Day: December 16, 2013

Almaden Infill Drilling on Main Zone, Hits 17.75 Meters of 2.62 g/t Au, 91.1 g/t Ag (4.4 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.

Osisko completes long-term debt renegotiation

Osisko Mining Corporation is pleased to announce that it has completed the final agreements with CPPIB Credit Investments Inc., a wholly-owned subsidiary of the CPPIB Investment Board, the Caisse de dépôt et placement du Québec and Ressources Québec, a subsidiary of Investissement Québec, to modify certain terms of its long-term debt facilities.

Gold Resource Corporation’s Aguila Mill Expansion Complete

Gold Resource Corporation announces the on time completion of its El Aguila mill expansion. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $91 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

VVC Exploration Arranging Financing

VVC Exploration Corporation announces having arranged a debt financing with Palos Merchant Fund LP. in the amount of $50,000 which bears interest at 15% per year and is secured by a Promissory Note and 5 million shares of the Company held by the Company’s subsidiary, Camex Mining Development Group Inc. Palos is a significant shareholder of VVC holding 32,706,922 shares of the Company.

Source Exploration Corp. Announces Finder´s Fee Commission in Connection with Offering

Source Exploration Corp. announces that in connection with its previously announced non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.075 per Unit for gross proceeds of up to $375,000, the Company will pay a finder’s fee to certain arm’s length parties of up to 6% of the gross proceeds of the Offering that are sold to subscribers introduced by such parties, payable in cash or common shares of the Company, in consideration for their efforts in introducing subscribers to the Company. The finder’s fee payments are subject to the approval of, and will be made in accordance with, the rules of the TSX Venture Exchange.

Alta Vista Receives Approval for First Tranche of Private Placement

Alta Vista Ventures Ltd. is pleased to announce that final approval has been received from the TSX Venture Exchange for the first tranche of its previously announced non-brokered private placement in the Company at a price of $0.05 per Unit. The first tranche is 1,280,000 Units for gross proceeds of $64,000. A unit consists of one common share and one non-transferable common share purchase warrant valid for two years. Each warrant will entitle the holder to purchase one additional common share at a price of $0.075 for the first year and $0.10 for the second year. The warrants will expire on December 11, 2015. The shares forming part of the units and the shares acquired on exercise of the warrants are subject to restrictions on resale until April 12, 2013.

Great Panther Silver Announces Results of San Ignacio Surface Drilling

Great Panther Silver Limited today announced surface drilling results from its 100% owned San Ignacio Project in Guanajuato, Mexico. San Ignacio is currently in development with production expected to commence in the first half of 2014. The surface drilling comprised 13 holes totaling 1,144 metres and was focused on the upper 80 metres of the Intermediate Vein in order to define the top of the epithermal system and to better guide the first two years of development.

U. S. Antimony Reports Increased Mexican Production

United States Antimony Corporation estimated that Mexican production of contained antimony metal for 2013 will be 663,559 pounds compared to 372,046 for 2012, an increase of 78%. Overall sales for 2013 are estimated at 1,621,990 pounds of contained antimony metal compared to 1,423,279 for 2012, an increase of 14%.

Scorpio Mining Receives Final Permit to Proceed with Development of the Underground El Cajón Mine in Mexico

Scorpio Mining Corporation is pleased to announce that the Secretariat of Environment and Natural Resources (SEMARNAT) for the State of Sinaloa, Mexico, has approved the application for the Change of Use of Soil submitted by its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., pertaining to the development of underground mining operations at the El Cajón Project, located in the Cosalá Norte District.

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.

All News

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.