Month: November 2012

MAG Silver Reports Third Quarter Financial Results

MAG Silver Corp. announces the Company’s unaudited financial results for the three and nine months ended September 30, 2012. For complete details of the third quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Goldgroup Announces Changes to Officers and Executive Management

Goldgroup Mining Inc. announced today that Chester F. Millar has been appointed Chairman of the Company, replacing Gregg J. Sedun as Executive Chairman. Further to the Company’s news release dated October 12, 2012 announcing Mr. Sedun as Interim Chief Executive Officer and President, the Board of Directors has now appointed the Company’s Lead Director, Dr. Hans von Michaelis, to fill the role of CEO and President. Dr. von Michaelis will continue to serve on the Board of Directors. Mr. Sedun is a major shareholder of the Company and will continue to serve on the Company’s Board of Directors.

First Majestic Earns $24.9M in Third Quarter; Revenues of $63.6M, an Increase of 4%

First Majestic Silver Corp. is pleased to announce the unaudited condensed interim consolidated financial results for the Company for the third quarter ending September 30, 2012. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

Endeavour Silver Extends High Grade Silver-Gold Mineralization on the Milache Property Near the Guanacevi Mine in Durango, Mexico; Drilling Intersects 10,990 gpt Silver and 25.1 gpt Gold Over 0.22 m Width

Endeavour Silver Corp. announces that exploration drilling on Endeavour’s Milache Property near the Guanacevi Mine in Durango State, Mexico has extended the high grade silver-gold mineralization along the Santa Cruz vein to more than 250 meters (m) long by 250 m deep, still open for expansion.

Arian Silver Appoints Joint Broker

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, is pleased to announce the appointment, with immediate effect, of Hawkwood Capital LLP as joint broker

Baja Mining Appoints Interim CFO

Baja Mining Corp. announces that the board has appointed Mr. Tom Ogryzlo, Baja’s Interim CEO & Chairman, as Interim Chief Financial Officer.

Vendome Releases Its NI 43-101 Report for the Company’s Mexico Properties

Vendome management is pleased to announce that a 43-101 compliant technical report, prepared by Broad Oak Associates entitled “Technical Report on the Polymetallic Resources on the San Javier, La Diana, and San Miguel Properties, State of Guerrero, Mexico” is available for review on the company’s website www.vendomeresourcescorp.com .

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.