Amex Completes Permitting and Road Access on Chivas Property, Sonora Mexico

Amex Exploration inc. is pleased to announce that all necessary permitting have been obtained and all road access have been completed on the Chivas property in Sonora, Mexico. The Chivas property, optioned to Bowmore Exploration Inc., is composed of two claims covering over 24,841 hectares situated at 15 kilometres to the west of the Dolores Mine owned by Minfinders Corporation Ltd. Geologically, the property is located within the Sierra Madre Occidental gold belt of Mexico wich hosts reserves of more than 40 million ounces of gold and 2 billion ounces of silver.

Galore Drills 2.22 g/t Gold Over 17.5 Metres at El Alamo

Galore Resources Inc. completed a track-drill sampling program on its El Álamo claim, part of the Company’s 100%-owned Dos Santos project in the Mazapil-Camino Rojo trend of the Concepción del Oro district, Zacatecas, Mexico. The program results produced strong gold numbers that justify a more extensive exploration program at El Álamo.

Agnico-Eagle completes compulsory acquisition of remaining Grayd shares

Agnico-Eagle Mines Limited (“Agnico-Eagle”) announced today that it has acquired the remaining 5,032,139 common shares (the “Shares”) of Grayd Resource Corporation (“Grayd”) not already owned by Agnico-Eagle, representing approximately 5.23% of the outstanding Shares on a fully-diluted basis, pursuant to a previously announced compulsory acquisition carried out under the provisions of the Business Corporations Act (British Columbia) (the “Compulsory Acquisition”). Following completion of the Compulsory Acquisition, Agnico-Eagle now owns 96,261,039 Shares, representing 100% of the outstanding Shares on a fully-diluted basis.

First Mexican Acquires 100% Interest in the Guadalupe Property in Sonora, Mexico

First Mexican Gold Corp. is pleased to announce that it has completed its 80% option earn-in on the Guadalupe property in Sonora State, Mexico, from Minera Internacional Milenio S.A. de C.V., a wholly owned subsidiary of International Millennium Mining Corp. The option agreement was subject to First Mexican Gold having to spend a total of US$4 million dollars on the project.

Trench Results by Riverside and Mexigold Define Gold-Silver Targets for Upcoming Drill Program at the Pedernal Project in Durango, Mexico

Riverside Resources Inc. is pleased to report positive results from excavator trenching reporting assays up to 1.4 g/t Au and providing further evidence to support the model that trenching has exposed the upper levels of a newly discovered, low sulfidation epithermal district. Trench results included 3.4 metres @ 0.65 g/t Au (including 1.7m of 1.2 g/t) and 15.89 metres @ 0.18 g/t Au (including 3.1m of 0.53 g/t). Results showed very encouraging dissemination beyond vein controls. Riverside and partner Mexigold Corp. are set to commence drilling shortly on the trench and rock assay target areas.

Almaden Provides Mexico Update

Almaden Minerals Ltd. (AMM.TO), which lost more than 4% yesterday, announced results from the 2011 drilling program on the company’s 100% owned Tuligtic project, Mexico, with holes TU-11-69, 75, 77 to 80, 82 To 87 and 89 to 92.

BOWMORE Exploration Ltd.: Permitting and Road Access Completed on Chivas Property, Sonora, Mexico

Bowmore Exploration Ltd. is pleased to announce that all necessary permitting and road access has been completed on the Chivas property located in Sonora, Mexico, in preparation for the upcoming drill program. The Chivas property is optioned from Amex Exploration Inc. (AMX: TSX-V). The company completed 20 km in road maintenance and widening and also completed 12 km in road construction to allow access for a conventional drill rig to the targeted zones identified by previous work programs. Work began in early December 2011 and was recently completed with access to the Silica Cap, Mesa Blanca, and the Mesa zones. All drill pads have been prepared to test the IP and TerraSpect anomalies along the mentioned altered zones where previous exploration work in 2010 and 2011 identified a large low sulphidation epithermal system and the discovery of a large silica zone within the Chivas property (see news releases dated October 26, 2010, July 14, 2011 and November 21, 2011).

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