Day: May 5, 2014

Tarsis Cuts 3.00 m of 11.10 g/t Gold and 31.6 g/t Silver at Yago

Tarsis Resources Ltd. is pleased to announce that it has carried out further exploration at its Yago project, including sawn channel sampling of outcrop, mapping and rock and soil sampling. The Yago project features gold and silver mineralization within a low-sulphidation epithermal environment.

SilverCrest Announces Commencement of Mill Commissioning At Santa Elena

SilverCrest Mines Inc. is pleased to announce a major milestone for the Company with the commissioning of the new 3,000 tpd CCD-MC processing plant now underway at its 100% owned Santa Elena Mine in Sonora, Mexico. The scheduled three year Expansion Plan to transition from an open pit heap leach operation to a conventional mill and underground mine is nearing completion. The US$99 million program including drilling, Pre-Feasibility Study, detailed engineering, new processing plant, and underground development is on budget (+/-5%) and has experienced only modest delays from the original schedule. Construction involved approximately 450 workers at its peak with a total of more than 1.5 million man-hours worked. Please click here www.silvercrestmines.tv/ to view the new ball mill in operation. For additional information and to view photos and videos of the mill, the processing plant and the mine site, please visit the Company’s website at www.silvercrestmines.com.

Boleo Project and Baja Corporate Update

Baja Mining Corp. wishes to provide an update on the Boleo Project construction budget and schedule and the updated Boleo Project technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V.

Orex Completes Airborne Geophysical Survey and Prepares for a TITAN 24 Deep Penetration Geophysical Survey at Los Crestones

Orex Minerals Inc. is pleased to announce completion of an airborne geophysical survey at its Los Crestones precious metal project, Sinaloa, Mexico. The 4,168 hectare helicopter-borne radiometric and magnetic survey was flown at 50m line spacing by MPX Geoservices Ltd. Data are being processed and results are expected in the coming weeks. In addition, Orex has signed a contract with Quantec Geoscience Ltd (“Quantec”) to undertake an 18 line-kilometre TITAN 24 DCIP (Direct Current resistivity and Induced Polarization chargeability) ground geophysical survey.

Red Tiger Update on Financial Statement Status

Red Tiger Mining Inc. announces that further to the new release of April 24, 2014, the Company applied to the Ontario Securities Commission, the principal regulator of the Company, for a management cease trade order, which the OSC issued on May 2nd. The MCTO imposes restrictions on trading in the Company’s securities by its Chief Executive Officer and Chief Financial Officer until the Company files the required filings, and the OSC makes an order revoking it. All other parties are permitted to freely trade the Company’s securities.

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.