Author: Josue Gomez

Westridge Resources Announces Exchange Approval of Charay Project Option – NI 43-10 Report on Charay Project Filed on SEDAR

Westridge Resources Inc. is pleased to announce that it has received final approval from the TSX Venture Exchange of the option agreement entered into by its wholly-owned subsidiary, Minera Westridge S.A. de C.V. with Musgrove Minerals Corp. and its wholly-owned subsidiary, Minerales Jazz S.A. de C.V., pursuant to which Minera has been granted the option to acquire up to a 100% interest in an to certain mineral concessions in the United Mexican States known as the Charay Project.

High Desert Gold Corporation Announces Proposed $2,500,000 Financing

High Desert Gold Corporation (“HDG” or the “Company”) (TSX VENTURE:HDG)(OTCQX:HDGCF) announces that it proposes to issue, on a brokered private placement basis, up to 11,111,000 units (“Units”) at $0.225 per Unit for gross cash proceeds up to approximately $2.5 million (the “Private Placement”).

Capstone 2012 Operating and Capital Guidance

Capstone Mining Corp. (TSX: CS) today provided its production guidance for 2012 for its two operating mines, Cozamin and Minto, and company-wide capital expenditure guidance. Capstone expects to produce 80 million pounds +/- 5% of copper in concentrates at a total cash cost(1) of US$1.55 to US$1.65 per pound of payable copper, net of by-product credits and selling costs.

Fortuna Reports Silver Production Increase of 31% for 2011 and Issues Production Guidance for 2012

VANCOUVER, Jan. 26, 2012 — /PRNewswire/ – Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI) is pleased to announce 2011 production figures from the San Jose Mine located in Mexico and the Caylloma Mine located in Peru. The mining operations of the Company performed strongly in 2011 delivering our fifth consecutive year of silver production growth and sustained low cash cost per silver ounce. For 2012, Fortuna is scheduled to produce 3.7 million ounces of silver and 17,400 ounces of gold production or 4.6 million Ag Eq ounces plus base metal credits.

Canasil Resources Inc. : MAG Silver Initial Drilling Intersects La Esperanza Vein – Assays Pending

Canasil Resources Inc. announces that MAG Silver Corp. has completed three drill holes to date at the La Esperanza silver project in Durango and Zacatecas States, Mexico, and all three holes have intersected quartz vein and quartz vein breccia. Visible base metal sulphides have been noted. A fourth hole is in progress as part of a planned 4,000 metre drill plan for 2012. Assay results for these intercepts have not been received and will be announced when available.

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