Author: Josue Gomez

Arco Establishes Silver Mineral Resource Estimate at Taviche Property in Oaxaca, Mexico

Arco Resources Corp. is pleased to announce that Micon International Ltd. has completed an independent technical report under National Instrument 43-101 that includes a mineral resource estimate on the Company’s 100%-owned Taviche property located near Oaxaca City, Mexico. The Inferred Mineral Resource estimate is 160,000 tonnes grading 197.8 g/t Silver (Ag) and 0.85 g/t Gold (Au), at a 100 g/t Silver Equivalent (AgEq) cut-off. This equates to 1,017,000 ounces of silver and 4,400 ounces of gold at a 100 g/t AgEq cut-off. This is the first mineral resource estimate ever on the Taviche Property. The report has now been filed on SEDAR and recommends a two-phase property-wide exploration program with a budget of $556,000.

Goldgroup Files Updated NI 43-101 Technical Report on the Cerro Colorado Gold Mine

Goldgroup Mining Inc. announces that the technical report on the updated mineral resource estimate on the Cerro Colorado gold mine titled “NI 43-101 Technical Report, Cerro Colorado Gold Mine, Sonora, Mexico” effective February 29, 2012 and dated May 14, 2012, has been filed on the Company’s website and on SEDAR in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects requirements.

Pan American Silver Increases Quarterly Silver Production and Mine Operating Earnings

Pan American Silver Corp. today reported strong operational and financial results for the first quarter of 2012. In addition, the Company provided an update on its operations and on its development projects, as well as a revised forecast for consolidated silver production and cash costs for 2012, which now includes production from the recently acquired Dolores mine for the period April 1, 2012 to December 31, 2012.

Aurion Resources Ltd.: La Bandera Update

Aurion Resources Ltd. reports that its partner AuRico Gold Inc has terminated the option and joint venture agreement on Aurion’s wholly owned La Bandera gold project in Durango, Mexico.

MAG Silver Reports First Quarter Financial Results

MAG Silver Corp. announces the Company’s unaudited financial results for the three months ended March 31, 2012. For complete details of the first quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR ( www.sedar.com ) or on EDGAR ( www.sec.gov ). All amounts herein are reported in United States dollars unless otherwise specified.

Kimber Announces Third Quarter Financial Results

Kimber Resources Inc. today announced its financial results for the three and nine months ended March 31, 2012. All amounts in this news release are in Canadian dollars. The Company’s condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three and nine months ended March 31, 2012 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com .

Cumbral-San Bartolo, Sonora, Mexico Exploration Update

Westminster Resources Ltd. has recently completed an extensive program of geological mapping, prospecting and soil and rock geochemical sampling at the Cumbral-San Bartolo property located near Obregon, Sonora, Mexico. The original Cumbral exploration program conducted by Westminster in 2011 included an airborne VTEM/MAG geophysical survey with grid-controlled ground follow-up 2D-IP and MAG geophysical surveys over selective anomalies. These surveys identified a series of coincident IP chargeability-resistivity and magnetic patterns which were further defined with anomalous copper and silver trends from the 2012 soil geochemical sampling program.

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