Silver Bull Announces Proposed Public Offering of Units

Silver Bull Resources, Inc. announced today a marketed public offering of units. Each unit will be comprised of one share of common stock of Silver Bull and one-half of one Common Share purchase warrant, with each whole warrant exercisable to purchase one Common Share, at an exercise price to be determined in the context of the market, for a period of 18 months from the closing of this offering. The pricing and number of units to be offered will be determined in the context of the market. PI Financial Corp. and Stifel Nicolaus Canada Inc. are acting as co-lead placement agents for the offering, and Roth Capital Partners, LLC is a co-placement agent in the United States in connection with this offering.

Goldgroup Completes Acquisition of Oroco Shares

Goldgroup Mining Inc. is pleased to announce that it has completed the purchase of five million units in Oroco Resource Corp., which was previously announced on January 28, 2013. Each unit was purchased at a price of CDN$0.20 and is comprised of one common share and one non-transferable share purchase warrant, with each warrant exercisable for two years at a price of CDN$0.25.

Gold Resource Corporation Appoints Dr. Gary Huber to Board of Directors

Gold Resource Corporation today announced that effective January 30, 2013, the size of the Board of Directors was increased from five members to six members and the Board of Directors appointed Dr. Gary Huber to fill the newly created vacancy on the board. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $72 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver.

Silver Bull Resources unveils more high zinc grades from Sierra Mojada

Silver Bull Resources (TSE:SVB)(NYSE MKT:SVBL) unveiled Thursday a third batch of drill results from its underground drill program in its high grade zinc zone at the Sierra Mojada project in northern Mexico, saying mineralization remains open to expansion in four directions.

Cayden Resources Sells a Fraction of its Morelos Sur Gold Concession for $15.7 million

Cayden Resources Inc. is pleased to announce the sale by Cayden’s Mexican subsidiary LC Mines, S.A. de C.V. of two blocks of the eastern portion (15%) of its Morelos Sur Concession “Morelos East Concession” to Desarrollos Mineros San Luis, S.A. de C.V., Goldcorp’s subsidiary which owns and operates the adjacent Los Filos mine in Guerrero State, Mexico.

Fortuna closes transaction for the Taviche Oeste Concession, and drills 427 g/t Ag and 2.77 g/t Au over 12.3 m on new extension zone at San Jose mine, Mexico

Fortuna Silver Mines Inc. is pleased to announce that the transaction to acquire the Taviche Oeste Concession (Fortuna news release January 24, 2013) has now closed. Fortuna has acquired a 55 percent interest in the property for a US$4 million cash payment and entered into an option agreement whereby upon announcement of a production decision, Fortuna may purchase the remaining 45 percent interest for a US$6 million payment. The Taviche Oeste concession is subject to NSR royalties totaling 2.5 percent.

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