Virgin Metals Inc. is pleased to announce that it has signed a 25-year agreement with owners of the property hosting the Company’s recently acquired Potreritos concessions.
United States Antimony Corporation reported record sales of $13,118,090 for 2011 up 45% over $9,073,324 of 2010. Pre-tax income for 2011 was $742,530 up 138% from $312,213 recorded in 2010.
McEwen Mining Inc is pleased to provide an operational and development update for its projects in Argentina, Mexico and Nevada.
Newstrike Capital Inc. is pleased to announce the results of the first series of holes completed in the 2012 drill program at the Company’s 100%-owned Ana Paula Project, Guerrero Gold Belt. These drill results are from an exploration and delineation program begun in October of 2010 that continues to test a one by two kilometer exploration target area as defined by anomalous surface gold geochemistry and underlying geophysical anomalies. The results reported here include two drill holes from the ongoing delineation of the high grade Breccia Zone discovery located in the southeast quadrant of the target area, reports results from two holes located in the southwest quadrant that are part of program to follow up the new discovery announced with AP-11-67 (November 28th, 2011 press release), and reports on two drill holes located in the northeast quadrant that are from an ongoing step out drill program that continues to explore new targets.
Levon Resources Inc. is pleased to announce the filing of the Preliminary Economic Assessment for its 100%-owned, 20,000-hectare (49,400-acre) Cordero Project in northwest Mexico, the results of which were previously announced on January 30, 2012.
Record Gross Sales Revenue of $352.5 million, Net Earnings of $60.4 million ($0.20 per share), Cash Flow from Operating Activities of $86.4 million (All amounts in US$ unless otherwise specified)
NSGold Corporation, the Vancouver company developing the Mooseland gold property in Nova Scotia, has spun off its second company, NSX Silver Inc., and commenced trading for the new venture Wednesday on the TSX Venture Exchange.
Industrias Penoles SAB (PE&OLES*), the worlds largest producer of refined silver, will spend about the same on capital expenses this year as it did in 2011 as it seeks to boost production and reduce energy costs.
Golden Minerals Company is pleased to announce the appointment of Jan Dahlgren as Construction Manager for its wholly-owned subsidiary, Minera William, at the Velardena Project in northeastern Durango State, Mexico. Mr. Dahlgren brings worldwide experience to the Golden team, having worked during his career for Bechtel, Aker Solutions, Hatch, SNC Lavelin and others. He has held senior construction positions with dozens of large projects including Toromocho, Pierina, Tintaya, Antamina and Yanacocha in Peru as well as Pelambres, El Abra and La Candelaria in Chile. Mr. Dahlgren will report to David Drips, Project Director for Mexico, as the team aggressively expands the Velardena silver and gold operations.
Toronto, Ontario (March 14, 2012) Argonaut Gold Inc. (TSX: AR) (Argonaut Gold, Argonaut or the Company) is pleased to announce that Standard & Poors Index Operations will be adding Argonaut Gold to the S&P/TSX Composite Index effective as at the open on Monday, March 19, 2012.
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