Mercator Minerals Secures Debt Facility to Replace El Pilar Pre-Construction Credit Facility

Mercator Minerals Ltd., further to the Company’s September 28, 2012 press release, is pleased to announce that it has executed an agreement with RMB Australia Holdings Limited (“RMB”) for a $30 million corporate debt facility arranged by RMB Resources Inc., a resource financing division of the FirstRand Group of South Africa. The Company has drawn down $27.3 million of the Facility. The remainder of the Facility will be available to Mercator once certain security is registered in Mexico.

Yale Summarizes 2012

Yale Resources Ltd. is pleased to provide a summary of its activities in 2012 and give an overview of its plans for 2013.

First Majestic Buys Orko Silver for La Preciosa

“To add the amount of ounces we’re adding there are simply not a lot of opportunities. It was almost a must-have for us to add this asset to our portfolio,” said Keith Neumeyer, president and CEO of First Majestic Silver. He was describing Orko Silver’s La Preciosa project in Mexico, one of the largest undeveloped silver deposits in the world and a project his company has been eyeing for more than two years.

Argonaut Responds to Trading Inquiries

Argonaut Gold Inc. has received inquiries regarding recent insider trading reports filed by members of senior management. The Company has been advised that certain members of management have engaged in trading their shares for personal tax planning purposes prior to the end of the calendar year. The Company also understands that no member of senior management has any present intention to materially change his overall equity interest in the Company.

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