Month: December 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.

Silver Bull Clarifies PEA Disclosure

Silver Bull Resources, Inc. announced today that as a result of a review by the British Columbia Securities Commission, Silver Bull is issuing the following news release to clarify its disclosure.

Lucky Minerals Inc : Corporate Update – Option Agreement Addendum for Vianey Mine Project

Lucky Minerals Inc. announces that an addendum to the Option Agreement dated effective November 28, 2013 has been agreed upon whereby the Company’s second payment has been extended and blended into the third payment due June 1, 2014 and further, the Company may elect to issue common shares in its capital in lieu of cash payments, to complete the acquisition.

Vendome Resources Announces Extension of Warrants

Vendome Resources Corp. is pleased to announce the TSX Venture Exchange has consented to an extension in the expiry date for 5,165,166 share purchase warrants, that were set to expire on December 6th, 2013. The new expiry date is June 6th, 2015, at an exercise price is $0.30.

Corex Gold (V.CGE) up 25% on drilling results

Corex Gold Corp. (TSX: V.CGE, Stock Forum) rose 25% to 7.5 cents after the exploration junior announced results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a subsidiary of Vale S.A. (NYSE: VALE, Stock Forum).This first hole of a 4,000 metre first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the company’s Santana property, Sonora, Mexico. Hole SNT-DH0001 intersected 49 metres averaging 1.50% copper, 0.37 grams per tonne gold and 97.49 grams per tonne silver.

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.

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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.