Month: February 2014

Goldgroup Receives Explosives Permit at Cerro Prieto

Goldgroup Mining Inc. is pleased to announce that its 100% owned subsidiary, Granmin S.A. de C.V. has received the permit for use of explosives from the Mexican military called SEDENA (“Secretary of National Defense”). This represents the final permit necessary for full-scale operations at the Company’s 100%-owned Cerro Prieto open-pit, heap leach gold mine located in Sonora, Mexico. The explosives permit allows Goldgroup to order and use explosives for mining purposes under the supervision of the military. The Environmental Impact Statement and the Authorization of Change of Land Use for the Cerro Prieto project have previously been granted.

Seeking Alpha – First Majestic Silver Management Discusses Q4 2013 Results – Earnings Call Transcript

Hello, and thank you for standing by. This is the conference operator. Welcome to the First Majestic Silver Fourth Quarter 2013 and Year-End Earnings Conference Call. And the conference is being recorded. After the presentation, there’ll be an opportunity to ask questions. At this time, I’d like to turn the conference over to Keith Neumeyer, President and CEO of First Majestic Silver. Please go ahead.

Marlin Gold Announces Streaming Acquisition to Launch Sailfish Royalty Corp.

Marlin Gold Mining Ltd. is pleased to announce the creation of Sailfish Royalty Corp. Sailfish will be a wholly-owned subsidiary of Marlin, domiciled in the British Virgin Islands. It is anticipated that the shares of Sailfish will eventually be distributed to Marlin shareholders, with Sailfish becoming a separate publicly traded company. Initially, Sailfish will be populated with a gold stream entitling it to purchase 25% of the gold produced from Marlin’s La Trinidad mine located in Sinaloa, Mexico, at US$1,150 per troy ounce for the next 40 years.

Bacanora Announces Issuance of Shares for Services Rendered

BACANORA MINERALS LTD. announces the issuance of an aggregate of 90,000 common shares at a price of $0.40 per share to James Leahy, a director of the Corporation. The foregoing shares are being issued in payment of services rendered under a consulting agreement (as amended) pursuant to which Mr. Leahy has provided various corporate financial advisory and other related services to Bacanora. The foregoing consulting services have been recorded and disclosed in the Corporation’s most recent financial statements for the period ended September 30, 2013. The completion of this share issuance is subject to the approval of the TSX Venture Exchange. Upon issuance, the foregoing shares will be subject to a statutory four-month hold period in accordance with applicable securities laws.

Excellon announces resignation of director

Excellon Resources Inc. announces that Mr. Ned Goodman has resigned as a director effective immediately. He will resume his role as a special advisor to the board of directors of the Company. This week Mr. Goodman resigned from a number of public company boards due to increased work commitments as the President and Chief Executive Officer and Director of Dundee Corp. and as Chairman of the board of directors of DREAM Unlimited Corp.

Alphamin Announces Changes to the Board of Directors

Alphamin Resources Corp. is pleased to announce the appointment of Mr Brendon Jones and Mr Rudolf Pretorius to the board of Alphamin. The appointment of the two directors, namely Mr Jones and Mr Pretorius is a condition of the private placement closed with Tremont Master Holdings announced on 27th December 2013. The Board is delighted to have Mr Jones and Mr Pretorius join the Board who will both add significant value to the direction of the company.

Fresnillo to resume Herradura operations next week

Fresnillo PLC said Wednesday the Mexican Ministry of Defense has granted a new explosives permit for the Herradura mining unit at Minera Penmont and the company expects to resume normal operations next week.

First Majestic Announces Financial Results for Q4 and Year End 2013

FIRST MAJESTIC SILVER CORP. is pleased to announce the consolidated financial results for the Company’s fourth quarter and year ended December 31, 2013. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com, on SEDAR at www.sedar.comand EDGAR at www.sec.gov.

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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