Day: November 20, 2012

Canasil Non-brokered Private Placement

Canasil Resources Inc. announces a non-brokered private placement of up to 5,000,000 units at an exercise price of $0.20 per unit for total proceeds of up to $1,000,000. A commission or finder’s fee may be paid with respect to all or part of this placement. The terms of the placement are subject to acceptance by the TSX Venture Exchange.

MAG Silver faces activists in Mexico

Local media reports that landholders from the local community of Ejido have voted to expel MAG Silver (MAG-T) from its Cinco de Mayo property in Mexico and ban mining in the area for 100 years have sent shares in the mining company down by about 12%.

Kimber Announces First Quarter Financial Results

Kimber Resources Inc. has announced its financial results for the three months ended September 30, 2012. All amounts in this news release are in Canadian dollars. The Company’s unaudited condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three months ended September 30, 2012 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com .

Oro Mining Receives the Environmental Permit (MIA) on the La Trinidad Project and Changes its Name to Marlin Gold Mining Ltd.

Oro Mining Ltd. announced today that it has received Mexican federal government approval of its Environmental Impact Statement, and has commenced pre-construction activities on its 100% owned La Trinidad project. Construction is planned to have a duration of ten months with gold production shortly thereafter. Also, the Board of Directors have approved a name change of the Company from Oro Mining Ltd. to Marlin Gold Mining Ltd., marking a new era for the Company. Effective immediately, the outstanding common shares will trade under the stock symbol “MLN” on the TSX Venture Exchange. The new CUSIP number for the Company’s shares is 571175108. A new website is being designed and when ready will be available at www.marlingold.com .

MAG Silver to challenge illegal eviction from Cinco de Mayo

MAG Silver Corp. On Monday afternoon, MAG issued a press release responding to reports from local media in Mexico that landholders from the local community of Ejido Benito Juarez voted during an assembly meeting on the evening of Saturday, November 17, to expel MAG from its Cinco de Mayo property and establish a 100 year mining moratorium over the area. This press release is being issued to provide further detail surrounding the events of November 17 and the actions being taken by MAG to protect its interests.

Santacruz Silver Intersects 2549 g/t Ag eq. over 2.75 m at Gavilanes

Santacruz Silver Mining Ltd. is pleased to report results from the first 7 holes of an ongoing 6,000 meter diamond drill program at its 100% owned Gavilanes Silver project in Durango, Mexico. This first drill program is designed to test three of seven known silver-bearing veins and a stockwork area within the 7,347 hectare property.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.