Category: Investor’s Corner

First Majestic Silver Corp. is pleased to announce that total production at its four operating mines in Mexico for the third quarter ending September 30, 2012, reached 2,438,085 equivalent ounces of silver, representing a 36% increase compared to the same quarter in 2011. Total silver production for the quarter consisted of 2,205,237 ounces of silver, representing a 29% increase compared to the same quarter in 2011. In addition, 3,307,944 pounds of lead and 844,953 pounds of zinc were produced representing increases of 75% and 100%, respectively, compared to the same quarter in the previous year. Also, 1,537 ounces of gold was produced, representing an increase of 276% compared to the third quarter of 2011.

On Tuesday, the top TSX mover was Baja Mining Corp. (TSX: T.T.BAJ, Stock Forum). The stock rose 17.65% on volume of 3.7 million shares. There has been renewed interest in the company after Baja reported it had received additional funding on Oct. 5, allowing it to continue construction on the Boleo project. The copper-cobalt-zinc-manganese project, located in Mexico, was the topic of recent controversy after Baja reported an increased capital cost as high as US$1.7 billion for the project.

Silver Bull Resources, Inc. (SVB.TO) today announced the drill results for the 6th batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project.

Aura Silver Resources Inc. is pleased to announce that Mr. Nick Tintor has been appointed the Independent Chairman of the Board of Directors of Aura Silver. Mr. Tintor is Managing Director of RG Mining Investments Inc., and President & Chief Executive Officer and a Director of Caracara Silver Inc. as well as Ferrum Americas Mining Inc. From January 2007 to March 2011, Nick acted as the President & CEO and a Director of Homeland Uranium Inc. as well as the President & CEO of Southern Andes Energy Inc. (now amalgamated with Macusani Yellowcake Inc.).

VVC Exploration Corporation announces that its Board of Directors has initiated a strategic review process to consider a range of strategic alternatives that have presented themselves to the Company, with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, the acquisition of certain mining assets in Mexico, a merger or other business combination transaction involving a third party, a joint venture, as well as continued execution of the Company’s existing business plan, or any combination thereof. Independent of the strategic review process, the Company plans on raising capital to fund its Cumeral exploration program and ongoing operations. The terms of this financing will be announced in due course in accordance with the rules of the TSX Venture Exchange.

Tarsis Resources Ltd. is pleased to announce that the financing announced on September 16, 2012 and increased on October 2, 2012 has been closed.

Timmins Gold Corp. is pleased to report record production of 25,153 ounces of gold for its Q3 2012 fiscal quarter ended September 30, 2012. Timmins Gold also produced 13,857 ounces of silver during the quarter.

Baja Mining Corp. announces that the Korean Consortium has advanced US$6.7 million to Minera y Metal¨²rgica del Boleo S.A. de C.V.

Kootenay Silver Inc. is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 in support of the Company’s August 21, 2012 news release, which included a mineral reserve estimate at its Promontorio Silver Project in Sonora, Mexico.

Gunpoint Exploration Ltd. announces a non-brokered private placement to raise up to $2 million through the sale of 4 million units of the company at a price of $.50 per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of $.75 for a period of one year from closing the offering.