Endeavour Silver Reports Strong Reserve and Resource Growth in 2012

Endeavour Silver Corp. (TSX:EDR)(NYSE:EXK)(FRANKFURT:EJD) announces that for the ninth consecutive year, the Company has delivered substantial growth of its consolidated silver and gold reserves and resources.

Endeavour released today its updated NI 43-101 reserve and resource estimates to December 15, 2012 (see table below) for its three producing silver mines (the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State) and four exploration projects (the San Sebastian Project in Jalisco, Guadalupe y Calvo and Parral Projects in Chihuahua and Arroyo Seco Project in Michoacán) in Mexico.

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Richmont Mines Adds New High Grade Inferred Mineral Resources of 508,000 Au Ounces at 10.73 g/t at Island Gold Deep

 Richmont Mines Inc. (TSX:RIC)(NYSE MKT:RIC), ("Richmont" or the "Corporation") announces a first inferred mineral resource estimate for the C Zone at depth at its operating Island Gold Mine near Wawa, Ontario. A 43-101 compliant technical report will be filed within 45 days of this release.

Highlights:

  • New C Zone inferred mineral resource estimate of 1.5 million tonnes grading 10.73 g/t Au for 508,000 ounces. The C Zone is sub-vertical, at depths of between 450 metres and 1,000 metres, and appears to be an extension of the areas currently being mined. The mineral resource has been drilled on an approximate 50 m x 50 m pattern, with 55 drill hole intercepts, about 60% of which contained visible gold;
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Orezone Hits Higher Grades on New Targets and Satellite Deposits at Bombore

Highlights include 16 m @ 2.96 g/t, 18 m @ 2.36 g/t and 16 m @ 1.98 g/t

Orezone Gold Corporation (TSX:ORE) is pleased to announce additional positive results from an ongoing infill and expansion drill program at its wholly owned Bomboré Gold Project in Burkina Faso, West Africa. The recent drilling has expanded the southern P16 and the P17N deposits and with open ended mineralization, more expansion drilling is warranted. Additional core drilling completed on the P17S prospect confirmed the presence of several north-plunging mineralized zones with grades exceeding 2 g/t, which remain open to the north, including 18 m at a grade of 2.36 g/t on the northernmost section drilled to date.

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Romarco announces 2012 fourth quarter and year end results

ROMARCO MINERALS INC. (TSX:R.TO) (the "Company") is pleased to announce that it has released its results for the fourth quarter and year ended December 31, 2012.  The Company's 2012 fourth quarter and year-end financial statements and MD&A are available on SEDAR at www.sedar.com and on the Company's website at www.romarco.com

All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.

Highlights from the results include:

Keegan Announces Significant Gold Recovery Improvements From Recently Completed Integrated Metallurgical Test Programme

Highlights: -- Extensive metallurgical test program increases weighted average gold recoveries from 88% to 92%, an increase of nearly 5% -- Test work confirmed the suitability of using a combination of gravity (free) gold recovery followed by flotation and a smaller more environmentally friendly CIL circuit -- Test work targeted all 3 types of ores found at the Esaase deposit (oxide, transition and fresh ores) -- Testing included life of mine ("LOM") blends to simulate LOM operating plans -- Final results to be used in pre-feasibility study ("PFS") due for completion at the end of Q1 2013 with market announcement in Q2 2013

Keegan Resources Inc. ("Keegan" or "Company") (TSX:KGN)(NYSE MKT:KGN) is pleased to announce that Keegan has now completed its integrated metallurgical testing program of Esaase ores that is required for the completion of its ongoing pre-feasibility study. The test program was conducted at Amdel Laboratories in Perth, Australia and was overseen by DRA Mineral Projects ("DRA") from South Africa. The results have clearly confirmed that the selected metallurgical flow sheet is indeed robust and suitable for use on Esaase ores.

Read more: Keegan Resources Inc ( KGN )