Day: June 24, 2013

Oroco Shareholders Approve Cerro Prieto Acquisition by Goldgroup

Goldgroup Mining Inc. is pleased to announce that the requisite majority of Oroco Resource Corp. shareholders have voted in favor of the binding agreement pursuant to which Goldgroup will acquire the Cerro Prieto Project from Oroco. Completion of the transaction is subject to regulatory approval as well as standard closing conditions.

Goldcorp’s Penasquito Mine Files Claim

Goldcorp Inc. announced that one of its mines, Minera Penasquito, filed a claim in the First District Court in Zacatecas that resulted in temporary suspension of an agrarian court ruling.

Guerrero Exploration Updates Status of Drill Permit Application at Cerro Azul Property in Guerrero, Mexico

Guerrero Exploration Inc. announces that the complete drill permit application, including the long form of the environmental report, was submitted to the Ministry of the Environment for its Cerro Azul Property in Guerrero, Mexico. The governmental authority confirmed receipt of the application and has indicated that all documents are in order and have initially been accepted, including the required newspaper publications of the Company’s and its JV Partner’s intentions to drill in the project area.

Evrim Resources Corp.: Drilling, Geophysical and Geochemical Program Approved at Suaqui Verde

Evrim Resources Corp. is pleased to announce that exploration partner First Quantum Minerals Ltd. has approved additional geophysics and drilling on the Company’s wholly owned Suaqui Verde project in Sonora, Mexico. The Suaqui Verde project comprises 65 square kilometres of prospective ground within the Sonora copper-molybdenum porphyry belt, approximately 130 kilometres southeast of Hermosillo.

U.S. Antimony Announces Agreement on Wadley

United States Antimony Corporation reported it has a lease on the San Jose Antimony Mines in San Luis Potosi, Mexico. USAC will lease the mine for a period of one year with renewal rights. During the first six months that started on June 20, 2013, the rental is $25,000 per month and thereafter it is $30,000 per month. The lease includes the mining concessions, mining equipment, the mill, and the infrastructure including a man-camp, assay lab, hospital, administrative office, railroad siding, shop, and warehouses. USAC has received a letter from the mine owner authorizing the company to commence operations at the Mines. The parties intend to memorialize the lease in a definitive agreement by the end of next week.

DynaResource, Inc. Acquires Majority Interest in DynaResource de Mexico S.A. de C.V.

DynaResource, Inc. is pleased to announce that it received on June 21, 2013, 300 Shares of Series B Variable Capital Shares of DynaResource de Mexico S.A. de C.V. in exchange for the settlement of accounts receivable from DynaMexico in the amount of $31,090,710 Mexican Pesos (approximately $2.4M USD). After the issuance and receipt of the 300 Series B Shares, DynaUSA holds 80% of the total outstanding Capital of DynaMexico. DynaMexico owns 100% of the San Jose de Gracia Project in northern Sinaloa, Mexico.

Prospero Silver Acquires “Pachuca Se” Project, Hidalgo State, Mexico

Prospero Silver Corp. is pleased to announce that it has acquired by staking the 7,256 hectare Pachuca SE project located 24km southeast along strike of the historic veins of the Pachuca-Real del Monte mining district (Figure 1). This new project acquisition is part of a systematic exploration program in the Mexican Altiplano and reflects Prospero’s strategy of creating value as a Mexico-focused project generator. Pachuca SE will be added to the Company’s portfolio of 100% owned projects available for joint venture.

Oretest is a mining exploration drilling contractor based in Mazatlán, Sinaloa, México. The company is managed by Bart Forsyth, with 36 years of extensive drilling experience on most continents with major companies. The company takes great pride in providing high-quality services while making safety a priority. Maintenance, cleanliness, precision and proper drilling habits makes a good safety environment and produces results.

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