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Posts Tagged ‘silver’

Twitter has become a very important marketing tool for many companies, it enabled them to reach their customers and shareholders in a whole new way. Most mining companies however are very traditional, of the thousands of mining companies in the world, only a handful have discovered Twitter. Let’s start with our own portfolio, only two companies have a Twitter account. Rubicon Minerals (@RubiconMinerals) and Avino (@Avino_ASM), both account are used infrequently. We have put them in the list “portfolio” on our own Twitter account (@CashInfo_org) and will continue to retweet them as well.  Barrick Gold (@BarrickGold), Rio Tinto (@RioTinto) and Kinross Gold (@kinrossgold) are the only three large-cap mining companies that use Twitter (for now). In this new series of articles about social media and mining companies we will watch how they make use of their accounts and will rank them accordingly!

TOP 5:

On number 5: Copper Creek Gold (@CopperCreekGold) ; With 2791 followers this very small company clearly beats the bigger miners. They do rewteet when relevant, we would like to see some user interaction!

On number 4: Soltera Mining (@SolteraMining) ; 6542 followers, links tom relevant articles and retweets sometimes. User interaction is missing.

On number 3:Mandarin Venture (@mandarinventure) ; 6031 followers, good tweets, retweets and some user interaction as well.

On number 2: Logan Resources (@LoganResources) ; 4863 followers, good tweets, relevant retweets and interaction with followers, that is Twitter as it should be!

On number 1: Bayfield Ventures (@Bayfield_BYV) ; With 10125 followers they clearly create the most exposure for their company. Since they retweet and interact with other users al well, Bayfield is the winner!

note: In this top 5 list we have only looked at what company makes the best use of Twitter. This is no buy/sell/hold alert, advise whatsoever, just a Twitter ranking!

The CashInfo Twitter List of Miners (by number or followers):

Bayfield Ventures: @Bayfield_BYV : 10125 followers

Soltera Mining: @SolteraMining : 6542 followers

Mandarin Venture: @mandarinventure : 6031 followers

Logan Resources: @LoganResources : 4862 followers

Cypress Development: @cypress_cyp : 4766 followers

Pearl Asian Mining: @ZNextPearlGold : 3403 followers

Copper Creek Resources: @CopperCreekGold : 2791 followers

Kodiak Exploration: @KodiakExp : 2763 followers

Rio Tinto: @RioTinto : 2284 followers

Barrick Gold: @BarrickGold : 1309 followers

Avino Silver and Gold Mines: @Avino_ASM : 942 followers

Apella Resources: @apellaresources : 899 followers

Commerce Resources: @CommerceResCCE : 743 followers

Canadian Shield: @CdnShield : 727 followers

Cedar Creek Mines: @CedarCreekMines : 595 followers

Kinross Gold: @kinrossgold : 492 followers

Fire River Gold: @FireRiverGold : 486 followers

Kingsgate Mining: @kingsgatemining : 458 followers

Rubicon Minerals: @RubiconMinerals : 549 followers

Silver Falcon Mining: @SFMI : 421 followers

Quest Rare Minerals: @QuestRM : 372 followers

Avalon Rare Metals: @AvalonRareMetal : 353 followers

Tirex Resources: @TirexResources : 321 followers

Puget Ventures: @PugetVentures : 320 followers

Yukon-Nevada Gold Corp.: @Yukon_Nevada : 313 followers

Abacus Mining: @AbacusMining : 273 followers

Stroud Resources: @StroudResources : 270 followers

Euromax Resources: @EurOmaxRes : 257 followers

Miranda Gold Corp: @MirandaGold : 245 followers

Londoni Gold Corp: @Londonigoldcorp : 230 followers

Ucore Rare Metals: @UcoreRareMetals : 230 followers

Agnico-Eagle Mines: @agnico_eagle : 220 followers

KIG Mining: @KIGMining : 214 followers

Donner Metals: @donnermetals : 192 followers

TVI Pacific: @tvipacific : 190 followers

Entrée Gold: @entreegold : 170 followers

Hunter Dicison Inc: @HDI_Mining : 170 followers

Riverside Resources: @rivres : 163 followers

Rugby Mining: @RugbyMining : 162 followers

Aura Minerals: @AuraMinerals : 159 followers

Ascot Mining: @AscotMiningplc : 158 followers

Golden Dawn Minerals: @goldendawninc : 158 followers

Kuru Mining: @CrusaderVI : 152 followers

Austral Minerals: @AustralMinerals : 133 followers

Exeter Resource Corp.: @ExterResource : 131 followers

Alexis Minerals @AlexisMinerals : 128 followers

Noront Resources: @NorontResources : 105 followers

Cliffs Natural Resources: @CliffsIR : 99 followers

Oro Gold Resources: @OGR_V : 92 followers

Beltra-Gold Mining: @BeltraGold : 84 followers

Montero M&E: @Monteromining : 82 followers

Geodex Minerals: @GeodexMinerals : 70 followers

Endeavour Silver: @EDRSilverCorp : 68 followers

Uranium North: @UraniumNorthUNR : 65 followers

GEMERA: @GEMERA_AR : 64 followers

Golden Shamrock: @Golden_Shamrock : 59 followers

Equitas Resources: @equitascorp : 52 followers

Mayan Gold: @MayanGold : 50 followers

Global Cobalt: @GlobalCobalt : 40 followers

Elray Resources: @ElrayResources : 38 followers

NovaGold Resources: @NovaGold : 21 followers

Laquinta Resources: @Laquintares : 11 followers

Rhodium Limited: @Rhodiumltd : 11 followers

Primero Mining: @PrimeroMining : 0 followers (after a week our request for follow is still pending)

You can follow these companies all at once by following the lists on our Twitter account!

If you know any mines that are missing from our list, please let us know  and we will include them!

Great drill results from Rubicon! Rubicon continuous to build its proven resources and thus building more value for its shareholders. We bought Rubicon in July @ CAD$3,49 Using yesterday’s close of CAD$4,10 this means a 17,4% gain. When you just have a look at the great history of the Red Lake district in Ontario you would expect results like this to keep coming.

