Vancouver, British Columbia, Canada (January 27, 2012) – Galena Capital Corp. (TSX.V: FYI), (“Galena” or the “Company”) is pleased to announce the appointment of Mr. Craig Lindsay as President and Chief Executive Officer.

Lincoln Mining Corporation announces its plans to conduct a non-brokered private placement of up to 4,000,000 units at a price of $0.075 per unit for total proceeds of up to $300,000. Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant. Each whole purchase warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.10 per share for a period of one year from closing.

Tarsis Resources (CVE:TCC) announced after the bell Tuesday that it has agreed to a $1 million private placement financing, as well as to the transfer of an option agreement on the Prospector Mountain property in Yukon.

Gold Resource Corporation announced preliminary 2011 fourth quarter and record year end production totals. The Company set its 2012 Outlook and continues to target an aggressive low-cost growth profile. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

Source Exploration Corp. (“Source” or the “Company”) (TSX VENTURE:SOP) is pleased to announce that it has arranged a non-brokered private placement (the “Offering”) of up to 10,000,000 units of the Company (the “Units”) at a price of $0.26 per Unit for gross proceeds of up to $2,600,000. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one common share of the Company for a period of twelve months from the closing date of the Offering at a price of $0.60 per common share, provided that the Company will have the right to accelerate the expiry date on notice to the Warrant holders if the closing price of its common shares on a stock exchange in Canada is higher than $0.80 per common share for a period of 20 consecutive trading days after four months from the closing date of the Offering, in which case the Warrants will expire 30 days after the date on which such notice is given.

VANCOUVER, British Columbia–(BUSINESS WIRE)– Westridge Resources Inc. (the “Company”) announces that Mr. Bill Radvak has been appointed Chairman of the Board of the Company.

On Jan. 24, 2012 First Majestic Silver Corp. (AG) announced the inauguration of the new La Parrilla floatation/cyanidation plant in the State of Durango, Mexico on Jan. 18. The new plant has a total capacity of 2,000 tpd (1,000 tpd in the flotation circuit and 1,000 tpd in the cyanidation circuit). It is expected to be operating at full capacity in February 2012. It is currently operating at 1,500 tpd. Once completed, annual production from La Parrilla mine is estimated to be approximately 3.0 million ounces of pure silver, 6.0 million pounds of lead, and 4.3 million pounds of zinc. AG is now set to grow EPS by 73.10% in 2012. This is great news for investors, and it should provide a springboard for AG’s stock price to move significantly upward.