Month: June 2016

Endeavour Silver Appoints New Vice President, Corporate Development

Mr. Mah, B.Sc., P.Geo., is a professional geologist with 20 years of experience in the mining industry. He brings to Endeavour a wealth of technical experience and analytical skills needed in order to generate, evaluate and negotiate M&A opportunities in the silver mining sector for Endeavour. Dale has held senior positions in mineral exploration, investment research and project evaluation throughout his career. As a result, his knowledge of the capital markets, investment banking, equity research, precious and base metals project management and valuation, financial modeling, mine economics, and reserve and resource estimation are a good fit with Endeavour’s management team.

Mammoth Resources Announces Management Cease Trade Order

Mammoth Resources Corp. would like to announce that it has been granted a Management Cease Trade Order as a result of the company’s late filing of its year-end audited financial statements and accompanying Management Discussion and Analysis which is due to have been completed and filed on May 31, 2016 for the company’s fiscal year end dated January 31.

Oceanus Resources Corporation Announces $5 Million Bought Deal Financing

Oceanus Resources Corporation is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation and PI Financial Corporation as co-lead underwriters, pursuant to which they have agreed to purchase, on a bought deal basis, 21,739,130 units of the Company at a price of $0.23 per Unit, for gross proceeds to the Company of approximately $5,000,000.

Almadex Confirms Porphyry System at Encinal Target, El Cobre Project, Mexico: Hits 1.5 Meters of 109.5 g/t Gold and 0.15% Copper and 13.0 Meters of 0.57 g/t Gold and 0.21% Copper

Almadex Chairman, J. Duane Poliquin commented, “We have an outstanding portfolio of mineral projects and we are pleased to have commenced drilling on the most advanced, El Cobre. We are exploring a very large zone of alteration hosting several porphyry systems and expect that this round of drilling will better define the systems for future drilling. These first results are from only one of the targets identified and clearly demonstrate the potential of the Encinal target while providing important data for the drilling we are planning based on these results.”

Colibri Announces Financing

Colibri Resource Corporation is pleased to announce that it intends to carry out a non-brokered private placement financing to raise gross proceeds of up to $100,000.

Millrock and Centerra Gold Commence Exploration at Los Chinos and Los Cuarentas Gold Projects, Sonora, Mexico

Millrock Resources Inc. announces that surface exploration is underway at the Los Chinos and Los Cuarentas gold projects in Sonora State, Mexico. The projects are the subject of a previously-announced option to joint venture agreement with Centerra Gold Inc. Under the option agreement, Centerra can earn a 70% interest by completing US$5.0 million in exploration expenditures over a five-year period at Los Chinos, and US$2.0 million at Los Cuarentas.

Avino Reports Voting Results of Annual General and Special Meeting

Avino Silver & Gold Mines Ltd. is pleased to report voting results in accordance with Section 11.3 of NI 51-102 Continuous Disclosure Obligations. This report briefly describes the matters voted upon and the outcome of the votes at the Annual General and Special Meeting of Shareholders of the Company held on May 27, 2016:

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