Month: January 2013

SilverCrest Discovers Bonanza Grades and New Zone at Santa Elena 15.6m @ 23.9 gpt Au and 307.9 gpt Ag Including 2.3m @ 157.3 gpt Au and 1,610.5 gpt Ag

SilverCrest Mines Inc. is pleased to announce results of further drilling at the Santa Elena Mine in Sonora, Mexico. Eighty seven holes of a planned 100 holes have been completed to re-categorize Indicated and Inferred Resources to Probable Reserves and expand current underground Resources (see attached Figures: http://media3.marketwire.com/docs/svl107_F1-2.pdf). This drill program continues to be extremely successful and several recent holes have identified multiple bonanza grade intercepts and a new high grade gold and silver zone that lies below and is sub-parallel to the Main Mineralized Zone currently being mined. All holes included in this program will assist with resource confirmation and reclassification which will be included in the upcoming Pre-Feasibility Study for the Santa Elena Expansion Project.

Avino December Production Report

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

Guerrero Announces Executive Changes

Guerrero Exploration Inc. announces that in conjunction with its recently completed acquisition of all of the issued and outstanding shares of Pinette Copper Corp, Peter Wilson, of Vancouver, BC, has been appointed to the Board of Guerrero. In addition, Bill Thomas, of Vancouver, BC, has been appointed Chief Financial Officer of the Corporation. All other directors and officers shall remain the same.

Parlane Resource Corp.: Appointment of New Director

Parlane Resource Corp. announces that at its Annual General Meeting held on December 21, 2012, Messrs. Robert Eadie, Gary Arca and David Gunning were reappointed directors for the ensuing year, and Ken Sumanik was appointed a new director of the Company.

Arian Silver Appoints New Chief Financial Officer

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces today the appointment of Mr John Mayfield as Chief Financial Officer with effect from 7 January 2013. Outgoing CFO, Sam Clarke, who is leaving the Company to relocate overseas, will be assisting the transition phase to ensure continuity.

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.

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