Goldgroup Refutes Groundless Claim by Sonoran Resources

March 31, 2014

Goldgroup Mining Inc. advises that Sonoran Resources LLC and its Mexican subsidiary, SR Servicios Mineros, S.A. de C.V. have filed a lawsuit in Arizona, USA against Oroco Resource Corp., Minas de Oroco Resources S.A. de C.V. and Goldgroup. The lawsuit arises from Oroco’s sale of the Cerro Prieto project to Goldgroup and pertains to certain contracts that were in place between Oroco, Minas de Oroco and Sonoran prior to the Acquisition.

Sonoran Resources LLC. Commences Legal Action

March 31, 2014

Oroco Resource Corp. advises that Sonoran Resources LLC. and its Mexican subsidiary, SR Servicios Mineros, S.A. de C.V., have filed a lawsuit in Arizona against Oroco, Minas de Oroco Resources, S.A. de C.V., and Goldgroup Mining Inc. arising from events and services related to the engineering, procurement and construction management agreement and related service agreements between Oroco, Minas de Oroco and Sonoran in regard to the mine construction at Cerro Prieto, Sonora State, Mexico. In August of 2013, Oroco sold MOR, the owner of the Cerro Prieto Property, to Goldgroup.

Mexus Gold US Completes Sale of the San Felix Mine

March 31, 2014

Mexus Gold US announced today that on March 24, 2014, the Company entered in to an agreement with First Pursuit Silver de Mexico S. De R.L. De C.V. whereby Mexus Gold US and Mexus Gold Mining S.A. de C.V. sold 100% of its interest in Mexus Enterprises S.A. de C.V. Mexus Enterprises S.A. de C.V. is the company’s operating entity in Mexico which owned and operated the San Felix Project (“Project”). The total purchase price of $5,000,000 will be paid by the assumption of certain debt and in shares of common stock of Silver Pursuit Resources Limited and $4,000,000 in cash to be paid no later than March 24, 2015. Mexus will continue to hold a 50% security interest in the Project until such time as the full purchase price is paid by FPV. The agreement includes a full release of the Company and its affiliates from all potential claims and liabilities related to the Project, its former joint venture partners and allows the Company to retain possession of all owned machinery located at the San Felix Project.

Alamos Reports a 31% Increase in Total Measured and Indicated Mineral Resources and a 16% Increase in High Grade Underground Mineral Reserves

March 31, 2014

Alamos Gold Inc. today reported its updated mineral reserves and resources as of December 31, 2013. For a detailed summary of mineral reserves and resources by project, refer to the table below.

Big North Graphite Grants Stock Options

March 31, 2014

BIG NORTH GRAPHITE CORP. announces that its Board of Directors has approved the grant of 1,600,000 stock options to directors, officers, employees and consultants of the Company pursuant to the Company’s approved stock option plan. The options are exercisable at a price of $0.10 per share and have a term of five years from the date of grant.

Orex Closes $5,000,000 in Financings in March

March 31, 2014

Orex Minerals Inc. is pleased to announce that it has closed another private placement, issuing 1,342,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $335,500, which brings the combined total raised in March to $5,000,000 with all financings. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 months from closing, expiring March 31, 2016. The shares sold in the placement and warrants comprising the Units and any shares issued upon the exercise of the warrants are subject to a hold period which expires on August 1, 2014.

Virgin Metals Inc. Announces Adoption of Advance Notice By-Law, Shareholders Rights Plan and Proposed Share Consolidation, Name Change

March 27, 2014

Virgin Metals Inc. is pleased to announce that its board of directors has approved and adopted an advance notice by-law. The By-law sets a deadline by which shareholders of the Company must submit a notice of director nominations to the Company prior to any annual or special meeting of shareholders and sets forth the information that a shareholder must include in the notice to the Company for it to be valid.

Virgin Metals Inc.: Closes $375,000 Private Placement

March 27, 2014

Virgin Metals Inc. announces that further to its press release of March 6, 2014, the Company has closed its non-brokered private placement of 7,500,000 common shares at a price of $0.05 per Common Share for aggregate gross proceeds of up to $375,000.

AuRico Gold Announces Closing of $315 million Senior Secured Second Lien Notes Offering

March 27, 2014

AuRico Gold Inc. today announces the closing of its private offering of $315 million aggregate principal amount of Senior Secured Second Lien Notes due 2020. The Notes were issued with a coupon of 7.75% and sold at 96.524% of par, and are expected to result in net proceeds to the Company of approximately $297 million, after deducting the initial purchasers’ discounts and estimated offering expenses payable by the Company. AuRico intends to use the net proceeds of the Notes to repurchase its Convertible Notes due 2016 (the “Convertible Notes”) that are tendered to AuRico’s offer announced March 6, 2014 and which expires at 12:00 midnight Eastern Time on April 2, 2014, to purchase any and all of its Convertible Notes, to fund principal and interest payments on any Convertible Notes that remain outstanding following the offer to purchase, to repay amounts outstanding under its existing senior secured credit facility and for general corporate purposes, which may include funding capital expenditures to support organic growth.

Excellon reports 2013 annual and fourth quarter financial results

March 27, 2014

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report financial results for three and twelve month periods ended December 31, 2013.