Day: March 7, 2013

Capstone Mining Corp. today announced the results of an updated National Instrument 43-101 compliant mineral resource estimate for the Mala Noche Footwall Zone at the Cozamin Mine in Zacatecas, Mexico. Drilling in the MNFWZ since the last resource update in February of 2012 has converted 92 million pounds of copper from the Inferred category to the Indicated category. This reflects drilling that was completed in the latter half of 2011 and most of 2012 that was not included in the last estimate. At a US$35 net smelter return cut-off grade, the Cozamin Mine’s total Measured and Indicated mineral resources at December 31, 2012, including adjustments for mining, were 430 million pounds of copper.

Solitario Exploration & Royalty Corp. is pleased to announce that it has signed a binding Letter of Intent with Minera Hochschild México S.A. de C.V., a 100%-owned subsidiary of Hochschild Mining plc on Solitario’s Pachuca Norte silver-gold project in central Mexico. Solitario’s 100%-owned Pachuca Norte project (formerly called “Pachuca Real”), encompasses approximately 19,000 hectares of mineral rights in and around the famed Pachuca silver-gold mining district. Historic production from the Pachuca district totals approximately 1.4 billion ounces of silver and over 7.0 million ounces of gold, making it one of the largest silver-gold districts in the world. A map of the project area can be viewed on Solitario’s website at http://www.solitarioxr.com/art/PachucaNorte.pdf.

Labriegos de la región de Ixtacamaxtitlan pidieron que la Comisión Nacional del Agua (CNA) realice una investigación para deslindar responsabilidades sobre el agua que está utilizando la minera canadiense Almadels Minerals en la comunidad de Tulixtic pues advirtieron que el líquido no está siendo provisto con permiso de esa comunidad.

Santacruz Silver Mining Ltd. is pleased to announce that pursuant to the San Felipe Agreement with Hochschild Mining, dated August 18, 2011, it has exercised its option to acquire the 48,057.33 hectare El Gachi project located 30 kilometers from the San Felipe project in Sonora state.