Stroud Resources Ltd. (SDR.V), which eased 1 cent yesterday to edge back towards a year low of 6 cents, announced the latest results from its drill program at the Santo Domingo project in central Mexico. It said drill results continue to be “very encouraging”, with DDH #42 intersecting the “up dip” extension of the mineralization encountered in DDH #11. The distance between the two mineralized intersections is approximately 175 metres.
VANCOUVER, BRITISH COLUMBIA, Dec 02, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Company”) (tsx venture:GEX)(frankfurt:2GU.F) announces the common shares of the Company have been listed on the Frankfurt Stock Exchange and are now trading under the symbol (2GU.F). Guerrero anticipates the listing will facilitate and grow the Company’s brand name throughout the European community.
Vancouver, British Columbia — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) today announced that it has received commitments from various investors for the sale of 15,050,000 shares of common stock at a price of $US 0.50 per share, resulting in gross proceeds of $US 7,525,000 including the sale of 10,000,000 shares for gross proceeds of $US 5,000,000 to Coeur d’Alene Mines Corporation (NYSE: CDE, TSX: CDM) (“Coeur d’Alene”) and 1,055,000 shares to Silver Bull management and directors for gross proceeds of $US 527,500.
Geologix Explorations Inc. (TSX: GIX) is pleased to announce the completion of an airborne geophysical survey over the entire Tepal project area. A total of 1,551 line kilometres were flown, at flight line spacings of 150 metres, over the entire 172 square kilometre Tepal project mineral concessions (1,421 line kilometre). A more detailed survey over the 19 square kilometre (130 line kilometres) core resource area was flown at 75 metre spacings.
Azure Minerals (ASX: AZS) has elected to withdraw from the acquisition of the San Francisco Manganese Project to focus on advancing its Promontorio Copper Project in Mexico.
Timmins Gold Corp. announces that improvements have been realized in gold recoveries for the months of October and November, 2011. Gold placed on the heap leach pads for October was 11,966 ounces (464,007 tonnes at a grade of 0.802 grams per tonne) and 6,618 ounces were extracted from the leach pads. Gold placed on the heap leach pads for November was 9,972 ounces (413,165 tonnes at a grade of 0.751 grams per tonne) and 6,990 ounces were extracted from the leach pads.
Dec 01, 2011 (ACCESSWIRE-TNW via COMTEX) — Minaurum Gold Inc. (“Minaurum”) is pleased to announce that it has appointed Sunny Pannu to the position of Investor Relations Manager to provide investor and broker liaison and to increase awareness of Minaurum within the investment community. In the last four years Mr. Pannu has twice been shortlisted as a top 3 finalist for “Best IR by a TSX Venture-listed company” by the Investor Relations Magazine Canada Awards.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Dec. 1, 2011) – El Tigre Silver Corp. (the “Company” or “El Tigre”) (TSX VENTURE:ELS)(OTCQX:EGRTF)(FRANKFURT:5RT) is pleased to announce it has retained the Florida-based firm of Michael Baybak and Company, Inc. (“MBC”) to conduct institutionally-oriented investor relations programs on behalf of the Company. Headed by Mr. Michael Baybak, MBC is a long-term institutional and media investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences.
Mercator Minerals Ltd., an operator of an Arizona mine, may wait for copper prices to rise before securing financing to build its El Pilar project.
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.
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.
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