Alexco Reports 16% Increase in Silver Production for Fourth Quarter 2012; Produces Approximately 2.2 Million Oz Silver for the Year

Alexco Resource Corp. (AXR.TO)(NYSE MKT:AXU) today reports silver production of 595,823 ounces during the fourth quarter of 2012, approximately 16% higher than the previous quarter and its second highest ever quarter of production as the Bellekeno mine completes its second full year of operation in the Keno Hill Silver District in Canada''s Yukon Territory. For the full calendar year 2012, Alexco produced 2,150,959 ounces of silver, generally in line with full year production guidance of 2.2 million ounces. Mill throughput also increased to a record 291 tonnes per day (tpd) average for the fourth quarter, a 9% improvement over the previous quarter which was itself a throughput record.

Published: 18 January 2013
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Cliffmont drills significant gold discovery at La Julia of 10.5 metres averaging 5.90 g/t gold and 3.33 g/t silver of shallow mineralization at San Luis Project, Huila, Colombia

Cliffmont Resources Ltd. (TSX-V - CMO) ("Cliffmont" or the "Company") is pleased to announce drill results for holes SLD-17 and SLD-18 (373 metres) from the 2012 drill program on the San Luis Project in Huila Department, Colombia . The 2012 drill program was the first ever undertaken on the San Luis project.

"We are delighted with the new gold-silver discovery at La Julia. The mineralization occurs at very shallow depths, possibly in the sub crop, and is open in all directions. This discovery at La Julia is a testament to the untested potential at the San Luis Project," said Jeff Tindale President and CEO.

Published: 17 January 2013
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Nighthawk Reports 45.72 Metres of 1.84 g/t Gold Including 12.19 Metres of 3.24 g/t Gold and 4.27 Metres of 8.44 g/t Gold from Historical Drilling at Colomac

Nighthawk Gold Corp. ("Nighthawk") (TSX VENTURE:NHK) reports additional assay results from six holes drilled by Royal Oak Mines Inc. ("Royal Oak") in 1997 within the Colomac sill on Nighthawk's 100%-owned Colomac Gold Property ("Colomac Gold Project") in the Northwest Territories ("NWT"). Today's results and the previously reported results (see December 11, 2012 news release) further validate the historic assay results and confirm the high-grade nature of Zone 3.5 and its continuity to depth. To date 13 historic holes have been reported from a total of 20 historic holes being assayed. Results from the 7 remaining historic holes that were drilled north of this area will be released as they are finalized.

Published: 16 January 2013
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Petaquilla Minerals Ltd. Reports 12% Increase in Production, 14% Increase in Revenues and 32% Increase in EBITDA for Second Quarter of Fiscal 2013

Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) ("Petaquilla" or the "Company") announces its second quarter operating and financial results for its Molejon gold mine located in Panama. Currency is reported in United States dollars unless otherwise indicated.

Financial Performance for the Second Quarter of Fiscal 2013 Compared to Prior Quarter

Pilot Gold Reports 6.59 g/t Gold Over 34.2 Metres at TV Tower

Drilling shows continuity of high-grade gold extending more than 100 metres

Pilot Gold Inc. (TSX:PLG) ("Pilot Gold" or the "Company") is pleased to report that infill drilling from holes to the southeast and down-dip to the northeast of KCD-50 returned significant intervals of high-grade gold, including one interval containing visible gold.

Drill highlights include:

  1. Fortuna Silver Mines Inc ( FVI )
  2. Solitario Exploration & Royalty Corp ( SLR )
  3. Eagle Mountain Gold Corp ( Z )
  4. Aurizon Mines Ltd ( ARZ )
  5. Bayfield Ventures Corp ( BYV )