Volta Resources Intersects 126.0m at 1.90g/t Gold (Uncut) at its Kiaka Gold Project in Burkina Faso and Confirms Strike and Depth Extent Towards the North

Volta Resources Inc. ("Volta Resources" or the "Company") (TSX: VTR) announces additional results from the ongoing 2012 drilling program (Phase 4) on the Central Area at its Kiaka Gold Project in Burkina Faso. The Phase 4 program is focused principally on infill drilling those areas where Inferred category resources occur within the open pit shell defined in the pre-feasibility study ("PFS", see News Release of 3 May 2012).

Yorbeau Intercepts 35.0 g/t Au Over 3.0 Metres and 4.3 g/t Au Over 13.0 Metres at a Vertical Depth of Less Than 200 Metres

Yorbeau Resources Inc. ("Yorbeau"') (TSX:YRB.A) is pleased to provide an update on its 2012 exploration program which is focused on the Lake Gamble Block of the Company's Rouyn property. A recent hole intersected two mineralized zones, respectively assaying 4.3 g/t gold over 13.0 metres and 35.0 g/t gold over 3.0 metres at a vertical depth of less than 200 metres.

The drilling campaign has been ongoing since January 10, 2012 with one drill rig in operation. Encouraging results at shallow depths prompted the Company to drill additional holes and a second drill rig has been mobilized to the property in order to accelerate completion of the program.

Veris Gold Corp Receives Approval to Increase Roaster Throughput

Veris Gold Corp. (TSX:VG.TO) (OTCBB:YNGFD ) (Frankfurt Xetra Exchange: NG6) is pleased to announce that, subsequent to successfully completing further testing of its state of the art emissions control equipment, the remaining restriction on the Company's roaster throughput has been removed at its wholly-owned Jerritt Canyon gold mine and processing facility in Elko County, Nevada. Jerritt Canyon is operated by Queenstake Resources USA Ltd. ("Queenstake"), a wholly-owned subsidiary of Veris Gold Corp. ("VGC" or the "Company").

Argonaut Gold and Prodigy Agree to Friendly Business Combination

Argonaut Gold Inc. (AR.TO) ("Argonaut Gold") and Prodigy Gold Incorporated (TSX VENTURE:PDG) ("Prodigy ") are pleased to announce that they have entered into an agreement (the "Arrangement Agreement") pursuant to which Argonaut Gold has agreed to acquire all of the issued and outstanding common shares of Prodigy by way of a Plan of Arrangement (the "Arrangement"). The combined entity will benefit from the strong operating experience and cash flow of Argonaut Gold and its ability to successfully advance Prodigy's Magino gold project, which has an indicated resource of more than 6 million ounces (223 million tonnes at 0.87 g/t using a cut-off grade of 0.35 g/t).