Month: December 2013

Exeter Provides Exploration Update at La Buena

Exeter Resource Corporation is pleased to announce an update of exploration activities at the La Buena property in northern Zacatecas state, Mexico. La Buena is an 8,500 hectare property, located 9 km north of Goldcorp’s Peñasquito mine. Since mid-September, initial diamond drilling and a recently completed gravity survey have built on previous work that outlined geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Peñasquito and Camino Rojo, have identified additional prospective drill targets.

Cangold Extends Warrants

Cangold Limited is extending the expiry date of 2,180,000 Series P share purchase warrants (“P Warrants”) that are set to expire on December 20, 2013, to December 20, 2014. These warrants were originally issued on December 21, 2009.

Agave Silver Corp. Closes Second Tranche of Private Placement Financing; Provides Update on Kaslo Property; Announces Intention to Attain Flow Through Financing

Agave Silver Corp. is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement for total proceeds (including proceeds from the first tranche of the Private Placement) of $1,030,000. The Private Placement was entirely subscribed by insiders, directors and officers of the Company.

San Marco Resources Reports Exploration At La Buena Project In Mexico Continues To Outline Discovery Potential

San Marco Resources Inc. and, Exeter Resource Corp. continue to explore the Company’s 8,500 hectare La Buena property, located 9 km north of Goldcorp’s Penasquito mine in northern Zacatecas State, Mexico. Initial diamond drilling and a recently completed gravity survey builds on previous work that outline geological, geochemical and geophysical similarities to other mineral deposits in the area. Results from this recent phase of exploration, which continue to support a model similar to Penasquito and Camino Rojo, have identified additional prospective drill targets.

Kimber Announces Agreement to Proceed With Subsequent Acquisition Transaction

Further to its press releases dated November 15, 2013 and November 21, 2013, Kimber Resources Inc. is pleased to announce that the Company has entered into an arrangement agreement with Invecture Group, S.A. de C.V. pursuant to which Invecture has agreed to acquire all of the common shares of Kimber not already owned by Invecture or its affiliates by way of a plan of arrangement under section 288 of the Business Corporations Act (British Columbia).

Excalibur Begins Development of New High-Grade Natas Gold Vein at the Catanava Property

Excalibur Resources Ltd. is pleased to report sample results from the recently initiated development of the Natas Vein at its 49% Catanava Property (60% pending the closing of October 8, 2013 deal with Minera Apolo), after recent work in the mine confirmed the continuity of high-grade gold-silver mineralization in this area. This vein is exposed at surface less than 100 meters east of the plant and will be connected with the southwest extension of the Camino adit. It was first mapped and sampled in 2012 by the Company with good results.

Goldcorp declares twelfth monthly dividend payment for 2013

Goldcorp Inc. is pleased to declare its twelfth monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, December 12, 2013 will be entitled to receive payment of this dividend on Friday, December 20, 2013.

NWM Updates Status of Previously Announced Debt Extension, Now Extended to January 31, 2014

NWM Mining Corporation announces that it has extended the due date of the current debt outstanding from November 30, 2013 to January 31, 2014. The extension provides a further two months (see the Company’s press releases dated October 31 and October 1, 2013) for the ongoing negotiations to be concluded with the Company’s lender (Renvest Mercantile Bancorp through its Global Resources Fund), as set out in the Company’s press release dated June 14, 2013. All other terms as were announced previously remain in place including the September 30, 2014 maturity date for the amended and restated credit agreement.

Cortez Gold Corp.: Debt Facility Under Negotiation

Cortez Gold Corp. reports that it is negotiating a debt facility for Cdn$2 million with various European financiers. The Company hopes to finalize the Loan with a 24-month term, with no payments required until after the 18th month following the effective date of disbursement of the Loan funds. After the 18th month, a payment of interest only will be due and payable (covering interest for the 18 months that the Loan will have been outstanding), and interest payments shall continue thereafter on a monthly basis until the end of the term. At the end of the term, the principal amount plus any outstanding interest will be due and payable.

Drilling Commences at Cascada & Porphyry Copper Targets

Azure Minerals Limited is pleased to announce diamond drilling is underway at the Cascada copper prospect and associated porphyry copper targets on the Promontorio Project located in the state of Chihuahua, Mexico.

Santacruz Silver Provides Update on Third Quarter 2013 Operations

Santacruz Silver Mining Ltd. reports on its operations for the third quarter ending September 30, 2013. The Company’s financial statements and accompanying management discussion and analysis can be viewed on the Company’s web site at or on SEDAR at

Avino Reports Q3, 2013 Net Earnings of $938,694 “$0.03” Per Share and Cash Flow from Operations of $1,581,663 “$0.06” Per Share

Avino Silver and Gold Mines Ltd. is pleased to report 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 Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2013 and associated management discussion and analysis (“MD&A”) which are available on the Company’s website at and under the Company’s profile on SEDAR at

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