Day: July 31, 2012

Excellon Executive Chairman says a blockade outside the La Platosa mine has more to do with union issues then a water treatment plant.

Riverside Resources Inc. is pleased to announce that Cliffs Natural Resources Exploration Inc., a wholly-owned subsidiary of Cliffs Natural Resources Inc., has extended the generative phase of the Cliffs-Riverside IOCG Exploration Alliance for an additional year, with a further funding commitment of $750,000. Cliffs has also agreed to fund an additional $330,000 (approximate) for drilling the previously acquired Huerta target in Jalisco, Mexico.

Avino Silver & Gold Mines Ltd. is pleased to announce that it has entered into an option and joint venture agreement with Endeavour Silver Corp., whereby Endeavour was granted the option to acquire up to a 75% interest in the Laberinto Property, Durango State, Mexico, consisting of approximately 91.7 hectares. In order to exercise the option, Endeavour must pay up to US $200,000 in annual installments over 4 years to Avino in option payments, and incur up to US$3 million in exploration work on the Property over the next 4 years.

Endeavour Silver Corp. announces that it has entered into two separate option and joint venture agreements to earn up to a 70% interest in the Panuco silver-gold exploration property from a private company, Arcelia Gold Corp., and a 75% interest in the Laberinto silver-gold exploration property from an NYSE-MKT-listed company, Avino Silver and Gold Mines Ltd. Both properties are located about 60 kilometers (km) north-northeast of Durango City in Durango, Mexico.