Month: June 2011

Southern Silver Exploration (TSX-V:SSV, FRA:SEG) has increased the size of its previously announced private placement and tweaked the exercise price of warrants attached to the deal.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 30, 2011) – Timmins Gold Corp. (TSX:TMM) is pleased to report its fourth quarter and fiscal year end March 31, 2011 financial results.

2010/2011 HIGHLIGHTS

CALGARY, ALBERTA–(Marketwire – June 29, 2011) – BACANORA MINERALS LTD. (TSX VENTURE:BCN) (the “Corporation” or “Bacanora”) is pleased to announce the appointment of Mr. James Leahy of London, England, as a director of the Corporation. Mr. Leahy will fill the vacancy on the board created by the resignation of Mr. George Jones, a founding shareholder and director of the Corporation. The board of directors wishes to express its utmost thanks and gratitude to Mr. Jones for his years of faithful service during the formative years of the Corporation and to wish him most sincere best wishes in his future endeavours. Although he will no longer serve as a director of the Corporation, Mr. Jones will continue on with the Corporation in a consulting capacity in respect of general corporate structuring and tax matters.

AuRico Gold Inc. (AUQ.TO) has hit a new year high of $10.56 after providing an update of drilling results from the El Chanate Mine in Sonora, Mexico.

MONTREAL, QUEBEC, Jun 29, 2011 (MARKETWIRE via COMTEX) — Golden Tag Resources Ltd. (the “Company”) is pleased to announce the appointment of Mr Luis Felipe Medina as a director of the Company. Mr Medina is the Vice-President, Mexico for Agnico-Eagle Mines Limited (“Agnico-Eagle”). He has worked with Agnico-Eagle in Mexico since 2007 as General Manager of the Pinos Altos mining project and as the Regional Director of Agnico-Eagle Mexico. Mr Medina has more than 16 years of experience in the gold mining industry in Mexico and has participated in the permitting and development efforts at several successful mines in the country. From 1995 to 2007, Mr Medina was involved in the exploration, construction, and operations of “La Colorada” and “La Trinidad” Mines of Eldorado Gold, Cerro de San Pedro Project, operated by Cambior Inc. (then acquired by Glamis Gold), and the El Sauzal and Penasquito projects of Glamis Gold. He is a graduate from the University of CESUES in Sonora, Mexico with a degree in Environmental Engineering and a graduate of Harvard Business School General Management program. Mr. Medina is Vice President of Administration for the Mexican Mining Engineers, Metallurgists and Geologists Association and is a member of the Board of the Mexican Mining Chamber.

VANCOUVER, BRITISH COLUMBIA, Jun 29, 2011 (MARKETWIRE via COMTEX) — Galore Resources Inc. announces a non-brokered private placement of up to 6.7 Million units at a price of $0.15 per unit with an overallotment option of an additional 15% or 1,000,000 units. Each unit (a “Unit”) will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of $0.20 per share for a period of two years from the date of closing of the financing.

TORONTO, ONTARIO–(Marketwire – June 29, 2011) -Soltoro Ltd. (TSX VENTURE:SOL) reports that on June 28, 2011, subject to regulatory approval, it has granted incentive stock options to directors, officers and consultants to the Company. A total of 600,000 options were issued exercisable at a price of $0.82 per share for a period of three years. All options granted are subject to vesting under the Company’s stock option plan.

Canada’s Goldgroup Mining said it aims to bring its Caballo Blanco gold project in Mexico to production next year, after finding significant gold deposits at the project.

VANCOUVER, BRITISH COLUMBIA, Jun 29, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Corporation”) (tsx venture:GEX) is pleased to announce that Mr. Kevin Ernst has joined the Advisory Board and that the Corporation has engaged Ernst Capital Partners Inc.

Axiom Gold and Silver Corp. is pleased to announce that it has appointed Roman Friedrich III to its Board of Directors.