Month: January 2014

NWM Announces Further Debt Extension to April 30, 2014 ; Provides Financing and Production Update

NWM Mining Corporation announces that it has extended the due date of the current debt outstanding from January 31, 2014 to April 30, 2014. The extension provides a further three month extension for the ongoing negotiations to be concluded with the Company’s lender (Renvest Mercantile Bancorp through its Global Resource Fund), as set out in the Company’s press release dated June 14, 2013.

Newstrike Capital Retains Minera IR to Provide Investor Relations Services

Newstrike Capital Inc. announces that it has employed Patrick Piette of Minera IR as Manager of Investor Relations. Mr. Piette will be responsible for marketing and shareholder communications as well as the development and implementation of a strategic investor relations program, which includes enhancing the Company’s exposure among industry stakeholders and investors across Canada.

Azure Minerals – Quarterly Activities Report for Period Ended 31 December 2013

This has been a busy period with the Company continuing to make significant progress on its flagship Promontorio Project. During the Quarter, an Induced Polarization (“IP”) survey and a follow-up diamond drilling program focused on further investigating the exciting Cascada deposit and testing a porphyry copper target.

Pan American Silver increases silver reserves at the La Colorada mine and files NI 43-101 report for mine expansion on SEDAR

Pan American Silver Corp. – After another year of successful exploration, the La Colorada mine in Zacatecas, Mexico increased its proven and probable silver mineral reserves to 81.4 million ounces, an increase of 26% compared to the year before. Net of 2013 silver production, the mine added an estimated 16.7 million ounces of new silver reserves during the year. The updated mineral reserve and resource estimate for La Colorada as of December 31, 2013 is as follows:

Goldcorp responds to Osisko Circular and legal proceedings

GOLDCORP INC. today responded to assertions and claims made by Osisko Mining Corporation in its Directors’ Circular and legal proceedings, both filed on January 29th, concerning Goldcorp’s offer to acquire the outstanding shares of Osisko.

Monarchy Resources Announces Private Placement Financing

Monarchy Resources is pleased to announce a non-brokered private placement up to 6,000,000 shares of common stock of the Company at a price of $0.10 per share for gross proceeds of $600,000. The shares will be restricted shares and therefore subject to certain holding requirements pursuant to Rule 144 of the Securities Act of 1933. The Company will announce the total proceeds raised upon completion of the private placement.

Drilling increases size of Mexican Lithium Project.

Rare Earth Minerals PLC is pleased to announce that the current drilling programme has significantly increased the potential size of the Fleur-El Sauz Lithium Project in Northern Mexico. Drilling is continuing.

Drilling Underway At Maijoma Project

Camino Minerals Corporation is pleased to announce that drilling is underway at the Maijoma Project located in Chihuahua State, Mexico. This is the first ever drill program to be carried out at Maijoma, which is prospective for the discovery of a zinc-lead-silver carbonate replacement deposits and skarns. Camino plans to drill a minimum of four holes in the 1,000 metre reverse circulation drill program.

Bacanora Provides Stage 2 Drilling Update for Fleur And El Sauz and Announces Construction of a Pilot Plant for Sonora Lithium Project, Mexico

BACANORA MINERALS LTD. is pleased to announce that its Stage 2 drilling program on the Fleur and El Sauz concessions in northern Mexico continues and is nearing completion. The Company has received analytical results from an additional 7 holes, in addition to the 6 holes previously announced, of the Stage 2 drill program. Furthermore, Bacanora has commenced construction of a pilot plant to refine the metallurgical treatment process for the overall Sonora Deposit.

VVC Exploration Announces Signing of a $4 Million Loan Facility Term Sheet

VVC Exploration Corporation is pleased to announce that as a part of a potential debt financing effort discussed in a December 30, 2013 press release, it has received and signed a Termsheet between Aeris Trading Corp. (a Joint Venture Company between Alexander Capital Equity Group and Alpha Trading LLC.), and Camex Mining Development Group Inc., a wholly owned subsidiary of VVC Exploration Corporation.

Freyja Resources Complete Phase One of Exploration Program at Las Cristinas

Freyja Resources Inc. announced today that it has completed the first phase of its exploration program on its recently acquired Las Cristinas copper/silver project located in Northeastern Chihuahua State, Mexico. More specifically, the first phase of the exploration program focused on the Southern end of the Property and on the following priorities:

Amarium Achieves Breakthrough Production Revenues in the 4th Quarter

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., recorded Company high net earnings in the 4th quarter ending December 31, 2013, of $578,004 over the 3rd quarter results of $392,034, representing a 47% increase in net revenue from Q3 to Q4.

Gold Resource Corporation Declares January Monthly Dividend

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for January 2013 payable on February 25, 2013 to shareholders of record as of February 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

DynaResource, Inc. Appoints Mr. David S. Hall, CPA to the Position of Executive Vice-President and Chief Financial Officer

DynaResource, Inc. announce the appointment of Mr. David S. Hall, CPA to the position of Executive Vice-President and Chief Financial Officer of DynaUSA. Mr. Hall was formerly the owner and CEO of the Hall Group CPA’s, a certified public accounting and auditing firm in Dallas, Texas, which served as the public auditing firm for DynaUSA since 2004. In order to accept the appointment with DynaUSA, Mr. Hall has resigned from and has disassociated himself from the Hall Group firm. In addition, Mr. Hall has contributed the sum of $250,000 USD to DynaUSA as a subscriber to the Company’s Series B preferred share offering to shareholders and associates. Mr. Hall’s appointment as Vice President-CFO is expected to commence April 1, 2014.

Orex’s President Increases Ownership in Orex Minerals

President of Orex, Gary Cope announces that he has beneficial ownership of, and control and discretion over, directly or indirectly through 683192 B.C. Ltd., 9,975,000 common shares, or approximately 13.92% of the issued and outstanding common shares of Orex. If Mr. Cope exercises all of the 2,098,400 warrants owned, and the 1,090,000 options owned, he will have beneficial ownership of, and control and discretion over, directly or indirectly, 13,163,400 common shares (or 17.58%) in the capital of Orex.

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