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IRVINE, CA--(Marketwire - May 19, 2012) - Itonis, Inc. (PINKSHEETS: ITNS) today issued the following letter to shareholders:

PHOENIX, ARIZONA--(Marketwire - May 19, 2012) - Gear International, Inc. (PINKSHEETS:GEAR) announces the immediate acquisition of two senior advisors that will join the company's executive team. GEAR has finalized agreements with Mr. Felix Abangin, the minister of environment and natural resources in the Philippines and Mr. Jamal Lucas, an emerging market resource development specialist with expertise in global finance. Gear has also contracted Naccarato and Associates as the company's official legal counsel.

WINNIPEG, MANITOBA--(Marketwire - May 18, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Redhawk Resources, Inc. ("Redhawk" or the "Company") (TSX:RDK)(OTCQX:RHWKF)(FRANKFURT:QF7) is pleased to provide additional information in regard to the 175% increase in resources announced on May 10, 2012. The table below sets out Measured and Indicated as separate categories rather than compiled as one category. The total resource and all other numbers reported on May 10, 2012 remain the same.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - HudBay Minerals Inc. ("Hudbay") (TSX:HBM)(NYSE:HBM) today announced that due to market conditions it is discontinuing the planned offering of US$400 million senior unsecured notes due 2020, which it had previously announced on May 14, 2012.

WINNIPEG, MANITOBA--(Marketwire - May 18, 2012) - George Pirie, President and CEO of San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold"), today announces that Benjamin Hubert has resigned as a director of San Gold, effective immediately. The board of directors of San Gold wishes to thank Mr. Hubert for his services as a director of San Gold and wishes him well in his future endeavors.

About San Gold

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - ROCKEX MINING CORPORATION (TSX:RXM) ("Rockex" or the "Corporation") is pleased to announce a proposed private placement of up to 6,000,000 units of the Corporation (each, a "Unit") at a price of $0.25 per Unit for gross proceeds of up to $1,500,000 or such lesser or greater number of units and gross proceeds as the Corporation may determine (the "Financing").

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - CHAMPION MINERALS INC. (TSX:CHM)(OTCQX:CPMNF)(FRANKFURT:P02) ("Champion") announces the completion of the acquisition by Champion of Fancamp's 17.5% joint venture interest in the Fermont Properties in the Fermont iron ore district in north-eastern Quebec, which was not already owned by Champion effective May 17, 2012, following release from escrow today. The acquisition was paid for by Champion issuing 14,000,000 common shares and 7,000,000 non-transferable warrants to Fancamp. Each warrant entitles Fancamp to purchase one common share of Champion at a price of $3.00 per share at any time between two and a half and three years after the date of issue, subject to acceleration in certain circumstances. The shares and warrants of Champion are subject to a four-month regulatory hold period and to a six-year voluntary restriction on transfer, subject to the consent of Champion. With the acquisition of those shares and together with shares currently held, Fancamp holds 12.59% of the shares of Champion on a non-diluted basis.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") announces that it has engaged the services of Regent Advisors LLC to advise the Company as it seeks a potential buyer or joint venture partner for its Taysan Copper-Gold Project located on Luzon Island.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - BRIGADIER GOLD LIMITED (the "Company") (TSX VENTURE:BRG) (FRANKFURT:B7LN) is pleased to announce that Denis Hayes of Kelowna British Columbia has been elected President and Chief Executive Office of the company by the board of directors. Mr. Hayes replaces Mr. Grant Hall who stepped down as president and CEO today.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) today announced that its Board of Directors has declared its fourth quarter fiscal 2012 dividend of CAD$0.025 per share to be paid on or before July 20, 2012 to shareholders of record at the close of business on June 29^th, 2012. The dividends are considered eligible dividends for Canadian tax purposes.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - ABERDEEN INTERNATIONAL INC. ("Aberdeen", or the "Company") (TSX:AAB) today announces that the value of its investment portfolio as at April 30, 2012, the end of its first fiscal quarter for the year ended January 31, 2013, was approximately $61.8 million including a cash balance of $2.0 million. This equates to a value of approximately $0.71 per share based on Aberdeen's investment portfolio alone and does not include the value of its gold royalties. This report of the portfolio value is not equivalent to the "Net Asset Value" or "NAV" that has been previously reported by Aberdeen as it does not include assets and liabilities of the Company that are not treated as investments. Rather, this report refers only to the cash, equity investments (private and public), option-type investments (e.g. warrants) and corporate debt/loans receivable of the Company.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Blue Gold Mining Inc. (TSX VENTURE:BGX) reports financial results for the three and nine months ended March 31, 2012, and provides a brief update on our corporate activities. All amounts are presented in Canadian dollars unless otherwise stated.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Loncor Resources Inc. (the "Company") (TSX VENTURE:LN)(NYSE MKT:LON)(NYSE Amex:LON) reports that, in view of the unusual market activity on the NYSE MKT in the Company's shares, the NYSE MKT has contacted the Company in accordance with its usual practice. The Company reports that its policy is not to comment on unusual market activity.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Redstar Gold Corp. (TSX VENTURE:RGC) (the "Company") announces it has agreed to grant 2,750,000 employee incentive stock options at an exercise price of $0.29 for a period of five years.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - FANCAMP EXPLORATION LTD. (TSX VENTURE:FNC) ("Fancamp") announces the acquisition of 14,000,000 common shares (the "Champion Shares") of Champion Minerals Inc. ("Champion") and 7,000,000 non-transferrable common share purchase warrants (the "Warrants") of Champion in exchange for Fancamp's 17.5% joint venture interest in the Fermont Properties in the Fermont iron ore district in north-eastern Quebec, which was not already owned by Champion (the "Transaction"), following release from escrow today. Each Warrant entitles Fancamp to purchase one Champion Share at a price of $3.00 per share at any time between two and a half and three years after the date of issue, subject to acceleration in certain circumstances. Prior to the Transaction, Fancamp owned 1,025,000 Champion Shares and following the closing of the Transaction Fancamp owns and controls an aggregate of 12.59% of Champion Shares on a non-diluted basis.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Lake Shore Gold Corp. (TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced that a technical report (the "Report"), entitled "Prefeasibility and Mineral Reserve Estimate for Timmins West Mine, Timmins, Ontario, Canada," has been filed on SEDAR at www.sedar.com. The Report is also available on the Company's website at www.lsgold.com (please see Mines, Projects & Properties/Review of Properties/Timmins West Mine).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) -

PARIS--(Marketwire - May 18, 2012) - EURO Ressources S.A. ("EURO") (PARIS: EUR) today announced that its Ordinary Annual Shareholders' Meeting ("AGM") will be held in Paris on June 26, 2012 at 2:00 p.m. The documents relating to the AGM will be sent to all registered shareholders and available on the EURO's website no later than June 4, 2012.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Sparton Resources Inc. (TSX VENTURE:SRI) (the "Company") announced that Alpha Prime Investments Ltd. ("Alpha Prime"), a private BVI registered company, has exercised its option to exchange its 6,057,534 shares in Company subsidiary VanSpar Mining Inc. ("VanSpar") into 12,619,863 common shares of the Company at a deemed conversion price of $0.12 per share. (Please see Sparton news release dated March 10, 2011).

TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - CHAMPION MINERALS INC. (TSX:CHM)(OTCQX:CPMNF)(FRANKFURT:P02) ("Champion") and FANCAMP EXPLORATION LTD. (TSX VENTURE:FNC) ("Fancamp") announce the completion of the acquisition by Champion of Fancamp's 17.5% joint venture interest in the Fermont Properties in the Fermont iron ore district in north-eastern Quebec, which was not already owned by Champion effective May 17, 2012, following release from escrow today. The acquisition was paid for by Champion issuing 14,000,000 common shares and 7,000,000 non-transferable warrants to Fancamp. Each warrant entitles Fancamp to purchase one common share of Champion at a price of $3.00 per share at any time between two and a half and three years after the date of issue, subject to acceleration in certain circumstances. The shares and warrants of Champion are subject to a four-month regulatory hold period and to a six-year voluntary restriction on transfer, subject to the consent of Champion. With the acquisition of those shares and together with shares currently held, Fancamp holds 12.59% of the shares of Champion on a non-diluted basis.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Messina Minerals Inc. ("Messina") (TSX VENTURE:MMI) wishes to announce that Peter Mordaunt has resigned his position as Director of the Company due to business commitments. We wish to thank Mr. Mordaunt for his guidance and dedication as Director over these many years and wish him every success in his future endeavors.

MONTRÉAL, QUÉBEC--(Marketwire - 18 mai 2012) -

MONTRÉAL, QUÉBEC--(Marketwire - 18 mai 2012) - Ressources Minières Pro-Or Inc. (TSX CROISSANCE:POI) annonce que sous réserve des approbations requises des autorités de réglementation, elle prolongera d'un an la date d'expiration de bons de souscription ayant été émis à l'occasion de deux placements privés, dont les clôtures ont eu lieu le 3 juin 2008 et le 30 mai 2011.

SASKATOON, SASKATCHEWAN--(Marketwire - May 18, 2012) - Great Western Minerals Group Ltd. ("GWMG" or the "Company") (TSX VENTURE:GWG) (OTCQX:GWMGF) announces that the the escrow agent (see GWMG Media Release May 10, 2012: "GWMG Satisfies Escrow Conditions for Release of Offering Funds") erroneously reported to the Company that the funds would be released immediately. GWMG now expects that the escrowed funds will be released upon filing of the full technical report which is scheduled to be completed on or before May 31, 2012.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Asia Now Resources Corp. (TSX VENTURE:NOW) (the "Company") is pleased to announce that, further to its press release dated April 27, 2012, Harold Roy Shipes, President & Chief Executive Officer of the Company, has also been appointed to the board of directors of the Company on May 14, 2012. Mr. Shipes replaces Kelvin Lee, who was appointed a director in March 2012 and who resigned on May 14, 2012. The board thanks Mr. Lee for his service and wishes him well on his future endeavours.

SUGAR LAND, TX--(Marketwire - May 18, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas)--Gold Fields Limited (NYSE:GFI) (Johannesburg, South Africa), one of the world's leading gold producers, reported solid gains in revenues and profits for the first quarter of 2012. The company attributed the gains to strong gold prices and tight cost controls, which offset the effects of an overall reduction in attributable equivalent gold. Net earnings were reported to be $267.8 million, compared with $157.7 million in first-quarter 2011.

GOLDEN, CO--(Marketwire - May 18, 2012) - Golden Minerals Company ("Golden Minerals" or the "Company") (NYSE Amex: AUMN) (TSX: AUM) is pleased to announce the results of a Canadian National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate for the Velardeña Operations in Mexico which was received yesterday, May 17th. The resource estimate has been prepared under the direct supervision of Robert Sanderfur, PE, of the firm of Chlumsky, Armbrust and Meyer (CAM).

TORONTO, CANADA--(Marketwire - May 18, 2012) - Inmet Mining Corporation (TSX:IMN) (Inmet) today announced the closing of its previously announced offering of US $1.5 billion aggregate principal amount of 8.75 percent senior unsecured notes maturing 2020 (the "Notes"). Inmet intends to use the net proceeds to fund the development of Cobre Panama. With this closing, the Inmet Board has granted its approval to issue Full Notice to Proceed and start construction of Cobre Panama.

MONT-ST-HILAIRE, QUÉBEC, CANADA--(Marketwire - 18 mai 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Boss Power Corp. (TSX VENTURE:BPU) ("the Company") is pleased to announce that it is working collaboratively with the Province of British Columbia to finalize the closing of the settlement announced October 20^th, 2011 in the matter of the expropriation of the Blizzard Uranium Properties east of Kelowna. The material terms of the settlement include a payment to Boss Power Corp. of $30,000,000 plus taxable costs and disbursements in return for the surrender or transfer of the Blizzard Uranium Properties.

