Santa Fe Gold Corp.

Santa Fe Gold today provided an update on the development status of its Ortiz gold project in north-central New Mexico. The Company reports that development is proceeding on two fronts, including technical work related to feasibility assessment, and environmental data collection in preparation for permit application. In November 2012 Santa Fe confirmed a JORC Compliant Measured and Indicated Resource on the Carache and [...]

Santa Fe Gold today announced it has amended the Mogollon option agreement with Columbus Exploration Corporation under which Santa Fe may earn 100% interest in the Mogollon Project, Catron County, New Mexico. The Mogollon Project encompasses most of the Mogollon district in southwest New Mexico, which has substantial recorded historical production of silver and gold. The project fits Santa Fe’s strategic objective of [...]

Santa Fe Gold announced today that its Annual Stockholder Meeting is scheduled to be held at 10:00 a.m. Mountain Time on Tuesday, August 6, 2013, at the Albuquerque Marriott Hotel located at 2101 Louisiana Blvd NE, Albuquerque, NM 87110. Santa Fe Gold Corporation is a gold and silver producer with operations in New Mexico. Its Summit mine achieved commercial production in 2012. Summit produces high value gold-silver [...]

Santa Fe Gold today announced it will receive an additional A$2.0 million from International Goldfields Limited (ASX: IGS), by way of a secured convertible note, increasing IGS’ investment in Santa Fe to A$6.0 million. The funds will be used for working capital in support of improvement to mining operations. In conjunction with the IGS financing, Santa Fe is exploring a listing on the Singapore Catalist Stock Exchange [...]

Santa Fe Gold is pleased to announce the financial results for the three and nine months ended March 31, 2013. Santa Fe reported record revenues of $13.3 million for the nine months ended March 31, representing a 94% increase over the same period of the prior fiscal year. The Company’s earnings from mining operations also grew over the period to $3.6 million, a 23% increase over the comparable nine month period in 2012 [...]

Santa Fe Gold today announced the signing of a definitive merger agreement with International Goldfields. The merger has been approved by the boards of directors of both companies and consummation is targeted for the second quarter of 2013, subject to satisfaction of closing conditions and approval by Santa Fe’s shareholders. The Merger Agreement provides that the IGS Common Shares shall be delivered to the holders of [...]

Santa Fe Gold is pleased to announce financial results for the three and six months ended December 31, 2012. Revenues were $4.4 million for the three months ended December 31, 2012, representing a 127% increase over the same period of the prior year. Earnings from mining operations increased to $1.1 million for the three month period, a 90% increase over the same period a year ago. Revenues for the six months ended [...]

Santa Fe Gold is pleased to announce it has contracted with LS Nikko to sell a minimum of 360 metric tons of high-value gold-silver concentrates for delivery during 2013. At recent precious metals prices, the contract is valued at approximately $12 million. The concentrates will be shipped to LS Nikko’s Onsan Smelter in Korea. The Company will be paid for the contained gold and silver less customary charges. Santa Fe’s [...]

Santa Fe Gold Corporation today provided an update on the status of the merger with International Goldfields Ltd (IGS: ASX) and on Santa Fe2s precious metals projects located in New Mexico, including the Summit Mine, the Lordsburg Exploration Project, the Mogollon Gold-Silver Project and the Ortiz Gold Project.

Santa Fe Gold today announced that gold and silver values up to 7.73 ounces per ton gold and 269.75 ounces per ton silver (9,248.6 grams/tonne Ag) have been encountered over minable widths at the company′s Summit mine. These assays represent the highest grade mineralized values found in the mine to date. Although these unusually high values probably are localized, they occur near the northern edge of the currently identified resource and ongoing work shows potential for extending the minable resource along strike to the northwest. [...]