Month: October 2011

TORONTO, Oct. 12, 2011 /CNW/ – NWM Mining Corporation (the “Company”) (TSX-V: NWM) announces that it has entered into a Revolving Credit Facility for US$5,000,000 (the “Facility”) with Renvest Mercantile Bancorp through its Global Resource Fund (“Global”). Uses of proceeds for the Facility include the funding for working capital and expansion costs for mining of the Lluvia de Oro and Jojoba properties, capital expenditures related to the production of gold, and other mine development costs.

Kimber Resources (AMEX:KBX) (TSE:KBR) announced Wednesday plans to update its mineral resource estimate for the Carmen gold-silver deposit at its Monterde project in Mexico, based on positive drilling results this year, including several, new high grade intercepts below the current resource.

VANCOUVER, BRITISH COLUMBIA, Oct 12, 2011 (MARKETWIRE via COMTEX) — SilverCrest Mines Inc. (the “Company”) (otcqx:STVZF) is pleased to announce continued growth of silver and gold production in the Third Quarter, 2011 from the Santa Elena Mine located in Sonora, Mexico. Silver production was up 43% to 106,636 ounces and gold production was up 61% to 8,805 ounces compared to the Second Quarter, 2011.

Minefinders Corporation Ltd. (“Minefinders” or “the Company”) (TSX: MFL)(NYSE Amex: MFN) is today reporting its production and sales results for the quarter ended September 30, 2011. Full financial and operating results for the quarter will be released after market close on Monday, November 7, 2011.

Year to date attributable silver production, including the Silverstream, decreased 0.3% and quarterly production decreased 5.8% compared to 3Q10 due to backfilling of long-hole stopes at the Fresnillo mine to reinforce safety conditions. We are expecting to return to normal operations by the end of October.

Azure Minerals (ASX: AZS) has appointed Peter Ingram as an independent non-executive director of the company.

Ingram has a track record of over forty years as a geologist within the mining and mineral exploration industries in Australia.

Ingram was managing director of Universal Resources Limited prior to its merger with Vulcan Resources (NYSE: VMC) and now acts as a non-executive director of the merged entity, Altona Minerals Limited.

In addition he previously held the positions of managing director of Metana Minerals NL, Eastmet Limited and Australia Oriental Minerals (ASX: AOM).

TORONTO, ONTARIO, Oct 11, 2011 (MARKETWIRE via COMTEX) — Primero Mining Corp. (“Primero” or the “Company”) is pleased to announce the appointment of Renaud Adams as Chief Operating Officer, effective October 15, 2011.

NEW YORK, Oct. 7, 2011 — /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world’s largest electronic marketplace for broker-dealers to trade over-the-counter (“OTC”) stocks, announced that SilverCrest Mines Inc. (OTCQX: STVZF; TSX.V: SVL), a Mexican precious metals producer headquartered in Vancouver, is now trading on the highest tier of the OTC market.

TORONTO, ONTARIO, Oct 05, 2011 (MARKETWIRE via COMTEX) — Dia Bras Exploration Inc. (“Dia Bras” or the “Company”) is pleased to welcome and announce the appointment of Mr. Steven Dean to the Board of Directors of Dia Bras. Mr. Dean replaces Director, Mr. David Crevier, who has tendered his resignation.