Month: December 2012

El Tigre Silver Corp. Announces Proposed Warrant Extension

El Tigre Silver Corp. is pleased to announce that it will be applying to the TSX Venture Exchange for approval to the extension of the expiry date of 2,144,000 common share purchase warrants issued on June 25, 2012 and July 25, 2012 from December 25, 2013 and January 25, 2014, respectively, to July 25, 2014. These Warrants were issued as part of a private placement transaction and are exercisable into 2,144,000 common shares of the Company at a price of $0.40 per share.

McEwen Mining Successfully Completes Rights Offering

McEwen Mining Inc. is pleased to announce the successful completion of its Rights Offering, which closed at 5 PM EST on December 4, 2012. The Rights Offering was fully subscribed for with proceeds totaling US$60.4 Million.

VANE Minerals is primarily an explorer, says CEO Newton

VANE Minerals is an explorer and developer of copper and uranium projects in North America. The Company is supported by revenues from its producing silver/gold operations in Mexico. Utilising a team made up of leading industry professionals the Company is targeting porphyry copper targets in Southwest USA in addition to expanding its gold/silver operations in Mexico and exploring high-grade breccia pipe targets in North America

Avino November Production Report

Avino Silver and Gold Mines Ltd. is pleased to announce the following November production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico.

Paget Minerals Drills 2.3 Meters @ 23.1g/t Gold and 4.5 Meters @ 100.4g/t Silver San Ricardo Gold-Silver Project, Sonora, Mexico

Paget Minerals Corp. announced today the drill results from the first-ever drilling on the Santa Cruz Target within the San Ricardo Gold-Silver Project. Paget has an option to earn up to 60% of the 38,100-hectare Project located within the prolific porphyry and epithermal gold-silver-copper belt of northern Sonora State, Mexico, from Sundance Minerals Ltd.

Azure Minerals Limited : La Tortuga Drilling Update

Mexican-focused Azure Minerals Limited (ASX: AZS) (“Azure” or “the Company”) hereby advises that due to continued drilling difficulties it has terminated the drilling of the deep diamond hole at its La Tortuga Project, located in the state of Sonora, 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.