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King’s Bay Gold Corporation announces the closing of a Private Placement

Winnipeg, MB – August 19 2008 - King’s Bay Gold Corporation (TSX.V: KBG) is pleased to announce the closing of a non-brokered private placement on August 18, 2008. An aggregate of 1,400,000 Units will be offered to subscribers resident in the Province of British Columbia, at a purchase price of $0.25 per Unit, for aggregate subscription proceeds of up to $350,000.00. Each Unit consisted of one Class "A" common share of the Issuer (a "Common Share"), issued as a "flow-through share" for the purpose of The Income Tax Act (Canada), and one Common Share purchase warrant (a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one Common Share of the Issuer at an exercise price of $0.30 per Warrant for a period of twenty-four months following the date of issuance. The Common Shares issued in connection with the offering will be subject to a hold period of four months plus one day in accordance with the policies of the TSX Venture Exchange and applicable securities laws. King’s Bay Gold Corporation intends to utilize the proceeds from this non-brokered private placement incurring Canadian Exploration Expenses.

Vancouver, B.C., August 15, 2008 – Ely Gold & Minerals Inc. (TSXV: ELY) is pleased to announce that it has entered into a lease agreement with Gold Range Company of Carson City, Nevada, for certain mineral claims located in White Pine County, Nevada.Situated in the southern portion of the Nevada's prolific Battle Mountain Gold Trend, the claims cover a two mile long graben structure proximal to the Company's Mount Hamilton and Shell gold deposits, where past production plus existing resources amount to more than 1.2 million ounces of gold in historic non-43-101 compliant resource estimates. Several historic mines occur on the PR Property within in the graben including the highly productive Mary Ellen and Belmont mines which were operated extensively during the late 1800's. Highly productive Mississippian age Pilot Shale, is down dropped and preserved within this graben.

Edmonton, Alberta – August 13, 2008 – Athabasca Minerals Inc. (TSX Venture: ABM) (the "Company") is pleased to announce the appointment of Mr. Kevin Spitzmacher, CA, CFA, CIM as Chief Financial Officer of the Company subject to approval of the TSX Venture Exchange. Mr. Spitzmacher is a chartered accountant with more than 20 years experience in the accounting profession and is a member of the Alberta Institute of Chartered Accountants. He also holds the chartered financial analyst and Canadian investment manager designations. Mr. Spitzmacher brings extensive regulatory and financing experience to the Company. His previous positions include six years with the Alberta Securities Commission and five years with a mid market corporate finance firm. Mr. Spitzmacher’s regulatory experience combined with the experience in corporate finance, including mergers, acquisitions and financing transactions, will assist Athabasca Minerals Inc. in executing its business plan and continuing its corporate growth.

August 13, 2008, Oracle Energy Corp ( “Oracle Energy”) (OCL-TSX.V)(O2E-Frankfurt) announces that it has been notified by Ventum that the J. Vela #1 well is now on stream and is currently producing to sales at approximately 500 MSCFD. This will hold 80 acres of the 640 acre lease. Oracle Energy has decided that other near term opportunities are more attractive than drilling a second well and accordingly has relinquished its interest in the remainder of the lease. Oracle Energy holds an 18.75% working interest in the J. Vela # 1 well. At Chitsey (Smackover) Field Unit the re-entry operations to re-establish oil production are actively underway. The project involves the secondary recovery or "water flood" of the field which had primary production of approximately 1,000,000 barrels of oil.

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Guyana Goldfields Inc

Guyana Goldfields Inc. (Guyana Goldfields) requested Snowden to prepare a scoping study to assess the economic potential of Guyana Goldfields’ Aurora Project in Guyana, South America. The scoping study was to be reported as a Technical Report prepared under the guidelines of the Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects (NI 43-101). This report constitutes a preliminary assessment as provided for under clause 2.3 (3) of NI 43-101.

