Primary Metals Reports Year End Results

Metals News - Primary Metals Inc. ("Primary" or the "Company"), which operates the Panasqueira tungsten mine in Portugal, today announced audited financial results, in Euros, for the year ended March 31, 2007. Earnings for the year before non-cash income taxes were ?1.50 million (C$2.19 million or C$0.18 per share -- C$0.16 per share diluted). Earnings after non-cash income taxes of ?442,000 were ?1.04 million (C$1.52 million or C$0.12 per share -- C$0.11 per share diluted). Highlights for the 2007 financial year include: . Tungsten production of 99,095 MTUs (2006 -- 96,835 MTUs) . Sales of ?14,787,000 or C$21,605,000 (2005 - ?14,599,000) . Net earnings of ?1,502,000 or C$2,194,000 before non-cash income tax (2006 - ?4,585,000) . Net earnings of ?1,043,000 or C$1,524,000 after non-cash income tax of ?442,000 (2006 - ?7,340,000 after non-cash tax recovery) . Earnings per share of ?0.12 or C$0.18 before non-cash income tax (2006 - ?0.42 per share) . Earnings per share of ?0.08 or C$0.12 after non-cash income tax (2006 - ?0.68 per share after non-cash tax recovery) . Continued strength in tungsten prices . Continued capital improvements to the tungsten mine and processing plant at Panasqueira . Additions to the fleet of efficient low profile mining equipment . Completion of a new underground ramp to allow access to new mine areas . Completion of new NI 43-101 estimates confirming January 2007 reserves and resources . Increased Proven and Probable reserves of 2,430,000 tonnes at a grade of 0.243 % WO3 (containing 590,000 MTU tungsten trioxide) . Additional Indicated resources of 2,700,000 tonnes at a grade of 0.277% WO3 (containing a further 748,000 MTU tungsten trioxide) "Our Panasqueira mine continues to perform well and we are pleased with the progress and capital improvements that have been made," said Lewis Black, Chairman of the Company. "We have faced the need for extensive ongoing mine development while at the same time maintaining profitable operations. Tungsten prices have remained relatively strong and we look forward to a long and successful future for Panasqueira." The current improvement in the price of tungsten has enabled profitable mining of material previously considered uneconomic at times of low metal prices, while at the same time generating funds to permit necessary mine development and replacement of equipment. The Panasqueira mine has a long history of production of high quality wolframite concentrates and is the dominant producer of high quality tungsten concentrates outside China. Complete audited financial results for the year together with the Management Discussion and Analysis of Results and other information are available at www.sedar.com and at the Company's website at www.primarymetals.ca On Behalf of the Board of Directors, "James Robertson" ______________________ James Robertson, P. Eng., Director For further information contact: Vancouver Office: James Robertson Phone: 604.669.8988 Email: info@primarymetals.ca Website: www.primarymetals.ca Investor Relations: Jamie Mathers, Ascenta Capital Partners Inc. Phone: 604.628.5800 extension 236 Toll free: 1.866.684.4209 Email: jamie@ascentacapital.com The TSX Venture Exchange does not accept responsibility for the adequacy or the accuracy of this release. James Robertson, P. Eng., is a Qualified Person for Primary and has reviewed and approved the information contained in this News Release. See News Release dated March 29, 2007 for information about the independent reserve and resource estimates for the Panasqueira mine. (One MTU = 1 metric tonne unit or 10 kilograms of WO3 - tungsten trioxide. The mean quoted European price for tungsten is currently around US$240 per MTU of WO3) The Panasqueira mine is in full production regularly shipping concentrates of tungsten trioxide to its customers. Specific Quality Control/Quality Assurance ("QC/QA") procedures suc

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TTM RESOURCES INC. ACQUIRES NEW CLAIMS ADJACENT TO CHU MOLYBDENUM PROPERTY Vancouver, B.C. - (MetalsNews.com, August 31, 2010) – TTM Resources Inc. (the “Company”) announced that it has entered into Purchase Agreements with two vendors to acquire eight additional mineral claims adjacent to the Company’s Chu molybdenum property in northern British Columbia. The claims expand the area of the Chu property by approximately 1,970 hectares.