Argentex Announces Additional Drill Results from its Pinguino Silver-Gold Project Including 3 Metres Averaging 712.7 g/t Ag and 8.24 g/t Au

Argentex Mining Corporation (TSX VENTURE:ATX)(AGXMF) ("Argentex" or the "Company") is pleased to announce drilling results from an additional 36 holes of its 58-hole, 3,003-metre 2013 Phase IX resource development drill program at its 100%-owned Pingüino silver and gold project, located in Santa Cruz Province, Argentina. To date, the Company has received results from 44 reverse circulation ("RC") holes, with results from the final 14 RC holes still pending.

Published: 19 December 2013
Written by Editor
TSX Venture   Mining   Drill Results   Up on News   Interesting News  
Read more: Argentex Mining Corporation ( ATX )

Gold Resource Corporation Expands Switchback Discovery Intercepting Multiple High-Grade Mineralized Veins Over 68 Meter Interval

Gold Resource Corporation (NYSE MKT: GORO) (the "Company") announces the expansion of its high-grade Switchback discovery intercepting multiple veins over a 68 meter wide interval. Step-out drilling includes 5.27 meters of 2.93 grams per tonne (0.09 oz/ton) gold, 0.89 meters of 16.95 grams per tonne (0.49 oz/ton) gold and 1.60 meters of 575 grams per tonne (16.79 oz/ton) silver. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Published: 17 December 2013
Written by Editor
AMEX   Mining   Drill Results   Up on News   Interesting News  
Read more: Gold Resource Corporation ( GORO )

Primero to acquire Brigus Gold and create a diversified, Americas based mid-tier gold producer

Primero Mining Corp. ("Primero" or the "Company") (TSX:P, NYSE:PPP, ASX:PPM) and Brigus Gold Corp. ("Brigus") (NYSE:BRD; TSX:BRD) today announced that they have entered into an arrangement agreement (the "Arrangement Agreement") whereby Primero will acquire all outstanding common shares of Brigus pursuant to a plan of arrangement (the "Arrangement") to create a diversified, Americas based mid-tier gold producer.

Pursuant to the Arrangement, Primero will acquire each outstanding Brigus common share for 0.175 of a Primero common share (the "Exchange Ratio"). In addition, Brigus shareholders will receive 0.1 of a common share in a newly incorporated company ("SpinCo") for each Brigus common share as part of the Arrangement.

Published: 16 December 2013
Written by Editor
TSX   Mining   M & A   Up on News   Interesting News  
Read more: Brigus Gold Corp ( BRD )

Pretium Resources Inc.: Bulk Sample Surpasses Target of 4,000 Ounces of Gold; Processing Continues

Pretium Resources Inc. (PVG.TO)(PVG) ("Pretivm") is pleased to report that 4,215 ounces of gold have been produced from 8,090 dry tonnes of excavated material from the Valley of the Kings Bulk Sample Program (the "Program"). Approximately 1,815 wet tonnes remain to be processed. The preliminary mill results to date are shown in Table 1 below.

Table 1: Preliminary Mill Results from Processing (at November 20, 2013)

Tonnes
Milled
(Dry)		 Gold
Ounces
Gravity
Concentrate		 Gold
Ounces
Flotation
Concentrate		 Gold
Ounces
Tailings		 Total
Contained
Gold
Ounces		 Total
Contained
Silver
Ounces
8,090 2,542 1,588 85 4,215 3,593

 

Published: 22 November 2013
Written by Editor
TSX   Mining   Drill Results   Up on News   Interesting News  
Read more: Pretium Resources Inc ( PVG )

Pan American Silver Reports Net Earnings of $14.2 Million or $0.09 Per Share for the Third Quarter of 2013

Cash Costs Decrease 25% While Silver and Gold Production Rise 7% and 48%

(Unaudited results - All amounts in US dollars unless otherwise stated and all production figures are approximate)

Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAA) (the "Company", or "Pan American") reported net earnings of $14.2 million or $0.09 per share for the third quarter of 2013.  Adjusted earnings for the same period were $12.2 million or $0.08 per share.  Cash flow generated from operating activities was $40.7 million or $0.27 per share.  Year-to-date silver and gold production are on track to meet the Company's full year 2013 production forecast, at significantly lower than forecast cash costs.

Published: 14 November 2013
Written by Editor
Read more: Pan American Silver Corp ( PAA )
  1. King's Bay Gold Corporation ( KBG )
  2. GoldQuest Mining Corp ( GQC )
  3. Asanko Gold Inc ( AKG )
  4. Agnico Eagle Mines Limited ( AEM )
  5. Pretium Resources Inc ( PVG )