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.

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.