Month: March 2013

High Desert Gold Corporation: Summary Financial Information Filed on SEDAR

High Desert Gold Corporation reports that an associate company, South American Silver Corp. has released its audited financial statements for the year ended December 31, 2012, and that the audited financial statements of SASC contain certain summary financial disclosure related to the financial position of HDG. SASC’s audited financial statements for the year ended December 31, 2012 can be found on SEDAR at

Mammoth Encounters Free Gold in Preliminary Analysis of Tenoriba Drill Core

Mammoth Resources Corp. is pleased to report that gold observed from two core samples of un-oxidized hydrothermal breccia and an altered felsic volcanic selected for preliminary metallurgical test work occurred in as free gold associated with pyrite along pyrite grain fractures and on grain surfaces and that the rock in these samples was not oxidized. It is the opinion of Dr. Perez, who studied these samples that the gold is most likely leachable with cyanide and does not exhibit any major metallurgical complexities.

MacMillan Minerals Issues Corporate Update

Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company held the Annual and Special Meeting of Shareholders on Thursday March 28, 2013.

Quaterra Adopts Advance Notice Policy For Director Nominations

Quaterra Resources Inc. announces that its board of directors has approved an advance notice policy for the purpose of providing shareholders, directors and management of Quaterra with a clear framework for nominating directors. The Policy is designed to further Quaterra’s commitment to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.

Chesapeake Announces Filing of Preliminary Feasibility Study for the Metates Project, Durango, Mexico

Chesapeake Gold Corp. wishes to announce the filing of a National Instrument 43-101 compliant independent Technical Report relating to a Preliminary Feasibility Study on its 100%-owned Metates Gold Silver Project located in Durango State, Mexico. The PFS incorporates significant scope changes and updated engineering work as well as updated capital and operating cost estimates since the completion of the Preliminary Economic Assessment dated April 25, 2011. The Technical Report supports Chesapeake’s February 1, 2013 news release which discussed the results of the PFS.

Camino Minerals Corporation Raises $2,170,000 Million to Fund Diamond Drilling at the El Secreto Gold and Silver Project

Camino Minerals Corporation is pleased to announce that it has completed a non-brokered private placement and that the financing has been over-subscribed (see the Company’s news release dated February 15, 2013). The Company raised gross proceeds of $2,170,000, which will be used to fund a diamond drill program at the El Secreto Gold and Silver Project located in Sinaloa State, Mexico, and for general working capital.

SilverCrest Files La Joya Technical Report Updated Resources & Positive Preliminary Metallurgy; Potential For High Grade Cu-Ag-Au Concentrate With Over 30% Copper

SilverCrest Mines Inc. is pleased to announce the filing of a National Instrument 43-101 compliant updated La Joya resources Technical Report including preliminary metallurgical test results for the La Joya Property in Durango, Mexico. The Technical Report – titled “Updated Resource Estimate for the La Joya Property, Durango, Mexico” dated March 27, 2013 – has been filed on SEDAR and is available at This Technical Report supports the Company’s January 29, 2013 news release which announced the updated resource estimation.

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.

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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.