Friday, August 5, 2011

Rodinia Lithium Provides Update on the Salar de Diablillos Project

Rodinia Lithium Inc.

TSX VENTURE : RM
OTCQX : RDNAF

August 04, 2011 10:57 ET

- Diamond Drilling Successfully Confirms Sand and Gravel Dominant Lithologies
- Additional Aquifer Identified in the Fractured Basement, Potentially Increasing Resource
- First Pump Test Well Successfully Drilled and Installed
- Two of Three Planned Monitoring Wells Completed

TORONTO, ONTARIO--(Marketwire - Aug. 4, 2011) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to provide an update on progress at its Salar de Diablillos project ("Diablillos" or "Salar") located in Salta Province, Argentina. Diamond drilling on the Salar commenced during the first week of July and has successfully confirmed the dominant lithologies identified by the Company's extensive reverse circulation drilling campaign. The vast majority of the lithologies intersected during diamond drilling have been sand and gravel. Both of these units tend to produce acquifers with high specific yield values and are seen by management as favourable for production wells.

In addition, the Company is pleased to announce that drilling and installation of the first pump test well is complete. The first pump test will take place at the site where D-RC-16 was drilled. Two of three planned monitoring wells have also been drilled and are in the process of being screened.

William Randall, President & CEO of Rodinia, commented "The lithologies intersected during diamond drilling confirm the favourable aquifer properties identified during reverse circulation drilling last year. This is a major step towards de-risking the project and will provide a great deal of certainty as to the potential of the deposit. Having completed the first pump test well, we are now well on our way to defining the productive capacity of Diablillos."

Diamond drill holes D-DD-01 and D-DD-02 have been completed, intersecting the basement at 186 metres and 102 metres respectively. The drill holes continued within the basement encountering highly fractured material with brine from 102 to 156 metres in the case of D-DD-01. This represents a potential aquifer that was not included in the previously reported recoverable resource estimate. Rodinia will issue a detailed press release on holes D-DD-01 and D-DD-02 once sample results have been received from the laboratory.

The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and be stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m³ grading 556 mg/L lithium and 6,206 mg/L potassium.

Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.

The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101. Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.

Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program at the Diablillos property and results of such drill program; the potential of the Diablillos property; anticipated timing with respect to the completion of a preliminary economic assessment, the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

Investor Cubed Inc.
Investor Relations
+1 (647) 258-3311

Rodinia Lithium Inc.
Aaron Wolfe
Vice-President, Corporate Development
+1 (416) 309-2696
info@rodinialithium.com
www.rodinialithium.com

Wednesday, August 3, 2011

Ballard Power Announces Dantherm Power Agreement with Delta Power Solutions of India!

--  Collaboration agreement provides a managed approach to address
        telecom backup power market opportunity

Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) today announced that Dantherm Power, the backup power systems company in which it has a controlling interest, has signed a collaboration agreement with Delta Power Solutions (India) Pvt. Ltd. [Delta] to market clean energy fuel cell power solutions in the India telecommunications sector. Delta Power Solutions (India) is a subsidiary of Delta Electronics (Thailand) PLC, part of the Delta Group, the world's leading energy saving solutions provider.

Under the agreement, Dantherm Power and Delta will jointly work to deploy product field trials comprised of Dantherm Power's direct hydrogen 2-kilowatt (kW) DBX2000 fuel cell system as well as its 5kW DBX5000 fuel cell system, which will be integrated by Delta, along with its Site Management & Control System (SMCS), and deployed at telecom customer sites in India. Delta will take responsibility for installation, commissioning, maintenance and management of these field deployments. These sites will be remotely monitored by Delta's Network Operation Centre (NOC).

John Sheridan, CEO of Ballard and Chairman of Dantherm Power said, "This agreement represents an effective, managed approach to backup power market development in India. Delta will leverage its existing telecom industry relationships in order to identify interested customers, and Delta will provide on-the-ground support throughout the trial period. Onsite expertise and customer support is the key to gaining traction with solutions that are new to the market, such as fuel cells in the India telecom sector."

These field trials will enable an informed assessment of the commercial market opportunity, including identification of appropriate fuel cell solutions. Commercial deployments in India would then benefit from Delta's in-country marketing, sales, distribution and servicing capabilities.

