Month: July 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.

Gold Resource Corporation announced today that Robert Muffly has resigned from the Company’s Board of Directors effective immediately pursuant to the terms of the Strategic Alliance Agreement dated December 5, 2008 between the Company and Hochschild Mining Holdings Ltd. The Company has returned over $85 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Amex Exploration Inc. is pleased to announce the creation of a Technical Advisory Committee and the appointment of three well respected mineral exploration and mining industry veterans. These three individuals are expected to provide additional guidance to the Company’s exploration and acquisition strategies.

Endeavour Silver Corp. announces that the Second Quarter 2013 revenues reported on July 10, 2013 were understated by 12% due to the marking to market of certain concentrate sales that had already received final pricing during the quarter.

Levon Resources Ltd. is pleased to announce that Ms. Alka Singh has joined the Levon team as Levon’s Director of Communications. In this capacity, she will be responsible for spearheading strategic direction initiatives and planning, including coordination and management of Levon’s integrated marketing, public relations, and strategic communications program. She will work with both external and internal resources to promote the field of communication and create and communicate the company’s messages and ensure overall continuity of corporate brand consistency and image. In addition, she will be responsible for the overall planning, organization, and direction of Levon’s communication strategies and public information activities and promotion.

Avino Silver and Gold Mines Ltd. is pleased to announce the Q2 and June 2013 production results from its San Gonzalo mine and Historic Avino Mine surface stockpile operations located on the Avino property near Durango, Mexico.

Golden Sun Mining Corp. has scheduled an extraordinary general meeting to be held September 11, 2013. At the meeting shareholders will be asked to approve a consolidation of the company’s share capital on a one-new-for-10-old basis. Following the consolidation, the company will have approximately 5.5 million shares issued and outstanding.

Mammoth Resources Corp. would like to announce the re-pricing of its previously announced non-brokered private placement financing for up to 7,000,000 units of the company at a price of $0.07 per Unit to raise gross proceeds of up to $490,000, announced June 13, 2013.