MONT-ST-HILAIRE, QUÉBEC, CANADA--(Marketwire - May 18, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - EurOmax Resources Ltd. (TSX VENTURE:EOX) (OTCQX:EOXFF) ("EurOmax" or the "Company") is pleased to announce that a technical report for the updated mineral resource estimate announced for its Ilovitza Cu-Au Porphyry Project on April 4, 2012 has been filed on SEDAR, in compliance with National Instrument 43-101. The technical report is available under the Company's profile on SEDAR (www.sedar.com) and can also be viewed on the Company's website at www.euromaxresources.com.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - McEwen Mining Inc. (NYSE:MUX)(TSX:MUX) announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr. Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview of the company's current development plans and outlook for the price of gold.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Palladon Ventures Ltd. ("Palladon" or the "Company") (TSX VENTURE:PLL) announces the following update from Dale Gilbert, CEO of CML Holdings Inc., as well as an update regarding the disposition of the Kings Canyon mining claims.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Lupaka Gold Corp. ("Lupaka Gold" or "the Company") (TSX:LPK) announces that it has resumed drilling on its 100% owned, 5500 ha Crucero Gold Project in southern Peru.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Huakan International Mining Inc. (TSX VENTURE:HK) (the "Company") has appointed Ms. Fiona Leung as Chief Financial Officer and Corporate Secretary to fill the vacancy created by the resignation of Mr. Yuandong (Jeffrey) Ren. The board of directors would like to extend their appreciation to Mr. Ren for his services to the Company over the past two years.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Zazu Metals Corporation (TSX:ZAZ) (Zazu) is pleased to announce the appointment of Robert F. Giustra to the Board of Directors.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - Nautilus Minerals (TSX:NUS)(OTCQX:NUSMF)(AIM:NUS) is to hold its Annual General Meeting in Toronto, Ontario, on Wednesday, June 20.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Pilot Gold (TSX:PLG) ("Pilot Gold" or "the Company") is pleased to report that it has received the final assay results from the 2011 drill program at its 40% owned TV Tower project in Turkey. Drilling completed over the last quarter of 2011 intersected high-grade mineralization across multiple targets, highlighting the size potential of this large gold-bearing system in northwestern Turkey, led by drill hole KCD-37 which intersected 61.61 g/t silver over 39.0 metres, including 96.03 g/t silver over 15.3 metres at the North Target.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2012) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. ("American Manganese" or the "Company") (TSX VENTURE:AMY)(PINKSHEETS:AMYZF)(FRANKFURT:2AM), is pleased to announce the addition of Jan Eigenhuis to the Board of Directors of the Company.

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - First Nickel Inc. ("First Nickel", "FNI" or the "Company") (TSX:FNI) is pleased to announce that it has entered into a US$10 million revolving credit facility with The Bank of Nova Scotia ("BNS facility") with an initial 2 year term. Funds from the BNS facility will be used to finance working capital requirements for the Lockerby mine and for general corporate purposes.

PERTH, WESTERN AUSTRALIA--(Marketwire - May 18, 2012) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) (Paladin or the Company) is pleased to advise that, as foreshadowed, its Kayelekera Mine resumed 100% operational status as Malawian employees ended industrial action allowing the Thursday night shift to start fully manned. The Company and Local Staff Association (LSA) signed a binding agreement to end the strike yesterday afternoon, facilitating a full return to work by all employees.

LONDON, ENGLAND and BAIE VERTE, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 18, 2012) - Rambler Metals and Mining plc (TSX VENTURE:RAB)(AIM:RMM) ('Rambler' or the 'Company') is pleased to announce that it has entered into a conditional subscription agreement (the 'Subscription Agreement') with Tinma International Ltd. ('Tinma'), a wholly-owned subsidiary of a China-based strategic investor and current holder of 15,618,980 ordinary shares representing approximately 11.55% of the issued share capital of the Company, to subscribe for 7,118,012 ordinary shares (the 'Subscription Shares') by way of a non-brokered private placement at a subscription price of Can$0.58 per ordinary share (approximately £0.36 per ordinary share) (the 'Subscription') for gross proceeds to the Company of Can$4.13 million (approximately £2.56 million).

DENVER, CO--(Marketwire - May 17, 2012) - Golden Star Resources Ltd. (NYSE MKT: GSS) (NYSE Amex: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced that it has entered into certain definitive agreements to purchase an aggregate of $74.5 million of the principal outstanding under its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012 (the "Original Debentures"), by way of privately negotiated transactions with certain holders of Original Debentures (the "Holders"). After purchasing and cancelling $74.5 million of Original Debentures, an aggregate of $50.5 million principal amount of Original Debentures will remain outstanding.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Northern Freegold Resources Ltd. (TSX VENTURE:NFR)(OTCQX:NFRGF)(FRANKFURT:8N6) ("Northern Freegold" or the "Company") is pleased to announce the appointment of Mr. Paul Reynolds as Vice President, Exploration of the Company (subject to regulatory approval).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - AQM Copper Inc. (TSX VENTURE:AQM)(BVL:AQM) ("AQM Copper" or the "Company") is pleased to announce that on May 17, 2012, the Company filed on SEDAR, the NI 43-101 compliant technical report in connection with the mineral resource estimate for the Zafranal Project, supporting the Company's press release of April 3, 2012. AQM continues to work on a Preliminary Economic Assessment for the Zafranal Project, to be completed later in 2012.

DENVER, CO--(Marketwire - May 17, 2012) - Golden Star Resources Ltd. (NYSE MKT: GSS) (NYSE Amex: GSS) (TSX: GSC) (GHANA: GSR) ("Golden Star" or the "Company") today announced its intention to exchange certain of its 4.00% Convertible Senior Unsecured Debentures due November 30, 2012 (the "Original Debentures") for new Convertible Senior Unsecured Debentures (the "New Debentures") via privately negotiated exchange agreements with certain holders of the Original Debentures.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Oremex Silver Inc. ("Oremex Silver" or the "Company") (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) announces that it has made an application to the TSX Venture Exchange ("TSX-V") to extend the expiry date of 2,347,326 outstanding common share purchase warrants of the Company (the "Warrants") from May 28, 2012 to May 28, 2013, with all other terms and conditions of the Warrants remaining the same. Each Warrant is exercisable to purchase one common share of the Company at a price of $0.16 per common share. The application is subject to the approval of the TSX-V.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) -

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ABBOTSFORD, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - SAMEX (TSX VENTURE:SXG)(OTCBB:SMXMF) is steadily advancing the exploration program at its Los Zorros property in Chile. Drilling since late March includes over 2,500 meters in 7 holes (two holes are currently in progress) and has variably encountered disseminated to massive sulphide mineralization including; pathfinder minerals, favourable sedimentary intervals and structurally controlled mineralization. Program highlights include:

MONTRÉAL, QUÉBEC--(Marketwire - 17 mai 2012) - Corporation Minière Osisko (la « Société » ou « Osisko ») (TSX:OSK)(FRANCFORT:EWX) a le plaisir d'annoncer le redémarrage de l'usine de traitement Canadian Malartic depuis 22 h mercredi soir. Le circuit de broyage est présentement en opération sur une base réduite en utilisant une ligne d'alimentation de contournement ainsi qu'avec trois des quatre unités de cyclones, deux des trois broyeurs à boulets et le broyeur semi-autogène. Le travail de réfection progresse sur l'unité de cyclone numéro 4 dont la remise en service, qui est prévue d'ici une semaine, permettra le redémarrage du troisième broyeur à boulets. Les concasseurs primaire et secondaire font présentement l'objet d'un entretien prévu au calendrier et devraient être remis en service samedi.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX:SVM)(NYSE:SVM) reported today its financial and operating results for the fourth quarter and fiscal year ended March 31, 2012. The following financial results are expressed in US dollars (US$) unless stated otherwise.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Tawsho Mining Inc. (TSX VENTURE:TAW) ("Tawsho" or the "Corporation") announces a non-brokered flow-through private placement offering to arm's-length and non-arm's-length parties (the "Offering"). It is anticipated that insiders of the Corporation may subscribe for as much as 75% of the Offering. Tawsho intends to issue up to 3,200,000 flow-through units at a price of $0.25 per unit, to raise gross proceeds of up to $800,000. Each flow-through unit will consist of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one non-flow-through common share of Tawsho at a price of $0.30 per share for a period of two years from the date of issuance.

CARSON CITY, NV--(Marketwire - May 17, 2012) - Siga Resources Inc (http://sigaresourcesinc.com) (OTCBB: SGAE)

VAL-D'OR, QUÉBEC--(Marketwire - May 17, 2012) - Uranium Valley Mines Ltd. (TSX VENTURE:VZZ) (hereinafter "Uranium Valley" or the "Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on May 16, 2012, in Montreal, Quebec. At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, and the approval of the previously adopted stock option incentive plan, as required annually by the policies of the TSX Venture Exchange.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Eskay Mining Corp. ("Eskay" or the "Company") (TSX VENTURE:ESK) is pleased to announce that further to its press release of April 17, 2012, the Company has completed the first tranche of its units offering.

VANCOUVER, COLOMBIE-BRITANNIQUE--(Marketwire - 17 mai 2012) - Aurizon (TSX:ARZ)(NYSE Amex:AZK) présente ses résultats financiers non vérifiés du premier trimestre 2012, qui ont été préparés à partir des renseignements disponibles au 9 mai 2012. Le rapport de gestion doit être lu conjointement avec les états financiers annuels les plus récents de la Société. Tous les montants sont exprimés en dollars canadiens, sauf indication contraire.

VAL-D'OR, QUÉBEC--(Marketwire - May 17, 2012) - Abitibi Royalties Inc. (TSX VENTURE:RZZ)(hereinafter "Abitibi Royalties" or the "Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on May 16, 2012, in Montreal, Quebec. At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, and the approval of the previously adopted stock option incentive plan, as required annually by the policies of the TSX Venture Exchange.

VAL-D'OR, QUÉBEC--(Marketwire - May 17, 2012) - Nunavik Nickel Mines Ltd. (TSX VENTURE:KZZ) (hereinafter "Nunavik Nickel" or the "Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on May 16, 2012, in Montreal, Quebec. At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, and the approval of the previously adopted stock option incentive plan, as required annually by the policies of the TSX Venture Exchange.

TORONTO, CANADA--(Marketwire - May 17, 2012) - BacTech Environmental Corporation ("BacTech" or the "Company"), (CNSX:BAC)(WKN:A1H4TY) announces that it has obtained approval from Corporación Minera de Bolivia, the state-owned mining company for Bolivia ("COMIBOL") and has begun sampling tailings from the Telamayu mill site in Bolivia.

At this stage there is no agreement in place between BacTech and COMIBOL but if the sampling results prove positive BacTech will endeavour to create a Joint Venture with COMIBOL or with a company familiar with doing business in Bolivia to reprocess the tails at Telamayu.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - TNR Gold Corp. (the "Company") (TSX VENTURE:TNR) has arranged to extend the $1-million bridge loan, from one of its current shareholders, from November 30, 2012 to July 1, 2013. The loan bears interest at 8 percent per year and is secured by a promissory note, general security agreement and deed of trust over the Company's mining claims located in Alaska.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Renforth Resources Inc. ("Renforth" or the "Company") (CNSX:RFR) announces that it has accepted Alpha Pang's resignation as a Director of the Company. The Board of Directors wishes to thank Mr. Pang for his contribution over the past several years.

ABOUT RENFORTH

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Quia Resources Inc. ("Quia" or the "Company") (TSX VENTURE:QIA) announced today the completion of the Phase 1 Drill Program at the Rueda South and River Zone targets and provided an exploration update.

MONTREAL, QUEBEC--(Marketwire - May 17, 2012) - Osisko Mining Corporation (the "Company" or "Osisko") (TSX:OSK)(FRANKFURT:EWX) is pleased to report that the Canadian Malartic mill has been returned to operational status as of 10 pm Wednesday evening. The grinding circuit is currently operating on a reduced basis using bypass feed with three of the four cyclone sets and two of three ball mills, as well as the SAG. Work is progressing on the repairs to the number 4 cyclone set, which is expected to be returned to operation within one weeks time. Recommissioning of the number 4 cyclone set will allow the third ball mill to be returned to operation. The primary and secondary crushers are undergoing scheduled maintenance and are expected to be returning to operation by Saturday.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - The Mining Suppliers Association of British Columbia (MSABC) welcomed Mike Ranallo, Vice President International Sales and Marketing for SMS Equipment Inc., as its new Chair at the MSABC Annual General Meeting held in Vancouver on May 15. "I would like to thank the association for having confidence in selecting me to this very important position," said Ranallo. "My plans are to continue to build upon the momentum that has taken us to the next level under the leadership and guidance of our outgoing Chair, Patty Moore," added Ranallo.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG) reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to identify thick intervals of high-grade silver-polymetallic mineralization at the Blind Zone deposit. A new zone of gold and copper mineralization has been identified in drill core at the South Skarn area located approximately 1.5 kilometres south east of the Blind zone.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - DIESE PRESSEMITTEILUNG ODER TEILE DAVON SIND NICHT FÜR DIE WEITERLEITUNG AN US-AMERIKANISCHE NACHRICHTENAGENTUREN ODER DIE DIREKTE ODER INDIREKTE VERÖFFENTLICHUNG, VERBREITUNG ODER VERTEILUNG IN DEN USA BESTIMMT.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) -

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Pacific Gold Corp. (OTCQB:PCFG)(PINKSHEETS:PCFG).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Esperanza Resources Corp. (TSX VENTURE:EPZ)(PINKSHEETS:ESPZF) ("Esperanza" or the "Company) is pleased to announce the addition to the Company's management team of Mr. Daniel O'Flaherty as Executive Vice President, Corporate Development, Mr. Johannes J. Miller as Vice President, Operations and Ms. Kylie Dickson as Chief Financial Officer.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Corvus Gold Inc. ("Corvus" or the "Company") - (TSX:KOR)(OTCQX:CORVF) is pleased to announce the closing of its non-brokered private placement (the "Offering") announced on April 17, 2012 and increased on May 2, 2012.

