Month: August 2013

Baja Mining Provides Update on Boleo Technical Report

Baja Mining Corp. has been advised by SRK Consulting Inc. that it is unable to provide the Company with a draft of the updated NI 43-101 technical report on the Boleo Project as previously anticipated due to the ongoing discussions between the mining department of Minera y Metalurgica del Boleo, S.A.P.I. de C.V., its geotechnical and mining consultants, and those of MMB’s senior lenders regarding certain key aspects of the Boleo mine plan on which consensus remains to be established. These parties continue to evaluate methods to optimize the underground mining, and determine the level of production from underground compared to open pit, the outcome of which may influence mining costs and project economics.

Scorpio Mining Reports Financial Results for its Second Quarter 2013

Scorpio Mining Corporation reports its financial and operating results for the second quarter ended June 30, 2013. This press release should be read in conjunction with the Company’s unaudited Financial Statements and Management’s Discussion and Analysis for the second quarter ended June 30, 2013, available on the Company’s website at www.scorpiomining.com and on SEDAR at www.sedar.com. All monetary figures are expressed in Canadian dollars unless otherwise specified.

Santacruz Amends Terms of San Felipe Agreement

Santacruz Silver Mining Ltd. is pleased to announce that its subsidiary, Impulsora Minera Santacruz S.A. de C.V. has successfully renegotiated terms to acquire a 100% interest in the San Felipe project and adjacent El Gachi property located near Hermosillo, Sonora, Mexico with Minera Hochschild Mexico S.A. de C.V.

First Majestic Reports Second Quarter Financial Results

First Majestic Silver Corp. is pleased to announce the unaudited interim consolidated financial results for the Company for the second quarter ending June 30, 2013. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.

Avino Retains Consulting Mining Engineer

Avino Silver and Gold Mines Ltd. today announced that it has retained Mr. Fred Sveinson, B.A., B.Sc., P.Eng as a consulting mining engineer. Mr. Sveinson will primarily provide input on major strategic decisions.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.