Hecla to Hold Annual Meeting of Shareholders in Spokane, Washington to Celebrate Its 125th Anniversary

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1104-nyse/hl/19938-hecla-to-hold-annual-meeting-of-shareholders-in-spokane-washington-to-celebrate-its-125th-anniversary.html

COEUR D’ALENE, Idaho–(BUSINESS WIRE)–Hecla Mining Company (NYSE:HL) is marking its 125th anniversary as a mining company in 2016. One event recognizing this achievement will be Hecla’s Annual Meeting of Shareholders being held in Spokane, Washington, the home of its original founders Patsy Clark, Amasa Campbell, and John Finch.

The Annual Meeting of Shareholders will be held at the Northwest Museum of Arts & Culture (MAC) located at 2316 W. 1st Avenue in Spokane on Thursday, May 19, 2016, at 10:00 a.m. Pacific Time. The MAC is located next door to the Campbell House, the home of Amasa Campbell.

 

 

Santacruz Silver Files Technical Report for the Veta Grande Project on SEDAR

http://www.stockhouse.com/news/press-releases/2016/05/17/santacruz-silver-files-technical-report-for-the-veta-grande-project-on-sedar

VANCOUVER, May 17, 2016 /PRNewswire/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) announces that it has filed on SEDAR an independent Technical Report titled “Technical Report, Veta Grande Project, Zacatecas State, Mexico” (the “Report”), for the Veta Grande Project located in Zacatecas, Mexico. The Veta Grande Project includes: the Veta Grande Properties and Mine, and Minillas property, held under the agreement with Contracuña (see press release dated November 2, 2015), and the Zacatecas Properties held under option from Golden Minerals Company (see press release dated May 4, 2016).

Riverside Reports Drill Results and Provides Exploration Update for Tajitos Gold Project in Sonora, Mexico

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/866-tsx-venture/rri/19900-riverside-reports-drill-results-and-provides-exploration-update-for-tajitos-gold-project-in-sonora-mexico.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 17, 2016) – Riverside Resources Inc. (“Riverside” or the “Company”) (TSX VENTURE:RRI) (OTC PINK:RVSDF) (FRANKFURT:R99), is pleased to provide drill results and an update on exploration work at the Company’s Tajitos Gold Project (the “Project”), located in Sonora, Mexico. Core and reverse circulation (RC) drilling has concluded and Riverside has now received gold assay results for all samples submitted to the lab. Riverside and partner Centerra Gold Inc. (“Centerra”) completed eight (8) diamond core holes totalling 1,832 metres.

New High Grade Silver Zone Identified near Palo Seco

Click to access 160516-High-Grade-Silver-at-Palo-Seco-Sur.pdf

Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) is pleased to advise that high grade silver assays and strongly anomalous gold and base metal values have been returned from reconnaissance sampling at Palo Seco Sur, a previously untested zone located 750m south of the historical Palo Seco Mine (see Figure 1), part of the Company’s Alacrán Project.

Gold Resources in the Trans-Mexican Volcanic Belt (TMVB)

Au-eje neovolcánico_barqueño incl

Although the TMVB is not the most significant mining region in Mexico, it has produced historically a significant amount of gold from several mineralization styles. The most relevant by size are the low-sulphidation epithermal deposits of Pachuca with 7 M Oz and El Oro-Tlalpujahua with 8 M Oz Au.

Currently, the TMVB has published gold resources contained exclusively in low, intermediate, and high-sulphidation epitermal deposits for over 5.8 M Oz Au. Of these, over 3.8M Oz Au occur in eleven low-sulphidation epithermal deposits, 948K oz Au in three properties of intermediate-sulphidation epithermal affinity, and 994K oz Au in a single high-sulphidation epithermal style.