Dalip Sharma, Managing Director of Delta Power Solutions said, "We are very pleased to be working with PEM fuel cell products from premier providers such as Dantherm Power and Ballard. This collaborative partnership has all the right elements for a successful evaluation of the market opportunity and for potentially large-scale product roll-out down the road."

Delta Power Solutions serves many of the largest service and infrastructure providers in the Indian telecom industry, including Indus, Bharti, Vodafone, Reliance and Idea Cellular.

About Ballard Power Systems Ballard Power Systems (TSX: BLD) (NASDAQ: BLDP) provides clean energy fuel cell products enabling optimized power systems for a range of applications. Products are based on proprietary esenciaTM technology, ensuring incomparable performance, durability and versatility. To learn more about Ballard, please visit www.ballard.com.

About Delta Group Delta Group is the world's leading provider of power management and thermal management solutions, as well as a major source for components, visual displays, industrial automation, networking products and renewable energy solutions. Delta Group has sales offices worldwide and manufacturing plants in Taiwan, China, Thailand, Japan, Mexico, India, Brazil and Europe. As a global leader in power electronics, Delta's mission is "To provide innovative, clean and efficient energy solutions for a better tomorrow." Delta is committed to environmental protection and has implemented green, lead-free production and recycling and waste management programs for many years. More information about Delta Group can be found at www.deltaww.com.

About Delta Power Solutions (India) Delta Power Solutions (India), is a 100% subsidiary of Delta Electronics (Thailand) PLC, part of the Delta Group, a leading multinational with headquarters in Taiwan with 6.6 billion USD revenue for 2010. Delta Power Solutions (India) is a world-class provider of power management solutions in the areas of telecom power supplies, uninterrupted power supply, industrial automation, components, Renewable Energy and display solutions. The group has been operating in India since 1992. The company is responsible for developing business in the SAARC region and is also recognized as the "Centre for Technical Excellence" for the SAARC region. The company has an impressive installation base with regional support centers all over India and the SAARC region. Delta has been awarded ISO 9001:2000, ISO 14001:2004 and OHSAS 18001:1999 certifications by Underwriters' Laboratories, USA, for Quality, Procedures, and Environment management.

This release contains forward-looking statements, including anticipated market development and product cost reductions, which are provided to enable external stakeholders to understand Ballard's expectationsas at the date of this release and may not be appropriate for other purposes. These forward-looking statements are based on the beliefs and assumptions of Ballard's management and reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such assumptions relate to Ballard's financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand, and include matters such as generating new sales, producing, delivering and selling the expected number of units, and controlling its costs.

These statements involve risks and uncertainties that may cause Ballard's actual results to be materially different, including, without limitation, the condition of the global economy, the rate of mass adoption of its products, product development delays, changing environmental regulations, its ability to attract and retain business partners and customers, its access to funding, increased competition, its ability to protect its intellectual property, changes in its customers' requirements, foreign exchange impacts on its net monetary assets and its ability to provide the capital required for product development, operations and marketing. For a detailed discussion of these risk factors and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form.

Readers should not place undue reliance on Ballard's forward-looking statements and Ballard assumes no obligation to update or release any revisions to these forward looking statements, other than as required under applicable legislation.

Further Information Media: Guy McAree, +1.604.412.7919,media@ballard.com Investor Relations: Lori Rozali, +1.604.412.3195,investors@ballard.com
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/July2011/27/c7872.html
SOURCE: Ballard Power Systems Inc.

Media: Guy McAree, +1.604.412.7919,media@ballard.com Investor Relations: Lori Rozali,
+1.604.412.3195,investors@ballard.com

More: Toronto Globe and Mail, Aug 3rd:

Ballard Power Systems () announced its consolidated second-quarter financial results. In its 2011 business outlook, Ballard confirmed its full-year guidance for revenue growth in excess of 30 per cent. “As previously noted, the company expects revenue to be weighted toward second half of the year, with growth driven by accelerating momentum in all four fuel cell product markets, particularly bus,” it said. Ballard also confirmed its full-year guidance for adjusted EBITDA improvement in excess of 40 per cent. “This improvement trajectory is expected to be supported by the revenue growth outlined above, a shift in mix toward higher margin products and continuing reductions in both product costs and cash operating cost base.”

Tuesday, August 2, 2011

Brigus Gold intersects high grade gold zone at Black Fox Mine.

