MAG Silver Starts Drill Program and Adds 50,000 Hectare Claim at La Esperanza Silver Project in Durango and Zacatecas States, Mexico

Canasil Resources Inc. is pleased to report that MAG Silver Corp. has started the planned diamond drill program at the La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. The drill program is planned for up to 5,000 metres in 16 drill holes to test two of the veins in the project area, including extensions of the La Esperanza vein previously drill tested by Canasil with encouraging results. MAG is earning a 60% interest in the property from Canasil under an option agreement dated August 19, 2010. Expenditures on the project reported by MAG up to September 30, 2011, were $831,681.

Great Panther Silver Updates Drilling Results for San Ignacio Property, Guanajuato; Grants Stock Options to New Personnel

Great Panther Silver Ltd. is pleased to provide an update on a further 12 surface diamond drill holes from the ongoing program at the Company’s wholly-owned San Ignacio Project in Guanajuato, Mexico. Drill-holes ESI11-039 to ESI11-050, inclusive, were drilled from section 450N to section 700N, confirming vein continuity with mineralized vein widths of up to nine metres, and in-filling the Intermediate zone extension to the south, and defining the Nombre de Dios zone. Assays from drill core continue to demonstrate higher gold:silver ratios than at the main Guanajuato Mine.

Silver Sun Now Trading on the OTCBB

VANCOUVER, British Columbia, Dec 02, 2011 (BUSINESS WIRE) — Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce the Company is now trading on the OTCBB under the symbol: SSUXF, effective immediately.

Excellon Provides Mexican Exploration Update and Exceeds November Production Targets at Platosa

Exploration Highlights:

•Hole LP965 drilled between the two main portions of the 623 Manto intersected 1,955 g/t (57 oz/T) Ag, 14.99% Pb, 28.76% Zn over 4.08 metres (m);
•Hole LP971 drilled east of the 623 Manto in a relatively open area intersected 1,028 g/t (30 oz/T) Ag, 10.47% Pb, 12.74% Zn over 4.53 m;

Production Highlights:

•Tonnage milled in November was 6,800 tonnes which exceeded budget by 35%;
•Silver production was 227,000 oz which exceeded budget by 95%.

Stroud Resources Provides Mexico Update

Stroud Resources Ltd. (SDR.V), which eased 1 cent yesterday to edge back towards a year low of 6 cents, announced the latest results from its drill program at the Santo Domingo project in central Mexico. It said drill results continue to be “very encouraging”, with DDH #42 intersecting the “up dip” extension of the mineralization encountered in DDH #11. The distance between the two mineralized intersections is approximately 175 metres.

Guerrero Now Listed and Trading on the Frankfurt Stock Exchange Trading Under the Symbol 2GU.F

VANCOUVER, BRITISH COLUMBIA, Dec 02, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Company”) (tsx venture:GEX)(frankfurt:2GU.F) announces the common shares of the Company have been listed on the Frankfurt Stock Exchange and are now trading under the symbol (2GU.F). Guerrero anticipates the listing will facilitate and grow the Company’s brand name throughout the European community.

Geologix Completes 1,151 Line Kilometre Airborne Survey And Property-Wide Sampling And Mapping Programs At Tepal

Geologix Explorations Inc. (TSX: GIX) is pleased to announce the completion of an airborne geophysical survey over the entire Tepal project area. A total of 1,551 line kilometres were flown, at flight line spacings of 150 metres, over the entire 172 square kilometre Tepal project mineral concessions (1,421 line kilometre). A more detailed survey over the 19 square kilometre (130 line kilometres) core resource area was flown at 75 metre spacings.

Silver Bull Announces $US 7.5 Million Non-Brokered Common Stock Offering with a $US 5 Million Lead Order by Coeur D’Alene Mines

Vancouver, British Columbia — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) today announced that it has received commitments from various investors for the sale of 15,050,000 shares of common stock at a price of $US 0.50 per share, resulting in gross proceeds of $US 7,525,000 including the sale of 10,000,000 shares for gross proceeds of $US 5,000,000 to Coeur d’Alene Mines Corporation (NYSE: CDE, TSX: CDM) (“Coeur d’Alene”) and 1,055,000 shares to Silver Bull management and directors for gross proceeds of $US 527,500.

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