Explorator Resources Receives Exchange Approval on Venus-Marcelo Claim Block Acquisition, Files NI43-101 Report

Explorator Resources Inc. (CDNX:EXO.V - News) is pleased to announce that it has received TSX Venture Exchange approval for the recently announced acquisition of the Venus-Marcelo mineral claim block (see Press Release dated May 15, 2007). The company has also received the NI43-101 Report on the property, which has been filed on SEDAR (www.sedar.com).

With the acquisition of the Venus-Marcelo concessions, Explorator now controls a single, contiguous block covering an area totaling over 1100 hectares, or 11 square kilometers, when combined with El Espino. (see Figure 1) The concessions are located near Illapel, Chile, a mining area with excellent infrastructure and extensive existing and historical small-scale gold and copper production. Venus-Marcelo hosts six small operating copper-gold mines. High grade ore mined from Venus-Marcelo is currently direct-shipped to the nearby Ventanas Smelter for processing.

"We are very pleased to complete the acquisition of the Venus-Marcelo block" noted David O'Connor, President and CEO of Explorator Resources. "Combining Venus-Marcelo with our El Espino concession creates a much larger and more exciting opportunity to explore and develop a project of scale that has extensive historical exploration data and a long history of copper and gold production."

O'Connor added that "the NI43-101 technical report is very encouraging as the sampling shows that the mineralized structures on which the small operating mines are developed contain higher grade copper and gold mineralization than we anticipated and are over substantial thicknesses, confirming our opinion of the excellent potential to outline a significant gold, copper or copper-gold deposit on the Venus-Marcelo Project. Additionally, these steeply dipping structures are interpreted as being mineralized feeders, which expand the potential of the El Espino zone controlled by Explorator for a distance of two kilometers further north on this undrilled area, adding considerably to the overall potential tonnage of copper-gold mineralization and expanding the project considerably in excess of the estimates based on drilling made for the El Espino block."

The style of mineralization at Venus-Marcelo and El Espino is characteristic of deposits found elsewhere within the Coastal Cordillera of Chile, such as Phelps Dodge's Candelaria and Anglo American's Mantos Blancos. The Venus-Marcelo block is a direct northward continuation of the El Espino mineralized system. Explorator acquired the El Espino project on January 29, 2007. Following the recent completion of a successful 10-hole, 2000m diamond drill Phase One program (see Press Releases April 30 and May 23, 2007) the company has commenced a 25,000 m Phase Two drilling program at El Espino (see Press Release June 6, 2007). The company intends to move quickly to carry out a Phase One exploration program on the Venus-Marcelo block.

The NI43-101 report on Venus-Marcelo was prepared by Mr. Douglas Currie, MAusIMM, of Gwynva Resource Management, a Qualified Person, (as defined under NI43-101). Mr. Currie has reviewed the contents of this press release and has given his consent for inclusion of extracts from his report herein.

Copper and gold mineralization in the Venus-Marcelo / El Espino district extends for almost 5 km long N/S by 1 to 2 km wide E/W in a NNW trending zone that extends across the two property boundaries. Within the Venus-Marcelo Project area, mineralization is primarily associated with narrow, high grade, quartz veins and silicified fractures related to NE trending faults and shear systems. The steeply dipping mineralized veins, locally stockworked, are interpreted to be the feeders to the stratabound mineralization. The style of mineralization is characteristic of Iron Oxide Copper Gold (IOCG) deposits found elsewhere within the Coastal Cordillera of Chile.

Although there are no production records available, the numerous small and several extensive underground workings are indicative of substantial historical copper and gold production generally from oxidized, near-surface mineralization. Production grades are estimated at 2-6% Cu and 3-6 g/t Au. Production samples taken by Mr. Currie in April 2007 from the six active tribute mines on the Venus-Marcelo concessi centsns ranged from 1.24% Cu to 3.82% Cu and are considered representative of the potential copper oxide grades which have historically prevailed on the property.

Samples collected by Mr. Currie of historical dumps and current mine stockpiles and across the visually mineralized structures returned assay results as were expected with a good correlation between visual copper estimates and actual assay grades. The copper grade of the mine dumps sampled ranges from 1.63% to 29.1% Cu; this reflects the relative grade of the veins and possibly also the degree of high-grading being practiced by the local cooperativista miners. Gold grades received ranged from background levels to 41.3g/t Au, with 25% of the samples having gold values greater than 1.0g/t Au.

