Day: December 31, 2012

Southridge Issues Clarification of Kinross Agreements

Southridge Enterprises Inc. is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.

Santacruz Silver Announces Filing of Technical Reports

Santacruz Silver Mining Ltd. announces that it has filed on SEDAR an updated technical report in respect of its San Felipe Project, titled “Update of NI 43-101 Technical Report on Resources, San Felipe Project, Sonora, Mexico”. The updated report provides additional information on data verification and sampling. It is updated as of December 19, 2012, and has an effective date of April 5, 2012. The resources remain unchanged from the original report which was announced on July 16, 2012.

Quaterra Closes Non Brokered Private Placement

Quaterra Resources Inc. today announced that its previously announced private placement was increased and has closed with the issuance of 6,541,571 units for gross proceeds of US$2,289,550.

Gold Resource Corporation Declares December Monthly Dividend

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for December 2012 payable on January 23, 2013 to shareholders of record as of January 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

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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.