Month: April 2012

Quaterra and Goldcorp Extend Investment Framework Agreement in Central Mexico

Quaterra Resources Inc. today announced it has concluded an Amended and Restated Investment Agreement with Goldcorp Inc. The agreement is an amendment and restatement of the Investment Framework Agreement dated January 29, 2010, the terms of which were outlined in the Company’s news release dated February 10, 2010.

Orko Silver Regains 100% Ownership of La Preciosa

Orko Silver Corp. Orko Silver Corp. announces today that Pan American Silver Corp. has provided notice to Orko that it has decided not to deliver a feasibility study before April 13, 2012 for the La Preciosa project as required under the terms of the joint venture agreement between Orko and Pan American. As a result, Pan American is relinquishing its right to earn a 55% interest in the La Preciosa project and Orko will retain 100% of the project.

Dia Bras expands El Gallo deposit on its Bolivar property

Dia Bras Exploration Inc. is pleased to announce that its drilling programme for resource expansion at the El Gallo mine of the Bolivar project has expanded the boundaries of the current resource. In addition, drilling at El Salto has shown that the Upper and Lower Skarns extend to this area, which is 600 m east of the current mining area.

Argentum Announces 100% Warrant Exercise for Gross Proceeds of $1,785,340

Argentum Silver Corp. is pleased to announce that all 11,902,270 warrants issued on February 15, 2011 at an exercise price of $0.15 were exercised prior to the March 31, 2012 extended deadline (see our news release dated January 23, 2012) for total gross proceeds of $1,785,340.50. In addition, a further 626,773 broker’s warrants were exercised prior to the February 15, 2012 expiry for additional gross proceeds of $94,016.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.