Day: May 1, 2012

Soltoro Ltd. has received an option payment from Argentum Silver Corp. whereby an additional 3,500,000 common shares and a payment of CDN $120,000 were made to Soltoro towards the acquisition of Soltoro’s Victoria and Coyote silver gold properties in Jalisco State, Mexico. Soltoro now holds a total of 6,300,000 shares of Argentum Silver (14% of the outstanding shares of Argentum Silver). Under the terms of the option agreement signed on April 25, 2011, Argentum Silver must evidence certain exploration expenditures in order to complete a 100% transfer of title interest of the Victoria and Coyote properties to Argentum Silver. On transfer of the properties, Soltoro will retain a 3% Net Smelter Return interest in each project whereby 1% can be purchased by Argentum Silver for US$1.5 million to a maximum of 2% for each project. Soltoro also retains the right to participate in additional Argentum Silver financings to maintain its percentage equity interest.

Lone Star Gold, Inc. is pleased to announce that on April 30, 2012, the Company signed an Investment Agreement with Fairhills Capital Offshore LTD outlining the terms and conditions under which the Investor has agreed to provide the aggregate amount of up to $24 million to the Company in exchange for the purchase of Lone Star’s Common Stock.

International Millennium Mining Corp. reports its financial statements and MD&A (the “Quarter and Annual Report”) for the 4th Quarter and Year Ended December 31, 2011 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the 2011 Audited Consolidated Financial Statements for the year ended December 31, 2011.

Alamos Gold Inc. reports operating and financial results for the first quarter of 2012 and provides a review of its operations, exploration and development activities.

Oro Mining Ltd. announces that at the Annual General Meeting of Shareholders held today, May 1, 2012, Messrs. Robert Kendrick, Ron Ewing, Stuart Rogers and John Brownlie were elected to serve as directors of the Company. In addition, all other motions put forth at the Meeting were approved, including the re-appointment of DeVisser Gray LLP as auditors of the Company and the ratification and re-approval of the Company’s 10% rolling stock option plan (subject to TSX Venture Exchange approval).

Amato Exploration Ltd. announced today that effective immediately, the Company has terminated its agreement with its Investor Relations consultant, Mr. Jose Perez. This action was done as a cost cutting measure to preserve the Company’s working capital. The Company thanks Mr. Perez for his service and wishes him well in his future endeavours. In the interim, all future Investor Relations activities will be handled by Amato’s President & CEO, Mr. James D. Romano.

Orex Minerals Inc. announces that it has engaged Jada Jennings as a Senior Communications & Investor Relations Consultant pursuant to an agreement dated May 1st, 2012. Ms. Jennings will be based out of the Vancouver head office, and will report to Gary Cope, President.