Day: November 14, 2013

El Tigre Silver to Proceed on Silver and Gold Tailings Recovery Project in Sonora, Mexico

El Tigre Silver Corp. is pleased to announce it has elected to exercise its option pursuant to an option agreement with Martin Lopez Lauterio to exploit the extensive surface tailings which resulted from the former Lucky Tiger Combination Gold Mining Company mine in the Sierra El Tigre. The tailings are located on the concessions that are part of El Tigre’s 215 square kilometre concession ownership in Sonora, Mexico.

Invecture Reminds Shareholders of Kimber to Tender Their Shares to the Offer

Invecture Group, S.A. de C.V.(“Invecture”) wishes to remind the shareholders of Kimber Resources Inc. (“Kimber”) (TSX: KBR) that Invecture’s all-cash offer to acquire all of the issued and outstanding common shares of Kimber, other than any common shares owned directly or indirectly by Invecture (the “Offer”), will expire at 5:00 P.M. (EST) on November 15, 2013 (the “Expiry Time”). The board of directors of Kimber has recommended that Kimber shareholders tender their common shares to the Offer. All Kimber shareholders who have not yet tendered their common shares are urged to do so before the Expiry Time.

Almaden Infill Drilling Confirms High-Grade Chemalaco Zone, Hits 30.50 Meters of 1.55 g/t Au, 69.8 g/t Ag (2.9 g/t AuEq) at Ixtaca, Mexico

Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. Almaden has commenced an infill drilling program with two of the three rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. At the same time one drill rig is focussed on step out drilling to expand the resource. The holes announced today show the continuity of high-grade gold silver veining in the north-south Chemalaco zone defined with previous drilling. Highlights from the holes released today include the following intercepts:

SilverCrest Reports Q3, 2013 Financial Results Cash Flow from Operations of $7.1 million ($0.07 per share) Net Earnings $3.71 million ($0.03 per share)

SilverCrest Mines Inc. is pleased to announce its financial results for the third quarter ended September 30, 2013. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2013 and associated management discussion and analysis (¡°MD&A¡±) which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.

UC Resources Enters Into Strategic Relationship Negotiations With Sunvault Energy For Power Generation & Storage

UC Resources has entered into negotiations to define a strategic relationship with Sunvault Energy Inc. for the provision of power and energy storage at their La Yesca facility. The Company has experienced continual seasonal power interruptions that have caused mill operations at La Yesca to be intermittent. Ensuring power stability will better enable consistency in mill flow operation.

Mercator Minerals Reports Third Quarter 2013 Results

Mercator Minerals Ltd today announced its financial and operating results for the three month and nine month period ended September 30, 2013. For the third quarter 2013, the Company reported revenues of $49.4 million, an operating loss of $3.5 million before asset impairment charge*, a net loss of $151.9 million ($0.48 per share, basic), or an adjusted net loss* of $7.9 million ($0.03 per share). Included in the net loss is $167.8 million (or $0.53 per share) non-cash accounting charge for the impairment of the El Creston project and Mineral Park mine.

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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.