The Newfoundland project sites Annouced by EagleRidge Minerals Ltd.

Top Mining News: This is the news on mining exploration area. Are you interested in this copper mining information? red the further news below:

EagleRidge Minerals Ltd. (ERM) is pleased to announce that field exploration crews have been mobilized from the Manitoba sites to the Newfoundland project sites. Field exploration work was performed on the Baie Verte area. The crews are now working on the St. Julien’s exploration project. Both project areas offer great opportunity for the discovery of gold and base metals mineralization.

The company has assembled a 12 person field crew consisting of geologists, geological assistants, Newfoundland prospectors and local persons from St. Juliens and Croque. The exploration crews are being overseen by ERM’s President and COO, Carey Galeschuk, P.Geo.

The Baie Verte Project was primarily focused on reconnaissance mapping and prospecting. The St. Julien’s Project is focused on detailed geological mapping and structural studies. Previous prospecting samples from St. Julien’s have returned copper assays over 22% as well as numerous other high assays of copper.

The company is excited about the potential of its’ Newfoundland projects. Field crews are following up the prospecting efforts undertaken in the St. Julien’s area during the summer and fall of 2008. During 2008, ERM carried out extensive ground prospecting on the St. Juliens project as well as airborne geophysics.

The VTEM geophysical anomalies in the St. Julien’s area that were generated during the airborne survey will be traced in the field. As well, an independent consultant has reviewed the electromagnetic and magnetic geophysical data from the St. Julien’s area and soon will be issuing an interpretive report. Diamond drilling is planned for later in the fall of 2009 in the St. Julien’s area.

Carey Galeschuk, P.Geo, ERM President and COO, is the qualified person for these projects.

Unico, Inc. Chairman Reports Acquisition of Over 3.2 Million Shares of Common Stock

Unico, Inc. Chairman Reports Acquisition of Over 3.2 Million Shares of Common Stock

Unico is pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine. The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site.

Unico, Incorporated, a natural resource company in the precious metals mining sector, today announced that Chairman Ray C. Brown has filed statements with the Securities and Exchange Commission reporting the acquisition of over 3.2 million shares of common stock and the subsequent gifting of approximately 1.1 million of those shares.

Mr. Brown’s acquisition of shares was reported on two separate Form 4 Statements of Change in Beneficial Ownership of Securities filed on June 17, 2009. The Form 4 statements can be viewed by clicking the “SEC Filings” link on the Unico website at http://www.unicomining.com./IR/investorrelations.php.

The first Form 4 filed by Mr. Brown reported that on June 10, 2009, he acquired 1,838,235 shares of Unico common stock at a price of $0.0136 per share. On the same date, Mr. Brown gifted 735,294 shares of common stock to C. Wayne Hartle, who serves on the company’s Board of Directors and holds the position of Corporate Secretary. Mr. Hartle reported the acquisition of the shares gifted by Mr. Brown in a Form 4 statement filed on June 17, 2009. Mr. Brown also gifted 367,647 of his acquired shares to another individual.

The second Form 4 filed by Mr. Brown reported that on June 16, 2009, he acquired an additional 1,388,889 shares of Unico common stock at a price of $0.0144 per share. As a result of these acquisitions and the gifting of shares, Mr. Brown now owns 8,559,676 shares of Unico common stock.

“I am pleased to have made these recent acquisitions of Unico common stock at a time when the company is undertaking its program to pursue alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine,” stated Mr. Brown. “I believe that the ongoing testing program being conducted in cooperation with Royal Mines And Minerals Corporation has the potential to increase the value that Unico will ultimately receive for the gold and silver contained in concentrate produced at the Deer Trail mill facility. I continue to support the job being done by Unico management and our staff out at the mine and look forward to additional advancements of our project at the site.”

Over the past several months, the company has shipped numerous samples of material from the Deer Trail Mine in Marysvale, Utah to Royal Mines And Minerals Corporation for testing of Royal Mines’ proprietary technology for the lixiviation of precious metals. More information on Royal Mines proprietary technology for the lixiviation of precious metals can be found at its website, www.royalmmc.com.

Unico is pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine. The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site.

Klondike Gold Corp. Reevaluates Historic High-Grade Silver Sample From the Eng Property

Klondike Gold Corp. Reevaluates Historic High-Grade Silver Sample From the Eng Property

Top Mining News : Klondike Gold Corp. is reevaluating a high-grade, drill-intersected silver-rich sample from the Eng property in southeastern B.C. The property was staked five years by the Company as part of a larger land package situated due west of the Cold Creek and Mount Mahon areas, approximately 1.5 km south of Yahk in southeastern British Columbia.

Two holes were drilled in the immediate area in 1990 by Kokanee Explorations Ltd. in a search for SEDEX (Sedimentary-Exhalative) mineralization. One of the holes intersected the silver-copper-gold mineralization at a depth of several hundred meters.

The silver occurrence is described in BC Government Minfile (taken from assessment report 20828): “Mineralization consisting of native silver and native copper and gold occurs within a 15 cm zone of fragmental quartzititic argillite and siliceous mud beds. The mineralization is described to be contained within bedded seams less than 0.5 mm thick within a purple brown siliceous fragment. The 15-cm zone is described as sub-rounded fragments and mud; the fragments are heavily crowded with fine pyrite and pyrrhotite. A sample of a mineralized fragment yielded 34,183 g/tonne silver (997.17 oz/tonne), 10.3 percent copper and 0.27 g/tonne gold.”

