Mercator Minerals Announces $20 Million Non Brokered Financing

Mercator Minerals Ltd. today announced that it has arranged a non-brokered private placement with purchasers to purchase 11,428,572 units at a purchase price of $1.75 per Unit for aggregate gross proceeds of $20 million. The sale of the Units under the Offering has been fully allocated to a limited number of accredited purchasers, and is subject to necessary regulatory approvals and the execution and delivery of customary documentation.

Torex Receives $83 Million From Warrant Exercises

TORONTO, Ontario, November 16, 2011 – Torex Gold Resources Inc. (“Torex” or the “Company”) (TSX:TXG) is pleased to announce that 63.9 million common share purchase warrants have been exercised into an equivalent number of common shares of the Company at a price of $1.30 per share, for total proceeds to the Company of $83 million. Of this total, three million warrants were exercised before July 31, 2011.

MAG Silver Reports Third Quarter Financial Results

Vancouver, B.C. MAG Silver Corp. (TSX: MAG; NYSE-A: MVG) (“MAG” or the “Company”) announces the Company’s unaudited financial results for the three and nine months ended September 30, 2011. For complete details of the third quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in Canadian dollars unless otherwise specified.

Silvermex Resources Increases Production and Revenues in Third Quarter of 2011

VANCOUVER, BRITISH COLUMBIA, Nov 14, 2011 (MARKETWIRE via COMTEX) — Silvermex Resources Inc. (“Silvermex”) reported today its unaudited financial results for the quarter ended September 30, 2011. The La Guitarra Mine, located in the Temascaltepec mining district of Mexico, has achieved the maximum capacity of its current mill design. Having achieved its objective for 2011 of reaching full mill capacity, the Company will now focus on conducting advanced exploration programs with the objective of expanding production.

Great Panther Silver Reports Revenues Increaseby 46% to $16.3 Million, Earnings from Mining Operations Increase by 78% to $8.3 Million in Third Quarter of 2011

Great Panther Silver Limited announces the financial results for the three and nine months ended September 30, 2011. Great Panther is pleased to report revenues for the nine months ended September 30, 2011 of $40.3 million, representing a 42% increase over the same period in the prior year. The Company also significantly grew earnings from mining operations to $20.9 million for the nine month period, a 97% increase over the comparable period in 2010. Revenues for the three months ended September 30, 2011 increased by 46% to a record $16.3 million, while earnings from mining operations increased by 78% to $8.3 million. Working capital increased to $53.8 million from $18.8 million at December 31, 2010. The full version of the financial statements and management’s discussion and analysis can be viewed on the Company’s website at www.greatpanther.com or on SEDAR at www.sedar.com.

Excellon Resources Reports Third Quarter Financial And Exploration Results

Excellon Resources Inc. (the “Company” or “Excellon”) is pleased to report nine-month net income for the period ending September 30, 2011 of $7.5 million as compared to a loss of $1.2 million for the same period of 2010. The Company recorded a loss in the third quarter of $1.0 million as compared to a loss of $2.0 million in the third quarter of 2010. The loss in the current quarter was primarily the result of $3.4 million of unrealized foreign exchange losses attributable to the impact of a strengthening US dollar experienced during late September. The Company reports its financial results in US dollars and conducts its business in the domestic currencies of Mexico and Canada.

Del Toro Closes Private Placement for Proceeds of $75,000 USD

CARSON CITY, Nev., Nov 10, 2011 (GlobeNewswire via COMTEX) — Del Toro Silver Corp. (“Del Toro” or the “Company”) is pleased to announce they have closed a non-brokered private placement in the Company at a price of $0.04 per common share. The private placement is 1,875,000 common shares for gross proceeds of $75,000 (all funds expressed in USD). Each common share is subject to restrictions by regulatory authorities. The securities issued and sold under the private placement will not be registered under the Securities Act of 1933 as amended (the “Act”), and may not be offered or sold in the United States absent registration, or an applicable exemption from registration, under the Act.

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