Month: May 2013

Goldcorp Declares Fifth Monthly Dividend Payment for 2013

Goldcorp Inc. is pleased to declare its fifth monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, May 16, 2013 will be entitled to receive payment of this dividend on Friday, May 24, 2013.

B.C. mining company wins $90-million award against former director

The case arose in relation to an opportunity to purchase a silver mine in Mexico in 2006. In First Majestic Silver Corp. v. Davila, the Supreme Court of British Columbia ruled on April 24 in favour of First Majestic Silver against Hector Davila Santos and Minera Arroyo Del Agua, S.A. de C.V.

Citation Provides Exploration Program Update

Citation Resources Inc. is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp.

Avino Reports Earnings for First Quarter of Commercial Production and Releases Year 2012 Financial Results

Avino Silver & Gold Mines Ltd. is pleased to announce that it has reported earnings for its first quarter of commercial production and released its audited consolidated financial statements for the 2012 fiscal year. (All figures are in Canadian dollars unless otherwise specified.) The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2012 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.

Citation Exploration and Financial Update

Citation Resources Inc. is pleased to announce the raising of $420,000 through the exercise of warrants prior to the expiration of all warrants on March 25, 2013. Citation has already satisfied its Biricu Project exploration expenditure requirements for calendar 2013 ($500,000) under its Option Agreement with Esperanza Resources Corp.

El Tigre Reports Continued Strong Assay Results from Stockwork Target

El Tigre Silver Corp. is pleased to report further assay results from the 2013 drilling program that was concluded on April 12, 2013. A total of 38 holes were completed and 4,862 metres drilled. This drill program is targeting a 1.2 kilometre stockwork zone on concessions that are part of the Company’s 431 square kilometre ownership in Sonora, Mexico.

Telson Resources Inc : Non-Brokered Private Placement

Telson Resources Inc. announces that it intends to conduct a non-brokered private placement of up to 7,000,000 units of the Company. The placement is expected to close in two or more tranches. Each unit is priced at $0.05 per unit, resulting in gross proceeds of up to $350,000 when fully closed. Each unit is comprised of one common share of the Company and one full share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.10 within one year of its date of issuance.

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.