Southern Silver Exploration Corp. reports thatFreeport-McMoRan Exploration Corporation has completedits due diligence under an Earn-In Agreement relating to the Cerro Las Minitas project in Durango, Mexico.
Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, wanted to clarify several corporate items. Firstly and with respect to the recent announcement involving Magna Group Capital Management, LLC., the Company has been engaged with Magna regarding their services to facilitate our up-listing process to the OTCBB and has received a term sheet from Magna. The Company is obligated to supply Magna with a number of due diligence items in order to satiate Magna’s requirements to proceed with the up-listing process.
Mexus Trinidad, association operated by Mexus Enterprises S.A. de C.V. has begun its operations on the joint venture properties in the State of Sonora, Mexico. The first objective was to establish the details of the new organization of the two companies Mexus Enterprises S.A. de C.V. and Trinidad Pacifica S. de R.L. de C.V. the company which currently owns the leases and concession rights to the mining properties. This transition is completed and working well.
Paget Minerals Corp. announced today the drill results from the first-ever drilling on the Santa Cruz Target within the San Ricardo Gold-Silver Project.
Auramex Resource Corp. announces that a 500 metre diamond drill program is underway at its Mexican property 20 kilometres north of Culiacan, Sinaloa.
Orex Minerals Inc. and Astral Mining Corporation announce that further to their joint press release dated October 15, 2012, they have entered into an arrangement agreement which provides for, among other things, the acquisition by Orex of all of the issued and outstanding common shares of Astral by way of a court approved plan of arrangement pursuant to the Business Corporations Act (British Columbia).
Citation Resources Inc. announces that the Company’s board of directors has approved the granting of 450,000 incentive stock options to directors and officers of the Company in accordance with its stock option plan. The options are exercisable at 0.105 per share and have an expiry date of December 7, 2017.
Oremex Silver Inc. announces that Mr. David Prins has resigned from his position as a director of the Company to focus on other recent commitments. “I want to thank David for his contributions to the Company and wish him well in his future endeavors” said Mr. John Carlesso, Executive Chairman of Oremex.
Southridge Enterprises Inc. is pleased to announce the completion of the drill program at Gran Cabrera property in Cinco Minas, Mexico. 37 holes totaling 3,246m have been completed at Gran Cabrera Mine and bringing the drill density to a higher level which is more suitable for a mineral resources estimation.
Argonaut Gold Inc. and Prodigy Gold Inc. are pleased to announce that their respective shareholders have approved the previously announced plan of arrangement whereby Argonaut will acquire all of the issued and outstanding common shares of Prodigy.
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