Month: January 2013

La Verde Project, Mexico, Preliminary Economic Assessment

Catalyst Copper Corp. announces La Verde project’s NI 43-101 Technical Report; including a Preliminary Economic Assessment Study completed by AMC Mining Consultants Ltd. and effective September 2012 has been filed and can be viewed on SEDAR. The Technical Report is based in part on a preceding document entitled “Technical Report and Resource Estimate of the La Verde Copper Project, Mexico”, by Margaret Harder, M.Sc., P.Geo. and Michael F. O’Brien, M.Sc., PrSci. Nat., GSSA, FAusIMM, FSAAIMM, both Qualified Person, of Tetra Tech Inc., dated 19 September 2012.

Camino Minerals: New Discovery at El Secreto Gold-Silver-Copper Project

Camino Minerals Corporation is pleased to announce significant drill results from the El Secreto Gold, Silver and Copper Project located in Sinaloa State, Mexico. Drilling confirmed the presence of gold and silver mineralization and suggests that high-grade stockwork zones and ore shoots may exist at depth.

Plata Latina Announces C$3,000,000 Bought Deal Private Placement

Plata Latina Minerals Corporation has today entered into an agreement with Canaccord Genuity Corp., under which the Underwriter has agreed to buy, on a bought deal private placement basis, 7,500,000 Units of the Company at an issue price of C$0.40 per Unit for gross proceeds to the Company of C$3,000,000.

Gold Resource Corporation Announces Preliminary 2012 Record Annual Production Results and 2013 Outlook

Gold Resource Corporation today announced preliminary 2012 fourth quarter and record year-end mill production of approximately 90,432 precious metal gold equivalent ounces and sets its 2013 Outlook. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $69 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver.

Southern Silver Amends Property Agreement, Acquires 100% Ownership of Patented N.M. Property and Enters into Finder’s Fee Agreement

Southern Silver has entered into a finder’s fee agreement with Adrian Robles for his role in a previously announced transaction between Southern Silver and Freeport McMoRan Exploration Corporation (“Freeport”) with respect to the Cerro Las Minitas property (the “Property”) in Durango, Mexico (see news release of October 23, 2012). Pursuant to the finder’s fee agreement, Southern Silver will issue Mr. Robles: (i) 500,000 common shares

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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.