Day: December 19, 2012

First Majestic Buys Orko Silver for La Preciosa

“To add the amount of ounces we’re adding there are simply not a lot of opportunities. It was almost a must-have for us to add this asset to our portfolio,” said Keith Neumeyer, president and CEO of First Majestic Silver. He was describing Orko Silver’s La Preciosa project in Mexico, one of the largest undeveloped silver deposits in the world and a project his company has been eyeing for more than two years.

Argonaut Responds to Trading Inquiries

Argonaut Gold Inc. has received inquiries regarding recent insider trading reports filed by members of senior management. The Company has been advised that certain members of management have engaged in trading their shares for personal tax planning purposes prior to the end of the calendar year. The Company also understands that no member of senior management has any present intention to materially change his overall equity interest in the Company.

Xtierra Announces Completion of Land Purchase for Bilbao Project

Xtierra Inc. is pleased to announce that it has recently completed the acquisition of the necessary surface lands that will be required for the surface installations and development for its Bilbao zinc-silver-lead-copper deposit located 50km southeast of the State capital in Zacatecas, Mexico.

Why Agnico-Eagle is outperforming its peers

Agnico-Eagle Mines Ltd., Canada’s fifth-biggest gold producer, is outperforming global competitors including Barrick Gold Corp. after overcoming weather conditions at its Arctic mine that sent costs soaring.

Endeavour Silver Drilling Extends High Grade Silver-Gold Mineralization on the San Sebastian Property in Jalisco State, Mexico; Drilling Intersects 301 gpt Silver and 0.32 gpt Gold Over 16.2 m True Width

Endeavour Silver Corp. announces that exploration drilling on the San Sebastian property in Jalisco State, Mexico has now extended the recently discovered high grade silver-gold mineralization in the Terronera vein to more than 900 meters (m) long by 300 m deep, still open for expansion.

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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.