Category: Investor’s Corner

Noront Resources Ltd. is pleased to announce the appointment of Mr. Tom Anselmi to the Board of Directors of Noront subject to approval by the TSX Venture Exchange.

Gold Resource Corporation reported on Thursday that it has picked Jesus Rivera, a mining and metallurgy engineer with experience in underground mining operations, as general manager of its Mexican Oaxaca mining business, which is in charge for company’s El Aguila project.

Orex Minerals Inc. would like to announce that Dr. Petri Peltonen has resigned from the board of directors and has been replaced by Jukka Jokela, who will serve as Northland Resources S.A.’s appointee to the Orex Board of Directors.

Arco Resources Corp. announces that it has extended the expiry date of its unexercised share purchase warrants, issued April 25, 2011, to October 31, 2013. The extension, which is subject to the approval of the TSX Venture Exchange, applies to the 8,000,000 Warrants still outstanding.

Aurcana Corporation is pleased to report a 54% increase in silver production from the La Negra mine for Q3 2012 of 376,687 ounces compared to 244,243 ounces in Q3 2011, making it the largest quarter for silver production in Aurcana’s history.

McEwen Mining Inc. is pleased to announce Third Quarter production results and the discovery of a new vein system at the San José mine (49%) in Argentina. The San José mine had another solid quarter of production and El Gallo Phase I (100%) in Mexico achieved its first gold pour. Third Quarter production totaled 10,572 ounces gold and 760,670 ounces silver, representing 25,200 gold and gold equivalent ounces1. The Company remains on track to produce approximately 105,000 gold and gold equivalent ounces in 2012. Production costs will be announced with the Third Quarter financial results, which will be released in early November.

Gold Resource Corporation today announced that Mr. Jesus Rivera has been appointed General Manager of the Oaxaca Mining Unit, which is responsible for the Company’s El Aguila Project in Oaxaca, Mexico. Mr. Rivera is replacing Mr. Juan Manuel Flores, who has decided to pursue other interests. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico. The Company has returned over $63 million to shareholders in monthly dividends since declaring commercial production July 1, 2010 and is the first Company offering shareholders the option to convert their cash dividends into physical gold or silver.

Oremex Gold Inc. announces that an interested third party in Mexico is alleging ownership of two concessions totaling 78.9 hectares in the Melchor Ocampo gold mining district, Zacatecas state, Mexico, comprising the Company’s Cerro del Oro (Gold Hill) project. Acquisition of the Cerro del Oro concessions by the Company’s wholly-owned subsidiary, Minera Tres Diamantes, S. de R.L. de C.V., from Minera Mantos, S. de R.L. de C.V., a wholly-owned subsidiary of Oremex Silver, Inc., was previously announced on February 23, 2012. Prior to acquisition by the Company, the Cerro del Oro concessions had been subject to a court process to determine the legal owner of the property. The concessions were acquired by the Company only after it had been advised that the legal ownership matter had been favorably resolved and the final court decision in the process was non-appealable.

Gold Resource Corporation reported its preliminary production results for the third quarter ended September 30, 2012 of approximately 22,300 ounces precious metal gold equivalent (AuEq calculated at a 55:1 price ratio). Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $63 million to shareholders in monthly dividends since declaring commercial production July 1, 2010 and is the first Company offering shareholders the option to convert their cash dividends into physical gold or silver.

Octavio Alvidrez, Chief Executive Officer, said: ‘The Group’s performance over the period demonstrates our commitment to maximise sustainable growth through the continued ramp up of Saucito and the new Noche Buena mine.