Month: January 2014

Bacanora Minerals Ltd. is announcing the filing of a Technical Report (“Report”) in respect of its El Sauz and Fleur concessions (“Concessions”) under joint venture with Rare Earth Minerals PLC (“REM”) that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and is entitled, Initial Estimate of Inferred Resources for Alkali Metals and Alkali Earth Metals – El Sauz & Fleur Concesions – Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company’s website.

Sierra Metals Inc. is pleased to announce its fourth quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company, payable on January 31, 2014 to the holders of the issued and outstanding Common Shares as of the close of business on January 21, 2014.

Endeavour Silver Corp. achieved its ninth consecutive year of production growth in 2013, reporting record production of 6,813,068 ounces (oz) silver and 75,578 oz gold. The Company also set a new record for quarterly silver and gold production in the Fourth Quarter, 2013 from the Company’s three operating silver mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State.

Big North Graphite Corp. announces that further to the Company’s press release of December 31, 2013 it has closed a non-brokered private placement of $250,000 aggregate principal amount of unsecured convertible notes. The Notes mature on January 9, 2015 and are convertible into units of the Company at a price of $0.05 per Unit at the holder’s option.

Goldcorp Inc. today announced gold production and preliminary cash costs for 2013, and provided production and cash cost guidance for 2014 and the five-year period ending 2018.

Canasil Resources Inc. is pleased to announce that Mr. Iain MacPhail has agreed to serve as a director of the Company. Mr. MacPhail has previously served as Chief Financial Officer of the Company and is currently an advisor to the Board. He was Chief Financial Officer of Far West Mining Ltd. from September 2004 to June 2011, during the period that Far West raised approximately $50 million for the exploration and development of its projects in Chile, Argentina and Australia until the acquisition of Far West in June 2011 by Capstone Mining in a transaction valued at $725 million. A Chartered Accountant, Mr. MacPhail served as a principal of a public accounting practice in Vancouver, B.C., from 1988 to 2007, prior to which he specialized in the tax practices of two major accounting firms in Vancouver and Toronto. He has been an officer, director and Chief Financial Officer of several private and public resource companies where his responsibilities included finance, administration and regulatory reporting.