Day: February 25, 2014

Paramount Gold and Silver Corp. today reported results from the final two core holes drilled at Don Ese-part of its ongoing program to enhance the resource base at its 100%-owned San Miguel Project in northern Mexico. Paramount has been drilling at San Miguel since late last year with two core rigs. The focus now shifts to a potential new discovery on the southern end of the 7.5 km long Guazapares Megastructure.

Kootenay Silver Inc. is pleased to provide an update of exploration on the contiguous land position surrounding its flagship Promontorio Silver Project in Sonora, Mexico. Ongoing exploration has resulted in the discovery of numerous zones of gold-silver, silver and gold-copper mineralization that defines a 25 x 15 km northwest trending corridor, the “Promontorio Mineral Belt”.

SilverCrest Mines Inc. is pleased to announce it has received notice of exercise of the Underground Mine Option from Sandstorm Gold Ltd. for the Santa Elena Mine, Sonora, Mexico. This Option allows Sandstorm to purchase 20% of the gold produced from underground operations at the Santa Elena. In consideration of exercise of the option, Sandstorm will make an additional upfront deposit of US$10 million to the Company on or before March 17, 2014 and will continue to make ongoing per ounce payments of US$350 until 50,000 ounces of gold have been delivered to Sandstorm, inclusive of 18,593 ounces already received from open-pit production, at which time the payments will increase to US$450 per ounce of gold.

Silver Bull Resources, Inc. is pleased to announce it has been granted water permits to access water of up to 3,500,000 cubic meters per annum for use on its Sierra Mojada Project in Coahuila, Mexico.