Day: September 11, 2012

Grupo Mexico files motion against U.S. court decision

Mexican mining firm Grupo Mexico said on Tuesday it had filed a motion against a ruling by the Delaware Supreme Court, which had ordered it to pay around $2 billion to Southern Copper Corp over an asset sale.

Oroco Increases Strike Length at Xochipala

Oroco Resource Corp. is pleased to provide an update on the mapping and sampling program currently underway on its 100% owned Xochipala Property in Guerrero State, central Mexico.

Lake Shore Gold Announces Management Change

Lake Shore Gold Corp. announced today that Mario Stifano, Vice-President and Chief Financial Officer, will leave the Company in October to assume a new position as a chief executive officer with a private company focused on mineral exploration.

Xtierra Provides Bilbao Infill Drilling Results; Shares Up 6%

Xtierra Inc. today announced the results of a 2,032 metre 9-hole programme of infill drilling on the main Bilbao deposit. The objectives of the campaign were to check grade variability and to increase confidence in the resource blocks that would be mined within the first three to four years of underground production.

Altair Ventures Changes Name to Altair Gold Inc.

Altair Ventures Incorporated announces that the Company has changed its name to Altair Gold Inc. effective September 10, 2012 pursuant to the Articles of the Company and as approved by the Company’s board of directors.

San Ricardo Gold-Silver Property, Sonora, Mexico – Joint Venture With Paget Minerals and Report on Work Completed

Sundance Minerals Ltd., is pleased to announce that it has entered into an option agreement with Paget Minerals, Corp., whereby Paget can earn up to a 60% interest in the San Ricardo Gold-Silver Property in northern Sonora State, Mexico. The Property is located within the prolific state of Sonora in the vicinity of numerous porphry, mesothermal and epithermal gold-silver-copper deposits.

Paget Minerals Options San Ricardo Gold-Silver Project, Sonora, Mexico

Paget Minerals Corp. announced today that it has entered into an option agreement with Sundance Minerals Ltd. whereby Paget can earn up to a 60% interest in the San Ricardo Gold-Silver Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico.

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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.