Category: Investor’s Corner

Oro Mining Ltd. (“Oro Mining” or the “Company”) (TSX VENTURE:OGR) announces that further to the news release dated February 2, 2012, the Company has increased the brokered private placement of units at $0.11 per unit from up to 52,272,728 units to up to 71,837,000 units for aggregate gross proceeds of up to $7,902,070. As previously disclosed, each unit is comprised of one common share and one-half of one non-transferable common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share at an exercise price of $0.20 for two years from the date of closing.

High Desert Gold Corporation (TSX VENTURE:HDG)(OTCQX:HDGCF) (“HDG” or the “Company”) is pleased to report that HDG and Haywood Securities Inc. have agreed to increase the size of HDG’s previously announced private placement (the “Private Placement”) to an aggregate size of up to 21 million units of the Company (each a “Unit”) for total gross proceeds of up to approximately $4.7 million.

GOLDCORP INC. reported fourth quarter gold production of 687,900 ounces at a total cash cost1 of $261 per ounce, leading to record revenues of $1.5 billion and operating cash flows before working capital changes2 of $831 million. Reported net earnings in the quarter were $405 million compared to $560 million in the fourth quarter of 2010. Adjusted net earnings3 were $531 million, or $0.66 per share, compared to $431 million, or $0.59 per share, in the fourth quarter of 2010.

VANCOUVER, BRITISH COLUMBIA, Feb 15, 2012 (MARKETWIRE via COMTEX) — First Mexican Gold Corp. (the “Company” or “FMG”) (frankfurt:21M) is pleased to report that the acquisition of 100% of the Guadalupe project has been completed in Yecora District of Sonora State, Mexico from Minera Internacional Milenio S.A. de C.V. (MIMSA), a wholly owned subsidiary of International Millennium Mining Corp. (IMMC). This project now is comprised of Hilda 30, Hilda 37/38 properties, Hilda 31/32 plus Santa Martha, El Hoyo, San Martin, Panda, Santa Patricia, Vianney and the Kootenay Gold Inc. La Cabana properties.

Silvermex Resources Inc. reports fourth quarter production results from its La Guitarra mine, located in the Temascaltepec mining district in the State of Mexico. Silver production increased from the previous quarter to 134,106 ounces and gold production to 1,010 ounces.

Vancouver, BC: Ross River Minerals Inc. (TSX-V: RRM) (the “Company”) is pleased to announce that effective immediately, Mr. Brian Leeners will be joining the Board of Directors of the Company. Mr. Leeners is the founding partner of Nexvu Capital Corp. and has served as a director and senior officer for multiple public and private companies over the past fifteen years. Mr. Leeners received both his B.Comm. and L.L.B. degrees from the University of British Columbia in 1992.

Vancouver, British Columbia – Kimber Resources Inc. (NYSE Amex:KBX, TSX:KBR) today announced its financial results for the three and six months ended December 31, 2011. All amounts in this news release are in Canadian dollars. The operating results were prepared in accordance with International Financial Reporting Standards (“IFRS”). Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three and six months ended December 31, 2011 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.

TORONTO, ONTARIO–(Marketwire – Feb. 14, 2012) – Soltoro Ltd. (TSX VENTURE:SOL) In 2011, exploration and financing efforts met with success. Highlights included:

— Completion of a 13,400 metre diamond drill program at the El Rayo primary silver project which included the discovery of the Soledad near surface high-grade silver deposit. Soledad drilling in hole Ray11-60 returned 7m of 1,010 gpt Ag with 6.9m of 527 gpt Ag further down hole. Step out drill results at Soledad included 43.7 metres of 300 gpt Ag in hole Ray11-66 and 62m of 182 gpt Ag in hole Ray11-81.

Vancouver, BC – February 14, 2012 – Corex Gold Corp. (the “Company”) further to its news release of January 20, 2012 is pleased to advise it has received TSX Venture Exchange (“Exchange”) approval on the Amendment Agreement for the acquisition of the Hilda 35 Fraccion 1 mining concession.

The key terms of the Amending Agreement, and exercise of the Final Contract include:

US$150,000 to be paid on or before December 9, 2011 (paid); and
US$569,000 to be paid on or before January 23, 2012 (paid).

Vancouver, British Columbia – Further to its press release of February 8, 2012, Cortez Gold Corp. (TSXV:CUT) (“Cortez” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 4,145,351 Units (the “Units”) priced at $0.10 per Unit, for gross proceeds of $414,535.10.