Category: Exploration and Development

Oroco Resources Corp : October 22 2012 Xochipala Amparo Filed

Oroco Resource Corp. announces that its wholly-owned subsidiary, Minera Xochipala S.A. de C.V. has been served with notice of an “amparo” petition seeking to overturn the registration to MX by the Mexican Public Registry of Mining of an interest in the Celia Gene and Celia Generosa mineral concessions located in Guerrero State, Mexico. The registration process in question began with an application by MX in March, 2008 to the PRM for registration of its 2007 acquisition of the Xochipala Concessions, including the interest purchased from the estate of a Mexican citizen, Hector Camacho (the “Camacho Estate”), which constituted fifty percent (50%) of the Celia Gene concession and all (100%) of the Celia Generosa concession.

Almaden Drilling Hits 25.7 Meters of 3.4 g/t AuEq (0.86 g/t Au, 127.8 g/t Ag) on Northeast Extension, Hits on Ixtaca North Zone and Expands Main Ixtaca Zone to Northeast

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-12-176, 181, 186, 188 to 195, 197 to, 200, 203, 205, 206, 209 and 216. The holes were drilled as part of Almaden’s on-going four drill exploration program which has been designed to enable the calculation of a preliminary resource estimate. The intersections reported today demonstrate the continuity of the known mineralisation as well as the presence of high grades locally. Highlights from the holes released today include the following intercepts:

Met Test Results Highly Favorable for Paramount Gold and Silver’s San Miguel Project

Paramount Gold and Silver Corp. announced today that it has received the final results from a large-scale,comprehensive metallurgical test program for its 100%-owned SanMiguel Project in northern Mexico. The results predict highrecoveries of gold and silver from either a milling/cyanide leach orconventional milling/flotation process. The data will now beevaluated by Scott E. Wilson Consulting for inclusion in theirPreliminary Economic Assessment of the San Miguel Project scheduledfor the end of this year.

Drilling To Commence At El Secreto Gold, Silver And Copper Project

Camino Minerals Corporation is pleased to announce that it has selected Major Drilling Group International Incorporated to carry out a 2,000 metre reverse circulation drill program at the El Secreto Gold, Silver and Copper Project located in Sinaloa State, Mexico. This will be the first ever drill program to be carried out at El Secreto. Drilling is expected to commence within the next several weeks.

Westminster Resources Cumbral-San Bartolo Exploration Update; At Yr Low Levels

Westminster Resources Ltd., which is trading near year lows, said it has successfully completed its 2012 Phase One $1.6 million exploration program at the Cumbral-San Bartolo property. Located in Sonora, Mexico, work included a 3D-Induced Polarization and ground magnetic geophysical survey covering 219 line kilometers of survey grid, over 5,000 soil geochemical samples, rock prospecting-geological mapping (over 700 samples) and a diamond drill program of seven holes (total 1,641 meters) on the Cumbral trend. The exploration program was funded by Capstone Mining Corp. in accordance with a $9.3 million agreement that was announced in April 2012.

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