Category: Investor’s Corner

Argonaut Exploration Announces Appointment of New Chief Financial Officer and Chief Operating Officer

Argonaut Exploration Inc., a junior mineral exploration company focused on the exploration and development of its British Columbia mineral properties is pleased to announce the appointment of director Oleh Wowkodaw, B.Sc. Geological Engineering, M.B.A., P. Geol. as Chief Financial Officer and Chief Operating Officer of the Company effective March 15th, 2012. Mr. Wowkodaw replaces Dale Hansen who has held the Chief Financial Officer position since December 9th, 2010. Argonaut wishes to thank Mr. Hansen for his financial administrative services to the Company.

Victory Resources Corp. Joins OTCQX

OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Victory Resources Corp., a Canadian based junior mineral exploration company, is now trading on the highest tier of the OTC market, OTCQX®.

Endeavour Silver Expands Its Reserves/Resources for 8th Consecutive Year

Endeavour released today its updated NI 43-101 reserve and resource estimates to December 31, 2011 (see table below) for its two producing silver mines (the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State) and three exploration projects (the San Sebastian Project in Jalisco, Parral Project in Chihuahua and Arroyo Seco Project in Michoacán) in Mexico.

Promontorio Agreements Extended

Azure Minerals Limited is pleased to announce it has successfully negotiated a 24 month extension of its Exploration Contract and Purchase Option Agreements over the Company’s high grade Promontorio Copper-Gold-Silver Project, located in Chihuahua State, Mexico.

Starcore Reports Second Quarter Earnings of $3.5 Million and $6.7 Million for the Six Months Ended January 31, 2012

Starcore International Mines Ltd. has filed the results for the quarter and six months ended January 31, 2012, for the Company and its mining operations. Over the second quarter ended January 31, 2012, the Company is pleased to report record quarterly results, including revenues of $15.0 million, earnings from mining operations of $5.5 million and earnings for the period of $3.5 million, which includes a net $0.1 million realized and unrealized gain on forward sales contracts. The basic and diluted income per share for the quarter ended January 31, 2012 was $0.03. Over the six months ended January 31, 2012, the Company reports revenues of $35.4 million, earnings from mining operations of $12.8 million and earnings for the period of $6.7 million, which includes a net $3.0 million realized and unrealized loss on forward sales contracts. The basic and diluted income per share for the six month period ended January 31, 2012 was $0.06 and $0.05, respectively.

Vista Gold Corp. Recaps 2011 Financial Results and Provides Update on Recent Activities

Vista Gold Corp. today provided an overview of the Company’s recent operating highlights and selected financial results and highlights for the year ended December 31, 2011. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities on March 14, 2012.

Capstone Reports Strong 2011 Results

Record Gross Sales Revenue of $352.5 million, Net Earnings of $60.4 million ($0.20 per share), Cash Flow from Operating Activities of $86.4 million (All amounts in US$ unless otherwise specified)

NSX Silver begins trading on TSX

NSGold Corporation, the Vancouver company developing the Mooseland gold property in Nova Scotia, has spun off its second company, NSX Silver Inc., and commenced trading for the new venture Wednesday on the TSX Venture Exchange.

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