Proposed exploration plans include prospecting to locate potential mineralization at surface, a geochemical grid, and a ground geophysical survey.

Klondike Gold Corp. also announces that Diana Mark has been appointed Assistant Corporate Secretary. It also notes a correction to its news release of February 5, 2009 to state that 3,000,000 stock options were issued to directors and officers of the Company and 3,180,000 stock options to employees and consultants at a price of $0.10 per share for a period of five years.

The Agreement between Cameco and Kyrgyz Parliamentary

Top Mining News: This is the news on the agreement between Cameco and Kyrgyz Parliamentary. What is the agreement about? Read the news below:

Cameco Announces Kyrgyz Parliamentary Ratification of Agreement

Cameco Corporation, one of the world’s largest uranium producers announced that the Kyrgyz Parliament has ratified the agreement that Cameco and Centerra Gold Inc. signed with the Kyrgyz government that is described in Cameco’s April 24, 2009 news release. In addition, the Kyrgyz Parliament has passed legislation authorizing the implementation of all of the terms of the agreement. The legislation has been forwarded to the Kyrgyz President for signature.

As previously announced, the agreement resolves all outstanding issues with respect to the Kumtor gold mine and is expected to further align the parties’ business interests and provide additional certainty for continuing operations and future development of the Kumtor project.

Closing of the transactions under the agreement is dependent upon the satisfaction of certain conditions including withdrawal of all claims and proceedings before the Kyrgyz courts, and any necessary regulatory and other approvals, including TSX approval. The parties have agreed to apply reasonable efforts to close the transaction on or before May 25, 2009.

Pebble Fund for Sustainable Bristol Bay Fisheries and Communities

Top Mining News: This is the news on Alaska Community Groups that Receive Pebble Fund Grants. It is reported that Northern Dynasty Minerals Ltd. announces that the Pebble Fund for Sustainable Bristol Bay Fisheries and Communities, established by the Pebble Limited Partnership last year, will dispense its first $1 million in grants to 33 successful applicants this spring. The complete news is as follows:

Northern Dynasty Minerals Ltd. announces that the Pebble Fund for Sustainable Bristol Bay Fisheries and Communities, established by the Pebble Limited Partnership last year, will dispense its first $1 million in grants to 33 successful applicants this spring.

The Pebble Fund was established in February 2008 as a five-year, $5 million commitment to support community-led initiatives that enhance the health of Bristol Bay fisheries and contribute to a sustainable economic future in southwest Alaska. Administered by the non-profit Alaska Community Foundation, Pebble Fund grant criteria and awards were determined by an independent advisory board of citizens representing communities from throughout the Bristol Bay region.

“Pebble is a globally significant copper-gold-molybdenum deposit whose development has the potential to provide employment and business opportunities for generations of Alaskans, as well as other social and economic benefits for the communities of Bristol Bay,” said Northern Dynasty President & CEO Ron Thiessen. “Although the project is still several years away from permitting and operations, the Pebble Partnership is committed to ensuring that local communities benefit at every stage of project development.

“That’s what the Pebble Fund and today’s announcement is all about; ensuring that Pebble provides a more sustainable future for the communities of southwest Alaska now and in the future.”

Based in Anchorage AK, the Pebble Partnership was established in July 2007 as a 50:50 partnership between a wholly-owned affiliate of Northern Dynasty and a wholly-owned subsidiary of Anglo American plc. To retain its 50% interest, Anglo American is required to continue its staged investment of $1.425 billion to advance the Pebble Project toward permitting and operations.

“One of our core principles is to help build sustainable communities and that is why we started the Pebble Fund,” said Pebble Partnership CEO John Shively. “I am pleased and encouraged that the Pebble Fund board was able to meet a diverse cross section of community needs in the Bristol Bay region. This clearly demonstrates we will meet our commitments, and we are looking forward to the next round of applications and grants later this year.”

In total, some 50 non-profit community organizations in southwest Alaska applied for Pebble Fund grants in 2009 for projects related to community development, education, energy and fisheries. The Pebble Fund board selected 33 successful applicants, including 26 small grant ((less than)$25,000) and seven large grant ((greater than)$25,000) recipients.

Projects receiving small grant awards include a community greenhouse development in Ugashik, alternative energy and wind development projects in the City of Chignik and Chignik Lagoon, and a vocational training program for clean diesel technology in the Bristol Bay School District. Large grant awards will fund fisheries enhancement and education projects in Pilot Point and Ivanoff Bay, a renewable energy development project in Iguigig and a broad-based job internship program for students in the Lake and Peninsula School District, among others.

“Villages in rural Alaska are facing some serious challenges, including high energy and transportation costs, limited investment and job opportunities, and out-migration,” said Ron Thiessen. “We believe the Pebble Fund can start to address those challenges by funding projects that are developed, delivered and selected by the people who know this region best - the communities of Bristol Bay.”