Image by hto2008 via Flickr

Aug 2, by Business Wire

Brigus Gold Corp. ("Brigus" or the "Company") (NYSE Amex: BRD) (TSX: BRD) is pleased to announce continued excellent results within the 147 Zone including 20.11 grams per tonne ("gpt") over 16.00 metres ("m") which includes 34.06 gpt over 5.00 m.

"This is one of the best intercepts within the 147 Zone thus far," said Howard Bird, VP of Exploration for Brigus Gold. "This new discovery continues to deliver high grade gold over significant widths."
The 147 Zone remains open in all directions and at depth. Additional highlights from continued drilling include (all uncut, average gold grades over core length):

147 Zone
-- GF11-199: -- 6.05 gpt over 4.00 m;
-- GF11-201: -- 8.81 gpt over 4.00 m; and
-- 2.99 gpt over 24.00 m; -- including 5.37 gpt over 12.00 m
-- GF11-207: -- 2.51 gpt over 9.95 m; and
-- 3.84 gpt over 25.50 m; -- including 14.38 gpt over 5.00 m
-- GF11-244: -- 20.11 gpt over 16.00 m; -- including 34.06 gpt over 5.00 m
-- including 19.93 gpt over 7.00 m

The 147 Zone is located on the southern portion of Brigus' 100%-owned Black Fox Complex, four kilometres from the Company's Black Fox gold mine. The Black Fox Complex covers an area of approximately 18 square kilometres within the Timmins Mining District, Ontario. The 147 Zone gold mineralization primarily occurs within multiple quartz and carbonate healed brecciated zones within bleached units of mafic volcanics.

Drilling at the 147 Zone is progressing as planned with three drill rigs. The fourth and fifth drill rigs are in-fill drilling and testing the down-dip continuity of the Contact Main Zone located approximately 400 m to the north of the 147 Zone. A sixth drill rig has been contracted to commence drilling the second week of August and will test known gold bearing structures, as well as new potential gold bearing targets defined from the recent induced polarization and magnetic geophysical surveys within the Black Fox Complex.
The 147 Zone drill holes are listed in Appendix 1 and a drill-hole location map is included in Appendix 2. All are posted on the Company's website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Brigus exploration team. All sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold's quality control checks include insertion of blanks, standards and duplicates to ensure laboratory accuracy. Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox Complex in the Timmins gold district of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and Mill, and adjoining Grey Fox-Pike River property, all in the Township of Matheson, Ontario, Canada. Brigus is also advancing its Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus has a letter of intent to sell 75% of its Ixhuatan silver-gold projected located in the state of Chiapas. In the Dominican Republic, Brigus has a letter of intent to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve targeted gold production at its Black Fox Mine, including underground production, and cash costs, mill expansion results, meet capital construction schedules and costs, and the continuation of a rising gold price are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.
Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus Gold's most recent Annual Information Form and Management Discussion and Analysis filed under the Company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov as well as elsewhere in Brigus' documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson, CA 
Vice President Investor Relations 
902-422-1421 
jnicholson@brigusgold.com

Expert Analysis

Kerry Smith, Haywood Securities (7/28/11) "Brigus Gold Corp. rates a Sector Outperform with the release of assays from nine more holes, of which six holes returned significant assays in the recently named 147 Zone located 4 km. to the southeast of the Black Fox mine. . .the best hole (GF11-244) hit 20.11 g/t over a core width of 16m, including 34.06 g/t gold over 5m. . .assays continue a trend of high-grade results in many of the holes, with most of the assays returning 3m–4m widths grading 6–9 g/t gold. . .this zone continues to demonstrate a very high hit ratio with over 70% of the holes delivering ore-grade intercepts. So far this zone is showing reasonable down-dip continuity typical of the Timmins camp and we expect further positive results over the year as the company continues its planned 25,000m of drilling."

The Gold Report Interview with Mike Niehuser (7/6/11) "We also were on Brigus Gold's analyst day visiting their Black Fox gold mine and mill near Timmins, Ontario. Management has succeeded in eliminating the hedge book and reducing debt. Brigus has about $29M in cash and expects to produce over 73 Koz. of gold in 2011 at about $625/oz. As the company ramps up underground outputs with higher grades, production is expected to increase to over a 100 Koz. in 2012 and costs should drop. In addition to this scheduled upside in the near term, the area is known for deep underground gold mining. Brigus has had great exploration success near surface down the trend in the Contact and 147 Zone. Together, this indicates good potential to increase production and the life of the mine. Improving prospects in the near and midterm should lead to Brigus achieving an entirely new investment profile."

