Tag: Investor’s Corner

Avino Silver & Gold Mines Ltd. and Bralorne Gold Mines Ltd. are pleased to report that the previously announced arrangement has been completed. Avino has acquired all of the outstanding common shares of Bralorne not already owned by Avino, in exchange for issuing up to 2,636,844 common shares of Avino to the shareholders of Bralorne, resulting in Bralorne becoming a wholly-owned subsidiary of Avino. Fractional shares of Avino have been rounded down to the nearest lower whole share. All unexercised outstanding stock options of Bralorne have been cancelled. For complete details of the plan of Arrangement, interested persons are directed to the Information Circular filed on SEDAR (www.sedar.com) on September 12, 2014 by Bralorne under its SEDAR profile.

Almaden Minerals Ltd. announces that the independent NI 43-101 Preliminary Economic Assessment Update Technical Report, for its gold-silver Ixtaca Deposit, Mexico, has been completed and filed on SEDAR. A summary of findings from the PEA were announced in Almaden’s press release issued September 3rd, 2014. The full report, “Preliminary Economic Assessment of the Ixtaca Project”, prepared by Moose Mountain Technical Services can be obtained from www.sedar.com. The independent qualified persons responsible for preparing the Ixtaca Preliminary Economic Assessment are Jesse Aarsen, P.Eng. and Tracey Meintjes, P.Eng. of MMTS, Ken Embree, P.Eng. of Knight Piésold Ltd., Kris Raffle, P.Geo. of APEX Geoscience Ltd., and Gary Giroux, M.A.Sc., P.Eng. of Giroux Consultants Ltd., all of whom act as independent consultants to the Company, are Qualified Persons as defined by National Instrument 43-101 and have reviewed and approved the contents of this news release.

El Tigre Silver Corp. is pleased to announce the appointments of John H. Bluher, Patrick L. Avery and Ron Hodgson to the Company’s Board of Directors effective immediately.

Timmins Gold Corp. is pleased to report preliminary production results for the Company’s third quarter ended September 30, 2014. The Company produced 27,013 gold equivalent ounces during the quarter. Production for the first three quarters of 2014 was 97,687 gold equivalent ounces. Production during the quarter was impacted by record storms and rainfall in September which restricted access to the pit. This resulted in the Company processing lower grade ore from stockpiles and also caused dilution of gold in the leaching solutions, which reduced the recovered ounces. Despite the disruptions caused by the storms, including power outages, the operating team managed to maintain average crushing throughput in excess of 24,000 tpd. Operations are now back to normal. Management maintains production and cost guidance for the year and expects to reach the higher range of production guidance of 115,000 to 125,000 ounces of gold equivalent.

Primero Mining Corp. announced today that Mr. Renaud Adams , President and Chief Operating Officer, has resigned effectively immediately to pursue other opportunities. Mr. Adams’ duties will be assumed by senior management on an interim basis while a search for his replacement is completed.

Tamino Minerals, Inc. is pleased to announce that it has focused its efforts to expand its Mineral Exploration and Extraction operations by finalizing the strategy of acquisitions for the Exploration and Extraction of Iron Ore in Mexico.

Great Panther Silver Limited today announced third quarter production results at its two wholly-owned Mexican silver mining operations, the Guanajuato Mine Complex, which includes the new San Ignacio satellite mine, and the Topia Mine.

Fresnillo podría tomar coberturas para una parte de su producción de oro con el fin de proteger una reciente inversión en el norte de México, tras una ligera caída en la producción de plata.

Levon Resources Ltd. is pleased to announce it has agreed to make an investment into Pershing Gold Corporation in the amount of US$9.85 million, acquiring 35,178,572 shares of common stock of Pershing, representing an approximate 9.9% interest in Pershing. The transaction is expected to close on or about October 17, 2014. Pershing’s common stock is traded on the OTCQB under the symbol PGLC.

SilverCrest Mines Inc. is pleased to announce silver and gold production results for the third quarter of 2014 from its 100% owned Santa Elena Mine located in Sonora, Mexico. The Santa Elena Mine is in the process of finalizing the transition from an open pit heap leach to underground mining and milling operations. For additional information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.