability of adequate financing and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements expressed or implied by such forward-looking statements to be materially different. Such factors include, among others, risks and uncertainties relating to potential political risks involving the Company’s operations in a foreign jurisdiction, uncertainty of production and cost estimates and the potential for unexpected costs and expenses, physical risks inherent in mining operations, currency fluctuations, fluctuations in the price of silver, gold and base metals, completion of economic evaluations, changes in project parameters as plans continue to be refined, the inability or failure to obtain adequate financing on a timely basis, and other risks and uncertainties, including those described in the Company’s Annual Report on Form 20-F for the year ended December 31, 2009 and reports on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov and Material Change Reports filed with the Canadian Securities Administrators and available at www.sedar.com.

Source: Company website

One of the newest members of our portfolio is Seabridge Gold. We think this stock is still undervalued big-time, and keep it in our portfolio, below US$29,50 Seabridge is still a good buy. Our longer term target for Seabridge Gold is $US 75,00

Seabridge Gold Press Release:

Toronto, Canada…Seabridge Gold announced today that it has filed its Third Quarter Financial Statements and Management’s Discussion and Analysis for the three and nine month periods ended September 30, 2010 on SEDAR (www.sedar.com). To review these documents on the Company website, please see http://www.seabridgegold.net/2010-Q3-Report.pdf.

Highlights

• Drill programs completed at Courageous Lake and KSM
• Drilling at KSM confirms Iron Cap as new large gold-copper deposit with the potential to improve project economics
• New metallurgical test work increases concentrate grades and reduces grinding costs for KSM ore
• Courageous Lake drilling continues to increase confidence in the resource and finds potential expansions
• Residual interest in Noche Buena project to be sold for US$10.12 million

Financial Results

During the three month period ended September 30, 2010 Seabridge posted a net loss of $527,000 ($0.01 per share) compared to a loss of $1,135,000 ($0.03 per share) for the same period last year. During the 3rd quarter, Seabridge invested $19,867,000 in mineral interests, primarily at KSM and Courageous Lake, compared to $13,450,000 during the same period last year. At September 30, 2010, net working capital was $27,319,000 compared to $9,140,000 at December 31, 2009. In addition, at September 30, 2010 the Company had $11,000,000 invested in a two-year Canadian bank guaranteed note at interest rates higher than its short term investments.

Seabridge holds a 100% interest in several North American gold resource projects. The Company’s principal assets are the KSM property located near Stewart, British Columbia, Canada and the Courageous Lake gold project located in Canada’s Northwest Territories. For a breakdown of Seabridge’s mineral resources by project and resource category please visit the Company’s website at http://www.seabridgegold.net/resources.php.

All resource estimates reported by the Corporation were calculated in accordance with the Canadian National Instrument 43-101 and the Canadian Institute of Mining and Metallurgy Classification system. These standards differ significantly from the requirements of the U.S. Securities and Exchange Commission. Mineral resources which are not mineral reserves do not have demonstrated economic viability.

Statements relating to the estimated or expected future production and operating results and costs and financial condition of Seabridge, planned work at the Corporation’s projects and the expected results of such work are forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by words such as the following: expects, plans, anticipates, believes, intends, estimates, projects, assumes, potential and similar expressions. Forward-looking statements also include reference to events or conditions that will, would, may, could or should occur. Information concerning exploration results and mineral reserve and resource estimates may also be deemed to be forward-looking statements, as it constitutes a prediction of what might be found to be present when and if a project is actually developed. These forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable at the time they are made, are inherently subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from logistical, technical or other factors; the possibility that results of work will not fulfill projections/expectations and realize the perceived potential of the Corporation’s projects; uncertainties involved in the interpretation of drilling results and other tests and the estimation of gold reserves and resources; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of environmental issues at the Corporation’s projects; the possibility of cost overruns or unanticipated expenses in work programs; the need to obtain permits and comply with environmental laws and regulations and other government requirements; fluctuations in the price of gold and other risks and uncertainties, including those described in the Corporation’s December 31, 2009 Annual Information Form filed with SEDAR in Canada (available at www.sedar.com) and the Corporation’s Annual Report Form 40-F filed with the U.S. Securities and Exchange Commission on EDGAR (available at www.sec.gov/edgar.shtml). Forward-looking statements are based on the beliefs, estimates and opinions of the Corporation’s management or its independent professional consultants on the date the statements are made.

ON BEHALF OF THE BOARD

“Rudi Fronk”
President & C.E.O.

For further information please contact:
Rudi P. Fronk, President and C.E.O.
Tel: (416) 367-9292 • Fax: (416) 367-2711
Email: info@seabridgegold.net

Source: Company website

Below you will find the third quarter results of Minera Andes. There is not much news in it, but we are confident that Minera Andes will produce some positive surprises the coming years. Icon of the industry Rob McEwen is the biggest shareholder and the company is teaming up with some of the biggest players (Hochschild Mining and Xstrata). We still think that this company is one of the building blocks for some kind of new Goldcorp. We bought Minera Andes in September 2009 @ CAD$0,72 at the moment the stock is trading @ CAD$2,04 meaning a 183,3% gain.

