Day: March 13, 2014

SilverCrest Closes $23,023,000 Prospectus Offering, Over-Allotment Option Exercised in Full

SilverCrest Mines Inc. is pleased to announce the completion of its prospectus offering announced on February 19, 2014 whereby the Company issued a total of 8,855,000 common shares at a price of $2.60 per common share for gross proceeds of $23,023,000, including exercise of the over-allotment option in full. The offering was led by Dundee Securities Ltd., and included National Bank Financial Inc., Raymond James Ltd. and PI Financial Corp. as underwriters.

Source Exploration Corp.: Infill Drilling at Las Minas Project Supports Results of Prior Drilling at El Dorado Target

Source Exploration Corp. is pleased to announce that seven new infill drill holes drilled at the El Dorado target of the Las Minas Project have confirmed the results outlined by earlier exploration drilling. The seven holes are part of a planned two phase program totaling approximately 2,800 metres of delineation drilling at the El Dorado and Santa Cruz discovery areas.

Primero Meets Annual Silver Purchase Agreement Threshold Six Weeks Earlier Than 2013

Primero Mining Corp. announced today that it has successfully produced the annual threshold of 3.5 million ounces of silver and will now begin selling 50% of the silver produced at San Dimas at spot prices for its own account until August 5, 2014. The Company estimates that it will sell between 1,250,000 and 1,500,000 ounces of silver at spot realized prices by August 5, 2014.

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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.