McEwen Mining Inc. announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr.Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview of the company’s current development plans and outlook for the price of gold.
Oremex Silver Inc. announces that it has made an application to the TSX Venture Exchange to extend the expiry date of 2,347,326 outstanding common share purchase warrants of the Company from May 28, 2012 to May 28, 2013, with all other terms and conditions of the Warrants remaining the same. Each Warrant is exercisable to purchase one common share of the Company at a price of $0.16 per common share. The application is subject to the approval of the TSX-V.
Kootenay Silver Inc. is pleased to provide a summary update with respect to its ongoing development activities at its flagship Promontorio Silver Project in Sonora, Mexico.
Esperanza Resources Corp. is pleased to announce the addition to the Companys management team of Mr. Daniel OFlaherty as Executive Vice President, Corporate Development, Mr. Johannes J. Miller as Vice President, Operations and Ms. Kylie Dickson as Chief Financial Officer.
Southridge Enterprises Inc. is pleased to announce the initial assay results from Trench #7 at Los Compadres. The Company has been actively conducting a trenching and sampling program at their Los Compadres property at Santa Maria del Oro, in Nayarit, Mexico.
Bowmore Exploration Ltd. would like to inform its shareholders that the drill campaign at the “Chivas property” is well underway and that three holes have now been completed. The initial drill program experienced some delays due to technical difficulties encountered by the previous drilling contractor. Therefore a second drill company “Major Drilling Group International Inc.” was contracted to complete the campaign. Samples of the first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and results should be available in the following weeks.
Vancouver, May 17, 2012 – Fortuna Silver Mines Inc. (NYSE: FSM | TSX: FVI | BVL: FVI | Frankfurt: F4S.F) is pleased to announce the launch of its new website at www.fortunasilver.com. The redesigned website offers quick and easy access to company information and new multi-media features including a corporate video and an improved investor’s center.
CM12-411: 314 g/t (9.2 opt) silver with 1.6 g/t gold, 7.6% lead and 14.0% zinc over 4.35 metres
CM12-405: 2,367 g/t (69 opt) silver with, 61.7% lead and 0.2% zinc over 1.71 metres
CM12-397: 157 g/t (4.6 opt) silver with 0.8 g/t gold, 4.7% lead and 10.6% zinc over 5.87 metres
CM12-399: 150 g/t (4.4 opt) silver with 2.2 g/t gold, 3.3% lead and 17.0% zinc over 3.36 metres
Jacinto Martinez is the labor secretary of Section 65 of the Mineros, Mexico’s union for miners and one of the oldest unions in the country. His union has been on strike for five years at the huge Cananea mine, one of the longest strikes in the history of North America. Critical support for this strike has come from the United Steelworkers, and both unions have announced their desire to merge to form a single organization.
U.S. Antimony Corporation announced today that its shares will begin trading on the NYSE MKT on 21 May 2012, ticker symbol “UAMY”. Mr. John Lawrence, CEO, commented, “We are very pleased with this development as we expect a wider audience for our stock; tighter spreads between the bid and asked prices; and improved liquidity. Our Designated Market Maker, J. Streicher & Co., LLC, has unmatched experience in trading mining shares since 1911.”
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