Day: October 6, 2015

Goldgroup Provides Cerro Prieto Update

Goldgroup Mining Inc. today announced production and sales results for January to September 2015 for the Cerro Prieto project located in the Cucurpe Mining District, Sonora, Mexico , which is comprised of the San Felix (205 ha), San Francisco (10 ha), Elba (5.82 ha), Huerta de Oro (20 ha), Reyna de Plata (9.79 ha), Cerro Prieto “North ” (2,508 ha) and Argonauta 6 (4,120 ha) mineral concessions. Cerro Prieto is 52 road kilometers from the regional center of Magdalena de Kino (population 40,000) and 150 kilometers northeast of the city of Hermosillo .

Coeur Reports Third Quarter Production Results

Coeur Mining, Inc. today announced preliminary third quarter production of 3.8 million ounces of silver and 85,658 ounces of gold, or 9.0 million silver equivalent ounces. Coeur is maintaining its 2015 total production guidance of 33.1 – 35.9 million silver equivalent ounces.

Timmins Gold Corp. Announces Leadership Change

Timmins Gold Corp. reports today that Bruce Bragagnolo has ceased to be the Chief Executive Officer and a Director of Timmins, and that Mark Backens has been appointed as Interim Chief Executive Officer of the Company effective immediately. Arturo Bonillas will continue in his role as President of the Company and the Company’s lead executive in Mexico.

San Marco’s Warrant Exercise Incentive Program Approved

San Marco Resources Inc. is pleased to announce that the TSX Venture Exchange has approved its warrant exercise incentive program respecting warrants issued under two non-brokered private placements completed in 2014 and 2015. The Exchange also approved the amendment of the warrants issued in the 2014 placement so that their terms now match the terms of the warrants issued in the 2015 placement.

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