Paramount Gold and Silver Extends High Grade Gold and Silver Values Down Dip on Don Ese Vein at San Miguel Project, Mexico

DS-13-032 reports intercepts up to 42.5 g/T gold and 186 g/T silver within a 22.5 meter wide mineralized zone

Paramount Gold and Silver Corp. (NYSE MKT:PZG)(PZG.TO)(P6G.F)(WKN:A0HGKQ) ("Paramount") today reported that a new drill program designed to test the depth potential of the high grade Don Ese Vein has intersected outstanding gold and silver grades over greater-than-expected widths, indicating that substantial additional resources could be developed below the current resource model.

Published: 25 April 2013
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Fortuna drills 7.3 m of 1789 g/t Ag and 10 g/t Au on northern extension of the San Jose mine, Mexico

Fortuna Silver Mines Inc. (NYSE: FSM) | (TSX: FVI) | (BVL: FVI) | (Frankfurt: F4S.F) is pleased to report that exploration drilling has successfully extended the Trinidad ore shoot to the north and to depth with mineralization remaining open in both directions. Results are also reported for the initial infill drilling being carried out in the central portion of the Trinidad deposit for purposes of conversion of Inferred Mineral Resources to an Indicated Mineral Resource classification.

Jorge A. Ganoza, President and CEO, commented, "We are excited by the consistency of the discovery holes drilled north of Trinidad, where we are starting to configure a new wide and high grade silver and gold mineralized shoot that remains open on two directions. 

Published: 22 April 2013
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Quarterly Consolidated Gold Sales - US$15.0 Million for the Quarter Ended March 31, 2013 - US$14.9 Million for the Quarter Ended March 31, 2012

Quarterly Consolidated Gold Production -
9,253 Ounces of Gold for the Quarter Ended March 31, 2013
8,736 Ounces of Gold for the Quarter Ended March 31, 2012

New Dawn Mining Corp. (TSX: ND) ("New Dawn" or the "Company"), a junior gold company focused on developing its gold mining assets and operations in Zimbabwe, reported consolidated gold production for the quarter ended March 31, 2013 of 9,253 ounces (8,612 ounces attributable to New Dawn, after adjusting for the minority interests' share of gold production), as compared to consolidated gold production for the quarter ended March 31, 2012 of 8,736 ounces (7,926 ounces attributable), an increase of 5.9% (8.7% increase on an attributable basis).

Published: 18 April 2013
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Fortuna reports 992,218 ounces of Ag and 4,492 ounces of Au for first quarter 2013

Fortuna Silver Mines Inc. (NYSE: FSM) | (TSX: FVI) | (BVL: FVI) | (Frankfurt: F4S.F ) today announces production figures from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru.  In the first quarter of 2013, the company delivered 992,218 ounces of silver, 4,492 ounces of gold, 4.6 million pounds of lead and 5.9 million pounds of zinc. Fortuna is on schedule to produce 4.4 million ounces of silver and 23,300 ounces of gold or 5.7 million Ag Eq ounces in 2013.

Published: 17 April 2013
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Gran Colombia Gold announces improvement in Segovia's cash cost to $1,164 per ounce in March 2013 and production of 24,350 ounces of gold in first quarter of 2013

Gran Colombia Gold Corp. (TSX: GCM) announced today that the cost reduction program initiated in January at its Segovia Operations is already having a positive impact on its all-in sustaining cost per ounce. Cash cost, the primary component of the company's all-in sustaining cost, at the Segovia Operations decreased to an average of $1,337 per ounce for the first quarter of 2013, down from $1,604 per ounce in the fourth quarter of 2012. The company's cost reduction program resulted in $850,000 per month of savings starting in February, with approximately $700,000 directly related to operating costs and the balance to general and administrative expenses. As a result of the realized cost reductions and the improvement in gold production, Segovia's cash cost decreased to $1,164 per ounce in the month of March.

Published: 16 April 2013
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  1. First Majestic Silver Corp ( FR )
  2. St Andrew Goldfields Ltd ( SAS )
  3. Metals Creek Resources Corp ( MEK )
  4. Eagle Hill Exploration Corporation ( EAG )
  5. Timmins Gold Corp ( TMM )