Only minimal modern exploration has been performed on the Venus-Marcelo Project area and there has been no drilling. ENAMI (La Empresa Nacional de Mineria), the Chilean National Mining Company, in 1994 estimated "reserves" of 1,032,500 tonnes at an estimated grade of 2.0% Cu and 3.5 g/t Au. ENAMI also reported an additional "resource estimate" of 1.5 million tonnes at an estimated grade of 0.6% Cu at the Milagros SW zone, at the southern end of the property, with the potential for rich lenses ( greater than 2% Cu) within the zone. The calculations are based on underground mapping and channel sampling and past production data available to them at the time. ENAMI only included potential mineralized zones which were accessible from existing development and did not project mineralized zones to depth. Explorator has not done sufficient work to classify these historical estimates as current mineral resources and as such, Explorator is not treating the historical estimates as current mineral resources and cautions investors not to rely upon these historical estimates.

Source : http://www.ccnmatthews.com/docs/exploratormap.pdf

Sandvine's PTS 14000 80-Gigabit Cluster Achieves 4 Diamond Ranking From Broadband Gear Report's 2007 Diamond Technology Reviews

Cable-Tec Expo - Sandvine, (Toronto:SVC.TO - News)(AIM: SAND) a leading provider of intelligent broadband network solutions for DSL, FTTH, cable, and wireless carriers, today announced that Sandvine's PTS 14000 80-Gigabit virtual switch cluster has received a 4- Diamond rating from the Broadband Gear Report review panel for this year's 2007 Diamond Technology Reviews.

Sandvine's PTS 14000 platform is a hardware and software solution that gives broadband service providers broad visibility into network traffic along with a rich portfolio of DPI-based policy solutions to ensure a quality online experience for all subscribers. The PTS 14000 has achieved an unprecedented performance benchmark of 80 Gbps of traffic. With over 80 customers, Sandvine's DPI-based policy solutions are widely deployed in broadband networks around the world.

"Our panel of judges was impressed by Sandvine's PTS 14000 scaling to 80 Gbps and by its ability to support redundancy and bypass capabilities to ease the operation of the device in the network," said Laura Hamilton, editor-in-chief at BGR. "They also gave the PTS 14000 high marks for its support of PacketCable Multimedia and the ability to characterize and control VPN tunneling."

The panel of judges included:

- Wayne Hall, VP of Engineering, Comcast

- Vicki Marts, Director of Video Engineering, Cox

- Dermot O'Carroll, Senior VP, Network Engineering and Operations, Rogers

- Gene White, VP of Engineering, Bright House

"Sandvine is honoured to have our PTS 14000 ranked by this distinctive panel of leaders in the cable industry," said Tom Donnelly, executive vice president, marketing and sales, Sandvine. "We strive to set the benchmark by building innovative and robust products, rich in features and functionality that help broadband service providers achieve their business and operational goals."

Come see how Sandvine's DPI-based policy solutions are helping broadband providers improve the Internet experience for millions of broadband users around the world. And join Sandvine for a celebratory reception in booth 2150 at Cable-Tec Expo on Thursday, June 21st at 4:00pm.

Source : www.sandvine.com

Hot Stock List for Thursday! June 14, 2007

Stock Market Alerts' performance stock list includes: Sovereign Exploration Associates International Inc. (OTC BB:SVXA.OB - News), Sun Microsystems (NasdaqGS:SUNW - News), Applied Materials, Inc. (NasdaqGS:AMAT - News), Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX - News).

Sovereign Exploration Associates International Inc. (OTC BB:SVXA.OB - News) is a great stock to put on your radar and watch as Stock Market Alerts initiates coverage of the company. The company, a maritime exploration company, issued a press release Tuesday announcing the completion of its acquisition of Lavelle Holdings, Inc., a privately held offshore project management company providing sub-sea marine services. The completion of this acquisition includes Lavelle's thirty percent (30%) minority ownership of REDS Caribbean LTD.

Great news for SVXA investors! Lavelle specializes in international offshore oil and gas and marine sub-sea projects, is a supplier of primary drilling instrumentation for offshore drilling rigs and an international provider of services linking seabed to surface for the offshore energy sector.

REDS Caribbean, LTD, based in Trinidad, operates in the Gulf of Mexico, the Caribbean and South America. REDS Caribbean LTD recently completed a series of inland diving projects and has just finalized a contract to provide diving support services to a major terminal operator.

