Month: August 2013

Goldgroup Reports Updated NI 43-101 Resource Estimate at the Cerro Prieto Project

Goldgroup Mining Inc. is pleased to report, further to the Company’s news release of April 29, 2013, an updated National Instrument 43-101 Measured and Indicated and Inferred mineral resource estimate for the Cerro Prieto Project located in Sonora, Mexico. Giroux Consultants Ltd. and Duncan Bain Consulting Ltd. have prepared and authorized the release of this NI 43-101 resource estimate. Goldgroup has today filed a NI 43-101 technical report on SEDAR relating to this resource estimate.

Mammoth Samples Up to 13.6 Grams Per Tonne Gold

Mammoth Resources is a mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company has an option to acquire 100% in the Tenoriba Property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The company continues to seek other option agreements in the Americas on other properties it deems to host above average potential for economic concentrations of precious metals mineralization.

Timmins Gold Reports Results for Q2 2013

Timmins Gold Corp. is pleased to report its financial results for the second quarter ended June 30, 2013. The comparative period is the three months ended June 30, 2012. All results are presented in United States dollars unless otherwise stated.

Coeur Reports Second Quarter 2013 Results

Coeur Mining, Inc. reported metal sales of $204.5 million, cash flow from operating activities of $63.3 million, or $0.63 per share, and capital expenditures of $27.2 million during the second quarter 2013.

U.S. Antimony Increases Mexican Production Sharply

United States Antimony Corporation reported a loss of $552,206 (which included non-cash charges of $414,451) on revenues of $2,954,677 for Q2 2013. Antimony production totaled 433,268 pounds versus 390,930 pounds for the second quarter of 2012. Mexican production of contained antimony increased to 201,463 pounds up 186% from the 70,259 pounds produced in the comparable quarter of 2012. Other non-Mexican supply during Q2 2013, however, was 88,866 pounds lower than a year earlier but has since resumed normal supply levels. USAC made its initial sale of silver and gold from its Los Juarez property in Mexico. Antimony prices fell by 34% year-over-year from $6.46 per pound to $4.22 per pound.

Avino July Production Report

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

All News