Rubicon Press Release:

- includes 16.59 oz/ton gold over 8.2 feet in newly identified northeast-trending subzone -

- cross-cuts expose F2 Core Zone and separate northwest hanging wall zone -

TSX:RMX | NYSE AMEX:RBY

VANCOUVER, Nov. 17 /CNW/ – Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) is pleased to provide an update on its underground delineation drill program being carried out on part of the F2 Core Zone, part of the F2 Gold System at its 100%-owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold District of Ontario. The results below pertain to the initial 4,277 metres of a 27,000 metre delineation drill program. In addition, Rubicon is carrying out approximately 40,000 metres of exploration drilling in the larger F2 Gold System. New delineation drill results are shown in Table 1 and Figures 2, 3, 4 and 6.

The majority of the initial drill results are focused within +/-15 metres of the 305 metre level below surface. The delineation drilling is planned to further test a 150 metre (horizontal) x 200 metre (vertical) area within the F2 Core Zone of the F2 Gold System (Figures 1 and 5). Initial drill results appear to be outlining several structurally-hosted, discrete sub zones trending at multiple angles including a significant northwest-trending component (parallel to the regional F2 fold trend direction). The active cross-cuts now expose areas of the initial delineation drilling in the F2 Core Zone and separate northwest hanging wall zone (Figure 2, 3 and 4) and the Company plans to post pictures of the cross cuts by the end of the week on its website.

Delineation Drilling – Northwest Hanging Wall Area

Drilling northwest of the 305-05 drill station has intersected a previously unrecognized northeast trending subzone to the northwest of the main area of delineation drilling (Figure 2 and 6). Highlights include hole D305-05-016 which returned 16.59 oz/ton gold over 8.2 feet (568.9 g/t gold over 2.5 metres), including 41.03 oz/ton gold over 3.3 feet (1,406.8 g/t gold over 1.0 metre) and hole D305-05-020 returned 2.74 oz/ton gold over 6.6 feet (93.8 g/t gold over 2.0 metres), including 5.34 oz/ton gold over 3.3 feet (183.0 g/t gold over 1.0 metre). The majority of the mineralization in this zone is hosted by quartz veins, within a package of altered high titanium basalts and has currently been defined over a 55 metres strike length.

Delineation Drilling – Below 305 metre level

Hole D305-04-015 intersected 0.92 oz/ton gold over 19.0 feet (31.4 g/t gold over 5.8 metres) including a high-grade interval of 9.65 oz/ton gold over 1.6 feet (330.8 g/t gold over 0.5 metres) on the 310 metre level within strongly biotite-altered and quartz-veined high-titanium basalts (Figure 3 and 6). Hole D305-05-003A intersected a broad zone of 0.20 oz/ton gold over 72.2 feet (7.0 g/t gold over 22.0 metres) containing two separate high-grade intervals of 0.93 oz/ton gold over 7.9 feet (31.9 g/t gold over 2.4 metres) and 0.73 oz/ton gold over 4.6 feet (25.0 g/t gold over 1.4 metres).

Delineation Drilling – Above 305 metre level

Above the 305 metre level (Figure 4 and 6), hole D305-04-017 intersected 1.35 oz/ton gold over 9.8 feet (46.3 g/t gold over 3.0 metres) within a broader zone of 0.46 oz/ton gold over 31.2 feet (15.6 g/t gold over 9.5 metres) southwest of the 305 level drift on the 293 metre level. Northeast of the 305 level drift, drill hole D305-05-005 intersected 0.62 oz/ton gold over 16.4 feet (21.1 g/t gold over 5.0 metres) including 4.27 oz/ton gold over 2.0 feet (146.3 g/t gold over 0.6 metres) within a broader zone of 0.15 oz/ton gold over 87.2 feet (5.0 g/t gold over 26.6 metres) and D305-05-008 intersected 0.82 oz/ton gold over 9.8 feet (28.0 g/t gold over 3.0 metres) within quartz breccias contained within a broader zone of 0.17 oz/ton gold over 77.1 feet (5.7 g/t gold over 23.5 metres) respectively centered on the 296 metre level.

The gold mineralization both above and below the level occurs in multiple sub-parallel zones typically hosted by quartz breccias and variably altered mineralized high titanium basalt. To date, delineation drilling demonstrates that the mineralization is vertically continuous over the 20 metres tested and, based on previous wider-spaced drilling below the current level, it is expected that continuity will extend to depth.

“The F2 Core Zone delineation holes confirm and extend results from wider spaced drilling and also provide evidence of new, previously unidentified sub-zones. We look forward to our initial resource estimate before month end as well as further results from the delineation drilling and additional exploration drilling designed to further test the limits of the large F2 Gold System,” stated David Adamson, President and CEO.

Rubicon Minerals Corporation is a well-funded exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Project in Red Lake, Ontario. Rubicon controls over 100 square miles of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp’s high-grade, world class Red Lake Mine.

RUBICON MINERALS CORPORATION
“David W. Adamson”
President & CEO

Table 1: Assay Results

Holes with the prefix ‘D305′ were drilled from underground on the 305 metre level and are part of the delineation program. Assays are uncut. Reported results satisfy the following cut-off criteria: An intercept equal to or greater than 10 g/t gold (gram) x (metre) product value and possessing an average grade of equal to or greater than 5.0 g/t gold.
Anomalous holes satisfy the following criteria: >2.5 gram gold x metre product and > 2 g/t gold. A complete listing of results to date for the F2 Gold System is available at www.rubiconminerals.com.

