Day: March 4, 2013

Gold Resource Delays 10-K, Says More Time Needed for Mexico Data

Gold Resources Corp., a U.S. company that mines the precious metal in southern Mexico, said it delayed filing its annual 10-K report with the Securities and Exchange Commission because it needs more time to finalize financial information from its Mexican operations.

Marlin Gold Mining Begins Trading On OTCQX®

OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today announced that Marlin Gold Mining Ltd., an acquirer, explorer and developer of mineral properties, has chosen to trade on OTCQX®, the best OTC marketplace with qualified companies.

Avino Reports On Mine Expansion Plans, Now Targeting 1,500 Tpd Mill Capacity, Updates Mine Development And New Resource Estimate

Avino Silver and Gold Mines Ltd. reports that upgrading and expansion of its San Gonzalo mine on the Avino property near Durango, Mexico continues to progress rapidly. At San Gonzalo, activities in February were centered on underground development and mining as well as delivering new underground mining equipment. At the main Avino Mine, efforts have been focused on water treatment and de-watering to allow access to lower levels for exploration and development.

San Marco Signs Two Significant Exploration Deals with Exeter

San Marco Resources Inc. has granted two options to Exeter Resource Corporation to acquire interests in each of the Company’s La Buena and Angeles properties in Mexico. Should Exeter earn fully into each option, total exploration funding by Exeter would be $15M for La Buena and $20M for Angeles, including $2.4M of committed expenditures and $250,000 cash payments primarily during 2013. All expenditures and cash payments can be accelerated at any time at Exeter’s election. Details of the business arrangements are as follows:

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.