Category: Exploration and Development

Wealth Minerals Ltd. is pleased to report, the acquisition of an option to acquire the Valsequillo Silver project, southern Chihuahua state, Mexico. The property is located approximately 40 kilometres southeast of the city of Hidalgo Del Parral within the pre-eminent Altiplano Polymetallic Belt of north-central Mexico. Initial reconnaissance work has identified two significant northwest trending structural corridors characterized by extensive artisanal workings, en echelon and segmented precious and base metal bearing vuggy quartz-sulphide (pyrite, galena, sphalerite and chalcopyrite) veins and a broad colour anomaly (gossan). The mineral-alteration system(s) identified to date remain open for expansion in all directions.

ista Gold Corp. is pleased to announce that it has entered into an Earn-in Right Agreement with Mexico-based Invecture Group, S.A. de C.V. with respect to Vista’s Concordia gold project in Baja California Sur, Mexico. Invecture is the owner of Frontera Copper Corporation, which owns and operates the Piedras Verdes Copper Mine in the Mexican State of Sonora. A conference call with management to discuss this transaction is scheduled for Monday, February 13, 2012 at 11:00 a.m. MST.

Tonnage Increases 53% and Contained Copper Increases 39% in the M&I Resource Class Detailed Mine Planning has Commenced

Goldcorp chairman Ian Telfer has been cited by the Ontario Securities Commission in a recent insider trading probe. The allegation is that Telfer helped participants (including his long-time friend Eda Marie Agueci) in an alleged illegal insider tipping and trading scheme to hide their trading activities.

WestStar Resources Corp. has completed the previously announced Induced Polarization/Resistivity survey and has begun planning for the upcoming diamond drill program on its La Paloma property. The Property is located approximately 70 kilometers west of the city of Guadalajara in the State of Jalisco, Mexico.

Yale Resources Ltd. is pleased to report that it has received results for the three holes, drilled on behalf of its optionee Del Toro Silver Corp. at the Dos Naciones property, located in Sonora State, Mexico.

Serengeti Resources Inc. announces that it’s Mexican subsidiary Cia. Minera FB Integral SA de CV has identified an attractive gold-silver target on it’s Cuates property located on the north edge of the Parral mining district in the state of Chihuahua, Mexico. Selected rock samples collected from mineralized structures at Cuates have assayed up to 7.2 g/t Au and 111 g/t Ag and a recently completed Induced Polarization (IP) geophysical survey has outlined a strong, associated IP chargeability anomaly. Detailed mapping and sampling is underway and reverse circulation (RC) drilling of this compelling target is planned as part of a multi-property drill program starting in March.

REAL DE CATORCE, San Luis Potosi, Mexico – A quiet but excited buzz hums through the streets of this normally sleepy ghost town turned tourist attraction. Hotels that languished for months are filled to bursting and people are camping on every spare piece of real estate. Everyone is awaiting the arrival of hundreds of Wixarika pilgrims from their homelands in the Western Sierra Madre — a historic mass pilgrimage to connect with the spirits of their ancestors and to pray for the renovation of the fading candles of life that reside in this place, the depleting water supply and the continued equilibrium of all life on Earth.

Focus Ventures Ltd. is pleased to announce encouraging results from its first-phase exploration program at its 13,050 hectare Santa Cruz property in Durango, Mexico. The recent work has significantly upgraded the potential of Santa Cruz, which is now a priority project for Focus.

El Tigre Silver Corp. is pleased to report that all assaying has been completed on its tailings silver-gold recovery project. The assay results from the auger holes continue to confirm the results from previous sampling programs and the overall silver-gold content of the tailings from 35 years of high grade silver/gold mining. The El Tigre tailings are located on concessions that are part of the Company’s 431 square kilometer concession ownership in Sonora, Mexico.