Westridge Resources Inc. announces that geological mapping and trenching has identified several new epithermal veins south of the main El Padre Vein. This field work is being conducted concurrently with the diamond drill program underway on the Charay Project.
Guerrero Exploration Inc. is pleased to announce the Company has entered into a letter of engagement with Euro Pacific Canada Inc., pursuant to which the Agent has agreed to place, on a best efforts basis, up to 10,000,000 Units at $0.15 per Unit for total gross proceeds of $1,500,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. In addition, the Company will grant the Agent an option to sell up to 15% additional Units under the same terms to raise additional gross proceeds of $225,000. Each whole Warrant will entitle the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing.
Levon Resources Ltd (“Levon” or the “Company”) is pleased to announce that a total of 763,426 former Valley High broker warrants have been fully exercised for proceeds of $603,106. The warrants were exercised as of March 8, 2012. This completes the exercise of former Valley High Venture warrants.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the results of its updated Canadian National Instrument 43-101 mineral resource estimate for its 100%-owned San José Property, located in Zacatecas State, Mexico.
Gold Resource Corporation is pleased to announce the scheduled launch of its innovative gold and silver dividend program. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has paid 20 consecutive monthly dividends since declaring commercial production totaling over $41 million returned to shareholders.
Pacific Cascade Minerals Inc has prepared a summary of the six diamond drill holes released to-date. To maintain consistency of reporting the Company is reporting in gm/tonne and conversion to Troy ounces/tonne for precious metals and % for base metals.
San Marco Resources Inc. announces that it has completed a non-brokered private placement of 2,133,334 units at $0.15 per unit for gross proceeds of $320,000. Finders’ fees equal to 6% of the gross proceeds were paid in cash or shares. The shares issued in the placement, and any shares issuable on exercise of the warrants, are subject to a four month restricted resale period expiring on July 9, 2012.
GOLDEN, CO, Mar 8, 2012 (Marketwire via COMTEX) –Golden Minerals Company (“Golden Minerals” or the “Company”) (NYSE Amex: AUMN) (TSX: AUM) announces 2011 year-end results.
NSGold sets record date for “spin-out” of shares of NSX Silver
Urastar Gold Corp. is pleased to announce that it has entered into a drilling contract with Layne Drilling de Mexico for Reverse Circulation drilling at the El Antimonio exploration property located in Sonora State, Mexico. A total of approximately 10,000 meters in 40 holes is planned with an anticipated start date of March 12, 2012.
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