Month: March 2014

Primero Reports 32% Increase in 2013 Year-End Gold Mineral Reserves and 23% Increase in Gold Mineral Reserve Grade at San Dimas

Primero Mining Corp. PPP today announced year-end Mineral Reserves and Mineral Resourcesfor its San Dimas mine in Mexico. The Company reported that Provenand Probable Gold Mineral Reserves increased 32% over year-end 2012,to 870,000 ounces, at a 23% higher grade. Measured and Indicated GoldMineral Resources increased 28% over year-end 2012 to 997,000 ounces(inclusive of Mineral Reserves).

Primero Announces Closing of Brigus Acquisition

Primero Mining Corp. is pleased to announce the successful completion of the previously announced plan of arrangement, whereby Primero has acquired all of the outstanding shares of Brigus Gold Corp. Brigus’ principal assets are the wholly owned Black Fox mine and mill, and adjoining properties, Grey Fox and Pike River in the Timmins Gold District of Ontario, Canada.

VVC Exploration Announces Appointment of Frontier as Investor Relations Firm and Closing of $857,475 Private Placement

VVC has retained FronTier Consulting Ltd., part of the FronTier Merchant Capital Group, a leading strategic communications advisory firm, to be its investor relations advisors. VVC’s CEO, James a Culver, commented, “We look forward to working with the FronTier team in supporting and strengthening VVC’s financial community communications activities. FronTier’s track record of assisting successful financial communications programs directly supports the overall execution and evolution of our strategy as VVC forges towards production at its Samaluyuca Project.”

Fresnillo, Plc – Dividend Notice

Pursuant to Listing Rule 9.7A.2, Fresnillo plc confirms that the special dividend of US 6.8 cents per share, which was announced alongside the company’s 2013 Preliminary results on 4 March 2014, will be paid on 22 May 2014 to shareholders on the register as at 2 May 2014 , subject to the approval of the dividend at the forthcoming annual general meeting of the Company.

Goldcorp Inc. (GG) Announces Monthly Dividend of $0.05

Goldcorp (NYSE:GG) declared a monthly dividend on Tuesday, March 4th, American Banking & Market News reports. Investors of record on Thursday, March 13th will be given a dividend of 0.05 per share on Friday, March 21st. This represents a $0.60 dividend on an annualized basis and a yield of 2.21%. The ex-dividend date of this dividend is Tuesday, March 11th.

GoGold Announces Successful Acquisition of Animas – 98% of all Eligible Stock for Tender was Acquired – 84% of all Outstanding Animas Shares were Tendered to the Offer

GoGold Resources Inc. today announced that it has been informed by the depositary for the offer that, as of its expiration at 7:00 p.m. (Toronto time) on February 28, 2014, a total of 60,187,546 common shares of Animas Resources Ltd. and 12,500,000 share purchase warrants, representing in the aggregate 82.8% of the outstanding Animas Shares (on a fully diluted basis), had been validly tendered to GoGold’s offer to acquire all of the outstanding Animas Shares and Animas Warrants. The Offer has expired and will not be extended. GoGold has taken up and accepted for payment all such Animas Shares and Animas Warrants and will pay for such Animas Shares and Animas Warrants on or before March 5, 2014. Following the acquisition of such Animas Shares and Animas Warrants, GoGold will own and control 84% of the outstanding Animas Shares and all Animas Warrants, representing approximately 82.8% of the outstanding Animas Shares (on a fully diluted basis). GoGold will acquire the Animas Shares and Animas Warrants pursuant to a take-over bid offer dated January 23, 2014 and in reliance on Section 2.16 of National Instrument 45-106 – Prospectus and Registration Exemptions. Animas had 10,213,639 shares held by shareholders resident in US states which pursuant to US securities regulations were not permitted to receive the Offer by mail. Therefore, of shares eligible to receive the Offer, 98.0% validly tendered their shares (not taking into account any variances in US holders after the Offer).

Bacanora Reports Infill Drill Results Re La Ventana Concession, Sonora Lithium Project, Mexico

Bacanora Minerals Ltd. is pleased to announce that it has received the analytical results from 5 recently completed holes drilled into the lower clay unit on the La Ventana concession in northern Mexico. The Concession is owned 100% by Bacanora. Significant lithium-bearing intervals were intersected in all of the drill holes. The weighted average values for these intercepts are listed below (Table 1).

Starcore Earns $1.6 Million in the Second Quarter

Starcore International Mines Ltd. has filed the results for the second quarter ended January 31, 2014 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website atwww.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.

Gold Resource Corporation Expands Switchback Discovery Mineralization

Gold Resource Corporation today provided an update on the Switchback discovery drill highlights at its ElAguila Project in Mexico. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.The Company has returned over $95 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

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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.