Month: June 2012

Yamana Gold Provides 2012 Exploration Update

Mercedes, Mexico – New discovery at Barrancas where drilling has intersected mineralization approximately 600 metres north of Lagunas Norte. Infill drilling at Lupita is confirming the width and grades of mineralization and is expected to continue growth of the measured and indicated mineral resources.

Orko Silver Reports on the Progress of Ongoing Advanced Studies

Orko Silver Corp. Orko Silver Corp. reports today that technical issues causing delays in the completion of the updated resource estimate have been solved. Orko is anticipating the results of a new independent resource estimate currently being prepared by Mining Plus, an international mining consulting firm later this month.

GoGold gets in on $1-billion metal deal

In return for more than doubling its share float, a Halifax junior exploration company has gained access to the equivalent of $1-billion worth of Mexican precious metals, according to an independent report.

Goldcorp Declares Sixth Monthly Dividend Payment for 2012

Goldcorp Inc. is pleased to declare its sixth monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, June 14, 2012 will be entitled to receive payment of this dividend on Friday, June 22, 2012. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

Riverside and Sierra Madre Announce Initial Drill Results at the Penoles Project

Riverside Resources Inc. and its partner, Sierra Madre Developments are pleased to announce drill results including 20.9 meters of 1.01 g/t gold from the first two drill holes completed as part of the 2012 drill program at the El Capitan Target (a bulk tonnage oxide gold target), which forms part of the Company’s Peñoles Project in Durango, Mexico. Drilling in 2011 tested approximately 60% of the strike extent of the zone and the objective of the current drill program (funded by Sierra Madre) is to test the down-dip extent, further test the westward strike extension, and provide sufficient drill hole density for an initial resource calculation on the El Capitan gold zone.

Excellon Announces Resignation

Excellon Resources Inc. Mexico’s highest grade silver producer, announces that effective June 1, 2012, Mr. Jeremy Wyeth, Chief Executive Officer has resigned from the Company to pursue other interests.

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