Galore Appoints a New Chairman and New Director

Galore Resources Inc. is pleased to announce that Mr. Uwe Schmidt, the Company’s President, has accepted a position on Galore’s Board as a Director of the Company. Additionally, Mr. Michael McMillan, the Company’s Chief Executive Officer and Director has been appointed as Chairman of the Company.

Coeur Reports Healthy Increases in Combined Reserves and Measured and Indicated Resources

Coeur d’Alene Mines Corporation (NYSE:CDE) (TSX:CDM) today announced that the Company increased its total combined proven and probable reserves and measured and indicated resources of silver and gold by 17% and 12%, respectively, resulting in the addition of 85.2 million silver ounces and 462,000 gold ounces at year-end 2012 over 2011. These gains exclude the 18.0 million ounces of silver and 226,486 ounces of gold produced during 2012.

Cliffs Natural Resources Inc. Prices Public Offering of Common Shares and Mandatory Convertible Preferred Shares

Cliffs Natural Resources Inc. today announced the pricing of its public offering of common and mandatory convertible preferred shares. The Company has agreed to sell 9,000,000 of its common shares, par value $0.125 per share (or up to 10,350,000 Common Shares if the underwriters of such offering exercise their option to purchase additional Common Shares) at $29.00 per Common Share, and 27,000,000 of its depositary shares each representing a 1/40th interest in a share of its new 7.00% Series A Mandatory Convertible Preferred Stock, Class A, without par value, $1,000 liquidation preference per Mandatory Convertible Preferred Share (equivalent to $25 per Depositary Share) (or up to 31,050,000 Depositary Shares if the underwriters of such offering exercise their over-allotment option in full), at $25 per Depositary Share, in separate registered public offerings.

Extension and Reduction of Exercise Price of Warrants

Canasil Resources Inc. announces that the Company has applied to the TSX Venture Exchange to extend the expiry date from February 20, 2013, to November 20, 2013, and to reduce the exercise price from $0.35 to $0.225 for the warrants issued in connection with a private placement which closed on February 20, 2012. The amended warrant expiry date and price is subject to acceptance by the TSX Venture Exchange.

Bacanora Announces Lithium Farm-in Deal on El Sauz and Fleur Lithium Concessions

Bacanora Minerals Ltd. is pleased to announce it has executed a farm-in agreement with Rare Earth Minerals Plc, a London Stock Exchange listed company, to participate in drilling and project evaluation of the El Sauz and Fleur Lithium concessions in northern Mexico. El Sauz and Fleur are adjacent to and along strike from the La Ventana concession. The Company’s latest inferred lithium resource estimate for Ventana (see Bacanora’s Preliminary Economic Assessment for Ventana dated January 24, 2013, as previously disclosed in the Company’s news release dated January 25, 2013) is 60 million tonnes believed to contain 930,000 tonnes of Lithium Carbonate Equivalent (“LCE”) averaging 3,000 ppm Li (1.6% LCE).

Golden Minerals Announces $4.8 Million In Exploration Property Sales

Golden Minerals Company is pleased to announce the sale of most of its exploration properties in Peru for approximately $4.8 million. The Company has entered into an agreement to sell most of the properties to Compania de Minas Buenaventura S.A.A. for $4.3 million, and has completed transactions for approximately $3.5 million of that amount. The sale of the remaining $0.8 million in exploration properties to Buenaventura is conditioned on the receipt of third party consents by February 28, 2013. In addition, the Company sold other exploration properties in November 2012 to another third party for $0.5 million. The Company has closed its exploration office in Peru.

First Majestic Considering Superior Offer from Coeur to Acquire Orko Silver

First Majestic Silver Corp. announces that it has received a notice from Orko Silver Corp. that Coeur d’Alene Mines Corporation has made an acquisition proposal for all of the issued and outstanding shares of Orko pursuant to a plan of arrangement. Orko has further advised First Majestic that the board of directors of Orko has determined that the Coeur Proposal constitutes a “Superior Proposal” as defined in the Arrangement Agreement dated December 16, 2012 between First Majestic and Orko and that Orko intends (subject to First Majestic’s right to match the Coeur Proposal) to enter into an agreement with Coeur to implement the Coeur Proposal.

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.

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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.