Silver

Silver Quest Resources Ltd. (CVE:SQI) announced that it has closed its brokered private placement for gross proceeds of $8 million.

Tirex Resources (CVE:TXX) has started its recently announced intense phase of exploration and resource definition work at its Mirdita VMS District and is now drilling.

Oro Gold Resources Ltd. (CVE:OGR) and Oro Silver Resources Ltd. (CVE:OSR) announce that they have executed the definitive arrangement agreement under which Oro Gold will acquire all of the issued and outstanding securities of Oro Silver through a plan of arrangement.

Amarok Resources, Inc. (OTC:AMOK) announced the conclusion of the Phase I drill program at the Rodeo Creek property located on the prolific Carlin gold trend in Elko County, Nevada.

Intrepid Mines Limited (TSE:IAU, ASX:IAU) reported the preliminary column leach results indicate excellent gold recoveries can be expected from the gold-silver oxide deposit at Tujuh Bukit.

Itronics Inc. (PINK: ITRO) reported that its wholly owned subsidiary, Itronics Metallurgical, Inc., has begun start up of its Stage I silver refinery expansion which should increase silver refining capacity by 10 times, with sales capacity increasing from $440,000 to $4.4 million at current silver prices.

Excellon Resources Inc. (TSE:EXN) announced that it has successfully sealed the water inflow encountered during normal mine development on August 18th.

Silver Standard Resources Inc. (TSE:SSO, NASDAQ:SSRI) reported that ongoing diamond drilling of the Snowfield Project has significantly expanded known mineralization to the south and southeast.

Maya Gold & Silver Inc. (CVE:MYA) announced that, further to its August 18, 2010 news release, insiders of the Company will participate for more than 25% in the non-brokered private placement under the same conditions as previously announced.