High Desert Gold Corporation is pleased to report that it has closed its previously announced private placement of 20,928,394 units of the Company at a price of $0.225 per share for total gross proceeds of $4,708,888 million.
Bowmore Exploration Ltd. is pleased to announce the start of a Phase One 2,500 meter diamond drill program on the CHIVAS property located in Sonora, Mexico.
Kootenay Gold Inc. is pleased to announce that the Company has completed all necessary application processes and obtained regulatory approval to change its name to “Kootenay Silver Inc.” from “Kootenay Gold Inc.”. The Company’s shares will trade on the TSX Venture Exchange under the new name at market open on Tuesday, February 21, 2012. The trading symbol of the Company will remain as “KTN”.
Comstock Metals Ltd. declared that it has started the first phase of a drilling program on its Corona Gold-Silver Project located in the Uruachic District of Chihuahua, Mexico.
Defiance Silver Corp is pleased to announce the acquisition by staking of the 24,500 hectare blanket claim covering the historic Minerva Mining District in northern Coahuila State, Mexico. The Minerva Mining District is located 5 km west of the La Encantada Silver mine owned by First Majestic Silver Corp. which is projected to produce over 4 million oz of silver in 2012.
Southridge Enterprises Inc. announced that it will conduct additional rock sampling of the ore stockpiles at Cinco Minas to confirm the grades and tonnage cited in the 2007 Behre Dolbear Report, as part of the recently announced exploration program.
Camino Minerals Corporation is pleased to announce that it has signed a Letter of Intent with Arcelia Gold Corp. that sets out the terms upon which the Company can acquire from Arcelia the sole and exclusive right and option to acquire up to an 80% interest in the El Secreto Gold, Silver and Copper project located in Sinaloa State, Mexico.
Evrim Resources Corp. is pleased to announce the commencement of exploration work in the Trans Mexican Volcanic Belt in Mexico. The program is being jointly operated and funded by Evrim and regional exploration partner Newmont Ventures Limited.
MONCTON, N.B. – Landdrill International Inc. (TSXV:LDI) announced Monday that it has secured “record drilling commitments” from mining companies in Canada and internationally for 2012.
Aurcana Corporation is pleased to report it has increased its ownership in Real de Maconi S.A. de C.V. from 92% to 99.86% as a result of a recent capital restructure of Real de Maconi. Real Maconi holds a 99.99% interest (one share representing a .00002% interest is held by a third party) in Minera La Negra S.A. de C.V. which has a 100% interest in the La Negra Mine.
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