Month: May 2012

IMPACT Silver Announces First Quarter 2012 Financial and Production Results

IMPACT Silver Corp. reports financial and production results for the first quarter 2012, ended March 31. The first quarter results were lower compared to the same period in 2011 due to unfavorable foreign exchange fluctuations relative to the Canadian and U.S. dollars and the Mexican peso, and the decreasing silver grades at depth in the Chivo Mine, which is currently being addressed by accelerating plans to bring the high-grade Oscar Mine into production before year-end.

Aura Silver Raising Up to $500,000 in Private Placement Financing

Aura Silver Resources Inc. announces that it intends to raise up to a maximum of $500,000 by way of a non-brokered private placement of units. Each unit will consist of one common share and one common share purchase warrant. Each Unit will be offered at a price of $0.05 per Unit. Each Unit will contain a whole warrant to be exercisable for a period of two years from the closing of the offering at $0.10 per common share. This offering of Units would give rise to the issuance of a maximum of 10,000,000 Units.

Excellon Announces La Platosa, Drill Holes Continue to Encounter Source Environment Indicators and Reports Assays from DeSantis, Timmins, Ontario

Hole LP1008 drilled at Rincon del Caido near previously disclosed hole LP986 and testing the same stratigraphy has encountered two mineralized zones separated by 100 metres within the same marble unit. The upper zone assayed 332 g/t (9.7 oz/T) Ag, 11.40% Pb, 9.74% Zn over 1.91 m. A narrow felsic dyke, another indication of a Source environment was found between the two intersections;

Bell Copper Announces Proposed Share Consolidation

Bell Copper Corporation announces that a consolidation of its common shares will be proposed to its shareholders at the upcoming annual and special meeting of shareholders scheduled to be held on June 26, 2012.

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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.