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Argonaut Gold Ltd.
Argonaut Gold Solidly on Path to Becoming a Significant Gold Producer in the Americas;
La Colorada Set to Become the Company’s Next Mine
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When considering a company’s fundamentals, management is always a key factor. At Argonaut Gold Inc., the company’s leaders are first and foremost business people who are tightly focused on creating sustainable revenues and maximizing return on investment. Argonaut management’s first key decision was to pick the world’s premier investment market for the resource sector – the Toronto Stock Exchange. That move was ratified last spring and again in September, when Standard & Poor’s Index Operations added Argonaut Gold it to S&P/TSX SmallCap index. Last March, the company was added to both the S&P/TSX Global Gold Index and the Global Mining Index. The latter two indices are the leading benchmarks of the global gold and mining industry sectors.... READ MORE
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Atna Resources Ltd.
Atna Resources Completes Third Quarter with Earnings per Share of $.02 and Hits New 52 Week High;
Briggs Gold Mine Produces $7.7 Million in Cash Flow
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Solid and growing gold production, an equally solid portfolio of producing, advanced-stage development and exploration properties, and now, for the first time, positive earnings – all are ample evidence of a strong company with a bright future. Atna’s portfolio now includes four significant 100%-owned gold projects in the western United States: the producing Briggs Mine in California, the newly acquired, advanced-stage Pinson Mine Project in Nevada, the Reward Mine Project also in Nevada and the Columbia Mine project in Montana. Atna’s gold resource now totals 4.7 million ounces of gold and 3.2 million ounces of silver, and by 2014 the company expects to be producing 100,000 ounces of gold annually.... READ MORE
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Aura Silver Resources Inc.
Aura Silver Hunts Down
Source of High-grade
Gold & Silver Targets at its Greyhound Project
in Nunavut, Canada
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Aura Silver Resources Inc. has identified distinct targets as possible source areas of the high-grade gold and high-grade silver surface samples found on its wholly-owned Greyhound Project in Nunavut, Canada in close proximity to its namesake Aura Lake. Although multiple surface rock samples, ranging up to 5,300 g/t silver carrying little gold and up to 28 g/t gold with negligible silver, have been found on surface, drilling of structural, geophysical and geochemical targets has been unable to locate a source of these high grade samples. The surface erratics are dispersed over a wide area to the east, south and south west of Aura Lake and conventional surface geochemistry extends for several kilometers southward. .... READ MORE
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Aurcana Corporation
Aurcana Solidly on Track to Becoming the Next Mid-Tier Silver Producer: Record Third Quarter: 224% Increase in Earnings and 26% Silver Production Increase
Shafter Silver Mine Currently Under Construction with Mid-2012 Estimated Completion Date
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 Having initiated construction of the 2nd Silver Mine in December, 2010, Aurcana Corporation is poised to significantly increase its annual silver production with the addition of the Shafter mine from its current production at the La Negra mine. Then it will join the ranks of mid-tier silver producers – a feat that few junior mining companies ever achieve. Since the fall of 2010 Aurcana has initiated construction of a silver mine that will supply 10% of all silver in the U.S. once it is completed, upgraded the La Negra mine so that it is producing 50% more tons per day and has raised enough money to propel itself into the next tier of producers... . READ MORE
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Aurizon Mines Ltd.