CALGARY, ALBERTA--(Marketwire - May 17, 2012) - Manson Creek Resources Ltd. ('Manson Creek') (TSX VENTURE:MCK) announces that it has completed a non-brokered private placement for 1,400,000 Common Units at a price of $0.05 per Common Unit and 600,000 Flow Through Units at a price of $0.06 per Flow Through Unit for gross proceeds of $106,000.

The funds raised will finance fieldwork on the Company's two exploration projects, the Tell project in the Yukon and the Up Town Gold project in the Northwest Territories, moving them forward in a methodical and measured manner, as well as for working capital.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Oceanic Iron Ore Corp. (the "Company") (TSX VENTURE:FEO)(OTCQX:FEOVF) is pleased to announce that it has filed a National Instrument 43-101 Technical Report on the mineral resource estimate update in respect of the Company's Hopes Advance project, in Ungava Bay, Québec.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Revolver Resources Inc. (the "Company") (TSX VENTURE:RZ) is pleased to announce that is has received final TSX Venture Exchange approval to the Company's option agreement dated February 21^st, 2012 as amended by letter agreement dated May 9, 2012 with North American Exploration Ltd. to acquire a 100% interest in the Lucky North property consisting of 39 claims, the Lucky South property consisting of 48 claims and the Macho property consisting of 8 claims, all located in the Abitibi greenstone belt in the province of Quebec.

WHITE ROCK, BRITISH COLUMBIA--(Marketwire - May 17, 2012) -

SAGUENAY, QUEBEC--(Marketwire - 17 mai 2012) - Ressources d'Arianne («Arianne»)(TSX CROISSANCE:DAN)(FRANCFORT:JE9N)(OTCBB:DRRSF) annonce que son conseil d'administration a adopté le 10 mai 2012 une résolution visant à reconduire son Régime de Droits des Actionnaires (le « Régime ») initialement adopté le 13 janvier 2009. Ce Régime fera l'objet d'un vote des actionnaires à l'assemblée annuelle des actionnaires du 19 juin 2012. Le Régime vise à promouvoir un traitement équitable des actionnaires advenant qu'une offre publique d'achat soit présentée à l'égard d'Arianne et donnera plus de temps au conseil d'administration de la société (le « conseil ») et aux actionnaires d'Arianne pour étudier toute offre publique d'achat non sollicitée à l'égard d'Arianne. Le Régime est conçu de manière à décourager les offres publiques d'achat coercitives ou inéquitables et il donne plus de temps au conseil pour rechercher d'autres solutions afin de maximiser la valeur pour les actionnaires, le cas échéant, dans l'éventualité d'une offre publique d'achat non sollicitée.

SAGUENAY, QUEBEC--(Marketwire - May 17, 2012) - The management of Arianne Resources Inc. ("Arianne" or the "Company")(TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) announces that its Board of Directors has adopted as of May 10, 2012 a resolution to renew the Corporation's Shareholder Rights Plan (the "Plan") as initially adopted on January 13^th, 2009. Renewal of the Plan will be submitted for voting at the next Annual shareholders meeting on June 19, 2012. The Plan encourages fair treatment of shareholders should a take-over bid be made for Arianne, and will provide the Board of Directors of Arianne (the "Board") and the Shareholders more time to consider an unsolicited take-over bid for Arianne. The Plan is intended to discourage coercive or unfair take-over bids and gives the Board time to pursue alternatives to maximize Shareholder's value, if appropriate, in the event of an unsolicited take-over bid.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) -

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - A well-funded and under-valued early-stage gold and nickel-cobalt-PGE mining company based in Vancouver "is sitting on properties in two of Canada's most prolific mining districts, with an excellent Phase 1 drilling result and an Nl 43-01 compliant gold resource for at least one of the two properties" says Toronto based Ubika Research, who is featuring the miner under its popular feature "Junior Resource Stock Watchlist" on its high-traffic Smallcappower.com website and the feature report is available at: http://www.smallcappower.com/junior-resource-stocks/junior-resources-of-the-week.aspx

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Canadian Orebodies Inc. (TSX VENTURE:CO) is a junior natural resource exploration and development company with its flagship Haig Inlet iron ore project located on the Belcher Islands in Hudson Bay in Nunavut, Canada.

MONTRÉAL, QUÉBEC--(Marketwire - May 17, 2012) - Afri-Can Marine Minerals Corporation ("Afri-Can") (TSX VENTURE:AFA) completed its geophysical survey on Exclusive Prospecting Licence ("EPL") 3403 marine diamond concession in Namibia on May 14th, 2012.

MONTRÉAL, QUÉBEC--(Marketwire - May 17, 2012) - AMEX Exploration Ltd. (TSX VENTURE:AMX) ("Amex") would like to inform its shareholders that drill campaign at the "Chivas property" is well underway and that three holes have now been completed. The initial drill program experienced some delays due to the technical difficulties encountered by the previous drilling contractor. Therefore a second drill company was contracted and the drilling campaigned is now executed by internationally known Major Drilling. Samples of these three first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and the results should be available in the following weeks.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Arrowhead Gold Corp. ("AWH") (TSX VENTURE:AWH) Arrowhead is pleased to announce that after a review of previous drilling completed on the Gateau property in 2008, it has been determined that drill hole GAT-08-01 intersected 48 metres of coarse-grained graphite mineralization from 57 to 105 m. The graphite horizon is within a basalt unit just below a contact with a quartzite unit. An airborne survey completed over the property in 2011 outlined an electromagnetic conductor approximately 7.5 km long in an east to west direction. This conductor is coincident with and appears to be caused by the graphite horizon. Up to five other conductive horizons were identified by the airborne survey and may also be related to graphite mineralization. The drilling was done to test a uranium target so no analytical work to measure the carbon content of the graphite was completed. The drill core is still on site at the property.

VAL D'OR, QUEBEC--(Marketwire - May 17, 2012) - Hinterland Metals Inc. (TSX VENTURE:HMI) announces the results of a drill program completed in March 2012 on the Lac Fecteau property located 120 kilometres southwest of Chibougamau, Quebec. The property is in the Barry-Urban Greenstone Belt approximately 20km east of Eagle Hill's Windfall Lake Project and 30km northeast of Metanor Resources' Barry open pit gold mine. A total of 1,248m of NQ diameter drilling was done in eight holes to test a number of resistivity/chargeability anomalies found in the nose of an east to southeast plunging fold. All gold-bearing intervals intersected by the drilling are listed as follows:

BLAINE, WASHINGTON--(Marketwire - May 17, 2012) -

HALIFAX, NOVA SCOTIA--(Marketwire - May 17, 2012) - Erdene Resource Development Corp. ("Erdene" or "Company") (TSX:ERD), today provided an update on the Company's principal projects in conjunction with the release of its first quarter 2012 financial results.

CALGARY, ALBERTA--(Marketwire - May 17, 2012) - Antioquia Gold Inc. ("Antioquia Gold" or "the Company") (TSX VENTURE:AGD)(OTCQX:AGDXF) is pleased to announce that it has closed its previously announced non-brokered Private Placement for aggregate gross proceeds of $2,365,800 (the "Placement") via the issuance of 23,658,000 units (each a "Unit") at a price of $0.10 per Unit. Each Unit consists of one common share and one-half of one common share purchase warrant exercisable at $0.20 for a period of six months from the date of issuance.

ROUYN-NORANDA, QUEBEC--(Marketwire - May 17, 2012) - Pershimco Resources Inc. (the "Corporation" or "Pershimco") (TSX VENTURE:PRO) (FRANKFURT:BIZ) announces that it will postpone the planned update on the mineral resources and geophysics survey conducted on Cerro Quema, Panama, covering 17 km and 100 % owned by Pershimco. The WebCast, scheduled on May 18, 2012 at 11.00 am Eastern Time -08.00 am Pacific Time, will be taking place in order to explain the nature of the delay on the mineral resources calculation.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - WestKam Gold Corp. (TSX VENTURE:WKG) announced today that is has appointed Mr. Robert (Bob) Lane, MSc, P.Geo as the company's Qualified Person (QP) under National Instrument 43-101. Mr. Lane brings 22 years of experience to WestKam Golds' exploration team.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Colonial Coal International Corp. (TSX VENTURE:CAD) (the "Company" or "Colonial") is pleased to provide the following corporate update.

Colonial is continuing to mobilize for its planned 2012 drill programs on each of its 100% owned Huguenot and Flatbed metallurgical coal properties located in northeast British Columbia.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - EurOmax Resources Ltd. (TSX VENTURE:EOX) (OTCQX:EOXFF) ("EurOmax" or the "Company") is pleased to announce it has begun its 2012 diamond drill campaign at two of its 100% controlled projects, the KMC Cu-Au Project in Serbia and the Ilovitza Cu-Au Porphyry Project in Macedonia.

SCOTTSDALE, AZ--(Marketwire - May 17, 2012) - Lithium Exploration Group (OTCBB: LEXG) (OTCQB: LEXG) announces key additions to the management team: COO Alex Koretsky and CFO Bryan Kleinlein. Koretsky has a degree in Business Administration from the University of Southern California and was previously the Director of Investor Relations and a member of the Board of Directors for TCS Bank (Russia) where he spearheaded a campaign to raise over $200 million in capital for the bank. Koretsky's role will be to advance the strategic planning begun by CEO Alex Walsh and to manage all outside studies being produced to support the company's future plans. Kleinlein has an undergraduate degree in Finance from Illinois State University and an MBA in International Management from Thunderbird School of Global Management. Kleinlein was previously the Director of International Finance and Treasury with FreeLife International where he provided management and guidance on all financial operations and strategic matters for the company. He will coordinate all quarterly and annual financial statements for the company along with developing financial models to support the business plan moving forward.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Gabriel Resources Ltd. ("Gabriel" or the "Company") (TSX:GBU) is pleased to report that a written judgment released today in respect of a recent ruling of the Alba Iulia Court of Appeal ("AICA") has confirmed that the urbanism plans currently in place for the Rosia Montana Project ("Project") remain legal and valid and have been since their approval in 2002.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) ("Geodex") announces that it has received an updated mineral resource estimate for the Sisson Tungsten-Molybdenum Project, located in central New Brunswick, Canada, from Northcliff Resources Ltd. ("Northcliff"), its Sisson joint venture partner and the operator of the Sisson Project. The estimate incorporates results from the 2011 drill program and will form the basis for Northcliff's Feasibility Study of the Sisson Project, due for completion in Q3 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Excelsior Mining Corp. (TSX VENTURE:MIN)(OTCQX:EXMGF)(FRANKFURT:3XS) ("Excelsior" or "the Company") is pleased to provide an update on its on-going 2012 drilling program at the Gunnison Copper Project, located in southern Arizona. The program is designed to acquire geological, metallurgical and hydrological data with the aim of completing a Pre-Feasibility Study on Gunnison by the end of 2012.

LONDON, ONTARIO--(Marketwire - May 17, 2012) - Montana Gold Mining Company Inc. ("MGM" or the "Company") (CNSX:MGM) has filed on SEDAR an NI 43-101 compliant technical report on the Company's 100% owned Golden Trail Project located in Elko County, Nevada. The report is authored by Richard C. Capps, PhD, RPG, SME Registered Geologist.

MONTRÉAL, QUÉBEC--(Marketwire - 17 mai 2012) - Ressources Géoméga Inc. (« GéoMégA ») (TSX CROISSANCE:GMA) annonce les résultats métallurgiques préliminaires obtenus dans la conception du schéma des procédés pour son projet de Terres Rares/Niobium Montviel situé à proximité de Lebel-sur-Quévillon, Québec.

MONTREAL, QUEBEC--(Marketwire - May 17, 2012) - Geomega Resources Inc. ("GéoMégA") (TSX VENTURE:GMA) announces preliminary results obtained in the conception of the processing flow sheet for its Montviel Rare Earths/Niobium project located near Lebel-sur-Quévillon, Québec.

DALLAS, TX--(Marketwire - May 17, 2012) - Southridge Enterprises Inc. (PINKSHEETS: SRGE) ("Southridge" or the "Company") is pleased to announce the initial assay results from Trench #7 at Los Compadres (LC). The Company has been actively conducting a trenching and sampling program at their Los Compadres property at Santa Maria del Oro, in Nayarit, Mexico.

MONTRÉAL, QUÉBEC--(Marketwire - May 17, 2012) - BOWMORE Exploration Ltd. (TSX VENTURE:BOW) (FRANKFURT:0B5) ("Bowmore") would like to inform its shareholders that the drill campaign at the "Chivas property" is well underway and that three holes have now been completed. The initial drill program experienced some delays due to technical difficulties encountered by the previous drilling contractor. Therefore a second drill company "Major Drilling Group International Inc." was contracted to complete the campaign. Samples of the first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and results should be available in the following weeks.

