Month: March 2013

New Millennium Iron Corp. announced today its financial results for the fourth quarter and year ended December 31, 2012.

High Desert Gold Corporation reports that an associate company, South American Silver Corp. has released its audited financial statements for the year ended December 31, 2012, and that the audited financial statements of SASC contain certain summary financial disclosure related to the financial position of HDG. SASC’s audited financial statements for the year ended December 31, 2012 can be found on SEDAR at www.sedar.com.

Vista Gold Corp. today announced that it has closed and drawn a $10 million loan facility with Sprott Resources Lending Partnership that provides the Company with funding to continue its evaluation of its Mt. Todd gold project in Northern Territory, Australia.

Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company held the Annual and Special Meeting of Shareholders on Thursday March 28, 2013.

Quaterra Resources Inc. announces that its board of directors has approved an advance notice policy for the purpose of providing shareholders, directors and management of Quaterra with a clear framework for nominating directors. The Policy is designed to further Quaterra’s commitment to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.

Chesapeake Gold Corp. wishes to announce the filing of a National Instrument 43-101 compliant independent Technical Report relating to a Preliminary Feasibility Study on its 100%-owned Metates Gold Silver Project located in Durango State, Mexico. The PFS incorporates significant scope changes and updated engineering work as well as updated capital and operating cost estimates since the completion of the Preliminary Economic Assessment dated April 25, 2011. The Technical Report supports Chesapeake’s February 1, 2013 news release which discussed the results of the PFS.

Camino Minerals Corporation is pleased to announce that it has completed a non-brokered private placement and that the financing has been over-subscribed (see the Company’s news release dated February 15, 2013). The Company raised gross proceeds of $2,170,000, which will be used to fund a diamond drill program at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico, and for general working capital.

SilverCrest Mines Inc. is pleased to announce the filing of a National Instrument 43-101 compliant updated La Joya resources Technical Report including preliminary metallurgical test results for the La Joya Property in Durango, Mexico. The Technical Report – titled “Updated Resource Estimate for the La Joya Property, Durango, Mexico” dated March 27, 2013 – has been filed on SEDAR and is available at www.sedar.com. This Technical Report supports the Company’s January 29, 2013 news release which announced the updated resource estimation.

IMPACT Silver Corp. is pleased to announce that the audited financial and production results for the fourth quarter and year ended December 31, 2012, will be released on Monday, April 1, 2013, prior to market open. The conference call reviewing the fourth quarter and year end results will be available on the Company’s website, www.IMPACTSilver.com, on April 1, 2013 after the close of trading.

Aurcana Corporation is pleased to announce approval of the proposed consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every eight pre-consolidation common shares.

Torex Gold Resources Inc. announced today its financial results for the fourteen months ended December 31, 2012.

First Majestic Silver Corp. announces that its 2012 audited financial statements have been filed on SEDAR. In addition, a Form 40-F report has been filed with the United States Securities and Exchange Commission and is available on EDGAR. Both documents are also available on the Company’s website at www.firstmajestic.com.

Aurcana Corporation is pleased to announce that it will hold a webcast and teleconference to discuss its year-end and fourth quarter 2012 financial results as well as provide an operational update, on Friday, April 12, 2013.

Serengeti Resources Inc. reports the appointment of a new Chief Financial Officer, effective April 1, 2013. Ms. Sheri Rempel, currently Serengeti’s Controller, will replace Alec Peck, who has tendered his resignation as CFO. The Company wishes to thank Mr. Peck for his service to the Company.

Corex Gold Corp. is pleased to announce today that Hamish Greig has been appointed to its Board of Directors.

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for March 2013 payable on April 25, 2013 to shareholders of record as of April 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Newstrike Capital Inc. is pleased to report its maiden resource estimate prepared in accordance with National Instrument 43-101 for its flagship Ana Paula Project in the Municipalities of Cuetzala del Progreso and Apaxtla de Castrejón, Guerrero State, Mexico. The Ana Paula mineral resource estimate was developed by Independent Mineral Consultants of Tucson, Arizona, USA for Newstrike under the direction of Mr. H. E. Welhener. The resource is based on 130 diamond core drillholes aggregating 67,943 metres and containing 45,512 assay intervals, of which effectively all are assayed for gold and silver. The mineral resource estimate has an effective date of February 26th, 2013. A full report prepared in accordance with NI-43-101 will be filed on SEDAR within 45 days of this news release. The recommendations from the Report will be used to optimize the pit (see below) and advance the economic viability of the Ana Paula resource.

Marlin Gold Mining Ltd. is pleased to announce the completion of its rights offering on the TSX Venture Exchange, which expired at 4:00 p.m. (Eastern time) on March 25, 2013. The shareholders of Marlin Gold, including Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, the Company’s largest shareholders, exercised rights to acquire 201,920,635 common shares of the Company under both the basic subscription privilege and the additional subscription privilege which resulted in the Rights Offering being oversubscribed by 14,405,229 shares. The Company has issued an aggregate of 187,515,406 common shares at a price of $0.08 per Share for gross proceeds of $15,001,232 pursuant to the Rights Offering.

Currently on the books, Kootenay Silver’s silver equivalent resource on its flagship Promontorio silver project contains a combined Measured and Indicated silver resource of 61,679,000 silver equivalent ounces (37.5M oz’s Silver, 372M lb’s Lead, 436.9M lb’s Zinc). In addition to the measured and indicated silver resources, there are an additional 14,469,000 silver equivalent ounces in the Inferred category (9.6M oz’s Silver, 77.6M lb’s Lead, 85.3M lb’s Zinc).

Coeur d’Alene Mines Corp., a silver and gold producer with operations in Nevada, Alaska, Mexico and Bolivia, will move its corporate headquarters to downtown Chicago later this year after 85 years in Idaho.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce strategic revisions to the Company’s business plan, improvements to its capital structure and additions to its Board of Directors. Highlights include:

First Mexican Gold Corp. wishes to announce that the agreement announced January 21, 2013, with Compañía de Minas Buenaventura S.A.A., has been extended by 10 days to effect the orderly transfer of land rights with the Bureau of Mines, Mexico.