SilverCrest Announces Q1 Production 153,481 Ounces Silver & 7,225 Ounces Gold
SilverCrest Mines Inc. is pleased to announce production figures for the first quarter of 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico.
SilverCrest Mines Inc. is pleased to announce production figures for the first quarter of 2013 from its 100% owned Santa Elena Mine located in Sonora, Mexico.
Sierra Metals Inc., previously Dia Bras Exploration, is pleased to provide this revised news release which includes additional supporting details on the pre-feasibility study completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico announced on April 17, 2013. The study, mine plan and reserve estimate are based on Gustavsons work and mine plan.
En México, mineras trasnacionales y consorcios del país pagan por concepto de derechos, cinco pesos anuales por hectárea explotada; cada año piden a la Secretaría de Hacienda, crédito fiscal; tienen concesiones por 50 años renovables; pagan los salarios más bajos de Latinoamérica; han impactado negativamente los recursos hídricos y ambientales de diversas comunidades, y han provocado en ellas afectaciones sociales.
Golden Tag Resources Ltd. is pleased to report the recent filing of the 43-101 Technical Report on the 2013 Revised Resource Estimate completed by SGS Canada Inc. for the San Diego Deposit located in the Velardeña camp in Durango State, Mexico. The report is available through www.sedar.com and at Golden Tag’s Web site at www.goldentag.ca. The Resource Estimate was reported in a press release on February 26, 2013 [errata – press release March 04 2013] and reproduced below as Tables 1 and 2. The San Diego Property is a 50-50 joint venture between Golden Tag and Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM)Golden Tag is the operator and is earning an additional 10% interest to a 60% interest by funding additional exploration on the property.
Kootenay Silver Inc. announces that Agnico-Eagle Mines Limited has entered into a subscription agreement to make an investment of $4,750,000 in Kootenay through a non-brokered private placement of units. As a result of the transaction, Agnico-Eagle will own 9.96% of Kootenay’s issued and outstanding shares on a non-diluted basis.
McEwen Mining Inc. announces that Rob McEwen , Chairman and Chief Owner, has exchanged 42,103,285 shares of McEwen Mining – Minera Andes Acquisition Corp. into an equal number of McEwen Mining common shares. MAQ Exchangeable shares are exchangeable on a 1-for-1 basis into common stock of McEwen Mining and were issued in connection with US Gold Corporation’s (now McEwen Mining) acquisition of Minera Andes Inc. which was completed in early 2012. Mr. McEwen’s 25% ownership interest in McEwen Mining does not change as a result of this transaction.
The Company announces that its Board of Directors has approved and adopted a Shareholder Rights Plan. The Plan entitles shareholders to severable rights to purchase additional shares of the Company upon the occurrence of a take-over bid (i.e. an offer to purchase 20% or more of the issued shares, when aggregated with the offeror’s shareholdings), which fails to meet certain conditions. Bids which meet these conditions do not trigger the rights to purchase additional shares. Permitted Bids are offers which meet all of the following conditions:
Red Tiger Mining Inc. announces that it and ML have entered into an assignment of debt agreement with Unique Goals International, a company beneficially owned, directly or indirectly, by Mr. Sergey Yanchukov, a director of the Company. Pursuant to the Assignment of Debt Agreement, Unique proposes to assign to the Company the outstanding debt owed to it under certain loan agreements entered into between Unique and ML on each of August 20, 2012 and September 9, 2012 in the amounts of US$375,000 and US$420,000, respectively.
Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an update on the status of its agrarian legal suit against the Ejido La Sierrita, which was filed in August 2012 . Excellon sued the Ejido to terminate the surface rights agreement in respect of the surface rights to 1,100 hectares of exploration ground west of the La Platosa Mine and for various damages relating to the illegal blockade of the mine last year. The Ejido also sued for termination of the SRA one week after being advised of Excellon’s suit.
Primero Mining Corp. announced today that it has successfully produced the annual threshold of 3.5 million ounces of silver and will begin selling 50% of the silver produced at San Dimas at spot prices for its own account until August 5, 2013. The Company estimates that it will sell between 900,000 and 1,000,000 ounces of silver at spot realized prices by August 5, 2013.
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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.
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