Minera Andes Press Release:

TORONTO, ONTARIO – November 11 2010 – Minera Andes Inc. (the “Corporation” or “Minera Andes”) (TSX: MAI and US OTC: MNEAF) is pleased to announce net income of $6.1 million ($0.02 per share basic and diluted) for the three month period ended September 30 2010 compared to net income of $5.2 million ($0.02 per share basic and diluted) for the same period ended September 30 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management’s discussion and analysis are available under the Corporation’s profile at www.sedar.com and www.sec.gov.

Minera Andes has a 49% interest in the San José Mine operated and owned by Minera Santa Cruz (“MSC”), a joint venture between Minera Andes (49%) and Hochschild Mining (51%).

Highlights – Third Quarter 2010

• Net income increase of $0.9 million: The Company reported a $0.9 million increase in net income for the quarter (as compared to the same quarter in 2009) primarily due to an increase of $1.8 million in income recorded on our investment in MSC, which was partially offset by an increase of $0.9 million in total expenses for the quarter. The increase in expenses was a net result of an increase in general and administrative costs, a decrease in foreign currency exchange gains (due to a decrease in the strengthening of the Canadian dollar), and a decrease in professional fees as compared to the third quarter in 2009.
• San José Mine Performance (on a 100% basis): Net income at the San José Mine increased by $3.8 million compared to the same three month period in 2009, driven primarily by an 8% increase in sales. The increase in sales was due to higher realized metal prices for both silver and gold offset by a decrease in the number of ounces of silver and gold sold in the quarter. Production for the quarter was 1,408,501 ounces of silver and 22,025 ounces of gold. Silver production was unchanged and gold production was 2% lower compared to the same quarter in 2009, a result of a decrease in total ore processed at the mine offset by an increase in the head grade for silver. On a per-ounce co-product basis the average cash cost was $8.81 per ounce of silver and $570 per ounce of gold for the quarter.
• Settlement of lawsuit with Hochschild Mining plc: The Company announced on September 20 2010, an end to litigation with certain affiliates of Hochschild Mining plc. (“Hochschild”) in New York courts relating to funding of the San José Mine joint venture. Revised finance and shareholder loan agreements were completed and the Company received its first scheduled repayment of interest.
• San José Mine Exploration: The Company announced on October 7 2010, the discovery of nine new high-grade gold/silver veins plus important extensions of two other veins, which together total more than five kilometers in strike length at the San José Mine. The discoveries represent significant exploration progress at the San José Mine where the total strike length of all the previously known veins totalled approximately 17 kilometers. The 2010 exploration budget has been increased to $6.5 million compared to $2.5 million in 2009.

This news release is submitted by Perry Ing, Chief Financial Officer of Minera Andes Inc.

About Minera Andes Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA, owner of the San José Mine in close proximity to Andean Resources’ Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean’s Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.

About Minera Santa Cruz Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San José property.

About Hochschild Mining plc Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.

For further information, please contact: Daniela Ozersky or visit our Web site: www.minandes.com.

Daniela Ozersky
Manager, Investor Relations
99 George St. 3rd Floor,
Toronto, Ontario, Canada. M5A 2N4
Toll-Free: 1-866-441-0690
Tel:647-258-0395
Fax: 647-258-0408
E-mail: info@minandes.com

Source: Company website

Just yesterday we were talking about the great cash position of First Majestic. We think they have used their money wisely in completing this acquisition, and will continue to watch this company closely.

First Majestic Press Release:

First Majestic Completes Acquisition of Surface Rights, Royalties and Infrastructure at Real de Catorce Silver Project

VANCOUVER, November 10, 2010 – First Majestic Silver Corp. (“First Majestic”) (TSX: FR) is pleased to announce the closing today of the acquisition of all the real estate interests including the original mill and infrastructure and underlying royalties and bonuses which were associated with the Real de Catorce Silver Project in San Luis Potosi State, Mexico.

The total purchase price of US$3,000,000 consists of US$1,500,000 cash and the issuance of US$1,500,000 in common shares of First Majestic equalling 152,798 shares at a deemed price of $9.91 per share based on the volume weighted average of the past five days trading. The package includes title to all of the land underlying the Santa Ana Hacienda located within the Real de Catorce property, together with all associated buildings and certain historic geological and proprietary mining information relating to the project.

The Real de Catorce Silver Mine which was acquired in November 2009, had been subject to a 3% net smelter royalty (“3% NSR”), of which 1.75% could be acquired for a total price of US$1.75 million, if paid prior to March 15, 2014, otherwise the total purchase price would increase to US$2.1 million. In addition, the previous owner (Normabec) had agreed to acquire the surface rights, the buildings located thereon which cover the location of the previous mining operations, and all technical and geological information, in consideration for a single payment of US$1.2 million to be made by December 2010. The Company was also obligated upon commencement of commercial production, to pay an additional US$200,000 to the previous owner.

The acquisition by the Company today replaces the above mentioned total cash payments of between $3.15 and $3.4,with a total purchase price of US$3.0 million in cash and shares, and removes entirely any future NSR on the Real de Catorce project.

The Company is currently evaluating its alternatives for future production in the area, including the evaluation of past exploration works in order to plan for future underground development, mining and processing plant alternatives. In the meantime, the Company is planning to rehabilitate the Santa Ana Hacienda for the purpose of opening a mining museum to help the community create new jobs and increase the economic opportunities in the area.

The shares issued in this agreement will be subject to a four month hold period from the date of issuance under applicable Canadian securities laws.

First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.

FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.

“signed”

Keith Neumeyer,
President & CEO

Source: Company website