San Marco Resources Inc. has received notification from Patriot Minefinders Inc. that they will not be proceeding with the La Buena property option. This option, as disclosed in the Company’s news release dated February 29th 2012, has thus terminated.
ABOT Mining is pleased to announce that the precipitation of gold and silver from the trial run of 150 tons of silver tailings and grounded ore shall continue for the next few days. Our Mexican Operating/JV Partner expects to smelt/refine the concentrate from this trial run into bars of dore bullion by the second to third week of this month.
Weststar Resources Corp. announces that the Company is seeking to raise up to $350,000 through the issue of a non-brokered private placement of units at a price of $0.035 per Unit.
Argonaut Gold Inc. is pleased to provide an update in regards to the Companys warrants which expired on December 31, 2012. In total, 25,744,277 warrants for the Company were exercised and the Company received total proceeds of approximately $115 million dollars.About Argonaut Gold
Silver Standard Resources (TSX: SSO) to Develop Mexican Mine
Guerrero Exploration Inc. announces that it has completed the previously announced acquisition of all of the issued and outstanding shares of Pinette Copper Corp, a private Vancouver-based mineral exploration company with 2 exploration properties located in Botswana. Guerrero will issue approximately 33,809,885 to the shareholders of Pinette.
First Majestic Silver Corp. is pleased to announce the appointment of Mr. Salvador García Ledezma as Vice President of Operations responsible for all operations and new project activities at the Company’s growing silver mining portfolio in Mexico.
Oremex Gold Inc. is pleased to announce the appointment of Mr. Michael Ivan, CA to the position of Chief Financial Officer.
Southridge Enterprises Inc. is would like to clarify that the Company does have signed agreements with KGEM (Kinross Gold Exploration Mexico) regarding Cinco Minas & Gran Cabrera, and that any and all quotes attributed in our December 26, 2012, news release to Mr. Martin Moscosa, Exploration Manager for Kinross Gold, are indeed accurate and documented.
Santacruz Silver Mining Ltd. announces that it has filed on SEDAR an updated technical report in respect of its San Felipe Project, titled “Update of NI 43-101 Technical Report on Resources, San Felipe Project, Sonora, Mexico”. The updated report provides additional information on data verification and sampling. It is updated as of December 19, 2012, and has an effective date of April 5, 2012. The resources remain unchanged from the original report which was announced on July 16, 2012.
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