Category: Exploration and Development

Santacruz Silver Mining Ltd. is pleased to announce the completion of an updated NI 43-101 mineral resource estimate on its Rosario Project in the Charcas Mining District, San Luis Potosi, Mexico. The mineral resource estimate was completed by Gustavson Associates, LLC, of Lakewood, Colorado. The measured and indicated silver equivalent resource amounts to 10.2 million AgEq ounces while the inferred resources stand at 2.5 million AgEq ounces. The initial resource estimate at the Rosario Project included only inferred resources and subsequent exploration work performed at the property by Santacruz has successfully upgraded 86% of these inferred resources to measured and indicated.

Coeur d’Alene Mines Corporation could be moving its headquarters to Chicago, a company spokesperson confirmed on Thursday.

Unmined Section Yields Average of 6.2g/t Gold Eq. over 1.8m Width for 81m Strike of Level 1 of Hilos

Pan American Goldfields Ltd. is pleased to announce new record production results for the month of November, 2012 at its 80% owned Cieneguita project, Chihuahua, Mexico.

Xtierra Inc. is pleased to announce that it has recently completed the acquisition of the necessary surface lands that will be required for the surface installations and development for its Bilbao zinc-silver-lead-copper deposit located 50km southeast of the State capital in Zacatecas, Mexico.

Golden Goliath Resources is looking forward to next year, in anticipation of the first ever diamond drilling program on the Nopalera property in Mexico, with hopes of uncovering a “company-building” gold deposit at the site.

Garibaldi Resources Corp. is pleased to announce that shareholders have voted in favor of the Company’s adoption of a shareholder rights plan ratified at the Company’s Annual General and Special Meeting held on December 14, 2012.

First Majestic Silver Corp. is pleased to announce that it has entered into a US$50 million forward sale contract with Bank of America Merrill Lynch on a portion of its future lead and zinc production.

Endeavour Silver Corp. announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters (m) long by 300 m deep, still open for expansion.

El Tigre Silver Corp. is pleased to report that it has signed a contract with MAJOR DRILLING DE MEXICO, S.A. DE C.V. and has mobilized a core drilling machine and associated equipment to its 431 square kilometer El Tigre silver-gold property in northern Sonora, Mexico. Drilling will commence the first week of January 2013. The Company is fully funded to complete this next phase of drilling.