Agreement between Paragon Minerals Corporation and Crosshair Exploration & Mining Ltd. on Golden Promise Gold Project

Top Mining news: This is the news on The Agreement between Paragon Minerals Corporation and Crosshair Exploration & Mining Ltd. on Golden Promise Gold Project. The complete news is as follows

Paragon Minerals Corporation announce that it has entered into a new joint venture agreement with Crosshair Exploration & Mining Ltd. whereby Crosshair can acquire up to a 70% interest in the Golden Promise Gold Project located in central Newfoundland, Canada. The new agreement will result in the termination of the original property option earn-in agreement with Crosshair and the property sale agreement entered into last year.

“We are very pleased to renew our partnership with Crosshair on the Golden Promise Gold Project” said Michael Vande Guchte, President and CEO of Paragon. “Their work to date has demonstrated high-grade gold vein systems at Golden Promise that remain open along strike and to depth. We look forward to an aggressive drilling and bulk sampling campaign on the property with the objective of increasing the current NI43-101 compliant gold resource”.

Under the terms of the new joint venture agreement Crosshair will issue to Paragon, 2,655,000 of its common shares to earn a 60% interest in the Golden Promise Gold Project. Crosshair will provide Paragon with a $2.0 million carried interest in exploration expenditure to be completed prior to May 2013. Crosshair can extend this time frame by one year upon issuing a further 250,000 common shares to Paragon.

On completion of the initial $2.0 million in exploration expenditures, Crosshair can elect to earn an additional 10% interest (to 70%) in the Golden Promise Gold Project by providing Paragon with an additional $1.0 million carried interest in exploration expenditures within a one year period. Crosshair can extend this time frame by one year upon issuing a further 100,000 common shares to Paragon. If Crosshair does not complete the additional exploration expenditures, it can purchase the 10% interest by paying Paragon the difference between the incurred additional exploration expenditures and the $1.0 million or retain a 60% interest.

Mirasol Options the Nico Silver-Gold Project to Coeur d’Alene Mines

Top Mining News: Here is the news from Santa Cruz province, southern Argentina. it is reported that Mirasol Resources Ltd. announces that it has signed an exploration option agreement with Coeur d Alene Mines to explore and develop Mirasol’s 100% owned Nico Project, located in the Deseado Massif gold-silver epithermal district of Santa Cruz province, southern Argentina. The complete news is as follows:

Mirasol Resources Ltd. announces that it has signed an exploration option agreement with Coeur d Alene Mines to explore and develop Mirasol’s 100% owned Nico Project, located in the Deseado Massif gold-silver epithermal district of Santa Cruz province, southern Argentina.

The terms of the agreement provide that Coeur spend US $2.3 million in exploration over four years to earn a 55% interest in the property, and a 65% interest on completion of a bankable feasibility study, at which time Mirasol may elect to maintain a 35% participation. Coeur may acquire a 75% interest by providing project development financing at commercial terms to Mirasol. Additionally, during the exploration period Coeur will make cash payments totaling US $250,000 to Mirasol and act as project operator.

Under the terms of the agreement, Coeur has a first year exploration commitment of US $250,000 and will pay US $50,000 on signing of the agreement. Exploration activities are projected to begin immediately, and include detailed prospect mapping, additional geochemical sampling, and drilling.

The Nico project was identified and staked by Mirasol geologists through the Company’s proprietary generative exploration program which has identified many new epithermal gold and silver systems in the Deseado Massif. The Nico mineral property comprises an area of 198 square kilometres and straddles a provincial road 40 kilometres north of Coeur’s producing bonanza-grade Martha silver mine. During exploration campaigns from 2005 to 2008, Mirasol conducted an integrated exploration program of geological mapping, 120 line kilometres of gradient array IP/resistivity geophysics, 552 line kilometres of high-resolution ground magnetics and 134 rock chip samples, which outlined highly prospective targets.

Initial exploration returned up to 8.5 g/t gold and 324 g/t silver in outcrop from the Nico Main zone (see press release dated October 11, 2007). Further exploration significantly extended the known mineralized trends and identified five discrete gold-silver prospect areas on a regional basis, defined by anomalous silver, gold or pathfinder elements and large chargeable / resistive geophysical anomalies. The principal targets of the Nico Main zone are the Tito vein zone and Carlos breccia zone, which host multi-gram gold values and multi-ounce silver values on surface (see press release dated May 26, 2008).

“We are very pleased to have Coeur as our partner for the Nico Project. We have an excellent relationship with Coeur, who are exploring and have recently drilled our Joaquin gold-silver property”, stated Mary Little, President and Chief Executive Officer of Mirasol Resources Ltd. “Coeur brings exceptional geological and local operational expertise to the Nico Project and we look forward to a productive venture.”

Gold Project Update, Tanzania by Lake Victoria Mining Company, Inc.- Kalemela

Top mining News: Here is the mining news from Tanzania. It is reported that Lake Victoria Mining Company Inc. provide an update of exploration activities at its Kalemela Gold Project in northern Tanzania. The further news is as follows:

Lake Victoria Mining Company Inc. provide an update of exploration activities at its Kalemela Gold Project in northern Tanzania. This emerging gold exploration project lies northeast of the Company’s Geita Gold Project and 140 kilometers northeast of the town of Mwanza. The Kalemela Gold Project is assumed to be the western extension of the Kilimafedha Gold Mines, colonial mining district.