Figure 1: F2 Gold System Plan Map

http://files.newswire.ca/617/Rubicon_Fig1_Nov17.doc

Figure 2: Plan map showing the northwest hanging wall zone
(results included for the 265 through 305 metre levels)

http://files.newswire.ca/617/Rubicon_Fig2_Nov17.doc

Figure 3: Plan Map showing the core zone area delineation drill results below the 305 metre level
(results included for the 305 through 345 metre levels)

http://files.newswire.ca/617/Rubicon_Fig3_Nov17.doc

Figure 4: Plan Map showing the core zone area delineation drill results above the 305 metre level
(results included for the 265 through 305 metre levels)

http://files.newswire.ca/617/Rubicon_Fig4_Nov17.doc

Figure 5:  Composite Long Section Looking Northwest and 9X Target

http://files.newswire.ca/617/Rubicon_Fig5_Nov17.doc

Figure 6: Detailed Composite Long Section of Delineation Drill area, Looking Northwest
(New results for 155m thick section only)

http://files.newswire.ca/617/Rubicon_Fig6_Nov17.doc

Assaying and Qualified Person
Assays were conducted on sawn NQ-sized half core sections. Delineation drilling intercepts represent horizontal thickness which, at this time, are interpreted to be true thickness. The saw blade is routinely cleaned between samples when visible gold is noted during logging and sampling of the drill core. Assays were conducted by SGS Minerals Services using standard fire assay on a 30 gram (1 assay ton) sample with a gravimetric finish procedure. Assays are uncut as is standard practice in Red Lake. Standards, blanks and check assays were included at regular intervals in each sample batch. Check assays on 5% of samples are carried out at a third party independent laboratory. Gold standards were prepared by CDN Resource Laboratories Ltd. Work programs in this release were supervised by Terry Bursey, P.Geo., Regional Manager for Rubicon and the project Qualified Person under the definition of NI 43-101.

Forward-Looking Statements
This news release contains statements that constitute “forward-looking statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934 and “forward-looking information” within the meaning of applicable Canadian provincial securities legislation (collectively, “forward-looking statements”). Forward-looking statements often, but not always, are identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect”, “targeting” and “intend” and statements that an event or result “may”, “will”, “should”, “could”, or “might” occur or be achieved and other similar expressions. Forward-looking statements in this document include statements regarding the timing and nature of future exploration programs which are dependent on projections which may change as drilling continues, or if unexpected ground conditions are encountered. In addition, areas of exploration potential are identified which will require substantial drilling to determine whether or not they contain similar mineralization to areas which have been explored in more detail. The description of the extent of mineralized zones is not intended to imply that any economically mineable estimate of reserves or resources exists on the Phoenix project. Similarly, although geological features of the F2 Gold System are interpreted to show similarities to nearby gold producing mines owned by third parties, this should not be interpreted to mean that the F2 Gold System has, or that it will, generate similar reserves or resources. Significant additional drilling is required at F2 to fully understand system size before a meaningful resource calculation can be completed.

The forward-looking statements that are contained in this news release are based on various assumptions and estimates by the Company and involve a number of risks and uncertainties. As a consequence, actual results might differ materially from results forecast or suggested in these forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause the actual results to differ include market prices, results of exploration, availability of capital and financing on acceptable terms, inability to obtain required regulatory approvals, unanticipated difficulties or costs in any rehabilitation which may be necessary, market conditions and general business, economic, competitive, political and social conditions. These statements are based on a number of assumptions, including assumptions regarding general market conditions, timing and receipt of regulatory approvals, the ability of the Company and other relevant parties to satisfy regulatory requirements, the availability of financing for proposed transactions and programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements, there may be other factors which cause actual results to differ.

Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Source: Rubicon website

Below you will find the third quarter results of Minera Andes. There is not much news in it, but we are confident that Minera Andes will produce some positive surprises the coming years. Icon of the industry Rob McEwen is the biggest shareholder and the company is teaming up with some of the biggest players (Hochschild Mining and Xstrata). We still think that this company is one of the building blocks for some kind of new Goldcorp. We bought Minera Andes in September 2009 @ CAD$0,72 at the moment the stock is trading @ CAD$2,04 meaning a 183,3% gain.

Minera Andes Press Release:

TORONTO, ONTARIO – November 11 2010 – Minera Andes Inc. (the “Corporation” or “Minera Andes”) (TSX: MAI and US OTC: MNEAF) is pleased to announce net income of $6.1 million ($0.02 per share basic and diluted) for the three month period ended September 30 2010 compared to net income of $5.2 million ($0.02 per share basic and diluted) for the same period ended September 30 2009. All amounts in this news release are in US dollars unless otherwise noted. Our financial statements and management’s discussion and analysis are available under the Corporation’s profile at www.sedar.com and www.sec.gov.

Minera Andes has a 49% interest in the San José Mine operated and owned by Minera Santa Cruz (“MSC”), a joint venture between Minera Andes (49%) and Hochschild Mining (51%).

Highlights – Third Quarter 2010

• Net income increase of $0.9 million: The Company reported a $0.9 million increase in net income for the quarter (as compared to the same quarter in 2009) primarily due to an increase of $1.8 million in income recorded on our investment in MSC, which was partially offset by an increase of $0.9 million in total expenses for the quarter. The increase in expenses was a net result of an increase in general and administrative costs, a decrease in foreign currency exchange gains (due to a decrease in the strengthening of the Canadian dollar), and a decrease in professional fees as compared to the third quarter in 2009.
• San José Mine Performance (on a 100% basis): Net income at the San José Mine increased by $3.8 million compared to the same three month period in 2009, driven primarily by an 8% increase in sales. The increase in sales was due to higher realized metal prices for both silver and gold offset by a decrease in the number of ounces of silver and gold sold in the quarter. Production for the quarter was 1,408,501 ounces of silver and 22,025 ounces of gold. Silver production was unchanged and gold production was 2% lower compared to the same quarter in 2009, a result of a decrease in total ore processed at the mine offset by an increase in the head grade for silver. On a per-ounce co-product basis the average cash cost was $8.81 per ounce of silver and $570 per ounce of gold for the quarter.
• Settlement of lawsuit with Hochschild Mining plc: The Company announced on September 20 2010, an end to litigation with certain affiliates of Hochschild Mining plc. (“Hochschild”) in New York courts relating to funding of the San José Mine joint venture. Revised finance and shareholder loan agreements were completed and the Company received its first scheduled repayment of interest.
• San José Mine Exploration: The Company announced on October 7 2010, the discovery of nine new high-grade gold/silver veins plus important extensions of two other veins, which together total more than five kilometers in strike length at the San José Mine. The discoveries represent significant exploration progress at the San José Mine where the total strike length of all the previously known veins totalled approximately 17 kilometers. The 2010 exploration budget has been increased to $6.5 million compared to $2.5 million in 2009.

