Month: September 2013

Argentum Extends the El Tajo Zone 375 Metres; New Valenciana Zone Returns Grades 1.2 m of 527 g/t Ag

Argentum Silver Corp. has received assay results from a recent trenching program on its 100% owned Coyote property in Jalisco, Mexico. Surface trenching has extended the main El Tajo vein for an additional 375 meters to the south along strike. Mineralization at the El Tajo vein remains open at depth and along strike to the south. The trenching also exposed 2 new zones on the La Valenciana vein, one over 350 metres in strikelength and a second over 600 metres in strikelength.

Invecture Group to Make C$0.15 Per Share Cash Offer for Kimber Resources

Invecture Group, S. A. de C. V. and Kimber Resources Inc. jointly announced today that the parties have entered into a support agreement, pursuant to which Invecture Group has agreed, subject to the terms and conditions of the Support Agreement, to make an offer to acquire all of the outstanding common shares of Kimber for C$0.15 in cash per share by way of a take-over bid.

DEFIANCE Executes Share Exchange Agreement

Defiance Silver Corp. has entered into a share exchange agreement with Global Resources Investments Ltd., an arm’s length party to Defiance. Under the agreement, Defiance will issue to GRIL 5,100,000 common shares at a deemed price of 0.10 per share.

Orex Announces Non-Brokered Private Placement

Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to $5,000,000. The Offering consists of up to 20,000,000 Units of the Company at a price of $0.25 per Unit. Each Unit will consist of one common share and one half of a transferrable common share purchase warrant. Each whole Warrant will be exercisable for one common share at $0.30 for a period of 24 months from closing.

Bearing Enters Into Venture Agreement On Its Pedro Project In Mexico

Bearing Resources Ltd. is pleased to announce that Minera BRG, S. A. de C.V., Bearing’s wholly owned subsidiary, has entered into a Venture Agreement with Newmont de Mexico, S.A. de C.V , a wholly owned subsidiary of Newmont Mining Corporation allowing Newmont to earn up to an 80% interest in Bearing’s 100% owned Pedro Property located near the town of Mapimi in northeast Durango State, Mexico.

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