Category: Investor’s Corner

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.

Fortunate Sun Mining Company Ltd. is pleased to announce the appointment of Mr. Kristian Whitehead P.Geo. as Fortunate Sun’s Vice President of Exploration.

First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $300,000 through the sale of one million units at 10 cents per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant being exercisable at a price of 12 cents per share, for a period of two years. The financing is subject to regulatory approval.

Great Panther Silver Limited reports first quarter production at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia. Metal production continues to improve and, at 557,667 silver equivalent ounces, was up 2% over the fourth quarter of 2011. Silver production totaled 359,526 oz and silver metal recovery at the Guanajuato plant reached an all-time high of 90.1%. As well, a quarterly record of gold production was achieved with 2,729 ounces produced.