Revolution Resources Corp. is pleased to report that the Company is continuing to advance its exploration programs at the Universo and La Bufa Properties. The Properties are located in two of Mexico’s most prolific Mineral Belts and are in close proximity to several operating mines.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 2, 2012) – Prospero Silver Corp. (TSX VENTURE:PSL) (“Prospero” or the “Company”) is pleased to announce the acquisition (through staking) of an additional 19,272 hectares in the Santa Maria del Oro gold/silver district. The new ground lies to the northeast and east of the historic, high-grade gold Magistral vein system. With this addition, Prospero holds a total of approximately 33,000 hectares that surround the historic Magistral del Oro mines, records from which indicate oxide ore mined at an average grade exceeding 15 g/t Au through the mid-20th century. The project claims are located in Durango state, 220km NW of Durango City, and 20km west of Indé.
VANCOUVER, BRITISH COLUMBIA, Mar 02, 2012 (MARKETWIRE via COMTEX) — Rockhaven Resources Ltd. (“Rockhaven”) is pleased to announce that Mr. Bruce A. Youngman has been appointed to the Rockhaven Board of Directors.
Source Exploration Corp. (“Source” or the “Company”) (TSX VENTURE:SOP) is pleased to announce the closing on March 1, 2012 of its previously announced non-brokered private placement of 11,500,000 units (the “Units”) at a price of $0.26 per Unit for gross proceeds of $2,990,000 (the “Offering”).
Urastar Gold Corp. announces the appointment of Mr. Adrian Robertson, P.Eng. (currently a director of the Company), as President and CEO of the Company. The appointment follows the resignation of Mr. Tom Kennedy as interim CEO. Mr. Kennedy will continue as Corporate Secretary of the Company.
VANCOUVER, March 1, 2012 /PRNewswire/ -VICTORY RESOURCES CORPORATION (the “Company”) is pleased to announce that it has received assay results of preliminary sampling of material from the old tailings pond from the La Reforma mine located north of Choix, Sinaloa State, Mexico. The method of sampling the results are shown in Table 1.
Vancouver, March 1, 2012 – Baja Mining Corp. (TSX: BAJ – OTCQX: BAJFF) today announced that it has filed and is mailing a second letter to shareholders. In the letter, Baja responds to misleading statements by dissident shareholder Mount Kellett Master Fund II A L.P., and highlights Mount Kellett’s failure to address seven critical facts in its dissident circular. Baja cautions shareholders not to trust the Mount Kellett wolf in sheep’s clothing.
Vancouver, British Columbia — Silver Bull Resources, Inc. (TSX: SVB, AMEX: SVBL) (“Silver Bull”) is pleased to announce the appointment of George Rawsthorne P.Eng. to the role of Vice President of Metallurgy.
Excalibur Resources Ltd. announces that, further to its news release of February 23, 2012, it has completed its non-brokered private placement of 6,190,000 Units at $0.10 per Unit for a total of $619,000. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.15 per share during the first year, and at $0.20 per share in the second year.
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