Category: Investor’s Corner

Fred Davidson, President and CEO of IMPACT Silver, stated “Ten years of continuous production at Zacualpan is a great milestone. I congratulate all our employees and contractors, past and present, on this proud achievement. From our modest beginnings in 2006, the IMPACT team has built up the operations year by year and as a crowning achievement saw record production in 2015 of nearly one million ounces of silver. Currently we are in a tough metals market but the Zacualpan operations have weathered downturns in the past and we will continue our efforts to weather this downturn through the exceptional skills and dedication of our team to keep costs low, and we are blessed with high grade silver zones in the ground on our 100% owned land package. We will continue to focus on growth opportunities and generation of value for our shareholders in the coming next decades.”

“This credit facility provides the Company with the time and flexibility required to continue pursuing all available options to build a solid financial foundation,” stated Mark Backens, Interim CEO. “We are committed to unlocking and realizing the true value of our asset base to benefit all shareholders.”

Goldgroup Mining Inc. announces it has entered into a binding letter of intent with Aptus Resources LLC where Aptus will acquire Goldgroup’s rights to the contingent consideration as disclosed in the press release detailing the Caballo Blanco transaction on December 24, 2014.

“We completed 2015 with production momentum, low costs, and financial strength from our two mines in stable Americas-only jurisdictions,” saidJoseph F. Conway, Chief Executive Officer. “Although 2015 was a volatile year in the markets we remained focused on delivering our operating plan. We advanced the San Dimas expansion while cutting its estimated capital costs significantly and delivered excellent exploration results across our asset portfolio. We are also well prepared to execute on the planned succession of Ernest Mast to the position of President and Chief Executive Officer and myself to Executive Vice Chairman later this month.”

Almaden Minerals Ltd. announces that the independent NI 43-101 Preliminary Economic Assessment Update Technical Report, for its gold-silver Ixtaca Deposit, Mexico, has been completed and filed on SEDAR. A summary of findings from the PEA were announced in Almaden’s press release issued December 9th, 2015. The full report, “Preliminary Economic Assessment of the Ixtaca Project”, prepared by Moose Mountain Technical Services can be obtained from www.sedar.com…

BACANORA MINERALS LTD. is pleased to announce the entering into of a consultancy agreement in respect of the liason with and procurement of potential purchasers for the Company’s lithium products. The agreement is with a private company that is controlled by Mark Hohnen, who is a proposed nominee for election to the Board of Bacanora whose approval as a director remains subject to final regulatory approval. The consultancy agreement is for a period of eighteen months, subject to early termination by either party upon one month notice…

Colibri Resource Corporation is pleased to announce the appointments of Mr. Edward Stringer as the Company’s new President, CEO and a Director, Mr. William D. Macdonald , as a Director of the Company, and Mr. Jacques F. Monette , as a Director of the Company effective January 4, 2016 .

GoGold COO Anis Nehme stated, “Due to low metal prices the Municipality and GoGold agreed to renegotiate the Agreement. The Municipality is pleased with the environmental cleanup and job creation from the Company’s operations in Parral.”

Bradford Cooke, CEO of Endeavour, stated, “We are gratified to have replaced our P&P reserves and boosted our M&I silver resources given the challenging metal price environment last year. Our exploration efforts were successful in identifying new mineralization at each mine and the Terronera mine project should be a significant driver of new reserves and resources in 2016.”

“We had a very solid year operationally and financially in 2015, despite the challenging market conditions,” stated Randall Oliphant, Executive Chairman. “Our operations delivered record gold production that exceeded guidance and our low costs continue to enable us to generate a robust margin even at lower gold prices. At the same time, we successfully advanced our portfolio of growth projects. We completed the New Afton mill expansion project ahead of schedule and under budget and made significant progress in the construction of Rainy River. Importantly, we also strengthened our financial position by$330 million with the completion of the Rainy River stream sale and El Morro transaction.”