At the Kalemela Gold Project, Lake Victoria Mining Company controls 262 square kilometers held within three exploration licenses; a detailed 2,226 line kilometer ground magnetic survey was recently completed within this property. The survey was contracted to Geo Can Resources and conducted with a continuous reading, GPS controlled GEM System magnetometer model number GSM-19W. Preliminary data processing indicates at least five new structural intersections are present below shallow clay and soil cover. These previously unknown intersections consist of prominent northwest trending structures that are crosscut by smaller northeast trending fault and fracture zones. These features lie within Precambrian greenstone rocks and are the primary focus of our exploration.

To further define these new targets identified by the magnetic survey, soil geochemical samples are being collected on 200 meter spaced north-south lines; individual targeted areas are spaced at 50 meters. A total of 1069 samples have been sent into the lab and assay results are pending. To date, anomalous gold results have identified a two by two kilometer structurally complex area in the eastern part of the project; samples are still being collected in the western locations over the recently identified structural intersections. Once the soil sample results are evaluated, shallow trenches may be excavated and an electrical induced polarization (I.P.) planned with the objective to define possible drill targets.

Dr. Roger Newell, President of Lake Victoria Mining Company, is currently in Tanzania overseeing the field exploration and data processing to define drill targets at the Kalemela gold project. This is happening concurrent with an aggressive 6000 meter Reverse Circulation (RC) drilling program on its Geita property, about 80 kilometers west of Mwanza. Lake Victoria’s Geita Gold Project is bordered by AngloGold Ashanti’s Geita gold mine which has ore reserves reckoned at 8.5Moz and mineral resources at 14.7Moz. The Geita mining district is one of the oldest and most productive in East Africa, and the Company is actively drilling strategically defined targets within the northeast quarter of its 43.77 square kilometer property. The results will be provided as they become available.

Top Mining News : Slam Exploration announces zinc - lead - silver resource at Nash Creek

Top Mining News : This is the mining news about nash Creek Project in New Brunswick. It is reported that Slam Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick. The complete mining news is as follows:

SLAM Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick.

Using a 2% Zinc Equivalent cut-off and after mill recoveries are factored in, Wardrop estimates the Nash Creek deposit contains an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26 g/t silver plus an inferred resource of 1,211,700 tonnes grading 2.66% zinc, 0.52% lead and 18.00 g/t silver.

Drilling has been audited and validated by Wardrop in accordance with CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines and within NI 43-101 guidelines by Bob Jankovic, P. Geo., an independent Qualified Person as defined by NI 43-101.

Mineral resources were classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (December 2005) by Bob Jankovic, P.Geo. of Wardrop Engineering, an independent Qualified Person as defined by NI 43-101.

Wardrop is not aware of any known environmental, permitting, legal, title, taxation, socio-economic, marketing or other relevant issues that could potentially affect this estimate of mineral resources. There is insufficient information at this early stage of study to assess the extent to which the mineral resources will be affected by these factors.

Zinc and lead recovery rates were based on the results from metallurgical tests reported 8 January 2008 (stated below). Mill recovery used for silver was 50%, based on historical data.

The near-surface deposit is amenable to open pit mining. The deposit remains open to the north where the continuation of a resistivity anomaly shows potential to extend the near-surface mineralization.

The property boasts excellent infrastructure with a power-line, railway and major highway transecting the property. These links provide immediate access to the Belledune seaport and lead smelter located within 25 km as well as Xstrata’s BMS No. 12 mine and mill within 75 km. Blue Note’s Caribou mine and mill, currently on care and maintenance status, is approximately 90 km by road from Nash Creek.

Preliminary metallurgical tests reported 8 January 2008 show projected mill recovery rates of 90.5% for zinc and 81.5% for lead. These tests produced a zinc concentrate grading 54.5% zinc, 0.9% lead, 5.7% iron and 115 grams per tonne silver as well as a lead concentrate grading 48.51% lead, 5.88% zinc, 16.83% iron and 160 grams per tonne silver.

Slam Exploration announces zinc - lead - silver resource at Nash Creek

SLAM Exploration Ltd. announces it has received a draft 43-101 Technical Report and resource estimate from Wardrop Engineering Inc. for its wholly-owned Nash Creek Project in New Brunswick.

Using a 2% Zinc Equivalent cut-off and after mill recoveries are factored in, Wardrop estimates the Nash Creek deposit contains an indicated resource of 7,807,900 tonnes grading 2.72% zinc, 0.55% lead and 18.26 g/t silver plus an inferred resource of 1,211,700 tonnes grading 2.66% zinc, 0.52% lead and 18.00 g/t silver.

Drilling has been audited and validated by Wardrop in accordance with CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines and within NI 43-101 guidelines by Bob Jankovic, P. Geo., an independent Qualified Person as defined by NI 43-101.

Mineral resources were classified according to the CIM Definition Standards for Mineral Resources and Mineral Reserves (December 2005) by Bob Jankovic, P.Geo. of Wardrop Engineering, an independent Qualified Person as defined by NI 43-101.