This news release is submitted by Perry Ing, Chief Financial Officer of Minera Andes Inc.

About Minera Andes Minera Andes is an exploration company exploring for gold, silver and copper in Argentina with three significant assets: a 49% interest in Minera Santa Cruz SA, owner of the San José Mine in close proximity to Andean Resources’ Cerro Negro project; 100% ownership of the Los Azules copper deposit with an inferred mineral resource of 10.3 billion pounds of copper and an indicated resource of 2.2 billion pounds of copper; and, 100% ownership of a portfolio of exploration properties bordering Andean’s Cerro Negro project in Santa Cruz Province. The Corporation had $10 million USD in cash as at September 30 2010 with no bank debt. Rob McEwen, Chairman and CEO, owns 33% of the company.

About Minera Santa Cruz Minera Santa Cruz SA is a joint venture owned 51% by Hochschild Mining Argentina, a wholly owned subsidiary of Hochschild Mining plc, and 49% by Minera Andes S.A., a wholly owned subsidiary of the Corporation. The joint venture owns and operates the San José property.

About Hochschild Mining plc Hochschild Mining plc is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over forty years of experience in the mining of precious metal epithermal vein deposits and currently operates four underground epithermal vein mines, three located in southern Peru, one in southern Argentina and one open pit mine in northern Mexico. Hochschild also has numerous long-term prospects throughout the Americas.

For further information, please contact: Daniela Ozersky or visit our Web site: www.minandes.com.

Daniela Ozersky
Manager, Investor Relations
99 George St. 3rd Floor,
Toronto, Ontario, Canada. M5A 2N4
Toll-Free: 1-866-441-0690
Tel:647-258-0395
Fax: 647-258-0408
E-mail: info@minandes.com

Source: Company website

Just yesterday we were talking about the great cash position of First Majestic. We think they have used their money wisely in completing this acquisition, and will continue to watch this company closely.

First Majestic Press Release:

First Majestic Completes Acquisition of Surface Rights, Royalties and Infrastructure at Real de Catorce Silver Project

VANCOUVER, November 10, 2010 – First Majestic Silver Corp. (“First Majestic”) (TSX: FR) is pleased to announce the closing today of the acquisition of all the real estate interests including the original mill and infrastructure and underlying royalties and bonuses which were associated with the Real de Catorce Silver Project in San Luis Potosi State, Mexico.

The total purchase price of US$3,000,000 consists of US$1,500,000 cash and the issuance of US$1,500,000 in common shares of First Majestic equalling 152,798 shares at a deemed price of $9.91 per share based on the volume weighted average of the past five days trading. The package includes title to all of the land underlying the Santa Ana Hacienda located within the Real de Catorce property, together with all associated buildings and certain historic geological and proprietary mining information relating to the project.

The Real de Catorce Silver Mine which was acquired in November 2009, had been subject to a 3% net smelter royalty (“3% NSR”), of which 1.75% could be acquired for a total price of US$1.75 million, if paid prior to March 15, 2014, otherwise the total purchase price would increase to US$2.1 million. In addition, the previous owner (Normabec) had agreed to acquire the surface rights, the buildings located thereon which cover the location of the previous mining operations, and all technical and geological information, in consideration for a single payment of US$1.2 million to be made by December 2010. The Company was also obligated upon commencement of commercial production, to pay an additional US$200,000 to the previous owner.

The acquisition by the Company today replaces the above mentioned total cash payments of between $3.15 and $3.4,with a total purchase price of US$3.0 million in cash and shares, and removes entirely any future NSR on the Real de Catorce project.

The Company is currently evaluating its alternatives for future production in the area, including the evaluation of past exploration works in order to plan for future underground development, mining and processing plant alternatives. In the meantime, the Company is planning to rehabilitate the Santa Ana Hacienda for the purpose of opening a mining museum to help the community create new jobs and increase the economic opportunities in the area.

The shares issued in this agreement will be subject to a four month hold period from the date of issuance under applicable Canadian securities laws.

First Majestic is a producing silver company focused in Mexico and is aggressively pursuing its business plan to become a senior silver producer through the development of its existing assets and the pursuit through acquisition of additional assets that contribute to achieving its corporate growth objectives.

FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.

“signed”

Keith Neumeyer,
President & CEO

Source: Company website

Avino Silver and Gold Mines continuous to bring us good news. We bought Avino in July 2009 at $US0,63 using today’s intra-day high of US$2,08 this means a 230,1% gain.

Avino Press Release:

Avino Silver and Gold Mines (Avino) is pleased to report on progress from its bulk sampling program at the San Gonzalo mine northeast of Durango, Mexico.

As Avino reported in its October 13th news release, two raises were driven to connect the lower level 2 (2260m elevation) with the upper level 1 (2306m elevation). The assays from initial sampling in the eastern raise have now been received. Location of these channel samples can be viewed on Avino’s website

Line  Width(m)   AU	AG	Lead	Zinc 	Copper
		(g/T)  (g/t)    (g/t)	(g/t)	(g/t)
  1	0.75	1.112	227	4012	1772	930
  2	1.10	3.621	508	7007	4295	657
  3	1.05	2.243	384	4817	718	1263
  4	1.25	6.120	216	2563	1206	2398
(Inc.):	0.80	1.715	222.2	1828	1014	292
	0.45	13.95	203.7	3870	1548	6141
  5	1.15	2.221	380	5712	1330	1689
(Inc.):	0.65	1.899	93.4	182	266	153
	0.50	2.639	752.2	12900	2714	3685
  6	1.25	1.436	260	3921	1925	852
  7	1.30	1.391	727	5667	1305	448
(inc.):	0.75	1.608	728.9	2122	1384	538
	0.55	1.095	724.9	10500	1198	326
  8	1.15	0.670	313	1656	1339	667
9	1.10	1.413	344	4322	904	1394
10	1.25	2.078	276	12255	1762	891
11	1.60	1.077	315	2339	482	815
12	1.30	3.642	514	5893	698	745
(inc.):	0.60	2.74	672.6	10600	1120	1352
	0.70	4.416	378.5	1859	337	225
13	1.35	1.698	707	3323	610	372
14	1.65	1.493	422	4202	896	258
(inc.):	0.60	2.644	242.6	8349	1267	411
	0.50	1.181	842.1	2328	862	214
	0.55	0.52	234.7	1382	522	132
15	1.10	1.518	588	2304	610	173
(inc.):	0.55	1.895	845.7	3570	914	253
	0.55	1.14	329.9	1037	306	93
16	1.60	1.122	366	3234	824	334
 17	1.30	4.030	171	10609	633	509
(inc.):	0.65	6.852	98.6	20000	855	845
	0.65	1.207	243.2	1218	410	172
18	1.25	1.769	224	12334	1161	1091
Avg:	1.25	2.135	389	5313	1197	831

