Cerro Resources NL Reports Quarterly Activities and Files Financial Statements for the Period Ending September 30, 2011

Cerro Resources NL is pleased to release a summary of the Company’s quarterly activities, and report significantly higher silver recoveries from the HPGR test work at Cerro Del Gallo. The detailed Quarterly Report which includes the financial statements and discussions, for the period ending September 30, 2011, has been filed on www.sedar.com and on the Company’s website, www.cerroresources.com

Starcore Reports Year-End Financial Results

Starcore International Mines Ltd. has filed the results for the year ended July 31, 2011 for the Company and its mining operations from the San Martin Mine. Over the year ended July 31, 2011, the Company reports revenues of $39.5 million, earnings from mining operations of $13.8 million and a net loss of $4.0 million, which includes a net $6.6 million non-cash unrealized loss on forward sales contracts and a $234,000 non-cash stock-based compensation charge on option awards vested in the year. The basic and diluted loss per share for the year ended July 31, 2011 was $0.05.

Arian Silver’s MD&A and Results for the Nine Months Ended 30 September 2011

Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis (“MD&A”) and unaudited Financial Statements (“Financials”) for the nine months ended 30 September 2011.

Animas Shareholders Approve Financing

Animas Resources Ltd. (TSX.V:ANI) shareholders have now approved the creation of a new control person by way of a private placement which will raise $3.4 million for Animas to advance the Santa Gertrudis Gold Project in Mexico.

Revolution Forms Technical Advisory Board

Revolution Resources Corp is pleased to announce the following appointments to a new Technical Advisory Board to assist in the strategic planning and exploration programs at the Company’s flagship properties located in the Champion Hills Trend of the Carolina Slate Belt, North Carolina, and the recently optioned Mexican property portfolio from Lake Shore Gold, formerly West Timmins Mining.

Oremex Gold Adds Rosalind Wilson to the Board of Directors

TORONTO, ONTARIO–(Marketwire – Oct. 20, 2011) – Oremex Gold Inc. (“Oremex Gold” or the “Company”) (TSX VENTURE:OAU) is pleased to announce the appointment of Ms. Rosalind Wilson to the Company’s Board of Directors.

Agnico Eagle ups cash component for Grayd offer

Agnico-Eagle Mines Ltd (AEM.TO: Quote) said it will double the cash component in its offer for Grayd Resource Corp (GYD.V: Quote) to C$183 million ($181 million), as the Canadian gold miner moves to expand its footprint in Mexico.

SilverCrest Appoints Manager of Corporate Communication

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 19, 2011) – SilverCrest Mines Inc. (TSX VENTURE:SVL)(OTCQX:STVZF) (the “Company”) is pleased to announce the appointment of Michael Rapsch as Manager of Corporate communications. Mr. Rapsch will be based out of the Vancouver head office, and will report to J. Scott Drever, President of SilverCrest.

Revolution Increases Private Placement to $4,500,000 and Closes Financing

VANCOUVER, Oct. 19, 2011 /CNW/ – Revolution Resources Corp. TSX:RV (“Revolution” or the “Company”) is pleased to announce it has increased and closed the non-brokered private placement announced October 3rd, 2011. The Company increased the financing from $4 million to $4.5 million, and issued 9 million units at a price of $0.50.

All News