Oroco Resource Corp. announces that it has agreed to extend to August 15, 2013 the closing date for the sale to Goldgroup Mining Inc. of Orocos Cerro Prieto project so as to allow sufficient time for the completion of documentation relating to the financing announced today by Goldgroup.
AuRico Gold Inc. today announces preliminary second quarter operational results. All amounts are in U.S. dollars unless otherwise indicated.
– More high grade Cascada drilling results
– Substantial mineralised zone indicated at Cascada
– Positive implications for Promontorio development
– Porphyry copper exploration potential recognised
Gold Resource Corporation announced today that the U.S. District Court for the District of Colorado granted with prejudice the Company’s motion to dismiss the class action lawsuit filed by Nitesh Banker.
Coeur Mining, Inc. announced it produced 4.6 million ounces of silver and 60,757 ounces of gold during the second quarter of 2013. These production levels represent increases of 21% for silver and 7% for gold compared to the first quarter. Palmarejo’s silver and gold production increased 24% and 23%, respectively, over the first quarter of 2013.
Sierra Metals Inc. is pleased to announce its production results for the second quarter of 2013.
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report production results for the second quarter of 2013 and assay results from nine diamond drill-holes at the La Platosa Mine in Durango, Mexico .
Aura Silver Resources Inc. is pleased to announce that the Aura Silver / Intrepid Mines Ltd. joint venture will receive a payout of US $2.0 million net of prior concession fees owed to Pan American Silver Corp. The payout has been triggered by the completion of Pan Am’s sale of the West Taviche concession to Fortuna Silver Mines Inc. and is in accordance with the agreement between the Taviche JV and Pan Am which was completed in April 2012. The April 2012 agreement allowed Pan Am to retain a 100% ownership of West Taviche with the proviso that upon a sale of an interest greater than 70% in the property, US $2.0 million would be paid to the Taviche JV. In turn, the Taviche JV received a 100% ownership interest in the East Taviche concession where the Taviche JV has had the greatest amount of drilling success. Pan Am retains a 1.5% net smelter royalty in respect of East Taviche.
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