VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 3, 2012) – Aura Minerals Inc. (TSX:ORA) (“Aura Minerals” or the “Company”) is pleased to announce the appointment of Ian Stalker to the Company’s Board of Directors.
Baja Mining Provides Update on Governance and Boleo Project Independent Chair of the Board Appointed Boleo Project Progress Continues Drilling Program Advances, With Assays Expected in Q1 2012 Vancouver, January 3, 2012 – Baja Mining Corp. today announced the appointment of former independent Lead Director Giles Baynham as independent Chair of Baja’s Board of Directors, the adoption of several new policies relating to corporate governance, and provided an update on the Company’s 70% owned, Boleo copper-cobalt-zinc project located in Baja California Sur, Mexico.
COUER D’ALENE, Idaho, Jan 03, 2012 (BUSINESS WIRE) — Star Gold Corp. (“Star Gold” or the “Company”) (otc markets:SRGZ) is pleased to announce the appointment of David Segelov to the Company’s Board of Directors. David Segelov is a Chartered Financial Analyst (CFA) and earned a Masters of Business Administration from Columbia University in New York. He also holds a law degree from Sydney University. He is the sole partner of Reverse Swing Capital, a financial consulting firm. Reverse Swing Capital provides financial analysis of investments and ideas for hedge funds. Prior to starting Reverse Swing Capital, Segelov was an analyst at various hedge funds including, for five years, at Para Partners in New York. Mr. Segelov currently holds no other management positions with any other public companies. For the past six years Mr. Segelov has primarily focused on resource companies in the USA, Australia and Canada with an emphasis in gold investments. Mr. Segelov has invested in a range of early stage projects encompassing various types of metals; including being an early investor in open pittable gold mines in Mali and Ghana and projects developing silver in New South Wales. Mr. Segelov’s personal philosophy as an investor is to identify long range “holds” in an attempt to capture value along the curve as companies are able to find and add resources and prove those resources into a viable mine.
Lone Star Gold, Inc. is pleased to announce the Company has decided to move forward with signing a Definitive Agreement to acquire an undivided 65% interest in the San Antonio del Potrero mine tailings project based on positive due diligence sampling results. The Definitive Agreement will be signed in early January 2012.
DENVER, Jan. 3, 2012 /PRNewswire/ — The Board of Directors of Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that effective January 1, 2012, Frederick H. Earnest, President and Chief Operating Officer of the Corporation was appointed to the role of Chief Executive Officer. Mr. Earnest’s new title will be President and Chief Executive Officer of the Corporation. Mr. Earnest’s appointment follows the retirement of Michael B. Richings as Executive Chairman and Chief Executive Officer. Mr. Richings will continue to be actively involved with Vista in his role as a director and the Chairman of the Board of Directors.
Westridge Resources Inc. is pleased to announce it plans a further diamond drilling program on its Charay project, located near the seaside city of Los Mochis, Sinaloa Mexico, in the first quarter of 2012 as a result of the December 23rd closing of the first tranche of the previously announced financing (gross proceeds of $1,001,369).
El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 2,936,000 units of the Company for aggregate gross proceeds of $734,000. Each Unit consists of common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 2 years from the date of issue at a price of $0.40 per share.
Silver Scott Mines, Inc. (OTC: SILS.pk) is pleased to announce the execution of a stock based 4 year earn in agreement for exploration covering more than 14,000 hectares in Baja California Sur. These two main concessions are located near the recently discovered gold deposit, Los Planes, by Pediment Gold Corp. in 2007 containing 1.66 million ounces of gold and the Concordia gold deposit with 2.28 million ounces of gold. Agreement allows the company to investigate high potential targets within these two mineralization trends, one of known gold deposits and the second trend having silver-gold deposits.
HALIFAX, Dec. 23, 2011 /CNW/ – (CNW – December 23, 2011) – Terry Coughlan, President and CEO of GoGold Resources Inc. (“GoGold”), is pleased to announce that GoGold has closed its previously announced non-brokered private placement financing of $4,500,000. The private placement comprised the sale of 3,600,000 common shares at a price of $1.25 per share (the “Private Placement”) The common shares issued in this Private Placement are subject to a 4 month hold period which ends on April 24, 2012.
Citation Resources Inc. is pleased to announce that it has today entered into an option agreement with Esperanza Resources Corp. to acquire 100% of Esperanza’s Biricu Prospect mineral exploration concession located in Guerrero State, Mexico. The Biricu concessions comprise more than 41,000 hectares of highly prospectable ground and are the direct on-strike extension of five skarn deposits in the Guerrero Gold Belt (El Limon-Los Guajes – Torex Gold Resources Inc.; Bermejal, Los Filos, and Nukay – Goldcorp Inc.; Ana Paula – Newstrike Capital Inc.). To date, very limited exploration activity has been conducted on the concessions.
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