Day: October 19, 2012

Oremex Silver Inc. announced that it has closed the first tranche of the non-brokered private placement previously disclosed by the Company on October 1, 2012. The first tranche of the Private Placement raised gross proceeds of $318,850 through the issue of 5,314,166 units of the Company, each Share Unit consisting of one common share and one common share purchase warrant, at a purchase price of $0.06 per Share Unit. Each Warrant is exercisable into Shares at a price of $0.10 per Share, expiring in five (5) years from the date of issue.

Mercator Minerals Ltd. is pleased to announce today, further to the September 4, 2012 press release, it has filed an updated El Pilar National Instrument 43-101 compliant Feasibility Study Technical Report on SEDAR (www.sedar.com). The 2012 FS is an update to the Feasibility Study completed November 2011, which further enhances the potential development of a robust, large-scale, low-cost copper mine at the El Pilar project, located in the mining friendly jurisdiction of the northern Mexican state of Sonora.

Noront Resources Ltd. is pleased to announce the appointment of Mr. Tom Anselmi to the Board of Directors of Noront subject to approval by the TSX Venture Exchange.

Gold Resource Corporation reported on Thursday that it has picked Jesus Rivera, a mining and metallurgy engineer with experience in underground mining operations, as general manager of its Mexican Oaxaca mining business, which is in charge for company’s El Aguila project.

Orex Minerals Inc. would like to announce that Dr. Petri Peltonen has resigned from the board of directors and has been replaced by Jukka Jokela, who will serve as Northland Resources S.A.’s appointee to the Orex Board of Directors.

Arco Resources Corp. announces that it has extended the expiry date of its unexercised share purchase warrants, issued April 25, 2011, to October 31, 2013. The extension, which is subject to the approval of the TSX Venture Exchange, applies to the 8,000,000 Warrants still outstanding.