Wardrop is not aware of any known environmental, permitting, legal, title, taxation, socio-economic, marketing or other relevant issues that could potentially affect this estimate of mineral resources. There is insufficient information at this early stage of study to assess the extent to which the mineral resources will be affected by these factors.

Zinc and lead recovery rates were based on the results from metallurgical tests reported 8 January 2008 (stated below). Mill recovery used for silver was 50%, based on historical data.

The near-surface deposit is amenable to open pit mining. The deposit remains open to the north where the continuation of a resistivity anomaly shows potential to extend the near-surface mineralization.

The property boasts excellent infrastructure with a power-line, railway and major highway transecting the property. These links provide immediate access to the Belledune seaport and lead smelter located within 25 km as well as Xstrata’s BMS No. 12 mine and mill within 75 km. Blue Note’s Caribou mine and mill, currently on care and maintenance status, is approximately 90 km by road from Nash Creek.

Preliminary metallurgical tests reported 8 January 2008 show projected mill recovery rates of 90.5% for zinc and 81.5% for lead. These tests produced a zinc concentrate grading 54.5% zinc, 0.9% lead, 5.7% iron and 115 grams per tonne silver as well as a lead concentrate grading 48.51% lead, 5.88% zinc, 16.83% iron and 160 grams per tonne silver.

Crystallex Comments on Market Activity and Las Cristinas

TORONTO, ONTARIO, Nov 05, 2008 (MARKET WIRE via COMTEX News Network) --

Crystallex International Corporation (TSX: KRY)(NYSE-A: KRY) reported today that it is aware of certain comments related to the control of the Las Cristinas gold project attributed to the Ministry of Basic Industry and Mining ("MIBAM") in Venezuela. The Company has not been notified of any changes in position by the MIBAM regarding the Las Cristinas Project or the Mine Operating Contract ("MOC"). In addition, members of the Crystallex team have had meetings, as recently as today, with officials from MIBAM and the Corporacion Venezolana de Guayana ("CVG") and no issues were raised with regards to the control of Las Cristinas.



Crystallex continues to comply with its obligations under the MOC, retains its interest in and remains the builder and operator of the Las Cristinas gold Project. Crystallex will continue to press its case for the issuance of the Environmental Permit so that the Project can advance for the benefit of Venezuela, the local communities, the stakeholders and shareholders.

About Crystallex

Crystallex International Corporation is a Canadian based gold producer with significant operations and exploration properties in Venezuela. The Company's principal asset is the Las Cristinas property in Bolivar State that is currently under development at the initial planned production rate of 20,000 tonnes of ore per day. Crystallex shares trade on the TSX (symbol: KRY) and NYSE Alternext US (symbol: KRY) Exchanges.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including: statements relating to the estimated reserves and resources at Las Cristinas; anticipated results of drilling programs, feasibility studies or other analyses; the potential to increase reserves and expand production, at Las Cristinas; Crystallex's projected construction and production schedule, and cost and production estimates, for Las Cristinas; and management's statements regarding its expectations regarding mining in Venezuela. Forward-looking statements are based on estimates and assumptions made by Crystallex in light of its experience and perception of historical trends, current conditions and expected future developments, as well as other factors that Crystallex believes are appropriate in the circumstances. Many factors could cause Crystallex's actual results, performance or achievements to differ materially from those expressed or implied by the forward looking statements, including: gold price volatility; impact of any hedging activities, including margin limits and margin calls; discrepancies between actual and estimated production, between actual and estimated reserves, and between actual and estimated metallurgical recoveries; mining operational risk; regulatory restrictions, including environmental regulatory restrictions and liability; risks of sovereign investment; speculative nature of gold exploration; dilution; competition; loss of key employees; additional funding requirements; and defective title to mineral claims or property. These factors and others that could affect Crystallex's forward-looking statements are discussed in greater detail in the section entitled "Risk Factors" in Crystallex's Annual Information Form (which is included in the Annual Report on Form 40-F that Crystallex files with the United States Securities and Exchange Commission (the "SEC") and elsewhere in documents filed from time to time with the Canadian provincial securities regulators, the SEC and other regulatory authorities. These factors should be considered carefully, and persons reviewing this press release should not place undue reliance on forward-looking statements. Crystallex has no intention and undertakes no obligation to update or revise any forward-looking statements in this press release, except as required by law.

Contacts: Investor Relations Contact: Crystallex International Corporation Richard Marshall, VP 1-800-738-1577 Email: info@crystallex.com Website: www.crystallex.com

SOURCE: Crystallex International Corporation

mailto:info@crystallex.com http://www.crystallex.com
Copyright 2008 Market Wire, All rights reserved.

Starfire Minerals Inc. announces closing of $810,000 financing substantially with the MineralFields Group

Starfire Minerals Inc. announce that further to its news release of September 5, 2008, the Company has closed the first tranche of its non-brokered private placement and has issued a total of 8,100,000 flow through units (the “FT Units”) at $0.10 per FT Unit. $750,000 of this financing was purchased by the MineralFields Group.

