Evrim Appoints Charles Funk VP New Opportunities & Exploration

“Evrim’s plans for 2016 include adding new properties to our portfolio and increasing our exploration partnerships,” commented Paddy Nicol, President and CEO of Evrim. “Charles brings the knowledge and experience necessary to achieve our goals and add significant value for Evrim’s shareholders. We very much look forward to having Charles as part of the team.”

Silver Bull Announces Private Placement of CDN$565,500

Silver Bull Resources, Inc. is pleased to announce its intention to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of US$0.10 or CDN$0.13 per Unit. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one common share at a price of US$0.12 for the US$ Units and CDN$0.16 for the CDN$ Units until the date that is 12 months following closing of the Private Placement. If the closing price of the common shares of the Company on the OTCQB Venture Marketplace is US$0.18 or higher for five consecutive trading days, then the Warrant will expire thirty trading days from such fifth consecutive day.

Timmins Gold to Sell Caballo Blanco Gold Project

“The sale of the Caballo Blanco project for a total consideration of US$17.5 million is a significant event for Timmins Gold,” stated Mark Backens, Interim CEO. “The cash proceeds from this sale will strengthen our balance sheet which will enable settlement of our secured debt.”

Pan American Silver Announces its Unaudited 2016 First Quarter Results

Michael Steinmann, President and Chief Executive Officer of the Company commented on the first quarter 2016 results, “We are off to a very good start in 2016, delivering robust production and a respectable financial performance. We produced more silver, gold and base metals as compared to the same quarter of last year, significantly reduced our costs, generated adjusted earnings of $0.02 per share and cash flow from operations of $28.4 million (before changes in working capital). These results were achieved in spite of lower prices on our silver and gold sales than in Q1 2015, which trimmed our revenue by nearly $20 million.” Steinmann continued, “Our two expansion projects at La Colorada and Dolores are advancing on schedule and on budget, funded completely by our strong balance sheet, as we progress steadily towards becoming an even lower cost producer”.

Silver Standard reports first quarter 2016 results

Paul Benson, President and CEO said, “We have had an excellent start to the year with 84,000 gold equivalent ounces produced at cash costs and AISC of $715/oz and $859/oz, respectively. We are well-positioned to continue with strong production in Q2 and the devaluation of the peso has allowed us to reduce our cash cost guidance at Pirquitas. Our robust operating performance has also allowed us to continue to add cash to the balance sheet despite investing in exploration and projects for the future.

Millrock Closes Tranche One of Non-Brokered Private Placement

Millrock Resources Inc. reports that a portion of the non-brokered private placement announced on May 4, 2016 has closed and a total of 1,730,000 Units at a price of $0.29 per Unit have been issued for gross proceeds of $501,700. Each Unit consists of one common share and one share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.44 per common share until May 25, 2019.

Azure Minerals Ltd – 27.0m @ 4.1 g/t Gold Intersected at Loma Bonita

Azure’s Managing Director, Tony Rovira described the high grade nature of the gold intersections as highly encouraging for the Alacrán Project. “This is very exciting, particularly as the gold grades and thicknesses appear to be increasing towards the south,” he said. “As with previously announced gold intercepts at Loma Bonita, this mineralisation is situated near surface within oxidised rocks, which is very promising for future mining and processing operations. I now consider Loma Bonita to be a gold project with excellent silver credits. The high gold grades and significant widths of these intercepts augur well for the possible delineation of a significant gold deposit and are positive for the future development of the Alacrán project.”

Aura Minerals Announces Q1 2016 Financial and Operating Results and Voting Results for the Election of Directors

Jim Bannantine, the Company’s President and Chief Executive Officer stated, “Aura has met its operating cost and gold production targets at its San Andres and Sao Francisco mines during the first quarter of 2016 and is extremely well placed for the absorption of the Ernesto / Pau-a-Pique Project into the Company particularly given the location of the Project in Mato Grosso and the associated synergies with the Company’s Sao Francisco mine. We are confident that we can restart the EPP Project as a positive cash flowing mine in the second half of 2016 to replace Sao Francisco when it ceases mining operations and expect to update the market shortly on the completion of that transaction. Aura remains focused on optimizing its cash flows from its operating projects to maximize shareholder return and fully service third party debt. We believe the company is extremely well placed for continued financial success as well as measured growth.”

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