Month: February 2014

Levon Completes Phase 4 Exploration Drilling at Cordero, Intersecting Strong Mineralization From Surface Within the Aida Claim

Levon Resources Ltd. is pleased to report that Phase 4 drilling was completed on February 13, 2014 at the Company’s wholly owned Cordero project near Hidalgo Del Parral, Chihuahua, Mexico. Twenty four core holes (13,072 metres) were drilled on a 100 m drill grid, testing the recently acquired Aida claim which is located in the center of the Cordero project. Assays for 14 of the 24 holes have been received and are described in this release. The pending assays of the remaining 10 holes will be reported when available, then all project drill data will be forwarded to Independent Mining Consultants to prepare an updated Cordero resource estimate.

Cayden drills 44 meters of 2.34 g/t gold and 23 meters of 2.43 g/t gold in the Azteca Zone at El Barqueño

Cayden Resources Inc. is pleased to announce results from the Company’s ongoing Phase 1 core drilling program at its 100% optioned El Barqueño Gold Project in Jalisco State, Mexico. Drilling highlights include 44 meters of 2.34 g/t Au in hole 37 and 23 meters of 2.43 g/t Au in hole 28. These holes extend the prospective mineralization previously encountered in holes 3 and 4.

Amarium Increases Daily Production by 300% at the Jovita Mine

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports that it has now completed upgrades to its site along with additions to the excavating, crushing and milling equipment at the Jovita Mine that have allowed daily production to increase by 300%. The existing daily throughput of 40 tons per day will now be operated at a capacity of 120 tons per day. The Jovita mine will test operate at 120 tons per day for the next 45 days, while production variances will be measured to ensure that consistent processing and a minimum grade of 3% for recoverable copper ore are maintained.

Avino Closes U.S. Brokered Public Offering

Avino Silver & Gold Mines Ltd. is pleased to report the completion of the previously announced brokered public offering through Noble International Investments, Inc., doing business as Noble Financial Capital Markets of Boca Raton, Florida as sole placement agent to certain institutional investors. Total gross proceeds of USD$5,000,000 were raised through the sale of 2,066,117 units at a price of USD$2.42 per Unit. Each Unit consisted of one common share and one-half of a transferable share purchase warrant.

San Marco Resources Provides 2013 Review and Updates 2014 Exploration Strategy

San Marco Resources Inc. is pleased to provide a review of the significant progress made in 2013 and update the strategic plans going forward into 2014. The Company’s property portfolio comprises of three active projects in Mexico that potentially host significant mineralized systems. During 2013, two of these projects, La Buena and Angeles, were comprehensively explored and drilled with all expenditures covered by Exeter Resources Corporation as per JV agreements signed in March 2013.

Tarsis Arranges Financing and Grants Options

Tarsis Resources Ltd. is pleased to announce that the Company has arranged a private placement of 3 million units at $0.075 cents to raise $200,000. These funds will be used primarily to advance Tarsis’s Yago Gold project. Tarsis’s geological team has identified priority targets on the Yago project that can be advanced geologically with additional work programs. The work programs are intended to upgrade the Yago Gold Targets and attract more potential partners for further exploration work.

Gold Resource Corporation Declares February Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of 0.01 per common share for February 2014 payable on March 24, 2014 to shareholders of record as of March 11, 2014. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.

Paramount Gold and Silver Drills 18 Meters of 4.46 g/T Gold and 434.9 g/T Silver, Completing Its Don Ese Infill Program at San Miguel

Paramount Gold and Silver Corp. today reported results from the final two core holes drilled at Don Ese-part of its ongoing program to enhance the resource base at its 100%-owned San Miguel Project in northern Mexico. Paramount has been drilling at San Miguel since late last year with two core rigs. The focus now shifts to a potential new discovery on the southern end of the 7.5 km long Guazapares Megastructure.

Kootenay provides exploration update of Promontorio satellite targets defining a 25 x 15 kilometer mineralized corridor

Kootenay Silver Inc. is pleased to provide an update of exploration on the contiguous land position surrounding its flagship Promontorio Silver Project in Sonora, Mexico. Ongoing exploration has resulted in the discovery of numerous zones of gold-silver, silver and gold-copper mineralization that defines a 25 x 15 km northwest trending corridor, the “Promontorio Mineral Belt”.

Monarchy Provides Shareholder Update

Monarchy Resources is pleased to provide the following update to its shareholders. Over the past several weeks, the Company has received a number of inquiries from shareholders seeking greater clarity as to the Company’s business plan and operations moving forward in 2014. In response, the Company wishes to clarify that it is firstly a Company that seeks to invest in historically significant mining claims and mining companies that operate independently, actively, and successfully in their local area with local competent management. The Company currently holds a 45% interest in New World Metals, a Chihuahua-based Mexican mining operation.

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.