Author: Josue Gomez

Avino Reports Earnings for First Quarter of Commercial Production and Releases Year 2012 Financial Results

Avino Silver & Gold Mines Ltd. is pleased to announce that it has reported earnings for its first quarter of commercial production and released its audited consolidated financial statements for the 2012 fiscal year. (All figures are in Canadian dollars unless otherwise specified.) The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2012 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.

Citation Exploration and Financial Update

Citation Resources Inc. is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp.

El Tigre Reports Continued Strong Assay Results from Stockwork Target

El Tigre Silver Corp. is pleased to report further assay results from the 2013 drilling program that was concluded on April 12, 2013. A total of 38 holes were completed and 4,862 metres drilled. This drill program is targeting a 1.2 kilometre stockwork zone on concessions that are part of the Company’s 431 square kilometre ownership in Sonora, Mexico.

Telson Resources Inc : Non-Brokered Private Placement

Telson Resources Inc. announces that it intends to conduct a non-brokered private placement of up to 7,000,000 units of the Company. The placement is expected to close in two or more tranches. Each unit is priced at $0.05 per unit, resulting in gross proceeds of up to $350,000 when fully closed. Each unit is comprised of one common share of the Company and one full share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.10 within one year of its date of issuance.

Santo Mining Corp to Start Producing Gold & Silver

Santo Mining Corporation, announced that on March 13, 2012 the Company entered into a definitive long-term license agreement with Campania Minera Los Angeles Del Desierto SA De CV (Mexico) to develop and mine its three metallic concessions located at Ocampo, Coahuila, Mexico, 45 miles south of the United States border. Pursuant to the 15 year Agreement, the Concessionaire will receive a 40% of any royalty from the Concessions and the Company will keep the remaining 60%. The Concessions total more than 7.27 square kilometers and have been assayed for Gold and Silver with impressive grades. Most entitlements are in place including the environmental permit.

Acquisition of Securities of Red Tiger Mining Inc.

Maxim Finskiy, 22 Tverskaya, Ulitsa, Moscow 125009, Russia, announces that, pursuant to a private placement financing, he acquired, through a company wholly-owned by him, beneficial ownership of and/or control or direction over 5,000,000 common shares of Red Tiger Mining Inc. Finskiy paid CDN$0.10 per Red Tiger common share pursuant to the Private Placement.

Goldcorp Reports 2013 First Quarter Results; Annual Guidance Reconfirmed

Goldcorp Inc. today reported quarterly revenues of $1.0 billion, generating adjusted net earnings1,2 of $253 million, or $0.31 per share, compared to $404 million, or $0.50 per share, in the first quarter of 2012. Reported net earnings were $309 million compared to $479 million in the first quarter of 2012. Adjusted operating cash flow1,3 was $400 million.

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