Category: Investor’s Corner

Aura Silver to Receive US $1.3 Million Payout Triggered by West Taviche Sale

Aura Silver Resources Inc. is pleased to announce that the Aura Silver / Intrepid Mines Ltd. joint venture will receive a payout of US $2.0 million net of prior concession fees owed to Pan American Silver Corp. The payout has been triggered by the completion of Pan Am’s sale of the West Taviche concession to Fortuna Silver Mines Inc. and is in accordance with the agreement between the Taviche JV and Pan Am which was completed in April 2012. The April 2012 agreement allowed Pan Am to retain a 100% ownership of West Taviche with the proviso that upon a sale of an interest greater than 70% in the property, US $2.0 million would be paid to the Taviche JV. In turn, the Taviche JV received a 100% ownership interest in the East Taviche concession where the Taviche JV has had the greatest amount of drilling success. Pan Am retains a 1.5% net smelter royalty in respect of East Taviche.

Robert Muffly Resigns From Gold Resource Corporation’s Board of Directors Pursuant to Contractual Agreement

Gold Resource Corporation announced today that Robert Muffly has resigned from the Company’s Board of Directors effective immediately pursuant to the terms of the Strategic Alliance Agreement dated December 5, 2008 between the Company and Hochschild Mining Holdings Ltd. The Company has returned over $85 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Amex Creates a Technical Advisory Committee

Amex Exploration Inc. is pleased to announce the creation of a Technical Advisory Committee and the appointment of three well respected mineral exploration and mining industry veterans. These three individuals are expected to provide additional guidance to the Company’s exploration and acquisition strategies.

Red Tiger Announces Closing of First Tranche of Non-Brokered Private Placement

Red Tiger Mining Inc. announces that it has closed the first tranche of its previously announced non-brokered private placement selling 2,777,778 common shares at a price of CAD$0.18 per Share for gross proceeds of CAD$500,000. The proceeds from this tranche will be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.

Golden Sun Wishes to Announce Extraordinary General Meeting

Golden Sun Mining Corp. has scheduled an extraordinary general meeting to be held September 11, 2013. At the meeting shareholders will be asked to approve a consolidation of the company’s share capital on a one-new-for-10-old basis. Following the consolidation, the company will have approximately 5.5 million shares issued and outstanding.

Avino Q2/June Production Report

Avino Silver and Gold Mines Ltd. is pleased to announce the Q2 and June 2013 production results from its San Gonzalo mine and Historic Avino Mine surface stockpile operations located on the Avino property near Durango, Mexico.

Levon Engages Alka Singh as Director of Communications

Levon Resources Ltd. is pleased to announce that Ms. Alka Singh has joined the Levon team as Levon’s Director of Communications. In this capacity, she will be responsible for spearheading strategic direction initiatives and planning, including coordination and management of Levon’s integrated marketing, public relations, and strategic communications program. She will work with both external and internal resources to promote the field of communication and create and communicate the company’s messages and ensure overall continuity of corporate brand consistency and image. In addition, she will be responsible for the overall planning, organization, and direction of Levon’s communication strategies and public information activities and promotion.

Argonaut Gold Announces Record Q2 Gold Production of 33,586 Ounces

Argonaut Gold Inc. announced today that the Company had gold production of 33,586 ounces during the 2nd quarter ended June 30, 2013. This included 28,075 ounces at its 100% owned El Castillo Mine located in Durango, Mexico and 5,511 ounces of gold at its 100% owned La Colorada Mine located in Hermosillo, Mexico. For the first six months of 2013, the company has produced 62,493 ounces of gold. Ramp up of production at La Colorada is continuing, and we expect greater production in the second half of the year.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

All News

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.