Category: Exploration and Development

(402,092 Oz. Au Indicated / 740,911 Oz. Au Inferred)

DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia Project in Mexico, targeting growth in the defining and production of gold and silver resources, is pleased to announce that it has received the results of a National Instrument 43-101 compliant resource estimate for the San Jose de Gracia Project from DynaResource de Mexico, SA de CV., the 100% owner of SJG. The current resource estimate is comprised of 372 drill holes totaling 75,878 meters.

Comstock Metals declared that it has started the first phase of a drill program on its Corona Gold-Silver Project located in the Uruachic District of Chihuahua, Mexico.

Arco Resources Corp. contracted with Micon International in the fall of 2011 to prepare a technical report under National Instrument 43-101 on its 3,181 hectare Predilecta property located in the state of Oaxaca, Mexico. The Report has now been completed, and recommends a two-phase property-wide exploration program with a budget of $290,000.

Southern Silver Exploration Corp. reported today that new assays from 2011 drilling have identified silver-enriched high-grade polymetallic mineralization in two separate target areas on the Cerro Las Minitas project, located in Durango State, Mexico.

Lone Star Gold, Inc. announced yesterday that they plan to begin initial shipments of tailings from their San Antonio del Potrero project for processing one week ahead of schedule. The company has also announced that unofficial results of samples of ore from the project show higher than reported amount of minerals (Gold, Silver, Lead and Zinc).

For the Huichol Indians, the desert mountains here are sacred, a cosmic portal with major mojo, where shamans collect the peyote that fuels the waking dreams that hold the universe together. For a Canadian mining company, these same hills look like a billion dollars worth of buried silver.

United States Antimony Corporation reported that the flotation mill in Guanajuato, Mexico is now operating on feed from the Soyatal District containing 5-6% antimony. Initial concentrates assayed 66% antimony.

Candente Gold Corp is pleased to announce that additional gold and silver mineralization has been intersected well below the historical workings of the San Rafael Vein on the El Oro gold project, Mexico. Drilling by Candente has now shown that the San Rafael Vein extends over a minimum of 3.5 kilometres in strike length and 500 meters vertical.

Westridge Resources Inc. announces a diamond drill program has commenced on its Charay Project in western Mexico. Westridge Resources has contracted Major Drilling Group International to undertake a 2,000 meter core drilling program.

International Northair Mines Ltd. is pleased to report that two geologists and support personnel have commenced an extensive exploration program at its 50% owned Sierra Rosario silver and gold project, located in Sinaloa State, Mexico.