TORONTO, ONTARIO--(Marketwire - May 17, 2012) - Mustang Minerals Corp, (TSX VENTURE:MUM)(FRANKFURT:NJF) ("Mustang" or the "Company") today announced an update on its drilling activities at the Mayville Property in southeast Manitoba approximately 2 hours northeast of Winnipeg. Recent drilling below the Mayville M2 Zone has produced further encouraging indications with 8 of 9 drill holes encountering a zone of disseminated sulphide mineralization similar to that previously intersected at the M2 Zone. A total of 8,052 meters in 31 holes were completed in the drill program designed to test extensions to the M2 Zone, the PGM Zone and other exploration targets at Mayville.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Eastern Platinum Limited (TSX:ELR)(AIM:ELR)(JSE:EPS) ("Eastplats") is please to update the Reserve statement for the Crocodile River Mine located near Brits in Northwest Province, South Africa. The updated Reserve reflects depletion and development work subsequent to the Reserves published in our NI 43-101 compliant Technical report which was published on SEDAR on 20 December 2010. The updated Reserve is current to 31 December 2011. The following factors apply:

CALGARY, ALBERTA--(Marketwire - May 17, 2012) - Geomark Exploration Ltd. (TSX VENTURE:GME) is pleased to announce that it has concluded a deal to acquire a 100% interest in the Kings Canyon gold property in the southwest corner of Utah. The transaction is a two part deal as follows:

EAST HANOVER, NJ--(Marketwire - May 17, 2012) - Unity Management Group (PINKSHEETS: UYMG), a business resource and service company, today announced that its recently acquired subsidiary, On Track Technologies Solutions Inc., has acquired, and completed building, more than $500,000.00 worth of work over rigs, heavy equipment, service equipment and trade tools.

ROUYN-NORANDA, QUÉBEC--(Marketwire - May 17, 2012) - Radisson Mining Resources Inc. (TSX VENTURE:RDS) today announced that it is dismantling some obsolete facilities at the former O'Brien mine site.

ROUYN-NORANDA, QUÉBEC--(Marketwire - 17 mai 2012) - Ressources minières Radisson inc. (TSX CROISSANCE:RDS) annonce qu'elle procède au démantèlement de certaines infrastructures désuètes de l'ancien site minier O'Brien.

STANLEY, ND--(Marketwire - May 17, 2012) - Luminart Corp. (PINKSHEETS: LUMP) announced the finalization of approved vendor status with Thomas Tools for its new division, OutWest Field Services LLC. OutWest will specialize in the storage and hauling of pipe, moving of miscellaneous heavy equipment, and supplying crane operations and qualified riggers for the oil industry in North Dakota. As an approved vendor for Thomas Tools, OutWest will provide pipe hauling services at $125.00 per hr. and crane services at $400.00 per hr. for an estimated $150,000.00 per month in revenue to start. Other services, which are still under negotiation and pending due diligence by parties involved, could more than double the monthly revenue for OutWest in a matter of a few months.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Southern Arc Minerals (TSX VENTURE:SA)(OTCQX:SOACF) ("Southern Arc" or "the Company") is pleased to announce that the Company has acquired an additional 5% interest in both its West Lombok and West Sumbawa (Taliwang) projects in Indonesia, increasing its ownership in both projects to 90% with the remainder held by the local Regency Governments. In addition, Southern Arc has concluded negotiations with the Regency of West Sumbawa and has entered into a Cooperation Agreement that has been signed by the West Sumbawa Regent on behalf of that local government.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Blue Gold Mining Inc. (TSX VENTURE:BGX) is pleased to announce that it has entered into a non-binding letter of intent with Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget") whereby it has the option to earn up to a 65% interest in three porphyry targets (collectively referred to as "the Project") within Paget's Ball Creek Project, located in British Columbia's Golden Triangle region. The Project includes the Rainbow gold porphyry target, the Main gold-copper porphyry target, and the Cliff copper-gold porphyry target.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Larry W. Reaugh, President and Chief Executive Officer of American Manganese Inc. (TSX VENTURE:AMY)(PINKSHEETS:AMYZF)(FRANKFURT:2AM) ("American Manganese" or the "Company") announces the receipt of the financial model results from the preliminary feasibility study (the Report), prepared by Tetra Tech Wardrop (Tetra Tech), for its 100% owned Artillery Peak Manganese Project (Mohave County, Arizona). The complete NI 43-101 compliant Technical Report will be filed with the regulators on SEDAR within 45 days of this news release.

PERTH, WESTERN AUSTRALIA--(Marketwire - May 17, 2012) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) advises that discussions with the Local Staff Association (LSA) and government officials on an agreed return to work by striking Malawi employees at the Kayelekera Mine continued through Wednesday, 16 May.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Eurasian Minerals Inc. (TSX VENTURE:EMX)(NYSE Amex:EMXX) (the "Company" or "EMX") today announced the results for the first quarter ended March 31, 2012. Details of the Company's financial results are described in the consolidated financial statements and Management's Discussion and Analysis ("MD&A"), which are available on SEDAR at www.sedar.com and on the U.S. Securities and Exchange Commission's website at www.sec.gov. Financial results are prepared in accordance with International Financial Reporting Standards, as issued by the International Accounting Standards Board, and are expressed in Canadian dollars unless otherwise stated.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Paget Minerals Corp. (TSX VENTURE:PGS) ("Paget" or the "Company") and Blue Gold Mining Inc. (TSX VENTURE:BGX) ("Blue Gold") are pleased to announce that they have entered into a non-binding letter of intent whereby Blue Gold has the option to earn up to a 65% interest in three porphyry targets (collectively referred to as "the Project") within Paget's 100%-owned Ball Creek Project located in British Columbia's Golden Triangle region. The Project includes the Rainbow gold porphyry target, the Main gold-copper porphyry target, and the Cliff copper-gold porphyry target, of which Rainbow and Main have had some preliminary drilling by Paget.

CORDOBA, ARGENTINA--(Marketwire - May 17, 2012) - Researched by Industrial Info Research Latin America (Córdoba, Argentina) -- Minera AQM Copper Peru SAC (Lima, Peru), the joint venture between AQM Copper Incorporated (TSV:AQM) (Vancouver, British Columbia) and Teck Resources Limited (NYSE:TCK) (Vancouver) is working on the preliminary economic assessment for its Zafranal mining project, which is 90 kilometers northwest of Arequipa, in southern Peru. The $1.11 billion project consists of a high-grade copper and gold porphyry operation with significant development potential.

LONDON, UNITED KINGDOM--(Marketwire - May 17, 2012) - Alexander Mining plc ('Alexander' or the 'Company') (TSX VENTURE:AXD)(AIM:AXM) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2012) - Astur Gold Corp. (TSX VENTURE:AST)(FRANKFURT:CDC) ("Astur Gold" or the "Company") announces the submission of the Environmental Impact Assessment ("EIA") to the General Directorate of Mines of the Principality of Asturias.

This application addresses all aspects requested by the General Directorate of Environmental of the Principality of Asturias following the period of consultation with both local and regional administrations, NGOs, and other parties. The EIA is the result of extensive field and office work of Astur Gold's technical team in coordination with CONGEO, the local company specializing in Environmental consulting, and the contribution of local entities including Biosfera, Acusmed, Novotec, Universidad de Oviedo, Seinco, Terratec, Vaciero and Huso Mediciones.

KIRKLAND LAKE, ONTARIO--(Marketwire - May 17, 2012) - Kirkland Lake Gold Inc., ('Kirkland Lake' or the 'Company') (TSX:KGI)(AIM:KGI), an operating and exploration gold mining company located in Ontario, Canada, announces its full year fiscal 2012 gold production results for the year ended April 30, 2012. The Company's fiscal year 2013 began on May 1, 2012.

LIMA, PERU--(Marketwire - May 16, 2012) - Desafio Minero S.A.C. ("Desafio") announced that on May 15, 2012, Desafio completed a subscription for 19,500,000 units ("Units"), each comprised of one common share ("Common Share") of Antioquia Gold Inc. ("Antioquia") (TSX VENTURE:AGD) and one-half of one common share purchase warrant (a "Warrant") at a price per Unit of $0.10 (the "Private Placement"). Each whole Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.20 at any time until the date that is 6 months from the date of the issuance of the Units. Fasken Martineau DuMoulin LLP acted as legal advisor, to Desafio in connection with the Private Placement.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - George Sanders, President of Goldcliff Resource Corporation (TSX VENTURE:GCN), reports that Goldcliff has acquired the Goldrop claims and, consequently, the Goldrop copper-silver-gold-lead-zinc showing. The claims adjoin Goldcliff's 26,333 hectare Tulameen Project, the company's 100 per-cent owned holdings in the Copper Mountain district near Princeton, British Columbia, Canada.

TORONTO--(Marketwire - May 16, 2012) - Noble Mineral Exploration Inc. (the "Company") (TSX VENTURE: NOB), (FRANKFURT: NB7), (PINKSHEETS: NLPXF) is pleased to announce that it has closed the second tranche of a private placement of its common shares ("Common Shares") previously announced in its press releases of April 16, 2012 and April 19, 2012. The Company has raised gross proceeds of $383,000 in this second tranche closing through the sale of a total of 3,830,000 Common Shares at a price of $0.10 per share.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Mannix Resources Inc. ("Mannix" or the "Company") announces that as result of a review by the British Columbia Securities Commission, we are issuing the following press release to clarify our disclosure.

The Company made applications to both the British Columbia Securities Commission (BCSC) and the Alberta Securities Commission (ASC) to revoke the Cease Trade Orders (CTO) issued against the Company. In connection with the application, the BCSC reviewed the Company's December 31, 2011 interim quarterly filings on SEDAR and requested the Company amend and restate certain information in the Management Discussion and Analysis (MD&A) for the interim period ended December 31, 2011.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - In response to enquiries, Lumina Copper Corp. (TSX VENTURE:LCC) (the "Company" or "Lumina") announces that the Company is unaware of any specific reason, other than general market conditions, for the recent significant decline in the Company's share price. In particular, there have been no corporate developments or events to support the decline.

VANCOUVER, COLOMBIE-BRITANNIQUE--(Marketwire - 15 mai 2012) - Mines Aurizon ltée (TSX:ARZ)(NYSE Amex:AZK) a le plaisir d'annoncer des résultats supplémentaires issus du programme de forage de 2011-2012 dans la zone 123 à sa mine Casa Berardi, située au nord-ouest du Québec.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Avion Gold Corporation (TSX:AVR)(OTCQX:AVGCF) ("Avion" or the "Company") announces that the annual meeting (the "Meeting") of holders of common shares (the "Shareholders") of the Company scheduled to be held at 10:00 a.m. (Toronto time) on Thursday, May 17, 2012 has been cancelled and will be re-scheduled.

WATERDOWN, ONTARIO--(Marketwire - May 16, 2012) - Regulus Resources Inc. ("Regulus") (TSX VENTURE:REG) and Pachamama Resources Ltd. ("Pachamama") (TSX VENTURE:PMA) are pleased to announce the successful completion of the strategic merger of the two companies pursuant to the previously announced plan of arrangement (the "Arrangement"). Regulus and Pachamama each own a 50% interest in the Rio Grande copper-gold porphyry project in Salta Province, Argentina.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Melior Resources Inc. (TSX VENTURE:MLR) ("Melior", the "Corporation") announced today that its Board of Directors has commenced a review of strategic alternatives with the objective of enhancing shareholder value. A special committee of Melior's Board of Directors has been established to oversee such review. There can be no assurance that the strategic review will result in the consummation of any agreement or transaction.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Ivernia Inc. (TSX:IVW) ("Ivernia" or the "Company") is pleased to announce that three new directors have been nominated to the board of directors (the "Board") for election at the June 13, 2012 annual meeting of shareholders ("2012 AGM"). Messrs. Michael Agnew, David Ming Qi and Peter Robson are three new non-executive nominees being proposed for election to the Board at the 2012 AGM, being independent directors within the meaning of National Instrument 58- 101 of the Canadian Securities Administrators. Messrs. Peter Cassidy, Kenneth Sangster, Gerald Shefsky and Chen Zhi are current directors that will not seek re-election to the Board at the 2012 AGM and, as a result, the Board will decrease from nine to eight members.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Rogue Iron Ore Corp. (TSX VENTURE:RRS) ("Rogue", the "Company") is pleased to announce that it has completed its first drill program on its Radio Hill Iron Ore Project. The drill program commenced in 2011 and comprised 10,500 metres and is expected to be sufficient to provide a resource estimate on the Radio Hill Iron Formation.

BRIDGEWATER, NOVA SCOTIA, CANADA--(Marketwire - May 16, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Regal Resources Inc. (the "Company" or "Regal") (CNSX:RGR) announces that it has re-priced the previously announced (April 5, 2012) non-brokered private placement. The Company will now conduct a non-brokered private placement of up to 5,000,000 units of the Company (the "Units") at a price of $0.10 per Unit for aggregate proceeds of up to $500,000 CDN. Each Unit will consist of one common share in the capital of the Company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of the Company at a per share price of $0.20 for a period of one year from the date of closing of the offering, subject to accelerated expiry in certain circumstances.

