VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — As a result of a review by the British Columbia Securities Commission, Apella Resources Inc. (TSX VENTURE: APA)(OTCQX: APAFF)(FRANKFURT: NWN) wishes to clarify certain disclosures made on the Company-s website, in material made available thereon and in written material distributed by the Company concerning certain of the Company-s mineral properties.The Company-s Lac Dore Vanadium, Iron and Titanium project near Chibougamau, Quebec con
BOCA RATON, FL — (Marketwire) — 05/15/12 — Andes Gold Corp. (PINKSHEETS: AGCZ), a gold mining company with existing operations in Ecuador, today released its financial statements for the first quarter ended March 31, 2012. The report was filed and is available on Pink Sheets.The report for the first quarter ended March 31, 2012 shows total revenues of $1,269,965 compared to revenues of $705,915 for the first quarter last year. This is an increase of $564,050 or 80% over the prior year. Net
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — (TSX VENTURE: MNM)(OTCQX: MAGNF) ("Magellan") is pleased to announce the closing of the previously announced transaction with Sandstorm Gold Ltd. ("Sandstorm") (see press release dated ), whereby Magellan will grant Sandstorm Gold Ltd. a 2.5% net smelter returns royalty ("NSR") on the Coringa gold project ("Coringa") and a 1.0% NSR on the Cuiu Cuiu gold project ("Cuiu Cuiu"), both of wh
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Centerra Gold Inc. (TSX: CG) announced today its first quarterly dividend. The Board of Directors has authorized a dividend of Cdn$0.04 per common share (approximately US$9.4 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on June 15, 2012 to shareholders of record on May 31, 2012. The ex-dividend date will be May 29, 2012.The dividend is an eligible dividend for Canadian income tax purposes.In accordan
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Silvermex Resources Inc. ("Silvermex") (TSX: SLX) reported today its unaudited financial results for the quarter ended March 31, 2012.Highlights from the quarter, which should be read in conjunction with the unaudited financial statement and management-s discussion and analysis available at and , include:The Company achieved a gross profit of $96,000 for the three months ended March 31, 2012, on sales of silver and gold of $
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — Primero Mining Corp. ("Primero" or the "Company") (TSX: P)(NYSE: PPP) announced today that subsequent to its news release dated March 28, 2012, it has filed a National Instrument 43-101 Technical Report on SEDAR () and Edgar () for its San Dimas 2011 Reserves and Resources estimate.The Technical Report, dated April 16, 2012, is available on Primero-s web site at under the section.About PrimeroPrimero Mining Corp. is a Canadia
TORONTO, ONTARIO — (Marketwire) — 05/15/12 — High River Gold Mines Ltd. (TSX: HRG) ("High River" or the "Company") is pleased to announce the appointment of Yury Lopukhin as Chief Executive Officer and Georgy Smirnov as Chief Financial Officer.Yury Lopukhin previously held the position of Chief Financial Officer at High River. Prior to that, he held the positions of Chief Financial Officer at Buryatzoloto OJSC and Senior Manager of Strategy at Severstal Resources CJSC. M
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that it has closed out the hedge contracts between its wholly-owned Mexican subsidiary, Compania Minera Pena de Bernal, S.A. de C.V. ("Bernal"), and Investec Bank plc ("Investec"). Funds advanced to Starcore through the $11 million credit facility arranged with Sprott Resource Lending Corp. were used to settle St
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Sniper Resources Ltd. (TSX VENTURE: SIP)(FRANKFURT: A1H38M)Preliminary assay results have been received from Sniper-s Phase 2 drill program at the Weepah gold property located in the Walker Lane mineral belt in Esmeralda County, Nevada. Twelve holes (WP-24 through WP-35) were drilled during April with totals of 2980 feet (908 metres) drilled in the recent program. Phase 1, drilled earlier this year, comprised 8 holes (WP-16 through WP-
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/15/12 — Amarillo Gold Corp. (TSX VENTURE: AGC) ("Amarillo" or the "Company") is pleased to release the initial metallurgical testwork results on samples of mineralized sulphide drill core from the Butia deposit which is part of the Lavras do Sul project, in southern Brazil. The initial resource estimate at the Butia prospect reported 215,000 ounces of gold indicated from 6.4 MT at 1.05 g/t Au, and 308,000 ounces of gold inf
