Salazar Intersects 28 m of 2 g/t Gold & 5% Copper at High-Grade El Domo VMS Deposit

Salazar Resources Ltd. (TSX VENTURE:SRL)(FRANKFURT:CCG) - Mr. Fredy Salazar, President and CEO, is pleased to announce the latest assay results from recent drilling at the El Domo deposit in the Las Naves Central area of its Curipamba Volcanic Hosted Massive Sulphide Project in Ecuador.

The results obtained from the last five drill holes at the El Domo deposit and surrounding areas have returned promising results. The El Domo deposit mineralization has been extended 50 meters to the North and 50 meters to the East in the southern portion of the deposit. The deposit now has a N-S strike length of 800m, averaging 200m width and averaging a 10m thickness (see Figure 1), and is still open in three directions: north, south and west.

Westminster Drills 2.38% Copper, 22.72 g/t Silver and 1.17 g/t Gold over 9 meters at El Cobre Project, Sonora, Mexico

- DRILLING HAS RESUMED -

Westminster Resources Ltd. (the "Company" or "Westminster") is pleased to report that exploration has resumed at the El Cobre Project in Sonora, Mexico. The Company drilled 8 core holes totaling 1132 meters of a planned 3500 meter Phase One drilling program before pausing for Christmas break. No prior drilling had ever been conducted at El Cobre.

During the Fall of 2010, Westminster conducted a program of survey grid construction and geophysical surveying over the Anita Mine and its possible extensions along trend. The CSMAT (Controlled Source Audio - Magnetotelluric) resistivity survey was carried out for the Company by Quantec Geoscience, and resulted in identifying both high and low resistivity and structural geophysical targets. Shallow drilling of the resistivity anomalies yielded marginal results and drill intercepts of the weathered and leached breccia structures generally resulted in 60% or less drill core recoveries in mineralized zones.

Talon announces initial drill results from target area 2 drilling on Trairão iron project

Talon Metals Corp. ("Talon" or the "Company") (TSX: TLO) is pleased to announce the initial results of the drilling program on Target Area 2 at its 100% owned Trairão Iron Project ("Trairão Project"), located in Pará State, Brazil.

At Target Area 2, 31 reverse circulation ("RC") holes were drilled on a 400 metre by 200 metre grid to a depth of 50 metres below surface, over a strike length of 3,400 metres. These RC drill holes augmented the results from 2 diamond drill holes that had been drilled previously in this area. To date we have received the results from 14 RC holes covering some 1,600 metres of strike in the west of Target Area 2. These results are consistent with the initial results from Target Area 1 (see December 13, 2010 and December 23, 2010 press releases). 

Erdene Discovers New Copper Zone at Zuun Mod Project, Mongolia Khuvyn Khar Drilling Returns 34 Metres of 1.3% Copper

Erdene Resource Development Corp. ("Erdene") (TSX: ERD) is pleased to announce a new copper discovery on its wholly owned Zuun Mod project in south-western Mongolia.

"We are very pleased by this new copper discovery located over two kilometres northwest of the existing Zuun Mod molybdenum/copper resource and look forward to the resumption of drilling in the near future," said Peter Akerley, President and CEO. "This intersection of significant copper mineralization further illustrates the potential for new discoveries within the large porphyry system at Zuun Mod."