FORT LAUDERDALE, FLORIDA--(Marketwire - May 16, 2012) - Gemini Explorations, Inc. ('Gemini') (PINKSHEETS:GMXS) is pleased to announce that it has commenced negotiations with adjacent concession owners to expand its land holdings at the La Tapada gold project. Minera Primecap Geologic Services ("MPGS") is working with Gemini to assist in these negotiations. MPGS is headquartered in Medellin, Colombia providing complete geological and consulting services to domestic and international mineral exploration companies. The La Tapada gold project is a producing gold mine in Colombia's El Bagre-Zargoza mining district in the Department of Antioquia. Existing registrations for La Tapada at the Colombian Mining Department show average grades of 15-20 g/tonne of gold and bonanza grades of up to 250 g/tonne being produced using antiquated artisanal mining techniques. MPGS geologists have identified additional zones within the concession mineralized with gold, silver and other base metals.

TORONTO, CANADA--(Marketwire - May 16, 2012) - Inmet Mining Corporation (Inmet) (TSX:IMN) has joined the International Council on Mining and Metals (ICMM), a leading international organization focused on improving sustainable development performance in the mining and metals industry. Membership was approved following a comprehensive review of our Corporate Responsibility commitments, systems and performance.

NEW YORK, NY--(Marketwire - May 16, 2012) - China Carbon Graphite Group, Inc. (OTCBB: CHGI) ("China Carbon" or the "Company"), the largest wholesale supplier of fine-grain and high-purity graphite in China and one of the nation's top manufacturers of carbon and graphite products, today announced its financial results for the first quarter ended March 31, 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - El Tigre Silver Corp. (the "Company" or "El Tigre") (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to provide a progress report along with the first assays from the ongoing Gold Hill core drilling program at its 100% owned El Tigre silver project in Sonora, Mexico.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - VMS Ventures Inc. (TSX VENTURE:VMS) ("VMS") is pleased to announce the Prefeasibility Study of the Reed Lake polymetallic deposit near Snow Lake, Manitoba with Joint Venture partner Hudbay Minerals Inc. (TSX:HBM)(NYSE:HBM) is available for viewing on www.sedar.com.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) -

Editors Note: There are two photos associated with this press release.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Cadan Resources Corporation (TSX VENTURE:CXD)(FRANKFURT:AOMZ25) announces that the British Columbia Securities Commission ("BCSC") has selected the Company for a technical disclosure review for the purpose of assessing the Company's compliance with the technical disclosure requirements of National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). As a result of the review by the BCSC, the Company received comments from the BCSC identifying certain disclosure and filing issues with respect to the Company's technical disclosure.

EAST RUTHERFORD, NJ--(Marketwire - May 16, 2012) - The Alpine Group, Inc. ("Alpine") (PINKSHEETS: APNI) today posted its quarterly financial statements for the three months ended March 31, 2012 to its Website (www.alpine-group.net).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Mesa Exploration Corp. (TSX VENTURE:MSA)(PINKSHEETS:MSAJF) announces support from the Utah Congressional delegation for the 100% owned Bounty Potash Project in western Utah. U.S. Senators Orrin Hatch and Mike Lee as well as U.S. Congressman Rob Bishop have expressed support to the Bureau of Land Management for the development of the project by Mesa. The delegation described how advancing the project would reduce dependence on foreign producers, help the economy of the region, provide economic development, jobs and State and Federal royalty payments.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Arco Resources Corp. (TSX VENTURE:ARR) ("Arco" or the "Company") is pleased to announce that Micon International Ltd. ("Micon") has completed an independent technical report under National Instrument 43-101 that includes a mineral resource estimate on the Company's 100%-owned Taviche property located near Oaxaca City, Mexico. The Inferred Mineral Resource estimate is 160,000 tonnes grading 197.8 g/t Silver (Ag) and 0.85 g/t Gold (Au), at a 100 g/t Silver Equivalent (AgEq) cut-off. This equates to 1,017,000 ounces of silver and 4,400 ounces of gold at a 100 g/t AgEq cut-off. This is the first mineral resource estimate ever on the Taviche Property. The report has now been filed on SEDAR and recommends a two-phase property-wide exploration program with a budget of $556,000.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Tawsho Mining Inc. (TSX VENTURE:TAW) ("Company" or "Tawsho") announces today the following drilling update on its three properties.

VAL-D'OR, QUÉBEC, CANADA--(Marketwire - 16 mai 2012) - Ressources Métanor inc, (« Métanor ») (TSX CROISSANCE:MTO) est heureuse de publier une mise à jour relativement à ses travaux de forage au diamant réalisés au projet du lac Bachelor.

Métanor poursuit le forage souterrain des veines « Principale » et « B », à partir du niveau 15 de la mine Lac Bachelor. À ce jour, 20 sondages totalisant 6 370 mètres de forages ont été complétés. Ces sondages visent essentiellement à augmenter la ressource en ciblant les extensions connues des veines « Principale » et « B » entre les niveaux 14 et 15.

VAL-D'OR, QUEBEC, CANADA--(Marketwire - May 16, 2012) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) is pleased to provide a new update of its exploration work at the Bachelor project.

Metanor continues underground drilling of the "Main" and "B", veins from the level 15 of the Bachelor Lake mine. To date, 20 holes totaling 6,370 meters of drilling were completed. These drill holes targeted areas to further increase the resource aiming at known extensions of the "Main" veins and "B" between the 14th and 15th levels.

CALGARY, ALBERTA--(Marketwire - May 16, 2012) - Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce results for three holes (PX006, PX013 and PX014) of the Stage 2 drilling programme at the Songwe project in Malawi. The results for a further 22 drill holes from the Stage 2 drilling will be announced as the analyses become available.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Redstar Gold Corp. (TSX VENTURE:RGC) is pleased to provide an update on exploration plans for 2012. Activities will include additional drilling along the high-grade mineralized trend at the Newman Todd project at Red Lake, Ontario. Multiple targets are planned for drill testing at the Unga project in Alaska, including the high-grade Shumagin vein system and the Zachary Bay porphyry Cu-Au system. In Nevada, drilling is expected at the Baker project, with exploration carried out by Newmont Mining, as well as at the Root Spring and Cooks Creek projects.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Brionor Resources Inc. ("Brionor" or the "Company") (TSX VENTURE:BNR) is pleased to announce that it has entered into an agreement ( the "Transaction") to sell twenty-four contiguous mineral claims (known as the "Pitt Gold Project") to Xmet Inc. ("Xmet" ) (TSX VENTURE:XME). The Pitt Gold Project is immediately adjacent to Xmet's flagship Duquesne-Ottoman Project in Quebec. This Transaction allows for the consolidation of significant NI 43-101 compliant resource ounces within the highly prospective Duparquet mining camp that lies within the historically prolific Porcupine Destor Break, in the Abitibi Greenstone Belt.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - CaNickel Mining Ltd. ("CaNickel" or the "Company") (TSX:CML) reports that the Company has received a stop work order from Manitoba's Workplace Safety and Health Division to cease blasting operations at the Company's Bucko Lake nickel mine. The stop work order will be in effect until all known open voids have been backfilled, an independent engineer has reviewed the current mining plan and audited mining operations over the past 12 months according to that mining plan, and the Company revises the current mining plan in light of the audit and review.

LONGUEUIL, CANADA--(Marketwire - May 16, 2012) - Reunion Gold Corporation (TSX VENTURE:RGD) ("Reunion or the "Company") is pleased to provide an update on its exploration activities at the Matthews Ridge manganese project in Guyana, South America.

The Company has completed a total of 38,302 meters of diamond drilling in 581 holes and 17,361 meters of reverse circulation drilling in 283 shallow holes. There are currently four diamond drill rigs working at the project.

QUÉBEC, QUÉBEC--(Marketwire - 16 mai 2012) - Ressources Robex Inc. (TSX CROISSANCE:RBX)(FRANCFORT:RB4) est heureuse de confirmer que les travaux de construction de la mine à Nampala avancent bien et que plusieurs étapes importantes ont été franchies dans les derniers mois.

QUEBEC CITY, QUEBEC--(Marketwire - May 16, 2012) - Robex Resources Inc. (TSX VENTURE:RBX)(FRANKFURT:RB4) is pleased to confirm that construction work at the Nampala mine is progressing well and that a number of key steps have been completed in recent months.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Uranium North Resource Corp. ("Uranium North" or the "Company") (TSX VENTURE:UNR) announces that it has identified significant amounts of graphite on its 100% owned Amer Lake Property in Nunavut. Multiple graphite bearing beds ranging from 15 to 25 metres thick have yielded up to 4.13% graphite.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Orestone Mining Corp. (TSX VENTURE:ORS) -

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Latin American Minerals Inc. (TSX VENTURE:LAT)(OTCQX:LATNF) (the "Company") announces a second drill campaign at the Tacurú gold target on the Company's 100%-owned X-Mile Trend property. This prospect is part of the Company's Paso Yobai Gold Project, located 160 km east of Asuncion in Paraguay. The company also announces the commencement of a second operating shift at the Independencia Mine pilot plant, which also forms part of the Paso Yobai Gold Project.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) ("Petaquilla" or the "Company") is pleased to announce that its subsidiary, Petaquilla Gold, S.A., in a formal press conference held in Panama City, Panama, paid royalties for the second half of calendar year 2011 to the Panamanian Government and to the Municipality of Donoso.

TORONTO, ONTARIO--(Marketwire - 16 mai 2012) - Xmet Inc. (« Xmet » ou la « Société ») (TSX CROISSANCE:XME)(OTCQX:XMTTF) a le plaisir d'annoncer la signature d'une entente d'acquisition avec Ressources Brionor inc. (« Brionor ») dans le but d'acquérir vingt-quatre claims miniers contigus auprès de Brionor (connus sous le nom du « Projet aurifère Pitt »); ces claims étant immédiatement adjacents au projet phare de Xmet, le projet Duquesne-Ottoman dans la province de Québec (la « Transaction ») (figure 1).

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME)(OTCQX:XMTTF) is pleased to announce that it has entered into a purchase agreement with Brionor Resources Inc. ("Brionor") to acquire twenty-four contiguous mineral claims from Brionor (known as the "Pitt Gold Project"), which claims are immediately adjacent to Xmet's flagship Duquesne-Ottoman project in the Province of Quebec (the "Transaction") (figure 1).

PERTH, WESTERN AUSTRALIA--(Marketwire - May 16, 2012) - Paladin Energy Ltd (TSX:PDN)(ASX:PDN) (Paladin or the Company) refers to its announcement on 23 April 2012 regarding the issue of new convertible bonds and the launch of a tender offer (Tender Offer) to repurchase for cash up to U.S.$200,000,000 of its outstanding U.S.$325,000,000 5.00% convertible bonds due 2013 (Bonds).

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Platinex Inc. (TSX VENTURE:PTX) announced today initial results from the latest drill program. In March of 2012 five holes for 870m were drilled on the property to test coincident strong IP anomalies and high gold grain counts in till. The drill holes tested targets along a 4.2km strike length. Due to budgeting constraints some of the detailed logging and sampling of holes has been postponed. However geologically significant results were observed in the program.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Baja Mining Corp. (TSX:BAJ)(OTCQX:BAJFF) today announced its financial results for the three months ended March 31, 2012 have been filed.

CALGARY, ALBERTA--(Marketwire - May 16, 2012) - Kirrin Resources Inc. (TSX VENTURE:KYM) is pleased to announce the appointment of Ian Tweedie as a director. Ian is a chartered accountant with extensive financial and managerial experience in both public and private companies. He has knowledge across a broad range of industrial sectors and has provided corporate finance and financial advisory services to numerous companies, including on private placements and IPO financings. Ian has board-level experience with public companies listed on the TSX Venture Exchange and NASDAQ. He has recently retired as the Chief Financial Officer and a Director of Worldplay Communications Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Crosshair Energy Corporation (TSX:CXX)(NYSE Amex:CXZ) ("Crosshair" or the "Company") is pleased to announce that its 2012 exploration program for the newly consolidated CMB uranium/vanadium project in central Labrador has received its exploration permits from both the Nunatsiavut and Newfoundland and Labrador governments and is scheduled to begin July 1, 2012. The $2.2 million program of up to 3,500 metres (11,480 feet) of drilling will focus on the Two Time, Firestone, Blue Star and C zones. The goal of this year's program is to expand the existing uranium and vanadium resources as well as test new uranium targets within the main property.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - BioteQ Environmental Technologies Inc. (TSX:BQE), a leader in the treatment of industrial waste water, will present a short course workshop and a technical paper at the International Conference on Acid Rock Drainage (ICARD), a conference held every four years focused on prediction, prevention, mitigation, and remediation of acid rock drainage in the mining industry. The conference is attended by mining and engineering professionals from around the world. This year's conference takes place May 21 to 26 at the Westin Hotel in downtown Ottawa. BioteQ staff will be present at exhibit booth #16 at the conference.

