“To add the amount of ounces we’re adding there are simply not a lot of opportunities. It was almost a must-have for us to add this asset to our portfolio,” said Keith Neumeyer, president and CEO of First Majestic Silver. He was describing Orko Silver’s La Preciosa project in Mexico, one of the largest undeveloped silver deposits in the world and a project his company has been eyeing for more than two years.
Argonaut Gold Inc. has received inquiries regarding recent insider trading reports filed by members of senior management. The Company has been advised that certain members of management have engaged in trading their shares for personal tax planning purposes prior to the end of the calendar year. The Company also understands that no member of senior management has any present intention to materially change his overall equity interest in the Company.
Xtierra Inc. is pleased to announce that it has recently completed the acquisition of the necessary surface lands that will be required for the surface installations and development for its Bilbao zinc-silver-lead-copper deposit located 50km southeast of the State capital in Zacatecas, Mexico.
Agnico-Eagle Mines Ltd., Canadas fifth-biggest gold producer, is outperforming global competitors including Barrick Gold Corp. after overcoming weather conditions at its Arctic mine that sent costs soaring.
Golden Goliath Resources is looking forward to next year, in anticipation of the first ever diamond drilling program on the Nopalera property in Mexico, with hopes of uncovering a “company-building” gold deposit at the site.
First Majestic Silver Corp. is pleased to announce that it has entered into a US$50 million forward sale contract with Bank of America Merrill Lynch on a portion of its future lead and zinc production.
Endeavour Silver Corp. announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters (m) long by 300 m deep, still open for expansion.
Garibaldi Resources Corp. is pleased to announce that shareholders have voted in favor of the Company’s adoption of a shareholder rights plan ratified at the Company’s Annual General and Special Meeting held on December 14, 2012.
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