AuRico Gold Inc. today announces fourth quarter and annual operational results and also provides operational and capital investment guidance for 2013. All amounts are in U.S. dollars unless otherwise indicated. The Company will host a conference call and webcast on Friday, January 18, 2013 at 9:00 a.m. Eastern Time .
Scorpio Mining Corporation today announced its operating results for the fourth quarter ended December 31, 2012 and total 2012 production results for the Nuestra Señora Operation in Mexico.
Plata Latina Minerals Corporation has today entered into an agreement with Canaccord Genuity Corp., under which the Underwriter has agreed to buy, on a bought deal private placement basis, 7,500,000 Units of the Company at an issue price of C$0.40 per Unit for gross proceeds to the Company of C$3,000,000.
Gold Resource Corporation today announced preliminary 2012 fourth quarter and record year-end mill production of approximately 90,432 precious metal gold equivalent ounces and sets its 2013 Outlook. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $69 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.
Golden Minerals Company provides production results from the Velardena Operations for the fourth quarter 2012.
Southern Silver has entered into a finder’s fee agreement with Adrian Robles for his role in a previously announced transaction between Southern Silver and Freeport McMoRan Exploration Corporation (“Freeport”) with respect to the Cerro Las Minitas property (the “Property”) in Durango, Mexico (see news release of October 23, 2012). Pursuant to the finder’s fee agreement, Southern Silver will issue Mr. Robles: (i) 500,000 common shares
The now Telson Resources (CVE:TSN), the former Soho Resources, says its new shares have started trading today, post consolidation.
Kootenay Silver Inc. is pleased to announce following a scheduled two-week seasonal break, drilling has recommenced on its 30,000 meter, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. At present, a total of three core rigs are operating on site.
Argonaut Gold Inc. announced today that the Company achieved record gold production of 32,000 ounces during the 4th quarter ended December 31, 2012. This included 25,805 ounces at its 100% owned El Castillo Mine in Durango, Mexico and 6,195 ounces at its 100% owned La Colorada Mine in Sonora, Mexico. All dollar amounts are in US dollars except as otherwise noted.
Riverside Resources Inc. is progressing and set to deliver value and growth for its shareholders in 2013. The Company is strategically advancing and improving its portfolio with a strong partnership network and significant exploration activity planned for the upcoming year. In 2012, a challenging year for Junior Resource companies, Riverside still managed to deliver six completed drill programs while conserving capital and maintaining a tight share structure with only 35,200,000 shares outstanding and over $7M in cash reserves with no debt.
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