(The full sampling results can be viewed on Avino’s website )

Samples are from channels cut across the San Gonzalo 1 vein. The samples were assayed by Inspectorate Labs. Samples were crushed and ground in Durango with pulps assayed in Richmond BC using fire assay and AA finish for gold, four acid digestion and AA for most silver with fire assay and gravimetric finish for very high silver, Aqua Regia digestion and ICP for base metals.

Avino’s mine staff report that approximately 2000 tonnes of mineralized vein rock have been broken from stope 2-140 so far, which is calculated to grade 1.9g/t gold and 340 g/t silver.

This compares well with the originally inferred resource (Orequest August 31, 2009 43101 compliant report) which estimated 444,250 tonnes at San Gonzalo grading 2.61 g/t gold, 322 g/t silver, 1% lead and 1.5% zinc.

Avino’s mill has now completed processing the stockpiled copper ore from the original mining operation on the ET zone and will now undergo a two week maintenance upgrade prior to starting milling of the San Gonzalo material.

Founded in 1968, Avino has established a long record of mining and exploration in Mexico. The Company’s focus is to bring the property to production. Avino remains well funded.

For more information on the San Gonzalo project, visit the Company’s website at www.avino.com

ON BEHALF OF THE BOARD

“David Wolfin”
______________________________
David Wolfin
President & CEO

Source: Company website

The number one winner in our portfolio so far is announcing yet another record quarter! We are proud to have First Majestic in our portfolio. Bought in September 2009 @ CAD$2,66 this means a 343.2% gain! Using today’s intra-day’s high of CAD$ 11,79 ; At the moment of this post down to CAD$ 10,17 (largely the result of the lower silver intra-day, not a surprise…); We will keep First Majestic in our portfolio, and are confident that their strong management will keep us giving these  wonderful results. The fact that the company is now debt free, and has a lot of cash on hand, means they are probably silently shopping around to see if there is a silver junior they can take over. This company makes us hope this gold/silver correction of today continuous into the week, so we might consider to announce a buy alert for this company, and buy some more stock for ourselves.

First Majestic Press Release:

FIRST MAJESTIC SILVER CORP. (FR-T) (the “Company” or “First Majestic”) is pleased to announce the unaudited financial results for the Company’s third quarter ending September 30, 2010. The full version of the financial statements and the management’s discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com.

Results of Operations

Consolidated gross revenue (prior to smelting & refining charges, and metal deductions) for the quarter ended September 30, 2010 increased 114% to $36.1 million (US$34.7 million) compared to $16.8 million (US$15.4 million) for the quarter ended September 30, 2009, for an increase of $19.2 million. Compared to the second quarter ended June 30, 2010, consolidated gross revenue increased by $4.3 million or 13%. The increase in revenues in the third quarter of 2010 is primarily attributable to a 15% increase in silver ounces sold compared to the previous quarter. The increase in ounces sold is due to increased production from the plant at the La Encantada Silver Mine as well as from improving operating levels at the La Parrilla Silver Mine which combined to contribute a 95% increase in silver production when compared to the third quarter of 2009.

Net sales revenue (after smelting and refining charges and metals deductions) for the quarter ended September 30, 2010 was $33.5 million, an increase of 144% compared to $13.7 million for the third quarter of 2009. Net sales revenue for the quarter ended September 30, 2010 increased by 16% compared to $29.0 million in the second quarter of 2010. Smelting and refining charges and metal deductions decreased to 7% of gross revenue in the third quarter of 2010 compared to 19%of gross revenue in the third quarter of 2009, due to a shift in the production mix toward silver doré which is a benefit from the new cyanidation plant at La Encantada. Average smelting charges for doré in the third quarter of 2010 were US$0.39 per silver ounce as compared to US$3.84 per silver ounce for concentrates.

Net income after taxes was $10.3 million in the third quarter of 2010 resulting in basic earnings per common share (“EPS”) of $0.11, compared to a net income in the third quarter of 2009 of $1.8 million or an EPS of $0.02. Net income for the third quarter of 2010 was after taking a non-cash future income tax provision of $3.5 million or $0.04 per share and a foreign exchange loss (due to a stronger Peso) which increased by $1.0 million or $0.01 per share over the previous quarter, when net income after taxes was $8.9 million and basic EPS was $0.10.

Mine operating earnings for the third quarter of 2010 increased by 307% to $16.9 million, compared to mine operating earnings of $4.1 million for the third quarter of 2009, and are associated with an increase in net revenue during the third quarter of 2010. When compared to the second quarter of 2010, mine operating earnings increased by 29% from $13.1 million to $16.9 million.

Operating income increased by 617%, or $11.8 million, to $13.8 million for the quarter ended September 30, 2010, from $1.9 million for the quarter ended September 30, 2009, due to the 84% increase in ounces sold and the 23% increase in average US$ revenue per ounce of silver sold. When compared to the second quarter of 2010, operating income increased by 38% from $10.0 million to $13.8 million.

Production of silver, excluding any equivalents from gold, lead or zinc, increased 95% compared to the third quarter of 2009. The Company produced 1,823,370 ounces of silver in the current quarter, 1,538,798 ounces of silver in prior quarter and 935,996 ounces in the third quarter of 2009. In the current quarter, 95% of First Majestic’s revenue resulted from the sale of pure silver making it the purest silver producer relative to its peers.

