Aurcana Corporation is pleased to report the results of the La Negra Mine 2012 underground drill program for drill holes that were not associated with the 43-101 Resource Estimate Report released on October 11, 2012.
Silver Sun Resource Corp. is pleased to announce that it has added Sung Ha (John) Kim to the Company’s advisory board. Mr. Kim will act as a communications liaison between the Company and the South Korean market.
Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, has issued a corporate update for shareholders of the Company to address questions arising from a recently announced joint partnership with respect to Cinco Minas. Southridge would like to inform shareholders that the joint partnership is no longer valid, and the Company is pursuing other joint partnership opportunities at this time. Although there have been a number of questions that have arisen from the events that followed our joint partnership announcement, the Company maintains that it has signed agreements and communications to verify all of its claims. The Company is currently working with its legal representation and has no further comment at this time.
Canasil Resources Inc. announces that MAG Silver Corp. has reported drill results from the recently completed Phase 2 drill program at Canasils La Esperanza silver-lead-zinc project in Durango and Zacatecas States, Mexico. 12 diamond drill holes were completed for a total of 3,049.50 metres 9 drill holes on 5 sections along a total strike length of 835 metres to test the Fatima vein and 3 drill holes on 2 sections 350 metres apart to test the San Pascual vein, both located in the northwest of the project area.
Evrim Resources Corp. is pleased to announce that it has acquired the Llano del Nogal project in Sonora, Mexico. Llano de Nogal is an early stage target covering 104 square kilometres of ground prospective for copper-molybdenum-gold porphyry deposits and epithermal gold and silver deposits. The project was identified through the Company’s generative programs and acquired through staking. The property is favorably situated in the prolific Cananea-La Caridad Porphyry Belt, and represents one of the few relatively untested targets in the trend.
Newmont Mining Corporation announced preliminary attributable gold and copper production and costs applicable to sales within the Company’s 2012 outlook.
Aurizon Mines Ltd. unanimously recommended that shareholders reject the hostile take-over bid received from Alamos Gold Inc.
DynaResource, Inc. and its affiliate DynaResource de Mexico SA de C.V., the 100% owner of the San Jose de Gracia Project in Sinaloa State, Mexico announce that they filed on December 27, 2012, an Original Petition and Application for Temporary Injunction and Permanent Injunction in the District Court of Dallas, Texas against Defendants Goldgroup Mining Inc., Goldgroup Resources Inc., and certain individuals acting in concert with the two Goldgroup companies.
Primero Mining Corp. today announced production and estimated cash costs for 2012 and provided production and cash cost guidance for 2013 with a three year outlook.
Guerrero Exploration Inc. announces that Mr. David Stadnyk has resigned, effective today.
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