AGUA BRANCA

ELDORADO GOLD CORPORATION released its Quarterly report. Final payment was made for the Agua Branca gold property located in Brazil as the 2011 drill campaign was successfully completed.

Brazauro Resources announced the initial results obtained from a series of geochemical soil samples collected from the Agua Branca property, adjacent to the company’s flagship Tocantinzinho deposit in the Tapajós region of Pará State, Brazil. Highlights of the results include; values ranging between 100 ppb and 600 ppb gold for the north-westerly trending soil geochemistry anomaly extending more than 1,000 m. Brazauro Resources plans an initial 2,000 m drilling program scheduled to May 2010 to investigate this soil anomaly. Results obtained by Brazauro Resources’ sampling have extended the previous geochemical trends and developed an additional target within the Tocantinzinho trend.

Talon Metals Corp. concluded an agreement with Brazauro Resources Corporation whereby Brazauro was granted an option to earn a 100% interest in Talon’s Água Branca Gold Project.