Prophecy Platinum board appointment.

Prophecy Platinum appoints Sylvestre to board

Prophecy Platinum Corp (C:NKL)
Shares Issued 55,203,247
Last Close 2/3/2012 $3.68
Monday February 06 2012 - News Release

Mr. John Lee reports.

PROPHECY PLATINUM APPOINTS MIKE SYLVESTRE AS DIRECTOR

Prophecy Platinum Corp. has appointed Mike Sylvestre to its board of directors.

For most of his career, Mr. Sylvestre worked with Inco Ltd. where he most recently held senior management positions domestically and internationally. Most notably, he was the chief executive officer of Vale Inco, New Caledonia, president of Vale Inco, Manitoba operations, and vice-president of operations PT Inco, Indonesia. Mr. Sylvestre brings over 35 years of mining experience to Prophecy.

Mr. Sylvestre holds an MSc and a BSc in mining engineering from McGill University and Queen's University, respectively. He is also a member of the Professional Engineers of Ontario and the Canadian Institute of Mining.

John Lee, chairman of Prophecy, states: "We are pleased to have Mr. Sylvestre join our board. With his technical background and mining experience, Mike will play a valuable role in advancing our Wellgreen project from mine planning to eventual production."

The company also wishes to announce that it has granted options to acquire an aggregate of 240,000 common shares at a price of $3.68 per share for a period of five years to a director, employee and consultants of the company. The above grant is subject to regulatory approval, including the approval of the TSX Venture Exchange.

We seek Safe Harbor.

CARMAX DRILLS 0.54% CU, 0.029% MO, 2.30 G/T AG,

AND 0.284 G/T AU OVER 161 M AT EAGLEHEAD PROPERTY, BC

Carmax Mining Corp. {TSX-V:CMX} has now received results from the remaining 16 of the 25 holes drilled in the 2011 exploration season on the East zone and Bornite zone target areas of its flagship Eaglehead copper-molybdenum project located in northwestern British Columbia. The total program consisted of the drilling of 8,300 metres in 25 holes. Results from the first eight holes were released in Carmax's release of Dec. 7, 2011. All samples of split diamond drill core from the 2011 program were forwarded to and assayed by ACME labs of Vancouver.

The Eaglehead property hosts at least six areas of porphyry-style Cu-Mo mineralization extending to more than eight kilometres along strike. The 2011 summer exploration program focused on two of these target areas; being the East zone and the Bornite zone. In general, low-grade gold and silver values are associated with Cu-Mo mineralization. Future drilling programs will be designed to further delineate the East zone and the Bornite zone mineralization, as well as to drill test the remaining four major target areas of the vast Eaglehead property.

The company has engaged Roscoe Postle Associates Inc. (RPA) of Toronto to complete an independent estimate of NI 43-101-complaint mineral resources of these two areas taking into consideration the results now received from the 2011 program. Completion of the report is anticipated for April, 2012.

The East zone hosts at least 10 subvertical zones of west-northwest-trending porphyry-type Cu-Mo mineralization within variably hydrothermally altered granodioritic rocks. The Bornite zone also contains at least eight areas of Cu-Mo mineralization with similar orientation to the East zone.

The results to date indicate extensions to previously known mineralized zones with Cu, Mo, silver and gold values with grades ranging from 0.16 per cent Cu to 3.33 per cent Cu over drill core intervals ranging from three m to 161 m. The individual mineralized zones in both areas range in horizontal (true) thickness from five m to 80 m.

The mineralized zones in both areas extend more than 400 m at depth within hydrothermally altered and mineralized zones that are approximately 500 m wide and 700 m to 800 m long. The table summarizes the results received from the last 16 holes of the 2011 summer drilling program.

Highlights of the results are as follows.

East zone

• 0.99 per cent Cu, 0.001 per cent Mo, 4.90 grams per tonne Ag and 0.060 g/t Au over 21 m in hole 99A;
• 0.84 per cent Cu, 0.022 per cent Mo, 1.80 g/t Ag and 0.051 g/t Au over 11 m in hole 100;
• 0.47 per cent Cu, 0.004 per cent Mo, 0.80 g/t Ag and 0.028 g/t Au over 35 m in hole 105;
• 0.27 per cent Cu, 0.006 per cent Mo, 1.40 g/t Ag and 0.063 g/t Au over 66 m in hole 107.

