Month: March 2011

LONDON, ENGLAND–(Marketwire – March 16, 2011) – Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced that Graham Potts will step down from his position as Chief Financial Officer effective immediately. Graham will remain as Corporate Secretary of Arian.

“While not an accredited accountant, Graham accepted the CFO role to assist the Company during the ’08-’09 financial

Mercator Minerals Ltd. (“Mercator” or the “Company”) (TSX: ML) is pleased to announce that on March 11, 2011 Standard & Poor’s Canadian Index Operations announced the addition of Mercator to the S&P/TSX Composite Index as a result of its quarterly review. The addition will be effective at market open on Monday, March 21, 2011.

DENVER, March 16, 2011 /CNW/ — Vista Gold Corp. (“Vista” or the “Company”) (NYSE Amex and TSX: VGZ) today provided an overview of the Company’s recent operating highlights and selected financial results for the year ended December 31, 2010. The Company’s full financial results can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission (the “SEC”) and the Canadian securities regulatory authorities on March 14, 2011.

Marketwire) — 03/16/11 — Timmins Gold Corp. (TSX VENTURE: TMM). In an appearance on Canada’s Business News Network this afternoon, the CEO of Gammon Gold Inc. stated: “We will announce tomorrow when the Capital Gold special meeting will be, but it will be this month.” It seems that the CEO of Gammon intends to postpone the special meeting of the shareholders of Capital Gold Corporation.

Toronto, Ontario – (March 16, 2011) Argonaut Gold Inc. (TSX: AR) (“Argonaut” or the “Company”) is pleased to announce that Standard & Poor’s Index Operations will be adding Argonaut Gold to the S&P/TSX Global Gold Index and the Global Mining Index, effective as at the open on Monday, March, 21, 2011. The S&P/TSX Global Gold Index and Global Mining Index are leading benchmarks of the global gold and mining industry sectors.

At the end of 2010, Argonaut Gold had a fully diluted market cap of $383 million and an average trading volume of 150,000 shares a day. Since closing the Pediment Gold transaction on February 1, the fully diluted market capitalization is approximately $560 million with average trading volume of over 400,000 shares. The Pediment Gold transaction added approximately 30 million shares.

Vancouver, British Columbia (March 16, 2011) – Goldgroup Mining Inc. (“Goldgroup” or the “Company”) is pleased to announce that Goldgroup has completed its US$18.0 million Earn-In with DynaResource de Mexico S.A. de C.V. (“DynaMexico”) making Goldgroup a 50% owner of the San José de Gracia gold project in Sinaloa, Mexico (“San José de Gracia”).

Vancouver, British Columbia CANADA, March 15, 2011 /FSC/ – BCY Resources Inc. (BCY – TSX Venture), announces that further to the news release dated February 10, 2011, its name has changed to Mexigold Corp. The Company will commence trading under its new name and symbol, MAU, at the open on March 16, 2011 and will trade on a post-consolidated basis of one (1) new common share for every four (4) common shares currently issued and outstanding.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 15, 2011) – Farallon Mining Ltd. (“Farallon”) (TSX:FAN) today announced that Nyrstar Canada (Holdings) Ltd. (“Nyrstar Canada”), an indirect wholly owned subsidiary of Nyrstar NV (“Nyrstar”), had completed its Compulsory Acquisition (the “Compulsory Acquisition”) of 32,637,786 common shares of Farallon (the “Common Shares”), at a price of $0.80 in cash per Common Share pursuant to the Notice of Compulsory Acquisition made under Section 300 of the Business Corporations Act (British Columbia), and mailed to the holders of Common Shares who did not accept its offer dated 23 November 2010 to purchase all of the issued and outstanding Common Shares of the Company. On 5 January 2011, Nyrstar Canada acquired 462,400,996 Common Shares of the Company representing approximately 93.75% of the Common Shares of the Company. As of 15 March 2011, Nyrstar Canada owns 495,038,782 Common Shares of the Company representing 100% of the Common Shares of the Company.

Gold Resource Corporation (GORO) (NYSE Amex: GORO) today announced financial results for the fourth quarter and year ended December 31, 2010. CEO conference call is scheduled March 16, 2011. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

Leading natural resources fund manager Dr Markus Elsässer thinks investors need to be careful when buying into the rare earth story, and believes there are now better commodity opportunities elsewhere.