Each FT Unit consists of one flow-through common share and one-half of one two year non-flow-through warrant, with each whole warrant being exercisable at a price of $0.20 per share in the first year and $0.30 per share in the second year, subject to forced acceleration in the event the Company’s shares close at a price of $0.35 per share in the first year and $0.45 per share in the second year for 20 consecutive trading days.

In connection with this closing, the Company paid a finder’s fee of: (i) $22,500 cash; (ii) 150,000 non-flow-through shares; and (iii) 750,000 warrants. Each warrant is exercisable into one non-flow-through common share at a price of $0.20 per share in the first year and $0.30 per share in the second year, subject to forced acceleration in the event the Company’s shares close at a price of $0.35 per share in the first year and $0.45 per share in the second year for 20 consecutive trading days.

All securities issued pursuant to this private placement are subject to a Canadian hold period expiring January 26, 2009.

Starfire Minerals Inc. is a professionally managed exploration company based in Vancouver British Columbia. The Company is listed on the TSX Venture Exchange (TSXV: SFR) and the Frankfurt Exchange (WKN 784574). The Company’s focus is the exploration of prospects for uranium, nickel and gold/base metals in Quebec, Ontario and British Columbia. The Company has optioned or ownership in 13 properties: seven uranium properties in Quebec and Ontario, five nickel properties in Ontario and one precious metal property in British Columbia.

High Grade Gold Samples From El Toro Project Reported by GoldQuest Mining Corp.

GoldQuest Mining Corp. report new sample results from its 100% owned El Toro project located in the central Dominican Republic. The El Toro project is excluded from the Gold Fields option agreement.

GoldQuest geologists have recently completed follow-up sampling on the 100% owned El Toro project located six kilometres northwest of the Las Animas project in the central Dominican Republic. El Toro comprises multiple mesothermal quartz veins defined over approximately 2.6 kilometres strike length with a northwest trend. The zone is approximately 1,000 meters wide and comprises several individual veins of up to 2.0 metres width, hosted in andesitic tuffs. Sampling of this zone returned 72 out of 182 rock grab and float samples (40%) with values greater than 1 g/t gold with a maximum value of 35.19 g/t gold. Fourteen samples returned gold values in excess of 10 g/t gold.

The property has now been geologically mapped and sampled in detail in preparation for trenching which will be started shortly. Exploration drill holes will subsequently be planned on the basis of trenching.

SANTA ANA & EL TUERTO PROJECTS

GoldQuest geologists have also initiated follow-up work on both the Santa Ana and El Tuerto properties. Both projects are also 100% owned by GoldQuest and excluded from the joint venture with Gold Fields.

Santa Ana is a zone of mesothermal quartz veins similar to that at El Toro located approximately six kilometres to the west. Reconnaissance sampling completed during the initial prospecting phase returned rock grab sample values up to 10.2 g/t Au.

El Tuerto is a significant area of anomalous stream sediment and rock grab and float sample geochemistry over several square kilometres area located approximately four kilometres west of Santa Ana and nine kilometres northwest of the Las Animas project. Preliminary sampling has given significant anomalies of copper, gold, silver and molybdenum in stream sediment and rock grab and float samples occur over a wide area centered on a large topographic high. Maximum values out of 53 rock grab and float samples are 6.7% Cu, 0.97 g/t Au, 32.8 g/t Ag and 0.08% Mo. Twenty-two rock grab and float samples (42%) returned values greater than 0.1% Cu including seven samples (13%) greater than 1.0% Cu. Mineralization is associated with quartz veins hosted by metabasic phyllites with quartz porphyry dikes and a diorite intrusion.

GoldQuest is a Vancouver based Exploration company focused on the Dominican Republic. Through regional grass-roots generative exploration and new geological models the Company has built a portfolio of new gold and copper discoveries including its 100% owned Las Animas Au-Ag-Cu-Zn project excluded from the Gold Fields joint venture.

The Acquisition of 22 Mining Claims announced by Bandolac Mining Company, Limited

Bandolac Mining Company, Limited announce the acquisition of 22 mining claims located in the Township of Cadillac, County of Abitibi, in the Province of Quebec, pursuant to a Purchase Agreement dated August 29, 2008 between the Company and Mr. Mitchell E. Lavery of Val-d’Or, Quebec.

In consideration for the claims, the Company issued 1,000,000 common shares, having a deemed value of $0.10/share. As a result of the issuance of the shares, Mr. Lavery owns approximately 25.4% of the 3,941,372 issued and outstanding shares of the Company and he is considered to be a control person as defined by the Securities Act of Ontario.

The shares were issued pursuant to the petroleum, natural gas and mining properties exemption from the prospectus and registration requirements available under National Instrument 45-106 and will be subject to a four month and one day restricted period on resale.

Bandolac Mining Company, Limited, is a junior mining exploration and development company, that is seeking out strategic opportunities to become a producer of precious and base metals through the exploration, development and operation of commercially viable properties.

Investor Day Held by GoldSpring, Inc. , on October 11th

GoldSpring, Inc. announced that it will host its first Investor Day at its Comstock property on October 11, 2008 from 10 am to 4 pm pacific time. The Day will consist of a comprehensive tour of its Comstock property, including the Hartford Complex, an overview of its mineral holdings and the property’s geologic setting and a discussion of the Company’s Preliminary Resource Report.

