\nEUROPEAN GOLDFIELDS LIMITED
\n Wednesday, July 23, 2008
\nEuropean Goldfields announced the results of the definitive feasibility study for its epithermal gold/silver Certej project in Romania. The study is based on conventional open pit mining and the processing of 3 Mt of ore per year to produce an average of 156,000 ounces gold and 814,000 ounces silver per year with tailings storage in an adjacent facility. Using metal prices of US$650 per ounce gold and US$12 per ounce silver and assuming capital costs of US$136.5 million and cash operating costs of US$353 per ounce, the project has a post-tax IRR of 20.3 % and a mine life of 11.2 years. Mineable reserve comprises 32.8 Mt of ore grading 2.0 g/t gold and 11.4 g/t silver, representing 2.1 million ounces of gold and 12.0 million ounces of silver.
Property: CERTEJ-SACARAMB
(Complete Text of Jul 23, 2008 News Release)

\nCBH RESOURCES LIMITED and COBAR CONSOLIDATED RESOURCES LIMITED
\n Tuesday, July 22, 2008
\nCobar Consolidated Resources upgraded its target mineralization estimate to inferred resource status and achieved positive results from preliminary metallurgical testwork and economic modelling at its Wonawinta silver project in New South Wales, Australia. Incorporating the results of both historic drilling and the company’s recent 36 hole aircore drilling program. inferred resources are estimated at 6.5 Mt grading 97 g/t silver and 1.3% lead for 20.3 million contained ounces silver and 87,000 tonnes contained lead at a $27/t cut-off. Mineralization is generally shallow and clay-hosted and could be mined as a series of open pits. Cobar is earning a 70% interest in the project from CBH Resources by spending $700,000 over 4 years.
Property: WONAWINTA / LACHLAN
(Complete Text of Jul 22, 2008 News Release)

\nINFINITO GOLD LTD.
\n Friday, July 18, 2008
\nInfinito Gold announced the results of a feasibility study on the company’s wholly-percent owned Crucitas gold project located in northern Costa Rica. Assuming 100% equity financing, a pre-production capital cost of US$66.3 million and a gold price of US$750 per ounce, the base case scenario results in an after-tax net present value of US$124.84 million (discounted 5%) with an after-tax internal rate of return of 35.1% and a payback period of less than 2 years. The base case assumes mining of both saprolite and hard rock ore to produce a total of 940,000 ounces of gold, with life of mine net cash costs of US$342.50 per ounce.
Property: CERRO CRUCITAS (SARAPIQUI)
(Complete Text of Jul 17, 2008 News Release)