Day: November 19, 2012

Agnico-Eagle Announces Significant Resource Growth in Meliadine’s Wesmeg and Normeg Zones, New Positive Results at Depth in Rimpi Zone at Kittila, And Progress at La India and Tarachi

Agnico-Eagle Mines Limited is pleased to provide an update of the 2012 exploration programs. The primary focus of this year’s activities has been on Meliadine (Canada), Kittila (Finland), the conversion of resources at La India (Mexico), and further exploration of the early-stage deposit at Tarachi, which is adjacent to La India.

Oroco Enters into Term Sheet for Funding

Oroco Resource Corp. announces that it has entered into a Term Sheet with Waterton Global Value L.P. whereby Waterton has committed to provide a secured $5 million convertible debt facility to Oroco.

International Millennium Mining Corp. Reports 3rd Quarter Results

International Millennium Mining Corp. reports its 3rd Quarter 2012 financial statements and MD&A for the Quarter ended September 30, 2012 (BC Form 51-102F1). Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report.

Almaden Completes Drilling for Maiden Resource, Hits 18.00 Meters of 6.6 g/t AuEq (6.36 g/t Au, 14.0 g/t Ag) on Northeast Extension

Almaden Minerals Ltd. is pleased to announce final drill results to be included in the Company’s maiden resource estimate. With the results today 225 holes accounting for 81,971.03 meters of drilling, all drilled since the discovery was made in 2010, will form the basis of the resource estimate. The exploration drilling program at Ixtaca is on-going. The results reported today demonstrate the continuity of the known mineralisation as well as the presence of high grades locally.

Pan American Goldfields Ltd. Reports Record Production from its Cieneguita Property, Mexico

Pan American Goldfields Ltd. is pleased to announce the production results for the last two months of operation at its 80% owned Cieneguita project, Chihuahua, Mexico. The Cieneguita project is currently being operated on a pilot basis under an agreement between The Company and Minera Rio Tinto, a private Mexican company. The terms of the agreement were recently re-negotiated as discussed in The Company’s release on September 12th -2012. The Cieneguita project as operated by MRT produces a bulk sulfide flotation concentrate or pre-concentrate at the Cieneguita plant. This concentrate is then shipped to Choix where it is treated to produce a lead concentrate that contains the majority of the valuable metals gold and silver. This lead concentrate is then sold under contract to Trafigura who then ships the concentrate to various smelters for final metal recovery.

MAG Silver Responds To Reports Of Illegal Eviction From Cinco De Mayo

MAG Silver Corp. is responding to reports from local media in Mexico that landholders from Benito Juarez decided during an assembly meeting of the local community in the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium.

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.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.