Bornite zone

• 0.45 per cent Cu, 0.007 per cent Mo, 1.00 g/t Ag and 0.034 g/t Au over 37 m in hole 110;
• 0.47 per cent Cu, 0.004 per cent Mo, 3.60 g/t Ag and 0.082 g/t Au over 35 m also in hole 110;
• 0.58 per cent Cu, 0.013 per cent Mo, 6.40 g/t Ag and 0.202 g/t Au over 34 m in hole 112B;
• 0.54 per cent Cu, 0.029 per cent Mo, 2.30 g/t Ag and 0.284 g/t Au over 161 m in hole 114;
• 0.55 per cent Cu, 0.009 per cent Mo, 1.20 g/t Ag and 0.015 g/t Au over 20 m in hole 120;
• 0.45 per cent Cu, 0.013 per cent Mo, 1.30 g/t Ag and 0.132 g/t Au over 31 m also in hole 120.

Detailed results of the mineralized intersections are presented in the table.

                         EAST ZONE DRILL HOLES
                           

               Intersection  Inter-      
                    (m)        val       Cu     Mo     Ag     Au
Hole ID         From     To     (m)       %      %    g/t    g/t

99A             40.0   65.0   25.0     0.19  0.000   0.40  0.015
               182.0  203.0   21.0     0.99  0.001   4.90  0.060
               419.0  422.0    3.0     0.21  0.004   0.60  0.010
100             22.0   54.0   32.0     0.24  0.000   0.60  0.010
               138.0  149.0   11.0     0.84  0.022   1.80  0.051
Including      143.0  148.0    5.0     1.27  0.023   2.90  0.071
               169.0  197.0   28.0     0.37  0.024   1.10  0.131
               239.0  244.0    5.0     0.28  0.002   0.50  0.010
               251.0  304.0   53.0     0.47  0.010   1.90  0.056
Including      285.0  297.0   12.0     1.05  0.038   5.60  0.201
               309.0  313.0    4.0     0.43  0.001   0.70  0.010
               321.0  334.0   13.0     0.18  0.001   0.60  0.010
               351.0  375.0   24.0     0.24  0.003   0.70  0.010
               414.0  423.0    9.0     0.42  0.023   3.70  0.218
               436.0  450.0   14.0     0.22  0.015   0.80  0.027
               473.0  518.0   45.0     0.28  0.010   1.20  0.040
105             36.0   55.0   19.0     0.68  0.002   2.20  0.023
Including       39.0   44.0    5.0     1.56  0.001   5.10  0.025
                70.0   81.0   11.0     0.18  0.004   0.40  0.008
                98.0  103.0    5.0     0.25  0.004   1.10  0.010
               108.0  113.0    5.0     0.22  0.002   0.60  0.031
               181.0  187.0    6.0     0.17  0.001   0.50  0.007
               214.0  219.0    5.0     0.31  0.002   1.40  0.014
               295.0  330.0   35.0     0.47  0.004   0.80  0.028
Including      296.0  299.0    3.0     3.33  0.008   2.40  0.038
               339.0  343.0    4.0     0.33  0.001   2.30  0.082
               370.0  375.0    5.0     0.24  0.003   1.30  0.024
               393.0  401.0    8.0     0.28  0.004   0.50  0.179
106             60.0   69.0    9.0     0.23  0.000   0.70  0.022
                87.0   94.0    7.0     0.36  0.001   1.80  0.048
               102.0  111.0    9.0     0.24  0.005   1.20  0.013
               142.0  150.0    8.0     0.33  0.014   0.70  0.022
               157.0  160.0    3.0     0.33  0.018   1.30  0.045
               166.0  171.0    5.0     0.36  0.001   1.20  0.018
               189.0  207.0   18.0     0.35  0.033   2.80  0.166
Including      202.0  205.0    3.0     1.16  0.022   8.40  0.637
               217.0  233.0   16.0     0.39  0.018   2.10  0.040
Including      217.0  220.0    3.0     0.91  0.033   6.20  0.041
               281.0  296.0   15.0     0.37  0.012   1.70  0.236
107            131.0  144.0   13.0     0.23  0.002   0.70  0.011
               156.0  222.0   66.0     0.27  0.006   1.40  0.063
Including      200.0  208.0    8.0     0.48  0.012   2.60  0.279
               233.0  241.0    8.0     0.22  0.004   1.10  0.015
               260.0  278.0   18.0     0.26  0.004   1.10  0.041
               284.0  291.0    7.0     0.70  0.004   1.60  0.092
108             30.0   40.0   10.0     0.25  0.003   1.40  0.133
                56.0   62.0    6.0     0.19  0.007   1.70  0.062
                85.0  100.0   15.0     0.38  0.001   2.30  0.033
               119.0  122.0    3.0     0.93  0.003   3.20  0.018
               260.0  264.0    4.0     0.22  0.001   0.70  0.020
109            102.0  115.0   13.0     0.34  0.005   2.00  0.048
Including      109.0  115.0    6.0     0.57  0.009   3.60  0.082
               130.0  149.0   19.0     0.19  0.003   0.90  0.031
               161.0  164.0    3.0     0.26  0.002   0.50  0.012