Kerry Smith, Haywood Securities (7/6/11) "Brigus Gold has released assays from six more holes, all with significant assays, in the newly named '147 Zone' located 4 km. to the southeast of the Black Fox mine: The best hole (GF11-206) hit 3.94 g/t over a core width of 24.2m, including 6.86 g/t over 11.8m. Assays, now to a vertical depth of 240m in hole GF11-206, continue a trend of high-grade results in many of the holes."

Kerry Smith, Haywood Securities (6/21/11) "In Q111, Brigus Gold produced 8,772 oz. Au (in line with our model) at a cash operating cost of US$1,097/oz. (lower than our estimate); as previously noted, Black Fox had a difficult Q111, as ore from the Phase II open pit was not available to feed the mill (open-pit ore was sterilized by the old underground ramp and vent raise, and could not be mined until this old infrastructure was decommissioned and moved). Commercial production from Phase II was achieved in April, and underground production continues to ramp up with commercial production expected this month. . .the 147 Zone discovery has the potential for up to 200 Koz. for every 100m of vertical extent—a very significant discover, though in early stages, is delivering some excellent grades and widths."

HRA Dispatch (6/21/11) "Brigus Gold has released its Q1 results, which essentially boil down to management contending that the basic pain from the Black Fox refit is behind it; BRD expects to generate 73&38211;80 Koz. this year at a cash cost of about $600/oz. Drill results out yesterday show both high-grade and bulk-tonnage intercepts are well above current averages."

Wednesday, July 27, 2011

Brigus Gold reports 80% increase in production in Q2 - Outlook bullish for Q3 and Q4 2011

Image via Wikipedia

Brigus Gold Provides Second Quarter Update Jul, 2011 by Business Wire

Brigus Gold Corp. ("Brigus" or the "Company") (NYSE Amex: BRD) (TSX: BRD) is pleased to report operating results from the second quarter ended June 30, 2011 and provide an update on continuing progress at its Black Fox Mine.

-- The Black Fox Mine produced 15,688 ounces of gold in the second quarter of 2011 (April to June), an 80% increase over first quarter production. Production was 5% below the expected range for the quarter due to a slower than expected ramp up in production from the underground mine. The Company is making steady progress in building its underground mining workforce in the tight and competitive labour market of Timmins, Ontario. Slower recruitment of qualified staff, along with additional required staffing changes, delayed underground development in the second quarter.

-- For the second quarter of 2011, Brigus processed 181,488 tonnes at an average grade of 2.86 grams per tonne and an average recovery of 94.1%. Over half of the production for Q2 was mined from the Phase 2 open pit while the remainder was split evenly between the underground mine, including development ore, and existing low grade stockpiles.

-- Mill throughput averaged 1,994 tonnes per day during the second quarter and 2,115 tonnes per day in the month of June. -- Ore production from both the Phase 2 open pit and underground mine began at the end of March 2011 and has been ramping up since then. Commercial production was achieved from the Phase 2 open pit in April 2011 and commercial production is expected in the underground mine in July 2011.
-- Underground production is a combination of ore from the four mining stopes that are currently open and lower-grade development ore. Four new mining stopes will be open during the third quarter. Underground production is expected to increase to 800 tpd during the third quarter and approximately 1,000 tpd by year-end. The mine plan calls for 10 to 12 mining stopes to be available by year-end.

-- The Phase 2 open pit is currently providing 1,000 to 1,500 tpd of ore that together with underground production and when necessary, low-grade stockpiles, is maintaining the Black Fox Mill's 2,000 tpd throughput capacity. As higher-grade underground ore production increases through the year, mining from the open pit will continue however lower-grade ore will be stockpiled.

-- Open pit mining was restricted during Q1 2011 while relocation and construction of underground mine infrastructure was completed in the pit area. During Q1, production from low-grade stockpiles was approximately 8,700 ounces of gold as previously reported. With ore provided from both open pit and underground, gold production levels have significantly increased in Q2 and will continue to increase quarter over quarter throughout 2011.