Aurizon’s Q3 2011 Is Highlighted
by Record Revenues
and Record Cash Flow
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 Aurizon Mines Ltd. has an enviable abundance of riches – a producing gold mine, another project in the feasibility stage, and eight other properties showing great potential for exploration and eventual development in one of the world’s most prolific gold and base metals regions. But this also is a company that clearly is not satisfied to stand on its accomplishments to date, a fact that bodes well for shareholders Aurizon posted record revenues in 2010 and is about to set even more records in 2011 as it continues to ramp up production at its flagship Casa Berardi mine and embarks on a record exploration drilling program on its 9 properties in Quebec. The company has two primary goals: to continue to bring an increasingly valuable precious metal to a voracious market where prices have quintupled over the past 10 years; and, to that end, to grow its resource ounces to ensure a strong production future... . READ MORE
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BacTech Environmental Corporation
BacTech Environmental’s Bugs Eat Rocks; Company to Clean Up Arsenic Stockpile Containing $150 Million Worth of Gold in Manitoba; Proprietary Technology Cleans Toxic Mine Sites and Recovers Precious and Base Metals
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With a significant environmental cleanup project under contract, BacTech Environmental Corporation is poised to not only help the Manitoba government cleanup an arsenic-laden stockpile from a former operating mine, but reclaim a potential $150-million in gold for the company coffers. As BacTech moves the Snow Lake reclamation project forward, the company is also examining similar projects in California, Timmins and Pickle Lake, Canada, Peru, Bolivia and Slovakia, among others. The Snow Lake project was selected from a list of projects examined in 2011 either sourced internally or from interested parties. Key to the company’s selection process is the ability for a project to return a profit while also delivering an environmental benefit.. ... READ MORE
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Within a year of beginning gold production in British Columbia at its QR Mine and Mill, Barkerville Gold Mines Ltd. expects to realize some $30 million in profits and at current gold prices, even more. With a second, high-grade operation expected to start this year, the Company expects to produce at least 50,000 ounces of gold by year-end. In the fall of 2010, Barkerville purchased a second mill facility and plans to be producing at a 100,000 ounces per year rate by the end of 2012. The Company’s holdings now cover over 1,225 square kilometers, or 112,000 hectares, within the Historic Cariboo Goldfields, and encompass the Historic town of Barkerville, home of the famous Cariboo goldrush of the 1860’s, seven past-producing hard rock mines and three current NI 43-101-qualified gold deposits. ... READ MORE
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Batero Gold Corp.
Batero Gold Completes Aggressive 56,000 Meter Diamond Drill Program Exploring Massive Gold and Copper Porphyry Project in Colombia; Pending Batero-Quinchia Drill Results Will Be In Upcoming Initial Resource Estimate
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Once in a great while, a mineral exploration company believes it may have found a potentially world-class project. In the case of Batero Gold Corp., there is an excellent chance that this assessment is true. As a result, the company has mounted an aggressive campaign to explore multiple porphyry targets on a property it acquired just over a year ago. Batero Gold is well prepared and financed for this effort. Since Batero commenced trading in July 2010, the company has raised $21.25 million and completed its 100% acquisition of an outstanding project with immense blue sky potential in mineral-rich Colombia.... READ MORE
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Great Panther Silver Limited
Great Panther Achieves a Record $16.3 Million in YTD Revenues, Marking a 46% Increase over Previous Year; Company On Rapid Growth Path to Becoming a Mid-Tier Silver Producer; Initial Mineral Resource Estimate Reported at San Ignacio Project in Mexico
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Great Panther Silver Limited, headquartered in Vancouver, Canada, is a profitable primary silver producer with strong leverage to future rises in the price of silver. The company owns two operating mines in Mexico, and employs almost 1000 people. Great Panther Silver Limited operates two wholly-owned producing mines, Guanajuato and Topia, which are located in Guanajuato and Durango States, Mexico. Since starting production in 2006, Great Panther Silver has achieved continuous growth in production of almost 20% year on year to 2,255,802 silver equivalent ounces in 2010. The company's goal is to continue to achieve profitable growth by increasing production while keeping the unit cost of producing silver at a competitive low level....READ MORE
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Inter-Citic Minerals Inc.
$6.3 Million Exploration Program Underway At Inter-Citic Minerals’ Dachang Gold Project; New Gold Zones Discovered in 2011 Through Trenching
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Inter-Citic Minerals Inc. is rapidly advancing its already significant gold resource at Dachang with a new $6.3 million exploration program. Building on an at surface NI 43-101 gold resource of 3.8 million ounces, and previously published positive project economics, Dachang is moving through the permitting process now while exploration continues to build on the already significant NI 43-101 resource estimate. Inter-Citic has operated successfully in China for more than a decade where it enjoys a high profile and support as an advanced gold exploration asset moving towards permitting and production. It has repeatedly demonstrated it has the relationships and experience to allow them to find and expand one of China’s largest undeveloped gold resources. ... READ MORE
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Lucas Energy Inc.
Lucas Energy Merits Closer Look Amid Market Volatility; Solid Financials and Growing Oil Production Trigger Market Attention
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In just a few years, Lucas Energy, Inc. has achieved a major foothold in the fastest growing oil trend in the U.S. – the Eagle Ford formation in south central Texas. The company has 4,400 net Eagle Ford acres. And if that were not enough to interest investors, the company also holds significant interests in the Austin Chalk Trend, which is above Eagle Ford formation. The company has 14,800 net acres from surface to the bottom of the Austin Chalk Formation. The bottom line is this is a solid company with producing oil wells, no debt and a growing market value... READ MORE
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Merrex Gold Inc.
