Month: October 2012

Excellon Appoints New Director

Excellon Resources Inc. is pleased to announce the appointment of Oliver Fernández to the Board of Directors of the Company.

Fresnillo approves study for San Julian project

Mexican silver producer Fresnillo PLC said Thursday the Board has approved the feasibility study for the development of the 500 million dollar San Julian silver project, is a key project in reaching the Company’s goal to produce 65 million ounces of silver and 500,000 ounces of gold per year by 2018.

Alamos Gold Reports Third Quarter 2012 Results

Alamos Gold Inc. today reported its operating and financial results for the quarter ended September 30, 2012 and reviewed its operating, exploration and development activities for the period. All amounts are expressed in United States dollars unless otherwise specified.

Kimber Announces Updated Mineral Resource for the Carmen Deposit

Kimber Resources Inc. reports its updated mineral resource estimate for the Carmen deposit, part of its Monterde project, located in the Sierra Madre Gold-Silver Belt of northwestern Mexico. The 2012 updated mineral resource estimate at Carmen highlights a number of improvements, including:

Avino Operational Update & Q3 Production Report

Avino Silver and Gold Mines Ltd. is pleased to announce the following operational update and third quarter production results from its Avino’s mine operation located near Durango, Mexico.

Mexico Needs a Venture Capital Industry

The emergence of a large entrepreneurial community is essential for the development and growth of any country. For there to be a sizable number of new enterprises and for these to grow and thrive; they need funding, and this funding usually comes from venture capital (VC). In the U.S., large, venture-backed companies — Amazon, Apple, Cisco, Google, Medtronic — are major parts of the economic landscape. A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. jobs were created by VC-backed companies.

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.

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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.