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
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.
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