Total silver equivalents production for the third quarter of 2010 increased 76% from the same quarter of the prior year and 16% from the prior quarter to 1,920,498 ounces of silver equivalents consisting of 1,823,370 ounces of silver, 323 ounces of gold, 1,248,086 pounds of lead and 228,517 pounds of zinc. This compares to the 1,089,481 ounces of silver equivalents produced in the third quarter of 2009, which consisted of 935,996 ounces of silver, 732 ounces of gold, 1,690,354 pounds of lead, and 8,913 pounds of zinc and compares with production in the previous quarter of 1,656,165 ounces of silver equivalents consisting of 1,538,798 ounces of silver, 541 ounces of gold and 1,494,548 pounds of lead.
In the third quarter of 2010, the Company sold 1,869,393 ounces of silver equivalent at an average price of $19.30 per ounce (US$18.57) compared to 1,018,417 ounces in the third quarter of 2009 at an average price of $16.54 per ounce (US$15.07), representing an increase of 84% in shipments over the same quarter in 2009 and a 15% increase over the preceding quarter. The average trading price for silver in the third quarter was US$18.96.

The new La Encantada cyanidation plant achieved average throughput of 3,477 tonnes per day in the third quarter compared to 2,900 tonnes per day in the second quarter. The La Encantada plant produces silver doré bars which are 93-97% silver with small amounts of lead, gold and other metals making up the balance of the contents in these bars. The economic differences between doré and concentrate production are significant and are beginning to reflect in improved financial numbers. The economics of switching from concentrate production to doré production resulted in a 56% savings of smelting and refining costs per silver ounce for consolidated operations in the third quarter of 2010 compared to the third quarter of 2009.

Total cash costs per ounce (including smelting, refining, metal deductions, transportation and other selling costs, and byproduct credits, which is a non-GAAP measure) for the third quarter of 2010 was US$7.42 per ounce of silver compared to US$8.64 per ounce of silver in the third quarter of 2009 and US$8.20 per ounce in the second quarter of 2010. The cost decrease was attributed to reduced smelting & refining costs (US$1.34 per ounce this quarter versus US$3.08 per ounce for the same quarter last year) related to the converting the production at La Encantada plant to doré production instead of concentrate production.

On a year to date basis, the Company’s cash position has increased by $19.6 million to $25.5 million at the end of the third quarter, and working capital increased by $19.3 million to $24.1 million over the same period. The Company achieved these increases while also investing $11.6 million in plant and equipment and $10.0 million in its mineral properties. In addition, in September and October the Company repaid in advance 100% of the $4.1 million balance of the FIFOMI loans outstanding leaving the Company debt free, excluding the small prepayment facility and capital leases.

In Summary

First Majestic has delivered another quarter of strong operating results thanks to the additional production, earnings and cash flow from operations including the new plant at the La Encantada Silver Mine, which have also come at a time when there’s been a significant increase in the price of silver, which combined, have had an extremely positive impact on the Company’s balance sheet on a year to date basis.

“These are clearly very exciting times in the silver commodity markets and a very exciting time for the Company to be reaping the rewards of over six years of hard work, and which have delivered increased capacities into a very buoyant market. We will continue to focus on the fundamentals of minimizing cash costs and increasing production as we grow First Majestic into a senior silver producer” commented Keith Neumeyer, President and CEO of First Majestic.

First Majestic is a producing silver company focused in México and is aggressively pursuing its business plan of becoming a senior silver producer through the development of its existing mineral property assets and the pursuit through acquisition of additional mineral assets which contribute to the Company achieving its aggressive corporate growth objectives.

FOR FURTHER INFORMATION contact info@firstmajestic.com, visit our website atwww.firstmajestic.com or call our toll free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.
“signed”
Keith Neumeyer, President & CEO

This press release includes certain “Forward-Looking Statements” within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of First Majestic Silver Corp. are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Source:

This company has been our favourite since we started our website, it was our second gold/silver buy (first was International Royalty Company, sold at a 101,4% profit right before it was taken over by Royal Gold). It has been the backbone of our portfolio, and we expect it to be so for years to come.
We bought Silver Wheaton in June 2009 @ US$9,95 and in March 2010 @ US$14,95
Just in July of this year we issued a buy alert on Silver Wheaton to buy below $US 19,95
Using today’s intra-day high of $US37,20 this means respectively up 273,8% ; up 148,8% and up 86,4%
These results are slightly below our expectations, but because of logistical reasons within the company, and record breaking silver prices we expect a whopping fourth quarter.
The gold/silver ratio we continue to fall. With the influx of more investors searching an inflation hedge and gold getting very expensive, silver will get more attention. It just feels better if you can buy almost 50 grams of silver instead of one gram of gold.
Before the quarterly results were released yesterday, we issued another buy alert to our newsletter subscribers to buy below US$ 34,00 ; price target: US$ 52,00

Do you want to be the first to know next time? Subscribe to our free newsletter now!

Press Release from Silver Wheaton:

VANCOUVER, Nov. 8 /CNW/ – Silver Wheaton Corp. (“Silver Wheaton” or the “Company”) (TSX, NYSE:SLW) is pleased to announce its unaudited results for the third quarter ended September 30, 2010.

THIRD QUARTER HIGHLIGHTS
————————————————————————-
– Net earnings more than doubled to a record US$69.2 million (US$0.20
per share), compared with US$33.6 million (US$0.11 per share) in
2009.

– Operating cash flows increased 55% to US$70.5 million (US$0.20 per
share)(1), compared with US$45.4 million (US$0.14 per share)(1) in
2009.

– Record attributable silver equivalent production of 5.9 million
ounces (5.5 million ounces of silver and 7,000 ounces of gold),
representing an increase of 41% over the comparable period in 2009.

– Silver equivalent sales of 4.7 million ounces (4.3 million ounces of
silver and 7,100 ounces of gold), lagging production for the quarter
due primarily to the build-up of concentrate inventory as the
Penasquito mine ramps up production, as well as timing of concentrate
shipments from the Yauliyacu and Campo Morado mines.

– As at September 30, 2010, approximately 2.2 million payable silver
equivalent ounces attributable to the Company have been produced at
the various mines and will be recognized in future sales as they are
delivered to the Company under the terms of their contracts.

– Total cash costs(1) of US$4.09 per silver equivalent ounce, compared
with US$4.08 per ounce in 2009.

