VANCOUVER, BRITISH COLUMBIA, Mar 29, 2012 (MARKETWIRE via COMTEX) — Baja Mining /quotes/zigman/31250 CA:BAJ 0.00% (otcqx:BAJFF) announces that its 70 percent-owned Mexican subsidiary, Minera y Metalurgica del Boleo S.A de C.V (MMB) drew down a further US$ 80 million on March 28, 2012, the fourth draw on the Company’s senior loans to date.
DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia Project in Sinaloa, Mexico, targeting growth in the defining and production of gold and silver resources, is pleased to announce that it has filed with SEDAR a National Instrument 43-101 compliant Technical Report for the San Jose de Gracia Project (the “2012 DynaMexico Luna-CAM SJG Technical Report”, the “Technical Report”), as received from and approved by DynaResource de Mexico, SA de CV., the 100% owner of SJG.
Brigus Gold Corp. announces results for the fourth quarter and year ended December 31, 2011.
Vancouver, BC – Timmins Gold Corp. (TSX:TMM, NYSE.A:TGD) is pleased to report its financial results for the nine months and year ended December 31, 2011. All results are presented in United States dollar (“US Dollars” or “USD”) unless otherwise stated. Readers should refer to the 2011 year end management discussion and analysis (MD&A) and audited financial statements for more complete information.*
Goldgroup Mining Inc. is pleased to announce further assay results from the continuation of underground tunnel development at the Company’s 100%-owned Caballo Blanco gold project in Veracruz, Mexico. Both the main tunnel and a new crosscut tunnel to the west of the main tunnel continue to encounter mineralized, massive and brecciated massive silica. Assay results from the channel sampling in the main tunnel returned 49.40 metres of 1.13 g/t gold and 28.25 metres of 1.26 g/t gold from channel sampling in the crosscut tunnel. The average gold grades of the mineralized zones in the tunnel continue to correspond well with the grades of the drill holes completed in the area surrounding the tunnel. These results provide indirect confirmation for a robust resource model, serving to de-risk the Caballo Blanco project.
Arco Resources Corp. announces that based on the recommendation of the board of directors of Argentum Silver Corp., the optionee of Arco’s Lachiguiri, Silacayoapan and Nino Perdido properties located in Oaxaca, Mexico, Arco filed with the General Direction of Mines in Mexico to reduce the size of the Silacayoapan claim from 20,788 hectares to 3,475 hectares. Further, Arco’s land team determined that it will not renew the claims comprising the Nino Perdido property after discussions regarding Argentum’s decision to drop the claims from the option agreement between Arco and Argentum.
Vancouver, British Columbia — Further to its press release of February 16, 2012, Parlane Resource Corp. (TSXV:PPP) (“Parlane” or the “Company”) announced today that it has closed its non-brokered private placement with the issuance of 11,000,000 Units (the “Units”) priced at $0.15 per Unit, for gross proceeds of $1,650,000.
Aura Minerals Inc. today announced financial and operating results for the fourth quarter and full year 2011. All dollar amounts are expressed in US dollars unless otherwise specified.
AuRico Gold Inc. (TSX: AUQ.TO – News) (NYSE: AUQ – News), (“AuRico” or “AuRico Gold” or the “Company”) is pleased to provide 2012 quarterly operational guidance as well as three-year operational and capital expenditure guidance for 2012 to 2014. All amounts are in U.S. dollars unless otherwise indicated. The Company will be hosting an Analyst Day webcast on March 28, 2012 beginning at 11:00 a.m. eastern time, following the Company’s Q4 2011 financial results conference call and webcast, to discuss the Company’s operational and exploration programs.
Southern Silver Exploration Corp. reported that at its annual general meeting held on March 22, 2012 the following directors were re-elected: Lawrence Page, Q.C., Scott Hean, Terrence Eyton, D. Roger Scammell, Dale Janowsky, Nazlin Rahemtulla, and Jean-Pierre Colin.
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