Category: Investor’s Corner

Golden Tag and Golden Minerals Amend San Diego Joint Venture Terms

GOLDEN, CO, Mar 28, 2012 (Marketwire via COMTEX) –Golden Tag Resources Ltd. (TSX VENTURE: GOG) and Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM) jointly announce the signing of an amendment to a 2005 Joint Venture Agreement (“JVA”) governing their San Diego silver exploration project. Golden Minerals holds its interest in the JV through ECU Silver, now a wholly owned subsidiary. Under the JVA amendment, Golden Tag has acquired the right to increase its interest in the JV to 60% by solely funding US $3 million of additional exploration expenses within the next 24 months. In order to increase to 60%, Golden Tag must incur and solely fund at least US $1 million of exploration costs in the first 12 month period and at least US $500,000 of costs in each of the final two six month periods. Golden Tag will become the designated operator of the JV for the additional programs and beyond as long as it completes the required funding in a timely manner. Under the 2-year amendment, exploration costs by Golden Tag are optional, except for mandatory costs related to keeping the property in good standing. As part of the JV amendment Golden Tag and ECU Silver have enhanced the mutual piggyback rights contained in the JVA so that each party has the right to require the other to include it in a transaction involving a direct or indirect sale of 100% of the San Diego project if the transaction meets certain minimum requirements and in addition Golden Tag can require that ECU participate in such a sale.

Gold Resource Corporation Declares March Monthly Dividend; First Time Option for Shareholders to Participate in Gold and Silver Dividend Program

COLORADO SPRINGS, Colo., March 27, 2012 — /PRNewswire/ — Gold Resource Corporation (NYSE Amex: GORO) declares its instituted monthly dividend of $0.05 per common share for March 2012 payable on April 23, 2012 to shareholders of record as of April 10, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Bell Copper Announces Amendments to Private Placement Financing

Bell Copper Corporation announces that it is amending the terms of its previously announced brokered private placement. The Company will now proceed with the private placement on a non-brokered basis and offer for sale up to 50,000,000 units at a price of $0.05 per Unit for total gross proceeds of up to $2,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.10 for a period of 24 months from the closing date of the Financing.

Lake Shore Gold Announces Fourth Quarter and Full-Year 2011 Financial Results, Company on Track for Rapid Production Growth by Late 2012

Lake Shore Gold Corp. today announced details of the Company’s financial and operating results for the fourth quarter and full-year 2011. Key accomplishments for 2011 include significant growth in resources, including releasing initial resources for both Thunder Creek and Fenn-Gib, doubling production from a year earlier and continuing to achieve significant exploration success with a number of new discoveries and extensions announced during the year.

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