Month: February 2013

VVC Exploration Closes $958,500 Financing

VVC Exploration Corporation is pleased to announce that following receipt of the final acceptance by the TSX Venture Exchange, the Company has closed its previously announced non-brokered private placement aggregating CA$958,500 representing 19,170,000 units of the Company (“Units”) at a price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant (a “Warrant”) of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share until January 24, 2014 and thereafter at $0.18 per share until January 24, 2015.

Almaden Resumes Drilling at Ixtaca, Adopts Advance Notice Policy

Almaden Minerals Ltd. is pleased to announce that drilling has recommenced at its 100% owned Tuligtic Project in Mexico. In January 2013 Almaden announced the maiden resource on the Ixtaca Zone of the Tuligtic Project which at a 0.5 g/t AuEq cutoff included Indicated Resources of 2,019,000 AuEq ounces and Inferred Resources of 1,552,000 AuEq ounces. The 2013 drilling program will focus on expanding the resource as well as testing other areas on the 14,000 hectare project considered by management to be highly prospective.

Fortuna launches new sustainability section on website

Fortuna Silver Mines Inc. is pleased to have launched a new section of its website devoted to sustainability (http://www.fortunasilver.com/s/sustainability.asp). The Sustainability section offers an overview of the many projects Fortuna is working on to create sustainable value for its employees, their families, and the communities in which we operate.

First Mexican Grants Options

First Mexican Gold Corp. announces that a total of 1,475,000 incentive stock options have been granted to directors, officers and consultants of the Company pursuant to the Company’s Stock Option Plan. The options are exercisable for a period of five (5) years at a price of $0.10 per share.

Minera de Carlos Slim suspende trabajos en Tetela de Ocampo

Minera Frisco -propiedad del magnate Carlos Slim- suspendió los trabajos de exploración en el cerro de “Las Espejeras” del municipio de Tetela de Ocampo luego de las protestas generadas por los pobladores del lugar en los últimos meses.

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.