International Northair Mines Ltd. is pleased to announce the assay results from five additional core holes completed at its La Cigarra silver project, located in north central Mexico. Two holes were completed within a previously untested area between the San Gregorio and Las Carolinas zones and three holes are from in-fill drilling within the Las Carolinas Zone.
Amato Exploration Ltd. announced today that effective immediately, the Company has terminated its agreement with its Investor Relations consultant, Mr. Jose Perez. This action was done as a cost cutting measure to preserve the Company’s working capital. The Company thanks Mr. Perez for his service and wishes him well in his future endeavours. In the interim, all future Investor Relations activities will be handled by Amato’s President & CEO, Mr. James D. Romano.
Orex Minerals Inc. announces that it has engaged Jada Jennings as a Senior Communications & Investor Relations Consultant pursuant to an agreement dated May 1st, 2012. Ms. Jennings will be based out of the Vancouver head office, and will report to Gary Cope, President.
QRS Capital Corp. announces the closing on April 30, 2012 of the first tranche of its previously announced non-brokered private placement of units of the Company at a price of $0.40 per Unit. The first tranche represented 1,598,850 Units for aggregate gross proceeds of $639,540. Each Unit consisted of one common share and one half of one common share purchase warrant. Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.70 per common share until April 29, 2014.
High Desert Gold Corporation reports that it has released its audited consolidated financial statements for the year ended December 31, 2011 and the related management’s discussion and analysis of financial position and results of operations.
Catalyst Copper Corp. is pleased to announce results from the first five (5) diamond drill holes from its 2012 program at the La Verde copper porphyry project in Michoacán state, Mexico.
Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that Mr. Marco Montecinos has been appointed Vice President of Exploration, effective immediately. Mr. Montecinos has been managing the Companys Nicaragua exploration program for the past year and will continue to focus his efforts on building and exploring our portfolio of highly prospective properties in Nicaragua and Mexico.
La minera de Carlos Slim tuvo un beneficio de 701.3 mdp en el primer trimestre del año; el alza se debe a mayores ventas y un aumento en el precio de los metales.
Scorpio Mining Corporation reports final results from the recently completed 4,068 meter Phase I drill program at its 100% owned La Revancha Project, Chihuahua State, Mexico.
Aura Silver Resources Inc. is pleased to announce that the Aura Silver / Intrepid Mines Ltd. joint venture and Pan American Silver Corp. have entered into a new agreement which supersedes the prior option agreement with respect to the East Taviche, West Taviche and Alma Delia concessions comprising the Taviche project in Oaxaca, Mexico. Under the terms of the new agreement the Taviche JV acquires a full 100% ownership interest in both the East Taviche and Alma Delia concessions while Pan Am retains a 100% ownership position in the West Taviche concession. The Taviche JV will be entitled to receive a cash payment of US $2.0 million, dependent on certain sale or disposition transactions undertaken by Pan Am in excess of a 70% interest with respect to the West Taviche property. Pan Am has also refunded the final earn-in payment of US $250,000 paid in September 2011. Additionally, the Taviche JV has granted Pan Am a 1.5% net smelter royalty (“NSR”) as well as a right of first offer (“ROFO”) on all of the East Taviche and Alma Delia concessions based on certain terms and conditions.
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