Category: Exploration and Development

Southridge Enterprises Inc. is please to announce that it has signed a Confidentiality Agreement with a major NYSE listed gold mining company regarding both the Cinco Minas and Gran Cabrera properties. Due to terms contained within the CA, the Company is unable to announce either details of the CA or the parties involved.

Sierra Metals Inc. is pleased to report that drilling at the Promontorio Mine of its Cusi property has encountered high grade silver mineralization over wide widths in what the Company believes is a previously-unknown vein within a deeper portion of the mine¡¯s disseminated zone.

Golden Tag Resources Ltd. is pleased to provide an overview of the 2012, Phase 6 drill program.

Primero Mining Corp. today announced that it has entered into a definitive agreement with Cerro Resources NL whereby Primero will acquire all of the issued and outstanding common shares of Cerro by way of a scheme of arrangement under the Australian Corporations Act 2001. Cerro is an exploration and development company whose principal asset is 69%1 of the feasibility stage Cerro Del Gallo project, a gold-silver deposit with approximately 1.0 million ounces of gold equivalent proven and probable reserves and 2.3 million ounces of gold equivalent measured and indicated resources (inclusive of reserves)2, located in the province of Guanajuato, Mexico.

American International Ventures, Inc. has formed its Mexican subsidiary company “Oro De AIVN S.A. de C.V.” to begin its project named the “Motherlode”, a 300 Hectare parcel in the El Alamo mining district, Baja California, Mexico. Oro De AIVN is currently completing the road project to enable the delivery of its mining equipment sitting at the Mexican border awaiting export from San Diego.

Kimber Resources Inc. is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report, including the Updated Mineral Resource Estimate for the Carmen Deposit Monterde Project as detailed in the press release issued on October 24, 2012. The Technical Report was prepared by Micon International Limited, with assistance by Kirkham Geosystems Ltd. and Knight Piésold Consulting Ltd. The Monterde project is 100% owned and is located in Mexico’s Sierra Madre gold-silver belt.

El sector minero en el estado de Chihuahua reportó una inversión de 741 millones de dólares y generación de 839 empleos directos, según datos de la Dirección de Minería de la Secretaría Estatal de Economía.

Citation Resources Inc. is pleased to announce preliminary results of its airborne versatile time-domain electromagnetic survey completed in October 2012 over a substantial portion of the Biricu Gold Project located within Mexico’s Guerrero gold belt.

Silver Bull Resources, Inc. is pleased to announce the drill results for the first batch of drill holes from the underground drill program twinning a series of “long holes” in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Mexican Environmental Prosecutor Announces Findings of Environmental Damage at Excellon Resources, Inc.’s La Platosa Mine and Begins Administrative Proceedings to Sanction the Company