Month: February 2012

Kootenay Announces Name Change to Kootenay Silver Inc.

Kootenay Gold Inc. is pleased to announce that the Company has completed all necessary application processes and obtained regulatory approval to change its name to “Kootenay Silver Inc.” from “Kootenay Gold Inc.”. The Company’s shares will trade on the TSX Venture Exchange under the new name at market open on Tuesday, February 21, 2012. The trading symbol of the Company will remain as “KTN”.

Defiance Silver Corp. Stakes 24,500 Ha Claim Over Historic Minerva Mining District

Defiance Silver Corp is pleased to announce the acquisition by staking of the 24,500 hectare blanket claim covering the historic Minerva Mining District in northern Coahuila State, Mexico. The Minerva Mining District is located 5 km west of the La Encantada Silver mine owned by First Majestic Silver Corp. which is projected to produce over 4 million oz of silver in 2012.

Evrim Starts Exploration in the Trans Mexican Volcanic Belt

Evrim Resources Corp. is pleased to announce the commencement of exploration work in the Trans Mexican Volcanic Belt in Mexico. The program is being jointly operated and funded by Evrim and regional exploration partner Newmont Ventures Limited.

Camino Signs Letter Of Intent For El Secreto Gold, Silver And Copper Project

Camino Minerals Corporation is pleased to announce that it has signed a Letter of Intent with Arcelia Gold Corp. that sets out the terms upon which the Company can acquire from Arcelia the sole and exclusive right and option to acquire up to an 80% interest in the El Secreto Gold, Silver and Copper project located in Sinaloa State, Mexico.

Aurcana Increases Ownership of La Negra Mine to 99.86%

Aurcana Corporation is pleased to report it has increased its ownership in Real de Maconi S.A. de C.V. from 92% to 99.86% as a result of a recent capital restructure of Real de Maconi. Real Maconi holds a 99.99% interest (one share representing a .00002% interest is held by a third party) in Minera La Negra S.A. de C.V. which has a 100% interest in the La Negra Mine.

Canasil $675,000 Non-brokered Private Placement Fully Subscribed

Vancouver, February 17, 2012 – Canasil Resources Inc. (Canasil, TSX-V: CLZ) announces that the previously announced non-brokered private placement of 3,000,000 units at $0.225 for a total of $675,000 is fully subscribed and the Company is processing documentation for immediate closing of the placement.

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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.