Category: Investor’s Corner

J. Scott Drever, Chief Executive Officer, stated; “We are pleased with the strong start to 2015. Santa Elena’s record AgEq production delivered solid Q1, 2015 financial results, generating cash flow from operations of $7.3 million and net earnings of $2.5 million. We are confident in Santa Elena’s ability to continue to generate positive cash flows during 2015, notwithstanding the lower precious metals price environment…

Gold Resource Corporation today announced the resignation of Mr. Joe Rodriguez, the Company’s Chief Financial Officer. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $103 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

“The first quarter provided a solid operating start to the year,” said President and CEO, Darren Blasutti . “We made a decision to place the El Cajón Project on care and maintenance and began the process of fast-tracking the high grade zinc-lead-silver San Rafael project. We maintained productivity at both our operating mines and reduced the workforce at the Cosalá Operations to achieve sustainable cost savings…

Avino Silver and Gold Mines Ltd. is pleased to announce that as of May 4, 2015, it has sold 1,195,733 common shares through an at-the-market brokered public offering in the United States with Cantor Fitzgerald & Co. of New York raising a total of USD$1,843,532 in gross proceeds.

Evrim Resources Corp. is pleased to announce the appointment of Dr. John Thompson to the Company’s Board of Directors. John will be a key contributor to Evrim’s geoscience team, and identify new business opportunities.

Arian Silver Corporation a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, announces that that all the resolutions proposed at the Company’s Annual General Meeting, which was held earlier today, were duly passed.

Morro Bay Resources Ltd. is pleased to announce it has closed the first tranche of the non-brokered private placement announced April 6, 2015. The First Tranche consisted of the issuance of a total of 3,590,000 Units at a price of $0.05 per unit for gross proceeds of $179,500. The Private Placement remains open for further subscriptions.

“Our strong production was delivered at lower costs at both operations, demonstrating, once again, that our assets are delivering strong cash generation,” said John Smith, President and CEO. “On a silver equivalent basis, production of 6.8 million ounces at cash costs of $9.57 per payable ounce distinguishes Silver Standard from its peers. Positive net income and strong operating cash flows in the quarter resulted from our focus on cost discipline and further enable our growth strategy.”

“We are pleased to report the first quarter of 2015 operational and financial results. Although average realized metal prices were lower than those of the same quarter last year we reported solid operating income from mining operations due to the hard work of our team to maintain a low production cost structure. With the expansion of our mine behind us, we can now focus on advancing the Avino Mine to further increase and improve our mining operation,” stated Malcolm Davidson, CFO.

Candente Gold Corp. advises that further to News Release 039 (dated October 2, 2014), the Toronto Stock Exchange has advised that common shares of the Company will be delisted from the TSX at the close of business on June 8, 2015 for failure to meet continued listing requirements…