Day: June 2, 2015

Bonanza Assays From Alacrán Project

Azure’s Managing Director, Tony Rovira, stated: “While the IP and soil sampling surveys are in progress at La Morita and San Simon, we’ve continued our exploration activities across the wider Alacrán property. Results continue to exceed our expectations, with several new areas returning strong precious and base metal mineralisation which we are following up.

Oceanus Announces Non-Brokered Private Placement

Oceanus Resources Corporation is pleased to announce that it has undertaken a non-brokered private placement financing to raise a minimum of $1,000,000 and a maximum of $1,500,000 by the sale of units of the Company at a price of $0.20 per unit.

Goldgroup Amends Promissory Note Terms with Oroco Resource Corp.

Goldgroup Mining Inc. today announces that it has agreed to amend the payment terms for theUS$1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note issued by the Company to Oroco Resource Corp. pursuant to terms of the Cerro Prieto property sale. Goldgroup has issued the Oroco two promissory notes in replacement of the Note. The first note, in the principal amount of US$250,000, is payable on demand. The second, in the principal amount ofUS$750,000, is payable on or before September 15, 2015. Both new promissory notes bear 8% annual interest, payable monthly in arrears.

Excellon Releases Positive Preliminary Economic Assessment on Platosa Optimization Project

“We are very pleased with this preliminary economic assessment, as it demonstrates the exceptionally high returns of the optimization project proposed for Platosa, with a modest capital investment,” stated Brendan Cahill, President and Chief Executive Officer. “Platosa has been Mexico’s highest grade silver producer for over a decade and we now see the clear opportunity to resume being one of the lowest cost producers in the silver industry…

Minority Shareholders of Aura Minerals Inc. Seek to Maximize Value for All Shareholders; Send Letter to Board of Directors Demanding Change

Certain minority shareholders, writing on behalf of investors who collectively own approximately 5.5% of common shares (based on the diluted shares outstanding prior to a proposed private placement), sent a letter to the Board of Directors of Aura Minerals Inc. detailing their disapproval of capital allocation, management entrenchment and the inability or unwillingness to take actions necessary to maximize the per share value of Aura’s equity.

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.