Month: March 2012

Mexico: Blood for Silver, Blood for Gold

The ongoing, violent conflict around the Fortuna Silver’s Trinidad/Cuzcatlán Mine in SanJosé del Progreso, Oaxaca, Mexico

“One thing is clear: this was a political hit. Bernardo was murdered because he dared to speak out.” (Dawn Paley)

GoGold Resources Inc. announces proposed acquisition of Absolute Gold Holdings Inc.

HALIFAX, March 30, 2012 /CNW/ – GoGold Resources Inc. (TSXV: GGD) (“GoGold”) is pleased to announce that it has entered into a letter agreement with Absolute Gold Holdings Incorporated (“Absolute”) effective March 30, 2012, relating to a transaction pursuant to which GoGold would acquire all of the issued and outstanding common shares of Absolute in exchange for the issuance of 0.81 of a common share of GoGold by way of a share exchange, merger, amalgamation, arrangement, share purchase or other similar form of transaction (the “Transaction”). Upon completion of the Transaction GoGold will continue to operate under the name “GoGold Resources Inc.” (the “Resulting Issuer”).

Riverside Resources and Partner Sierra Madre Expand Gold Potential in Western Extension at the El Capitan Gold Zone; 2,500m Next Phase Drill Testing Set to Commence

Riverside Resources Inc. and its partner, Sierra Madre Developments are pleased to announce positive assay results including greater than 1 g/t gold in soils from a detailed soil sampling program designed to assess potential western extensions of the El Capitan oxide gold zone at the Penoles Project in Durango, Mexico.

Excellon Reports 2011 Year End Results

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide this summary of its financial and operating results for 2011. A copy of the Company’s consolidated financial statements for the year ended December 31, 2011, along with Management’s Discussion and Analysis in respect thereof has been filed on SEDAR and is also available on the Company’s website at . All figures unless otherwise noted are in US$.

Goldgroup Announces Financial Results for the Year Ended December 31, 2011

Goldgroup Mining Inc. has filed its audited financial results for the year ended December 31, 2011. The consolidated financial statements along with management’s discussion and analysis are available on SEDAR at and on the Company’s website at All currency references are in United States dollars, unless otherwise noted.

Elgin Mining Releases Full Year 2011 Financial Results

VANCOUVER, BRITISH COLUMBIA, Mar 29, 2012 (MARKETWIRE via COMTEX) — Elgin Mining Inc. (“Elgin Mining” or the “Company”) reported today the release of its financial results for the year ended December 31, 2011 along with an update on the Company’s project development activities. The Company’s consolidated financial statements for the years ended December 31, 2011 and 2010 and notes thereto, along with its Management’s Discussion and Analysis are available at and . Unless otherwise noted, all financial information is expressed in U.S. dollars.

We are world leaders in testing, inspection and certification services. We are present in all sectors of the economy with solutions and services that enhance the business, avoiding risks, improving operational performance and protecting the reputation and brand of our clients.

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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.