Month: July 2012

Vista Gold Corp. Appoints VP Corporate Development

Vista Gold Corp. today announced the appointment of Seth L. Foreman as Vista’s Vice President Corporate Development. Mr. Foreman will report to Vista’s Chief Financial Officer, Jack Engele, and will focus on corporate strategic planning, evaluation of new business opportunities, and the Company’s efforts to secure project financing for the Mt. Todd gold project in Australia. Given Mr. Foreman’s strong background in investor relations for both junior and major mining companies, he will also play an important role in Vista’s efforts to identify and attract new investors and analysts. Prior to his appointment, Mr. Foreman served as Director of Investor Relations and Business Development for General Moly Inc. Previously, Mr. Foreman worked for Newmont Mining Corporation where he held the positions of Manager of Investor Relations and Manager of Strategic Communications and Public Affairs. Mr. Foreman holds an MBA in Finance from the University of Denver and a Bachelor of Arts in Economics from Bucknell University.

Goldcorp declares seventh monthly dividend payment for 2012

GOLDCORP INC. is pleased to declare its seventh monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, July 19, 2012 will be entitled to receive payment of this dividend on Friday, July 27, 2012. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

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.

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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.