Month: June 2011

GUADALUPE, Mexico–(BUSINESS WIRE)–Sonora Resources Corp. (OTCBB: SURE) (“Sonora Resources” or the “Company”) is pleased to announce today that Mark E. Scott has been appointed as Chief Financial Officer. Mr. Scott will be responsible for all financial functions for the Company and will work with Mr. Juan Miguel Ríos Gutiérrez, the Company’s Chief Executive Officer, on the implementation of the Company’s growth strategy.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 15, 2011) – Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) (“Pan American” or the “Company”) today announced that it has filed amended and restated unaudited interim financial statements for the three months ended March 31, 2011 to include additional disclosure in Note 2 relating to an International Financial Reporting Standards (“IFRS”) to Canadian GAAP reconciliation of equity as at March 31, 2010, as required by IFRS 1 paragraph 32(a)(i).

HALIFAX – Brigus Gold Corp. (TSX:BRD) has reversed a year-earlier loss to post a profit in the first quarter despite a decline in revenue.

Sonora Resources Corp. focuses on the acquisition and exploration of international silver and gold mining properties. They look for properties located in regions that enjoy stable politics, sound economies and friendly business environments. Their business model incorporates the exploration and development of historical mine sites. Sonora Resources Corp.’s shares trade on the OTCBB. The Company has their headquarters in Las Vegas, Nevada.

TORONTO, ONTARIO–(Marketwire – June 15, 2011) – ECU Silver Mining Inc. (TSX:ECU) reports that it has recently released its consolidated financial statements for the first quarter ended March 31, 2011 (Q1 2011) and the related management’s discussion and analysis of financial position and results of operations (MD&A). The Company increased revenues by 88% and cash flows from mining operations by 149% over the same period ending March 31, 2010 (Q1 2010). The Q1 2011 financial statements were prepared in accordance with International Financial Reporting Standards (IFRS).

VANCOUVER, June 15, 2011 /PRNewswire/ – Mercator Minerals Ltd. (“Mercator” or the “Company”) reports its results for the three month period ended March 31, 2011. This release should be read with the Company’s unaudited financial statements and management discussion and analysis available on the Company’s website and filed on SEDAR under the Company’s issuer profile.

Vancouver, B.C. — Starcore International Mines Ltd. (the “Company”) has filed the results for the quarter ended April 30, 2011 for the Company and its mining operations from the San Martin Mine, Queretaro, Mexico. Starcore had earnings from mining operations of $ 5.18 million, which was an increase of $1.78 million over the prior quarter ended January 31, 2011 of $3.4 million, and loss for the period of $0.97 million for the quarter ended April 30, 2011, on revenues from metal sales of $13.86 million. Over the nine month period ended April 30, 2011, the Company reports revenues of $29.96 million, earnings from mining operations of $11.24 million and a loss for the period of $2.87 million. The basic and diluted loss per share for the quarter ended April 30, 2011 was $0.01 and $0.03 per share for the nine months ended April 30, 2011. The loss for the quarter includes a net $3.28 million non-cash unrealized loss on forward sales contracts, and the net loss for the nine months ended April 30, 2011, includes a $4.66 million unrealized loss on forward sales contracts.

Revenues for the period, which totaled $3.9 million, remained fairly consistant with the three months ended December 31, 2010, however, this was achieved on fewer tons sold but with an improved average ore grade in this period and significantly higher realized metal prices.

Lincoln Mining Corporation (TSX VENTURE:LMG) (“Lincoln” or the “Company”) is pleased to announce that it has closed the previously announced private placement.

Creston Moly Corp. (TSXV: CMS) (“Creston”) and Mercator Minerals Ltd. (TSX: ML) (“Mercator”) are pleased to announce that the shareholders of Creston have voted overwhelmingly in favour of the previously announced friendly business combination, by way of Plan of Arrangement (the “Arrangement”) with Mercator at its Special Meeting of Shareholders held on June 14, 2011.