Month: March 2013

Silver Bull Significantly Increases The Size And Grade Of The Silver Resource To 167.5 Million Ounces Of Indicated Silver At A 72.5G/T Average Grade At The Sierra Mojada Project, Coahuila, Mexico.

Silver Bull Resources, Inc. is pleased to provide the results that will be reported in the updated NI43-101 Technical Report currently being completed by JDS Energy & Mining Inc. on the silver and zinc mineralization of the “Shallow Silver” and “Zinc” Zones at the Sierra Mojada Project in Coahuila, Mexico. Highlights at various cutoff grades for the silver include;

Scorpio Mining Reports Fourth Quarter and Year-End Financial Results for 2012

Scorpio Mining Corporation reports its financial and operating results for the year and fourth quarter ended December 31, 2012. This press release should be read in conjunction with the Corporation’s audited Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2012, available on the Corporation’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.

Santa Fe Metals Completes Final Tranche of Private Placement

Santa Fe Metals Corp. – Further to its news releases of February 6, 2013 and February 26, 2013, the Company is pleased to announce that it has completed the final tranche of a non-brokered private placement. The Company has issued 1,670,000 flow-through shares at $0.06 per share generating gross proceeds of $100,200.

Starcore International Mines Ltd.: Return to Profit for Second Quarter of 2013

Starcore International Mines Ltd. has filed the results for the second quarter ended January 31, 2013 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.

Paramount Gold and Silver’s Largest Shareholder Completes Warrant Exercise for C$8 million

Paramount Gold and Silver Corp. announced today that Its largest shareholder, FCMI, has exercised its remaining 7.7 million share purchase warrants at the exercise price of C$1.05 each for total proceeds to Paramount of C$8 million. This exercise brings FCMI’s holdings in Paramount to 24.4 million common shares, representing approximately 15.7% of total shares outstanding.

Agreement to Acquire Company-Owned Processing Plant

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, today announces that it has signed a provisional agreement with Sandy Hill Ltd, a company incorporated in the British Virgin Islands, to acquire a processing plant currently located close to Zacatecas City, with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore (“EL Bote Mill”).

Endeavour reports record earnings, output

A day after announcing it achieved record earnings in 2012, Endeavour Silver inked a deal to sell bonus concentrate from its over-achieving Bolanitos mine to local Mexican smelters in a move that positions the producer to outperform its production guidance for 2013.

Southern Silver Provides Corporate Update

Southern Silver Exploration Corp. reported that at its annual general meeting held on March 13, 2013 the following directors were re-elected: Lawrence Page, Q.C., Scott Hean, Terrence Eyton, D. Roger Scammell, Dale Janowsky and Nazlin Rahemtulla. The following officers were re-appointed subsequent to the annual general meeting: Lawrence Page, Q.C. as President, Mahesh Liyanage as Chief Financial Officer, and Arie Page as Corporate Secretary.

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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.