Category: Investor’s Corner

On Jan. 24, 2012 First Majestic Silver Corp. (AG) announced the inauguration of the new La Parrilla floatation/cyanidation plant in the State of Durango, Mexico on Jan. 18. The new plant has a total capacity of 2,000 tpd (1,000 tpd in the flotation circuit and 1,000 tpd in the cyanidation circuit). It is expected to be operating at full capacity in February 2012. It is currently operating at 1,500 tpd. Once completed, annual production from La Parrilla mine is estimated to be approximately 3.0 million ounces of pure silver, 6.0 million pounds of lead, and 4.3 million pounds of zinc. AG is now set to grow EPS by 73.10% in 2012. This is great news for investors, and it should provide a springboard for AG’s stock price to move significantly upward.

El Tigre Silver Corp. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement. The Company closed the first tranche of the Private Placement on December 30, 2011. Aggregate gross proceeds from both the first and second tranches total $1,116,000. The final tranche consists of 1,528,000 units of the Company for aggregate gross proceeds of $382,000. Each Unit consists of common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 2 years from the date of issue at a price of $0.40 per share.

Scorpio Mining Corporation is pleased to report that the 2011 production results for the Nuestra Señora mine in Mexico confirm a second successive year of silver production growth for the Corporation. Production of all key metals increased substantially over 2010, as mine metal output, plant throughput and recoveries improved.

High Desert Gold Corporation (“HDG” or the “Company”) (TSX VENTURE:HDG)(OTCQX:HDGCF) announces that it proposes to issue, on a brokered private placement basis, up to 11,111,000 units (“Units”) at $0.225 per Unit for gross cash proceeds up to approximately $2.5 million (the “Private Placement”).

Capstone Mining Corp. (TSX: CS) today provided its production guidance for 2012 for its two operating mines, Cozamin and Minto, and company-wide capital expenditure guidance. Capstone expects to produce 80 million pounds +/- 5% of copper in concentrates at a total cash cost(1) of US$1.55 to US$1.65 per pound of payable copper, net of by-product credits and selling costs.

VANCOUVER, Jan. 26, 2012 — /PRNewswire/ – Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (BVL: FVI) is pleased to announce 2011 production figures from the San Jose Mine located in Mexico and the Caylloma Mine located in Peru. The mining operations of the Company performed strongly in 2011 delivering our fifth consecutive year of silver production growth and sustained low cash cost per silver ounce. For 2012, Fortuna is scheduled to produce 3.7 million ounces of silver and 17,400 ounces of gold production or 4.6 million Ag Eq ounces plus base metal credits.

Dia Bras Exploration Inc., a Canadian listed mining company focused on precious and base metals in Peru and Mexico, today announced the appointment of Mr. Steven G. Dean as Chairman and Mr. Alberto Arias as Vice-Chairman of its Board of Directors. Mr. Dean and Mr. Arias are both current members of the Company’s Board. These appointments follow the resignation of Mr. Philip Renaud as Chairman. Mr. Renaud was Chairman of the Company since November 23, 2009.

TORONTO, Ontario, January 26, 2012 — Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announced today its financial results for the year ended October 31, 2011.

Agnico-Eagle Mines Limited (“Agnico-Eagle”) announced today that it has acquired the remaining 5,032,139 common shares (the “Shares”) of Grayd Resource Corporation (“Grayd”) not already owned by Agnico-Eagle, representing approximately 5.23% of the outstanding Shares on a fully-diluted basis, pursuant to a previously announced compulsory acquisition carried out under the provisions of the Business Corporations Act (British Columbia) (the “Compulsory Acquisition”). Following completion of the Compulsory Acquisition, Agnico-Eagle now owns 96,261,039 Shares, representing 100% of the outstanding Shares on a fully-diluted basis.

Almaden Minerals Ltd. (AMM.TO), which lost more than 4% yesterday, announced results from the 2011 drilling program on the company’s 100% owned Tuligtic project, Mexico, with holes TU-11-69, 75, 77 to 80, 82 To 87 and 89 to 92.