Month: September 2012

Prospero Silver, Silver Standard Sign Letter of Intent for Option to Joint Venture the San Luis Cordero Project

Prospero Silver Corp. is pleased to announce that it has signed a non-binding Letter of Intent with Silver Standard Resources Inc. for an option to joint venture agreement covering Prospero’s San Luis del Cordero property in central Durango State, Mexico. Silver Standard is currently conducting due diligence on the property, and the parties are negotiating the terms of the definitive agreement, which is expected to take approximately one month to complete.

GOLDCORP named to Dow Jones Sustainability Index North America

Goldcorp Inc. announced today that it will be added to the Dow Jones Sustainability Index North America (DJSI North America), effective September 24, 2012. The DJSI evaluates leaders in corporate social responsibility using rigorous indicators in the areas of corporate, economic, environmental and social performance.

Teck Announces Vice President Appointments

Teck Resources Limited is pleased to announce the appointment of Alex Christopher to Vice President, Exploration and Colin Joudrie to Vice President, Business Development.

VVC Exploration-Board of Director Changes

VVC Exploration Corporation is pleased to announce the appointment of Mr. Bruno Dumais, C.A., to the Board of Directors effective immediately, filling the vacancy created by the resignation of Mr. Robert Boisjoli. Mr. Boisjoli resigned as director of VVC to focus on his responsibilities as managing director of Atwater Financial Group. The Company wishes to thank Mr. Boisjoli for his dedicated service to the Company.

Soltoro Sampling Returns 5.3 gpt Gold & 40 gpt Silver Over 3.4 Metres at the Tecolote Gold Silver Project in Jalisco, Mexico

Soltoro Ltd. has received positive gold and silver assay results from the first mapping and sampling program carried out on its 100% owned Tecolote Project in Jalisco, Mexico. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property. Tecolote covers an area once held in the national mineral reserve which Soltoro acquired through staking when it was subsequently declared open ground.

Golden Minerals Announces Equity Financing

Golden Minerals Company is pleased to announce that it has entered into an underwriting agreement with Wells Fargo Securities to sell 5,497,504 units, comprised of one share of common stock and a five year warrant to acquire one half of a share of common stock at an exercise price of US$8.42, at a price of US$5.75 per unit, for gross proceeds of US$ 31.6 million. Net proceeds, after underwriting discounts and estimated offering costs, will be approximately US$29.5 million.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.