Year: 2015

Silver Spruce Finalizes Purchase Agreement for Pino de Plata Property

Silver Spruce Resources Inc. wishes to announce that, as contemplated in its news releases dated June 18, 2015 and based on the results of its maiden NI 43-101 exploration report, the Company has finalized a Purchase Agreement for the Pino de Plata epithermal silver/base metal/gold property located in the Sierra Madre Occidental gold/silver belt in western Chihuahua state, Mexico. The NI 43-101 report was filed on SEDAR and summarized in a news release dated August 12, 2015.

Almaden Files Amended 2014 Technical Report

Almaden Minerals Ltd. announces that as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure. The review identified filing and disclosure issues with the technical report titled, NI 43-101 Technical Report Preliminary Economic Assessment of the Ixtaca Project, Mexico filed on October 9th, 2014. The Company has amended the report accordingly, which has now been refiled on SEDAR as an amended report. The Company wishes to clarify that the amendments are not material changes and the Report’s data, inputs, interpretation, conclusions and results all remain unchanged. The items amended according to NI 43-101 guidelines are listed below in order of appearance in the original report.

Baja Class Action Settlement Agreement Finalized

Baja Mining Corp. is pleased to report that further to its news release on October 6, 2015 announcing settlement of the Donohue class action litigation, a final settlement agreement has been executed by all parties. The Settlement remains subject to the approval of the Ontario Superior Court as described below. The Settlement is made without any admission of liability and the parties have agreed to a settlement amount of CDN $11,000,000.00, inclusive of administration and legal cost of the class, and any other costs or expenses related to the Action or the Settlement. The settlement amount will be covered by Baja’s insurers.

Goldcorp Declares Eleventh Monthly Dividend Payment For 2015

GOLDCORP INC. is pleased to declare its eleventh monthly dividend payment for 2015 of $0.02 per share. Shareholders of record at the close of business on Thursday, November 19, 2015 will be entitled to receive payment of this dividend on Friday, November 27, 2015.

Northair Announces Sampling Results at Nogalera Zone at La Cigarra Project, Mexico

Northair Silver Corp. is pleased to announce positive sampling results at the Nogalera Zone on its flagship La Cigarra silver project located in Chihuahua State, Mexico. Nogalera is one of many zones identified within the Project that is proximal to the current NI 43-101 resource and has the potential to yield new additional resources. Subsequent to achieving several positive outcomes from its on-going exploration programs over the past year, the Company continues to be excited about the exploration upside at La Cigarra and will commence a follow-up sampling program to target further silver-bearing zones.

Fortuna reports consolidated financial results for the third quarter 2015

Jorge A. Ganoza, President and CEO, commented, “Our operation at San Jose continues to outperform, enabling the company to sustain positive financial results amidst an extremely challenging metal price environment. Our teams continue to focus on running our operations efficiently, optimizing mine plans and increasing margins per tonne.” Mr. Ganoza added, “With the commissioning of the San Jose expansion to 3,000 tpd in mid-2016, the company will further improve its operating margins and cash flow generation.”

Avino Reports Q3 2015 Financial Results

“The Company is pleased to report another quarter of positive results from mining operations. Compared to the third quarter of 2014, our revenues have increased, despite weaker metals prices, as the result of producing and selling more silver equivalent ounces. Our operations and finance teams have continued to do an excellent job of managing costs and controlling expenditures. Our consolidated all-in sustaining cash costs for the quarter decreased to $11.99 compared to $13.01 in the third quarter of 2014, and we will continue to seek out opportunities to further reduce costs and improve efficiencies. ….,” stated Malcolm Davidson, CFO.”

McEwen Mining Appoints Interim CFO

McEwen Mining Inc. announces that while it is continuing to consider internal and external candidates for the position of Chief Financial Officer, the Board of Directors has appointed Rob McEwen as Interim Chief Financial Officer.

El Tigre shareholders approve plan of arrangement with Oceanus Resources Corporation

Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that El Tigre received the overwhelming approval of its shareholders at the special meeting held today to consider the previously announced acquisition of El Tigre by Oceanus by way of a plan of arrangement under the Business Corporations Act (British Columbia).

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