By Michael A. Berry, PhD

Recovery and Revival: Facts and Issues

The question is not IF ;  the questions are WHEN, HOW and STRENGTH.

First the Bad News: We are not poised today to renew the 2000 to 2007 Commodity Supercycle.

Canada’s world class natural resource based  economy is reeling.

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Brilliant Announces Agreement with the Government of Equatorial Guinea

EDMONTON, ALBERTA--(Jan. 22, 2015) - Ivory Resources Inc., a wholly-owned subsidiary of Brilliant Resources Inc. (TSX VENTURE:BLT), (the "Company") is pleased to announce that it has agreed to relinquish all its rights and interests under the terms of its Exploration Services Agreement with the government of the Republic of Equatorial Guinea (the "Government") and to work with the Government to open up the Río Muni area of the country to mining.

Courtenay Wolfe, the Chair of Brilliant, stated "We are pleased to have reached an agreement with the government of Equatorial Guinea. We believe that through the survey and interpretive service previously performed by Ivory Resources under the exploration service agreement, a strong foundation has been established for other international mining companies to bring significant benefits to Equatorial Guinea and its people. We look forward to assisting the government and its people in the future."

Capstone Mining Announces New $500 Million Corporate Credit Facility

VANCOUVER, Jan. 16, 2015 - Capstone Mining Corp. ("Capstone") (CS.TO) has entered into an amended Senior Secured Corporate Revolving Credit Facility ("RCF") for up to $500 million with Scotiabank (Co-Lead Arranger, Joint Bookrunner and Administrative Agent) and Canadian Imperial Bank of Commerce (Co-Lead Arranger, Joint Bookrunner and Syndication Agent). Other syndicate lenders include Citibank, N.A., Canadian Branch; Wells Fargo Bank N.A., Canadian Branch; Export Development Canada; Bank of Montreal; Mizuho Bank, Ltd.; and ING Capital LLC. This facility amends Capstone's existing senior secured corporate revolving term facility and allows for the repayment and cancellation of the existing senior secured reducing revolving credit facility.,

The RCF comprises a committed $440 million plus a $60 million accordion.  It has a four year term maturing in January 2019 (with extension rights on mutual consent), an interest rate of US LIBOR plus 3.0% (adjustable in certain circumstances) and a standby fee of 0.675%, payable on the undrawn balance of the facility. The $60 million accordion may be exercised by Capstone once additional credit is committed from existing and/or new lenders.

Auryn Resources Inc. Closes Non-brokered Private Placement for $7.3 Million

VANCOUVER, Dec. 11, 2014 - Auryn Resources Inc. (TSX-V: AUG, "Auryn" or the "Company"), is pleased to announce that it has completed its previously announced private placement. The gross proceeds of $7,313,300 were raised by issuing 11,251,230 common shares of the Company at a price of $0.65 per share (the "Offering").  The shares sold under the Offering are subject to a four-month hold period.

A total of $96,423 or approximately 1.3% of the gross proceeds was paid in fees incurred in connection with the Offering and no share purchase warrants were issued. The net proceeds of the Offering will be used by the Company to continue its pursuit of mineral property opportunities globally.