– Cash operating margin(1) increased 42% compared to 2009, to a record
US$15.72 per silver equivalent ounce, while average silver prices
over the same period increased by 29%.

– Goldcorp Inc. announced that its world-class gold-silver-lead-zinc
Penasquito mine achieved commercial production during the quarter
with peak throughput rates as high as 105,000 tonnes per day. The
ramp up to full production capacity of 130,000 tonnes per day is
anticipated by early 2011. Annual production attributable to Silver
Wheaton from the mine is expected to average approximately 7 million
ounces of silver over the estimated 22 year mine life.

– Barrick Gold Corp.’s world-class gold-silver Pascua-Lama project
remains on track to enter production in the first quarter of 2013,
with detailed engineering and procurement nearing completion and
earthworks underway. Once in production, Pascua-Lama is forecast to
be one of the largest and lowest cost gold mines in the world with an
expected mine life in excess of 25 years. In its first five years of
operation, Silver Wheaton’s attributable silver production is
expected to average 9 million ounces annually.

– Goldcorp completed the sale of the San Dimas mine to Primero Mining
Corp. In conjunction with the sale, Silver Wheaton amended its silver
purchase agreement relating to the mine. The term of the silver
purchase agreement, which was set to expire in 2029, has been
extended to life of mine. During the first four years following
closing of the transaction, Primero will deliver to Silver Wheaton a
per annum amount equal to the first 3.5 million ounces of payable
silver produced at San Dimas and 50% of any excess, plus Silver
Wheaton will receive an additional 1.5 million ounces of silver per
annum to be delivered by Goldcorp. Beginning in the fifth year after
closing, Primero will deliver to the Company a per annum amount equal
to the first 6 million ounces of payable silver produced at San Dimas
and 50% of any excess. Goldcorp will continue to guarantee the
delivery by Primero of all silver produced and owing to the Company
until 2029, and a payment of US$0.50 per ounce for any shortfall
below 215 million cumulative silver ounces delivered to Silver
Wheaton by the end of 2031. Primero has provided Silver Wheaton with
a right of first refusal on any metal stream or similar transaction
it enters into.

———————-
(1) Refer to discussion on non-GAAP measures at the end of this press
release.

“Silver Wheaton had record production in the quarter, anchored by the continued successful ramp up of one of our cornerstone growth assets, Goldcorp’s world-class Penasquito mine in Mexico,” said Peter Barnes, Chief Executive Officer of Silver Wheaton. “Penasquito reached commercial production during the quarter and expects to achieve full production capacity in early 2011, in what promises to be another year of significant production growth for Silver Wheaton.”

“While quarterly sales were lower than production, due in part to the build-up of concentrate inventory as Penasquito ramps up production, as well as the timing of shipments from the Yauliyacu and Campo Morado mines, we still achieved record earnings. Increased shipments in the fourth quarter are expected to make up for the sales shortfall and we remain on track to meet production guidance of 23.5 million silver equivalent ounces in 2010, growing to approximately 40 million ounces by 2013.”

“In an environment of continued economic uncertainty, investment demand for silver remains very strong, and silver prices approached 30 year highs in the quarter. This resulted in record cash operating margins of US$15.72 per ounce, generating strong free cash flows to fund future growth.”

“Lastly, during the quarter, Goldcorp finalized the sale of its San Dimas mine to Primero Mining, an emerging mid-tier gold producer. In conjunction with this, Silver Wheaton amended its silver purchase agreement, which continues to provide Silver Wheaton with a Goldcorp guarantee, extends the agreement from a fixed term to life-of-mine and, most importantly, incentivizes Primero Mining to increase silver production at this high-quality, low-cost, mine. San Dimas remains a key asset within our portfolio and we are confident that the amended silver purchase agreement will create additional long term value for our stakeholders.”

This earnings release should be read in conjunction with Silver Wheaton’s unaudited MD&A and Financial Statements, which are available on the Company’s website at www.silverwheaton.com and have been posted on SEDAR at www.sedar.com.

A conference call will be held Tuesday, November 9, 2010, starting at 11:00 am (Eastern Time) to discuss these results. To participate in the live call use one of the following methods:

Dial toll free from Canada or the US: 1-888-231-8191
Dial from outside Canada or the US: 1-647-427-7450
Pass code: 15809030
Live audio webcast: www.silverwheaton.com

Participants should dial in five to ten minutes before the call.

The conference call will be recorded and you can listen to an archive of the call by one of the following methods:

Dial toll free from Canada or the US: 1-800-642-1687
Dial from outside Canada or the US: 1-416-849-0833
Pass code: 15809030
Archived audio webcast: www.silverwheaton.com

About Silver Wheaton

Silver Wheaton is the largest silver streaming company in the world. Forecast 2010 production, based upon its current agreements, is 22.0 million ounces of silver and 28,000 ounces of gold, for total production of 23.5 million silver equivalent ounces. By 2013, annual production is anticipated to increase significantly to approximately 40 million silver equivalent ounces. This growth is driven by the Company’s portfolio of world-class assets, including silver streams on Goldcorp’s Penasquito mine and Barrick’s Pascua-Lama project.

Today a fresh all-time high was set for gold at $1399,40 and silver hit another multi decade high at $26,95

How is our portfolio doing? In 2009 we bought:

Avino Silver and Gold Mines Ltd. up 219%

First Majestic Silver Corp. up 274%

Great Panther Silver Ltd. up 85%

Minera Andes Inc. up 176%

Silver Wheaton up 231% and in 2010 we bought:

Seabridge Gold Inc. up 6%

Rubicon Minerals up 18%

Not a bad result so far we think. What to expect? Expect lots of volatility and a continuing bull market. We think gold will hit $1400 in the beginning of next week, and silver will break trough $27,00 Before we enter 2011 we see gold going as high as $1500 – $1550 When that major psychological barrier is near we might even see more volatility than last day’s. A passage of the $1500 mark can result in so much selling pressure, that daily gains or losses could surpass $100 It might take till the summer for prices to settle near the $1400 level again.  Than we have to wait till fall again to gain much, much more. Silver gains will continue to outperform gold. If you are planning to invest in gold or silver wait till gold has surpassed the $ 1400 mark, then selling pressure will push gold back to $1320 – $1350 and the perfect buying moment has come.

