Day: March 30, 2012

HALIFAX, March 30, 2012 /CNW/ – GoGold Resources Inc. (TSXV: GGD) (“GoGold”) is pleased to announce that it has entered into a letter agreement with Absolute Gold Holdings Incorporated (“Absolute”) effective March 30, 2012, relating to a transaction pursuant to which GoGold would acquire all of the issued and outstanding common shares of Absolute in exchange for the issuance of 0.81 of a common share of GoGold by way of a share exchange, merger, amalgamation, arrangement, share purchase or other similar form of transaction (the “Transaction”). Upon completion of the Transaction GoGold will continue to operate under the name “GoGold Resources Inc.” (the “Resulting Issuer”).

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide this summary of its financial and operating results for 2011. A copy of the Company’s consolidated financial statements for the year ended December 31, 2011, along with Management’s Discussion and Analysis in respect thereof has been filed on SEDAR and is also available on the Company’s website at www.excellonresources.com . All figures unless otherwise noted are in US$.

New Millennium Iron Corp. (“NML” or the “Corporation”) (TSX:NML) announced today its financial results for the fourth quarter and year ended December 31, 2011.

Argonaut Gold Inc. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2011. All dollar amounts are expressed in United States dollars unless otherwise specified.

Goldgroup Mining Inc. has filed its audited financial results for the year ended December 31, 2011. The consolidated financial statements along with management’s discussion and analysis are available on SEDAR at www.sedar.com and on the Company’s website at www.goldgroupmining.com. All currency references are in United States dollars, unless otherwise noted.