Category: Exploration and Development

Kootenay Silver Inc. is pleased to announce results from an additional 11 holes from its ongoing 30,000 meter, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. The holes are step out and exploratory holes testing 3 different target areas. Included is the extension of the Pit resource to the southwest and west, the Farm EM zone to the north and the Farm EM zone to the south.

Pan American Goldfields Ltd. is pleased to report the results of a comprehensive metallurgical testing program performed on samples from its 80% owned Cieneguita project, Chihuahua, Mexico. In addition, the Company also wishes to report the results of an updated mineral resource estimate incorporating the results of the metallurgical testing along with estimated mine and plant operating costs. The Cieneguita project is currently being operated on a pilot basis under an agreement between the Company and Minera Rio Tinto (“MRT”), a private Mexican company, with the Company receiving 35% of net cash flows until December 31st 2013. Further pilot production is contemplated into 2014 concurrent with the preparation of a planned definitive feasibility study examining a full scale commercial operation.

Oceanus Resources Corporation is pleased to announce that the TSX Venture Exchange has granted final approval of the Fundamental Acquisition, and that the Company has closed the Fundamental Acquisition originally announced on October 24, 2012 and closed a concurrent Non-Brokered Private Placement of $2,300,000.

La asociación civil Tetela Hacia el Futuro dio contestación ayer al desplegado publicado por Frisco y su Filial Minera Espejeras, reiterando su oposición a la expolotación de yacimientos de oro y plata a cielo abierto, como lo pretende la compañía del magnate Carlos Slim Helú.

Thompson Falls, Montana. United States Antimony Corporation announced mill assays on another 880 metric tons from the Minas Grande open pit at the Los Juarez silver-antimony-gold property averaged 1.13 % antimony, 7.32 ounces of silver (227 grams) per metric ton, and 0.09 ounces of gold (2.8 grams) per metric ton. The average mill recovery of these metals was 78% of the antimony, 80.5% of the silver, and 86% of the gold. Other zones besides Minas Grande are now being milled along the 3.5 kilometer (2.18 mile) strike and those results will be forthcoming. There is no assurance that these values will continue in other areas of the property.

Gold Resource Corporation is pleased to announce a new high-grade gold and silver zone at its Arista vein system with intercepts including 9.23 grams (0.27 ounces) per tonne gold and 1,039 grams (33.34 ounces) per tonne silver over 2.9 meters. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $75 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver.

Excalibur Resources Ltd. is pleased to provide an update on the sampling program at the Catanava property in Pinos, Zacatecas State, Mexico. Pinos has been mined since 1546 and was one of only three bonanza gold districts discovered by the Spanish in Mexico. It is located along the historic Fresnillo — Guanajuato Trend of Mexico, characterized by world-class precious metals mines. The program includes mapping and sampling of old mine workings, surface mapping and re-logging and sampling of drill holes completed by previous operators. The program is directed at expanding the resources at the Catanava property and in providing data for mine development planning.

“We are very pleased to have Sun River Gold Corp. as both an investor and innovative partner in the Tailings project. The Tailings Project is a potential opportunity for short term cash flow and this agreement allows us access to both capital and technology to advance this opportunity” commented Joanne Freeze, President and CEO of CDG.

Capstone Mining Corp. today announced the results of an updated National Instrument 43-101 compliant mineral resource estimate for the Mala Noche Footwall Zone at the Cozamin Mine in Zacatecas, Mexico. Drilling in the MNFWZ since the last resource update in February of 2012 has converted 92 million pounds of copper from the Inferred category to the Indicated category. This reflects drilling that was completed in the latter half of 2011 and most of 2012 that was not included in the last estimate. At a US$35 net smelter return cut-off grade, the Cozamin Mine’s total Measured and Indicated mineral resources at December 31, 2012, including adjustments for mining, were 430 million pounds of copper.

Solitario Exploration & Royalty Corp. is pleased to announce that it has signed a binding Letter of Intent with Minera Hochschild México S.A. de C.V., a 100%-owned subsidiary of Hochschild Mining plc on Solitario’s Pachuca Norte silver-gold project in central Mexico. Solitario’s 100%-owned Pachuca Norte project (formerly called “Pachuca Real”), encompasses approximately 19,000 hectares of mineral rights in and around the famed Pachuca silver-gold mining district. Historic production from the Pachuca district totals approximately 1.4 billion ounces of silver and over 7.0 million ounces of gold, making it one of the largest silver-gold districts in the world. A map of the project area can be viewed on Solitario’s website at http://www.solitarioxr.com/art/PachucaNorte.pdf.