TORONTO, Nov. 2 /CNW/ – Rubicon Minerals Corporation (RMX:TSX: | RBY:NYSE-AMEX) is pleased to announce that, pursuant to the recommendations in its recent NI 43 – 101 technical report filed on September 27, 2010, it has retained Geoex Limited. (“Geoex”) to prepare an initial NI 43-101 resource estimate for its F2 Gold System, part of its 100%-owned Phoenix Gold Project, located in the heart of the prolific Red Lake Gold Camp. The resource estimate is expected to be completed on or before the end of November, 2010 and will be based on 161,000 metres of diamond drilling conducted up to July 31, 2010. Accordingly, it will not include approximately 29,000 metres of drilling completed since that date (total of 190,000m drilled to date).

The initial resource estimate is expected to focus on the Company’s F2 Gold System ’9X’ target area as well as outlining an estimate of exploration target potential within the area of the F2 Gold System.

Geoex has over 40 years experience in similar gold systems including a recent NI 43-101 resource report on the Rice Lake belt assets of San Gold Resources. Geoex also has relevant experience in Red Lake and was retained by Gold Eagle Mines Ltd. in 2008 to prepare an estimate of the geological potential of the Bruce Channel gold deposit. Gold Eagle Mines Ltd. was subsequently acquired by Goldcorp Inc. in late 2008.

“Since discovering the F2 Gold System in 2008, our approach has been to aggressively explore in order to test what we believe to be a large gold mineralizing system. This initial resource will allow us to evaluate the success of that program in areas where sufficient drilling has being carried out and also to assess further gold potential of other parts of the F2 Gold System. Our underground development is advancing on schedule, and our first cross cut is in progress, guided by ongoing delineation drilling.” stated David Adamson, President and CEO.

Rubicon Minerals Corporation (“Rubicon”) is a well-funded exploration and development company, focused on exploring and developing its high-grade gold discovery at its Phoenix Gold project in Red Lake, Ontario. Rubicon controls over 65,000 acres of prime exploration ground in the prolific Red Lake gold district of Ontario which hosts Goldcorp’s high-grade, world class Red Lake Gold Mine. In addition to its Red Lake holdings, Rubicon also controls over 380,000 acres surrounding the Pogo Mine in Alaska as well as 225,000 acres in northeast Nevada.

RUBICON MINERALS CORPORATION
“David W. Adamson”
President & CEO

Source: Company website

GREAT PANTHER SILVER LIMITED (TSX: GPR; the “Company”) is pleased to announce that the first surface drill hole at the San Ignacio Mine property, Guanajuato has been successful in intersecting several new zones of silver-gold mineralization. Three well-mineralized intervals were intersected, including the Melladito and Nombre de Dios veins, as well as a deeper, and previously unknown, footwall stockwork zone. The most westerly vein system, the Plateros vein, which hosted the former San Ignacio Mine operation, will be drilled further on in the drill program.

Surface drill hole ESI10-01, drilled at -45°, intersected three zones of economic significance, none of which have been previously developed. The Melladito vein returned 11.45 metres grading 1.18g/t gold and 131g/t silver, including 3.70 metres grading 1.98g/t gold and 203g/t silver; the Nombre de Dios vein returned 3.15 metres grading 2.15g/t gold and 157g/t silver; and a previously unknown footwall stockwork assayed 3.76g/t gold and 11g/t silver over 2.00 metres. In addition, two other zones of mineralization were intersected that, while returning lower grades in this hole, could be of greater significance along strike or down-dip. A plan map showing the location of Great Panther’s first San Ignacio drill-hole, and an interpretative cross section, are posted on the Company web-site at www.greatpanther.com.

“We are extremely pleased to have such early, positive indications of the potential of the vein systems on the San Ignacio Mine property”, stated Robert Archer, Great Panther’s President & CEO. “Considering the easy trucking distance to our plant in the City of Guanajuato, the ability to quickly define and develop any new zones at San Ignacio will be an important factor in achieving our stated production targets and resource growth.”

Highlights of Drill Hole ESI10-01

The San Ignacio Mine property covers approximately 4 kilometres of strike length on the La Luz vein system, which is parallel to, and 5 kilometres west of, the principal Veta Madre structure that hosts the main Guanajuato mines (see map on website at http://www.greatpanther.com/i/pdf/SanIgnacio-LocationMap-Sep10.pdf). The La Luz district marks the site of the first discovery of silver in the area, in the year 1548, which led to the discovery of the Veta Madre silver-gold deposits in 1550. It comprises a swarm of generally north-northwest striking, west dipping quartz veins and breccias with associated low sulphidation silver-gold mineralization, along an approximate 8 kilometre long trend.

The initial 2,000 metre core drilling program at San Ignacio will comprise four sections across the three main structures and test them from 100 to 300 metres below surface. Additional drilling will then be proposed for 2011 based upon the results of this first phase, which is expected to be completed this quarter. As each phase of drilling is completed, results will be used to add to Great Panther’s resource base for the Guanajuato Mine.

Due to the early success of the surface drill program, power is being restored to the original San Ignacio Mine area and the shaft and old workings will be pumped out and rehabilitated while further exploration progresses. Surface drilling and underground mapping will continue and, once sufficient geological data has been assembled to facilitate a mine plan, development will commence in preparation for mine production. All necessary preparations are being initiated, including regulatory permitting, in advance of a development / production decision.

Robert F. Brown, P. Eng. and Vice President of Exploration for the Company is the Qualified Person for the Guanajuato Mine, under the meaning of NI 43-101. A full QA/QC program is being followed including the regular insertion of splits, blanks, and standards into the core sampling sequence. Analysis of the drill core samples will be conducted at the Guanajuato Mine on-site laboratory, independently operated by SGS.

For further information, please visit the Company’s website at www.greatpanther.com, contact B&D Capital at telephone 604 685 6465, fax 604 899 4303 or e-mail info@greatpanther.com.

ON BEHALF OF THE BOARD

“Robert A. Archer”

Robert A. Archer, President & CEO

Source: Company website