Gold Resource Corporation Consolidates Mineralized Trend at Isabella Pearl Project With Claim Acquisition

COLORADO SPRINGS, CO--(Jan 9, 2017) - Gold Resource Corporation (NYSE MKT: GORO) (the "Company") today announced the acquisition of additional exploration mining claims, which consolidate the mineralized trend of its Isabella Pearl gold development project in Mineral County, Nevada. The claims were acquired from Nevada Select Royalty Inc. ("Nevada Select"), a wholly-owned subsidiary of Ely Gold and Minerals Inc. (TSX VENTURE: ELY) (OTC: ELYGF). Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $109 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.
 
The Company acquired 100% of 153 mining claims from Nevada Select for US$460,000, which included shares of restricted common stock valued at $300,000, and cash of $100,000, plus a one-time advanced royalty cash payment of $60,000. Nevada Select retained a net smelter return royalty (NSR) of 2.5% on the claims. The Company has the right to buy down 0.5% percent of the NSR on the claims for US$500,000. 
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Beaufield prioritizes Urban-Windfall district Exploration

MONTREAL, QUEBEC--(Jan. 6, 2017) - Beaufield Resources Inc. ("Beaufield") (TSX VENTURE:BFD) is pleased to provide its Urban-Windfall district exploration plans. New drill permits have been received and drilling is scheduled to resume in January 2017.
 
The Urban property is to remain the principal focus of the corporation's exploration activities for 2017. Centrally located within the Urban-Windfall area, the property consists primarily of 3 blocks of claims originally acquired in 1987 when access and infrastructure were non-existent at the time. The 100% owned, 12,735 hectare property host a number of important gold occurrences and excellent geology, and is easily accessible by road year round.
 
A review of the property's historical data, including geology, geophysics and drilling has indicated a number of important targets on the large property. The four areas of interest below will be the main focus of the company's 2017 exploration and drilling work.
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First Mining Finance Files Amended Resource Estimate for Pitt Gold Project

VANCOUVER, BRITISH COLUMBIA--(Jan. 6, 2017) -First Mining Finance Corp. ("First Mining" or the "Company") (TSX VENTURE:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) announces that today it filed an amended independent Technical Report for its Pitt Gold Project which has been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The report is entitled "NI 43-101 Technical Report and Review of the Preliminary Resource Estimate for the Pitt Gold Project, Duparquet Township, Abitibi Region, Quebec, Canada".
 
The Technical Report for the Company's Pitt Gold Project covers veins 1, 2, and 3, with a combined Inferred mineral resource of 1,076,000 tonnes grading 7.42 g/t Au containing 257,000 ounces Au. A cut-off grade of 3.0 g/t Au over a minimum horizontal width of 1.5 metres was used to calculate the Inferred resources set out in the Technical Report which has an effective date of December 15, 2016 and was prepared by Micon International Limited ("Micon").
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GoGold Production Increases 122% over Previous Quarter

HALIFAX, Jan. 5, 2017 - GoGold Resources Inc. (TSX: GGD) ("GoGold", "the Company") announces production for the quarter ended December 31, 2016 of 406,897 silver equivalent ounces. This represents an increase of 122% over the previous quarter. 
 
The production increase was driven by a full quarter of production from the Santa Gertrudis high grade zone recently discovered and improvements at Parral. The Santa Gertrudis high grade material represented approximately 50% of the quarterly production. The Company continues processing the high grade material during the construction of the vat leach plant.
 
Production at Parral continued to improve each month during the quarter and this improvement is expected to continue into the quarter ended March 31, 2017.
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Torex Intercepts High-Grade Gold Mineralization Under El Limon "Sill"

TORONTO, ONTARIO--(Jan. 5, 2017) - Torex Gold Resources Inc. (the "Company" or "Torex") (TSX:TXG) is pleased to announce the results of the first portion of its drilling program under the 'El Limon Sill'. Highlighted intercepts from the El Limon Sill exploration program include 317.8 g/t Au over 3.4m in borehole SST-01, 230.7 g/t Au over 2.4m in borehole SST-19, 19.6 g/t Au over 9.6m in borehole ST-25, 22.6 g/t Au over 13.3m in borehole SST-27 and 83.3 g/t Au over 4.3m in borehole SST-34.
 
Fred Stanford, President & CEO of Torex stated: "Today's high grade, under the sill, exploration results provide an exceptional start to the new year, and an equally exceptional opportunity to add significant resources in close proximity to existing operations. 3.4 meters of 10 ounces per tonne tends to bring a smile and an imperative to move quickly.
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