Month: May 2011

Arian Silver’s MD&A and Results for the Three Months Ended 31 March 2011

London, England, Arian Silver Corporation (“Arian” or the “Company”) (TSXV: AGQ) (AIM: AGQ) (FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis (“MD&A”) and unaudited Financial Statements (“Financials”) for the three months ended 31 March 2011.

Orko Silver Corp – President’s Update

VANCOUVER, British Columbia – Orko Silver Corp. (TSX.V — OK) is pleased to announce that excellent progress is being made in the technical studies to advance the “La Preciosa” Project in Durango, Mexico, toward feasibility. The proposed Preliminary Economic Assessment (the “PEA”) has been delayed on a number of occasions. The reasons for the delays are purely logistical/technical in nature, and have no bearing on the viability of the La Preciosa Project.

Redzone Resources Ltd.: Resignation of Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 26, 2011) – Redzone Resources Ltd. (the “Company”) (TSX:REZ) reports that Ms. Pauline Pasetka has tendered her resignation as Chief Financial Officer, effective July 31, 2011, to pursue other interests. As of August 1, 2011, the Chief Financial Officer role will be assumed by Ms. Rebecca Moriarty.

Zaruma Resources Announces Additional Bridge Financing

TORONTO, May 26, 2011 /CNW/ – Zaruma Resources Inc., (TSXV:ZMR.H), (the “Company” or “Zaruma”) announced that it has received conditional approval from the TSX Venture Exchange to raise up to C$250,000 in a Private Placement of up to 3,703,704 million units comprising one common share and one warrant entitling the holder to acquire an additional common share of the Company for C$0.135 for a period of one year from the date of subscription. The units are priced at C$0.0675 with the proceeds to be used for the Company’s cash requirements leading up to the release from escrow of the previously announced equity and debt financing to complete the Luz del Cobre Copper Project.

Almaden Minerals Down Nearly 5% after Drilling Update

Almaden Minerals Ltd. (AMM.TO) is down nearly 5% at $3.59 after announcing results from holes TU-11-21 through 26 and TU-11-28 drilled on the Ixtaca zone and hole CA-11-01 the first hole drilled on the Caleva Zone which is located about 250 meters north from the Ixtaca zone, of its 100% owned Tuligtic property.

Silver Shield Corporate Update

With the volatility of the precious metal markets, especially in Silver, the junior securities market has been very weak in the past short while. With falling metal prices and falling stock prices the investment market is a bit uncertain and tentative at present. Silver Shield continues to progress its properties with the overall goal of production remaining paramount and unwavering. We are pleased to provide the investment community with an update on our efforts.

Orex Engages Sigorex as New Investor Relations Consultant

Vancouver, B.C. – Orex Minerals Inc. – (REX: TSX-V) (“Orex” ) is pleased to announce that it has engaged Sigorex Management GmbH (“Sigorex”) to provide investor relations services to Orex pursuant to a consulting agreement dated May 24, 2011 (the “Agreement”).

Oroco Initiates Related Party Transaction

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 19, 2011) – Oroco Resource Corp. (TSX VENTURE:OCO) (“Oroco” or “the Company”) announces that it has entered into a loan agreement with ATM Mining Corp. (“ATM”), a related party to the Company, in consideration for which ATM has granted the Company exclusive rights to complete a potential transaction with ATM (the “Transaction”). The loan, in the amount of $255,000, bears interest at the rate of prime plus 1%, and is secured by a pledge of security comprised of a promissory note payable on demand with 30 days notice and a pledge of 1,200,000 common shares of the Company held by ATM and an affiliate.

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.

All News

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.