Day: August 22, 2014

Morro Bay Resources Ltd. announces that it has released its Q3, 2014 Consolidated Financial Statements and Management Discussion and Analysis. The Third Quarter saw Morro Bay incur approximately $750,000 of expenditures at Peñoles. The incurring of such expenditures was one of the pre-requisites to Morro Bay exercising the option to acquire at least a 51% (and up to a 65% interest) in the Peñoles Project. Results of the exploration program were previously announced on June 9, 2014 and June 23, 2014 and included the discovery of a new zone of near surface mineralization to the south of Jesus Maria.

Tarsis Resources Ltd. is pleased to announce that the Company has arranged a private placement of 5 million units at $0.05 cents to raise $250,000.

Argonaut Gold Inc. released a resource estimate Friday for its San Agustin project, which is located about kilometers from the company’s El Castillo mine in Durango, Mexico.

Goldgroup Mining Inc. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement financing. Pursuant to the second tranche, Goldgroup issued 1,922,112 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$384,422.