Day: February 3, 2015

Westminster Closes Unit Private Placement Financing

Westminster Resources Ltd. wishes to announce that it has closed the non-brokered private placement that was initially announced in its press release dated November 28, 2014. The placement will be 14,600,000 units at $0.05 per unit for gross proceeds of $730,000. Each unit will be comprised of one common share and one common share purchase warrant. Each two common share purchase warrants will entitle the holder to purchase one additional common share at $0.10 per share until February 3, 2017.

Cierran minas en Zacatecas

El aumento del 50 por ciento en los costos de producción y la caída de los precios internacionales de plata, oro y el cobre, ha provocado la suspensión del 80 por ciento de proyectos de exploración minera en los últimos dos años, por falta de viabilidad financiera.

Yamana Announces Closing of C$299.3 Million Equity Financing, Including Full Over-Allotment Option Exercise

YAMANA GOLD INC. announced today that it has closed its previously announced offering of common shares of the Company. A total of 56,465,000 Offered Shares have been issued at a price of C$5.30 per Offered Share, for aggregate gross proceeds of C$299,264,500, which includes the full exercise by the underwriters of the over-allotment option to purchase an additional 7,365,000 Offered Shares.

El Tigre Silver Provides Progress Report and Assay Results

El Tigre Silver Corp. is pleased to present the results of our 2014 3rd and 4th quarter exploration program on the El Tigre Exploration Project located within the Company’s 215 square kilometre concession ownership in Sonora, Mexico.

Solitario Options Its Norcan Copper Project in Mexico

Solitario Exploration & Royalty Corp. is pleased to announce that it recently signed an option agreement with Minera Cuicuilco S.A. de C.V., a Mexican indirect subsidiary of Freeport-McMoRan Inc, on its Norcan copper project located in Mexico along the prolific copper producing Sonora-Arizona Copper Belt. The Norcan project consists of three properties totaling 19,453 hectares (48,048 acres) that are strategically located just north of and along trend with the world class Cananea copper mine.

Corex Announces Change of Auditor

Corex Gold Corp. announces that it has changed its auditors from BDO Canada LLP to Smythe Ratcliffe LLP, effective February 2, 2015.

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.