Oroco Closes Second Tranche of Non-Brokered Private Placement

Oroco Resource Corp. announces it has today closed the second and final tranche of a non-brokered private placement financing (the “Financing”) it previously announced by news release dated February 27, 2012, and amended March 2, 2012. The Company has raised gross proceeds of $647,500 in this second tranche closing through the sale of a total of 2,590,000 units at a price of $0.25 per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 18 months at a price of $0.40 per share. The securities issued in connection with this private placement will be subject to a four-month hold period in accordance with applicable Canadian Securities Laws.

Goldgroup Provides Update on Environmental Permitting Status at Caballo Blanco

Goldgroup Mining Inc. has received its first set of written comments on its primary environmental permit for mining, the Environmental Impact Statement (“EIS”), at the 100%-owned Caballo Blanco gold project, from the Secretaría de Medio Ambiente y Recurso Naturales (“SEMARNAT”), also known as the Ministry of Environment and Natural Resources. The EIS was submitted by Goldgroup to SERMANAT on December 16, 2011. SEMARNAT, which acts as the federal environmental regulatory agency in Mexico, provided its first written response to Goldgroup in line with the typical response time of 60 working days.

Baja Mining Comments on ISS Recommendation

Baja Mining Corp. today commented on a report issued by Institutional Shareholder Services regarding the proxy contest initiated by dissident shareholder Mount Kellett Master Fund II A LP. A Baja shareholders’ special meeting requisitioned by Mount Kellett is scheduled for April 3, 2012.

Rome Grants Riverside Option to Acquire Up to 75% of the Inguaran Property, Mexico

Rome Resources Ltd. is pleased to announce that it, through its wholly-owned subsidiary Roma Recursos de Mexico, S.A. de C.V. has entered into an agreement with Riverside Resources Mexico, S.A. de C.V., the subsidiary of Riverside Resources Inc., whereby Riverside Mexico can earn up to a 75% interest in six mineral concessions comprising 6,539 hectares located in the Inguaran Project, Michoacan, Mexico. In order to exercise its initial option to acquire a 51% interest in the Property, Riverside Mexico must complete at least $3,000,000 worth of exploration expenditures on the Property by March 2, 2015. If this first option is exercised, Riverside Mexico will then have a second option to increase its interest to 75% by incurring an extra $2,000,000 in exploration expenditures by the second anniversary of the date the Initial Option was exercised.

UC Resources – Message from the CEO

I recently attended the annual PDAC convention in Toronto and met with a number of shareholders. We always welcome the opportunity to directly answer questions and discuss company plans with our shareholders. We believe in being accessible, accountable and responsive.

Torex Signs Final Long-Term Ejido Land Lease Agreement at Morelos

Torex Gold Resources Inc. is pleased to announce that its wholly-owned subsidiary, Minera Media Luna S.A. de C.V., has signed a long-term, common land lease agreement with the Real del Limon Ejido for all of the remaining common use land that is required (222 hectares) for the future construction, mining, and processing of gold at its Morelos Gold Project in Guerrero State, Mexico.

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.