Month: March 2013

Cardero Announces Resignation of CEO

Cardero Resource Corp. announces that Michael Hunter has resigned as the Chief Executive Officer and President, and as a director, of the Company, effective March 19, 2013. The Company would like to thank Michael for his service and significant contribution to the Company. The Board of Directors has appointed Hendrik van Alphen as the new Chief Executive Officer and President of the Company.

Minaurum Releases Final Drill Results from Adelita Copper-Gold-Silver Project

Minaurum Gold Inc. reports results from the final drill holes of Ocean Park Ventures’ 2012 drill program on Minaurum’s 100%-controlled Adelita Cu-Au-Ag Project in southern Sonora, Mexico. The 12,000-hectare project includes four identified copper-silver-gold skarn prospects and two porphyry-style prospects. The Adelita project lies 7 km east of Pan American Silver’s Alamo Dorado silver mine, and approximately 60 km southeast of Frontera Copper’s Piedras Verdes copper-porphyry mine.

Bearing Resources Ltd.: Repricing of Options

Bearing Resources Ltd. announces that its Board of Directors, subject to shareholder and TSX.V approval, has approved the re-pricing of a total of 2,135,000 options to purchase common shares to an amended exercise price of $0.15 per Option. The closing price of the Company’s common shares on the TSX.V on Friday, March 15, 2013, prior to the approval of the Re-Pricing, was $0.07. A total of 1,935,000 of the Options had been issued on July 12, 2011 with an original exercise price of $0.72. A further 200,000 Options had been issued on December 15, 2011 at an original exercise price of $0.38.

Gold Resource Corporation Announces Change In Independent Auditors

Gold Resource Corporation today announced the appointment of KPMG LLP as its independent auditors for the year ending December 31, 2013, replacing StarkSchenkein, LLP. Gold Resource Corporation is a low-cost gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $75 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Azure Minerals Limited : Sale of Non-Core Projects

Azure Minerals Limited is pleased to inform shareholders that the Company has sold two of its Mexican projects – the Estacion Llano and San Juan projects, located in the state of Sonora, Mexico for US$100,000.

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.