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Rye Patch Expands Mystic and South Packard Pediment Silver-Gold Zones and Identifies New Mineralization at West Pediment

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The reverse-circulation drilling program was completed in late November 2012, and focused on three areas - Mystic, South Packard Pediment and West Pediment. A total of 1,939 metres (6,360 feet) of reverse-circulation drilling were completed in twelve drillholes. The results of this program are summarized in Table 1.

---------------------------------------------------------------------------Table 1: LH Claims 2012 Reverse-Circulation Drillhole Assay Results---------------------------------------------------------------------------                                                    Drill-                                                     hole                                                    Inter-            Total                                                      val               Dep-                                         Aueq  Ageq   met- From    To    th                               Au    Ag    (1)   (1)  res   met-  met-  met-Hole ID Target                g/t   g/t   g/t   g/t    (2)  res   res   res---------------------------------------------------------------------------RMR-053 West Pediment       0.013  22.4 0.461  23.1   1.5  42.7  44.2 153.9---------------------------------------------------------------------------RMR-054 West Pediment       0.112   0.3 0.118   5.9   3.0 164.6 167.6 225.6---------------------------------------------------------------------------RMR-055 West Pediment       0.019   6.1 0.141   7.1   1.5  89.9  91.4---------------------------------------------------------------------RMR-055 West Pediment       0.012   5.5 0.122   6.1   1.5 102.1 103.6 118.9---------------------------------------------------------------------RMR-055 West Pediment       0.014   6.2 0.138   6.9   1.5 108.2 109.7---------------------------------------------------------------------------RMR-056 West Pediment       0.009   7.1 0.151   7.6   1.6  59.4  61.0 144.8---------------------------------------------------------------------------RMR-057 West Pediment       0.009   4.9 0.106   5.3   7.7  92.9 100.6 195.1---------------------------------------------------------------------------RMR-058 Mystic              0.008   5.8 0.124   6.2  15.2  54.9  70.1 150.9---------------------------------------------------------------------------RMR-059 Mystic              0.012   6.8 0.148   7.4  24.4  56.4  80.8 147.8---------------------------------------------------------------------------RMR-060 Mystic              0.030  10.3 0.236  11.8 182.9  33.5 216.4---------------------------------------------------------------------   Including                0.016  18.5 0.387  19.3   9.2  39.6  48.8---------------------------------------------------------------------   Including                0.061  25.9 0.580  29.0   4.6 121.9 126.5 225.6---------------------------------------------------------------------   Including                0.038  18.1 0.400  20.0  12.2 153.9 166.1---------------------------------------------------------------------   Including                0.075  20.6 0.488  24.4  38.1 178.3 216.4---------------------------------------------------------------------------RMR-061 Mystic              0.015   4.8 0.111   5.6   1.5 176.8 178.3 182.9---------------------------------------------------------------------------RMR-062 South Packard       0.175  64.2 1.458  72.9  94.5   0.0  94.5        Pediment---------------------------------------------------------------------   Including                0.265  99.5 2.254 112.7  57.9  33.5  91.4  99.1---------------------------------------------------------------------   Including                0.708 240.2 5.513 275.7  18.3  45.7  64.0---------------------------------------------------------------------------RMR-063 South Packard       0.034  18.8 0.410  20.5 117.3   0.0 117.3        Pediment---------------------------------------------------------------------   Including                0.095  49.5 1.085  54.3    29  82.3 111.3 141.7---------------------------------------------------------------------   Including                0.423 188.4 4.190 209.5   4.6  82.3  86.9---------------------------------------------------------------------------RMR-064 South Packard                          NSV                    152.4        Pediment---------------------------------------------------------------------------Cutoff grade: Ageq = 5 g/t(1) Aueq = Au + (Ag / 50) & Ageq = Ag + (Au x 50)(2) True Thickness Unknown(NSV) No Significant Values

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