Day: June 18, 2012

Paramount Gold and Silver Corp. reported today that Mine Development Associates ( www.mda.com ) of Reno, Nevada is currently preparing an updated National Instrument 43-101-compliant mineral resource estimate for its 100%-owned San Miguel Project in Mexico for expected release in August, 2012. The updated estimate, originally scheduled for June, will cover five of the Project’s resource areas and will incorporate the results from over 33,000 meters of new drilling in 120 drill holes completed in these areas in 2011 and 2012. The new drill results increase by 41% the total amount of drill core available from these areas for inclusion in the updated resource estimate, compared to the last estimate released on December 28, 2011.

Mexus Gold US is a company engaged in the evaluation, acquisition, exploration, development and production of mining properties and conducts exploration activities for the salvage of precious metals contained in submarine communication cable.

San Marco has acquired an option to purchase 100% interest in the 362 ha. Angeles property in Sonora State, Mexico. The property has many old historical workings and according to locals, hosted a high grade underground copper, gold and silver mine at the beginning of the 20th century as indicated by remnants of milling, mining facilities as well as tailings.

Torex Gold Resources Inc. is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) in support of the Company’s May 4, 2012 news release, which included an updated mineral resource estimate at its Morelos Gold Project in Mexico.