Japanese Conglomerate Takes $40-million Stake in Junior Canadian Explorer's Promising Alaskan Nickel Property

Pure Nickel Inc. is extremely pleased to announce that it has entered into an exploration and option agreement with ITOCHU Corporation, a multi-billion dollar Japanese conglomerate. The agreement provides ITOCHU with the right to earn up to a 75% interest in Pure Nickel's 720-square-kilometre MAN Alaska property by investing up to $40 million in further exploration and development of the property.

The MAN project is one of Pure Nickel's most promising initiatives. Located in Alaska, 400 kilometres north east of Anchorage, recent outcrops and grab samples have yielded interesting findings with nickel grades running as high as 15%.

Sherwood Reports New Copper-Gold Discovery at Minto Mine and Possible Linkage to Area 2

2.1% Cu over 24.5m including 2.6% Cu over 8.6m and 3.1% Cu over 9.1m at Copper Keel

Sherwood Copper Corporation (TSX VENTURE: SWC)(TSX VENTURE: SWC.DB) today confirmed the discovery of a potentially significant new high grade copper-gold zone at its Minto Mine in the Yukon. The "Copper Keel" discovery is located less than 800 metres southeast of the open pit currently being mined on the Main deposit, and less than 200 metres east of the proposed Area 2 open pit. Drill hole 08SWC-389 confirms and links up high grade copper-gold mineralization intersected in earlier holes along the Copper Keel trend and returned some of the best grades and thicknesses yet. Highlights from this hole are summarized in the table below, while previously announced significant intersections from the Copper Keel trend are detailed in the subsequent table and discussed below.

GobiMin Signs Framework Agreement To Sell its Chinese Nickel Properties

GobiMin Inc. ("GobiMin" or the 'Company") is pleased to announce that it has entered into two revocable framework agreements ("Framework Agreement") with Xinjiang Xinxin Mining Industry Co., Ltd. ("Xinxin") to dispose of its three nickel-copper mining properties, namely Yellow Mountain East, Xiangshan and Yellow Mountain, in Hami, Xinjiang Uygur Autonomous Region of the People's Republic of China ("China"). The proposed transaction (the "Transaction") will be facilitated through the sale of its two Chinese subsidiaries, Xinjiang Yakesi Resources Co. Ltd. ("Yakesi") and Hami Jubao Resources Co. Ltd ("Jubao"). Xinxin, based in Xinjiang, is China's second-largest nickel producer. It became public on The Stock Exchange of Hong Kong Limited in 2007.

Nunavik Nickel Project Exploration Update: New Mineralized Zone Discovered; High-Grade Massive Sulphides Intersected at Kehoe

Canadian Royalties Inc. (TSX: CZZ) is pleased to announce the discovery of a significant new zone of high-grade Nickel-Copper-PGE (platinum group element) mineralization at Kehoe, located approximately 10 kilometres west-southwest of the Expo complex. Thick intervals of high-grade mineralization were cut in drillhole KH-08-16, which intersected 38.15 metres grading 1.23% Nickel and 1.21% Copper, 0.56 g/t Platinum and 1.99 g/t Palladium, including an 11.90 metre portion that graded 2.96% Nickel, 1.61% Copper, 1.02 g/t Platinum and 3.54 g/t Palladium. Significant results are also reported for seven (7) additional holes.

The "Endah" showing was discovered in late July, 2008 by diamond drilling beneath a surface showing following a campaign of testing geophysical targets elsewhere on the Kehoe intrusion. These results place a new zone of mineralization roughly equidistant between the Expo and Mequillon deposits, and 5.5 kilometres northeast of Tootoo. The zone is favourably located close to the planned road that is proposed to link the Expo complex with the Mequillon and Ivakkak deposits. These exploration results further attest to the mineral potential of the Expo Intrusive Suite.