Argonaut Gold Inc. (AR.TO) (the "Company", "Argonaut Gold" or "Argonaut") is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.
Goldsource Mines Inc. (TSX VENTURE:GXS)(G5M.F) ("Goldsource" or the "Company") has been nominated for a distinguished Platts 2014 Global Metals Award for "Deal of the Year" alongside fellow nominees ArcelorMittal / Nippon Steel & Sumitomo Metal Corporation and Reliance Steel & Aluminum Co. The Company is being recognized for its business combination with Eagle Mountain Gold Corp. ("Eagle Mountain"), which is now a wholly owned subsidiary of Goldsource.
Ioannis (Yannis) Tsitos, President of Goldsource, said, "We believe our selection as a finalist highlights the strength and merits of the new Goldsource Mines. Our strategic deal brings together a high-quality gold project with well-defined resources in mining-friendly Guyana and a leadership team that has a proven fast-track record of achieving production and rapidly building shareholder value."
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2014) - Bayfield Ventures Corp. (TSX VENTURE:BYV) (PINKSHEETS:BYVVF) (FRANKFURT:B4N) is pleased to confirm that it has filed a Technical Report and Mineral Resource Estimate prepared in accordance with Canadian Securities Administrators' National Instrument 43-101. The Report may be found on the Company website or under the Company's profile at www.sedar.com.
Bayfield's Burns Block is surrounded by New Gold's (TSX:NGD) Rainy River project and adjoins the immediate east of New Gold's multi-million ounce ODM17 gold-silver deposit and adjoins the immediate west of New Gold's expanding Intrepid gold-silver zone.
McEwen Mining Inc. (MUX)(MUX.TO) is pleased to announce that the Secretariat of Environment and Natural Resources (SEMARNAT) for the State of Sinaloa, Mexico, has approved the Company's Change of Land Use application for El Gallo 2. This final environmental permit allows for the construction and operation of the proposed mine. El Gallo 2 is projected to produce an average of 95,000 gold eq. ounces per year (5.2 million ounces of silver and 6,100 ounces of gold) at an approximate cash cost of $750 per gold eq. ounce (including all pre-strip and Mexican royalties). All in sustaining costs have been estimated at approximately $800 per gold eq. ounce (including an estimated $5 million per year on exploration). Gold equivalent ounces are calculated by converting silver into gold using a 60:1 exchange ratio.
Avino Silver & Gold Mines Ltd. (TSX VENTURE:ASM)(NYSE MKT:ASM)(GV6.F) ("Avino" or "the Company") is pleased to report its year end and Q4 2013 production results from its Avino property near Durango, Mexico.
Production Highlights for Fiscal 2013 (Compared to Fiscal 2012)
