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To: LoneClone who wrote (19326)	5/9/2008 10:01:46 PM
From: LoneClone	Respond to of 194794

Highbank Options Moly Prospect in the Republic of Ireland Fri May 9, 11:27 AM ca.news.finance.yahoo.com VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 9, 2008) - Highbank Resources Ltd. ("HBK"), (the "Company") (TSX VENTURE: HBK.V)(FRANKFURT:V7O) is pleased to announce it has entered into a Letter of Intent ("LOI") to acquire a 100% interest in the Murvey and Mace molybdenum ("moly") Prospecting Licenses located in the County of Galway, Republic of Ireland. Previous exploration programs on the licenses outlined two mineralized areas. The Murvey Prospect was explored by shallow drilling in the late 1960's. A small near-surface deposit was outlined that was estimated to contain 240,000 tonnes at 0.13% Mo. The Mace Prospect, located within a separate license (45 square km), comprises a porphyry moly-copper system that follows a wide zone of shearing for at least 2 km. The porphyry system was partially explored during 1968-1970 by exploration programs that included more than 2000 metres of shallow drilling. The drill holes were located in the central portion of a strong geochemical anomaly - an area that measures 1400 metres in length and up to 300 metres in width. The drill holes were shallow (mainly less than 50 metres depth) and were widely spaced except within a segment of about 200 metres by 200 metres. Assays from eight diamond drill holes within this segment indicated an average grade of 0.08% moly and 0.07% copper for the portions of the core that were analysed - about 50% of the total length of material cored. More widely dispersed drill holes along the mineralized zone gave comparable moly-copper indications. The deepest of these holes (approx. 70 metres) intersected 6.1 metres at 0.11% Mo close to the bottom of the hole. The deepest 14.3 metres in another hole assayed 0.15% Mo and 0.19% Cu. It has been concluded that the Mace prospect constitutes a valid exploration target, with a potential for an open-pit moly-copper deposit, however there has been insufficient exploration to define the quantity and grade at this time. The mineralized results above predates and therefore does not conform to the more stringent reporting requirements of NI 43-101 and should not be relied upon according to those standards. HBK has not yet done exploration work to verify or clarify the historical estimates as a current mineral resource and the Company is not treating the historical estimates as a current mineral reserve or resource. The above information has been extracted from a report compiled by William R. Bergey, P.Eng. dated February 19, 2006. The technical information has been reviewed and approved by William R. Bergey, P.Eng., an independent Qualified Person under NI 43-101. HBK believes that the historical information provides a favourable indication of the potential of these prospects and looks forward to further developing these licenses. The Company has commissioned a NI 43-101 Report to be completed by June 30, 2008. Moly price information obtained from the U.S. Geological Survey ("USGS"), Mineral Industry Surveys has shown an increase of US$11.75/kg in 2003 to US$64.68/kg in 2007. Current molybdenum oxide prices have risen over $70.00. The terms of the LOI provide that HBK will issue a total of 2.0 million common treasury shares in stages, with the first 500,000 shares at a deemed price of $0.20 to be issued within five (5) days of TSX Venture Exchange ("Exchange") approval, and a total of $250,000 in staged cash payments. HBK has agreed to grant warrants to the vendors to purchase up to an additional 500,000 common shares exercisable at the price of $0.30 per share for two years from Exchange approval. HBK has also agreed to expend up to $500,000 in exploration and development expenditures on the Licenses, to be completed within one year of Exchange approval. A finders fee is payable as per regulatory guidelines. The LOI and Finders Fee are subject to Exchange acceptance for filing. PRIVATE PLACEMENT The Company is pleased to announce it has arranged a non-brokered private placement to raise up to $750,000 by the sale of 3,000,000 units at $0.25 per unit. Each unit will consist of one common share and one two year non-transferable share purchase warrant. One warrant will entitle the holder to purchase one additional common share of the Company for a period of two years at a price of $0.35 in the first year and $0.45 per share in the second year. INCENTIVE STOCK OPTIONS The Company has granted 600,000 incentive stock options to directors, officers and consultants under its Stock Option Plan for a period of two years at a price of $0.25 per share. All securities issued are subject to regulatory approval, and a four-month hold period. ON BEHALF OF THE BOARD OF DIRECTORS Jake Bottay, President/Director Statements contained in this news release contain certain forward-looking statements and information relating to Highbank's future plans, timing of development or potential expansion or improvements. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties include, but are not limited to, Highbank's ability to raise sufficient capital to fund development, changes in economic conditions or financial markets, changes in prices for products, increases in environmental and other regulatory developments, operational difficulties or inability to obtain permits encountered in connection with our development activities, and changing foreign exchange rates. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Contacts Jake Bottay Highbank Resources Ltd. President/Director (604) 683-6648 (604) 683-1350 (FAX) Email: highbank@telus.net Website: www.highbankresources.com

To: LoneClone who wrote (19326)	5/9/2008 10:05:05 PM
From: LoneClone	Read Replies (1) \| Respond to of 194794

Taranis Resources Inc. Increases Land Position at Thor 370% & Selects Atlas Drilling Limited to Conduct 10,000 m of Core Drilling Fri May 9, 1:57 PM ca.news.finance.yahoo.com LAKEWOOD, CO, May 9 /CNW/ - Taranis Resources Inc. ("Taranis") (TSX.V: TRO) is pleased to announce further advancement of its exploration activities relating to the Thor volcanogenic massive sulphide deposit located southeast of Revelstoke, British Columbia. Additional Land Acquisition Taranis has been able to acquire through staking and owns 100% a number of Mineral Tenures (1,023 hectares) around the Thor property that are prospective for mineral deposits, as well as for potential exploitation activities. Taranis also currently holds a 100% interest in 27 Crown Grant Mineral Claims (273 hectares) which host the deposit in its entirety, and constitutes the main exploration target. Atlas Diamond Drilling Limited Taranis has engaged Atlas Diamond Drilling Limited to conduct a 10,000 m NQ-size diamond drilling program at the Thor Property. The core drilling is expected to commence in early June 2008, and will utilize two diamond drills. Initially one of these drills will be placed on the Great Northern Zone to conduct definition drilling of the deposit where the 2007 diamond drilling was able to identify mineralization on sections spaced 150 m apart (Sections 330m S and Section 180m S), and remains open at depth and along strike. The second drill will conduct exploratory drilling around the Blue Bell Mine where geophysical surveying last year identified a large conductive body down-plunge of the known mineralization. Snow conditions on the property necessitate drilling of the remaining zones ("50-0-50" Anomaly, Broadview and Switchback Zones) beginning in the late June. The company has posted a longitudinal on its website www.taranisresources.com that summarizes the 2006/2007 sampling and drilling, and demonstrates the large- scale potential of the Thor property. President and CEO John Gardiner states "We are genuinely excited about the prospects of expanding the known precious and base metal mineralization at Thor. The project has sat dormant for many years since it was initially found in the late 1800's, and has never been systematically explored. It is our premise that systematic diamond drilling will add considerable value to the project by enhancing its size, and understanding the geology of the deposit." About Taranis Resources Inc. Taranis currently has 16,477,440 shares issued and outstanding (19,147,219 shares on a fully-diluted basis). TARANIS RESOURCES INC. Per: John J. Gardiner (P. Geol.), President and CEO The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Contacts For Investor Relations contact: John Gardiner 14247 West Iliff Avenue Lakewood Colorado Phone: (303) 716-5922 or (720) 209-3049 johnjgardiner@taranis.us George Kent 130 Carlton Street Toronto Ontario Phone: (416) 323-0783 georgerkent@sympatico.ca