Day: January 15, 2015

Orex Announces Private Placement

Orex Minerals Inc. announces a non-brokered private placement offering of 4,800,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $1,200,000. Orex intends to use the net proceeds of the Private Placement for continued exploration and development of its Los Crestones Property located in Sinaloa, Mexico and for general corporate and working capital purposes.

Northair Reports Updated Mineral Resource Estimate at La Cigarra Silver Project, Mexico

Northair Silver Corp. is pleased to announce the results of its updated resource estimate prepared by Allan Armitage, PhD, P. Geo. and Joe Campbell, B.Sc., P. Geo., of GeoVector Management Inc. for its flagship La Cigarra silver project located in Chihuahua State, Mexico. Northair’s first resource estimate for the Project was included in a technical report entitled “San Gregorio/Las Carolinas Resources Technical Report, La Cigarra Project, Chihuahua, Mexico” dated effective February 20, 2013.

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.