THUNDER BAY, ONTARIO, Nov 04, 2011 (MARKETWIRE via COMTEX) — SOURCE EXPLORATION Corp. (the “Corporation” or “Source”) (tsx venture:SOP) announces that 100,000 options to purchase common shares of the company are being granted to an officer of the Company at an exercise price of $0.27 per share, expiring on November 3, 2016. The grant is subject to regulatory approval.
VANCOUVER, Nov. 4, 2011 /CNW/ – Westminster Resources Ltd. (the “Company”) (TSX-V: WMR), announces that it has negotiated a non-brokered private placement of 12,000,000 shares at $0.10 per share for gross proceeds of $1,200,000.
Primero Mining Corp. (“Primero” or the “Company”) today reported financial and operational results for the third quarter ended September 30, 2011. The Company produced 27,450 gold equivalent ounces(1)at a total cash cost(2)of $641 per gold equivalent ounce leading to record net earnings of $35.1 million ($0.40 per share) and operating cash flows before working capital changes(3)of $50.5 million ($0.57 per share).
VANCOUVER, BRITISH COLUMBIA, Nov 02, 2011 (MARKETWIRE via COMTEX) — SilverCrest Mines Inc. /quotes/zigman/325516 CA:SVL +4.46% (otcqx:STVZF) (the “Company”) is pleased to announce the appointments of Dr. Salvador Aguayo Salinas as Vice President Corporate Development in Mexico and Fabio Velarde as General Manager for the Santa Elena Mine. Dr. Aguayo will be based in Hermosillo, Mexico, and will report to N. Eric Fier, CPG, P.Eng., President of Nusantara de Mexico SA de CV, a subsidiary of the Company. Mr. Fabio will be based at the Santa Elena mine site and report to Brent McFarlane, V.P. of Operations.
TORONTO (miningweekly.com) Timmins Gold Corp, which mines the precious metal in Mexico, will float its shares on the NYSE Amex on November 4, the company said on Wednesday.
Endeavour Silver Corp. announced today its financial and operating results and unaudited financial statements for the Third Quarter, 2011. Endeavour owns and operates two high-grade, underground, silver-gold mines in Mexico, the Guanacevi Mines in Durango State and the Guanajuato Mines in Guanajuato State.
Cerro Resources NL is pleased to release a summary of the Company’s quarterly activities, and report significantly higher silver recoveries from the HPGR test work at Cerro Del Gallo. The detailed Quarterly Report which includes the financial statements and discussions, for the period ending September 30, 2011, has been filed on www.sedar.com and on the Company’s website, www.cerroresources.com
Starcore International Mines Ltd. has filed the results for the year ended July 31, 2011 for the Company and its mining operations from the San Martin Mine. Over the year ended July 31, 2011, the Company reports revenues of $39.5 million, earnings from mining operations of $13.8 million and a net loss of $4.0 million, which includes a net $6.6 million non-cash unrealized loss on forward sales contracts and a $234,000 non-cash stock-based compensation charge on option awards vested in the year. The basic and diluted loss per share for the year ended July 31, 2011 was $0.05.
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