Year: 2016

Colibri Appoints New Directors and Officers

Colibri Resource Corporation is pleased to announce the appointments of Mr. Edward Stringer as the Company’s new President, CEO and a Director, Mr. William D. Macdonald , as a Director of the Company, and Mr. Jacques F. Monette , as a Director of the Company effective January 4, 2016 .

Endeavour Silver Updates Reserve and Resource Estimates; Deep Drilling Intersects Highest Grades Yet at Terronera

Bradford Cooke, CEO of Endeavour, stated, “We are gratified to have replaced our P&P reserves and boosted our M&I silver resources given the challenging metal price environment last year. Our exploration efforts were successful in identifying new mineralization at each mine and the Terronera mine project should be a significant driver of new reserves and resources in 2016.”

New Gold Exceeds Guidance With Record 2015 Gold Production And Provides 2016 Operational Outlook

“We had a very solid year operationally and financially in 2015, despite the challenging market conditions,” stated Randall Oliphant, Executive Chairman. “Our operations delivered record gold production that exceeded guidance and our low costs continue to enable us to generate a robust margin even at lower gold prices. At the same time, we successfully advanced our portfolio of growth projects. We completed the New Afton mill expansion project ahead of schedule and under budget and made significant progress in the construction of Rainy River. Importantly, we also strengthened our financial position by$330 million with the completion of the Rainy River stream sale and El Morro transaction.”

Timmins Gold Signs New Credit Facility Term Sheet

Timmins Gold Corp. is pleased to announce that it has signed an indicative term sheet with Sprott Resource Lending Partnership and Goldcorp Inc., which outlines the material terms of an amended and restated credit facility that is expected to replace the existing credit facility.

Gold Resource Corporation Expands High Grade Arista Mineralization

“It is not only exciting to drill additional high-grade mineralization within Arista’s known veins, but also impressive to discover another new high-grade vein while testing the margins of this deposit,” commented Gold Resource Corporation’s Vice President of Exploration, Mr. Barry Devlin. “The multiple veins that make up the Arista deposit exhibit unique mineralization, as we see in Viridiana’s high-grade gold component and Marena’s polymetallic composition including a high-grade zinc phase. I believe the potential exists to discover additional high-grade veins at Arista with future drill programs testing the margins of this expanding deposit.”

Canarc Reports Positive Preliminary Economic Assessment For the El Compas Gold-Silver Mine Project in Zacatecas, Mexico with Low All-In Sustaining Costs Estimated at US$614 per ounce AuEq.

Canarc CEO Catalin Chiloflischi comments: “The PEA clearly indicates that our El Compas Mine has the potential to be an economically robust, low cost, high margin, rapid payback project even at lower metal prices, thanks in part to its high grades, low costs and low capital expenditure requirements. We will now turn our focus to arranging the capital financing needed to develop this attractive gold-silver mine and place it into production.”

Great Panther Silver Reports 30% Increase In Metal Production For 2015 To Record 4.16 Million Silver Equivalent Ounces

“Continued strong performance in the fourth quarter capped off a transformative year for Great Panther”, stated Robert Archer, President & CEO. “We delivered new annual records for silver, gold, and total metal production and beat our already upwardly revised guidance by about 300,000 Ag eq oz. The ongoing ramp up in production at San Ignacio, with higher gold grades, was the major factor in this year-over-year increase. In addition, Topia exceeded one million Ag eq oz for the first time. Operational efficiencies and grade control improved significantly and I would like to congratulate our entire team for a banner year. The increase in production at higher grades allowed us to lower our costs substantially such that Great Panther is well-positioned to withstand this period of depressed metal prices and take advantage of future price rises.”

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