Day: January 23, 2014

Riverside Receives Shares, Warrants and $750,000 Drilling and Exploration Commitment from Morro Bay Resources

Riverside Resources Inc. is pleased to announce that new partner, Morro Bay Resources Ltd. has completed its qualifying transaction whereby it has acquired from Sierra Madre Developments Inc. an option to earn an initial 51% and up to 65% interest in Riverside’s Penoles Project. As a result of the Transaction, Riverside has received 3,705,974 Morro Bay common shares and 1,852,987 Morro Bay warrants. Morro Bay will also fund a minimum of $750,000 in exploration and drilling at the Penoles Project that will aim to build on last year’s results at the historic Jesus Maria silver mine area. Further information can be found in the Transaction Details section below.

Santacruz Silver Files NI 43-101 Technical Report for the Gavilanes Project on SEDAR

Santacruz Silver Mining Ltd. announces that it has filed on SEDAR an independent NI 43-101 Technical Report titled “2013 Mineral Resource Estimate, Gavilanes Project, Durango, Mexico”, including the initial resource estimate for the Gavilanes silver project located in San Dimas, Durango, Mexico, as described in the Company’s news release dated December 17, 2013.

Minaurum Gold Closes Non Brokered Private Placement

Minaurum Gold Inc. is pleased to announce that further to its news release dated December 20, 2013, it has completed its final tranche closing on $515,060 of its non-brokered private placement. A finder’s fee of $10,850 and 140,000 shares were paid in connection with the final tranche. The securities issued under the offering will be subject to a four month hold period expiring May 24, 2014 in accordance with applicable Canadian securities laws.

Candente Gold closes Non-Brokered Private Placement

Candente Gold Corp. is pleased to announce, it has completed its previously announced non-brokered private placement closing on a second tranche of $476,025 for a total of $746,025. Candente Gold has issued 14,920,500 common shares at a price of $0.05 per common share related to both tranches of the financing.

Big North Commissions NI 43-101 Technical Report on El Tejon Project

BIG NORTH GRAPHITE CORP. announced today that the Company has engaged R. Tim Henneberry, P.Geo. (British Columbia) of Mammoth Geological Ltd. to complete an independent NI 43-101 compliant technical report on the El Tejon Flake Graphite project. A site visit has now been completed.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.