Month: June 2014

DynaResource, Inc. Reports Gold Production From San Jose de Gracia

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, Mexico, is reporting the production and delivery for sale of approximately 511 Oz. gold contained in concentrates (exact weights in gold and silver oz. to be determined at final settlement). MinerasDyna is further reporting the final settlement of the prior sale of 239 Oz. gold at $1,311/Oz.

Primero Added to S&P/TSX Composite Index

Primero Mining Corp. is pleased to announce that S&P Dow Jones Indices has added Primero to the S&P/TSX Composite Index as a result of the Quarterly S&P/TSX Composite Index Review, effective after the close of trading tomorrow, Friday, June 20, 2014.

Garibaldi Advances Silver Eagle Target at Rodadero

Further to its news release of May 14, 2014, Garibaldi Resources Corp. (the “Company” or “Garibaldi”) is pleased to provide this progress report as drilling continues at the Silver Eagle target, Rodadero North in central Sonora State, Mexico. A fourth hole is now under way to test the geometry and dimensions of a promising high-grade, near-surface structure. Pending additional assay results are eagerly anticipated and will be released as they become available.

Scorpio Mining Announces Cosalá District Project Development

Scorpio Mining Corporation today announced its development plans for the Cosalá District projects with NI 43-101 compliant resources, namely the El Cajón and San Rafael deposits, both located within trucking distance from its Nuestra Señora processing plant.

Amarium Signs LOI to Acquire High Grade Copper Mine

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports the Company has signed a Letter of Intent to acquire a high-grade copper property in Michoacán, Mexico. This copper property has been previously worked as a smaller scale artisan mine. Due to the prior mining and extensive exploration, management believes there is a sufficiently significant available copper resource at this location to warrant large-scale commercial production. Terms of the pending acquisition have not been disclosed at this time.

Open Pit Heap Leach to Conventional Mill and Underground Mine

SilverCrest Mines Inc. is pleased to provide an update on the commissioning of the new 3,000 tonnes per day milling facility and processing plant and progress of underground development at its 100% owned Santa Elena Mine in Sonora, Mexico. The commissioning of the new mill commenced May 1st, 2014 and it is projected that continuous nameplate production of 3,000 tpd will be achieved by the start of August. Underground development continues with over 4,500 metres completed to date on ramping, ventilation and ore development. 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.

Bearing Provides Update on Pedro Property and Corporate Matters

Bearing Resources Ltd. announces that Newmont de Mexico, S.A. has provided notice to the Company terminating its option agreement over the Pedro property in Mexico effective July 11, 2014. The Company is still awaiting the results from the recent drill program and will release these drill results in due course.

Management Changes at Oremex Silver Inc.

Oremex Silver Inc. announced today that John Carlesso, the Chief Executive Officer of the Company, is no longer with the Company. Allan Folk, a director of the Company, has been appointed Interim Chief Executive Officer until such time as the board of directors successfully secures a replacement.

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.