Author: Josue Gomez

Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, has now engaged new OTCBB up-listing consultants and investment firm Magna Group Capital Management, LLC. Magna will coordinate leading professional services and utilize established industry contacts to substantially reduce the timeline to complete the up-listing process. Magna has also has committed up to $5,000,000 in capital funding for the Company upon completion of the up-listing process.

As a fastidious observer of the mining industry at large, I have detected what I believe is a particularly promising investment opportunity in a segment of the industry that receives little fanfare. By facilitating the discoveries and mineral expansions that directly drive growth and development, the providers of contract drilling services have a key role to play in the long-term bull market for copper, gold, coal, and a host of mined commodities. Of those service providers, Major Drilling is a very major force with a worldwide fleet of more than 700 rigs.

Last week Geologix Explorations announced they are now evaluating a new engineering concept and an alternative processing procedure for their flagship Tepal gold-copper project in Michoacan state, Mexico.

Paramount Gold and Silver Corp. is trading 1.7% higher after reporting results from four additional holes into the growing La Bavisa target on the company’s 100%-owned San Miguel Project in Mexico.

Cerro Resources NL reports that its shareholders have approved the grant of 1,500,000 options to one of its executive officer. The options will be exercisable at a price of $0.17 until December 31, 2014.

Golden Minerals Company today announced that Jerry W. Danni, Executive Vice President of Golden Minerals Company, has resigned from his position effective November 30, 2012 to pursue another career opportunity.

Dia Bras Exploration Inc. is pleased to announce the filing of its unaudited Financial Statements and Management Discussion and Analysis for the third quarter of 2012. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.diabras.com or SEDAR at www.sedar.com