Day: June 25, 2014

Great Panther Reports Fatality at Its Topia Mine

GREAT PANTHER SILVER LIMITED is saddened to report the death of an employee on Wednesday, June 25th due to a rock fall at its Topia Mine in Durango State, Mexico. The accident occurred in the 1522 underground mine, which is one of 11 independent mines comprising the Company’s Topia Mine District.

Great Panther Reports Fatality at Its Topia Mine

GREAT PANTHER SILVER LIMITED is saddened to report the death of an employee on Wednesday, June 25th due to a rock fall at its Topia Mine in Durango State, Mexico. The accident occurred in the 1522 underground mine, which is one of 11 independent mines comprising the Company’s Topia Mine District.

Bacanora Announces Principal Terms of Equity Offering

BACANORA MINERALS LTD. is pleased to announce the principal terms of its previously announced brokered financing that is expected to be completed in conjunction with its application for the admission of its common shares to trading on the AIM Market of the London Stock Exchange. Bacanora intends to offer up to £4,750,000 of common shares at a price of 0.33p per share. Using a foreign exchange rate of £1.00 = C$1.834, the offering price per security will be approximately C$0.605 and the aggregate gross proceeds of securities offered is expected to be up to approximately C$8,708,334. If fully subscribed, an aggregate of up to 14,393,940 common shares will be issued to subscribers under the offering in addition to shares and warrants that are expected to be issued to the Company’s brokers and Nominated Advisor upon completion of the financing and admission onto AIM of the Company’s common shares. The proceeds of the offering will be used to cover the expenses associated with the AIM listing and to fund the preparation of a pre-feasibility study on the Company’s Magdalena Borate Project, for the continuation of the Company’s work program to establish the economic potential of the Sonora Lithium Project and for general working capital purposes.

New Reef of Anomalous Gold Expands Petate SW Zone by 1.2 Km El Petate Project, State of Hidalgo

Prospero Silver Corp. is pleased to announce the results of an additional 512 rock chip sampling program principally on a new reef at the Petate Southwest target zone. El Petate is a 6,530 hectare project in Hidalgo, Mexico some 35 Km to the SW of Pachuca. The new “Petate SW Reef” target has extended the Petate West zone by 1.2 km to the south. The Petate West zone now measures 5 km long in the north-south direction and up to 2 km wide in the east-west direction

New Reef of Anomalous Gold Expands Petate SW Zone by 1.2 Km El Petate Project, State of Hidalgo

Prospero Silver Corp. is pleased to announce the results of an additional 512 rock chip sampling program principally on a new reef at the Petate Southwest target zone. El Petate is a 6,530 hectare project in Hidalgo, Mexico some 35 Km to the SW of Pachuca. The new “Petate SW Reef” target has extended the Petate West zone by 1.2 km to the south. The Petate West zone now measures 5 km long in the north-south direction and up to 2 km wide in the east-west direction

Soltoro Completes Magnetic Surveys at Tecolote and Quila Projects

Soltoro Ltd. has completed two separate ground magnetic geophysical surveys at its 100%-owned Tecolote and Quila projects. The surveys were conducted to better understand their structural settings with a view to defining gold targets for drilling. Recent geological compilations have identified a broad northwest-trending belt of gold-silver mining districts that includes Soltoro’s El Rayo, Tecolote and Quila Projects, Cayden Resources El Barqueno Project and Endeavour Silver’s San Sebastian Project.

Soltoro Completes Magnetic Surveys at Tecolote and Quila Projects

Soltoro Ltd. has completed two separate ground magnetic geophysical surveys at its 100%-owned Tecolote and Quila projects. The surveys were conducted to better understand their structural settings with a view to defining gold targets for drilling. Recent geological compilations have identified a broad northwest-trending belt of gold-silver mining districts that includes Soltoro’s El Rayo, Tecolote and Quila Projects, Cayden Resources El Barqueno Project and Endeavour Silver’s San Sebastian Project.

Excellon resumes drilling at La Platosa

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report the resumption of diamond drilling at its 100%-owned La Platosa Mine located in Durango State, Mexico. Highlights of the ongoing exploration program include:

Excellon resumes drilling at La Platosa

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to report the resumption of diamond drilling at its 100%-owned La Platosa Mine located in Durango State, Mexico. Highlights of the ongoing exploration program include:

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