Over half of the total gold resources are contained in two deposits: Almaden´s Ixtaca deposit in Puebla State, with published all-inclusive resources for almost 2 M Oz of Au at a grade of 0.54 g/t Au, and Caballo Blanco in Veracruz State, recently acquired by Candelaria Mining Corp., from Timmins Gold, with almost 1M Oz Au at a grade of 0.58 g/t Au.

These deposits are followed by Candente´s El Oro and Agnico´s El Barqueño deposits with 762K Oz Au at a grade of 3.44 g/t Au and 610K Oz Au at a grade of 0.96 g/t Au respectively.

Eleven additional deposits with less than 500K Oz Au occur in the TMVB and plenty of gold exploration plays are widespread in this mining region of Mexico.

The table below shows tonnages, grades, as well as gold resources (all inclusive) for each of these Deposits.

gold resources in the TMVB

Avino Reports Q1 2016 Financial Results

Click to access article_05162016231649.pdf

VANCOUVER, May 16, 2016 /CNW/ – Avino Silver & Gold Mines Ltd. (ASM: TSX-V, ASM: NYSE–MKT, GV6: FSE, “Avino” or “the Company”) is pleased to announce the consolidated financial results for the Company’s first quarter ended March 31, 2016.  The financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.avino.com, on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

GoGold Resources Inc. Announces C$10 Million Bought Deal Financing

http://gogoldresources.com/investors/press-releases/2016/145-gogold-resources-inc-announces-c-10-million-bought-deal-financing

HALIFAX, NOVA SCOTIA–(Marketwired – May 16, 2016) –

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

GoGold Resources Inc. (“GoGold” or the “Company”) (TSX:GGD) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation and BMO Capital Markets pursuant to which they have agreed to purchase, on a bought deal basis, 7,700,000 units of the Company (the “Units”) at a price of C$1.30 per Unit, for gross proceeds to the Company of approximately C$10,000,000 (the “Offering”).

The Company will also grant to the Underwriters an over-allotment option (the “Over-Allotment Option”) to increase the size of the Offering by up to an additional 15%, such option being exercisable in whole or in part at any time prior to 30 days after the closing of the Offering. Each Unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant shall entitle the holder to acquire an additional common share at a price of C$1.70 during the period ending 24 months following the closing of the Offering.

Red Tiger Update on Financial Statement Status

http://www.thenewswire.com/archives?tnwcatalyst2=release_id%3D19094

Toronto, Ontario / TheNewswire / May 16, 2016 – Red Tiger Mining Inc. (TSXV: RMN) (“Red Tiger” or the “Company”) is providing this bi-weekly update on its Financial Statement Status in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults (“NP 12-203”). On April 20, 2016, the Company announced that for reasons disclosed in the news release, there would be a delay in the filing of its audited financial statements for the year ended December 31, 2015 and its related Management Discussion & Analysis and CEO and CFO certifications beyond the 120 day period prescribed for the filing of such documents. The late financial statements, management discussion and analysis and related CEO and CFO certifications are, collectively, the “Required Filings”.

Southern Silver Purchases Land and Equipment at Cerro Las Minitas; Provides Corporate Update

http://www.marketwired.com/press-release/southern-silver-purchases-land-equipment-cerro-las-minitas-provides-corporate-update-tsx-venture-ssv-2125353.htm

VANCOUVER, BRITISH COLUMBIA–(Marketwired – May 16, 2016) – Southern Silver Exploration Corp. (TSX VENTURE:SSV)(FRANKFURT:SEG1)(SSE:SSVCL) (“Southern Silver”) has completed the purchase and obtained legal title to land at the Cerro Las Minitas project formerly held by the vendor of the mineral claims to Southern Silver.

As part of the July, 2015 agreement, the Company negotiated the cessation of mining rights on the property by the vendor, the acquisition of all mining equipment on the claims and the purchase of a 5.9 hectare surface lot which partially overlies the Blind and El Sol mineral deposits. The surface lot surrounds two shafts that the property vendor used for small-scale mining (<50tpd) during the term of the option of the Cerro Las Minitas mineral tenures.