Western Troy Drills 2.14% copper and 21.32 g/t silver over 3 meters in new zone at MacLeod Lake

January 25, 2012, Toronto, Ontario - Western Troy Capital Resources (TSX Venture: WRY, US-OTC: WTCRF) (Western Troy or the Company) announced today the assay results of holes it drilled at its MacLeod Lake Copper/Molybdenum Project in November of 2011. Three holes were drilled on geophysical anomalies near the Main Zone. Two holes did not intersect significant mineralization, but Hole 228, drilled on an anomaly between the Main Zone and the South Zone intersected 2.14% copper and 21.32 g/t silver over an interval of 3 meters from 63 to 66 meters depth. This interval includes 1.0 meter of 5.93% copper and 50.6 g/t silver. These widths are believed to be close to true widths due to the sub-horizontal attitude of the mineralized zone.

Published: 25 January 2012
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New Millennium Iron Corp. Reports New Drill Results From Its Lac Ritchie Property in the Millennium Iron Range

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New Millennium Iron Corp. ("NML" or the "Corporation") (TSX:NML.TO - News) announced today additional drill core assay results from its 100% owned Lac Ritchie property (Refer to Figure 1) where 40 holes for a total of 3,800 m were drilled in 2011. NML published results of 15 holes on December 8, 2011(NR 11-38). The assay results received to date represent 32 out of the 40 holes.

Dean Journeaux, President and CEO of NML, said, "We continue to be pleased with the results of our new drilling as the grades and interval depths of the holes in Lac Ritchie area are similar to those obtained at LabMag and KeMag.

Published: 19 January 2012
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Duluth Metals Announces 40 feet of 2.268 g/t Total Precious Metals on Latest Drilling at the Twin Metals Project

    Continued strong overall drill results for the Twin Metals Project
    Precious metal component becomes increasingly important
    Positive drill results in between Maturi and Nokomis Deposits
    New AMEC resource study to be completed by February, 2012

Duluth Metals Limited ("Duluth Metals") (TSX: DM.TO - News) (TSX: DM-U.TO - News) is pleased to announce continued strong assay results for 8 holes drilled on the Twin Metals Project in northeastern Minnesota. Two holes, MEX-262 and 267 drilled between the Eastern and Central Higher Grade Areas demonstrates the continuity between the two zones with higher grade platinum + palladium + gold (TPM) and copper assays.  Drilling highlights include:

Published: 18 January 2012
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Ivanhoe Australia Receives $30.1 Million Distribution From Exco Resources' Asset Sale

Robert Friedland, Chairman, and Peter Reeve, Chief Executive Officer of Ivanhoe Australia Limited (TSX:IVA.TO - News)(ASX:IVA.TO - News), are pleased to announce the receipt of the $30.1 million distribution from Exco Resources Limited.

The distribution, comprised of a capital return and special dividend, follows the finalisation of the sale of Exco's Cloncurry Copper Project to Xstrata.

"This extra funding places us in a solid position in the lead-up to initial production of copper and gold from our Osborne operation this March, increasing our cash balance - including the Exco distribution - to $166 million as at 31 December 2011," Mr Reeve said.

Published: 12 January 2012
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Tajiri Reports High Grade Lead-Zinc, Silver Up to 8593.5 g/t, Gold to 8.20 g/t and Identifies Five Polymetallic Soil Anomalies at Its Inca Property

Tajiri Resources Corp. ("Tajiri or the Company") (TSX VENTURE:TAJ) is pleased to announce receipt of results for its multi-element and precious metal analyses generated from its Phase 1 exploration program on its Inca silver-lead-zinc (Ag-Pb-Zn) property located in the Mayo Mining District, Yukon Territory.

The Company began its Phase 1 exploration program immediately upon TSX Venture exchange approval announced on August 29, 2011. The soil and rock sampling, in conjunction with geological mapping and prospecting was conducted to explore the principal structural trends of known anomalous Ag-Pb-Zn-Cu-Au-As-Sb metal values associated with galena, siderite and quartz veins on the property.

Published: 11 January 2012
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