Month: May 2013

Arian Silver Corp. – Result of Annual General Meeting

London, England, Arian Silver Corporation (the “Company”) a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces that all the resolutions proposed at the Company’s Annual General Meeting, which was held earlier today, were duly passed.

First Majestic Reports First Quarter Earnings of $26.5 million on Revenues of $67.1 million

First Majestic Silver Corp. is pleased to announce the unaudited condensed interim consolidated financial results for the Company for the first quarter ending March 31, 2013. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

Yale Reports on AGM

Yale Resources Ltd. is pleased to report that all resolutions were passed at its Annual General Meeting held on May 14, 2013. The Board of Directors and management would like to thank all shareholders for their continued support and confidence.

Picacho Gold and Silver Property

Tara Minerals Corp. reports that Yamana Mexico Holdings B.V., a subsidiary of Yamana Gold Inc., has exercised its option to not complete the acquisition of American Copper Mining S.A. de C.V., the holder of the Picacho group of concessions, from its subsidiary, Adit Resources Corp.

Promontorio – Kootenay Silver Approaches Milestone with Latest Updated Resource Estimate on Promontorio Silver Project, Sonora, Mexico

Kootenay Silver Inc. is pleased to announce that an updated resource estimate prepared by SRK Consulting (U.S.) Inc. of Lakewood, Colorado incorporating the gold content contained into the mineral resources of its flagship Promontorio Silver Project, due to new metallurgical data and information which supports recovery of gold. This updated resource estimate does not incorporate any drilling completed since the resource estimate announced August 21, 2012.

Pan American Silver Reports Increased Silver and Gold Production During the First Quarter of 2013

Pan American Silver Corp. reported that its first quarter silver production increased 14% to 6.3 million ounces, while gold production increased 65% to 32,100 ounces as compared to the same period in 2012. The silver and gold production increases were largely the result of the addition of low-cost production from the Dolores mine, which was acquired on March 30, 2012. Total cash costs for the first quarter were $11.33 per ounce of silver, net of by-product credits, which was well below the Company’s guidance for 2013 of $11.80 to $12.80 per ounce of silver.

Drilling Expands New Central Zone at El Gallo 1 Mine

McEwen Mining Inc. announces that follow-up core holes at the new Central Zone have expanded the gold mineralization in several directions. Central is located inside the Company’s El Gallo 1 mine in Sinaloa, Mexico (Fig. 1). It is situated between two known resources, where mining began on April 1st (Fig. 2). Based on the results in this news release plus prior holes, there appears to be good potential to mine the area as one enlarged open pit rather than as two separate pits.

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