Garibaldi Wins Obispo Concession At Sonora Lottery

Garibaldi Resources Corp. is pleased to announce that it has received final title documents for the Obispo concession from the Mexican Ministry of Mines. The Company’s wholly-owned subsidiary Minera Pender S.A. de C.V. was awarded a 100% interest in 4620 hectares (46 square kilometres) of strategic mineral claims at the government lottery held on September 29, 2011. The Obispo concession is contiguous to Garibaldi’s existing holdings and adds to the company’s dominant land position at its district scale Tonichi Property (see attached map) 160 kilometres southeast of Hermosillo, Sonora State, Mexico.

Starcore Repays US$3.2 Million Debt One Year Ahead of Schedule

Vancouver, B.C. – Further to its press releases of January 24th and January 31st, 2012, Starcore International Mines Ltd. (the “Company”) announces that it has repaid its outstanding loan with Investec Bank (U.K.) Limited (“Investec”) of approximately US$3.2 million, which funds were used to acquire the San Martin Mine in Queretaro, Mexico.

Kootenay Hits 873 gpt Silver Eqv Over 18 Meters in NE Zone (471 gpt Ag, 9.42% Pb+Zn) and 150 gpt Silver Eqv Over 17 Meters in SW Zone (118 gpt Ag, 0.76% Pb+Zn) as Promontorio Drilling Continues to Produce High-Grade Silver Results Within 1km Mineralized

Kootenay Gold Inc. is pleased to announce assay results from an additional 6 drill holes from its 25,000 meter, ongoing, multi-phase, step out drill and resource definition program on its Promontorio Silver Project in Sonora, Mexico.

Astral Announces Final Results from Drilling at the Los Crestones Gold Discovery in the Sierra Madre Gold-Silver Belt, Mexico

Astral Mining Corporation is pleased to report the third and final batch of results from drilling at the Los Crestones property, Sinaloa state, Mexico. Highlights from Phase One drilling include previously announced 5m averaging 39.1 g/t gold, 93.3 g/t silver and 2.13% copper from drillhole 11 (see December 12th 2011 news release). Intervals stated represent core length, true widths are not stated as mineralization geometry is not clear at this time.

EXCALIBUR RESOURCES GRANTS STOCK OPTIONS

Excalibur Resources Ltd. (“Excalibur” or the “Company”) has granted an aggregate of 1,650,000 incentive stock options to purchase common shares at $0.12 per share to directors, officers and consultants, for a period of five years, in accordance with its Stock Option Plan.

Starcore Closes $2.25 million Financing

Vancouver, B.C. — Further to its press release of January 24, 2012, Starcore International Mines Ltd. (the “Company”) announces that it has closed its non-brokered financing for gross proceeds of $2,252,500. The financing was in the form of 9,010,000 Units at $0.25 per Unit (a “Unit”), each Unit comprised of one common share of the Company (a “Common Share”) and one-half of one transferable share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to acquire one common share of the Company at a price of $0.35 to January 30, 2014.

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