Focus Ventures Ltd. is pleased to provide its shareholders with an update on exploration at its Santa Cruz silver project in Mexico. Focus controls a district-scale land position covering a number of silver discoveries made since late 2011 and is currently preparing for a drill program.
Orex Minerals Inc. is pleased to announce the results of the second batch of holes from the 12,000 metres Phase-II diamond drilling program on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC, is managing this Phase-II program.
Parlane Resource Corp. announces that at its Annual General Meeting held on December 21, 2012, Messrs. Robert Eadie, Gary Arca and David Gunning were reappointed directors for the ensuing year, and Ken Sumanik was appointed a new director of the Company.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces today the appointment of Mr John Mayfield as Chief Financial Officer with effect from 7 January 2013. Outgoing CFO, Sam Clarke, who is leaving the Company to relocate overseas, will be assisting the transition phase to ensure continuity.
DynaResource Inc. last week asked a Texas state court for more than $14 million in damages it says were caused when Goldgroup Resources Inc. improperly claimed to own half of a 178,000-acre gold mining project in Mexico.
Cream Minerals Ltd. announces that further to the Company’s news release of December 21, 2012 in addition to the 24,114,000 warrants that have been re-priced to $0.10 and extended to December 20, 2013, the Exchange has approved the extension to December 20, 2013 an additional 13,036,000 warrants held by insiders. The exercise price of these warrants remains unchanged at $0.24 per share.
Bacanora Minerals Ltd. is pleased to announce the results of a Preliminary Economic Assessment on the Company’s Cajon Borate deposit in Sonora, Mexico.
First Mexican Gold Corp. reports that it has cancelled the previously announced financing on November 22, 2012 with Euro Pacific Canada Inc. The financing was to raise $1.0 million dollars through the issuance of a unit. Each unit consisted of one common share plus one-half of one common share purchase warrant, with each whole purchase warrant exercisable into a common share at a price of 14 cents for a period of 24 months from closing.
Gold Reserve Inc. has received a written notice dated January 3, 2013, that the staff of the NYSE MKT LLC intends to file a delisting application with the United States Securities and Exchange Commission to remove the Company’s common shares from being listed on the Exchange. The Company intends to appeal the Exchange staff’s decision.
– Advanced stage work aimed at expanding historical (NI 43-101) indicated resource (22 million ounces silver equivalent*.
– Update resource estimate and conduct preliminary economic assessment.
– Additional pure exploration targeting new discoveries in the 13,400-hectare property
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