Baja Mining Corp. has been informed by Minera y Metalurgica del Boleo, S.A.P.I. de C.V. that on May 10, 2013, Korea Resources Corporation contributed an additional US$65 million in construction funding to MMB.
VANE announces a production update from its gold and silver operations in Mexico which are operated by its wholly-owned subsidiary, Minerales VANE S.A. de C.V.
Mercator Minerals Ltd. today announced its financial results for the three months ended March 31, 2013. For the first quarter 2013, the Company reported revenues of $54.5 million, a gross profit of $0.5 million, and a net income of $1.8 million ($0.01 per share, basic) or an adjusted net loss* after excluding non-cash items of $9.0 million ($0.03 per share). Cash flow used by operations, before non-cash working capital changes, was $3.1 million. As at March 31, 2013, the Company had $25.6 million in cash and restricted cash on hand.
Tamino Minerals, Inc. is pleased to announce that their recent interview with Investment Feature has been posted to YouTube for shareholder accessibility.
Amex Exploration Inc. is pleased to announce that it has closed a first tranche in a non- brokered private placement in the amount of $367,000.00, through the sale of units priced at 1000$ each.
Virgin Metals Inc. announced today that, subject to TSX Venture Exchange approval, it is increasing its non-brokered private placement from $1,000,000 to $1,500,000. Efforts to complete this private placement remain ongoing.
Scorpio Mining Corporation reports its financial and operating results for the first quarter ended March 31, 2013. This press release should be read in conjunction with the Company’s unaudited Financial Statements and Management’s Discussion and Analysis for the first quarter ended March 31, 2013, available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.
Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The 2013 drill program is focussed on expanding the known resource immediately along strike to known mineralisation, adjacent to the current resource shell and within what is considered a potential pit shell. The drilling encountered a new vein zone east of, and parallel to, the main Northeast extension (Chemalaco) zone. Highlights from the holes released today include the following intercepts:
AuRico Gold (AUQ) Q1 2013 Earnings Call May 10, 2013 8:30 AM ET
Cayden Resources Inc. is pleased to announce that it has received initial gold values from its ongoing trenching programs at the El Barqueño property located in Jalisco State, Mexico. Highlights include 91 meters of 2.9 g/t Au, 40 meters of 1.8 g/t Au, 3 meters of 7.9 g/t Au and 10 meters of 2.1 g/t.
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