Day: July 13, 2015

After five years as President and CEO, John Smith has made a decision to retire and return to Australia. After an extensive international search the Board has appointed Paul Benson as President and CEO effective August 1, 2015. John will continue in his role until July 31, 2015 and will be available as an advisor to Paul and the Board untilDecember 31, 2015.

Argonaut Gold Inc. as a result of a review by staff of the Ontario Securities Commission issues this news release to clarify and retract certain disclosure regarding the potential increase in its San Agustín Project resource.

Primero Mining Corp. today advises that as a result of a delay in exports from its San Dimas mine in Mexico, its subsidiary Primero Empresa Minera S.A. de C.V. has been delayed in selling silver. As a result approximately 880,000 ounces of silver were not sold during the second quarter of 2015, representing approximately $6.5 million in delayed revenue.

Production for the quarter was 408,024 silver equivalent ounces which represents a 29% increase over the previous quarter. Tonnes stacked on the heap leach pad and Merrill Crowe throughput were both consistently at design levels throughout the quarter. Quarterly production has improved each quarter since commissioning began and this is expected to continue until the heap leach pad reaches equilibrium.

N. Eric Fier, CPG, P.Eng, and Chief Operating Officer, stated; “We are pleased with the strong performance in 2015 at Santa Elena, as we continue to break production records. As a result, we are increasing our 2015 production market guidance to a range of 4.7 to 5.1 million AgEq ounces…”

“We are pleased to report good results from our operational improvements at Pinto Valley with respect to mill reliability, and we approached our targeted run rate by the end of the second quarter,” said Darren Pylot, President and CEO of Capstone. “In total, second quarter production met our expectations, which called for lower grade at Pinto Valley. Improving performance at Pinto Valley and strong results from Minto offset the production short-fall at Cozamin.”

“I’m pleased to report another record quarter and a record half-year of production. During the first half of 2015, we produced almost 1.5 million silver equivalent ounces which exceeds the entire output for 2014 and puts us on pace to more than double production in 2015…” – David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

Starcore International Mines Ltd. and Cortez Gold Corp. are pleased to announce that the Cortez securityholders have approved the previously announced proposed acquisition of Cortez by Starcore, pursuant to a plan of arrangement
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