Baffinland Announces Support Agreement With ArcelorMittal

Baffinland Iron Mines Corporation (TSX: BIM.TO) ("Baffinland" or the "Company") announced today that it has entered into a support agreement with ArcelorMittal S.A. ("ArcelorMittal") pursuant to which ArcelorMittal has agreed to make an offer to acquire all of the outstanding common shares of the Company for C$1.10 in cash per common share and all of the outstanding common share purchase warrants issued on January 31, 2007 (the "2007 Warrants") for C$0.10 in cash per 2007 Warrant (the "ArcelorMittal Offer"). The equity value of the ArcelorMittal Offer is approximately C$433 million on a fully-diluted basis.

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Excellon Announces New High-Grade Drill Hole Assays at Platosa

Excellon Resources Inc. (TSX:EXN) is pleased to announce assay results for 11 holes from recent Platosa diamond drilling. Three are from the NE Rodilla area, approximately 50 m northeast of the main known massive sulphides of the Rodilla Manto. Hole LP874 intersected 8.42 metres (m) of massive sulphides grading 818g/t (24 oz/T) Ag, 12.67% Pb, 15.22% Zn. Hole LP872 in the same area intersected 1.85 m grading 1,064 g/t (31oz/T) Ag, 13.54% Pb, 8.53% Zn. The new sulphides may be connected to Rodilla, or may represent a new body developed along a NW-SE-trending structure. The area remains open in several directions.

Three holes are from drilling designed to continue tracing and infilling the extension of the 6A/6B Manto. Hole LP863 intersected 0.91 m of high-grade massive sulphides assaying 1,243 g/t (36 oz/T) Ag, 6.06% Pb, 4.17% Zn.

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Non-Brokered Private Placement Announced

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 4, 2010) - MPH Ventures Corp. (TSX VENTURE:MPS) (FRANKFURT:IJA1) (the "Company") announces it has arranged a non-brokered private placement of up to 20,000,000 units at a price of $0.05 per unit to raise gross proceeds of up to $1,000,000. Each unit consists of one common share and one non-transferable share purchase warrant, with each warrant to entitle the holder to purchase one common share for a period of three years at a price of $0.10 per share.

The Company may pay up to a 7.5% finder's fee, payable in cash or units, in connection with part of this private placement offering.

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Western Copper Announces Significant Resource Increase at Casino

Western Copper Corporation (TSX: WRN) - Near-surface Supergene Sulphide Zone increased 90% to 252 Million Tonnes (M+I)(1) -- Measured & Indicated Supergene + Hypogene mineralization at 1.06 Billion Tonnes(1) -- Inferred Supergene + Hypogene mineralization increased 6 times to 1.70 Billion Tonnes(1)

Western Copper Corporation ("Western Copper" or the "Company") is pleased to announce an updated resource estimate for its wholly-owned Casino Gold-Copper-Molybdenum Project in the Yukon Territory.

This new resource estimate is the first estimate to include the 26,000 metres of drilling performed by Western Copper over the past 3 years, and represents a significant update to the 2008 resource estimate.

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Canariaco Norte Copper Resource Increases Significantly

Candente Copper Corp. (TSX: DNT)(BVLAC: DNT)(WKN: GW4) ("Candente Copper") is extremely pleased to report that an updated Mineral Resource Estimate recently completed for the Canariaco Norte copper deposit in Peru has confirmed a substantial increase in the mineral resources.

As part of the ongoing Pre-Feasibility Study of the Canariaco Norte project, AMEC Americas Limited ("AMEC"), has re-modelled and re-classified the Mineral Resource and issued an updated, significantly larger Resource Estimate.

Highlights of the 0.30% copper cut-off Resource Estimate:
At the base case 0.30% copper cut-off grade, Canariaco Norte's Measured and Indicated tonnage has increased by 21% and the Measured and Indicated contained copper has increased by 16% from the Mineral Resource Estimate released in September 2008 (see Candente Resource news release dated September 18, 2008).

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