Month: November 2012

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.

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.

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.