VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 20, 2013) - Kaminak Gold Corporation (TSX VENTURE:KAM) today announced the delineation of new extensions of shallow oxide gold mineralization on the Company's Coffee Gold Project, Yukon Territory linking the Supremo T5 and T7 zones. Drilling identified a new structure - the 'T5 Splay' - with strike extent of at least 450m trending northeast from the southern section of the T5 zone. Drilling also extended T7 up to 400m southwards along strike where it appears to intersect or merge with the T5 Splay. The total strike length of the Supremo T5 and T7 gold zones are 1.7km and 950m respectively. Furthermore, Kaminak has now delineated over 10km of mineralized strike within the Supremo-Latte-Double Double area, which is where the bulk of the inferred resource estimate resides. The T5 Splay is another example that proves that the Coffee deposits are all connected as part of a single, large, structurally controlled hydrothermal gold system.

Drill highlights from the T5 Splay structure include:

• 6.23grams per tonne gold (g/t Au) over 12.19m from 80.77m down hole depth in CFR0545


• 5.70g/t Au over 6.09m from 10.67m down hole depth in CFR0546


• 2.78g/t Au over 12.19m from 4.57m down hole depth in CFR0549


• 3.54g/t Au over 7m from 106m down hole depth in CFD0352
  
  
  

About the Supremo T5-7 Zone

Drilling targeted the broad contiguous north and northeast trending +25ppb gold-in-soil anomalies coincident with a NE trending magnetic lineament, located between the southern portion of the Supremo T5 and T7 gold zones. Drilling intersected multiple oxidized bedrock mineralized structures with both N-S and NE-SW strike orientations:

1. Drilling delineated a northeasterly trending structural corridor parallel to gold-in-soil trends and a magnetic lineament. The 'T5 Splay' may connect with mineralization previously ascribed to Supremo T8, located an additional 250m northeast along strike.


2. The Supremo T7 zone comprises up to four parallel N-S striking mineralized structures. Drilling earlier in the 2013 season extended the zone 200m southward along strike, with mineralization remaining open to the south. Additional follow-up drilling has further extended the structures southward 100-300m along strike where they appear to intersect or merge with the NE trending T5 Splay.


3. Future drilling is planned to comprehensively test the remaining area of gold-in-soil anomalism and test the possible extension of the T5 Splay to the northeast and its linkage with the T8 Zone. Infill soil sampling completed in 2013 has further highlighted these trends, which represent over 1km strike length of untested high tenor soil anomalism, as a high priority target for 2014 exploration drilling.
   
   
   

Drill Results

*In general, the true width is estimated at approximately 2/3 of the core length.

All maps, sections and assay sheets are currently available on the Kaminak website, www.kaminak.com.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 30, 2013) - Eldorado Gold Coöperatief UA ("Eldorado"), a wholly-owned subsidiary of Eldorado Gold Corporation (TSX:ELD)(NYSE:EGO) today announces that Eldorado will acquire, through a friendly off-market cash takeover (the "Offer"), all of the outstanding shares of Glory Resources Limited ("Glory") (ASX:GLY) not already owned or controlled by Eldorado for total consideration of approximately A$30.5 million. Eldorado currently owns 19.9% of the shares in Glory.

Under the Offer, each shareholder of Glory other than Eldorado will be entitled to receive A$0.17 cash per share (subject to the terms and conditions to the Offer), which represents a premium of approximately 42% over the closing price of Glory on October 30, 2013. Eldorado also proposes to acquire all the issued options of Glory for total consideration of approximately A$1.8 million. Additionally, in connection with the Offer, Eldorado proposes to settle Glory's deferred obligations in the Sapes Gold Project ("Sapes") to Cape Lambert Resources Limited for A$6.5 million.

Glory is focused on advancing the high grade Sapes project located approximately 15 km from our Perama Hill project in Thrace, Greece. Glory has reported the Sapes project has JORC compliant total proven and probable reserves of 637,000 ounces of gold at an average grade of 15.1 g/t.

"The acquisition of the Sapes project reaffirms our belief in the geologic potential of Thrace, which, when realized, will bring significant benefits to the region as these deposits are developed in a socially and environmentally responsible manner," said Paul Wright, Chief Executive Officer of Eldorado Gold Corporation. "The Sapes project is a complementary asset to our existing portfolio and will benefit from synergies with Perama Hill and our other Greek assets."

Bid Implementation Agreement

Glory has entered into a Bid Implementation Agreement (the "BIA") with Eldorado. The BIA sets out the obligations of Glory and Eldorado in the implementation of the Offer. The BIA sets out various conditions to the Offer, which include applicable regulatory and government approvals and Eldorado acquiring at least 90% of the shares and options. The BIA contains certain customary exclusivity provisions typical for a transaction of this nature in favour of Eldorado, including no shop and no talk provisions, right to match superior proposals and a break fee. In addition, the BIA contains various other restrictions on the conduct of Glory's business during the offer period. A copy of the BIA has been released on the ASX website (www.asx.com.au).