Merrex Gold Developing a
Major West African Gold Deposit
IAMGOLD a Strategic Joint Venture Partner in Siribaya Gold Project
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The West African Republic of Mali is the center of one of the world’s fastest-growing regions of gold exploration and production. Enviably, Merrex Gold Inc. controls the country’s largest contiguous block of gold exploration concessions with a deposit having both an enviable grade and the potential for major tonnage. A telling ratification of the quality of Merrex’s Siribaya Gold Project is the participation of IAMGOLD, a leading mid-tier gold mining company that is currently producing about one million ounces annually from six gold mines on three continents - including 178,000 ounces of gold annually from its two operating Sadiola and Yatela mines in Mali. Mali has also attracted major producers such as Anglogold, Randgold and Newmont. IAMGOLD brings over 20 years of exploration and mining experience in Mali, as well as considerable financial investment and exceptional gold exploration technical expertise, to the Siribaya project. ... READ MORE
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Northern Vertex Capital
Northern Vertex Aggressively Fast-Tracking Moss Gold-Silver Project in Arizona to Production;
590,400 Oz. Gold Equivalent Resource Established; Base-Line Studies Underway
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To say that Northern Vertex Capital Inc. is on a fast track to prove up its U.S. gold-silver properties does not do justice to the impressive record this company has set in little more than a year. Consider that in just the past seven months this company acquired two highly prospective properties, one in Arizona and the other in Idaho, both mining-friendly states. Northern Vertex then embarked on an aggressive drilling program that has clearly established an NI 43-101 compliant 590,400 ounce gold equivalent resource. And if that wasn’t enough, the company simultaneously began base line studies for an eventual pre-production feasibility report. Now a $9 million exploration program is planned at its new Idaho property.... READ MORE
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REBgold Corporation
REBgold On the Hunt for Gold Projects in Europe, North and South America ; Emerging gold company uses its bioleaching technology for competitive advantage
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REBgold Corporation is in the midst of a major growth strategy that builds on its proven strength – a proprietary metals extraction technology – to become a unique gold development company that can turn marginally economic projects into, well, producing gold mines. At the same time, REBgold is on the hunt for more traditional projects where its technology is a vital consideration in developing viable mining projects. REBgold recently made its first moves toward amassing a portfolio of advanced-stage to producing properties. The company signed a definitive agreement to acquire an interest in two gold properties in Finland that already have established, although non-compliant gold resources. It also is working with Yamana Gold, a 13% stockholder in REBgold, to improve gold recovery at Yamana’s Jeronimo Project in Northern Chile in exchange for a royalty and possible equity position... READ MORE
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SilverCrest Mines Inc.
SilverCrest Mines Producing Silver and Gold and Developing Advanced Properties in Mexico; Company’s Future Enhanced by Growing Production Cash Flow, Expanding Resources and Huge Exploration Upside
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With a strong balance sheet, a high-grade producing silver and gold mine, and two advanced-stage deposits – one that could be world-class in size – SilverCrest Mines Inc. has deservedly thrust its way into the ranks of precious metals producers. In just the past year, SilverCrest completed a C$30-million financing, initiated commercial production at its flagship Santa Elena Silver Mine on schedule and under budget, began paying both its operational and exploration bills out of cash flow, paid off its capital debts, and embarked on a fast-track expansion plan to double production. The coming year should prove just as momentous for this rising junior mining producer. SilverCrest plans to drive a decline ramp to access underground resources, expand reported resources at La Joya and publish a Pre-Feasibility study for open pit operations for Cruz de Mayo and underground mining at Santa Elena.... READ MORE
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Sphere Resources Inc.
Exploring Famed Red Lake Gold Camp and Gold-Rich Nevada Trends; New Mineralized Gold System Discovered at Red Lake
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 Forget those long shot exploration gambits that rarely justify the money and effort spent in the search for precious metals. Sphere Resources has a much better idea – to explore for those precious metals in major global mining camps where large deposits of gold and silver already exist. To that end, Sphere’s management has assembled highly prospective projects in Canada’s famed Red Lake gold mining camp and one of gold-rich Nevada’s emerging gold trends. Over the next six years, the company plans to spend $6 million to explore two projects in Red Lake: its Dome and Alcourt properties – and its Gold Jackpot property in Nevada. Sphere’s exploration plans call for a number of innovative approaches, including third-party financing with clawback rights, simultaneous high resolution IP technology and targeted drilling, to reduce the time and cost of developing its exploration projects... READ MORE
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Terraco Gold Corp.