WEST VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Carmax Mining Corp. ("Carmax") (TSX VENTURE:CXM) is pleased to announce that it has received results of an independent estimate of Mineral Resources at its Eaglehead Cu-Mo project located in northwestern British Columbia. The NI 43-101 compliant Inferred Mineral Resources were estimated by Roscoe Postle Associates Inc. (RPA) of Toronto, and include only two of the six mineralized target areas that have been identified on the property. The resources are based on a program of diamond drilling 8,300 metres in 25 holes in 2011, as well as historical drilling.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Passport Potash Inc. (TSX VENTURE:PPI)(OTCQX:PPRTF) is pleased to announce the appointment of professional geologist Jerry Aiken to the Company's Board of Directors.

PHOENIX, AZ--(Marketwire - May 16, 2012) - Hard Dollar, the leading project cost management software (PCM) for capital projects, can now claim the Marketer of the Year as part of their staff, in their vice president of sales and marketing, Ron Babich. The award was presented by The Phoenix Business Journal in alliance with the Business Marketing Association of Phoenix. This is the first time they set out to jointly recognize Arizona marketers and organizations for quality in their work.

LONDON, UNITED KINGDOM--(Marketwire - May 16, 2012) - Hunter Bay Minerals plc ("Hunter Bay") (TSX VENTURE:HBY)(OTCQX:HTBNF) is pleased to announce that it has completed five diamond drill holes totaling 867.5 metres (Figure 1). Drilling is ongoing and Hunter Bay plans to drill a total of 5000 metres. Assay results from the completed holes are expected within two weeks.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Fjordland Exploration Inc. (TSX VENTURE:FEX) is pleased to report that it has commenced a Phase 4, 2012 exploration program, budgeted at approximately $375,000, on the Tak Project, part of the Tak-Milligan Property Option, located approximately 50 kilometres (km) east of Williams Lake, and immediately south of the developing Woodjam copper-gold-molybdenum porphyry camp.

MONTRÉAL, QUÉBEC--(Marketwire - 16 mai 2012) - CORPORATION TOMAGOLD (TSX CROISSANCE:LOT) (la « Société » ou « TomaGold ») est fière d'annoncer l'acquisition d'un intérêt direct de 100 % de 20 titres miniers couvrant 1 070 hectares situés au sud de la propriété Monster Lake dans la région de Chibougamau (la « Propriété Winchester », en considération du paiement d'une somme de 32 000 $ par l'émission de 106 666 actions de catégorie « A » de la Société (ci-après, les « Actions ordinaires ») au prix de 0,30 $ par Action ordinaire (la « Transaction »).

COEUR D'ALENE, IDAHO--(Marketwire - May 16, 2012) - Timberline Resources Corporation (TSX VENTURE:TBR)(NYSE Amex:TLR) ("Timberline" or the "Company") announced today that it has signed an amended non-binding Letter of Intent to increase its ownership stake in the Butte Highlands Gold Project from 50-percent to 100-percent, acquiring the remaining interest in Butte Highlands JV, LLC ("BHJV") from its joint venture partner, Highland Mining, LLC ("Highland Mining") as previously announced on April 10, 2012.

MONTREAL, QUEBEC--(Marketwire - May 16, 2012) - TOMAGOLD CORPORATION (TSX VENTURE:LOT) (the « Corporation » or « TomaGold ») is proud to announce the acquisition of a direct property interest of 100% of the 20 mining claims covering an area of 1,070 hectares located in the district of Chibougamau, south of the Monster Lake property (the « Winchester Property »), for the purchase price of $32,000 by the issuance of 106,666 Class « A » shares of the Corporation (the «Common shares ») at a price of $0.30 per Common share (the « Transaction »).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Cayden Resources Inc. (TSX VENTURE:CYD) ("Cayden" or the "Company") is pleased to announce that it has now received over 1,200 assays from its La Magnetita and La Joya soil program (see website for map) which indicate an extensive gold anomalous area that is up to 5 km in an EW direction by 2 km in a NS direction. the soil anomaly strongly suggests that the La Magnetita and La Joya targets are part of the same very large hydrothermal system. Cayden is currently planning a drill program in the western portion of the La Magnetita anomaly where the most extensive surface work has been completed. There are presently over 2,000 meters of trench samples in the assay lab and the Company is creating a detailed geologic map from outcrop and trench exposures that it will use to refine drill targets. The Company anticipates drilling a minimum of 6,000 meters by reverse circulation once all the trench assays have been received.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - INTEGRA GOLD CORP. (TSX VENTURE:ICG) -

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Eurotin Inc. ("Eurotin" or the "Company") (TSX VENTURE:TIN), is pleased to provide the following drill results and update on its Oropesa tin project, located in SW Spain.

Drilling Highlights:

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Sage Gold Inc. (TSX VENTURE:SGX) has executed a non-binding Term Sheet with Waterton Global Value, L.P. ("Waterton") for a $1.0 million principal amount convertible debt financing and has also completed the first tranche of a private placement for gross proceeds of $403,500 through the sale of flow-through share units (the "FT Units") and common share units ( "Units").

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - May 16, 2012) - Altius Minerals Corporation ("Altius") (TSX:ALS) has entered into an automatic share purchase plan agreement (the "Plan") with a broker in connection with its normal course issuer bid ("NCIB") previously announced on March 29, 2012 to facilitate purchases of Altius' common shares ("Shares") under the NCIB. Altius has also filed with the Toronto Stock Exchange ("TSX") an amended Notice to provide for the implementation of the Plan. Since the beginning of the current repurchase program, Altius has not repurchased any Shares under the NCIB.

TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX:SBR) today provides an operational update and announces its financial results for the first quarter ended March 31, 2012.

Exploration crews arrived at site in April 2012 with commenced drilling in the last week of April 2012 on Silver Bear's Mangazeisky lease located in Yakutia, Russia (the "Property"). This year the drilling conducted was concentrated around the area called Nizhny Endybal within the Property. To date approximately 1000 meters have been drilled with mineralization being intersected in three of the five holes drilled. The mineralization is hosted within brecciation and stockwork development also seen in some of the nearby holes drilled in last year's exploration program. The lateral width of the mineralised zone within this area has not yet been precisely determined, however, estimates are approximately 50 metres.

PERTH, WESTERN AUSTRALIA--(Marketwire - May 16, 2012) - Paladin Energy Ltd. (TSX:PDN)(ASX:PDN) (Paladin or the Company) is pleased to advise that, after a meeting with the Local Staff Association (LSA) and government officials on Tuesday evening, an agreement in principle was successfully achieved for a return to work by the striking Malawi employees.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - The Mining Association of British Columbia (MABC), as part of its annual BC Mining Week celebrations, announced today that the 2012 recipient of the MABC Mining Person of the Year Award was issued Mr. Douglas H. Horswill, Senior Vice President of Teck Resources Ltd.

TASHKENT, UZBEKISTAN--(Marketwire - May 16, 2012) - Tethys Petroleum (TSX:TPL)(LSE:TPL) today announced Chegara Production Limited ("CPL"), its 100% owned subsidiary, has signed a Production Enhancement Contract ("PEC") for a new oil field, the Chegara Group of Fields ("Chegara"), in Uzbekistan. In addition Tethys announced it had signed a Memorandum of Understanding ("MOU"), which agrees a timetable for the potential signing of an Exploration Agreement for a highly prospective Exploration block.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - Extorre Gold Mines Limited (TSX:XG)(NYSE Amex:XG)(FRANKFURT:E1R) ("Extorre" or the "Company") releases high grade drilling results from Cerro Moro and comments on current market conditions as follows:

SUGAR LAND, TX--(Marketwire - May 16, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- International steel giant ThyssenKrupp AG (OTC:TYEKF) (Duesseldorf, Germany) reported sharp overall declines for the second quarter of the company's 2011-12 fiscal year, as a slight increase in orders from continuing operations failed to offset the effects of negative trends in the global steel industry, particularly the European debt crisis. The company reported a net loss of EUR 587 million ($749.44 million), compared with a EUR 233 million ($297.48 million) gain in second-quarter 2010-11.

SUGAR LAND, TX--(Marketwire - May 16, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The Americas, including Central, North and South America as well as the Caribbean, have a thriving Metals & Minerals Industry. Countries rich in natural resources like Brazil, Canada, Chile and the U.S. lead the way in project development for coal, copper, iron ore, and oil sands, to name a few. Led by Brazil, Canada and the U.S., Metals & Minerals projects construction starts increased significantly in 2011. All signs point to continued growth to meet world demand for raw materials.

LUXEMBOURG, LUXEMBOURG--(Marketwire - May 16, 2012) - Northland Resources S.A. (TSX:NAU)(OSLO:NAUR)(OSLO:NAUR.R)(FRANKFURT:NPK) ("Northland" or "the Company") announces that Carl-Michael Raihle was elected to the Board of Directors at the Annual General Meeting in Luxembourg, May 16, 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 16, 2012) - San Marco Resources Inc. (TSX VENTURE:SMN) has completed its non-brokered private placement announced March 30, 2012 by selling 2,754,001 units at $0.15 per unit for gross proceeds of $413,100.

ALMATY, KAZAKHSTAN--(Marketwire - May 16, 2012) - Tethys Petroleum ("Tethys" or "the Company") (TSX:TPL)(LSE:TPL) is pleased to announce it has received an updated oil Resource Report for its Kazakhstan assets that estimates gross unrisked recoverable mean prospective oil resources of 1.17 billion barrels of oil. The resource report also shows a substantial amount of prospective gas resources.

LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwire - May 16, 2012) - Minera IRL Limited ("Minera IRL" or the "Company") (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL), the Latin America gold mining company, is pleased to announce commencement of the permitting process for the Don Nicolas Project located in the mining friendly Santa Cruz Province, Argentina.

Highlights:

RENO, NEVADA--(Marketwire - May 16, 2012) -

RENO, NEVADA--(Marketwire - May 16, 2012) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV)(NYSE Amex:ANV) announced today an offering of 8.75% senior unsecured notes due 2019 in an aggregate principal amount of C$400 million (the "Notes"). In connection with the offering, the Company will enter into a cross currency interest rate swap and thereby the notes will have an effective principal amount of US$400.4 million and an effective interest rate of 8.375% per annum.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Lipari Energy, Inc. (TSX:LIP) ("Lipari" or the "Company"), a thermal coal producer with current operations and additional development properties in the Central Appalachian region of the United States, is pleased to announce its operating results for the three months ended March 31, 2012. All figures are in U.S. dollars unless otherwise stated.

First quarter 2012 tons sold decreased by 17.6% and production decreased by 20.0% over first quarter 2011 from 286,424 tons to 229,000. First quarter revenues decreased by 18.7%, as a result of the decrease in tonnage sold. Lipari generated earnings before interest, taxes, depreciation, depletion and amortization ("EBITDA") of $0.28 million during the first quarter of 2012. Adjusted EBITDA, after accounting for a change in the fair value of warrants, lease expenses and other adjustments, was $0.62 million during the first quarter of 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Timmins Gold Corp. (TSX:TMM)(NYSE Amex:TGD) (the "Company") 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 (MD&A) and consolidated financial statements for more complete information.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX:OMN)(PINKSHEETS:OMCCF)(OTCQX:OMCCF)(FRANKFURT:OMC) announces the filing of its financial results for the quarter ended March 31, 2012. This media release should be read in conjunction with the unaudited condensed consolidated interim financial statements and notes thereto for the quarter ended March 31, 2012, and the management's discussion & analysis ("MD&A") for the quarter ended March 31, 2012, both available on SEDAR at www.sedar.com.

SASKATOON, SASKATCHEWAN--(Marketwire - 15 mai 2012) - Cameco (TSX:CCO) (NYSE:CCJ) a annoncé aujourd'hui à l'occasion de l'Assemblée générale annuelle de la société, l'élection de Ian Bruce en tant que nouveau membre du conseil d'administration.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - As a result of a review by the British Columbia Securities Commission, Apella Resources Inc. (TSX VENTURE:APA)(OTCQX:APAFF)(FRANKFURT:NWN) wishes to clarify certain disclosures made on the Company's website, in material made available thereon and in written material distributed by the Company concerning certain of the Company's mineral properties.

