Category: Exploration and Development

Bearing Resources Ltd. is pleased to announce the Company has executed a binding letter of intent to acquire a 100% interest in the 13,400 hectare Kilometer 66 (“Km 66”, also known as Mapimi) silver-gold-lead-zinc property located immediately adjacent the Company’s 26,474 hectare Parrandera property in Durango, Mexico.

Westridge Resources Inc. announces that geological mapping and trenching has identified several new epithermal veins south of the main El Padre Vein. This field work is being conducted concurrently with the diamond drill program underway on the Charay Project.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the results of its updated Canadian National Instrument 43-101 mineral resource estimate for its 100%-owned San José Property, located in Zacatecas State, Mexico.

Pacific Cascade Minerals Inc has prepared a summary of the six diamond drill holes released to-date. To maintain consistency of reporting the Company is reporting in gm/tonne and conversion to Troy ounces/tonne for precious metals and % for base metals.

Urastar Gold Corp. is pleased to announce that it has entered into a drilling contract with Layne Drilling de Mexico for Reverse Circulation drilling at the El Antimonio exploration property located in Sonora State, Mexico. A total of approximately 10,000 meters in 40 holes is planned with an anticipated start date of March 12, 2012.

Focus Gold Corp. is pleased to announce it has identified drill targets on both its porphyry disseminated project and its historic vein targets within the Huicicila project area in Nayarit, Mexico.

Soltoro Ltd. and Argentum Silver Corp. are pleased to announce assay results from three additional diamond drill holes completed on the El Tajo vein at the Coyote property located in Jalisco, Mexico.

Argentum Silver Corp. is pleased to announce assay results from three additional diamond drill holes recently completed on the El Tajo vein at its Coyote property, located in Jalisco, Mexico.

Chesapeake Gold Corp. wishes to report on the current status of the pre-feasibility study on its 100% owned Metates project located in Durango State, Mexico. In support of the PFS, Chesapeake recently announced a new NI43-101 compliant resource for Metates (see NR2-2012) which estimates the project contains a total of 19.0 million ounces gold and 519 million ounces silver (Measured + Indicated), making it one of the largest undeveloped precious metal resources in the Americas.

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/06/12 — Defiance Silver Corp (“Defiance”) (TSX VENTURE:DEF) is pleased to announce that it has made the first payment in its option agreement with IMPACT Silver Corp (“IMPACT”) to acquire the Santa Gabriela 200tpd processing plant. Defiance has the option to purchase the Santa Gabriela processing plant in the historic Zacatecas Silver District from IMPACT in return for the payment of 2,680,500 Defiance common shares and a the payment of $1,955,200 payable within two years of the signing of the option agreement or upon commercial production.