SilverSeek.com 2013 Virtual Silver Investment Conference: THURSDAY - JANUARY 31

COMEX Silver Inventory Update: +272,912.31 ounces

Gold closed in New York at $1,588.00 after rising to $1.600 at it daily peak on Friday. London’s morning Fix today was set at $1,584.00 and in the euro close to its recent high at €1,300.172, while the euro stood at €1: $1.2183 and was still falling. Ahead of New York’s opening gold stood at $1,585.00 in the middle and in the euro at €1,299.81.

iShares Silver Trust: 9,733.39 tonnes

COMEX Silver Inventory Update: +2,185,833.43 ounces

New York gold closed at $1,615.90 almost the same as the day before. Asia and London kept it there in the London day. Gold was Fixed at $1,615.25 up 15 cents on Friday’ p.m. Fix. In the euro it was Fixed at €1,306.837 down €5 on Friday’s p.m. Fix, while the euro stood at €1: $1.2360. Ahead of New York’s opening, gold was steady at $1,615.00 in the middle and in the euro at €1,310.55.

iShares Silver Trust: 9,733.39 tonnes

COMEX Silver Inventory Update: -215,235.200 ounces

New York gold closed at $1,620.70 up $5 on the day. Asia and London initially took it to $1,622 but when the euro moved stronger to €1: $1.2459 up from €1: $1.2360 gold started to rise after the Fix which was set at $1,624.00. In the euro it was Fixed at €1,308.939 slightly down on yesterday. After the Fix and just ahead of New York’s opening, gold ran up to $1,636 in the middle and in the euro to €1,313.42.

Despite promises of ECB and Fed money printing, NOTHING has improved economically; to the contrary, things have only gotten worse, masked by August vacations and PPT support in ultra-thin equity markets sporting multi-year volume contractions, a product of massive investors outflows due to ongoing losses and fears of brokerage failures and HFT fraud.

Due to improved metallurgical results and improved economics, the Company decided to re-state the previously released Pre-Feasibility Study dated March 31, 2012. This updated and restated NI 43-101 TR and PFS also considers further exploration and development work completed as at the cut-off date of June 30, 2012. These estimates include all work completed as at the cut-off date, including a total of 45,143 metres of diamond drilling over 141 holes and underground development totalling 9,850 metres. Six drill rigs remain active on site and a total of 5,725 metres drilled over 13 holes subsequent to the cut-off date were not included in this report.

iShares Silver Trust: 9,733.39 tonnes