Month: April 2012

Yale Reports on AGM

Yale Resources Ltd. (TSX-V – YLL and Frankfurt – YAB) is pleased to report that all resolutions were passed at its Annual General Meeting held on April 10, 2012. The Board of Directors and management would like to thank all shareholders for their support and confidence.

Silver Bull Intersects 8.45 Meters of Massive Sulpide Grading at 16.98% Zinc, 5.45% Lead and 57.29g/t Silver in a Previously Undrilled Area 500 Meters to the North of the “Shallow Silver Zone” At The Sierra Mojada Project, Coahuila, Mexico.

Silver Bull Resources, Inc. is pleased to announce drill hole B11144 intercepted 8.45 meters of massive sulphide grading 16.98% Zinc, 5.45% lead, and 57.29g/t silver in a previously untested zone 500 meters to the north of the Shallow Silver Zone.

Timmins Gold Reports Record Gold Production of 21,532 Ounces of Gold and Record Gold Recovery Ratio of 69% during Q1 2012

Timmins Gold Corp. reports record gold production of 21,532 gold ounces and a gold recovery ratio of 69% for its Q1 2012 fiscal quarter ended March 31. The recovery ratio is defined as the ratio of gold ounces produced divided by the number of contained gold ounces stacked over a specific period. Timmins Gold also produced 11,740 ounces of silver during the quarter.

Endeavour Silver Reports Record Production in First Quarter, 2012; Produces 1,072,491 oz Silver (Up 19%) and 6,321 oz Gold (Up 26%); Final NI 43-101 Reserve and Resource Report Results in Minor Adjustments to Reserves and Resources

Endeavour Silver Corp. announced today that the Company set new records for silver and gold production in the First Quarter, 2012 from the Company’s two operating silver mines in Mexico, the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State.

Urastar Drills Near Surface Gold at La Juliana in Sonora Mexico

Urastar Gold Corp. reports assays from 13 reverse circulation drill holes resulting in significant new gold intersections on the La Juliana Deposit. The Juliana Gold project is located in the prolific Sierra Madre Gold Belt approximately 7 km from Alamos Gold’s flagship Mulatos Gold Mine (see location map at www.Urastargold.com ). New assay highlights include 20 ft grading 1.9 g/t Au from the 150 to 170 foot level (more details in table below).

Source announces filing of Technical Report on the Capricho Property in Sinaloa State, Mexico

Source Exploration Corp. is pleased to announce that it has filed a National Instrument 43-101 – Standards for Disclosure of Mineral Projects compliant technical report with respect to the Capricho property located in Sinaloa State, Mexico on SEDAR at http://www.sedar.com. The report, entitled “Technical Report on the Capricho Au-Ag Property, Sinaloa State, Mexico”, dated March 22, 2012 was prepared for the Corporation by Tim Twomey, a qualified person within the meaning of NI 43-101.The report has been posted on the Company’s website at http://www.sourceexploration.com.

Mercator Minerals Reports First Quarter 2012 Production Results

Mercator Minerals Ltd. is pleased to announce the production results for the three months ended March 31, 2012 from its wholly-owned Mineral Park Mine in Arizona. Production for the quarter totalled 20.1 million pounds of copper equivalent(i), which consisted of 9.9 million pounds of copper in concentrates and cathode copper, 2.3 million pounds of molybdenum and 211,431 ounces of silver.

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