Month: February 2015

Embajada canadiense respalda represión a mineros y ejidatarios mexicanos

Documentos confidenciales de la embajada canadiense en México muestran el apoyo que le brindó a la empresa minera Excellon Corporation para acabar con la protesta de mineros y ejidatarios de La Sierrita, Durango que demandaban el saneamiento de las aguas contaminadas y el cumplimiento de derechos laborales.

Source Exploration Corp. Announcer Over-Subscription of Non-Brokered Private Placement

Source Exploration Corp. is pleased to announce an update to the previously announced non-brokered private placement of up to 10,000,000 units of the Company consisting of one common share of the Company and one half of one common share purchase warrant at a price of $0.08 per Unit for gross proceeds of up to $800,000. The Private Placement has been oversubscribed and the Company will increase the size of the Private Placement to issue up to a total of 12,725,000 Units at a price of $0.08 per Unit for gross proceeds of $1,018,000. All conditions previously announced will remain the same in the revised offering.

First Majestic Announces Financial Results for Q4 and Year End 2014

FIRST MAJESTIC SILVER CORP. is pleased to announce the consolidated financial results for the Company’s fourth quarter and year ended December 31, 2014. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site, on SEDAR at and EDGAR at

Kootenay Announces Phase II Drilling Underway on La Negra

Kootenay Silver Inc. is pleased to announce that camp upgrades are complete and Phase II drilling has now commenced on its La Negra Silver discovery, contained within the Promontorio Mineral Belt in Sonora, Mexico. The Phase II program is expected to comprise of approximately 30 drill holes once completed. B.D Drilling of Guadalajara, Mexico is the drill contractor.

Argonaut Gold Confirms Filing of Technical Report and Preliminary Economic Assessment for its San Agustin Project

Argonaut Gold Inc. is pleased to confirm the filing today, following the original news release on January 12, 2015, of its technical report and preliminary economic assessment in relation to its San Agustin project, pursuant to National Instrument 43-101 of the Canadian Securities Administrators. For further information on the San Agustin project, please see the technical report entitled “Technical Report and Preliminary Economic Assessment, San Agustin Project, Durango, Mexico” dated February 19, 2015 with an effective date of October 3, 2014 and available on and under the Company’s profile as well as the Company’s website,

First Quantum Minerals Reports Results for Three Months and Year Ended December 31, 2014

First Quantum Minerals Ltd. today announced comparative earnings of $76.9 million or $0.13 per share for the three months ended December 31, 2014 and $474.5 million or $0.80 per share for the full year 2014. Cash flows from operations, before working capital changes and tax paid, amounted to$263.1 million for the three months ended December 31, 2014 and $1,361.6 million for the full year 2014.

Pan American Silver announces changes to its senior management team

Pan American Silver Corp. is pleased to announce that it has promoted Mr. Michael Steinmann to President of the Company effective February 18, 2015. Mr. Steinmann will assume the role of President and will report to Pan American’s Chief Executive Officer, Mr.Geoff Burns.

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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