Day: November 4, 2011

TORONTO, Nov. 4, 2011 /CNW/ – Zaruma Resources Inc., (TSX-V: ZMR), (the “Company” or “Zaruma”) today announced that the Company will proceed with the previously approved share consolidation and name change, expected to be effective November 8, 2011. On the effective date, the currently outstanding common shares of the Company will be consolidated on the basis of one new common share for ten existing common shares, and the Company’s name will be changed to “Red Tiger Mining Inc.” In the event that the number of existing common shares held by a shareholder is not evenly divisible by ten, the number of post-consolidation common shares issued to such shareholder shall be rounded up to the next whole number. Red Tiger will trade on the TSX Venture Exchange as a Tier 1 Mining Company, under the stock symbol “RMN”.

VANCOUVER, BRITISH COLUMBIA, Nov 04, 2011 (MARKETWIRE via COMTEX) — Lincoln Mining Corporation (“Lincoln” or the “Company”) announces it has closed the previously announced non brokered private placement.

THUNDER BAY, ONTARIO, Nov 04, 2011 (MARKETWIRE via COMTEX) — SOURCE EXPLORATION Corp. (the “Corporation” or “Source”) (tsx venture:SOP) announces that 100,000 options to purchase common shares of the company are being granted to an officer of the Company at an exercise price of $0.27 per share, expiring on November 3, 2016. The grant is subject to regulatory approval.

VANCOUVER, Nov. 4, 2011 /CNW/ – Westminster Resources Ltd. (the “Company”) (TSX-V: WMR), announces that it has negotiated a non-brokered private placement of 12,000,000 shares at $0.10 per share for gross proceeds of $1,200,000.

Primero Mining Corp. (“Primero” or the “Company”) today reported financial and operational results for the third quarter ended September 30, 2011. The Company produced 27,450 gold equivalent ounces(1)at a total cash cost(2)of $641 per gold equivalent ounce leading to record net earnings of $35.1 million ($0.40 per share) and operating cash flows before working capital changes(3)of $50.5 million ($0.57 per share).