Month: January 2013

Kootenay Announces Promontorio Drilling Hits 47 Meters of 62 gpt Silver Eqv Including 17 Meters of 94 gpt Silver Eqv (47 Meters grading 31 gpt Silver and 1.32% Pb+Zn) and (17 Meters Grading 48 gpt Silver and 2.0% Pb+Zn)

Kootenay Silver Inc. is pleased to announce results from the first 8 holes of its 30,000 meter, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. All 8 holes were step out holes outside of the resource boundaries at intervals of 50 to 100 meters.

First Mexican Shares for Debt Amended

First Mexican Gold Corp. amends the amount to be settled previously announced on December 17, 2012 and now has agreed, subject to TSX Venture Exchange approval, to convert $50,000 of debt for 714,286 shares, at $0.07 per share.

MacMillan Corporate Update

Mr. George A. Brown, President of MacMillan Minerals Inc., wishes to announce that the Company has completed the SEDAR filing of the Audited Financial Statements for the years ended September 30, 2012 and 2011 and the accompanying Management Discussion and Analysis.

Citation Announces Priority Drill Targets at Biricu Project

Citation Resources Inc. is pleased to announce that four priority drill target areas have been defined and a 7,000 meter drill program has been designed for the Biricu Gold Project located in Mexico’s prolific Guerrero Gold Belt.

Del Toro Mine Opening Brings First Majestic Closer to Senior Goal

Last week, First Majestic Silver (TSX:FR,NYSE:AG) announced initial production from its Del Toro mine in Zacatecas, Mexico. This year, the company projects production of 11.1 to 11.7 million ounces. Of that amount, Del Toro is expected to contribute about 2 million ounces. The opening of Del Toro is yet another step toward the company’s goal of becoming a senior producer.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

All News

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.