Maximus Ventures Ltd

NFX Gold Inc

The Larder Lake property including the Cheminis, Bear Lake, Fernland and Barber Larder properties (collectively referred to as the “Larder Lake Property”), is located 35 kilometers (“km”) east of Kirkland Lake and 6 km west of Virginiatown, in Northern Ontario. The property is immediately adjacent to the north side of Highway 66 with coordinates 601,000E, 5,330,500N in Universal Transverse Mercator (“UTM”) NAD83, Zone 17. The Larder Lake Property consists of 62 patented mining claims, 1 claim covering surface rights only and 4 licences of occupation covering 1751 hectares in McVittie and McGarry Townships, within the Larder Lake gold mining district, approximately 7 km west of the gold mine (the “Kerr Addison Mine”) owned and operated by Kerr Addison Mines Ltd. (“Kerr Addison”). The claims and licences are 100% held by NFX Gold Inc. (“NFX”).

Noront Resources

TECHNICAL REPORT AND RESOURCE ESTIMATE ON THE EAGLE ONE DEPOSIT DOUBLE EAGLE PROPERTY MCFAULDS LAKE AREA JAMES BAY LOWLANDS, ONTARIO The following report was prepared to provide a Technical Report compliant with the provisions of National Instrument 43-101- Standards of Disclosure for Mineral Projects, (“NI 43-101”) and an independent Resource Estimate of the nickel, copper, platinum, palladium, gold (PGE) and silver mineralization on the Eagle One Deposit, Double Eagle Property, Sachigo Greenstone Belt, James Bay Lowlands, Ontario. This report was prepared by P&E Mining Consultants Inc., (“P&E”) at the request of Mr. Richard Nemis, President and CEO of Noront Resources Ltd., (“Noront”). Noront is a Toronto based company trading on the TSX Venture Exchange (TSX-V) under the symbol “NOT”.LATITUDE 52.45f N, LONGITUDE -86.17f W

SAGE GOLD INC

NI 43-101 TECHNICAL REPORT ON THE 2005 / 2006 / 2008 SURFACE DIAMOND DRILLING PROGRAMS PREPARED FOR THE KERRS GOLD PROPERTY
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Moly Mines Ltd.

Spinifex Ridge Mo-Cu Deposit Western Australia NI 43-101 Technical Report
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First Nickel Inc

GENIVAR Limited Partnership (GENIVAR) was retained by First Nickel Inc. (FNI), to prepare an independent report entitled: “Technical Report And Prefeasibility Study On The Depth Zone Of The Lockerby Deposit, Lockerby Mine, Sudbury Area, Ontario”. The purpose of the prefeasibility study was to assess the profitability of developing the Lockerby Depth deposit for production mining and extraction from below the current working levels. This Technical Report conforms to NI 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). GENIVAR visited the property and the underground mine on October 17 and 18, 2007.

Highbank Resources Ltd

GEOLOGICAL REPORT ON THE MACE MOLYBDENUM-COPPER PROSPECT CONNEMARA, COUNTY GALWAY, IRELAND
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Clifton Star Resources Inc

Technical Report on BEATTIE-DONCHESTER GOLD MINE PROPERTY DUPARQUET TOWNSHIP, QUEBEC. NI 43-101 Report
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Debuts Diamonds Inc

TECHNICAL (GEOLOGICAL) REPORT on the MACFADYEN PROPERTY” James Bay Lowlands, Porcupine Mining Division, Ontario, Canada Approximate center of MacFadyen Property @ Latitude ~ 52° 52’50” N (52.881° N), Longitude ~ 83° 57’25” W (83.957° W) UTM (NAD 83) Zone 17; 301 000m E, 5 863 000m N; NTS 43B/13 report originally prepared for RESSOURCES KWG INC. / KWG RESOURCES INC. 630 boul. René-Lévesque Ouest, Bureau 2930, Montréal, Québec, H3B 1S6 and transferred (without amendments) to KWG Resources' wholly owned subsidiary DEBUTS DIAMONDS INC.

