Day: November 18, 2013

Almaden Infill Drilling on Main Zone, Hits 30.90 Meters of 3.35 g/t Au, 230.8 g/t Ag (8.0 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. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):

Cardero Receives Delisting Notification from the NYSE MKT

Cardero Resource Corp. reports that it has received a Notice of Intent to File Delisting Application from the NYSE MKT LLC. The Notice states that the Company remains not in compliance with certain of the NYSE MKT continued listing standards as set out in Part 10 of the NYSE MKT Company Guide and that the NYSE Regulation, Inc. intends to file a delisting application for the Company’s common shares with the US Securities and Exchange Commission pursuant to Section 1009(d) of the Company Guide. The NYSE MKT determined that the Company has not made sufficient progress consistent with the plan filed by the Company with the NYSE MKT addressing how it intended to regain compliance with Sections 1003(a)(iv) and (f)(v) of the Company Guide as accepted by the NYSE MKT on August 9, 2013 (see NR13-19, August 14, 2013).

Pan American Silver’s Board approves fourth dividend of 2013 in the amount of $0.125 per share

Pan American Silver Corp.’s Board of Directors has approved the fourth quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 4.9% based on the Company’s closing share price on NASDAQ on November 13, 2013.

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.

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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.