Candente Gold Corp. is pleased to announce, subject to regulatory approval, that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn$500,000. Approximately $250,000 of the gross proceeds of the Private Placement are to be used to further define drill targets on the El Oro gold-silver project and approximately $250,000 will be used for working capital and general corporate purposes.

Fortuna Silver Mines Inc. announces that Dr. Thomas I. Vehrs has voluntarily retired as Vice President of Exploration of the company.

Kootenay Silver Inc. is pleased to report that, in connection with its previously announced private placement offering of units at a price of $0.40 per Unit, it has amended its agreement with Haywood Securities Inc. to increase the amount of the Offering from 10,000,000 Units to up to 11,250,000 Units for aggregate gross proceeds of up to $4,500,000. In addition, the Company is pleased to announce that Pan American Siver Corp. has indicated it intends to exercise its participation right in full to maintain its pro-rata 10% interest in the Company. As a result, Pan American will subscribe for up to an additional 1,250,000 Units at the Offering Price for aggregate gross proceeds of up to $500,000.

Coeur Mining, Inc. today announced second quarter production of 4.0 million ounces of silver and 92,726 ounces of gold, or 9.6 million silver equivalent ounces. Coeur is maintaining 2016 production guidance of 33.8 – 36.8 million silver equivalent ounces.

The net proceeds of the Offering will be used to fund the exploration and development of the Company’s La Cigarra project in Mexico and for general working capital purposes.

Four prospect generators have surged over 100 percent so far in 2016. Here’s a look at who they are and what they’ve been up to.