High Desert Gold Corporation Increases the Size of Its Current Financing to $4.7 Million

High Desert Gold Corporation (TSX VENTURE:HDG)(OTCQX:HDGCF) (“HDG” or the “Company”) is pleased to report that HDG and Haywood Securities Inc. have agreed to increase the size of HDG’s previously announced private placement (the “Private Placement”) to an aggregate size of up to 21 million units of the Company (each a “Unit”) for total gross proceeds of up to approximately $4.7 million.

Goldcorp achieves record revenues and cash flow; gold reserves increase for eighth consecutive year

GOLDCORP INC. reported fourth quarter gold production of 687,900 ounces at a total cash cost1 of $261 per ounce, leading to record revenues of $1.5 billion and operating cash flows before working capital changes2 of $831 million. Reported net earnings in the quarter were $405 million compared to $560 million in the fourth quarter of 2010. Adjusted net earnings3 were $531 million, or $0.66 per share, compared to $431 million, or $0.59 per share, in the fourth quarter of 2010.

First Mexican Receives TSX Approval for 100% Purchase of Guadalupe Project

VANCOUVER, BRITISH COLUMBIA, Feb 15, 2012 (MARKETWIRE via COMTEX) — First Mexican Gold Corp. (the “Company” or “FMG”) (frankfurt:21M) is pleased to report that the acquisition of 100% of the Guadalupe project has been completed in Yecora District of Sonora State, Mexico from Minera Internacional Milenio S.A. de C.V. (MIMSA), a wholly owned subsidiary of International Millennium Mining Corp. (IMMC). This project now is comprised of Hilda 30, Hilda 37/38 properties, Hilda 31/32 plus Santa Martha, El Hoyo, San Martin, Panda, Santa Patricia, Vianney and the Kootenay Gold Inc. La Cabana properties.

Silvermex Resources Delivers Production Growth in Fourth Quarter 2011

Silvermex Resources Inc. reports fourth quarter production results from its La Guitarra mine, located in the Temascaltepec mining district in the State of Mexico. Silver production increased from the previous quarter to 134,106 ounces and gold production to 1,010 ounces.

DynaResource Announces Mineral Resource Estimate for San Jose de Gracia

(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.

Arco Announces Completion of Technical Report on Predilecta Property

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.

Appoinment of New Director, Advisor & Granting of Incentive Stock Options

Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the “Company”) is pleased to announce that effective immediately, Mr. Brian Leeners will be joining the Board of Directors of the Company. Mr. Leeners is the founding partner of Nexvu Capital Corp. and has served as a director and senior officer for multiple public and private companies over the past fifteen years. Mr. Leeners received both his B.Comm. and L.L.B. degrees from the University of British Columbia in 1992.

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