Month: May 2013

Bacanora Announces Board, Management Changes

Bacanora Minerals Ltd. is pleased to announce the appointment of two new directors to its board: Mr. Guy Walker of Wellington, New Zealand and Mr. Martin Fernando Vidal Torres of Hermosillo, Mexico. In order to create the necessary vacancies to effect these two appointments, Mr. Raymond Hodgkinson has resigned his position as a director of the Corporation, but will continue as an advisor and consultant to the Company. In addition to changes at the board level, the following changes have been made to officer roles within Bacanora: Mr. Martin Vidal has been appointed as President of the Company, Mr. Shane Shircliff has been appointed Chief Executive Officer of the Company and Mr. Paul Conroy has resigned as President and CEO, and has been appointed to the newly created office of Vice President, Special Projects.

NWM reports a loss of $145,529 for Q1. 2013

NWM Mining Corporation reports a net loss of $145,529 for the quarter ended March 31, 2013. The profit from operations before unrealized non cash foreign exchange losses and income taxes was $534,471. All amounts are presented in Canadian dollars unless otherwise noted.

Aurcana Board Update

Aurcana Corporation wishes to report that it has accepted the resignation of Ken Collison from the Board of Directors. The Board of Directors would like to thank Mr. Collison for his services to the Company and wish him success in his future endeavors.

Se reúnen integrantes del Clúster Minero de Zacatecas

Fresnillo, Zacatecas.-Gracias a los trabajos coordinados del Gobierno del Estado, empresas mineras y proveedoras, así como de instituciones educativas, el Clúster Minero de Zacatecas tiene resultados exitosos, señaló Jaime Lomelín Guillen, presidente de dicha organización empresarial.

Great Panther Announces Management Change

Great Panther Silver Limited today announced that Mr. Robert Archer, co-founder and CEO of Great Panther, will resume the role of President and CEO upon the resignation of Mr. Martin Carsky, President, effective immediately. Mr. Carsky has resigned for personal reasons but has agreed to remain as a consultant to the Company for a few months to assist with the transition of responsibilities.

Valley High Mining Executes Agreement to Acquire Mining Lease in Mexico

Valley High Mining Company today announced that it has executed an agreement with Grupo Bernas SA de CV, Manzanillo, Colima, Mexico, to acquire the exclusive rights to develop, explore and produce mineral revenue on a mining lease held by GIUV to process the existing tailings piles located on the property. The property is located between Puerto Vallarta and Acapulco near Manzanillo. The agreement provides for VHMC to perform due diligence on this property over the next ninety (90) days for the purpose of taking samples for assaying and removing tailings for refining tests. VHMC has issued 100,000 shares of its common stock into trust as partial consideration for this acquisition. These shares will be released following the completion of the due diligence activities if the Company elects to proceed with development of the property. If and when the property begins production, the Company will also pay an 8% net revenue interest.

Arianne Resources Officially Becomes Arianne Phosphate Inc.

Arianne Phosphate Inc. is pleased to announce the election of directors as listed in the information circular dated May 6, 2013. During the annual & special general assembly of shareholders held in Montreal, Québec on May 29, Messrs. James Cowley, Luc Boivin, Marco Gagnon, David J. DeBiasio, Guthrie J. Stewart and Siva Jothie Pillay were elected to the Board of Directors.

Colibri Reports on Soil Sampling Program at Evelyn Gold Project in Caborca, Sonora, Mexico

Colibri Resource Corporation is pleased to provide an update of exploration activities at the 506 hectare Evelyn Gold Project, near the town of Caborca in Sonora, Mexico. Evelyn is located approximately 13 kilometres to the northeast of the Noche Buena Gold Mine (Minera Penmont JV – Fresnillo PLC 56%, Newmont USA Ltd. 44%), and about 20 kilometres to the northwest of the Company’s Colibri/Pitaya Gold Project. The conceptual target at Evelyn is orogenic-style gold mineralization, similar to other projects in the Caborca area. The project has small scale historic artisanal gold workings on northeast and northwest-trending vein structures in altered and locally schistose volcanic host rock.

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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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.