Day: May 15, 2014

Arian Silver’s MD&A and Results for the Three Months Ended 31 March 2014

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, announces today the release of its Management’s Discussion and Analysis and unaudited Financial Statements for the three months ended 31 March 2014.

Gold Resource major shareholder Mining Plc Hochschild Sells 2,250,000 Shares (GORO)

Gold Resource major shareholder Mining Plc Hochschild unloaded 2,250,000 shares of the stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $3.92, for a total transaction of $8,820,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

Lincoln Announces Effective Date of Share Consolidation

Lincoln Mining Corporation announces that, further to the Company’s news release dated May 2, 2014; it will proceed with a share consolidation of its issued and outstanding common shares. The Company’s name and trading symbol will remain unchanged.

Defiance Silver Corp.: Shares for Debt Transaction

Defiance Silver Corp. announces that it has arranged to settle an aggregate of $281,294 of outstanding debt owing to certain directors, officers and consultants by paying $82,108 in cash and issuing an aggregate of 1,991,920 common shares at a deemed price of $0.10 per common share.

Torex Reports First Quarter Results

Fred Stanford, President and CEO of Torex stated, “The El Limon-Guajes Project construction is on schedule and on budget, with over 900,000 hours of work without a lost time injury. The recently signed US375 million commitment letter for a debt agreement, once closed and assuming no additional capital requirements by the ESIA, will provide full funding for the Project and was a major de-risking step. Other recent de-risking steps include the receipt of the final required construction permits and the assembly of Torex’s outstanding construction team that will build and operate the project. Our current exploration effort has shifted to the evaluation of the Media Luna resource, and field surveys to identify additional drill targets similar to those that host ore deposits on the property. At the end of March 2014, of the US725 million Capex project budget, over US400 million has been committed and over US152 million has been invoiced. Building on our successful “on time-on budget” start-up, we are well positioned to pour our first ounce of gold in the third quarter of 2015.”

Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.