Month: April 2013

Gold Resource Corporation Declares April Monthly Dividend; Modifies Instituted Monthly Dividend

Gold Resource Corporation declares its monthly dividend for April 2013 payable on May 23, 2013 to shareholders of record as of May 13, 2013. The Company is modifying its monthly instituted dividend from $0.06 per share per month to $0.03 per share per month starting with the April dividend due to precious metal price market volatility and capital needed for current expansion activities. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $81 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Sierra Metals announces pre-feasibility study to provide supporting details for the Bolivar Mine, Mexico (Revised)

Sierra Metals Inc. (previously Dia Bras Exploration) is pleased to provide this revised news release which includes additional supporting details on the pre-feasibility study completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico announced on April 17, 2013. The study, mine plan and reserve estimate are based on Gustavson’s work and mine plan.

High Desert Gold Corporation Files Fiscal 2012 Annual Financial Statements

High Desert Gold Corporation reports that it has released its audited consolidated financial statements for the year ended December 31, 2012 and the related management’s discussion and analysis of financial position and results of operations. In this press release, all amounts are reflected in U.S. dollars.

Kootenay closes $4.75M Private Placement with Agnico-Eagle Mines Limited

Kootenay Silver Inc. announces the closing of a $4,750,000 private placement with Agnico-Eagle Mines Limited previously announced by the Company on April 23, 2013. An aggregate of 6,250,000 units at a purchase price of $0.76 per Unit were issued to Agnico-Eagle pursuant to the Private Placement, with each Unit consisting of one common share in the capital of the Company and one-half of one transferrable common share purchase warrant. Each Warrant entitles Agnico-Eagle to acquire one Common Share at an exercise price of $1.08 until April 26, 2015. All of the securities issued pursuant to the Private Placement are subject to a hold period until August 27, 2013.

First Mexican and Buenaventura Agreement Update

First Mexican Gold Corp. wishes to announce that the agreement announced January 21, 2013 and amended March 26, 2013, with Compañía de Minas Buenaventura S.A.A. has been extended to May 10, 2013.

Amarium Provides Corporate Update

Copper Market & Asset Expansion – Since our announcement in February 2103 stating the Company’s new corporate focus on mineral exploration and development in Mexico, our shareholders have been very enthusiastic and supportive. While we are currently vetting investment opportunities in both precious and base metals, our primary focus is on acquiring a substantial copper deposit with existing small-scale production facilities

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.