Kimber Resources Inc. is pleased to announce further high-grade drill results from its gold-silver Monterde property in the prolific Sierra Madre belt of Mexico. MTC-151 intercepted 4.2 metres of 6.2 g/t gold and 47 g/t silver while MTC-157 intercepted 4.5 metres of 4.9 g/t gold and 124 g/t silver.
Vatic Ventures Corp is pleased to announce that it has entered into an agreement with Minera Meridian Minerales S.R.L. de C.V. whereby the Company has acquired the right to earn an undivided 100% interest in and to certain mineral claims located in Sinaloa, Mexico. The claims are called the La Silla claims. The property is located some 65 km north of Mazatlan in the State of Sinaloa and encompasses about 14,426.7 hectares. It is part of the Trans Mexican Volcanic Belt. Some parts of these structures have been historically mined on a small scale.
Great Panther Silver Limited reports first quarter production at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia. Metal production continues to improve and, at 557,667 silver equivalent ounces, was up 2% over the fourth quarter of 2011. Silver production totaled 359,526 oz and silver metal recovery at the Guanajuato plant reached an all-time high of 90.1%. As well, a quarterly record of gold production was achieved with 2,729 ounces produced.
TORONTO, ONTARIO–(Marketwire – April 16, 2012) – Oremex Silver Inc. (“Oremex” or the “Company”) (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) announces that it intends to complete a non-brokered private placement of up to 10,000,000 units (the “Units”) from treasury at a price of $0.15 per Unit for aggregate proceeds of up to $1,500,000 (the “Offering”).
Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to report March and the first quarter 2012 production results from its La Platosa operations in Durango State, Mexico.
First Majestic Silver Corp. is pleased to announce that total production at its three mines in Mexico for the first quarter ending March 31, 2012 reached 2,007,219 equivalent ounces of silver.
Avino Silver and Gold Mines Ltd. is pleased to provide the following update of activities in the 1st quarter 2012 at its Avino’s mine operation located near Durango, Mexico.
Excalibur Resources Ltd. announces that it has arranged a nonbrokered private placement of up to 6,000,000 Units at $0.145 per Unit for a total of $870,000.
Fortuna Silver Mines Inc. announces production figures for the first quarter of 2012 from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. Both mines are performing above planned production levels and the Company is on schedule to deliver 3.7 million ounces of silver and 17,400 ounces of gold or 4.6 million ounces of silver equivalent plus significant base metal by-product in 2012.
Aurcana Corporation is pleased to report its audited financial results for December 31, 2011. The summary of the selected financial information should be read in conjunction with the audited financial statements and the related management’s discussion and analysis dated April 12, 2012 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and the Company’s website (http://www.aurcana.com). All figures are in US dollars unless otherwise noted.
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