Author: Josue Gomez

Bearing Resources Ltd. is pleased to provide an update on its exploration activities at the Mapimi gold-silver project located in an area of good infrastructure, approximately 80 kilometres northwest of the Penoles smelter at Torreon in the State of Durango, Mexico. Mapimi comprises the 13,400 hectare KM66 property, the acquisition terms for which were announced in the Company’s news release dated March 12, 2012, and the contiguous 100% owned approx. 26,000 hectare Pedro property. The project exhibits many of the geologic characteristics that typify Goldcorp’s Penasquito and Camino Rojo deposits; in particular, breccia hosted and carbonate replacement style mineralization potentially associated with buried porphyry style mineralization. The Company believes that the precious and base metal mineralization identified to date on the Mapimi property may be indicative of a larger mineral system under shallow cover.

Excellon Resources Inc. Mexico’s highest grade silver producer is pleased to announce that it has resumed exploration drilling at La Platosa with three diamond drills currently operating at Rincon del Caido, 1.1 km northwest of the La Platosa mine.

Cayden Resources Inc. is pleased to announce that it has received additional soil and rock results from the eastern part of the La Magnetita gold anomaly located at the Morelos Sur project, Guerrero State, Mexico. These results have significantly increased the size of the +100 ppb Au-in-soil anomaly (now over 5.4 km X 5.4 km from a previous extent of 5.0 X 3.7 km). The large anomaly now shows an impressive 2km square area with mostly +0.5 g/t Au-in-soils (see map on website).

Silver Bull Resources, Inc. is pleased to announce it will expand its underground Termite “twinning” drill program presently targeting the “high grade silver zone” into the “high grade zinc zone”, a zone of mineralization which sits adjacent to and below the silver mineralization. The planned initial program in the high grade zinc zone will consist of 2,000 meters of diamond core drilling.

Goldgroup Mining Inc. on September 14, 2012 deferred the evaluation of the Environmental Impact Assessment for its Caballo Blanco mining project in the State of Veracruz by the Mexican Ministry of Environment.

Prospero Silver Corp. is pleased to announce that it has signed a non-binding Letter of Intent with Silver Standard Resources Inc. for an option to joint venture agreement covering Prospero’s San Luis del Cordero property in central Durango State, Mexico. Silver Standard is currently conducting due diligence on the property, and the parties are negotiating the terms of the definitive agreement, which is expected to take approximately one month to complete.