Month: August 2011

Primero Mining Corp. announced today that the arrangement agreement with Northgate Minerals Corporation dated July 12, 2011, has been terminated.

Gold Resource Corporation updates shareholders on third quarter production and formal resource report progress. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico. The Company has returned over $24.6 million to shareholders in special monthly dividends since declaring commercial production July 1, 2010.

Vancouver, Canada, August 29, 2011–Fortuna Silver Mines Inc. (TSX: FVI / Lima Stock Exchange: FVI / www.fortunasilver.com) is pleased to announce that it has been authorized to apply to list its common stock on the New York Stock Exchange (NYSE). The application was submitted on August 25, 2011.

TUCSON, Ariz., Aug 26, 2011 (GlobeNewswire via COMTEX) — International Silver Inc. (“International Silver” or the “Company”) (otcqb:ISLV), announced today the completion of a $1,155,000 private placement of its securities. The private placement consisted of the issuance and sale of an aggregate of 7,699,998 units (the “Units”) at a purchase price of $0.15 per unit. Each Unit is comprised of one share of common stock and a three-year warrant to purchase one share of common stock at a price of $0.20 per share. Casimir Capital LP was the placement agent for the financing. The Company paid placement agent fees of $80,850 and issued three-year placement agent options to purchase a total of 539,000 Units at a purchase price of $0.15 per Unit.

CANGOLD LIMITED (TSX-V: CLD, the “Company”) reports that it has closed the second and final tranche of its non-brokered private placement financing announced on April 26, 2011. On closing, the Company issued 4,808,000 units at $0.50 per unit for gross proceeds of $2,404,000. Each unit comprises one common share and one-half of one non-transferable Series R share purchase warrant.

SAGUENAY, QUEBEC–(Marketwire – Aug. 24, 2011) – Mr. Bernard Lapointe, Chairman and Chief Executive Officer of Arianne Resources Inc. (the “Company” or “Arianne”) (TSX VENTURE:DAN)(FRANKFURT:JE9N)(OTCBB:DRRSF) is pleased to announce the appointment of Jim Cowley as President of the Company and the appointment of Dave DeBiasio as Director of the Company.

Vancouver, British Columbia CANADA, Aug 24, 2011 (Filing Services Canada via COMTEX) — Westridge Resources Inc. (WST – TSX Venture), is pleased to announce the appointment of Peter Schulhof as Chief Executive Officer and director of Westridge Resources Inc. Mr. Schulhof is an experienced businessman with over 30 years’ experience in both the public markets and private enterprise. For the past decade Mr. Schulhof has worked in the mining industry, including in junior resource exploration and is well qualified to lead the company through its next stage of growth which will entail oversight of the development of the Company’s newly acquired Charay project in Mexico, and to pursue additional acquisitions and market expansion. A component of Mr. Schulhof’s prior experience included significant development projects in Mexico. This experience will greatly assist the Company as it shifts its focus to its Mexican project.

Aug 23, 2011 (MARKETWIRE via COMTEX) — High Desert Gold Corporation (“HDG” or the “Company”) reports that it has released its unaudited condensed interim consolidated financial statements for the six months ended June 30, 2011 and the related management’s discussion and analysis of financial position and results of operations (“MD&A”).

Aug 22, 2011 (SmarTrend(R) News Watch via COMTEX) — Shares of Vista Gold (AMEX:VGZ) are trading up 4.5% to $3.28 today on above average volume. Approximately 608,000 shares have traded hands today vs. average 30-day volume of 489,000 shares.

TORONTO, Aug. 22, 2011 /CNW/ – Zaruma Resources Inc., (TSXV: ZMR), (the “Company” or “Zaruma”) today reported that an aggregate of 5,400,000 options to purchase one share of the Company at C$0.10 per share for five years have been granted to seven directors and one officer of the Company.