Author: Josue Gomez

Almaden Discovers New Area of Mineralisation at Tuligtic, Mexico 2.4 km to Southwest from Ixtaca Zone, Hits 7.00 m of 0.7 g/t Gold

Almaden Minerals Ltd. is pleased to announce the discovery of a new area of mineralisation on Almaden’s 100% owned Tuligtic property, Mexico called the Tano zone. Five holes were drilled to test an area of where anomalous gold was detected in soil samples taken previously by the Company. One of the holes intersected significant mineralisation including 2.00 meters of 1.76 g/t gold. The Tano zone is one of several gold in soil anomalies on the greater than 14,000 hectare Tuligtic project that are located outside of the Ixtaca Zone.

Vista Gold Corp. Announces Proposed Public Offering of Units

Vista Gold Corp. announced today that it has filed a preliminary prospectus supplement pursuant to its base shelf prospectus dated April 19, 2012 with the securities regulatory authorities in each of the provinces and territories of Canada, other than Quebec, and with the U.S. Securities and Exchange Commission pursuant to its effective registration statement on Form S-3, pursuant to which the Company proposes to complete an offering of units upon terms to be determined in the context of the market. Each unit will be comprised of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one common share of the Company’s stock at an exercise price to be determined in the context of the market for a period of 24 months from the closing of this offering. The Company will not apply for the listing of the warrants on any stock exchange.

Primero to Acquire Cerro Del Gallo

Primero Mining Corp. today announced that it has entered into a definitive agreement with Cerro Resources NL whereby Primero will acquire all of the issued and outstanding common shares of Cerro by way of a scheme of arrangement under the Australian Corporations Act 2001. Cerro is an exploration and development company whose principal asset is 69%1 of the feasibility stage Cerro Del Gallo project, a gold-silver deposit with approximately 1.0 million ounces of gold equivalent proven and probable reserves and 2.3 million ounces of gold equivalent measured and indicated resources (inclusive of reserves)2, located in the province of Guanajuato, Mexico.

AIVN Begins Construction of Their Flagship Mexican Gold Mining Project

American International Ventures, Inc. has formed its Mexican subsidiary company “Oro De AIVN S.A. de C.V.” to begin its project named the “Motherlode”, a 300 Hectare parcel in the El Alamo mining district, Baja California, Mexico. Oro De AIVN is currently completing the road project to enable the delivery of its mining equipment sitting at the Mexican border awaiting export from San Diego.

Kimber Reports Filing of NI 43-101 Technical Report for the Monterde Project

Kimber Resources Inc. is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report, including the Updated Mineral Resource Estimate for the Carmen Deposit Monterde Project as detailed in the press release issued on October 24, 2012. The Technical Report was prepared by Micon International Limited, with assistance by Kirkham Geosystems Ltd. and Knight Piésold Consulting Ltd. The Monterde project is 100% owned and is located in Mexico’s Sierra Madre gold-silver belt.

All News