Day: October 2, 2013

DynaResource de Mexico Receives Permission for the Exploitation and Mining of San Pablo Mine Area of San Jose de Gracia

DynaResource, Inc. is pleased to announce that DynaResource de Mexico S.A. de C.V., the 100 % owner of the San Jose de Gracia Property in northern Sinaloa, Mexico, received on September 30, 2013 from the Secretaria de Medio Ambiente Y Recursos Naturales, the Federal Environmental Authority in Mexico, the approval and permission which allows for the exploitation and mining activities at the San Pablo Area of SJG. Under the terms of the Semarnat Exploitation Permit, DynaMexico will be restricted to conducting exploitation activities within the San Pablo Area of SJG (as defined in the Map of the San Pablo area as submitted to Semarnat).

Tarsis Resources Confirms High-grade Gold Values Thru Channel Sampling at Yago

Tarsis Resources Ltd. is pleased to announce exploration and assay results from its Yago gold-silver property, located in Nayarit State, Mexico.
During August 2013, a focused orientation was conducted at two historical locations referred to as La Tejona and La Sarda within the central and northern parts of the property, respectively. At both sites, previously reported vein zones were re-exposed and channel samples were collected using a diamond blade rock saw.

Sierra Metals Announces Dividend Reinvestment Plan And Third Quarterly Cash Dividend

Sierra Metals Inc. is pleased to announce its third quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company payable on October 31, 2013 to the holders of the issued and outstanding Common Shares as of the close of business on October 21, 2013. The Company is also announcing that it has adopted a dividend reinvestment plan effective immediately. Eligible shareholders may elect to participate in the Plan commencing with the third quarterly dividend announced today. Participation in the Plan is optional.

Excalibur: Minera Catanava to Acquire 100% of Pinos District Claims

Excalibur Resources Ltd. is pleased to announce that it has signed an Addendum to the September 22, 2010 Joint Venture Agreement whereby its 49% owned subsidiary Minera Catanava de C.V. will acquire 100% of the Pinos District mining claims held by its 51% partner Minera Apolo de C.V. in exchange for the forgiveness of the $2 million loan that Excalibur has provided to finance the construction and operations of the 150 tpd plant at Catanava. Apolo will receive 2 million shares of Excalibur upon the completion of the transfer of the mining claims, when signed, notarized and registered in the Public Mines Registry in Mexico City. Excalibur will also begin to pay rent of US$8,000 per month on the old tailings pond area for which the surface land title is held by Apolo, after Catanava begins to generate US$100,000 dollars per month in positive cash flow. Finally, Catanava agrees to increase the production output in the existing plant to a target of 600 tpd over the next three years.

Focus Arranges $1.2M Private Placement

Focus Ventures Ltd. is pleased to announce that it has arranged, subject to stock exchange approval, a non-brokered private placement financing of up to 10 million units at $0.12 per unit, for proceeds of up to $1.2 million. Each unit will consist of one common share and one-half of a warrant, each full warrant entitling the holder to purchase one additional common share of the Company at $0.18 for two years from closing.

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.

Nuestras responsabilidad con los clientes es ofrecer productos de calidad y una atención personalizada para las necesidades de cada uno de ellos. Así mismo, nuestro compromiso con la sociedad en México es cumplir con las medidas de seguridad recomendadas por la Secretaría de la Defensa para el manejo de materiales peligrosos.