Day: January 21, 2013

Alamos Gold Mails Offer to Aurizon Shareholders

Alamos Gold Inc. announced today that it has mailed its formal offer and take-over bid circular and related documents with respect to Alamos’ offer to acquire all of the outstanding common shares of Aurizon Mines Ltd. to Aurizon shareholders.

First Mexican and Buenaventura Sign A Non-Binding Agreement for Guadalupe Property in Mexico

First Mexican Gold Corp. is pleased to announce that it has signed a non-binding letter agreement with Compañía de Minas Buenaventura S.A.A., pursuant to the terms of which BVN has been granted the right, for a period of 60 days from the signing, to complete due diligence and the right, at BVN’s discretion, to negotiate terms and sign a definitive agreement with FMG to earn a 70% interest in the Company’s 100% owned Guadalupe project. The objective of this proposed transaction is to further develop the Guadalupe property in Mexico, to provide capital for the Company and significantly expand the exploration program. The Company retains the Panda claim block for future exploration.

War Eagle to Acquire Andromeda Resources

War Eagle Mining Company Inc. has entered into an agreement dated January 11, 2013 with Toronto-based Andromeda Resources Inc., which is a private company incorporated in Ontario. The agreement contemplates that pursuant to a so-called “triangular merger” the shareholders of Andromeda (other than War Eagle) will exchange each issued and outstanding common share of Andromeda held by them for 0.897 common shares of War Eagle such that the shareholders of War Eagle on the effective date of the merger will own approximately 80% of the outstanding shares of War Eagle and the shareholders of Andromeda (other than War Eagle) will own the remaining 20%. Andromeda will continue as a wholly-owned subsidiary of War Eagle.

Noront Announces Appointment of Interim Chief Executive Officer

Noront Resources Ltd. announced today that its board of directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. The Board has appointed Paul Parisotto to act as interim President and Chief Executive Officer and has begun a search to identify a permanent President and Chief Executive Officer. Ted Bassett has been appointed lead director during the period of Mr. Parisotto’s appointment as interim President and Chief Executive Officer.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.