Panoro Signs Joint Venture Agreement for Antilla Copper/Molybdenum Project in Peru

Panoro Minerals Ltd. (TSX VENTURE: PML)(BVLAC: PML)(FRANKFURT: PZM) ("the Company") is pleased to announce that it has signed a joint venture (JV) agreement with Chancadora Centauro SAC (Centauro) of Lima, Peru for the development of the Antilla Copper Molybdenum Project (the "Project") in Peru.

Centauro will make cash payments of US$8 million to the Company and invest US$17 million into the Antilla Project in order to earn a 70% interest over a 30 month period. Under the terms of the joint venture, Centauro will pay $1 million upon signing, $4 million within 90 days and the final $3 million within 20 months. The US$17 million investment will be directed towards the completion of bankable feasibility studies on the project.

Read more: Panoro Minerals Ltd ( PML )

Crowflight Receives a $150 Million Offer From Jinchuan Group Ltd. of China

CROWFLIGHT MINERALS INC. ("Crowflight" or the "Company") (TSX:CML) today announces that it has received an offer letter (the "Offer") from Jinchuan Group Ltd. ("Jinchuan") to acquire all of the common shares of Crowflight in consideration for an aggregate cash payment of $150,000,000. Based on the current number of Crowflight common shares outstanding, this Offer equates to approximately $0.26 per common share. The Offer represents a premium of 47.3% to the closing price on the Toronto Stock Exchange for the Company's common shares on April 2, 2010 and a premium of 56.8% to the 20 day volume weighted average trading price.

The Offer is being reviewed by the Special Committee of the Board of Directors, which was formed upon the Company receiving a non-binding expression of interest from Pala Investment Holdings AG ("Pala") (for information regarding the Pala expression of interest, please see the Company's press releases of January 27 and 28, 2010).

Read more: Crowflight Minerals Inc ( CML )

Beaufield Drills 6.15% Copper, 9.98% Zinc, 157.96 g/t Silver and 1.72 g/t Gold Over 8 Metres at Tortigny

Beaufield Resources Inc. (TSX VENTURE: BFD) is pleased to report results from the recently completed drilling program on the 100% owned Troilus-Tortigny property. Seven diamond drill holes, totaling 2,472 metres, were completed in the vicinity of the Tortigny base metal deposit.

The Tortigny polymetallic deposit is located in the Troilus area 100 kilometres north of the town of Chibougamau, Quebec. It consists of a deformed massive sulfide deposit hosted in meta-sedimentary rocks which are surrounded by mafic volcanic rocks. The deposit forms a "V" shape fold where in 1997 the previous operator, Mines et Exploration Noranda Inc., calculated a resource of 489,900 tonnes 2.21% copper, 6.15% zinc, 0.24% lead, 0.31 g/t gold and 60.08 g/t silver.

Read more: Beaufield Resources Inc ( BFD )

Hana Mining RC Drilling in Banana Zone Intersects 1.63% Cu and 39.5 g/t Ag Over 5 Metres, Including 6.59% Cu and 153.3 g/t Ag Over 1 Metre, in North Limb

Hana Mining Ltd., ("HMG" or the "Company") (TSX VENTURE: HMG) (FRANKFURT: 4LH) is pleased to announce completion of 12 new RC drill holes at its Ghanzi sediment-host copper-silver project in Botswana. Results on 9 of these holes are shown in detail, in tables below. These new holes extend mineralized strike length by 1,200 metres for two areas in the Banana Zone; the North Limb (sector 10,000) and the South Limb (sectors 45,000 and 60,000). See figure 1 for locations.

Highlights of recent drilling results:
- All of the 12 completed holes returned significant mineralization, increasing mineralized strike length in the Banana Zone by 1,200 metres. Current total tested strike length for the Banana Zone is now 32.7 km, representing just over half (51.1%) of the total estimated 64.0 km strike length in this zone. Results for some of these holes along the tested horizon are pending.

Read more: Hana Mining Ltd ( HMG )

Anvil Mining Reports Fourth Quarter and Full Year 2009 Results - Net income of $10.9 million ($0.09 per share) for the fourth quarter 2009

<< TSX, ASX: AVM Common shares outstanding 150.4 million All amounts are expressed in US dollars, unless otherwise stated. >>

("Anvil" or the "Company"), today announced net income from continuing operations for the fourth quarter ended December 31, 2009, of $10.9 million ($0.09 per share), compared to a net loss of $151.2 million (-$2.12 per share) for the fourth quarter of 2008. Net copper sales for the fourth quarter of 2009 totalled $23.5 million, an increase of 69% compared to the fourth quarter 2008. Cash flows from continuing operations, before working capital movements, were $11.5 million ($0.09 per share), compared to a negative cash flow, before working capital movements, of $26.1 million (-$0.37 per share) for the fourth quarter of 2008.

Read more: Anvil Mining Ltd ( AVM )