Month: March 2015

Timmins Gold Corp. is pleased to announce that the Company is scheduled to mail its Management Information Circular dated March 23, 2015 in connection with its previously announced arrangement with Newstrike Capital Inc. on March 30, 2015. The annual and special meeting of Timmins Gold security holders to vote on the Arrangement and other corporate matters is scheduled for April 29, 2015.

Radius Gold Inc. announces that as a result of the conversion of $300,000 of a debt owing to Radius by Southern Silver Exploration Corp. Radius has acquired direct ownership of 6,000,000 common shares in Southern Silver. The Shares were issued at a deemed price of $0.05 per Share and represent 13.49% of Southern Silver’s outstanding common shares.

Scott Drever, Chief Executive Officer and Director, stated; “2014 was another challenging but successful year for SilverCrest, as we transitioned from an open pit heap leaching operation at Santa Elena to an underground mining and milling operation. By the start of the fourth quarter, we had successfully commissioned both the underground mine and the 3,000 tonnes per day mill and processing facilities. SilverCrest achieved 93%…

“We had a good start to 2014, though water management slowed development into the Rodilla and 623 mantos later in the year,” stated Brendan Cahill, President and Chief Executive Officer. “Production results during the second half of the year were disappointing, with higher operational costs due to an increased focus on development. That said, improved water management is a clear path to improving production, profitability and cash flows from Platosa, even at current silver prices, and we are increasingly confident in our plan to solve Platosa’s water issues permanently.

Jim Bannantine, the Company’s President and Chief Executive Officer stated “Despite a difficult time in the market, we have been able to finance Aura’s requirements twice during 2014 with the support of our lenders, pay down our third party debt requirements and exceed the top end of our production guidance at our gold mines in 2014.

Morro Bay Resources Ltd., a gold and silver exploration company targeting historic mining districts in the prolific Durango Silver belt, today announced it has engaged CHF Investor Relations, a highly regarded Canadian investor relations firm headquartered in Toronto, as its IR partner.