Month: November 2013

Great Panther Silver Reports Lower Costs and Improved Operating Margins for the Third Quarter 2013

Great Panther Silver Limited today reported financial results for the Company’s three and nine months ended September 30, 2013. The full version of the Company’s financial statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.greatpanther.com, or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.

Riverside and Alliance Partner, Hochschild Mining Plc., Acquire 100 Percent Interest in Three Gold Projects in Sonora Megashear Gold Belt, Mexico

Riverside Resources Inc. is pleased to announce that Riverside Resources Inc. has signed a binding Letter Agreement with Argonaut Gold Inc. to acquire an undivided 100% interest in the Bohemia, Texson, and Cien gold projects located in the prolific Sonora Megashear Gold Belt. The Bohemia project is of particular interest as high-grade gold has been observed in veins, stockwork, and wall rocks, with 27% of Riverside’s 142 field-check rock chip samples grading greater than 1 g/t Au and up to 20.3 g/t Au. Bohemia is located 15 km northwest of the past producing La Choya Mine, which is now being redeveloped by Penoles, and in the same mineralized belt as the multi-million-ounce deposits in the Herradura, Noche Buena, and Soledad-Dipolos Mines operated by Penoles-Newmont. Further information on all of the acquired Properties can be found in the Property Details section below.

Seeking Alpha – Endeavour Silver: Full Steam Ahead

Endeavour Silver (EXK) is a primary silver mining company with three operating assets in Mexico. Results for the third quarter of the year were released today. In this article, we would like to provide some context and commentary with regards to this latest financial report.

Quaterra Provides Corporate Update and Status of NYSE Listing

Quaterra Resources Inc. today announced the implementation of the following key corporate initiatives from August to the end of October that have helped the Company continue on its path of asset monetization and general corporate restructuring: the receipt of $1M from the acquisition of property by Freeport-McMoran Mineral Properties Inc. near Butte Valley, Nevada; the successful completion of an oversubscribed $2.9M private placement; the sale of three properties in central Mexico to Goldcorp Inc. for a total of $375,000 plus a 2% NSR royalty on each property capped at $2M; and aggressive cost cutting measures to lower general and administrative costs.

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