Day: June 12, 2013

Pan American Goldfields Ltd. Reports on Results of a Preliminary Economic Assessment for the Cieneguita Gold-Silver Project, Mexico

Pan American Goldfields Ltd. is pleased to announce the results of a Preliminary Economic Assessment on its 80% owned Cieneguita gold-silver project located in Chihuahua State, Mexico. The PEA was prepared by M3 Engineering and Technology Corporation and utilizes a resource model developed by Independent Mining Consultants, Inc., both based in Tucson Arizona. The PEA confirms that the Cieneguita project represents an exceptional opportunity to develop a highly economic, relatively low-cost mine in the prolific Sierra Madre gold and silver belt in Mexico. The complete PEA will be filed at SEDAR within 45 days. All costs are in US Dollars.

Galore Announces Up to $750,000 Financing and Plans for Further Exploration at Dos Santos

Galore Resources Inc. announces a non-brokered private placement of up to 15 Million units at a price of 0.05 per unit to raise gross proceeds of up to 750,000. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of 0.10 per share for a period of two years from the date of closing of the financing.

Goldgroup’s Shareholders Appoint Four New Directors and Adopt Advanced Notice Policy

Goldgroup Mining Inc. is pleased to announce that the Company’s shareholders elected Mr. Gabino Fraga Peña, Mr. Enrique A. Peralta, Mr. Javier Reyes and Mr. Donald R. Siemens as new directors to the Board of Directors at its 2013 Annual and Special Meeting of shareholders held in Vancouver on June 11, 2013. The Company is also pleased to announce that Keith Piggott, the Company’s largest shareholder and Director, has been appointed Chairman of the Board. Goldgroup’s board now consists of the following members: Keith Piggott, Hans von Michaelis, Gabino Fraga Peña, Enrique A. Peralta, Javier Reyes, Gregg J. Sedun, Donald R. Siemens and Corry J. Silbernagel.

México producirá el doble de oro

Crecerá 106% al final de esta década: Macquiare.

El banco australiano y Chesapeake Gold anticipan el alza tomando en cuenta los proyectos anunciados

Alta Vista Ventures Reports the Return of the Orofino Project

Alta Vista Ventures Ltd. is pleased to report that it has terminated the Option Agreement with Overlord Capital Corp. for the 7,979 hectare (79.8 km²) Orofino Property, located 135 km southeast of Hermosillo, Sonora. The property has now returned 100% to Alta Vista.

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.

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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.