Category: Investor’s Corner

First Point Minerals Expands its Executive Team

Vancouver, January 24, 2012 — The Board of Directors of First Point Minerals Corp. (FPX-TSX.V) (“First Point” or the “Company”) is pleased to announce the appointment of Mr. James S. Gilbert as President and CEO, and a Director of the Company. Dr. Peter Bradshaw, CEO of First Point since its formation, has been elected Non-Executive Chairman of the Board of Directors of the Company.

Catalyst Copper Announces Private Placement

VANCOUVER, B.C. – Catalyst Copper Corp. (TSXV: CCY) (the “Company” or “Catalyst”) is undertaking a non- brokered private placement (the “Offering”) of up to 33,500,000 units at a price of $0.105 per unit for gross proceeds of Cdn $3,517,500.

IMPACT Silver 2011 Exploration Review and 2012 Outlook

Impact Silver Corp. is pleased to provide a summary of its 2011 exploration program at the Royal Mines of Zacualpan Silver District and the adjacent Mamatla Mineral District in Mexico. IMPACT has over five years of consistently profitable operations, with 2011 being a record breaking year for revenues and earnings.

Excellon provides fourth quarter, year end 2011 production and exploration updates

Excellon Resources Inc. (“Excellon” or “the Company”) is pleased to report fourth quarter and year end production updates for 2011 and that it has exceeded both fourth quarter and annual silver production targets for 2011 by approximately 40% and 4.5% respectively. The Company also reports that at year-end, it held approximately US$22 million in cash.

Bearing Resources Closes $180,000 Private Placement Financing

Bearing Resources Ltd. is pleased to announce the Company has closed the $180,000 private placement announced on December 19, 2011. The non-brokered private placement consisted of 428,572 units. Each Unit is comprised of one common share of the Company and one half of a common share purchase warrant. The Units were offered at a price of $0.42 per Unit. Each whole Warrant will be exercisable for one common share of the Company until January 18, 2013 at an exercise price of $0.60. The securities bear a four month and one day hold period.

US Gold and Minera Andes Shareholders Vote to Approve Business Combination

TORONTO, ONTARIO, Jan 20, 2012 (MARKETWIRE via COMTEX) — US Gold Corporation (“US Gold”) and Minera Andes Inc. (“Minera Andes”) are pleased to announce that at each of their respective meetings on January 19, 2012, shareholders voted in favour of the proposed business combination between US Gold and Minera Andes, pursuant to which US Gold will acquire Minera Andes and be renamed McEwen Mining Inc. (“McEwen Mining”).

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.