Month: March 2015

Millrock Provides Corporate Update

Millrock Resources Inc. reports that Sarah Whicker has left the Company and will resign her position as Executive Vice President of Millrock and her positions with various Millrock subsidiaries.

Southern Silver Reports on Equity Raise and Corporate Matters

Equity raise: A Unit Offering of 20 million Units priced at $0.08 per Unit has been fully subscribed and the first tranche of $1,455,200 has closed with the balance of $144,800 expected to close prior to March 13, 2015. Electrum Global Holdings L.P. purchased 15,884,593 Units representing 41% of the then issued capital of the Company. Each Unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.08 per share.

Source Exploration Corp. Announces 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.

Great Panther Silver Reports Fiscal Year 2014 Financial Results

GREAT PANTHER SILVER LIMITED today reported financial results for the Company’s year ended December 31, 2014. The full version of the Company’s financial statements, Management’s Discussion and Analysis and Annual Information Form can be viewed on the Company’s website at www.greatpanther.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.

Agua y minerales: trasfondo del conflicto en Zacualpan

Zacualpan, municipio de Cómala, es un territorio estratégico pues el manantial ahí localizado abastece alrededor de 4/5 partes del agua que demanda la ciudad de Colima (con 105 localidades) y Villa de Álvarez (con 57 localidades). Del manantial, a 27.5 km de esta zona urbanizada, se captan por medio del Acueducto Zacualpan unos mil litros por segundo.

Almaden Provides Update on Tuligtic Project and Ixtaca Gold-Silver Deposit

Almaden Minerals Ltd. is pleased to report on the on-going development activities at the Company’s 100% owned Tuligtic project and the Ixtaca gold-silver deposit. Work currently underway includes advanced engineering and environmental baseline studies to meet the requirements of a Pre-Feasibility Study and the submittal of an environmental permit application and risk assessment to the Mexican regulatory agency responsible for mine permitting.

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.

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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.