Year: 2017

Gold Resource Corporation Reports First Quarter Net Income of $4.4 Million, or $0.08 per Share, Maintains 2017 Production Outlook

Gold Resource Corporation reported production results for the first quarter ended March 31, 2017 of 6,747 ounces of gold and 427,890 ounces of silver, which along with base metal revenue generated $24.3 million in net revenue for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $109 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Vangold Grants Options

Vangold Resources Ltd. announces that it has adopted the amended and restated stock option plan approved by shareholders at the annual general meeting held on April 10, 2017. The Plan is subject to acceptance by the TSX Venture Exchange and reserves a fixed 6,784,614 common shares for issuance pursuant to options, less any common shares reserved for currently outstanding stock options.

Aztec Minerals Completes $4 Million Initial Public Offering; Shares to Commence Trading on TSX-V, Symbol “AZT” on May 4, 2017

Aztec’s President and DEO, Joey Wilkins, stated: “We appreciate the long standing support of our private shareholders and the new support of our public shareholders including Coeur Mining through the IPO with Haywood. The Cervantes Property offers our shareholders excellent potential for the discovery of a porphyry gold-copper deposit in a well-established but under-explored porphyry gold-copper belt. We look forward to advancing Cervantes through exploration and building Aztec into an exciting new business venture.”

Canasil Drills 3.18 Metres of 850 g/t Silver Equivalent* (Ag Eq) Including 1.28 metres of 1,938 Ag Eq at the La Esperanza Project in Durango and Zacatecas States, Mexico

Canasil Resources Inc. announces assay results for drill holes ES-17-18 and ES-17-19 of the 2016-17 core drilling program at the La Esperanza silver-zinc-lead project in Durango and Zacatecas States, Mexico. Both drill holes intersected wide mineralized intervals with multiple silver-zinc-lead intercepts, with appreciable gold values in ES-17-19, reporting high-grade intervals from the La Esperanza vein. These holes now complete the current drill program, which was expanded to eight drill holes for a total of 2,452 metres (m). All drill holes successfully intersected the La Esperanza vein indicating a strong mineralized system which remains open in both directions to the southeast and northwest along strike and to depth. Of particular note are the high gold grades observed for the first time together with high silver grades in drill hole ES-17-19.

Hecla’s Senior Vice President – Exploration Receives A.O. Dufresne Exploration Achievement Award

“Congratulations to Dean on receiving this prestigious award,” said Phillips S. Baker, Jr., President and CEO. “We believe the largest risk to mining companies today is the ability to replace reserves. Dean and his exploration team have been instrumental in Hecla maintaining its strong and growing reserve and resource profile over the past 10 years; as we added 299 million silver ounces to reserves despite price volatility and the recent trend in the industry of declining reserves.”

Santacruz Silver Reports Fourth Quarter / Year-End 2016 Financial Results

“The year 2016 was focused primarily on the re-structuring of the Company’s balance sheet,” said Arturo Préstamo, President and CEO. “With management’s plan to focus on the producing assets, we have executed on our plan to divest non-core assets and move forward with our production plans accordingly.”

Centerra Gold Reports 2017 First Quarter Net Earnings of $57 Million

Scott Perry CEO of Centerra Gold stated, “While the Company had a good quarter operationally and financially, it was over shadowed by a tragic event which occurred in April at Kumtor when an employee was fatally injured while inspecting a light vehicle in the field. This tragedy reinforces our commitment to our Company-wide safety leadership program ‘Work Safe, Home Safe’ which we continue to roll out to all our sites.

Silver Standard Provides First Quarter 2017 Corporate Exploration Update

Paul Benson, President and CEO said, “Our exploration programs at Marigold and Seabee continue to deliver positive results that demonstrate resource growth potential. We were pleased with the significant increase in Mineral Reserves at both operations at the end of 2016 and are confident that our exploration activities this year, supported by strong in-house expertise and expenditures of $5 million at each mine, will once again have a positive impact on our year-end Mineral Reserves. Brownfields exploration is a key aspect of our strategy to extend the life of our operations and create long term shareholder value.”

Red Tiger Reports Delay in Filing Financial Statements

The delay is due to the departure of key personnel involved in the preparation of the audited consolidated financial statements. The Company is working to complete the audit of the Company’s consolidated financial statements for the year ended December 31, 2016 as soon as possible and anticipates filing such financial statements, MD&A and related Certifications by the end of May, 2017.

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