The new gold resource estimate, which includes 19 additional drill holes not included in the Company’s June 10, 2008 Preliminary Resource Report, is 510,000 ounces. This is an increase of approximately 30%, or 118,000 gold ounces, from the June report. Telesto Nevada, Inc., an independent engineering company, provided the estimate, and they are completing their formal report for GoldSpring. The Telesto report will be filed in an 8-K with the SEC upon receipt. The presentation will also include a demonstration of the computer modeling of the ore deposit at the Hartford Complex and a barbeque.

The Investor Day will also provide the opportunity to meet management and consultants for GoldSpring. Shareholders and potential investors are invited to attend at 1200 American Flat Road, Gold Hill, Nevada. The Company will be providing directions and general information about the Open House on its web page, http://www.goldspring.us/

“We are very excited about the recent global resource estimate, which showed a substantial increase in resources compared to the June 10th Preliminary Resource Report,” commented Jim Golden, GoldSpring’s Chief Operating Officer. “We are continuing our developmental drilling program at the Hartford Complex and are looking forward to receiving additional assay results. The upcoming Open House provides a great forum to showcase our land position and facility, elaborate on the vast opportunities discussed during our recent presentation in San Francisco, and to meet our investors. This is also a great chance for our investors to witness our progress first-hand.”

GoldSpring, Inc. is a North American precious metals mining company, focused in Nevada, with extensive, contiguous property in the Comstock Lode District. Our Company was formed in mid-2003, and we acquired two properties in the Comstock Lode before the end of the year. We secured permits, built an infrastructure and brought the exploration project into test mining production within a year of its acquisition. The Company, in 2005, began consolidating the Comstock Lode by acquiring additional properties in the district, expanding our footprint and creating opportunities for exploration and mining. We are an emerging company, looking to build on our success through the acquisition of other mineral properties in the Comstock Lode District with reserves or exploration potential. The Company’s objectives are to increase reserves through exploration, expand its footprint in the Comstock, resume mining, optimize its production, and maximize shareholder value.

Special Meeting of The Shareholders Held by Sherwood Copper Corporation

Sherwood Copper Corporation announced that it has set November 14, 2008 as the date for a special meeting of its shareholders to vote in respect of the business combination with Capstone Mining Corp., details of which were announced on September 8, 2008. Since the date of the announcement, Sherwood’s management has had discussions with the majority of its shareholders, who have indicated that they intend to support the transaction at the special meeting. Indications are expressions of intent and do not represent firm commitments and no lock up agreements have been entered into.

Transaction Rationale

Sherwood and Capstone also reiterated the benefits of the business combination by noting the following combined company attributes:

- Two high grade, low cost mining operations in pro mining jurisdictions - Sherwood’s Minto copper-gold mine and Capstone’s Cozamin copper-silver mine;
- Pro forma combined production of 37 million pounds of copper in concentrates at total cash costs of US$0.97 per pound in the first half of 2008 with higher production anticipated in the second half as both operations complete their ramp up to their expanded capacity;
- Pro forma cash flow from operations of US$75.7 million in the first half of 2008;
- Forecast production of 85 million pounds of copper in concentrates in 2008, increasing to 110 million pounds in 2009, with significant by-products of gold, silver, lead and zinc;
- Forecast total cash costs of under US$1.00 per pound of payable copper in 2008 and 2009, including all off-site costs and net of by-product credits;
- Continued focus on organic growth through exploration at existing mines, where resources have increased substantially over the past three years even before incorporating the results of major exploration programs carried out at both mines in 2008;
- Well funded pro forma combined entity, with exceptional cash flow generating capacity, that is well positioned to fund (a) continued growth at existing high grade Minto and Cozamin mines, (b) the advancement of the high grade Kutcho copper project towards a production decision, and (c) accretive merger and acquisition opportunities;
- Significant downside protection through the combined forward sales positions that extend into 2011 and beyond, yet with significant upside leverage to metal prices since more than half of the production will be delivered at spot prices during that period, before accounting for proposed production expansions (which would increase exposure to spot prices);
- A combined management team with complementary experience and a proven track record of building and profitably operating mines to create shareholder wealth, supported by a seasoned and experienced board of directors;
- Enhanced market exposure for Sherwood’s shareholders through access to Capstone’s TSX listing and increased weighting in the TSX composite index.

Sherwood and Capstone believe that their shareholders will benefit from the tax-effective combination of the two companies and the creation of a significantly enhanced business platform.

The special meeting of Sherwood’s shareholders will be held in the offices of Sherwood’s counsel, Dumoulin Black, on the 10th floor of 595 Howe Street, Vancouver BC at 10:00 AM on November 14, 2008. Additional information will be provided in the information circular to be mailed to Sherwood’s shareholders in October 2008.

Capstone is a Canadian based mining company currently operating the 100% owned Cozamin copper-silver-lead-zinc mine located in Zacatecas State, Mexico. The Cozamin Mine produced 6.7 million pounds of copper at a total cash cost of US$0.90 per pound in the three months ended June 30, 2008. Capstone has approximately 80.3 million shares outstanding and is well financed with no bank debt, and approximately US$100 million in working capital and marketable securities as of June 30, 2008, based on current share prices.

