Auracle Resources Ltd

Type: Company

Name: Auracle Resources Ltd

First reported May 09 2013 - Updated May 09 2013 - 1 reports

Toronto stock exchange

Elgin Mining Announces First Quarter 2013 Conference Call and Webcast Details

) - Elgin Mining Inc. (TSX:ELG)(TSX:ELG.WT) ("Elgin Mining" or the "Company") announces that the Company will release its first quarter 2013 financial and operational results after the close of business on Monday, May 13, 2013. A conference call and presentation/audio ... [Published Market Wire - May 09 2013]

Entities: Auracle Resources Ltd, North Arrow Minerals Inc, Toronto stock exchange, Toronto, Canada

First reported Apr 29 2013 - Updated Apr 30 2013 - 2 reports

Elgin Mining Announces Cost Cutting Measures and Revised Capital..

Elgin Mining Inc. ("Elgin Mining" or the "Company") (TSX:ELG)(TSX:ELG.WT) announces that the Company has taken and will continue to undertake the following steps in order to effectively manage the Company's treasury in light of the current market turbulence ... [Published ADVFN Australia - Apr 29 2013]

Entities: Mining, Patrick Downey, Auracle Resources Ltd, North Arrow Minerals Inc

Quotes

...elginmining.com or on SEDAR at www.sedar.com. Patrick Downey, President and CEO, stated "Gold production was slightly behind plan for the first quarter with a corresponding increase in per ounce cash cost as the Company continues to work on several initiatives to improve the average ore grade mined. We are confident that the effects of these initiatives, along with the Company's transition to owner-operated mining in the underground area scheduled for the third quarter of this year, will take holdhold over the next several quarters. We had expected the first quarter to be the most challenging quarter for the year due to known events, such as the changeover to the new open pit contractor, and possible negative variances from trial testing new mining procedures, particularly in the openopen pit. Already to date for the second quarter, grade and mill throughput have increased, with the mine operating at or ahead of plan in the areas of gold production and per ounce cash cost."

Elgin Mining Reports First Quarter 2013 Results Marketwired [Published Yahoo! Finance - May 13 2013]

Commenting on the above, Patrick Downey, President and Chief Executive Officer, stated: "We believe that the Company has taken prudent steps to reduce capital and operating expenditures in an expeditious manner in this uncertain and challenging gold price environment. We have taken measures to preserve our treasury and ensure that the Company remains on a strong financial footing."

Elgin Mining Announces Cost Cutting Measures and Revised Capital Allocation Plan [Published Wolverton Securities - Apr 29 2013]