Year: 2013

NWM Mining Corporation is pleased to provide an update on mining operations at the company’s new Gold Ridge open pit. The Gold Ridge zone of mineralization is located approximately 300m west and runs approximately parallel to the Lluvia de Oro open pit which has been the source of essentially all the ore mined to date at the Lluvia de Oro site. As of the end of July 2013 the company has mined approximately 3,700 ounces (240,000 tonnes at 0.48 g/t gold) from the new Gold Ridge pit to supplement production from the project’s primary Creston pit operations.

War Eagle Mining Company Inc. reports that, on August 8, 2013 the Company’s BVI subsidiary, Tombstone Mining Inc., entered into a preliminary agreement with Contratista y Operaciones Mineras SA de CV, a Mexican mining company, to sell all its shares of its Mexican subsidiary, Tombstone Exploration de Mexico SA de CV to COMSA. Tombstone Mexico is the owner of the Tres Marias zinc-lead-germanium project in Chihuahua, Mexico. Total consideration for the purchase of Tombstone Mexico of US$2,500,000 cash will be satisfied by (i) US$50,000 payable on signing a definitive agreement with the balance in periodic payments over three years and (ii) a 2% net smelter return royalty to a maximum of a further US$2,500,000 with a possible increase to a maximum of up to US$3,300,000 depending on metal sales volumes and prices.

New Gold Inc. today announces that a minor pit wall movement occurred at its Cerro San Pedro Mine in Mexico on August 23, 2013. Approximately 800,000 tonnes of material moved on the northeast pit wall. Importantly, no one was injured, however, as a precautionary measure, mining in the area below the pit wall movement has been temporarily suspended. New Gold is working with geotechnical experts to evaluate the area and assess the impact on the company’s near-term mine plan and production at Cerro San Pedro. The objective is to develop a plan for the safe resumption of mining in the area below the movement, however, if it is determined that this area will not be accessible until the next phase of mining, scheduled to take place in 2014, the company’s preliminary estimate is that approximately 15,000 ounces of gold production would be carried forward from 2013 into future periods. The cost to mine and recover these ounces is not expected to increase by a material amount.

Mexus Gold US, and its subsidiary, Mexus Enterprises, S.A. de C.V., negotiated a new agreement covering the San Felix Mine. The company also entered a joint venture agreement with Atzek Mineral S.A. de C.V., a well-known Mexican mining exploration and mineral evaluation company, for participation in mining operations of the Mexus–Atzek Mine (formerly named Trinidad Mine).