Retransmission: Puget Ventures Inc. Drill Program Intercepts 27.08m of 11.34% Zinc, 1.68% Copper, 0.34% Lead on Trout Bay Property, Red Lake

- Results Exceed Historic Grade of High Grade Lake Copper-Zinc Resource
- Precious Metals Assays Pending
- Winter plans include drilling High Grade Lake Resource and initial work on Werner Lake East copper targets

Puget Ventures Inc. (TSX VENTURE:PVS) announced today that results from the summer program carried out on the Trout Bay Property in Red Lake, Ontario successfully intersected the High Grade Lake Zone, returning certain assay results which exceed the historic resource grades of this near surface copper-zinc massive sulfide zone. The summer drill program consisted of 13 holes totaling 1865 metres testing extensions of the known copper-zinc mineralized zones on the Property and additional exploration targets. Puget Ventures has an option to earn a 60% interest in the Trout Bay Property from Red Lake Gold Mines/Goldcorp.

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Frontera Copper Board of Directors Recommends Rejection of Unsolicited Offer From Invecture Group

Frontera Copper Corporation (TSX: FCC) (TSX: FCC.NT) (TSX: FCC.NT.A) today announced that its Board of Directors has unanimously recommended that shareholders REJECT the unsolicited offer from Invecture Group, S.A. de C.V. ("Invecture"), to purchase all of the outstanding common shares of the Company for Cdn$0.59 per share (the "Offer").

In its Directors' Circular being filed today on SEDAR and mailed to shareholders, the Board strongly recommended that all Frontera shareholders REJECT the Offer and not tender their shares for the following reasons:

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Proposed acquisition of TEAL Minorities and the formation of a joint venture with Vale

TEAL Exploration & Mining Incorporated ("TEAL") has entered into a definitive agreement with African Rainbow Minerals Limited ("ARM") and Companhia Vale do Rio Doce ("Vale") relating to the proposed acquisition of all of the outstanding common shares of TEAL not already owned by ARM, pursuant to a court approved plan of arrangement (the "Arrangement") at a price of C$3.00 per common share.

The cash purchase price will be funded by way of an equity investment by Vale into the consolidated operations of TEAL.

TEAL has also been informed that concurrently with the Arrangement, ARM intends to form a 50:50 joint venture with Vale for the future development and operation of TEAL's assets.

Read more: TEAL Exploration & Mining Incorporated ( TL )

Marketing Process Moves to Exclusive Negotiation Stage

Corriente Resources Inc. (TSX: CTQ)(NYSE-A: ETQ) announces as an update to its news release of October 21, 2008 regarding the Citi/Canaccord marketing process, that the Company has entered into a period of exclusive negotiations with a selected party. The negotiations have expanded from the original mandate to the potential sale of the Company.

Subject to earlier termination in certain circumstances, the exclusive negotiation period will extend to March 31, 2009. No assurance can be given that the negotiations will result in an agreement for the sale of the Company. Further comments or announcements will be made by the Company as developments warrant.

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Metals Creek Resources Corp. intercepts 81.13m of 1.834 percent copper from drilling on the Tillex copper property

Metals Creek Resources Corp. (the "Corporation", TSXV: MEK) is pleased to announce additional high grade copper assays, including 1.834% Cu over 81.13m, from the recently completed diamond drill program on its Tillex property which is located 65 km east of Timmins, ON and 45 km from Xstrata's Kidd Mill and Metallurgical Site.

Highlights:
- TX08-003 22.87m down hole intercept (50.63m to 73.50m) of 1.05% Cu including 8.3m (54.00m to 62.30m) of 2.36% Cu.
- TX08-004 81.13m down hole intercept (42.00m to 123.13m) of 1.83% Cu including 27.00m (53.00 to 80.00m) of 2.73% Cu.
- TX08-015 14m down hole intercept (100.00m to 114.00m) of 1.11% Cu.

Read more: Metals Creek Resources Corp ( MEK )