Year: 2012

Great Panther Silver Limited today announced it has signed a definitive agreement for the purchase of a 100% interest in certain surface rights on its wholly-owned San Ignacio Project in Guanajuato, Mexico. The surface rights agreement was signed on August 17, 2012 and the title transfer is expected to be completed within two weeks.

International Northair Mines Ltd. is pleased to announce assay results from 3 core holes completed in the La Borracha Zone at its La Cigarra silver project located in north central Mexico. La Borracha is the northernmost known segment of the La Cigarra mineral system, located 200 meters northwest of the main San Gregorio and Las Carolinas target areas where drilling has identified a significant mineralized zone measuring over 2,000 metres in length and upwards of 150 meters wide. The combined San Gregorio-Las Carolinas zone is the current focus of an initial resource determination scheduled for Q4 2012.

Terry Coughlan, President and CEO of GoGold Resources Inc. is pleased to announce that Robert Harris, P. Eng., has been selected to join GoGold as Chief Operating Officer to spearhead the development of the Parral Tailings Project in Chihuahua, Mexico.

The company would like to announce the completion of its upgrade at the La Yesca Mill operations with one final piece of equipment left for completion. This equipment, a specific type of diaphragm pump, has been difficult to source, but has now been sourced and ordered.

Civil disobedience has halted production at Mexico’s “top grade producer of silver.” Farmers of the La Sierrita village, a close knit community of about 50 families, located 40 minutes north of the city of Gomez Palacio, Durango, have shut down the La Platosa mine owned by Canadian firm Excellon Resources for over a month.

Victory Resources Corp. is pleased to announce that a representation bulk sample from the Matanza and the Altamira tailings ponds have been submitted for mineralogical studies and metallurgical tests to determine the viability of re-processing the material.

Silver Bull Resources, Inc. is pleased to announce the drill results for the second batch of 6 holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.

Excalibur Resources Ltd. is pleased to announce that its 49% owned subsidiary Minera Catanava S.A. de C.V. has received the permit for use of explosives from the Mexican military called SEDENA (“Secretary of National Defense”). “As the final permit required to begin operations, this is a major milestone as it allows the company to order and use explosives under the supervision of the military and to open up adits on either side of the arroyo and begin processing higher grade underground material at Camino and San Gil veins, rather than dump material which has been used for plant testing,” commented Tim Gallagher, Chairman.