Day: February 15, 2012

Agnico-Eagle Mines Limited (“Agnico-Eagle” or the “Company”) today reported a quarterly net loss of $601.4 million, or a loss of $3.53 per share for the fourth quarter of 2011. This result includes a $644.9 million partial writedown of the Meadowbank mine ($3.79 per share), a non-cash foreign currency translation loss of $3.6 million ($0.02 per share), stock option expense of $8.1 million ($0.05 per share), non-recurring tax audit expenses of $11.1 million ($0.07 per share), and other non-recurring expense items of $10.0 million ($0.06 per share). Excluding these items would result in normalized net income of $76.2 million ($0.45 per share) in the fourth quarte r of 2011. In the fourth quarter of 2010, the Company reported net income of $88.0 million ($0.53 per share).

Oro Mining Ltd. (“Oro Mining” or the “Company”) (TSX VENTURE:OGR) announces that further to the news release dated February 2, 2012, the Company has increased the brokered private placement of units at $0.11 per unit from up to 52,272,728 units to up to 71,837,000 units for aggregate gross proceeds of up to $7,902,070. As previously disclosed, each unit is comprised of one common share and one-half of one non-transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at an exercise price of $0.20 for two years from the date of closing.

High Desert Gold Corporation (TSX VENTURE:HDG)(OTCQX:HDGCF) (“HDG” or the “Company”) is pleased to report that HDG and Haywood Securities Inc. have agreed to increase the size of HDG’s previously announced private placement (the “Private Placement”) to an aggregate size of up to 21 million units of the Company (each a “Unit”) for total gross proceeds of up to approximately $4.7 million.

GOLDCORP INC. reported fourth quarter gold production of 687,900 ounces at a total cash cost1 of $261 per ounce, leading to record revenues of $1.5 billion and operating cash flows before working capital changes2 of $831 million. Reported net earnings in the quarter were $405 million compared to $560 million in the fourth quarter of 2010. Adjusted net earnings3 were $531 million, or $0.66 per share, compared to $431 million, or $0.59 per share, in the fourth quarter of 2010.

VANCOUVER, BRITISH COLUMBIA, Feb 15, 2012 (MARKETWIRE via COMTEX) — First Mexican Gold Corp. (the “Company” or “FMG”) (frankfurt:21M) is pleased to report that the acquisition of 100% of the Guadalupe project has been completed in Yecora District of Sonora State, Mexico from Minera Internacional Milenio S.A. de C.V. (MIMSA), a wholly owned subsidiary of International Millennium Mining Corp. (IMMC). This project now is comprised of Hilda 30, Hilda 37/38 properties, Hilda 31/32 plus Santa Martha, El Hoyo, San Martin, Panda, Santa Patricia, Vianney and the Kootenay Gold Inc. La Cabana properties.

Silvermex Resources Inc. reports fourth quarter production results from its La Guitarra mine, located in the Temascaltepec mining district in the State of Mexico. Silver production increased from the previous quarter to 134,106 ounces and gold production to 1,010 ounces.