Month: June 2011

Bacanora Announces Appointment of New Director, New Corporate Secretary, Option Grant

CALGARY, ALBERTA–(Marketwire – June 29, 2011) – BACANORA MINERALS LTD. (TSX VENTURE:BCN) (the “Corporation” or “Bacanora”) is pleased to announce the appointment of Mr. James Leahy of London, England, as a director of the Corporation. Mr. Leahy will fill the vacancy on the board created by the resignation of Mr. George Jones, a founding shareholder and director of the Corporation. The board of directors wishes to express its utmost thanks and gratitude to Mr. Jones for his years of faithful service during the formative years of the Corporation and to wish him most sincere best wishes in his future endeavours. Although he will no longer serve as a director of the Corporation, Mr. Jones will continue on with the Corporation in a consulting capacity in respect of general corporate structuring and tax matters.

Golden Tag Appoints New Director

MONTREAL, QUEBEC, Jun 29, 2011 (MARKETWIRE via COMTEX) — Golden Tag Resources Ltd. (the “Company”) is pleased to announce the appointment of Mr Luis Felipe Medina as a director of the Company. Mr Medina is the Vice-President, Mexico for Agnico-Eagle Mines Limited (“Agnico-Eagle”). He has worked with Agnico-Eagle in Mexico since 2007 as General Manager of the Pinos Altos mining project and as the Regional Director of Agnico-Eagle Mexico. Mr Medina has more than 16 years of experience in the gold mining industry in Mexico and has participated in the permitting and development efforts at several successful mines in the country. From 1995 to 2007, Mr Medina was involved in the exploration, construction, and operations of “La Colorada” and “La Trinidad” Mines of Eldorado Gold, Cerro de San Pedro Project, operated by Cambior Inc. (then acquired by Glamis Gold), and the El Sauzal and Penasquito projects of Glamis Gold. He is a graduate from the University of CESUES in Sonora, Mexico with a degree in Environmental Engineering and a graduate of Harvard Business School General Management program. Mr. Medina is Vice President of Administration for the Mexican Mining Engineers, Metallurgists and Geologists Association and is a member of the Board of the Mexican Mining Chamber.

Galore Announces $1,000,000 Financing

VANCOUVER, BRITISH COLUMBIA, Jun 29, 2011 (MARKETWIRE via COMTEX) — Galore Resources Inc. announces a non-brokered private placement of up to 6.7 Million units at a price of $0.15 per unit with an overallotment option of an additional 15% or 1,000,000 units. Each unit (a “Unit”) will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of $0.20 per share for a period of two years from the date of closing of the financing.

Soltoro Grants Options

TORONTO, ONTARIO–(Marketwire – June 29, 2011) -Soltoro Ltd. (TSX VENTURE:SOL) reports that on June 28, 2011, subject to regulatory approval, it has granted incentive stock options to directors, officers and consultants to the Company. A total of 600,000 options were issued exercisable at a price of $0.82 per share for a period of three years. All options granted are subject to vesting under the Company’s stock option plan.

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.

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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.