BOCA RATON, FL--(Marketwire - May 15, 2012) - Andes Gold Corp. (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, today released its financial statements for the first quarter ended March 31, 2012. The report was filed and is available on Pink Sheets.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Centerra Gold Inc. (TSX:CG)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Magellan Minerals Ltd. (TSX VENTURE:MNM)(OTCQX:MAGNF) ("Magellan") is pleased to announce the closing of the previously announced transaction with Sandstorm Gold Ltd. ("Sandstorm") (see press release dated May 11, 2012), whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu"), both of which are located in Para state, Brazil. As consideration, Sandstorm paid Magellan a cash payment of US$7.5 million and subscribed for one million common shares of Magellan at a price of $0.50 per share for total proceeds of $500,000.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Ivanhoe Mines (TSX:IVN)(NYSE:IVN)(NASDAQ:IVN) today announced its financial results for the quarter ended March 31, 2012. All figures are in US dollars unless otherwise stated.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Centerra Gold Inc. (TSX:CG) announced today its first quarterly dividend. The Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$9.4 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on June 15, 2012 to shareholders of record on May 31, 2012. The ex-dividend date will be May 29, 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Aura Minerals Inc. ("Aura Minerals" or the "Company") (TSX:ORA) today announced financial and operating results for the first quarter of 2012. All dollar amounts are expressed in US dollars unless otherwise specified.

First Quarter 2012 Financial and Operating Highlights:

TORONTO, CANADA--(Marketwire - May 15, 2012) - Inmet Mining Corporation (TSX:IMN) (Inmet) today announced that it has increased the size of its previously announced offering of US $1 billion aggregate principal amount of senior unsecured notes maturing 2020 (the "Notes") to US $1.5 billion with a coupon of 8.75 percent per annum. The Notes were priced at 98.584 percent of the aggregate principal amount, providing the company with gross proceeds of US $1,478,760,000 and will yield 9 percent to maturity. The offering is expected to close on or about May 18, 2012. Inmet intends to use the proceeds to fund the development of Cobre Panama.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Silvermex Resources Inc. ("Silvermex") (TSX:SLX) reported today its unaudited financial results for the quarter ended March 31, 2012.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) -

(All currency figures are in Canadian Dollars unless otherwise noted)

TORONTO, CANADA--(Marketwire - May 15, 2012) - Seabridge Gold (TSX:SEA)(NYSE:SA) announced today that its 2011 Annual Report is now available on its website at www.seabridgegold.net/2011AR.pdf. The Annual Report reviews 2011 and outlines the Company's objectives for 2012 and includes the audited financial statements for the year ended December 31, 2011. The Annual Report, along with other proxy material, will be mailed to shareholders in connection with the Company's Annual Meeting of Shareholders scheduled to be held on June 27, 2012 in Toronto, Ontario, Canada.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Primero Mining Corp. ("Primero" or the "Company") (TSX:P)(NYSE:PPP) announced today that subsequent to its news release dated March 28, 2012, it has filed a National Instrument 43-101 Technical Report on SEDAR (www.sedar.com) and Edgar (www.sec.gov) for its San Dimas 2011 Reserves and Resources estimate.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - High River Gold Mines Ltd. (TSX:HRG) ("High River" or the "Company") is pleased to announce the appointment of Yury Lopukhin as Chief Executive Officer and Georgy Smirnov as Chief Financial Officer.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Lucara Diamond Corp. (TSX:LUC)(BOTSWANA:LUC)(NASDAQ OMX First North:LUC) ("Lucara" or the "Corporation") is pleased to report that at the Corporation's Annual General Meeting held today in Vancouver, shareholders approved all of the resolutions put forward at the meeting, namely:

ST. JOHN'S, NEWFOUNDLAND--(Marketwire - May 15, 2012) - Aurion Resources Ltd. ("Aurion") (TSX VENTURE:AU) reports that its partner AuRico Gold Inc ("AuRico") has terminated the option and joint venture agreement on Aurion's wholly owned La Bandera gold project in Durango, Mexico.

In accordance with the terms of the agreement Aurico spent approximately $1.3 million in completing 11 widely spaced drillholes (> 200 m apart) comprising approximately 5300 m along portions of the more than 20 km long La Bandera mineral system. The drilling campaign yielded only anomalous results, however, Aurion is currently only in receipt of a summary report written in Spanish but will be in a position to comment in more detail on the results of the program when all digital data and reports in English have been received.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Argus Metals Corp. (TSX VENTURE:AML) -

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Orvana Minerals Corp. (TSX:ORV) announced operating results today for the second quarter ended March 31, 2012. Dollar amounts (other than per ounce and per share amounts) are in thousands of U.S. dollars unless stated otherwise, and fine troy ounces of gold and silver are referred to as "ounces".

Highlights:

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - MAG Silver Corp. (TSX:MAG)(NYSE Amex:MVG) ("MAG" or the "Company") announces the Company's unaudited financial results for the three months ended March 31, 2012. For complete details of the first quarter unaudited Condensed Interim Consolidated Financial Statements and related Management's Discussion and Analysis, please see the Company's filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

VANCOUVER, COLOMBIE-BRITANNIQUE--(Marketwire - May 15, 2012) - Santacruz Silver Mining Ltd. (« Santacruz » ou la « Société ») (TSX VENTURE : SCZ) a le plaisir de faire état de progrès significatifs dans le cadre de son projet Rosario, situé dans le district minier historique de Charcas, à San Luis Potosi, au Mexique. En août 2011, la Société a signé un accord d'options avec Compania Minera Nukay, S.A. de C.V., une filiale de Goldcorp Inc., visant à lui acheter un moulin possédant une capacité de 500 tonnes par jour. Ce dernier, qui est actuellement désassemblé, sera transporté jusqu'à la propriété au cours du troisième trimestre 2012. Il devrait être mis en service au cours du premier trimestre 2013. Par ailleurs, des permis de services publics pour l'eau et l'énergie devraient être prêts au cours du troisième trimestre 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Santacruz Silver Mining Ltd. ("Santacruz" oder das "Unternehmen") (TSX VENTURE: SCZ) Santacruz meldet bedeutende Fortschritte in seinem Rosario-Projekt, das sich im historischen Bergbaubezirk Charcas in San Luis Potosi (Mexiko) befindet. Im August 2011 unterzeichnete das Unternehmen eine Optionsvereinbarung mit der Compania Minera Nukay, S.A. de C.V., einer Tochtergesellschaft von Goldcorp Inc., um ein Mahlwerk mit einer Kapazität von 500 Tonnen pro Tag zu kaufen. Das Mahlwerk, das derzeit demontiert wird, wird im dritten Quartal 2012 zur Liegenschaft transportiert. Die Inbetriebnahme des Mahlwerks ist für das erste Quartal 2013 vorgesehen. Die Genehmigungen zur Wasser- und Stromnutzung sollten im Verlauf des dritten Quartals 2012 vorliegen.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Kimber Resources Inc. (TSX:KBR)(NYSE Amex:KBX) today announced its financial results for the three and nine months ended March 31, 2012. All amounts in this news release are in Canadian dollars. The Company's condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards ("IFRS"). Kimber's condensed consolidated interim financial statements and management's discussion & analysis for the three and nine months ended March 31, 2012 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.

SASKATOON, SASKATCHEWAN--(Marketwire - May 15, 2012) - Cameco (TSX:CCO) (NYSE:CCJ) announced the election of new board member Ian Bruce at the company's annual meeting today.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - North American Gem Inc. (TSX VENTURE:NAG) (NAG) reports that it has arranged a loan from arm's length parties in the principal amount of $250,000 (the "Loan") pursuant to promissory notes (the "Notes") to be issued to the Lender as security for the Loan.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Starcore International Mines Ltd. (TSX:SAM) ("Starcore" or the "Company") 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. ("Bernal"), and Investec Bank plc ("Investec"). 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).

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Tarsis Resources Ltd. (TSX VENTURE:TCC) ("Tarsis" and "the Company") is pleased to announce that it has completed its Annual General Meeting of the shareholders of Tarsis and the directors proposed at the meeting were all re-elected by the shareholders. Immediately after the meeting, the officers were also re-appointed with Marc G. Blythe remaining the President and CEO, and Mark T. Brown remaining the CFO and Corporate Secretary.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Colossus Minerals Inc. (the "Company" or "Colossus") (TSX:CSI)(OTCQX:COLUF) is reminding shareholders and other interested parties of the annual general meeting to be held at The Fairmont Royal York, 100 Front Street West, 19th Floor, Salon 4, Toronto, Ontario tomorrow Wednesday, May 16, 2012 at 10:00 am (Toronto time). In addition to the regular business of the Company, management intends to bring investors up to date on the status of development at Colossus' 75% owned Serra Pelada Gold-Platinum-Palladium Project. The Serra Pelada Project is a joint venture between Colossus and Cooperativa de Mineração dos Garimpeiros de Serra Pelada ("COOMIGASP") located in the State of Pará, Brazil. In the opinion of management, as at March 31, 2012, the Company currently has adequate funds to pursue all of its planned exploration activities and its development program objectives for 2012. For those individuals who are unable to attend in person the following sets forth the highlights of the status update.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Organic Resource Management Inc. (TSX VENTURE:ORI) ("ORMI" or "the Company"), today announced its financial results for the three and nine month periods ended March 31, 2012.

Q3 2012 Highlights

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Sniper Resources Ltd. (TSX VENTURE:SIP)(FRANKFURT:A1H38M)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Amarillo Gold Corp. (TSX VENTURE:AGC) ("Amarillo" or the "Company") is pleased to release the initial metallurgical testwork results on samples of mineralized sulphide drill core from the Butia deposit which is part of the Lavras do Sul project, in southern Brazil. The initial resource estimate at the Butia prospect reported 215,000 ounces of gold indicated from 6.4 MT at 1.05 g/t Au, and 308,000 ounces of gold inferred from 12.9 MT at 0.74 g/t Au using a 0.3 g/t cut-off grade in a NI 43-101 compliant resource independently determined by Atticus Consulting in 2010.

CHICAGO, IL--(Marketwire - May 15, 2012) - Continental Materials Corporation (NYSE Amex: CUO) today reported a net loss from continuing operations of $1,053,000 or 64 cents per diluted share for its first quarter ended March 31, 2012 compared to a net loss from continuing operations of $1,211,000 or 75 cents per diluted share for the same period in 2011.

CALGARY, ALBERTA--(Marketwire - May 15, 2012) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

VAL-D'OR, QUEBEC--(Marketwire - 15 mai 2012) - Ressources Cartier inc. (TSX CROISSANCE:ECR) (« Cartier ») vient de recevoir les résultats d'un levé géophysique de type polarisation provoquée (PP) couvrant une superficie de 6,5 km² sur la propriété La Pause. Ce projet est stratégiquement positionné sur une zone de failles à moins de 2 km de la Mine Mouska et à proximité de deux complexes miniers. Le levé PP a détecté plusieurs conducteurs métalliques sur la propriété. Une dizaine de forages sont proposés sur le couloir de cisaillement composé de roches ultramafiques minéralisées en or et en argent, altérées et cisaillées. Les forages ciblent trois environnements jugés à bon potentiel de découverte à l'intérieur du couloir de cisaillement (Figure) :

VAL-D'OR, QUEBEC--(Marketwire - May 15, 2012) - Cartier Resources Inc. (TSX VENTURE:ECR) ("Cartier") has received results from an IP survey covering 6.5 km² of the La Pause property. The project is strategically located over a fault zone situated within 2 km of the Mouska Mine and proximal to two mining centers. The IP survey detected several metallic conductors within four areas (Figure) deemed to host good discovery potential on the property. Ten drill holes are proposed within the fault zone which hosts altered and sheared, gold and silver bearing ultramafic rocks. The holes are proposed to test three distinct settings with a discovery potential within the fault zone:

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - ATAC Resources Ltd. (TSX VENTURE:ATC) ("ATAC") is pleased to announce that it has begun phase one of a two phase exploration and drilling program at its 100% owned, 1,600 sq/km Rackla Gold Project, which hosts Canada's only Carlin-Type gold discoveries.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - KGHM International Ltd., formerly Quadra FNX Mining Ltd. (the "Company" or "KGHM International"), today announced that it will hold a conference call to discuss its financial results for the first quarter of 2012 on Thursday, May 17, 2012 at 9 a.m. PT, 12:00 noon ET, 6:00 p.m. CEST. The financial statements and the MD&A will be available at www.kghminternational.com as of May 15, 2012.

DAKAR, SENEGAL--(Marketwire - May 15, 2012) - Canadian partners the Micronutrient Initiative, the Government of Canada and Teck launched a major project with the Senegal Ministry of Health today that will save young lives from diarrhea, a condition that can be deadly if untreated.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Nevsun Resources Ltd. (TSX:NSU)(NYSE Amex:NSU) is pleased to advise that its Board of Directors has declared a semi-annual cash dividend of US$0.05 per common share (US$0.10 per common share annually). The dividend is payable on July 16, 2012 to shareholders of record as of the close of business on June 30, 2012. This is the third dividend payment under the Company's progressive dividend policy. The Company first established a dividend policy in May 2011, soon after achieving commercial production from its Bisha mining operation in Eritrea.

CALGARY, ALBERTA--(Marketwire - May 15, 2012) - Mr. David Heighington, a Director of Gold Ridge Exploration Corp. (TSX VENTURE:GEA) (the "Corporation") is pleased to announce that Gerry A. Peacock has been appointed to the board of directors effective May 10, 2012, subject to customary TSX Venture Exchange acceptance.

