Day: April 3, 2014

IMPACT Silver Reports Results for the Year Ended Decembers 31, 2013

IMPACT Silver Corp. announces its audited financial and production results for the three months and year ended December 31, 2013. Overall, silver production and grade increased, but revenues decreased in 2013 relative to 2012 mainly due to the dramatic drop in silver prices. The Company had a net loss of $8.5 million for the year, most of which was due to non-cash items totaling $9.0 million, resulting in a positive cash contribution of approximately $0.5 million.

Orex Minerals Inc.: Drilling Program to Start in May for Over 10,000 Metres on the Coneto Gold-Silver Project in Mexico

Orex Minerals Inc. is pleased to announce that the 2014 diamond drilling program will begin in May on the Coneto Gold-Silver Project in Durango State, Mexico. The program will consist of approximately 10,800 metres in 28 holes, located in five areas on the Coneto property. A technical committee, with representation of both Orex and its project partner Fresnillo plc is planning the Coneto exploration program, with Fresnillo as the operator.

Citation Receives SERMARNAT Approval for Drill Program at Biricu Project

Citation Resources Inc. is pleased to announce that it has received formal written approval from The Ministry of Environment and Natural Resources (SERMARNAT) that its permit applications for its planned drill program at its Biricu Project have been approved and permits have now been issued.

Minaurum Gold Provides Corporate Update

As one of the first juniors to explore in the Guerrero Gold Belt (“GGB)”, Minaurum is focused on advancing its flagship Vuelcos del Destino project, located 20 km from Goldcorp’s Los Filos mine. To provide itself with financial flexibility, Minaurum has extended its option to purchase 100% of the project from Minera Zalamera S.A. de C.V. to April 23, 2017. In consideration for the extension, it will be paying an additional $20,000 and issuing an additional 2,650,000 shares.

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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.