Year: 2016

Robert Willis, CEO commented; “We are extremely grateful to receive the financial support to not only initiate the San Marco / GlobeTrotters partnership field work, but also to continue reviewing and evaluating additional opportunities. We look forward to providing our shareholders with a continual flow of news regarding results of field work which has been initiated. “

Corex Gold Corp. announces subject to TSX Venture Exchange approval, has agreed to settle an aggregate amount of $176,400 owed to related and non-related parties to be settled by the issuance of approximately 2,205,000 common shares at a deemed issue price of $0.08 per share.

As previously disclosed on November 4 and December 4, 2015, Minaurum loaned Guerrero Ventures Inc. funds to explore Biricu. Guerrero has informed Minaurum that the required exploration expenditures and obligations of the underlying Biricu option agreement between Alamos Gold Inc. and Guerrero have been fulfilled. Results from the exploration work are pending.

The Company is continuing to take steps to bring the Company into good standing, evaluate its existing project portfolio and assess opportunities for moving forward. As previously disclosed, in connection with the revocation of cease trade orders in early February, the Company filed an updated resource report on its flagship Tejamen silver project in Durango, Mexico. The Company is currently evaluating viable options to progress the Tejamen silver project including having discussions with potential joint venture partners. The Company plans to continue its efforts to create value from its portfolio of properties for shareholders.

First Mexican Gold Corp. wishes to advise that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. First Mexican Gold wishes to advise the public that its October 28, 2014 technical report, as currently filed, does not comply with the requirements of NI 43-101. As such, the resource estimates on its Guadalupe project are not supported by the compliant NI 43-101 technical report, contrary to NI 43-101, and that the resource estimates should not be relied on until they have been verified and supported by a revised technical report. The Company is working with its consultants and Qualified Persons to file a revised technical report as soon as possible and will keep the shareholders apprised of its progress.

The net proceeds from the sale of the Common Shares will be used towards the mill and mine expansion at La Guitarra to 1,000 tpd, to further advance the roasting analysis and testing at La Encantada, and to allow the Company to increase the amount of development and exploration across the Company’s six operating mines as well as for general corporate and working capital purposes.

Chinese gold miners plan to extend the biggest buying spree in four years, as the nation seeks greater clout in the global bullion industry. The prospect may be helping to drive up the price of gold assets in other countries.

“The San Acacio project vendor has been willing to renegotiate the purchase agreement on multiple occasions in the past, providing Defiance with the flexibility to prosper throughout this difficult market and to maximize the allocation of its treasury toward the advancement of the project instead of property payments. Defiance plans to use this additional financial flexibility in 2016 to explore and expand the existing resource at the San Acacio Silver Project”, stated Bruce Winfield President and CEO.

GREAT PANTHER SILVER LIMITED announces that it has entered into an At-the-Market Offering Agreement dated April 20, 2016 with Rodman & Renshaw, a unit of H.C. Wainwright & Co., LLC. Under the ATM Agreement, the Company will be entitled, at its discretion and from time-to-time during the term of the ATM Agreement, to sell, through Rodman, as placement agent, such number of common shares of the Company having an aggregate gross sales price of up to US$10.0 million. Sales of the Common Shares will be made through “at the market distributions”, as defined in National Instrument 44-102, directly on the NYSE MKT LLC or on any other existing trading market in the United States. No offers or sales of Common Shares will be made in Canada on the Toronto Stock Exchange or other trading markets in Canada. The Common Shares will be distributed at market prices or prices related to prevailing market prices from time to time. As a result, prices of the Common Shares sold under the Offering will vary as between purchasers and during the period of distribution.

“We anticipate improved consolidated results in the current year as we continue to focus on the restructuring and rehabilitation at the Yauricocha Mine with the implementation of best practices and the introduction of modern methodologies.” commented Mark Brennan, President and CEO of Sierra Metals. “We have already begun to see the impact of these changes with increased throughput and improved silver/copper equivalent production over the previous quarter. Management continues to be optimistic that these changes that have resulted in lower production beginning in the third quarter of 2015 will serve to increase production in the coming years.”