Source Exploration Corp. is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.075 per Unit for gross proceeds of up to $375,000. Each Unit will consist of one common share of the Company and one common share purchase Warrant.

Vendome Resources Corp. is pleased to announce the TSX Venture Exchange has consented to an extension in the expiry date for 5,165,166 share purchase warrants, that were set to expire on December 6th, 2013. The new expiry date is June 6th, 2015, at an exercise price is $0.30.

Mercator Minerals Ltd. climbed 100% to nine cents as investors assessed the news that the resource company and Intergeo MMC Ltd., a privately held mineral resource company, have been combined to create a new copper-focused base metal company. In connection with the transaction, Daselina Investments Ltd., Intergeo’s controlling shareholder, has agreed to invest US$100 million plus an amount equal to the accrued interest under the bridge loan via a private placement in the combined company at a subscription price of US$0.1224 per share.

Corex Gold Corp. (TSX: V.CGE, Stock Forum) rose 25% to 7.5 cents after the exploration junior announced results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a subsidiary of Vale S.A. (NYSE: VALE, Stock Forum).This first hole of a 4,000 metre first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the company’s Santana property, Sonora, Mexico. Hole SNT-DH0001 intersected 49 metres averaging 1.50% copper, 0.37 grams per tonne gold and 97.49 grams per tonne silver.

During a time of continued stagnation in both share prices and sentiment in the mining sector, Rob McEwen, Chairman and Chief Owner of McEwen Mining, was kind enough to share a few comments.

El Tigre Silver Corp. is pleased to announce that it will be applying to the TSX Venture Exchange for approval to the extension of the expiry date of 2,232,000 common share purchase warrants issued on December 30, 2011 and January 26, 2012 from December 30, 2013 to December 30, 2014 and January 26, 2014 to January 26, 2015, respectively. These warrants were issued as part of a private placement transaction and are exercisable at $0.40 into 2,232,000 common shares of the Company.

Intergeo MMC Ltd., a mining company controlled by Russian billionaire Mikhail Prokhorov’s Onexim Group, agreed to acquire Vancouver-based copper producer Mercator Minerals Ltd. to gain a listing in Canada.