Day: March 16, 2011

Minefinders Trading Higher on 1.5X Above-Average Volume (MFN)

Mar 16, 2011 (SmarTrend(R) News Watch via COMTEX) — Shares of Minefinders (AMEX:MFN) are trading up 3.1% to $10.72 today on above average volume. Approximately 855,000 shares have traded hands today vs. average 30-day volume of 589,000 shares.

Arian Silver’s Chief Financial Officer Steps Down

LONDON, ENGLAND–(Marketwire – March 16, 2011) – Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced that Graham Potts will step down from his position as Chief Financial Officer effective immediately. Graham will remain as Corporate Secretary of Arian.

“While not an accredited accountant, Graham accepted the CFO role to assist the Company during the ’08-’09 financial

Mercator Announces Inclusion in S&P/TSX Composite Index

Mercator Minerals Ltd. (“Mercator” or the “Company”) (TSX: ML) is pleased to announce that on March 11, 2011 Standard & Poor’s Canadian Index Operations announced the addition of Mercator to the S&P/TSX Composite Index as a result of its quarterly review. The addition will be effective at market open on Monday, March 21, 2011.

Vista Gold Corp. Recaps 2010 Financial Results and Provides Update on Recent Activities

DENVER, March 16, 2011 /CNW/ — Vista Gold Corp. (“Vista” or the “Company”) (NYSE Amex and TSX: VGZ) today provided an overview of the Company’s recent operating highlights and selected financial results for the year ended December 31, 2010. The Company’s full financial results can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (the “SEC”) and the Canadian securities regulatory authorities on March 14, 2011.

Timmins Urges Board of Capital Gold Not to Postpone Capital Gold Special Meeting: Let the Shareholders Speak!

Marketwire) — 03/16/11 — Timmins Gold Corp. (TSX VENTURE: TMM). In an appearance on Canada’s Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: “We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month.” It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation.

Goldgroup Completes Its 50% Earn-In of the San José de Gracia Gold Project

Vancouver, British Columbia (March 16, 2011) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) is pleased to announce that Goldgroup has completed its US$18.0 million Earn-In with DynaResource de Mexico S.A. de C.V. (“DynaMexico”) making Goldgroup a 50% owner of the San José de Gracia gold project in Sinaloa, Mexico (“San José de Gracia”).

Argonaut Gold to begin trading on the S&P Canadian Index Operations

Toronto, Ontario – (March 16, 2011) Argonaut Gold Inc. (TSX: AR) (“Argonaut” or the “Company”) is pleased to announce that Standard & Poor’s Index Operations will be adding Argonaut Gold to the S&P/TSX Global Gold Index and the Global Mining Index, effective as at the open on Monday, March, 21, 2011. The S&P/TSX Global Gold Index and Global Mining Index are leading benchmarks of the global gold and mining industry sectors.

At the end of 2010, Argonaut Gold had a fully diluted market cap of $383 million and an average trading volume of 150,000 shares a day. Since closing the Pediment Gold transaction on February 1, the fully diluted market capitalization is approximately $560 million with average trading volume of over 400,000 shares. The Pediment Gold transaction added approximately 30 million shares.

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.