Day: June 9, 2014

Westminster Closes Unit Private Placement

Westminster Resources Ltd. announces that the non-brokered private placement of 6,350,000 units at $0.05 per unit to raise gross proceeds of $317,500 has closed. Each unit will be comprised of one common share and one-half common share purchase warrant. Each full common share purchase warrant will entitle the holder to purchase one common share at $0.10 per share until June 6, 2016.

Mexico-focused project developer Baconara aims for London listing

TSX-V-listed project developer Bacanora Minerals, which is working to advance its Mexican borate and lithium projects, intends to list its stock on the London Stock Exchange’s Alternative Investment Market in July, which is expected to be the only new mining issuer to start trading on the platform in recent months.

Amarium Announces Mineral Asset Acquisition Program

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the initiation of a Copper Mineral Asset Acquisition Program. Adam Carter, the President & CEO stated that Amarium’s net-earnings over the previous 12 months have significantly exceeded projections, therefore generating cash reserves for reinvestment. Due to the capital surplus and the ongoing relationship with Anglo-Asia Resource Partners’ demand to purchase additional copper, the Company is instituting the MAAP to increase value for shareholders.

Morro Bay Resources Announces the Discovery of a New Mineralized Zone, Including 388.4 G/T Silver Over 22.7 Metres, at the Penoles Project

Morro Bay Resources Ltd. is pleased to announce the completion of the recent drilling campaign on the Penoles Project which is owned by Riverside Resources Inc. From February to May, 2014 Morro Bay completed twenty three HQ sized core holes on the property, for a total of 2,143 meters. The majority of the drilling was focused in and around the Jesus Maria mine workings stepping out from the previous exploration drilling that had been conducted in the area.

El Tigre Silver Advances Sampling Beyond Resource Area and Reports 2.0 Metres of 702 g/t Ag (35 oz/t Ag)

El Tigre Silver Corp. is pleased to announce additional strong assay results of a recently completed extensive underground and surface sampling exploration program at its El Tigre Silver and Gold Project in northern Sonora, Mexico. El Tigre is reporting assay results from the historic mine levels 3.5 and 4 in the Espuelas Canyon area (Figure 1) that include 2.0 metres of 702 g/t Ag. A total of 173 underground and 393 surface samples were collected as channel samples from outcrops, as well as 25 stream samples and 27 regional samples from the main El Tigre Vein district.

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.