Day: May 7, 2012

Almaden Hits 29.45 Meters of 3.21 g/t Gold and 136.3 g/t Silver (5.9 g/t AuEq) on Main Ixtaca Zone

Almaden Minerals Ltd. is pleased to announce further results from the on-going 4 drill exploration program on the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-96, TU-12-98 and TU-12-106 to 125. Holes TU-12-98, 109, 113 and 116 were drilled on the Northeast Extension Zone. Holes TU-12-110, 114, 118,119 and 122 were drilled into the Ixtaca North Zone. The remainder of the holes reported in this release were drilled into the Main Ixtaca Zone with holes TU-120, 123 and 124 from infill sections spaced at 25 meters from previous 50 meter spaced sections. Holes TU-12-108, 111, 117 and 121 on sections 10750 and 10800 demonstrate continuity of the Main Ixtaca Zone up-dip and along strike to the northeast.

Golden Goliath Exploration Update

Golden Goliath Resource’s highly experienced exploration team has made great advances in defining the resource potential on the Company’s 100% owned Nopalera property in the Sierra Madre Gold-Silver Belt of northwestern Mexico.

SilverCrest Reports 127.4m @ 65.6 gpt Ag Eq(i) at La Joya Expands Main Mineralized Trend to Northeast and Southwest

SilverCrest Mines Inc. is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012). New results show the Trend expanding an additional 200 metres to the northeast and 100 metres to southwest with the average width increasing from 500 to approximately 700 metres along a strike length of 2,500 metres.

Termination of Escondida and Caldera Option Agreements

Windstorm Resources Inc. after reviewing the results of its exploration activities on the Escondida gold-silver property in San Luis Potosi, Mexico, has decided to give notice and has terminated its option to acquire an interest in the property.

Jeff Hussey Joins Technical Advisory Board

Starcore International Mines Ltd. is pleased to announce that Jeff Hussey, P. Geo. and currently Executive Vice President, Development of Champion Minerals Inc. has joined Starcore’s Technical Advisory Board.

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