Cream Minerals Reports In-Fill Drill Results for Once Bocas North, Nuevo Milenio Silver-Gold Project

Cream Minerals Ltd. is pleased to announce in-fill drill results for the Once Bocas North Zone at Nuevo Milenio. OBN 02-11 tested the up dip section of the mineralized zone defined by DDH 09-06 intersecting a broad zone 18 metres wide returning good values including 118.8 g/t Ag and 9.240 g/t Au over 2 metres. The mineralization contained within Once Bocas North comprises 15.6 million ounces silver equivalent of Nuevo Milenio’s 54.6 million ounce silver equivalent Inferred Mineral Resource. The December 2008 NI 43-101 Technical Report employed a cut-off grade of approximately 131 g/t silver equivalent. In-fill drilling of Once Bocas North is one aspect of the 20,292 metre diamond drill program completed in early October at the 100% owned Nuevo Milenio Silver-Gold Project, Nayarit State, Mexico. Nuevo Milenio covers a low sulphidation, epithermal precious metal prospect containing silver-gold mineralization in quartz vein quartz stock work zones hosted within a collapsed caldera.

Southern Silver Closes First Tranche of Private Placement

Southern Silver Exploration Corp. announces that it has closed the first tranche of its previously reported non-brokered private placement by issuing 6,417,000 units at a price of $0.15 per unit for gross proceeds of $962,550. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.20 per share.

Silver Bull Announces an Additional $US 3 Million Common Stock Offering to the $7.5 Million Non-Brokered Common Stock Offering Previously Announced December 2, 2011

VANCOUVER, British Columbia, Dec. 6, 2011 /PRNewswire/ — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) is pleased to announce that it has received commitments from various investors for the sale of 6,000,000 shares of common stock at a price of $US 0.50 per share (“the Offering) resulting in gross proceeds of $US 3,000,000. These commitments are in addition to the commitments received 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 as described in the Silver Bull news release dated December 2, 2011.

Mercator Minerals Closes $20 Million Financing

Mercator Minerals Ltd. is pleased to announce that it has closed its previously announced private placement of 11,428,572 units to raise gross proceeds of C$20 million. Each Unit was comprised of one common share and one-quarter of one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share of the Company at a price of C$2.50 per share until December 2, 2014. A finder’s fee of C$0.54 million was paid in connection with the financing.

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.

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