The reporter in Mexico who described the purported death of two American executives with a crumbling business said they were likely not killed and he may have been “fed” the story.
United States Antimony Corporation announced initial mill feed assays from its Los Juarez silver-antimony-gold property. The assays were 0.728% antimony, 6.22 ounces of silver (193 grams) per metric ton, and 0.023 ounces of gold (0.7 grams) per metric ton and represent 1,415 tons of dump rock mixed with soil from the Minas Grande open pit that was 30 meters deep. There is no assurance that these values will continue in other areas of the property
IMPACT Silver Corp. is pleased to announce that the Company has successfully moved its newest silver mine into production. The commencement of production at the Cuchara-Oscar Mine represents IMPACT’s fourth underground silver mine taken from discovery to production at the Royal Mines of Zacualpan Silver District in Mexico.
Minaurum Gold Inc. is pleased to announce the identification of two new targets at its 100%-controlled El Pórfido gold-skarn/porphyry project. The 4,666-hectare project lies within 90 kilometers of the prolific Guerrero Gold Belt in the southwestern part of the Mexican state of Puebla. The property was staked by David M. Jones, who was responsible for the discovery of the Los Filos mine in the Guerrero Gold Belt, presently operated by Goldcorp.
Orko Silver Corp. announces that First Majestic Silver Corp. has not exercised its right to match pursuant to the arrangement agreement executed by Orko and First Majestic on December 16, 2012 and Orko is in the process of terminating the First Majestic Agreement and concurrently entering into an arrangement agreement with Coeur d’Alene Mines Corporation, based on the terms of Coeur’s superior proposal which was announced on February 13, 2013 (the “Coeur Agreement”).
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, announces that toll milling fully resumed on 16 February 2013.
Coeurs Stock and Cash Proposal Represents a Premium of Approximately 20% to the Current Implied Value of the First Majestic All-Stock Offer Should First Majestic Exercise its Matching Right by Tuesday at Midnight, Coeur Believes Orkos Upcoming Special Meeting Should be Postponed to Allow Orko Shareholders Time to Compare the Two Proposals
Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to $20,000,000. The Offering consists of up to 40,000,000 common shares at a price of $0.50 per share. Orex expects the Offering to close on or about March 30, 2013.
First Mexican Gold Corp., further to the Company’s news release dated January 29, 2013 and December 17, 2012, the Company has received TSX Venture Exchanges approval for and converted $50,000 of debt for 714,286 shares, at $0.07 per share.
Kimber Resources Inc. has announced its financial results for the three months ended December 31, 2012. All amounts in this news release are in Canadian dollars. The Company’s unaudited condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three months ended December 31, 2012 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.
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