Category: Investor’s Corner

Fortuna Silver Mines, Inc. is pleased to announce 2013 production figures from its two underground operating silver mines located in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 4.6 million ounces of silver and 21,242 ounces of gold or 5.9 million Ag Eq* ounces.
For 2014, silver production is scheduled to grow by 30% to 6 million ounces and gold production by 51% to 32,300 ounces or 8 million Ag Eq ounces, plus base metal by-products, at an estimated all-in sustaining cash cost** of US$17.14 per ounce of silver.

Rare Earth Mineral PLC Wednesday said it has further increased its shareholding in its joint venture partner in the Sonora lithium project in Mexico, Bacanora Minerals Ltd.

Geologix has received four environmental permit approvals from SEMARNAT (Secretaria de Medio Ambiente y Recursos Naturales) in Mexico in addition to its existing approved primary environmental permit (MIA). The Company’s Tepal project in Mexico is now fully compliant in its environmental and archeological permits.

Freyja Resources Inc. announces that, further to its press releases dated November 28, 2013 and December 10, 2013, it has amended the terms of its private placement of up to $600,000 of units to increase the size of the offering to up to $615,000 of Amended Units and to reflect a price of $820 per Amended Unit from a price of $1.00 per Unit. Each Amended Unit will be comprised of $1,000 principal amount of 12% unsecured, non-convertible debentures, which will mature thirty-six months from the date of issuance and 1,901 common shares in the capital of the Corporation. The terms of the finder’s warrants have been amended such that each warrant entitles the holder to purchase one Amended Unit at a price of $820 per Unit for a period of eighteen months from the closing of the Offering. The remaining terms of the Offering have not changed.

About Freyja

Vendome Resources Corp. announces the resignation of Messrs. Franz Kozich-Koschitzky and J. Andrew McQuire from its Board of Directors.

Bacanora Minerals Ltd. is announcing the filing of a Technical Report (“Report”) in respect of its El Sauz and Fleur concessions (“Concessions”) under joint venture with Rare Earth Minerals PLC (“REM”) that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and is entitled, Initial Estimate of Inferred Resources for Alkali Metals and Alkali Earth Metals – El Sauz & Fleur Concesions – Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company’s website.

Sierra Metals Inc. is pleased to announce its fourth quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company, payable on January 31, 2014 to the holders of the issued and outstanding Common Shares as of the close of business on January 21, 2014.

Endeavour Silver Corp. achieved its ninth consecutive year of production growth in 2013, reporting record production of 6,813,068 ounces (oz) silver and 75,578 oz gold. The Company also set a new record for quarterly silver and gold production in the Fourth Quarter, 2013 from the Company’s three operating silver mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State.

Big North Graphite Corp. announces that further to the Company’s press release of December 31, 2013 it has closed a non-brokered private placement of $250,000 aggregate principal amount of unsecured convertible notes. The Notes mature on January 9, 2015 and are convertible into units of the Company at a price of $0.05 per Unit at the holder’s option.

Goldcorp Inc. today announced gold production and preliminary cash costs for 2013, and provided production and cash cost guidance for 2014 and the five-year period ending 2018.