Author: Josue Gomez

Sierra Metals announces 2013 first quarter financial results and receipt of conditional approval to be listed on the TSX main board

Sierra Metals Inc. is pleased to report the filing of its unaudited Financial Statements and Management Discussion and Analysis for the first quarter of 2013. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.sierrametals.com or SEDAR at www.sedar.com.

MacMillan Releases Positive Drill Results From Five Newly Titled Mexico Mining Concessions

Mr. George A. Brown, President of MacMillan Minerals Inc., is very pleased to announce that the Company has received the title documents for each of the five concessions being sought by the Company. Applications for these five concessions were originally filed by the Company through the normal staking process. Due to competing applications filed by other interested parties on the same day as these claims became available for staking, the concessions became subject to the regulatory lottery process. These five concessions have been awarded to the Company as the winner of this lottery process.

SilverCrest Announces Updated Santa Elena Reserves and Resources; Silver and Gold Probable Reserves Increase by 103% and 50%; Silver and Gold Indicated Resources Increase by 127% and 99%

SilverCrest Mines Inc. is pleased to announce updated Reserve and Resource estimations for its Santa Elena Mine in Sonora, Mexico. The updated Probable Reserves (underground, open pit and leach pad) are estimated at 8.2 million tonnes grading 74.9 gpt Ag and 1.24 gpt Au containing 19.7 million ounces of silver and 327,430 ounces of gold, representing a 103% increase in contained silver and 50% increase in contained gold over previous Probable Reserves stated below. Updated Indicated Resources (exclusive of Probable Reserves) are estimated at 2.1 million tonnes grading 114.9 gpt Ag and 1.69 gpt Au containing 7.9 million ounce of silver and 116,000 ounces of gold, representing a 127% increase in contained silver and 99% increase in contained gold over previous Indicated Resources stated below. Details of the updated Reserves and Resources are summarized in the following tables and will be included in the Santa Elena Expansion Pre-Feasibility Study to be filed on SEDAR within 45 days of this release.

Oceanus Confirms High Grade Gold at Second Zone on the La Lajita Property

Oceanus Resources Corporation is pleased to report results from underground and surface channel samples collected within the Dos Hermanos zone, one of seven gold bearing zones identified on the La Lajita Property, have returned high grade gold over significant widths. Highlighted assay results include the following;

Decidirán mineros si levantan la huelga

Chihuahua, Chihuahua.- Los ochocientos empleados de la compañía minera Frisco de San Francisco del Oro decidirán mañana mediante votación si levantan la huelga; si 401 deciden volver al trabajo, la huelga deberá disolverse.

Sierra Metals Advances Towards Tripling Production At Its Cusi Mine During 2013 And Announces New Silver Expansion Plans Beyond 2014, Chihuahua State, Mexico

Sierra Metals Inc. is pleased to report that the Company is on track to triple production at its Cusi property during 2013. Development of new access drifts at the La India mine and Minerva Mine is on time and daily production is now double that of 2012. The Cusi operation is scheduled to continue to expand and reach production of at least 500 tonnes per day within 4 months.

Canasil and MAG Sign Binding Letter Agreement for MAG to Earn up to 70% Interest in Canasil’s Salamandra Project in Durango State, Mexico

Canasil Resources Inc. announces that the Company and MAG Silver Corp. have signed a binding Letter Agreement providing for MAG to earn up to a 70% interest in Canasil’s Salamandra silver-copper-zinc-lead project in Durango State, Mexico. The project is located close to the city of Durango and 80 kilometres on trend northwest of the San Martin-Sabinas mining district, the largest underground silver-copper-zinc deposit in Mexico, owned by Grupo Mexico and Penoles.

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