Baja Mining Announces Board Appointments
May 7, 2012
New Directors are Tom Ogryzlo, Wolf Seidler, Stephen Lehner and Lorie Waisberg
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New Directors are Tom Ogryzlo, Wolf Seidler, Stephen Lehner and Lorie Waisberg
SilverCrest Mines Inc. is pleased to announce the results of a further 16 holes of the Phase II drill program currently underway at its La Joya Property in Durango, Mexico. The Phase II program comprises an estimated 80 holes totaling approximately 15,000 metres. Phase II drilling to date has extended the Main Mineralized Trend an additional 500 meters to the northwest beyond the area of the current resource of 101.9 million ounces Ag Eq.(i) (see News release dated March 20, 2012). New results show the Trend expanding an additional 200 metres to the northeast and 100 metres to southwest with the average width increasing from 500 to approximately 700 metres along a strike length of 2,500 metres.
Windstorm Resources Inc. after reviewing the results of its exploration activities on the Escondida gold-silver property in San Luis Potosi, Mexico, has decided to give notice and has terminated its option to acquire an interest in the property.
Starcore International Mines Ltd. is pleased to announce that Jeff Hussey, P. Geo. and currently Executive Vice President, Development of Champion Minerals Inc. has joined Starcore’s Technical Advisory Board.
Mount Kellett Capital Management is renewing efforts to have its nominees join the board of Baja Mining Corp. and force the resignation of chief executive John Greenslade.
Southridge Enterprises Inc. is pleased to announce that it has expanded its previously announced exploration program on February 13, 2012, to include the additional 80% unexplored portion of the known vein system at Cinco Minas.
Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM) (“Golden Minerals” or “the Company”) today provided an update of first quarter 2012 production at the Velardeña Operations along with updated production guidance for full year 2012
Esperanza Resources Corp. is pleased to announce that further to its press release of May 2, 2012 whereby it announced a private placement financing of up to 8,000,000 special warrants at a price of $1.25 per Special Warrant for gross proceeds of $10,000,000 that it is increasing the size of the Offering.
Scorpio Mining Corporation reports its financial and operating results for the first quarter ended March 31, 2012. This press release should be read in conjunction with the Corporation’s unaudited condensed interim consolidated financial statements and the Management’s Discussion and Analysis for the three months ended March 31, 2012 which are available on the Corporation’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.
Silver Sun Resource Corp. is pleased to provide an update on its mining activities at the Cherry Hill gold mine in Yreka, California as well as continued exploration work programs at the Yoreme project in Sonora State, Mexico and Zacatecas project in Zacatecas State, Mexico.
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