-- The Company announced at the end of June that it would proceed with an initial expansion of the Black Fox Mill, which is expected to be completed, and in service, during the first quarter of 2012. This initial expansion will increase processing capacity at the Mill to 2,200 tonnes per day (tpd). Processing capacity and recovery will be increased through optimization of existing equipment, some equipment additions and elimination of production losses.

-- The Company continues to report excellent drilling results from its newly discovered 147 Zone. The Zone now extends to a vertical depth of 240 metres below surface and remains open in all directions. Drilling at the 147 Zone is progressing as planned with four drill rigs. The fifth drill rig is in-fill drilling the Contact Main Zone located approximately 400 m to the north of the 147 Zone and a sixth rig will be added in early August.

"Production continues to ramp up at the Black Fox Mine," said Rick Allan of Brigus.
"Underground development is still in the early stages. As additional stopes are opened this quarter, gold production will continue to increase. Stronger production and ongoing positive drilling results from our newly discovered 147 Zone are catalysts for a positive second half of the year."

About Brigus Gold
Brigus is a growing gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The company operates the wholly owned Black Fox Mine and Mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox Mine and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits.

In Mexico, Brigus Gold holds a 100 percent interest in the Ixhuatan Project located in the state of Chiapas that is subject to a letter of intent with Cangold. In the Dominican Republic, Brigus has a joint venture covering three mineral exploration projects that is subject to a letter of intent with Everton Resources.

Cautionary and Forward-Looking Statements
Statements contained in this news release that are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the ability of the Company to achieve targeted gold production at its Black Fox Mine, including underground production, and cash costs, meet capital construction schedules and costs, and the continuation of a rising gold price are forward-looking statements and estimates that involve various risks and uncertainties. This forward-looking information includes, or may be based upon, estimates, forecasts, and statements as to management's expectations with respect to, among other things, the issue of permits, the size and quality of the company's mineral resources, progress in development of mineral properties, future production and sales volumes, capital and mine production costs, demand and market outlook for metals, future metal prices and treatment and refining charges, and the financial results of the Company.

Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading "Risk Factors" in Brigus Gold's most recent annual report on Form 10-K filed with the United States Securities and Exchange Commission and elsewhere in Brigus Gold's documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex Equities, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

SOURCE: Brigus Gold Corp.

Brigus Gold Corp. 
Jennifer Nicholson CA 
Vice President, Investor Relations 
902-422-1421 
ir@brigusgold.com

Friday, July 22, 2011

Nautilus Minerals is leading the undersea mining business of the 21st century.

Nautilus Minerals Inc.

TSX : NUS
AIM : NUS

July 22, 2011 08:31 ET

Nautilus Awarded Exploration Tenements in Eastern Pacific

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2011) - Nautilus Minerals' (TSX:NUS)(AIM:NUS) Tongan subsidiary, Tonga Offshore Mining Ltd. ("TOML"), has become one of the first private sector organizations to be granted exploration licences in the highly prospective Clarion Clipperton Zone ("CCZ") of the Eastern Pacific.

Sponsored by the Tongan Government, TOML has been granted approximately 75,000 km² of prime exploration territory in the CCZ, which lies in international waters between Hawaii and Mexico.
As a result of exploration conducted in the 1980s, the CCZ is known to host significant deposits of polymetallic nodules, which are golf ball sized nuggets, rich in copper, nickel, manganese and cobalt, lying on the seafloor in water depths starting at 4500 metres.

The International Seabed Authority, which is the organization responsible for administering activity on the seafloor in international territory, made the historic decision to grant the TOML licence at its annual meeting in Jamaica this week. The licence is for an initial period of 15 years.

Nautilus CEO Steve Rogers said the award of the exploration permit presented exciting opportunities for the long term growth and expansion of the company.

"At Nautilus, with our first project at Solwara 1 in the Bismarck Sea, (Gold) we are adapting technologies to access seafloor mineral resources in water depths of 1600 metres. Ultimately, we intend to seek to establish the capacity to expand operations to undertake larger scale projects envisaged in the deeper waters of the CCZ.

"Nautilus is pleased to be at the forefront of development, working with industry and the scientific community to establish methodologies and processes to develop these significant resources in ways that are socially and environmentally responsible," he said.

