Day: July 10, 2013

Mercator Minerals Reports Second Quarter 2013 Production Results

Mercator Minerals Ltd is pleased to announce that production for the three months ended June 30, 2013 from its wholly-owned Mineral Park Mine was 22.7 million pounds of copper equivalent*, comprised of 9.9 million pounds of copper in concentrates and cathode copper, 2.8 million pounds of molybdenum and 155.2 thousand ounces of silver.

International Northair Mines Ltd. Announces Proposed Private Placement and Strategic Investment from Coeur Mining Inc.

International Northair Mines Ltd. is pleased to announce that it intends to complete non-brokered private placements for proceeds of approximately C$1,500,000. Coeur Mining Inc. has entered into a letter of intent to purchase 9,600,000 common shares at a price of $0.14 and, in connection with this subscription to cancel all its outstanding warrants to acquire common shares of the Company.

Attractive Gold and Silver Results Received from Trenching on the Loma Verde and Santo Niño Structures, Coneto Project, Durango, Mexico

Orex Minerals Inc. is pleased to announce that the results from trench channel sampling along a 750 metres strike-length of Loma Verde and an 850 metres strike-length of Santo Niño structures have been received on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo plc, is managing the Coneto exploration program.

Levon Purchases Aida Claim at Cordero Project, Mexico

Levon Resources Ltd. is very pleased to announce that the Company has entered into an agreement to purchase a 100% interest in the Aida mining claim, located in a central part of the Cordero Project claim block. Acquisition of the Aida claim consolidates Levon’s 100% ownership of all mining claims in the Cordero mining district, and represents a significant step in the Company’s advancement of the Cordero Project. “We are very pleased that we were able to finalize a fair agreement on the Aida claim,” said Ron Tremblay, President and CEO of Levon.

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.