Day: September 13, 2012

Oremex Gold Announces Resignation of Director

Oremex Gold Inc. announces that Mr. Henry Tse has resigned from the board of directors of the Company to focus on other ventures and commitments. The Company would like to thank Mr. Tse for his contributions and wish him well in his future endeavours.

Kinross Named to Dow Jones Sustainability World Index

Kinross Gold Corporation announced today that it has been named to the Dow Jones Sustainability World Index for the second consecutive year, and to the Dow Jones Sustainability North America Index for the third consecutive year.

Grupo Mexico Takes Issue with Sizeable Lawyer Fees in Delaware Case

Mexican mining company Grupo Mexico SAB expanded Thursday on its rationale for requesting a rehearing before the Delaware Supreme Court on a ruling that the company unfairly profited from a deal between two of its units, taking issue specifically with the sizeable lawyer fees awarded in the case.

Silver Shield enters into letter of intent for Real de Guadalupe Gold / Silver Mine Mexico

Silver Shield Resources is pleased to announce that it has entered into a letter of intent to acquire a undivided 100% interest in the former producing Real de Guadalupe Gold and Silver Mine in Guerrero State Mexico. The Corporation has until November 17, 2012 to complete its due diligence and enter into a binding agreement upon successful review of the property, title and property visits. Terms for the letter of intent are stated in USD, and are as follows:

Southridge Initiates Aggressive 50,000 Meter Drill Program at Gran Cabrera Gold & Silver Mining Properties

Southridge Enterprises Inc. is pleased to announce that it has commenced a 50,000 meter exploration drill program at Gran Cabrera Gold & Silver Mining properties in Mexico, where previous underground workings stated grades from this area in the order of 200-500 gram Silver and 3.4 gram Gold based on average assays from chip and channel samples. Historical information stated that ore from the Gran Cabrera mines could obtain assays in the order of 9 kilograms (290 oz) silver and about 10.3 grams (0.3 oz) gold in bulk operations, all high-end bonanza grade values.

Newstrike Capital Intersects 76.27 Meters Of 10.57 G/T Au Within A 174.48 Meter Interval Of 5.45 G/T Au At The Ana Paula Project

Newstrike Capital Inc. announces the results from 4,948 meters of drilling completed this period as part of the 2012 drill program in progress at the Company’s 100%-owned Ana Paula Project in the Guerrero Gold Belt. The results are from the ongoing delineation program in the southeast quadrant and from new exploration in the southwest quadrant. Drill results from the Breccia Zone delineation program remain in strong gold mineralization and further follow up drilling is planned.

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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.