Terraco Continues to Report Excellent Gold Results at Its Near 1 Million Ounce Almaden Project in Idaho; Drilling Results Return 167 Ft. Averaging 0.032 opt Gold including 27 ft. of 0.057 opt at Almaden; Drilling Starts October 2011 at its Nevada-based Moonlight Gold-Silver Property Located on Elephant-sized Trend Next to Barrick JV
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When Terraco Gold Corp. acquired near a million ounces of gold in January 2011 for under $20 an ounce, it moved itself not just to a whole new level, it swiftly became a company to watch as it works aggressively to develop the newly acquired, advanced-stage Almaden Gold Project in Idaho. Not to be forgotten is Terraco Gold’s exploration-stage, gold-silver Moonlight Project that lies among major gold and silver producers in a new prolific mineral trend in Nevada. Terraco Gold’s Almaden Project, located in southwestern Idaho, hosts an NI 43-101-compliant measured and indicated resource of 864,000 ounces of gold and an inferred resource of 84,000 ounces of gold (total 948,000 ounces gold), all within approximately 300 feet of surface. . ...READ MORE
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Torex Gold Resources Inc.
Torex Gold On Track For Ambitious Course in 2012; Major Milestones to Include: Updated Resource Estimate, Long-Term Land Leases, Bankable Feasibility Study, Mine Development Permitting, and Construction Decision
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2012 promises to be a banner year for Torex Gold Resources Inc. The company has a proven and growing high-grade gold resource in mineral-rich Mexico, a healthy bank account recently infused with an additional $83-million from warrants exercised by confident shareholders, and an impressive list of upcoming milestones that is setting the company upon a clear path to becoming a gold producer by Q4 2014. Proceeds from Torex Gold’s successful raising of $83-million from shareholder warrants in November 2011 gives the company the added flexibility to place orders for long lead time equipment and get a start on early work on developing the Morelos Gold Mine, building access roads and water wells. The company is now finalizing the review of permit applications prior to submitting them to the Mexican government this year....READ MORE
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Trade Winds Ventures Inc..
Trade Winds Ventures’ Detour Lake Gold Project Earns It A Place Among Top Emerging Canadian Mining Companies; Multi-Million Ounce Resource Located Next to World Class Mine in Canada
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Assets that include a 4.65 million ounce global gold resource located next to a soon-to-be-operating gold mine and backing by a joint venture partner that just happens to own that mine has understandably garnered considerable market interest in Trade Winds Ventures Inc. Consider that this junior mining company currently has a nearly C$50 million market cap, and about C$6 million in cash. Trade Winds’ flagship project, Block A, encompasses 1,326-hectares on trend with Detour Gold’s 14.9 million ounce gold open-pit mine now under construction at a cost of C$1 billion. Detour Gold’s 60,000 tpd mill is expected to be completed in 2012 and make its first gold pour in 2013...READ MORE
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U.S. Silver Corporation
U.S. Silver Focused On Growing its Silver Assets in 2012 with Goal of Opening A Second Mine; Aggressive Exploration Planned to Develop New Areas for Mining; Financially Strong with More than $27 Million Cash on Hand
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With a strong record of silver production at its flagship Galena Mine, U.S. Silver Corporation is poised to equal or perform better than that record in 2012, and could well post annual revenues of about $100 million. U.S. Silver operates in the heart of Idaho’s Silver Valley Coeur d’Alene Mining District, a world-class area where more than 1.2 billion ounces of silver have been produced historically. The Galena Mine holds a prominent position in the Silver Valley and is the second largest primary silver producer in the U.S., yielding about 2.4 million ounces of silver each year. The mine has 21.9 million of proven and probable ounces in reserve. U.S. Silver’s 2011 exploration program yielded such encouraging results, the company is significantly expanding both surface and underground drilling in 2012 to provide even greater potential for reserve expansion. From August through December U.S. Silver drilled 21,433 feet underground at both its flagship Galena Silver Mine and at its advanced-stage, former producing Coeur Mine.... READ MORE
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