Day: October 28, 2014

McEwen Mining Files Early Warning Report in Connection With Private Placement in Visible Gold Mines Inc.

McEwen Mining Inc. has subscribed, by way of a private placement, 8,333,333 common share units of Visible Gold Mines Inc. at a price of $0.06 per Unit for an aggregate amount of $500,000. Each Unit consists of one common share and one warrant. Each warrant entitles McEwen Mining to purchase one additional common share in Visible Gold at a price of $0.10 until April 27, 2016. The common shares and warrants purchased pursuant to the Transaction represent ownership of approximately 10.4% of the issued and outstanding shares of Visible Gold post closing (or approximately 18.9% on a partially diluted basis).

Santacruz Silver Files San Felipe Preliminary Economic Assessment Report

Santacruz Silver Mining Ltd. announces that further to its news release dated September 11, 2014, it has filed an independent NI 43-101 technical report in respect of a resource estimate and preliminary economic assessment for the Company’s San Felipe Project in Sonora State, Mexico. The report is available under the Company’s profile on SEDAR at www.sedar.com. The results of the resource estimate and PEA were previously announced in the Company’s news release dated September 11, 2014.

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.