Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company has received permission from the TSX Venture Exchange to extend the close of the current financing to on or by May 30, 2013.
Sierra Metals Inc. is pleased to announce its production results for the first quarter of 2013.
Scorpio Mining Corporation reports that the federal Mexican Secretariat of Environment and Natural Resources (SEMARNAT) has issued to its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., a resolution approving the Environmental Impact Statement pertaining to its application for the development of underground mining operations at the El Cajón and San Rafael projects, located in the Cosalá Norte District, 14 and 17 kilometers by road respectively from the Nuestra Señora processing facility.
Revolution Resources Corp. is pleased to announce it has entered into an agreement to sell the Concepcion property, totaling 117 hectares to Minera Rio Tinto, S.A. DE C.V. for US$4,000,000. Concepcion is located within Revolution’s 26,000 hectare Montana de Oro property, in Sonora State, Mexico.
AuRico Gold Inc. today announced that Mr. Colin Benner, the Company’s Executive Chairman, is taking a leave of absence for health reasons. Mr. Ron Smith, the Company’s Lead Director, will serve as Non-Executive Chairman in the interim. Mr. Smith has been a non-executive director of the Company since 2009 and is chair of the Audit Committee.
Primero Mining Corp. is pleased to announce that eligible Cerro Resources NL Shareholders and Option holders voted to approve the previously announced acquisition of Cerro by Primero. Approval includes the spinout of Cerro’s non-Cerro del Gallo assets of which Primero will own 19.99%.
Avino Silver & Gold Mines Ltd. is pleased to announce that it has completed installation and testing on the new 250 tonne per day circuit (“Circuit 2”) at its processing facility located on the Avino property near Durango, Mexico.
Red Tiger Mining Inc. announces that it has closed the second tranche of its previously announced non-brokered private placement selling 5,000,000 common shares at a price of CAD$0.10 per Share for gross proceeds of CAD$500,000. The proceeds from this tranche will also be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.
Elgin Mining Inc. announces that the Company has taken and will continue to undertake the following steps in order to effectively manage the Company’s treasury in light of the current market turbulence and weakening of the price of gold:
Ross River Minerals Inc. reports its consolidated financial and operating results for the year ended December 31, 2012. This press release should be read in conjunction with the Company’s audited consolidated financial statements and Management’s Discussion and Analysis for the year ended December 31, 2012, available on SEDAR at www.sedar.com.
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