Additional information on Capstone Mining and its Cozamin Mine is available on Capstone’s website at http://www.capstonemining.com.

Sherwood Copper’s objective is the profitable production of base and precious metals from high grade, open pit mines in Canada. Sherwood’s first operating mine, the high grade Minto copper-gold mine in Yukon, Canada, was built on budget and ahead of schedule. The Minto Mine is one of the highest-grade open pit copper-gold mines in the world, and is a low cost producer. Aggressive exploration on the Minto property has yielded significant success, providing Sherwood the opportunity to ‘grow from within’ by expanding the resource and reserve base, potentially leading to further production increases. To further accelerate its production growth, Sherwood intends to pursue merger & acquisition opportunities that fit its business model and, in May 2008, Sherwood acquired 100% ownership in Western Keltic Mines (now Kutcho Copper Corp.), owner of the high-grade Kutcho copper-zinc-gold-silver deposit in northwestern British Columbia. Sherwood expects to lever off its successful development of the Minto Mine and rapidly advance the Kutcho project to a production decision. Sherwood has also agreed to combine with Capstone Mining, subject to requisite shareholder and regulatory approvals, creating a new low cost, growth oriented copper producer with two high grade mines and a strong balance sheet.

Additional information on Sherwood and its Minto Mine can be obtained on Sherwood’s website at http://www.sherwoodcopper.com.

The Project Relese of Lund Gold Ltd. and Noront Resources Ltd. in the “Ring of Fire” area of the James Bay Lowlands, Ontario

Lund Gold Ltd. and Noront Resources Ltd. to release the following project update on their Lund property in the “Ring of Fire” area of the James Bay Lowlands, Ontario.

Recent Vtem airborne surveys have been completed over the Lund-Noront project area, known as the Lund Property. Noront reports that two Vtem airborne geophysical anomalies are being scheduled for immediate follow up by Noront. The anomalies occur in an area of low magnetic amplitude, one of which is associated with a weak magnetic axis. Ground geophysical surveys, (magnetic and VLF) followed by diamond drilling are planned before freeze-up.

The Lund property consists of 13 claims that total 169 units. For terms of the agreement please refer to Lund news release dated February 4, 2008. Upon Lund satisfying the terms of the agreement to earn 50%, a joint venture will be formed with Noront acting as the Operator.

To find out more about Lund Gold Ltd., please visit www.lundgold.com. To find out more about Noront Resources Ltd., please visit www.norontresources.com.

BNP Paribas Gets An Exclusive Mandate to Act as Lead Arranger of a $US 66 Million Debt Financing Facility

Infinito Gold Ltd. announce that it has signed an engagement letter under which it has given BNP Paribas an exclusive mandate to act as lead arranger of a $US 66 million debt financing facility to complete the construction and start-up of Infinito Gold’s 100% owned Crucitas Gold Mine Project located in north central Costa Rica. The financing is subject to BNP Paribas completing its due diligence process, which has commenced, and settlement of the terms of the facility.

Infinito Gold is a gold exploration and development company based in Calgary, Alberta, in the process of transitioning from junior explorer to gold producer. The development of the Crucitas Gold Mine Project is underway in Costa Rica with gold production scheduled to begin in late 2009. This signifies a major step forward for Infinito Gold and its shareholders.

“We are pleased to be working with the BNP Paribas team to bring the Crucitas Gold Mine Project into production,” said John Morgan, President and CEO of Infinito Gold. Steven Dean, the Chairman of Infinito Gold, said “The combination of the proven financial capability of BNP Paribas coupled with the quality project team currently at work in Costa Rica gives us great confidence that this project will be developed in an environmentally and socially responsible manner to the benefit of our shareholders, employees and local stakeholders.”

On July 17, 2008 the Company announced the results of a feasibility study on the Crucitas Gold Mine Project prepared by Micon International Limited. The project economics set forth in this study are considered by the Company to be robust due to a number of factors including a low strip ratio of 0.6 tonnes of waste per tonne of ore, high gold recoveries averaging over 92 percent and a relatively low initial capital cost of $US 66.2 million. The mine operating costs are estimated to be below US$ 350 per ounce, net of silver credits. The feasibility study may be found with the Company’s filings at www.sedar.com. The forgoing scientific and technical information has been prepared under the supervision of Ian Ward P. Eng., a qualified person under NI 43-101, who is independent of the Company.

Construction has been underway since June of this year and several buildings have been completed on site along with access road improvements, bridge installation and site preparation. Most of the large mill components have been delivered to the site and the project is on schedule and on budget for completion in late 2009.

The Company announced on August 29, 2008 that it had completed a non-brokered private placement for an aggregate of $CDN 18 million with Exploram Enterprises Ltd. and Auro Investments Ltd. which funds are anticipated to supply the required funding for mine construction until the financing with BNP Paribas can be completed.

BNPP is an AA+ rated world class financial institution with a full range of product and distribution capabilities, including a dedicated group specializing in providing project finance services to the energy, metals and mining industries. A market leader, BNP Paribas ranked #1 global Mandated Lead Arranger in project finance by Thomson Financial in 2007.