Day: January 4, 2013

Goldgroup Slapped With $14M Suit Over Mexico Gold Mine

DynaResource Inc. last week asked a Texas state court for more than $14 million in damages it says were caused when Goldgroup Resources Inc. improperly claimed to own half of a 178,000-acre gold mining project in Mexico.

Cream Minerals Announces Extension of Additional Warrants

Cream Minerals Ltd. announces that further to the Company’s news release of December 21, 2012 in addition to the 24,114,000 warrants that have been re-priced to $0.10 and extended to December 20, 2013, the Exchange has approved the extension to December 20, 2013 an additional 13,036,000 warrants held by insiders. The exercise price of these warrants remains unchanged at $0.24 per share.

First Mexican Cancels Proposed $1-million Financing

First Mexican Gold Corp. reports that it has cancelled the previously announced financing on November 22, 2012 with Euro Pacific Canada Inc. The financing was to raise $1.0 million dollars through the issuance of a unit. Each unit consisted of one common share plus one-half of one common share purchase warrant, with each whole purchase warrant exercisable into a common share at a price of 14 cents for a period of 24 months from closing.

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.