Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report results for diamond drill hole EX12LP1038, completed in late 2012 in the Rincon del Caido area, less than one km northwest of the Platosa Mine. LP1038 encountered Source-style sulphide-mineralized skarn typical of the eight other significant intersections reported in the Rincon area since spring 2012. Each of these holes intersected skarn alteration and significant metal values, including persistent anomalous gold, indicating that Rincon lies on the edge of a proximal carbonate replacement deposit, the possible Source of the Platosa mantos. The Au values encountered in LP1038, however, are far higher than those encountered previously and suggest that the Source itself will contain a significant gold component.

Minaurum Gold Inc. is pleased to report that it has regained 100% control of the 12,291-ha Adelita gold-silver-copper project in southern Sonora, Mexico from its joint venture partner, Ocean Park Ventures Corp.

Southern Silver Exploration Corp. plans to issue up to 15,000,000 units in a non-brokered private placement at a price of $0.05 per Unit to raise $750,000. Each Unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.10 per share.

Pan American Goldfields Ltd. acknowledges its receipt of Mr. Emilio Alvarez’s recent Delaware lawsuit which seeks to force the Company to hold an immediate Annual Meeting of Shareholders. The Company is disappointed and confused by Mr. Alvarez’s actions. Mr. Alvarez is a partner of Mr. Bruno Le Barber, a director of the Company. Messrs. LeBarber and Alvarez were both notified in writing on October 25, 2012 (more than two months prior to the filing of the Delaware lawsuit) of the Company’s intention to hold an Annual Meeting in June 2013 following the filing of its Annual Report on Form 10-K for its fiscal year ending February 28, 2013. The Company has formally selected June 28, 2013 as the date of its Annual Meeting, and will petition the Delaware court to allow the Company to hold the Annual Meeting on this date.