Waymar Intersects 40.5 Meters Grading 14.1 g/t Gold at Anza

Waymar Resources Ltd. ("Waymar" or the "Company") (WYM.V) is pleased to report significant results from four additional diamond drill holes on its Anza property, Antioquia Department in the Republic of Colombia. These holes are part of an overall drilling program designed to identify and expand the high grade gold mineralization along the Aragon Fault.

"The high grade gold zone intersected in drill-hole MAP-38 returned our highest grades so far and confirms the continuity of the mineralization intersected in drill-hole MAP-21," commented Pablo Marcet, President and CEO of Waymar. "We are extremely pleased with the progress of our drilling program. We continue to expand our high grade zones and the size of the overall deposit."

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Fortuna Reports Cash Flow of US$15.72 Million and Net Income of US$3.85 Million in the Second Quarter of 2012

Fortuna Silver Mines, Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI) (Frankfurt: F4S.F) is pleased to announce that it has filed its financial statements and MD&A for the three and six months ended June 30, 2012. The full documents are available on SEDAR and have also been posted on the company's website at http://www.fortunasilver.com/s/financial_reports.asp.

Second Quarter 2012 Highlights:
    Cash generated by operating activities before changes in working capital of US$15.72 million, up 76% over the prior year period (Q2 2011: US$8.91 million)

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Freegold Intersects 90.5 metres grading 1.10 g/t Au Golden Summit Project, Alaska

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to report the results from its ongoing drill program on the Golden Summit Project located near Fairbanks, Alaska. Drilling at Golden Summit was conducted with two rigs from mid January through mid-April with one rig operating from mid May until now.  Drilling has been primarily focused in the Dolphin and Cleary Hill Areas.

To date a total of approximately 35,000 metres have been drilled in the Dolphin/Cleary Hill areas of which 11,802 metres have been incorporated into the current NI 43-101 compliant resource at Dolphin. All drilling will be incorporated into the updated NI 43-101 resource which is expected to be completed by late September/early October.

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Northern Tiger Resources Channel Samples 132.91 g/t Gold Over 6.9 Metres Along Strike on New Sleeping Giant Zone Discovery - 3Ace Project, Yukon

Northern Tiger Resources Inc. ("Northern Tiger" or the "Company") (TSX VENTURE:NTR) is pleased to announce that channel sampling on a newly exposed quartz vein exposure in the Sleeping Giant Zone has confirmed the high-grade nature of the gold mineralization previously reported from chip sampling (eleven continuous one metre chip samples taken along the strike of the new vein exposure returned a weighted average of 50.3 g/t gold - see new release dated July 31, 2012). Seven separate continuous channel samples totalling 32 metres now test the entire 25 metre exposed strike length of the vein, and include 132.91 g/t gold over 6.9 metres.

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Avion Gold Corporation Announces Acquisition by Endeavour Mining Corporation and a US$20,000,000 Exchangeable Debt Financing

Avion Gold Corporation ("Avion") (AVR.TO)(AVGCF) is pleased to announce today that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with Endeavour Mining Corporation ("Endeavour"), pursuant to which Endeavour has agreed to acquire all of the issued and outstanding common shares ("Avion Shares") of Avion by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement").

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