Month: March 2011

Quaterra Grants Stock Options

Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE Amex:QMM) today announced that pursuant to the Company’s stock option plan, option agreements were entered into with officers, employees and consultants granting the right to purchase an aggregate of 355,000 shares at an exercise price of $1.60 per share for a five year period. Each option will vest in three, six and twelve month periods with all options having fully vested no later than May 24, 2012.

First Majestic files Form 40-F Annual Report

First Majestic Silver Corp. (“First Majestic” or the “Company”) (TSX – FR, NYSE – AG) announces that its 2010 audited financial statements have been filed on SEDAR. In addition, a Form 40-F report has been filed with the United States Securities and Exchange Commission and is available on EDGAR. Both documents are also available on the Company’s website at www.firstmajestic.com.

Mag Silver Reports 2010 Annual Results

Vancouver, B.C. MAG Silver Corp. (TSX: MAG; NYSE-A: MVG) (“MAG” or the “Company”) announces the Company’s audited financial results for the year ended December 31, 2010. For complete details of the Annual Financial Statements for the year ended December 31, 2010 and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in Canadian dollars unless otherwise specified.

Torex Announces Adoption of Shareholder Rights Plan

Torex Gold Resources Inc. announced that it has entered into a shareholder rights plan agreement to ensure, to the extent possible, that all shareholders of Torex are treated fairly in connection with any take-over bid for Torex. The rights plan was not adopted in response to any specific proposal or intention to acquire control of Torex. The rights plan has been approved by the Toronto Stock Exchange and is conditional upon shareholders ratification at the annual and special meeting of shareholders of Torex, scheduled to be held on April 27, 2011.

Pan American Lithium Corp. CEO in cdtv.net Interview

TUCSON, Ariz., March 30, 2011 (GLOBE NEWSWIRE) — Pan American Lithium Corp. (TSX-V:PL) (OTCQB:PALTF) (“Pan American” or the “Company”), www.panamericanlithium.com, today announces its President, Andrew Brodkey, recently conducted an executive interview with cdtv.net where he discussed how Pan American is operating its business to take advantage of the opportunities it sees in the world-wide lithium marketplace.

ArcelorMittal Too Heavy to be Affected by Shift to Lighter Automobiles

ArcelorMittal ( MT ) is the largest producer of steel in the world, and not by any small margin. Still, the growing focus on lighter metals in the automobile manufacturing process could be a possible source of concern for the company. ArcelorMittal, formed in 2006 by the merger of two steel giants (Arcelor and Mittal), competes with other international steel companies like BaoSteel, Posco ( PKX ), Nippon Steel and ThyssenKrupp.

Amato Hires Investor Relations Consultant

VANCOUVER, BC, March 29th, 2011 /CNW/ – Amato Exploration Ltd. (the “Company” or “Amato”) (TSX-V:AMT), (http://www.amatoexploration.com), today announced that it has engaged Jose M. Perez to provide Investor Relations and Corporate Communication services to the Company.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.