Day: July 6, 2012

Santa Fe Gold Announces Unit Offering to Existing Stockholders

Santa Fe Gold Corporation today announced that it is offering up to 12,500,000 units for sale to existing stockholders, with each unit consisting of one share of common stock and a warrant to purchase an additional share of common stock. Each unit will be offered for sale at a price of $0.40. Each warrant has an exercise price of $0.60 per share of common stock, and is exercisable for a period of three years commencing immediately. The shares of common stock and the warrants will be issued separately but will be purchased together in the offering.

SilverCrest’s Santa Elena Mine Expansion Continues on Schedule

SilverCrest Mines Inc. is pleased to announce an update on activities for the Santa Elena Mine Expansion Plan and the ongoing Phase II La Joya drill program in Mexico. The Santa Elena Mine expansion remains on schedule, targeting a 100% increase in metal production commencing in 2014. Resource definition drilling and extensive metallurgical test work continues at La Joya with an anticipated Q4, 2012 resource update. The most significant activities are outlined below. For more information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.

Silver Bull Files Updated NI43-101 Report On Sedar, Increasing The Shallow Silver Zone Silver Resource By 39% At The Sierra Mojada Project, Coahuila, Mexico.

Silver Bull Resources, Inc. is pleased to announce further to its news release dated May 22, 2012, it has filed its updated NI43-101 Technical Report titled “Technical Report on the Sierra Mojada Silver Project, Coahuila State, Mexico” dated July 5, 2012 on SEDAR at www.sedar.com. The Technical Report completed by SRK Consulting Inc. contains an updated resource estimate which represents a 39% increase in the open pittable silver resource of the Shallow Silver Zone at a 15 g/t cut-off, previously reported by Silver Bull in the NI43-101 Technical Report released in November 2011. The updated resource also represents a 52% increase in the number of silver ounces of the Shallow Silver Zone that now report in the “measured and indicated” category.

Our expertise in mining places us at the forefront of the industry. We are readily available with an international service.
Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.