Goldex Resources Closes Private Placement

Goldex Resources Corp. is pleased to announce that on April 2nd, 2012 the Company closed a private placement for gross proceeds of $196,500. The Company sold 3,930,000 Units at a price of $0.05 per Unit. Each Unit consists of one common share of the Company and one transferable common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Share at a price of $0.10 for a period expiring one year from the date of issuance. The Company paid finders’ fees totaling $9,800 and 196,000 brokers warrants to Loeb Aron & Company Ltd. and Canaccord Genuity Corp. All securities issued in connection with the Offering are subject to a statutory hold period expiring August 3rd, 2012 in accordance with the applicable securities legislation.

American Consolidated Minerals Corp. Completes Acquisition of 50% Interest in Sierra Rosario

American Consolidated Minerals Corp. is pleased to report that it has met all of the terms of its agreement with Sparton Resources Inc. and has completed the acquisition of Sparton’s 50% interest in the 500-hectare Sierra Rosario Property located in the state of Sinaloa, Mexico. International Northair Mines Ltd. is the owner of the other 50% of Sierra Rosario and the project operator.

First Majestic Announces Friendly Acquisition of Silvermex Resources

First Majestic Silver Corp. and Silvermex Resources Inc. are pleased to announce that they have entered into a definitive agreement pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of Silvermex for a consideration of 0.0355 common shares of First Majestic and C$0.0001 in cash per common share of Silvermex. The offer values Silvemex at approximately C$0.60 per share, representing a premium of approximately 33% to the closing price of Silvermex as at April 2, 2012 and approximately 43% to the 30 day volume weighted average price. The transaction will be implemented by way of a plan of arrangement under the Business Corporations Act (British Columbia).

MacMillan Minerals Reports On Annual Shareholder Meeting

Apr 02, 2012 (ACCESSWIRE-TNW via COMTEX) — TORONTO, CANADA – April 2, 2012 – Mr. Thomas Skimming, P. Geo., CEO of MacMillan Minerals Inc., (cnsx:MMX) is pleased to announce that the Company held the Annual and Special Meeting of Shareholders on Friday March 30, 2012.

Guerrero Announces First Closing of Private Placement

Guerrero Exploration Inc. announces that the Company has completed the first closing of the previously announced private placement being brokered by Euro Pacific Canada Inc. 2,562,500 units at $0.125 per unit were issued for total gross proceeds of $320,312.50. Each unit consists of one common share and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing. Insiders participated as to $37,500. Commissions of $25,828.12 and 206,625 broker warrants exerciseable for 2 years from closing at $0.125 were issued in connection with this closing.

Endeavour Mining Corporation Joins OTCQX

OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Endeavour Mining Corporation a gold production and exploration company, is now trading on the highest tier of the OTC market, OTCQX®.

Comstock Drills 21.9 Grams Per Tonne of Gold at Corona Project in Mexico

Highlights: — Three drill hole assays received to date; two drill holes (CO-12-60 & CO-12-62)were drilled along strike and one drill hole (CO-12-61) was a confirmation drill hole — Drill hole CO-12-60 intersected high gold grades of 5.89 g/t gold over 3.5 m including 21.9 g/t Au over 0.50m in oxides — Drill hole CO-12-62 intersected wider gold zone grading 1.39 g/t gold over 10.0 m including 3.14 g/t Au over 1.0 m in oxides — Drill hole CO-12-61 confirmed historic drilled mineralized zone — Four Drill holes were drilled into Low-grade gold high sulphidation “lithocap” sitting atop an igneous intrusion-driven hydrothermal system identified by the exploration team this year

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