Day: January 12, 2012

Minaurum Outlines Drill Targets at Vuelcos Del Destino in the Guerrero Gold Belt

Minaurum Gold Inc. is pleased to announce that it has outlined multiple coincident geological, geochemical, and geophysical targets at its 8,831-hectare Vuelcos del Destino project in southern Mexico. The Vuelco’s project lies 20km from Goldcorp’s 9Moz Los Filos Gold Mine within the 15M oz Guerrero Gold Belt. The property was acquired from geologist David M. Jones, who is credited with the discovery of the Los Filos deposit. Drill permitting is underway.

Highvista Gold Inc. Reports on 2011 Drill Program at its Canasta Dorada Gold Project

Highvista Gold Inc. is pleased to report on the results of its 2011 drill program at its 100% owned Canasta Dorada Gold Project, located within the Sonoran Gold Belt, in Sonora State, Mexico. This phase of drilling included fourteen reverse circulation drill holes totaling 2,055 meters. Drilling was focused on three priority targets; Big Pit, La Republicana, and Las Quintas. Drilling commenced in early October and was completed in late November.

Coeur Names Stefany Bales Director of Corporate Communications

Coeur d’Alene Mines Corporation is pleased to announce the addition of Stefany Bales to its Environment, Health, Safety and Social Responsibility team as Director of Corporate Communications. Ms. Bales will serve as Coeur’s primary spokeswoman and will be responsible for developing and managing all corporate communication efforts in the U.S. and internationally. Bales joins the Coeur team at the Company’s corporate headquarters in Coeur d’Alene, Idaho.

Goldgroup Announces Additional Positive Drill Results

Goldgroup Mining Inc. is pleased to announce that additional drill holes at the Company’s 100%-owned Caballo Blanco gold project in Veracruz, Mexico have yielded significant gold intercepts, expanding the La Paila oxide gold zone to the southwest. All ten drill holes reported below are part of the ongoing diamond drilling program to define the La Paila Zone at Caballo Blanco. Of the ten drill holes reported below, eight of these drill holes were used to expand the southwestern flank of the La Paila Zone, as the zone currently remains open in this direction.

Aurcana Reports: Record Silver Production at La Negra.

Aurcana Corporation is pleased to report silver production for Q4 2011 of 265,230 ounces, the largest quarter for silver production in Aurcana history, compared to 251,020 in Q4 2010. Silver production for 2011 increased 20.1% to 1,007,256 ounces compared to 838,077 ounces in 2010. Silver Equivalent increased 28.3% to 1,737,203 for 2011, compared to 1,354,315 in 2010.

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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.