Zaruma Resources Shares to Trade on TSX Venture Exchange

TORONTO, Aug. 9, 2011 /CNW/ – Zaruma Resources Inc., (TSXV: ZMR), (the “Company” or “Zaruma”) today reported that TSX Venture Exchange had accepted for filing documentation regarding the recently completed US$25 million equity financing resulting in the issue of 488,649,998 common shares of the Company and the same number of warrants permitting the holders to purchase one common share per warrant for C$0.10 for a period of two years. Also accepted for filing was the issue of 21,500,600 shares and warrants in exchange for the cancellation of all agreements between the Company and Glencore International AG and certain of its affiliates.

NWM Mining Corp Edges Lower on Lluvia de Oro Gold Mine Update

NWM Mining Corporation (NWM.V) announces that it has produced 303 oz. Au in May, 589 oz. Au in June and 1,150 oz. Au in July of this year (2011) from the Lluvia de Oro gold mine. It said production in each of the first three months of operation has exceeded budgeted expectations. Production expectations for the balance of 2011 range from 9,000-13,500 oz. Au and for next year (2012) range from 35,000 to 42,000 oz. Au.

Endeavour Silver Reports $10.6 Million Adjusted Earnings in Q2, 2011 Thanks to Rising Silver-Gold Production and Precious Metal Prices

VANCOUVER, BRITISH COLUMBIA, Aug 03, 2011 (MARKETWIRE via COMTEX) — Endeavour Silver Corp. (frankfurt:EJD) announced today its financial and operating results and unaudited financial statements for the Second Quarter, 2011. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.

Windstorm Announces VP Exploration

Windstorm Resources Inc. (TSX-V: WSR, FRA: 4WE, WKN: A1H700, “Windstorm” or the “Company”) is pleased to announce the appointment of Mr. Carl Verley, B.Sc., P.Geol. as its Vice President of Exploration.

Goldcorp Revenues Increase 62%

GOLDCORP INC. today reported operating cash flows before working capital changes1 of $717 million for the second quarter of 2011 based on gold production of 597,100 ounces at a total cash cost2 of $185 per ounce. Adjusted net earnings from continuing operations3 in the quarter increased to $420 million, or $0.52 per share, compared to $199 million, or $0.27 per share, in the second quarter of 2010. Reported net earnings from continuing operations were $489 million compared to $524 million in the second quarter of 2010.

Mexico’s Minera Frisco 2Q Net Loss MXN372 Million

MEXICO CITY -(Dow Jones)- Mexican mining company Minera Frisco SAB (MFRISCO.MX) on Wednesday posted a net loss in the second quarter as losses on metals futures pushed up financial costs, offsetting higher sales and operating profit.

Zaruma Resources Announces Completion of Financing

Zaruma Resources Inc.today announced that it has completed the previously announced US$25 million equity financing and US$30 million debt financing. Funds have been released from escrow, Mexican court approved agreements have ended the litigation with various creditors in Mexico, and the necessary filings were made in certain courts and registries in Mexico that will result in the removal of existing liens on the Company’s mining concessions. The Company has issued 488,649,998 common shares and 488,649,998 warrants permitting the holder to acquire the same number of common shares at a price of C$0.10 for a period of two years as part of the equity financing.

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