Day: August 28, 2012

Aurcana Corporation is pleased to announce an updated resource estimate for La Negra Mine, the Company’s silver, zinc, lead, and copper mining operation in the State of Queretaro, Mexico.

Pacific Comox Resources Ltd. reports that the access road for the Mabel gold/silver project in northern Sonora State, Mexico is being upgraded in preparation to start construction of the pad for the test heap leach of the drill intersected mineralization on the Carmelitas Zone. The environmental and land clearing permits for the pad have been completed.

Almaden Minerals Ltd. is pleased to announce further results from the on-going exploration drill program at the Company’s 100% owned Tuligtic project, Mexico with holes TU-12-160, 163, 167, 171, 172, 177, 182, 183, 185 and 187. Apart from hole TU-12-172, all holes reported today are from sections 10+150 and 10+200 at the extreme southwest end of the known mineralisation. The intersections reported today from both these sections indicate that significant mineralisation exists in volcanic rocks in this area. Hole TU-12-172 was drilled on section 10+450 into the Main Ixtaca Zone.

Mapping by Ocean Park has discovered mineralized skarn on the new claim with copper mineralization that is visually similar to that drilled at Cerro Grande. Assay results from this new skarn, the “Andalucia” zone, are pending. At this time, the skarn has been exposed in a series of trenches across 75 metres of strike in an area of limited bedrock exposure. As at Cerro Grande, the skarn is developed at the contact between the same granodiorite intrusion to the east and metasediments and metavolcanics to the west, with a strong structural control. The new zone is 2.5 kilometres south of previous drilling and indicates the mineralized intrusive-sediment contact has multi-kilometre, multi-zone potential.