Month: June 2013

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.

International Northair Mines Announces Adoption of Advance Notice Policy

International Northair Mines Ltd. announces that the board of directors of the Company has approved an Advance Notice Policy effective May 31, 2013. The Board of Directors adopted the Advance Notice Policy to ensure, among other things, that all of the shareholders are provided with sufficient notice of the proposed alternative nominees well in advance of the any shareholder and that all of the shareholders are given ample opportunity to vote on a fully informed basis.

Bacanora Announces Completion of Pilot Plant Construction and Commencement of Commissioning

Bacanora Minerals Ltd. is pleased to announce that construction of its pilot plant in Hermosillo, Mexico is complete and it is entering the commissioning phase. Commissioning is expected to take approximately two weeks. The pilot plant will initially be supplied with colemanite-bearing material excavated from the Company’s El Cajon borate deposit located near the town of Magdalena de Kino, Sonora, Mexico. Bulk sampling of approximately 2,000 tonnes of material from the El Cajon borate deposit has been completed to use as feed for the pilot plant.

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.