This is certainly another company for investors to watch closely! "The acquisition of Lavelle, which will broaden Sovereign's services and support our growth, is an important step in building a synergy company that delivers high-value industry solutions. Lavelle and REDS Caribbean, LTD offers our company an opportunity to expand our reach and range of services in this growing market," commented Robert Baca, President & CEO of Sovereign.

"With the support of Sovereign's capital, contacts and management, we believe we are better positioned as a major player in the region," commented Robert Holloway, Senior V.P. of Business Development of Sub-Sea Operations for Sovereign, and Board member of Reds Caribbean, LTD.

SVXA stock closed Wednesday at Eighty-Five cents a share.

For Stock Market Alert's in-depth profile of Sovereign Exploration Associates International, visit: http://www.wallstreetenews.com/HotStocks/SVXA061307/default.aspx

Xstrata Completes Exercise of Seabridge Gold Warrants

Seabridge Gold (TSX VENTURE:SEA - News; AMEX:SA - News) announced today that Xstrata plc has completed the exercise of all two million Seabridge share purchase warrants it held at C$13.50 per share. Xstrata has also advised Seabridge that it has sold all of the Seabridge shares obtained by way of the warrant exercise.

Seabridge President and CEO Rudi Fronk noted that the C$27 million received is more than sufficient to meet the Company's foreseeable needs. "We are now exploring how these funds could best be invested to improve our gold ownership per common share which is our main objective on behalf of our shareholders. We are considering expansion of this year's drill programs at Noche Buena and Kerr-Sulphurets where there is considerable opportunity to expand resources. We are also considering initiating a buy-back program in our own shares."

The two million warrants were issued to Xstrata as part of the consideration by which Seabridge repurchased a 100% interest in its Kerr-Sulphurets project. (See news release of September 5, 2006).

Seabridge has acquired a 100% interest in nine North American gold resource projects. For a breakdown of the Company's mineral resources by project and resource category please visit the Company's website at http://www.seabridgegold.net/Resource.htm.

Dhanoa Minerals Workforce Grows to 180 Miners to Increase Production of Gold and Silver

Dhanoa Minerals Ltd (OTCBB:DHNA - News; FWB:D7Z) announced that it has increased the size of its labor force to 180 miners to increase gold and silver production at its mines in southern Ecuador. The increase in labor is part of an overall expansion and modernization project, which will increase the company's gold and silver production in all of the Dhanoa mining properties.

In a further effort to modernize operations and increase production, Dhanoa Minerals is planning for underground expansion and open pit mining. Dhanoa will utilize its recently acquired "Spanish Plant", a centralized modern processing and refinery plant, to increase the processing of ore into refined gold and silver.

At the company's Bonanza property, vertical extent is a little more than 1000 feet. The continuity of gold vein systems runs horizontal as well as vertical. This indicates that underground expansion and development is feasible and profitable.

"We believe that more miners are an integral part of our modernization and expansion plans, and will significantly increase production at our mines," said Mr. Lee Andrew Balak, President of Dhanoa Minerals. "We increased our labor force, and expanded our infrastructure to accelerate our growth. We also purchased new equipment as part of the modernization program. We will soon be able to announce an increased security system, including the installation of video security cameras throughout the refining areas as an added precaution."

Source : biz.yahoo.com

Inform Worldwide Holdings, Inc. Announces Purchase of Coal Surface Mining Equipment

Inform Worldwide Holdings, Inc. (OTC BB:IWWI.OB - News) (the "Company") announced today that the Company has entered into a purchase agreement with Kajon Materials, Inc. ("Kajon") to acquire fifteen (15) pieces of heavy equipment used in surface mining of coal in which Kajon holds a security interest. The equipment includes a Cat 235, 322 and Komatsu PC200 excavators, five loaders including a Cat 980B, 928G and 960F, Case 580K and W-26, six dozers including a 50, two (2) FD 40, a HD, a Dart 600C and a Fiat Allis 945B, and a JI Case 580K backhoe with loader.

Kajon will receive 166,667 restricted shares of the Company's common stock. The Company retains an eighteen (18) month exclusive option to repurchase up to 150,000 shares of the restricted shares for $200,000. The shares subject to repurchase cannot be transferred during the option period. The Company will have free title to the equipment subject to Kajon's secured interest, which Kajon will release upon receipt of the first $50,000 in repurchase payments.