Orca Minerals Limited

Technical Report On Bilbao Silver-Lead-Zinc Property Panfilo Natera Mining District State of Zacatecas, Mexico
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Crosshair Exploration

TECHNICAL REPORT ON THE CENTRAL MINERAL BELT (CMB) URANIUM PROJECT, LABRADOR, CANADA
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Orca Minerals-PEDERNALILLO TAILINGS PROJECT

TECHNICAL REPORT FOR THE MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES PEDERNALILLO TAILINGS PROJECT ZACATECAS STATE, MEXICO
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Orca Minerals-Panfilo-Natera-Mining-District

Technical Report On ORCA MINERALS LIMITED Panfilo Natera Mining District State of Zacatecas, Mexico
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VAALDIAM RESOURCES LTD

TECHNICAL REPORT ON THE RST DIAMOND EXPLORATION PROPERTY AND DUAS BARRAS DIAMOND MINE, MINAS GERAIS STATE, BRAZIL: PRESENTING DETAILS OF DIAMOND RESOURCES COMPLIANT WITH CANADIAN NATIONAL INSTRUMENT 43-101
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Peregrine Diamonds Limited

Property Description and Location
The WO Property is located approximately 300 kilometres north-northeast of the city of Yellowknife in the Northwest Territories, Canada to the southeast of the Diavik™ Diamond Mine (Figure 4-1 and Figure 4-2), centred at approximately 64o 20’ N latitude and 109o 50’ W longitude. It comprises 14 mineral claims (Table 4-1) and 3 mineral leases (Table 4-2; Figure 4-3) covering 15,107 ha. The claims and leases are in three main groups and one individual claim.

Uranerz Energy Corporation

Preliminary Assessment Nichols Ranch Uranium In-Situ Recovery Project Powder River Basin, Wyoming, U.S.A.
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SILVERCREST MINES INC

Scott Wilson Roscoe Postle Associates Inc. (Scott Wilson RPA) was retained by
SilverCrest Mines Inc. (SVL) to prepare an independent Technical Report on the Santa
Elena Silver-Gold Project (the Project), located in Sonora, Mexico. The purpose of this
report is to review the Pre-feasibility Study (the Study) prepared by SVL in February
2008. The Project comprises development of a 2,500 tonnes per day open pit mine with
processing by heap leach to produce gold-silver doré. This Technical Report conforms to
NI 43-101 Standards of Disclosure for Mineral Projects.

EAST-ASIA-MINERALS.pdf

The Sangihe Gold-Copper Project is located on the island of Sangihe off the northern coast
of Sulawesi in Indonesia. Since January 2007 East Asia Minerals Corporation (EAS) has
been undertaking exploration work mainly at the Binebase and Bawone prospects, two of
several gold and gold-copper prospects within the project’s Contract of Work (CoW)
application area. The CoW application covers an area of 42,000 hectares and is centred at
latitude 3° 26’ 12’’ N and longitude 125° 34’ 48’’ E (WGS84).

EurOmax Resources Limited

EurOmax Resources Limited (“EurOmax” or “Company”) has signed an agreement with Phelps Dodge Exploration Limited (“PDX”) to enter into an option agreement to acquire 100% of the Ilovitza Property. Phelps Dodge Inc. (“PD”) is a large copper mining company that has historically looked for large copper porphyry style deposits. PDX realized the significance of the above and was able to obtain several large areas which had the potential to host large copper/gold porphyry type deposits. PDX retains back in rights to the properties that EurOmax has under option including Ilovitza.

Mansfield Minerals Inc

Golder Associates Ltd. (Golder) has been retained by Mansfield Minerals Inc.
(Mansfield) to carry out an independent estimate of the mineral resources and mineral
reserves for the Lindero Deposit located in the Salta region, Argentina, and to prepare a
Technical Report conformable to NI 43-101 Standards of Disclosure for Mineral Projects.
This technical report has been written in support of the June 25th, 2008 press release
disclosing an updated mineral resource estimate for the project.

NorthGate Minerals

NI 43-101 Technical Report and Preliminary Assessment on the Young-Davidson Property, Matachewan, Canada
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Peregrine Diamonds Limited

Peregrine Diamonds Limited DO-27 Diamond Project Northwest Territories, Canada NI 43-101 Technical Report
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Normabec Mining Resources Ltd

UPDATED NI 43-101 TECHNICAL REPORT AND MINERAL RESOURCE ESTIMATE FOR THE REAL DE CATORCE PROPERTY SAN LUÍS POTOSÍ STATE, MEXICO.
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Silver Eagle Mines

TECHNICAL REPORT ON A PRELIMINARY FEASIBILITY STUDY OF THE MIGUEL AUZA PROJECT, MIGUEL AUZA, ZACATECAS, MEXICO PREPARED FOR SILVER EAGLE MINES INC.
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