Day: August 9, 2012

Goldcorp Appoints New Chief Operating Officer

Goldcorp Inc. today announced that George Burns has been appointed Executive Vice President and Chief Operating Officer, replacing Steve Reid, who has decided to leave the Company to pursue other interests.

San Marco Closes Final Tranche of $420,000 in Private Placement

San Marco Resources Inc. has completed the second and final tranche of its non-brokered private placement of units announced June 20, 2012 by selling 4,200,000 units at $0.10 per unit for gross proceeds of $420,000. The placement was oversubscribed and a total of $720,000 was raised. The proceeds of the placement will be used for continued drill target definition on San Marco’s 100% owned Los Carlos II gold-silver property, drill target identification on its recently acquired Angeles property, and general working capital.

Arian Silver Signs Letter of Intent with 500tpd Mill Operator

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, is pleased to report that the Company has signed a letter of intent, which reflects the Company’s intention to sign a definitive contract for exclusive use of a newly refurbished and soon to be re-commissioned 500 ton per day (“tpd”) toll mill. This mill, which is located on the outskirts of the City of Zacatecas, is currently expected to be operational within ten to twelve weeks.

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