Day: May 18, 2011

Vista Gold Corp. Announces Appointment of Interim Chief Financial Officer

DENVER, May 18, 2011 /PRNewswire/ — Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) announces the appointment of Ms. Terri Eggert as Interim Chief Financial Officer of Vista, effective immediately. Ms. Eggert replaces our former Chief Financial Officer, Mr. Greg Marlier, who is no longer with the Corporation.

Bacanora Announces Completion of Financing for $7,056,880 in Gross Proceeds

CALGARY, ALBERTA–(Marketwire – May 18, 2011) -BACANORA MINERALS LTD. (TSX VENTURE:BCN) (the “Corporation” or “Bacanora”) is pleased to announce the completion of its recently announced private placement financing, pursuant to which it has issued an aggregate of 14,113,760 units of the Corporation at a price of $0.50 per unit for aggregate gross proceeds of $7,056,880. Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at a price of $0.80 for a period of eighteen (18) months.

Goldgroup Hires General Manager for Caballo Blanco and Other Key Personnel

Goldgroup Mining Inc. is pleased to announce that it has hired Mr. Rick Irvine, P.Eng, as the General Manager of the Caballo Blanco gold project in Veracruz, Mexico. The Company also announces that it has promoted Francisco Escandon, Geol. Eng. MMSA, from his former position as Director of Operations of Caballo Blanco to Technical Director of Goldgroup and hired the following: Dustin VanDoorselaere as Projects Manager, Dr. Roger Newell as a Consulting Geologist in charge of Northern Mexico exploration (all of whom will report to Keith Piggott, President and CEO) and Brigitte McArthur as Corporate Secretary. These appointments are consistent with the Company’s growth strategy of increasing its gold production significantly in Mexico over the next three years.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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.