Mexus Gold US Mining and Cable Update

Mexus Gold US is a company engaged in the evaluation, acquisitions, exploration and development of mining properties and conducts salvage operations for the recovery of precious metals. Mexus Gold is pleased to provide the following updates on the following projects to our shareholders.

Kimber Announces $7 Million Bought Deal Private Placement

VANCOUVER, July 7, 2011 /PRNewswire/ – Kimber Resources Inc. (NYSE AMEX: KBX, TSX:KBR) is pleased to announce that it has entered into an engagement letter with a syndicate of Underwriters (the “Underwriters”) for the offering, on a private placement basis, of 4,400,000 common shares of Kimber (the “Shares”) at a price of C$1.60 per Share, for gross proceeds of C$7,040,000 ( the “Offering”), with a “bought deal” commitment by the Underwriters, subject to certain conditions.

Mercator Reports 2011 Second Quarter Production Results Production of 11.18 million pounds of Copper and 1.76 million pounds of Molybdenum

VANCOUVER, BRITISH COLUMBIA – Mercator Minerals Ltd. (TSX:ML) (“Mercator” or the “Company”) is pleased to announce its production results for the three months ended June 30, 2011 from its wholly-owned Mineral Park Mine in Arizona. Production for the quarter totaled 11.18 million pounds of copper, 1.76 million pounds of molybdenum and 180,569 ounces of silver as compared to guidance of 9.5 million pounds of copper and 1.0 million pounds of molybdenum.

Capstone Second Quarter Production Results

VANCOUVER, BRITISH COLUMBIA – Capstone Mining Corp. (TSX: CS) today announced its operating results for the three and six months ended June 30, 2011 from its two operating mines, Cozamin and Minto. Combined production totalled 21.2 and 37.9 million pounds of copper in concentrates in the second quarter and first six months, respectively, with additional by-products of lead, zinc, silver and gold.

Cardero Resource Appoints Guy Gilron as Vice President, Environment & Community Relations

Cardero Resource Corp. (“Cardero” or the “Company”) – (TSX: CDU, NYSE-A: CDY, Frankfurt: CR5) announces the appointment of Mr. Guy Gilron as Vice President, Environment & Community Relations, effective July 11, 2011. Mr. Gilron will be responsible for developing and implementing the Company’s environmental and community relations policies and practices. The immediate focus of this effort will be overseeing environmental baseline studies, permitting activities, and community consultations associated with Cardero’s Carbon Creek Metallurgical Coal deposit located in the Peace River Coal Field of north eastern British Columbia.

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