Year: 2014

Seeking Alpha – Almaden Minerals: Making Sense Of The Spinout

Almaden Minerals (NYSEMKT:AAU) is a prospect generator focused on gold and silver assets, and its Ixtaca Project in Mexico in particular. Prospect generators come in many different forms, but they are all guided by the philosophy that finding and defining a mineral resource requires a different skill-set from developing and operating a mine. Consequently they decide to focus on the former, and they generate value from their properties by selling them to companies focused on developing and operating mines. In exchange prospect generators receive cash, or sometimes something that allows them to retain some interest in the project without laying out additional capital such as stock in the company or a royalty on the mine.

Goldcorp declares eleventh monthly dividend payment for 2014

;LDCORP INC. is pleased to declare its eleventh monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, November 20, 2014 will be entitled to receive payment of this dividend on Friday, November 28, 2014.

Santacruz Silver Files San Felipe Preliminary Economic Assessment Report

Santacruz Silver Mining Ltd. announces that further to its news release dated September 11, 2014, it has filed an independent NI 43-101 technical report in respect of a resource estimate and preliminary economic assessment for the Company’s San Felipe Project in Sonora State, Mexico. The report is available under the Company’s profile on SEDAR at www.sedar.com. The results of the resource estimate and PEA were previously announced in the Company’s news release dated September 11, 2014.

McEwen Mining Files Early Warning Report in Connection With Private Placement in Visible Gold Mines Inc.

McEwen Mining Inc. has subscribed, by way of a private placement, 8,333,333 common share units of Visible Gold Mines Inc. at a price of $0.06 per Unit for an aggregate amount of $500,000. Each Unit consists of one common share and one warrant. Each warrant entitles McEwen Mining to purchase one additional common share in Visible Gold at a price of $0.10 until April 27, 2016. The common shares and warrants purchased pursuant to the Transaction represent ownership of approximately 10.4% of the issued and outstanding shares of Visible Gold post closing (or approximately 18.9% on a partially diluted basis).

Lincoln Closes Sale of La Bufa Property, Shares for Debt Transacton

Lincoln Mining Corporation is pleased to announce the closing of the sale of the La Bufa property to Endeavour Silver Corp. The Company received 85,587 shares of Endeavour representing a total consideration equal to 90,000 common shares of Endeavour at a deemed price of $4.88 per share less that number of shares equal to the Prepayment Amount.

Cayden securityholders approve acquisition of Cayden by Agnico Eagle

Cayden Resources Inc. is pleased to announce that the plan of arrangement, pursuant to which Agnico Eagle Mines Limited will acquire all of the issued and outstanding common shares of the Company, including common shares issuable on the exercise of outstanding options and warrants of the Company, was approved by shareholders and other security holders of Cayden at the special meeting of Cayden security holders held on October 27, 2014. At the meeting, approximately 99.0% of the votes cast by Cayden security holders, voting as a single class, and 98.5% of the votes cast by Cayden shareholders were voted in favour of the Arrangement.

Aurcana Sets New Production Record in Third Quarter

Aurcana Corporation is pleased to report the Q3 2014 production results of 997,530 ounces silver equivalent compared to 754,828 in Q3 2013, an increase of 32%. Silver equivalent production for the Q3 2014 increased 26.8%, compared to Q2 2014. Silver production increased 32% to 412,062 in Q3 2014, compared to 312,122 in Q3 2013.

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