First Majestic Silver Corp. is pleased to announce a new NI 43-101 Technical Report (TR) and Pre-Feasibility Study (PFS) for the Del Toro Silver Mine.
Santacruz Silver Mining Ltd. Santacruz is pleased to provide an update on its Rosario project, located in the mining district of Charcas, San Luis Potosi, Mexico. The environmental permits for both the underground development and mine construction have been received for the Rosario project. This is a positive development for the project as it is the Company’s intention to commission the mill within the first quarter of 2013. Detailed engineering and construction work continues on the project and is on schedule for the Company’s production target timeline.
International Northair Mines Ltd. is pleased to announce assay results from seven core holes recently completed in the Las Carolinas Zone of its La Cigarra silver project, located in north central Mexico.
Vancouver, B.C. – Prospero Silver Corp. (TSXV: PSL) (“Prospero” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement of up to 7,000,000 units at a price of $0.10 per unit, for an aggregate gross proceeds of up to CDN $700,000. Each unit will consist of one common share and one half warrant, each whole warrant exercisable by the holder to acquire one additional common share at a price of $0.20 for a period of 18 months from of the date of closing.
Southern Silver Exploration Corp. reported today that drilling on the Cerro Las Minitas project, located in Durango State, Mexico, continues to identify thick intervals of high-grade silver-polymetallic mineralization at the Blind Zone deposit. A new zone of gold and copper mineralization has been identified in drill core at the South Skarn area located approximately 1.5 kilometres south east of the Blind zone.
Golden Minerals Company is pleased to announce the results of a Canadian National Instrument 43-101 compliant mineral resource estimate for the Velardena Operations in Mexico which was received yesterday, May 17th. The resource estimate has been prepared under the direct supervision of Robert Sanderfur, PE, of the firm of Chlumsky, Armbrust and Meyer.
McEwen Mining Inc. announces that at its Annual General Meeting in Toronto on May 17, 2012, Mr.Robert McEwen, Chairman, President and Chief Executive Officer, provided an overview of the company’s current development plans and outlook for the price of gold.
Oremex Silver Inc. announces that it has made an application to the TSX Venture Exchange to extend the expiry date of 2,347,326 outstanding common share purchase warrants of the Company from May 28, 2012 to May 28, 2013, with all other terms and conditions of the Warrants remaining the same. Each Warrant is exercisable to purchase one common share of the Company at a price of $0.16 per common share. The application is subject to the approval of the TSX-V.
Kootenay Silver Inc. is pleased to provide a summary update with respect to its ongoing development activities at its flagship Promontorio Silver Project in Sonora, Mexico.
Esperanza Resources Corp. is pleased to announce the addition to the Companys management team of Mr. Daniel OFlaherty as Executive Vice President, Corporate Development, Mr. Johannes J. Miller as Vice President, Operations and Ms. Kylie Dickson as Chief Financial Officer.
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