VMS Reports 3.95 m of 9.31% Cu at Reed North in the Super Zone Property, Near Snow Lake, Manitoba

VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to announce follow-up results from the new copper zone discovery "Reed North" on its Super Zone property located 1.8 kilometres northeast of the Reed Copper deposit. The Super Zone is part of a parcel of four property packages adjacent to the Reed Copper deposit which are under option to HudBay Minerals Inc. (TSX: HBM)(NYSE: HBM) ("HudBay"). Reed North was previously referred to as the Super Zone Discovery.

HIGHLIGHTS -- Hole RLE021 Intersects 3.95 m of 9.31% Cu, 1.87% Zn, 3.59 g/t Au, and 35.53 g/t Ag -- Hole RLE022 Intersects 4.15 m of 2.16% Cu, 0.18% Zn, 0.71 g/t Au, and 8.01 g/t Ag

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Talon Metals Announces Drilling Results on Target Areas 4, 5 & 6 at the Trairão Iron Project, Brazil

Talon Metals Corp. ("Talon" or the "Company") (Toronto:TLO.TO) is pleased to announce the results from the  reverse circulation ("RC") drilling carried out over Target Areas 4, 5 and 6 at its 100% owned Trairão Iron Project, located in Pará State, Brazil. These target areas represent the eastern extension of the 18 kilometre long Trairão ridge which currently has a cumulative inferred mineral resource estimate in Target Areas 1, 2 and 3 of approximately 1.1 billion tonnes at an average grade of approximately 36% Fe, with a cut-off of 25% Fe (National Instrument 43-101 compliant).

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Cardero Receives Final 2011 Drill Results, Ferro-Titanium Projects, Minnesota, USA - Highlights Include 110.9m grading 20.2% TiO2, 31.3% Fe2O3 and 0.2% Copper

Coalhunter Changes Name to Cardero Coal Ltd.

Cardero Resource Corp. ("Cardero" or the "Company") (TSX:CDU)(NYSE Amex:CDY)(FRANKFURT:CR5) announces receipt of final drill core analysis from the Longnose and TiTac ferro-titanium projects in Minnesota, USA. The Company has retained SRK to complete a 43-101 resource estimate. With all drill data results in place, SRK expect to have a 43-101 report completed in Q4 2011. The report will include resource estimates for the TiTac South and Longnose deposits.

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Compania Minera Milpo S.A.A. to Acquire Inca Pacific Resources Inc.

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Inca Pacific Resources Inc. (TSXV:IPR.V)(TSXV:IPR.V) ("Inca Pacific") and Compania Minera Milpo S.A.A.  ("MILPO") announce that they have entered into a definitive arrangement agreement (the "Agreement") dated September 5, 2011 with respect to a proposed acquisition by MILPO of all of the issued and outstanding common shares of Inca Pacific (the "Transaction"). The Transaction will be structured as a statutory arrangement under the provisions of the Business Corporations Act (British Columbia).

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Oceanic Iron Ore Corp.: Assay Results Return 39.9% Fe Total Over 36 Metres and 39.4% Over 46 Metres

Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF)(PINK SHEETS:FEOVF) (the "Company") is pleased to announce the fourth set of assay results from its 2011 resource verification program. The results of the new assays continue to correlate well to those reported historically.

The latest results from twinned holes in Castle Mountain and Zones 2 and 4 are set out below. The Company remains on track to release a resource estimate and preliminary economic assessment in respect of the Hopes Advance project area by October of this year.

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