Category: Investor’s Corner

Industrias Penoles SAB (PE&OLES*), the world’s largest producer of refined silver, will spend about the same on capital expenses this year as it did in 2011 as it seeks to boost production and reduce energy costs.

Golden Minerals Company is pleased to announce the appointment of Jan Dahlgren as Construction Manager for its wholly-owned subsidiary, Minera William, at the Velardena Project in northeastern Durango State, Mexico. Mr. Dahlgren brings worldwide experience to the Golden team, having worked during his career for Bechtel, Aker Solutions, Hatch, SNC Lavelin and others. He has held senior construction positions with dozens of large projects including Toromocho, Pierina, Tintaya, Antamina and Yanacocha in Peru as well as Pelambres, El Abra and La Candelaria in Chile. Mr. Dahlgren will report to David Drips, Project Director for Mexico, as the team aggressively expands the Velardena silver and gold operations.

Toronto, Ontario – (March 14, 2012) Argonaut Gold Inc. (TSX: AR) (“Argonaut Gold”, “Argonaut” or the “Company”) is pleased to announce that Standard & Poor’s Index Operations will be adding Argonaut Gold to the S&P/TSX Composite Index effective as at the open on Monday, March 19, 2012.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 14, 2012) – Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) and Minefinders Corporation Ltd. (TSX:MFL)(NYSE Amex:MFN) are pleased to announce that Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) have recommended that shareholders vote FOR the Plan of Arrangement (the “Arrangement”) pursuant to which Pan American will acquire all of the issued and outstanding common shares of Minefinders. The Arrangement will be considered at Pan American’s and Minefinders’ respective special shareholder meetings to be held on Monday, March 26, 2012.

VANCOUVER, BRITISH COLUMBIA, Mar 13, 2012 (MARKETWIRE via COMTEX) — Citation Resources Inc. is pleased to announce the appointment of Dr. Paul J. Bartos to the Citation Board of Directors. Dr. Bartos, currently Vice President and Chief Geologist of Esperanza Resources Corp., was responsible for securing the Biricu concessions for Esperanza and is a noted authority on epithermal deposits.

GREAT PANTHER SILVER LIMITED announces the financial results for the year ended December 31, 2011. Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company’s gross profit or earnings from mining operations increased by 64% to $26.9 million for 2011, and net earnings increased 8% to $11.5 million. The Company also increased working capital to $53.8 million at December 31, 2011, from $18.8 million at the end of the prior year.

HALF-YEAR FINANCIAL REPORT – 31 DECEMBER 2011

Southern Silver Exploration Corp. reported today that it plans to issue up to 16,700,000 units in a non-brokered private placement at a price of $0.12 per unit to raise $2,004,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.17 per share.

Sierra Madre Developments Inc. is pleased to announce the closing of the non-brokered private placement financing led by Burgeonvest-Bick Securities Ltd. previously announced by news release on February 15, 2012. Pursuant to the Offering, the Company raised $2,276,250 through the sale of 30,350,000 units at a price of C$0.075 per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one additional Share at a price of C$0.10 per Share for a period of 12 months expiring March 9, 2013.

Second quarter production for San Martin Mine results in 6,068 equivalent gold ounces