Kimber Resources Inc. is pleased to announce the appointment of Renee Brickner as Vice President, Investor Relations.

Source Exploration Corp. announced today that it has appointed Mr. Jesus Castro Mora, M.Sc., of Mexico City as a geological consultant to the company to assist the Corporation with identifying and evaluating high potential precious metals properties in Mexico.

VANCOUVER, BRITISH COLUMBIA, Nov 25, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Corporation”) (tsx venture:GEX) announces that it has completed the first closing of its previously announced private placement financing. The Corporation issued 4,787,831 ($718,174.65) units at $0.15 per unit, with each unit consisting of one common share and one common share purchase warrant. Each warrant is exercisable for 12 months from closing at an exercise price of $0.30 per common share, subject to acceleration in the event the Corporation disseminates a press release advising that its shares have traded on the TSX Venture Exchange at a price per share greater than $0.60 for 10 consecutive trading days (including days where no shares are actually traded), in which case the warrants shall expire, without further notice, on the 31st day following the issuance of the press release. Notwithstanding the foregoing, in no event shall the Corporation be entitled to issue such a press release within four months of the date of closing. The Corporation plans to use the proceeds from this financing for general working capital and exploration. Northern Securities Inc., Haywood Securities Inc., Canaccord Genuity Corp. and Macquarie Private Wealth Inc. participated as finders in the financing. Guerrero paid finders’ fees of $50,258 and issued 335,053 finders’ warrants, each of which will entitle the holder to subscribe for one additional unit at the issue price for a period of one year from closing.

Vancouver, British Columbia — November 24, 2011, Paget Minerals Corp. (“Paget”- TSX-V: PGS), (“Paget” or the “Company”) today announced the appointment of Bernie Zacharias as Chief Financial Officer and David Allman as Corporate Secretary of Paget Minerals Corp. effective December 1, 2011.

TORONTO, November 23, 2011 /PRNewswire via COMTEX/ — AuRico Gold Inc., (“AuRico”, or the “Company”) AuRico Gold Inc. today notified holders of its 3.50% Convertible Senior Notes due 2016 (the “Notes”) that a Fundamental Change (as defined in the Indenture (as defined below) under the indenture, dated as of October 15, 2010, as supplemented by the first supplemental indenture, dated as of October 5, 2010, and the second supplemental indenture, dated as of October 26, 2011 (collectively, the “Indenture”) has occurred and offered to purchase (the “Offer to Purchase”) from each holder (the “Holder”) of the Notes any or all of such Holder’s outstanding Notes on December 23, 2011 or a later date if AuRico elects to extend the Offer to Purchase (the “Fundamental Change Purchase Date”). The purchase price (the “Fundamental Change Purchase Price”) for Notes validly surrendered and not validly withdrawn will be US$1,000 in cash per US$1,000 principal amount of the Notes, plus accrued and unpaid interest, if any, to, but excluding, the Fundamental Change Purchase Date.

TORONTO, Nov. 23, 2011 /CNW/ – Pala Investments Holdings Limited (“PIHL”) announced today that on June 22, 2011, PIHL acquired ownership of 4,354,500 common shares of Mercator Minerals Ltd. (“Mercator”) in connection with the acquisition by Mercator of Creston Moly Corp. (“Creston”) by way of plan of arrangement (the “Arrangement”). In addition, on November 21, 2011 PIHL purchased units (“Units”) of Mercator by way of private placement. Each Unit consists of one common share and one quarter of a common share purchase warrant (each a “Warrant”). PIHL acquired 1,143,014 Units comprising 1,143,014 common shares and 285,753.50 Warrants. Collectively between the two transactions, PIHL acquired ownership of 5,497,514 common shares representing approximately 2.12% of the 258,782,175 issued and outstanding common shares of Mercator, as known by PIHL, on a non-diluted basis.

International Northair Mines Ltd. (TSX VENTURE:INM) (the “Company” or “Northair”) is pleased to announce the appointment of Mr. Ryan E. Schedler to the Company’s Board of Directors.

Canadian miner Guerrero Exploration (CVE:GEX) has appointed investment banker James Ladner to its board, the company announced Monday.

Agnico-Eagle Mines Limited (AEM.TO) and Grayd Resource Corporation (GYD.V) announced that 91,228,900 common shares of Grayd, representing approximately 94.77% of the outstanding Shares on a fully-diluted basis, have been validly deposited pursuant to the offer made by Agnico-Eagle to acquire all of the issued and outstanding Shares. All conditions of the Offer have been satisfied and the Offer has now expired and will not be extended. Agnico-Eagle has taken up all deposited Shares and will pay for such deposited Shares not later than November 23, 2011.

The proceeds of the private placement will be used for the continuing development of Goldex’s El Pato, La Chorrera and El Arco properties located in both Guatemala and Mexico and for general working capital.