                                                                            
                       BORNITE ZONE DRILL HOLES

               Intersection  Inter-      
                    (m)        val       Cu     Mo     Ag     Au
Hole ID         From     To     (m)       %      %    g/t    g/t

110             32.0   58.0   26.0     0.25  0.000   0.60  0.014
Including       40.0   44.0    4.0     0.47  0.000   1.40  0.027
                71.0   74.0    3.0     0.42  0.001   1.10  0.065
               104.0  107.0    3.0     0.34  0.001   1.00  0.027
               117.0  128.0   11.0     0.24  0.001   0.60  0.029
               138.0  153.0   15.0     0.27  0.001   0.80  0.025
Including      151.0  153.0    2.0     0.60  0.003   1.10  0.015
               159.0  176.0   17.0     0.30  0.001   0.50  0.023
               194.0  231.0   37.0     0.45  0.007   1.00  0.034
Including      200.0  202.0    2.0     1.52  0.020   2.40  0.094
And including  208.0  211.0    3.0     1.45  0.023   3.80  0.248
               239.0  258.0   19.0     0.28  0.003   1.70  0.019
               267.0  302.0   35.0     0.47  0.004   3.60  0.082
Including      273.0  275.0    2.0     1.20  0.001   3.60  0.157
And including  297.0  299.0    2.0     2.24  0.002  14.50  0.337
               311.0  329.0   18.0     0.31  0.004   1.30  0.048
               344.0  361.0   17.0     0.32  0.004   2.30  0.107
111             31.0   46.0   15.0     0.30  0.000   2.80  0.036
                62.0   82.0   20.0     2.04  0.005   9.30  0.208
Including       74.0   82.0    8.0     4.81  0.011  22.00  0.499
                87.0  101.0   14.0     0.28  0.002   3.40  0.113
               113.0  137.0   24.0     0.29  0.009   1.90  0.134
               190.0  196.0    6.0     0.36  0.002   0.80  0.136
112B            70.0   91.0   21.0     0.71  0.009   6.20  0.597
Including       74.0   82.0    8.0     1.04  0.016  10.00  0.130
               111.0  145.0   34.0     0.58  0.013   6.40  0.202
Including      126.0  135.0    9.0     1.23  0.017  16.50  0.285
               151.0  162.0   11.0     0.33  0.002   1.70  0.093
               167.0  170.0    3.0     0.22  0.009   0.90  0.026
               207.0  219.0   12.0     0.21  0.000   0.70  0.027
               251.0  260.0    9.0     0.14  0.001   2.20  1.265
113              9.7   16.0    6.3     0.36  0.001   1.80  0.111
                34.0   47.0   13.0     0.29  0.001   0.50  0.019
                92.0  178.0   86.0     0.30  0.014   1.00  0.137
Including      110.0  118.0    8.0     0.75  0.017   1.40  0.099
               198.0  215.0   17.0     0.19  0.001   1.40  0.069
114             15.0   22.0    7.0     0.18  0.000   0.30  0.001
                50.0   55.0    5.0     0.52  0.004   4.10  0.070
               134.0  295.0  161.0     0.54  0.029   2.30  0.284
Including      134.0  137.0    3.0     1.77  0.016  15.80  0.571
And including  160.0  164.0    4.0     1.01  0.139   5.00  0.272
And including  195.0  204.0    9.0     1.30  0.058   2.60  0.078
And including  209.0  215.0    6.0     1.06  0.020   2.20  0.899
And including  225.0  233.0    8.0     1.17  0.065   4.10  1.088
And including  288.0  294.0    6.0     0.85  0.034   4.60  0.399
117              7.0   12.0    5.0     0.22  0.001   1.20  0.031
                21.0   26.0    5.0     0.26  0.000   0.50  0.022
               127.0  133.0    6.0     0.19  0.002   0.30  0.006
               187.0  192.0    5.0     0.44  0.002   1.40  0.022
               200.0  212.0   12.0     0.16  0.005   1.40  0.055
               226.0  231.0    5.0     0.24  0.001   0.80  0.036
               279.0  284.0    5.0     0.73  0.008   1.50  0.017
               292.0  303.0   11.0     0.18  0.003   0.20  0.010
               322.0  329.0    7.0     0.16  0.002   0.50  0.027
118             30.0   34.0    4.0     0.16  0.000   0.40  0.006
                71.0   79.0    8.0     0.21  0.001   0.70  0.011
               132.0  142.0   10.0     0.22  0.001   2.00  0.049
               200.0  209.0    9.0     0.19  0.000   0.50  0.005
120             31.0   51.0   20.0     0.55  0.009   1.20  0.015
Including       36.0   40.0    4.0     1.42  0.013   3.20  0.022
                61.0   92.0   30.0     0.45  0.013   1.30  0.132
Including       71.0   73.0    2.0     1.03  0.006   2.90  0.142
                99.0  102.0    3.0     0.23  0.011   1.60  0.009
               122.0  129.0    7.0     0.25  0.001   1.20  0.218
               141.0  146.0    5.0     0.83  0.003   1.20  0.026
               160.0  164.0    4.0     0.20  0.003   0.70  0.049

Hrayr Agnerian, PGeo, a director of Carmax, is the qualified person as defined in NI 43-101, and has reviewed the technical information contained in this news release.

