Fortunate Sun Mining Company Ltd. is pleased to announce the appointment of Mr. Kristian Whitehead P.Geo. as Fortunate Sun’s Vice President of Exploration.

First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $300,000 through the sale of one million units at 10 cents per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant being exercisable at a price of 12 cents per share, for a period of two years. The financing is subject to regulatory approval.

Great Panther Silver Limited reports first quarter production at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia. Metal production continues to improve and, at 557,667 silver equivalent ounces, was up 2% over the fourth quarter of 2011. Silver production totaled 359,526 oz and silver metal recovery at the Guanajuato plant reached an all-time high of 90.1%. As well, a quarterly record of gold production was achieved with 2,729 ounces produced.

TORONTO, ONTARIO–(Marketwire – April 16, 2012) – Oremex Silver Inc. (“Oremex” or the “Company”) (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) announces that it intends to complete a non-brokered private placement of up to 10,000,000 units (the “Units”) from treasury at a price of $0.15 per Unit for aggregate proceeds of up to $1,500,000 (the “Offering”).

Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to report March and the first quarter 2012 production results from its La Platosa operations in Durango State, Mexico.

Excalibur Resources Ltd. announces that it has arranged a nonbrokered private placement of up to 6,000,000 Units at $0.145 per Unit for a total of $870,000.

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.