RIMOUSKI, QUEBEC--(Marketwire - 15 mai 2012) - Ressources Appalaches (TSX CROISSANCE:APP) est heureuse d'annoncer la nomination de M. Douglas Keating à titre de gérant de mine pour le projet de la Mine Dufferin en Nouvelle-Écosse.

RIMOUSKI, QUEBEC--(Marketwire - May 15, 2012) - Ressources Appalaches (TSX VENTURE:APP) is pleased to announce the addition, to its Dufferin mine project, of Mr. Douglas Keating as Mine Manager in Nova Scotia.

MONTREAL, QUEBEC--(Marketwire - May 15, 2012) - SEMAFO (TSX: SMF)(OMX: SMF) meddelade idag att bolagets styrelse har godkänt en kontant utdelning av CA $ 0,02 per stamaktie, som utbetalas den 16 juli 2012 till aktieägare på avstämningsdagen vid affärsdagens slut den 30 juni 2012. Detta är bolagets andra utdelning efter att ha förklarat sin konstituerande utdelning i november 2011.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Platinex Inc. (TSX VENTURE:PTX), announced today that an internal valuation of the Herrick deposit on Platinex's Shining Tree gold property has identified potential gold content ranging from 111,000 oz to 172,000 oz Au within the defined vein structures to a depth of 300m. The estimate is based on a minimum of 1,628,000 tonnes grading 2.11 g/tonne Au to a maximum of 2,554,000 tonnes grading 2.10 g/tonne Au. The estimate is derived from 3 narrow sub- parallel quartz vein breccias and an enclosing mineralized shear zone within a 370m strike length, to a 300m depth and within a 60m wide block. A cutoff grade of 0.5 g/tonne Au was used.

PARIS--(Marketwire - May 15, 2012) - La Mancha Resources Inc. (TSX: LMA) (FRANKFURT: LMA)

PARIS--(Marketwire - May 15, 2012) - La Mancha Resources Inc. (TSX: LMA) (FRANKFURT: LMA)

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Titan Goldworx Resources Inc. (CNSX:TTN) (the "Company") is pleased to announce the closing of its initial public offering (the "Offering") pursuant to its prospectus dated February 28, 2012 (the "Prospectus") filed with the British Columbia, Alberta and Ontario Securities Commissions. Under the Offering, the Company issued 2,000,000 common shares of the Company (the "Shares") at a price of $0.15 per Share. Canaccord Genuity Corp. (the "Agent") acted as sole agent for the Offering.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Mundoro Capital Inc. (TSX VENTURE:MUN) ("Mundoro" or the "Company") announces the filing of the Company's financial results for the quarter ended March 31, 2012. The highlights provided in this release should be read in conjunction with the Company's quarterly financial statements and Management Discussion and Analysis, which are available on SEDAR at www.sedar.com. All dollar amounts are in U.S. dollars unless otherwise stated.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Trelawney Mining and Exploration Inc. (the "Company" or "Trelawney") (TSX VENTURE:TRR)(FRANKFURT:RTW) announces the results from 26 additional holes drilled on the Côté Lake Deposit on the Chester Project located halfway between Timmins and Sudbury in Northern Ontario. The results are from the ongoing infill and expansion drilling on the Côté Lake Deposit. Drilling continues to intersect significant widths of low to moderate grade gold mineralization from the infill drilling at the Côté Lake Deposit.

LOS ANGELES, CA--(Marketwire - May 15, 2012) - Sionix Corporation (OTCBB: SINX) ("Sionix" or the "Company"), a designer of patented water treatment systems, announced today the update on the deployment of their Mobile Water Treatment System that has been customized for McFall Inc., for the treatment of drilling fluids from E&P operations in the Williston Basin of North Dakota. Jim Currier, Sionix Chief Executive Officer, commented, "We have been assigned a drilling rig by McFall, and we are waiting for a drilling site to become available to us. During this time, we have located our equipment at a staging area, where the treatment configuration has been completely wet tested, and is available to deploy as soon as we receive McFall's notification."

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - PNG Gold Corporation ("PNG Gold" or the "Company") (TSX VENTURE:PGK) has embarked on a number of initiatives. These have been taken in response to issues that, if not corrected, could negatively impact the development of the Imwauna gold property. The PNG Gold board has determined that: 1) drilling must progress more rapidly than the approximate 12,000 metres achieved in the previous 15 months; 2) administration and operational costs per metre drilled need to be reduced; 3) operations and accounting controls need to be less reliant on contractors; 4) difficult equity markets demand heightened caution in preservation of capital.

LONDON, UNITED KINGDOM--(Marketwire - May 15, 2012) - Anglo Pacific Group PLC ('Anglo Pacific', the 'Company', the 'Group') (LSE:APF)(TSX:APY) is pleased to announce interim results for the three months ended March 31, 2012. The Group has published both the unaudited financial statements and the Management's Discussion and Analysis, and these, together with this release, are available on both the Group's website at www.anglopacificgroup.com and on SEDAR at www.SEDAR.com.

EDMONTON, ALBERTA--(Marketwire - May 15, 2012) - Grizzly Discoveries Inc. (TSX VENTURE:GZD)(OTCQX:GZDIF)(FRANKFURT:G6H) ("Grizzly" or the "Company") is pleased to announce that it has exercised its option pursuant to the option agreement between Grizzly and Mineworks Ventures Inc. ("Mineworks") dated February 17, 2009 as amended by an amending agreement dated March (the "Option Agreement") to acquire a 100% interest in the Sidley-Dayton Gold Property in the Greenwood District in British Columbia.

BAAR, SWITZERLAND--(Marketwire - May 15, 2012) - Manas Petroleum Corp. ("Manas") (TSX VENTURE: MNP) (OTCBB: MNAP) has filed its quarterly report on Form 10-Q for the quarter ended March 31, 2012 on EDGAR and on SEDAR. (www.sedar.com or www.sec.gov). The following provides you with a review of some of the highlights:

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Columbus Silver Corporation (TSX VENTURE:CSC) ("Columbus Silver" or the "Company") provides an update on the proposed acquisition (the "Acquisition") of the Company by Santa Fe Gold Corporation ("Santa Fe"). 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 (the "Deadline"). 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.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Bravada Gold Corporation (TSX VENTURE:BVA)(FRANKFURT:BRT) ("Bravada") has filed with SEDAR the Technical Report for the updated, independent Preliminary Economic Assessment (PEA) and resource estimate for its Wind Mountain Gold/Silver Property in Washoe County, Nevada. The studies were conducted by Mine Development Associates (MDA) of Reno. As previously reported (NR-07-12 dated May 1, 2012), the base-case Internal Rate of Return (IRR) is nearly double the 2010 base-case IRR, and the number of ounces produced from near-surface oxide mineralization has increased significantly. The PEA considers only a portion of the property and new resources contained within the North Hill deposit and the South End deposit, and previously mined "waste rock" were not included in the PEA. In addition, the company has identified large areas on the property where significant new resources could be discovered.

VANCOUVER, BC--(Marketwire - May 15, 2012) - Handeni Gold Inc. (the "Company" or "Handeni Gold") (OTCBB: HNDI). HNDI is pleased to announce the appointment of a Board Vice-Chairman as well as the appointment of new Board members to each of its existing Audit, Compensation and Corporate Governance Committees.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that it has closed the first of two previously announced (April 17, 2012) agreements relating to the sale of its Highland Gold projects ("Highland" or the "Project") to a wholly-owned subsidiary of Prodigy Gold Inc. (TSX VENTURE:PDG) ("Prodigy") for cash totalling $1.775-million and a net smelter return ("NSR") royalty on certain portions of the Project.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Handeni Gold Inc. (the "Company" or "Handeni Gold") (OTCBB:HNDI). HNDI is pleased to announce the appointment of a Board Vice-Chairman as well as the appointment of new Board members to each of its existing Audit, Compensation and Corporate Governance Committees.

TORONTO, ONTARIO--(Marketwire - May 15, 2012) - Metals Creek Resources Corp. (the "Corporation") (TSX VENTURE:MEK) is pleased to report final assay results from its recently completed diamond drill program on the Ogden Gold Project in Timmins, Ontario.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Selwyn Resources Ltd. (TSX VENTURE:SWN) ("Selwyn") is pleased to announce an updated mineral resource estimate for the XY West deposit, Selwyn Project in Yukon, and the global mineral inventory. The updated mineral resource has been completed to National Instrument ("NI") 43-101 standards, and includes drill results from the 2010 and 2011 definition drilling and exploration work programs; noting that XY West deposit was a key component due to its close proximity to the adjacent XY Central deposit.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Levon Resources Inc. ("Levon", or the "Company") (TSX:LVN)(BERLIN:LO9)(FRANKFURT:LO9) 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.

VANCOUVER, BC--(Marketwire - May 15, 2012) - Lori McClenahan, President and Chief Executive Officer of St. Elias Mines Ltd. (TSX VENTURE: SLI) (PINKSHEETS: SELSF) (US Clearing Symbol: SELSF) (FRANKFURT: EKL), and Robert Coltura, Director of 88 Capital Corp., announce today that St. Elias has entered into an option agreement with 88 Capital Corp. whereby 88 Capital Corp. can earn a 60% interest in the Chance F mineral concession (the "Chance F Claim") which adjoins St. Elias' wholly-owned Tesoro Gold Project located in southwestern Peru.

PERTH, WESTERN AUSTRALIA--(Marketwire - May 15, 2012) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) announces the release of its Financial Report for the nine months ended 31 March 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Luna Gold Corp. (TSX VENTURE:LGC)(OTCQX:LGCUF)(LMA:LGC) ("Luna" or the "Company") today announces its results for the three months ended March 31, 2012. The complete financial statements and management discussion and analysis are available for review at www.lunagold.com and should be read in conjunction with this news release.

SAN MATEO, CA--(Marketwire - May 15, 2012) - China Armco Metals, Inc. (NYSE Amex: CNAM) ("China Armco" or the "Company"), a distributor of imported metal ore and metal recycler, today announced its financial results for the first quarter of 2012.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Spanish Mountain Gold Ltd. ("the Company") (TSX VENTURE:SPA) is pleased to announce initial metallurgical test results for the Phoenix Zone of its Spanish Mountain Gold Project (the "Project") located in central British Columbia, Canada. The results for the Phoenix Zone presented in this news release represent preliminary tests carried out with samples from the drill program that identified the Phoenix Zone late in 2011.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) -

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 15, 2012) - Sinchao Metals Corp. (TSX VENTURE:SMZ) (the "Company") is pleased to announce that on May 14, 2012, further to the news release dated March 28, 2012, it has closed its $7.1 million private placement financing (the "Financing"). The Financing is being conducted in connection with the Company's announced proposed business combination (the "Transaction") with Southern Legacy Minerals Inc. ("Southern Legacy"). All funds referred to in the press release are in Canadian dollars.

ROUYN-NORANDA, CANADA--(Marketwire - 15 mai 2012) - Ressources Explor inc. (TSX CROISSANCE:EXS)(PINKSHEETS:EXSFF)(FRANCFORT:E1H)(BERLIN:E1H) est heureuse d'annoncer les résultats de sept (7) sondages de la dernière série de sondages complétée du programme de forage au diamant. Les sondages #11-61W1, 11-61W2, et 11-62W4, 12-65, 12-66, 12-69 et 12-70 sont annoncés dans ce communiqué de presse.

ROUYN-NORANDA, CANADA--(Marketwire - May 15, 2012) - Explor Resources Inc. (TSX VENTURE:EXS)(PINKSHEETS:EXSFF)(FRANKFURT:E1H)(BERLIN:E1H) is pleased to announce the results of 7 drill holes being the next series of holes on the diamond drilling program. Hole #11-61W1, 11-61W2, 11-62W4, 12-65, 12-66, 12-69, and 12-70, are reported in this press release.

PERTH, WESTERN AUSTRALIA--(Marketwire - May 15, 2012) - Magma Metals Limited (TSX:MMW)(ASX:MMW) ("Magma" or the "Company") notes the announcement yesterday by Panoramic Resources Limited ("Panoramic") that it has acquired a relevant interest in 54.15% of Magma shares. Today Magma released its Second Supplementary Target's Statement in response, a copy of which is available on the Company's website at www.magmametals.com.au and is filed under the Company's profile on SEDAR at www.sedar.com.

LONDON--(Marketwire - May 15, 2012) - Serabi Gold plc (AIM: SRB) (TSX: SBI) (TSX: SBI.WT), the Brazilian focused gold exploration and development company, advises that it has today published its unaudited financial results for the 3 month period ending 31 March 2012 and at the same time has also published its Management's Discussion and Analysis for the same period. Both documents, together with this announcement, have been posted on the Company's website at www.serabigold.com and are also available on SEDAR at www.sedar.com.