Category: Investor’s Corner

Orko Silver says new PEA for La Preciosa expected by mid 2012

Orko Silver Corp. (CVE:OK) provided Thursday an update on activities at its La Preciosa silver-gold deposit in the State of Durango, Mexico, with the company expected to deliver a new preliminary economic assessment (PEA) by the middle of this year.

DynaResource Engages Gale Capital Corporation as Its Investor Relations Advisor

DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia Project in Sinaloa, Mexico, targeting growth in the defining and production of gold and silver resources, is pleased to announce that it has engaged Gale Capital Corporation to perform investor relations related services for the Company. Mark van der Horst, President of Gale Capital, will assist DynaResource with corporate communications, PR and investor and shareholder outreach.

Orex Grants Stock Options

Vancouver, B.C. – Orex Minerals Inc. – (REX: TSX-V) (“Orex” ) announces that it has granted incentive stock options to investor relations consultant Sigorex Management GmbH to purchase 75,000 shares in the capital of Orex for a period of two years at $0.74 per share, being the closing price of the Orex shares today. The options will vest at 25% per quarter over a period of twelve months and will be fully vested by February 17, 2013.

Silver Bull CEO Tim Barry on Mexico silver assays of 109.39 g/t over 12.6m

President/CEO Tim Barry tells ResourceClips.com, �Sierra Mojada has been a historical mining district for the last 100 years. Silver Bull emerged from a merger between Metalline Mining and Dome Ventures. When Metalline had the property, they had it for over 16 years and focused almost exclusively on the zinc resource there. When the merger was done, and we got to the project, we noted there was significant at-surface silver mineralization kicking around that had never been tested. Zinc at the time was living in the 50-cent range, so we changed direction for the company and started focusing on the silver mineralization. To date, we�ve put out two resource updates. The resource right now is sitting at 47.8 million ounces indicated and 13.8 million ounces inferred, and that�s out of a global resource of 84 million ounces.

Cortez Gold Corp (CVE:CUT) (PINK:CRTZF) Closes Private Placement Deal

CUT stock price moved further away from its multiyear lows after gaining 15.4% over Wednesday’s sessions and spiking way above the 200 day MA. Concurrently with the price move CUT also recorded the heaviest daily trading volume for the past three years. 3.3 million shares changed hands which is substantially above the 90 day average of 130 thousand.

Parlane Arranges Private Placement

Vancouver, British Columbia – Parlane Resource Corp. (the “Company”) is pleased to announce that it has arranged a non-brokered private placement of up to 10,000,000 units (the “Units”) at a price of $0.15 per Unit for gross proceeds of up to $1,500,000.

Agnico-Eagle Reports Fourth Quarter and Full Year 2011 Results; Record Full Year Operating Cash Flows; Dividend Increased 25% – Declared for 30th Consecutive Year; Provides Three Year Production Guidance; Meadowbank Partially Written Down – Optimized Mine Plan

Agnico-Eagle Mines Limited (“Agnico-Eagle” or the “Company”) today reported a quarterly net loss of $601.4 million, or a loss of $3.53 per share for the fourth quarter of 2011. This result includes a $644.9 million partial writedown of the Meadowbank mine ($3.79 per share), a non-cash foreign currency translation loss of $3.6 million ($0.02 per share), stock option expense of $8.1 million ($0.05 per share), non-recurring tax audit expenses of $11.1 million ($0.07 per share), and other non-recurring expense items of $10.0 million ($0.06 per share). Excluding these items would result in normalized net income of $76.2 million ($0.45 per share) in the fourth quarte r of 2011. In the fourth quarter of 2010, the Company reported net income of $88.0 million ($0.53 per share).

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