Day: September 15, 2015

Azure Minerals – Significant High Grade Silver Discovery

HIGHLIGHTS:

• Significant intercepts, including: 9m @ 1,235g/t Ag (from 3.0m depth) within 39m @ 347g/t Ag from surface

• Mineralisation is contained in a thick horizontal layer, capping flat-topped hills, over at least 500m of strike length and up to 300m in width

• Mineralisation starts at surface and continues consistently and uninterrupted for thicknesses of up to 70m

Goldgroup Fails to Make Payment to Oroco

Oroco Resource Corp. announces that it has not received any payout from Goldgroup Mining Inc. of the US$750,000 promissory note due and payable on September 15, 2015. The Company and Goldgroup are currently negotiating the payment of Goldgroup’s outstanding indebtedness to the Company. The Company remains confident of obtaining payment in full and of Goldgroup’s intentions to honour its indebtedness.

Oceanus Resources and EL Tigre Silver Announce Execution of Arrangement Agreement

Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that they have entered into an arrangement agreement to combine their respective companies by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia), under which Oceanus will acquire all of the outstanding common shares of El Tigre in exchange for common shares of Oceanus that values El Tigre at approximately $6,000,000.

AuRico Metals Announces Closing of Private Placement with Alamos Gold

AuRico Metals Inc. is pleased to announce the closing of the previously announced private placement with Alamos Gold Inc. for 8,000,000 shares at a per share price of C$0.70 for total proceeds of C$5,600,000. Together with the 5,767,855 shares Alamos already owned in AuRico Metals, Alamos now holds 10.9% of the issued and outstanding shares of the Company.

Orex Options the Sandra Escobar Silver-Gold Project in Durango, Mexico

Orex Minerals Inc. is pleased to announce that it has entered into an option agreement dated September 15, 2015 with Canasil Resources Inc. in respect of Canasil’s Sandra Escobar Silver-Gold Project in Durango, Mexico. Pursuant to the terms of the Option Agreement, Orex has a right to earn up to a 65% ownership interest in the Project.

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.