Day: October 11, 2012

QRS Capital Corp. Closes Previously Announced Non-Brokered Private Placement for Aggregate Gross Proceeds of $525,000

QRS Capital Corp. announces the closing on October 11, 2012 of its previously announced non-brokered private placement. The Company issued 2,625,000 units (representing an additional 125,000 Units than previously announced) at a price of $0.20 per Unit, for aggregate gross proceeds of $525,000. Each Unit consisted of one common share and one half of one common share purchase warrant. Each whole Warrant will entitle the holder to purchase one common share of the Company at a price of $0.40 per common share for a period of 24 months from the closing date of the Private Placement.

Primero Announces Closing of Secondary Offering of Its Common Shares

Primero Mining Corp. announces the completion of the secondary offering of common shares of Primero held by Goldcorp Inc. which was previously announced on September 18, 2012. Following closing of the Offering, Goldcorp owns 31,151,200 common shares of Primero, representing approximately 32.2% of the outstanding common shares of Primero, which will continue to be held by Goldcorp subject to a three year lock-up period that commenced on August 6, 2010.

Goldcorp Completes Sale of Primero Mining Shares

GOLDCORP INC. is pleased to announce that it has completed the previously announced secondary offering of 8,422,460 common shares of Primero Mining Corp. at a price of C$5.25 per share for gross proceeds to Goldcorp of C$44,217,915.

San Marco Samples 8.0 g/t Gold; 42.6 g/t Silver; 0.83% Copper and 1.87% Lead/Zinc at Angeles

San Marco Resources Inc. has received additional assay results from underground sampling of old workings and reports on additional exploration activities at its Angeles property in Sonora state, Mexico. As previously reported (News Release dated September 10, 2012), the Company’s geologists had accessed old underground workings and commenced channel sampling across structures as well as adjacent footwall breccia. Most of these workings (apparently 90 – 100 years old) have collapsed, however 2 levels below the main access adit were sampled along approximately 20 meters of strike. Where possible, the adjacent footwall breccia and the hanging wall shear zones were sampled.

Capstone 2012 Third Quarter Production Results on Track

Capstone Mining Corp. today announced its operating results for the three and nine months ended September 30, 2012 for its two operating mines, Cozamin and Minto. Combined production totalled 22.6 and 63.1 million pounds of copper in concentrates in the third quarter and first nine months, respectively, with additional by-products of lead, zinc, silver and gold.

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.