Glory's Board of Directors, has unanimously recommended the Offer to Glory shareholders and all Glory directors intend to accept the Offer with respect to their own holdings, in each case in the absence of a superior proposal.

Financial and Legal Advisors

Eldorado's financial advisor is GMP Securities L.P. and its legal advisors are Herbert Smith Freehills in Australia and Fasken Martineau DuMoulin LLP in Canada.

Further Information

Glory shareholders and other interested parties are advised to read the material relating to the Offer that will be filed by Eldorado and Glory with the ASX and Australian Securities and Investments Commissions.

This press release does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell any of the securities of Glory.

ON BEHALF OF ELDORADO GOLD CORPORATION

Paul N. Wright, Chief Executive Officer

TORONTO, ONTARIO--(Marketwired - Oct. 9, 2013) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") reports that the commencement of gold production at its wholly owned Riacho dos Machados Project ("RDM" or "Project") located in the state of Minas Gerais, Brazil has been delayed into Q4, 2013. The timing of the first gold pour is pending the commissioning of the mill by a third party group and the wet commissioning of the balance of the gold production line. In the interim, mining continues with ore being stock piled in anticipation of the commencement of operations.

The delay in the start-up of gold production has resulted in the Corporation having a lack of sufficient resources at a time when capital as well as commodity markets are difficult. Consequently, the Corporation's Board of Directors has determined that it is in the best interest of the Corporation to pursue strategic alternatives. The Corporation has retained Origin Merchant Partners and Paradigm Capital Inc. as financial advisors in connection with this process. The various alternatives being considered include, but are not limited to, a business combination with another company, a recapitalization, a sale of the Corporation or its assets, a strategic investment in the Corporation or its subsidiaries by a third party, or any combination thereof.

Carpathian has entered into discussions and has executed confidentiality agreements with a number of interested parties. The Corporation has not set a schedule to complete its evaluation and, at present, there can be no assurance as to what, if any, strategic alternatives might be pursued by the Corporation. The Corporation does not intend to disclose further details with respect to its review of strategic alternatives unless and until its Board of Directors has approved a specific transaction or such disclosure is otherwise appropriate.

In addition, the Corporation, and its wholly owned subsidiary Minercao Riacho dos Machados Ltda, which owns and operates the Project, are holding discussions with Macquarie Bank Limited ("Macquarie") in order to secure any necessary amendments to, and waivers under, the credit facility to facilitate the strategic review process. The Corporation is also in discussions with Macquarie and other parties with a view to providing bridge financing or other forms of financing while these strategic alternatives are considered and long term funding can be secured.

About Carpathian

Carpathian is an exploration and development company whose primary business interest is developing near-term gold production on its 100% owned Riacho dos Machados ("RDM") Gold Project in Brazil, which is currently focused on construction, along with progressing its exploration and development plans on its 100% owned Rovina Valley Au-Cu Project ("RVP") located in Romania.

On a company wide basis, Carpathian currently hosts NI 43-101 proven plus probable reserves of 830,200 ounces of gold (proven reserves of 2,300 Kt at 1.30 g/t Au and probable reserves of 18,500 Kt at 1.23 g/t Au) and NI 43-101 mineral resources (inclusive of reserves) of approximately 8.1 million ounces of gold in the measured plus indicated categories (RVP: 405.9 million tonnes at 0.55 g/t Au for 7.19 million ounces, RDM: 19.36 million tonnes at 1.50 g/t Au for 0.936 million ounces) and approximately 0.9 million ounces of gold in the inferred category (RVP: 26.8 million tonnes at 0.38 g/t Au for 0.33 million ounces, RDM; 9.447 million tonnes at 1.93 g/t Au for 0.587 million ounces), as well as 1.4 billion pounds of copper in the measured plus indicated category (RVP: 405.9 million tonnes at 0.16% Cu) and 97.0 million pounds of copper in the inferred category (RVP: 26.8 million tonnes at 0.16% Cu) (see press releases dated July 17, 2012 and April 6, 2011 for further details on resources and reserves).

The RDM Gold Project is targeted to produce in the order of +/-100,000 ounces of gold per annum with an anticipated goal for the commencement of production in the fourth quarter of 2013. The Rovina Valley Project will enhance Carpathian's growth profile as a mid-tier gold producer.

Mr. Dino Titaro is the qualified person (as defined in National Instrument 43-101) and is responsible for preparing the technical information contained in this news release.

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 9, 2013) - ATAC Resources Ltd. (TSX VENTURE:ATC) is pleased to report results from four diamond drill holes recently completed at the Conrad Zone, located within the 12 km² Osiris cluster of gold zones (Conrad, Osiris, Isis East and Sunrise) at the eastern end of ATAC's 100% owned 1,700 km² Rackla Gold Project in central Yukon.

News release highlights:

• Hole OS-13-219 intersects significant gold mineralization in both the Conrad Upper and Lower Zones - 68.58 m of 4.23 g/t gold and 33.86 m of 5.40 g/t gold, respectively; and,
  
  
  


• 
  Step-out drilling further extends the strike length of the high-grade breccia mineralization within the Conrad Lower Zone.
  
