Mineral Exploration Division revenues increased due to high activity levels across all locations, and were particularly strong in Mexico, southern Africa and the southwest US.
McEwen Mining Inc. is pleased to announce production results for the First Quarter of 2012 from its 49% owned San Jose mine in Santa Cruz Province, Argentina. Production costs will be announced with the First Quarter financial results, which will be released in early May of 2012.
Baja Mining Corp. today announced that Gerald Prosalendis has resigned from the Board of Directors for personal and family reasons.
Starcore International Mines Ltd. is pleased to welcome Dr. Michael Gunning as a member of its Technical Advisory Board.
Stroud Resources Ltd. announced today that Herbert Gasser has resigned as a director of the Company. Stroud wishes to thank Mr. Gasser for his valuable contributions to the Company during his five years of service on the board. The Company has initiated a search for a new director to fill the vacancy created by Mr. Gasser’s resignation.
Southridge Enterprises Inc. is pleased to announce potential asset value in excess of twelve million dollars ($12,000,000USD) from the processing of approximately 35,000 tons stockpile ores available on our Cinco Minas property. The Company has completed rock sampling of the ore stockpiles at Cinco Minas and confirmed the grades cited in the 2007 Behre Dolbear Report to be accurate.
Fresnillo plc is pleased to announce the appointment of Ms María Asunción Aramburuzabala and Mr Alejandro Baillères as non-executive Directors of Fresnillo.
Argonaut Gold Inc. announced today that the Company produced 21,084 gold ounces during the 1st quarter of 2012 (ended March 31, 2012) at its 100% owned El Castillo Mine (“El Castillo” which is located 100 km north of the city of Durango, Mexico) and 100% owned La Colorada Mine (“La Colorada” which is located 50 kilometers southeast of Hermosillo, Mexico).
Galore Resources Inc. is pleased to announce the appointment of Mr. Al Fabbro and Mr. Charles Troup to the Company’s Board of Directors. Mr. Fabbro has more than 30 years experience in finance and mining while Mr. Troup has over 25 years of successful experience investing and managing a diverse portfolio in the mining and oil and gas sectors.
Endeavour Silver Corp (EDR.TO), fresh off announcing a $250 million deal to buy AuRico Gold Inc’s AUG.TO El Cubo silver-gold mine in Mexico, is open to more acquisitions, though its immediate focus is on unlocking El Cubo’s value, the company’s CEO said on Monday.
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