International Northair Mines Ltd. is pleased to announce that Focus Ventures Ltd. has reported to Northair that a drill program has commenced at the Company’s El Reventon silver-gold property, located in the State of Durango, Mexico.
First Majestic Silver Corp. is pleased to announce that the expansion that commenced at the La Guitarra Silver Mine in November 2012 is now complete. The processing plant’s capacity increased by 40% to 500 tpd from 350 tpd and commercial production is expected to reach 500 tpd during the month of May.
Silver Bull Resources, Inc. is pleased to announce further to its news release dated March 18, 2013, it has filed its updated NI43-101 Technical Report titled “Technical Report on the Resources of the Silver-Zinc Sierra Mojada Project Coahuila, Mexico” dated April 30, 2013 on SEDAR at www.sedar.com. The Technical Report was completed by JDS Energy & Mining Inc. on the silver and zinc mineralization of the “Shallow Silver” and “Zinc” Zones at the Sierra Mojada Project in Coahuila, Mexico. Highlights at various cutoff grades for the silver include:
United States Antimony Corporation reported the start up of an antimony oxide mineral circuit at its Puerto Blanco antimony flotation mill located in Guanajuato, Mexico which increases its milling capacity from 150 tons per day to 225 tons per day. With the exception of USAC’s Los Juarez property, most antimony properties in Mexico contain oxide or mixed oxide-sulfide minerals. The sulfide minerals are recovered by flotation, but the oxide minerals must be recovered by gravimetric methods.
Vista Gold Corp. is pleased to announce the results of its 2013 annual general and special meeting of shareholders held in Vancouver, British Columbia on April 30, 2013. At the Meeting, all nominees listed in the management information and proxy circular for the Meeting were elected as directors of the Company. Detailed results of the vote by ballot are as follows:
New Gold Inc. today announces financial and operational results for the first quarter of 2013. The company is also pleased to provide an updated Mineral Resource estimate for the C-Zone at New Afton.
70 m at Average of 5.25g/t AuEq over 1.7m Width on Carmen Level 3
NWM Mining Corporation is pleased to report an operating net income of $3,393,813 for the year ended December 31, 2012.
Sierra Metals Inc. is pleased to announce that the Company has completed its first quarterly cash dividend payment of $2.5 million, or $.016 per common share to shareholders on April 30, 2013. The Company announced its inaugural $10.0 million cash dividend policy on February 12, 2013 (see press release dated February 12, 2013 here) as a result of substantial production increases and significant cash flows from operations realized in 2012.
Gold Reserve Completes $125,000 Option Payment to Soltoro in Preparation for Drilling the La Tortuga Copper Gold Project
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