Day: April 15, 2014

Sutter Gold Mining Inc. Announces Appointment of New CFO

Sutter Gold Mining Inc. announces that the Board of Directors has appointed a new Chief Financial Officer in an effort to further reduce ongoing general and administrative costs while maintaining financial and reporting standards.

Candente Gold Corp. : JDS Mining Completes Preliminary Study of Potential of El Oro Mine Tailings

Candente Gold Corp. is pleased to report that JDS Energy and Mining Inc. has conducted a high level conceptual study for a Tailings Recovery Operation near to Candente Gold’s El Oro site in Mexico. The Company’s strategy is to look for opportunities to develop cash flow in the near term with relatively low capital costs. Study results indicate that the Mexican mine tailings from El Oro have the potential to meet this criteria and justify further study on the economic potential of a TRO.

Minaurum Gold Revises Property Agreement

Minaurum Gold Inc. reports that it has renegotiated and extended its option to purchase 100% of the Santa Marta project from Minera Zalamera S.A.de C.V. The cash payment required to be paid by Minaurum in 2013 was amended from $50,000 by October 28, 2013 to $15,000 by March 31, 2014 and $60,000 by October 28, 2014 in addition to issuing an additional 800,000 common shares of Minaurum.

Marlin Gold Mining Ltd. Announces Private Placement Of Common Shares And Increase In Credit Facility

Marlin Gold Mining Ltd. announces that the Company has approved a non-brokered private placement equity financing with Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, existing shareholders of the Company, for gross proceeds to the Company of up to $5,000,000. The Company expects to issue up to 50,000,000 common shares in connection with the Offering at a purchase price per common share of $0.10.

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