Day: December 22, 2014

Rob McEwen, Chairman & Chief Owner Exercises Stock Options in McEwen Mining

McEwen Mining announces that Rob McEwen , Chairman and Chief Owner has exercised 1 million stock options on December 19, 2014. These options were exercisable at a price of $0.91 and Mr. McEwen intends to hold these shares for investment purposes. In addition, Mr. McEwen purchased 200,000 shares in the open market on December 12, 2014.

San Marco Resources Share Consolidation Approved by Shareholders

San Marco Resources Inc. announces that a special resolution to approve the consolidation of the Company’s shares on the basis of one new share for every five old shares was passed by shareholders of the Company at a Special General Meeting held in Vancouver, BC on December 22, 2014. Of the shares voted, 96% were voted in favour of the consolidation.

Mexus Gold US Update

Mexus Gold US announced today that it is still in discussions with multiple major mining companies. There is an ongoing negotiation taking place with one company and a deal will be completed if/when terms can be agreed upon. CEO and President Paul Thompson added “Mexus is doing everything possible to complete a deal in the first part of January, 2015. I believe that a deal will be made and 2015 will prove to be the year that Mexus turns a profit.”

Northair Silver Corp. Acquires Los Cuates Gold Project, Mexico

Northair Silver Corp. and its wholly owned subsidiary Grupo Northair de Mexico, S.A. de C.V. announces that it has signed two binding agreements; one with Serengeti Resources Inc. to acquire 100% the Los Cuates gold project adjacent to its Cigarra silver deposit, located in the state of Chihuahua, Mexico; and the other with Northern Empire Resources Corp. whereby Northair will assign and transfer the El Reventon silver project located in Durango State, Mexico to Northern Empire.

Bacanora notes scoping study by Rare Earth Minerals

BACANORA MINERALS LTD. notes the announcement made today by Rare Earth Minerals plc regarding their independently commissioned and funded scoping study on the El Sauz and Fleur concessions which form a part of the Company’s Sonora Lithium Project in Sonora State in Northern Mexico. A summary of the REM Scoping Study has been provided by REM in their press release today. Bacanora has not received a copy of the REM Scoping Study and is unable to comment on the valuations, assumptions, conclusions or methodology employed in the REM Scoping Study. Bacanora commends REM for its initiative in commissioning its independent study and its efforts in supporting the continued assessment and development of the concessions that are the subject of the study.

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