NEWS RELEASES

November 9th, 2010
Vancouver, British Columbia

Diamond Drilling Completed for August-September 2010 Program and Preliminary Assays Received.

Exploration diamond drilling performed on Dome Mountain Project during August and September 2010 comprised 23 holes, with a total length of 3044.5 metres. Ten holes were planned as follow up to the successful February program in the area of the future sedimentation pond. These holes were designed to test for eastward extension of the Boulder Footwall Vein found in Dome Mountain Mine. Holes were drilled on cross-sections 40 metres apart. One hole near the 1290 Portal targeted the Boulder Footwall Vein between historic drillholes. Twelve holes were designed as infill in an area of sparse historical drilling west of the existing underground workings. The target was a westward extension of the mined Boulder Vein. Cross-section spacing in this area was 20 metres.

Sedimentation Pond Area Drilling

Follow up drilling was planned to intercept targets between and above holes drilled in February 2010. Significant assay results were reported on all three cross-sections. Veins were recognized in all but one hole and the interpreted Boulder Foot Wall Vein ranged in width from 0.2m to 1.7m.

The western-most cross-section is approximately 300 metres east of the nearest mine workings. Drill results from February were interpreted as defining a steep Boulder Foot Wall Vein. Results from four holes in August suggests a more complex vein pattern. A vein recognized in DM-10-059 (not yet reportable) correlates well with the Boulder Foot Wall Target. High grades from holes DM-10-057 and DM-10-058 are interpreted as being from a different vein. Four holes were drilled on the central cross-section. The four holes intersected what is believed to be the Boulder Foot Wall Vein over a vertical distance of 160 metres. The intersection locations suggest that localized flexing, faulting or reversing of the dip has occurred. Holes DM-10-061 and DM-10-063 contained multiple significant intersections. An exceptional gold grade of 90.07 g/t was reported in DM-10-066. On the eastern-most cross-section, hole DM-10-064 returned a very high gold grade of 65.40 g/t in the Boulder Footwall Vein. DM-10-065 returned a significant assay that was close to bedrock surface. Results from August drilling support the model of a 400-metre horizontal extension of the Boulder Footwall Vein eastward from mine workings, over a vertical extent of 140 metres. High gold assays indicate the grade potential within the vein structure. More drilling will be needed to aid in defining resources.

Drilling near 1290 Portal

Hole DM-10-067 was collared uphill from 1290 Portal in Dome Mountain Mine. The target was Boulder Foot Wall Vein, between historic holes D90-18 and D92-07, which are spaced 62 metres apart along the vein. Intercepts in these older holes are, respectively, 0.5m of 31.71 g/t Au, 126.2 g/t Ag, and 0.7m of 41.65 g/t Au, 64.4 g/t Ag. DM-10-067 confirmed location of Boulder Foot Wall Vein, but shows more modest assays.

West Extension Drilling

Drilling west of the existing workings at Dome Mountain Mine was designed to generate closer-spaced intercepts in the sparsely-drilled western extension of the Boulder Vein. Drill targets were below and west of the western end of the 1370 Level workings. Holes are 220 to 280 metres west of 1370 Portal. The furthest west cross-section is 35 metres west of the underground workings, and 90 metres west of Eagle Peak’s 2009 drilling. Hole DM-10-072E was collared at the wrong dip angle, so was abandoned at end of shift.

The Boulder Vein was recognized in all completed holes, varying in width from 0.3m to 2.6m. Significant assays have been returned from all reportable Boulder intercepts, except modest grades found in DM-10-073. Hole DM-10-070 included a high-grade gold assay of 69.6 g/t and silver of 237.3 g/t. Several holes also reported values in additional veins.

Results confirm continuity of the Boulder Vein west of the historical workings. More drilling is needed to confirm grade distribution. Additional drilling is indicated to extend the vein further west, and further down-dip.

Assay Results

Assays have been received for most of the August-September 2010 drilling program at Dome Mountain Project. Assay results include first-pass sampling for all but three holes. Assay results for holes DM10-059 and DM10-062, and parts of DM10-071 and DM10-072 require confirmation through the Quality Control/Quality Assurance program, before data can be released. Additional sampling was done late in September, for which results are still pending. Composites of drill intersections are presented in Table I below and the location of the drill pads is shown in Figure 1. Drill intersections are core lengths; the true widths have not been calculated as the orientation of the veins is not known with certainty.. Gold assays above 30 g/t are in bold.

Quality Assurance/ Quality Control

Quality Control/Quality Assurance for the drill program consisted of inserting standards, blanks and duplicates into the sample stream. Daryl Hanson, P.Eng. acted as the company's Qualified Person, as defined by National Instrument 43-101 during the drilling program, and has reviewed and approved the full contents of this news release.