Columbus Silver Corporation provides an update on the proposed acquisition of the Company by Santa Fe Gold Corporation. Under the definitive agreement governing the Acquisition, the Company and Santa Fe agreed to use best efforts to complete the Acquisition on or before March 31, 2012, with a final deadline of May 31, 2012. Though Columbus Silver has successfully completed all of its obligations to close the Acquisition, Santa Fe has not yet completed the conditions necessary to draw-down funds under its financing agreement with Waterton Global Value (Luxembourg) Sarl. Santa Fe has informed the Company that it is evaluating the aforementioned financing conditions and also exploring alternative methods of financing the Acquisition. Because Santa Fe has yet to provide funding for the Acquisition, it is unclear whether the Acquisition will complete by the Deadline or at all. The Company will provide further updates when additional information becomes available.

Levon Resources Inc. is pleased to announce the appointment of Carlos H. Fernandez Mazzi to its Board of Directors. Mr. Fernandez Mazzi will also head our newly-established Project Development Committee. His development experience at the San Cristobal Project, the world’s third-largest silver mine, makes him the ideal candidate to lead us toward pre-feasibility. The initial task of the committee is to review our development initiatives currently underway and establish optimization objectives that can bring immediate value to Levon.

SilverCrest Mines Inc. is pleased to announce its financial results for the first quarter ended March 31, 2012 (all figures in U.S. dollars unless otherwise specified.)

Argonaut Gold Inc. is pleased to announce its financial and operating results for the first quarter ended March 31, 2012. All dollar amounts are expressed in United States dollars unless otherwise specified.

Brigus Gold Corp. announces results for the first quarter of 2012.

Starcore International Mines Ltd. announces that it has closed out the hedge contracts between its wholly-owned Mexican subsidiary, Compañia Minera Peña de Bernal, S.A. de C.V., and Investec Bank plc. Funds advanced to Starcore through the $11 million credit facility arranged with Sprott Resource Lending Corp. were used to settle Starcore’s outstanding forward sales contracts with Investec (see news release of May 10, 2012).

Timmins Gold Corp. is pleased to report its first quarter of 2012 financial results for the period ended March 31, 2012. For comparative purposes, Q1 2011 below refers to the three months ended March 31, 2011. All results are presented in United States dollar unless otherwise stated. Readers should refer to the Q1 2012 management discussion and analysis and consolidated financial statements for more complete information.