Eldorado Gold Corporation ("Eldorado") ("the Company" or "We") (TSX:ELD)(NYSE:EGO)(ASX:EAU) today confirmed its intention to be removed from the official list of the Australian Securities Exchange ("ASX") effective at the close of trading on August 31, 2012 (Sydney time). Eldorado had previously announced on February 24, 2012 that it intended to de-list from the ASX (see news release 12-09).

Third consecutive quarter of growth in revenues, cash flow, production and net income.

Drilling was suspended at the Siribaya Gold Project in West Mali by project operator IAMGOLD Corporation ("IAMGOLD") shortly after the March 22, 2012 coup in Mali.

GoldQuest Mining Corp. (the "Company") (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) is pleased to announce that it has entered into an agreement with Dundee Securities Ltd. (the "Lead Underwriter") on behalf of a syndicate of Underwriters including Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and Raymond James Ltd. (the "Underwriters") under which the Underwriters have agreed to purchase, on a bought deal private placement basis, 11,112,000 common shares (the "Shares") at a price per Share of $0.45 for total gross proceeds of $5,000,400 (the "Offering").

Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:CWM) announces that it has signed an agreement with a subsidiary of Hecla Mining Company for the sale by Crown of certain unpatented mining claims and the transfer and/or assignment of certain mining leases and other assets comprising Crown's Monte Cristo property in Esmeralda County, Nevada, U.S.A. (collectively, the "Purchased Assets") for US$4,500,000 in cash, plus a potential additional purchase price payment of US$1,000,000 conditions are met.

Impact Silver reported on Tuesday a net loss of $0.1 million in the first quarter of 2012 compared with $2.5 million in net earnings for Q1 2011. Earnings per share were $0.00 in Q1 compared with $0.04 in 2011.

Alexis Minerals Corporation (TSX:AMC)(OTCQX:AXSMF) ("Alexis" or the "Company") is pleased to announce that it has received formal credit approval from Credit Suisse for a US $45 million, 4 1/2-year term loan to further the development of the Snow Lake Mine.

Lake Shore Gold Corp.(TSX:LSG)(NYSE MKT:LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has commenced safety, ventilation and maintenance checks at its Timmins West Mineas of 7:00 pm on Sunday, May 27, 2012, with full production at the mine to resume tomorrow morning (Monday, May 28, 2012) at 7:00 am.

Newport Gold Inc. (OTCQB:NWPG) (the "Company", "Newport") has confirmed the presence of high-grade gold mineralization at the Molly Gibson Mine at Newport's 100% owned Burnt Basin Property (the "Property").

White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announces that its wholly-owned subsidiary, Century Mining Corporation ("Century"), has received a notice from Deutsche Bank AG, London Branch ("Deutsche Bank"), advising that Deutsche Bank has elected to terminate its Forward Gold Purchase Agreement (the "Forward Agreement") with Century as a result of the occurrence and continuation of an event of default (the "Default").

LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwire - May 25, 2012) -

Victoria Gold Corp. (TSX VENTURE:VIT) "Victoria" or the "Company") ("Victoria" or the "Company") is pleased to announce that it has entered into a Purchase and Sale Agreement (the "PSA") with a wholly-owned subsidiary of Barrick Gold Corporation ("Barrick"), to sell its interest in the Mill Canyon Property (the "Property"), located in Eureka and Lander Counties, Nevada.