ST. JOHN’S, NEWFOUNDLAND AND LABRADOR– Feb. 3, 2012 – Vulcan Minerals Inc. (“the Company”)(TSX VENTURE:VUL) is pleased to announce a transaction with Investcan Energy Corporation (“Investcan”) regarding the Bay St. George petroleum project onshore western Newfoundland. Vulcan and Investcan each own a 50% working interest in the project with Vulcan as the operator. Pursuant to a term sheet agreement Investcan agrees to purchase Vulcan’s 50% working interest for a $2.5 million cash payment and Vulcan retains a 2% gross overriding royalty on all three permits comprising the property (03-106, 03-107, 96-105). The agreement is subject to standard terms and conditions for fulfillment on closing, including approval of the TSX Venture Exchange.
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Over the last three years, the Vulcan-Investcan joint venture has explored the property resulting in a tight sandstone gas discovery (Red Brook –
MONTREAL, QUEBEC– Feb. 3, 2012 - TOMAGOLD CORPORATION (TSX VENTURE:LOT) (“TomaGold” or the “Company”) – is pleased to announce the beginning of a 3,000 metres, 21 holes, drill program on the 100% owned Monster Lake Property located to the southwest of the Chapais-Chibougamau mining districts.
New Fully Integrated Electronic Communication Capability Facilitates 2-Way “Dialogue” Between Dealers and Their Customers From Within the DMS
VANCOUVER, BRITISH COLUMBIA– Feb. 3, 2012 - Stornoway Diamond Corporation (TSX:SWY) is pleased to announce that construction activities have commenced on the Route 167 Extension, the road development project that will provide year round road access to Stornoway’s 100% owned Renard Diamond Project by way of the communities of Mistissini and Chibougamau. The commencement of construction on the Route 167 Extension follows the release of the road’s Certificate of Authorization by the Québec ministère du Développement durable, de l’Environnement et des Parcs in December (Stornoway press release dated December 7, 2011).
LONDON, UNITED KINGDOM– Feb. 3, 2012 - Cluff Gold (“Cluff Gold” or the “Company”) (AIM:CLF)(TSX:CFG), the dual AIM/TSX-listed West African focused gold mining company, is pleased to announce that it has entered into a legally binding, conditional sale and purchase agreement (the “Agreement”) with Orezone Gold Corporation (“Orezone”) for the acquisition of the licences and associated property comprising Orezone’s Sega Gold Project (“Sega”), located approximately 20km by road from Cluff Gold’s Kalsaka project in Burkina Faso (the “Acquisition”). 