The ISA previously has awarded eight exploration permits to government entities for polymetallic nodule exploration, but has not previously granted licences to private sector organizations. TOML's application for exploration permits represented "a new milestone in the life of the (International Seabed) Authority," according to ISA Secretary General Nii Allotey Odunton.

Links
Map of TOML's tenements: www.nautilusminerals.com/i/pdf/TOMLJuly2011.pdf

About Nautilus Minerals Inc.
Nautilus is the first company to commercially explore the ocean floor for polymetallic seafloor massive sulphide deposits and is currently developing its first project at Solwara 1, in the territorial waters of Papua New Guinea in the western Pacific Ocean. Nautilus is listed on the TSX and AIM stock exchanges, and has among its largest shareholders two of the world's leading international resource companies Anglo American (11.1%) and Teck Resources (6.8%), as well as Metalloinvest, one of the largest and fastest growing mining and metallurgical holding companies in Russia, which beneficially owns 21.0% of the Company's issued shares through Gazmetall Holding (Cyprus) Limited.

Neither the TSX nor the London Stock Exchange accepts responsibility for the adequacy or accuracy of this press release.

Contact Information

Nautilus Minerals Inc.
Investor Relations
+1 (416) 551 1100
investor@nautilusminerals.com

Nautilus Minerals Inc.
Joe Dowling
Vice President Investor Relations and Communications
+61 (7) 3318 5544 or Cell: +61 431 365 741
jjd@nautilusminerals.com
www.nautilusminerals.com

Numis Securities Limited
John Harrison
Nominated Adviser
+ 44(0) 20 7260 1000

Numis Securities Limited
James Black
Corporate Broking
+ 44(0) 20 7260 1000

Thursday, July 14, 2011

Talison Lithium Announces Preliminary Fiscal Year 2011 Production Results

Perth, Western Australia, July 14, 2011 – Talison Lithium Limited (“Talison” or the “Company”) (TSX:TLH) today announced its preliminary sales volume and production results for the three months (“Q4 2011”) and the twelve months (“FY2011”) ended June 30, 2011. The Company also provided an update on its three growth projects encompassing progress in its Australian capacity expansion, lithium minerals conversion plant and South American salar exploration program.

Preliminary Results

Robust Growth in Sales Volume and Record Production

Compared to the previous year, FY2011 sales volume increased 32% to 339,501 tonnes lithium concentrate (or approximately 50,000 tonnes lithium carbonate equivalent (“LCE”)). FY2011 production was 342,097 tonnes lithium concentrate (approximately 51,000 tonnes LCE), a 30% y/y increase.

Compared to the year-earlier period, Q4 2011 sales volume increased 5% to 92,416 tonnes lithium concentrate (approximately 14,000 tonnes LCE). The Company produced a record 89,505 tonnes of lithium concentrate in Q4 2011 (approximately 13,000 tonnes LCE), a 25% y/y increase. Sales of lithium concentrates are made in large shipments to customers and consequently this may result in variations between production and sales in individual quarters.

The sales volume and production figures represent continued robust growth for Talison. The Company’s Greenbushes Lithium Operations is fully utilizing the new capacity created both by its Stage 1 Expansion and ongoing process improvement programs. Demand remains strong for all of the Company’s technical and chemical grade lithium concentrate products and Talison continues to maintain its dominant position in the rapidly growing Chinese lithium market.

Peter Oliver, Chief Executive Officer, commented, “We are extremely pleased with the growth in our sales volume and production. The Greenbushes Lithium Operations is the highest grade lithium mineral resource in the world, and completion of the current expansion will ensure Talison is highly leveraged to a stronger lithium price in a world where security of supply is expected to become increasingly important as governments look to reduce reliance on oil imports and decrease carbon dioxide emissions.”

Guidance for Fiscal 2012

During fiscal year 2012, Talison expects that demand will remain strong for its entire suite of products. A full year contribution from the Stage 1 Expansion of the Greenbushes Lithium Operations is anticipated and Talison expects both production and sales to be capacity constrained until completion of the Stage 2 Expansion in Q4 fiscal year 2012.

Peter Oliver added “We are very optimistic about the outlook for Talison as a result of the rapidly changing supply/demand dynamics developing in the lithium industry. Recent substantial price increases from other lithium suppliers are reflective of a tightening in supply conditions while global demand remains strong. In anticipation of sustained growth in lithium consumption, driven primarily by the secondary lithium battery market, Talison is investing heavily in its three growth projects.”

