Day: August 23, 2012

Evrim Resources Corp.: Second Phase Drill Program Approved at the Suaqui Verde Property

Evrim Resources Corp. is pleased to announce that a second phase drilling and exploration program has been approved by partner Inmet Mining Corporation at the Company’s Suaqui Verde copper-molybdenum porphyry project in Sonora, Mexico. Evrim and Inmet have also received remaining assay results from the first phase drilling program. The approved program is designed to test a combination of geophysical targets and exposed surface targets within the Adriana system and the surrounding basin and will include preliminary geological and geophysical work on the Cardelena project, recently optioned by Inmet.

Azure Minerals Limited Provides Exploration Update

Azure Minerals Limited, the Mexican-focused minerals exploration company, is pleased to provide shareholders with an update of recent developments on two of the Company’s 100%-owned properties, La Tortuga and El Tecolote. The Company has in place farm-in agreements with the Japanese Government organisation, JOGMEC, over these projects through two separate joint ventures. Azure is free-carried for the first US$16 million of exploration expenditure.

Cream Minerals Announces New Office Address

Cream Minerals Ltd. is pleased to announce that it is relocating to new offices. The move is intended to result in savings of monthly office rent. Effective Thursday August 23, 2012, the Company’s new office is located at the following address:

MAG Silver Corp. Confirms C$33.1 Million Private Placement

MAG Silver Corp. is pleased to announce that its previously disclosed private placement will be an offering of 3,526,210 common shares at a per share price of C$9.40 for gross proceeds of approximately C$33.1 million. The common shares will be subject to a four month hold period. The Offering is expected to close on or about September 5, 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.