This equipment purchase is the first of many steps the Company is taking to enable the Company to actively participate in coal projects identified by the recently appointed Coal Advisory Board. On a project-by-project basis, the Company intends to use the equipment and operating funds as the Company's contribution to potential ventures. The Company will seek competent partners to provide operations and expertise.

Source : biz.yahoo.com

Officials display new equipment at Viper mine

Officials at the Viper mine here unveiled new pieces of rescue equipment Monday that they hope will never be used.

The items included small air packs that can be comfortably worn on a miner’s belt, all the way up to a new, 34-foot-long rescue truck for the mine’s two rescue teams.

“Our employees are our number one asset. That’s the thing we want to take care of,” said Robert Gardiner, president and general manager of ICG Illinois, LLC Viper Mine.

Illinois has gone four years without a mining fatality, but 2006 was not a good year for the U.S. mining industry overall. Forty-seven U.S. miners died last year, the highest toll since 1995. Of the 47 deaths, 12 occurred at the Sago mine in West Virginia.

International Coal Group also owns the Sago mine, and the Viper mine’s rescue team went to West Virginia to help in the rescue.

Since the Sago tragedy, the Viper mine has started a second rescue team. If the team should ever be needed at another location, the rescue truck also would be sent. Equipment on it includes the air packs the rescuers wear while underground plus medical and communication equipment.

“This truck has all of the supplies and materials for a mine rescue,” said Dale Harper, manager of human resources and public affairs for the Viper mine. “(Also), if any community event occurred where they needed medical supplies or communication systems, we can respond to that as well.”

The truck will be housed at a Viper facility in Elkhart, which is being renovated as a training center for the rescue teams.

The new truck also can be used to maintain the rescue team’s air packs. Unlike firefighters, who breathe straight from cans of compressed air, the mine rescue team members wear 45-pound devices on their backs that scrub the air they exhale and then mixes it with fresh oxygen.

The packs are good for about four hours. By comparison, the compressed air bottles used by firefighters last 30 minutes or one hour, depending on the type of bottle.

Some of the equipment unveiled Monday is designed to be used by the miners themselves. About a month ago, the mine began issuing small air packs that a miner can wear on his or her belt. They are good for about 10 minutes and replace an older system that only filtered exhaled air.

If an emergency were to occur, miners could use the 10-minute apparatus to get to the closest supply of emergency oxygen kits. The kits, known as self-contained self-rescuers, last about an hour and are scattered in strategic spots throughout the mine.

Another new piece of equipment - an airtight emergency shelter - is set to arrive next month. The new shelters inflate like a life raft, and the largest can hold up to 35 miners for 96 hours.

“If fewer people go in there, you can turn it down and it will last longer. It’s a place to go while you wait for rescue,” Gardiner said.

Viper has ordered two of the 35-miner chambers and four 30-miner chambers. All are expected to be delivered by the end of the summer.

The Viper mine has been in operation for about 25 years. The shafts are about 300 feet underground, and the mine employs about 255 people on three shifts. At any given time, about 60 miners are underground.

Source : www.sj-r.com

Black Mesa Trust sues Office of Surface Mining

Black Mesa Trust is offering its support to Hopi tribal members on whose behalf a lawsuit has been filed against the U.S. Interior Department's Office of Surface Mining (OSM).

The class action lawsuit alleges that OSM violated traditional Hopis' religious freedom when the office scheduled the comment period on the Draft Environmental Impact Statement (DEIS) for the Black Mesa Project during January and February, a period during which Hopi religion requires that people attend to their religious obligations to the exclusion of public matters.

"I had to find someone to take over my responsibilities so I could go to the hearing," said Jerry Honawa, a Hopi religious practitioner and a named plaintiff in the lawsuit. "And then it was not even a hearing," he continued. Honawa referred to the hearings on the DEIS held by OSM on Hopi and Navajo and in surrounding towns during the comment period.

Honawa is particularly disturbed by OSM's selection of Alternative A, which allows unlimited use of Navajo aquifer (N-aquifer) water for the Black Mesa mining operation if a proposed project to bring water from the Coconino aquifer (C-aquifer) south of Interstate 40 to the mine falls through. He is upset not only by OSM's refusal to respond to his concerns at the hearings, but to the size and complexity of the document on which he was trying to comment. "It is 758 pages," he said. "I don't think anyone on the Hopi Tribal Council has read the entire document. They are just going along with whatever OSM says."

