Author: Josue Gomez

Baja Mining Reports Standstill Extension

Baja Mining Corp. has been informed by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. that a standstill agreement extension with the remaining 2010 Project Financing lenders (excluding US EXIM) covering the period from May 20, 2013 to May 31, 2013 has been formally agreed. MMB continues discussions with the lenders to secure a longer-term standstill agreement and to renegotiate and reactivate the remaining 2010 Project Financing facilities.

Hecla Completes Acquisition of Aurizon Mines Ltd.

Hecla Mining Company announced today that its acquisition of Aurizon Mines Ltd. is complete. The acquisition brings to Hecla the Casa Berardi mine, which is located in Quebec, Canada, and is expected to produce 125,000 to 130,000 ounces of gold in 2013. With the ongoing shaft deepening project and planned future open pit development, the mine is expected to operate for more than a decade. The acquisition also brings several exploration and pre-development projects located in Quebec that could potentially generate future production growth.

Cayden Samples 21 m of 8.3 g/t Gold at El Barqueno

Cayden Resources Inc. is pleased to announce that it has received additional results from ongoing trenching programs at its El Barqueño property located in Jalisco State, Mexico. Highlights include: 21 meters of 8.3 g/t Au, including 4 meters of 20.3 g/t Au; 54 meters of 1.1 g/t Au; and 13 meters of 2.4 g/t Au.

Scorpio Mining Updates El Cajón Project Status and Signs Letter of Intent for Contract Mining at La Verde

Scorpio Mining Corporation reports that the Secretariat of Environment and Natural Resources (SEMARNAT) of the state of Sinaloa has declined the Company’s initial submissions for Change of Land Use permits pertaining to the development of underground mining operations at the El Cajón and San Rafael projects and continued exploration drilling at El Cajón. As previously disclosed, Scorpio requires two independent permits in order to commence mine construction at El Cajón: the Environmental Permit, which was delivered to the Company on April 30, 2013, and the Change of Land of Use Permit.

Arian Silver Issue of Shares

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the Company has drawn down GBP 216,000 of its GBP 5 million Standby Equity Distribution Agreement with YA Global Master SPV Ltd, as announced by the Company on 27 September 2012.

Bacanora Announces Board, Management Changes

Bacanora Minerals Ltd. is pleased to announce the appointment of two new directors to its board: Mr. Guy Walker of Wellington, New Zealand and Mr. Martin Fernando Vidal Torres of Hermosillo, Mexico. In order to create the necessary vacancies to effect these two appointments, Mr. Raymond Hodgkinson has resigned his position as a director of the Corporation, but will continue as an advisor and consultant to the Company. In addition to changes at the board level, the following changes have been made to officer roles within Bacanora: Mr. Martin Vidal has been appointed as President of the Company, Mr. Shane Shircliff has been appointed Chief Executive Officer of the Company and Mr. Paul Conroy has resigned as President and CEO, and has been appointed to the newly created office of Vice President, Special Projects.

NWM reports a loss of $145,529 for Q1. 2013

NWM Mining Corporation reports a net loss of $145,529 for the quarter ended March 31, 2013. The profit from operations before unrealized non cash foreign exchange losses and income taxes was $534,471. All amounts are presented in Canadian dollars unless otherwise noted.

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