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VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Petaquilla Copper Ltd. ("Petaquilla") (TSX: PTC) today announced it has entered into a Memorandum of Understanding ("MOU") with Isagen S.A E.S.P. ("Isagen") for the study of a power project on the Petaquilla mining concession in central Panama. Isagen is a Colombian mixed public utility corporation affiliated with the Ministry of Mining and energy of Colombia. It is currently the third largest Colombian power company and its main corporate objectives are electric energy generation and commercialization, commercialization of natural gas by networks, and commercialization of coal, steam, and

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Terra Ventures Inc. (TSX VENTURE: TAS)(G7K WKN:A0MKCM) "Terra" or "the Company") is pleased to provide an update on the Midwest NorthEast Uranium property in which Terra owns a 10% production carried interest.

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Northern Lion Gold Corp. (the "Company") (TSX VENTURE: NL)(FRANKFURT: N3E) announces the results from its initial two diamond drill holes, PR-27 and PR-28, on the Preguica prospect within the Company's 100% owned Moura Project, located in southern Portugal.

VANCOUVER, BC (MARKET WIRE) Klondike Gold Corp. (TSX-V: KG) has received from its joint venture partner, Klondike Star Mineral Corporation (OTCBB: KDSM), updates on the Lone Star Project and the Indian River Project, both of which are located near Dawson City, Yukon.

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Ventana Gold Corp. ("Ventana" or the "Company") is pleased to announce it has completed a brokered (the "Brokered Placement") and non-brokered private placement (the "Non-brokered Placement") for total gross proceeds of $11,000,000. The Brokered Placement was completed for 5,000,000 subscription receipts ("Subscription Receipts") at a price of $1.60 per Subscription Receipt for proceeds of $8,000,000. Each Subscription Receipt is exchangeable for no additional consideration for one unit (a "Unit") consisting of one common share ("Common Share") and one-half of one non-transferrable common

CRANBROOK, BRITISH COLUMBIA (MARKET WIRE) Chapleau Resources Ltd. (TSX VENTURE: CHI) has commenced a 70.7 line km IP (induced polarization) dipole-dipole, geophysical survey over approximately 7.0 km of gold-bearing structures at Coringa (see maps on website www.chapleauresources.com). This geophysical survey will be used to better define drill targets being planned for the 7,000 m, third phase diamond drill program to commence in August 2008.

Mohawk Industries Inc. has cut its earnings expectations for the second quarter due to lower-than-expected sales, the continuing decline in the U.S. residential market, slowing European demand and rapidly rising raw material and energy costs. (MHK)

The Oldham County Chamber of Commerce is accepting applications for the 2008-2009 class of Leadership Oldham County.

VANCOUVER, BRITISH COLUMBIA (MARKET WIRE) Taseko Mines Limited (TSX: TKO)(AMEX: TGB) wishes to provide an update on its Gibraltar Mine. As announced on May 8, 2008 the main transformer for the new SAG mill failed resulting in a 16-day outage of the concentrator. An investigation into the failure of the transformer indicated that it had a defect when it was purchased, and it was this defect that was the root cause of the failure. Taseko is now pursuing warrantee coverage from the supplier as well as loss of business insurance.

TORONTO, ONTARIO (MARKET WIRE) Alamos Gold Inc. (TSX: AGI) ("Alamos" or the "Company") announces that it will release its second quarter 2008 financial results on Thursday, August 7, 2008 after market close.