Month: May 2014

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.

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.

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.

Vista Gold Corp. Announces the Results of its 2014 Meeting of Shareholders

Vista Gold Corp. is pleased to announce the results of its 2014 annual general meeting of shareholders held in Vancouver, British Columbia on April 29, 2014. At the Meeting, all nominees listed in the management information and proxy circular for the Meeting were elected as directors of the Company. Detailed results of the vote by ballot are as follows:

Yamana Gold Announces Election of Directors

YAMANA GOLD INC. today announced the results of the vote for the election of directors held at the Annual and Special Meeting of shareholders on April 30, 2014. Detailed results are presented below.

New Gold Announces Results of Vote for Election of Board of Directors

New Gold Inc. today announces the voting results from the election of its Board of Directors at New Gold’s Annual General and Special Meeting of Shareholders held on April 30, 2014 in Toronto, Ontario. The director nominees listed in the Management Information Circular dated March 19, 2014 were elected as directors of New Gold at the Meeting. Detailed results of the vote are set out below.

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.