Month: August 2013

Starcore Posts Record Quarter

Starcore International Mines Ltd. announces production results for the fourth quarter of the fiscal year ending July 31, 2013, at its San Martin Mine in Queretaro, Mexico.

MAG Silver Reports Second Quarter Financial Results

MAG Silver Corp. announces the Company’s unaudited financial results for the three and six months ended June 30, 2013. For complete details of the second quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Levon to Continue Cordero Project Phase 4 Drilling in September 2013

Levon Resources Ltd. is pleased to announce the continuation of Phase 4 drilling at it’s wholly owned Cordero bulk tonnage Ag, Au, Zn, Pb project, Chihuahua State, Mexico, 35 kilometers northeast of Hildalgo Del Parral, Chihuahua State, Mexico. An initial 14,000 metres of core drilling has been contracted with the goal of expanding the current resource into the Aida claim (16 hectares), which is located in a central portion of the current NI 43-101 Cordero resource. The drilling is scheduled to begin in September 2013 with new, state of the art drills.

Fortuna intercepts 487 g/t Ag and 4 g/t Au over 8.2 m at Trinidad North discovery, San Jose Mine, Mexico

Fortuna Silver Mines Inc. is pleased to report results for twelve additional surface drill holes at the Trinidad North high-grade silver-gold discovery at the San Jose Mine in Mexico. With the exception of drill hole SJO-304, the reported drill holes are generally positioned to define the approximate limits of the Trinidad North ore shoot. The ore shoot remains open to depth and to the north with drilling from underground stations projected to start in early September.

Pan American Silver’s Board approves third dividend of 2013 in the amount of $0.125 per share

Pan American Silver Corp.’s Board of Directors has approved the third quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.6% based on the Company’s closing share price on August 14, 2013.

Silver Wheaton declares third quarterly dividend payment for 2013

Silver Wheaton Corp. is pleased to announce that its Board of Directors has declared its third quarterly cash dividend payment for 2013 of US$0.10 per common share. The quarterly dividend will be paid to holders of record of its common shares as of the close of business on August 30, 2013, and will be distributed on or about September 12, 2013.

Bacanora Completes First Phase Drill Program on Joint Venture Lands and Provides Updated Drill Results (Holes ES-02 to ES-04)

Bacanora Minerals Ltd. is pleased to announce the completion of the 10 hole, 1,476 metre drill program on the Fleur and El Sauz concessions in northern Mexico. The two concessions form the lands under joint venture with Rare Earth Minerals PLC. In addition, the Company is pleased to announce further significant lithium-bearing intervals from the analytical results of core samples taken from diamond drill holes ES-02, ES-03 and ES-04, as well as the clay intercepts in the remaining holes.

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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.