Pele Mountain Resources: First-Ever Rare Earth Oxide Resource Estimate for Eco Ridge to Be Released Shortly

Pele Mountain Resources (TSX-V:GEM) is a Canadian mineral exploration and development company focused on the sustainable development of its 100% owned flagship Eco Ridge Mine Uranium and Rare Earth Elements ("REE") Project in Elliot Lake, Ontario.  The vast uranium and REE mineralization at Eco Ridge provides Pele investors with outstanding leverage to these critical metals.  Very shortly, Pele expects to release an updated NI 43-101 resource estimate that will include both uranium and Rare Earth Oxides ("REO") for the first time.

As the uranium market continues firming and extreme tightness in the REE market persists, market prices for uranium and REE remain exceptionally strong.  Particularly, the uncertainty regarding long-term REE supplies has led to a rush to develop REE resources outside of China.  At MoneyinMetals.com, we believe that Eco Ridge possesses strategic advantages that may place it ahead of its competitors in the race to bring these resources to production.

Avanti Mining Closes Private Placements for $15 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Avanti Mining Inc. (the "Company") (TSX-V: AVT) is pleased to announce that it has closed its previously announced private placement of 43,650,794 shares of the Company at $0.252 per share for proceeds of approximately $11,000,000 (the "Offering") with SeAH Holdings Corp. ("SeAH"), the largest specialty steel producer in Korea. The Company plans to use the proceeds from the Offering to fund detailed design engineering, environmental assessment and permitting for the Company's Kitsault molybdenum mine in British Columbia (the "Project") and for general corporate purposes.

About SeAH Holdings Corp. -- SeAH is a public company listed on the Korean stock exchange. SeAH is the holding company of SeAH Group, established in 2001 by separating the SeAH Steel's investment sector and is based in Seoul, South Korea.

First Gold Exploration Inc./Indicated Resources at the Rose Deposit: 11,436,000 Tonnes, 1.34% Li2O, 165 ppm Ta2O5, 2,668 ppm Rb, 377 ppm BeO and 71 ppm Ga

First Gold Exploration Inc. (TSX VENTURE: EFG)(FRANKFURT: F12)(OTCQX: FGEXF) is pleased to report the results of an independent resource estimate for its Rose deposit at Lac Pivert/Rose project, James Bay, Quebec.

The Rose deposit contains 11,436,000 tonnes of indicated resources containing 1.34% Li2O (337,133,280 pounds of Li2O), 165 ppm of Ta2O5 (4,156,255 pounds of Ta2O5), 377 ppm of BeO (9,496,414 pounds of BeO) and 2,170,000 tonnes of inferred resources containing 1.27% Li2O (60,629,800 pounds of Li2O), 138 ppm Ta2O5 (659,604 pounds of Ta2O5), 311 ppm BeO (1,486,498 pounds of BeO). The Resources were compiled using a cut-off grade of 0.75% Li2O based on the current estimation of the resource and market conditions. The 43-101 technical report will be available on Sedar within the next 45 calendar days.

Quest Drilling Discovers New Deep REE Zone Northwest of the B-Zone Pegmatite Deposit, Returns Up to 14.3 Metres at 2.65% TREO, Strange Lake, Quebec

Highlights:
- B-Zone drilling continues to expand the size of the high grade mineralized surface Pegmatite Spine for over 1.2 km in strike length, with widths varying from 125 to 550 m and vertical thickness from 10.0 to over 191.0 metres
- Multiple, high grade intersections of between 1.10% and 31.47% TREO over widths of 0.75m and 67.0m characterize all holes drilled into the surface pegmatite zone, within a larger, 152.6 and 314.6 m-thick, mineralized envelope grading between 0.86%-1.06% TREO
- Deepening of 2009 drillholes into the B-Zone deposit have extended the granite hosted mineralization from a maximum vertical thickness of 135.2 m to over 314.6 m vertical