Month: April 2012

Catalyst Copper 2012 Drilling

Catalyst Copper Corp. is pleased to announce results from the first five (5) diamond drill holes from its 2012 program at the La Verde copper porphyry project in Michoacán state, Mexico.

Caza Gold Appoints Marco Montecinos as Vice President of Exploration

Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that Mr. Marco Montecinos has been appointed Vice President of Exploration, effective immediately. Mr. Montecinos has been managing the Company’s Nicaragua exploration program for the past year and will continue to focus his efforts on building and exploring our portfolio of highly prospective properties in Nicaragua and Mexico.

Frisco reporta mayor utilidad

La minera de Carlos Slim tuvo un beneficio de 701.3 mdp en el primer trimestre del año; el alza se debe a mayores ventas y un aumento en el precio de los metales.

The Aura Silver / Intrepid Joint Venture Expands Ownership Position of Taviche Properties with New Panamerican Silver Agreement

Aura Silver Resources Inc. is pleased to announce that the Aura Silver / Intrepid Mines Ltd. joint venture and Pan American Silver Corp. have entered into a new agreement which supersedes the prior option agreement with respect to the East Taviche, West Taviche and Alma Delia concessions comprising the Taviche project in Oaxaca, Mexico. Under the terms of the new agreement the Taviche JV acquires a full 100% ownership interest in both the East Taviche and Alma Delia concessions while Pan Am retains a 100% ownership position in the West Taviche concession. The Taviche JV will be entitled to receive a cash payment of US $2.0 million, dependent on certain sale or disposition transactions undertaken by Pan Am in excess of a 70% interest with respect to the West Taviche property. Pan Am has also refunded the final earn-in payment of US $250,000 paid in September 2011. Additionally, the Taviche JV has granted Pan Am a 1.5% net smelter royalty (“NSR”) as well as a right of first offer (“ROFO”) on all of the East Taviche and Alma Delia concessions based on certain terms and conditions.

Dia Bras reports 2011 financial results

Dia Bras Exploration Inc. is pleased to announce the filing of its audited Financial Statements and Management Discussion and Analysis for 2011. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.diabras.com or SEDAR at www.sedar.com .

NWM and BioteQ Settle Lawsuit

Under the terms of the settlement, NWM will pay BioteQ Environmental Technologies Inc. $1.3 million in cash over two years; BioteQ will retain ownership of the treatment plant and will demobilize it from NWM’s site. The initial $200,000 payment by NWM has been made. A second payment of $400,000 is due April 30, 2013. The final $700,000 is due April 30, 2014. In the event that NWM sells or transfers all, or substantially all, of its assets, the payments become due immediately and payable upon demand by BioteQ.

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