Month: April 2013

MacMillan Minerals Corporate Update

Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company has received permission from the TSX Venture Exchange to extend the close of the current financing to on or by May 30, 2013.

Scorpio Mining Announces Granting of Environmental Permit for El Cajón and San Rafael Underground Mine Development

Scorpio Mining Corporation reports that the federal Mexican Secretariat of Environment and Natural Resources (SEMARNAT) has issued to its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., a resolution approving the Environmental Impact Statement pertaining to its application for the development of underground mining operations at the El Cajón and San Rafael projects, located in the Cosalá Norte District, 14 and 17 kilometers by road respectively from the Nuestra Señora processing facility.

AuRico Gold Executive Chairman Takes Leave of Absence

AuRico Gold Inc. today announced that Mr. Colin Benner, the Company’s Executive Chairman, is taking a leave of absence for health reasons. Mr. Ron Smith, the Company’s Lead Director, will serve as Non-Executive Chairman in the interim. Mr. Smith has been a non-executive director of the Company since 2009 and is chair of the Audit Committee.

Primero Advises Cerro Securityholders Approve Acquisition by Primero

Primero Mining Corp. is pleased to announce that eligible Cerro Resources NL Shareholders and Option holders voted to approve the previously announced acquisition of Cerro by Primero. Approval includes the spinout of Cerro’s non-Cerro del Gallo assets of which Primero will own 19.99%.

Ross River Releases Year-End Financial Results

Ross River Minerals Inc. reports its consolidated financial and operating results for the year ended December 31, 2012. This press release should be read in conjunction with the Company’s audited consolidated financial statements and Management’s Discussion and Analysis for the year ended December 31, 2012, available on SEDAR at www.sedar.com.

Timmins Gold intersects 72 meters of 1.6 gpt gold, 15 meters of 4.2 gpt gold and 14 meters of 3.2 gpt gold at San Francisco Pit

Timmins Gold Corp. is pleased to announce that its ongoing drill program continues to extend and expand the mineralization at the San Francisco Gold Mine, located in the State of Sonora, Mexico. The San Francisco Gold Mine is comprised of two pits, the larger San Francisco Pit (SF Pit) and La Chicharra Pit (LC Pit) located approximately 1.5 km to the west. A total of 107,315 meters in 476 holes were drilled from October, 2012 to the end of February, 2013, the highlights of which are reported below. A further 42,000 meters were drilled in March and April mainly at the SF Pit and management estimates that an additional 30,000 meters will be drilled at the SF Pit to the end of May at which point the drill program will be completed. The results of the drilling will be used to provide an updated Technical Report which is expected by August.

Red Tiger Announces Closing of Second Tranche of Non-Brokered Private Placement

Red Tiger Mining Inc. announces that it has closed the second tranche of its previously announced non-brokered private placement selling 5,000,000 common shares at a price of CAD$0.10 per Share for gross proceeds of CAD$500,000. The proceeds from this tranche will also be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.

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.

All News

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.