Growth Projects

Greenbushes Stage 2 Expansion On Schedule and On Budget

The Stage 2 Expansion at the Greenbushes Lithium Operations is proceeding on schedule and on budget. Earthworks are largely complete, concrete was poured for the finished product stockpile, and the foundation framework for the two new ball mills is being erected. The Company continues to expect commissioning of the Stage 2 Expansion during the second calendar quarter of 2012 (fiscal Q4 2012). Upon completion, the Stage 2 Expansion will double the current production capacity at Greenbushes. Total nameplate production capacity will increase to approximately 740,000 tonnes per annum lithium concentrate (approximately 110,000 tonnes per annum LCE).

Proposed Minerals Conversion Plant

Responding to growing global demand for an additional secure supply of lithium carbonate, particularly from electric vehicle battery manufacturers, Talison is focusing heavily on its proposed plant to convert lithium minerals into lithium carbonate (“Minerals Conversion Plant”). Plant capacity is proposed to be 20,000 tonnes per annum LCE in the first stage, and an additional 20,000 tonnes per annum LCE in the second stage.

Basic engineering and location studies for the Minerals Conversion Plant have commenced. The location study is evaluating several Western Australian locations, including at the Greenbushes Lithium Operations, and one overseas location. An external engineering consultant has been appointed to expand on previously completed scoping studies and prepare an updated estimate of capital costs. Discussions with potential customers regarding future lithium carbonate requirements and specifications are also underway.

Talison has employed additional technical and marketing personnel to drive this project. Based on its analysis of the supply/demand conditions in the lithium industry, the Company is targeting commissioning for the Minerals Conversion Plant in fiscal year 2015.

Salares 7 Project – Second Phase Exploration Program

Following the receipt of outstanding results for both lithium and potassium from the initial drilling at the Salares 7 Project in Chile, Talison is accelerating its exploration program. Talison is currently designing the next phase (Phase 2) of its exploration program and a new custom built sonic drill rig with specific capabilities to suit the ground conditions at the Salares 7 Project is being assembled.

The Phase 2 exploration program will commence in the next Chilean field season and Talison expects to invest approximately US$5 million on the program in fiscal year 2012. The Phase 2 program includes further drilling at Salar de la Isla, sufficient to form the basis for a potential lithium mineral resource estimate, as well as additional drilling at Salar de Las Parinas, and initial drilling at Salar de Aguilar and Salar Grande.

Talison is also initiating process test work studies to assist in designing a processing facility for the project, and collecting baseline environmental data, an activity that will need to continue for several field seasons, to be incorporated into the facility permitting procedures.

To view the entire press release please visit:
http://www.talisonlithium.com/media/17459/110714_tll reports fourth quarter production results.pdf

Please find the updated Talison Corporate Presentation contained in the link below:
http://www.talisonlithium.com/media/17020/tlh_investor presentation 4 may 2011.pdf

Please visit our website at:
http://www.talisonlithium.com/

Wednesday, July 13, 2011

Rodinia Lithium Announces Up to 1,800 mg/L Lithium from Aquifer I Pit Sample Results

Rodinia Lithium Inc.

TSX VENTURE : RM
OTCQX : RDNAF

July 13, 2011 07:30 ET

- Brine Samples from Surface Pits Return Grades Up to 1,800 mg/L Lithium and 13,000 mg/L Potassium

- Samples Taken from Surface Pits Resulting from Mining of Ulexite

- Represent Highest Grade Sample Results from Diablillos

- Samples Were Taken from Aquifer I, Opening Up the Potential to Recover the Brine from This Aquifer by Open Pit or Trenching

TORONTO, ONTARIO--(Marketwire - July 13, 2011) - Rodinia Lithium Inc. ("Rodinia" or the "Company") (TSX VENTURE:RM)(OTCQX:RDNAF) is pleased to announce results from an additional surface sampling program at its Salar de Diablillos project ("Diablillos" or "Salar") located in Salta Province, Argentina. Results from three large surface pits, a result of current surface mining of ulexite within the top three meters of the Salar, returned high grade values of lithium ("Li"), potassium ("K") and boron ("B"). In particular, samples P8 and P9 returned the highest lithium values sampled on the Salar, with values up to 1800 mg/L Li, 13000 mg/L K, and 990 mg/L B.

