Month: September 2013

VVC Exploration-Update on Acquisition of Shares of Camex

VVC Exploration Corporation is pleased to announce that, further to its news release of August 2, 2013, announcing shareholder approval in respect of the acquisition by VVC of all issued and outstanding shares of Camex Mining Development Group Inc. at the annual general and special meeting of shareholders of the Company held on July 30, 2013, the parties are in the process of gathering signatures on all required closing documents as well as finalizing the definitive documentation to be submitted to the TSX Venture Exchange.

Starcore International Mines Ltd.: Corporate Update

Having just announced its debt-free status after repaying the outstanding amount of $3.86 million on its credit facility, Starcore International Mines Ltd. reports on the current status of the Company:

SilverCrest Reports Additional Drill Results at Santa Elena Mine; Another Discovery & More High Grade Intercepts, 15 metres @ 4 gpt Au & 243 gpt Ag including 2 metres @ 17.5 gpt Au & 664 gpt Ag

SilverCrest Mines Inc. is pleased to announce further results of delineation drilling at the Santa Elena Mine in Sonora, Mexico. A total of 181 core and RVC holes were completed in this program of which 134 holes were utilized in the recently announced “Santa Elena Pre-Feasibility Study and Update Reserve Technical Report”. Results for the remaining 47 holes reported in this news release were not available for inclusion in the revised Reserves and Resources for the Technical Report. The results show further expansion of the Santa Elena Deposit which is still open latterly and to depth. Several of these reported holes identified additional high grade intercepts, expanded the recently discovered El Cholugo and El Cholugo Dos Zones, and also discovered a new zone called “Tortuga”.

Aura Silver Files Amended NI 43-101 Report for Taviche Project, Mexico

Aura Silver Resources Inc. announces that as a result of a review by staff of the Ontario Securities Commission, the Company is issuing this news release regarding our disclosure on the Taviche Project, Mexico and the filing of certain amendments to the Company’s National Instrument 43-101 technical report entitled Taviche Project, Resource Estimate & Preliminary Economic Assessment for the Higo Blanco Project, Oaxaca, Mexico (the “NI 43-101 Report”) dated September 28, 2011 and prepared by Geoffrey S. Carter, an independent qualified person under NI 43-101. The NI 43-101 Report was originally filed on SEDAR on November 16, 2011.

Azure Minerals Limited : Cascada 3D model

Azure Minerals Limited is pleased to advise that it is now using Corebox.net to provide shareholders and investors with a visual three dimensional (3D) representation of all drill holes and results on the Cascada prospect area.
The online tool allows viewers to visualise where mineralised drill intercepts are located in 3D relative to other Azure drilling in order to understand their relationships and significance. This interactive, user-friendly interface allows users to view the entire model, which can also be rotated, zoomed in and viewed on plan and by individual section, with details of all mineralised zones.

Stroud Announces Closing of Private Placement

Stroud Resources Ltd. announced that it has raised $138,000 in its previously announced non-brokered private placement of units. Stroud has issued and sold 6,900,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant entitles the holder to acquire one common share at a price of $0.05 until August 30, 2014 and thereafter at a price of $0.10 until August 30, 2015. All securities issued pursuant to the private placement are subject to a 4-month hold period. One insider of Stroud participated in the private placement purchasing 1,250,000 units. Directors of Stroud not participating in the private placement have approved the transaction.

Kootenay Announces Drilling to Commence on Promontorio – Program to Target New High-Grade Zone between Pit and NE Zones

Kootenay Silver Inc. is pleased to announce the next phase of drilling on its flagship Promontorio Silver Project in Sonora, Mexico is scheduled to officially commence Sept 12, 2013. The Company will conduct a minimum of 5,000 meters of drilling in the current phase, as part of its ongoing, multi-phase, 2013 drill and resource expansion program on Promontorio. Core drilling will focus on a series of high-grade silver intercepts recently identified within a new breccia zone of silver mineralization situated between the Pit and NE Zones.

Bacanora Announces Staking of New Contiguous Lithium Claims

Bacanora Minerals Ltd. is pleased to announce that it has staked an additional concession over an aggregate of 900 hectares of ground adjacent to its existing La Ventana concession and a further three concessions over an aggregate of 2,020 hectares on lands which adjoin the El Sauz and Fleur concessions. With the addition of the La Ventana 1 concession, total acreage under concessions owned 100% by Bacanora (being La Ventana, La Ventana 1 and San Gabriel) now totals 3,290 hectares. With the addition of additional acreage adjoining the El Sauz and Fleur Concessions (all of which is subject to the joint venture between the Company and Rare Earth Minerals Plc. pursuant to which REM has an option to earn up to a 49.9% interest), the total acreage under the Joint Venture Lands now totals 5,325 hectares. To date, REM has earned a 10% interest in the Joint Venture Lands and has provided notice of its intention to increase its interest in the El Sauz and Fleur Concessions to 30%.

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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.