Month: April 2013

Mammoth Announces Private Placement Financing

Mammoth Resources Corp. is pleased to announce a non-brokered private placement for up to 5,000,000 units of the company at a price of $0.10 per Unit to raise gross proceeds of up to $500,000. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.18 per common share, subject to an accelerated expiry in certain circumstances.

Coeur Announces Nomination of Randolph E. Gress to Board of Directors

Coeur d’Alene Mines Corporation today announced that Randolph E. Gress has been nominated for election to the Board of Directors at the Company’s 2013 annual meeting of shareholders to be held May 14, 2013. Upon his election, Mr. Gress is expected to be appointed to the Audit Committee and the Nominating and Corporate Governance Committee.

Drilling starts at the Baborigame Project with JV Partner Minera Hochschild Mexico

Prospero Silver Corp. is pleased to announce that its JV partner Minera Hochschild Mexico, S.A. de C.V. has commenced a 3,000 meter Reverse Circulation drill program in the northern Cebollas target area at the Baborigame project in Chihuahua. This initial program on the northern part of the 8,458 Hectare claims is aimed at multiple targets defined during the past 6 months. Sampling over the felsic igneous body 2.5 km in length shows both rock-chip and soil sample anomalies, which indicate potential to host both near surface, bulk tonnage as well as high grade vein mineralization.

Grupo México da la bienvenida a reforma fiscal

Grupo México, la mayor empresa minera del país, propuso una reforma fiscal que mejore la recaudación en el sector y promueva las inversiones nacionales y extranjeras, teniendo como referentes los esquemas que operan en Chile, Perú y Australia.

MAG Silver Reports 2012 Annual Results and Personnel Changes

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2012. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR ( or on EDGAR ( All amounts herein are reported in United States dollars unless otherwise specified.

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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