Jevin Werbes, president of Carmax, states: "We are very pleased with the results received from the 2011 summer exploration program. The results indicate a potential for bulk minable porphyry-style copper-molybdenum mineralization. Carmax is anticipating its resource estimate from RPA around April, 2012, and with copper prices appreciating once again, we look forward to planning and sharing our 2012 exploration plans."

About the Eaglehead project

The Eaglehead Cu-Mo project is located approximately 1,100 km north of Vancouver and approximately 48 km east of Dease Lake, a town of approximately 200 people, in northwestern British Columbia. The northwest-southeast-oriented property extends approximately 28 km along strike from Eaglehead Lake at its northwestern extremity to approximately eight km past Tournigan River in the southeastern part of the property. The property comprises 31 mineral claims consisting of 613 cells covering a total area of approximately 11,410 hectares in the Liard mining division of British Columbia.

Copper and molybdenum mineralization on the Eaglehead property is typical of porphyry Cu-Mo systems associated with hydrothermal alteration assemblages within intermediate volcanic rocks and granodioritic and monzonitic rocks. Mineralization is contained in altered rocks, which are localized by geological structures, and range in size from five m to more than 100 m wide and more than three kilometres long. Two mineralized structures trend northwest, and the third one trends east-southeast. Mineralization comprises altered zones, quartz stockworks and hydrothermal breccia zones that contain disseminated chalcopyrite and other sulphide minerals.

We seek Safe Harbor.

Kootenay hits 873 GPT silver over 18 metres in N.Zone

plus full drill results.

 Feb 01, 2012
Kootenay Hits 873 gpt Silver Eqv Over 18 Meters in NE Zone (471 gpt Ag, 9.42% Pb+Zn) and 150 gpt Silver Eqv Over 17 Meters in SW Zone (118 gpt Ag, 0.76% Pb+Zn) as Promontorio Drilling Continues to Produce High-Grade Silver Results Within 1km Mineralized

Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce assay results from an additional 6 drill holes from its 25,000 meter, ongoing, multi-phase, step out drill and resource definition program on its Promontorio Silver Project in Sonora, Mexico.

The Company reports the multi-rig diamond drilling program continues to yield high-grade results, while demonstrating continuity of silver mineralization in the top priority Southwest and Northeast zones across the property's central 1km mineralized corridor.

The strike continuity of silver mineralization in the Southwest Zone connecting to the NI 43-101 Pit Resource currently measures 140 meters to 300 meters. In the Northeast Zone, which sits 700 meters outside of the current NI 43-101 Pit Resource, mineralization along strike now extends approximately 210 meters.

States Kootenay CEO James McDonald "We continue to encounter multiple high-grade silver intercepts in the Northeast Zone and the Southwest Zone which once again underscores the strength and large upside potential of Promontorio's diatreme breccia hosted mineral system. We could not be more enthused and optimistic with results from the current multi-phase program. Approximately 4000 meters of drilling remain to be completed in the 25,000 meter drill program, following which time geologic modeling and a NI 43-101 resource update will be completed."

To view map of drill hole locations please visit:
http://www.kootenaygold.ca/i/projects/Promontorio/drillresultsmap.pdf

Highlights from the Northeast (NE) Zone include:

DH 110 in the Northeast Zone hits 18 meters of 873 pgt Silver Equivalent
(471 gpt Ag, 9.42% Pb+Zn) within 71 meters of 297 Silver Equivalent (149 gpt Ag, 3.46% Pb+Zn)

The high-grade intercept in DH 110 included 4.5 meters of 1146 gpt Silver Equivalent
(646 gpt Ag, 11.67% Pb+Zn) and a separate 4 meter interval of 1060 gpt Silver Equivalent
(667 gpt Ag, 9.21% Pb+Zn)

              
Highlights in the Southwest Zone include:

DH 106 hits 678 gpt Silver Equivalent over 4 meters (535 gpt Ag, 3.29% Pb+Zn)
DH 105 hits 17 meters of 150 gpt Silver Equivalent (118 gpt Ag, 0.76% Pb+Zn)

In the Southwest Zone DH 105 included two higher grade intervals of 392 gpt Silver Equivalent (310 gpt Ag, 1.91% Pb+Zn) over 4 meters and 350 gpt Silver Equivalent (287 gpt Ag and 1.48% Pb+Zn) over 2 meters