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Resource World - April 2013 - Vol 11 Iss 4

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TSXV] wholly-owns the Fox tungsten property in the south Cariboo region of British Columbia. Focus has been on the property's Ridley Creek area. On November 19, the company unveiled the final results from its latest drill campaign. Highlights included hole F12-27 at the BN prospect, which returned three mineralized intercepts: the first returned 1.78% WO3, 0.36% zinc and 1.56 g/t indium from 1.9-6 metres; the second intersected 4.04% WO3, 0.91% zinc, 4.51 g/t indium and 4.1 g/t silver from 83.2-98 metres; and the third returned 0.79% WO3 from 136-160 metres, including 5.8 metres at 2.01% WO3, 0.84% zinc, 3.9 g/t indium and 9 g/t silver. Largo Resources Ltd. [LGO-TSXV] has two tungsten interests: the Currais Novos Project in Rio Grande do Norte, Brazil, and Northern Dancer in south-central Yukon. Largo reprocesses and recovers tungsten and molybdenum (Mo) from two tailings piles at Currais Novos. Commercial production started in 2011 but was affected over 2012 by severe drought conditions, causing water levels to fall at the nearby lake utilized by the company. This negatively impacted production. The company now aims to increase output on improved throughput and recovery levels, making three or four shipments per month of tungsten concentrate. Each shipment contains 12,250 kg payable tungsten oxide. Full ramp-up is expected to be completed by end-Q1 2013. Meanwhile, Northern Dancer's measured resources stand at 130.8 million tonnes, grading 0.114% WO3 and 0.030% Mo. Indicated resources are 192.6 million tonnes, grading 0.100% WO3 and 0.029% Mo indicated. Malaga Inc. [MLG-TSX; MLGAFOTCQX] announced, on October 22, that its Pasto Bueno tungsten project's processing plant in Peru had been put into care and maintenance following the severance of a hydro-electric transmission line and damage to transmission poles. On November 9, it confirmed that the Pasto Bueno Mine had also been put into care and maintenance. On December 20, Malaga announced it had secured a 36-month $2 million loan agreement with a Peruvian bank, adding it had also entered into a contract to sell copper by-product currently stockpiled at Pasto APRIL 2013 BFL MAKES A DIFFERENCE Prospectors Rock! NEW Exclusive Insurance Package Tailored just for Rockers! •ExclusivelyAvailablefromBFLCANADA •BroaderCoverage–DesignedforExplorationRisks! – Property – Liability – Kidnap&Ransom – Directors&OfficersLiability&More •MuchLowerPremiums! •ExperiencedStaffintheMining&ExplorationIndustry! •InternationalExposuresCovered! •SuperiorServiceCommitment! Contact Us for a Quote: Vancouver: Montreal: Toronto: Janet McLean Lisa Giannone Sean Hurley 778-331-8636 514-905-4318 416-849-3097 www.BFLCANADA.ca Halifax | Quebec | Montreal | Ottawa | Toronto | Winnipeg | Calgary | Kelowna | Vancouver www.resourceworld.com 23

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