Category: Investor’s Corner

Baja Mining Announces Further US$ 80 Million Draw of Senior Debt for Boleo

VANCOUVER, BRITISH COLUMBIA, Mar 29, 2012 (MARKETWIRE via COMTEX) — Baja Mining /quotes/zigman/31250 CA:BAJ 0.00% (otcqx:BAJFF) announces that its 70 percent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V (MMB) drew down a further US$ 80 million on March 28, 2012, the fourth draw on the Company’s senior loans to date.

DynaResource Files National Instrument 43-101 Technical Report for San Jose de Gracia

DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia Project in Sinaloa, Mexico, targeting growth in the defining and production of gold and silver resources, is pleased to announce that it has filed with SEDAR a National Instrument 43-101 compliant Technical Report for the San Jose de Gracia Project (the “2012 DynaMexico Luna-CAM SJG Technical Report”, the “Technical Report”), as received from and approved by DynaResource de Mexico, SA de CV., the 100% owner of SJG.

Parlane Closes Private Placement

Vancouver, British Columbia — Further to its press release of February 16, 2012, Parlane Resource Corp. (TSXV:PPP) (“Parlane” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 11,000,000 Units (the “Units”) priced at $0.15 per Unit, for gross proceeds of $1,650,000.

Timmins Gold reports Financial Results for the nine months and year ended December 31, 2011

Vancouver, BC – Timmins Gold Corp. (TSX:TMM, NYSE.A:TGD) is pleased to report its financial results for the nine months and year ended December 31, 2011. All results are presented in United States dollar (“US Dollars” or “USD”) unless otherwise stated. Readers should refer to the 2011 year end management discussion and analysis (MD&A) and audited financial statements for more complete information.*

AuRico Gold Provides details on its 90%-128% Production Growth Profile at its North

AuRico Gold Inc. (TSX: AUQ.TO – News) (NYSE: AUQ – News), (“AuRico” or “AuRico Gold” or the “Company”) is pleased to provide 2012 quarterly operational guidance as well as three-year operational and capital expenditure guidance for 2012 to 2014. All amounts are in U.S. dollars unless otherwise indicated. The Company will be hosting an Analyst Day webcast on March 28, 2012 beginning at 11:00 a.m. eastern time, following the Company’s Q4 2011 financial results conference call and webcast, to discuss the Company’s operational and exploration programs.

Pan American Silver and Minefinders Announce Final Court Approval of the Plan of Arrangement

Pan American Silver Corp. and Minefinders Corporation Ltd. are pleased to announce that the Ontario Superior Court of Justice has issued a final order approving the previously announced statutory plan of arrangement between Minefinders and Pan American under the Business Corporations Act. Pursuant to the Arrangement, Pan American will acquire all of the issued and outstanding common shares of Minefinders. As previously announced, on March 26, 2012, Minefinders and Pan American both received the required levels of approval of their respective securityholders at their special meetings held in connection with the Arrangement.

Paramount Gold and Silver Announces $18.2 million Private Placement of Common Stock

Paramount Gold and Silver Corp. has entered into definitive agreements with accredited investors to issue shares of its common stock in a private placement transaction. Under the terms of the Transaction, Paramount has agreed to sell an aggregate of 8,917,776 shares of common stock at $2.05 per share, for aggregate proceeds of $18,281,441. The closing of the Transaction is anticipated to occur on or about March 30, 2012, subject to the satisfaction of customary closing conditions.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.