Author: Josue Gomez

On Tuesday, the top TSX mover was Baja Mining Corp. (TSX: T.T.BAJ, Stock Forum). The stock rose 17.65% on volume of 3.7 million shares. There has been renewed interest in the company after Baja reported it had received additional funding on Oct. 5, allowing it to continue construction on the Boleo project. The copper-cobalt-zinc-manganese project, located in Mexico, was the topic of recent controversy after Baja reported an increased capital cost as high as US$1.7 billion for the project.

Silver Bull Resources, Inc. (SVB.TO) today announced the drill results for the 6th batch of drill holes from the underground drill program twinning a series of “long holes” in a high grade silver zone situated at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project.

Aura Silver Resources Inc. is pleased to announce that Mr. Nick Tintor has been appointed the Independent Chairman of the Board of Directors of Aura Silver. Mr. Tintor is Managing Director of RG Mining Investments Inc., and President & Chief Executive Officer and a Director of Caracara Silver Inc. as well as Ferrum Americas Mining Inc. From January 2007 to March 2011, Nick acted as the President & CEO and a Director of Homeland Uranium Inc. as well as the President & CEO of Southern Andes Energy Inc. (now amalgamated with Macusani Yellowcake Inc.).

VVC Exploration Corporation announces that its Board of Directors has initiated a strategic review process to consider a range of strategic alternatives that have presented themselves to the Company, with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, the acquisition of certain mining assets in Mexico, a merger or other business combination transaction involving a third party, a joint venture, as well as continued execution of the Company’s existing business plan, or any combination thereof. Independent of the strategic review process, the Company plans on raising capital to fund its Cumeral exploration program and ongoing operations. The terms of this financing will be announced in due course in accordance with the rules of the TSX Venture Exchange.

Tarsis Resources Ltd. is pleased to announce that the financing announced on September 16, 2012 and increased on October 2, 2012 has been closed.