AuRico Gold Inc. is pleased to provide highlights of the 2011 exploration programs completed at the Company’s expanded asset base in Canada, Mexico and Australia. The Company expects to release a company-wide reserve and resource update in the first quarter of 2012. (Refer to Tables in the Appendix for selected drilling results).
Revolution Resources Corp TSX:RV is pleased to announce that Mr. Terry Bell has been appointed to the Board of Directors.
Riverside Resources Inc. is set to deliver strong growth catalysts and bring value for its shareholders in 2012. Drilling Riverside owned prospects and pushing for discovery will continue to be a main focus for the Company. Riverside anticipates results from five different partner-funded drill programs over the course of the year, and the Company is constantly evaluating new potential deals and partnerships to further increase the junior and alliance partner spending already expected on the portfolio in 2012. The upcoming year will build upon 2011 where Riverside successfully delivered on its goals to:
Minefinders Corporation Ltd. is today reporting its production and sales results for the quarter ended December 31, 2011 and for the full 2011 year. Full 2011 financial and operating results will be released after market close on Thursday, February 23, 2012.
SilverCrest Mines Inc. is pleased to announce that it has retired the Project Loan Facility with Macquarie Bank Limited related to the construction of the Santa Elena Mine located in Sonora, Mexico. The original amount of the loan was $12.5 million USD and the principal balance outstanding at September 30, 2011 was $7.1 million USD. The loan retirement was funded entirely with cash flow from operations and was repaid 21 months ahead of schedule.
United States Antimony Corporation reported that the flotation mill in Guanajuato, Mexico has been completed and is ready for production. To start milling operations, dump rock was hauled from older workings at the Los Juarez antimony/silver/gold property in Queretaro, Mexico. Six samples were taken on a regular basis from approximately 19 truckloads or 420 metric tons from dump rock from an open pit called “Minas Grande.” The significance of this dump is that it was mined to a depth of 40 meters indicating that the deposit is not just a layered, “Manto”, deposit of 5 meters thickness.
Goldgroup Mining Inc. announces that the technical report on the updated mineral resource estimate on the San José de Gracia project titled “NI 43-101 Technical Report on the San José de Gracia Project – Updated Resources Estimates on the Tres Amigos, San Pablo, La Union, La Purisina Zones – Northeast Sinaloa, Mexico” effective September 5, 2011 and dated January 3, 2012, has been filed on SEDAR in compliance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects requirements. This filing is further to the Company’s previously announced updated mineral resource estimate on November 23, 2011.
Alamos Gold Inc. reports fourth quarter and full year 2011 operating results. The Company is also providing its 2012 production guidance and operating, development and exploration budgets.
Alamos Gold Inc. reports fourth quarter and full year 2011 operating results. The Company is also providing its 2012 production guidance and operating, development and exploration budgets.
Prospero Silver Corp. is pleased to announce the acquisition (through staking) of an additional 9,771 hectares in the Santa Maria del Oro gold/silver district. The new ground lies to the west, south and east of the historic, high-grade Magistral vein system. With this addition, Prospero holds 16,124 hectares that virtually surround the historic Magistral del Oro mines, records for which indicate historic grades exceeded 15 g/t Au from oxides ores mined through the mid 20th century.
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