Santacruz Silver Mining Ltd. is pleased to announce that, in connection with its previously announced short form offering led by Canaccord Genuity Corp. and including Raymond James Ltd. and Cormark Securities Inc., it has increased the Underwritten Offering from C$30,062,500 to C$35,150,000. The Company has granted the Underwriters an option to purchase up to an additional 15% of the Offering, exercisable for a period of up to 30 days after the closing date. If the Over-Allotment Option is fully exercised, the total gross proceeds from the Offering will be C$40,422,500.

Santacruz Silver Mining Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to a short form prospectus, 16,250,000 common shares of the Company at a price of C$1.85 per Common Share for gross proceeds of C$30,062,500. In addition, the Company has granted the Underwriters an option to purchase additional Common Shares at the Offering price to raise additional gross proceeds of up to 15% of the Offering, exercisable for a period of up to 30 days after the closing date.

Kimber Resources Inc. announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada other than the province of Quebec, and a Form F-3 registration statement with the United States Securities and Exchange Commission. Kimber is currently a reporting issuer in British Columbia, Alberta and Ontario. Once a receipt has been issued for the final short form base shelf prospectus, Kimber will also become a reporting issuer in Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland, Yukon, Northwest Territories and Nunavut.

Pan American Silver had a strong year in 2012, helped by record silver and gold output in the fourth quarter, and is forecasting 2013 to be another “record setting-production year.”

Silver production at Mexico City-based Fresnillo (LSE, BMV: FRES) dipped slightly in 2012 due to declining ore grades at the Fresnillo mine in Zacatecas state.

Tarsis Resources is one of those “lucky few juniors with a little bit of cash”, according to CEO Marc Blythe, whose company functions on a prospect generator model – meaning it seeks out prospective exploration projects to acquire, and then vends or options them to partners for development.

Noront Resources Ltd. has announced the company’s Board of Directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. ”On behalf of the Board of Directors, I would like to thank Wes for his efforts and dedication at Noront over the past three years, and in particular, for leading the completion of a positive feasibility study in September 2012 of our Eagle’s Nest Project in the Ring of Fire. This puts the Company in a good position as it transitions into development with a focus on the financing and development of the Project and related infrastructure. All of us at Noront wish Mr. Hanson the best in his future endeavours” stated Paul Parisotto, Chairman of the Board of Directors.