William Randall, President & CEO of Rodinia, commented, "The results from these samples are a very pleasant surprise as they are considerably higher grade than our previous surface sampling program, performed with an auger drill. What makes these samples even more encouraging is the fact that they were collected following a period of intense rainfall, possibly the largest in recorded history, meaning that these samples have probably not been further concentrated from their original geochemistry. This is a major development in the definition of Aquifer I. We will now look at the possibility of developing this aquifer through a series of pits or trenches, in a similar way to the brine potash mines of the Utah Salt Flats. Management remains optimistic that this may potentially provide the Company with high grade, low cost initial production with respect to the Salar."

Table 1 – Results from pit samples P7, P8 & P9 – All samples taken in the same area of the Salar.

Sample	Li (mg/L)	K (mg/L)	B (mg/L)	Mg:Li	SO4:Li
P7	590	6100	650	4.41	16.44
P8	1800	13000	840	3.39	6.67
P9	1400	13000	970	3.36	8.57

The pit samples maintain the favourable geochemistry of the Salar's brine, which is characterized by low magnesium to lithium ratios and distinctively low sulphate to lithium ratios. Lower sulphate levels can reduce the need for expensive reagents, such a calcium chloride ("CaCl2"), during the conventional evaporation processing techniques expected to be employed at the Salar.

The Project is supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a qualified person, as defined by National Instrument 43-101, and has reviewed and approved the scientific and technical information in this release. According to the Company's sampling protocol, sample size is to exceed 500 millilitres and is stored in clean, secure containers for transportation. The prepared samples are then forwarded to the ALS Laboratory Group, Environmental Division, in Fort Collins, Co (USA) for analysis. A rigorous QA/QC program is implemented consisting of regular insertion of standards and blanks to ensure laboratory integrity.

About Rodinia Lithium Inc.:
Rodinia Lithium Inc. is a Canadian mineral exploration and development company with a primary focus on Lithium exploration and development in North and South America. The Company is also actively exploring the commercialization of a significant Potash co-product that is expected to be recoverable through the lithium harvesting process.

Rodinia's Salar de Diablillos lithium-brine project in Salta, Argentina, contains a recoverable resource of 2.82 million tonnes lithium carbonate equivalent and 11.27 million tonnes potassium chloride equivalent. The project contains a recoverable inferred resource of 952,553,000 m³ grading 556 mg/L lithium and 6,206 mg/L potassium. Throughout 2011, Rodinia will focus on continuing to develop the Diablillos project by completing additional drilling and advancing through scoping study. More information on the Company's recoverable resource estimate can be found on its SEDAR filing page at www.sedar.com.

The Company also holds 100% mineral rights to approximately 70,000 acres in Nevada's lithium-rich Clayton Valley in Esmeralda County, and is currently in the process of assessing the size, quality and processing alternatives of this deposit. The Clayton Valley project is located in the only known lithium-brine bearing salt lake in North America, and looks to represent the only new source for domestic lithium carbonate supply.
The Projects are supervised by Ray Spanjers, Rodinia's Manager of Exploration. Mr. Spanjers is considered a Qualified Person, as defined by National Instrument 43‐101.

Please visit the Company's web site at www.rodinialithium.com or write us at info@rodinialithium.com.
Cautionary Notes
Except for statements of historical fact contained herein, the information in this press release constitutes "forward-looking information" within the meaning of Canadian securities law. Such forward-looking information may be identified by words such as "plans", "proposes", "estimates", "intends", "expects", "believes", "may", "will" and include without limitation, statements regarding the impact of the drill program and surface sampling program at the Diablillos property and results of such programs; the potential of the Diablillos property; the potential results and timetable for further exploration with respect to the Clayton Valley project and the Diablillos property, the timetable with respect to future acquisitions and exploration developments at Clayton Valley and Diablillos, timetable for further exploration, analysis and development, title disputes or claims; and governmental approvals and regulation. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from such statements. Factors that could cause actual results to differ materially include, among others, metal prices, competition, financing risks, acquisition risks, risks inherent in the mining industry, and regulatory risks. Most of these factors are outside the control of the Company. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

Friday, August 5, 2011

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