Solitario Receives $4.0 Million Payment from Sandstorm and Updates Activities on Its Mt. Hamilton Gold Project, Nevada

Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) and Ely Gold & Minerals (“Ely Gold;” TSX.V: ELY) are pleased to announce that the joint venture has received the second and final payment of $4.0 million from Sandstorm Gold (NYSE MKT: SAND; TSXV: SSL.V) for the sale of a NSR royalty on its Mt. Hamilton gold-silver project in Nevada. On June 11, 2012 Solitario announced the sale of a 2.4% NSR royalty for $10.0 million and received an initial US$6.0 million payment from Sandstorm. The Mt. Hamilton gold project, located in Nevada, U.S.A., is held by Mt. Hamilton LLC (“MH-LLC”) that is 80%-owned by Solitario and 20%-owned by Ely.

Eagle Mountain Gold Corp. Files Updated NI 43-101 Technical Report and Mineral Resource Estimate, Provides Corporate Update

Eagle Mountain Gold Corp. ("Eagle Mountain" or the "Company") (Z:TSX-V) (E9X.F) (SDMTD) is pleased to report on its progress in the second half of 2012, both in the advancement of its Eagle Mountain gold project in central Guyana and on the corporate front.

The year was highlighted by the completion of an updated independent National Instrument 43-101 technical report and mineral resource estimate ("Technical Report") for the company's Eagle Mountain gold project ("Project") located in Guyana, South America, as reported in the Company's news release dated November 21, 2012, which has now been filed on SEDAR (www.sedar.com).

Alamos Announces 40% Premium Takeover Offer for Aurizon

Alamos Gold Inc. (AGI.TO) ("Alamos" or the "Company") announced today that it has commenced an offer to acquire Aurizon Mines Ltd. ("Aurizon") for approximately C$780 million in cash and shares (the "Offer"). The Offer will remain open until 5:00 p.m. (Toronto time) on February 19, 2013 unless withdrawn or extended. Alamos has also applied to list its common shares ("Alamos Shares") on the New York Stock Exchange (the "NYSE") under the symbol "AGI".

Under the terms of the Offer, Alamos proposes to acquire all of the outstanding common shares of Aurizon ("Aurizon Shares") for consideration value of C$4.65 per Aurizon Share. Each Aurizon shareholder can elect to receive consideration per Aurizon Share of either C$4.65 in cash (the "Cash Alternative") or 0.2801 of an Alamos Share (the "Share Alternative"), subject in each case to pro-ration based on a maximum cash consideration of C$305,000,000 and maximum number of Alamos Shares issued of 23,500,000.

Bayfield Drills 15.0m of 11.06 g/t Gold and 57.05 g/t Silver in Rainy River, NW Ontario

  Bayfield Ventures Corp. (TSX VENTURE:BYV)(PINKSHEETS:BYVVF)(FRANKFURT:B4N) is pleased to announce additional assays from the continuing exploration of its 100% owned Burns Block gold-silver project. The Company's Burns Block project is located in the Rainy River District of north-western Ontario and is ideally situated adjacent to the east of Rainy River Resources' main multi-million ounce gold-silver deposit and to the west of their expanding Intrepid gold-silver zone.

Rainy River District Gold Zones: www.bayfieldventures.com/i/maps/BYV-Burns-Gold-Zones-NOV-2012.jpg.