War Eagle Appoints New CEO and Directors

War Eagle Mining Company Inc. has re-appointed Don Padgett as a director and appointed Paul Carroll to the Company’s board of directors as Chairman, effective November 7, 2012. The Company has also appointed an experienced mining executive, Tom Atkins, as chief executive officer.

Timmins Gold reports record profit from operations of $18.3 million for Q3 2012

Timmins Gold Corp. is pleased to report its third quarter of 2012 financial results for the period ended September 30, 2012. For comparative purposes, Q3 2011 below refers to the three months ended September 30, 2011. All results are presented in United States dollars unless otherwise stated. Readers should refer to the Q3 2012 management discussion and analysis and condensed interim consolidated financial statements for complete information.

Sierra Madre Announces Amended Financing for Continued Drilling at the Peñoles Project in Durango, Mexico

Sierra Madre Developments Inc. Further to the Company’s press release dated October 16, 2012, the Company advises its proposed $750,000 private placement to issue units at $0.03 per unit has not been accepted by the TSX Venture Exchange as fitting within the TSXV temporary hardship pricing policy. As a result, the Company intends to raise up to $750,000 through the distribution of up to 15,000,000 units at $0.05 per unit, on a post-consolidated basis.

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