International Millennium Mining Corp. reports its financial statements and MD&A for the 4th Quarter and Year Ended December 31, 2012. Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the 2012 Audited Consolidated Financial Statements for the year ended December 31, 2012.
VVC Exploration Corporation is pleased to announce that, further to its news release of April 12, 2013, the Company has filed the required preliminary documents with the TSX Venture Exchange in connection with the execution of a non-binding letter of intent with Camex Mining Development Group Inc., pursuant to which, the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence. Accordingly, the TSX-V has confirmed that the Company’s stock halt will be lifted. The Company expects trading to resume at market open on Thursday, May 2, 2013.
Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company has received permission from the TSX Venture Exchange to extend the close of the current financing to on or by May 30, 2013.
Sierra Metals Inc. is pleased to announce its production results for the first quarter of 2013.
Scorpio Mining Corporation reports that the federal Mexican Secretariat of Environment and Natural Resources (SEMARNAT) has issued to its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., a resolution approving the Environmental Impact Statement pertaining to its application for the development of underground mining operations at the El Cajón and San Rafael projects, located in the Cosalá Norte District, 14 and 17 kilometers by road respectively from the Nuestra Señora processing facility.
Revolution Resources Corp. is pleased to announce it has entered into an agreement to sell the Concepcion property, totaling 117 hectares to Minera Rio Tinto, S.A. DE C.V. for US$4,000,000. Concepcion is located within Revolution’s 26,000 hectare Montana de Oro property, in Sonora State, Mexico.
AuRico Gold Inc. today announced that Mr. Colin Benner, the Company’s Executive Chairman, is taking a leave of absence for health reasons. Mr. Ron Smith, the Company’s Lead Director, will serve as Non-Executive Chairman in the interim. Mr. Smith has been a non-executive director of the Company since 2009 and is chair of the Audit Committee.
Primero Mining Corp. is pleased to announce that eligible Cerro Resources NL Shareholders and Option holders voted to approve the previously announced acquisition of Cerro by Primero. Approval includes the spinout of Cerro’s non-Cerro del Gallo assets of which Primero will own 19.99%.
Avino Silver & Gold Mines Ltd. is pleased to announce that it has completed installation and testing on the new 250 tonne per day circuit (“Circuit 2”) at its processing facility located on the Avino property near Durango, Mexico.
Elgin Mining Inc. announces that the Company has taken and will continue to undertake the following steps in order to effectively manage the Company’s treasury in light of the current market turbulence and weakening of the price of gold:
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