Day: March 7, 2011

Goldcorp Declares Third Monthly Dividend Payment For 2011

Vancouver, British Columbia, March 7, 2011 – GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its third monthly dividend payment for 2011 of $0.034 per share, which reflects the 11% increase the Company announced on February 24, 2011. Shareholders of record at the close of business on Thursday, March 17, 2011 will be entitled to receive payment of this dividend on Friday, March 25, 2011. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

SilverCrest 4% Higher As Reports La Joya Initial Drill Results

SilverCrest Mines (SVL.V) went up by 4% to $1.98 after announcing that it has completed 13 core holes of a planned Phase I, 22 hole program at its newly acquired La Joya Property which is located approximately 75 kilometres southeast of the city of Durango, Mexico.

Tara Gold Declares Distribution of Tara Minerals Shares

Tara Gold Resources Corp. is pleased to announce a distribution of one Tara Minerals Corp. common share for every 20 outstanding shares of Tara Gold. Tara Gold currently owns 40,898,190 shares or approximately 71% of Tara Minerals. It is the intention of Tara Gold to distribute all 40,898,190 Tara Minerals shares to its shareholders over the next 24 months. The record date for the current distribution will be announced when required filings have been reviewed by FINRA.

Vista Gold Corp. Announces Repayment of Its 10% Senior Secured Convertible Notes due March 4, 2011

DENVER, March 7, 2011 /PRNewswire/ — Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that it has repaid its U.S. $23 million principal amount of outstanding 10% senior secured convertible notes (the “Notes”) (plus accrued interest) which matured on March 4, 2011. These payments were made using available cash and did not require any borrowing. Final cancellation of the Notes depends upon the completion of certain administrative duties of HSBC Bank USA, N.A. (the “Trustee”), pursuant to Article 8 of the note indenture, dated March 4, 2008 (the “Note Indenture”), among Vista, Vista’s Mexican operating subsidiary, Minera Paredones Amarillos S.A. de C.V., as guarantor (which has subsequently changed its name to Desarrollos Zapal S.A. de C.V., the “Guarantor”), the Trustee and HSBC Mexico, S.A. De C.V., Institucion de Banca Multiple, Grupo Financiero HSBC, Division Fiduciaria, as collateral agent (the “Collateral Agent”).

Bell Copper Closes Macquarie Debt Restructuring and Repays Demand Debenture

Vancouver, B.C.: Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V Symbol: BCU) is pleased to announce that it has closed the debt restructuring with Macquarie Bank Limited (“Macquarie”) as outlined in the Company’s February 7 news release, that it has now fully repaid the Bell Demand Debenture, and that all of its $0.10 warrants were exercised prior to the February 24, 2011 deadline, generating $1.5 million in net proceeds. With these actions, Bell has now substantially reduced and deferred its remaining repayment obligations to Macquarie.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.