  
  

"Confirmation of the Lower Conrad breccia zone continuity is a key development as it validates our geological model and confirms our belief in the very significant gold exploration potential along the 300 m length of the Lower Zone," stated Graham Downs, ATAC's CEO.

Conrad Zone drill results:

• The reported intersections are drilled thicknesses and are believed to represent approximately 70% to 100% true widths.


• Holes OS-13-222 and 223 were drilled outside the Conrad Zone mineralized envelope and did not return significant intersections.

Carlin-type mineralization at the Conrad Zone is contained within several structural and stratigraphic settings. In the Upper Conrad Zone, gold mineralization occurs along the stratigraphic contact between limestone and an overlying pyritic siltstone cap unit. The Upper Zone has been continuously traced by shallow drilling over a strike length of 800 m between Sections C100E and C900 E. The thickest and best mineralized parts of the Upper Zone occur along the crest of an anticlinal fold where OS-13-219 intersected 68.58 m of 4.23 g/t gold (from 7.62 m to 76.20 m) on Section C600E.

Mineralization at the Lower Conrad Zone has been traced by wide-spaced drill holes for 300 m. It is characterized by alteration and mineralization within and adjacent to a relatively flat-lying fault. On Section C650E, two 2012 drill holes discovered a solution collapse breccia body located at and above the intersection of the flat-lying fault with a near-vertical, east-west trending fracture system. One of these holes (OS-12-116) intersected two intervals in this zone which returned 56.93 m of 4.68 g/t gold and 27.43 m of 4.09 g/t gold.

Hole OS-13-219, which was collared 50 m west of C650E, is the only hole that has tested the strike extension of the solution collapse breccia zone and it returned 33.86 m of 5.40 g/t gold. Limited drilling further west has intersected the mineralized flat-lying fault for a total 300 m strike length; however, the potential strike extension of the breccia body has not been tested along the full length of the Lower Zone. Both Upper and Lower Conrad Zones remain open along strike and at depth.

Hole OS-13-221 intersected a mineralized zone within the siltstone unit at the eastern limit of the known Conrad Zone. The presence of near-surface gold mineralization in the hanging wall siltstone is very significant as it provides encouragement to test the favourable siltstone-limestone contact at depth.

An updated Conrad Zone plan view map with cross sections can be viewed at www.atacresources.com.

Regional Exploration

Regional-scale exploration in 2013 was focused on advancing geochemical targets peripheral to the 2012 Anubis gold discovery. A total of 8,469 soil samples and 3,539 excavator/hand-pit samples were collected in 2013 within the Nadaleen Trend to complement the previous widely spaced geochemical surveys within the area of relatively low elevation and extensive overburden cover. The regional exploration program results will be announced once they have been received and compiled.

QA/QC

Samples were forwarded to ALS Minerals in Whitehorse, Y.T. or North Vancouver, B.C. where they were fine crushed before a 250 gram split was pulverized to better than 85% passing 75 microns. The pulverizing circuit was cleaned with quartz sand twice between samples. Pulps were then analyzed at ALS Minerals in North Vancouver where gold determinations were carried out. Splits of the pulverized fraction were routinely dissolved in aqua regia and analyzed for 49 elements using inductively coupled plasma (ICP) together with mass spectrometry (MS) or atomic emission spectroscopy (AES). Gold analyses were by the Au-AA26 procedure that involves fire assay preparation using a 50 gram charge with an atomic absorption spectroscopy finish. Mercury analyses are performed using atomic absorption spectroscopy (AAS).

Five samples from hole OS-13-219 (14.05 m to 25.80 m) were sent to SGS Mineral Services in Burnaby, B.C. for analysis. They were fine crushed before a 250 gram split was pulverized to better than 85% passing 75 microns. Splits of the pulverized fraction were dissolved using a multi acid digestion and analyzed for 49 elements using inductively coupled plasma (ICP) together with mass spectrometry (MS) and atomic emission spectroscopy (AES). Gold analyses were by the FAA303 procedure that involved fire assay preparation using a 30 gram charge with an atomic absorption spectroscopy (AAS) finish. Mercury analyses were performed using cold vapour atomic absorption spectroscopy (AAS). All of the samples included in this news release have passed the QA/QC procedures as described above.

Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process.

The technical information in this news release has been approved by Robert C. Carne, M.Sc., P.Geo., the President and a director of ATAC Resources Ltd., and a qualified person for the purposes of National Instrument 43-101.

About ATAC

ATAC Resources Ltd. is a Yukon-based exploration company focused on developing Canada's only Carlin-type gold district at its 100% owned Rackla Gold Project. Recent exploration on the 1,700 km² project has resulted in the delineation of the Tiger Gold Deposit, drilling of multiple high-grade Carlin-type gold zones and the identification of over 40 early-stage gold exploration targets. The Rackla Gold Project has no underlying royalties or third-party interests. ATAC is well-positioned with approximately $20 million in the treasury.

On behalf of Management and the Board of Directors of ATAC Resources Ltd.,

Graham Downs, CEO, ATAC Resources Ltd.