The lawsuit alleges that OSM violated both the First Amendment of the U.S. Constitution and the provisions of the Religious Freedom and Restoration Act (RFRA) by knowingly and deliberately scheduling the comment period in the middle of the Hopi religious calendar. "There is no exceptionally compelling state interest in requiring traditional Hopis...to choose between honoring their religious beliefs and practice and grappling with reading, analyzing, understanding, and [commenting] on a massive, complex, 758-page draft environmental impact statement on the Black Mesa Project during the religious portion of the Hopi calendar," read the papers filed with the U.S. District Court, District of Arizona on April 16.

The length and complexity of the document are also issues for Black Mesa Trust executive director Vernon Masayesva. "The draft EIS is not written in language that [everyday] people can understand," he said. "That is in direct violation of the principles of the National Environmental Protection Act. Not only was the comment period scheduled at an inappropriate time, but OSM insisted that our comments be 'concise' and refer to specific sections of the EIS. But their [own] document does not meet the 'concise' standard, and by not writing it in comprehensible language, OSM made it impossible for us to comply with their [emphasis added] requirements."

The lawsuit also alleges that OSM's actions violated the terms of the Treaty of Guadalupe-Hidalgo. Under Article IX of that treaty, by which Mexico ceded to the United States the traditional lands of the Hopi people, "...the United States of America agreed that the people residing in the territory acquired under that Treaty would be accorded the rights of citizens of the United States, including the right to be 'secured in the free exercise of their religion without restriction,'" the lawsuit reads.

Black Mesa Trust is a non-profit grassroots organization founded to protect the N-aquifer on Black Mesa for future generations of Hopis and Navajos. For more than three decades, Peabody Western Coal, the world's largest coal mining company, used water from the aquifer to slurry coal from the Black Mesa Mine to the Mohave Generating Station in Nevada.

Mohave eventually shut down at the end of 2005 because its owners failed to comply with a consent decree ordering them to install pollution control equipment. The formerly coal-fired plant remains closed, however, OSM has continued with the EIS process, possibly to make the power plant more attractive to potential buyers.

Source : www.navajohopiobserver.com

Mining expo kicks off; Trade show opens today at noon

The Exhibition Centre in Sudbury will open its doors to the biggest mining trade show in Canada at noon today.

The Canadian Mining and Industrial Expo 2007 showcases the latest in mining equipment, technology and services.

The expo will host more than 110 booths, featuring thousands of new products and services from companies across North America.

Companies from as far away as China, Africa and Peru also made the trip to show off their new equipment.

"We expect about 1,500 decision makers out over the two days," said Darren Ceccarelli, marketing director for DAC Marketing Ltd., the company behind the expo.

Since it began in 1996, the annual trade show has grown steadily, he said, to the point organizers can't accommodate every company that wants to be involved.

"It's the biggest one yet," he said.

"We've got a waiting list of probably 50 companies that want to get in here. Double the space, that's what we need."

The show will feature products and services for both surface and underground work. If it's related to the mining business, it will be at the show, Ceccarelli said.

The show runs from noon until 7 p.m. today and 10 a.m.-4 p.m. Thursday. John E. Lightfoot Jr./The Sudbury Star

Michael Waite is at the controls of RDH's Blockhole 250 jumbo undergrow drill Tuesday afternoon. The Canadian Mining and Industrial Expo 2007 opens today at noon at the Exhibition Centre on Falconbridge Road with more than 100 booths and thousands of new products and services.

Source : www.thesudburystar.com

Siguiri Basin Mining, Inc. (Pink Sheets: SBMI) Pays Equipment Shipping Costs

Siguiri Basin Mining, Inc. (Other OTC:SBMI.PK - News) has fully paid the shipping costs for its dredging and dredging related equipment to be immediately shipped to Guinea. These items were slated for shipping last week. SBMI is preparing for launch of production Phase One whereby two dredges will be processing a combined total of sixty yards per hour on the Tinkisso River property.

ABOUT THE COMPANY
Siguiri Basin Mining Inc (SBMI) is a mineral exploration and development company focused on achieving producer status. The Company's targets are precious metal properties in stable countries within opportunity rich West Africa, Central and South America with near term production capabilities.