Category: Investor’s Corner

Fortuna Reports Record Silver Production of 953,091 Ounces and 5,137 Ounces of Gold for First Quarter 2012

Fortuna Silver Mines Inc. announces production figures for the first quarter of 2012 from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. Both mines are performing above planned production levels and the Company is on schedule to deliver 3.7 million ounces of silver and 17,400 ounces of gold or 4.6 million ounces of silver equivalent plus significant base metal by-product in 2012.

Canasil Resources Inc. : Reduction of Exercise Price of Warrants

Vancouver, April 12, 2012 – Canasil Resources Inc.(“Canasil”, TSX-V: CLZ, DB Frankfurt: 3CC) announces that the Company is applying to the TSX Venture Exchange to reduce to $0.21 the exercise price of 610,000 warrants issued in connection with a private placement which closed on May 6, 2011. The expiry date of the warrants has not been changed and remains at May 6, 2012. The amended warrant price is subject to acceptance by the TSX Venture Exchange (“the Exchange”).

Torex Gold Resources Reports First Quarter Results

TORONTO, Ontario, April 13, 2012 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announced today its financial results for the three months ended January 31, 2012.

FIRST QUARTER 2012 HIGHLIGHTS

Capstone Mining Announces New $200 Million Corporate Credit Facility

Capstone Mining Corp. has entered into a new Senior Secured Revolving Corporate Credit Facility for up to US$200 million with The Bank of Nova Scotia (Lead Arranger and Administrative Agent), Canadian Imperial Bank of Commerce (Co-Syndication Agent), Bank of Montreal (Co-Syndication Agent) and HSBC Bank Canada.

Quaterra Closes C$2.48 Million Financing With Goldcorp

VANCOUVER, BRITISH COLUMBIA, Apr 12, 2012 (MARKETWIRE via COMTEX) — Quaterra Resources Inc. today announced that the NYSE Amex and TSX Venture exchanges have approved the purchase of 4,000,000 common shares of the Company at a price of C$0.62 per share by Goldcorp Inc., raising a total of C$2.48 million.

Mammoth Appoints New CEO

Mammoth Resources Corp. is pleased to announce the appointment of Mr. Thomas Atkins as President and Chief Executive Officer of the Company effective immediately. Mr. Atkins is an accomplished mining executive who has successfully lead exploration and development projects throughout the Americas over the past 28 years. He has an extensive background in mineral exploration, investment banking, investor relations, executive management and corporate governance. Mr. Atkins was formerly the CEO of such companies as Rockex Ltd. (now Rockex Mining, a TSX listed iron ore exploration company), Castle Gold Corp. (a Mexican and Guatemalan gold producing company acquired in 2010 by Argonaut Gold Inc. (a TSX listed gold producer)) and Crowflight Minerals Inc. (a TSX listed nickel mining company).

Capstone 2012 First Quarter Production Results

Capstone Mining Corp. today announced its operating results for the three months ended March 31, 2012 for its two operating mines, Cozamin and Minto. Combined production totalled 18.6 million pounds of copper in concentrates with additional by-products of lead, zinc, silver and gold.

Yale Reports on AGM

Yale Resources Ltd. (TSX-V – YLL and Frankfurt – YAB) is pleased to report that all resolutions were passed at its Annual General Meeting held on April 10, 2012. The Board of Directors and management would like to thank all shareholders for their support and confidence.

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