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Molycor Enters Option Agreement with Pilot Gold Inc.

Molycor Gold Corp.(TSXV:MOR) announced the optioning of its Nevada Gold property. The Company entered into an option agreement with Pilot Gold Inc. The agreement allows Pilot Gold to earn an initial 60% of the Griffon Gold property and an additional 10% after the development of expenses over a four year

David Wakefield Joins Technical Advisory Committee

Molycor Gold Corp. (TSXV:MOR,FWB:M1V) announced that David Wakefield has joined its Technical Advisory Committee. With over thirty eight years of experience in the electric power and process industries, his expertise encompasses independent power generation and electric utility equipment.

Molycor Closes Private Placement

Molycor Gold Corp. (TSXV:MOR,PINK SHEETS:MLYFF,FWB:M1V) is pleased to announce that the Company has closed its Non-Brokered Private Placement announced in its news releases dated on August 29, 2011 and September 22, 2011.

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